Mahindra & Mahindra

M_M · NSE · INR

₹2,860.00Change from previous close: −3.05%Absolute change: −₹90.00

Close · October 1, 2026

Valuation

Data as of October 2, 2026

Valuation multiples

Market cap
₹3.43T
Enterprise value
₹4.22T
P/E (trailing 12 months)
17.4
Forward P/E
18.2
PEG
1.26
Price/book
3.43
Price/sales
1.60
EV/EBITDA
10.6
EV/revenue
1.97

Profitability and growth

Gross margin
38.6%
Operating margin
17.0%
Net margin
8.6%
Revenue growth (year over year)
27.5%
Earnings growth (year over year)
33.4%

Financial health

Total cash
₹513.4B
Total debt
₹1.37T
Debt/equity
1.25

Dividends

Annual dividend per share
₹33.00
Dividend yield
1.1%
Payout ratio
20.1%
Ex-dividend date
July 3, 2026

Analysts and estimates

Average price target
₹4,173.59
Median price target
₹4,105.50
High price target
₹4,875.00
Low price target
₹3,508.00
Number of analysts
34
Consensus
Strong buy
Forward EPS
₹157.54
EPS estimate, current year
₹137.07

Shares and trading

Beta
0.28
Average volume
2.22M
Shares outstanding
1.2B
Float
822.97M
Institutional ownership
53.3%
Insider ownership
25.2%