profit from every ₹100 of sales.

SML Mahindra
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay ₹61.25 for every ₹1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What SML Mahindra sold, what it kept, and what it did with the cash.
Sales went from ₹9.14 billion in 2022 to ₹24.0 billion in 2025, with ₹1.22 billion of profit last year.
SML Mahindra handed back 20% of the cash it generated last year.
SML Mahindra vs. similar companies
SML Mahindra grows the fastest of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
SML Mahindra | 61.3× · Very expensive | ||
Tesla | 406.5× · Very expensive | ||
Toyota Motor | 10.4× · Cheap | ||
BYD | 22.4× · Fair price | ||
General Motors | 26.9× · Fair price |
AI analysis
An AI analyst reads SML Mahindra's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 9,142 | 18,093 | 21,827 | 23,990 | |
| 1,530 | 3,432 | 4,805 | 5,769 | |
| -839 | 395 | 1,323 | 1,862 | |
| -357 | 809 | 1,830 | 2,406 | |
| -998 | 198 | 1,079 | 1,217 | |
| -68.94 | 13.71 | 74.54 | 84.08 | |
| 16.7% | 19.0% | 22.0% | 24.0% | |
| -9.2% | 2.2% | 6.1% | 7.8% | |
| -10.9% | 1.1% | 4.9% | 5.1% |
Balance sheet
| In millions of INR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 8,158 | 9,366 | 12,125 | 12,994 |
| Cash | 107 | 35 | 348 | 31 |
| Total debt | 2,978 | 2,645 | 4,213 | 3,271 |
| Total liabilities | 6,543 | 7,586 | 9,269 | 9,168 |
| 1,615 | 1,779 | 2,856 | 3,827 | |
| 14 | 14 | 14 | 14 | |
| -13.6% | 6.9% | 15.1% | 21.4% | |
| -61.8% | 11.1% | 37.8% | 31.8% |
Cash flow
| In millions of INR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -186 | 901 | -497 | 1,775 | |
| 190 | 413 | 424 | 620 | |
| -376 | 488 | -921 | 1,155 | |
| Dividends paid | 1 | 2 | 3 | 232 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 61.3×
- –
- –
- 14.0×
- 3.1×
- 64.5×
- 32.3×
- 1.5%
- 1.6%
- 0.3%
Profitability
- 24.0%
- 7.8%
- 5.1%
- –
- 20.3%
- 7.1%
- –
- –
- –
- –
Growth
- +37.9%
- –
- –
- –
- −0.0%
Financial health
- 1.3×
- 0.85
- –
- 6.4×
- 1.17
- –
- –
How it ranks in Consumer Discretionary
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
How safe it looks
19.1% of its profit
Room to growStretchedMore than it earns: 20.1%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about SML Mahindra
Is SML Mahindra a good stock to buy?
A business with weak numbers, priced as if everything goes right. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the SML Mahindra AI analysis
What does SML Mahindra do?
SML Mahindra Limited manufactures and sells commercial vehicles and related parts in India and internationally. The company's products include trucks and buses. It provides special application, cargo, and passenger vehicles. It is in Auto Manufacturers, based in Mohali, India.
Does SML Mahindra pay a dividend?
Yes. At today's price the dividend is 0.3% a year, about 19% of its yearly profit. In 2025 it paid out ₹232 million in dividends.
Is SML Mahindra stock halal?
Yes. SML Mahindra passes our halal screen: its business is permitted and its debt is 4% of its market value, under the 30% limit. How we check
How has SML Mahindra stock done over the past year?
Up 36.3% over the past twelve months, to ₹5,149.80. It traded between ₹3,460.00 and ₹6,824.10 and is 24.5% below its high.
Who are SML Mahindra's competitors?
The largest listed companies in the same industry are Tesla, Toyota Motor, BYD and General Motors. The peers table on this page compares their profit, growth and price with SML Mahindra's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



