Mahindra & Mahindra ( M & M) is a dominant player in the UV market (58.2% market share in FY2000) and the tractor market (27.4% market share in FY2000). The strategy of introducing new products, and increasing retail sales paid off and the company was able to increase its market share in both segments in FY2000 as a result. The following are the main points of M & M's analyst meet:
Going forward the success of the company's new models, its market leadership, the potential of its software investments and its venture Mahindra British Telecom in which the company has a 60% stake are positive for the company.
M & M at the current price of Rs 250 is trading at a price to earnings multiple of 10.5x FY2000 earnings.
TATA MOTORS share price is trading up by 5% and its current market price is Rs 302. The BSE AUTO is up by 3.8%. The top gainers in the BSE AUTO Index are TATA MOTORS (up 5.2%) and M&M (up 6.8%).
TATA MOTORS DVR share price is trading up by 5% and its current market price is Rs 133. The BSE AUTO is up by 3.3%. The top gainers in the BSE AUTO Index are TATA MOTORS DVR (up 5.0%) and M&M (up 6.1%).
M&M share price is trading up by 5% and its current market price is Rs 790. The BSE AUTO is up by 1.7%. The top gainers in the BSE AUTO Index is M&M (up 5.1%). The top losers are TATA MOTORS and TVS MOTORS .
For the quarter ended December 2020, M&M has posted a net profit of Rs 309 m (down 89.9% YoY). Sales on the other hand came in at Rs 142 bn (up 15.2% YoY). Read on for a complete analysis of M&M's quarterly results.
Here's an analysis of the annual report of M&M for 2019-20. It includes a full income statement, balance sheet and cash flow analysis of M&M. Also includes updates on the valuation of M&M.
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