equitymaster.comFalseFalseM&M |
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Price History |
Price | Rs | 1,916.7 | | % ch | % | 2.0 |
Mkt Cap | Rs m | 2,383,409 | | No. of
shares | m | 1,243.53 |
Vol | '000 | 92.3 | | % ch week | % | 4.0 |
P/E | X | 21.3 | | % ch 1-mth | % | -0.6 |
P/CF | X | 15.2 | | % ch 12-mth | % | 68.4 |
EPS (TTM) | Rs | 89.9 | | 52 week H/L | Rs | 1,982.0/1,124.0 |
(As on Mar 28, 2024 03:31:00 PM) |
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Financials |
* Results Consolidated | No. of Months
Year Ending | 12
Mar-19* | 12
Mar-20* | 12
Mar-21* | 12
Mar-22* | 12
Mar-23* |
EQUITY SHARE DATA |
High | Rs | 992 | 696 | 952 | 979 | 1,396 |
Low | Rs | 616 | 246 | 266 | 671 | 808 |
Sales per share (Unadj.) | Rs | 962.6 | 680.0 | 669.0 | 810.8 | 1,088.9 |
Earnings per share (Unadj.) | Rs | 55.3 | 24.5 | 33.3 | 65.2 | 102.1 |
Diluted earnings per share | Rs | 48.4 | 21.8 | 29.8 | 58.3 | 91.5 |
Cash flow per share (Unadj.) | Rs | 92.0 | 54.8 | 63.8 | 96.8 | 141.3 |
Dividends per share (Unadj.) | Rs | 8.50 | 2.35 | 8.75 | 11.55 | 16.25 |
Adj. dividends per share | Rs | 7.44 | 2.09 | 7.81 | 10.33 | 14.55 |
Avg Dividend yield | % | 1.1 | 0.5 | 1.4 | 1.4 | 1.5 |
Book value per share (Unadj.) | Rs | 365.4 | 358.2 | 372.2 | 421.7 | 503.8 |
Adj. book value per share | Rs | 319.7 | 319.3 | 332.3 | 377.1 | 451.2 |
Shares outstanding (eoy) | m | 1,087.92 | 1,108.57 | 1,110.30 | 1,112.13 | 1,113.65 |
Bonus / Rights / Conversions | | 0 | 0 | 0 | 0 | 0 |
Price / Sales ratio | x | 0.8 | 0.7 | 0.9 | 1.0 | 1.0 |
Avg P/E ratio | x | 14.5 | 19.2 | 18.3 | 12.6 | 10.8 |
P/CF ratio (eoy) | x | 8.7 | 8.6 | 9.5 | 8.5 | 7.8 |
Price / Book Value ratio | x | 2.2 | 1.3 | 1.6 | 2.0 | 2.2 |
Dividend payout | % | 15.4 | 9.6 | 26.2 | 17.7 | 15.9 |
Avg Mkt Cap | Rs m | 874,576 | 521,748 | 676,005 | 917,452 | 1,227,490 |
No. of employees | `000 | NA | NA | NA | NA | NA |
Total wages/salary | Rs m | 112,421 | 82,148 | 78,133 | 83,867 | 96,780 |
Avg. sales/employee | Rs Th | 0 | 0 | 0 | 0 | 0 |
Avg. wages/employee | Rs Th | 0 | 0 | 0 | 0 | 0 |
Avg. net profit/employee | Rs Th | 0 | 0 | 0 | 0 | 0 |
INCOME DATA |
Net Sales | Rs m | 1,047,207 | 753,819 | 742,778 | 901,706 | 1,212,686 |
Other income | Rs m | 10,856 | 10,287 | 10,985 | 10,376 | 12,065 |
Total revenues | Rs m | 1,058,063 | 764,106 | 753,762 | 912,082 | 1,224,750 |
Gross profit | Rs m | 167,974 | 130,476 | 137,296 | 168,497 | 230,403 |
Depreciation | Rs m | 39,908 | 33,667 | 33,781 | 35,075 | 43,568 |
Interest | Rs m | 50,214 | 60,212 | 61,022 | 50,181 | 58,297 |
Profit before tax | Rs m | 88,708 | 46,884 | 53,477 | 93,618 | 140,602 |
Minority Interest | Rs m | 0 | 0 | 0 | 0 | 0 |
Prior Period Items | Rs m | 0 | 0 | 0 | 0 | 0 |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | 0 | 0 | 0 |
Tax | Rs m | 28,540 | 19,756 | 16,458 | 21,088 | 26,858 |
Profit after tax | Rs m | 60,169 | 27,128 | 37,019 | 72,530 | 113,745 |
Gross profit margin | % | 16.0 | 17.3 | 18.5 | 18.7 | 19.0 |
Effective tax rate | % | 32.2 | 42.1 | 30.8 | 22.5 | 19.1 |
Net profit margin | % | 5.7 | 3.6 | 5.0 | 8.0 | 9.4 |
BALANCE SHEET DATA |
Current assets | Rs m | 694,060 | 639,489 | 721,379 | 751,480 | 912,688 |
Current liabilities | Rs m | 586,093 | 540,095 | 514,460 | 562,883 | 705,794 |
Net working cap to sales | % | 10.3 | 13.2 | 27.9 | 20.9 | 17.1 |
Current ratio | x | 1.2 | 1.2 | 1.4 | 1.3 | 1.3 |
Inventory Days | Days | 226 | 346 | 361 | 305 | 289 |
Debtors Days | Days | 3 | 3 | 3 | 3 | 2 |
Net fixed assets | Rs m | 924,826 | 1,016,707 | 926,073 | 972,405 | 1,129,509 |
Share capital | Rs m | 5,440 | 5,543 | 5,552 | 5,561 | 5,568 |
"Free" reserves | Rs m | 392,055 | 391,501 | 407,719 | 463,431 | 555,486 |
Net worth | Rs m | 397,495 | 397,044 | 413,270 | 468,992 | 561,055 |
Long term debt | Rs m | 435,262 | 522,981 | 527,784 | 486,251 | 550,274 |
Total assets | Rs m | 1,618,887 | 1,657,161 | 1,647,452 | 1,723,885 | 2,042,763 |
Interest coverage | x | 2.8 | 1.8 | 1.9 | 2.9 | 3.4 |
Debt to equity ratio | x | 1.1 | 1.3 | 1.3 | 1.0 | 1.0 |
Sales to assets ratio | x | 0.6 | 0.5 | 0.5 | 0.5 | 0.6 |
Return on assets | % | 6.8 | 5.3 | 6.0 | 7.1 | 8.4 |
Return on equity | % | 15.1 | 6.8 | 9.0 | 15.5 | 20.3 |
Return on capital | % | 16.7 | 11.6 | 12.2 | 15.1 | 17.9 |
Exports to sales | % | 2.9 | 3.0 | 2.7 | 3.7 | 3.7 |
Imports to sales | % | 0 | 0 | 0 | 0 | 0 |
Exports (fob) | Rs m | 30,631 | 22,375 | 20,000 | 33,282 | 44,667 |
Imports (cif) | Rs m | 0 | 0 | 0 | 0 | 0 |
Fx inflow | Rs m | 30,631 | 22,375 | 20,000 | 33,282 | 44,667 |
Fx outflow | Rs m | 10,058 | 10,969 | 10,965 | 27,891 | 70,487 |
Net fx | Rs m | 20,573 | 11,406 | 9,035 | 5,390 | -25,821 |
CASH FLOW |
From Operations | Rs m | -43,473 | -14,569 | 179,088 | 92,476 | -70,740 |
From Investments | Rs m | -71,682 | -68,948 | -184,468 | -32,258 | -85,473 |
From Financial Activity | Rs m | 131,936 | 69,328 | 4,062 | -58,826 | 159,461 |
Net Cashflow | Rs m | 16,724 | -13,940 | -13,704 | 1,130 | 58 |
* Results Consolidated | Source: Company Annual Reports, Regulatory Filings, Equitymaster |
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Share Holding |
Indian Promoters: | 19.3% |
Foreign collaborators: | 0.1% |
Indian inst/Mut Fund: | 67.2% |
FIIs: | 40.9% |
ADR/GDR: | 0.0% |
Free float: | 80.7% |
Shareholders: | 690,006 |
Pledged promoter(s) holding: | 0.1% |
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Company Information |
REGD OFF: | Gateway Building, Apollo Bunder, Mumbai - 400001 |
E-MAIL: | group.communications@mahindra.com |
WEB: | www.mahindra.com |
TELEPHONE: | 022-68975500 |
FAX: | 022-22875485 |
SECTOR: | AUTOMOBILES - PASSENGER CARS |
GROUP: | Mahindra & Mahindra Group |
TR AGENT: | K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.), Karvy Selenium Tower B Plot 31-32, Gachibowli Financial District, Nanakramguda |
AUDITOR: | Deloitte Haskins & Sells |
CHM: | Anand G Mahindra |
COMP SEC: | Narayan Shankar |
YEAR OF INC: | 1945 |
BSE CODE: | 500520 |
FV (Rs): | 5 |
DIV YIELD (%): | 0.8 |