M&M Q4 results analysis: Brokerages stay bullish on M&M amid strong SUV growth and earnings outlook. They see up to 43 per cent upside in M&M share price despite margin pressure, tractor sales' risks
Mahindra & Mahindra reports a 42% rise in Q4 PAT to Rs 4,668 crore, driven by strong performance in auto, farm and services businesses, alongside steady growth in EVs
Mahindra & Mahindra Ltd on Tuesday reported a 48.5 per cent jump in consolidated profit after tax at Rs 5,259.91 crore for the fourth quarter ended March 31, 2026, primarily driven by its auto and farm sectors. The company had posted a consolidated profit after tax (PAT) of Rs 3,541.85 crore in the corresponding period of the previous fiscal year, Mahindra & Mahindra Ltd (M&M) said in a regulatory filing. Consolidated revenue from operations in the fourth quarter stood at Rs 54,891.55 crore, as against Rs 42,585.67 crore in the year-ago period, it added. Total expenses in the quarter under review were higher at Rs 49,615.48 crore, as compared to Rs 39,113.61 crore in the corresponding period of the previous financial year, the company said. For FY26, consolidated PAT was at Rs 18,621.71 crore as compared to Rs 14,073.17 crore in FY25, up 32.32 per cent. Consolidated revenue from operations in FY26 stood at Rs 1,97,792.78 crore as against Rs 1,58,749.75 crore in FY25, the ..
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Mahindra & Mahindra Ltd on Friday reported a 14 per cent year-on-year growth in total vehicle sales at 94,627 units in April. Domestic passenger vehicle sales last month stood at 56,331 units as against 52,330 units in April 2025, up 8 per cent, Mahindra & Mahindra (M&M) said in a regulatory filing. Commercial vehicle sales in the domestic market stood at 23,427 units last month, it added. M&M CEO, Automotive Division, Nalinikanth Gollagunta said the company has started the new fiscal year 2026-27 "on a positive note in April". The company further said its total tractor sales were up 21 per cent at 48,411 units last month, as against 40,054 units in April 2025. Domestic tractor sales in April 2026 were at 46,404 units, as against 38,516 units in the same month last year, a growth of 20 per cent. "This strong performance was delivered despite the absence of Chaitra Navratri in April this year, unlike last year when April included seven Navratri days," M&M President,
The index climbed as much as 2.69 per cent to hit an intraday high of 26,484, with buying fuelled by favourable management commentary from the country's largest carmaker, Maruti Suzuki India
M&M and Waaree Energies shares show strong bullish technical setups. Osho Krishan of Angel One recommend 'Buy' with defined stop losses and target prices.
Brokerage analysis suggests that auto pack delivered a strong performance in March 2026; however, they flagged demand risks going ahead
If the current geopolitical situation persists that results in supply chain disruptions and firm commodity prices, CLSA expects 30-40 per cent cuts to auto sector's FY27 earnings.
The Nifty Auto Index has corrected approximately 10 per cent year-to-date (Y-T-D), compared to Nifty's 9 per cent decline
M&M share price rose for a third straight session on Wednesday. Analysts at Nomura and SBI Securities are bullish on the stock citing strong SUV demand, EV growth, and attractive valuations
The latest recommendations by the Parliamentary Committee on EV policy reforms (PM E-DRIVE) could boost Tata Motors, M&M, Ather, and Sona BLW, said analysts at Nomura
Among others, Bharat Forge, TVS Motor, and Tata Motors Passenger Vehicles slipped over 3 per cent
M&M and Manulife have appointed Suresh Agarwal as MD & CEO designate of their 50:50 life insurance JV, marking Manulife's entry into India's life insurance sector, subject to approvals
Automaker to invest ₹196 crore in expanding Mahindra Research Valley in Chennai, adding advanced R&D and testing facilities and creating 2,000 jobs this year
The selling pressure on the counter came after brokerages remained cautiously optimistic on M&M post its Q3FY26 numbers released on Tuesday, during market hours
According to Axis Securities, the moderation in reciprocal tariffs to 18 per cent represents a meaningful tailwind for Indian automobile exporters, particularly auto component manufacturers
According to MOFSL, the demand for vehicles has picked up across segments, buoyed by GST rationalisation, and remains strong even post the festive season
Auto stocks in focus: ICICI Securities see limited impact of likely lower EU import tariffs on Indian Auto OEM space which is steadily progressing to clock ~45 lakh units' sales volume in FY26E.