Valuation SML Mahindra Limited

Equities

Market Closed - Bombay S.E. Other stock markets 03:30:48 19/01/2026 pm IST			5-day change	1st Jan Change
4,185.75 ^INR	-5.00%		-1.59%	+5.29%

16/01	SML Mahindra Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2025	CI
16/01	SML Mahindra Dec-quarter profit 175.4 million rupees	RE

Data adjusted to current consolidation scope

Fiscal Period: March	2020	2021	2022	2023	2024	2025
Capitalization ¹	4,342	6,542	7,161	10,667	27,659	22,642
Change	-	50.66%	9.47%	48.95%	159.29%	-18.14%
Enterprise Value (EV) ¹	5,809	8,805	9,972	13,264	31,507	25,845
Change	-	51.58%	13.25%	33.01%	137.55%	-17.97%
P/E ratio	-20.6x	-4.9x	-7.18x	53.8x	25.6x	18.6x
PBR	1.13x	2.56x	4.43x	5.99x	9.68x	5.92x
PEG	-	-0x	0.3x	-0x	0x	1.5x
Capitalization / Revenue	0.38x	1.11x	0.77x	0.59x	1.26x	0.94x
EV / Revenue	0.5x	1.49x	1.08x	0.73x	1.43x	1.08x
EV / EBITDA	70.6x	-12.1x	-22.7x	16.9x	17.9x	11.2x
EV / EBIT	-20.1x	-7.66x	-11.8x	34x	24x	13.9x
EV / FCF	5.24x	-18.5x	-24.9x	93.8x	-17x	58.3x
FCF Yield	19.1%	-5.4%	-4.02%	1.07%	-5.87%	1.72%
Dividend per Share ²	-	-	-	-	16	18
Rate of return	-	-	-	-	0.84%	1.15%
EPS ²	-14.55	-92.24	-68.94	13.71	74.54	84.08
Distribution rate	-	-	-	-	21.5%	21.4%
Net sales ¹	11,542	5,915	9,242	18,216	21,959	23,990
EBITDA ¹	82.31	-725	-439.9	784.2	1,756	2,309
EBIT ¹	-288.5	-1,149	-843.3	389.8	1,311	1,857
Net income ¹	-210.6	-1,335	-997.6	198.4	1,079	1,217
Net Debt ¹	1,467	2,263	2,810	2,596	3,848	3,204
Reference price ²	300.05	452.05	494.85	737.10	1,911.25	1,564.55
Nbr of stocks (in thousands)	14,472	14,472	14,472	14,472	14,472	14,472
Announcement Date	31/07/20	06/07/21	28/08/22	22/08/23	28/08/24	03/09/25

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
SML MAHINDRA LIMITED	-	-	-	-	70Cr
PACCAR, INC.	26.94x	2.1x	19.03x	2.99%	6.37TCr
TOYOTA INDUSTRIES CORPORATION	26.64x	1.71x	17.05x	1.38%	3.7TCr
DAIMLER TRUCK HOLDING AG	15.29x	1.1x	11.39x	3.97%	3.66TCr
KOMATSU LTD.	14.6x	1.47x	8.29x	3.37%	3.24TCr
EPIROC AB	32.53x	4.43x	18.14x	1.62%	2.88TCr
KNORR-BREMSE AG	28.27x	2.27x	13.46x	1.77%	1.88TCr
KUBOTA CORPORATION	17.33x	1.6x	12.87x	2%	1.79TCr
EXOR N.V.	-3.6x	-	-	0.7%	1.73TCr
METSO OUTOTEC OYJ	27.04x	2.82x	15.5x	2.28%	1.57TCr
Average	20.56x	2.19x	14.47x	2.23%	2.69TCr
Weighted average by Cap.	21.91x	2.10x	15.06x	2.46%