Mahindra & Mahindra Peer Comparison
NSE: M&M | BSE: 500520
₹3,290.60
As on 09-Nov-2026IST
Market cap
₹4,08,375 Cr
Revenue (TTM)
₹2,22,822 Cr
P/E Ratio
21.1
P/B Ratio
4.2
Div. Yield
1 %
| Mahindra & Mahindra | Maruti Suzuki | Hyundai Motor India | SML Mahindra | Hindustan Motors | |
|---|---|---|---|---|---|
Market cap (₹ Cr) |
4,08,375 | 4,06,051 | 1,71,365 | 7,501 | 288 |
Revenue (₹ Cr) |
2,22,822 | 2,08,192 | 73,920 | 3,064 | -- |
Net Profit (₹ Cr) |
19,590.67 | 13,101.70 | 4,574.82 | 147.06 | -3.78 |
Net Margin (%) |
8.63 | 6.18 | 6.11 | 4.79 | -46.72 |
RoE (%) |
20.53 | 12.45 | 22.65 | 27.25 | 13.18 |
Price to Earnings |
21.07 | 30.19 | 37.46 | 51.01 | -- |
Price-To-Book |
4.17 | 3.73 | 8.41 | 13.40 | 8.87 |
Income Statement (₹ Cr)
| Mahindra & Mahindra | Maruti Suzuki | Hyundai Motor India | SML Mahindra | Hindustan Motors | |
|---|---|---|---|---|---|
|
Operating Revenue
|
2,22,822.36 | 2,08,191.90 | 73,920.33 | 3,064.25 | 0.00 |
|
Total Income
|
2,26,878.77 | 2,12,018.50 | 74,921.69 | 3,071.18 | 8.09 |
|
Total Expenditure
|
1,82,212.97 | 1,87,383.10 | 66,449.82 | 2,804.17 | 3.52 |
|
EBITDA
|
40,609.39 | 20,808.80 | 7,470.50 | 260.08 | -3.52 |
|
Depreciation
|
7,697.92 | 7,222.90 | 2,264.85 | 53.34 | 0.02 |
|
EBIT
|
32,911.47 | 13,585.90 | 5,205.66 | 206.74 | -3.54 |
|
Interest
|
10,054.47 | 265.90 | 117.64 | 16.42 | 0.01 |
|
Other Income
|
4,056.41 | 3,826.60 | 1,001.36 | 6.93 | 8.09 |
|
Exceptional Items
|
-292.94 | 0.00 | 0.00 | 0.00 | -8.35 |
|
Profit before Tax
|
26,620.47 | 17,146.60 | 6,089.38 | 197.25 | -3.81 |
|
Provision for Tax
|
7,029.80 | 4,044.90 | 1,514.57 | 50.19 | -0.03 |
|
Profit after Tax
|
19,590.67 | 13,101.70 | 4,574.82 | 147.06 | -3.78 |
Liabilities (₹ Cr)
| Mahindra & Mahindra | Maruti Suzuki | Hyundai Motor India | SML Mahindra | Hindustan Motors | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
97,917.17 | 1,09,002.30 | 20,374.66 | 559.91 | 32.73 |
|
Minority Interest
|
-2,061.08 | 0.00 | 0.00 | 0.00 | 0.00 |
|
Non-Current Liabilities
|
1,01,015.92 | 5,490.10 | 2,476.99 | 80.81 | 1.06 |
|
Current Liabilities
|
1,35,674.85 | 40,309.40 | 12,959.36 | 525.36 | 21.93 |
|
Total Liabilities
|
3,16,053.68 | 1,85,376.00 | 34,404.26 | 1,396.78 | 55.44 |
Assets (₹ Cr)
| Mahindra & Mahindra | Maruti Suzuki | Hyundai Motor India | SML Mahindra | Hindustan Motors | |
|---|---|---|---|---|---|
|
Non-Current Assets
|
1,64,572.88 | 1,11,094.80 | 16,051.27 | 395.14 | 0.26 |
|
Current Assets
|
1,74,819.73 | 33,769.40 | 17,861.94 | 742.85 | 54.73 |
|
Total Assets
|
3,16,053.68 | 1,85,376.00 | 34,404.26 | 1,396.78 | 55.44 |
|
Total Debt*
|
1,32,587.26 | 0.00 | 1,017.93 | 280.15 | 17.92 |
|
Net Current Assets
|
39,144.88 | -6,540.00 | 4,902.57 | 217.49 | 32.80 |
|
Contingent Liabilities
|
11,600.31 | 17,919.80 | 4,303.57 | 27.84 | 78.03 |
Cashflow (₹ Cr)
| Mahindra & Mahindra | Maruti Suzuki | Hyundai Motor India | SML Mahindra | Hindustan Motors | |
|---|---|---|---|---|---|
|
Cash From Operating Activities
|
11,657.36 | 19,099.90 | 7,321.13 | 156.19 | 23.64 |
|
Cash Flow from Investing Activities
|
-17,707.39 | -14,733.50 | -1,941.27 | -65.83 | -18.50 |
|
Cash from Financing Activities
|
5,391.04 | -4,484.00 | -1,590.72 | -88.96 | -0.02 |
|
Net Cash Inflow / Outflow
|
-658.99 | -117.60 | 3,789.14 | 1.41 | 5.12 |
Ratios
Profitability Ratios
| Mahindra & Mahindra | Maruti Suzuki | Hyundai Motor India | SML Mahindra | Hindustan Motors | |
|---|---|---|---|---|---|
|
ROCE (%)
|
16.29 | 19.03 | 38.55 | 31.21 | -0.07 |
|
ROE (%)
|
20.53 | 12.45 | 22.65 | 27.25 | 13.18 |
|
ROA (%)
|
6.07 | 8.94 | 13.62 | 12.47 | -6.34 |
|
EBIT Margin (%)
|
14.77 | 6.53 | 7.04 | 6.75 | -- |
|
Net Margin (%)
|
8.63 | 6.18 | 6.11 | 4.79 | -46.72 |
|
Cash Profit Margin (%)
|
0.00 | 0.00 | 0.00 | 0.00 | -- |
Growth Ratios
| Mahindra & Mahindra | Maruti Suzuki | Hyundai Motor India | SML Mahindra | Hindustan Motors | |
|---|---|---|---|---|---|
|
Revenue Growth (%)
|
26.82 | 29.61 | 7.97 | 22.37 | -100.00 |
|
EBIT Growth (%)
|
23.92 | 0.79 | -24.76 | 0.27 | 20.09 |
|
Net Profit Growth (%)
|
41.83 | -9.88 | -19.97 | 3.94 | -155.34 |
|
EPS Growth (%)
|
37.78 | -8.99 | -19.97 | 3.94 | -37.48 |
|
Book Value Growth (%)
|
20.67 | 11.34 | 22.82 | 35.72 | 29.32 |
Valuation Ratios
| Mahindra & Mahindra | Maruti Suzuki | Hyundai Motor India | SML Mahindra | Hindustan Motors | |
|---|---|---|---|---|---|
|
Price / Earnings
|
20.83 | 30.19 | 37.46 | 51.01 | 67.34 |
|
Price / Book Value
|
4.17 | 3.73 | 8.41 | 13.40 | 8.87 |
|
Dividend Yield (%)
|
1.00 | 1.08 | 1.00 | 0.45 | 0.00 |
|
EV/EBITDA
|
9.27 | 18.70 | 21.66 | 29.84 | -73.69 |
|
Market Cap (₹ Cr)
|
3,30,373.28 | 3,86,668.44 | 1,44,470.42 | 5,489.10 | -- |
Solvency Ratios
| Mahindra & Mahindra | Maruti Suzuki | Hyundai Motor India | SML Mahindra | Hindustan Motors | |
|---|---|---|---|---|---|
|
Debt to Equity
|
0.83 | 0.00 | 0.02 | 0.00 | 0.00 |
|
Short term debt to equity ratio
|
0.20 | -- | 0.02 | 0.42 | -- |
|
Current Ratio
|
1.29 | 0.84 | 1.38 | 1.41 | 2.50 |
|
Quick Ratio
|
1.11 | 0.52 | 1.01 | 0.28 | 2.50 |
|
Interest Coverage
|
3.65 | 65.49 | 52.76 | 13.01 | -380.00 |
Operating Efficiency Ratios
| Mahindra & Mahindra | Maruti Suzuki | Hyundai Motor India | SML Mahindra | Hindustan Motors | |
|---|---|---|---|---|---|
|
Debtors to sales (%)
|
4.44 | 3.24 | 4.62 | 3.16 | -- |
|
Asset Turnover
|
0.69 | 1.42 | 2.20 | 2.60 | 0.00 |
|
Receivable days
|
15.33 | 11.43 | 11.82 | 33.94 | -- |
|
Inventory Days
|
37.46 | 17.54 | 18.05 | 78.50 | -- |
|
Payable days
|
95.02 | 53.76 | 51.65 | 65.33 | -- |
|
Cash Conversion Cycle
|
-42.24 | -24.80 | -21.78 | 47.11 | -- |