SML Mahindra Financials
NSE: SMLMAH | BSE: 505192
₹5,726.00
As on 03-Sep-2026 15:59IST
Market cap
₹8,302 Cr
Revenue (TTM)
₹2,950 Cr
P/E Ratio
53.1
P/B Ratio
14.2
Div. Yield
0.4 %
Income Statement (₹ Cr) |
TTM | Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Operating Revenue
|
2,949.57
|
2,837.92
|
2,398.99
|
2,195.93
|
1,821.59
|
924.17
|
|||||
|
Total Income
|
2,957.02
|
2,846.24
|
2,405.05
|
2,201.34
|
1,824.71
|
930.13
|
|||||
|
Total Expenditure
|
2,676.08
|
2,559.52
|
2,164.44
|
2,017.02
|
1,739.95
|
965.36
|
|||||
|
EBITDA
|
273.49
|
278.40
|
234.56
|
178.91
|
81.64
|
-41.19
|
|||||
|
Depreciation
|
52.87
|
52.03
|
48.35
|
47.52
|
42.43
|
43.53
|
|||||
|
EBIT
|
220.62
|
226.37
|
186.20
|
131.39
|
39.20
|
-84.72
|
|||||
|
Interest
|
18.39
|
20.75
|
29.88
|
30.35
|
25.04
|
21.51
|
|||||
|
Other Income
|
7.45
|
8.33
|
6.05
|
5.41
|
3.12
|
5.96
|
|||||
|
Exceptional Items
|
--
|
--
|
--
|
--
|
--
|
--
|
|||||
|
Profit before Tax
|
209.68
|
213.95
|
162.38
|
106.45
|
17.28
|
-100.27
|
|||||
|
Provision for Tax
|
53.27
|
54.20
|
40.70
|
-1.43
|
-2.56
|
-0.51
|
|||||
|
Profit after Tax
|
156.41
|
159.75
|
121.67
|
107.88
|
19.84
|
-99.76
|
Liabilities (₹ Cr) |
TTM | Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Shareholder's Funds
|
519.34
|
519.34
|
382.66
|
285.59
|
177.95
|
161.49
|
|||||
|
Minority Interest
|
--
|
--
|
--
|
--
|
--
|
--
|
|||||
|
Non-Current Liabilities
|
87.73
|
87.73
|
145.05
|
88.29
|
56.16
|
45.90
|
|||||
|
Current Liabilities
|
789.71
|
789.71
|
771.70
|
819.56
|
684.96
|
593.39
|
|||||
|
Total Liabilities
|
1,396.78
|
1,396.78
|
1,299.41
|
1,212.52
|
936.56
|
815.83
|
Assets (₹ Cr) |
TTM | Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Non-Current Assets
|
377.10
|
408.06
|
396.12
|
368.83
|
380.90
|
380.28
|
|||||
|
Current Assets
|
988.72
|
988.72
|
903.29
|
824.61
|
538.16
|
420.49
|
|||||
|
Total Assets
|
1,396.78
|
1,396.78
|
1,299.41
|
1,212.52
|
936.56
|
815.83
|
|||||
|
Total Debt*
|
--
|
280.15
|
321.78
|
415.66
|
258.11
|
290.57
|
|||||
|
Net Current Assets
|
199.01
|
199.01
|
131.59
|
5.05
|
-146.80
|
-172.90
|
|||||
|
Contingent Liabilities
|
--
|
27.84
|
26.06
|
31.87
|
27.35
|
39.19
|
Cashflow (₹ Cr) |
TTM | Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Cash From Operating Activities
|
--
|
156.19
|
177.48
|
-49.68
|
90.06
|
-18.61
|
|||||
|
Cash Flow from Investing Activities
|
--
|
-65.83
|
-60.94
|
-45.80
|
-42.09
|
-6.96
|
|||||
|
Cash from Financing Activities
|
--
|
-88.96
|
-148.26
|
126.81
|
-55.16
|
17.42
|
|||||
|
Net Cash Inflow / Outflow
|
--
|
1.41
|
-31.72
|
31.33
|
-7.18
|
-8.15
|
Financials Ratios |
TTM | Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Adjusted EPS (₹)
|
108.08
|
110.39
|
84.08
|
74.54
|
13.71
|
-68.93
|
|||||
|
Cash EPS (₹)
|
108.08
|
146.34
|
117.49
|
107.38
|
43.03
|
-38.86
|
|||||
|
Adjusted Book Value (₹)
|
402.82
|
358.86
|
264.42
|
197.34
|
122.96
|
111.58
|
|||||
|
Dividend per Share (₹)
|
0.41
|
23.50
|
18.00
|
16.00
|
--
|
--
|
|||||
|
Cash Flow per Share (₹)
|
--
|
107.93
|
122.64
|
-34.33
|
62.23
|
-12.86
|
|||||
|
Free Cash Flow per Share (₹)
|
--
|
42.05
|
33.29
|
-82.76
|
16.65
|
-43.18
|
Profitability Ratios |
TTM | Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
ROCE (%)
|
--
|
31.21
|
27.35
|
24.06
|
9.53
|
-16.40
|
|||||
|
ROE (%)
|
32.48
|
35.42
|
36.42
|
46.55
|
11.69
|
-47.84
|
|||||
|
ROA (%)
|
11.60
|
11.85
|
9.76
|
10.21
|
2.31
|
-12.61
|
|||||
|
EBIT Margin (%)
|
7.48
|
7.98
|
7.76
|
5.98
|
2.15
|
-9.17
|
|||||
|
Net Margin (%)
|
5.29
|
5.61
|
5.06
|
4.90
|
1.09
|
-10.73
|
|||||
|
Cash Profit Margin (%)
|
--
|
7.35
|
6.99
|
6.97
|
3.35
|
-5.97
|
Growth Ratios |
TTM | Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Revenue Growth (%)
|
18.04
|
18.30
|
9.25
|
20.55
|
97.11
|
56.36
|
|||||
|
EBIT Growth (%)
|
5.12
|
21.57
|
41.71
|
235.15
|
146.28
|
26.30
|
|||||
|
Net Profit Growth (%)
|
9.96
|
31.29
|
12.79
|
443.87
|
119.88
|
25.27
|
|||||
|
EPS Growth (%)
|
9.96
|
31.29
|
12.79
|
443.87
|
119.88
|
25.27
|
|||||
|
Book Value Growth (%)
|
--
|
35.72
|
33.99
|
60.49
|
10.19
|
-36.81
|
Valuation Ratios |
TTM | Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Price / Earnings
|
53.08
|
34.36
|
18.61
|
25.64
|
53.78
|
--
|
|||||
|
Price / Book Value
|
14.24
|
10.57
|
5.92
|
9.69
|
5.99
|
4.43
|
|||||
|
Dividend Yield (%)
|
0.41
|
0.62
|
1.15
|
0.84
|
--
|
--
|
|||||
|
EV/EBITDA
|
30.47
|
20.05
|
10.67
|
17.00
|
15.56
|
-28.19
|
|||||
|
Close Price (₹)
|
4,098.00
|
3,780.70
|
1,567.80
|
1,908.25
|
742.50
|
495.50
|
|||||
|
High Price (₹)
|
5,348.00
|
5,348.00
|
2,406.00
|
2,480.00
|
888.00
|
845.00
|
|||||
|
Low Price (₹)
|
2,112.10
|
1,442.35
|
1,028.40
|
701.00
|
493.65
|
430.00
|
|||||
|
Market Cap (₹ Cr)
|
8,301.66
|
5,489.10
|
2,264.17
|
2,766.00
|
1,066.72
|
716.13
|
Solvency Ratios |
TTM | Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Debt to Equity
|
0.02
|
0.54
|
0.84
|
1.46
|
1.45
|
1.80
|
|||||
|
Short term debt to equity ratio
|
--
|
0.42
|
0.59
|
1.23
|
1.26
|
1.45
|
|||||
|
Current Ratio
|
1.25
|
1.25
|
1.17
|
1.01
|
0.79
|
0.71
|
|||||
|
Quick Ratio
|
0.42
|
0.42
|
0.42
|
0.30
|
0.17
|
0.21
|
|||||
|
Interest Coverage
|
12.40
|
11.31
|
6.43
|
4.51
|
1.69
|
-3.66
|
Operating Efficiency Ratios |
TTM | Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Debtors to sales (%)
|
9.16
|
9.52
|
11.06
|
7.69
|
4.16
|
8.54
|
|||||
|
Asset Turnover
|
2.19
|
2.14
|
1.95
|
2.11
|
2.16
|
1.19
|
|||||
|
Receivable days
|
--
|
33.94
|
32.57
|
20.04
|
15.17
|
22.91
|
|||||
|
Inventory Days
|
--
|
78.50
|
86.84
|
82.01
|
70.40
|
107.82
|
|||||
|
Payable days
|
--
|
65.33
|
70.31
|
67.04
|
66.99
|
103.05
|
|||||
|
Cash Conversion Cycle
|
--
|
47.11
|
49.10
|
35.01
|
18.58
|
27.68
|