Mahindra & Mahindra Stock Price Today (NSE: M&M)
Mahindra & Mahindra
Fundamental Score
Mahindra & Mahindra Share Price Live NSE/BSE & Institutional Fundamental Analysis
Mahindra & Mahindra share price today is ₹3214.60, up +0.00% on NSE/BSE as of 18 March 2026. Mahindra & Mahindra (M&M) is a Large-cap company in the Passenger Cars & Utility Vehicles sector with a market capitalisation of ₹4.65L (Cr). The 52-week high for M&M share price is ₹N/A and the 52-week low is ₹N/A. At a P/E ratio of 32.69x, M&M is currently trading below its industry average P/E of 34.48x. The company has a Return on Equity (ROE) of 18.05% and a debt-to-equity ratio of 1.53.
Mahindra & Mahindra Share Price Chart — NSE/BSE Historical Performance
Returns & Performance
ROE
ROCE
OPM (5Y)
Div Yield
Mahindra & Mahindra Valuation Check
P/E Ratio
Industry P/E
Market Cap
Growth Engine
Profit Growth (Q)
Sales Growth (Q)
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Balance Sheet Health
Debt to Equity
Int. Coverage
Free Cash Flow (5Y)
Shareholding
Promoter
FII
DII
Pledged
Institutional Deep-Dive
Bull Run Research Hub
Mahindra & Mahindra Share Price: A Conservative Investor's Perspective
The Passenger Cars & Utility Vehicles sector is currently navigating a landscape of evolving consumer preferences and stringent regulatory standards. As a conservative value investor focused on capital preservation, my analysis of the Mahindra & Mahindra share price centers on fundamentals and a margin of safety. At a current price of ₹3578.0 and a PE ratio of 32.69, an in-depth examination is warranted to ascertain its intrinsic value relative to its market valuation. This analysis forms part of a comprehensive, 80-parameter fundamental audit personally verified by Sweta Mishra to ensure thoroughness.
A crucial metric for value investors is Return on Capital Employed (ROCE). Mahindra & Mahindra exhibits a ROCE of 13.93%. This figure, while positive, requires careful consideration. A consistently high ROCE typically indicates a strong competitive advantage or "moat." In Mahindra's case, 13.93% suggests a moderate moat, meaning the company possesses some barriers to entry and competitive advantages, but they aren’t insurmountable. Sustaining or improving this ROCE is paramount to maintaining profitability and shareholder value over the long term. This is especially important given the cyclical nature of the auto industry.
Comparing Mahindra & Mahindra with its peers provides valuable context. While direct comparisons can be challenging due to different business models, examining metrics like management quality is essential. For example, assessing the leadership and strategic direction of
Mercury EV Tech Ltd alongside Mahindra & Mahindra allows for a relative evaluation of their respective capabilities. A seasoned and effective management team is more likely to navigate challenges and capitalize on opportunities, thereby protecting shareholder capital. Ultimately, we need to understand if the PE multiple is justified relative to its peers.The current valuation necessitates a detailed review of Mahindra & Mahindra's financial statements, future growth prospects, and management's capital allocation strategy. This includes understanding the company's debt levels, cash flow generation, and its ability to adapt to the evolving automotive landscape. This is an observational analysis and not a buy or sell recommendation.
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Mahindra & Mahindra Fundamental Analysis & Valuation Benchmarking
Educational evaluation of M&M across key market metrics for learning purposes.
Positive Indicators
7 factors identified
Strong Return on Equity (18.05%)
Observation: Efficient use of shareholders' capital generating superior returns.
Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.
Strong Operating Margins (17.44%)
Observation: Healthy 5-year operating margins indicate pricing power and cost control.
Analysis: OPM >15% suggests operational efficiency and competitive advantages.
Strong Revenue Growth (21.57%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential.
Consistent Growth Track Record (16.13% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Excellent EPS Growth (113.37% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential.
Strong Profit Growth Track Record (113.38% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model.
Strong Institutional Confidence (FII+DII: 67.99%)
Observation: Significant professional investor participation.
Analysis: High institutional holding often signals thorough due diligence.
Risk Factors
3 factors identified
Elevated Debt Levels (D/E: 1.53)
Observation: High leverage increases financial risk and interest burden.
Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.
Negative Free Cash Flow (₹-18565.52 Cr over 5Y)
Observation: Cash outflows exceed inflows.
Analysis: Negative FCF requires analysis of capital expenditure cycle.
Low Promoter Commitment (18.43%)
Observation: Reduced promoter stake may indicate limited confidence.
Analysis: Low promoter holding may raise questions about management commitment.
Mahindra & Mahindra Financial Statements
Comprehensive financial data for Mahindra & Mahindra including income statement, balance sheet and cash flow
About M&M (Mahindra & Mahindra)
Mahindra & Mahindra (M&M) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Passenger Cars & Utility Vehicles sector with a current market capitalisation of ₹4.65L (Cr). Mahindra & Mahindra has delivered a Return on Equity (ROE) of 18.05% and a ROCE of 13.93%. The debt-to-equity ratio stands at 1.53, reflecting the company's capital structure. Investors tracking M&M share price can monitor key metrics including P/E ratio, promoter holding of 18.43%, and quarterly earnings growth.
Company Details
Key Leadership
Corporate Events
Latest News
M&M Share Price: Frequently Asked Questions
What is the current share price of Mahindra & Mahindra (M&M)?
As of 18 Mar 2026, 10:19 am IST, Mahindra & Mahindra share price is ₹3214.60. The M&M stock has a market capitalisation of ₹4.65L (Cr) on NSE/BSE.
Is M&M share price Overvalued or Undervalued?
M&M share price is currently trading at a P/E ratio of 32.69x, compared to the industry average of 34.48x. Based on this relative valuation, the Mahindra & Mahindra stock appears to be Undervalued against its sector peers.
What is the 52-week high and low of M&M share price?
The 52-week high of M&M share price is ₹N/A and the 52-week low is ₹N/A.
What factors affect the Mahindra & Mahindra share price?
Key factors influencing M&M share price include quarterly earnings growth (Sales Growth: 21.57%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is Mahindra & Mahindra a good stock for long-term investment?
Mahindra & Mahindra shows a 5-year Profit Growth of 113.38% and an ROE of 18.05%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 1.53 before investing in M&M shares.
How does Mahindra & Mahindra compare with its industry peers?
Mahindra & Mahindra competes with major peers in the Passenger Cars & Utility Vehicles. Investors should compare M&M share price P/E of 32.69x and ROE of 18.05% against the industry averages to determine competitive standing.
What is the P/E ratio of M&M and what does it mean?
M&M share price has a P/E ratio of 32.69x compared to the industry average of 34.48x. Investors pay ₹33 for every ₹1 of annual earnings.
How is M&M performing according to Bull Run's analysis?
M&M has a Bull Run fundamental score of 49.6/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.
What sector and industry does M&M belong to?
M&M operates in the Passenger Cars & Utility Vehicles industry. This classification helps understand the competitive landscape and sector-specific trends affecting Mahindra & Mahindra share price.
What is Return on Equity (ROE) and why is it important for M&M?
M&M has an ROE of 18.05%, which indicates excellent management efficiency. ROE measures how efficiently Mahindra & Mahindra generates profits from shareholders capital.
How is M&M debt-to-equity ratio and what does it indicate?
M&M has a debt-to-equity ratio of 1.53, which indicates high leverage that increases financial risk.
What is M&M dividend yield and is it a good dividend stock?
M&M offers a dividend yield of 0.68%, meaning you receive ₹0.68 annual dividend for every ₹100 invested in Mahindra & Mahindra shares.
How has M&M share price grown over the past 5 years?
M&M has achieved 5-year growth rates of: Sales Growth 16.13%, Profit Growth 113.38%, and EPS Growth 113.37%.
What is the promoter holding in M&M and why does it matter?
Promoters hold 18.43% of M&M shares, with 0.02% pledged. High promoter holding often indicates strong management confidence in Mahindra & Mahindra.
What is M&M market capitalisation category?
M&M has a market capitalisation of ₹465217 crores, placing it in the Large-cap category.
How volatile is M&M stock?
M&M has a beta of N/A. A beta > 1 suggests the Mahindra & Mahindra stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is M&M operating profit margin trend?
M&M has a 5-year average Operating Profit Margin (OPM) of 17.44%, indicating the company's operational efficiency.
How is M&M quarterly performance?
Recent quarterly performance shows Mahindra & Mahindra YoY Sales Growth of 21.57% and YoY Profit Growth of 15.85%.
What is the institutional holding pattern in M&M?
M&M has FII holding of 38.04% and DII holding of 29.95%. Significant institutional holding often suggests professional confidence in the Mahindra & Mahindra stock.