Overview
Mahindra & Mahindra Ltd, based in India, operates primarily in the automotive industry. It is renowned for manufacturing a wide range of vehicles, including SUVs, commercial vehicles, and tractors. The company also ventures into agribusiness, aerospace, and IT services, underscoring its diverse project portfolio. Founded in 1945, a diversified giant with a strong presence in utility vehicles, SUVs like the Scorpio, and even IT services through Tech Mahindra. Mahindra Tractors hold the title of world's biggest tractor manufacturer by volume.
Basic Stats
The share price of Mahindra & Mahindra Limited - Depositary Receipt (Common Stock) as of 4 September 2025 is US$39.80 / share. This is an increase of 11.17% from the prior week. The market cap (or net worth) of Mahindra & Mahindra Limited - Depositary Receipt (Common Stock) as of 5 September 2025 is US$44,429.27 MM.
The Factor Analysis chart (below right) shows a view of Mahindra & Mahindra Limited - Depositary Receipt (Common Stock) from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 44,429.27 MM |
| EV | |
| Shares Out. | 1,116.31 MM |
| Earnings Date | |
| EPS (TTM) | 122.99 |
| Dividend Yield | 137.50 % |
| Ex-Dividend Date | 2025-07-01 |
| Borrow Rate | 0.95 |
| Short Shares Avail. | 0.01 MM |
| Short Interest | |
| Short Float | |
| Days to Cover | |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | 22.84 % |
| Volatility (1 yr) | 0.35 |
| Beta | 0.95 |
| Sharpe Ratio (1 yr) | 0.53 |
| Sortino Ratio (1 yr) | 0.92 |
| PE Ratio | |
| Price/Book | |
| Price/TBV | |
| Book/Market | |
| EBIT/EV | |
| EBIT(3yr avg)/EV | |
| ROA | 0.06 |
| ROE | 0.18 |
| ROIC | 0.06 |
| CROIC | 0.00 |
| OCROIC | 0.01 |
| Implied Volatility | |
| Put/Call OI Ratio |
| Growth | 82.77 /100 |
| Profitability | 50.02 /100 |
| Quality Score | 31.40 /100 |
| Value Score | |
| Momentum Score | 75.09 /100 |
| Stability (Low Vol) Score | 64.19 /100 |
| Analyst Sentiment | 40.14 /100 |
| Fund Sentiment | 89.84 /100 |
| Insider Sentiment | |
| Officer Sentiment | |
| Dividend Score | |
| QVM Score | |
| Piotroski F-SCORE | 6.00 /9 |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for Mahindra & Mahindra Limited - Depositary Receipt (Common Stock) is US$42.01. The forecasts range from a low of US$34.52 to a high of US$47.38. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for Mahindra & Mahindra Limited - Depositary Receipt (Common Stock). An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2021-08-09 | Prabhudas Lilladhar | Buy | Maintains | |
| 2021-08-09 | HDFC Securities | Accumulate | Maintains | |
| 2021-06-07 | HDFC Securities | Accumulate | Maintains | |
| 2021-05-29 | Prabhudas Lilladher | Buy | Maintains | |
| 2021-03-18 | HDFC Securities | Accumulate | Maintains | |
| 2021-02-25 | LKP Securities | Buy | Maintains | |
| 2021-02-08 | Nirmal Bang Institutional | Buy | Maintains | |
| 2021-02-07 | Nirmal Bang | Buy | Maintains | |
| 2021-02-07 | ICICIdirect.com | Buy | Maintains | |
| 2021-02-07 | ICICI Securities Limited | Buy | Maintains | |
| 2021-02-06 | Motilal Oswal | Buy | Maintains | |
| 2021-01-04 | ICICI Securities Limited | Buy | Maintains | |
| 2021-01-04 | ICICIdirect.com | Buy | Maintains | |
| 2021-01-04 | Prabhudas Lilladher | Buy | Maintains | |
| 2021-01-02 | Motilal Oswal | Buy | Maintains | |
| 2020-11-25 | Prabhudas Lilladhar | Buy | Maintains | |
| 2020-11-25 | Prabhudas Lilladher | Buy | Maintains | |
| 2020-11-23 | Motilal Oswal | Buy | Maintains | |
| 2020-11-13 | Geojit BNP Paribas | Buy | Maintains | |
| 2020-11-11 | Nirmal Bang | Buy | Maintains | |
| 2020-11-11 | Nirmal Bang Institutional | Buy | Maintains | |
| 2020-11-10 | Prabhudas Lilladher | Buy | Maintains | |
| 2020-11-10 | Motilal Oswal | Buy | Maintains | |
| 2020-11-10 | BOB Capital Markets Ltd. | Sell | Maintains | |
| 2020-11-10 | Prabhudas Lilladhar | Buy | Maintains | |
| 2020-08-14 | Geojit BNP Paribas | Hold | Maintains | |
| 2020-08-11 | SMC online | Results Update | Maintains | |
| 2020-08-10 | Nirmal Bang Institutional | Buy | Maintains | |
| 2020-08-10 | Arihant Capital | Buy | Maintains | |
| 2020-08-09 | ICICI Securities Limited | Buy | Maintains | |
| 2020-08-09 | Prabhudas Lilladher | Buy | Maintains | |
| 2020-08-08 | BOB Capital Markets Ltd. | Sell | Maintains | |
| 2020-08-08 | Motilal Oswal | Buy | Maintains | |
| 2020-07-20 | Motilal Oswal | Buy | Maintains | |
| 2020-06-18 | Geojit BNP Paribas | Hold | Maintains | |
| 2020-06-15 | ICICI Securities Limited | Buy | Maintains | |
| 2020-06-15 | Nirmal Bang Institutional | Accumulate | Maintains | |
| 2020-06-14 | Prabhudas Lilladhar | Hold | Maintains | |
| 2020-06-13 | Motilal Oswal | Buy | Maintains | |
| 2020-06-12 | Sharekhan | Buy | Maintains | |
| 2020-06-02 | Motilal Oswal | Buy | Maintains | |
| 2020-05-04 | ICICI Securities Limited | Buy | Maintains | |
| 2020-05-04 | ICICIdirect.com | Buy | Maintains | |
| 2020-02-12 | SMC online | Results Update | Maintains | |
| 2020-02-12 | Nirmal Bang Institutional | Buy | Maintains | |
| 2020-02-12 | HDFC Securities | Neutral | Maintains | |
| 2020-02-12 | Prabhudas Lilladher | Hold | Maintains | |
| 2020-02-11 | BOB Capital Markets Ltd. | Buy | Maintains | |
| 2020-02-11 | Prabhudas Lilladhar | Hold | Maintains | |
| 2020-02-11 | ICICI Securities Limited | Buy | Maintains | |
| 2020-02-11 | Hem Securities | Sell | Maintains | |
| 2019-12-23 | Edelweiss | Buy | Maintains | |
| 2019-12-20 | Geojit BNP Paribas | Hold | Maintains | |
| 2019-12-05 | HDFC Securities | Neutral | Maintains | |
| 2019-11-11 | Karvy Stock Broking | Buy | Maintains | |
| 2019-11-08 | Prabhudas Lilladher | Hold | Maintains | |
| 2019-10-17 | Religare | Buy | Maintains | |
| 2019-10-03 | ICICIdirect.com | Buy | Maintains | |
| 2019-10-03 | Edelweiss | Buy | Maintains | |
| 2019-09-12 | Geojit Financial Services | Hold | Maintains | |
| 2019-08-09 | Angel Broking | Buy | Maintains | |
| 2019-08-08 | Karvy Stock Broking | Buy | Maintains | |
| 2019-08-08 | Nirmal Bang | Buy | Maintains | |
| 2019-08-08 | ICICIdirect.com | Hold | Maintains | |
| 2019-06-03 | Karvy Stock Broking | Buy | Maintains | |
| 2019-05-30 | Reliance Securities | Buy | Maintains | |
| 2019-05-30 | Prabhudas Lilladher | Buy | Maintains | |
| 2019-04-15 | Motilal Oswal | Buy | Maintains | |
| 2019-03-25 | Edelweiss | Buy | Maintains | |
| 2019-02-15 | Angel Broking | Buy | Maintains | |
| 2019-02-12 | Karvy Stock Broking | Buy | Maintains | |
| 2019-02-12 | Way2Wealth | Buy | Maintains | |
| 2019-02-11 | Motilal Oswal | Buy | Maintains | |
| 2019-02-11 | Prabhudas Lilladher | Buy | Maintains | |
| 2019-02-11 | Reliance Securities | Buy | Maintains | |
| 2018-11-29 | Indiabulls Ventures | Buy | Maintains | |
| 2018-11-28 | Edelweiss | Buy | Maintains | |
| 2018-11-14 | Prabhudas Lilladher | Buy | Maintains | |
| 2018-11-14 | Motilal Oswal | Buy | Maintains |
