SML Mahindra Limited manufactures commercial vehicles including buses and trucks for passenger and goods transportation. Its business benefits from economic activity, fleet replacement and infrastructure development. Demand for public transport and commercial vehicles provides opportunities. Vehicle cycles, raw-material costs, financing availability, regulatory requirements, technology changes and competition remain important factors.
| Market cap | Sales (TTM) | Net profit (TTM) | P/E | EPS (TTM) | P/B | ROE | ROE previous year | ROCE | Debt / equity | Free cash flow | EV / EBITDA | Beta |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ₹8,850 cr | ₹2,950 cr | ₹156 cr | 56.6 | 108.08 | 17.04 | 35.4% | 36.4% | 31.2% | 0.54 | ₹86 cr | 31.9 | 1.61 |
| Quarter | Sales ₹ cr | Net profit ₹ cr | EPS | EPS YoY | Sales YoY | Net margin |
|---|---|---|---|---|---|---|
| Jun 2026 | 958 | 64 | 43.96 | -5.0% | +13.2% | 6.6% |
| Mar 2026 | 898 | 54 | 37.46 | +2.4% | +16.4% | 6.0% |
| Dec 2025 | 539 | 18 | 12.11 | +3263.9% | +62.5% | 3.2% |
| Sep 2025 | 555 | 21 | 14.55 | -3.4% | +1.0% | 3.8% |
| Jun 2025 | 846 | 67 | 46.27 | +44.3% | +13.4% | 7.9% |
| Mar 2025 | 771 | 53 | 36.60 | +1.3% | +13.5% | 6.9% |
| Dec 2024 | 332 | 0 | 0.36 | -80.7% | -14.1% | 0.2% |
| Sep 2024 | 550 | 22 | 15.06 | +3.4% | +10.2% | 4.0% |
| Check | Result |
|---|---|
| Latest quarter EPS up 25%+ on a year ago | ✗ Fail |
| EPS growth accelerating over 3 quarters | ✗ Fail |
| Sales up 25%+, or sales growth accelerating | ✗ Fail |
| Annual EPS up 25%+ in each of the last 2 years | ✗ Fail |
| Net margin above the same quarter last year | ✗ Fail |
| Method | Checks | Score | Verdict |
|---|---|---|---|
| Turtle | ✗ Close above the prior 55-session high · 6,898.50 ✗ Close above the prior 20-session high · 6,898.50 ✗ Close below the prior 20-session low · 5,750.00 Donchian channel breakout - the Turtle traders' entry. | No signal | |
| Weinstein | Stan Weinstein's stage analysis on the 30-week moving average. | Stage 2 - advancing | |
| Greenblatt | — Earnings yield (EBITDA / EV) · 3.1% — Return on capital (ROCE) · 31.2% Joel Greenblatt's Magic Formula: good businesses at good prices, ranked across all companies. Earnings yield uses EBITDA, as EBIT is not held separately. | 56/100 | Average |
| Graham | ✗ Price at or below the Graham number · Graham number 933.94 ✗ P/E 15 or less · P/E 56.6 ✗ P/B 1.5 or less (or P/E x P/B 22.5 or less) · P/B 17.04 ✗ Current ratio 2 or more · 1.25 — 10 years of positive earnings, 20 of dividends · history not held Benjamin Graham's defensive-investor tests. | 15/100 | Expensive |
| Piotroski | ✓ Profitable (ROA > 0) ✓ Operating cash flow positive ✓ ROA rising ✗ Cash flow above net profit (earnings quality) ✓ Long-term debt / assets falling ✓ Current ratio rising · 1.25 ✓ No new shares issued ✓ Margin rising (net margin) ✓ Asset turnover rising Joseph Piotroski's F-score, FY 2025 -> 2026. | 8/9 | Strong |
| Stock | 1M % | 3M % | 6M % | 1Y % | 3Y % | 5Y % | P/E | P/B | ROE % | ROCE % | ROA % | D/E | EV/EBITDA | ₹ Cr | Sales TTM ₹ Cr | Profit TTM ₹ Cr | EPS | Beta |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SMLMAH this stock | -2.9 | +53.4 | +41.4 | — | — | — | 56.6 | 17.04 | 35.4 | 31.2 | — | 0.54 | 31.9 | 8,850 | 2,950 | 156 | 108.1 | 1.61 |
| TVSHLTD | -12.6 | +3650.9 | +3531.9 | +3564.5 | +9357.3 | — | 540.4 | 164.75 | 30.4 | — | 2.87 | 5.59 | — | 10.65L | 62,488 | 3,888 | 20.7 | -12.81 |
| WHEELS | +12.1 | +66.9 | +127.1 | +167.8 | +214.8 | +224.1 | 36.5 | 5.72 | 16.1 | 18.8 | — | 0.66 | 15.3 | 5,959 | 5,690 | 166 | 66.9 | 0.82 |
| MENONBE | -14.9 | +28.6 | +117.5 | +125.2 | +80.2 | +229.2 | 34.4 | 8.15 | 22.2 | 25.6 | — | 0.25 | 24.6 | 1,511 | 318 | 44 | 7.8 | 1.11 |
| ATHERENERG | -11.0 | +12.5 | +64.0 | +110.4 | — | — | — | 21.73 | -33.7 | -21.6 | — | 0.20 | — | 55,894 | — | — | -10.2 | 0.61 |
| LUMAXTECH | -9.5 | +30.7 | +6.0 | +60.8 | +422.0 | +1264.1 | 40.0 | 10.72 | 26.0 | 22.5 | — | 0.83 | 20.8 | 12,970 | 5,208 | 382 | 47.5 | 1.21 |
| BHARATFORG | -8.3 | -18.6 | -3.6 | +44.9 | +64.3 | +127.3 | 121.8 | 9.00 | 11.5 | 12.5 | — | 0.72 | 31.6 | 85,997 | 17,543 | 716 | 14.8 | 1.19 |
| JAYBARMARU | +16.6 | -23.0 | +37.6 | +40.8 | +16.4 | +60.0 | 10.1 | 2.02 | 22.2 | 17.8 | — | 0.63 | 6.1 | 1,403 | 2,621 | 138 | 12.8 | 1.61 |
| RICOAUTO | -11.4 | -16.4 | -0.2 | +35.5 | +27.2 | +149.7 | 50.7 | 2.01 | 6.7 | 8.6 | — | 0.90 | 10.1 | 1,564 | 2,689 | 32 | 2.3 | 1.82 |
| BOSCHLTD | -3.8 | +10.3 | +19.6 | +16.6 | +123.4 | +161.9 | 38.3 | 8.98 | 19.4 | 25.6 | — | 0.00 | 33.0 | 1.33L | 25,877 | 3,479 | 1,179.7 | 1.10 |
| BAJAJ-AUTO | -9.9 | -2.2 | +4.9 | +12.4 | +87.6 | +163.0 | 24.4 | 7.40 | 29.0 | 27.3 | — | 0.57 | 20.4 | 2.88L | 71,460 | 11,553 | 421.1 | 0.93 |