BazaarBaazi

Stock · MM · Automobile and Auto Components

MM share price target 2026

Support, resistance, the F&O structure and the BazaarBaazi Crack Score for Mahindra and Mahindra Limited, refreshed every end-of-day run. A systematic, data-only read on Mahindra and Mahindra Limited: where it trades versus its 50-day and 200-day lines, the live 52-week range, and momentum, refreshed from the scanner's real price series each run.

The verdict

BazaarBaazi reads MM as two-way with a Crack Score of 65/100 as of 21 Jul 2026.
Crack Score
65/ 100
Constructive

BazaarBaaziSource & method

The scanner's readScanned · scanned 21 Jul 2026

Where MM stands on the 500-name BazaarBaazi setup scanner: technicals, filed fundamentals and money flow read together, refreshed every run.

Scanned84 /100 setup score

Scanned and scored this run, but the evidence is incomplete or conflicted. The engine fails closed to NO_TRADE.

Technical axis

87/100

Fundamental axis

100/100

Money flow

43/100

Result pulse · Q4 FY26

95/100

Technical evidence

ATR contracting (volatility dry-up)

holding above 50DMA

above 200DMA

tight Bollinger band (0.0658)

relative strength rising vs NIFTY

RS slope +6.1% (3m)

outperforming and above 50DMA

Fundamental evidence

net profit +48.51% YoY

Red flags

above 200DMA (not a confirmed short-side trend)

profit growth strong (+48.51% YoY)

strong filed result (score 95.0)

Relative valuation

P/E (TTM)

20.9

P/E vs sector

+0.5%

Sector percentile

23

PEG

0.43

Scanner levels from the deterministic engine run of 2026-07-21, not a SEBI-registered recommendation and not investment advice. The fundamental axis reads the official filing: Q4 FY26 result.

Open the full 500-name Setup Scan.

Price target: support and resistanceComputed 21 Jul 2026

Support and resistance for MM are read inside the latest show; no spot was printed in the most recent editorial note.

Levels are read inside the latest show. The most recent editorial reference is Systematic Read on 21 Jul 2026.

These are structural reference lines, not a SEBI-registered price target. BazaarBaazi is independent media; the levels frame how the desk reads the MM chart, refreshed every end-of-day run.

The Crack Score, and how it is built65 / 100 · Constructive

The Crack Score is a deterministic 0 to 100 conviction number. Here is exactly what moved it for MM, so the figure is a transparent signal rather than a vibe.

Editorial stanceLatest signed stance is mixed.-4
History consistency4 of the last 6 published verdicts held the same stance.+5
Structure qualityNo clean spot was printed in the latest note; levels are read inside the show.0
FreshnessThe desk reviewed today.+8
Conviction horizonThe latest read is framed on a swing horizon.+6

Base 50, adjusted by the factors above and clamped to 0 to 100. How the Crack Score works.

About Mahindra and Mahindra LimitedBusiness profile

What MM actually does, and the edge that holds its position.

Mahindra is the rare name that wins on the two ends of India at once, the aspirational SUV buyer and the farmer, and that pairing is what makes the stock unusual. It dominates the mid-to-large UV segment through Scorpio, XUV700 and Thar, and is India's largest tractor brand by volume through Mahindra Tractors. The group also carries a sprawling set of subsidiaries across financial services, IT, real estate and auto components, most separately listed, so the listed parent is really a UV-plus-tractor bet with a holding-company tail.

Mahindra's moat in the UV space is brand ruggedness and off-road credibility built over decades, translated into pricing power in the lifestyle SUV segment. In tractors, its rural distribution and farm-financing ecosystem through Mahindra Finance gives it sticky reach in markets where trust and credit access matter as much as the product.

The F&O viewHorizon · swing

How the futures and options structure on MM reads right now.

Editorial directionMixed
Horizonswing

The editorial price read on MM is mixed. Strike-level option inventory is unavailable, so the page withholds writer, wall and pin claims. Single-stock F&O on MM can be thinner than index F&O, so the desk weights price and filed evidence over raw OI. This is not a derivatives trade recommendation.

Why it movedLatest editorial line

The most recent BazaarBaazi read on what is driving MM.

Systematic read: a disclosed, data-only model on real 1-year price structure.

Read in Systematic Read on 21 Jul 2026. Why MM moved, the living explainer, tracks every move on one URL.

The 2026 to 2030 pictureStructural read

What genuinely drives MM over a multi-year horizon. A structural read, not a price forecast.

From 2026 to 2030, the key driver is sustained UV segment momentum as India's preference for SUVs deepens, alongside M&M's own electric SUV lineup scaling under the BE and XEV platforms. The tractor segment is exposed to rural income cycles and monsoon variability, which creates earnings lumpiness. The key risk is that the EV transition in the UV segment invites better-capitalised global rivals into M&M's home turf. What BazaarBaazi thinks: M&M has earned its SUV momentum and the tractor franchise is a genuine moat, but the lumpiness no score smooths out is the monsoon, one bad rural year and the tractor leg of the story stalls regardless of how strong the SUV order book looks.

What to watch:

Peers and how to compare4 listed names

The listed names MM is most often read against. Compare them on the same Crack Score and levels.

Maruti Suzuki India · MARUTI

Listed peer in the same space

Tata Motors · TATAMOTORS

Read the TATAMOTORS verdict and levels

Hyundai Motor India

Listed peer in the same space

Eicher Motors · EICHERMOT

Read the EICHERMOT verdict and levels

Live valuation readQ4 FY26 earnings · live spot

P/E, P/B, yield and the quality set for Mahindra and Mahindra Limited, computed from the latest filed results times the live spot. The price-driven ratios (marked) refresh every session; ROE and margins hold until the next results.

P / E

21.0x

Earnings yield

4.76%

P / B

3.84x

P / S

1.91x

EV / EBITDA

12.5x

Dividend yield

1.03%

Market cap

Rs 3.84 lakh cr

Enterprise value

Rs 4.70 lakh cr

Stored from Mahindra and Mahindra Limited's filed results, as of 2026-07-21 and currency-checked. Price input Rs 3,201.70 from baked EOD spot. Open the calculator, move the price and watch every ratio react.

Latest filed resultsQ4 FY26

Mahindra and Mahindra Limited's most recent quarter, parsed straight from the official NSE filing. Every figure links back to its primary source.

Q4 FY26 · ended 31 Mar 2026Consolidated, audited · filed with NSE on 5 May 2026

Result Pulse

95 / 100

Revenue

Rs 54,982 cr

Net profit

Rs 5,260 cr

EPS (quarter)

Rs 41.77
GrowthYoYQoQ
Revenue+29.1%+5.5%
Net profit+48.5%+4.8%
Net margin+9.6%
What BazaarBaazi readsProfit acceleration
SourceOfficial NSE filing (XBRL)

Figures are the Q4 FY26 result for Mahindra and Mahindra Limited, parsed straight from the official NSE integrated filing and verified to the paisa. The EPS shown is for the quarter, not a trailing-twelve-month figure, so it is not a P/E input.

See every Q4 result the desk has read.

Earnings history, every filed quarter32 quarters on record

Mahindra and Mahindra Limited's official quarterly revenue, EPS and Result Pulse trail, every quarter the desk holds from the verified filings export, back to 30 Jun 2018. These are quarterly facts, not TTM valuation inputs.

M&M official result trail

32 quarters

Quarterly figures only: revenue, net profit and EPS are copied from official filings. EPS here is not trailing twelve month EPS and is not used for valuation.

QuarterRevenueEPSPAT YoYPulseSource
Q4 FY26ended 31 Mar 2026 / Consolidated, auditedRs 54,982 crRs 41.77n/an/aFiling
Q3 FY26ended 31 Dec 2025 / Consolidated, auditedRs 52,100 crRs 41.85n/a60/100Filing
Q2 FY26ended 30 Sep 2025 / Consolidated, auditedRs 46,106 crRs 32.90n/a50/100Filing
Q1 FY26ended 30 Jun 2025 / Consolidated, auditedRs 45,529 crRs 36.58n/a50/100Filing
Q4 FY25ended 31 Mar 2025 / Consolidated, auditedRs 42,599 crRs 29.52n/a50/100Filing
Q3 FY25ended 31 Dec 2024 / Consolidated, auditedRs 41,470 crRs 28.51n/an/aFiling
Q2 FY25ended 30 Sep 2024 / Consolidated, auditedRs 37,924 crRs 28.43n/an/aFiling
Q1 FY25ended 30 Jun 2024 / Consolidated, auditedRs 37,218 crRs 29.44n/an/aFiling
Q4 FY24ended 31 Mar 2024 / Consolidated, auditedRs 35,452 crRs 24.71n/an/aFiling
Q3 FY24ended 31 Dec 2023 / Consolidated, auditedRs 35,299 crRs 23.86n/an/aFiling
Q2 FY24ended 30 Sep 2023 / Consolidated, auditedRs 34,436 crRs 21.07n/an/aFiling
Q1 FY24ended 30 Jun 2023 / Consolidated, auditedRs 33,892 crRs 31.50n/an/aFiling
Q4 FY23ended 31 Mar 2023 / Consolidated, auditedRs 32,366 crRs 23.68n/an/aFiling
Q3 FY23ended 31 Dec 2022 / Consolidated, auditedRs 30,620 crRs 24.05n/an/aFiling
Q2 FY23ended 30 Sep 2022 / Consolidated, auditedRs 29,870 crRs 24.93n/an/aFiling
Q1 FY23ended 30 Jun 2022 / Consolidated, auditedRs 28,412 crRs 19.74n/an/aFiling
Q4 FY22ended 31 Mar 2022 / Consolidated, auditedRs 25,934 crRs 20.13n/an/aFiling
Q3 FY22ended 31 Dec 2021 / Consolidated, auditedRs 23,594 crRs 17.89n/an/aFiling
Q2 FY22ended 30 Sep 2021 / Consolidated, auditedRs 21,470 crRs 17.35n/an/aFiling
Q1 FY22ended 30 Jun 2021 / Consolidated, auditedRs 19,172 crRs 3.82n/an/aFiling
Q4 FY21ended 31 Mar 2021 / Consolidated, auditedRs 21,456 crRs 9.64n/an/aFiling
Q3 FY21ended 31 Dec 2020 / Consolidated, auditedRs 21,626 crRs 6.35n/an/aFiling
Q2 FY21ended 30 Sep 2020 / Consolidated, auditedRs 23,567 crRs 1.22n/an/aFiling
Q1 FY21ended 30 Jun 2020 / Consolidated, auditedRs 16,321 crRs -0.88n/an/aFiling
Q4 FY20ended 31 Mar 2020 / Consolidated, auditedRs 20,182 crRs -12.04n/an/aFiling
Q3 FY20ended 31 Dec 2019 / Consolidated, auditedRs 25,020 crRs 1.80n/an/aFiling
Q2 FY20ended 30 Sep 2019 / Consolidated, auditedRs 23,936 crRs 3.14n/an/aFiling
Q1 FY20ended 30 Jun 2019 / Consolidated, auditedRs 26,041 crRs 8.25n/an/aFiling
Q4 FY19ended 31 Mar 2019 / Standalone, auditedRs 14,035 crRs 7.13n/an/aFiling
Q3 FY19ended 31 Dec 2018 / Standalone, auditedRs 13,070 crRs 9.04n/an/aFiling
Q2 FY19ended 30 Sep 2018 / Standalone, auditedRs 12,989 crRs 13.86n/an/aFiling
Q1 FY19ended 30 Jun 2018 / Standalone, auditedRs 13,520 crRs 10.26n/an/aFiling

Open the covered-name earnings calendar.

The official financialsFiled to 31 Mar 2026

Mahindra and Mahindra Limited's statements as filed: trailing twelve month P&L, the balance sheet, and the cash engine. Parsed from official XBRL, shown in crore.

Trailing twelve months, on filed quarters

Revenue (TTM)

1,98,639 cr

Net profit (TTM)

18,622 cr

EBIT (TTM)

32,811 cr

Profit before tax (TTM)

23,220 cr

Net margin (TTM)

9.4%

Finance costs (TTM)

9,591 cr

Balance sheet, as filed 2026-03-31

Total assets

3,17,635 cr

Shareholder equity

1,09,491 cr

Total borrowings

1,29,615 cr

Cash and equivalents

4,292 cr

Inventory

22,044 cr

Trade receivables

9,064 cr

The cash engine, latest filed year

Operating cash flow

11,657 cr

Capex

9,605 cr

Free cash flow

2,052 cr

Investing flow

-17,794 cr

Financing flow

5,391 cr

Annual trail, filed year over filed year

YearRevenueNet profitEquityBorrowingsCFO
FY261,98,639 cr18,622 cr1,09,491 cr1,29,615 cr11,657 cr
FY251,59,211 cr14,073 cr89,098 cr1,21,173 cr3,176 cr
FY241,39,078 cr12,270 cr77,509 cr1,03,203 cr-5,630 cr
FY231,21,269 cr11,374 cr67,082 cr92,247 cr-7,074 cr
FY2290,171 cr7,253 cr56,825 cr77,605 cr9,248 cr
FY2174,278 cr1,512 cr50,652 cr59,553 crn/a

Every figure is parsed from Mahindra and Mahindra Limited's official NSE XBRL filings by the BazaarBaazi earnings lab and shown in crore rupees. Display data, not a valuation model input.

Management on record14 earnings calls

Every MM earnings call BazaarBaazi has indexed, latest 31 May 2026. Read management in its own words, straight from the filed transcript.

Mahindra and Mahindra Limited earnings calls on record

14 calls since 28 Feb 2023

31 May 2026Quarter ended Q4FY26Transcript PDF
28 Feb 2026Earnings callTranscript PDF
30 Nov 2025Earnings callTranscript PDF
31 Aug 2025Quarter ended Q1FY26Transcript PDF
31 May 2025Quarter ended Q4FY25Transcript PDF
31 May 2025Quarter ended Q4FY25Transcript PDF
28 Feb 2025Earnings callTranscript PDF
31 Aug 2024Quarter ended Q1FY25Transcript PDF
Show 6 older calls
31 May 2024Quarter ended Q4FY24Transcript PDF
29 Feb 2024Earnings callTranscript PDF
30 Nov 2023Earnings callTranscript PDF
31 Aug 2023Quarter ended Q1FY24Transcript PDF
30 Jun 2023Earnings callTranscript PDF
28 Feb 2023Earnings callTranscript PDF

Each entry links to the transcript PDF the company filed with the exchange. Primary sources, in management's own words.

What changed102 disclosures

Every recent official filing from Mahindra and Mahindra Limited, straight from the exchange feed, with the BazaarBaazi Event Heat on the disclosure flow.

Mahindra and Mahindra Limited has filed 102 official disclosures recently. The most recent is a Regulatory dated 13 Jul 2026.

Event Heat

63 / 100
13 Jul 2026
RegulatoryWatch

Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the period from 1st April 2026 to 30th June 2026.

Filing
13 Jul 2026
Press releaseWatch

Transfer of Equity Shares by Mahindra & Mahindra Employees Stock Option Trust to the Stock Option Grantees

Filing
13 Jul 2026
Press releaseWatch

Newspaper Publication regarding notice of loss of Share Certificate(s).

Filing
13 Jul 2026
DisclosureWatch

Copy of Newspaper Publication about Saksham Niveshak Campaign and Special Window for re-lodgement of transfer request of physical shares

Filing
10 Jul 2026
Investor meetRoutine

Schedule of Meet

Filing
09 Jul 2026
Press releaseWatch

Production, Sales and Export figures for the month of June 2026

Filing
06 Jul 2026
M&AWatch

Anand Mahindra has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Filing
05 Jul 2026
AGM / EGMRoutine

Newspaper Publication of Notice of the 80th Annual General Meeting and Remote e-voting information

Filing
Event Heat63 / 100 · Tilting up

Event Heat is a dated net read of Mahindra and Mahindra Limited's last 90 days of official disclosures, balancing the constructive filings against the ones to watch. It is a signal from what the company has filed, not investment advice. Every line above links to its official exchange filing, and the full market desk is at the disclosures hub.

See what changed across the whole market.

Key fundamentalsEditorial reference

The anchor data BazaarBaazi references when reading the MM chart. Not a substitute for a registered research note.

TickerMM
Full nameMahindra and Mahindra Limited
SectorAutomobile and Auto Components
Index classLARGE CAP
ISININE101A01026
Market-cap band~4.0 lakh cr (indicative)
Last referenced levelInside latest show
Last session moveNot referenced this cycle
Editorial line inSystematic Read on 21 Jul 2026
Aliases trackedMM, M&M

Reference chart15 Dec 2025

The daily frame the desk reads on MM.

MM daily price chart, BazaarBaazi reference frame, 15 Dec 2025
Reference frame, 15 Dec 2025. Levels are read inside the latest show.

FAQ16 reader questions · AEO-eligible

The line on MM, distilled and schema-marked for AI Overview, Perplexity, and reader search.

What is the MM share price target for 2026?

BazaarBaazi does not publish a SEBI-registered price target on MM. The desk reads structural support and resistance inside each show against the printed spot; the most recent editorial line is Systematic Read on 21 Jul 2026.

What is BazaarBaazi's Crack Score for MM?

The BazaarBaazi Crack Score for MM is 65 out of 100 as of 21 Jul 2026, a constructive reading. It is a computed conviction number from the signed stance, how consistent the recent verdicts have been, the quality of the printed structure, and how fresh the review is. It is a transparency signal, not investment advice.

What is the F&O view on MM?

Strike-level option inventory for MM is unavailable, so BazaarBaazi withholds participant, direction and positioning claims. The editorial chart stance is not substituted for an option-chain observation.

What sector is MM in and which peers does BazaarBaazi track?

MM sits in Automobile and Auto Components (large cap), indicative market cap ~4.0 lakh cr (indicative), ISIN INE101A01026. The peers BazaarBaazi reads alongside it are ATHER ENERGY LIMITED, SONA BLW PRECISION FORGINGS LIMITED, Endurance Technologies Limited. A systematic, data-only read on Mahindra and Mahindra Limited: where it trades versus its 50-day and 200-day lines, the live 52-week range, and momentum, refreshed from the scanner's real price series each run.

How often is the MM view updated?

This page is one evergreen URL refreshed in place. The Crack Score and levels re-compute on every BazaarBaazi end-of-day run, and the dated stamp shows the last refresh. The latest signed verdict on MM is mixed, published in Systematic Read on 21 Jul 2026.

Is Mahindra and Mahindra a good long-term stock?

The structural case rests on India's durable shift toward SUVs and the rural income story that drives tractors, but the risk no score captures is monsoon-driven rural cyclicality that can swing the tractor half of earnings independent of how the UVs are selling. BazaarBaazi publishes a dated Crack Score for MM that captures the current technical and thematic setup. The long-term view depends on how the EV transition and rural cycles play out.

Mahindra share price target 2030?

What would lift MM through 2030 is UV volume leadership and EV platform success riding a multi-year rural income recovery, with the unmodellable catch that the same EV shift could invite better-funded global rivals straight into M&M's home turf. BazaarBaazi does not publish fixed multi-year price targets. Check the live Crack Score for the dated structural read.

Why is Mahindra share falling?

Weakness in MM usually traces to the three triggers the desk tracks, a UV volume disappointment, a poor monsoon flagging tractor-demand headwinds, or EV launch delays against competitor timelines. The Crack Score levels give the current technical context.

Is MM a qualifying setup on the BazaarBaazi scanner right now?

On the 2026-07-21 run of the 500-name BazaarBaazi setup scanner, Mahindra and Mahindra Limited sits in the Scanned tier with a setup score of 84/100 (technical 87, fundamental 100). The scanner is a deterministic engine over real OHLCV and official filings, refreshed nightly, and it is a signal rather than investment advice.

Where can I read Mahindra and Mahindra Limited's earnings call transcripts?

BazaarBaazi indexes 14 MM earnings calls going back to 2023-02-28, latest 2026-05-31. Every entry on this page links straight to the transcript PDF the company filed with the exchange, so you read management in the primary source.

What was Mahindra and Mahindra Limited's Q4 FY26 net profit?

Mahindra and Mahindra Limited reported a net profit of Rs 5,260 cr for Q4 FY26 (the quarter ended 31 March 2026). That is +48.5% year on year. The figure is from the company's official NSE filing.

What was Mahindra and Mahindra Limited's Q4 FY26 revenue?

Mahindra and Mahindra Limited reported revenue of Rs 54,982 cr for Q4 FY26. That is +29.1% year on year. The figure is from the company's official NSE filing.

How does BazaarBaazi rate Mahindra and Mahindra Limited's Q4 FY26 result?

BazaarBaazi gives Mahindra and Mahindra Limited's Q4 FY26 result a Result Pulse of 95 out of 100, with a verdict of Profit acceleration. The Result Pulse is a BazaarBaazi editorial score for the quality of the filed result, not investment advice.

What has Mahindra and Mahindra Ltd announced recently?

Mahindra and Mahindra Ltd's two most material recent disclosures are a regulatory dated 13 Jul 2026, "Certificate under Regulation 74(5) of SEBI (Depositories…", and a press release dated 13 Jul 2026, "Transfer of Equity Shares by Mahindra & Mahindra…". Both link to the company's own official filing on the BazaarBaazi stock page.

Has Mahindra and Mahindra Ltd declared a dividend recently?

Yes. Mahindra and Mahindra Ltd filed a dividend disclosure on 03 Jul 2026, filed as "Dividend - Rs 33 Per Share". Any amount shown is the exchange's own record, linked from the BazaarBaazi stock page. A dividend is a declared payout, not a forecast of future returns.

What did Mahindra and Mahindra Ltd's latest board meeting cover?

Mahindra and Mahindra Ltd's most recent board-meeting disclosure on record dated 05 May 2026 reads "Board Meeting to be held on 05-May-2026 to consider and approve the…". That is the agenda as filed with the exchange, linked from the BazaarBaazi stock page, and BazaarBaazi adds no claim of its own to it.

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