Mahindra & Mahindra stock | 2026 forecast, price target & growth

Mahindra & Mahindra

NSEI:M&M

Rp 2.954,70

Rp0,00 (0,00%)

2.954,70 Rp

Rp0,00 (0,00%)

End-of-day quote: 04/01/2026

Mahindra & Mahindra Stock Value

The analyst rating for NSEI:M&M is currently Buy.

Buy

Mahindra & Mahindra Company Info

EPS Growth 5Y

39,99%

Market Cap

Rp3.298,37 B

Long-Term Debt

Rp837,83 B

Annual earnings

05/05/2026 (E)

Dividend

Rp25,41

Dividend Yield

0,86%

Founded

1945

Industry

Consumer Discretionary

Country

India

Website

Mahindra & Mahindra

ISIN Number

INE101A01026

Website

http://www.mahindra.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Rp4.324,00

46.34%

Last Update: 04/02/2026

Analysts: 34

Highest Price Target Rp4.767,00

Average Price Target Rp4.324,00

Lowest Price Target Rp3.900,00

In the last five quarters, Mahindra & Mahindra’s Price Target has risen from Rp1.827,08 to Rp2.432,03 - a 33,11% increase. Thirty One analysts predict that Mahindra & Mahindra’s share price will increase in the coming year, reaching Rp4.324,00. This would represent an increase of 46,34%.

Top growth stocks in the consumer discretionary sector (5Y.)

What does Mahindra & Mahindra do?

Mahindra & Mahindra Limited provides mobility products and farm solutions. The company is recognized for its leadership in several sectors including farm equipment, utility vehicles, information technology, and financial services. Business Segments The company operates through multiple business segments that encompass a diverse range of products and services. The automotive segment, being one of the most significant, includes the manufacturing and sales of a wide range of vehicles encompassing...

Business Segments

The company operates through multiple business segments that encompass a diverse range of products and services. The automotive segment, being one of the most significant, includes the manufacturing and sales of a wide range of vehicles encompassing passenger and commercial vehicles. With an expansive portfolio, the company continuously invests in electric vehicle (EV) technologies, contributing to the shift towards greener transportation.

The agricultural segment highlights the company's extensive engagement in farming equipment, where it offers a suite of tractors, implements, and related agricultural services. This division is pivotal as it supports farmers with innovative solutions aims at enhancing productivity and sustainability in agriculture.

The information technology segment plays a crucial role in supporting the company’s operational efficiency through IT services, systems, and solutions. It aids the broader business objectives by optimizing operations and enhancing customer experiences.

In addition to these, the financial services segment provides a range of financial products including loans and insurance, catering to both individual and business clients, thus facilitating the ownership of vehicles and productivity-enhancing technologies in agriculture.

An essential component of the company’s offerings is its renewable energy segment. The company has made significant investments in solar and wind power projects, showing a strong commitment towards sustainability. This includes projects aims at generating renewable energy solutions for commercial and industrial customers, contributing to the company's overall vision of enhancing sustainability and reducing carbon footprint.

The company is also venturing into hybrid renewable energy projects, reinforcing its leadership position in the renewable energy sector. With a focus on innovative engineering and sustainable practices, Mahindra Susten (the company's renewable energy platform) aims to revolutionize energy provision and utilization across various sectors.

Business Strategy

The business strategy of the company concentrates on maintaining leadership in its primary sectors while expanding into new areas that promote sustainable development. This ambitious goal is realized through various initiatives that emphasize renewable energy investments, demonstrating an environmentally conscious approach towards business processes.

The strategy also places significant emphasis on technological innovation, enabling the company to stay competitive in the rapidly evolving sectors it operates in. By investing in electric vehicles and hybrid technology, the company responding to market demands and is also paving the way for more sustainable transportation options, aligning with global trends towards reducing dependency on fossil fuels.

In addition to technological advancements, the company's strategy incorporates geographical expansion across emerging markets, thereby diversifying its customer base.

Products and Services

The company offers a wide array of products and services catering to diverse consumer needs across various sectors. In the automotive domain, the company manufactures passenger cars, utility vehicles, commercial vehicles, and electric vehicles, incorporating cutting-edge technology to enhance performance and safety. These vehicles are designed with a focus on durability and efficiency, appealing to a spectrum of customers from individual consumers to businesses.

In the agricultural sector, the company provides an extensive selection of tractors and farm implements equipped with modern technology aims at improving farming efficiency. Alongside the machinery, agricultural service offerings include training programs and agricultural advisory services to support farmers in optimizing crop yields.

In terms of renewable energy, Mahindra Susten oversees the company’s initiatives in solar and wind energy production. The company develops and maintains renewable energy projects aims at delivering clean power to various sectors, fostering ecological balance and promoting energy independence.

Additionally, the company offers financial services such as vehicle financing, insurance products, and investment services, ensuring comprehensive support for its customers in acquiring and managing their investments effectively.

Geographical Markets Served

The company serves a global market with a strong presence in India, while also extending its footprint into several international territories across Africa, Southeast Asia, and South America.

Seasonality

The company experiences seasonality in its sales, particularly in the automotive and agricultural segments. Agricultural equipment sales typically peak during the pre-harvest and harvesting seasons, aligning with farmers' needs for productive farming tools. Similarly, vehicle sales can fluctuate based on economic conditions and consumer demand, particularly during festive seasons when there tends to be increased purchasing activity.

Customers

The company serves a broad customer base across its numerous sectors, catering to individuals, businesses, and governments. Specific categories include individual consumers purchasing vehicles, farmers investing in agricultural equipment, and enterprises seeking financial solutions or renewable energy.

Sales and Marketing

The company employs a multifaceted marketing strategy to reach diverse customer segments effectively. The company utilizes both traditional and digital marketing strategies to promote its products and services. This encompasses direct sales channels through dealerships, online platforms, advertising campaigns, and participation in industry exhibitions.

Through its marketing approach, the company aims to create brand awareness, educate potential customers about product offerings, and foster strong customer relationships that encourage repeat business and brand loyalty.

History

Mahindra & Mahindra Limited was founded in 1945. The company was incorporated in 1945.

Mahindra & Mahindra Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by sectors:** - Automotive sector: approx. 55% - Agricultural machinery: approx. 30% - IT and services: approx. 10% - Others (e.g. financial services, real estate): approx. 5% **TOP 3 markets:** - India: approx. 65% - North America: approx. 15% - Europe: approx. 10% Mahindra...

At which locations are the company’s products manufactured?

**Production sites of Mahindra & Mahindra Limited:** 1. **India:** Mahindra & Mahindra has several production facilities in India, including in Mumbai, Nashik, Pune, and Haridwar. These locations are known for the manufacturing of automobiles, tractors, and other vehicles. 2. **USA:** The...

What strategy does Mahindra & Mahindra pursue for future growth?

**Revenue Growth:** 18% (2024) Mahindra & Mahindra Limited pursues a strategy aimed at diversification and innovation to secure future growth. The company has focused heavily on electrifying its vehicle fleet and plans to significantly expand its presence in the electric vehicle segment. Anoth...

Which raw materials are imported and from which countries?

**Main Imported Raw Materials:** Steel, Aluminum, Electronic Components **Countries of Origin:** - **Steel:** China, Japan - **Aluminum:** Australia, United Arab Emirates - **Electronic Components:** Taiwan, South Korea Mahindra & Mahindra Limited, as a leading Indian automotive and tractor ma...

How strong is the company’s competitive advantage?

**Market share in the automotive sector India:** 18% (2024) **Revenue growth in the last year:** 10% (2024) **R&D investments:** 5% of revenue (2024) Mahindra & Mahindra Limited has a significant competitive advantage in the Indian automotive market, especially in the commercial vehic...

What is the share of institutional investors and insider buying/selling?

**Institutional investor share:** approx. 30% (estimated for 2025) **Insider purchases/sales:** No significant transactions in the last year (estimated for 2025) The institutional investor share in Mahindra & Mahindra Limited is estimated to be around 30%. This figure is based on historical d...

What percentage market share does Mahindra & Mahindra have?

**Market share of Mahindra & Mahindra Limited (M&M):** 15% (estimated for 2025) **Main competitors and their market shares:** 1. **Maruti Suzuki:** 40% 2. **Hyundai Motor India:** 18% 3. **Tata Motors:** 17% 4. **Mahindra & Mahindra:** 15% 5. **Honda Cars India:** 5% 6. **Toyota Kirlosk...

Is Mahindra & Mahindra stock currently a good investment?

**Revenue growth (estimated):** 10% (2025) **Profit growth (estimated):** 8% (2025) **Market share in the automotive sector (India):** 15% (2024) Mahindra & Mahindra Limited has experienced solid revenue growth of around 10% in recent years, driven by strong demand in the automotive and agricul...

Does Mahindra & Mahindra pay a dividend – and how reliable is the payout?

**Dividend yield:** 1.8% (estimated for 2025) **Dividend history:** Regular annual payouts in the last five years Mahindra & Mahindra Limited has regularly distributed dividends to its shareholders in recent years. The dividend yield is currently around 1.8%, which can be considered moderate...

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Mahindra & Mahindra Stock Value

Mahindra & Mahindra Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the consumer discretionary sector (5Y.)

What does Mahindra & Mahindra do?

Mahindra & Mahindra Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Mahindra & Mahindra Stock Value

Mahindra & Mahindra Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the consumer discretionary sector (5Y.)

What does Mahindra & Mahindra do?

Mahindra & Mahindra Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.