Asia300

Mahindra & Mahindra Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
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  • 5y
Jul 21, 2017
Prev close: 1,383.05
Jul 21, 2017
Market cap:
Market cap(USD):
859,002M
13,353.3M
Shares: 621.09M

Currency in INR

Company profile

Market(Ticker): BOM(500520)
Sector:
Industry:
Consumer Durables
Motor Vehicles
Full time employees: 20,366

Business summary

Mahindra & Mahindra Ltd. is a holding company, which engages in manufacturing automotive vehicles. It operates through the following segments: Automotive, Farm Equipment, and Others. The Automotive segment comprises of sale of automobiles, spare parts, and related services. The Farm Equipment segment involves in the sale of tractor and spare parts. The Others segment includes agri, construction equipment, powerol, and spares business unit. The company was founded by Jagdish Chandra Mahindra, Kailash Chandra Mahindra, and Ghulam Mohammed on October 2, 1945 and is headquartered in Mumbai, India.

Company background

Mahindra & Mahindra is a core unit of conglomerate Mahindra Group. A major producer of sport utility vehicles, trucks and farm tractors, the company is active in the domestic and international markets.
The conglomerate was founded in 1945 as a steel trading company. It was established by Jagdish Chandra Mahindra, his brother Kailash Chandra Mahindra, partner Ghulam Mohammed and the city now known as Mumbai. J.C. Mahindra was the grandfather of Anand Mahindra, the current chairman.
After India won independence from Britain in 1947, Mohammed entered politics in Pakistan, leaving the management of the company to the Mahindra brothers. The company then began building four-wheel-drive vehicles and, on the strength of the auto business, gradually expanded its empire.
Anand Mahindra studied at Harvard Business School in the U.S. before going to work for a group company. In 1991, he joined the Mahindra & Mahindra management team. He became president in 1997.
The company scored hits with its SUVs in the 2000s, helping to cement its presence in the passenger car business. In 2010, it took over South Korean automaker Ssangyong Motor. It also acquired domestic startups and became the first Indian company to market electric vehicles.
Mahindra Group is also engaged in the agricultural, financial services and Information Technology services sectors. The founding family and group companies own more than 20% of Mahindra & Mahindra.

In the news

Financial highlights

Mar 2017

  • Local currency
  • US Dollar
Revenue 831,506.6M
Gross profit 197,629.6M
Operating income 81,924.2M
Income before tax 54,508.6M
Net income 36,980.4M
EBITDA 110,015.3M
Diluted EPS 67.95
Dividends per share 13
Total assets 1,148.25B
Total liabilities 787,307.2M
Total equity 297,144.7M
Operating cash flow 3,779.7M

Currency in INR

Revenue 12,399.98M
Gross profit 2,947.18M
Operating income 1,221.70M
Income before tax 812.86M
Net income 551.47M
EBITDA 1,640.62M
Diluted EPS 1.01
Dividends per share 0.19
Total assets 17,683.16M
Total liabilities 12,124.54M
Total equity 4,576.03M
Operating cash flow 56.36M

Currency in USD

Valuation measures

Mar 2017

PER 18.80
ROA 3.43%
ROE 13.16%
Operating margin 9.85%
Profit margin 4.44%

Key executive

  • Managing Director & Executive Director: Pawan Kumar Goenka
  • Chief Financial & Information Officer: Parthasarathy Vankipuram Srinivasa
  • Group CTO & President-Information Technology: Ulhas Narayan Yargop
  • Secretary & Compliance Officer: Narayan Shankar
  • President-Group Mergers & Acquisitions: Subramaniam Durgashankar

Share holders

  • Prudential Management & Services Pvt Ltd.(11.3%)
  • Life Insurance Corp. of India(9.9%)
  • Mahindra & Mahindra Benefit Trust(8.3%)
  • Mahindra & Mahindra Employees Stock Option Trust(4.4%)
  • First State Investment Management (UK) Ltd.(3.5%)
  • ICICI Prudential Life Insurance Co. Ltd. (Invt Port)(2.6%)
  • GIC Pte Ltd. (Investment Management)(2.2%)
  • Capital Research & Management Co. (World Investors)(1.7%)
  • BlackRock Fund Advisors(1.7%)
  • The Vanguard Group, Inc.(1.6%)

Address

  • Website: http://www.mahindra.com
  • Address: Mahindra Towers, Dr. G. M. Bhosale Marg, Mumbai, 400018, India
  • Phone: +91.22.24975074

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