Asia300

Mahindra & Mahindra Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
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  • 5y
Apr 21, 2017
Prev close: 1,259.6
Apr 21, 2017
Market cap:
Market cap(USD):
782,328M
12,112.68M
Shares: 621.09M

Currency in INR

Company profile

Market(Ticker): BOM(500520)
Sector:
Industry:
Consumer Durables
Motor Vehicles
Full time employees: 20,122

Business summary

Mahindra & Mahindra Ltd. engages in manufacturing different range of automotive vehicles, agricultural tractors, implements and industrial engines. The company's products comprises of spectrum of vehicles from two wheelers to heavy trucks, SUVs to school buses. Its services include maintenance and repairs, customization, providing spares, and manufacturing and engineering. The company specializes in consulting on automotive style, engineering, computer-aided engineering, and project management. It also offers concept definition for two wheelers, passenger vehicles, light and heavy trucks. The company manufactures heavy commercial vehicles that are rugged, reliable, environmentally friendly and fuel-efficient. It operates through two segments: Business and Secondary. The Business segment consists of following segments. The Automotive Segment comprises of sales of automobiles, spare parts and related services. The Farm Equipment Segment comprises of sales of tractors, spare parts and related services. The Secondary Segment consist of two segments: Domestic and Overseas. The Domestic segment includes sales to customers located in India and service income accrued in India. The Overseas segment includes sales and services rendered to customers located outside India. The company was founded by Jagdish Chandra Mahindra and Kailash Chandra Mahindra 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 2016

  • Local currency
  • US Dollar
Revenue 697,859.7M
Gross profit 122,492M
Operating income -9,981.9M
Income before tax 42,388.4M
Net income 32,112.6M
EBITDA 15,834.49M
Diluted EPS 51.7
Dividends per share 12
Total assets 1,086.36B
Total liabilities 736,899.4M
Total equity 286,196.4M
Operating cash flow 9,135.8M

Currency in INR

Revenue 10,659.09M
Gross profit 1,870.93M
Operating income -152.46M
Income before tax 647.43M
Net income 490.48M
EBITDA 241.85M
Diluted EPS 0.78
Dividends per share 0.18
Total assets 16,404.78M
Total liabilities 11,127.62M
Total equity 4,321.73M
Operating cash flow 139.53M

Currency in USD

Valuation measures

Mar 2016

PER 22.29
ROA 3.15%
ROE 11.78%
Operating margin -1.43%
Profit margin 4.60%

Key executive

  • Managing Director & Executive Director: Pawan Kumar Goenka
  • Chief Financial & Information Officer: Parthasarathy Vankipuram Srinivasa
  • CTO & President-Group Information Technology: Ulhas Narayan Yargop
  • Secretary, Compliance Officer & Senior VP: Narayan Shankar
  • Chief Executive Officer-Auto & Farm Strategy: Ashok Sharma

Share holders

  • Prudential Management & Services Pvt Ltd.(11.3%)
  • Life Insurance Corp. of India(10.2%)
  • Mahindra & Mahindra Benefit Trust(8.3%)
  • Mahindra & Mahindra Employees Stock Option Trust(4.4%)
  • Capital Research & Management Co. (World Investors)(3.9%)
  • First State Investment Management (UK) Ltd.(2.6%)
  • ICICI Prudential Life Insurance Co. Ltd. (Invt Port)(2.6%)
  • GIC Pte Ltd. (Investment Management)(2.2%)
  • BlackRock Fund Advisors(1.6%)
  • 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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