Mahindra and Mahindra Limited belongs to the Nifty 50 group of companies. Among the small and medium-sized vehicle manufacturers, M&M has a significant market share in India. For this reason fluctuations, M&M OR Mahindra and Mahindra share price affect the benchmark index.
M&M OR Mahindra And Mahindra Share Price Graph
Before Independence of India, in 1945, Mr K C Mahindra went to the USA where he met Mr Barney Ross, inventor of the rugged all-purpose vehicle – the ‘Jeep’. The idea of such a car plying across Indian roads and rough terrains struck him In the same year, Mahindra brothers in partnership with another gentleman, Mr Ghulam Mohammed formed a company Mahindra and Mohammed. The company was established as a franchise to assemble Jeep from Willys in India. In 1947, in the year of Independence, Mr Ghulam Mohammed went to Pakistan and the company was named Mahindra & Mahindra. Later Mr Ghulam Mohammed became the first finance minister of Pakistan.
Today Mahindra & Mahindra (M&M) has set up different plants. The Nashik plant and the Mumbai plant manufactures MUVs (multi-utility vehicles). Engines are produced in Igatpuri plant. Utility vehicles, LCVs (light commercial vehicles) and three-wheelers are manufactured in Zaheerabad plant. Three wheelers are also manufactured in Haridwar plant.
Today M&M is a big name in India giving direct employment to over 50000 employees. Mahindra is the third largest company in the world to manufacture tractors. Mahindra has joined hand with Navistar to produce trucks and diesel engines. M&M’s equipment manufacturing business earns a lot of revenue spanning across six continents. M&M also has big business interest in the following field.
- Finance and leasing
- Manufacturing of automotive components and spares including forged components like gears etc.
- Manufacture and trade of cold rolled steel
- Retail business
- Insurance Broking
- Speciality business like the manufacture of defence related items.
M&M with its own subsidiaries control this vast empire. Mahindra and Mahindra Limited has received numerous national and international awards of excellence for its performance.
M&M OR Mahindra and Mahindra share price are Rs 1376.05 (as on 23.06.17, EOD) in BSE. As per the latest data, the standalone basis P/E is 21.61 versus average industry PE of 26.93, EPS is Rs 63.69. Market cap is Rs 85,467 crores. The face value of a share is Rs 5.
The share price of Mahindra and Mahindra Limited was Rs 21852.40 at the end of 26 October 2018 in the National Stock Exchange. The current market cap is Rs 59451.55 crores. The earning per share or EPS is Rs 663.69 as per the average share price of the trailing 12 months data. The price over earning ratio or P/E stands at 32.39. The Book Value per share is Rs 2579.32. The price over book value ratio or P/BV 8.32. The Dividend yield is 0.79%. The 52 weeks high price is Rs 32766.60 and 52 weeks low is Rs 20001.15.
The quarter ending June 2018 reported a sales figure of Rs 2539.21 crores. Other operating income stands at Rs 13.46 crores. The operating profit stands at Rs 809.60 crores. Other income stands at Rs 59.61 crores. The EBITDA is Rs 869.21 crores. The net profit stands at Rs 576.18 crores. The earning per share or EPS of this quarter stands at Rs 210.98.
Mahindra & Mahindra Ltd., popularly known as M & M, is a Large Cap company (having a market cap of Rs 98647.33 Crore) operating in the Indian Automobile sector. Mahindra & Mahindra Ltd. is a leading company in the Indian automobile space and one of the very few that have put strong steps in the international automobile manufacturing arena. With its futuristic views, Mahindra & Mahindra has set up factories abroad to come up with futuristic electric cars.
Mahindra & Mahindra earns its principal revenue from the sale of Light, Medium & Heavy commercial and passenger vehicles. The audited financial report ending on 31 March 2018, the company reported that it earned its revenue from the sale of commercial and passenger vehicles which contributed Rs 45964.65 crores to total sales value equivalent to 90.25 % of total sales value, earnings from other operating revenue contributed Rs 582.06 crores, sales from services contributed Rs 462.48 crores (1.23% of sales value), revenue from scrap sales contributed Rs 86.85 crores (0.18% of total sales).
For the quarter ended 30 June 2018, the company reported a standalone sales of Rs 13519.91 crores, up by 1.59% from last quarter sales of Rs 13307.88 crores and has increased by 16.80% from last year same quarter sales of Rs 11575.71 crores. The company reported a net profit after tax of Rs 1220.96 crores in this quarter.
The top management of Mahindra & Mahindra Ltd. includes Mr Anand G Mahindra, Dr Pawan Goenka, Dr Vishakha N Desai, Mr Keshub Mahindra, Mr Anupam Puri, Mr M M Murugappan, Mr R K Kulkarni, Mr Nadir B Godrej, Mr T N Manoharan, Mr Vikram Singh Mehta.
Mahindra & Mahindra Ltd. has appointed M/S Deloitte Haskins & Sells as its auditors.
As on 30 September 2018, the company has a total of 1,243,192,544 nos of shares outstanding.
The shareholding pattern of the company currently has different shareholders in the manner as stated below.
- The promoters and promoter group of the company hold 253,258,774 nos of shares which is equivalent to 20.37% of total shares.
- The foreign institutions or FIIs hold 399,673,463 nos of shares amounting to 32.15% of total shares.
- Financial institutions hold 132,836,697 nos of shares that are equivalent to 10.69% of total shares.
- 123,210,179 shares or 9.91% of total shares are subscribed in the GDR.
- The non-banking financial institutions or NBFCs and mutual funds together hold 116,966,078 nos of shares or 9.41% of total shares.
- General public holds 107,948,019 nos of shares which is equivalent to 8.68% of total shares.
- Others hold 106,074,313 nos or shares or 8.53% of total shares.
- Foreign promoters hold 1,012,344 nos of shares which are equivalent to 0.08% of shares.
- In addition, a total number of 2,212,677 nos shares which are equivalent to 0.18% of total shares are being held by the Central Government.
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