Mahindra & Mahindra Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Mahindra & Mahindra Limited's yearly results (2023–2026), compared with Consumer Cyclical companies in India. Tap ? on any ratio for what it means.
What stands out
- Cash Locked Ratio: Money owed to suppliers is larger than money owed by customers plus stock: ₹7 per ₹100 of sales comes from others' credit, against ₹5 from others' credit three years earlier. Less money tied up than 90% of Consumer Cyclical companies in India.
- Steadiness Ratio: Sales and profit both grew in each of the last 3 years. Steadier than 88% of Consumer Cyclical companies in India.
- Tangible Net Worth Ratio: Of every ₹100 of net worth, ₹84 is tangible; the rest is goodwill and other intangibles, often from buying other companies. Less tangible than 85% of Consumer Cyclical companies in India.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
₹22Over the last 3 years, every ₹100 of reported profit came with ₹22 of operating cash.
Lower than 82% of Consumer Cyclical companies in India.
Self-Funding Ratio
0.3×Over the last 3 years its own operating cash paid for 31% of its investment spending (capex); the rest came from other sources such as borrowing, cash reserves or new shares.
Lower than 78% of Consumer Cyclical companies in India.
Cash Locked Ratio
−₹7Money owed to suppliers is larger than money owed by customers plus stock: ₹7 per ₹100 of sales comes from others' credit, against ₹5 from others' credit three years earlier.
Less money tied up than 90% of Consumer Cyclical companies in India.
Growth quality
Steadiness Ratio
3/3 · 3/3Sales and profit both grew in each of the last 3 years.
Steadier than 88% of Consumer Cyclical companies in India.
Growth Efficiency Ratio
₹9Sales grew 62% in 3 years; of every extra ₹100 of sales, ₹9 became extra profit.
Higher than 59% of Consumer Cyclical companies in India.
Asset Productivity Ratio
+62% / +54%In 3 years sales changed by +62% while total assets changed by +54%. Sales grew faster than assets.
Balance-sheet strength
Debt Due Cover Ratio
0.2×Debt due within a year is covered 0.2 times by its yearly operating cash.
Lower than 73% of Consumer Cyclical companies in India.
Cash Cushion Ratio
−24%Debt, after subtracting cash, equals 24% of its market value (net debt).
Lower than 70% of Consumer Cyclical companies in India.
Tangible Assets Ratio
95%Of every ₹100 the company owns, ₹95 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 81% of Consumer Cyclical companies in India.
Tangible Net Worth Ratio
84%Of every ₹100 of net worth, ₹84 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
Less tangible than 85% of Consumer Cyclical companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Mahindra & Mahindra Limited owes ₹0.66 for every ₹1 it owns. Net profit rose 32% in the year to Mar 2026, and grew 18% a year on average over 3 years.
Compared with Consumer Cyclical companies in India · latest annual results Mar 2026.
P/E ratio
17.4Investors pay ₹17.4 for every ₹1 of Mahindra & Mahindra Limited's yearly profit, lower than 69% of Consumer Cyclical companies in India.
P/B ratio
3.69The share price is 3.69 times Mahindra & Mahindra Limited's book value per share, higher than 63% of Consumer Cyclical companies in India.
Market cap
₹343,562 CrThe total market value of all of Mahindra & Mahindra Limited's shares at today's price (share price × number of shares), larger than almost all Consumer Cyclical companies in India. PosiCap size class: Tito Cap.
Net worth (book value)
₹93,096 CrWhat Mahindra & Mahindra Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).
Book value per share
₹775.31Net worth divided by the number of shares. The share price of ₹2,861 is 3.7 times this, which is the P/B above.
Return on equity (ROE)
19.7%Mahindra & Mahindra Limited earned 19.7% on its shareholders' money over the last year, higher than 79% of Consumer Cyclical companies in India.
Owes vs Owns
0.66×Mahindra & Mahindra Limited owes ₹0.66 for every ₹1 it owns (moderate), higher than 82% of Consumer Cyclical companies in India.
Dividend yield
1.18%Mahindra & Mahindra Limited pays 1.18% of its share price as dividends a year, higher than 73% of dividend-paying Consumer Cyclical companies in India.
Revenue growth
+24%Revenue rose 24% in the year to Mar 2026, and grew 17% a year on average over 3 years.
Profit growth
+32%Net profit rose 32% in the year to Mar 2026, and grew 18% a year on average over 3 years.
Profit margin
8.9%Mahindra & Mahindra Limited keeps ₹9 of every ₹100 of revenue as net profit.
Cash quality
0.7×Cash from Mahindra & Mahindra Limited's business was 0.7× its reported profit in the year to Mar 2026 — less cash came in than the profit reported.
Interest cover
3.2×Mahindra & Mahindra Limited's operating profit covered its interest costs 3.2 times in the year to Mar 2026.
Cash vs debt
Net debtMahindra & Mahindra Limited had ₹82,623 Cr more debt than cash (net debt) at Mar 2026.
Questions
What is Mahindra & Mahindra Limited's P/E ratio?
Investors pay ₹17.4 for every ₹1 of Mahindra & Mahindra Limited's yearly profit, lower than 69% of Consumer Cyclical companies in India.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Mahindra & Mahindra Limited: ₹343,562 Cr ÷ ₹93,096 Cr (31 Mar 2026) = 3.7.
What is Mahindra & Mahindra Limited's return on equity?
Mahindra & Mahindra Limited earned 19.7% on its shareholders' money over the last year, higher than 79% of Consumer Cyclical companies in India.
How much does Mahindra & Mahindra Limited owe compared with what it owns?
Mahindra & Mahindra Limited owes ₹0.66 for every ₹1 it owns (moderate), higher than 82% of Consumer Cyclical companies in India.
Does Mahindra & Mahindra Limited pay a dividend?
Yes. Mahindra & Mahindra Limited pays 1.18% of its share price as dividends a year, higher than 73% of dividend-paying Consumer Cyclical companies in India.
Is Mahindra & Mahindra Limited's revenue growing?
Revenue rose 24% in the year to Mar 2026, and grew 17% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.