Mahindra & Mahindra Ltd.

SECTOR: Automobiles - Passenger Cars

478.65
₹ -6.15 (-1.27%)
Today's High: 486.65 Today's Low : 469.25
52 Week High: 675.00 52 Week Low : 245.80
 FinStar
FinStar Indicates the overall health and quality of a stock based on Finology Research.
Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.

 Company Essentials

Market Cap

59507.66326254 Cr.

P/E

12.71

P/B

1.61

Face Value

₹5

Div. Yield

2.08%

Book Value (TTM)

297.0692

Enterprise Value

58347.34326254 Cr.

CASH

3731.66 Cr.

DEBT

2571.34 Cr.

Promoter Holding

19.89%

EPS (TTM)

37.6579

Sales Growth

10.12 %

ROE

14.98 %

ROCE

18.66 %

Profit Growth

10.10 %

No. of Shares

124.3239596 Cr.

Add your own Ratio
* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

 Price Chart 1w1m3m6m1Yr3Yr5Yr

* Prices are based on daily market changes.

 Valuation Chart 1w1m3m6m1Yr3Yr5Yr

* The chart is based on the standalone earnings of the company.

 Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Sales Growth

1 Year10.12%
3 Year9.46%
5 Year5.77%

 Profit Growth

1 Year10.1%
3 Year14.38%
5 Year5%

 ROE

1 Year14.98%
3 Year15.09%
5 Year15.86%

 ROCE

1 Year18.66%
3 Year18.88%
5 Year19.03%

 Debt Equity

0.08

 Price to Cash Flow

12.09

  Interest Cover Ratio

31.21

 CFO/PAT (5 Yr Avg.)

1.26690940188778

 Share Holding Pattern

 Promoter Pledging %

Date Promoter % Pledge %
Mar 2020 19.89 3.04
Dec 2019 19.87 1.68
Sep 2019 19.84 3.07
Jun 2019 19.87 3.07
Mar 2019 21.51 2.84
* Figures given above are % of equity capital

 Strengths

  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 31.21.
  • The company has an efficient Cash Conversion Cycle of -18.45 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.02666180150125.

 Limitations

  • The company has shown a poor revenue growth of 9.46454631851667% for the Past 3 years.
  • Promoter pledging has increased from 1.68% to 3.04% in 1 quarter.

 Quarterly Result (All Figures are in Crores.)

Particulars Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019
Net Sales 13070.36 14035.16 12922.72 11076.05 12345.29
Other Income 340.93 236.76 319.11 827.74 206.25
Total Expenditure 11553.14 12389.41 11299.98 9685.07 10695.77
Operating Profit 1858.15 1882.51 1941.85 2218.72 1855.77
Interest 24.91 28.09 27.12 30.23 22.41
Depreciation 473.52 532.52 545.38 539.9 553.73
Exceptional Items -80 -104.73 1367.05 0 -600.56
Profit Before Tax 1279.72 1217.17 2736.4 1648.59 679.07
Tax 202.91 368.36 422.58 435.99 372.52
Profit After Tax 1076.81 848.81 2313.82 1212.6 306.55

 Profit & Loss (All Figures are in Crores except Adjusted EPS in Rs.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Net Sales 38445 40875 44054 48686 53614
Other Income 855 850 1390 1130 1785
Total Expenditure 34278 36255 39539 42462 46974
Operating Profit 5022 5470 5905 7354 8425
Interest 214 186 204 206 209
Depreciation 975 1068 1526 1479 1860
Exceptional Items 336 69 548 434 -30
Profit Before Tax 4169 4284 4723 6102 6325
Tax 848 1080 1079 1746 1529
Net Profit 3321 3205 3643 4356 4796
Adjusted EPS 28 27 31 37 40

 Balance Sheet (All Figures are in Crores.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Equity and Liabilities
Share Capital 295.7 296.32 296.81 594.97 595.8
Total Reserves 18959.39 22126.85 26488.81 29699.07 33613.43
Borrowings 2514.13 1495.42 2233.99 2195.9 2031.78
Other N/C liabilities 2201.38 1736.66 1059.82 1627.74 2121.98
Current liabilities 8974.27 9844.32 9634.05 13329.02 14334.07
Total Liabilities 32944.87 35499.57 39713.48 47446.7 52697.06
Assets
Net Block 5929.46 7595.99 7771.04 7859.41 10081.75
Capital WIP 755.67 231.53 409.78 1079.72 706.77
Investments 11372.74 11161.42 14301.7 16645.48 19032.07
Loans & Advances 3232.26 3504.87 2650.41 2851.65 2630.88
Other N/C Assets 1526.53 1370.08 1972.55 2530.16 2174.53
Current Assets 10128.21 11635.68 12608 16480.28 18071.06
Total Assets 32944.87 35499.57 39713.48 47446.7 52697.06
* Other Non-current Liabilities include Net deferred Liabilities

 Cash Flows (All Figures are in Crores.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Profit Before Tax 3833.17 4215.72 4174.15 5668.76 6354.74
Adjustment 602.64 770.37 579.54 866.66 509.25
Working Capital Changes -369.57 1412.29 -50.82 1780.33 -505.98
Tax Paid -846.75 -927.88 -992.87 -1288.67 -1434.14
Operating Cash Flow 3219.49 5470.5 3710 7027.08 4923.87
Investing Cash Flow -2423.09 -3537.93 -2781.83 -5110.42 -2548.71
Financing Cash Flow -1584.82 -2007.2 -1161.49 -1033.31 -1555.22
Net Cash Flow -788.42 -74.63 -233.32 883.35 819.94

 Corporate Actions

 Ratings & Research Reports

 Company Presentations

 Mahindra & Mahindra Stock Price Analysis and Quick Research Report

Is Mahindra & Mahindra an attractive stock to invest in?

 

The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government is providing the auto companies with a boost needed in their development. But will it sustain?
We can look into more details and dig a little deeper into the analysis of the stock of this sector. Let’s look at how Mahindra & Mahindra is performing and if it is the right time to buy the stock of Mahindra & Mahindra with detailed analysis.

  • The mainstream of revenue for Auto Sector is their sales, Mahindra & Mahindra has reported decent sales growth of 10.12 % and in the latest quarter sales was Rs 1234.529 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 16.3933122966659 times for Mahindra & Mahindra . It is managing its inventory poorly . 
     
  • The company reported Profit growth of 10.1 % over the year, where the latest year profit is Rs 4796.04 Cr compared to the previous year of Rs 43.5601 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
     
  • The operating profit of the company in the latest quarter is Rs 185.577 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
     
  • Mahindra & Mahindra has a average ROE of 14.9782589074769 %. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. Mahindra & Mahindra has a low Debt to Equity ratio of 0.0756826059865237.
     
  • Mahindra & Mahindra pays a dividend of 8.5 Rs per share. It tells us that a company dislikes to share profits with its shareholders. The dividend yield is low at 2.0815 %.
     
  • The share of promoter in the company is low at 19.89 %, where the pledging is 3.04 %.
     
  • What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Mahindra & Mahindra is 16.6912052443266 compared to the 5 year average PE of 18.178 .
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