Mahindra stock slips as revenue and profit stay strong

Published on 09/19/2026 at 14:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mahindra stock closed at INR 3,053.05 on September 18, 2026, down 0.88 percent. June 2026 revenue was INR 59,571.09 crore and net profit was INR 5,454.54 crore.

Mahindra, INE101A01026, Illustration mit AI erstellt.

Mahindra and Mahindra stock (INE101A01026) closed at INR 3,053.05 on September 18, 2026, down 0.88 percent, while the market value stood at INR 379,653 crore. The shares also sat below their 52-week high of INR 3,840.00 and above the 52-week low of INR 2,896.30.

June quarter still drives the story

On the company page, Mahindra said its Q1 FY27 results were in focus, and the latest figures on Tickertape showed consolidated revenue of INR 59,571.09 crore for the quarter ended June 2026. Net profit rose to INR 5,454.54 crore from INR 4,083.32 crore in the quarter ended June 2025, a gain of 33.6 percent.

That same update showed EPS at INR 48.80 for the June 2026 quarter, while full-year FY26 revenue reached INR 216,774.06 crore and net income was INR 18,470.07 crore. For investors, the comparison matters more than the headline price move: quarterly revenue was up 27.2 percent from INR 46,924.25 crore in June 2025.

Price still trails the high

Business Standard listed the stock at INR 3,052.00 on September 18, 2026, with NSE market capitalization of INR 379,653 crore and volume of 175,334 shares. Tickertape showed the one-month return at -9.98 percent and the one-year return at -16.20 percent, even though the three-year return remained 313.52 percent.

That mix leaves the stock with a clear split: the operating numbers from June 2026 were strong, but the share price still trades 20.5 percent below the 52-week high of INR 3,840.00.

Valuation and position

Tickertape put the NSE price-to-earnings ratio at 21.61 and the price-to-book ratio at 3.29, while Business Standard listed the sector as Auto and the ticker as M&M. The next corporate catalyst in the search results was the company update on September 16, 2026, and the company search page also showed a press release from September 8, 2026 on the Veero range launch.

Mahindra stock therefore sits between a still-firm operating base and a softer recent share performance. At the close on September 18, 2026, the stock was at INR 3,053.05.