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Added to YB: 2026-01-19

Pitch date: 2026-01-16

M&M.NS [neutral]

Mahindra & Mahindra Limited

Author Info

Zen Nivesh analyses India’s equity markets to help you discover high-conviction, research-backed stock ideas—long before they hit the mainstream. Our edge lies in identifying fundamentally strong, underfollowed companies with serious upside potential. Sign up for the newsletter.

Company Info

Mahindra & Mahindra Limited provides mobility products and farm solutions in India and internationally.

Market Cap

INR 4.1T

Pitch Price

N/A

Price Target

N/A

Dividend

0.69%

EV/EBITDA

14.54

P/E

28.86

EV/Sales

2.89

Sector

Automobiles

Category

turnaround

Show full summary:
Mahindra Logistics: A Deep Dive

M&M.NS (overview): Logistics subsidiary MLL trading below 2017 IPO amid multi-front turnaround. New CEO Sikka shifted focus from growth to unit economics, site profitability, white space reduction. Express biz still unprofitable but mgmt language changed from expansion to discipline. Testing if M&M's capital allocation DNA (10x from COVID lows) transfers to subsidiary.

Read full article (6 min)