Mahindra & Mahindra Ltd., included within the 12 months 1945, is a Giant Cap firm (having a market cap of Rs 105571.91 Crore) working in Auto sector.
Mahindra & Mahindra Ltd. key Merchandise/Income Segments embrace Vehicle-Gentle, Medium & Heavy Business, Jeep, Passenger Automobile, Sale of providers, Different Working Income for the 12 months ending 31-Mar-2021.
For the quarter ended 31-12-2021, the corporate reported a Consolidated Whole Revenue of Rs 23785.49 Crore, up 9.43 % from final quarter Whole Revenue of Rs 21735.96 Crore and up 8.77 % from final 12 months similar quarter Whole Revenue of Rs 21867.78 Crore. Firm reported web revenue after tax of Rs 2066.60 Crore in newest quarter.
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Tractor gross sales declined by 22% and Auto gross sales grew by 44% YoY. Combine improved in Auto section as firm is promoting increased ASP SUV fashions. This drives 12% ASP progress in Auto section. At standalone, the brokerage expects income progress of 29% YoY, sequentially flat margin on decrease tractor combine and PAT progress of two% YoY.
Promoters held 19.47 per cent stake within the firm as of 31-Dec-2021, whereas FIIs owned 44.36 per cent, DIIs 22.11 per cent.
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