SML Mahindra Limited strategy deck summary

Strategy deck of 29 Jul 2026, summarised by AI from the filing.

SML Mahindra targets ₹12,500 cr business by F31 and acquisition of MTBD division for ₹525 cr, subject to shareholder approval.

Key takeaways

1. Aspiration Management aspires to be Top 3 in India's ILCV Trucks & Buses with a focused play in HCVs for Mahindra's Truck & Bus business.
2. Guidance Management targets creating a ₹12,500 cr business by F31, with ILCV Buses share at 20%+, ILCV Trucks at 10-12% and HCV Trucks at 6%.
3. Transaction Acquisition of MTBD division on a Slump Sale basis by SML Mahindra for ₹525 cr, subject to working capital adjustments.
4. Risk Transaction completion subject to SML shareholders' approval, expected by end of F27.

Original filing on BSE

SML Mahindra Limited Q1 FY27 results

As filed: Revenue ₹958 cr, EBITDA ₹100 cr, PAT ₹63.6 cr, EBITDA margin 10.5%.

Not scored. No result for the same quarter last year.

Earlier results and the share price after them

• Q4 FY26: Revenue ₹898 cr, EBITDA ₹90.4 cr, PAT ₹54.2 cr, EBITDA margin 10.1%. Not scored. No result for the same quarter last year. Share price after the results: −13.4% in 30 days (Nifty 500: −1.3%).
• Q3 FY26: Revenue ₹539 cr, EBITDA ₹41.1 cr, PAT ₹17.5 cr, EBITDA margin 7.6%. Not scored. No result for the same quarter last year. Share price after the results: +4.7% in 28 days (Nifty 500: −0.7%).

Past price moves after results do not indicate future moves. Not a recommendation.

SML Mahindra Limited earnings call, investor presentation and press release summaries

• Q4 FY26: Earnings call (20 Apr 2026)
• Other events: Strategy deck (29 Jul 2026)