Mahindra & Mahindra
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Financial Performance
Revenue
$18.5 Billion (FY2026 Consolidated Net Revenue)
Market Cap
$45.0B
Net Income
$1.4B
Employees
260,000
Listed on Dalal Street since 1956, M&M has delivered extraordinary long-term shareholder compounding. Generating over $18 billion in annual consolidated revenues with sustained double-digit Return on Equity (RoE > 18%) and fortress operating cash flow, M&M has re-rated to a market valuation exceeding $45 billion on the National Stock Exchange of India.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2026 | $18.5B | $1.4B | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Mahindra & Mahindra reported approximately $18.5B in fiscal year 2026 with a team of 260,000 employees worldwide.
Mahindra & Mahindra strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.
Financial performance in Automotive Manufacturing, Sport Utility Vehicles (SUVs), Farm Equipment & Tractors, Electric Mobility & Industrial Conglomerate is driven by steady cash generation and pricing power, enabling Mahindra & Mahindra to reinvest in high-return strategic initiatives.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Mahindra & Mahindra Revenue & Financials." CorpDigest, https://corpdigest.com/company/mahindra-and-mahindra/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Mahindra & Mahindra reported $19B in revenue (FY2026).</strong><br>Source: <a href="https://corpdigest.com/company/mahindra-and-mahindra/financials" target="_blank" rel="noopener">CorpDigest — Mahindra & Mahindra financials</a></div>