If you’re always looking for a good investment opportunity, you might be interested in Mahindra and Mahindra’s share price target for the coming few years. Mahindra and Mahindra is a popular stock among investors because of its established track record of steady growth and prestige for innovation in the automobile industry. But, given the market’s uncertainties, is it a good stock to buy? Throughout this article, we’ll look more closely at Mahindra and Mahindra’s financials and share price targets from 2024 to 2030, to assist you in making a smart investment decision.
What is Mahindra and Mahindra?
Mahindra & Mahindra Limited, founded in 1945 as Mahindra & Mohammed and later renamed, stands as a prominent figure in India’s automotive, farming, and services sectors. With headquarters in Mumbai and a part of the Mahindra Group, it holds a significant position as one of India’s largest vehicle manufacturers by production.
Under the leadership of CEO Anish Shah, the company’s rich history, strong presence, and diverse offerings contribute to its revenue of 1.22 lakh crores INR (approximately US$15 billion) in 2023, while employing around 2,60,000 individuals.
Mahindra & Mahindra’s recent investment of Rs 417 crore for a 3.53% stake in RBL Bank is driven by a long-term view of 7-10 years. The move serves the dual purpose of gaining banking insights to enhance their financial services and leveraging synergies. The investment was attracted by favorable valuations, showcasing M&M’s strategic diversification and growth approach.
Below are the trading platforms that you can use to purchase Mahindra and Mahindra shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
In January 2024, the maximum price for the given data was 1695.60, while the minimum was 1474.43. As the year progressed, February saw an increase in both the maximum and minimum prices, reaching 1730.20 and 1504.53, respectively. March continued this upward trend, with the maximum and minimum prices reaching 1765.51 and 1535.23. In April, there was a slight dip in both values, with the maximum at 1714.09 and the minimum at 1490.51.
May witnessed a further decrease in prices, recording a maximum of 1688.76 and a minimum of 1468.49. However, June marked a reversal in this trend, with the maximum and minimum prices rising to 1749.56 and 1521.35, respectively. July maintained this positive momentum, with the maximum and minimum values at 1732.06 and 1506.14. August saw a notable increase, reaching a maximum of 1801.34 and a minimum of 1566.38.
September continued the upward trajectory with a maximum price of 1873.40 and a minimum of 1629.04. In October, the maximum and minimum values slightly dipped, settling at 1836.66 and 1597.10. November saw a resurgence, with the maximum and minimum prices climbing to 1891.76 and 1645.01, respectively. Finally, December recorded the highest values for the year, with a maximum price of 1939.06 and a minimum of 1686.14. Throughout 2024, the data illustrates fluctuations in maximum and minimum prices, reflecting the dynamic nature of the market.
When | Maximum Price | Minimum Price |
January 2025 | ₹2,217.45 | ₹1,705.73 |
February 2025 | ₹2,274.31 | ₹1,749.47 |
March 2025 | ₹2,363.01 | ₹1,817.70 |
April 2025 | ₹2,316.67 | ₹1,782.06 |
May 2025 | ₹2,249.20 | ₹1,730.15 |
June 2025 | ₹2,350.41 | ₹1,808.01 |
July 2025 | ₹2,304.33 | ₹1,772.56 |
August 2025 | ₹2,375.59 | ₹1,827.38 |
September 2025 | ₹2,458.74 | ₹1,891.34 |
October 2025 | ₹2,522.67 | ₹1,940.51 |
November 2025 | ₹2,585.73 | ₹1,989.02 |
December 2025 | ₹2,650.38 | ₹2,038.75 |
Year | Maximum Price | Minimum Price |
2026 | ₹2,782.89 | ₹1,948.03 |
2027 | ₹3,061.18 | ₹2,142.83 |
2028 | ₹4,285.66 | ₹2,142.83 |
2029 | ₹3,710.53 | ₹1,855.26 |
2030 | ₹4,823.68 | ₹3,376.58 |
Financial Condition of Mahindra and Mahindra: Last 5 years
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Sales (Crore Rs) |
104,721 | 75,382 | 74,278 | 90,171 | 121,269 |
Expenses (Crore Rs) |
89,514 | 65,224 | 62,791 | 75,488 | 100,983 |
Operating Profit (Crore Rs) |
15,207 | 10,158 | 11,487 | 14,683 | 20,285 |
OPM % | 15% | 13% | 15% | 16% | 17% |
Other Income (Crore Rs) |
2,676 | 885 | 1,152 | 3,204 | 3,961 |
Interest (Crore Rs) |
5,021 | 6,021 | 6,102 | 5,018 | 5,830 |
Depreciation (Crore Rs) |
3,991 | 3,367 | 3,378 | 3,508 | 4,357 |
Profit before Tax (Crore Rs) |
8,871 | 1,655 | 3,158 | 9,362 | 14,060 |
Tax % | 32% | 119% | 52% | 23% | 19% |
Net Profit (Crore Rs) |
6,017 | -321 | 1,512 | 7,253 | 11,374 |
EPS (in Rs) | 42.76 | 1.02 | 14.58 | 52.91 | 82.68 |
Dividend Payout % | 17% | 205% | 54% | 20% | 18% |
Looking at Mahindra and Mahindra’s financial statements for the last five years, the company has experienced fluctuations in its profit and revenue. The revenue growth rate for the company has been inconsistent, with a high of ₹121,269 crores in March 2023 and a low of ₹74,278 crores in March 2021.
However, the company’s net profit has shown a steady growth rate from ₹6,017 crores in March 2019 to ₹11,374 crores in March 2023, with a maximum of ₹8,871 crores in March 2019. The EPS has also fluctuated from ₹42.76 to ₹82.68 over the years. The price-to-earnings ratio has been relatively stable, with a maximum of 408.53 in July 2020 and a minimum of -153.57 in March 2021.
The company’s dividend payout ratio has been inconsistent, with a maximum of 205% in March 2020 and a minimum of 18% in March 2023. Overall, the company has shown some growth in profit and revenue, but with fluctuations in its financial statements over the last five years.
FAQS
As of 31st January 2024, the current share price of Mahindra and Mahindra is around 1645 INR.
While it is difficult to predict the exact share price of any stock, based on current market trends and historical data, it is unlikely that Mahindra and Mahindra’s share price will reach 5000 INR by 2025.
Factors like the company’s financial performance, market competition, government policies, global economic conditions, and consumer demand can impact the share price of Mahindra and Mahindra.
Is Mahindra and Mahindra a good stock to buy?
Mahindra and Mahindra have a strong presence in various sectors and have shown steady growth in their financial performance in recent years. While no stock is completely risk-free, Mahindra and Mahindra is considered a good stock to buy for long-term investment.
What is the dividend payout ratio of Mahindra and Mahindra?
How has Mahindra and Mahindra’s revenue growth been in the past five years?
What has been Mahindra and Mahindra’s profit growth in the past five years?
What is Mahindra and Mahindra’s price-to-earnings (P/E) ratio?
Mahindra and Mahindra’s P/E ratio has varied over the years, ranging from 12.23 to 278.85, depending on the company’s financial performance. As of December 2023, the P/E ratio is around 19.9.
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Conclusion
What did we learn?
- 1 What is Mahindra and Mahindra?
- 2 How to purchase Mahindra and Mahindra shares?
- 3 Mahindra and Mahindra Share Price Target: 2024 to 2030
- 4 Financial Condition of Mahindra and Mahindra: Last 5 years
- 5 FAQS
- 5.1 What is the current share price of Mahindra and Mahindra?
- 5.2 Can Mahindra and Mahindra’s share price reach 5000 INR by 2025?
- 5.3 What factors can impact the share price of Mahindra and Mahindra?
- 5.4 Is Mahindra and Mahindra a good stock to buy?
- 5.5 What is the dividend payout ratio of Mahindra and Mahindra?
- 5.6 How has Mahindra and Mahindra’s revenue growth been in the past five years?
- 5.7 What has been Mahindra and Mahindra’s profit growth in the past five years?
- 5.8 What is Mahindra and Mahindra’s price-to-earnings (P/E) ratio?
- 6 Conclusion