Mahindra & Mahindra Balance Sheet Health
Financial Health criteria checks 4/6
Mahindra & Mahindra has a total shareholder equity of ₹891.0B and total debt of ₹1,295.2B, which brings its debt-to-equity ratio to 145.4%. Its total assets and total liabilities are ₹2,775.9B and ₹1,884.9B respectively. Mahindra & Mahindra's EBIT is ₹280.2B making its interest coverage ratio 3.1. It has cash and short-term investments of ₹410.7B.
Key information
145.37%
Debt to equity ratio
₹1.30t
Debt
| Interest coverage ratio | 3.1x |
| Cash | ₹410.69b |
| Equity | ₹890.98b |
| Total liabilities | ₹1.88t |
| Total assets | ₹2.78t |
Recent financial health updates
No updates
Recent updates
What Mahindra & Mahindra Limited's (NSE:M&M) P/E Is Not Telling You
Sep 25
Does Mahindra & Mahindra (NSE:M&M) Deserve A Spot On Your Watchlist?
Sep 07News Flash: 30 Analysts Think Mahindra & Mahindra Limited (NSE:M&M) Earnings Are Under Threat
Aug 02Mahindra & Mahindra Limited's (NSE:M&M) CEO Compensation Is Looking A Bit Stretched At The Moment
Jul 25Mahindra & Mahindra (NSE:M&M) Is Paying Out A Larger Dividend Than Last Year
Jun 22Mahindra & Mahindra (NSE:M&M) Has Announced That It Will Be Increasing Its Dividend To ₹25.30
May 10Analysts Are Updating Their Mahindra & Mahindra Limited (NSE:M&M) Estimates After Its Annual Results
May 09There's Reason For Concern Over Mahindra & Mahindra Limited's (NSE:M&M) Massive 25% Price Jump
May 08Mahindra & Mahindra Limited's (NSE:M&M) Business Is Trailing The Market But Its Shares Aren't
Mar 23Is There Now An Opportunity In Mahindra & Mahindra Limited (NSE:M&M)?
Mar 10There's Been No Shortage Of Growth Recently For Mahindra & Mahindra's (NSE:M&M) Returns On Capital
Jan 19Mahindra & Mahindra (NSE:M&M) Ticks All The Boxes When It Comes To Earnings Growth
Dec 22Some Confidence Is Lacking In Mahindra & Mahindra Limited's (NSE:M&M) P/E
Nov 24
Dynamic Growth In Autos And Farm Drives Profit Surge Amid Industry Transformation
Strong growth in auto, farm, and renewable sectors, along with new product launches, is driving increased market share and profitability.Financial Position Analysis
Short Term Liabilities: M&M's short term assets (₹1,265.7B) exceed its short term liabilities (₹903.2B).
Long Term Liabilities: M&M's short term assets (₹1,265.7B) exceed its long term liabilities (₹981.7B).
Debt to Equity History and Analysis
Debt Level: M&M's net debt to equity ratio (99.3%) is considered high.
Reducing Debt: M&M's debt to equity ratio has reduced from 173.2% to 145.4% over the past 5 years.
Debt Coverage: M&M's debt is not well covered by operating cash flow (2.5%).
Interest Coverage: M&M's interest payments on its debt are well covered by EBIT (3.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/08 05:30 |
| End of Day Share Price | 2025/10/08 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Mahindra & Mahindra Limited is covered by 84 analysts. 30 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ashwin Mehta | Ambit Capital |
| Amey Dargude | Ambit Capital |
| Nitin Bhasin | Ambit Capital |