Stock Analysis
Mahindra & Mahindra Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags
Mahindra & Mahindra (NSE:M&M) Full Year 2024 Results
Key Financial Results
- Revenue: ₹1.41t (up 15% from FY 2023).
- Net income: ₹112.7b (up 9.6% from FY 2023).
- Profit margin: 8.0% (down from 8.4% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: ₹101 (up from ₹92.41 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Mahindra & Mahindra Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 2.6%.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 7.4% growth forecast for the Auto industry in India.
Performance of the Indian Auto industry.
The company's shares are down 1.4% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for Mahindra & Mahindra (of which 1 is a bit concerning!) you should know about.
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Find out whether Mahindra & Mahindra is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Valuation is complex, but we're helping make it simple.
Find out whether Mahindra & Mahindra is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
About NSEI:M&M
Mahindra & Mahindra
Provides mobility products and farm solutions in India and internationally.
Adequate balance sheet second-rate dividend payer.