Mahindra & Mahindra Past Earnings Performance
Past criteria checks 2/6
Mahindra & Mahindra has been growing earnings at an average annual rate of 31.7%, while the Auto industry saw earnings growing at 19.2% annually. Revenues have been growing at an average rate of 6.3% per year. Mahindra & Mahindra's return on equity is 17.1%, and it has net margins of 8.1%.
Key information
31.7%
Earnings growth rate
31.3%
EPS growth rate
| Auto Industry Growth | 19.1% |
| Revenue growth rate | 6.3% |
| Return on equity | 17.1% |
| Net Margin | 8.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Do Mahindra & Mahindra's (NSE:M&M) Earnings Warrant Your Attention?
Apr 01
Mahindra & Mahindra (NSE:M&M) Is Doing The Right Things To Multiply Its Share Price
Mar 18Is Mahindra & Mahindra Limited (NSE:M&M) Potentially Undervalued?
Mar 04Mahindra & Mahindra Limited's (NSE:M&M) Earnings Are Not Doing Enough For Some Investors
Jan 23Here's Why Mahindra & Mahindra (NSE:M&M) Has Caught The Eye Of Investors
Dec 13Return Trends At Mahindra & Mahindra (NSE:M&M) Aren't Appealing
Nov 29At ₹1,583, Is It Time To Put Mahindra & Mahindra Limited (NSE:M&M) On Your Watch List?
Sep 22Here's Why Mahindra & Mahindra (NSE:M&M) Has Caught The Eye Of Investors
Sep 05Investors Met With Slowing Returns on Capital At Mahindra & Mahindra (NSE:M&M)
Aug 08Mahindra & Mahindra (NSE:M&M) Is Increasing Its Dividend To ₹16.25
Jul 12Mahindra & Mahindra (NSE:M&M) Is Increasing Its Dividend To ₹16.25
Jun 27Mahindra & Mahindra's (NSE:M&M) Dividend Will Be Increased To ₹16.25
Jun 13Mahindra & Mahindra (NSE:M&M) Is Increasing Its Dividend To ₹16.25
May 30Why Mahindra & Mahindra Limited (NSE:M&M) Could Be Worth Watching
Apr 28Is Now The Time To Put Mahindra & Mahindra (NSE:M&M) On Your Watchlist?
Mar 16The Returns At Mahindra & Mahindra (NSE:M&M) Aren't Growing
Mar 03Is It Too Late To Consider Buying Mahindra & Mahindra Limited (NSE:M&M)?
Jan 26Mahindra & Mahindra's (NSE:M&M) Returns Have Hit A Wall
Dec 03If EPS Growth Is Important To You, Mahindra & Mahindra (NSE:M&M) Presents An Opportunity
Nov 05Is There Now An Opportunity In Mahindra & Mahindra Limited (NSE:M&M)?
Oct 22Slowing Rates Of Return At Mahindra & Mahindra (NSE:M&M) Leave Little Room For Excitement
Aug 25Here's Why We Think Mahindra & Mahindra (NSE:M&M) Might Deserve Your Attention Today
Aug 07At ₹1,181, Is Mahindra & Mahindra Limited (NSE:M&M) Worth Looking At Closely?
Jul 24Mahindra & Mahindra's (NSE:M&M) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 30Mahindra & Mahindra (NSE:M&M) Has Announced That It Will Be Increasing Its Dividend To ₹11.55
Jun 16Mahindra & Mahindra (NSE:M&M) Is Increasing Its Dividend To ₹11.55
Jun 02Revenue & Expenses BreakdownBeta
How Mahindra & Mahindra makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 1,380,798 | 111,512 | 121,003 | 0 |
| 30 Sep 23 | 1,331,900 | 111,694 | 118,752 | 0 |
| 30 Jun 23 | 1,278,103 | 115,944 | 115,412 | 0 |
| 31 Mar 23 | 1,222,233 | 102,815 | 112,060 | 0 |
| 31 Dec 22 | 1,156,805 | 98,822 | 104,926 | 0 |
| 30 Sep 22 | 1,085,459 | 91,931 | 101,922 | 0 |
| 30 Jun 22 | 1,002,048 | 83,490 | 98,397 | 0 |
| 31 Mar 22 | 909,446 | 65,773 | 97,016 | 0 |
| 31 Dec 21 | 864,695 | 58,952 | 92,499 | 0 |
| 30 Sep 21 | 845,518 | 57,889 | 91,286 | 0 |
| 30 Jun 21 | 823,250 | 44,583 | 90,269 | 0 |
| 31 Mar 21 | 751,200 | 40,020 | 87,653 | 0 |
| 31 Dec 20 | 897,604 | -7,555 | 132,717 | 0 |
| 30 Sep 20 | 859,389 | -10,967 | 130,567 | 0 |
| 30 Jun 20 | 862,366 | -8,841 | 132,976 | 0 |
| 31 Mar 20 | 761,867 | 31,609 | 102,922 | 0 |
| 31 Dec 19 | 1,027,595 | 21,549 | 151,766 | 0 |
| 30 Sep 19 | 1,036,922 | 32,656 | 151,234 | 0 |
| 30 Jun 19 | 1,056,683 | 45,224 | 151,548 | 0 |
| 31 Mar 19 | 1,056,394 | 53,155 | 146,946 | 0 |
| 30 Dec 18 | 1,026,584 | 57,234 | 128,314 | 0 |
| 30 Sep 18 | 990,454 | 79,874 | 128,314 | 0 |
| 30 Jun 18 | 958,885 | 77,730 | 157,000 | 0 |
| 31 Mar 18 | 925,964 | 75,104 | 128,314 | 0 |
| 31 Dec 17 | 858,557 | 72,180 | 113,932 | 0 |
| 31 Mar 17 | 844,381 | 36,980 | 113,896 | 0 |
| 31 Mar 16 | 762,852 | 30,661 | 100,882 | 0 |
| 31 Mar 15 | 710,533 | 31,375 | 92,029 | 0 |
| 31 Mar 14 | 734,733 | 46,669 | 130,243 | 0 |
Quality Earnings: M&M has high quality earnings.
Growing Profit Margin: M&M's current net profit margins (8.1%) are lower than last year (8.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: M&M's earnings have grown significantly by 31.7% per year over the past 5 years.
Accelerating Growth: M&M's earnings growth over the past year (12.8%) is below its 5-year average (31.7% per year).
Earnings vs Industry: M&M earnings growth over the past year (12.8%) did not outperform the Auto industry 33.5%.
Return on Equity
High ROE: M&M's Return on Equity (17.1%) is considered low.