Mahindra & Mahindra Ltd. News and Updates

Name: Latest research reports of Mahindra & Mahindra Ltd. authored by Edelweiss and published by - Trendlyne research reports.
Item: Mahindra & Mahindra Ltd.
Rating: 5
Author: Edelweiss

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Mahindra & Mahindra Ltd.

12 Apr 2019

3006.30

-2.73%

Pick Of The Week - Mahindra & Mahindra Ltd

Buy: Mahindra & Mahindra Ltd.

Target

Edelweiss

M&M; is a diversified company with operations classified into nine segments automotive, which involves sales of UVs/CVs and 3Ws.

Mahindra & Mahindra .. has an average target of 3468.56 from 9 brokers.

Mahindra & Mahindra Ltd.

27 Mar 2019

3006.30

-2.73%

Our channel checks indicate MM's new compact UV XUV3OO has been well accepted and boast...

Buy: Mahindra & Mahindra Ltd.

Target

Emkay

Our channel checks indicate MM's new compact UV XUV3OO has been well accepted and boasts a healthy waiting period. The recently launched Marazzo MPV's volumes are expected to slowly improve as a result of the positive feedback from fleet operators. Higher focus on the SCV division due to creation of a distinct vertical by the company and separate sales outlets by dealers are expected to support volumes. Overall, dealers expect...

Anand Rathi released a Buy report for Mahindra & Mahindra Ltd. with a price target of 3600.0 on 15 May, 2025.

Mahindra & Mahindra Ltd.

14 Mar 2019

3006.30

-2.73%

MAHINDRA AND MAHINDRA LIMITED

Hold: Mahindra & Mahindra Ltd.

Target

Geojit BNP Paribas

EBITDA margin contracted 150bpsYoY to 13.2% due to partial pass through of commodity inflation, adverse mix, uptick in marketing spends & discounts. PAT grew by 60%YoY due to higher other income and lower tax. Management expects cumulative volume of three new UVs - Marazzo MPV, XUV300 compact UV, and Alturas luxury UV to touch at 9000 units/m. In addition, new products in CVs & electric vehicles should support volume. We expect revenue CAGR of 8% over FY19E-21E led by strong tractor sales, new planned launches and export sales will drive volume growth....

Anand Rathi released a Buy report for Mahindra & Mahindra Ltd. with a price target of 3600.0 on 15 May, 2025.

Mahindra & Mahindra Ltd.

11 Feb 2019

3006.30

-2.73%

Mahindra & Mahindra (M&M;): M&M; stock at 8.1xFY20 earnings

Buy: Mahindra & Mahindra Ltd.

Target

Karvy

M&M; stock at 8.1xFY20 earnings: M&M;'s Q3FY19 results were better than our estimates primarily supported by higher other income and lower tax rate. Going forward, the company expects tractor industry to grow by 10% in FY19.

Anand Rathi released a Buy report for Mahindra & Mahindra Ltd. with a price target of 3600.0 on 15 May, 2025.

Mahindra & Mahindra Ltd.

08 Feb 2019

3006.30

-2.73%

Mix, discounts, RM inflation dent margins; expect RM softening in FY20

Buy: Mahindra & Mahindra Ltd.

Target

Motilal Oswal

8 February 2019 Volumes grew 11% YoY in 3QFY19, with UV and tractor volumes increasing by 11% YoY each. Realizations increased 1% YoY (-1.5% QoQ) to ~INR550.9k (our Auto PBIT margin shrank 260bp YoY (-210bp QoQ) to 5.8%. Tractor EBIT margin contracted 130bp YoY (-100bp QoQ) to 19.2%. Adj. PAT increased 41% YoY (- revenue/EBITDA/adj. (a) Expects tractor industry to remain flat in 4Q, and managed to pass on partial (~60-70%) RM inflation impact of ~4-4.5% in 9MFY19.

Mahindra & Mahindra Ltd. is trading above all available SMAs

Mahindra & Mahindra Ltd.

15 Nov 2018

3006.30

-2.73%

Mahindra & Mahindra (M&M;): Betting on New launches and Better Monsoon

Buy: Mahindra & Mahindra Ltd.

Target

Karvy

Betting on New launches and Better Monsoon: M&M; Q2FY19 results were broadly in line with our estimates. Apart from recently launchedMarazzo, the Company plans to launch two new UV models in the next 2-3 months. At the same time it anticipates tractor industry to grow by 12% in FY19.

Number of FII/FPI investors increased from 1614 to 1677 in Mar 2025 qtr.

Mahindra & Mahindra Ltd.

15 Nov 2018

3006.30

-2.73%

Mahindra & Mahindra - Results below expectations, new launches to drive UV volumes

Buy: Mahindra & Mahindra Ltd.

Target

LKP Securities

associated with Marazzo. FES margins zoomed up at 20.1% which was a surprise to us despite higher RM costs. Higher other income (up by 50% yoy) and lower tax rate at 23% (due to deferred tax asset of 1.34 bn) led to net profits to be higher at 23.9%, however, adjusted net profits grew by 14% to 15.2 bn....

Mahindra & Mahindra Ltd. is trading above all available SMAs

Mahindra & Mahindra Ltd.

15 Nov 2018

3006.30

-2.73%

Result Updates

Buy: Mahindra & Mahindra Ltd.

Angel Broking

For 2QFY2019, M&M posted subdued performance on both, top-line as well as bottom-line fronts. Revenues grew by ~7% yoy to `12,989cr. On the bottom-line front, M&M reported growth of ~26% yoy to `1,649cr on the back of one time exceptional income and lower taxes. Outlook and Valuation: We expect M&M to report net revenue CAGR o..

Anand Rathi released a Buy report for Mahindra & Mahindra Ltd. with a price target of 3600.0 on 15 May, 2025.

Mahindra & Mahindra Ltd.

15 Nov 2018

3006.30

-2.73%

Marazzo launch cost and RM inflation take a toll on margins

Buy: Mahindra & Mahindra Ltd.

Target

Motilal Oswal

14 November 2018 Volumes grew by 3.7% YoY, with UV volumes increasing 5% YoY and Tractors volumes declining 4% YoY. Realizations grew 2.6% YoY (-0.9% QoQ) to INR19.7b), with the margin contracting 150bp YoY (-130bp QoQ) to 14.5% (our Tractor EBIT margin contracted 110bp QoQ (-70bp YoY) to 20.2%. Adj. PAT (a) Tractors industry to grow 12-14% in FY19 (biased toward lower end v/s upper end earlier, with YTD Oct-18 growth at ~12.5%). (b) Expects PV industry growth of 7-8% in FY19 (v/s 10% earlier) witnessed growth during festive season (Navratri and Diwali combined). (c) PV and EV 3WTreo (Nov-15). (e) Reached full production capacity for Marazzo (~130-150 units/day), with ~13.5k bookings currently and a waiting period of 6- 8 weeks.

Mahindra & Mahindra Ltd. is trading above all available SMAs

Mahindra & Mahindra Ltd.

15 Nov 2018

3006.30

-2.73%

Mahindra & Mahindra Ltd. - Result Update - 15 November 2018

Accumulate: Mahindra & Mahindra Ltd.

Way2Wealth

Overall realizations grew by 1.8% YoY (Automotive division realization de-grew 0.7% YoY and Tractor division realization grew 6.8% YoY.) Net Sales grew by 6.4% YoY to `127.9bn. EBITDA margins contracted on a YoY basis by 154bps to 14.5%....

Number of FII/FPI investors increased from 1614 to 1677 in Mar 2025 qtr.

Is Mahindra & Mahindra Ltd. worth buying?

826 Votes:

Buy 74.21%

Sell 14.89%

Hold 10.9%

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