Here, we are going to share Mahindra & Mahindra Share Price Target 2025, 2026, 2027, 2028, 2030, 2035, 2040 on the basis of its fundamental and technical analysis.
Mahindra & Mahindra Ltd. (M&M) is a major Indian multinational automobile and farm equipment manufacturer based in Mumbai.
M&M is best known for its SUVs, commercial vehicles, and tractors, but it also operates in IT, financial services, and renewable energy, making it a well-diversified conglomerate.
It is a market leader in India’s utility vehicle and tractor segments and has a strong focus on R&D and innovation
Mahindra & Mahindra Share Key Information
| Company Name | Mahindra & Mahindra Ltd. |
| Headquarters | Mumbai, Maharashtra, India |
| Sectors | Automobiles – Passenger Cars |
| Market Cap | ₹ 3,74,675.24 Cr. |
| No. of Shares | 124.35 Cr. |
| Book Value | ₹ 451.64 |
| Dividend Yield | 0.72% |
| ROCE | 26.98% |
| ROE | 22.55% |
| Face Value | ₹ 5 |
| Sales Growth | 16.25% |
| Profit Growth | 63.66% |
Mahindra & Mahindra Business Sector
- Automotive: Manufacturing SUVs, commercial vehicles, electric vehicles (EVs), and two-wheelers.
- Farm Equipment: Leading producer of tractors and agricultural machinery.
- Technology and IT Services: Through subsidiaries such as Tech Mahindra, we provide IT and digital transformation solutions.
Board Members
- Anand G. Mahindra – Chairman (Non-Executive)
- Dr. Anish Shah – Managing Director and CEO
- Rajesh Jejurikar – Executive Director (Auto and Farm Sectors)
- Haigreve Khaitan – Independent Director
- T. N. Manoharan – Independent Director
- Shikha Sharma – Independent Director
- Nisaba Godrej – Independent Director
- Muthiah Murugappan – Independent Director
- Padmasree Warrior – Independent Director
- Ranjan Pant – Independent Director
Mahindra & Mahindra Share Quarterly Results
| PARTICULARS | Jun 2024 | Sep 2024 |
|---|---|---|
| Net Sales | 27,132.76 | 28,919.34 |
| Total Expenditure | 23,016.57 | 23,649.09 |
| Operating Profit | 4,116.19 | 5,270.25 |
| Other Income | 257.55 | 677.22 |
| Interest | 52.90 | 55.13 |
| Depreciation | 914.62 | 961.36 |
| Exceptional Items | 0 | 0 |
| Profit Before Tax | 3,406.22 | 4,930.98 |
| Tax | 793.59 | 1,090.10 |
| Profit After Tax | 2,612.63 | 3,840.88 |
| Adjusted EPS (Rs) | 21.78 | 32.01 |
Mahindra & Mahindra Company Profits and Losses
| PARTICULARS | Mar 2023 | Mar 2024 |
|---|---|---|
| Net Sales | 84,960.26 | 98,763.42 |
| Total Expenditure | 74,580.78 | 86,097.26 |
| Operating Profit | 10,379.48 | 12,666.16 |
| Other Income | 2,790.57 | 4,511.43 |
| Interest | 455.27 | 255.77 |
| Depreciation | 3,154.46 | 3,438.85 |
| Exceptional Items | -1,429.54 | 0 |
| Profit Before Tax | 8,130.78 | 13,482.97 |
| Tax | 1,582.14 | 2,765.17 |
| Net Profit | 6,548.64 | 10,717.80 |
| Adjusted EPS (Rs.) | 54.66 | 89.37 |
Mahindra & Mahindra Share Price Target 2025-2040
| Year | Initial Target | Year-End Target |
|---|---|---|
| 2025 | ₹2903 | ₹3414 |
| 2026 | ₹3457 | ₹3968 |
| 2027 | ₹4012 | ₹4524 |
| 2028 | ₹4569 | ₹5078 |
| 2029 | ₹5126 | ₹5685 |
| 2030 | ₹5698 | ₹5897 |
| 2035 | ₹9125 | ₹9321 |
| 2040 | ₹12015 | ₹12346 |
Mahindra & Mahindra Share Price Target 2025
| Year/Month | Predicted Target |
|---|---|
| January 2025 | ₹2903 |
| February 2025 | ₹2943 |
| March 2025 | ₹2961 |
| April 2025 | ₹3029 |
| May 2025 | ₹3125 |
| June 2025 | ₹3205 |
| July 2025 | ₹3247 |
| August 2025 | ₹3287 |
| September 2025 | ₹3355 |
| October 2025 | ₹3366 |
| November 2025 | ₹3381 |
| December 2025 | ₹3414 |
Based on the 2025 forecast, the initial target of Mahindra & Mahindra share can could be ₹2903 and by the end of the year, the share price target is estimated to reach ₹3414.
Mahindra & Mahindra Share Price Target 2026
| Year/Month | Predicted Target |
|---|---|
| January 2026 | ₹3457 |
| February 2026 | ₹3498 |
| March 2026 | ₹3517 |
| April 2026 | ₹3584 |
| May 2026 | ₹3676 |
| June 2026 | ₹3803 |
| July 2026 | ₹3842 |
| August 2026 | ₹3906 |
| September 2026 | ₹3920 |
| October 2026 | ₹3937 |
| November 2026 | ₹3957 |
| December 2026 | ₹3968 |
Based on the 2026 forecast, the initial target of Mahindra & Mahindra share can could be ₹3457 and by the end of the year, the share price target is estimated to reach ₹3968.
Mahindra & Mahindra Share Price Target 2027
| Year/Month | Predicted Target |
|---|---|
| January 2027 | ₹4012 |
| February 2027 | ₹4052 |
| March 2027 | ₹4069 |
| April 2027 | ₹4140 |
| May 2027 | ₹4283 |
| June 2027 | ₹4315 |
| July 2027 | ₹4356 |
| August 2027 | ₹4398 |
| September 2027 | ₹4462 |
| October 2027 | ₹4476 |
| November 2027 | ₹4493 |
| December 2027 | ₹4524 |
Based on the 2027 forecast, the initial target of Mahindra & Mahindra share can could be ₹4012 and by the end of the year, the share price target is estimated to reach ₹4524.
Mahindra & Mahindra Share Price Target 2028
| Year/Month | Predicted Target |
|---|---|
| January 2028 | ₹4569 |
| February 2028 | ₹4612 |
| March 2028 | ₹4629 |
| April 2028 | ₹4693 |
| May 2028 | ₹4797 |
| June 2028 | ₹4872 |
| July 2028 | ₹4915 |
| August 2028 | ₹4954 |
| September 2028 | ₹5018 |
| October 2028 | ₹5035 |
| November 2028 | ₹5048 |
| December 2028 | ₹5078 |
Based on the 2028 forecast, the initial target of Mahindra & Mahindra share can could be ₹4569 and by the end of the year, the share price target is estimated to reach ₹5078.
Mahindra & Mahindra Share Price Target 2029
| Year/Month | Predicted Target |
|---|---|
| January 2029 | ₹5126 |
| February 2029 | ₹5166 |
| March 2029 | ₹5180 |
| April 2029 | ₹5252 |
| May 2029 | ₹5350 |
| June 2029 | ₹5426 |
| July 2029 | ₹5472 |
| August 2029 | ₹5510 |
| September 2029 | ₹5569 |
| October 2029 | ₹5598 |
| November 2029 | ₹5601 |
| December 2029 | ₹5685 |
Based on the 2029 forecast, the initial target of Mahindra & Mahindra share can could be ₹5126 and by the end of the year, the share price target is estimated to reach ₹5685.
Mahindra & Mahindra Share Price Target 2030
| Year/Month | Predicted Target |
|---|---|
| January 2030 | ₹5698 |
| February 2030 | ₹5712 |
| March 2030 | ₹5746 |
| April 2030 | ₹5767 |
| May 2030 | ₹5779 |
| June 2030 | ₹5783 |
| July 2030 | ₹5792 |
| August 2030 | ₹5801 |
| September 2030 | ₹5855 |
| October 2030 | ₹5876 |
| November 2030 | ₹5896 |
| December 2030 | ₹5897 |
Based on the 2030 forecast, the initial target of Mahindra & Mahindra share can could be ₹5698 and by the end of the year, the share price target is estimated to reach ₹5897.
Mahindra & Mahindra Share Price Target 2035
| Year/Month | Predicted Target |
|---|---|
| January 2035 | ₹9125 |
| April 2035 | ₹9189 |
| July 2035 | ₹9245 |
| October 2035 | ₹9289 |
| December 2035 | ₹9321 |
Based on the 2035 forecast, the initial target of Mahindra & Mahindra share can could be ₹9125 and by the end of the year, the share price target is estimated to reach ₹9321.
Mahindra & Mahindra Share Price Target 2040
| Year/Month | Predicted Target |
|---|---|
| January 2040 | ₹12015 |
| April 2040 | ₹12167 |
| July 2040 | ₹12196 |
| October 2040 | ₹12234 |
| December 2040 | ₹12346 |
Based on the 2040 forecast, the initial target of Mahindra & Mahindra share can could be ₹12015 and by the end of the year, the share price target is estimated to reach ₹12346.
Mahindra & Mahindra Shareholding Pattern
| Terms | Percentage |
|---|---|
| Promoters | 18.54% |
| FIIs | 41.18% |
| DIIs | 27.12% |
| Others | 0% |
| Public | 13.15% |
Mahindra & Mahindra Company Competitors
- Maruti Suzuki
- Hyundai Motor India
- Mercury Metals
- Hindustan Motors
Bull Case of Mahindra & Mahindra (Reasons to Invest)
Market Leadership: M&M leads the tractor market in India and is a dominant player in SUVs, benefiting from India’s growing rural and automotive markets.
Profit Growth: The company has grown its profits by 121.66% over the last three years.
Revenue Growth: The company also has grown its sales by 30.31% over the last three years.
Bear Case of Mahindra & Mahindra (Risks Involved)
Overdependence on Automotive: A large share of revenue comes from automotive sales, making it vulnerable to sector downturns.
Mahindra & Mahindra Share Price Target: FAQ
What will be the target of Mahindra & Mahindra Share for the year 2025?
By the end of the year 2025, its share price can reach ₹3414.
What will be the target of Mahindra & Mahindra Share for the year 2026?
By the end of the year 2026, its share price can reach ₹3968.
What will be the target of Mahindra & Mahindra Share for the year 2027?
By the end of the year 2027, its share price can reach ₹4524.
What will be the target of Mahindra & Mahindra Share for the year 2028?
By the end of the year 2028, its share price can reach ₹5078.
What will be the target of Mahindra & Mahindra Share for the year 2029?
By the end of the year 2029, its share price can reach ₹5685.
What will be the target of Mahindra & Mahindra Share for the year 2030?
By the end of the year 2030 its share price can reach ₹5897.
What is the Current market cap of Mahindra & Mahindra company?
At present the market cap of this company is ₹ 3,74,675.24 Cr.
What is the NSE symbol of Mahindra & Mahindra company?
The symbol of this company in NSE exchange is M&M.
What is the BSE symbol of Mahindra & Mahindra company?
The symbol of this company in BSE exchange is 500520.
