What is the debt of Mahindra and Mahindra? (2024)

What is the debt of Mahindra and Mahindra?

Total debt on the balance sheet as of September 2023 : $12.00 B. According to Mahindra & Mahindra's latest financial reports the company's total debt is $12.00 B. A company's total debt is the sum of all current and non-current debts.

Is Mahindra and Mahindra debt free?

Mahindra & Mahindra has a total shareholder equity of ₹710.4B and total debt of ₹963.4B, which brings its debt-to-equity ratio to 135.6%.

Is Mahindra and Mahindra in loss?

For the quarter ended 30-09-2023, the company has reported a Consolidated Total Income of Rs 35,027.23 Crore, up . 95 % from last quarter Total Income of Rs 34,698.68 Crore and up 16.46 % from last year same quarter Total Income of Rs 30,076.98 Crore.

What is the debt-to-equity ratio of Mahindra and Mahindra of last 5 years?

Debt to Equity Ratio with value of 1.94 was highest in Year Mar-21 in last Five Years. Debt to Equity Ratio with value of 1.03 was lowest in Year Mar-22 in last Five Years. Latest Debt to Equity Ratio with value of 1.64 is Greater than Average Debt to Equity of 1.54 in last five years.

What is the financial performance of Mahindra and Mahindra?

Mahindra & Mahindra Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 342,812 million compared to INR 298,703.8 million a year ago.

Is Mahindra Finance safe?

Mahindra Finance Fixed Deposits

It is one of the safest investment instruments in India, and many people prefer having FD in their portfolio. FDs allow you to invest and grow your savings through regular interest payout.

Which Indian company has no debt?

debt free companies
S.No.NameDebt Rs.Cr.
1.Ksolves India0.00
2.Tracxn Technolo.0.00
3.Jyoti Resins0.00
4.Global Education0.00
23 more rows

Is it good to invest in Mahindra and Mahindra?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Mahindra & Mahindra Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

What is the controversy with Mahindra and Mahindra?

Mishra has alleged that M&M cheated him by selling him a car without airbags and that their negligence led to his son's death. The Scorpio airbag scandal has sparked safety debates on social media. Many users are questioning the safety standards of the cars and the accountability of local automakers.

Why is M&M Finance falling?

Mahindra Finance reported a disappointing quarter, with margins that were lower than conservative estimates and a sharp rise in credit costs that led to a decline in earnings, said Kotak Institutional Equities.

What is the profitability of Mahindra?

Mahindra & Mahindra (M&M) reported a 66.7 per cent year-on-year jump in standalone net profit to Rs 3,452 crore for the July-September period.

What is the share price target for Mahindra and Mahindra in 2030?

Summary of M&M Share Price Forecast for 2030

With favorable market conditions, the mid-year price target for Mahindra And Mahindra Ltd could reach ₹2891.78. By the end of 2030, the price target for Mahindra And Mahindra Ltd is expected to potentially reach ₹2891.57, considering bullish market trends.

What is the annual turnover of Mahindra and Mahindra?

Indian automotive manufacturer Mahindra and Mahindra Limited's revenue was approximately 850 billion Indian rupees in fiscal year 2023.

What is the future prediction of Mahindra and Mahindra?

Future Growth

Mahindra & Mahindra's revenue is forecast to decline at 1.1% per annum while its annual earnings are expected to grow at 4% per year. EPS is expected to decline by 0.2% per annum. Return on equity is forecast to be 16% in 3 years.

What is the prediction of Mahindra and Mahindra?

View 27 reports from 10 analysts offering long term price targets for Mahindra & Mahindra Ltd.. Mahindra & Mahindra Ltd. has an average target of 1735.33. The consensus estimate represents an upside of 2.93% from the last price of 1685.9000.

Who builds Mahindra cars?

Mahindra & Mahindra Limited (M&M) is an Indian multinational automotive manufacturing corporation headquartered in Mumbai. It was established in 1945 as Mahindra & Mohammed and later renamed Mahindra & Mahindra. Part of the Mahindra Group, M&M is one of the largest vehicle manufacturers by production in India.

What is the rank of Mahindra Finance in India?

The top finance businesses in India are listed below
S.NoFinance Company
6Mahindra & Mahindra Financial Services Limited
7Muthoot Finance Ltd
8L & T Finance Limited
9Aditya Birla Finance Ltd
6 more rows

Which finance company is best?

10 Best Finance Company in India
  • Bajaj Finance Limited. ...
  • Aditya Birla Finance Ltd. ...
  • Muthoot Finance Ltd. ...
  • Tata Capital Financial Services Ltd. ...
  • Mahindra & Mahindra Financial Services Limited. ...
  • Power Finance Corporation Limited. ...
  • L & T Finance Limited. ...
  • Shriram Transport Finance Company Limited.
Jul 19, 2023

What is the credit rating of Mahindra and Mahindra Financial Services?

AAA / Stable

Which Indian company has highest debt?

Leading the pack is Reliance Industries Limited (RIL) with a hefty debt of Rs 3.14 lakh crore, followed by NTPC, Vodafone Idea, and Bharti Airtel in the energy and telecom sectors. Other major players such as Indian Oil Corporation, ONGC, and Power Grid Corporation also grapple with substantial debts.

How bad is India's debt?

Despite the multitude of shocks, the global economy has faced in the past two decades, India's public debt-to-GDP ratio at the general government level has barely increased from 81% in 2005-06 to 84% in 2021-22, and back to 81% in 2022-23,” he said in a statement, which is part of the report.

Who owns most of India's debt?

As on 31 March 2021, India had a total multilateral debt of $69.7 billion. The country's major creditors are the IDA, ADB, and IBRD. The IFAD and a few other multilateral creditors hold the remaining portion of the multilateral debt.

Is Mahindra and Mahindra overvalued?

Is M&M stock undervalued or overvalued? Compared to the current market price of 1 620.35 INR, Mahindra and Mahindra Ltd is Overvalued by 25%.

Is Mahindra and Mahindra undervalued?

2. Is Mahindra & Mahindra Ltd undervalued or overvalued? The key valuation ratios of Mahindra & Mahindra Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

Which Mahindra stock is best?

Which are the top Mahindra group stocks?
  • #1 M&M.
  • #2 TECH MAHINDRA.
  • #3 MAHINDRA & MAHINDRA FINANCIAL SERVICES.
  • #4 CIE AUTOMOTIVE INDIA.
  • #5 MAHINDRA LIFESPACE.

You might also like
Popular posts
Latest Posts
Article information

Author: Fr. Dewey Fisher

Last Updated: 23/03/2024

Views: 5890

Rating: 4.1 / 5 (42 voted)

Reviews: 81% of readers found this page helpful

Author information

Name: Fr. Dewey Fisher

Birthday: 1993-03-26

Address: 917 Hyun Views, Rogahnmouth, KY 91013-8827

Phone: +5938540192553

Job: Administration Developer

Hobby: Embroidery, Horseback riding, Juggling, Urban exploration, Skiing, Cycling, Handball

Introduction: My name is Fr. Dewey Fisher, I am a powerful, open, faithful, combative, spotless, faithful, fair person who loves writing and wants to share my knowledge and understanding with you.