Mahindra Share Price Target 2024, 2025, 2026, 2030, 2035, 2040, 2050

By Amit Kumar

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Mahindra Share Price Target 2024, 2025, 2026, 2030, 2035, 2040, 2050

Mahindra and Mahindra Limited (M&M) is a big company in India that makes lots of different things. They are known for making vehicles like two-wheelers like scooters, three-wheelers, cars which are called passenger vehicles and trucks which are called commercial vehicles or CVs. They also make tractors and machines used for digging.

Apart from vehicles, M&M are in many other businesses. They are into financial services like banking and loans, making parts for vehicles auto components, running hotels and other places for travellers’ hospitality, building roads and other big projects infrastructure, selling things in shops retail, moving goods from one place to another logistics, trading and working with steel, doing computer work (IT businesses), farming (agriculture), building planes and other flying things aerospace, giving advice to businesses (consulting services), making things for the army (defence), working with energy (like electricity), and making big machines for factories and other industries.

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Today i am going to talk about the M&M Share Price Target, how the company’s stock will be in future. This prediction usually depends on how well the company is doing in terms of making money, selling products, and growing its different businesses.

About Mahindra & Mahindra Ltd

About Mahindra & Mahindra LtdDetails
Company NameMahindra & Mahindra Ltd.
Founded1945
FoundersKailash Chandra Mahindra and Jagdish Chandra Mahindra
HeadquartersGateway Building, St. Steven Street, Apollo Bunder, Mumbai – 400001
SectorVehicle manufacturing, Financial services, Hospitality, Infrastructure, IT, Agriculture, Aerospace, Defense, Energy, Industrial equipment
Listed atNSE (National Stock Exchange) & BSE (Bombay Stock Exchange)
ChairmanMr. Anand G Mahindra
Managing Director & CEODr. Anish Shah
Executive Director & CEOMr. Rajesh Jejurikar
Board of DirectorsMr. T N Manoharan, Mr. Haigreve Khaitan, Ms. Shikha Sharma, Dr. Vishakha N Desai, Mr. Muthiah Murugappan, Ms. Nisaba Godrej, Mr. Vikram Singh Mehta, Mr. Vijay Kumar Sharma, Mr. C P Gurnani
Official Websitemahindra.com

Mahindra & Mahindra Ltd. (M&M) was founded in 1945 by Kailash Chandra Mahindra and Jagdish Chandra Mahindra in Ludhiana. Initially, it started as a steel trading company but has since grown to become a big company in India’s vehicle manufacturing sector, producing cars and commercial vehicles.

&M Fundamentals & Quarterly Results

Market Cap₹ 3,64,180 Cr.
Current Price₹ 2,929
High / Low₹ 2,946 / 1,368
Stock P/E32.3
Book Value₹ 532
Dividend Yield0.72 %
ROCE13.7 %
ROE18.4 %
Face Value₹ 5.00
Debt to Equity1.61
Debt Capacity-0.14
Debt Preceding Year₹ 92,247 Cr.
Debt₹ 1,06,626 Cr.
Reserves₹ 65,633 Cr.
EPS₹ 90.6
EPS Last Year₹ 90.6
Pledged Percentage0.06 %
FCF Prev Ann₹ -13,241 Cr.
EV/EBITDA16.3
Industry PE31.1
PEG Ratio1.92
Piotroski Score6.00
Earnings Yield5.11 %
Sales Growth 5 Years5.84 %

M&M Quarterly Results

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales +28,41429,87030,62132,45633,89234,43635,29935,452
Expenses +24,01624,80225,36826,79827,64228,70629,07528,848
Operating Profit4,3995,0685,2545,6586,2495,7306,2246,604
OPM %15%17%17%17%18%17%18%19%
Other Income +6751,3481,1846621,065812756750
Interest1,2191,3821,5961,6341,7191,8351,9451,989
Depreciation9601,0921,1101,1941,1281,1391,1231,335
Profit before tax2,8943,9433,7323,4924,4683,5683,9124,030
Tax %18%23%20%14%18%30%24%22%
Net Profit +2,3613,0212,9942,9983,6842,4842,9773,125
EPS in Rs17.6622.3021.5321.2028.2118.8821.3822.15

CAGR Report

Metric10 Years5 Years3 YearsTTM / 1 Year
Compounded Sales Growth7%6%23%15%
Compounded Profit Growth10%17%80%20%
Stock Price CAGR18%36%54%109%
Return on Equity13%12%17%18%

M&M Shareholding Pattern

10 Years5 Years3 YearsTTM / 1 Year
Compounded Sales Growth7%6%23%15%
Compounded Profit Growth10%17%80%20%
Stock Price CAGR18%36%54%109%
Return on Equity13%12%17%18%

M&M Share Price Targets (2024-2030)

Mahindra & Mahindra Ltd. (M&M) is expected to perform good in future

  • 2024: The target price for M&M’s shares in 2024 is ₹3170.
  • 2025: In 2025, the predicted target price rises to ₹3627.
  • 2026: The target price for 2026 is ₹4150.
  • 2027: By 2027, the target price is ₹4747.
  • 2028: The target price for 2028 is ₹5432.
  • 2029: Moving into 2029, the target price is ₹6171.
  • 2030: The target price for 2030 is is ₹6870.

M&M Share Price Target 2024-2030 Forecast

Year Target
2024₹3170
2025₹3627
2026₹4150
2027₹4747
2028₹5432
2029₹6171
2030₹6870

M&M Share Price Target 2025

MonthTarget
January₹3233
February₹3298
March₹3364
April₹3252
May₹3144
June₹3039
July₹3161
August₹3287
September₹3418
October₹3486
November₹3556
December₹3627

M&M Share Price Target 2026

MonthTarget
January₹3700
February₹3774
March₹3849
April₹3721
May₹3597
June₹3477
July₹3616
August₹3761
September₹3911
October₹3989
November₹4069
December₹4150

M&M Share Price Target 2027

MonthTarget
January₹4233
February₹4318
March₹4404
April₹4257
May₹4115
June₹3978
July₹4137
August₹4302
September₹4474
October₹4563
November₹4654
December₹4747

M&M Share Price Target 2028

MonthTarget
January₹4842
February₹4939
March₹5038
April₹4870
May₹4708
June₹4551
July₹4733
August₹4922
September₹5119
October₹5221
November₹5325
December₹5432

M&M Share Price Target 2029

MonthTarget
January₹5572
February₹5521
March₹5571
April₹5685
May₹5702
June₹5722
July₹5815
August₹5889
September₹5912
October₹5964
November₹6017
December₹6171

M&M Share Price Target 2030

MonthTarget
January₹6026
February₹6083
March₹6141
April₹6243
May₹6348
June₹6456
July₹6489
August₹6572
September₹6687
October₹6747
November₹6808
December₹6870

Mahindra & Mahindra Ltd. (M&M) is a famous Indian company for manufacturing vehicles like cars, trucks, and tractors. It also works in various sectors like finance, hospitality, and IT services. So according to me its future is very good.

Advantages and Disadvantages of Mahindra and Mahindra Shares

Advantages:

  1. Mahindra and Mahindra has been earning more profit over the last 3 years and has a growth of 70.12%. revenue, have also grown by 24.12% in the last 3 years.
  2. Mahindra and Mahindra doesn’t has lot of money debt and can easily pay interest on loans it has.
  3. The company handles its money well.
  4. The value per share of Mahindra and Mahindra is going up.

Disadvantages:

  1. Making Less Profit: In the last year, Mahindra and Mahindra made less profit than before.
  2. Big investors like mutual funds have reduced the number of Mahindra and Mahindra shares they own.

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