SML Mahindra Ltd Share Price – NSE /  BSE

Automobile, Small Cap

The company?s cargo vehicle sales surged 31% YoY to 500 units in January 2026, compared with 383 units in January 2025.

Passenger vehicle sales rose 30% to 837 units in January 2026 as against 642 units in January 2025.

SML Mahindra (formerly known as SML Isuzu) is primarily engaged in the business of the manufacture and sale of commercial vehicles and their parts.

The company?s standalone net profit declined 3.44% to Rs 21.05 crore, while revenue from operations rose 0.98% to Rs 555.11 crore in Q2 FY26, compared to Q2 FY25.

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SML Mahindra sold 1,337 units in month of January 2026 compared to 1,025 units in January 2025, recording a growth of 30%. Total sales include cargo vehicles sales of 500 units (up 31% YoY) and passenger vehicle sales of 837 units (up 30% YoY).

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On a year-on-year (YoY) basis, the company?s standalone net profit surged 3,209.43%, while revenue from operations increased 62.53% in Q3 FY26.

Profit before tax (PBT) stood at Rs 23.52 crore in Q3 FY26, up 3,036% year-on-year (YoY).

Total expenses rose 55.5% to Rs 517.31 crore in Q3 FY26 over Q3 FY25. During the quarter, the cost of materials consumed stood at Rs 496.57 crore (up 45.59% YoY), while employee benefits expense was at Rs 59.17 crore (up 17.38% YoY).

SML Mahindra (formerly known as SML Isuzu) is primarily engaged in the business of the manufacture and sale of commercial vehicles and their parts.

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Net profit of SML Mahindra rose 3209.43% to Rs 17.54 crore in the quarter ended December 2025 as against Rs 0.53 crore during the previous quarter ended December 2024. Sales rose 62.53% to Rs 539.27 crore in the quarter ended December 2025 as against Rs 331.80 crore during the previous quarter ended December 2024.

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