Mahindra & Mahindra Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030
Mahindra & Mahindra Limited was founded in 1945 as Mahindra & Mohammed. The company initially started as a steel trading company, but later ventured into manufacturing general-purpose utility vehicles. In 1948, the company entered into a joint venture with Willys-Overland Corporation, USA, to produce utility vehicles. In 1954, Mahindra & Mohammed changed its name to Mahindra & Mahindra Limited.
The company is a leading player in the automotive, farm equipment, aerospace, and two-wheeler sectors. Mahindra & Mahindra Limited is also one of the largest tractor manufacturers in the world.
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Business Model of Mahindra & Mahindra Limited
Mahindra & Mahindra Limited (M&M) is a multinational conglomerate based in India, with a diversified business portfolio that includes automotive, farm equipment, aerospace, construction equipment, and financial services, among others. The company’s business model is centered around designing, manufacturing, and marketing products and services to cater to a broad range of industries and customers. Here is a brief overview of M&M’s business model:
- Automotive Division: M&M is one of the largest automotive manufacturers in India, with a strong focus on utility vehicles, light commercial vehicles, and electric vehicles. The company designs, manufactures, and markets a variety of vehicles, including cars, trucks, buses, and two-wheelers, catering to different customer segments. They have also established a global presence through exports and subsidiaries, such as SsangYong Motor Company in South Korea and Mahindra Automotive North America.
- Farm Equipment Division: As a leading manufacturer of tractors and farm machinery, M&M serves the agricultural sector by providing equipment such as tractors, harvesters, and implements. The company focuses on innovation and technology to develop more efficient and sustainable farming solutions, catering to both domestic and international markets.
- Construction Equipment Division: M&M’s construction equipment business designs, manufactures, and markets a range of construction and earthmoving equipment, such as backhoe loaders, excavators, and road construction machinery. This division caters to infrastructure development, construction, and mining industries.
- Aerospace Division: M&M has entered the aerospace industry by designing, manufacturing, and marketing aircraft components, aerostructures, and providing engineering services. This division focuses on serving global aerospace companies and meeting the increasing demand for aerospace components and services.
- Financial Services Division: Mahindra Finance, a subsidiary of M&M, offers a variety of financial products and services, including vehicle financing, rural housing loans, and asset management. This division supports M&M’s other businesses by providing financing solutions to customers and dealers.
- Hospitality & Leisure: M&M operates in the hospitality sector through its subsidiary, Mahindra Holidays & Resorts India Limited (MHRIL). This division offers holiday packages and vacation ownership memberships through its Club Mahindra brand, catering to the growing demand for leisure and travel experiences.
- Two-Wheeler Division: Mahindra Two Wheelers is a part of M&M’s automotive division, offering a range of scooters and motorcycles. The company aims to capture a share of the two-wheeler market in India and other developing countries.
Shareholding of Mahindra and Mahindra Limited
The shareholding of Mahindra & Mahindra Limited was as follows:
- Promoter and Promoter Group: 19.98%
- Foreign Institutional Investors: 27.37%
- Indian Institutional Investors: 11.46%
- Mutual Funds and UTI: 8.52%
- Retail Investors: 28.04%
- Others: 4.63%
Mahindra and Mahindra Share
Mahindra & Mahindra Limited’s shares are listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).
As of May 1, 2023, M&M’s share price on the NSE was INR 1225.10/- M&M Share 52 week high at Rs. 1397/- & 52 week low Rs.853/-. The P/E Ratio of M&M Share is 13.84 & Dividend Yield is 0.94%.
| Company Name | Mahindra and Mahindra Limited |
| Share Name | M&M |
| Sector | Automobiles |
| Founded in | 1945 |
| Headquarters | Ludhiyana |
| CEO | Dr. Anish Shah |
| Revenue | ₹ ₹91,105 crore (FY2022) |
| Market Capitalization | ₹ 1,47,000 Cr |
| Primary Exchange | NSE, BSE, |
| Official Website | Click Here |
Mahindra and Mahindra Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050
| Year | First Target | Second Target |
| 2023 | 1380 | 1430 |
| 2024 | 1450 | 1540 |
| 2025 | 1580 | 1640 |
| 2026 | 1720 | 1800 |
| 2027 | 1850 | 2040 |
| 2028 | 2110 | 2250 |
| 2029 | 2320 | 2460 |
| 2030 | 2530 | 2640 |
| 2040 | 4950 | 5200 |
| 2050 | 11300 | 12100 |
Note:- “That these share price targets for “Mahindra & Mahindra Share” are only provided for the purpose of reference and that this prediction will only hold true in the event that there is optimism in the market. Any uncertainties regarding the company or the current state of the global market will not be addressed in this analysis.”
Annual Result Summary of Mahindra and Mahindra Limited
Here is a summary of the annual financial results of M&M Limited for the fiscal year 2022 (April 2021 to March 2022):
Revenue: The company reported consolidated revenue of INR 91,105 crore, a increase of 18.8% compared to the previous year.
Profit: The M&M’s operating profit was by NA YoY during the fiscal. Operating profit margins witnessed a fall and down at 1.9% in FY22 as against 56.2% in FY21.
Earnings per share (EPS): The trailing twelve-month earnings per share (EPS) of the company stands at Rs 4.6, an improvement from the EPS of Rs -16.3 recorded last year.
Debt: As of March 31, 2022, Long-term debt down at Rs 601 million as compared to Rs 752 million during FY21, a fall of 20.0%.
EBIDTA: The company reported EBIDTA INR 9118.19 Cr for the fiscal year 2022, an increase of 11.8% compared to in the previous year.
Mahindra and Mahindra Share Price Target 2023
M & M’s automotive division produces a wide range of vehicles, including SUVs, pickup trucks, and electric cars. The company’s flagship product is the Mahindra Thar, an off-road vehicle popular in India. Mahindra & Mahindra Limited also owns the South Korean automaker SsangYong Motor.
Mahindra and Mahindra share price target 2023 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2023 | ₹1380 | ₹1430 |
Mahindra and Mahindra Share Price Target 2024
M&M’s business model relies on its ability to identify and serve various customer needs across diverse sectors. The company continues to invest in research and development, global expansion, and strategic partnerships to maintain its competitive advantage and drive growth.
Mahindra and Mahindra share price target 2024 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2024 | ₹1450 | ₹1540 |
Mahindra and Mahindra Share Price Target 2025
Mahindra & Mahindra Limited’s shares have generated an annualized return of around 16%, significantly outperforming the broader market. The company’s shares have been particularly strong performers over the past year, with the stock price up by over 30% during this period.
Mahindra and Mahindra share price target 2025 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2025 | ₹1580 | ₹1640 |
Mahindra and Mahindra Share Price Target 2026
The company has set ambitious targets for its electric vehicle segment and aims to be carbon neutral by 2040. By focusing on innovation and sustainability, Mahindra & Mahindra Limited is well-positioned to continue its growth trajectory in the coming years.
Mahindra and Mahindra share price target 2026 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2026 | ₹1720 | ₹1800 |
Mahindra and Mahindra Share Price Target 2027
Mahindra & Mahindra Limited’s future is bright, with the company focusing on developing and manufacturing EVs, promoting sustainability, and expanding its business operations through joint ventures and acquisitions. The company’s farm equipment and aerospace divisions are expected to be key drivers of growth, and Mahindra & Mahindra Limited is well-positioned to capitalize on opportunities in these sectors.
Mahindra and Mahindra share price target 2027 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2027 | ₹1720 | ₹1800 |
Mahindra and Mahindra Share Price Target 2030
Mahindra & Mahindra Limited’s future is bright, with the company focusing on developing and manufacturing EVs, promoting sustainability, and expanding its business operations through joint ventures and acquisitions. The company’s farm equipment and aerospace divisions are expected to be key drivers of growth, and Mahindra & Mahindra Limited is well-positioned to capitalize on opportunities in these sectors.
Mahindra and Mahindra share price target 2030 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2030 | ₹2530 | ₹2640 |
Joint Ventures & Subsidiaries of Mahindra & Mahindra Limited
Mahindra & Mahindra Limited has formed several joint ventures with domestic and international partners to expand its business operations. Some of the company’s notable joint ventures are:
- Mahindra Sanyo Special Steel: A joint venture between Mahindra & Mahindra Limited, Sanyo Special Steel Co. Ltd., and Mitsui & Co. Ltd. The joint venture produces high-quality steel products for automotive and other industries.
- Mahindra Renault: A joint venture between Mahindra & Mahindra Limited and Renault S.A. The joint venture produced the Logan sedan and other vehicles for the Indian market.
- Mahindra Navistar: A joint venture between Mahindra & Mahindra Limited and Navistar International Corporation. The joint venture produced commercial vehicles for the Indian market.
- Mahindra Ford: A joint venture between Mahindra & Mahindra Limited and Ford Motor Company. The joint venture was aimed at developing and manufacturing new vehicles and technologies for the Indian and global markets.
Subsidiaries of Mahindra & Mahindra Limited
Mahindra & Mahindra Limited has a diverse portfolio of businesses, with several subsidiaries in different industries. Some of the company’s notable subsidiaries are:
- Mahindra Automotive North America: A subsidiary of Mahindra & Mahindra Limited that produces off-road vehicles and pickups for the North American market.
- Mahindra Electric Mobility Limited: A subsidiary of Mahindra & Mahindra Limited that produces electric vehicles and provides charging solutions.
- Mahindra Holidays & Resorts India Limited: A subsidiary of Mahindra & Mahindra Limited that provides holiday packages and resorts.
- Mahindra Lifespace Developers Limited: A subsidiary of Mahindra & Mahindra Limited that develops and manages residential and commercial properties.
Future of Mahindra & Mahindra Limited Share
Mahindra & Mahindra Limited has a strong track record of financial performance and has been growing steadily over the years. The company is committed to innovation, sustainability, and social responsibility, and has set ambitious targets for its future growth.
Electric Vehicles
Mahindra & Mahindra Limited is focused on developing and manufacturing electric vehicles (EVs) for the Indian and global markets. The company has invested heavily in research and development to develop EV technologies, and has launched several EV models in India.The company aims to be a major player in the EV segment and has set a target of achieving annual sales of 1 million EVs by 2030. Mahindra & Mahindra Limited has also announced plans to launch EVs in international markets, including the United States and Europe.
Sustainability
Mahindra & Mahindra Limited is committed to sustainability and has set ambitious targets for reducing its carbon footprint. The company aims to be carbon neutral by 2040, and has implemented several initiatives to reduce its greenhouse gas emissions and promote sustainable business practices.The company is also focused on promoting renewable energy, and has installed several solar power plants at its manufacturing facilities.
Joint Ventures and Acquisitions
Mahindra & Mahindra Limited will continue to explore opportunities for joint ventures and acquisitions to expand its business operations. The company has a strong track record of partnering with domestic and international players to enter new markets and industries.
Farm Equipment and Aerospace
Mahindra & Mahindra Limited’s farm equipment and aerospace divisions are expected to be key drivers of the company’s future growth. The agricultural sector in India is expected to grow significantly in the coming years, and Mahindra & Mahindra Limited is well-positioned to capitalize on this growth.The aerospace division is also expected to grow, as the global aerospace industry continues to expand.
Risks Associated with Mahindra & Mahindra Limited Share
As with any business, there are several risks associated with investing in Mahindra & Mahindra Limited. Some of the key risks are:
Economic Conditions
Mahindra & Mahindra Limited operates in a highly competitive and cyclical industry. Economic conditions in India and globally can have a significant impact on the company’s business operations and financial performance.A slowdown in the Indian economy or a global economic recession can lead to lower demand for the company’s products and services, lower sales volumes, and lower revenue and net income.
Competitive Pressure
Mahindra & Mahindra Limited faces intense competition from domestic and international players in the automotive, farm equipment, aerospace, and two-wheeler sectors. Competition can lead to lower market share, lower pricing power, and lower profitability.The company needs to continue to invest in research and development, innovation, and marketing to remain competitive in the industries in which it operates.
Regulatory Environment
Changes in government policies and regulations affecting the automotive, farm equipment, aerospace, and two-wheeler industries can have a significant impact on Mahindra & Mahindra Limited’s business operations and financial performance.New regulations related to emissions, safety standards, and taxation can increase the cost of production and impact the company’s profitability.
Currency Fluctuations
Mahindra & Mahindra Limited operates in several countries and is exposed to currency fluctuations. Fluctuations in exchange rates can impact the company’s revenue, net income, and cash flows.
Dependence on Key Customers and Suppliers
Mahindra & Mahindra Limited’s business operations are dependent on key customers and suppliers. The loss of a key customer or supplier can have a significant impact on the company’s business operations and financial performance.
FAQs –
Mahindra & Mahindra Limited aims to expand its presence in electric vehicles and enter new markets. The company aims to be carbon neutral by 2040 and has set a target of producing 100,000 electric vehicles annually by 2025.
In 2023, Target of M&M share is Rs.1430/-
Mahindra and Mahindra is a well-established company with a diverse product portfolio and a strong presence in various industries like automotive, agriculture, and technology. It has consistently demonstrated growth and innovation over the years, making it a potentially good long-term investment. However, investors should consider factors such as market conditions, industry trends, and the company’s financial performance before making any decision.
Price target of M&M in 2023 is Rs.1380 to Rs.1430/-
Short Term target price of Mahindra & Mahindra is Rs.1400/-
Target Price of Mahindra & Mahindra Share in 2025 will be Rs.1580 to Rs.1640/-
In Next 5 Years, Share Price of Mahindra will Rs.2300/- (approx)
arget Price of Mahindra & Mahindra Share in 2030 will be Rs.2530 to Rs.2640/
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