Starting as a steel trading venture in 1945 by the name of Mahindra & Muhammad, the Mahindra & Mahindra group has come a long way today. Following its motto ‘To Rise’, the M&M group has expanded its operations to 22 industries in 100+ countries and is a leading multinational automotive manufacturing company.
About Anand Mahindra
Born in 1955 in Mumbai, Anand Mahindra is the 3rd gen scion of the Mahindra group. His grandfather, Jagdish Mahindra, co-founded the Mahindra brand along with his brother K.C. Mahindra and Malik Ghulam Muhammad in Ludhiana. However, after the partition, Ghulam Muhammad moved to Pakistan, and the company was rechristened Mahindra & Mahindra.
Anand Mahindra started his M&M journey as an Executive Assistant in Mahindra Ugine Steel Company Ltd (MUSCO), after completing his MBA from Harvard. He quickly scaled the ranks to become President and Deputy Managing Director in 8 years. Today, he holds the position of non-executive Chairman in the Mahindra group.
Mahindra & Mahindra Group Companies
Anand Mahindra has been instrumental in turning M&M into a market leader in the tractor and light commercial vehicle segment. The M&M group also enjoys a strong presence in IT, financial services, vacation ownership, renewable energy, agribusiness, logistics, aerospace, and real estate development. It also manages India’s first integrated township in Chennai.
The group has 9 listed companies which have been elaborated on below.
|Company||Industry/Sector||CMP (Rs.)||Market Cap (Rs. Crs)||YTD (%)|
|Mahindra & Mahindra||Automobiles||1306.65||162,441||56.08|
|Swaraj Engines (SEL)||Engines||1825.30||2,216||12.80|
|Tech Mahindra||IT Software||1060.15||103,169||-40.79|
|Mahindra Lifespace Developers||Construction||470.60||7,272||93.98|
|Mahindra Holidays and Resorts India||Hotels||292.55||5,880||55.69|
|Mahindra CIE Automotive||Castings & Forgings||278.10||10,548||18.74|
|Mahindra & Mahindra Financial Services||Finance||223.75||27,644||50.22|
|Mahindra EPC Irrigation||Plastics||108.50||302||-7.97|
As of 21/09/2022
Mahindra & Mahindra (M&M)
Established in 1945, Mahindra & Mahindra, an Indian automotive manufacturing company, is the world’s largest tractor manufacturer by volume. M&M’s other business segments include farm equipment, utility vehicles, IT, and financial services. It has also launched the world’s 1st electric hypercar ‘Pininfarina Battista.’
The M&M share price has gained over 76% in the past year. M&M’s stock price has grown at 14.9% CAGR in the last 5-yr period, outperforming the Nifty Auto index.
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Swaraj Engines (SEL)
Initially, an associate, Swaraj Engines, a manufacturer of diesel engines and components for the farm equipment sector, has now become a subsidiary of M&M. Promoted in 1985, by erstwhile Punjab Tractors, which has since merged with M&M, and Kirloskar Industries, it is headquartered in Mohali.
SEL’s net profit was up 17.5% YoY in Q1FY23. The Swaraj Engines share price surged 13% to hit a new 52-week high on September 21 of Rs. 1,962 after M&M announced another 17.41% stake purchase in SEL.
Do check out the share price of Swaraj Engines on Angel One before investing.
Tech Mahindra (TechM)
Headquartered in Pune, Tech Mahindra is a leading telecom-focused provider of IT services and solutions. TechM also caters to BFSI, manufacturing, and retail sectors.
TechM has grown at a CAGR of 6.6% over the past five years. It acquired 11 entities in FY22 and plans to improve valuations on the back of even more deals. The TechM share price has grown ~2.6x over the past 5 years.
Do check out the share price of Tech Mahindra on Angel One before investing.
Mahindra Logistics (MLL)
Founded in 2007, Mahindra Logistics is an end-to-end 3PL logistics and mobility solutions provider. It caters to over 400 companies through its two business segments: supply chain management (SCM), which accounts for nearly 96% of its revenues and enterprise mobility.
The Mahindra Logistics share price returned over 6% in the past month. MLL continues to diversify its revenue streams by investing in warehousing space additions.
Check out the share price of Mahindra Logistics on Angel One before investing.
Mahindra Lifespace Developers (MLD)
Mahindra Lifespace Developers is a real estate and infrastructure development company headquartered in Mumbai. MLD is engaged in developing residential projects, industrial clusters, and integrated cities.
MLD aims to achieve a sales value of Rs. 2500 crores by FY25. The Mahindra Lifespace Developers’ share price has accelerated by over 74% and 263% in the past year and 3-year period, respectively.
Check out the share price of Mahindra Lifespace Developers on Angel One before investing.
Mahindra Holidays and Resorts India (MHRIL)
Started in 1996, Mahindra Holidays, the owner of the flagship brand ‘Club Mahindra’, offers quality family holidays through vacation ownership memberships.
The Mahindra Holidays share price has been on a roll this year, returning 12% in the past month and 23% in the last year. MHRIL’s June 22 quarterly profits have risen by 238% with the economy opening post covid.
Want to invest in Mahindra Holidays? Check out the share price of Mahindra Holidays on Angel One.
Mahindra CIE Automotive (MCAL)
Erstwhile Mahindra Forgings, Mahindra CIE Automotive, part of Spain-based CIE Automotive, is engaged in the business of manufacturing engine and chassis forged components for cars & utility vehicles, commercial vehicles, agriculture & off-road vehicles, and two-wheelers.
The Mahindra CIE Automotive share price has been soaring to new heights, returning 35% in the last 3 months and 24% in the past year. MHRIL’s June 22 quarterly profits are up by 38% YOY to Rs. 136 crores.
Check out the share price of Mahindra CIE Automotive on Angel One before investing.
Mahindra & Mahindra Financial Services (MMFSL)
Headquartered in Mumbai, Mahindra & Mahindra Financial Services is an Indian rural NBFC that was founded in 1991. It is amongst the top tractor financers in India. Other product offerings include housing finance, SME financing, personal loans, insurance broking, construction equipment loan etc.
MMFSL recorded over 115% growth YOY in June’22’s net profit. This growth momentum is expected to sustain with increased disbursements. The Mahindra & Mahindra Financial Services share price has zoomed over 15% in the last month.
Do check out the share price of Mahindra & Mahindra Financial Services on Angel One before investing.
Mahindra EPC Irrigation
A pioneer of micro irrigation, Mahindra EPC Irrigation, manufactures and supplies components of drip and sprinkler irrigation systems. It was started in 1986 with French technology support.
The Mahindra EPC Irrigation share price has returned over 18% in the past 3 months but has mostly waded into the negative territory this year. This is because the company continued to post losses of Rs. 6 crores in Q1FY23, an 87% fall YOY.
Track the share price of Mahindra EPC Irrigation on Angel One before investing.
With a continued foray into sunrise industries, including renewable energy, aerospace, and EV, the Mahindra group has come a long way from its steel trading days. The $19 billion group continues to elicit strong demand and is well on track to continue ‘to rise’ even more. You must remember to open a Demat account with a trusted brand like Angel One before you start trading online.