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Mahindra & Mahindra Ltd. Posts 35% Profit Growth in Fy26

Mahindra & Mahindra Limited reported a 35% profit growth in FY26, driven by strong performance across its auto, farm, and services segments.

Pranab Tyagi at TradeAlone

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Mahindra & Mahindra Ltd. Posts 35% Profit Growth in Fy26 - TradeAlone

Mahindra & Mahindra Limited (M&M) reported a 35% profit growth in FY26, driven by strong performance across its auto, farm, and services segments. The consolidated PAT for FY26 stood at Rs 17,099 crore, up from Rs 12,929 crore in FY25.

Auto Sector

The auto sector saw a 27% revenue growth and a 25% increase in profits. Q4 volumes rose 21% to 307k units, including sales by LMM & MEAL. Standalone Q4 PBIT increased by 28% to Rs 2,955 crore.

Farm Sector

The farm sector maintained its market leadership with a 36% increase in volumes to 120k units. Standalone Q4 PBIT rose by 31% to Rs 1,643 crore. Consolidated Q4 revenue increased by 26% to Rs 10,022 crore.

Services Segment

The services segment delivered robust results with a 17% revenue growth to Rs 43,698 crore and a 54% increase in PAT to Rs 4,960 crore. MMFSL AUM grew by 12% and Tech Mahindra EBIT margin improved by 290 bps.

Commenting on the performance, Dr. Anish Shah, Group CEO & Managing Director, said, “FY26 has been a defining year marked by strong execution and breakthrough performance across several Group companies, despite geopolitical headwinds & several disruptions through the year.”

The company is well poised to accelerate in these uncertain times, according to the executive team.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Mahindra & Mahindra Limited

Mahindra & Mahindra Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

M&M
Consumer Cyclical › Auto Manufacturers
—
78
Fundamental
38
Technical
58
Overall

1W +1.39%
1M +19.3%
3M -2.78%
P/E: 19.3 Cap: Large
AI-Powered Analysis • TradeAlone
Download the App for in-depth analysis of this stock

Mahindra falls 11.9% over three months and has not found a floor yet. D/E of 1.43 is elevated. As a result, debt servicing will compress free cash flow in a high-rate environment. Thin margins at 8.3% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The stock gains 3.1% in the last month, recovering from the three-month slide. However, it is too early to call this a confirmed reversal. Revenue grows at 20.7% and profits at 25.3% CAGR, with D/E of 1.43. Meanwhile, the stock dips 11.9% in three months without any fundamental deterioration. Consequently, the stock quietly becomes cheaper relative to earnings power. For long-term investors, that is a feature. Check Fundamentals of Mahindra & Mahindra Limited.

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Auto Manufacturers

Tvs Motor Company Expands Brazil Operations and Reinforces Long-term Commitment

TVS Motor Company (TVSMOTOR) expands its operations in Brazil with a new flagship store and plans to increase production capacity to 130,000 units by 2027.

Reena Bhati - Tradealone

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Tvs Motor Company Expands Brazil Operations 2026

TVS Motor Company (TVSM), part of TVS VENU, the world’s third-largest two-wheeler manufacturer, today announced the next phase of its growth in Brazil, supported by increased production capacity, an expanding retail footprint, and a significant nationwide after-sales and service network. The opening of the company’s first Flagship Store in São Paulo provides a visible customer-facing proof point of this broader, long-term commitment to the Brazilian market.

New São Paulo Flagship Store

The first TVS Motor Flagship Store opens at Avenida dos Bandeirantes, 1747, Vila Olímpia, São Paulo. This new location is designed to bring the brand closer to Brazilian consumers by combining product displays, technology, and brand experience in a single environment.

Expansion Plans and Partnerships

TVS Motor’s operations in Brazil currently have an annual production capacity of approximately 110,000 units in 2026, with plans to increase capacity to 130,000 units by 2027. The planned expansion is intended to support the company’s growing commercial presence and its long-term ambition to build a sustainable business in one of the world’s leading motorcycle markets. In partnership with Mottu, TVS Motor plans to renovate existing locations and open new exclusive dealerships, initially focusing on the Southeast and Central-West regions. Three new stores are planned during 2027, bringing the brand and its portfolio closer to customers.

Through the partnership with Mottu, TVS Motor has access to a network of more than 500 points of sale and 168 service locations across Brazil. Locations authorized to service TVS models will have specialized technical teams trained by the manufacturer, supported by local spare-parts availability.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of TVS Motor Company Limited

TVS Motor Company Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

TVSMOTOR
Consumer Cyclical › Auto Manufacturers
BREAKOUT
76
Fundamental
62
Technical
69
Overall

1W +0.07%
1M +13.23%
3M +4.36%
P/E: 55.8 Cap: Large
AI-Powered Analysis • TradeAlone
Download the App for in-depth analysis of this stock

TVS posts a 7.4% three-month gain, but softens in the last few weeks. D/E reaches 3.03. High leverage in this environment is a material risk the market cannot ignore. Thin margins at 5.7% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The stock gives back 2.3% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 20.2% and profits at 31.5%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of TVS Motor Company Limited.

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Auto Manufacturers

Tvs Motor Company Limited Expands Footprint in Mauritius with New Distribution Partnership and Model Launch

TVS Motor Company Limited strengthens its presence in Mauritius with a new distribution partnership and the launch of TVS Ronin and TVS NTORQ XP.

adit chauhan author tradealone

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Tvs Motor Company Limited Tvsmotor November 2026 Expansion

TVS Motor Company Limited (TVSM), a renowned global manufacturer of two and three-wheelers, has announced a new distribution partnership with Le Warehouse in Mauritius and 361 as its reseller. This strategic move marks the introduction of two new models, TVS Ronin and TVS NTORQ XP, further solidifying TVSM’s commitment to the Mauritian market.

Strategic Partnership

The partnership with Le Warehouse and 361 aims to leverage TVSM’s manufacturing expertise with the local market knowledge of Le Warehouse and the retail presence of 361. This collaboration seeks to enhance TVSM’s connection with Mauritian customers, supporting the brand’s market growth as customer mobility needs evolve.

New Model Launch

The launch of the TVS Ronin and TVS NTORQ XP highlights the importance of the African market in TVSM’s international business strategy. The TVS Ronin features a 225.9 cc engine, dual-channel ABS, and a 14-litre fuel tank capacity. The TVS NTORQ XP, with a 124.79 cc engine and CVT automatic transmission, offers a smartXonnect connectivity feature. Both models aim to cater to a wider range of customer preferences, from everyday commuting to leisure riding.

Future Outlook

With this new partnership and the launch of the new models, TVSM aims to establish itself as an increasingly relevant choice in Mauritius’s evolving mobility landscape. The companies are focused on building on TVSM’s existing legacy in Mauritius, leveraging 361’s retail network, digital channels, and customer relationships to expand the brand’s reach and offer customers a wider choice of mobility solutions.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of TVS Motor Company Limited

TVS Motor Company Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

TVSMOTOR
Consumer Cyclical › Auto Manufacturers
BREAKOUT
76
Fundamental
62
Technical
69
Overall

1W +0.07%
1M +13.23%
3M +4.36%
P/E: 55.8 Cap: Large
AI-Powered Analysis • TradeAlone
Download the App for in-depth analysis of this stock

TVS posts a 7.4% three-month gain, but softens in the last few weeks. D/E reaches 3.03. High leverage in this environment is a material risk the market cannot ignore. Thin margins at 5.7% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The stock gives back 2.3% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 20.2% and profits at 31.5%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of TVS Motor Company Limited.

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Auto Manufacturers

Tvs Motor Company Limited Expands its Global Portfolio with TVS Callisto 110 Launch in Istanbul

TVS Motor Company Limited (TVSMOTOR) expands its global portfolio with the launch of TVS Callisto 110 in Istanbul, featuring advanced technology and enhanced.

abhinav tiwari

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Tvs Motor Company Limited Tvsmotor Global Portfolio Expansion

TVS Motor Company Limited (TVSMOTOR) has announced the expansion of its global portfolio with the launch of the TVS Callisto 110 in Istanbul. This strategic move highlights the company’s commitment to enhancing its international presence and meeting the mobility needs of urban riders worldwide. The launch event, held in partnership with Uğur Motorlu Araçlar, brought together over 50 attendees, including automobile enthusiasts and representatives from TVS Motor Company and UMA.

Advanced Technology and Comfort

The TVS Callisto 110 is equipped with a 113.3 cc, fuel-injected engine paired with a CVTi automatic transmission. Its Integrated Starter Generator enables silent starting, while the next-generation Stop-Go technology improves fuel efficiency by switching off the engine during brief stops, enhancing fuel efficiency by 10%. The scooter features a long seat in the segment, increased legroom, 12-inch alloy wheels, three-step adjustable rear shock absorbers, and Body Balance Technology. Additionally, it offers a 33-litre under-seat storage compartment, front-facing fuel filling, an all-in-one lock system, and a glove box with mobile charging.

Modern Design and Safety Features

TVS Callisto 110 is tailored to offer the best of technology and safety features, including a metal body, Follow Me Headlamp, hazard lamps, automatic turn-signal reset, and Emergency Brake Warning. It also features a fully digital colored instrument cluster with connected functions such as Bluetooth connectivity, navigation & voice assistance, and call & text notifications. Available in three attractive color options: Blue, White, and Red, the TVS Callisto 110 starts at a price of ₺ 132,600.

Commenting on the launch, Peyman Kargar, President, International Business, TVS Motor Company, said, “Türkiye is an important market in our international growth journey and we are pleased to introduce the TVS Callisto. The product has been developed around the needs of everyday urban riders, bringing together refined performance, comfort, and relevant modern design. As we continue to expand our global footprint, we remain committed to strengthening our engagement with customers while building a sustainable foundation for long-term growth in the region.”

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of TVS Motor Company Limited

TVS Motor Company Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

TVSMOTOR
Consumer Cyclical › Auto Manufacturers
BREAKOUT
76
Fundamental
62
Technical
69
Overall

1W +0.07%
1M +13.23%
3M +4.36%
P/E: 55.8 Cap: Large
AI-Powered Analysis • TradeAlone
Download the App for in-depth analysis of this stock

TVS posts a 7.4% three-month gain, but softens in the last few weeks. D/E reaches 3.03. High leverage in this environment is a material risk the market cannot ignore. Thin margins at 5.7% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The stock gives back 2.3% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 20.2% and profits at 31.5%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of TVS Motor Company Limited.

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