Tech Mahindra EBIT Margin Target: 15% by FY27-end
Current EBIT margins at 14.4% with clear path to 15% target. Management will then outline next phase of margin expansion journey.
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Mahindra And Mahindra · forward-looking guidance across the available source record.
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Auto Capacity Expansion: 64K to 82K by FY27-end
September 2026: ICE SUV capacity to 60K/month, EV capacity to 8K, total 68K. End FY27: ICE to 70K, EV to 12K, total 82K. Nagpur facility to add 20K in two phases by calendar 2029 for 2x total capacity.
Mahindra Lifespaces Pre-sales Target: ₹10,000Cr by FY30
Current GDP pipeline at ₹50,000Cr (from ₹8,000Cr in FY20). Strategy focuses on three cities (Mumbai, Pune, Bangalore) representing 55% of national volume, premiumization over affordable housing.
Mahindra Finance Book Target: ₹3 Lakh Cr by 2031
Current lending book at ₹1.5 lakh Cr. Target 70:30 wheels to non-wheels mix by 2031 from current 83:17. Targeting ROAS of 2.2-2.5 range to maintain group ROE standards.
SUV growth mid-to-high teens in FY27
Management expects SUV volume growth of 15-18% for FY27, driven by strong demand and capacity expansion.
Tractor industry growth mid-single digit in FY27
Tractor industry expected to grow around 5% in FY27, with M&M gaining market share through product upgrades.
AI to deliver ₹4,100 crore revenue impact by FY27
AI transform projects expected to contribute ₹4,100 crore in revenue, 2-3 ppt customer satisfaction improvement, and 10% reduction in product development time.
EV PBIT positive for full year FY26
Mahindra Electric achieved PBIT profit of ₹287 crore for FY26 including contract manufacturing, ahead of expectations.