Mahindra & Mahindra Limited — PPTs, 20-11-2025: Investor Presentation

Mahindra & Mahindra is firing on all cylinders, showcasing strong performance and bold future plans across its diverse businesses.

**Business Performance:** FY25 saw robust EPS of INR 115.7 and an 18% ROE. Auto revenue hit 90,825 Cr (3.2x since FY20), while Farm revenue reached 35,375 Cr (1.7x since FY20), gaining 2.2% market share. Mahindra Finance improved asset quality, cutting 90+ DPD to 3.7% with business assets at 120,000 Cr. Lifespaces' sales jumped to 832 Cr (4.2x since FY20).

**Growth Drivers & Strategy:** The strategy focuses on "Deliver Scale" through market leadership in Auto & Farm, optimizing Finance & Tech M, and rapidly growing "Growth Gems." Expansion, product leadership, and tech integration are key.

**Recent Developments:** M&M delivered 30,000 EVs, boosted Farm machinery revenue by 30%, secured a $1.1 billion Aerostructures backlog, and added 27,600 Cr in Lifespaces' Gross Development Value. Tech Mahindra saw 600 bps EBIT margin accretion since July'24.

**Outlook:** Management targets ambitious revenue growth: 8X for SUVs/LCVs, 3X for Farm, 5X for Mahindra Finance AUM, and 14X for Lifespaces sales this decade. Tech Mahindra aims for a complete turnaround by FY27. Renewable Energy projects 5X portfolio growth this decade.