Mahindra & Mahindra: rating update from CARE Ratings
Mahindra & Mahindra (M&M) said CARE Ratings has reaffirmed its credit rating. The company is valued at about ₹3.68 lakh crore.
What happened
Mahindra & Mahindra (M&M) told the exchanges on 4 November 2026 at 07:45 PM that CARE Ratings has reaffirmed its credit rating.
Company snapshot
Mahindra & Mahindra is a large-cap company in the Automobile and Auto Components sector, with a market value of about ₹3.68 lakh crore.
The stock last traded at ₹2,961.9, against a 52-week range of ₹2,744.3–₹3,839.9 (22.9% below the high).
Before this filing the shares had moved +1.7% over the month and −15.8% over three months. Average daily turnover over the last 20 sessions was about ₹652 crore.
Promoters held 18.45% at the end of Q1 FY27; 0.02% of promoter shares were pledged. Foreign institutions owned 34.89% and domestic institutions 32.65%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 45,529 | 4,083.3 | 36.58 |
| Q2 FY26 | 46,106 | 3,673.3 | 32.9 |
| Q3 FY26 | 52,100 | 4,674.6 | 41.85 |
| Q4 FY26 | 54,982 | 4,667.6 | 41.77 |
| Q1 FY27 | 58,188 | 5,454.5 | 48.8 |
What history shows
BCEIE's records show 4 previous credit rating filings from the company since May 2026.
After those filings, the stock fell 1.6% on average the next trading day and was down 4.4% on average after five days (4 filings with price data).
Across 42 similar disclosures by other Automobile and Auto Components companies, shares moved −0.1% on average the next day and +0.1% over five days; 43% of them rose the next day.
Market-wide, 1,411 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 28 Sept 2026 | Please refer enclosed file. | −2.9% | −5.8% |
| 28 Sept 2026 | Credit Rating | −2.9% | −5.8% |
| 18 Sept 2026 | Credit Rating | −0.2% | −1.9% |
| 7 Sept 2026 | Credit Rating | −0.3% | −4.1% |
What to watch
- Whether other agencies take a similar view on the company's credit.
- 5 November 2026: Board meeting — Financial Results/Other business matters.
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.