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Mahindra & Mahindra Limited (M&M.BO)

BSE - BSE Real-time price. Currency in INR
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2,070.15-5.45 (-0.26%)
At close: 03:29PM IST

Mahindra & Mahindra Limited

Mahindra Towers
Dr. G. M. Bhosale Marg Worli
Mumbai 400018
91 22 2490 1441

Sector(s)Consumer Cyclical
IndustryAuto Manufacturers
Full-time employees260,000

Key executives

NameTitlePayExercisedYear born
Mr. Anand Gopal MahindraNon-Executive Chairman & Member of Group Executive Board26.44MN/A1955
Dr. Anish Dilip ShahMD, CEO, Member of the Group Executive Board & Additional Director164.4MN/A1969
Mr. Manoj BhatGroup CFO & Member of Group Executive BoardN/AN/A1974
Mr. Rajesh Ganesh JejurikarExecutive Director & CEO of Automotive and Farm Sectors & Member of Group Exe Board127.44MN/A1964
Mr. Narayan ShankarSenior VP, Compliance Officer & Company SecretaryN/AN/AN/A
Mr. Ramesh Ganesh IyerVC & MD of Mahindra & Mahindra Finan Servs, President of Financial Services Sector and GEB Mem.N/AN/A1958
Mr. Ruzbeh IraniPresident of Group Human Resources & Member of the Group Executive BoardN/AN/A1964
Mr. Kavinder SinghMD & CEO of Mahindra Holidays and Member of Group Executive BoardN/AN/A1965
Mr. Hemant SikkaPresident of Farm Sector & Member of Group Executive BoardN/AN/AN/A
Mr. Veejay Ram NakraPresident of Auto Sector & Member of Group Executive BoardN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.


Mahindra & Mahindra Limited provides mobility products and farm solutions in India and internationally. The company operates through Automotive, Farm Equipment, Financial Services, Real Estate, Hospitality, and Others segments. It offers passenger and commercial vehicles, trucks, buses, vans, cars, utility vehicles, and electric vehicles; watercrafts; motorcycles, scooters, and mopeds; manufactures, assembles, and maintains various kinds of aircrafts and aircraft components, and aerostructures; offers construction equipment, such as backhoe loaders under the Mahindra EarthMaster brand; and road construction equipment comprising motor graders under the Mahindra RoadMaster brand. It is also involved in the provision of farm equipment, including tractors; and manufacture and distribute the SMART Seeder Mini-MAX in collaboration with Clean Seed Capital Group Ltd., as well as engages in renewable energy business. Further, the company offers financial services comprising retail and other loans, SME finance, housing finance, mutual funds, and life and non-life insurance broking services, as well as vehicle and equipment financing; provides logistics services; power backup solutions, such as diesel and gas generators; and technology services, including business process services, integrated engineering services, infrastructure and cloud services, application development and maintenance services. Additionally, it engages in the sale of timeshare and vacation ownership through its resorts; develops and sells residential properties, and engages in the development, management, and operation of commercial complexes; and processing and trading of steel for automotive, non-automotive, and power industries, as well as offers agriculture products comprising seeds, crop care products, micro-irrigation products, and pumps; and exports grapes. The company was incorporated in 1945 and is based in Mumbai, India.

Corporate governance

Mahindra & Mahindra Limited’s ISS governance QualityScore as of 1 April 2024 is 7. The pillar scores are Audit: 6; Board: 7; Shareholder rights: 1; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.