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Mahindra & Mahindra Limited (M&M.BO)

BSE - BSE Real-time price. Currency in INR
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2,886.85+75.60 (+2.69%)
At close: 03:49PM IST

Mahindra & Mahindra Limited

Mahindra Towers
Dr. G. M. Bhosale Marg Worli
Mumbai 400018
India
91 22 2490 1441
https://www.mahindra.com

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

Key executives

NameTitlePayExercisedYear born
Mr. Anand Gopal MahindraNon-Executive Chairman & Member of Group Executive Board51.5MN/A1955
Dr. Anish Dilip ShahMD, Group CEO, Member of the Group Executive Board & Director242.22MN/A1969
Mr. Rajesh Ganesh JejurikarExecutive Director & CEO of Automotive and Farm Sectors & Member of Group Exe Board192.48MN/A1964
Mr. Manoj BhatMember of Group Executive BoardN/AN/A1973
Mr. Narayan ShankarCompliance Officer & Company SecretaryN/AN/AN/A
Mr. Amarjyoti BaruaPresident & Group Chief Financial Officer & Member of Executive BoardN/AN/A1978
Mr. Ruzbeh IraniPresident of Group Human Resources & Member of the Group Executive BoardN/AN/A1963
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
Mr. Vinod SahayPresident of Aerospace & Defence, CPO of Auto & Farm Sectors and Member of Group Executive BoardN/AN/AN/A
Amounts are as of 31 December 2024, 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.

Description

Mahindra & Mahindra Limited provides mobility products and farm solutions in India and internationally. It operates through Automotive, Farm Equipment, Financial Services, Real Estate, Hospitality, and Others segments. The company offers commercial vehicles, trucks, buses, vans, passenger cars, utility vehicles, and electric vehicles (EV), as well as motorcycles; aero and defense products; offers construction equipment, such as rotaries, tillers, loaders, and backhoes 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 under the Mahindra, Swaraj, and Trakstar brands, as well as farm mechanization solutions, such as rotavators, cultivators, harvesters, rice transplanters, balers, sprayers, and implements and attachments; and renewable energy business comprising installation of EV chargers and provision of Li-ion batteries. In addition, the company offers financial services, such as fixed deposits, retail and other loans, leasing, 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, including diesel and gas generators; and technology services comprising business process, integrated engineering, infrastructure and cloud, network, application development and maintenance, supply chain digital transformation, and design services. Further, 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. The company was incorporated in 1945 and is headquartered in Mumbai, India.

Corporate governance

Mahindra & Mahindra Limited’s ISS governance QualityScore as of 1 July 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.