SML Mahindra Limited Reports 17% Annual Sales Growth for FY26

SML Mahindra Limited (Formerly SML Isuzu Limited), a prominent manufacturer of commercial vehicles, has released its provisional sales figures for the financial year ending March 31, 2026. The company achieved a total annual sales volume of 16,632 units, marking a robust 17% growth compared to the 14,221 units sold in the previous fiscal year (FY25).

The growth was driven by both segments, with Cargo Vehicles showing a significant 28% Year-to-Date (YTD) increase, totaling 5,412 units. The Passenger Vehicles segment, which includes the company's popular bus range, also maintained steady momentum with a 12% annual growth, reaching 11,220 units.

For the month of March 2026, SML Mahindra recorded total sales of 2,457 units, a 6% increase over March 2025. While the monthly growth in cargo vehicles was modest at 2%, the passenger vehicle segment saw a healthy 8% uptick during the final month of the fiscal year. These figures reflect the company's strengthening market position and the consistent demand for its medium and light commercial vehicle (MLCV) portfolio.

Shares of SML Mahindra Limited was last trading in BSE at Rs. 3979.75 as compared to the previous close of Rs. 3792.95. The total number of shares traded during the day was 7623 in over 456 trades.

The stock hit an intraday high of Rs. 3982.55 and intraday low of 3896.00. The net turnover during the day was Rs. 30331038.00.

Source : Equity Bulls

Keywords

SMLMahindra INE294B01019 CommercialVehicles SalesVolume March2026 FY2026