Mahindra Espares

Mumbai, India
Mahindra Espares is engaged in distributing automotive spare parts.
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About Mahindra Espares

Mahindra Espares is a Transportation, Automotive & Logistics company based in Mumbai (India). Mahindra Espares is engaged in distributing automotive spare parts. It operates on a Direct-to-Consumer (D2C) model. Mahindra Espares has completed 1 acquisition, including Pininfarina. Its Indian entity Mahindra And Mahindra Limited reported revenue of ₹204,049 Cr. Mahindra Espares offers products and services including Espare App. Its focus areas include Automotive, Spare Parts and Distribution.

Company details

Mahindra Espares, a division of Mahindra and Mahindra Ltd., is focused on the distribution of automotive spare parts across India. The company provides solutions through its digital platform, including the Espare App, available on Google Play and App Store. Operations are centered in the automotive sector, supporting vehicle maintenance and repair needs.

Operational Areas
Transportation, Automotive & Logistics → Automotive Retail & Aftersales
Key Metrics
  • Annual Revenue
    ₹204,049 Cr

    FY 2026 · +25% YoY

  • Net Profit
    ₹17,313 Cr

    FY 2026 · 8% margin

  • EBITDA
    ₹36,687 Cr

    FY 2026 · 18% margin

  • Investments & Acquisitions
    Pininfarina

Products & Services of Mahindra Espares

Mahindra Espares offers a comprehensive portfolio of products and services, including Espare App.

Espare App
Mobile Application

An app for accessing Mahindra spare parts easily.

Board of directors of Mahindra And Mahindra Limited (Mahindra Espares)

Mahindra And Mahindra Limited is the primary company behind Mahindra Espares. The board of Mahindra And Mahindra Limited currently have 11 directors; the longest-serving is Anand Gopal Mahindra, appointed in 2010. 27 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Anand Gopal Mahindra
DIN 00004695
Director01 Aug 201016 yrs 3 moMahindra And Mahindra Limited
Shikha Sanjaya Sharma
DIN 00043265
Director08 Aug 20197 yrs 2 moMahindra And Mahindra Limited
Rajesh Ganesh Jejurikar
DIN 00046823
Whole-time director07 Aug 20206 yrs 2 moMahindra And Mahindra Limited
Anish Dilip Shah
DIN 02719429
Managing Director07 Aug 20206 yrs 2 moMahindra And Mahindra Limited
Nisaba Godrej
DIN 00591503
Director08 Aug 20206 yrs 2 moMahindra And Mahindra Limited
Muthiah Murugappan
DIN 07858587
Director08 Aug 20206 yrs 2 moMahindra And Mahindra Limited
Ranjan Pant
DIN 00005410
Director17 May 20242 yrs 5 moMahindra And Mahindra Limited
Padmasree Warrior
DIN 10387032
Director17 May 20242 yrs 5 moMahindra And Mahindra Limited
Sat Pal Bhanoo
DIN 10482731
Nominee Director17 May 20242 yrs 5 moMahindra And Mahindra Limited
Muthu Raju Paravasa Raju Vijay Kumar
DIN 05170323
Director07 Oct 20251 yrMahindra And Mahindra Limited
Samina Hamied
DIN 00027923
Director07 Oct 20251 yrMahindra And Mahindra Limited

Financials of Mahindra Espares

Figures of Mahindra And Mahindra Limited, the primary company behind Mahindra Espares, for FY 2026. Revenue was ₹204,049 Cr (+25% year on year). Net profit was ₹17,313 Cr (8% margin). EBITDA was ₹36,687 Cr (18% margin). Revenue has grown at a compounded annual rate of +18% over three years and +22% over five years.

  • ₹204,049 CrRevenue · FY 2026 · +25% YoY
  • ₹17,313 CrNet profit · 8% margin
  • ₹36,687 CrEBITDA · 18% margin
  • ₹622 CrPaid-up capital
  • 20,869Employees (provident fund records)
  • +18%Revenue CAGR, 3 years
  • +22%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Mahindra And Mahindra Limited are on its company page.

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Detailed financial statements for Mahindra Espares

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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Mahindra Espares

Mahindra Espares has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Pininfarina.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Pininfarina
Cars are manufactured and marketed by Pininfarina.
pininfarina.itCambiano, Italy1930Dec 2015$185M
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Complete acquisition details for Mahindra Espares

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Top companies in Automotive Retail & Aftersales

3 companies that operate in the same segment as Mahindra Espares (Automotive Retail & Aftersales) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Digit Insurance
General and life insurance products are provided across multiple categories.
2016Bengaluru, Karnataka, IndiaUSD 462.45 MUSD 1.12 B4,589
ACKO
Insurance products for vehicles, health, travel, and life are offered.
2016Bengaluru, Karnataka, IndiaUSD 746.17 MUSD 216.04 M1,306
Spinny
Retailer of inspected, certified pre-owned vehicles with service and finance options
2015Gurugram, Haryana, IndiaUSD 741.46 MUSD 446.48 M5,812
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Frequently Asked Questions about Mahindra Espares

Mahindra Espares is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

The primary company behind Mahindra Espares, Mahindra And Mahindra Limited, reported revenue of ₹204,049 Cr for FY 2026, up 25% year on year.

Mahindra Espares, a division of Mahindra and Mahindra Ltd., is focused on the distribution of automotive spare parts across India. The company provides solutions through its digital platform, including the Espare App, available on Google Play and App Store. Operations are centered in the automotive sector, supporting vehicle maintenance and repair needs.

Mahindra Espares offers Espare App.

Mahindra Espares has made 1 acquisition, including Pininfarina.

Mahindra Espares operates through Mahindra And Mahindra Limited.

The legal entities of Mahindra Espares currently have 13 directors, including Rajesh Ganesh Jejurikar, Nisaba Godrej, Muthiah Murugappan and others.

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