Sml Mahindra Limited - automotive in Nawanshahr, Punjab, India. FY 2026 financials and compliance.
CIN L50101PB1983PLC005516 Incorporated 26 July 1983 ROC Chandigarh HQ Nawanshahr, Punjab, India
Active Listed - NSE: SMLISUZU · BSE: 505192 Public Limited Company automotive
Data last updated
Revenue · FY 2026
₹2,837.92 Cr
▲ 18.3% YoY
EBITDA · FY 2026
₹286.72 Cr
▲ 19.16% YoY
Net profit · FY 2026
₹159.75 Cr
▲ 31.3% YoY
Authorised capital
₹40 Cr
Registered with MCA
Paid-up capital
₹14.47 Cr
Issued & subscribed
Open charges
₹632.29 Cr
Satisfied ₹551.67 Cr
Company age
43 yrs
Est. 1983
Employees · EPFO
1,009
Latest available

About Sml Mahindra Limited

Data last updated: 15 December 2025

Sml Mahindra Limited is a public limited company based in Nawanshahr, Punjab, India. It specialises in commercial vehicles and fleet, a part of the broader automotive sector. Incorporated on 26 July 1983, the company has been in operation for over 43 years.

Registered with ROC Chandigarh under CIN L50101PB1983PLC005516. Listed on BSE: 505192 and NSE: SMLISUZU.

Capital: an authorised share capital of ₹40 Cr and a paid-up capital of ₹14.47 Cr. Formerly known as Swaraj Vehicles Limited and Swaraj Mazda Limited. It is led by directors including Junya Yamanishi and Ravi Venkatraman.

Last AGM: 20 September 2024. Financial statements filed for year ended 31 March 2024. Office: Village Asron District Nawanshahr, Punjab, India – 144533.

As per the financials filed for FY 2025, the company reported a revenue of ₹2,405.05 Cr, a growth of 9% compared to the previous year.

The company has a workforce of approximately 1,009 employees as per the latest available data.

The company is associated with 1 brand - Sml Isuzu. As per MCA filings, the company has open charges of ₹632.29 Cr and satisfied charges of ₹551.67 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website smlisuzu.com.

Company Details of Sml Mahindra Limited
CIN L50101PB1983PLC005516
Registration Number 005516
Incorporation Date 26 July 1983
ROC Chandigarh
Listing Status Listed (BSE: 505192, NSE: SMLISUZU)
Company Status Active
Date of Last AGM 20 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
  • Social Media
  • Registered Address
    Village Asron District Nawanshahr, Punjab, India – 144533
  • Industry
    Automotive, Commercial Vehicles & Fleet
Company report
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Financials, compliance, directors, charges, ownership and filings for Sml Mahindra Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Sml Mahindra Limited

Sml Mahindra Limited has undergone 3 name changes throughout its history. The company was previously known as Swaraj Vehicles Limited, Swaraj Mazda Limited, and Sml Mahindra Limited. The current legal name is Sml Mahindra Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Sml Mahindra Limited Current
Swaraj Vehicles Limited Previous
Swaraj Mazda Limited Previous

CIN History of Sml Mahindra Limited

Sml Mahindra Limited has one previous CIN (Corporate Identification Number): U50101PB1983PLC005516. The current CIN is L50101PB1983PLC005516, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L50101PB1983PLC005516 Current
U50101PB1983PLC005516 Previous

Associated Brands with Sml Mahindra Limited

Sml Mahindra Limited operates one associated brand: SML Isuzu. These brands represent Sml Mahindra Limited's diversified market presence and brand portfolio.

Brand Description Website
Commercial vehicles including buses, trucks, and ambulances are manufactured. smlisuzu.com

Competitors & Alternatives of Sml Mahindra Limited

Brands and companies operating in the same space as Sml Mahindra Limited include Ford, Eicher Motors, Infraprime Logistics Technologies and 3 more.

Competitor Description Location Founded
Ford Ford Automobiles and commercial vehicles are manufactured by Ford. United States 1903
Eicher Motors Eicher Motors Commercial vehicles and two-wheelers are manufactured by Eicher Motors. Gurugram, India, India 1948
Infraprime Logistics Technologies Infraprime Logistics Technologies Electric heavy-duty trucks are developed for logistics and construction sectors. Gurugram, India, India 2017
Greaves Electric Mobility Greaves Electric Mobility Manufacturer of electric two and three-wheelers for personal and commercial use Bengaluru, India, India 2008
Olectra Olectra Electric buses and transmission insulators are developed by Olectra. Hyderabad, India, India 2000
Motovolt Motovolt Electric bicycles with advanced features are developed by Motovolt. Kolkata, India, India 2019

Business Activity of Sml Mahindra Limited

Sml Mahindra Limited is engaged in the principal business activity of manufacturing, with detailed activities including motor vehicles, trailers, semi trailers and other transport vehicles.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C11 Motor vehicles, trailers, semi trailers and other Transport Vehicles *********

Auditor Details of Sml Mahindra Limited

Sml Mahindra Limited is audited by M/s B S R & Co. LLP (ICAI peer reviewed, certificate valid till 2028-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
M/s B S R & Co. LLP (ICAI peer reviewed, certificate valid till 2028-07-31) FY 2026 Declaration of unmodified opinion

Board of Directors of Sml Mahindra Limited

Sml Mahindra Limited is currently managed by 14 directors, with 59 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Junya Yamanishi Managing Director 20 May 2021 5 Years 1 Months Current
Ravi Venkatraman Director 01 Aug 2025 0 Years 11 Months Current
Ryusuke Miyake Director 01 Apr 2024 2 Years 3 Months Current
Chandra Shekhar Verma Director 22 Sep 2019 6 Years 9 Months Current
Vinod Kumar Sahay Whole-Time Director 01 Aug 2025 0 Years 11 Months Current
Smita Piyush Mankad Director 01 Aug 2025 0 Years 11 Months Current
Showing 6 of 14 current directors. View all directors

Financials of Sml Mahindra Limited FY 2026 filings available

Sml Mahindra Limited reported revenue of ₹2,837.92 Cr (up 18.3% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹2,837.92 Cr ▲ 18.3%
Profit · FY 2026
₹159.75 Cr ▲ 31.3%
EBITDA · FY 2026
₹286.72 Cr ▲ 19.16%
Revenue₹ Cr · Standalone01,0002,0003,000FY 2020: ₹1,154 Cr1,154FY 2020FY 2021: ₹591 Cr · -48.8% YoY591-48.8%FY 2021FY 2022: ₹924 Cr · +56.2% YoY924+56.2%FY 2022FY 2023: ₹1,822 Cr · +97.1% YoY1,822+97.1%FY 2023FY 2024: ₹2,196 Cr · +20.6% YoY2,196+20.6%FY 2024FY 2025: ₹2,399 Cr · +9.2% YoY2,399+9.2%FY 2025FY 2026: ₹2,838 Cr · +18.3% YoY2,838+18.3%FY 2026
Net Profit₹ Cr · Standalone-200-1000100200FY 2020: ₹21 Cr (loss)-21.1FY 2020FY 2021: ₹133 Cr (loss) · -533.9% YoY-133FY 2021FY 2022: ₹100 Cr (loss) · +25.3% YoY-99.8FY 2022FY 2023: ₹20 Cr · +119.9% YoY19.8+119.9%FY 2023FY 2024: ₹108 Cr · +444% YoY108+444%FY 2024FY 2025: ₹122 Cr · +12.8% YoY122+12.8%FY 2025FY 2026: ₹160 Cr · +31.3% YoY160+31.3%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year05001,000Q1'25: ₹746 Cr · +18.1% YoY746+18.1%Q1'25Q2'25: ₹550 Cr · +10.3% YoY550+10.3%Q2'25Q3'25: ₹332 Cr · -14.1% YoY332-14.1%Q3'25Q4'25: ₹771 Cr · +13.5% YoY771+13.5%Q4'25Q1'26: ₹846 Cr · +13.4% YoY846+13.4%Q1'26Q2'26: ₹555 Cr · +1% YoY555+1%Q2'26Q3'26: ₹539 Cr · +62.5% YoY539+62.5%Q3'26Q4'26: ₹898 Cr · +16.4% YoY898+16.4%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹2,837.92 Cr ₹2,398.99 Cr ₹2,195.93 Cr ₹1,821.59 Cr ₹924.17 Cr ₹591.48 Cr ₹1,154.16 Cr
Other Income ₹8.32 Cr ₹6.06 Cr ₹5.41 Cr ₹3.12 Cr ₹5.96 Cr ₹4.49 Cr ₹5.14 Cr
Total Income ₹2,846.24 Cr ₹2,405.05 Cr ₹2,201.34 Cr ₹1,824.71 Cr ₹930.13 Cr ₹595.97 Cr ₹1,159.3 Cr
Cost of Materials Consumed ₹2,139.16 Cr ₹1,726.48 Cr ₹1,754.81 Cr ₹1,491.83 Cr ₹723.98 Cr ₹440.92 Cr ₹683.18 Cr
Purchases of Stock-in-Trade ₹100.04 Cr ₹87.85 Cr ₹78.41 Cr ₹78.48 Cr ₹54.4 Cr ₹37.17 Cr ₹59.93 Cr
Changes in Inventories -₹72.2 Cr ₹7.79 Cr -₹135.89 Cr -₹109.12 Cr -₹20.92 Cr -₹7.42 Cr ₹161.11 Cr
Employee Benefit Expense ₹227.58 Cr ₹206.26 Cr ₹195.69 Cr ₹172.45 Cr ₹132.78 Cr ₹133.47 Cr ₹155.15 Cr
Finance Costs ₹20.74 Cr ₹29.88 Cr ₹30.35 Cr ₹25.05 Cr ₹21.51 Cr ₹23.34 Cr ₹14.63 Cr
Depreciation & Amortisation ₹52.03 Cr ₹48.35 Cr ₹47.52 Cr ₹42.43 Cr ₹43.52 Cr ₹46.17 Cr ₹40.72 Cr
Other Expenses ₹164.94 Cr ₹136.06 Cr ₹124 Cr ₹106.31 Cr ₹75.13 Cr ₹55.69 Cr ₹82.9 Cr
Total Expenses ₹2,632.29 Cr ₹2,242.67 Cr ₹2,094.89 Cr ₹1,807.43 Cr ₹1,030.4 Cr ₹729.34 Cr ₹1,197.62 Cr
Profit Before Exceptional Items & Tax ₹213.95 Cr ₹162.38 Cr ₹106.45 Cr ₹17.28 Cr -₹100.27 Cr -₹133.37 Cr -₹38.32 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹213.95 Cr ₹162.38 Cr ₹106.45 Cr ₹17.28 Cr -₹100.27 Cr -₹133.37 Cr -₹38.32 Cr
Total Tax Expense ₹54.2 Cr ₹40.71 Cr -₹1.43 Cr -₹2.55 Cr -₹51 Lakh ₹12 Lakh -₹17.26 Cr
Net Profit ₹159.75 Cr ₹121.67 Cr ₹107.88 Cr ₹19.83 Cr -₹99.76 Cr -₹133.49 Cr -₹21.06 Cr
Other Comprehensive Income ₹2.98 Cr -₹1.44 Cr -₹24 Lakh -₹3.37 Cr ₹5.68 Cr ₹4.19 Cr -₹2.42 Cr
Total Comprehensive Income ₹162.73 Cr ₹120.23 Cr ₹107.64 Cr ₹16.46 Cr -₹94.08 Cr -₹129.3 Cr -₹23.48 Cr
EBITDA (computed) ₹286.72 Cr ₹240.61 Cr ₹184.32 Cr ₹84.76 Cr -₹35.24 Cr -₹63.86 Cr ₹17.03 Cr
Basic EPS ₹110.39 ₹84.08 ₹74.54 ₹13.71 ₹-68.94 ₹-92.24 ₹-14.55
Diluted EPS ₹110.39 ₹84.08 ₹74.54 ₹13.71 ₹-68.94 ₹-92.24 ₹0.00
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹1,396.78 Cr ₹1,299.41 Cr ₹1,212.52 Cr ₹936.56 Cr
Non-current Assets ₹408.06 Cr ₹396.12 Cr ₹387.91 Cr ₹398.4 Cr
Current Assets ₹988.72 Cr ₹903.29 Cr ₹824.61 Cr ₹538.16 Cr
Property, Plant & Equipment ₹291.19 Cr ₹263.45 Cr ₹267.2 Cr ₹275.31 Cr
Inventories ₹660.68 Cr ₹577.99 Cr ₹579.73 Cr ₹421.89 Cr
Trade Receivables ₹270.21 Cr ₹265.25 Cr ₹168.97 Cr ₹75.75 Cr
Cash & Equivalents ₹4.51 Cr ₹3.1 Cr ₹34.82 Cr ₹3.49 Cr
Equity (Net Worth) ₹519.34 Cr ₹382.66 Cr ₹285.59 Cr ₹177.95 Cr
Equity Share Capital ₹14.48 Cr ₹14.48 Cr ₹14.48 Cr ₹14.48 Cr
Borrowings (Non-current) ₹10.65 Cr ₹62.55 Cr ₹40.35 Cr ₹16.52 Cr
Borrowings (Current) ₹269.5 Cr ₹259.23 Cr ₹375.3 Cr ₹241.59 Cr
Total Debt (computed) ₹280.15 Cr ₹321.78 Cr ₹415.65 Cr ₹258.11 Cr
Current Liabilities ₹789.71 Cr ₹771.7 Cr ₹819.55 Cr ₹684.96 Cr
Total Liabilities ₹877.44 Cr ₹916.75 Cr ₹926.93 Cr ₹758.61 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹156.19 Cr ₹177.48 Cr -₹49.68 Cr ₹90.06 Cr -₹18.61 Cr
Investing Cash Flow -₹65.83 Cr -₹60.94 Cr -₹45.8 Cr -₹42.08 Cr -₹6.95 Cr
Financing Cash Flow -₹88.95 Cr -₹148.26 Cr ₹126.81 Cr -₹55.16 Cr ₹17.42 Cr
Capital Expenditure ₹70.33 Cr ₹61.98 Cr ₹42.43 Cr ₹41.3 Cr ₹19.02 Cr
Free Cash Flow (computed) ₹85.86 Cr ₹115.5 Cr -₹92.11 Cr ₹48.76 Cr -₹37.63 Cr
Dividends Paid ₹25.84 Cr ₹23.24 Cr ₹28 Lakh ₹21 Lakh ₹11 Lakh
Net Change in Cash ₹1.41 Cr -₹31.72 Cr ₹31.33 Cr -₹7.18 Cr -₹8.14 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹897.65 Cr ₹539.27 Cr ₹555.11 Cr ₹845.89 Cr ₹771.38 Cr ₹331.8 Cr ₹549.71 Cr ₹746.1 Cr ₹679.6 Cr ₹386.13 Cr ₹498.59 Cr ₹631.61 Cr
Other Income ₹2.58 Cr ₹1.56 Cr ₹2.12 Cr ₹2.06 Cr ₹1.72 Cr ₹1.63 Cr ₹1.55 Cr ₹1.16 Cr ₹2.02 Cr ₹97 Lakh ₹22 Lakh ₹2.2 Cr
Total Income ₹900.23 Cr ₹540.83 Cr ₹557.23 Cr ₹847.95 Cr ₹773.1 Cr ₹333.43 Cr ₹551.26 Cr ₹747.26 Cr ₹681.62 Cr ₹387.1 Cr ₹498.81 Cr ₹633.81 Cr
Cost of Materials Consumed ₹624.22 Cr ₹496.57 Cr ₹448.05 Cr ₹570.32 Cr ₹539.59 Cr ₹341.08 Cr ₹362.69 Cr ₹483.12 Cr ₹498.1 Cr ₹412.41 Cr ₹449.76 Cr ₹394.54 Cr
Purchases of Stock-in-Trade ₹27 Cr ₹22.68 Cr ₹24.14 Cr ₹26.22 Cr ₹24.68 Cr ₹18.75 Cr ₹21.39 Cr ₹23.03 Cr ₹20.44 Cr ₹17.78 Cr ₹21.48 Cr ₹18.71 Cr
Changes in Inventories ₹53.19 Cr -₹119.29 Cr -₹52.18 Cr ₹46.08 Cr ₹17.15 Cr -₹121.12 Cr ₹40.11 Cr ₹71.65 Cr -₹3.2 Cr -₹140.98 Cr -₹86.97 Cr ₹95.26 Cr
Employee Benefit Expense ₹53.71 Cr ₹59.17 Cr ₹56.73 Cr ₹57.97 Cr ₹52.66 Cr ₹50.41 Cr ₹48.95 Cr ₹54.24 Cr ₹50.41 Cr ₹49.49 Cr ₹47.27 Cr ₹48.52 Cr
Finance Costs ₹6.99 Cr ₹5.79 Cr ₹2.87 Cr ₹5.09 Cr ₹8.93 Cr ₹7.1 Cr ₹5.75 Cr ₹8.1 Cr ₹10.72 Cr ₹7.88 Cr ₹6.53 Cr ₹5.22 Cr
Depreciation & Amortisation ₹13.37 Cr ₹13.34 Cr ₹12.89 Cr ₹12.43 Cr ₹12.09 Cr ₹12.11 Cr ₹12.07 Cr ₹12.08 Cr ₹12.1 Cr ₹12.04 Cr ₹11.74 Cr ₹11.64 Cr
Other Expenses ₹49.15 Cr ₹39.05 Cr ₹36.45 Cr ₹40.29 Cr ₹46.86 Cr ₹24.35 Cr ₹31.77 Cr ₹33.08 Cr ₹42.65 Cr ₹25.63 Cr ₹27.85 Cr ₹27.87 Cr
Total Expenses ₹827.63 Cr ₹517.31 Cr ₹528.95 Cr ₹758.4 Cr ₹701.96 Cr ₹332.68 Cr ₹522.73 Cr ₹685.3 Cr ₹631.22 Cr ₹384.25 Cr ₹477.66 Cr ₹601.76 Cr
Profit Before Exceptional Items & Tax ₹72.6 Cr ₹23.52 Cr ₹28.28 Cr ₹89.55 Cr ₹71.14 Cr ₹75 Lakh ₹28.53 Cr ₹61.96 Cr ₹50.4 Cr ₹2.85 Cr ₹21.15 Cr ₹32.05 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹72.6 Cr ₹23.52 Cr ₹28.28 Cr ₹89.55 Cr ₹71.14 Cr ₹75 Lakh ₹28.53 Cr ₹61.96 Cr ₹50.4 Cr ₹2.85 Cr ₹21.15 Cr ₹32.05 Cr
Total Tax Expense ₹18.4 Cr ₹5.98 Cr ₹7.23 Cr ₹22.59 Cr ₹18.19 Cr ₹22 Lakh ₹6.73 Cr ₹15.57 Cr -₹1.92 Cr ₹17 Lakh ₹6 Lakh ₹26 Lakh
Net Profit ₹54.2 Cr ₹17.54 Cr ₹21.05 Cr ₹66.96 Cr ₹52.95 Cr ₹53 Lakh ₹21.8 Cr ₹46.39 Cr ₹52.32 Cr ₹2.68 Cr ₹21.09 Cr ₹31.79 Cr
Other Comprehensive Income ₹2.74 Cr ₹1.04 Cr -₹40 Lakh -₹40 Lakh -₹1.24 Cr -₹7 Lakh -₹7 Lakh -₹6 Lakh ₹1.2 Cr -₹47 Lakh -₹19 Lakh -₹78 Lakh
Total Comprehensive Income ₹56.94 Cr ₹18.58 Cr ₹20.65 Cr ₹66.56 Cr ₹51.71 Cr ₹46 Lakh ₹21.73 Cr ₹46.33 Cr ₹53.52 Cr ₹2.21 Cr ₹20.9 Cr ₹31.01 Cr
EBITDA (computed) ₹92.96 Cr ₹42.65 Cr ₹44.04 Cr ₹107.07 Cr ₹92.16 Cr ₹19.96 Cr ₹46.35 Cr ₹82.14 Cr ₹73.22 Cr ₹22.77 Cr ₹39.42 Cr ₹48.91 Cr
Basic EPS ₹37.46 ₹12.11 ₹14.55 ₹46.27 ₹36.60 ₹0.36 ₹15.06 ₹32.06 ₹36.14 ₹1.86 ₹14.57 ₹21.97
Diluted EPS ₹37.46 ₹12.11 ₹14.55 ₹46.27 ₹36.60 ₹0.36 ₹15.06 ₹32.06 ₹36.14 ₹1.86 ₹14.57 ₹21.97
Latest 12 quarters shown of 23 on record.
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Shareholding Pattern of Sml Mahindra Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 58.97%, foreign institutional investors hold 0.77%, domestic institutional investors hold 1.56%, retail and other public shareholders hold 38.70% of Sml Mahindra Limited. The company had 39,068 shareholders on record.

Promoters: 58.97%DII (Domestic Institutional): 1.56%FII (Foreign Institutional): 0.77%Retail & Others: 38.70%
Mar 2026
QUARTER
58.97% Promoters
1.56% DII (Domestic Institutional)
0.77% FII (Foreign Institutional)
38.70% Retail & Others
Promoter holding - history
Now 58.97% · Mar 2026High 58.97% · Sep 2025Low 43.96% · Dec 2015
42%46.5%51%55.5%60%Dec 2015Jun 2018Dec 2020Jun 2023Dec 2025Dec 2015: 43.96%Mar 2016: 43.96%Jun 2016: 43.96%Sep 2016: 43.96%Dec 2016: 43.96%Mar 2017: 43.96%Jun 2017: 43.96%Sep 2017: 43.96%Dec 2017: 43.96%Mar 2018: 43.96%Jun 2018: 43.96%Sep 2018: 43.96%Dec 2018: 43.96%Mar 2019: 43.96%Jun 2019: 43.96%Sep 2019: 43.96%Dec 2019: 43.96%Mar 2020: 43.96%Jun 2020: 43.96%Sep 2020: 43.96%Dec 2020: 43.96%Mar 2021: 43.96%Jun 2021: 43.96%Sep 2021: 43.96%Dec 2021: 43.96%Mar 2022: 43.96%Jun 2022: 43.96%Sep 2022: 43.96%Dec 2022: 43.96%Mar 2023: 43.96%Jun 2023: 43.96%Sep 2023: 43.96%Dec 2023: 43.96%Mar 2024: 43.96%Jun 2024: 43.96%Sep 2024: 43.96%Dec 2024: 43.96%Mar 2025: 43.96%Jun 2025: 43.96%Sep 2025: 58.97%Dec 2025: 58.97%Mar 2026: 58.97%58.97%43.96%58.97%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters58.97%58.97%58.97%43.96%43.96%43.96%
Public41.03%41.03%41.03%56.04%56.04%56.04%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters58.97%43.96%43.96%43.96%43.96%43.96%43.96%43.96%43.96%43.96%43.96%
Public41.03%56.04%56.04%56.04%56.04%56.04%56.04%56.04%56.04%56.04%56.04%
Promoter change (YoY, %pts)+15.01+0.00+0.00+0.00+0.00+0.00+0.00+0.00+0.00+0.00-

Board & Governance of Sml Mahindra Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Sml Mahindra Limited has 7 directors - 4 independent and 2 executive. The board is chaired by VINOD KUMAR SAHAY.

DirectorPositionOn board sinceListed boards
VINOD KUMAR SAHAY Executive Director · Chairperson 2025-08-01 1
VENKATARAMAN SRINIVAS Executive Director · CEO 2025-08-01 1
CHANDRA SHEKHAR VERMA Non-Executive - Independent Director 2019-09-22 5
RAVI VENKATRAMAN Non-Executive - Independent Director 2025-08-01 4
ARUN KUMAR MALHOTRA Non-Executive - Independent Director 2025-08-01 2
SMITA MANKAD Non-Executive - Independent Director 2025-08-01 4
MAHIMA CHUGH Non-Executive - Non Independent Director 2025-08-01 1
Board Committees
CommitteeMembers
Audit Committee RAVI VENKATRAMAN (Chairperson), ARUN KUMAR MALHOTRA, VINOD KUMAR SAHAY
Nomination and remuneration committee SMITA MANKAD (Chairperson), RAVI VENKATRAMAN, CHANDRA SHEKHAR VERMA, VINOD KUMAR SAHAY
Stakeholders Relationship Committee CHANDRA SHEKHAR VERMA (Chairperson), ARUN KUMAR MALHOTRA, MAHIMA CHUGH
Risk Management Committee RAVI VENKATRAMAN (Chairperson), VENKATARAMAN SRINIVAS, MAHIMA CHUGH
Corporate Social Responsibility Committee ARUN KUMAR MALHOTRA (Chairperson), CHANDRA SHEKHAR VERMA, MAHIMA CHUGH

Charges & Borrowings of Sml Mahindra Limited

Open charges
₹632.29 Cr
Satisfied charges
₹551.67 Cr
Breakdown by lending institutions
Axis Bank Limited₹330.75 Cr
Hdfc Bank Limited₹200.00 Cr
Others₹101.53 Cr
Latest charge details
DateLenderAmountStatus
31 Jul 2025 Others ₹12.75 Lakh Open
31 Jul 2025 Others ₹10 Lakh Open
30 Jun 2025 Others ₹10.44 Lakh Open
30 Jun 2025 Others ₹11 Lakh Open
24 Mar 2025 Others ₹50 Cr Open

Total charge records: 62 View all charges

Employees and EPFO Compliance at Sml Mahindra Limited

Sml Mahindra Limited has a workforce of 1,009 employees as of Apr 09, 2024.

Employee count
1,009
Active EPFO establishments
1
Employee growth
2.75%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Sml Mahindra Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Sml Mahindra Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Sml Mahindra Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Sml Mahindra Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Sml Mahindra Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Sml Mahindra Limited

MSME Payment Delays by Sml Mahindra Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Sml Mahindra Limited

Subsidiaries & Group Companies of Sml Mahindra Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Sml Mahindra Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Sml Mahindra Limited

MCA Filings & Documents of Sml Mahindra Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Sml Mahindra Limited

Directors
08 Oct 2025
Pushkar Digumbar Patwardhan was appointed as a Cfo on 08 Oct 2025 & has been associated with this company since 9 months.
Directors
06 Sep 2025
Venkataraman Srinivas was appointed as a Ceo on 06 Sep 2025 & has been associated with this company since 10 months 1 day.
Directors
01 Aug 2025
Ravi Venkatraman was appointed as a Director on 01 Aug 2025 & has been associated with this company since 11 months 7 days.
Directors
01 Aug 2025
Vinod Kumar Sahay was appointed as a Whole-time director on 01 Aug 2025 & has been associated with this company since 11 months 7 days.
Directors
01 Aug 2025
Smita Piyush Mankad was appointed as a Director on 01 Aug 2025 & has been associated with this company since 11 months 7 days.
Charges
31 Jul 2025
A charge with Others amounted to Rs. 0.13 Cr with Charge ID 101156214 was registered on 31 Jul 2025.

Frequently Asked Questions about Sml Mahindra Limited

Sml Mahindra Limited is an active public limited company in the automotive sector based in Nawanshahr, Punjab, India. It was incorporated on 26 July 1983 (43+ years old) and is registered under CIN L50101PB1983PLC005516. Listed on BSE: 505192 and NSE: SMLISUZU. The company has 1,009 employees.

Sml Mahindra Limited reported revenue of ₹2,405.05 Cr for FY 2025 (up 9.00% YoY).

The current directors of Sml Mahindra Limited are:

The primary industry of Sml Mahindra Limited is automotive. The company specifically operates in commercial vehicles and fleet. The company is currently active in this sector.

Yes. Sml Mahindra Limited is listed on both BSE (code: 505192) and NSE (symbol: SMLISUZU).

Sml Mahindra Limited can be reached at the registered office: Village Asron District Nawanshahr, Punjab, India – 144533, or through the website smlisuzu.com.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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