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Mahindra & Mahindra Ltd.

Mahindra & Mahindra

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NSE

BSE

Subsidiaries

Swaraj Engines Ltd.
SWARAJENG
NSE
Diesel Engines
0.00
0.00%
Mahindra Lifespace Developers Ltd.
MAHLIFE
NSE
Construction - Real Estate
0.00
0.00%
Tech Mahindra Ltd.
TECHM
NSE
IT - Software
0.00
0.00%
Mahindra EPC Irrigation Ltd.
MAHEPC
NSE
Engineering - Industrial Equipments
0.00
0.00%
Mahindra And Mahindra Financial Services Ltd. - (Rights Entitlements (REs))
M&MFIN-RE1
NSE
Finance - NBFC
0.00
0.00%
Mahindra Logistics Ltd. - (Rights Entitlements (REs))
MAHLOG-RE
NSE
Logistics
0.00
0.00%
Mahindra Lifespace Developers Ltd. - (Rights Entitlements (REs))
MAHLIFE-RE
NSE
Construction - Real Estate
0.00
0.00%
Mahindra & Mahindra Financial Services Ltd.
M&MFIN
NSE
Finance - NBFC
0.00
0.00%
Mahindra Holidays & Resorts India Ltd.
MHRIL
NSE
Hotel, Resort & Restaurants
0.00
0.00%
Mahindra Logistics Ltd.
MAHLOG
NSE
Logistics
0.00
0.00%
Mahindra & Mahindra Ltd.
M&M
NSE
Automobiles - Passenger Cars
0.00
0.00%

Management

1. Anand G Mahindra
Chairman
2. Anish Shah
Managing Director & Group Chief Executive Officer
3. Rajesh Jejurikar
Whole Time Director & Chief Executive Officer (Auto & Farm Sector)
4. TN Manoharan
Lead Independent Director
5. Shikha Sharma
Non Executive Independent Director
6. Nisaba Godrej
Non Executive Independent Director
7. Muthiah Murugappan
Non Executive Independent Director
8. Padmasree Warrior
Non Executive Independent Director
9. Ranjan Pant
Non Independent & Non Executive Director
10. Sat Pal Bhanoo
Nominee Director - LIC
11. Sailesh Kumar Daga
Company Secretary & Compliance Officer

Contact Information

Company Address

Gateway Building, Apollo Bunder,
Mumbai, Maharashtra - 400001
www.mahindra.com
group.communications@mahindra.com

Registrar

K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B, Plot 31-32Gachibowli,Financial District, NanakramgudaHyderabad – 500032Tel. No. 040 67161500Fax. No. 040 23001153E-mail: einward.ris@karvy.comWebsite: www.karvy.comToll Free No. of exclusive Call Centre:1-800-345001
Phone: 040 - 67162222/18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com

Company Profile

Mahindra & Mahindra Limited (M&M) was established on October 2, 1945 when K.C. Mahindra visited the United States of America as Chairman of the India Supply Mission. The Mahindra brothers joined hands with a distinguished gentleman called Ghulam Mohammed. And, Mahindra & Mohammed was set up as a franchise for assembling jeeps from Willys, USA.

M&M is the flagship Company of the Mahindra Group, a globally renowned conglomerate with a wide spectrum of business interests spanning industries and geographies. As a pioneer in innovation and technology, Mahindra has consistently focused on creating solutions that deliver value and empower its customers, partners, and stakeholders to Rise.

Guided by a vision to drive progress, Mahindra is committed to pushing boundaries to develop world-class products and technology-enabled services. By maintaining a sharp focus on customer-centricity, the company strives to deliver accessible and impactful solutions tailored to meet evolving needs. Innovation lies at the heart of Mahindra, enabling it to adapt to challenges and seize opportunities in a fast-changing world.

Enhancing people capabilities is another pillar of Mahindra's growth strategy, ensuring its talent remains future-ready to tackle global and domestic challenges. This approach has allowed Mahindra to strengthen its presence in the domestic market while pursuing ambitious global expansion plans.

Business area of the company

M&M is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India. The company’s core business is mobility products and farm solutions. Since assembling its first vehicle in 1947, it has grown rapidly. Currently, it offers a wide range of products and solutions ranging from SUVs, pickups, commercial vehicles and tractors, to electric vehicles, two-wheelers, gensets and construction equipment.

Products and categories of the company

Automotive

  • SUVs: Thar, Thar Roxx, XUV 700, XUV 3X0, Scorpio-N, Scorpio Classic, Bolero, Bolero Neo, Marazzo
  • Electric SUVs: XEV 9E, BE 6, XUV 400
  • Electric Hyper Car: Battista
  • Last Mile Mobility: Tero, Tero Yaari, Tero Zor, Alfa, eAlfa, Jeeto, Zor Grand
  • Pick-Ups: Bolero Max Pick-up, Bolero Pick-up, Bolero Maxi-truck plus, Bolero Camper
  • Large Commercial Vehicles: Blazo Haugle, Blazo Tipper, Blazo Tractor Trailer, Furio, Jayo, Cruzio, Cruzio Grande, Earth Master
  • Small Commercial Vehicles: Supro Cargo Van, Supro Maxi-Truck, Supro Mini-Truck, Supro Van
  • Auto, north America: Roxor
  • 2-Wheeler, Classic Legends: Jawa Classic, Jawa 42, Jawa Perak, Roadster, Scrambler, Adventure, BSA Goldstar

Farm Equipments

  • Tractors
  • Agri Services
  • Farm Machinery

Awards

2007

  • The Nashik Plant of Automotive Sector was awarded the prestigious Platinum 1st Runner Up Award.
  • Mahindra & Mahindra Auto Sector's Zaheerabad plant has won the First Prize in the National Energy Conservation Awards - 2007.
  • Mahindra & Mahindra was honoured with the Pegasus Corporate Social Responsibility Gold Award.
  • Mahindra Powerol has won the prestigious 'VOICE OF CUSTOMER' award.
  • Mr. Bharat Doshi, Executive Director & Group CFO, M&M, received the CFO of the Year award.  
  • Mahindra & Mahindra has been awarded as the organization with the “Best Automotive Manufacturing Supply Chain Excellence”.
  • Mr. Arvind Tawde, Sr. VP and CIO, Mahindra & Mahindra, received the CTO of the Year 2007 award.
  • Mahindra & Mahindra has been honored with the coveted Bombay Chamber Good Corporate Citizen Award 2006-07.
  • The Institute of Economic Studies (IES), New Delhi, has awarded the 'Udyog Rattan'.
  • M&M has won the Security Strategist Award 2007.
  • Mahindra Lifespaces has been honoured as the Best Developer in the Best Transparent Systems category at the recently held CNBC Awaaz - CRISIL Real Estate Awards.
  • Mahindra & Mahindra was awarded the prestigious SAP ACE 2007.
  • Mahindra & Mahindra Farm Equipment Sector has won an AE50 Outstanding Innovation Award 2007.  'Golden Peacock Occupational Health & Safety Award' for the year 2007 and many more.

2013

  • Mahindra Reva receives CII Design Excellence award.

2014

  • Keshub Mahindra honoured with ASSOCHAM Lifetime Achievement Award.
2022-23

  • Won the Automotive Company of the Year award by Top Gear India.
  • Scorpio-N secures the coveted Autocar Viewer's Choice, Car of the Year award.
  • Mr. Rajesh Jejurikar, ED and CEO, AFS, honoured as Autocar Professional's Man of the Year.
  • Scorpio-N rated as the world's first body-on-frame vehicle to receive a 5-star rating from GNCAP.
2023-24

  • Named Manufacturer of the Year by Autocar India, Motorscribe, Jagran Hi-tech, Car India Magazine and Motorbeam.
  • Mahindra Thar RWD was also awarded Editor's Choice Lifestyle Vehicle of the Year at the Top Gear India Awards and Variant of the Year at the APB Live Auto Awards.
  • The XUV400 was declared the Mid-Size Electric SUV of the Year by Car India, EV Car of the Year by ACKO Drive and Electric Car of the Year by car & bike.
  • Mahindra Supro Profit Truck CNG Duo won SCV of the Year at Apollo CV Awards.
  • Mahindra Truck and Bus Division won the Aegis Graham Bell Award - iMAXX - Technology innovation award by Aegis Graham Bell Award (Supported by Ministry of IT & Innovation).
  • Treo Plus was named EV Of the Year - 3 Wheeler by the Apollo CV Award.
2024-25

  • Featured in TIME Magazine’s ‘World's Most Sustainable Companies 2024 list’ and ranked as the 5th most sustainable automotive company. 
  • Mahindra Group recognised as the ‘Most Sustainable Organisation’ by TIMES NOW at the Global Sustainability Alliance Summit.
  • Featured in the ‘Leadership’ category of the Corporate Governance Scorecard 2024 by Institutional Investor Advisory Services India Limited in partnership with International Finance Corporation and Bombay Stock Exchange Limited.
  • Received the Golden Peacock Global Award for Excellence in Corporate Governance in the Automobile Sector, for the year 2024.
  • Mahindra Group and Mahindra Leadership University won the ‘ET HRWorld Future Skills Awards’.
  • Recognised as India’s ‘Top Value Creator 2024 - Automobile’ at Dun & Bradstreet India and G7 CR Technologies Summit.

History

  • 1945: On October 2nd, 'Mahindra & Mohammed' is set up by brothers, JC and KC Mahindra along with Ghulam Mohammed.
  • 1945: M&M begins steel trading.
  • 1947: 75 Jeeps come in from Willys Overland Export Corporation, USA in CKD condition; assembly of which commences at Mazagon, Bombay.
  • 1948: Ghulam Mohammed moves to Pakistan post partition and goes on to become the country's first Finance Minister. Mahindra & Mohammed subsequently changes its name to Mahindra & Mahindra.
  • 1950: 5,000 tons of steel is sourced for building wagons.
  • 1955: On June 15, 1955, the company announces going public and in 1956, its shares are listed on the Bombay Stock Exchange.
  • 1961: Mahindra joins hands with the US manufacturer of agricultural machinery, construction equipment, trucks, automobiles, and household and commercial products, for the manufacture of tractors.
  • 1962: M&M and Ugine Kuhlmann, France, come together to form MUSCO, a Joint Venture, to manufacture alloy steel.
  • 1963: After the demise of co-founder, KC Mahindra, Keshub Mahindra becomes the second Chairman of M&M Ltd.
  • 1963: ITCI formed.
  • 1965: Mahindra shuts down the factory in Mazgaon and establishes a plant in Kandivali to consolidate its operations for the manufacture of UVs and tractors.
  • 1977: The very successful International Tractor Company of India merges with M&M and becomes its tractor division.
  • 1979: M&M receives a license from Automobiles Peugeot France to manufacture XDP 4.90 diesel engines. The assembly of Peugeot engines commences in Ghatkopar.
  • 1983: Mahindra becomes the largest selling tractor brand in India, and it’s holding the position for three decades now.
  • 1986: Mahindra enters the telecom IT services space through Mahindra British Telecom, a joint venture with British Telecom, UK -the company that later became 'Tech Mahindra'.
  • 1991: Maxi Motors Financial Services Limited. Name was changed to Mahindra & Mahindra Financial Services Limited and Fresh Certificate of Incorporation was received.
  • 1993: Mahindra Steel Service Centre Limited is formed in association with Mitsubishi Corporation and Nisho Iwai Corporation of Japan.
  • 1994: Mahindra Group reorganises into six Strategic Business Units: Automotive, Farm Equipment, Financial Services, IT, Infrastructure Development Services and Steel Trading.
  • 1994: Mahindra USA is born
  • 1996: The first holiday resort opens in Munnar, Kerala.
  • 1996: Project Nanhi Kali initiated.
  • 1997: UWC, one of 15 in the world, is inaugurated by Queen Noor of Jordan in Pune, Maharashtra.
  • 1997: Anand Mahindra becomes Managing Director.
  • 1999: Mahindra & Mahindra Financial Services Ltd., which began operations in 1995, becomes a subsidiary of M&M. The company plays a major role in financing Mahindra's UVs.
  • 2000: The millennium year sees the unveiling of a new and visually dynamic group logo, which signifies the road ahead.
  • 2000: Mahindra Bolero launched.
  • 2002: Mahindra World City, India’s first integrated township, is inaugurated.
  • 2002: Mahindra Scorpio launched.
  • 2003: Mahindra tractors wins the prestigious Deming Prize.
  • 2004: The Mahindra Group acquires a majority stake in Bristlecone Inc.
  • 2004: Mahindra Systems & Automotive Technologies (MSAT) Sector is set up.
  • 2004: Major milestone for Mahindra tractors.
  • 2005: Mahindra enters China.
  • 2005: Mahindra and Renault tie up.
  • 2005: Mahindra and ITEC tie up.
  • 2007: Mahindra Pride Schools begin empowering young people (Employability with Empathy and Emotion).
  • 2008: Aftermarket sector formed.
  • 2008: Mahindra enters the two wheelers business.
  • 2008: Automotive facility opens in Chakan, Pune.
  • 2009: Mahindra enters Aerospace.
  • 2010: Mahindra Satyam sponsors FIFA World Cup.
  • 2010: Mahindra acquires Reva Electric Vehicles.
  • 2010: Mahindra Blues, India’s biggest blues music festival, launched.
  • 2012: Mahindra Research Valley in Chennai inaugurated.
  • 2012: Mahindra Reva Factory recognized.
  • 2013: Tech Mahindra and Mahindra Satyam merge.
  • 2013: Mahindra Reva lauded globally.
  • 2014: Mahindra enters FIA Formula E Championship.
  • 2015: Milestone year for record number of launches.
  • 2015: Multiple acquisitions signal a global charge.
  • 2016: Mahindra Racing comes first at FIM MotoGP.
  • 2016: Mahindra acquires Sampo Rosenlew.
  • 2018: The Iconic Jawa comes back to India.
  • 2019: Mahindra unveils the Pininfarina Battista, the world's 1st Electric Hypercar.
  • 2020: Mahindra relaunches the Thar to rave reviews.
  • 2021: Mahindra Launches the XUV 700 series.
  • 2022: Mahindra Launches the Scorpio-N.
  • 2023-24: SUV capacity augmentation to 49K per month.
  • 2023-24: Scaling up of international operations 1 MS - 6.2% in South Africa, 5% in Australia.
  • 2024-25: The company has launched XUV 3XO, Thar ROXX, XEV 9e and BE 6.
  • 2024-25: launched Mahindra Veero in the < 3.5T LCV category bolstering its LCV product line.
  • 2024-25: Added capacity of 5K per month in ICE SUVs and 7.5K per month for BEVs.
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