SML Mahindra Ltd

Q4 FY19Agricultural, Commercial & Construction Vehicles

SML Mahindra Q4 FY19 earnings call: Revenue & Margins

Q4 FY19 investor presentation: what the company reported on revenue, margins and projects.

Price₹6,603

Market cap₹9.1K Cr

P/E58.2

Updated25 Sept 2026

Read4 min read

Based on SML Mahindra Ltd's Q4 FY19 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

For the quarter ended March 31, 2019, revenue from operations was Rs. EBITDA (Operating Profit) for Q4 FY19: Rs.

From SML Mahindra Ltd's Q4 FY19 earnings-call transcript · updated 25 Sept 2026.

Revenue & Sales Performance

For the quarter ended March 31, 2019, revenue from operations was Rs. 429.60 Crores, up from Rs. 368.08 Crores in the same quarter of the previous year (YoY increase).
SMLI segment vehicle sales were 13,602 vehicles in FY 2018-19, up from 11,355 vehicles in FY 2017-18, a 20.3% increase.
Revenue (net) for FY 2018-19 was Rs. 1,413.7 Crores, up from Rs. 1,174.14 Crores in FY 2017-18.

2 more points management made on revenue & sales performance

Profitability & Margins

EBITDA (Operating Profit) for Q4 FY19: Rs. 31.97 crores (calculated as Operating Profit = Operating Profit for year ended Mar'19 Rs. 78.8 crore / 4 approx for quarter; alternatively from given quarterly expenses, exact not stated)
Operating Margin for Q4 FY19: Approx. 7.4% (Q4 Revenue Rs. 429.60 crores; Operating Profit ~31.97 crores, margin = 31.97/429.60)
Profit After Tax (PAT) for Q4 FY19: Rs. 22.00 crores, up from Rs. 14.87 crores in Q4 FY18 (year-on-year increase of ~48%)
Year-on-year Comparisons:
Operating Profit rose from Rs. 20 crores (approx. quarter based on full year Rs. 78.8 crores in FY19 vs. Rs. 48.5 crores in FY18)
PAT increased from Rs. 14.87 crores to Rs. 22.00 crores (+48%)

2 more points management made on profitability & margins

See what SML Mahindra Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

The investor presentation does not explicitly describe any capex, capacity expansion, new plant, or project details with amounts, status, or specific timelines. - Page 30 shows borrowings with a category “ECB/TERM LOAN FOR CAPEX” amounting to Rs. 134.8 crores as of Mar’19, indicating ongoing or planned capital expenditure, but no further details on projects or timelines are provided. - No other pages in the presentation mention specific capex projects, capacity expansions, new plants, or related timelines. Thus, from the given presentation, no detailed or specific capex or capacity expansion plans are disclosed.

Top-ranked in Agricultural, Commercial & Construction Vehicles

Ranked on what management guided this quarter

5x potential

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2BEML Ltd₹17.0K Cr

Rev 2Mar 3

3₹664 Cr

Rev 2Mar 3

4₹1.6L Cr

Rev 3Mar 3

5₹93.4K Cr

Rev 3Mar 3

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

There is no explicit mention of any new fundraising through debt or equity in the presentation.
The Balance Sheet (Page 30) shows borrowings details: ECB/Term Loans for Capex increased from Rs. 33.5 crores in MAR'17 to Rs. 134.8 crores in MAR'19; short-term borrowings also increased from Rs. 5.1 crores in MAR'17 to Rs. 110.1 crores in MAR'19.
Total borrowings rose from Rs. 45.4 crores (MAR'17) to Rs. 247.6 crores (MAR'19) indicating increased debt levels.
Share capital remained steady at Rs. 14.5 crores over the years, indicating no fresh equity equity issues during the latest period.

2 more points management made on fundraising & capital structure

See what SML Mahindra Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The investor presentation does not explicitly report any figures or details regarding order book, order inflow, or pending orders. Based on the content provided across all the pages, including financial results, balance sheets, product portfolio, and marketing network, there is no mention or data related to: - Order book size or value - Current order inflows - Pending or backlog orders Therefore, the presentation contains no stated information on order book or order inflow status.

SML Mahindra Ltd — Quarterly revenue & net profit

Revenue Net profit

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹898 Cr, net profit ₹54 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What SML Mahindra Ltd's management said in earlier quarters

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Frequently Asked Questions

What were SML Mahindra Ltd Q4 FY19 results?

For the quarter ended March 31, 2019, revenue from operations was Rs. EBITDA (Operating Profit) for Q4 FY19: Rs.

What is SML Mahindra Ltd share price analysis?

SML Mahindra Ltd currently shows a neutral. The stock trades at a P/E of 58.2 with a market cap of ₹9,105 Cr. Investors should review the full earnings analysis for detailed insights.

Is SML Mahindra Ltd planning capital expenditure?

The investor presentation does not explicitly describe any capex, capacity expansion, new plant, or project details with amounts, status, or specific timelines.

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.