Preview: India's Mahindra & Mahindra edges lower ahead of Q4 results

Mahindra And Mahindra

05/05/2026 05:17

** Shares of India's Mahindra and Mahindra MAHM.NS fall 0.3% to 3,098.1 rupees

** The Thar-maker is set to report Q4 results on Tuesday

** Analysts on average expect profit to jump 59.7% y/y to 38.92 billion rupees ($408.11 million) - LSEG-compiled data

** Analysts at HDFC Securities expects y/y profit growth at co; said richer e-SUV mix and price hikes implemented in January should support margins sequentially

** Adds auto EBIT margins may contract amid higher input costs, higher EV mix and launch expenses

** Nifty Auto .NIFTYAUTO index down 0.2% on the day

** MAHM rated "buy" on average by 34 analysts, median PT: 4,230 rupees - LSEG data

** YTD, stock down ~16.3% vs auto index's 7.7% drop

($1 = 95.3675 Indian rupees)

(Reporting by Bipasha Dey in Bengaluru)

((Bipasha.Dey@thomsonreuters.com;))