SML Mahindra Q1 Results FY27: Net Profit Falls 4.99% to Rs 63 Cr
- July 21, 2026
- Posted by: Ankit Jaiswal
- Category: News
SML Mahindra Q1 FY27: PAT Rs 63 Cr (-4.99% YoY), revenue Rs 957 Cr (+13.2%). Stock fell 2.44% to Rs 3,985.60 on 20 July 2026.
SML Mahindra Q1 results FY27 were announced on Monday, 20 July 2026, with the company reporting a standalone net profit of Rs 63 Cr for the quarter ended 30 June 2026, down 4.99% from Rs 66 Cr in the year ago quarter.
Shares of SML Mahindra fell 2.44% to Rs 3,985.60 on the results day. The company is a commercial vehicle maker, formerly SML Isuzu, now part of the Mahindra group. Note: profit slipped despite double digit revenue growth, showing margin pressure during the integration phase.
Click Here – Get Free Investment Predictions
SML Mahindra Q1 Results FY27 Key Takeaways
Here are the most important numbers from the June 2026 quarter at a glance.
- Net Profit (PAT): Rs 63 Cr in Q1 FY27 versus Rs 66 Cr in Q1 FY26, a change of -4.99% year on year.
- Revenue: Rs 957 Cr in Q1 FY27 versus Rs 845 Cr in Q1 FY26, a change of +13.2%.
- Gross Profit: Rs 86 Cr in Q1 FY27 versus Rs 92 Cr in Q1 FY26, a change of -6.21%.
- Results announced on Monday, 20 July 2026 for the quarter ended 30 June 2026 on a standalone basis.
- SML Mahindra share price fell 2.44% to Rs 3,985.60 on the results day.
SML Mahindra Q1 Results FY27 Financial Highlights
The table below summarises the standalone numbers reported in the SML Mahindra Q1 results FY27 against the year ago quarter.
| Metric | Q1 FY27 | Q1 FY26 | YoY Change |
|---|---|---|---|
| Revenue | Rs 957 Cr | Rs 845 Cr | +13.2% |
| Gross Profit | Rs 86 Cr | Rs 92 Cr | -6.21% |
| Net Profit (PAT) | Rs 63 Cr | Rs 66 Cr | -4.99% |
All figures are on a standalone basis as reported for the quarter ended 30 June 2026.
SML Mahindra Q1 Results FY27 Performance Analysis
Get Personalised Guidance from a SEBI-Registered Investment Advisor
The profit decline is the key story in the SML Mahindra Q1 results FY27. Revenue grew 13.2% to Rs 957 Cr from Rs 845 Cr. Gross profit fell 6.21% to Rs 86 Cr from Rs 92 Cr.
Revenue growing while profit falls in the SML Mahindra Q1 results FY27 points squarely at margin compression, whether from input costs, pricing pressure or an adverse product mix.
An important context for reading the SML Mahindra Q1 results FY27: profit slipped despite double digit revenue growth, showing margin pressure during the integration phase.
SML Mahindra Q1 Results FY27: Key Business Factors
1. Topline Momentum
Revenue grew 13.2% to Rs 957 Cr from Rs 845 Cr. This sets the base against which the rest of the P&L in the SML Mahindra Q1 results FY27 should be read.
2. Margin Pressure
Gross profit fell 6.21% to Rs 86 Cr from Rs 92 Cr. The gross profit trend is the cleanest read on operating health in the quarter.
3. Bottom Line Delivery
The net result of Rs 63 Cr captures the combined effect of operations, other income, finance costs and tax for the quarter.
Dividend Details
Any dividend announcement accompanying the June 2026 quarter results will be reflected in the company’s official NSE and BSE filings. Investors should rely on those filings for dividend confirmation rather than secondary sources.
SML Mahindra Q1 Results FY27 Outlook for the Full Year
After the SML Mahindra Q1 results FY27, attention turns to whether the September quarter can build on this base. Management commentary, order or demand visibility and margin behaviour will shape how the stock trades through FY27.
SML Mahindra Stock Performance After the Q1 Results
Download the Univest iOS App or Univest Android App to track SML Mahindra live share price and upcoming quarterly results.
SML Mahindra share price fell 2.44% to Rs 3,985.60 on the results day, as the market weighed the quarter’s numbers against expectations.
Investors can compare the trend of the counter with the Nifty Auto index to judge how the stock is placed relative to the broader market after the June quarter results.
Key Risks
Investors going through the fine print of the SML Mahindra Q1 results FY27 should also weigh the following risks.
1. Continued Earnings Pressure
The decline in the SML Mahindra Q1 results FY27 may extend if the drivers of the weakness persist into the September quarter.
2. Margin Recovery Uncertainty
Rebuilding margins typically takes several quarters of cost action or pricing, with no guarantee of success.
3. Sentiment Overhang
Stocks with falling earnings often stay under pressure until a clear inflection is visible in reported numbers.
Conclusion
SML Mahindra Q1 results FY27 show standalone net profit of Rs 63 Cr for the quarter ended 30 June 2026, down 4.99% from Rs 66 Cr in the year ago quarter. Revenue grew 13.2% to Rs 957 Cr from Rs 845 Cr. The September quarter will show whether this quarter’s trend extends. Investors should verify the filings on NSE and BSE and consult a SEBI-registered advisor before acting on the numbers.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on SML Mahindra Q1 Results FY27
When were the SML Mahindra Q1 results FY27 announced?
Ans. The SML Mahindra Q1 results FY27 were announced on Monday, 20 July 2026, for the quarter ended 30 June 2026, on a standalone basis.
What is the PAT in the SML Mahindra Q1 results FY27?
Ans. The standalone PAT in the SML Mahindra Q1 results FY27 stood at Rs 63 Cr, a change of -4.99% from Rs 66 Cr in Q1 FY26.
What was the revenue in the SML Mahindra Q1 results FY27?
Ans. The revenue in the SML Mahindra Q1 results FY27 stood at Rs 957 Cr, a change of +13.2% from Rs 845 Cr in Q1 FY26.
What was the gross profit in the SML Mahindra Q1 results FY27?
Ans. Gross profit for the June 2026 quarter stood at Rs 86 Cr, compared with Rs 92 Cr in Q1 FY26, a change of -6.21% year on year.
Are the SML Mahindra Q1 results FY27 standalone or consolidated?
Ans. The figures discussed here are on a standalone basis, as reported for the quarter ended 30 June 2026.
How did the share price react after the SML Mahindra Q1 results FY27?
Ans. SML Mahindra share price fell 2.44% to Rs 3,985.60 on the results day.
Is the stock a good buy after the SML Mahindra Q1 results FY27?
Ans. The SML Mahindra Q1 results FY27 are one input among many. Valuation, sector conditions and risk appetite matter as much as a single quarter. This article is for educational purposes only. Consult a SEBI-registered advisor before investing.
Where can I verify the SML Mahindra Q1 results FY27?
Ans. The official filings for the SML Mahindra Q1 results FY27 are available on the NSE and BSE websites, and the stock can be tracked on the Univest app.
