M&M Key results update
M&M
Revenue: 66.7% Up YoY at 1,96,126. 14.5% up QoQ
EBIDTA: 43.5% up YoY at 23,410. 20.3% up QoQ
PBT: 58.3% up YoY at 17,882. 13.7% up QoQ
EPS Stands 12.2 Vs 7.2 YoY
Key updates
*Segmental revenue*
Automotive: 12,741Cr vs 6,317Cr. Amid strong back to back hits (Thar, Xuv 700)
Farm equipment: 8,428Cr vs 7,189Cr Amid strong Rabi harvesting and good monsoon
Financial services: 2,877Cr vs 2530Cr YoY. Asset quality focus continues … Disbursements on rise
*Increase in Digital penetration*
72% of the first 25k Scorpio-N booked online
Strong Demand and Booking Pipeline: 140k+ Open Bookings (excl Scorpio-N)
*Market Share gain: 0.9% in Farm equipments*
*#1 in SUV Revenue Market Share*
*Total booking value* of Rs.18,000 crs*
Technicals- Any retracement as of result of profit booking is a buy on dips for the levels of 1450+
Disclaimer
We are in process of SEBI Registration. Hence, please consult your Financial advisor before investing.
NISM Number: 202000089934
Revenue: 66.7% Up YoY at 1,96,126. 14.5% up QoQ
EBIDTA: 43.5% up YoY at 23,410. 20.3% up QoQ
PBT: 58.3% up YoY at 17,882. 13.7% up QoQ
EPS Stands 12.2 Vs 7.2 YoY
Key updates
*Segmental revenue*
Automotive: 12,741Cr vs 6,317Cr. Amid strong back to back hits (Thar, Xuv 700)
Farm equipment: 8,428Cr vs 7,189Cr Amid strong Rabi harvesting and good monsoon
Financial services: 2,877Cr vs 2530Cr YoY. Asset quality focus continues … Disbursements on rise
*Increase in Digital penetration*
72% of the first 25k Scorpio-N booked online
Strong Demand and Booking Pipeline: 140k+ Open Bookings (excl Scorpio-N)
*Market Share gain: 0.9% in Farm equipments*
*#1 in SUV Revenue Market Share*
*Total booking value* of Rs.18,000 crs*
Technicals- Any retracement as of result of profit booking is a buy on dips for the levels of 1450+
Disclaimer
We are in process of SEBI Registration. Hence, please consult your Financial advisor before investing.
NISM Number: 202000089934
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.