Mahindra & Mahindra schedules Q2 FY27 results for Nov. 5

Mahindra & Mahindra is set to announce Q2 FY27 earnings on Nov. 5, 2026. No dividend details have been disclosed. The update follows the September launch of the refreshed Thar three-door SUV in India.

— Source publishedThu, 24 Sept, 2026, 19:31 IST·First seen Thu, 24 Sept, 2026, 20:24 IST·Source NDTV Profit

What happened

Mahindra & Mahindra will report Q2 FY27 results on Nov. 5, 2026, with no dividend information disclosed. The company recently launched an updated Thar

Key facts

  • Q2 FY27 results: Nov. 5, 2026
  • Trading window closure: Oct. 1-Nov. 7, 2026
  • Anish Shah sold 76,357 equity shares
  • Share price: Rs 2,982.70, down 1.72%
  • Thar 3-door launch: Sept. 22, 2026

Why this matters

Mahindra & Mahindra’s Q2 update should provide a read on the strategic value of its SUV portfolio refreshes, including the newly launched Thar three-door.

What to watch

  • Q2 automotive segment revenue, EBITDA margin and average selling-price/mix commentary.
  • SUV monthly volumes and Mahindra's utility-vehicle market-share trend.
  • Refreshed Thar bookings, cancellations, delivery timelines and production ramp disclosures.
  • Dealer inventory days, discounting levels and retail-versus-wholesale growth.
  • Tractor sales growth, rural credit conditions and management's agricultural demand outlook.
  • FY27 volume, margin, capex and capacity-expansion guidance.
  • Track October and November wholesale/retail vehicle data for evidence that refreshed Thar demand is incremental rather than cannibalizing other Mahindra SUVs.
  • Monitor management disclosure on Thar bookings, delivery waiting periods, dealer inventory and production capacity during the Nov. 5 earnings call.
  • Compare SUV volume growth, realization and EBITDA margin against Tata Motors, Hyundai, Maruti Suzuki and Kia to assess competitive pricing pressure.
  • Watch tractor volumes, rural demand commentary, monsoon-linked farm income trends and financing conditions for diversification benefits or downside.
  • Assess whether festive-season demand prompts higher dealer stocking, which could boost near-term dispatches but create inventory normalization risk later.