GMP IPO
📋 Filings Intelligence
About Contact
LIVE — Auto-updated every 10 mins · Equity segment
Company Filings, Explained Simply

AI-powered plain-English analysis of every important corporate announcement — financial results, order wins, dividends, mergers and more. Updated live.

—
Filed today
—
Companies tracked
NSE & BSE
Listed on
Sign in free to search by company
Filing Type
Market Cap
Sector
All Sectors

Latest Filings —

📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
SML Mahindra Ltd

SML Mahindra FY26 Net Profit Rs. 159.75 Crores Up 31.3% YoY

RESULTS ▲ Positive Development MEDIUM RISK
📅 Filed on BSE: 20 Apr 2026, 05:18 PM IST  ·  BSE ID: 6fc59657-2e10-4f08-ac56-1f1622e0ef09
View Original BSE Filing (PDF)
💡
In Simple Terms
SML Mahindra reported full-year profits jumped 31% to Rs. 159.75 Crores with revenue growth of 18%, and declared a dividend of Rs. 23.50 per share.
🤖 AI Summary
  • FY26 net profit Rs. 159.75 Crores, up 31.3% from Rs. 121.67 Crores in FY25
  • Revenue from operations Rs. 2,837.92 Crores, up 18.3% YoY from Rs. 2,398.99 Crores
  • Final dividend approved at 235% or Rs. 23.50 per share for FY26
  • Unmodified audit opinion issued by M/s B S R & Co. LLP on FY26 results
  • 42nd AGM scheduled 21 July 2026; dividend record date 3 July 2026
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Profit FY26
Rs. 159.75 Crores
31.3%
Revenue from Operations FY26
Rs. 2,837.92 Crores
18.3%
Final Dividend per Share
Rs. 23.50
Profit Before Tax FY26
Rs. 213.95 Crores
31.8%
Non-Current Borrowings
Rs. 10.65 Crores
-83.0%
Total Equity
Rs. 519.34 Crores
35.7%
Earnings Per Share FY26
Rs. 110.39
31.3%
Finance Costs FY26
Rs. 20.74 Crores
-30.6%
🏢 How This Affects the Company
📈
Business Impact
Revenue expanded 18.3% to Rs. 2,837.92 Crores, reflecting sustained demand in trucks and buses segment. Growth outpaced profit expansion marginally, signalling cost discipline.
💰
Financial Impact
Net profit surged 31.3% to Rs. 159.75 Crores. Other equity strengthened to Rs. 504.86 Crores from Rs. 368.18 Crores. Non-current borrowings fell to Rs. 10.65 Crores from Rs. 62.55 Crores, showing deleveraging.
⚙️
Operational Impact
Inventories increased to Rs. 660.68 Crores from Rs. 577.99 Crores, indicating higher working capital deployment. Trade receivables marginally rose to Rs. 270.21 Crores from Rs. 265.25 Crores.
⚠️
Risk Impact
Current borrowings at Rs. 269.50 Crores remain elevated relative to operating cash generation. Interest coverage improved: finance costs fell to Rs. 20.74 Crores from Rs. 29.88 Crores YoY despite higher debt.
👥 What This Means For Shareholders
✅
Action Required
Ensure shares held in demat format by record date 3 July 2026 to receive final dividend of Rs. 23.50 per share.
👤
Who Is Affected
All registered shareholders as on record date 3 July 2026 are eligible for final dividend. Payment will be processed after 21 July 2026 AGM in permitted modes.
🔍
Management Signal
Board's approval of 235% dividend coupled with 83% debt reduction signals confidence in sustainable cash flows and capital allocation discipline.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
42nd AGM on 21 July 2026 — watch for any updates on dividend declaration and shareholder approvals
Dividend payment processing — track dividend dispatch after 21 July 2026 in permitted modes to shareholders
Q1 FY27 results — confirm if 18.3% revenue growth and 31.3% profit momentum sustains into new fiscal year
MEDIUM RISK Inventory surge 14.2% YoY to Rs. 660.68 Crores signals potential demand headwinds or supply chain build. Current liabilities structurally higher than ideal for working capital stability.
💡 Investor Takeaway
FY26 delivered net profit of Rs. 159.75 Crores (up 31.3% YoY) on revenue of Rs. 2,837.92 Crores (up 18.3% YoY). Unmodified audit opinion confirms quality. Dividend of Rs. 23.50 per share approved. Debt reduced significantly to Rs. 10.65 Crores from Rs. 62.55 Crores.
⚖️ Strengths & Concerns

✅ Positives

  • Net profit growth of 31.3% significantly outpaced 18.3% revenue growth, reflecting operational leverage and margin expansion
  • Debt reduction: non-current borrowings cut 83% from Rs. 62.55 Crores to Rs. 10.65 Crores; finance costs down 30.6%

⚠️ Concerns

  • Inventory surge to Rs. 660.68 Crores from Rs. 577.99 Crores (14.2% increase) strains working capital efficiency
  • Current liabilities at Rs. 789.71 Crores remain 152% of current assets Rs. 988.72 Crores; tight liquidity structure
📅 Company Track Record
Prior year FY25 net profit was Rs. 121.67 Crores on revenue of Rs. 2,398.99 Crores. Q4 FY26 audited profit was Rs. 54.20 Crores. Company has maintained consistent dividend distribution and strengthened equity base from Rs. 382.66 Crores to Rs. 519.34 Crores year-on-year.

Based on publicly available historical data. For context only.

You've read one filing

There are 32,000 more, and one of them is about a company you own

Follow a company and we'll email you the moment it files again — explained, not just forwarded. Free.

  • Follow companies and get filings by email
  • Save any filing to read later
  • Two full AI analyses every month, free

No card needed. Sign in with Google in two taps.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
🔍
Sign in to use filters
Sign in free with Google to filter filings by category, market cap and sector — takes 5 seconds.