Mahindra & Mahindra Ltd. benchmarking: Performance to industry peers

Financial

	Mahindra & Mahindra	Maruti Suzuki	Tata MotorsPassenger
Operational Metrics
Automobile
Total Automobiles Sold - Monthly	94627.0 .	239646.0 .	99888.0 .
Automobiles Sold - Monthly - Domestic	89657.0 .	199592.0 .	96242.0 .
Automobiles Sold - Monthly - Export	4970.0 .	40054.0 .	2583.0 .
Passenger Vehicles Sold - Monthly - Domestic	56331.0 .	187704.0 .	61134.0 .
Commercial Vehicles Sold - Monthly - Domestic	33326.0 .	3418.0 .	n/a
Three Wheelers Sold - Monthly - Domestic	9899.0 .	n/a	n/a
Total Farm Equipment Sold - Monthly - Tractors	48411.0 .	n/a	n/a
Light Commercial Vehicles Sold - Monthly - Domestic	23427.0 .	3418.0 .	n/a
MHCV Sold - Monthly - Domestic	153.0 .	n/a	n/a
Unclassified
R&D as a % of Total Sales	3.0 %	n/a	n/a
Financials
5 yr Average ROE	14.07 %	11.45 %	13.25 %
5yr average Equity Multiplier	3.67	1.35	5.63
5yr Average Asset Turnover Ratio	0.55	1.15	1.01
5yr Avg Net Profit Margin	6.9 %	7.32 %	0.95 %
Price to Book	4.14	3.81	1.19
P/E	22.55	28.27	1.62
5yr Avg Cash Conversion Cycle	-40.26 Days	-36.93 Days	-70.3 Days
Inventory Days	43.89 Days	13.86 Days	43.45 Days
Days Receivable	17.4 Days	12.74 Days	12.53 Days
Days Payable	107.95 Days	57.66 Days	123.41 Days
5yr Average Interest Coverage Ratio	2.85	65.35	2.74
5yr Avg ROCE	12.38 %	13.99 %	10.69 %
5yr Avg Operating Profit Margin	17.5 %	10.27 %	11.02 %
5 yr average Debt to Equity	1.65	0.01	2.01
5yr CAGR Net Profit	48.14 %	27.0 %	n/a
5yr Average Return on Assets	3.89 %	8.46 %	1.91 %
Shareholdings
Promoter Holding	18.45 %	58.53 %	42.56 %
Share Pledged by Promoters	0.02 %	0.0	0.0
Change in Promoter Holding (3 Yrs)	-0.92 %	2.05 %	-3.83 %
Change in Mutual Fund Holding (3 Yrs)	2.19 %	3.3 %	0.97 %

Business

	Mahindra & Mahindra	Maruti Suzuki	Tata MotorsPassenger
Product Wise Break-Up	Product Wise Break-Up Automobile 60.74 Farm Equipment 17.75 Industrial Businesses and Consumer Services 11.73 Financial Services 9.79 Hospitality 0 Real estate 0 Other operating revenues 0 0 Passenger Vehicles 0 Vehicle financing 0 Jaguar Land Rover 0 Passenger Vehicle 0 Commercial Vehicle 0	Product Wise Break-Up Automobile 0 Vehicle financing 0 Farm Equipment 0 Commercial Vehicle 0 Real estate 0 Financial Services 0 Hospitality 0 Jaguar Land Rover 0 4 Wheeler 82.21 Spare Parts & Accessories 12.69 Others 5.1 Passenger Vehicle 0 0	Product Wise Break-Up Automobile 0 Vehicle financing 0 Farm Equipment 0 Commercial Vehicle 0 Real estate 0 Financial Services 0 Hospitality 0 Jaguar Land Rover 82.03 Passenger Vehicles 0 0 Other operating revenues 0 4 Wheeler 17.96 0 Others 0.01
Location Wise Break-Up	Location Wise Break-Up India 90.63 Rest of the World 9.37 China 0 Rest of Europe 0 UK 0 USA 0	Location Wise Break-Up USA 0 India 79.7 China 0 Rest of Europe 0 Rest of the World 20.3 UK 0	Location Wise Break-Up USA 21.4 India 26.98 China 12.59 Europe 11.67 Rest of the World 0 UK 12.4 Others 14.96
Profit Before Tax	Profit Before Tax Automobile 54.07 Financial Services 20.93 Tractor 17.23 Industrial Businesses and Consumer Services 7.77 Real Estate 0 Hospitality 0	-	-
Asset Break-Up	Asset Break-Up Others 100	-	Asset Break-Up Others 100

Mahindra & Mahindra Ltd.

Mahindra & Mahindra Ltd.

Financial

Business

SIGN UP FOR FREE