About the Group

We’ve matured rapidly since our founding in 1945, and today, we are a US $16.9 billion global federation of companies. We have a presence in 20 key industries that form the foundation of every modern economy, and our federated structure empowers us to pursue excellence across competencies and create opportunities for synergies. We have seven listed companies including our flagship company, Mahindra & Mahindra.

History

Seven decades in the making, our history is definitive of the growth of modern India.

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Structure

We are a federation of companies divided into 10 business sectors.

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Core Purpose

We’ve made humanity’s innate desire to Rise our driving purpose.

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Core Values

Our set of core values is the compass that guides our actions, both personal and corporate.

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Our Aspiration

By 2021, we aspire to be among the fifty most admired global brands, by inspiring people everywhere to Rise.

How we get to the summit is just as important to us as getting there. It means taking the road less travelled. Creating value aligned to our values and our core purpose. And excelling in businesses that leave a lasting, positive impact on the world.

In the News

25 April, 2016

“If monsoon is above average, our business could see turnaround”: Ramesh Iyer

BUSINESS STANDARD

The March quarter was the best in FY16 for Mahindra & Mahindra Financial Services. Ramesh Iyer, vice-chairman & managing director, Mahindra & Mahindra Financial Services talks about what lies ahead.

22 April, 2016

Anand Mahindra invokes ‘manthan’ to highlight Paris climate deal

UNITED NATIONS

Chairman, Anand Mahindra speaks at the opening of the high level signature ceremony for the Paris Climate Agreement at the United Nations.

15 April, 2016

The world is changing

BBC

The BBC's Russell Padmore caught up with Chetan Maini, electric car pioneer, to ask him more about the challenges facing electric cars and convincing drivers to buy one.

12 April, 2016

Prince William pilots Mahindra Racing’s Formula E simulator

CNN

The heir to the British throne impressed after driving the Mahindra Racing team's race simulator on a tour of India with his wife Catherine.

Creating Value

"We see ourselves not as quick fix players, but as builders of business. We stand by our strategic convictions and follow through on execution"

- Anand Mahindra

Chairman’s address

Dear Shareholders,

"I believe the answer lies in the word you see on the cover of your annual report – Resilience. And while our results this year are not ideal, I do believe that they are, nevertheless commendable in a difficult year, and prove that your company has the resilience to ride out volatility and uncertainty."

Financial Highlights

Group Revenues and Profits have grown substantially in the last five years, except for a dip in a very tough year FY15. Browse through the Group's key financial highlights below.

Growing Rapidly

In the last ten years, Automotive volumes have grown at a CAGR of 13.6% while Tractor volumes have grown at a CAGR of 12%

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Growth through Acquisitions

In the last decade or so, we have made several acquisitions, to grow our capabilities, access new technology and broaden our global footprint. Notable amongst these include Punjab Tractors, Satyam Computers, Gipps Aero, Reva Electric Vehicles, SsangYong Motor Company and Peugeot Scooters.

Automotive Division

We introduced the utility vehicle to India in 1947. Today, we're the country's pre-eminent and pioneering automotive brand.

464,850 vehicles sold in 2015

Farm Division

Our farm division maintains market leadership as India's #1 and world's largest selling tractor brand by volume.

234,766 tractors sold in 2015

Investor

Creating lasting value for investors is central to our success.

M&A Matters
  • Mahindra and Airbus announce "Make in India" partnership

  • Mitsubishi Heavy Industries and Mahindra enter into Strategic...

  • Mahindra Two Wheelers acquires 51 per cent stake in...

Social Responsibility

For us, Corporate Social Responsibility (CSR) is not just an integral part of our business, but also a defining facet of who we are. It remains a key motivation behind our desire to drive positive change, embedded in our philosophy of empowering people everywhere to Rise

Sustainability

For us, sustainability means not only the conservation of the environment, but also the well being of our stakeholders, communities and the world-at-large.

Group at a glance

We are the world’s largest tractor brand by volume, India’s largest utility vehicle manufacturer, and several of our businesses enjoy leadership positions in the industries in which they operate. We remain committed to investing in technology, growing our global presence and maintaining our leadership position.

Auto

India's #1 UV maker

Farm

World’s largest tractor brand by volume

Financial Services

Largest NBFC in rural and semi-urban India

Hospitality

India’s #1 Vacation Ownership company

Information Technology

Top 5 IT service provider from India

Pre-Owned Cars

India’s largest multi-brand, pre-owned car company