SML Mahindra created history in FY2025–26 by achieving its highest-ever annual sales, complemented by a record-breaking performance in March. This milestone underscores the company’s strong business fundamentals, disciplined execution, and growing customer confidence in the brand. The performance reinforces SML Mahindra’s commitment to operational excellence and its ability to deliver consistent growth in a highly competitive market.
Growth Across Key Business Segments
FY2025–26 witnessed robust performance across all major business segments for SML Mahindra Limited:
- The company outpaced industry growth, registering 17% growth against an industry average of around 13%, reflecting a positive variance of approximately 4–5%.
- Domestic operations continued to deliver steady growth, supported by sustained market demand.
- The institutional segment emerged as a key growth driver, recording nearly 2x (~100%) year-on-year growth, indicating a stronger foothold in government and bulk procurement segments.
- The export business maintained healthy momentum, delivering one of its strongest performances despite a challenging global environment.
- The truck segment recorded impressive growth of around 28%, highlighting increasing acceptance in cargo applications.
- The bus segment sustained consistent performance, driven by demand from school and staff transportation segments.
- Dealer bus sales reached an all-time high, underlining the strength and reach of the company’s expanding dealership network.
- The Spare Parts Division achieved its best-ever annual performance, reflecting strong aftermarket demand and enhanced service reach.
A Year of Historic Performance
FY2025–26 stands out as a landmark year for SML Mahindra, marked by record-breaking sales and a strengthened reputation for reliability, customer trust, and execution excellence. These achievements reflect the collective efforts of employees, the commitment of channel partners, and the continued trust of customers across markets.
Moving Forward with Momentum
Building on this historic performance, SML Mahindra is well-positioned for its next phase of growth. The company remains focused on expanding market presence, deepening customer engagement, and sustaining its performance-led growth trajectory.
Driven by its core philosophy of ‘Passion for Performance’, SML Mahindra continues to set new benchmarks and move forward with confidence towards an even stronger future.