Mahindra & Mahindra Limited (NSE:M&M) — Market Cap & Net Worth

$40.75 Billion USD · Rs3.77 Trillion INR · Rank #669

Market Cap & Net Worth: Mahindra & Mahindra Limited (M&M)

Mahindra & Mahindra Limited (NSE:M&M) has a market capitalization of $40.75 Billion (Rs3.77 Trillion) as of June 18, 2026. Listed on the NSE stock exchange, this India-based company holds position #669 globally and #11 in its home market, demonstrating a 5.80% increase in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Mahindra & Mahindra Limited's stock price Rs3137.90 by its total outstanding shares 1200762264 (1.20 Billion). Review total liabilities of Mahindra & Mahindra Limited to assess the company's total debt and financial obligations.

Mahindra & Mahindra Limited Market Cap History: 2015 to 2026

Mahindra & Mahindra Limited's market capitalization history from 2015 to 2026. Data shows growth from $7.56 Billion to $40.75 Billion (16.99% CAGR).

Index Memberships

Mahindra & Mahindra Limited is a constituent of 9 market indices:

Index	Total Market Cap	Weight (%)	Rank by Market Cap
NIFTY AUTO CNXAUTO	$143.90 Billion	28.32%	#1 of 15
NIFTY CONSUMPTION CNXCONSUM	$449.81 Billion	9.06%	#3 of 30
NIFTY GROWTH SECTORS 15 NI15	$259.44 Billion	15.71%	#2 of 15
NIFTY 100 NIFTY100	$2.02 Trillion	2.02%	#11 of 100
NIFTY100 EQUAL WEIGHT NIFTY100EW	$1.76 Trillion	2.32%	#9 of 99
NIFTY 200 NIFTY200	$2.55 Trillion	1.60%	#11 of 200
NIFTY 500 NIFTY500	$3.11 Trillion	1.31%	#11 of 500
Nifty Low Volatility 50 NIFTYLVI	$958.95 Billion	4.25%	#6 of 48
NIFTY TOTAL MARKET NIFTYTOTALMKT	$3.20 Trillion	1.27%	#11 of 750

Weight: Mahindra & Mahindra Limited's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Mahindra & Mahindra Limited Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Mahindra & Mahindra Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

0.02x

Mahindra & Mahindra Limited's market cap is 0.02 times its annual revenue

Industry average: 8.84x Lower than industry average

Latest Price to Earnings (P/E) Ratio

0.24x

Mahindra & Mahindra Limited's market cap is 0.24 times its annual earnings

Industry average: 0.21x Higher than industry average

What These Ratios Tell Investors:

Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
Industry comparison provides context for whether the company is valued higher or lower than peers.

Year	Market Cap (USD)	Revenue (USD)	Net Income (USD)	P/S Ratio	P/E Ratio
2017	$9.14 Billion	$820.69 Billion	$36.98 Billion	0.01x	0.25x
2018	$9.87 Billion	$907.70 Billion	$75.10 Billion	0.01x	0.13x
2019	$6.61 Billion	$1.03 Trillion	$53.15 Billion	0.01x	0.12x
2020	$9.00 Billion	$743.04 Billion	$1.27 Billion	0.01x	7.09x
2021	$10.57 Billion	$726.79 Billion	$18.12 Billion	0.01x	0.58x
2022	$15.96 Billion	$884.40 Billion	$65.77 Billion	0.02x	0.24x
2023	$22.24 Billion	$1.19 Trillion	$102.81 Billion	0.02x	0.22x
2024	$39.05 Billion	$1.36 Trillion	$112.69 Billion	0.03x	0.35x
2025	$48.17 Billion	$1.56 Trillion	$129.29 Billion	0.03x	0.37x
2026	$40.75 Billion	$1.98 Trillion	$170.99 Billion	0.02x	0.24x

Competitor Companies of M&M by Market Capitalization

Companies near Mahindra & Mahindra Limited in the global market cap rankings as of June 18, 2026.

Key companies related to Mahindra & Mahindra Limited by market ranking:

Tesla Inc (NASDAQ:TSLA): Ranked #9 globally with a market cap of $1.49 Trillion USD.
Toyota Motor Corporation ADR (NYSE:TM): Ranked #70 globally with a market cap of $255.57 Billion USD.
Toyota Motor Corporation (MX:TMN): Ranked #83 globally with a market cap of $230.95 Billion USD ( MX$4.01 Trillion MXN).
Toyota Motor Corporation (F:TOM): Ranked #117 globally with a market cap of $183.54 Billion USD ( €156.99 Billion EUR).

Market capitalization comparison (in billions USD)

Rank	Company	Symbol	Market Cap	Price
#9	Tesla Inc	NASDAQ:TSLA	$1.49 Trillion	$404.66
#70	Toyota Motor Corporation ADR	NYSE:TM	$255.57 Billion	$196.08
#83	Toyota Motor Corporation	MX:TMN	$230.95 Billion	MX$3079.00
#117	Toyota Motor Corporation	F:TOM	$183.54 Billion	€15.24

Mahindra & Mahindra Limited Historical Marketcap From 2015 to 2026

Between 2015 and today, Mahindra & Mahindra Limited's market cap moved from $7.56 Billion to $ 40.75 Billion, with a yearly change of 16.99%.

Year	Market Cap	Change (%)
2026	Rs40.75 Billion	-15.40%
2025	Rs48.17 Billion	+23.35%
2024	Rs39.05 Billion	+75.61%
2023	Rs22.24 Billion	+39.33%
2022	Rs15.96 Billion	+51.01%
2021	Rs10.57 Billion	+17.37%
2020	Rs9.00 Billion	+36.31%
2019	Rs6.61 Billion	-33.07%
2018	Rs9.87 Billion	+7.96%
2017	Rs9.14 Billion	+28.63%
2016	Rs7.11 Billion	-5.98%
2015	Rs7.56 Billion	--

End of Day Market Cap According to Different Sources

On Jun 17th, 2026 the market cap of Mahindra & Mahindra Limited was reported to be:

Source	Market Cap
Yahoo Finance	$40.75 Billion USD
MoneyControl	$40.75 Billion USD
MarketWatch	$40.75 Billion USD
marketcap.company	$40.75 Billion USD
Reuters	$40.75 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Mahindra & Mahindra Limited

NSE:M&M India Auto Manufacturers

Market Cap

$40.75 Billion

Rs3.77 Trillion INR

Market Cap Rank

#669 Global

#11 in India

Share Price

Rs3137.90

Change (1 day)

+0.11%

52-Week Range

Rs2931.10 - Rs3802.40

All Time High

Rs3802.40