Mahindra & Mahindra Limited (M&M) — Net Asset Momentum

Latest YoY growth as of March 2026: -50.0%

Mahindra & Mahindra Limited (M&M) recorded a net asset momentum of -50.0% as of March 2026, with net assets of Rs445.70 Billion INR. Net Asset Momentum measures the year-over-year percentage change in net assets (total assets minus total liabilities), indicating how rapidly the company is building or eroding its equity base. See operational self-sufficiency of Mahindra & Mahindra Limited to measure how many days the company can operate on defensive assets alone.

YoY Momentum

-50.0%
Year-over-year

Current Net Assets

Rs445.70 Billion
INR · March 2026

Years of Data

22
2005 – 2026

Country

India
NSE

Mahindra & Mahindra Limited Net Asset Momentum (2005–2026)

This chart tracks Mahindra & Mahindra Limited's year-over-year net asset growth across 22 annual reporting periods from 2005 to 2026. The most recent momentum reading is -50.0%, with net assets of Rs445.70 Billion INR as of March 2026. Read M&M liabilities breakdown for a breakdown of total debt and financial obligations.

Annual Net Asset History for Mahindra & Mahindra Limited (2005–2026)

The table below shows the complete annual net asset history for Mahindra & Mahindra Limited from 2005 to 2026, covering 22 yearly periods. Each row includes total assets, total liabilities, net assets, and the year-over-year momentum figure for that period. For live market cap and broader valuation context, see Mahindra & Mahindra Limited (M&M) total market value.

Year Net Assets (INR) Total Assets Total Liabilities YoY Momentum
2026 Rs445.70 Billion Rs1.49 Trillion Rs1.04 Trillion ▼ -50.0%
2025 Rs890.98 Billion Rs2.78 Trillion Rs1.88 Trillion ▲ +15.0%
2024 Rs775.09 Billion Rs2.36 Trillion Rs1.59 Trillion ▲ +15.5%
2023 Rs670.82 Billion Rs2.06 Trillion Rs1.39 Trillion ▲ +18.0%
2022 Rs568.25 Billion Rs1.74 Trillion Rs1.17 Trillion ▲ +12.2%
2021 Rs506.52 Billion Rs1.66 Trillion Rs1.16 Trillion ▲ +6.3%
2020 Rs476.61 Billion Rs1.67 Trillion Rs1.19 Trillion ▼ -1.4%
2019 Rs483.44 Billion Rs1.63 Trillion Rs1.15 Trillion ▲ +7.4%
2018 Rs450.26 Billion Rs1.37 Trillion Rs921.85 Billion ▲ +24.7%
2017 Rs360.95 Billion Rs1.15 Trillion Rs787.31 Billion ▲ +3.3%
2016 Rs349.47 Billion Rs1.08 Trillion Rs732.76 Billion ▲ +10.1%
2015 Rs317.49 Billion Rs948.44 Billion Rs630.95 Billion ▲ +9.3%
2014 Rs290.40 Billion Rs882.70 Billion Rs592.30 Billion ▲ +15.0%
2013 Rs252.58 Billion Rs764.70 Billion Rs512.12 Billion ▲ +18.6%
2012 Rs212.95 Billion Rs638.69 Billion Rs425.74 Billion ▲ +14.4%
2011 Rs186.21 Billion Rs501.62 Billion Rs315.41 Billion ▲ +47.2%
2010 Rs126.51 Billion Rs356.46 Billion Rs229.96 Billion ▲ +25.3%
2009 Rs101.00 Billion Rs313.22 Billion Rs212.22 Billion ▲ +13.5%
2008 Rs88.99 Billion Rs259.41 Billion Rs170.41 Billion ▲ +36.6%
2007 Rs65.16 Billion Rs198.63 Billion Rs133.48 Billion ▲ +42.4%
2006 Rs45.74 Billion Rs135.42 Billion Rs89.68 Billion ▲ +66.4%
2005 Rs27.48 Billion Rs93.52 Billion Rs66.04 Billion