Mahindra & Mahindra Ltd. · NSE:M&M
Mahindra & Mahindra — Merger or Acquisition (April 2025)
10 slides from Mahindra & Mahindra's merger presentation, Apr 28, 2025
Slide 1: Cover letter to stock exchanges for analyst meeting presentation
Mahindra & Mahindra Ltd. Mahindra Towers, Dr. G. M. Bhosale Marg, Worli, Mumbai 400 018 India Tel: +91 22 2490 1441 Fax: +91 22 2490 0833 www.mahindra.com REF:NS:SEC: 28th April, 2025 National Stock Exchange of India Limited BSE Limited "Exchange Plaza", 5th Floor, Phiroze Jeejeebhoy Towers, Plot No
Slide 2: Press & Analyst Meet
PRESS & ANALYST MEET 28th April 2025
Slide 3: Our Journey So Far
OUR JOURNEY SO FAR FY25 .. FY22 - 24 FY21 Deliver Scale Pivot to growth Capital Capitalize on Market Leadership Allocation Unlock full potential 5X growth challenge Disciplined capital allocation 2
Slide 4: Delivering Scale
DELIVERING SCALE Disciplined Capital Allocation Strong Meaningful Market Leading Ability to Right to Win Potential Returns Execute 3
Slide 5: M&M's Market Leadership
M&M’S MARKET LEADERSHIP SUV Tractor <3.5T LCV e-3W #1 #1 #1 #1 23%* revenue MS 43.3%** MS 51.9%^ MS 42.9%** MS > 3.5T CV: # 5 with 3%^ MS 4 *For the period of Q3FY25, **F25 market share, ^Source: F25 SIAM data, Bolero Max Pickup 2T variant has been classified under LCV 2-3.5T. In SIAM it is classifi
Slide 6: SML Acquisition
SML ACQUISITION ✓ Acquisition from Sumitomo and Isuzu: - 59% stake at SML - At Rs. 650 per share - Total Rs 555 cr ✓ Open Offer: - Upto 26% stake in SML - At Rs. 1554.6 per share - Upto Rs 585 cr The transaction is subject to receipt of CCI Approval and completion of closing conditions under the def
Slide 7: Mahindra Truck & Bus + SML
MAHINDRA TRUCK & BUS + SML Immediate Outcome with Mahindra Truck & Bus Today + SML* 3%^ MS in F25 Market share : 6%^ (Mahindra Truck & Bus MS) Revenue : 5000+ Cr** #4 OEM^ in >3.5T CV Aspiration Cost, Platform, aggregates, operations, Network, Supplier synergy 10-12% MS in F31 Strong bus presence :
Slide 8: The Combined Strength & Synergy
THE COMBINED STRENGTH & SYNERGY Industry Success Factors Mahindra Truck & Bus + SML* Best in FE** and TCO**, amongst best in reliability, customer ✓ Differentiated Products service & response time With SML, participation improves, significant strength in ✓ Comprehensive product range buses, launch o
Slide 9: Summary
SUMMARY • Appealing Deal, which is a Strong Strategic Fit • Enable Growth Aspirations: Subscale to Scale - Immediate 2X Scale - 3X by F31 / 6X by F36 • Immediate Synergies: - Profitable setup with frugal manufacturing & engineering capabilities - Product Complementarities - Scale to enable Ecosystem
Slide 10: Thank You
THANK YOU 9
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