Sml Mahindra Limited · NSE:SMLMAH
Sml Mahindra — Merger or Acquisition (July 2026)
14 slides from Sml Mahindra's merger presentation, Jul 29, 2026
Slide 1: Intimation of Analyst/Press Meeting Schedule
SML Mahindra Limited Trucks & Buses Regd. Office & Works: Village Asron, Distt. Shahid Bhagat Singh Nagar (Nawanshahr) Punjab – 144533 Tel +91 1881 270155 SML/SEC/2026-27-42 29th July, 2026 Dy. General Manager- The Secretary, Corporate Relationship Department National Stock Exchange of India Ltd. BS
Slide 2: Intimation of Analyst/Press Meeting Schedule (continued)
SML Mahindra Limited Trucks & Buses Regd. Office & Works: Village Asron, Distt. Shahid Bhagat Singh Nagar (Nawanshahr) Punjab – 144533 Tel +91 1881 270155 Sr. Details required Particulars No 5 Disclaimers/note to The live webcast also provides a facility to ask your complete/ease questions, if any,
Slide 3: SML Mahindra Limited Analyst & Press Meet
SML Mahindra Limited Analyst & Press Meet 29th July 2026
Slide 4: Safe Harbor Statement
SAFE HARBOR STATEMENT “Certain statements in this meeting with regard to our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements.”
Slide 5: Our Aspiration: Top 3 in India's ILCV Trucks & Buses
OUR ASPIRATION “ Top 3 “ in India’s ILCV Trucks & Buses with a focused play in HCVs For Mahindra’s Truck & Bus business (SML + Mahindra Truck and Bus Division) 3
Slide 6: Creating INR 12,500 Cr Business by F31
CREATING INR 12,500 CR BUSINESS BY F31 Where are Where do we Outcome we today want to be (Market Share Trajectory) 20%+ 12% ILCV Buses (<12T) No. 3 Player Industry Leadership share 10-12% 6% Limited share ILCV Trucks (5-18.5T) Relevant Player Presence 6% Marginal Enhanced presence HCV Trucks (28-55T
Slide 7: Adopting a Two-Pronged Growth Strategy
ADOPTING A TWO-PRONGED GROWTH STRATEGY… Deepen ILCV (Top 3) Focused Play in HCV Strengthen core bus & truck segments Expand into high-value heavy commercial vehicles INTEGRATED PRODUCT LEVERAGE EACH OTHER’S PROFIT POOL REINVIGORATING HCV ROADMAP BRAND EQUITY OPPORTUNITY STRATEGY FOCUSED INVESTMENT/
Slide 8: To Create a Powerful Challenger
…TO CREATE A POWERFUL CHALLENGER… STRONG SUB BRANDS 6
Slide 9: With a Comprehensive Product Portfolio
…WITH A COMPREHENSIVE PRODUCT PORTFOLIO… Goods Passenger M&HCV ICV LCV ILCV Bus Combined range of special purpose vehicles Troop carrier 7 Ambulance Water bowser Dual cab Reefer van Closed container Diesel Bowser Closed container
Slide 10: A Set of Initiatives to Achieve Our Ambition
…AND A SET OF INITIATIVES TO ACHIEVE OUR AMBITION PRODUCT PORTFOLIO STRENGTHEN R&D VALUE ENGINEERING NETWORK SYNERGIES Development of wider Addressing gaps through Design, cost and process Cross-leverage dealers product range and alternate platform sharing & rebadging optimization across brands fuel
Slide 11: Combination Unlocks Full Potential
COMBINATION UNLOCKS FULL POTENTIAL… Without Combination With Combination Product Portfolio Product Strengthen R&D Value Engineering Service Network Integration Network Optimal Integration of Sales Network Sourcing Synergies Operations Harmonized Leadership & Talent Enhanced Manufacturing Combining t
Slide 12: Creating Significant Shareholder Value
…CREATING SIGNIFICANT SHAREHOLDER VALUE Scale Benefit Formidable Commercial Harmonizing Maximizing Investor Cost Synergies Challenger Synergies Leadership & Talent Value Operational Maximized Sales and Integrated structure Unified Truck & Bus Broad portfolio backed consolidation drives Product Devel
Slide 13: Transaction Overview
TRANSACTION OVERVIEW Current Going Forward Unified Truck & Bus Auto Division Auto Subsidiary Subsidiary ▪ Acquisition of MTBD* division on a Slump Sale basis by SML Mahindra ▪ Consideration: INR 525 cr., (subject to working capital adjustments as set out in the BTA) ▪ M&M to continue manufacturing o
Slide 14: Thank you
smL. mahincdra Thank you