Sml Mahindra Limited · NSE:SMLMAH
Sml Mahindra — Shareholder Meeting (July 2026)
20 slides from Sml Mahindra's shareholder meeting presentation, Jul 21, 2026
Slide 1: Chairman's Presentation at the 42nd Annual General Meeting (exchange cover letter)
SML Mahindra Limited Trucks & Buses Regd. Office & Works: Village Asron, Distt. Shahid Bhagat Singh Nagar (Nawanshahr) Punjab – 144533 Tel +91 1881 270155 SML/SEC/2026-27-036 21st June, 2026 Dy. General Manager- The Secretary, Corporate Relationship Department National Stock Exchange of India Ltd. B
Slide 2: SML Mahindra Limited 42nd Annual General Meeting
SML Mahindra Limited 42nd Annual General Meeting 21st July 2026 SML Mahindra Ltd.
Slide 3: Year in Review
YEAR IN REVIEW 2 SML Mahindra Ltd.
Slide 4: Acquisition Recap
ACQUISITION RECAP 1st Aug, 2025: Mahindra Completes Acquisition of 58.96% Controlling Stake in SML Isuzu Board of Directors and Key Leadership of SML reconstituted 8th Oct, 2025: SML ISUZU renamed as SML Mahindra 3 SML Mahindra Ltd.
Slide 5: F26: CV Industry posts highest annual sales after seven years
F26: CV INDUSTRY posts highest annual sales after seven years The picture can't be displayed. Infrastructure Investment Logistics/ GST Reforms Policy Incentives Fleet Modernization E-commerce Growth #Vehicle Scrappage Policy CV Industry propelling the nation towards USD 5 trillion economy 4 SML Mahi
Slide 6: F26: Business Highlights
F26: BUSINESS HIGHLIGHTS Outgrowing Industry Revenue 18% 17% SML vs 13% Industry* All-time Highest Sales & Rating : AA- to AA+ Plant Production PAT 31% Dividend @ 235% * CV Industry >3.5 T 5 SML Mahindra Ltd.
Slide 7: F26: Volume and Market Share
F26: VOLUME AND MARKET SHARE Cargo Vehicles Passenger Vehicles 5412 11220 Volumes 28% YOY 12% YOY 3.6% 16.0% MS 20 bps YOY 80 bps YOY Market share % calculated basis respective segments of ILCV Trucks and ILCV Buses, CV Industry > 3.5T 6 SML Mahindra Ltd.
Slide 8: F26: Financial Results
F26: FINANCIAL RESULTS Rs cr. Revenue PAT 2,838 18% 31% 2,399 160 122 F25 F26 F25 F26 7 SML Mahindra Ltd.
Slide 9: F27Q1: Highlights
F27Q1 : HIGHLIGHTS ILCV BUS MARKET SHARE YoY VOLUME GROWTH 10% 2nd biggest player with 26.6%* REVENUE 13% PAT : Rs 64 Cr * For Mahindra’s Truck & Bus business (SML + Mahindra Truck and Bus Division) 8 SML Mahindra Ltd.
Slide 10: Driving Growth Responsibly
DRIVING GROWTH RESPONSIBLY SUPPORT TO UNDERPRIVILEGED RENOVATION OF SCHOOL UPGRADATION OF MEDICAL GIRLS IN THE FORM OF FEE & INFRASTRUCTURE IN THE FLOOD INFRASTRUCTURE AT GOVERNMENT UNIFORM AFFECTED AREAS HOSPITALS 9 SML Mahindra Ltd.
Slide 11: Truck & Bus Business: Strategic Roadmap
TRUCK & BUS BUSINESS : STRATEGIC ROADMAP 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 10 and Bus Division) SML Mahindra Ltd.
Slide 12: Creating 12,500 Cr Business by F31
CREATING 12,500 CR BUSINESS BY F31 Where are we today Where do we want to be Outcome (Market Share Trajectory) 20%+ ILCV Buses No. 3 Industry 12% (<12T) Player Leadership share 10-12% ILCV Trucks (5- Limited 6% Relevant Player share 18.5T) Presence 6% Enhanced presence HCV Trucks (28- Marginal in fo
Slide 13: Two-Pronged Growth Strategy
TWO-PRONGED GROWTH STRATEGY Deepen ILCV (Top 3) Focused Play in HCV Strengthen core bus & truck segments Expand into high-value heavy commercial vehicles The picture can't be displayed. The picture can't be displayed. The picture can't be displayed. The picture can't be displayed. The picture can't
Slide 14: Formidable Challenger with Strong Sub-Brands
FORMIDABLE CHALLENGER WITH STRONG SUB-BRANDS… STRONG SUB BRANDS 13 SML Mahindra Ltd.
Slide 15: Comprehensive Product Portfolio
…AND COMPREHENSIVE PRODUCT PORTFOLIO Goods Passenger M&HCV ICV LCV ILCV Bus COMBINED RANGE OF SPECIAL PURPOSE VEHICLES Troop carrier Ambulance 14 Water bowser Dual cab Reefer van Closed Diesel Bowser Closed SML Mahindra Ltd. container container
Slide 16: Accelerating Progress Across Key Strategic Pillars
ACCELERATING PROGRESS ACROSS KEY STRATEGIC PILLARS The picture can't be displayed. The picture can't be displayed. The picture can't be displayed. The picture can't be displayed. IMPROVE POWERTRAIN ENHANCE MANUFACTURING VALUE ENGINEERING SOURCING SYNERGIES Improve performance, Powerful engines to su
Slide 17: Integration Update
INTEGRATION UPDATE The picture can't be displayed. The picture can't be displayed. Integrated product & aggregate strategy Culture and policy alignment Industry best uptime & lowest TCO Common Talent Pool DIFFERENTIATED TALENT PRODUCTS The picture can't be displayed. The picture can't be dis
Slide 18: Transformation Roadmap
TRANSFORMATION ROADMAP F27-29 F28-32 F31-35 Consolidate Scale Maximize - Seamless Integration - Launch modern, - Operating Leverage - Execute and Realize competitive product through Scale Synergy Ideas portfolio - Premium positioning - Evaluate Structure - Strengthen Presence through Brand and - Inv
Slide 19: Closing statement on sustainable growth and market leadership
"Empowered by innovative products and customer-centric focus, we are confidently steering your Company towards a future of sustainable growth, market leadership, and unparalleled value creation." For Mahindra’s Truck & Bus business (SML + Mahindra Truck 18 and Bus Division) SML Mahindra Ltd.
Slide 20: Thank You
THANK YOU 19 SML Mahindra Ltd.