FY31 revenue target of ₹15,000 crore
Management targets combined revenue of ₹15,000 crore by FY31, up from current levels, driven by market share gains and product expansion.
SML Mahindra · forward-looking guidance across the available source record.
Guidance tracker
Management targets combined revenue of ₹15,000 crore by FY31, up from current levels, driven by market share gains and product expansion.
SML Mahindra aims to increase combined market share from ~6% to 10-12% in the ILCV segment by FY31.
The company will launch its first electric bus in the current financial year (FY27) and evaluate further opportunities based on commercial viability.
To offset commodity cost inflation, SML has taken price increases of 2-3% from April 15, with further actions possible if needed.