{"id":3593,"date":"2025-02-06T16:24:50","date_gmt":"2025-02-06T10:54:50","guid":{"rendered":"https:\/\/www.eqwires.com\/tutorials\/?p=3593"},"modified":"2025-02-06T16:24:51","modified_gmt":"2025-02-06T10:54:51","slug":"mm-q3-preview-profit-may-zoom-up-to-32-yoy-to-rs-3249-cr-revenue-22","status":"publish","type":"post","link":"https:\/\/www.eqwires.com\/tutorials\/mm-q3-preview-profit-may-zoom-up-to-32-yoy-to-rs-3249-cr-revenue-22\/","title":{"rendered":"M&amp;M Q3 Preview: Profit may zoom up to 32% YoY to Rs 3,249 cr; revenue 22%"},"content":{"rendered":"\n<p id=\"speakable-summary\">Automobile giant Mahindra &amp; Mahindra (M&amp;M) will announce its December quarter of financial year 2025 (Q3FY25) results on Friday, February 7, 2025.&nbsp;<small>&nbsp;<\/small><\/p>\n\n\n\n<p>M&amp;M is expected to report strong performance for Q3FY25, driven by solid growth across its automotive and tractor segments.&nbsp;<small>&nbsp;<\/small><\/p>\n\n\n\n<p>Analysts predict a revenue increase of approximately 21 per cent Y-o-Y, with a healthy rise in tractor revenues (up 26 per cent Y-o-Y) and automotive sales (up 19 per cent Y-o-Y).&nbsp;<small>&nbsp;<\/small><\/p>\n\n\n\n<p id=\"speakable-summary\">Earnings before interest, tax, depreciation and amortisation (Ebitda) is expected to grow around 39 per cent, benefiting from a better product mix and improved operating efficiencies. Positive responses to new model launches and higher tractor volumes are likely to contribute to margin expansion.\u00a0<\/p>\n\n\n\n<p id=\"speakable-summary\">Overall, M&amp;M is on track to deliver a strong quarter with improved profitability across its business segments.<\/p>\n\n\n\n<p id=\"speakable-summary\">On the bourses, at 1:50 PM,\u00a0M&amp;M share price\u00a0was trading 1.27 per cent higher at Rs 3,137.20 per share. In comparison, BSE Sensex was trading 0.49 per cent lower at 77,889.05.<small>\u00a0<\/small><\/p>\n\n\n\n<p><em><strong>Given this, here\u2019s what top brokerage expect from M&amp;M in Q3 results:<\/strong><\/em><small>&nbsp;<\/small><\/p>\n\n\n\n<p><strong>Nomura<\/strong><small>&nbsp;<\/small><\/p>\n\n\n\n<p id=\"speakable-summary\">Analysts at Nomura forecast a 21 per cent Y-o-Y increase in M&amp;M&#8217;s revenue for Q3FY25, driven by a 17 per cent Y-o-Y growth in automotive volumes and a 20 per cent Y-o-Y rise in tractor volumes.\u00a0<\/p>\n\n\n\n<p id=\"speakable-summary\">Ebitda is expected to rise 38 per cent Y-o-Y to Rs 4,478.7 crore, while PAT is predicted at Rs 2,879 crore, up 17 per cent Y-o-Y.&nbsp;<small>&nbsp;<\/small><\/p>\n\n\n\n<p>Ebitda margin is expected to increase by 26bps Q-o-Q to 14.6 per cent. The overall revenue projection is Rs 30,689.3 crore.<small>&nbsp;<\/small><\/p>\n\n\n\n<p><strong>Elara Capital<\/strong><small>&nbsp;<\/small><\/p>\n\n\n\n<p id=\"speakable-summary\">Elara Capital analysts expect Mahindra &amp; Mahindra (M&amp;M) to report a revenue of Rs 30,801.4 crore for Q3FY25, reflecting a 21.8 per cent Y-o-Y growth. The growth is likely driven by strong responses to new model launches and an improved product mix, with tractor sales making up 36 per cent of total volume.\u00a0<\/p>\n\n\n\n<p id=\"speakable-summary\">Ebitda is forecasted at Rs 4,497 crore, up 39 per cent Y-o-Y, while recurring PAT is estimated at Rs 3,129.4 crore, up 27.5 per cent Y-o-Y.&nbsp;<small>&nbsp;<\/small><\/p>\n\n\n\n<p><strong>Kotak Institutional Equities<\/strong><small>&nbsp;<\/small><\/p>\n\n\n\n<p>Kotak Institutional Equities estimates M&amp;M&#8217;s revenues to rise 21 per cent Y-o-Y in Q3FY25, driven by a 26 per cent Y-o-Y growth in the tractor segment (with a 20 per cent increase in volumes) and a 19 per cent Y-o-Y growth in the automotive segment, fuelled by a 17 per cent increase in volumes.&nbsp;<small>&nbsp;<\/small><\/p>\n\n\n\n<p id=\"speakable-summary\">Ebitda margin is expected to improve 200bps Y-o-Y due to a richer segment mix and operating leverage benefits. Automotive Ebit margin is estimated at 9 per cent, while the tractor segment Ebit margin is predicted to improve by 310bps Y-o-Y to 18.6 per cent.\u00a0<\/p>\n\n\n\n<p id=\"speakable-summary\">The expected revenue is Rs 30,519.7 crore, Ebitda is Rs 4,511.4 crore (up 39.4 per cent Y-o-Y), and adjusted PAT is Rs 3,248.5 crore, up 32.4 per cent Y-o-Y.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.eqwires.com\/tutorials\/who-is-the-best-sebi-registered-investment-advisor-in-i\">Eqwires Research Analyst<\/a><\/strong><\/p>\n\n\n\n<p class=\"has-dark-gray-color has-text-color\"><strong><a href=\"https:\/\/www.eqwires.com\/\">Top-notch SEBI registered research analyst<\/a><\/strong><\/p>\n\n\n\n<p class=\"has-dark-gray-color has-text-color\"><strong><a rel=\"noreferrer noopener\" href=\"https:\/\/www.eqwires.com\/\" target=\"_blank\">Best SEBI registered Intraday tips provider <\/a><\/strong><\/p>\n\n\n\n<p class=\"has-dark-gray-color has-text-color\"><a href=\"mailto:info@eqwires.com\"><strong>info@eqwires.com<\/strong><\/a><\/p>\n\n\n\n<p class=\"has-dark-red-color has-text-color\"><strong><a href=\"https:\/\/t.me\/eqwires\">Telegram&nbsp;<\/a>|&nbsp;<a href=\"https:\/\/www.facebook.com\/eqwires\/\">Facebook&nbsp;<\/a>|&nbsp;<a href=\"https:\/\/instagram.com\/Eqwires\">Instagram<\/a><\/strong><\/p>\n\n\n\n<p class=\"has-dark-red-color has-text-color\"><strong>Call: +91 9624421555 \/&nbsp;<em>+91 9624461555<\/em><\/strong><\/p>\n\n\n\n<p><strong><a href=\"http:\/\/www.eqwires.com\/\">www.eqwires.com<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Automobile giant Mahindra &amp; Mahindra (M&amp;M) will announce its December quarter of financial year 2025 (Q3FY25) results on Friday, February 7, 2025.&nbsp;&nbsp; M&amp;M is expected to report strong performance for Q3FY25, driven by solid growth across its automotive and tractor segments.&nbsp;&nbsp; Analysts predict a revenue increase of approximately 21 per cent Y-o-Y, with a healthy rise in tractor revenues (up 26 per cent Y-o-Y) and automotive sales (up 19 per cent Y-o-Y).&nbsp;&nbsp; Earnings before interest, &hellip; <a href=\"https:\/\/www.eqwires.com\/tutorials\/mm-q3-preview-profit-may-zoom-up-to-32-yoy-to-rs-3249-cr-revenue-22\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;M&amp;M Q3 Preview: Profit may zoom up to 32% YoY to Rs 3,249 cr; revenue 22%&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":3594,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[],"class_list":["post-3593","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-sebi-registered-advisory-company"],"_links":{"self":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/3593","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/comments?post=3593"}],"version-history":[{"count":1,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/3593\/revisions"}],"predecessor-version":[{"id":3595,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/3593\/revisions\/3595"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/media\/3594"}],"wp:attachment":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/media?parent=3593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/categories?post=3593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/tags?post=3593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}