---
title: "SML Mahindra Ltd (SMLMAH) — Share Price, Financials & Analysis"
symbol: "SMLMAH"
company: "SML Mahindra Ltd"
canonical: "https://tapetide.com/stocks/SMLMAH"
isin: "INE294B01019"
nse_symbol: "SMLMAH"
bse_code: "505192"
sector: "Industrials"
industry: "Agricultural, Commercial & Construction Vehicles"
market_cap_cr: 9069.38
generated_at: "2026-09-13T18:26:23.278Z"
---

# SML Mahindra Ltd (SMLMAH)

Canonical page: https://tapetide.com/stocks/SMLMAH

## Company

- **NSE Symbol:** SMLMAH
- **BSE Code:** 505192
- **ISIN:** INE294B01019
- **Sector:** Industrials
- **Industry:** Agricultural, Commercial & Construction Vehicles
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2003-08-29
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** smlmahindra.com

## About

SML ISUZU LIMITED was incorporated as Swaraj Vehicles Ltd in 1983 and was promoted by Punjab Tractors Ltd with technical collaboration  Mazda Motor Corporation, Japan, and Sumitomo Corporation, Japan. In 2004,  the technical collaboration agreement with Mazda expired 2004 and sold its entire stake to Sumitomo Corporation and in the same time, it signed a  technical assistance agreement with Isuzu Motors.
In 2011, it was renamed as SML ISUZU and Sumitomo Corporation(Japan) and Isuzu Motors(Japan) own 44% and 15% stake, respectively [1]

## Latest Price

- **Price:** ₹6583
- **Change:** +305 (+4.86%)
- **Open:** ₹6219
- **Day High:** ₹6591.5
- **Day Low:** ₹6064.5
- **Previous Close:** ₹6278
- **Volume:** 109374
- **As Of:** 2026-09-11T10:27:11+00:00

## Key Fundamentals

Observed at 2026-09-11T04:54:30.927855Z.

- **Market Cap:** ₹9069.38 Cr
- **Classification:** Microcap
- **P/E (reported):** 58.1
- **P/E (TTM):** 60.91
- **EPS (TTM):** ₹108.08
- **EPS (reported):** ₹84.64
- **Book Value:** ₹358.9
- **Price to Book:** 17.5
- **Dividend Yield:** 0.37%
- **ROE:** 30.76%
- **ROCE:** 38.66%
- **Debt to Equity:** 0.56
- **Revenue (yearly):** ₹2846.2 Cr
- **Net Income:** ₹159.8 Cr
- **EBITDA:** ₹286.7 Cr
- **52-Week High:** ₹6654
- **52-Week Low:** ₹2719
- **RSI (14):** 67.01

## Tapetide Score

- **Score:** 57 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Average · Valuation: Expensive · Momentum: Rising
- **Percentile:** 77.8 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 45.69 | 9% |
| growth | 52.11 | 9% |
| momentum | 88.22 | 12% |
| ownership | 70.85 | 24% |
| quality | 59.63 | 22% |
| valuation | 38.27 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has delivered good profit growth of 26.2% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 38.2%
- Company has been maintaining a healthy dividend payout of 21.4%

### Weaknesses

- Stock is trading at 18.3 times its book value
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -12% | 414.39% | 939.28% |
| ebitda margin growth | 8.92% | 0.7% | 20.31% | -365.7% |
| net income growth | 17.34% | 31.31% | 100% | 26% |
| revenue growth | 6.5% | 18.35% | 16% | 37% |
| roce | — | 6.12% | 11.06% | 18.26% |
| roe | — | -3.27% | 33.44% | -149.79% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 499 | 386 | 680 | 746 | 550 | 332 | 771 | 846 | 555 | 539 | 898 | 958 |
| Expenses | 459 | 364 | 608 | 665 | 505 | 313 | 681 | 741 | 513 | 498 | 807 | 857 |
| Operating Profit | 39 | 22 | 71 | 81 | 45 | 18 | 90 | 105 | 42 | 41 | 90 | 100 |
| OPM % | 8 | 6 | 10 | 11 | 8 | 6 | 12 | 12 | 8 | 8 | 10 | 10 |
| Other Income | 0 | 1 | 2 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 1 |
| Interest | 7 | 8 | 11 | 8 | 6 | 7 | 9 | 5 | 3 | 6 | 7 | 3 |
| Depreciation | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 13 | 13 | 13 | 13 |
| Profit before tax | 21 | 3 | 50 | 62 | 29 | 1 | 71 | 90 | 28 | 24 | 73 | 85 |
| Tax % | 0 | 6 | -4 | 25 | 24 | 29 | 26 | 25 | 26 | 25 | 25 | 25 |
| Net Profit | 21 | 3 | 52 | 46 | 22 | 1 | 53 | 67 | 21 | 18 | 54 | 64 |
| EPS in Rs | 14.57 | 1.85 | 36.15 | 32.06 | 15.06 | 0.37 | 36.59 | 46.27 | 14.55 | 12.12 | 37.45 | 43.96 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1135 | 1409 | 1154 | 591 | 924 | 1822 | 2196 | 2399 | 2838 | 2950 |
| Expenses | 1090 | 1335 | 1142 | 660 | 965 | 1740 | 2017 | 2164 | 2560 | 2676 |
| Operating Profit | 45 | 74 | 12 | -69 | -41 | 82 | 179 | 235 | 278 | 273 |
| OPM % | 4 | 5 | 1 | -12 | -4.5 | 4.5 | 8 | 10 | 10 | 9 |
| Other Income | 3 | 4 | 5 | 5 | 6 | 3 | 5 | 6 | 8 | 7 |
| Interest | 11 | 16 | 15 | 23 | 22 | 25 | 30 | 30 | 21 | 18 |
| Depreciation | 28 | 38 | 41 | 46 | 44 | 42 | 48 | 48 | 52 | 53 |
| Profit before tax | 9 | 24 | -38 | -133 | -100 | 17 | 106 | 162 | 214 | 210 |
| Tax % | 10 | 20 | -45 | 0 | -1 | -15 | -1 | 25 | 25 | — |
| Net Profit | 8 | 20 | -21 | -133 | -100 | 20 | 108 | 122 | 160 | 156 |
| EPS in Rs | 5.87 | 13.52 | -14.55 | -92.24 | -68.94 | 13.71 | 74.55 | 84.08 | 110.39 | 108.08 |
| Dividend Payout % | 26 | 22 | 0 | 0 | 0 | 0 | 21 | 21 | 21 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 389 | 384 | 399 | 370 | 241 | 147 | 163 | 271 | 368 | 505 |
| Borrowings | 41 | 212 | 246 | 185 | 261 | 298 | 265 | 421 | 327 | 289 |
| Other Liabilities | 341 | 377 | 435 | 289 | 279 | 357 | 494 | 506 | 590 | 588 |
| Total Liabilities | 785 | 987 | 1095 | 859 | 796 | 816 | 937 | 1213 | 1299 | 1397 |
| Fixed Assets | 215 | 365 | 380 | 426 | 389 | 349 | 356 | 340 | 321 | 337 |
| CWIP | 78 | 35 | 27 | 3 | 5 | 16 | 11 | 11 | 59 | 47 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 492 | 587 | 688 | 429 | 403 | 450 | 569 | 861 | 919 | 1013 |
| Total Assets | 785 | 987 | 1095 | 859 | 796 | 816 | 937 | 1213 | 1299 | 1397 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 121 | -33 | 55 | 150 | -47 | -19 | 90 | -50 | 177 | 156 |
| Cash from Investing Activity | -89 | -98 | -58 | -47 | -28 | -7 | -42 | -46 | -61 | -66 |
| Cash from Financing Activity | -34 | 146 | 10 | -97 | 60 | 17 | -55 | 127 | -148 | -89 |
| Net Cash Flow | -2 | 15 | 8 | 6 | -15 | -8 | -7 | 31 | -32 | 1 |
| Free Cash Flow | 1 | -132 | -6 | 102 | -66 | -38 | 49 | -87 | 116 | 86 |
| CFO/OP | 132 | -60 | 80 | 1259 | 67 | 71 | 103 | -27 | 76 | 75 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 31 | 38 | 38 | 12 | 24 | 31 | 15 | 28 | 40 | 35 |
| Inventory Days | 107 | 158 | 146 | 109 | 202 | 143 | 105 | 125 | 116 | 111 |
| Days Payable | 70 | 92 | 94 | 67 | 142 | 118 | 73 | 71 | 74 | 68 |
| Cash Conversion Cycle | 69 | 104 | 91 | 54 | 84 | 56 | 48 | 81 | 82 | 78 |
| Working Capital Days | 44 | 41 | 28 | 8 | -69 | -74 | -31 | -7 | 17 | 23 |
| ROCE % | 22 | 4 | 6 | -4 | -20 | -16 | 9 | 24 | 27 | 31 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 43.96% | 43.96% | 43.96% | 43.96% | 43.96% | 43.96% | 43.96% | 43.96% | 58.97% | 58.97% | 58.97% | 58.97% |
| FIIs | 15.28% | 15% | 15.81% | 15.32% | 15.35% | 15.32% | 15.24% | 15.73% | 1.8% | 0.61% | 0.77% | 1.24% |
| DIIs | 0% | 0% | 0% | 0.07% | 0.05% | 0% | 0.04% | 0.29% | 0.63% | 0.64% | 1.56% | 2.43% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 36.22% | 35.46% | 35.5% | 35.79% | 36.04% | 36.15% | 36.23% | 34.45% | 33.21% | 33.74% | 32.5% | 31.74% |
| Others | 4.53% | 5.57% | 4.72% | 4.86% | 4.6% | 4.57% | 4.53% | 5.56% | 5.4% | 6.04% | 6.21% | 5.62% |
| No. of Shareholders | 24883 | 25023 | 25447 | 27367 | 29465 | 29445 | 29915 | 28716 | 37373 | 36718 | 39068 | 41457 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 3 / 3

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 6000.15 | Buy |
| EMA (10) | 6100.17 | Buy |
| SMA (20) | 5615.55 | Buy |
| EMA (20) | 5760.92 | Buy |
| SMA (50) | 4998.48 | Buy |
| EMA (50) | 5183.37 | Buy |
| SMA (100) | 4419.02 | Buy |
| EMA (100) | 4721.69 | Buy |
| SMA (200) | 4212.09 | Buy |
| EMA (200) | 4205.71 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 70.95 | Sell |
| MACD (12,26,9) | 404.69 | Buy |
| Stochastic (14,3,3) | 89.27 | Sell |
| ADX (14) | 49.81 | Buy |
| Williams %R (14) | -4.51 | Sell |
| ATR (14) | 307.44 | High Volatility |
| ROC (12) | 26.83 | Buy |
| Stoch RSI (14) | 77.67 | Neutral |
| UO (7,14,28) | 69.54 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=99311b08-b115-4893-8266-44ed580b2788.pdf) |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Monthly Business Updates](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6c69bbd3-efd1-49c1-9a58-b8106445d983.pdf) |
| 2026-09-07 | [Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fca5b405-10be-4ce1-850b-3fa121aab7b0.pdf) |
| 2026-09-07 | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0adb357f-154f-4704-be7a-4161ed5e4657.pdf) |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Monthly Business Updates](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6a8ab80b-6887-4692-a870-e332dc7df947.pdf) |
| 2026-08-25 | [Additional Information To The Shareholders - Dissemination Of Business Valuation Report And Fairness Opinion Referred To In The Postal Ballot Notice Dated 7Th August 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=53cd5d70-583e-4157-9395-48218e7a7465.pdf) |
| 2026-08-08 | [Announcement under Regulation 30 (LODR)-Monthly Business Updates](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d60d2442-6ea6-48a5-aed3-7bcd96383200.pdf) |
| 2026-08-08 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=182e6a6f-caa4-476d-9cd4-eb1d54be93de.pdf) |
| 2026-08-07 | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ddf198a2-4c1d-4169-bb07-dc613f21e4ce.pdf) |
| 2026-08-01 | [Announcement under Regulation 30 (LODR)-Monthly Business Updates](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=65243d13-5031-470c-a5e6-7c05f1319be4.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-07-29 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c16cdd93-ac59-4197-b254-84575099e300.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-20 | [Board Meeting Outcome For Un-Audited Financial Results For The First Quarter Ended On 30Th June 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c236eadf-6f5f-43d8-873c-d2b14ddbc0b4.pdf) |
| 2026-04-20 | [Audited Financial Results For The Fourth Quarter And Financial Year Ended On 31St March 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=41b45bf3-0e9a-485e-b99f-04903ed290ae.pdf) |
| 2026-01-16 | [Un-Audited Financial Results For The Third Quarter And Nine Months Ended On 31St December 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ef8b0d1e-54c7-4a04-88f3-588a6cdd096a.pdf) |
| 2025-10-18 | [Outcome Of Board Meeting 18-10-2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ff92f794-3a0f-42ba-832b-8217503969ba.pdf) |
| 2025-07-22 | [Un-Audited Financial Results For The First Quarter Ended On 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9cdf8827-7ea2-4ece-8f3d-b4c6a5e3ed0b.pdf) |
| 2025-05-30 | [Result- Fy 2024-2025- Audited Along With Audited Financial Results For The Fourth Quarter And Year Ended On 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=09c8606b-b957-4f49-a8d0-7a615c5e3b8d.pdf) |
| 2025-02-07 | [Un-Audited Financial Results For The Third Quarter And Nine Months Ended On 31St December 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=52f9bf5d-912f-4214-b012-83d40e68cf3f.pdf) |
| 2024-11-11 | [Unaudited Financial Results For The Second Quarter And Half Year Ended On September 30, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1c7eac19-e220-4b51-a81c-bdd4b4bde661.pdf) |
| 2024-08-02 | [Un-Audited Financial Results For The First Quarter Ended On 30Th June, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=18be5699-1c3e-4f8c-9514-58abd6b18d06.pdf) |
| 2024-05-23 | [Outcome Of Board Meeting- Audited Financial Results For The Fourth Quarter & Financial Year Ended On 31St March, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6e5a0773-1aab-4056-8ffb-0fcf1f6ccfaf.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Press and analyst meet for Q4 FY2026 scheduled on 20 April 2026, 5:30-6:00 PM IST. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 9h - Press and analyst meet for Q4 FY2026 scheduled on 20 April 2026, 5:30-6:00 PM IST.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/1cd5e4a4-9f85-44fa-bf61-fe797662f84e.pdf) |
| 9h - Board approved FY26 audited results, recommended 235% dividend, fixed AGM on 21 July 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 9h - Board approved FY26 audited results, recommended 235% dividend, fixed AGM on 21 July 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/190a67ea-7ef8-42f5-a05d-375417366000.pdf) |
| 8h - Newspaper Advertisements- Special window for re-lodgement of transfer request of physical shares | [Announcement under Regulation 30 (LODR)-Newspaper Publication 8h - Newspaper Advertisements- Special window for re-lodgement of transfer request of physical shares](https://www.bseindia.com/xml-data/corpfiling/AttachLive/113ff3ca-5d6e-4c0b-bc6e-6472fe3513c6.pdf) |
| 8h - Newspaper Advertisements - Audited Financial Results for the fourth quarter and financial year ended on 31st March, 2026 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 8h - Newspaper Advertisements - Audited Financial Results for the fourth quarter and financial year ended on 31st March, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/cf49cdc2-6fe1-4e99-9ab0-4d2b30d16861.pdf) |
| 8 May - Newspaper Advertisements- Special window for re-lodgement of transfer request of physical shares | [Announcement under Regulation 30 (LODR)-Newspaper Publication 8 May - Newspaper Advertisements- Special window for re-lodgement of transfer request of physical shares](https://www.bseindia.com/xml-data/corpfiling/AttachLive/673fc9d2-c429-4185-9127-2b85b47cd611.pdf) |
| 8 May - April 2026 commercial vehicle production 1,588, sales 1,711, exports 30; up from last year. | [Announcement under Regulation 30 (LODR)-Monthly Business Updates 8 May - April 2026 commercial vehicle production 1,588, sales 1,711, exports 30; up from last year.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/938bf9eb-f58c-4ee6-8be0-cc9c1e5d823f.pdf) |
| 8 Mar - Feb 2026 commercial vehicles: production 1,679; sales 1,415; exports 88 (Feb 2025: 1,442/1,229/59). | [Announcement under Regulation 30 (LODR)-Monthly Business Updates 8 Mar - Feb 2026 commercial vehicles: production 1,679; sales 1,415; exports 88 (Feb 2025: 1,442/1,229/59).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/552d0f2c-c773-4f95-af3f-5b1240986429.pdf) |
| 8 Apr - March 2026 commercial vehicle production 1,652, sales 2,393, exports 64; FY25: 1,594, 2,129, 186. | [Announcement under Regulation 30 (LODR)-Monthly Business Updates 8 Apr - March 2026 commercial vehicle production 1,652, sales 2,393, exports 64; FY25: 1,594, 2,129, 186.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7ec7746f-e120-44e7-bbbd-549656bed7a8.pdf) |
| 7 May - FY 2025-26 annual secretarial compliance report filed; no non-compliances observed. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 7 May - FY 2025-26 annual secretarial compliance report filed; no non-compliances observed.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/7e306b26-870c-40cb-a560-71f2266e6d07.pdf) |
| 7 Apr - Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 for quarter ended March 2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 for quarter ended March 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/22a53061-751d-436b-8c1c-01fe6912323f.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-04-24 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7d462435-a8ff-442d-8538-6dfe63095de1.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-04-20 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2c690ce4-4432-4d41-b992-09eff7e559fc.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2013 from nse](https://archives.nseindia.com/annual_reports/AR_1213_SMLISUZU_2012_2013_27082013110226.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/daaabe18-9946-437a-a983-3cf0826e4e87.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/71080a73-b342-4a5d-b308-7d78f401e501.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c58fb40c-d2d3-4458-8df1-69efa24a9c9c.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c4a408e6-7f8f-4311-bb7a-c0e703ccb88c.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/505192/74866505192.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/505192/68793505192.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/505192/5051920320.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/505192/5051920319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/505192/5051920318.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2020 | [Concall - Sep 2020](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4657f6c2-d78a-40c1-b391-e02407090929.pdf) |
| Sep 2020 | [Concall - Sep 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4657f6c2-d78a-40c1-b391-e02407090929.pdf) |
| Sep 2017 | [Concall - Sep 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e2639777-b602-41b7-93f9-5fb852b968e9.pdf) |
| Sep 2017 | [Concall - Sep 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/9/e2639777-b602-41b7-93f9-5fb852b968e9.pdf) |
| Oct 2016 | [Concall - Oct 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=074DD043_FDD3_491E_AD57_FACD65B13707_192920.pdf) |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0710c607-bad7-4297-90f7-beae75d69eee.pdf) |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/0710c607-bad7-4297-90f7-beae75d69eee.pdf) |
| May 2019 | [Concall - May 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=096ef1d4-3440-4227-ba04-522ec3bff364.pdf) |
| May 2019 | [Concall - May 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/096ef1d4-3440-4227-ba04-522ec3bff364.pdf) |
| Mar 2017 | [Concall - Mar 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=61b2ba96-e6e3-466e-8d64-b5ac11b05b32.pdf) |

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