Shares of SML Mahindra Limited jumped nearly 3% to Rs 4,077 after the company reported a strong sales performance for December 2025, with total vehicle volumes rising 67% year-on-year, supported by robust growth in both cargo and passenger vehicle segments.
December sales show sharp acceleration
SML Mahindra sold a total of 1,044 vehicles in December 2025, compared with 626 units in December 2024, translating into a 67% YoY growth. The strong performance reflects a broad-based recovery across key product categories.
Cargo vehicle sales stood at 462 units, up from 262 units a year ago, registering a 76% YoY increase. Passenger vehicle volumes also rose sharply to 582 units from 364 units in the same period last year, marking a 60% YoY growth.
Cumulative volumes remain healthy in FY26
On a cumulative basis, SML Mahindra reported total sales of 11,335 units during April–December FY26, compared with 9,593 units in the corresponding period of FY25, reflecting an 18% year-on-year growth.
Cumulative cargo vehicle sales increased to 3,820 units from 2,770 units, registering a 38% growth, while passenger vehicle sales rose to 7,515 units from 6,823 units, recording a 10% YoY increase over the same period.
Why the stock is in focus today
The sharp improvement in monthly volumes, coupled with steady cumulative growth across both cargo and passenger segments, has brought SML Mahindra into focus in today’s session. The December performance indicates sustained demand momentum heading into the final quarter of FY26.
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