Tata Motors [TATAMOTORS] vs Mahindra & Mahindra [M&M] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 20 vital metrics comparison: Tata Motors Ltd. wins in 9 metrics, Mahindra & Mahindra Ltd. wins in 11 metrics, with 0 ties. Mahindra & Mahindra Ltd. appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric Tata Motors Ltd. Mahindra & Mahindra Ltd. Better
P/E Ratio (TTM) 6.66 22.56 Tata Motors Ltd.
Price-to-Book Ratio 1.29 4.24 Tata Motors Ltd.
Debt-to-Equity Ratio 61.55 132.29 Tata Motors Ltd.
PEG Ratio -0.02 0.48 Mahindra & Mahindra Ltd.
EV/EBITDA 3.99 13.58 Tata Motors Ltd.
Profit Margin (TTM) 4.86% 8.33% Mahindra & Mahindra Ltd.
Operating Margin (TTM) 5.67% 16.72% Mahindra & Mahindra Ltd.
EBITDA Margin (TTM) 5.67% 16.72% Mahindra & Mahindra Ltd.
Return on Equity 22.67% 14.51% Tata Motors Ltd.
Return on Assets (TTM) 7.35% 4.66% Tata Motors Ltd.
Free Cash Flow (TTM) $250.60B $-72.16B Tata Motors Ltd.
Dividend Yield 0.90% 1.47% Mahindra & Mahindra Ltd.
1-Year Return -47.21% 1.23% Mahindra & Mahindra Ltd.
Price-to-Sales Ratio (TTM) 0.34 2.00 Tata Motors Ltd.
Enterprise Value $1,681.24B $4,692.69B Mahindra & Mahindra Ltd.
EV/Revenue Ratio 0.39 2.48 Tata Motors Ltd.
Gross Profit Margin (TTM) 33.14% 37.68% Mahindra & Mahindra Ltd.
Revenue per Share (TTM) $1,187 $1,692 Mahindra & Mahindra Ltd.
Earnings per Share (Diluted) $60.92 $139.63 Mahindra & Mahindra Ltd.
Beta (Stock Volatility) 1.01 0.40 Mahindra & Mahindra Ltd.

Tata Motors Ltd. vs Mahindra & Mahindra Ltd. Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Tata Motors Ltd.1.64%2.02%11.18%26.08%14.19%7.85%
Mahindra & Mahindra Ltd.3.00%5.67%0.36%3.23%-13.13%-16.66%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Tata Motors Ltd.-47.21%-34.03%11.41%-19.06%93.65%170.70%
Mahindra & Mahindra Ltd.1.23%116.75%289.34%352.81%844.85%2,103.08%

Performance & Financial Health Analysis: Tata Motors Ltd. vs Mahindra & Mahindra Ltd.

MetricTATAMOTORSM&M
Market Information
Market Cap i₹1.32T₹3.65T
Market Cap CategoryLarge capLarge cap
10 Day Avg. Volume i15,655,3862,897,158
90 Day Avg. Volume i13,831,3913,603,063
Last Close₹396.40₹3,134.30
52 Week Range₹294.30 - ₹739.70₹2,896.00 - ₹3,839.90
% from 52W High-46.41%-18.38%
All-Time High₹1,179.00 (Jul 29, 2024)₹3,839.90 (Jan 05, 2026)
% from All-Time High-66.38%-18.38%
Growth Metrics
Quarterly Revenue Growth-0.03%0.26%
Quarterly Earnings Growth-0.30%0.47%
Financial Health
Profit Margin (TTM) i0.05%0.08%
Operating Margin (TTM) i0.06%0.17%
Return on Equity (TTM) i0.23%0.15%
Debt to Equity (MRQ) i61.55132.29
Cash & Liquidity
Book Value per Share (MRQ)₹315.49₹741.99
Cash per Share (MRQ)₹183.16₹344.38
Operating Cash Flow (TTM) i₹324.62B₹-42,546,700,000
Levered Free Cash Flow (TTM) i₹278.30B₹129.29B
Dividends
Last 12-Month Dividend Yield i0.90%1.47%
Last 12-Month Dividend i₹6.00₹46.40

Valuation & Enterprise Metrics Analysis: Tata Motors Ltd. vs Mahindra & Mahindra Ltd.

MetricTATAMOTORS (Dec 24, 2025)M&M (Apr 24, 2026)
Price Ratios
P/E Ratio (TTM) i6.6622.56
Forward P/E i20.8822.00
PEG Ratio i-0.020.48
Price to Sales (TTM) i0.342.00
Price to Book (MRQ) i1.294.24
Market Capitalization
Market Capitalization i₹1.32T₹3.65T
Enterprise Value i₹1.68T₹4.69T
Enterprise Value Metrics
Enterprise to Revenue i0.392.48
Enterprise to EBITDA i3.9913.58
Risk & Other Metrics
Beta i1.010.40
Book Value per Share (MRQ) i₹315.49₹741.99

Financial Statements Comparison: Tata Motors Ltd. vs Mahindra & Mahindra Ltd.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricTATAMOTORS (2025)M&M (2025)
Revenue/Sales i4.37T1.56T
Cost of Goods Sold i2.74T963.78B
COGS % of Revenue i62.7%61.9%
Gross Profit i1.63T592.67B
Gross Margin i37.3%38.1%
Research & Development i107.16BN/A
Operating Income (EBIT) i40.67B245.77B
Operating Margin i0.9%15.8%
EBITDA i622.75B332.30B
EBITDA Margin i14.3%21.3%
Pre-Tax Income i337.80B190.80B
Pre-Tax Income % of Revenue i7.7%12.3%
Income Tax i105.02B50.06B
Income Tax % of Revenue i2.4%3.2%
Net Income (Profit) i281.49B140.73B
Profit Margin i6.4%9.0%

Balance Sheet & Liquidity Metrics

MetricTATAMOTORS (2025)M&M (2025)
Cash & Equivalents i343.49B49.24B
Total Current Assets i1.60T1.27T
Total Current Assets % of Revenue i36.7%81.3%
Total Current Liabilities i1.78T903.22B
Total Current Liabilities % of Revenue i40.8%58.0%
Long-Term Debt i440.80B828.77B
Long-Term Debt % of Revenue i10.1%53.2%
Total Shareholders Equity i1.23T890.98B
Retained Earnings i806.54B680.08B
Retained Earnings % of Revenue i18.5%43.7%
Property, Plant & Equipment i24.56B4.02B

Cash Flow Statement Comparison

MetricTATAMOTORS (2025)M&M (2025)
Operating Cash Flow i324.62B-42.55B
Operating Cash Flow % of Revenue i7.4%-2.7%
Capital Expenditures i-142.15B-98.09B
Free Cash Flow i250.60B-72.16B
FCF Margin i5.7%-4.6%
Debt Repayment i-214.43B-642.27B
Common Stock Repurchase i-10.73BN/A

Short Interest & Institutional Ownership Analysis

MetricTATAMOTORSM&M
Shares Short iN/AN/A
Short Ratio iN/AN/A
Short % of Float iN/AN/A
Shares Outstanding i3.68B1.20B
Float Shares i1.96B820.32M
% Held by Insiders i44.13%25.24%
% Held by Institutions i23.50%48.77%
% Held by Public i32.37%25.99%

Dividend Analysis & Yield Comparison: Tata Motors Ltd. vs Mahindra & Mahindra Ltd.

MetricTATAMOTORSM&M
Last 12-Month Dividend i₹6.00₹46.40
Last 12-Month Dividend Yield i0.90%1.47%
3-Year Avg Annual Dividend i₹3.67₹30.15
3-Year Avg Dividend Yield i0.49%0.94%
3-Year Total Dividends i₹11.00₹90.45
Ex-Dividend DateJun 04, 2025Jul 04, 2025