Mahindra Group targets significant growth across businesses by 2030

Mahindra & Mahindra, during its Group Investor Day presentation, outlined aggressive growth projections and strategic imperatives. The company aims for an 8X revenue growth in its Automotive Business (SUVs and LCVs) and a 3X revenue growth in the Farm Equipment Business by 2030. Mahindra Finance expects a 5X growth in Assets Under Management (AUM), while Mahindra Lifespaces targets over 14X growth in sales. The Renewable Energy Business is set for a 5X portfolio growth.

The company also reported strong recent performance, with an EPS CAGR of 63% from FY19 to FY25, reaching INR 115.7 per share. Post-Capex and Investments from FY21-25, 39% of PAT and 32% of Cash Generated came from Farm, 36% and 39% from Services, and 25% and 29% from Auto, respectively. The market cap of its growth gems has seen a 7X increase from March 2020 to November 2025.

Looking ahead, Tech Mahindra aims to complete its turnaround by FY27, targeting a ~1.3X revenue growth from FY20 to FY27, with aspirations for profitable and sustainable growth exceeding peer averages. The Truck & Bus Business plans for a 6X revenue growth this decade, aspiring to be a Top 3 player in India’s ILCV Trucks & Buses with a focused play in HCVs.