StoxMahindra & Mahindra vs Bajaj Auto: share price & financials comparison
NSE: M&M vs BAJAJ-AUTO · Automobile and Auto Components · as of 06 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Mahindra & Mahindra vs Bajaj Auto at a glance
Mahindra & Mahindra (M&M) has a market capitalisation of ₹3,67,588 Cr, against ₹2,99,543 Cr for Bajaj Auto (BAJAJ-AUTO). Over the past year Bajaj Auto has returned +20.7%, compared with -7.0% for Mahindra & Mahindra. On valuation, Mahindra & Mahindra trades at a lower P/E of 19.0 versus 22.9. Bajaj Auto earns a higher return on equity (35.7% vs 19.8%). Mahindra & Mahindra comes out ahead on size, valuation and momentum. Bajaj Auto comes out ahead on profitability, growth, financial health and technicals. Across the scored metrics below, Mahindra & Mahindra leads on 8 and Bajaj Auto on 10. On StoxGud's 10-point checklist, Mahindra & Mahindra scores 5/10 and Bajaj Auto scores 9/10.
| Metric | Mahindra & Mahindra | Bajaj Auto |
|---|---|---|
| Size | ||
| Market cap | ₹3,67,588 Cr | ₹2,99,543 Cr |
| Revenue (latest FY) | ₹1,98,639 Cr | ₹62,905 Cr |
| Net profit (latest FY) | ₹17,099 Cr | ₹10,744 Cr |
| Valuation | ||
| P/E | 19.0 | 22.9 |
| P/B | 3.75 | 8.18 |
| Dividend yield | 0.92% | 1.95% |
| Profitability | ||
| Return on equity | 19.8% | 35.7% |
| Net profit margin | 8.7% | 16.2% |
| Operating margin | 18.2% | 20.1% |
| Growth | ||
| Revenue growth (YoY) | +24.8% | +59.7% |
| Net profit growth (YoY) | +24.9% | +61.9% |
| Revenue CAGR (multi-year) | +21.7% | +17.8% |
| Financial health | ||
| Debt to equity | 1.53 | 0.70 |
| Momentum | ||
| 1-month return | +17.4% | +10.3% |
| 1-year return | -7.0% | +20.7% |
| 3-year CAGR | +30.2% | +26.3% |
| 5-year CAGR | +30.8% | +23.6% |
| 10-year CAGR | +16.9% | +14.5% |
| Distance from 52W high | -13.5% | -11.8% |
| Technicals | ||
| RSI (14) | 80 | 65 |
| Price vs 200-day avg | +3.1% | +5.6% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Mahindra & Mahindra | Bajaj Auto |
|---|---|---|
| Price above 50-day average | ✓ | ✗ |
| Price above 200-day average | ✓ | ✓ |
| 50-day average above 200-day (uptrend) | ✗ | ✓ |
| RSI in healthy 40–70 zone | ✗ | ✓ |
| Positive 1-year return | ✗ | ✓ |
| Return on equity above 15% | ✓ | ✓ |
| Debt to equity below 1 | ✗ | ✓ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✗ | ✓ |
| P/E below industry median | ✓ | ✓ |
| Score | 5/10 | 9/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Mahindra & Mahindra or Bajaj Auto?
Mahindra & Mahindra has a market cap of ₹3,67,588 Cr and Bajaj Auto has a market cap of ₹2,99,543 Cr as of 06 Nov 2026.
Which has a lower P/E, Mahindra & Mahindra or Bajaj Auto?
Mahindra & Mahindra has the lower P/E: Mahindra & Mahindra trades at 19.0 and Bajaj Auto at 22.9.
Which gave better returns in the last year, Mahindra & Mahindra or Bajaj Auto?
Bajaj Auto did better: Mahindra & Mahindra returned -7.0% and Bajaj Auto returned +20.7% over one year.
Is Mahindra & Mahindra or Bajaj Auto a better buy?
StoxGud does not give buy or sell recommendations. On our rules-based checklist Mahindra & Mahindra scores 5/10 and Bajaj Auto scores 9/10; compare valuation, profitability, growth and momentum above and consult a SEBI-registered adviser.