Mahindra Group (M&M.NS)

Overall impact
B (68)

Commentary

Mahindra Group is a strong overall performer. With a 'B' rating of 68.0 for overall impact (79th percentile compared to all companies), Mahindra Group ranks 7th out of 84 industry peers, behind Tempus Applied Solutions, Sdiptech , Lifco and 3 others, and ahead of Vivopower International, Simplicity Esports and Gaming, REX American Resources and 74 others. On top material causes for Mahindra Group's industry (Conglomerates), Mahindra Group performs well in Fair Labor Practices (82.9 score), Sanitation Access (92.1), Decent, Safe Work Opportunities (82.4) and 4 other causes where it received an 'A' score and performs poorly in Accountable Institutions (33.8 score), Improved Mental Health (33.9), Racial Justice and Civil Rights (31.8) and 1 other cause where it received a 'D' or 'F' score.
Impact
Cause M&M.NS
Peer rank
Overall impact

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Impact trend

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Company
Employees
260,000
Sector
Industrials
Industry
Industrial Conglomerates
Sub-industry
Industrial Conglomerates
SASB industry
Industrial Machinery & Goods
Headquarters
India
Share classes
M&M.NS
MAHMF
MOM
ADR
Description
Mahindra & Mahindra Limited provides mobility products and farm solutions in India and internationally. It operates through Automotive, Farm Equipment, Financial Services, Real Estate, Hospitality, and Others segments. The company offers commercial vehicles, trucks, buses, vans, passenger cars, utility vehicles, and electric vehicles (EV), as well as motorcycles; aero and defense products; offers construction equipment, such as rotaries, tillers, loaders, and backhoes under the Mahindra EarthMaster brand; and road construction equipment comprising motor graders under the Mahindra RoadMaster brand. It is also involved in the provision of farm equipment, including tractors under the Mahindra, Swaraj, and Trakstar brands, as well as farm mechanization solutions, such as rotavators, cultivators, harvesters, rice transplanters, balers, sprayers, and implements and attachments; and renewable energy business comprising installation of EV chargers and provision of Li-ion batteries. In addition, the company offers financial services, such as fixed deposits, retail and other loans, leasing, SME finance, housing finance, mutual funds, and life and non-life insurance broking services, as well as vehicle and equipment financing; provides logistics services; power backup solutions, including diesel and gas generators; and technology services comprising business process, integrated engineering, infrastructure and cloud, network, application development and maintenance, supply chain digital transformation, and design services. Further, it engages in the sale of timeshare and vacation ownership through its resorts; develops and sells residential properties, and engages in the development, management, and operation of commercial complexes; and processing and trading of steel for automotive, non-automotive, and power industries. The company was incorporated in 1945 and is headquartered in Mumbai, India.
Material causes
Ethos considers the following causes material for Mahindra Group, based on its industry sub-industry Industrial Conglomerates. Learn more about material causes in our methodology overview.

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