SMLISUZU

SML ISUZU share price & financials

Price
₹4,101.7
Market cap
₹2.8k Cr
Sector
Capital Goods

What SML ISUZU does

SML Isuzu designs, manufactures and sells commercial vehicles — goods carriers (trucks) and passenger carriers (buses) — from its single plant at Asron, Punjab, distributing through a pan-India dealer, service and spare-parts network and exporting to South Asian and African markets. The company operates under a long-standing technical assistance agreement with Isuzu Motors of Japan, while Sumitomo Corporation, Japan is its principal shareholder. Vehicles are also built as special-purpose variants such as ambulances, tippers, reefer vans, water bowsers and troop carriers for institutional and government buyers.

Segments

  • Goods Carriers (Trucks)
  • Passenger Carriers (Buses)
Installed manufacturing capacity
24,000 vehicles per annum
Employee strength
990 employees
Manufacturing plant
Single plant at Asron, Punjab (also the registered office)
Dealer network
100 dealers, including export dealers
Zonal sales offices
11 zonal offices across India
Service & spare-parts network
31 authorised service centres and 20 spare-parts distributors
Founded 1983Headquarters Asron, Punjab (registered office & works); corporate office in ChandigarhEmployees 990 (31 March 2025) Company website

Quarterly results

Q1 FY27: revenue up 13.2%, net profit down 4.5% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue550 332 771 846 555 +1%539 +62%898 +16%958 +13%
EBITDA45 18 90 105 42 −7%41 +128%90 +0%100 −5%
Net profit22 1 53 67 21 −5%18 +1700%54 +2%64 −4%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +77.1% 1Y

₹3.0k₹4.0k₹5.0k₹6.0kSept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹3,721.6 on 10 Sept 2025 → ₹6,591.1. High ₹6,591.1 (11 Sept 2026), low ₹2,765.3 (21 Nov 2025).

Financials, as filed

Revenue grew 15.9% a year over 3 years, FY23 to FY26. Operating margin widened to 9.8%.

Year endingFY23FY24FY25FY26
Revenue₹1.8k Cr₹2.2k Cr₹2.4k Cr₹2.8k Cr
Operating profit₹82 Cr₹179 Cr₹234 Cr₹278 Cr
Operating margin4.5%8.1%9.8%9.8%
Interest₹25 Cr₹31 Cr₹30 Cr₹21 Cr
Depreciation₹43 Cr₹48 Cr₹48 Cr₹51 Cr
Net profit₹20 Cr₹108 Cr₹122 Cr₹160 Cr
Net margin1.1%4.9%5.1%5.6%
Cash from operations₹90 Cr₹-50 Cr₹177 Cr₹156 Cr
Free cash flow₹49 Cr₹-87 Cr₹116 Cr₹86 Cr
ROCE9.0%24.0%27.0%31.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹14 Cr₹14 Cr₹14 Cr₹14 Cr₹14 Cr₹14 Cr
Reserves₹241 Cr₹147 Cr₹163 Cr₹271 Cr₹429 Cr₹505 Cr
Borrowings₹261 Cr₹298 Cr₹265 Cr₹421 Cr₹254 Cr₹289 Cr
Other liabilities₹279 Cr₹357 Cr₹494 Cr₹506 Cr₹496 Cr₹588 Cr
Total liabilities₹796 Cr₹816 Cr₹937 Cr₹1.2k Cr₹1.2k Cr₹1.4k Cr
Fixed assets₹389 Cr₹349 Cr₹356 Cr₹340 Cr₹368 Cr₹337 Cr
Capital work in progress₹5 Cr₹16 Cr₹11 Cr₹11 Cr₹8 Cr₹47 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Other assets₹403 Cr₹450 Cr₹569 Cr₹861 Cr₹817 Cr₹1.0k Cr
Total assets₹796 Cr₹816 Cr₹937 Cr₹1.2k Cr₹1.2k Cr₹1.4k Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, promoters added +15.01 pp while FIIs trimmed −14.49 pp. The shareholder count grew 44% to 41,457.

Promoters
59.0%
FIIs
1.2%
DIIs
2.4%
Public
37.4%

Since Jun 2025

  • Promoters +15.01 pp
  • FIIs −14.49 pp
  • Public −2.67 pp

How it drifted, 12 quarters

Over this window promoters went from 44.0% to 59.0% — +15.0 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 44.0%, FIIs 15.3%, Public 40.8%.Dec '23: Promoters 44.0%, FIIs 15.4%, Public 40.6%.Mar '24: Promoters 44.0%, FIIs 15.8%, Public 40.2%.Jun '24: Promoters 44.0%, FIIs 15.3%, DIIs 0.1%, Public 40.6%.Sep '24: Promoters 44.0%, FIIs 15.3%, DIIs 0.1%, Public 40.6%.Dec '24: Promoters 44.0%, FIIs 15.3%, Public 40.7%.Mar '25: Promoters 44.0%, FIIs 15.2%, DIIs 0.0%, Public 40.8%.Jun '25: Promoters 44.0%, FIIs 15.7%, DIIs 0.3%, Public 40.0%.Sep '25: Promoters 59.0%, FIIs 1.8%, DIIs 0.6%, Public 38.6%.Dec '25: Promoters 59.0%, FIIs 0.6%, DIIs 0.6%, Public 39.8%.Mar '26: Promoters 59.0%, FIIs 0.8%, DIIs 1.6%, Public 38.7%.Jun '26: Promoters 59.0%, FIIs 1.2%, DIIs 2.4%, Public 37.4%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 2 holders trimming and 1 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of SML ISUZU above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Mahindra & Mahindra Limited 58.97%unchanged
Sachin Bansal (Partner Of Spv Enterprises) 4.13%unchanged
Sachin Bansal (Partner Of Anandam Enterprises) 3.19%−0.06 pp
Sachin Bansal (Partner Of Navodaya Enterprises) 2.75%−2.15 pp
Investor Education And Protection Fund Authority Ministry Of Corporate Affairs 1.92%unchanged
Vanaja Sundar Iyer 1.87%+0.11 pp
Martial Solren Private Limited 0.00%unchanged
The Birmingham Small Arms Company Limited 0.00%unchanged
BSA Corporation Limited 0.00%unchanged
B.S.A. Motor Cycles Limited 0.00%unchanged
Mahindra Solarize Private Limited 0.00%unchanged
Carnot Technologies Private Limited 0.00%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Learn to analyse SML ISUZU

Guides on how to read this kind of business and the numbers that matter.