Synopsis:
SML Isuzu reported Rs. 846 crore revenue and Rs. 67 crore profit in Q1 FY26. The company’s ownership restructuring process is underway following agreements signed in April 2025.
During Tuesday’s trading session, shares of a vehicle manufacturer producing light & medium commercial vehicles hit a 10 percent upper circuit on the stock exchanges, after announcing financial results for Q1 FY26 with a net profit growth of about 26 percent QoQ and 44 percent YoY.
The shares of SML Isuzu Limited hit a 10 percent upper circuit to hit a new 52-week high at Rs. 3,675.15 on BSE, as against its previous closing price of Rs. 3,341.05, with a market cap of Rs. 5,318.5 crores. The stock has gained by around 91 percent in the last year, and has delivered multibagger returns of more than 104 percent in one month.
What’s the News
According to the latest regulatory filings on the stock exchanges, SML Isuzu Limited announced the financial results for Q1 FY26 on Tuesday during market hours. For Q1 FY26, SML Isuzu reported a consolidated revenue from operations of Rs. 846 crores, marking around a 10 percent QoQ growth compared to Rs. 771 crores in Q4 FY25, and a year-on-year increase of about 13 percent from Rs. 746 crores recorded in Q1 FY25.
The company’s net profit for the quarter stood at Rs. 67 crores, reflecting a rise of around 26 percent QoQ compared to Rs. 53 crores in Q4 FY25, and a year-on-year increase of about 44 percent from Rs. 46.4 crores recorded in Q1 FY25.
On 26th April 2025, Sumitomo Corporation, Japan (Promoter Shareholder), and Isuzu Motors Limited, Japan (Public Shareholder), entered into Share Purchase Agreements with Mahindra & Mahindra Limited (Acquirer) to sell ~63.62 lakh equity shares (43.96 percent of the company’s equity share capital) and ~21.7 lakh equity shares (15 percent stake), respectively, at a price of Rs. 650 per share.
Subsequently, on 5th May 2025, the Acquirer announced an Open Offer to acquire up to ~37.62 lakh fully paid equity shares (26 percent stake) at a price of Rs. 1,554.6 per share. The Competition Commission of India (CCI) granted unconditional approval for the acquisition and Open Offer on 17th June 2025. The transaction is pending completion of other customary conditions precedent.
SML Isuzu Limited is primarily engaged in the business of manufacturing and sale of commercial vehicles and related components, which constitutes a single business segment.
Written by Shivani Singh
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
