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Lens · OEM deep dive

Mahindra

Mahindra at 13.6% in Apr 2026 — lost 0.7pp MoM

Mahindra at 13.6% in Apr 2026 — lost 0.7pp MoM. FY 2026-27 YTD share 13.6% on 54,618 registrations. 10 active nameplates in portfolio. Recent exits: Marazzo, XUV300.

Apr 2026 reg

54.6K

Market share

13.6%

MS chg MoM

-0.7 pp

MS chg YoY

-0.6 pp

FY 2026-27 MS

13.6%

Analysis AI

AI analysis · Mahindra in Apr 2026

Mahindra recorded 54.6Kregistrations and 13.6% market share. The share change columns show whether that performance was stronger than the market, not just larger in absolute units.

#OEMApr 2026 regGrowth MoMMS %MS chg MoMFY 2026-27 regYTD vs prev FYFY 2026-27 MSFY 2026-27 MS chgModels
1Mahindra54.6K-14.4%13.6%-0.754.6K+7.2%13.6%-0.610

Active models (9)

  • Bolero

    Utility MUV · Diesel

  • Scorpio

    SUV · Diesel, Petrol

  • Thar

    Off-road SUV · Diesel, Petrol

  • XUV700

    SUV flagship · Petrol, Diesel

  • Bolero Neo

    Compact SUV · Diesel

  • Scorpio N

    SUV · Diesel, Petrol

  • XUV400 EV

    Compact SUV EV · EV

  • XUV 3XO

    Compact SUV · Petrol, Diesel

  • BE 6

    EV SUV premium · EV

What came & what went

  • 2024 · product

    BE6e / XEV9e launched — new EV architecture

    Born-electric SUVs on INGLO platform. Mahindra signals full EV intent for premium UV segment going forward.

  • 2024 · product

    Petrol portfolio expansion — Thar Roxx 5-door petrol

    Mahindra diversifies away from pure diesel with petrol Thar variants. Responds to diesel share decline.

  • 2023 · product

    XUV400 EV launch — first Mahindra modern EV

    XUV400 EV marks Mahindra's return to serious EV after Reva era. Competitive pricing at ₹15–19L.

  • 2022 · investment

    INGLO EV platform announced — ₹8,000Cr investment

    Global EV platform with 5 new EVs planned. Signals complete EV transformation of Mahindra UV lineup.

  • 2019 · product

    Diesel dominance — Scorpio, XUV500, Thar

    Mahindra reaches peak diesel volumes. UV portfolio almost entirely diesel — captures rural/semi-urban demand.

  • 2012 · product

    e2o in market — early urban EV

    Mahindra Reva e2o: limited range, urban niche. Early EV volumes small but consistent market presence.

Discontinued nameplates in timeline: Rexton, Xylo, XUV500, Verito, Quanto