Mahindra & Mahindra patent portfolio grows 20x over a decade

Mahindra & Mahindra (M&M), reaffirming its unwavering commitment to continuous investment in R&D and the 'Make in India' initiative, announced that in the last one decade, the company saw a 20x growth in the number of patents granted - from 56 patents granted since inception in FY16 to 1334 in FY26.

Cumulative tally of applications filed by M&M stands at 2,728 as of March 2026, indicating M&M's drive for innovation and excellence. Of the 1334 granted patents, 60% of them pertain to Automotive Business and 40% to Farm Business. Conversion ratio of applications to patents stood at 8% in FY16 and has improved to 65%+ for the applications filed over the last decade.

The growth in M&M's patent portfolio, reflects the company's growing R&D capabilities. This growing innovative heft has allowed the company to push the boundaries and create a technologically immersive experience for its customers. The patent portfolio also includes filings made by M&M subsidiary Mahindra Electric Automobile Ltd.

In addition to the patents, the company has won several prestigious awards for excellence in innovation. In the last one year alone, M&M has won the CII IP Award for the Best Patent Portfolio, the CII Innovation Award for being one of India's Top 50 Innovative Companies 2025, the CII National Award for Industry-Academia Partnership, the Questel IP Excellence Award and recognition at the CMO Asia Awards 2025.

Shares of Mahindra & Mahindra Limited was last trading in BSE at Rs. 3046.15 as compared to the previous close of Rs. 3150.10. The total number of shares traded during the day was 274980 in over 28155 trades.

The stock hit an intraday high of Rs. 3111.30 and intraday low of 3033.30. The net turnover during the day was Rs. 842457321.00.

Source : Equity Bulls

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MahindraandMahindra INE101A01026 MandM RandD Patents