SML Mahindra Sales December 2025: 934 Units, +73.6% YoY

SML Mahindra registered 934 vehicles in India in December 2025. Volume shot up 73.6% against December 2024 and rose sharply 13.6% against November. Its best month on record remains June 2026 at 2,261.

Of those, 865 were buses (92.6% of the total), +73.0% on December 2024. That figure is exact: it is counted with Vahan's own vehicle-class filter rather than worked out from the company total.

That put SML Mahindra 60th among every manufacturer registering vehicles in India in December 2025, behind Energy Electric Vehicles on 957 and ahead of R3 Enterprises on 929.

Measured against every vehicle registered in India that month — all segments, all fuels — that is 0.0% of the market, +0.01pp against December 2024.

Across 2025 to date — the 12 months of the year that have closed — the company has registered 12,915 vehicles, +7.6% on the same months of 2024.

64.8% of everything SML Mahindra has registered in 2025 is in buses, and the company holds 6.6% of that segment nationally. Goods carriers is next at 29.3%.

This split is the calendar year to date and cannot be cut to a single month: our Vahan data holds a manufacturer's volume by month, and its volume by vehicle class, but not the two together. Multiplying them would be a guess, so the table stays on the axis where the number is exact.

SML Mahindra has registered no battery-electric vehicles in 2025 in this data.

Fuel, like segment, is published against the manufacturer for the whole year rather than by month, so these shares are 2025 to date. Hybrids are counted separately from battery electrics.

Ranked on total registrations across every vehicle type, which is the finest manufacturer split our Vahan data holds with a month axis. Two-wheeler makers therefore sit above carmakers selling far more value — this is a count of vehicles, not of revenue.

The last 15 months on record. The year-on-year column compares each month against the same month a year earlier; the running month is left without one.