Mahindra Logistics Ltd
Mahindra Logistics Ltd is an integrated logistics & mobility solutions provider. The company offers Supply Chain expertise to diverse industry verticals such as Automotive, Engineering, Consumer Goods, Pharmaceuticals, Telecommunications, Commodities, and E-commerce. [1]
- Market Cap ₹ 3,842 Cr.
- Current Price ₹ 387
- High / Low ₹ 451 / 275
- Stock P/E 80.8
- Book Value ₹ 149
- Dividend Yield 0.65 %
- ROCE 7.56 %
- ROE 4.37 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 42.7%
Cons
- Stock is trading at 2.60 times its book value
- Company has a low return on equity of 6.33% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Services Services Transport Services Logistics Solution Provider
Part of BSE Services BSE 1000
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,883 | 1,995 | 2,589 | 3,220 | 3,666 | 3,261 | 2,959 | 3,631 | 4,459 | 4,530 | 5,013 | 5,672 | |
| 1,824 | 1,944 | 2,521 | 3,114 | 3,527 | 3,113 | 2,838 | 3,451 | 4,182 | 4,235 | 4,715 | 5,317 | |
| Operating Profit | 59 | 51 | 68 | 106 | 138 | 148 | 121 | 180 | 277 | 295 | 298 | 355 |
| OPM % | 3% | 3% | 3% | 3% | 4% | 5% | 4% | 5% | 6% | 6% | 6% | 6% |
| 8 | 13 | 9 | 5 | 7 | 13 | 11 | 9 | 15 | 13 | 11 | 4 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 14 | 17 | 26 | 41 | 44 | 54 | 59 |
| Depreciation | 6 | 6 | 9 | 13 | 15 | 66 | 83 | 130 | 169 | 178 | 196 | 242 |
| Profit before tax | 61 | 57 | 68 | 97 | 130 | 81 | 33 | 33 | 80 | 86 | 58 | 58 |
| Tax % | 34% | 35% | 34% | 36% | 35% | 32% | 26% | 25% | 20% | 28% | 25% | 26% |
| 40 | 37 | 45 | 62 | 84 | 55 | 24 | 24 | 65 | 62 | 44 | 43 | |
| EPS in Rs | 4.94 | 4.57 | 4.79 | 6.36 | 8.60 | 5.60 | 2.44 | 2.47 | 6.52 | 6.26 | 4.39 | 4.34 |
| Dividend Payout % | 0% | 0% | 0% | 17% | 15% | 19% | 75% | 59% | 28% | 29% | 41% | 58% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 14% |
| 3 Years: | 8% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 12% |
| 3 Years: | -9% |
| TTM: | 9% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -6% |
| 3 Years: | 4% |
| 1 Year: | 12% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 7% |
| 3 Years: | 6% |
| Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 60 | 60 | 68 | 71 | 71 | 72 | 72 | 72 | 72 | 72 | 72 | 99 |
| Reserves | 206 | 244 | 281 | 348 | 427 | 474 | 494 | 503 | 556 | 603 | 627 | 1,377 |
| 0 | 0 | 0 | 0 | 0 | 165 | 240 | 361 | 555 | 464 | 560 | 559 | |
| 237 | 250 | 420 | 493 | 622 | 620 | 782 | 913 | 976 | 989 | 1,059 | 999 | |
| Total Liabilities | 502 | 553 | 769 | 912 | 1,121 | 1,330 | 1,587 | 1,849 | 2,159 | 2,128 | 2,318 | 3,034 |
| 20 | 21 | 28 | 31 | 44 | 210 | 346 | 474 | 551 | 529 | 592 | 778 | |
| CWIP | 0 | 0 | 1 | 1 | 3 | 15 | 3 | 14 | 4 | 0 | 46 | 6 |
| Investments | 121 | 78 | 70 | 63 | 99 | 21 | 76 | 137 | 260 | 332 | 419 | 855 |
| 362 | 453 | 670 | 818 | 976 | 1,084 | 1,161 | 1,224 | 1,344 | 1,267 | 1,261 | 1,395 | |
| Total Assets | 502 | 553 | 769 | 912 | 1,121 | 1,330 | 1,587 | 1,849 | 2,159 | 2,128 | 2,318 | 3,034 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 32 | -53 | -34 | 2 | 92 | 80 | 281 | 204 | 146 | 249 | 382 | 256 | |
| -173 | 28 | 1 | 8 | -92 | 35 | -105 | -150 | -148 | -103 | -226 | -601 | |
| 101 | -0 | -0 | 6 | -10 | -71 | -77 | -121 | -14 | -245 | -127 | 364 | |
| Net Cash Flow | -40 | -25 | -33 | 16 | -11 | 44 | 98 | -66 | -16 | -99 | 28 | 19 |
| Free Cash Flow | 22 | -61 | -49 | -27 | 60 | 19 | 214 | 113 | 84 | 194 | 241 | 180 |
| CFO/OP | 78% | -30% | 28% | 65% | 95% | 77% | 189% | 145% | 78% | 86% | 119% | 97% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 36 | 43 | 56 | 55 | 48 | 53 | 50 | 41 | 37 | 41 | 34 | 33 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 36 | 43 | 56 | 55 | 48 | 53 | 50 | 41 | 37 | 41 | 34 | 33 |
| Working Capital Days | 3 | 15 | 18 | 16 | 16 | 17 | 3 | -9 | -20 | -13 | -9 | -10 |
| ROCE % | 20% | 21% | 25% | 29% | 16% | 7% | 7% | 11% | 11% | 9% | 8% |
Insights
In beta| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Warehousing space under management Mn sq ft |
|
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
16h - In compliance with Regulation 30(6) read with Schedule III and other applicable provisions of the SEBI Listing Regulations, we hereby inform you that an earnings …
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Jul - Submitted Regulation 74(5) certificate for quarter ended 30 June 2026; no demat requests received.
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Cessation Of Internal Auditor
30 Jun - Mr. K. N. Vaidyanathan ceased as Internal Auditor effective 30 June 2026.
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Closure of Trading Window
26 Jun - Board meets 20 July 2026 for Q1 FY2026-27 results; trading window closed 1-22 July 2026.
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Board Meeting Intimation for Consideration And Approval Of The Unaudited Standalone And Consolidated Financial Results Of The Company For The First Quarter Ended 30 June 2026 And Any Other Matters.
26 Jun - Board meets on 20 July 2026 to approve Q1 FY2026-27 results; trading window closed 1-22 July 2026.
Annual reports
Concalls
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Service Portfolio
a) Contract Logistics:[1][2]
The company offers end-to-end contract logistics solutions including transportation, warehousing, stores & line feed, fulfilment services, and value-added services (VAS). It manages 20.5+ million sq. ft. of warehouse space across 400+ locations, supported by a fleet of 15,000+ vehicles, ~1,500 trucks per month, and 1,500+ business associates.