| Quarterly Financials | Dec 2016 | Mar 2017 | Jun 2017 | Sept 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sept 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sept 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sept 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
Revenue  | 717 | 725 | 855 | 838 | 837 | 894 | 931 | 929 | 983 | 1,017 | 906 | 854 | 910 | 815 | 413 | 841 | 1,049 | 979 | 885 | 1,035 | 1,139 | 1,095 | 1,203 | 1,330 | 1,335 | 1,276 | 1,299 | 1,371 | 1,403 | 1,454 | 1,426 | 1,523 | 1,600 | 1,572 | 1,630 | 1,688 |
| Expenses | 695 | 703 | 826 | 810 | 806 | 855 | 888 | 893 | 945 | 974 | 859 | 815 | 866 | 774 | 413 | 795 | 994 | 931 | 843 | 986 | 1,091 | 1,037 | 1,134 | 1,259 | 1,267 | 1,209 | 1,227 | 1,311 | 1,345 | 1,394 | 1,354 | 1,455 | 1,521 | 1,492 | 1,548 | 1,600 |
| EBITDA | 22 | 22 | 29 | 28 | 31 | 39 | 43 | 35 | 38 | 43 | 47 | 40 | 44 | 41 | 1 | 46 | 55 | 48 | 43 | 49 | 48 | 58 | 69 | 71 | 68 | 68 | 73 | 60 | 58 | 60 | 72 | 68 | 80 | 80 | 81 | 88 |
| Operating Profit % | 3 % | 3 % | 3 % | 3 % | 4 % | 4 % | 4 % | 4 % | 4 % | 4 % | 4 % | 4 % | 5 % | 5 % | -1 % | 4 % | 5 % | 4 % | 5 % | 5 % | 4 % | 5 % | 5 % | 5 % | 5 % | 5 % | 5 % | 4 % | 4 % | 4 % | 5 % | 4 % | 5 % | 5 % | 5 % | 5 % |
| Depreciation | 4 | 5 | 4 | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 15 | 18 | 19 | 22 | 18 | 21 | 24 | 26 | 30 | 35 | 38 | 39 | 41 | 44 | 50 | 55 | 55 | 52 | 52 | 51 | 55 | 54 | 59 | 58 | 65 | 72 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 4 | 4 | 6 | 5 | 5 | 6 | 6 | 6 | 7 | 8 | 9 | 9 | 11 | 15 | 17 | 18 | 17 | 16 | 17 | 20 | 19 | 22 | 21 | 23 | 22 |
| Profit Before Tax | 18 | 17 | 24 | 22 | 25 | 32 | 38 | 29 | 31 | 36 | 29 | 18 | 21 | 13 | -22 | 20 | 25 | 16 | 6 | 8 | 3 | 9 | 19 | 17 | 4 | -5 | 1 | -8 | -10 | -9 | -3 | -5 | -1 | 1 | -6 | -5 |
| Tax | 6 | 4 | 8 | 8 | 9 | 12 | 13 | 10 | 12 | 12 | 10 | 7 | 6 | 4 | -6 | 6 | 7 | 4 | 3 | 3 | 2 | 3 | 6 | 5 | 2 | -4 | 9 | 7 | 8 | 3 | 5 | 5 | 6 | 6 | 4 | 3 |
| Net Profit | 11 | 12 | 15 | 14 | 16 | 21 | 24 | 19 | 19 | 24 | 19 | 11 | 16 | 10 | -17 | 15 | 18 | 13 | 3 | 5 | 1 | 6 | 13 | 11 | 1 | -1 | -9 | -16 | -17 | -12 | -8 | -10 | -7 | -5 | -9 | -8 |
| EPS in ₹ | 1.68 | 1.74 | 2.17 | 1.96 | 2.09 | 2.88 | 3.38 | 2.66 | 2.69 | 3.30 | 2.61 | 1.57 | 2.17 | 1.36 | -2.21 | 2.09 | 2.55 | 1.76 | 0.46 | 1.37 | 0.25 | 1.03 | 1.88 | 1.69 | 0.19 | -0.11 | -1.19 | -2.21 | -2.42 | -1.78 | -1.29 | -1.50 | -1.25 | -0.93 | -1.50 | -1.20 |
Mahindra Logistic
Mahindra Logistic
341.95
+0.90
(0.26%)
Key Fundamentals
Market Cap
3,382.60 Cr
EPS
-4.97
PE Ratio
-112.08
Dividend Yield
0.53 %
Industry
Logistics & Cargo 52 Week High
388.40
52 Week Low
217.38
PB Ratio
2.97
Debt to Equity
1.73
Sector
Logistics Solution Provider Analyst Rating and Forecast
- By Refinitiv from9 analysts
Actual
Company News
View All News
Mahindra Logistics has reaffirmed its goal to reduce warehouse whitespaces by 95% by September 2026. The company's management did not provide a specific timeline for the express business to achieve EBITDA profitability, describing it as an upcoming goal. The company indicated that lease and depreciation costs have peaked and are expected to remain around INR 72 crores quarterly going forward.
Mahindra Logistics Targets ₹14,000 Crore Revenue by FY27 with Warehousing and EV Fleet Expansion
Oct 27, 2025
Oct 27, 2025Mahindra Logistics has projected revenue of ₹14,000 crore and EBITDA margin of 8-9 percent by FY27. The company plans to expand its 3PL warehousing capacity to 30 million square feet, scale its EV fleet to 3,500 vehicles, and establish new multimodal hubs to achieve these targets.
Mahindra Logistics' board has approved an investment of ₹50 crore in MLL Express Services. The decision represents a capital allocation by the logistics company into its express services division.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
521.70 | #1 39,554.60 | 30.59 | 9,333.90 | 3.44 | #1 1,292 | 3.05 | 38.96 | |
429.55 | 33,080.60 | 232.57 | 9,372.00 | 9.05 | 162 | -595.10 | 36.95 | |
6,221.50 | 15,022.20 | 55.41 | 5,762.20 | 8.34 | 252 | 29.62 | 60.20 | |
668.35 | 12,048.30 | 41.03 | 462.40 | #1 46.10 | -38 | 110.83 | 51.73 | |
1,137.00 | 8,878.50 | 20.26 | 4,538.50 | 11.51 | 416 | 5.78 | 34.76 | |
127.05 | 5,580.00 | 103.29 | 10,054.10 | 8.72 | -10 | #1 849.33 | 47.89 | |
273.10 | 4,752.90 | 20.46 | 3,186.40 | 9.51 | 183 | 39.39 | 50.53 | |
35.23 | 3,460.40 | -64.04 | #1 16,090.90 | 21.29 | 48 | -2,402.33 | 61.84 | |
341.95 | #9 3,382.60 | #1 -112.08 | #5 6,120.70 | #4 10.80 | #9 -30 | #5 12.50 | 44.32 | |
61.68 | 3,083.30 | 7.84 | 1,711.70 | 10.20 | 374 | 10.32 | 42.22 |
Automatic Screeners on ScanX
Growth Rate
Revenue Growth
10.80 %
Net Income Growth
-42.42 %
Cash Flow Change
51.27 %
ROE
-36.11 %
ROCE
50.74 %
EBITDA Margin (Avg.)
9.62 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 817 | 986 | 1,205 | 1,422 | 1,687 | 1,975 | 2,553 | 2,477 | 2,580 |
| Fixed Assets | 62 | 66 | 71 | 231 | 361 | 501 | 830 | 836 | 930 |
| Current Assets | 668 | 782 | 982 | 985 | 1,204 | 1,252 | 1,382 | 1,340 | 1,398 |
| Capital Work in Progress | 1 | 1 | 3 | 15 | 3 | 14 | 4 | 16 | 46 |
| Investments | 58 | 50 | 81 | 3 | 55 | 118 | 100 | 6 | 23 |
| Other Assets | 697 | 870 | 1,050 | 1,173 | 1,268 | 1,343 | 1,620 | 1,619 | 1,582 |
| Total Liabilities | 817 | 986 | 1,205 | 1,422 | 1,687 | 1,975 | 2,553 | 2,477 | 2,580 |
| Current Liabilities | 432 | 527 | 676 | 734 | 920 | 1,130 | 1,428 | 1,444 | 1,372 |
| Non Current Liabilities | 33 | 33 | 25 | 138 | 196 | 299 | 565 | 529 | 754 |
| Total Equity | 353 | 427 | 504 | 550 | 571 | 547 | 560 | 504 | 454 |
| Reserve & Surplus | 280 | 349 | 427 | 473 | 496 | 475 | 490 | 420 | 366 |
| Share Capital | 68 | 71 | 71 | 72 | 72 | 72 | 72 | 72 | 72 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | -35 | -29 | -34 | 16 | -11 | 45 | 98 | -66 | -8 | -102 | 41 |
| Investing Activities | -165 | 1 | -3 | 0 | -95 | 36 | -108 | -140 | -310 | -53 | -155 |
| Operating Activities | 27 | -48 | -34 | 12 | 95 | 85 | 294 | 191 | 119 | 227 | 343 |
| Financing Activities | 103 | 18 | 4 | 4 | -11 | -76 | -88 | -118 | 183 | -276 | -148 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Aug 2025 | Sept 2025 |
| Promoter | 58.34 % | 58.31 % | 58.25 % | 58.18 % | 58.18 % | 58.12 % | 58.11 % | 58.10 % | 58.09 % | 58.04 % | 58.04 % | 58.04 % | 58.04 % | 58.03 % | 58.03 % | 58.03 % | 57.97 % | 57.97 % | 59.60 % | 59.60 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 5.77 % | 5.51 % | 4.94 % | 5.01 % | 5.21 % | 4.80 % | 3.88 % | 3.86 % |
| DIIs | 11.59 % | 11.19 % | 10.78 % | 11.00 % | 11.98 % | 13.26 % | 15.27 % | 15.48 % | 18.65 % | 16.73 % | 14.39 % | 15.42 % | 17.39 % | 17.51 % | 18.21 % | 15.92 % | 13.86 % | 13.86 % | 13.65 % | 13.65 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 7.56 % | 7.87 % | 7.67 % | 7.68 % | 7.73 % | 6.88 % | 8.68 % | 9.10 % | 9.77 % | 11.38 % | 13.28 % | 17.11 % | 15.84 % | 16.04 % | 15.93 % | 17.69 % | 19.01 % | 19.52 % | 17.71 % | 18.60 % |
| Others | 22.51 % | 22.64 % | 23.30 % | 23.14 % | 22.11 % | 21.74 % | 17.93 % | 17.31 % | 13.48 % | 13.85 % | 14.29 % | 9.43 % | 2.96 % | 2.91 % | 2.89 % | 3.34 % | 3.95 % | 3.85 % | 5.16 % | 4.29 % |
| No of Share Holders | 48,581 | 53,139 | 55,460 | 52,392 | 59,138 | 58,280 | 64,642 | 65,018 | 66,347 | 71,064 | 73,682 | 80,205 | 80,687 | 78,708 | 78,164 | 80,208 | 80,315 | 79,055 | 80,849 | 80,924 |
Dividend History
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 0.00 | 1.5 | 1.8 | 1.5 | 2.5 | 2 | 2.5 | 2.5 | 2.5 |
| Dividend Yield (%) | 0.00 | 0.00 | 0.31 | 0.87 | 0.28 | 0.54 | 0.62 | 0.67 | 1.05 | 0.73 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 21 Jul 2021 |  Dividend | ₹ 2.50 /share | 19 Jul 2021 | 503.61 | 517.58 |
| 23 Jul 2022 | Dividend | ₹ 2.00 /share | 21 Jul 2022 | 435.17 | 435.04 |
| 15 Jul 2023 | Dividend | ₹ 2.50 /share | 14 Jul 2023 | 346.88 | 348.66 |
| 13 Jul 2024 | Dividend | ₹ 2.50 /share | 12 Jul 2024 | 414.78 | 485.06 |
| 22 Jul 2024 |  Annual General Meeting | NA | 22 Jul 2024 | 414.78 | 468.31 |
| 21 Oct 2024 |  Quarterly Result Announcement | NA | 21 Oct 2024 | 450.04 | 445.02 |
| 27 Jan 2025 | Quarterly Result Announcement | NA | 27 Jan 2025 | 333.05 | 327.42 |
| 21 Apr 2025 | Quarterly Result Announcement | NA | 21 Apr 2025 | 247.78 | 272.18 |
| 11 Jul 2025 | Dividend | ₹ 2.50 /share | 11 Jul 2025 | 272.18 | 346.74 |
| 21 Jul 2025 | Quarterly Result Announcement | NA | 21 Jul 2025 | 345.59 | 376.12 |
| 21 Jul 2025 | Annual General Meeting | NA | 21 Jul 2025 | 272.18 | 376.12 |
| 23 Jul 2025 |  Rights | 3:8 | 23 Jul 2025 | 355.68 | 372.02 |
| 27 Oct 2025 | Quarterly Result Announcement | NA | 27 Oct 2025 | 344.20 | 356.30 |
Announcements
Update On Participation By The Company In The Analysts/Institutional Investors/Funds Meeting - Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations)5 days ago
5 days agoAnnouncement under Regulation 30 (LODR)-Earnings Call Transcript6 days ago
6 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome10 days ago
10 days agoAnnouncement under Regulation 30 (LODR)-Newspaper Publication10 days ago
10 days agoAnnouncement under Regulation 30 (LODR)-Investor PresentationOct 27, 2025
Oct 27, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseOct 27, 2025
Oct 27, 2025Announcement under Regulation 30 (LODR)-AcquisitionOct 27, 2025
Oct 27, 2025Board Meeting Outcome for Outcome Of The Board Meeting Held On 27 October 2025Oct 27, 2025
Oct 27, 2025Announcement under Regulation 30 (LODR)-Monitoring Agency ReportOct 27, 2025
Oct 27, 2025Unaudited Consolidated And Standalone Financial Results Of The Company For The Second Quarter And Half Year Ended 30 September 2025 - Regulations 30 And 33 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) RegOct 27, 2025
Oct 27, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 17, 2025
Oct 17, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 13, 2025
Oct 13, 2025Notice To Shareholders Regarding Saksham Niveshak - 100 Days Campaign Launched By Investor Education And Protection Fund (IEPF) Authority From 28 July 2025 To 6 November 2025Oct 09, 2025
Oct 09, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseOct 03, 2025
Oct 03, 2025Closure of Trading WindowOct 01, 2025
Oct 01, 2025Board Meeting Intimation for Consideration And Approval Of The Unaudited Standalone And Consolidated Financial Results Of The Company For The Second Quarter And Half Ended 30 September 2025Oct 01, 2025
Oct 01, 2025Announcement under Regulation 30 (LODR)-Change in ManagementSep 29, 2025
Sep 29, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 09, 2025
Sep 09, 2025Announcement under Regulation 30 (LODR)-Credit RatingAug 29, 2025
Aug 29, 2025Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 - Change In CFOAug 26, 2025
Aug 26, 2025Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)Aug 26, 2025
Aug 26, 2025Board Meeting Outcome for Outcome Of The Board Meeting Held On 26 August 2025 - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 - Change In CFOAug 26, 2025
Aug 26, 2025Announcement under Regulation 30 (LODR)-Change in ManagementAug 26, 2025
Aug 26, 2025Saksham Niveshak - 100 Days Campaign From 28 July 2025 To 6 November 2025 - Request To Shareholders To Update KYC Details And Claim Unpaid/Unclaimed DividendsAug 20, 2025
Aug 20, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 19, 2025
Aug 19, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Aug 19, 2025
Aug 19, 2025Announcement under Regulation 30 (LODR)-AcquisitionAug 18, 2025
Aug 18, 2025Outcome Of The Rights Issue Committee Meeting Of The Board Of Directors Of Mahindra Logistics Limited Held On 18 August 2025Aug 18, 2025
Aug 18, 2025Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 - ESG RatingAug 12, 2025
Aug 12, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 11, 2025
Aug 11, 2025Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 - ESG RatingAug 05, 2025
Aug 05, 2025Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 - ESG RatingAug 01, 2025
Aug 01, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 28, 2025
Jul 28, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptJul 25, 2025
Jul 25, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJul 22, 2025
Jul 22, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 22, 2025
Jul 22, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 22, 2025
Jul 22, 2025Intimation Of Implementation Of Mahindra Logistics Limited - Performance Stock Unit Plan 2025 -Intimation Under Regulation 30 Read With Schedule III Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) RegulationJul 22, 2025
Jul 22, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJul 22, 2025
Jul 22, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateJul 22, 2025
Jul 22, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateJul 22, 2025
Jul 22, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMJul 21, 2025
Jul 21, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportJul 21, 2025
Jul 21, 2025Addendum To The Letter Of Offer Dated 17 July 2025 For Rights Issue Of The Fully Paid-Up Equity Shares Of Mahindra Logistics LimitedJul 21, 2025
Jul 21, 2025Announcement under Regulation 30 (LODR)-Investor PresentationJul 21, 2025
Jul 21, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJul 21, 2025
Jul 21, 2025Presentation For The 18Th Annual General MeetingJul 21, 2025
Jul 21, 2025Outcome Of The Board Meeting Held On 21 July 2025 - Unaudited Consolidated And Standalone Financial Results Of The Company For The First Quarter Ended 30 June 2025 - Regulations 30 And 33 Of The Securities And Exchange Board Of India (Listing Obligations Jul 21, 2025
Jul 21, 2025Board Meeting Outcome for Outcome Of The Board Meeting Held On 21 July 2025 - Unaudited Consolidated And Standalone Financial Results Of The Company For The First Quarter Ended 30 June 2025 - Regulations 30 And 33 Of The Listing RegulationsJul 21, 2025
Jul 21, 2025Letter Of Offer For Rights Issue Of Equity Shares Jul 17, 2025
Jul 17, 2025Mutual Fund Holdings
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RSI(14)
Neutral 44.32
ATR(14)
Volatile 11.99
STOCH(9,6)
Neutral 28.67
STOCH RSI(14)
Oversold 7.42
MACD(12,26)
Bearish -2.33
ADX(14)
Weak Trend 10.44
UO(9)
Bearish 46.69
ROC(12)
Downtrend And Accelerating -6.01
WillR(14)
Neutral -79.49
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