Maheshwari Logistics reports FY26 results, no dividend
Maheshwari Logistics Limited reported a standalone net profit of ₹1,634.93 lakh and consolidated profit of ₹1,709.57 lakh for FY26. Revenue from operations increased to ₹1,06,649.37 lakh on a standalone basis and ₹1,11,000.63 lakh on a consolidated basis. The board approved the audited financial results on May 30, 2026, and decided not to recommend a final dividend for the year.

*this image is generated using AI for illustrative purposes only.
Maheshwari Logistics Limited reported a standalone net profit of ₹1,634.93 lakh for the financial year ended March 31, 2026, while consolidated profit stood at ₹1,709.57 lakh. The company's board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, during a meeting held on May 30, 2026. Despite the profitability, the board decided not to recommend any final dividend for the financial year.
The statutory auditors, M/s. Kakaria and Associates LLP, issued an audit report with an unmodified opinion regarding the annual audited standalone and consolidated financial results. The auditors confirmed that the financial results give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards. For the consolidated results, the audit report noted that one subsidiary received a qualified opinion regarding non-compliance with Ind AS 19 related to employee benefits, though this did not modify the overall opinion on the consolidated figures.
Revenue from operations for the standalone entity increased to ₹1,06,649.37 lakh in FY26 from ₹94,980.92 lakh in the previous year. On a consolidated basis, revenue from operations rose to ₹1,11,000.63 lakh from ₹97,371.97 lakh in the same period. The total comprehensive income for the year was ₹1,650.08 lakh on a standalone basis and ₹1,724.72 lakh on a consolidated basis.
Financial Performance
The company's earnings per share (EPS) for the continuing operations on a standalone basis was ₹5.52 for the year ended March 31, 2026, compared to ₹5.93 in the previous year. Consolidated EPS for the same period was ₹5.69, down from ₹6.13 in the prior year. The board also re-appointed M/s. Shailendra Jain & Associates as the Internal Auditor of the company for the financial year 2026-27.
Key Financial Metrics
| Metric | Standalone FY26 (₹ Lakh) | Standalone FY25 (₹ Lakh) | Consolidated FY26 (₹ Lakh) | Consolidated FY25 (₹ Lakh) |
|---|---|---|---|---|
| Revenue from Operations | 1,06,649.37 | 94,980.92 | 1,11,000.63 | 97,371.97 |
| Total Income | 1,07,338.04 | 95,476.97 | 1,11,000.63 | 97,371.97 |
| Total Expenses | 1,00,147.08 | 88,478.39 | 1,04,419.27 | 89,855.13 |
| Net Profit | 1,634.93 | 1,756.46 | 1,709.57 | 1,841.95 |
| Earnings Per Share (Basic) | 5.52 | 5.93 | 5.69 | 6.13 |
Historical Stock Returns for Maheshwari Logistics
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +6.52% | +16.95% | +24.00% | +29.69% | +5.09% | -43.22% |
What strategic initiatives will the company prioritize with the retained earnings given the decision to withhold a final dividend?
How does the company plan to address the subsidiary's non-compliance with Ind AS 19 to prevent future audit qualifications?
What measures are being taken to reverse the decline in Earnings Per Share despite the increase in revenue?




























