Mahindra Logistics Limited
Mahindra Logistics Limited (MAHLOG) financial statements and selected valuation metrics from NSE/BSE exchange filings through 30 June 2026.
Services›Services›Transport Services›Logistics Solution Provider
mahindralogistics.com(opens the company website in a new tab)Key metrics
Price as of 2026-09-03
Stock price
₹400.30
Market cap
3,970 Cr
Stock P/E
63.8
P/B
3.30
Dividend yield
0.5%
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Share price
NSE closing price from historical market data.
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Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · NSE preferred when both exchanges report the same period · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023BSE balance sheet (this exchange's own filing had none for this period) | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,365 Cr | 1,397 Cr | 1,451 Cr | 1,420 Cr | 1,521 Cr | 1,594 Cr | 1,570 Cr | 1,625 Cr | 1,685 Cr | 1,898 Cr | 1,791 Cr | 2,003 Cr |
| Operating expenses (approx.) | 1,311 Cr | 1,345 Cr | 1,394 Cr | 1,354 Cr | 1,455 Cr | 1,521 Cr | 1,492 Cr | 1,548 Cr | 1,600 Cr | 1,795 Cr | 1,679 Cr | 1,887 Cr |
| EBITDA | 54 Cr | 52 Cr | 57 Cr | 66 Cr | 66 Cr | 74 Cr | 78 Cr | 76 Cr | 85 Cr | 103 Cr | 112 Cr | 115 Cr |
| OPM % | 3.9% | 3.7% | 3.9% | 4.7% | 4.4% | 4.6% | 5.0% | 4.7% | 5.0% | 5.4% | 6.3% | 5.8% |
| Other income | 7 Cr | 2 Cr | 3 Cr | 6 Cr | 2 Cr | 6 Cr | 2 Cr | 5 Cr | 3 Cr | 5 Cr | 4 Cr | 10 Cr |
| Interest | 17 Cr | 16 Cr | 17 Cr | 19 Cr | 19 Cr | 22 Cr | 21 Cr | 23 Cr | 22 Cr | 17 Cr | 14 Cr | 14 Cr |
| Depreciation | 52 Cr | 51 Cr | 51 Cr | 55 Cr | 54 Cr | 59 Cr | 58 Cr | 65 Cr | 72 Cr | 72 Cr | 70 Cr | 72 Cr |
| Profit before tax | -8 Cr | -10 Cr | -9 Cr | -2 Cr | -5 Cr | -1 Cr | 0.95 Cr | -6 Cr | -5 Cr | 12 Cr | 32 Cr | 39 Cr |
| Tax % | -87.6% | -66.4% | -29.2% | -213.6% | -93.4% | -531.3% | 656.8% | -62.2% | -54.5% | 51.7% | 30.0% | 28.8% |
| Net profit | -16 Cr | -17 Cr | -12 Cr | -8 Cr | -10 Cr | -7 Cr | -5 Cr | -9 Cr | -8 Cr | 6 Cr | 22 Cr | 28 Cr |
| EPS (₹) | ₹-2.21 | ₹-2.42 | ₹-1.78 | ₹-1.29 | ₹-1.50 | ₹-1.25 | ₹-0.93 | ₹-1.50 | ₹-1.20 | ₹0.33 | ₹2.04 | ₹2.56 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,851 Cr | 3,471 Cr | 3,264 Cr | 4,083 Cr | 5,128 Cr | 5,506 Cr | 6,105 Cr | 6,999 Cr | Sign in for TTM |
| Operating expenses (approx.) | 3,700 Cr | 3,313 Cr | 3,130 Cr | 3,885 Cr | 4,869 Cr | 5,277 Cr | 5,821 Cr | 6,623 Cr | Sign in for TTM |
| EBITDA | 151 Cr | 158 Cr | 134 Cr | 198 Cr | 260 Cr | 229 Cr | 284 Cr | 376 Cr | Sign in for TTM |
| OPM % | 3.9% | 4.6% | 4.1% | 4.8% | 5.1% | 4.2% | 4.7% | 5.4% | Sign in for TTM |
| Other income | 8 Cr | 14 Cr | 17 Cr | 12 Cr | 16 Cr | 18 Cr | 16 Cr | 17 Cr | Sign in for TTM |
| Interest | 3 Cr | 18 Cr | 20 Cr | 30 Cr | 52 Cr | 68 Cr | 81 Cr | 75 Cr | Sign in for TTM |
| Depreciation | 22 Cr | 73 Cr | 90 Cr | 135 Cr | 190 Cr | 209 Cr | 226 Cr | 278 Cr | Sign in for TTM |
| Profit before tax | 133 Cr | 81 Cr | 39 Cr | 46 Cr | 32 Cr | -27 Cr | -8 Cr | 33 Cr | Sign in for TTM |
| Tax % | 35.1% | 31.9% | 25.8% | 24.5% | 22.4% | -93.7% | -291.1% | 68.1% | Sign in for TTM |
| Net profit | 86 Cr | 55 Cr | 29 Cr | 35 Cr | 25 Cr | -53 Cr | -30 Cr | 11 Cr | Sign in for TTM |
| EPS (₹) | ₹12.02 | ₹7.71 | ₹4.19 | ₹5.16 | ₹3.65 | ₹-7.60 | ₹-4.97 | ₹0.25 | Sign in for TTM |
| Dividend payout % | — | — | — | 51.9% | 58.4% | — | — | 170.6% | Sign in for TTM |
Sign in for TTM
Trailing twelve months totals and margin rows
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 71 Cr | 72 Cr | 72 Cr | 72 Cr | 72 Cr | 72 Cr | 72 Cr | 99 Cr |
| Reserves | 427 Cr | 473 Cr | 496 Cr | 518 Cr | 490 Cr | 420 Cr | 366 Cr | 1,076 Cr |
| Borrowings | — | — | — | — | 401 Cr | 339 Cr | 424 Cr | 44 Cr |
| Other liabilities | 707 Cr | 877 Cr | 1,111 Cr | 1,341 Cr | 1,591 Cr | 1,634 Cr | 1,702 Cr | 1,865 Cr |
| Total liabilities | 1,205 Cr | 1,422 Cr | 1,679 Cr | 1,931 Cr | 2,553 Cr | 2,477 Cr | 2,580 Cr | 3,108 Cr |
| Fixed assets (net) | — | — | — | — | 584 Cr | 552 Cr | 662 Cr | 889 Cr |
| CWIP | — | — | — | — | 3 Cr | 16 Cr | 46 Cr | 24 Cr |
| Investments | — | — | — | — | 100 Cr | 6 Cr | 23 Cr | 125 Cr |
| Loans & advances | — | — | — | — | 0 Cr | 0 Cr | 0 Cr | 2 Cr |
| Inventories | — | — | — | — | 0.41 Cr | 0 Cr | 0 Cr | 0 Cr |
| Trade receivables | — | — | — | — | 652 Cr | 702 Cr | 625 Cr | 690 Cr |
| Cash & bank | — | — | — | — | 126 Cr | 24 Cr | 65 Cr | 107 Cr |
| Other assets | 1,205 Cr | 1,422 Cr | 1,679 Cr | 1,931 Cr | 1,087 Cr | 1,177 Cr | 1,159 Cr | 1,271 Cr |
| Total assets | 1,205 Cr | 1,422 Cr | 1,679 Cr | 1,931 Cr | 2,553 Cr | 2,477 Cr | 2,580 Cr | 3,108 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | — | — | — | 200 Cr | 119 Cr | 227 Cr | 343 Cr | 254 Cr |
| Cash from investing | — | — | — | -150 Cr | -310 Cr | -53 Cr | -155 Cr | -316 Cr |
| Cash from financing | — | — | — | -116 Cr | 183 Cr | -276 Cr | -148 Cr | 105 Cr |
| Net cash flow | — | — | — | -66 Cr | -8 Cr | -102 Cr | 41 Cr | 42 Cr |
| Free cash flow (OCF − Capex) | — | — | — | 94 Cr | 48 Cr | 156 Cr | 162 Cr | 115 Cr |
Ratios
Ratios as reported or derived per annual period.
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| ROCE % | 27.4% | 18.0% | 10.4% | 12.8% | 8.7% | 4.8% | 8.4% | 8.7% |
| ROE % | 17.2% | 10.1% | 5.3% | 6.3% | 4.7% | -10.9% | -7.9% | 0.2% |
| Debtor days | — | — | — | — | 46 | 47 | 37 | 36 |
| Inventory days | — | — | — | — | 23 | 0 | 0 | 0 |
| Days payable | — | — | — | — | 57977 | 989230 | 66 | 58 |
| Cash conversion cycle | — | — | — | — | -57908 | -989184 | -28 | -22 |
| Debt / equity | — | — | — | — | 0.72 | 0.69 | 0.97 | 0.04 |
| Current ratio | — | — | — | — | 1.07 | 1.00 | 1.02 | 1.16 |
| Net debt / EBITDA | 0.00 | 0.00 | 0.00 | 0.00 | 1.06 | 1.37 | 1.26 | -0.17 |
Compare with peers
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