Mahindra Logistics
Mahindra Logistics Limited valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Mahindra Logistics Limited, framed against the sector median so the premium or discount is obvious at a glance.
Mahindra Logistics Limited trades at a P/E of 1453.91× and P/B of 2.82×, against the Services sector median P/E of 34.10×.
Valuation
Profitability
Growth
Financial Health
Mahindra Logistics Limited chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Mahindra Logistics Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
Mahindra Logistics Limited financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Mahindra Logistics Limited, switchable between annual and quarterly views, consolidated or standalone.
Mahindra Logistics Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹3,806.67 Cr and reported EPS of ₹0.25.
| Period | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 3,416 | 3,416 | 3,851 | 3,471 | 3,264 | 4,083 | 5,128 | 5,506 | 6,105 | 6,999 |
| Other Income | 6 | 6 | 8 | 14 | 17 | 12 | 16 | 18 | 16 | 17 |
| Total Income | 3,422 | 3,422 | 3,859 | 3,485 | 3,281 | 4,095 | 5,144 | 5,524 | 6,121 | 7,016 |
| Cost of Goods Sold (COGS) | — | — | — | — | — | 9 | 7 | 0 | — | — |
| Gross Profit | 3,416 | 3,416 | 3,851 | 3,471 | 3,264 | 4,074 | 5,121 | 5,506 | 6,105 | 6,999 |
| +Operating Expenses | 3,296 | 3,296 | 3,700 | 3,313 | 3,130 | 3,876 | 4,862 | 5,277 | 5,821 | 6,623 |
| EBITDA | 120 | 120 | 151 | 158 | 134 | 198 | 260 | 229 | 284 | 376 |
| +Non-Operating Expenses | 24 | 24 | 25 | 91 | 107 | 164 | 241 | 281 | 308 | 346 |
| Profit Before Tax (PBT) | 102 | 102 | 133 | 81 | 39 | 46 | 35 | -26 | -8 | 33 |
| +Tax Expense | 37 | 37 | 47 | 26 | 10 | 11 | 7 | 26 | 22 | 23 |
| Total Profit for Period | 65 | 65 | 86 | 55 | 29 | 35 | 25 | -53 | -30 | 11 |
| Less: Non-controlling Interests | 1 | 1 | 1 | -0 | -1 | -2 | -2 | 2 | 6 | 8 |
| Net Profit (Owner's PAT) | 64 | 64 | 86 | 55 | 30 | 37 | 26 | -55 | -36 | 2 |
| Earnings Per Share (EPS) | 2.52 | 6.54 | 8.72 | 5.60 | 3.04 | 3.75 | 2.66 | -5.53 | -3.61 | 0.23 |
| Diluted Shares Outstanding (Nos.) | 25 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| +Additional Disclosures | 3,321 | 3,321 | 3,726 | 3,403 | 3,238 | 4,056 | 5,114 | 5,556 | 6,134 | 6,986 |
| Sales Growth % | — | — | 12.74 | -9.87 | -5.98 | 25.10 | 25.60 | 7.36 | 10.88 | 14.65 |
| YoY Sales Growth % | — | — | 12.74 | -9.87 | -5.98 | 25.10 | 25.60 | 7.36 | 10.88 | 14.65 |
| Material Cost % | — | — | — | — | — | 0 | 0 | 0 | — | — |
| Employee Cost % | 7 | 7 | 7 | 9 | 9 | 7 | 7 | 7 | 7 | 6 |
| Other Cost % | 90 | 90 | 89 | 87 | 87 | 88 | 88 | 88 | 89 | 89 |
| OPM % | 4 | 4 | 4 | 5 | 4 | 5 | 5 | 4 | 5 | 5 |
| Tax % | 36 | 36 | 35 | 32 | 26 | 25 | 21 | -97 | -292 | 68 |
| Profit Growth % | — | — | 33.79 | -35.64 | -45.57 | 23.57 | -29.11 | -308.30 | 34.51 | 106.39 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| +Additional Fields | 100 | 100 | 129 | 85 | 45 | 63 | 70 | 20 | 58 | 99 |
Mahindra Logistics segment analysis: revenue and profit mix.
Disclosed business segments at Mahindra Logistics with their share of revenue and profit, switchable between consolidated and standalone reporting.
Mahindra Logistics discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Mahindra Logistics Limited investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Mahindra Logistics Limited, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Mahindra Logistics Limited's investment case rests on 7 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Mahindra Logistics maintains a robust promoter holding of 59.6% as of September 2025, indicating strong insider confidence and a stable ownership structure, which can reassure investors about long-term commitment.
The company reported a healthy 10.80% increase in quarterly sales, reaching ₹1685 crore in the latest quarter (Sep 2025), demonstrating underlying market demand and potential for revenue expansion despite profitability challenges.
Mahindra Logistics exhibits a manageable debt-to-equity ratio of 0.59, suggesting a prudent approach to financial leverage and a relatively strong balance sheet, providing resilience against economic fluctuations.
The company offers a dividend yield of 0.70%, providing a modest return to shareholders and indicating a commitment to distributing profits, which can be attractive for income-focused investors.
The burgeoning e-commerce sector and government initiatives like the National Logistics Policy are poised to drive significant growth in the logistics industry, creating substantial demand for integrated solutions.
What can break it.
Mahindra Logistics reported a concerning negative Return on Equity (ROE) of -7.96%, indicating that the company is not generating sufficient profit from shareholders' capital, raising efficiency concerns.
The company recorded a negative profit after tax of -₹36.9 crore annually and -₹10.4 crore in the latest quarter, highlighting significant profitability issues and operational inefficiencies that need addressing.
A Price-to-Earnings (P/E) ratio of 0.00 signals negative earnings per share (-₹3.72), indicating that the company is currently unprofitable, which is a major red flag for value investors.
The Return on Capital Employed (ROCE) stands at a low 5.64%, significantly trailing industry peers like TCI (20.52%) and Blue Dart (16.33%), suggesting inefficient capital utilization.
Foreign Institutional Investor (FII) holding has sharply declined from 20.08% in June 2022 to 3.86% in September 2025, reflecting a significant loss of confidence from foreign investors.
What would change my mind.
Trim if P/E re-rates above 1890 (~55.4× the sector multiple of 34.1). The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 47.23. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 8%. The operating engine is no longer compounding capital efficiently.
Mahindra Logistics Limited peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Mahindra Logistics Limited is highlighted for quick read-across.
Quick Compare
Peer Comparison
Mahindra Logistics Limited technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Mahindra Logistics Limited — derived from the live tape, not yesterday's close.
Mahindra Logistics Limited last traded at ₹383.6 with an intraday range of ₹370.2–₹386.05 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹383.60| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 421.40 | +37.80 | +9.85% |
| R3 | 405.55 | +21.95 | +5.72% |
| R2 | 395.80 | +12.20 | +3.18% |
| R1 | 389.70 | +6.10 | +1.59% |
| PIVOT | 379.95 | -3.65 | -0.95% |
| CURRENT | 383.60 | — | — |
| S1 | 342.15 | -41.45 | -10.81% |
| S2 | 358.00 | -25.60 | -6.67% |
| S3 | 364.10 | -19.50 | -5.08% |
| S4 | 373.85 | -9.75 | -2.54% |
MAHLOG is trading Above CPR, indicating Bullishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: 373.9 ~ 381.7
Trading Above opening range, showing Bullishness
Mahindra Logistics Limited delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Mahindra Logistics Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Mahindra Logistics Limited stood at 37.4% of traded volume, against a 20-day average of 51.1%.
Mahindra Logistics announcements: results, concalls, ratings, M&A.
Filings Mahindra Logistics sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Mahindra Logistics files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 166 documents below.
Disclosure under SEBI Takeover Regulations
Mahindra and Mahindra Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of…
Copy of Newspaper Publication
Mahindra Logistics Limited has informed the Exchange about Copy of Newspaper Publication published today i.e. Wednesday 17 June 2026 is attached,
Analysts/Institutional Investor Meet/Con. Call Updates
Mahindra Logistics Limited has informed the Exchange about Schedule of meet scheduled on 9 June 2026 pursuant to Regulation 30 of Securities and…
Updates
Mahindra Logistics Limited has informed the Exchange regarding 'Communication to Shareholders on dividend for FY 2025-26: Intimation on Tax Deduction…
Copy of Newspaper Publication
Mahindra Logistics Limited has informed the Exchange about detailed intimation regarding newspaper advertisement for the transfer of Ordinary…
Investor decks & rating reports.
Investor Presentation
Investor Presentation
Analysts/Institutional Investor Meet/Con. Call Updates
Analysts/Institutional Investor Meet/Con. Call Updates
Mahindra Logistics insider trading: promoter and management activity.
Promoter, director and designated-employee transactions in Mahindra Logistics as reported to SEBI — buying and selling signals from the people who know the business best.
Mahindra Logistics insider activity below tracks 6 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| Saurav Chakraborty | Insider | 01 Jan 2025 | buy | +4.3 K | ₹43,280 | ₹10.00 |
| Sreenivas Pamidimukkala | Insider | 01 Jan 2025 | buy | +3.4 K | ₹33,920 | ₹10.00 |
| Rampraveen Swaminathan | Insider | 01 Jan 2025 | buy | +52.0 K | ₹5.2 L | ₹10.00 |
| Prasanna Vikas Pahade | Insider | 01 Jan 2025 | buy | +3.9 K | ₹38,960 | ₹10.00 |
| Rajesh Shetty | Insider | 01 Jan 2025 | buy | +4.5 K | ₹44,510 | ₹10.00 |
| Lovinder Singh Saggu | Insider | 26 Dec 2024 | buy | +4.5 K | ₹16.75 L | ₹372.20 |
Mahindra Logistics dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Mahindra Logistics has declared, sequenced by announce and record date.
Mahindra Logistics corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Mahindra Logistics Limited: business, sector, key facts.
What Mahindra Logistics Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Mahindra Logistics Limited operates in the Services, listed as NSE: MAHLOG, BSE: 540768.
Mahindra Logistics Limited (MAHLOG) is a prominent provider of integrated logistics and mobility solutions, operating both domestically within India and internationally. Their business model centers around delivering comprehensive supply chain management (SCM) and enterprise mobility services (EMS) to a diverse range of clients across numerous industry sectors.
The SCM segment encompasses a broad spectrum of logistics solutions. This includes the core services of transportation and distribution, warehousing, and in-factory logistics. Beyond these fundamental offerings, MAHLOG provides value-added services such as inventory control and storage management, contract logistics, B2B express delivery, last-mile delivery, and freight forwarding. Their capabilities extend to handling both domestic and international freight, including customs brokerage, project cargo, and chartering services. A significant part of their SCM business involves providing logistics and transportation support to original equipment manufacturers (OEMs), particularly in the automotive sector, for the movement of finished vehicles.
MAHLOG's EMS segment focuses on mobility solutions, leveraging technology to optimize transportation and related services. They offer integrated technology services such as application-based route planning and optimization, real-time control tower operations for tracking vehicles and passengers, and electric vehicle telematics. Furthermore, they operate consumer-facing mobility services under the Alyte and Meru brands, providing on-demand cab services, airport transfers, and outstation travel options. The company also extends its reach into IT-enabled services, including business process outsourcing, consulting, and e-commerce related support, primarily for telecom and manufacturing industries.
MAHLOG serves a substantial client base consisting of both domestic and multinational companies across various industries. These include automotive, agriculture, manufacturing, e-commerce, consumer goods, pharmaceuticals, telecom, and commodities. The company's ability to offer a comprehensive suite of integrated logistics and mobility services, backed by technological expertise, positions it as a key player in the Indian and international logistics markets. Founded in 2000 and headquartered in Mumbai, India, MAHLOG is a subsidiary of the larger Mahindra & Mahindra Limited conglomerate.
Questions investors ask about Mahindra Logistics Limited (MAHLOG).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Mahindra Logistics Limited (MAHLOG)?
The current share price of Mahindra Logistics Limited (MAHLOG) is ₹383.6. Today, the stock has gained by ₹13.95 (3.77%), trading in a range of ₹370.2 to ₹386.05. The stock opened at ₹374.45 with a trading volume of 6,61,288 shares.
02Is Mahindra Logistics Limited stock a good investment for long-term?
Mahindra Logistics Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹3,806.67 crores, P/E ratio of 1453.91, ROE of 1.28%, and ROCE of 5.64%. The dividend yield stands at 0.48%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Mahindra Logistics Limited stock?
The 52-week high price of Mahindra Logistics Limited (MAHLOG) is ₹450, while the 52-week low is ₹275.05. Currently trading at ₹383.6, the stock is 62.0% away from its 52-week low and 14.8% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Mahindra Logistics Limited stock at the current price?
Whether to buy Mahindra Logistics Limited stock at ₹383.6 depends on multiple factors. The stock is currently trading with a P/E ratio of 1453.91 and P/B ratio of 2.82. Today's performance shows a gain of 3.77%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Mahindra Logistics Limited and when is the next dividend?
Mahindra Logistics Limited offers a dividend yield of 0.48%, which means for every ₹100 invested at the current price of ₹383.6, you can expect to receive approximately ₹0.48 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Mahindra Logistics Limited?
Mahindra Logistics Limited's key financial metrics include: P/E Ratio: 1453.91, P/B Ratio: 2.82, ROE: 1.28%, ROCE: 5.64%, Dividend Yield: 0.48%, EPS: ₹0.25, Book Value: ₹79.47, and Debt-to-Equity: 46.73. The company's market cap stands at ₹3,806.67 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Mahindra Logistics Limited stock performing today in the market?
Mahindra Logistics Limited stock opened at ₹374.45 and is currently trading at ₹383.6, showing a gain of ₹13.95 (3.77%). The intraday high is ₹386.05 and low is ₹370.2. The trading volume stands at 6,61,288 shares, indicating moderate market participation today.
08What is the P/E ratio of Mahindra Logistics Limited and what does it indicate?
Mahindra Logistics Limited has a Price-to-Earnings (P/E) ratio of 1453.91, which means investors are willing to pay ₹1453.91 for every ₹1 of earnings. With an EPS of ₹0.25, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Mahindra Logistics Limited (MAHLOG) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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