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Mahindra Logistics Limited (MAHLOG.NS)

INR388.40 -5.30 (-1.35%)
IN NSE Industrials Integrated Freight & Logistics
Address Plot No 20, Jogeshwari-Vikhroli Link Rd 400 060
Mumbai, IN
CEO Hemant Sikka
IPO 2017-11-10
ISIN INE766P01016

Explore sections of this company profile

Also trades on Bombay Stock Exchange · MAHLOG.BO (INR) National Stock Exchange of India · MAHLOG.NS (INR)
Description

Mahindra Logistics Ltd. offers comprehensive logistics and people transportation solutions, operating across India and internationally. The company's business is structured into two main divisions: Supply Chain Management (SCM) and Enterprise Mobility Services (EMS). The SCM division delivers tailored, end-to-end logistical solutions, including transportation, warehousing, in-plant logistics, and a range of value-added services. Its offerings also span express freight for businesses, partial truckload services, international freight forwarding, last-mile deliveries, micro-fulfillment, and electric cargo transport. This segment caters to a diverse clientele of domestic and global corporations across sectors like automotive, engineering, e-commerce, consumer goods, pharmaceuticals, telecom, and commodities. The EMS division focuses on technology-driven personnel transportation for corporate clients in industries such as information technology, IT-enabled services, business process outsourcing, financial services, consulting, e-commerce, and manufacturing. Key features of this segment include integrated technological tools like application-based route planning and optimization, 24/7 control tower operations for real-time tracking of vehicles and passengers, and telematics for electric vehicles. Furthermore, Mahindra Logistics handles international freight forwarding for exports and imports, customs brokerage, specialized project cargo services, air charter arrangements, and logistics for original equipment manufacturers (OEMs) concerning finished automobile transport. Founded in Mumbai, India, in 2000, Mahindra Logistics Limited operates as a subsidiary of Mahindra & Mahindra Limited.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR388.40 -5.30 (-1.35%)
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Volume Profile
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Liquidity & share structure
Average Volume
228.7K
Beta
0.37
Float Shares
39.89M
Free Float %
40.2%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
388.40
DCF (Unlevered) 525.76 +35.4%
DCF (Levered) 333.19 -14.2%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 71% Bullish
Rating 2026-04 Change
Strong Buy 2 0
Buy 3 -1
Hold 1 0
Sell 0 0
Strong Sell 1 0
Quality scores
Altman Z-Score
3.70
Safe zone
Piotroski F-Score
4 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
C-
Overall Score
1 / 5
Low
DCF Score
4 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Integrated Freight & Logistics: +6.5%
    +14.7% Q1'26: +14.1% (vs Q1'25)
  • EPS growth Integrated Freight & Logistics: +7.1%
    +105.0% Q1'26: +318.3% (vs Q1'25)
  • FCF margin FCF growth · Integrated Freight & Logistics: +60.0%
    +1.3% Q1'26: -6.2% (vs Q1'25)
  • EBIT margin Integrated Freight & Logistics: +6.9%
    +1.6% Q1'26: +2.6% (vs Q1'25)
  • ROIC Integrated Freight & Logistics: +6.4%
    +6.3% Q1'26: +12.6% (vs Q1'25)
  • Share dilution Integrated Freight & Logistics: +0.1%
    +27.0% Q1'26: +37.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Integrated Freight & Logistics: 0.95×
    1.68× Q1'26: 3.51× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.22) × ERP
WACC = 85% × Ke + 15% × Kd (11.6%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 525.76 Current price: 388.40
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
7 Rev. Ana.
1 EPS Ana.
Mar 2027
7 Rev. Ana.
6 EPS Ana.
Mar 2028
6 Rev. Ana.
5 EPS Ana.
Mar 2029
1 Rev. Ana.
1 EPS Ana.
Mar 2030
1 Rev. Ana.
1 EPS Ana.
Revenue
34.16B
est: 34.16B (+0.0%)
38.51B
est: 38.52B (0.0%)
34.71B
est: 34.89B (-0.5%)
32.64B
est: 33.12B (-1.5%)
41.31B
est: 40.87B (+1.1%)
51.28B
est: 51.28B (0.0%)
55.06B
est: 56.33B (-2.3%)
61.05B
est: 62.03B (-1.6%)
71.38B
70.34B – 73.10B
+15.1% YoY
81.30B
78.82B – 87.10B
+13.9% YoY
91.76B
87.38B – 100.99B
+12.9% YoY
104.64B
100.49B – 113.72B
+14.0% YoY
130.24B
125.08B – 141.55B
+24.5% YoY
EBITDA
1.26B
est: 1.65B (-24.1%)
1.59B
est: 1.37B (+15.5%)
1.72B
est: 1.47B (+17.1%)
1.49B
est: 1.24B (+20.6%)
1.98B
est: 1.57B (+26.3%)
2.76B
est: 1.77B (+56.1%)
2.51B
est: 2.90B (-13.4%)
3.00B
est: 3.19B (-5.9%)
3.67B
3.62B – 3.76B
+15.1% YoY
4.18B
4.05B – 4.48B
+13.9% YoY
4.72B
4.49B – 5.19B
+12.9% YoY
5.38B
5.17B – 5.85B
+14.0% YoY
6.70B
6.43B – 7.28B
+24.5% YoY
EBIT
1.06B
est: 465.82M (+127.3%)
1.37B
est: 1.13B (+20.9%)
988.20M
est: 1.22B (-18.9%)
592.90M
est: 710.27M (-16.5%)
561.30M
est: 900.67M (-37.7%)
861.10M
est: 1.01B (-15.1%)
417.70M
est: 768.09M (-45.6%)
735.40M
est: 845.47M (-13.0%)
973.40M
959.15M – 996.78M
+15.1% YoY
1.11B
1.07B – 1.19B
+13.9% YoY
1.25B
1.19B – 1.38B
+12.9% YoY
1.43B
1.37B – 1.55B
+14.0% YoY
1.78B
1.71B – 1.93B
+24.5% YoY
Net Income
640.10M
est: 623.86M (+2.6%)
856.40M
est: 724.01M (+18.3%)
551.20M
est: 803.19M (-31.4%)
300.00M
est: 460.32M (-34.8%)
175.60M
est: 583.72M (-69.9%)
262.80M
est: 657.71M (-60.0%)
-547.40M
est: -555.10M (+1.4%)
-358.50M
est: -246.24M (-45.6%)
52.90M
23.00M – 82.80M
+121.5% YoY
1.07B
335.79M – 1.14B
+1,918.3% YoY
2.29B
1.62B – 2.95B
+114.3% YoY
1.64B
1.51B – 1.77B
-28.5% YoY
3.14B
2.98B – 3.50B
+92.0% YoY
SGA
184.30M
est: 198.95M (-7.4%)
156.40M
est: 6.25B (-97.5%)
229.50M
est: 5.81B (-96.0%)
220.90M
est: 5.60B (-96.1%)
56.10M
est: 7.10B (-99.2%)
416.60M
est: 8.00B (-94.8%)
461.90M
est: 328.04M (+40.8%)
273.50M
est: 361.09M (-24.3%)
415.73M
409.65M – 425.72M
+15.1% YoY
473.47M
459.05M – 507.24M
+13.9% YoY
534.39M
508.87M – 588.13M
+12.9% YoY
609.41M
585.26M – 662.31M
+14.0% YoY
758.50M
728.45M – 824.34M
+24.5% YoY
EPS
9.13
est: 8.65 (+5.6%)
12.02
est: 11.06 (+8.6%)
7.71
est: 8.27 (-6.8%)
4.19
est: 4.91 (-14.6%)
2.45
est: 4.85 (-49.5%)
3.65
est: 3.48 (+5.0%)
-7.60
est: -7.70 (+1.2%)
-4.97
est: -3.31 (-50.1%)
0.73
0.32 – 1.15
+122.1% YoY
10.80
4.66 – 15.83
+1,372.7% YoY
31.02
22.47 – 40.96
+187.2% YoY
22.00
20.87 – 24.48
-29.1% YoY
43.54
41.30 – 48.45
+97.9% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-04-24 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
700.28M
OE per share TTM
9.41
Owner's Yield
1.74%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
11.5%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 1 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 State Street SPDR S&P Emerging Markets Small Cap ETF EWX 0.01% 90.0K 0.65%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
289.3K
Shares Outstanding
99.22M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Hemant Sikka MD, Chief Executive Officer & Director male
Hrishikesh Chitnis Head of Legal male
Isha Dalal Chief Financial Officer female
Jignesh Parikh Company Secretary & Compliance Officer male
Mansi Nagri Head of Marketing, Communications & Sales Excellence female
Mukund Krishnamurthy Head & Vice President of Auto and Farm Business male
Rajesh Shetty Head of Operations Excellence male
Sajit Siddharthan Head of Ecommerce Business male
Sanjay Gawde Head - Human Resource and Administration male
Sreenivas Pamidimukkala Chief Information Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits