Mahindra Logistics financials

Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹2,095cr+24.3% on Q2 FY26
Net profit
₹28.9cr−₹8.4 cr in Q2 FY26
EBITDA margin
5.9%+0.9 pts on Q2 FY26
EPS
₹2.64−₹1.20 in Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue2,0951,685+24.3%
EBITDA12485.1+45.7%
EBITDA margin5.9%5.1%+0.9 pts
Profit before tax40.4−5.4—
Net profit28.9−8.4—
EPS₹2.64−₹1.20—

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹2,095 crNet profit₹28.9 crNet margin1.4%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
3,622————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
30423085.730.3193
29.524.516.411.8−1.4
43.743.7424339401
3,391————
7,7886,9996,1055,5065,128
—+14.7%+10.9%+7.4%—
455376284229260
5.8%5.4%4.7%4.2%5.1%
16498.657.720.170.3
85.110.6−30.0−53.124.6
1.1%0.2%−0.5%−1.0%0.5%
₹7.57₹0.23−₹3.61−₹5.52₹2.65
—+106.4%+34.5%−308.3%—
—254343227119
—−139−181−70.9−71.0
11511516215648.4
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

MAHLOG₹365.00

Mahindra Logistics Limited

· Consumer Services
₹ CrorePeersVRLLOGGATEWAYTVSSCSTCITCIEXPALLCARGONAVKARCORPMcap ₹3,622 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————3,621.5
- Cash, Equiv & ST Investments193.430.385.7230.2304.1
+ Minority Interest-1.411.816.424.529.5
+ Total Debt401.4338.6424.243.743.7
Enterprise Value————3,390.6
Revenue5,128.35,506.06,104.86,999.37,787.8
Growth %, YoY—+7.4+10.9+14.7—
EBITDA259.8229.0284.1376.5454.5
Margin %5.074.164.655.385.84
EBIT70.320.157.798.6164.1
Net Income24.6-53.1-30.010.685.1
Margin %0.48-0.96-0.490.151.09
EPS, Adj (current shares)2.65-5.52-3.610.237.57
Growth %, YoY—-308.3+34.5+106.4—
Cash from Operations119.4226.9343.2253.6—
Capital Expenditures-71.0-70.9-180.9-139.0—
Free Cash Flow48.4155.9162.3114.6114.6
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Mahindra Logistics financials and key ratios

Prices at the previous close · figures from the company's filings with NSE

Mahindra Logistics (NSE: MAHLOG) had a market capitalisation of ₹3,624 crore at the previous close (₹365.00 a share), a PE ratio of 48.3 on the last four quarters' profit and a price-to-book ratio of 3.01. In FY26 its consolidated net profit attributable to shareholders was ₹2.3 crore on revenue of ₹6,999 crore; in Q2 FY27 (July–September 2026) it was ₹26.3 crore. Its debt-to-equity ratio was 0.04 on 30 September 2026. Promoters held 59.54% of the shares on 30 September 2026.

Share price used
₹365.00 · previous close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026

Mahindra Logistics at a glance · consolidated

Market cap
₹3,624 Crat ₹365.00 · previous close
PE ratio (last 4 quarters)
48.31,582.4 on FY26 profit
Price to book (PB)
3.01book value ₹121.36 a share
ROE (FY26)
0.3%+8.0 pts vs FY25ROCE 6.8%
Debt to equity
0.04net cash ₹308 Cr
Promoter holding
59.54%unchanged vs 30 Jun 202630 September 2026
Dividend yield
0.68%₹2.50 a share in 12 months
Net worth
₹1,205 Cr+5.2% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
₹115 Cr−29.4% vs FY25

Questions

What is the Mahindra Logistics PE ratio today?

Mahindra Logistics' PE ratio is 48.3 at the previous close (₹365.00 a share): a market capitalisation of ₹3,624 crore divided by consolidated net profit attributable to shareholders of ₹75.1 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit attributable to shareholders (₹2.3 crore) it is 1,582.4.

What is the Mahindra Logistics PB ratio (price to book value)?

Mahindra Logistics' price-to-book (PB) ratio is 3.01 at the previous close: a market capitalisation of ₹3,624 crore divided by shareholders' equity (book value) of ₹1,205 crore on 30 September 2026. That is a book value of ₹121.36 per share against a share price of ₹365.00.

What is the Mahindra Logistics book value per share?

Mahindra Logistics' book value per share was ₹121.36 on 30 September 2026: shareholders' equity of ₹1,205 crore divided by the 9.93 crore shares in issue, up 5.1% from ₹115.48 a year earlier. The share price at the previous close was ₹365.00.

What is the Mahindra Logistics market cap?

Mahindra Logistics' market capitalisation was ₹3,624 crore at the previous close: 9.93 crore shares at ₹365.00 each.

What is the Mahindra Logistics EPS?

Mahindra Logistics' basic earnings per share (EPS) were ₹0.25 in FY26. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹7.57.

What is the Mahindra Logistics dividend in 2026 and its record date?

In 2026, Mahindra Logistics has declared one dividend: ₹2.50 with record date 10 July 2026.

Is Mahindra Logistics debt free?

No. Mahindra Logistics had borrowings of ₹55.3 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.04. Its cash and current investments were ₹363 crore, so it held net cash of ₹308 crore.

What is the Mahindra Logistics debt to equity ratio?

Mahindra Logistics' debt-to-equity ratio was 0.04 on 30 September 2026: borrowings of ₹55.3 crore against total equity of ₹1,234 crore. A year earlier, on 30 September 2025, it was 0.06.

What is the Mahindra Logistics net worth?

Mahindra Logistics' net worth — shareholders' equity in its consolidated balance sheet — was ₹1,205 crore on 30 September 2026, up 5.2% from ₹1,145 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹3,624 crore at the previous close.

What is the Mahindra Logistics ROE and ROCE?

In FY26, Mahindra Logistics' return on equity (ROE) was 0.3% and its return on capital employed (ROCE) was 6.8%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was −7.7% and ROCE 5.2%.

What is the Mahindra Logistics promoter holding?

Promoters held 59.54% of Mahindra Logistics on 30 September 2026, down 0.04 percentage points from 59.58% the previous quarter and down 0.06 percentage points from 59.60% a year earlier, according to the shareholding pattern filed with NSE.

What is the Mahindra Logistics shareholding pattern?

On 30 September 2026, Mahindra Logistics' shares were held by promoters 59.54%, foreign portfolio investors (FII/FPI) 5.33%, domestic institutions (DII) 13.79% (including mutual funds at 10.92%) and retail and other non-institutional investors 21.34%. Over the year, FII holding was up 1.47 percentage points from 3.86% and DII holding was up 0.14 percentage points from 13.65%.

What is the Mahindra Logistics dividend yield?

Mahindra Logistics' dividend yield is 0.68% at the previous close: dividends of ₹2.50 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹365.00. They were ₹2.50 on 10 July 2026.

What is the Mahindra Logistics free cash flow?

In FY26, Mahindra Logistics generated ₹254 crore of cash from operations and spent ₹139 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹115 crore. In FY25 it was ₹162 crore.

When are the Mahindra Logistics next results?

Mahindra Logistics has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

What are the Mahindra Logistics latest quarterly results?

Mahindra Logistics' latest results are for Q2 FY27 (July–September 2026), filed on 23 October 2026: consolidated net profit attributable to shareholders ₹26.3 crore, against a loss of ₹10.4 crore in Q2 FY26; revenue from operations ₹2,095 crore, up 24.3% year on year.

What is the Mahindra Logistics revenue and profit in FY26?

In FY26 (April 2025–March 2026), Mahindra Logistics' consolidated net profit attributable to shareholders was ₹2.3 crore, against a loss of ₹35.9 crore in FY25, on revenue from operations of ₹6,999 crore (up 14.7%). Over three years, from FY23, net profit was down 91.3%.

Mahindra Logistics vs VRL Logistics: how do they compare?

In FY26, Mahindra Logistics earned net profit attributable to shareholders of ₹2.3 crore on revenue of ₹6,999 crore, against ₹237 crore on ₹3,221 crore for VRL Logistics. Mahindra Logistics' operating margin was 1.4% (VRL Logistics 12.1%) and its return on equity 0.3% (VRL Logistics 21.3%).

How does Mahindra Logistics compare with its peers?

On FY26 consolidated figures, against VRL Logistics, Gateway Distriparks and TVS Supply Chain Solutions: Mahindra Logistics' operating margin of 1.4% is the lowest of the four (VRL Logistics 12.1%, Gateway Distriparks 14.8%, TVS Supply Chain Solutions 1.9%; peer average 9.6%); its return on equity of 0.3% is the lowest of the four (VRL Logistics 21.3%, Gateway Distriparks 11.4%, TVS Supply Chain Solutions 6.0%; peer average 12.9%).

Where do these Mahindra Logistics figures come from?

From Mahindra Logistics' own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.