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Mahindra Logistics MAHLOG.NS · INR

Industrials · NSE · 🇮🇳 India

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431.70

+2.52%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹69.99bn

FY2017FY2026

Net income

₹22.9m

FY2017FY2026

Free cash flow

₹1.15bn

FY2017FY2026

Shareholders' equity

₹11.75bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹69.99bn₹61.05bn₹55.06bn₹51.28bn₹41.31bn₹32.64bn₹34.71bn₹38.51bn₹34.16bn₹26.67bn
Operating income₹986.0m₹601.6m₹325.0m₹728.3m₹484.7m₹472.0m₹850.5m₹1.31bn₹1.05bn₹678.2m
Net income₹22.9m−₹358.5m−₹547.4m₹262.8m₹175.6m₹300.0m₹551.2m₹856.4m₹640.1m₹455.9m
Diluted earnings per share0.23-3.64-7.583.652.444.247.6411.958.956.39

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹31.08bn₹25.80bn₹24.77bn₹25.53bn₹19.75bn₹16.79bn₹14.22bn₹12.05bn₹9.86bn₹8.17bn
Cash and short-term investments₹3.23bn₹966.1m₹769.1m₹1.93bn₹2.52bn₹2.53bn₹1.10bn₹1.44bn₹1.27bn₹1.70bn
Total liabilities₹19.09bn₹21.26bn₹19.73bn₹19.93bn₹14.29bn₹11.08bn₹8.72bn₹7.01bn₹5.59bn₹4.64bn
Debt₹6.50bn₹8.69bn₹7.39bn₹8.34bn₹4.02bn₹2.69bn₹2.01bn₹377.0m₹346.3m₹343.2m
Shareholders' equity₹11.75bn₹4.38bn₹4.92bn₹5.62bn₹5.46bn₹5.68bn₹5.45bn₹4.98bn₹4.20bn₹3.48bn
Shares outstanding100m98m72m72m72m71m72m72m71m71m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations₹2.54bn₹3.43bn₹2.27bn₹1.19bn₹2.01bn₹2.94bn₹853.8m₹949.5m₹119.4m−₹293.1m
Capital spending−₹1.39bn−₹1.81bn−₹709.4m−₹710.3m−₹1.06bn−₹711.5m−₹624.1m−₹344.8m−₹375.9m−₹243.3m
Free cash flow₹1.15bn₹1.62bn₹1.56bn₹483.7m₹949.8m₹2.23bn₹229.7m₹604.7m−₹256.5m−₹536.3m
Dividends paid−₹180.3m−₹180.1m−₹180.1m−₹143.9m−₹179.4m−₹107.4m−₹155.0m−₹128.6m−₹128.6m−₹128.6m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹20.03bn₹17.91bn₹18.98bn₹16.85bn₹16.25bn₹15.70bn₹15.94bn₹15.21bn
Operating income₹431.1m₹424.6m₹311.0m₹133.6m₹116.8m₹31.4m₹146.8m₹124.2m
Net income₹253.9m₹201.9m₹32.5m−₹103.5m−₹108.0m−₹67.5m−₹90.3m−₹107.5m
Diluted earnings per share2.552.030.33-1.05-1.10-0.69-1.25-1.49
Cash from operations———−₹356.0m—₹3.43bn—₹1.02bn
Capital spending———−₹753.0m—−₹1.81bn—−₹974.0m
Free cash flow———−₹1.11bn—₹1.62bn—₹42.0m
Total assets—₹31.08bn—₹31.28bn—₹25.80bn—₹25.96bn
Cash and short-term investments₹3.23bn₹3.23bn₹2.43bn₹2.43bn₹965.8m₹966.1m₹247.5m₹247.5m
Debt—₹2.20bn—₹6.76bn—₹8.69bn—₹8.36bn
Shareholders' equity₹11.99bn₹11.75bn₹11.65bn₹11.45bn₹4.54bn₹4.38bn₹4.66bn₹4.51bn

Financial ratios

Data as of 20 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Operating margin1.4%1.0%0.6%1.4%1.2%1.4%
Net margin0.0%-0.6%-1.0%0.5%0.4%0.9%
Return on equity0.2%-8.2%-11.1%4.7%3.2%5.3%
Return on assets0.1%-1.4%-2.2%1.0%0.9%1.8%
Free cash flow yield10.0%13.5%10.5%6.7%10.8%13.1%
Revenue growth14.7%10.9%7.4%24.2%26.6%-6.0%
Earnings growth-106.4%-34.5%-308.3%49.7%-41.5%-45.6%
Current ratio1.16x1.02x0.93x0.97x1.11x1.32x
Debt to equity0.19x1.28x0.95x0.94x0.25x0.16x
Equity ratio37.8%17.0%19.9%22.0%27.7%33.8%
Interest coverage1.31x0.74x0.48x1.41x1.64x2.35x
Buybacks as a share of market value-1.1%-36.3%-0.3%-0.1%-1.6%1.8%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue10.9%16.5%13.0%
Operating income10.6%15.9%5.8%
Net income-55.7%-40.2%-24.2%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin1.2%1.1%1.2%1.7%
Net margin-0.3%-0.3%-0.0%0.6%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings—-87.1-50.4105.8204.1161.854.033.557.968.5
Price to sales0.60.50.50.50.91.50.90.71.11.2

Dividends and splits

Per share, in the currency the company pays

Paid for 8 years. Last went ex-dividend on 10 Jul 2026.

FY2027FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Paid in the year2.502.502.502.502.002.501.501.80

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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