Is Mahindra Logistics a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Mahindra Logistics Ltd is a good quality company .

Is Mahindra Logistics undervalued or overvalued?

The key valuation ratios of Mahindra Logistics Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone .

What is Mahindra Logistics share price return in the past 10 years?

Data is not available for this company

Is Mahindra Logistics a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Mahindra Logistics Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Mahindra Logistics Ltd - Stock Valuation and Financial Performance

Name: Mahindra Logistics
Brand: Mahindra Logistics

BSE: 540768 | NSE: MAHLOG | Logistics | Small Cap

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Mahindra Logistics Share Price

₹391.10 -11.50 -2.86%
as on 21-Nov'24 16:00

10 Year X-Ray of Mahindra Logistics:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	31.8%	20.2%	20.8%	25.5%	28.4%	18.2%	9%	10.3%	18%	16.9%	-
Value Creation Index ⓘ	1.3	0.4	0.5	0.8	1.0	0.3	-0.4	-0.3	0.3	0.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	1,917	1,995	2,589	3,220	3,666	3,261	2,959	3,631	4,459	4,530	4,736
Sales YoY Gr.	-	4.1%	29.8%	24.4%	13.8%	-11%	-9.3%	22.7%	22.8%	1.6%	-
Adj EPS ⓘ	6.7	6.1	6.5	8.8	11.9	7.7	3.8	3.4	8.7	8.7	5.4
YoY Gr.	-	-9.6%	6.1%	35.5%	35.7%	-34.9%	-51.1%	-9.8%	156%	-0.7%	-
BVPS (₹) ⓘ	37.7	43.9	51.3	58.9	69	74.2	76.9	78.6	86.3	92.8	93.4
Adj Net Profit ⓘ	41.3	37.3	44.9	62.2	84.8	55.3	27.1	24.5	62.8	62.4	39
Cash Flow from Ops. ⓘ	32	-53	-34	2.5	91.9	80.4	281	204	146	249	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0	1	0.3	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	10%	4.3%	15.3%	1.6%
Adj EPS ⓘ	2.8%	-6.1%	31.9%	-0.7%
BVPSⓘ	10.5%	6.1%	6.5%	7.6%
Share Price	-	-0.2%	-19.3%	6.2%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	21.1	13.1	13.8	16.2	18.5	10.6	4.9	4.3	10.4	9.6	5.8
Op. Profit Mgn % ⓘ	2.9	2.6	2.6	3.2	3.8	4.5	4.1	4.9	6.1	6.4	5.8
Net Profit Mgn % ⓘ	2.2	1.9	1.7	1.9	2.3	1.7	0.9	0.7	1.4	1.4	0.8
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0.2	0.1	0
Working Cap Days ⓘ	50	57	68	76	80	102	115	98	87	92	40
Cash Conv. Cycle ⓘ	-8	-2	-1	-1	-7	-14	-29	-41	-40	-40	-6

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 15.25%

Return on Equity has declined versus last 3 years average to 5.80%

Sales growth is not so good in last 4 quarters at 8.22%

Latest Financials - Mahindra Logistics Ltd.

	Standalone	Consolidated
TTM EPS (₹)	5.4	-7
TTM Sales (₹ Cr.)	4,736	5,789
BVPS (₹.) ⓘ	93.4	62.7
Reserves (₹ Cr.) ⓘ	601	379
P/BV ⓘ	4.31	6.43
PE ⓘ	74.13	0.00

From the Market
52 Week Low / High (₹)	356.05 / 554.05
All Time Low / High (₹)	199.00 / 819.15
Market Cap (₹ Cr.)	2,901
Equity (₹ Cr.)	72.1
Face Value (₹)	10
Industry PE ⓘ	41.3

Management X-Ray of Mahindra Logistics:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Mahindra Logistics

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Mahindra Logistics

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	1,917	1,995	2,589	3,220	3,666	3,261	2,959	3,631	4,459	4,530
Operating Expenses ⓘ	1,861	1,944	2,521	3,116	3,528	3,113	2,838	3,452	4,186	4,242
Manufacturing Costs	1,631	1,733	2,235	2,784	3,158	2,729	2,459	3,031	3,748	3,809
Material Costs	34	0	0	0	0	0	0	9	7	0
Employee Cost	118	145	182	219	251	291	280	282	289	285
Other Costs ⓘ	79	66	103	113	119	93	98	129	142	147
Operating Profit ⓘ	56	51	68	104	138	148	121	179	273	288
Operating Profit Margin (%)	2.9%	2.6%	2.6%	3.2%	3.8%	4.5%	4.1%	4.9%	6.1%	6.4%
Other Income ⓘ	12	13	9	7	7	13	16	10	16	17
Interest ⓘ	0	0	0	0	0	14	17	26	41	44
Depreciation ⓘ	6	7	9	13	15	66	83	130	169	178
Exceptional Items ⓘ	0	0	0	0	0	0	-4	0	3	2
Profit Before Tax ⓘ	62	57	68	97	130	81	33	33	80	86
Tax ⓘ	21	20	23	35	46	26	9	8	16	24
Profit After Tax	41	37	45	62	84	55	24	24	65	62
PAT Margin (%)	2.1%	1.9%	1.7%	1.9%	2.3%	1.7%	0.8%	0.7%	1.4%	1.4%
Adjusted EPS (₹)	6.9	6.2	6.6	8.7	11.8	7.7	3.4	3.4	9.0	8.6
Dividend Payout Ratio (%)	0%	0%	0%	17%	15%	19%	75%	59%	28%	29%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	266	304	349	419	493	531	551	565	621	669
Share Capital ⓘ	101	101	68	71	71	72	72	72	72	72
Reserves ⓘ	166	203	281	348	422	459	480	493	549	597
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	0	0	0	0	0	0	0	0	150	82
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	150	82
Trade Payables	213	215	390	456	574	571	719	836	893	933
Others Liabilities ⓘ	20	26	19	24	37	210	297	427	471	416
Total Liabilities ⓘ	499	545	758	899	1,103	1,312	1,567	1,827	2,135	2,100
Fixed Assets
Gross Block	49	46	61	76	100	324	520	755	904	962
Accumulated Depreciation	29	25	33	44	56	114	174	281	353	433
Net Fixed Assetsⓘ	20	21	28	31	44	210	346	474	551	529
CWIP ⓘ	0	0	1	1	3	15	3	14	4	0
Investmentsⓘ	120	78	70	63	99	21	76	137	260	332
Inventories	3	0	0	0	0	0	0	1	0	0
Trade Receivables	188	235	400	488	481	476	408	406	451	509
Cash Equivalents	97	83	49	65	70	99	197	131	115	15
Others Assetsⓘ	70	127	209	252	407	490	537	664	754	714
Total Assets ⓘ	499	545	758	899	1,103	1,312	1,567	1,827	2,135	2,100

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	32	-53	-34	2	92	80	281	204	146	249
PBT ⓘ	62	57	68	97	130	81	33	33	80	86
Adjustment ⓘ	-2	-4	7	17	18	91	109	159	214	240
Changes in Working Capital ⓘ	-14	-69	-56	-46	-17	-57	89	69	-80	-72
Tax Paid ⓘ	-14	-37	-53	-66	-39	-34	51	-56	-69	-4
Cash Flow From Investing Activity ⓘ	-123	38	1	8	-92	35	-105	-150	-148	-103
Capex	-10	-8	-15	-29	-32	-62	-66	-91	-62	-55
Net Investments	-120	36	11	9	-44	94	-55	-60	16	66
Others ⓘ	7	10	6	28	-16	3	16	1	-102	-114
Cash Flow From Financing Activityⓘ	101	0	0	6	-10	-71	-77	-121	-14	-245
Net Proceeds from Shares ⓘ	101	0	0	6	3	0	0	1	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	0	0	0	0	0	0	-1	0	-8	-9
Dividend Paid ⓘ	0	0	0	0	-13	-16	-11	-18	-14	-18
Others ⓘ	0	0	0	0	0	-56	-65	-103	8	-218
Net Cash Flow ⓘ	10	-15	-33	16	-11	44	98	-66	-16	-99

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	23.48	15.28	14.65	16.2	18.52	10.77	4.44	4.38	10.88	9.61
ROCE (%)	31.79	20.16	20.82	25.45	28.44	18.22	8.96	10.3	18.02	16.89
Asset Turnover Ratio	4.42	3.82	3.98	3.89	3.71	2.7	2.06	2.14	2.3	2.2
PAT to CFO Conversion(x)	0.78	-1.43	-0.76	0.03	1.1	1.45	11.71	8.5	2.25	4.02
Working Capital Days
Receivable Days	33	39	45	50	48	54	55	41	34	38
Inventory Days	0	0	0	0	0	0	0	0	0	0
Payable Days	2,189	0	0	0	0	0	0	0	0	0

Mahindra Logistics Ltd Stock News

Mahindra Logistics Ltd FAQs

What is the share price of Mahindra Logistics?

Company share prices are keep on changing according to the market conditions. The closing price of Mahindra Logistics on 21-Nov-2024 16:00 is ₹391.1.

What is the market cap of Mahindra Logistics?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:00 the market cap of Mahindra Logistics stood at ₹2,900.8.

What is the P/E ratio of Mahindra Logistics?

The latest P/E ratio of Mahindra Logistics as of 21-Nov-2024 16:00 is 74.13.

What is the P/B ratio of Mahindra Logistics?

The latest P/B ratio of Mahindra Logistics as of 21-Nov-2024 16:00 is 4.31.

What is the 52-week high and low of Mahindra Logistics?

The 52-week high of Mahindra Logistics is ₹554.0 and the 52-week low is ₹356.1.

What is the TTM revenue of Mahindra Logistics?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mahindra Logistics is ₹4,736 ( Cr.) .

About Mahindra Logistics Ltd

Mahindra Logistics Limited is a public limited company incorporated on August 24, 2007 under the Companies Act, 1956. Mahindra Logistics Limited is a leading third party logistic (3PL) solutions provider in India with a strong presence across the country. The Company operates in two distinct business segments - Supply Chain Management (SCM) and People Transport Solutions (PTS).

Mahindra Logistics has many customers from diverse industry verticals such as Automotive, Engineering, Consumer Goods, Pharmaceuticals, E-commerce, Bulk for its SCM business. And has customers from IT, ITeS, Manufacturing, Banking, Financial services and Insurance and Consulting businesses for its PTS business. The Company has an asset-light business model with a focus on technology and emphasis on customer-centricity. The Company's competitive advantage is in developing and implementing customised, technology-enabled logistics solutions that offer scalability and flexibility. The Company works closely with its customers to understand their requirements and provide solutions accordingly, thereby becoming their true partners.

Business area of the company

Mahindra logistics is one of the few logistics providers which offers solutions in two distinct business segments - Supply Chain Management (SCM) and Enterprise Mobility. The company offer supply chain solutions to diverse industry verticals such as automotive, engineering, consumer goods, pharmaceuticals, telecom and e-commerce and also offer integrated employee transportation solutions to enterprise across IT, ITeS, manufacturing, banking, financial services and insurance, and consulting businesses.

Products and services

Supply Chain Management

Warehouse
Transportation
In-Factory Logistics
Freight Forwarding
Contract Manufacturing
Value Added Service

Industries

Auto & Engineering
Consumer Products
Pharmaceutical
Telecommunication
E-Commerce
Commodities

Enterprise Mobility

Technology

Awards

2013

Best 3PL company of the year award- Mahindra Logistics has been awarded as the ‘Best 3PL Company of the Year’ - 2013 at the 7th Annual Express, Logistics & Supply Chain (ELSC) Awards held in Mumbai on 26th September 2013. ELSC conclave is one of Asia’s leading annual events attracting 450 plus senior supply chain and logistics professionals who gather to hear from industry experts.

2014

3PL Company of the Year - Automotive Award 2014- The ELSC Awards evaluates and identifies excellence in supply chain management, third party logistics and various supporting segments. This award re-emphasizes MLL’s strong focus on Automotive Logistics.
Porter Prize 2014 For ‘Leveraging Unique Activities’- Porter Prize 2014 for “Leveraging Unique Activities” by Porter Prize 2014 at the Conference on Competitiveness and Porter Prize, New Delhi

2015

Best Warehousing Practices Award- MLL has won the ‘Best Warehousing Practices Award’ for its innovative techniques & practices at its MSB Bhivandi warehouse. This recognition was received at the IIMM (Indian Institute of Materials Management) Awards on December 19, 2015 at Mumbai. Some of the best practices which won MLL this award include use of automated packaging machines, power back up 320 KVA generator set, fire hydrant in rack sprinkler system, beam detectors, etc as well as the end-to-end warehouse functions that MLL handles.
Manufacturing Supply Chain Provider Of The Year - Engineering Award- Manufacturing Supply Chain Provider of the Year - Engineering” award by 4th Asia Manufacturing Supply Chain Awards 2015.
Six PRCI Corporate Collateral Awards 2015- Six PRCI Corporate Collateral Awards 2015 by Public Relations Council of India (PRCI).

2016

3PL Company of the Year Award- 3PL Company of the Year award by Logistics Asia Awards, 2016
3PL Company of the Year by Global Logistics Excellence Awards

2017

3PL Achiever of the Year- 3PL Achiever of the Year” award for 2017 by Global Logistics Excellence Awards
CII Supply Chain And Logistics Excellence (Scale) Awards- CII Supply Chain and Logistics Excellence (SCALE) 2017 award in the 3PL category by Confederation of Indian Industry (CII) through its Institute of Logistics

2018

CII Supply Chain and Logistics Excellence (Scale) Award 2018- CII Supply Chain and Logistics Excellence (SCALE)” 2018 award in the 3PL category by Confederation of Indian Industry (CII) through its Institute of Logistics

2019

CSR Leadership Award 2019- CSR leadership award in best practice in logistics by Economics Times Now & World CSR Congress.
CII Supply Chain and Logistics Excellence (Scale) Award 2019- CII Supply Chain and Logistics Excellence (SCALE) 2019 award in the 3PL category by Confederation of Indian Industry (CII) through its Institute of Logistics

2020

Brand Excellence Award- Award for brand excellence in supply chain and logistics sector at Star of Industry Awards by Economics Times Now.

Major events and milestones

2000: Logistics Business was set up as a separate division of Mahindra & Mahindra Limited.
2009: Logistics Business of Mahindra & Mahindra Limited was transferred to the company.
2011: Achieved Rs 10,000 million of revenue from operations.
2014: Investment by Normandy and Kedaara AIF in the company.
2014: Entered e-commerce sector by starting operations for one of India’s leading ecommerce companies.
2015: Appointed a reputed strategic consultancy firm to help with a business transformation exercise.
2015: Acquisition of Lords by the company.
2015: Entered into a joint venture with IVC to form 2X2 Logistics.
2016: Entered into business contract with one of the largest steel producers in India.
2017: Achieved Rs 25,000 million of revenue from operations.
2018: Mahindra Logistics opens its largest multi-user facility.
2019: Mahindra Logistics strengthens its partnership with the Volkswagen Group India.
2020: Mahindra Logistics adds 7.5 lakh sq ft warehousing capacity in Hyderabad, Chennai.
2020: Mahindra Logistics partners with 1Bridge.
2021: Mahindra Logistics launches ‘EDel’.