BSE:540768

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Executive Summary

Mahindra Logistics Limited provides third party logistic services in India and internationally. More Details


Snowflake Analysis

Flawless balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has Mahindra Logistics's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 540768 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 540768's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

3.4%

540768

1.9%

IN Logistics

1.2%

IN Market


1 Year Return

-1.1%

540768

22.7%

IN Logistics

10.4%

IN Market

Return vs Industry: 540768 underperformed the Indian Logistics industry which returned 22.7% over the past year.

Return vs Market: 540768 underperformed the Indian Market which returned 10.4% over the past year.


Shareholder returns

540768IndustryMarket
7 Day3.4%1.9%1.2%
30 Day8.4%10.8%12.1%
90 Day12.1%33.4%12.6%
1 Year-0.6%-1.1%23.6%22.7%12.4%10.4%
3 Year-6.8%-7.9%-5.1%-7.5%10.0%4.6%
5 Yearn/a-38.4%-40.5%59.8%47.8%

Long-Term Price Volatility Vs. Market

How volatile is Mahindra Logistics's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Mahindra Logistics undervalued compared to its fair value and its price relative to the market?

113.77x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 540768 (₹395.35) is trading above our estimate of fair value (₹104.48)

Significantly Below Fair Value: 540768 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 540768 is poor value based on its PE Ratio (113.8x) compared to the IN Logistics industry average (27.3x).

PE vs Market: 540768 is poor value based on its PE Ratio (113.8x) compared to the Indian market (17.3x).


Price to Earnings Growth Ratio

PEG Ratio: 540768 is poor value based on its PEG Ratio (1.9x)


Price to Book Ratio

PB vs Industry: 540768 is overvalued based on its PB Ratio (5.3x) compared to the IN Logistics industry average (1.6x).


Next Steps

Future Growth

How is Mahindra Logistics forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

59.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 540768's forecast earnings growth (59.3% per year) is above the savings rate (7.2%).

Earnings vs Market: 540768's earnings (59.3% per year) are forecast to grow faster than the Indian market (24.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 540768's revenue (15.4% per year) is forecast to grow faster than the Indian market (11.5% per year).

High Growth Revenue: 540768's revenue (15.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 540768's Return on Equity is forecast to be low in 3 years time (15.2%).


Next Steps

Past Performance

How has Mahindra Logistics performed over the past 5 years?

0.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 540768 has high quality earnings.

Growing Profit Margin: 540768's current net profit margins (0.8%) are lower than last year (1.9%).


Past Earnings Growth Analysis

Earnings Trend: 540768's earnings have grown by 0.8% per year over the past 5 years.

Accelerating Growth: 540768's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 540768 had negative earnings growth (-66.3%) over the past year, making it difficult to compare to the Logistics industry average (-25.7%).


Return on Equity

High ROE: 540768's Return on Equity (4.3%) is considered low.


Next Steps

Financial Health

How is Mahindra Logistics's financial position?


Financial Position Analysis

Short Term Liabilities: 540768's short term assets (₹11.4B) exceed its short term liabilities (₹8.8B).

Long Term Liabilities: 540768's short term assets (₹11.4B) exceed its long term liabilities (₹1.2B).


Debt to Equity History and Analysis

Debt Level: 540768's debt to equity ratio (5.6%) is considered satisfactory.

Reducing Debt: 540768's debt to equity ratio has reduced from 5.7% to 5.6% over the past 5 years.

Debt Coverage: 540768's debt is well covered by operating cash flow (684.6%).

Interest Coverage: 540768's interest payments on its debt are well covered by EBIT (4x coverage).


Balance Sheet


Next Steps

Dividend

What is Mahindra Logistics's current dividend yield, its reliability and sustainability?

0.38%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 540768's dividend (0.38%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.52%).

High Dividend: 540768's dividend (0.38%) is low compared to the top 25% of dividend payers in the Indian market (2.07%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 540768 has been paying a dividend for less than 10 years.

Growing Dividend: 540768 has only been paying a dividend for 3 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (43.2%), 540768's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 540768's dividends in 3 years are forecast to be well covered by earnings (20.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Rampraveen Swaminathan (45 yo)

1.17yrs

Tenure

₹28,788,000

Compensation

Mr. Rampraveen Swaminathan has been Chief Executive Officer and Managing Director of Mahindra Logistics Limited since October 1, 2019 and February 4, 2020 respectively. Mr. Swaminathan serves as Additional...


CEO Compensation Analysis

Compensation vs Market: Rampraveen's total compensation ($USD391.58K) is about average for companies of similar size in the Indian market ($USD375.38K).

Compensation vs Earnings: Insufficient data to compare Rampraveen's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Rampraveen Swaminathan
MD, CEO & Additional Director1.17yrs₹28.79mno data
Yogesh Patel
CFO & Chief Investor Relations Officer2.25yrs₹16.85m0.015%
₹ 4.2m
Brijbala Batwal
Company Secretary & Compliance Officerno data₹3.00mno data
Huafreed Nasarwanji
Head of Sales & Marketingno datano datano data
Mehernosh Mehta
VP & Head of Human Resourceno data₹5.59m0.075%
₹ 21.4m
Ravi Begur
Senior General Manager5.08yrs₹2.51m0.043%
₹ 12.1m
Sushil Rathi
Chief Operating Officer of Transportation & Procurementno data₹10.78m0.21%
₹ 60.9m
Prasanna Pahade
Head of M&M Businessno datano datano data
Vibhu Manya
Head of Enterprise Mobilityno datano data0.025%
₹ 7.0m
Ankur Singhai
Head of E-commerceno datano datano data
Lovinder Saggu
Head of Automotive Outbound Businessno datano data0.0070%
₹ 2.0m
Vishal Barnabas
Head of Automotive and Engineering (Non-M&M)no datano datano data

2.3yrs

Average Tenure

45.5yo

Average Age

Experienced Management: 540768's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rampraveen Swaminathan
MD, CEO & Additional Director1.17yrs₹28.79mno data
Ranu Vohra
Non-Executive Independent Director3.42yrs₹1.17mno data
Darius Pandole
Non-Executive Independent Director3.42yrs₹1.24mno data
Subramaniam Durgashankar
Non-Executive Non-Independent Director1.58yrsno datano data
Vankipuram Parthasarathy
Chairman of the Board0.75yrno datano data
Malvika Sinha
Non-Executive Independent Director0.42yrno datano data
Avani Davda
Non-Executive Independent Director2.5yrs₹1.11mno data
Parag Shah
Non-Executive Director11.67yrsno datano data
Ajay Mehta
Non-Executive Independent Director5.75yrs₹1.23mno data
Naveen Raju
Additional Non-Independent & Non-Executive Director0.25yrno datano data

2.0yrs

Average Tenure

54yo

Average Age

Experienced Board: 540768's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 540768 insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Mahindra Logistics Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mahindra Logistics Limited
  • Ticker: 540768
  • Exchange: BSE
  • Founded: 2000
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Market Cap: ₹28.420b
  • Shares outstanding: 71.66m
  • Website: https://www.mahindralogistics.com

Number of Employees


Location

  • Mahindra Logistics Limited
  • Techniplex 1, Techniplex Complex
  • 1A & 1B, 4th Floor
  • Mumbai
  • Maharashtra
  • 400062
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MAHLOGNSEI (National Stock Exchange of India)YesEquity SharesININRNov 2017
540768BSE (Mumbai Stock Exchange)YesEquity SharesININRNov 2017

Biography

Mahindra Logistics Limited provides third party logistic services in India and internationally. It operates through two segments, Supply Chain Management (SCM) and Enterprise Mobility Services (EMS). The S...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/02 12:24
End of Day Share Price2020/12/02 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.