Mahindra Logistics Limited provides third party logistic services in India and internationally.
Excellent balance sheet with reasonable growth potential.
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: MAHLOG's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MAHLOG underperformed the Indian Logistics industry which returned -46.2% over the past year.
Return vs Market: MAHLOG underperformed the Indian Market which returned -30.7% over the past year.
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
2 weeks ago | Simply Wall StWhat Is Mahindra Logistics's (NSE:MAHLOG) P/E Ratio After Its Share Price Tanked?
3 weeks ago | Simply Wall StThose Who Purchased Mahindra Logistics (NSE:MAHLOG) Shares A Year Ago Have A 37% Loss To Show For It
1 month ago | Simply Wall StDon't Ignore The Fact That This Insider Just Sold Some Shares In Mahindra Logistics Limited (NSE:MAHLOG)
Is Mahindra Logistics undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MAHLOG (₹218.45) is trading above our estimate of fair value (₹171.74)
Significantly Below Fair Value: MAHLOG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MAHLOG is poor value based on its PE Ratio (22.6x) compared to the Logistics industry average (9.9x).
PE vs Market: MAHLOG is poor value based on its PE Ratio (22.6x) compared to the Indian market (9.4x).
Price to Earnings Growth Ratio
PEG Ratio: MAHLOG is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: MAHLOG is overvalued based on its PB Ratio (3.1x) compared to the IN Logistics industry average (0.7x).
How is Mahindra Logistics forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MAHLOG's forecast earnings growth (27.9% per year) is above the savings rate (6.5%).
Earnings vs Market: MAHLOG's earnings (27.9% per year) are forecast to grow faster than the Indian market (19.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MAHLOG's revenue (12.9% per year) is forecast to grow faster than the Indian market (8.8% per year).
High Growth Revenue: MAHLOG's revenue (12.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MAHLOG's Return on Equity is forecast to be low in 3 years time (16.7%).
How has Mahindra Logistics performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MAHLOG has high quality earnings.
Growing Profit Margin: MAHLOG's current net profit margins (1.9%) are lower than last year (2.2%).
Past Earnings Growth Analysis
Earnings Trend: MAHLOG's earnings have grown by 17% per year over the past 5 years.
Accelerating Growth: MAHLOG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MAHLOG had negative earnings growth (-16.6%) over the past year, making it difficult to compare to the Logistics industry average (-1.9%).
Return on Equity
High ROE: MAHLOG's Return on Equity (13.4%) is considered low.
How is Mahindra Logistics's financial position?
Financial Position Analysis
Short Term Liabilities: MAHLOG's short term assets (₹9.7B) exceed its short term liabilities (₹7.1B).
Long Term Liabilities: MAHLOG's short term assets (₹9.7B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: MAHLOG's debt to equity ratio (27.1%) is considered satisfactory.
Reducing Debt: MAHLOG's debt to equity ratio has increased from 1.3% to 27.1% over the past 5 years.
Debt Coverage: MAHLOG's debt is well covered by operating cash flow (104.1%).
Interest Coverage: MAHLOG's interest payments on its debt are well covered by EBIT (11.2x coverage).
Inventory Level: MAHLOG has a low level of unsold assets or inventory.
Debt Coverage by Assets: MAHLOG's debt is covered by short term assets (assets are 7x debt).
What is Mahindra Logistics's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MAHLOG's dividend (0.82%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.95%).
High Dividend: MAHLOG's dividend (0.82%) is low compared to the top 25% of dividend payers in the Indian market (4.06%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, MAHLOG has been paying a dividend for less than 10 years.
Growing Dividend: MAHLOG's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (18.7%), MAHLOG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MAHLOG's dividends in 3 years are forecast to be well covered by earnings (26.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rampraveen Swaminathan (44yo)
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 ...
|CFO & Compliance Officer||1.58yrs||no data||0.0049% ₹765.2k|
|Company Secretary||3.75yrs||no data||no data|
|MD, CEO & Additional Director||0.50yr||no data||no data|
|CEO of Lords Freight Limited & COO of Transportation & Procurement||4.67yrs||₹10.78m||0.21% ₹32.3m|
|Head of Sales & Marketing||no data||no data||no data|
|VP & Head of Human Resource||no data||₹5.59m||0.067% ₹10.5m|
|Senior General Manager||4.42yrs||₹2.51m||0.043% ₹6.7m|
|Head of M&M Business||no data||no data||no data|
|Head of Enterprise Mobility||no data||no data||0.015% ₹2.3m|
|Head of E-commerce||no data||no data||no data|
Experienced Management: MAHLOG's management team is considered experienced (3.8 years average tenure).
|MD, CEO & Additional Director||0.50yr||no data||no data|
|Non-Executive Independent Director||2.75yrs||₹1.10m||no data|
|Non-Executive Independent Director||2.75yrs||₹1.30m||no data|
|Non-Executive Non-Independent Director||0.92yr||no data||no data|
|Chairman of the Board||0.083yr||no data||no data|
|Non-Executive Independent Director||1.83yrs||₹900.00k||no data|
|Non-Executive Director||11yrs||no data||no data|
|Non-Executive Independent Director||5.08yrs||₹1.30m||no data|
Experienced Board: MAHLOG's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MAHLOG insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Mahindra Logistics Limited's company bio, employee growth, exchange listings and data sources
- Name: Mahindra Logistics Limited
- Ticker: MAHLOG
- Exchange: NSEI
- Founded: 2000
- Industry: Air Freight and Logistics
- Sector: Transportation
- Market Cap: ₹15.616b
- Shares outstanding: 71.48m
- Website: https://www.mahindralogistics.com
Number of Employees
- Mahindra Logistics Limited
- Techniplex 1, Techniplex Complex
- 1A & 1B, 4th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MAHLOG||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Nov 2017|
|540768||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Nov 2017|
Mahindra Logistics Limited provides third party logistic services in India and internationally. It operates through two segments, Supply Chain Management (SCM) and People Transport Solutions (PTS). The SCM segment offers customized and end-to-end logistics solutions and services, including transportation and distribution, warehousing, in-factory logistics, and value added services. The segment serves domestic and multinational companies operating in various industry verticals, including automotive, engineering, consumer goods, pharmaceuticals, e-commerce, and bulk. The PTS segment provides technology-enabled people transportation solutions and services for domestic and multinational companies operating in the information technology, information technology-enabled service, business process outsourcing, financial services, consulting, and manufacturing industries. The company also provides freight forwarding services for exports and imports, customs brokerage operations, project cargo services, and charters. Mahindra Logistics Limited was founded in 2000 and is headquartered in Mumbai, India. Mahindra Logistics Limited is a subsidiary of Mahindra & Mahindra Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/04 14:08|
|End of Day Share Price||2020/04/03 00:00|
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.