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Earnings Call

Mahindra Logistics Earnings Call: Key Takeaways

Mahindra Logistics reported FY26 revenue of ₹6,999.3 Cr, up 15% YoY, with EBITDA reaching ₹376.5 Cr. Strategy focuses on Express business turnaround and M&M business growth.

Highlights
Revenue growth15% YoY for FY26; 14% YoY for Q4FY26.
MarginsGM expanded to 10.0% in FY26; Express GM hit inflection at 2.3%.
Demand visibilityStrong presence in growing e-commerce and quick commerce sectors.
Management confidenceHigh: transformation journey embedded; Express turnaround gaining traction.

Growth

FY26 Revenue grew 15% to ₹6,999.3 Cr; PAT turned positive at ₹8.2 Cr vs ₹35.8 Cr loss YoY.

Outlook

Goal to be India's #1 logistics provider; focus on volumetric segments, automation, and AI deployment.

Risks

Express segment still reporting EBITDA losses; impact of new labor codes (₹5.9 Cr statutory impact).

Source

Earnings Call filed with NSE, NSE: MAHLOG. Summary written with AI assistance from the document.

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Mahindra Logistics Ltd: key numbers

Share price
₹421.80
Market cap
₹4,188 Cr
Revenue (annual)
₹6,999 Cr
Net profit (annual)
₹2.29 Cr
P/E (TTM)
108.8×Sector 31.4×
Promoter holding
59.58%+0.00% QoQ
FII holding
4.09%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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22:26 IST NSE
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Mahindra Logistics Other Announcement

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16:36 IST NSE
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ICRA Limited has reaffirmed the credit ratings for Mahindra Logistics Limited's fund-based/non-fund-based facilities and commercial paper, totaling Rs. 450 Crore.

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₹450.0 Cr
15:24 IST NSE
Employee Stock Options

Mahindra Logistics Employee Stock Options

Mahindra Logistics Limited allotted 54,919 equity shares under its 2018 ESOP Plan. The company received Rs. 0.05 Crore in share application money at Rs. 10 per share.

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₹0.05 Cr
15:05 IST NSE
Employee Stock Options

Mahindra Logistics Employee Stock Options

Mahindra Logistics Limited allotted 54,919 equity shares following the exercise of Restricted Stock Units (RSUs). This increases the company's total paid-up share capital to Rs. 99.28 Crore.

18:48 IST BSE
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Mahindra Logistics Other Announcement

Mahindra Logistics received an independent ESG rating of 'CRISIL ESG 66' (category 'Strong') from CRISIL. The company did not engage CRISIL for this rating.