Mahindra Logistics Ltd Share Price ₹338

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Mahindra Logistics Ltd

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	1,273	1,293	1,365	1,397	1,451	1,420	1,521	1,594	1,570	1,625	1,685	1,898	1,791
Expenses +	1,209	1,227	1,311	1,345	1,394	1,354	1,455	1,521	1,492	1,548	1,600	1,795	1,679
Operating Profit	64	67	54	52	57	66	66	74	78	76	85	103	112
OPM %	5%	5%	4%	4%	4%	5%	4%	5%	5%	5%	5%	5%	6%
Other Income +	4	6	7	6	3	6	2	6	2	5	3	-2	4
Interest	17	18	17	16	17	19	19	22	21	23	22	17	14
Depreciation	55	54	52	51	51	55	54	59	58	65	72	72	70
Profit before tax	-5	1	-8	-10	-9	-2	-5	-1	1	-6	-5	12	32
Tax %	-104%	1,556%	89%	71%	29%	214%	93%	531%	671%	63%	55%	52%	30%
Net Profit +	-1	-8	-16	-17	-12	-8	-10	-7	-5	-9	-8	6	22
EPS in Rs	-0.08	-0.86	-1.61	-1.76	-1.30	-0.94	-1.08	-0.91	-0.68	-1.09	-1.04	0.33	2.03

Financials of Mahindra Logistics Ltd

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	1,931	2,064	2,667	3,416	3,851	3,471	3,264	4,141	5,128	5,506	6,105	6,999
Expenses +	1,874	2,012	2,590	3,296	3,700	3,313	3,129	3,956	4,868	5,275	5,820	6,623
Operating Profit	57	52	76	120	152	158	135	184	260	231	284	376
OPM %	3%	3%	3%	4%	4%	5%	4%	4%	5%	4%	5%	5%
Other Income +	9	13	10	6	7	14	14	13	16	20	15	10
Interest	0	1	3	4	3	18	20	30	52	68	81	75
Depreciation	6	8	15	20	22	73	90	142	190	209	226	278
Profit before tax	59	56	68	102	133	81	39	26	35	-26	-8	33
Tax %	35%	36%	32%	36%	35%	32%	26%	43%	21%	97%	292%	68%
Net Profit +	39	36	46	65	86	55	29	15	25	-53	-30	11
EPS in Rs	4.71	4.40	4.88	6.54	8.72	5.60	3.05	1.78	2.65	-5.53	-3.61	0.23
Dividend Payout %	0%	0%	0%	17%	15%	19%	60%	82%	68%	-33%	-50%	0%

Financials of Mahindra Logistics Ltd

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	60	60	68	71	71	72	72	72	72	72	72	99
Reserves	205	242	280	348	427	473	496	475	490	420	366	1,076
Borrowings +	4	28	34	26	38	201	269	402	834	739	869	650
Other Liabilities +	250	262	435	540	669	676	849	1,027	1,157	1,245	1,272	1,283
Total Liabilities	519	591	817	986	1,205	1,422	1,687	1,975	2,553	2,477	2,579	3,108
Fixed Assets +	26	50	62	66	71	231	361	501	830	836	930	1,147
CWIP	0	3	1	1	3	15	3	14	4	16	46	24
Investments	110	68	58	50	81	3	55	118	100	6	23	126
Other Assets +	383	471	697	870	1,050	1,173	1,268	1,343	1,620	1,619	1,581	1,811
Total Assets	519	591	817	986	1,205	1,422	1,687	1,975	2,553	2,477	2,579	3,108

Financials of Mahindra Logistics Ltd

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	27	-48	-34	12	95	85	294	191	119	227	343	254
Cash from Investing Activity +	-165	1	-3	0	-95	36	-108	-140	-310	-53	-155	-316
Cash from Financing Activity +	103	18	4	4	-11	-76	-87	-117	183	-276	-148	105
Net Cash Flow	-35	-28	-33	16	-11	45	98	-66	-8	-102	41	42
Free Cash Flow	16	-83	-57	-25	61	24	225	100	57	165	167	118
CFO/OP	73%	-19%	24%	68%	90%	74%	180%	138%	74%	104%	112%	94%

Financials of Mahindra Logistics Ltd

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	38	43	56	56	49	56	54	43	46	47	37	36
Inventory Days
Days Payable
Cash Conversion Cycle	38	43	56	56	49	56	54	43	46	47	37	36
Working Capital Days	3	15	18	15	15	16	4	-11	-17	-12	-4	1
ROCE %	30%	19%	20%	25%	28%	15%	8%	6%	7%	3%	6%	7%