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Mahindra Logistics Ltd logo

Mahindra Logistics Ltd

NSE: MAHLOG BSE: 540768

332.80

(-4.61%)

Sat, 04 Apr 2026, 02:18 am

Mahindra Logistics Analysis

dividend

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Pros

  • Dividends paid are well covered by earnings (5.1x coverage).
  • Dividends after 3 years are expected to be well covered by earnings (5.7x coverage).
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Cons

  • Mahindra Logistics has only been paying a dividend for 2 years, and since then there has been no growth.
  • Whilst dividend payments have been stable, Mahindra Logistics has been paying a dividend for less than 10 years.
  • Mahindra Logistics's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.76%).
  • Mahindra Logistics's dividend is below the markets top 25% of dividend payers in India (3.08%).

future

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Pros

  • Cash flow for Mahindra Logistics is expected to increase by more than 50% in 2 years time.
  • Mahindra Logistics's earnings are expected to grow significantly at over 20% yearly.
  • Mahindra Logistics's earnings growth is expected to exceed the India market average.
  • Mahindra Logistics's earnings growth is expected to exceed the low risk savings rate of 7.2%.
  • Performance (ROE) is expected to be above the current IN Logistics industry average.
  • An improvement in Mahindra Logistics's performance (ROE) is expected over the next 3 years.
  • Mahindra Logistics's revenue growth is expected to exceed the India market average.
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Cons

  • Mahindra Logistics's earnings are expected to decrease over the next year.
  • Mahindra Logistics's net income is expected to increase but not above the 50% threshold in 2 years time.
  • Mahindra Logistics is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
  • Mahindra Logistics's revenue is expected to increase but not above the 50% threshold in 2 years time.
  • Mahindra Logistics's revenue is expected to grow by 9.3% yearly, however this is not considered high growth (20% yearly).

health

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Pros

  • Mahindra Logistics is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Mahindra Logistics is profitable, therefore cash runway is not a concern.
  • Mahindra Logistics is profitable, therefore cash runway is not a concern.
  • Debt is well covered by operating cash flow (291.3%, greater than 20% of total debt).
  • Debt is covered by short term assets, assets are 33.7x debt.
  • Mahindra Logistics's cash and other short term assets cover its long term commitments.
  • Interest payments on debt are well covered by earnings (EBIT is 4.8x coverage).
  • Mahindra Logistics's level of debt (5.3%) compared to net worth is satisfactory (less than 40%).
  • Low level of unsold assets.
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Cons

  • The level of debt compared to net worth has increased over the past 5 years (1.5% vs 5.3% today).

management

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Pros

  • The tenure for the Mahindra Logistics management team is about average.
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Cons

  • The average tenure for the Mahindra Logistics board of directors is less than 3 years, this suggests a new board.

misc

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Pros

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    Cons

    • Mahindra Logistics has significant price volatility in the past 3 months.

    past

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    Pros

    • Mahindra Logistics's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
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    Cons

    • Mahindra Logistics's 1-year earnings growth is negative, it can't be compared to the 5-year average.
    • Mahindra Logistics used its assets less efficiently than the IN Logistics industry average last year based on Return on Assets.
    • Mahindra Logistics's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
    • Mahindra Logistics has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
    • Mahindra Logistics's 1-year earnings growth is negative, it can't be compared to the IN Logistics industry average.

    value

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    Pros

    • NSEI:MAHLOG is up 8.1% outperforming the Logistics industry which returned 4.7% over the past month.
    • NSEI:MAHLOG is up 8.1% along with the India market (8%) over the past month.
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    Cons

    • Mahindra Logistics's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
    • Mahindra Logistics's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
    • Mahindra Logistics is overvalued based on assets compared to the IN Logistics industry average.
    • Mahindra Logistics is poor value based on expected growth next year.
    • Mahindra Logistics is overvalued based on earnings compared to the IN Logistics industry average.
    • Mahindra Logistics is overvalued based on earnings compared to the India market.
    • MAHLOG underperformed the Logistics industry which returned -35% over the past year.
    • MAHLOG underperformed the Market in India which returned -14.5% over the past year.

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