Mahindra Logistics logo

Mahindra Logistics share price

NSE: MAHLOGBSE: 540768Transport ServicesSmall Cap

Mahindra Logistics Limited · Face value ₹10 · Listed Nov 2017 · Issue price ₹429
Last close ₹427.15down ₹4.20 (0.97%)BSE ₹426.25

Share price at the NSE close on 29 Oct 2026. Previous close ₹431.35.

29 Oct: open ₹427.20, high ₹435.70, low ₹423.50

52-week range of traded prices to 29 Oct 2026
₹275.05Low, 21 Jan 2026₹450.00High, 24 Apr 2026
Market cap
₹4,241 Cr900th largest listed
P/E
56.48
P/B
3.52
Dividend yield
0.59%
ROE
6.4%
ROCE
12.7%
Debt to equity
0.04
Volume, NSE
2,65,19851.0% delivered

Mahindra Logistics share price chart

Daily closes since Nov 2017, adjusted for splits and bonuses

+19.9%over a year · BSE Services −2.3% · Nifty 500 −8.4%

ResultsDividend20-session average 9,09,992 shares a day, 43.4% delivered

Results

Consolidated; ₹ crore.Mahindra Logistics quarterly results

Revenue growth, 12 months
+20.3%
Net profit growth, 12 months
–

Quarter to Sep 2026, against the quarter before

Revenue
₹2,095 Crup 4.62%
Net profit
₹29 Crup 3.74%
Net margin
1.4%

Revenue by quarter

₹1,594 CrDec 24₹1,570 CrMar 25₹1,625 CrJun 25₹1,685 CrSep 25₹1,898 CrDec 25₹1,791 CrMar 26₹2,003 CrJun 26₹2,095 CrSep 26
Peak revenue ₹2,095 Cr, quarter to Sep 2026; lowest ₹1,570 Cr, quarter to Mar 2025

Net profit by quarter, a loss in red

  • Net profit
  • Loss
−₹7.26 CrDec 24−₹5.29 CrMar 25−₹9.44 CrJun 25−₹8.36 CrSep 25₹6.01 CrDec 25₹22 CrMar 26₹28 CrJun 26₹29 CrSep 26
A loss in 4 of the 8 quarters shown
₹ croreDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Revenue1,5941,5701,6251,6851,8981,7912,0032,095
Net profit−7−5−9−86222829
Net margin−0.5%−0.3%−0.6%−0.5%0.3%1.2%1.4%1.4%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Supply Chain Management₹6,613 Crup 14.23%94.3%
  • Enterprise Mobility Services₹400 Crup 24.85%5.7%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.Mahindra Logistics PE ratio and valuation

Price to book

At or below today's level on 13% of 1,914 trading days since Nov 2018.

LowestHighest
Its median5.66Industry median1.40
Dividend yield

At or below today's level on 67% of 2,156 trading days since Jan 2018.

LowestHighest
Its median0.50%Industry median1.31%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+28.0%––0.8%
3 years−1.3%−60.2%+145.8%0.8%
5 years−9.8%−44.0%+59.8%0.7%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2026.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Mahindra Logistics shareholding pattern

Shareholding by group

  • Promoters59.54%
  • Foreign institutions5.33%
  • Indian institutions13.79%
  • Individuals and others21.34%
Holder
Mahindra & Mahindra LimitedPromoter59.54%
Steinberg India Emerging Opportunities Fund LimitedForeign portfolio investors, category I1.61%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters −0.04 pts, foreign institutions +1.23 pts, Indian institutions −0.64 pts, mutual funds −1.83 pts.

Mutual fund holdings

12 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 1 of the 5 funds that added or cut is an index fund, an ETF or an arbitrage fund: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 12 funds holding Mahindra Logistics

Bought for the first time
1
Added
2
Cut
3
Held unchanged
6
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 30 Oct 2025.Mahindra Logistics insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Employees: no market trade · 4 off-market moves
  • Others: no market trade · 1 pledge filing of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Mahindra Logistics competitors and peers

Logistics Solution Provider, 85 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Mahindra Logistics in market cap.Services companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Shiprocket logoShiprocketSHIPROCKET9,346––––––0.00%
Transport Corporation of India logoTransport Corporation of IndiaTCI6,60814.282.37+11.5%+6.6%17.9%12.7%1.14%
TVS Supply Chain Solutions logoTVS Supply Chain SolutionsTVSSCS4,91575.892.42+16.9%+28.8%3.4%7.2%0.00%
VRL Logistics logoVRL LogisticsVRLLOG4,72917.694.14+5.6%+21.8%24.0%26.7%1.85%
Afcom Holdings logoAfcom HoldingsAFCOM3,76525.05–––44.4%–0.00%
Gateway Distriparks logoGateway DistriparksGATEWAY2,1909.310.94+8.2%−39.6%10.2%11.5%7.41%
TCI Express logoTCI ExpressTCIEXP1,82622.152.23+5.2%−0.6%10.4%11.9%1.47%
Allcargo Logistics logoAllcargo LogisticsALLCARGO1,417–2.47−35.8%–––0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Mahindra Logistics dividend history

Dividend per share, ₹, restated for later splits and bonuses

1.5Mar 181.8Mar 191.5Mar 202.5Mar 212Mar 222.5Mar 232.5Mar 242.5Mar 252.5Mar 26
Highest ₹2.50 a share, in 5 years, the latest the year to Mar 2026.
Ex-dateTypePer share
10 Jul 2026Final₹2.50
11 Jul 2025Final₹2.50
12 Jul 2024Final₹2.50
14 Jul 2023Final₹2.50
21 Jul 2022Final₹2.00
19 Jul 2021Final₹2.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Mahindra Logistics announcements

Mahindra Logistics share price by year

Each calendar year to 2025.Mahindra Logistics share price history

YearClose at year endChangeHighest closeLowest close
2025316.60−16.7%413.65242.46
2024380.15−2.0%545.20371.10
2023387.85−22.7%503.25349.85
2022501.80−26.3%730.50403.35
2021680.80+64.5%799.60413.90
2020413.75+2.9%448.80205.05
2019402.20−22.2%561.05329.50
2018517.15+18.0%636.25442.55
2017438.20–454.45407.95
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2017 is from its first session, 10 Nov 2017.

Recent sessions

The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
28 Oct 2026430.00440.65421.25431.35430.196,77,31933.5%
27 Oct 2026390.00444.60390.00434.20432.5947,48,81417.1%
26 Oct 2026370.00417.80365.30390.15401.4986,37,87520.3%
23 Oct 2026380.00403.70361.50370.25381.3813,38,66920.2%
22 Oct 2026384.35392.60379.65383.60384.401,70,77343.6%
21 Oct 2026396.00398.20385.50389.25390.191,49,65848.2%
19 Oct 2026408.00408.50395.10397.50400.351,40,93341.4%
16 Oct 2026415.00415.05408.10409.45410.681,38,64250.7%
15 Oct 2026421.20424.65409.50411.75416.792,32,06153.7%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Rights issue history

Ex-dateEventPrice factorWhat happened
23 Jul 2025Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
Each event is noted and not adjusted for.

Company details

Chairperson
Anish D Shah
At the end of the quarter to Sep 2026
Managing director and CEO
Hemant Sikka
At the end of the quarter to Sep 2026
NSE symbol
MAHLOG
BSE code
540768
ISIN
INE766P01016
Industry
Transport Services
CIN
L63000MH2007PLC173466
Corporate identity number, the registrar of companies' code for it
Incorporated
2007
Registered office
Mahindra Towers, P. K. Kurne Chowk, Worli, Mumbai 400018, Maharashtra
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments