Mahindra Logistics shareholders and shareholding pattern
NSE: MAHLOGBSE: 540768Transport ServicesSmall Cap
Mahindra Logistics Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Nov 2017 · Issue price ₹429
Last close ₹431.35down ₹2.85 (0.66%)BSE ₹430.90
Share price at the NSE close on 28 Oct 2026. Previous close ₹434.20.
28 Oct: open ₹430.00, high ₹440.65, low ₹421.25
52-week range of traded prices to 28 Oct 2026
₹275.05Low, 21 Jan 2026₹450.00High, 24 Apr 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹4,282 Cr900th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 57.04
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 3.55
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.58%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 6.4%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 12.7%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.04
- Volume, NSEVolume. Shares traded on the last trading day. Volume in the glossary
- 6,77,319
Mahindra Logistics' shareholding pattern for Sep 2026, filed on 19 Oct 2026, with every filing from Dec 2017: who owns its shares by group, its promoters by name and its public holders of 1% or more.
Who owns Mahindra Logistics, filing by filing
Per cent of the company's shares.
Sep 2026 filing
- Promoters59.54%
- Foreign institutions5.33%
- Indian institutions13.79%
- Individuals and others21.34%
Shareholding pattern, per cent, from Sep 2022
- Promoters
- Foreign institutions
- Indian institutions
- Individuals and others
| Per cent | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | 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 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 61.05% | 61.05% | 61.05% | 61.05% | 58.59% | 58.52% | 58.52% | 58.52% | 58.49% | 58.45% | 58.42% | 58.40% | 58.35% | 58.34% | 58.31% | 58.25% | 58.18% | 58.18% | 58.12% | 58.11% | 58.10% | 58.09% | 58.04% | 58.04% | 58.04% | 58.04% | 58.03% | 58.03% | 58.03% | 57.97% | 57.97% | 59.60% | 59.60% | 59.58% | 59.58% | 59.54% | |
| Indian promoters | 61.05% | 61.05% | 61.05% | 61.05% | 58.59% | 58.52% | 58.52% | 58.52% | 58.49% | 58.45% | 58.42% | 58.40% | 58.35% | 58.34% | 58.31% | 58.25% | 58.18% | 58.18% | 58.12% | 58.11% | 58.10% | 58.09% | 58.04% | 58.04% | 58.04% | 58.04% | 58.03% | 58.03% | 58.03% | 57.97% | 57.97% | 59.60% | 59.60% | 59.58% | 59.58% | 59.54% |
| Public. Every shareholder outside the promoter group, the employee trusts and the shares held against depositary receipts, as the filing totals them. Public in the glossary | 38.95% | 38.95% | 38.95% | 38.95% | 41.41% | 41.48% | 41.48% | 41.48% | 41.51% | 41.55% | 41.58% | 41.60% | 41.65% | 41.66% | 41.69% | 41.75% | 41.82% | 41.82% | 41.88% | 41.89% | 41.90% | 41.91% | 41.96% | 41.96% | 41.96% | 41.96% | 41.97% | 41.97% | 41.97% | 42.03% | 42.03% | 40.40% | 40.40% | 40.42% | 40.42% | 40.46% |
| Shares in issue | 7,11,41,924 | 7,11,41,924 | 7,11,41,924 | 7,11,41,924 | 7,13,67,056 | 7,14,47,684 | 7,14,47,684 | 7,14,47,684 | 7,14,84,404 | 7,15,37,256 | 7,15,69,184 | 7,15,99,119 | 7,16,60,187 | 7,16,70,340 | 7,17,12,003 | 7,17,77,108 | 7,18,63,536 | 7,18,71,618 | 7,19,35,703 | 7,19,55,978 | 7,19,66,844 | 7,19,77,030 | 7,20,36,151 | 7,20,36,151 | 7,20,36,151 | 7,20,36,151 | 7,20,50,341 | 7,20,50,341 | 7,20,50,341 | 7,21,31,470 | 7,21,31,470 | 9,91,80,771 | 9,91,80,771 | 9,92,22,483 | 9,92,22,483 | 9,92,77,402 |
| Shares locked inShares locked in. Shares the filing reports as barred from sale until a set day, such as promoters' shares after a public issue or shares allotted to an investor directly. Shares locked in in the glossary | 4,99,45,360 | 4,99,45,360 | 4,99,45,360 | 4,99,45,360 | 1,42,28,385 | 1,42,28,385 | 1,42,28,385 | 1,42,28,385 | 1,42,28,385 | 1,42,28,385 | 1,42,28,385 | 1,42,28,385 | – | – | – | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | – | – | – | – | – | – |
| Promoters' shares locked in | 4,34,34,304 | 4,34,34,304 | 4,34,34,304 | 4,34,34,304 | 1,42,28,385 | 1,42,28,385 | 1,42,28,385 | 1,42,28,385 | 1,42,28,385 | 1,42,28,385 | 1,42,28,385 | 1,42,28,385 | – | – | – | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | – | – | – | – | – | – |
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.
Mahindra Logistics promoters
Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is Mahindra & Mahindra Limited, 59.54%. The filing names 156 more members with no shares.Promoter buying and selling
| Holder | ||
|---|---|---|
| Mahindra & Mahindra LimitedIndian companies, trusts and others | 59.54% | 5,91,12,927 |
No promoter shares are reported as pledged.
Largest public holders of Mahindra Logistics, filing by filing
Per cent, on the same shares as the split above.Mutual funds holding Mahindra Logistics
| Holder | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | 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 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Steinberg India Emerging Opportunities Fund LimitedForeign portfolio investors, category I | – | – | – | – | – | – | – | – | – | – | 1.82% | 2.51% | 2.51% | 2.51% | 2.51% | 2.51% | 2.31% | 2.39% | 2.39% | 2.39% | 2.39% | 2.38% | 2.50% | 2.50% | 2.78% | 2.92% | 2.91% | 2.64% | 2.64% | 2.63% | 2.63% | 1.94% | 1.81% | 1.81% | 1.61% | 1.61% |
| Aditya Birla Sun Life Insurance Company LimitedInsurance companies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.12% | 1.15% | 1.22% | 2.94% | 3.28% | 2.20% | 2.29% | 3.39% | 3.47% | 2.42% | 2.66% | 2.96% | 2.88% | 2.75% | 2.23% | – | – | – | – | – | – | – |
| Kotak Funds - India Midcap FundForeign portfolio investors, category I | – | – | – | – | – | – | 4.22% | 4.22% | 4.22% | 4.19% | 4.19% | 4.17% | 4.02% | 3.82% | 3.44% | 3.32% | 3.31% | 3.29% | 3.28% | 3.28% | 3.28% | 3.26% | 3.26% | 3.26% | – | – | – | – | – | – | – | – | – | – | – | – |
| Goldman Sachs Funds - Goldman Sachs India Equity PortfolioForeign portfolio investors, category I | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.27% | 2.27% | 2.27% | 2.27% | 2.27% | 2.26% | 2.26% | 2.26% | 2.26% | – | – | – | – | – | – | – | – | – | – | – | – |
| Tata Aia Life Insurance Co Ltd-Whole Lif Mid Cap,Select,Future Select,Super Select,Super Select fdInsurance companies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.26% | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| First Sentier Investors ICVC-Stewart Investors Indian Subcontinent Sustainability FdForeign portfolio investors, category I | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.23% | 2.23% | 2.23% | – | 2.23% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Tata AIA Life Insurance Co Ltd-various fundsInsurance companies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.50% | – | 1.52% | – | – | 1.26% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| First Sentier Investors Icvc - Stewart Investors Indian Subcontinent Sustainability FundForeign portfolio investors, category II | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.13% | 2.24% | – | – | – | 2.23% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Federated Hermes Investment Fds Plc On Behalf-Federated Hermes Global Emerging Mkts Smid Equity FdForeign portfolio investors, category II | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.15% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Tata Aia Life Insurance Co Ltd (several funds)Insurance companies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.03% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Federated Hermes Investment Fds Plc On Behalf-Federated Hermes Global Emerging Mrkts Smid Equity FdInstitutions Foreign Portfolio Investor | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.34% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Tata Aia Life Insurance Co Ltd (under several fds)Insurance companies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.28% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| First Sentier Investors Icvc-Stewart Investors Global Emerging Markets Sustainability FdInstitutions Foreign Portfolio Investor | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.14% | 1.14% | 1.14% | 1.18% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| First Sentier Investors Icvc-Stewart Investors Asia Pacific Sustainability FdInstitutions Foreign Portfolio Investor | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.01% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Federated Hermes Investment Funds PlcOnBehalfOfFederatedHermesGlobalEmergingMktsSmidEquityfdInstitutions Foreign Portfolio Investor | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.44% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Akash BhanshaliResident individuals, over ₹2 lakh at face value | 1.38% | 1.38% | 1.38% | 1.38% | 1.38% | 1.38% | 1.38% | 1.86% | 1.86% | 1.85% | 1.85% | – | 1.59% | 1.53% | 1.53% | 1.02% | 1.02% | 1.02% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Tata Aia Life Insurance Co Ltd-under various fundsInsurance companies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.52% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Federated Hermes Investment Funds Plc-Federated Hermes Global Emerging Markets Smid Equity FdInstitutions Foreign Portfolio Investor | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.27% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Ashish KacholiaResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.06% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Federated Hermes Investment Funds Plc On Behalf of FederatedHermesGlobalEmergingMktsSmidEqFdInstitutions Foreign Portfolio Investor | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.46% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Goldman Sachs India LimitedInstitutions Foreign Portfolio Investor | 2.12% | 2.12% | 2.12% | 2.12% | 2.11% | 2.11% | 2.96% | 2.96% | 2.85% | 2.55% | 2.55% | 2.48% | 2.43% | 2.27% | 2.27% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Hermes Investment Funds Plc On Behalf of Hermes Global Emerging Markets Smid Equity FundInstitutions Foreign Portfolio Investor | – | – | – | – | – | – | – | – | – | – | – | – | 1.03% | 1.16% | 1.58% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Tata AIA Life Insurance Co Ltd-Whole Life Mid Cap Equity Fund-ULIF 009 04/01/07 WLE 110, Select Equity Fund ULIF 024 06/10/08 TSE 110, Future Select Equity Fund ULIF 023 06/10/08 FSE 110, Top 200 FundInsurance companies | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.37% | 1.37% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| First Sentier Investors Icvc - Stewart Investors Global Emerging Markets Sustainability FundInstitutions Foreign Portfolio Investor | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.07% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| First State Investments ICVC- Stewart Investors Indian Subcontinent Sustainability FundInstitutions Foreign Portfolio Investor | – | – | – | – | – | – | – | 1.71% | 1.97% | 1.84% | 1.84% | 2.13% | 2.13% | 2.13% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| First State Investments ICVC - Stewart Investors Global Emerging Markets Sustainability FundInstitutions Foreign Portfolio Investor | – | – | – | – | – | – | 1.11% | 1.11% | – | – | – | – | 1.04% | 1.07% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Akash BhansaliResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | 1.85% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Motilal Oswal Focused Emergence FundAlternative investment funds | – | – | – | 1.27% | 1.26% | 1.26% | 1.26% | 1.26% | 1.26% | 1.26% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| First State Investments ICVC - Stewart Investors Indian Subcontinent FundInstitutions Foreign Portfolio Investor | – | – | – | – | 1.22% | 1.22% | 1.64% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Normandy Holdings LimitedOther non-institutions | 9.02% | 9.02% | 9.02% | 9.02% | 8.99% | 8.98% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Amundi Funds Sbi Fm Equity IndiaInstitutions Foreign Portfolio Investor | 1.55% | 1.83% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here: each fund's holding is on the Mutual funds tab, from its own portfolio. A dash is a filing that did not name the holder, which includes holding under one per cent.