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Mahindra Logistics Ltd share Price Today

Company details

403.25
421.70
348.05
460.00
6M Return 1.75%
1Y Return 16.85%
Mkt Cap.(Cr) 3,021.55
Volume 263,618
Div Yield 0.60%
OI
-
OI Chg %
-
Volume 263,618

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Mahindra Logistics announced Q3FY24 & 9MFY24 results:

  • Consolidated Q3FY24 vs Q3FY23
    • Revenue of Rs 1,397 crore as compared to Rs 1,330 crore.
    • EBITDA of Rs 52 crore as compared to Rs 63 crore.
    • PBT of Rs (9.6) crore as compared to Rs 3.5 crore.
    • PAT loss of Rs 17.1 crore compared to a profit of Rs 1.1 crore.
    • EPS (Diluted) of Rs (2.42) as compared to Rs 0.19
  • Consolidated 9MFY24 vs 9MFY23
    • Revenue of Rs 4,055 crore as compared to Rs 3,856 crore.
    • EBITDA of Rs 172 crore as compared to Rs 196 crore.
    • PBT of Rs (17.2) crore as compared to Rs 39.2 crore.
    • PAT loss of Rs 41.2 crore compared to profit of Rs 25.7 crore.
    • EPS (Diluted) of Rs (5.82) as compared to Rs 3.75
  • Standalone Q3FY24 vs Q3FY23
    • Revenue of Rs 1,160 crore as compared to Rs 1,140 crore.
    • EBITDA of Rs 71 crore as compared to Rs 69 crore.
    • PBT of Rs 18.8 crore as compared to Rs 21.7 crore
    • PAT of Rs 12.5 crore as compared to Rs 16.8 crore.
    • EPS (Diluted) of Rs 1.73 as compared to Rs 2.33
  • Standalone 9MFY24 vs 9MFY23
    • Revenue of Rs 3,347 crore as compared to Rs 3,404 crore.
    • EBITDA of Rs 228 crore as compared to Rs 197 crore.
    • PBT of Rs 75.5 crore as compared to Rs 55.7 crore
    • PAT of Rs 54.1 crore as compared to Rs 42.1 crore.
    • EPS (Diluted) of Rs 7.49 as compared to Rs 5.84

Commenting on the performance, Rampraveen Swaminathan, Managing Director and CEO of Mahindra Logistics said, “ Q3FY24 was a period of moderate demand. Continuing growth in engineering and FMCG segments was offset by slow growth in other markets. The festive season was marked by volume growth but was offset by lower volumes due to capacity consolidation and increased shutdowns, especially in e-commerce and some Automotive OEM customers. During the quarter, the 3PL supply chain business demonstrated stable growth. The Freight forwarding business continued to demonstrate sequential growth, despite global headwinds. We continued to make progress in the B2B express business with growth in volume and enhancements in service levels. Our multi-client warehousing expansion remains on track with new expansion announcements of 1.1 Million Square Feet. We are optimistic of strong growth driven by order intake across our businesses and continued improvement of the express business and integration of the Rivigo acquisition, in coming quarters”

 

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Mahindra Logistics Ltd shares SWOT Analysis

Strengths (3)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Increasing Revenue every quarter for the past 3 quarters
  • Company with Zero Promoter Pledge

Weakness (3)

  • Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years
  • Declining profits every quarter for the past 4 quarters
  • Major fall in TTM Net Profit

Opportunity (1)

  • Stock with Low PE (PE < = 10)

Threats (1)

  • Companies with growing costs YoY for long term projects

Resistance and support

R1 424.8
R2 430.9
R3 435.8
Pivot

419.88

S1 413.8
S2 408.9
S3 402.8
EMA SMA
414.5
410.5
403.2
401.4
416.3
416.9
396.4
388.6
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-01-02 422.76 469948 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-01-02 423.57 469948 NSE
GOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA EQUITY PORTFOLIO Bulk Sell 2023-12-08 376.19 592042 NSE
Name Category Shares
Mahindra & Mahindra Limited PROMOTER 58.04%

OUR RESEARCH VIEW

Investment recommendation
Call Date
18 Feb 2022
Entry Price 430.00
Target Price 560.00
Duration
12 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Mahindra Logistics Ltd Stocks COMPARISON

Financials( in Cr) Mahindra Logistics Ltd Container Corporation Of India Ltd Delhivery Ltd Blue Dart Express Ltd TVS Supply Chain Solutions Ltd
Price 419.45 865.35 438.15 5,697.35 151.40
% Change 3.58 -0.30 -1.76 0.23 -2.13
Mcap Cr 3,021.55 52,725.26 32,205.91 13,518.67 6,658.27
Revenue TTM Cr 5,128.29 8,310.36 7,225.30 5,172.22 10,235.38
Net Profit TTM Cr 27.42 1,173.47 -1,007.78 370.53 41.76
PE TTM 0.00 42.58 0.00 45.37 0.00
1 Year Return 16.85 47.76 33.08 -5.29 -24.68
ROCE 7.15 13.73 0.00 26.91 5.82
ROE 4.95 10.68 0.00 36.12 3.77
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 561.61 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 19,949.36 46,625.05
LAST 3M 62,706.47 30,325.37
LAST 6M 124,059.31 61,387.51
LAST 12M 183,733.61 212,735.20

Mahindra Logistics Ltd Information

Stock PE (TTM)
0
Promoter Holding
58.04%
Book Value
72.2382
ROCE
7.15%
ROE
4.95%
Registered Address

Mahindra Towers, P K Kurne Chowk Worli, Mumbai, Maharashtra, 400018

Tel : 91-22-24901441
Email : cfo.mll:mahindra.com
Website : http://www.mahindralogistics.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 540768
NSE Code : MAHLOG
Book Closure Date (Month) : Jul
BSE Group : A
ISIN : INE766P01016

FAQ’s on Mahindra Logistics Ltd Shares

You can buy Mahindra Logistics Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Mahindra Logistics Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Mar 15, 2024 03:09 PM the closing price of Mahindra Logistics Ltd was ₹ 419.45.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Mar 15, 2024 03:09 PM, the market cap of Mahindra Logistics Ltd stood at ₹ 3,021.55.

The latest PE ratio of Mahindra Logistics Ltd as of Mar 15, 2024 03:09 PM is 0

The latest PB ratio of Mahindra Logistics Ltd as of Mar 15, 2024 03:09 PM is 0.17

The 52-week high of Mahindra Logistics Ltd is ₹ 460.00 while the 52-week low is ₹ 348.05

According to analyst recommendations, Mahindra Logistics Ltd has a “Buy” rating for the long term.

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