Mahindra Logistics Ltd

Mahindra Logistics Ltd share price softened by 2.90% to Rs 371.4. The Company's net profit grew slightly 3.74% to Rs 28.87 crore, while revenue from operations improved marginally 4.62% to Rs 2095.43 crore in Q3FY26 over Q2FY26. The market capitalization of Logistics Solution Provider industry group stocks on BSE stood at Rs 1.39 lakh crore, gaining 8.07%. It has eased by 6.88% over last one week and dropped by 8.31% in last one month while the market capitalization of Mahindra Logistics Ltd has slipped by 9.23% and 10.68% in the same period respectively. Profit before tax (PBT) of Mahindra Logistics Ltd stood at Rs 40.3 crore in Q3 FY26, crashing by 844.92% year-on-year, and easing 3.17% quarter-on-quarter. EBITDA came in at Rs 116 crore, rallying 40.66% YoY and rising 9.42% sequentially. Total expenses grew marginally by 4.50% to Rs 2048.05 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 122.0 crore, improving by 7.12% YoY. For the TTM ended FY26, revenue from operations advanced 14.65% to Rs 6999.3 crore, while net profit plunged by 135.23% to Rs 10.57 crore, compared to previous TTM. EBITDA jumped by 31878% to Rs 359.34 crore, and PBT tumbled by 532.33% to Rs 33.16 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 253.61 crore in FY26, as against Rs 343.17 crore in FY25. Mahindra Logistics Ltd inched up 2.55% in last one year, significantly outperforming the benchmark BSE Sensex which has reduced by 13.52% during the same period.

Mahindra Logistics Ltd share price declined by 1.77% to Rs 382.5. The Company's net profit inched up 3.74% to Rs 28.87 crore, while revenue from operations slightly gained 4.62% to Rs 2095.43 crore in Q3FY26 over Q2FY26. The market capitalization of Logistics Solution Provider industry group stocks on BSE stood at Rs 1.39 lakh crore, easing 8.07%. It has slipped by 4.59% over last one week and softened by 6.05% in last one month while the market capitalization of Mahindra Logistics Ltd has softened by 6.51% and 8.01% in the same period respectively. Profit before tax (PBT) of Mahindra Logistics Ltd stood at Rs 40.3 crore in Q3 FY26, tanking 844.92% year-on-year, and gaining 3.17% quarter-on-quarter. EBITDA came in at Rs 116 crore, rallying 40.66% YoY and rising 9.42% sequentially. Total expenses posted a minor rise of 4.50% to Rs 2048.05 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 122.0 crore, improving by 7.12% YoY. For the TTM ended FY26, revenue from operations rose 14.65% to Rs 6999.3 crore, while net profit witnessed a sharp fall of 135.23% to Rs 10.57 crore, compared to previous TTM. EBITDA jumped by 31878% to Rs 359.34 crore, and PBT tanked by 532.33% to Rs 33.16 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 253.61 crore in FY26, as against Rs 343.17 crore in FY25. Mahindra Logistics Ltd advanced by 5.62% in last one year, significantly outperforming the benchmark BSE Sensex which has declined by 13.37% during the same period.

Mahindra Logistics Limited will hold a board meeting on Friday, October 23, 2026, to consider and approve the unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2026, which will be subject to a limited review by the company’s statutory auditor. The company’s trading window will be closed from Thursday, October 1, 2026, to Sunday, October 25, 2026, for consideration of the financial results.

Mahindra Logistics Limited will hold a board meeting on Friday, October 23, 2026, to consider and approve the unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2026, which will be subject to a limited review by the company’s statutory auditor. The trading window for the company will be closed from Thursday, October 1, 2026, to Sunday, October 25, 2026, inclusive, for consideration of the financial results.

Mahindra Logistics Ltd. announced reaffirmations and assignments of ratings across various instruments by ICRA, including reaffirmation of its Long Term/Short Term - Fund based/ Non -Fund based rating of [ICRA]AA(Stable)/ [ICRA]A1+ for a total amount of 350, its Commercial Paper rating of [ICRA]A1+ for 100, and reaffirmed ratings for Financial Sector Regulator instruments of 350.00, also at [ICRA]AA (Stable)/ [ICRA]A1+, alongside ratings assigned on August 25, 2026, for Bank Limits from HDFC Bank Limited (100.00), Kotak Mahindra Bank Limited (100.00), Axis Bank Limited (100.00), and ICICI Bank Limited (50.00), and an assigned Commercial Paper rating of [ICRA]A1+ for 100.00; additionally, ICRA has noted a rights issue of Rs. 749.3 crore utilized for debt reduction, resulting in deleveraging with Total debt to OPBITDA reduced to 1.7 times from 3.1 times in FY2026 and gearing moderated to around 0.5 times from 1.9 times in FY2025, while N/A has reaffirmed a rating of AAA (Stable) for the parent company, Mahindra & Mahindra Limited (M&M), and A1+ for financial support likelihood.

Mahindra Logistics Limited announced that its Stakeholders’ Relationship Committee approved the allotment of 54,919 equity shares on August 24, 2026, following the exercise of Restricted Stock Units under the Mahindra Logistics Employee Restricted Stock Unit Plan 2018, increasing the company's issued, subscribed, and paid-up share capital to Rs 99,27,74,020 comprising 9,92,77,402 equity shares, with an exercise price of Rs 10 per share.

The company's consolidated net profit stood at Rs 25.39 crore in Q1 FY27, compared with a net loss of Rs 10.80 crore in Q1 FY26. Profit increased 25.76% QoQ from Rs 20.19 crore in Q4 FY26. Revenue from operations increased 23.29% YoY and 11.83% QoQ to Rs 2,002.88 crore in the June 2026 quarter. Profit before tax stood at Rs 39.06 crore in Q1 FY27, compared with a pre-tax loss of Rs 5.82 crore in Q1 FY26. PBT increased 22.25% QoQ from Rs 31.95 crore in Q4 FY26. EBITDA increased 51% YoY and 3% QoQ to Rs 115 crore during the quarter. On the cost front, total expenses increased 20.68% YoY to Rs 1,973.60 crore. Operating expenses rose 22.88% YoY to Rs 1,729.40 crore, while employee benefit expenses increased 9.01% YoY to Rs 113.89 crore. Finance costs declined 38.53% YoY to Rs 13.83 crore, while depreciation and amortisation expenses rose 12% YoY to Rs 72.31 crore. Current tax expense rose to Rs 15.21 crore from Rs 4.52 crore a year ago. Operationally, the Contract Logistics business grew 26% YoY, with EBITDA rising 31%, supported by operating efficiencies and improved customer profitability. The Express business reported 58% YoY and 10% QoQ revenue growth, with gross margin and EBITDA improving for the fourth consecutive quarter. The Mobility business expanded 38% YoY, while EBITDA increased 8%. The Last Mile Delivery business reported EBITDA of Rs 2.6 crore, compared with a loss of Rs 0.5 crore a year ago, despite a 16% YoY decline in revenue due to portfolio recalibration. Warehouse space under management increased by 1.52 million sq. ft. sequentially to 21.9 million sq. ft. Managing director and CEO Hemant Sikka said the quarter reflected the company's transition from a transformation journey to a growth journey, driven by strong execution, operational excellence and improved customer economics. He said Mahindra Logistics remains focused on profitable growth, technology-led solutions and becoming India's leading logistics services provider. Mahindra Logistics is an integrated third-party logistics and enterprise mobility solutions provider serving more than 400 corporate customers across industries including automotive, engineering, consumer goods and e-commerce. Powered by Capital Market - Live

Net profit of Mahindra Logistics reported to Rs 25.39 crore in the quarter ended June 2026 as against net loss of Rs 10.80 crore during the previous quarter ended June 2025. Sales rose 23.29% to Rs 2002.88 crore in the quarter ended June 2026 as against Rs 1624.59 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales2002.881624.59 23 OPM %5.764.69 - PBDT111.3758.75 90 PBT39.06-5.82 LP NP25.39-10.80 LP Powered by Capital Market - Live

Mahindra Logistics will hold a meeting of the Board of Directors of the Company on 20 July 2026.

Mahindra Logistics announced that the 19th Annual General Meeting(AGM) of the company will be held on 20 July 2026.