NSE: MAHLOG | BSE: 540768

Slowing Down Stock

Download real time

268.60 4.57 (1.73%)

51.58% Fall from 52W High

515.9K NSE+BSE Volume

NSE 21 Mar, 2025 3:59 PM (IST)

1,937.5

Market Cap

High in industry

0.8

Beta 1Year

Low volatility

Mahindra Logistics Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for MAHLOG, BSE:540768 Mahindra Logistics Ltd.

Mahindra Logistics Ltd.

23 Apr 2024

268.60

1.73%

A mixed Q4; Stays on-course to achieve profitable growth

Buy: Mahindra Logistics Ltd.

Target

Sharekhan

Mahindra Logistics Limited (MLL) reported marginally higher consolidated revenue at Rs. 1,451 crore (up 14% y-o-y), led by healthy growth in its core standalone business (mainly 3PL, revenue up 12% y-o-y) and express business (up 26% y-o-y), while the freight business witnessed a sequential improvement (up 15% q-o-q)

Mahindra Logistics L.. has an average target of 471.00 from 5 brokers.

Mahindra Logistics Ltd.

23 Apr 2024

268.60

1.73%

In-line performance; improved Express performance enhances EBITDA

Neutral: Mahindra Logistics Ltd.

Target

Motilal Oswal

Mahindra Logistics (MLL)’s 4QFY24 revenue grew by ~14% YoY to INR14.5b
(in line). EBITDA margin came in at 3.9% (in line), down 100bp YoY and up
20bp QoQ. EBITDA decreased 11% YoY to INR566m (in line). MLL posted a
net loss of INR128m vs. INR8m in 4QFY23 (our estimate of INR6m loss).

Mahindra Logistics Ltd. has lost -46.41% in the last 6 Months

Mahindra Logistics Ltd.

26 Oct 2023

268.60

1.73%

Underwhelming performance; better prospects ahead

Accumulate: Mahindra Logistics Ltd.

Target

ICICI Securities Limited

Mahindra Logistics’ (MLL) Q2FY24 EBITDA was significantly below our and street’s expectations. Key points: 1) Express business was underwhelming with EBITDA-level loss widening QoQ to INR 244mn; 2) warehousing & solutions revenue was impacted by a churn; however, gross margin improved 25% YoY; 3) freight forwarding business was impacted by a significant decline in ocean freight rates and deferment of volumes from some telecom contracts.

Mahindra Logistics Ltd. has lost -46.41% in the last 6 Months

Mahindra Logistics Ltd.

18 Sep 2023

268.60

1.73%

Mahindra Logistics

Buy: Mahindra Logistics Ltd.

Recommendation Target

ICICI Direct

Mahindra Logistics Ltd. has lost -28.39% in the last 3 Months

Mahindra Logistics Ltd.

26 Jul 2023

268.60

1.73%

High-margin express business may push margins ahead

Accumulate: Mahindra Logistics Ltd.

Target

ICICI Securities Limited

Mahindra Logistics’ (MLL) Q1FY24 EBITDA was in line with our estimates; however, it was 3.3% below consensus estimates. Key points: 1) Overall revenue grew 7.8% YoY led by growth in both SCM and mobility businesses on the back of improved performance in 3PL and network services; 2) freight-forwarding business continues to face headwinds YoY.

Mahindra Logistics Ltd. has lost -28.39% in the last 3 Months

Mahindra Logistics Ltd.

26 Apr 2023

268.60

1.73%

Mahindra Logistics Ltd

Hold: Mahindra Logistics Ltd.

Target

ICICI Direct

Mahindra Logistics Ltd. is trading below all available SMAs

Mahindra Logistics Ltd.

26 Apr 2023

268.60

1.73%

Recovery in sight

Accumulate: Mahindra Logistics Ltd.

Target

ICICI Securities Limited

Mahindra Logistics’ (MLL) Q4FY23 EBITDA of Rs637mn (up 16% YoY) was in line with our estimates; however, it missed street estimates by 7%. Key takeaways include: 1) Mixed quarter for 3PL division as automotive and manufacturing sectors contributed to growth while consumer and e-commerce lagged.