NSE: MAHLOG | BSE: 540768

Mid-range Performer

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303.30 8.45 (2.87%)

45.32% Fall from 52W High

110.9K NSE+BSE Volume

NSE 05 May, 2025 3:50 PM (IST)

2,187.7

Market Cap

High in industry

0.9

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.

24 Apr 2024

303.30

2.87%

Improved QoQ performance

Hold: Mahindra Logistics Ltd.

Target

ICICI Securities Limited

Mahindra Logistics’ (MLL) Q4FY24 EBITDA was slightly above our estimates and marginally below street’s expectations.

Motilal Oswal decreased Neutral price target of Mahindra Logistics Ltd. to 300.0 on 21 Apr, 2025.

Mahindra Logistics Ltd.

23 Apr 2024

303.30

2.87%

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 Ltd. has lost -34.54% in the last 1 Year

Mahindra Logistics Ltd.

23 Apr 2024

303.30

2.87%

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. is trading above its 50 day SMA of 277.4

Mahindra Logistics Ltd.

26 Oct 2023

303.30

2.87%

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. is trading below its 100 day SMA of 324.3

Mahindra Logistics Ltd.

18 Sep 2023

303.30

2.87%

Mahindra Logistics

Buy: Mahindra Logistics Ltd.

Recommendation Target

ICICI Direct

Mahindra Logistics Ltd. has lost -26.50% in the last 6 Months

Mahindra Logistics Ltd.

26 Jul 2023

303.30

2.87%

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.

Motilal Oswal decreased Neutral price target of Mahindra Logistics Ltd. to 300.0 on 21 Apr, 2025.

Mahindra Logistics Ltd.

26 Apr 2023

303.30

2.87%

Mahindra Logist

Buy: Mahindra Logistics Ltd.

Target

Sharekhan

Mahindra Logistics Ltd. is trading below its 100 day SMA of 324.3

Mahindra Logistics Ltd.

26 Apr 2023

303.30

2.87%

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.