NSE: MAHLOG | BSE: 540768

Mid-range Performer

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323.20 1.25 (0.39%)

48.68% Gain from 52W Low

80,248 NSE+BSE Volume

NSE 12 Dec, 2025 3:31 PM (IST)

3,205.5

Market Cap

High in industry

Beta 1Year

High 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.

25 Jul 2024

323.20

0.39%

Operationally in-line Q1; Retain BUY

Buy: Mahindra Logistics Ltd.

Target

Sharekhan

We retain BUY on Mahindra Logistics Limited (MLL) with a revised PT of Rs. 632, rolling forward our
valuation to H1FY2027E earnings, while it remains on a growth path across businesses.

Mahindra Logistics Ltd. is trading below its 30 day SMA of 328.8

Mahindra Logistics Ltd.

24 Jul 2024

323.20

0.39%

Better-than-expected performance

Sell: Mahindra Logistics Ltd.

Recommendation Target

ICICI Securities Limited

MLL's performance, QoQ, has improved. Overall, EBITDA of INR 663mn (down 0.5% YoY) was 19.7%/1.7% above our/Street’s estimates.

Mahindra Logistics Ltd. is trading below its 30 day SMA of 328.8

Mahindra Logistics Ltd.

23 Jul 2024

323.20

0.39%

Operating performance in line; express business continues to struggle

Neutral: Mahindra Logistics Ltd.

Target

Motilal Oswal

Mahindra Logistics (MLL)’s 1QFY25 revenue grew ~10% YoY to INR14.2b (in line). EBITDA margin came in at 4.7% (vs. our est. of 4.5%), down 50bp YoY but up 80bp QoQ. EBITDA was flat YoY at INR663m (in line) in 1QFY25.

Mahindra Logistics Ltd. is trading below its 30 day SMA of 328.8

Mahindra Logistics Ltd.

23 Jul 2024

323.20

0.39%

MAHINDRA LOGISTICS

Hold: Mahindra Logistics Ltd.

Prabhudas Lilladhar

Mahindra Logistics Ltd. is trading below its 30 day SMA of 328.8

Mahindra Logistics Ltd.

24 Apr 2024

323.20

0.39%

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.

Mahindra Logistics L.. has an average target of 358.00 from 3 brokers.

Mahindra Logistics Ltd.

23 Apr 2024

323.20

0.39%

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. is trading below its 30 day SMA of 328.8

Mahindra Logistics Ltd.

23 Apr 2024

323.20

0.39%

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 200 day SMA of 309.4

Mahindra Logistics Ltd.

26 Oct 2023

323.20

0.39%

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 above its 200 day SMA of 309.4

Mahindra Logistics Ltd.

18 Sep 2023

323.20

0.39%

Mahindra Logistics

Buy: Mahindra Logistics Ltd.

Recommendation Target

ICICI Direct

Mahindra Logistics Ltd. is trading below its 30 day SMA of 328.8

Mahindra Logistics Ltd.

26 Jul 2023

323.20

0.39%

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. is trading above its 200 day SMA of 309.4

Is Mahindra Logistics Ltd. worth buying?

130 Votes:

Buy 83.08%

Sell 9.23%

Hold 7.69%

RESEARCH REPORTS

Neutral SEE REPORTS >

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Accumulate SEE REPORTS >

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