Mahindra Logistics' (MLL) Q4FY20 print was weak on account of the national lockdown and auto industry slowdown.

New business landscape looks promising for 3PL companies With introduction of newer norms (social distancing) and regulations shoved into the sector, it is becoming challenging to maintain turnaround times for customer for various companies, with increased labour costs. A 3PL company in such an environment can provide reduced logistics costs, better turnaround and also reverse logistics to each client company due to greater efficiency, lower capex and running the operations at better utilisation levels compared to each company internal logistics operations. MLL ended with...

MLL is one of the major players in the rapidly growing Indian 3PL industry (~ US$6 billion in FY17), which has been growing at a CAGR of 18-20% over the last few years. The growth is driven by higher gamut of logistics operations being outsourced by manufacturers to 3PL players. MLL possesses key success enablers like bouquet of end-to-end logistic services, asset light model and presence in high growth industries along with support...

Mahindra Logistics (MLL) reported below expected performance in Q2FY20, with consolidated revenue/EBITDA (adj. for IND-AS 116) declining 8%/28% YoY.

Scaleable asset light model amid huge market opportunity MLL is one of the major players in the nascent but rapidly growing Indian 3PL industry (~US$6 billion in FY17), which has been growing at a CAGR of 18-20% over last few years. The growth is driven by a higher gamut of logistics operations being outsourced by manufacturers to 3PL players. MLL possesses key success enablers like bouquet of end-to-end logistic services, asset light model and presence in high growth industries along with support of anchor client (M&M;) enabling it to grow in line with industry growth....

Increased revenue share from the non-Mahindra business (especially FMCG, e-commerce) would enable higher warehousing revenues, providing better gross margins and translating into enhanced profitability for the company. Rising importance of services like inbound, outbound and in-factory logistics would enable 3PL players to get a higher wallet share of the clients business with increased client dependency. We maintain our BUY rating with a...

Banking: Tax cut to bolster earnings. Midcaps: Tax cut benefits capped by demand headwinds. MAHLOG: Meeting takeaways: Reiterates growth plan; technology to the fore. Banking Credit Tracker: Business momentum remains sluggish

We interacted with Mahindra Logistics' (MLL) CEO designate Rampraveen Swaminathan who will assume the role of CEO from Oct 1.

Subdued user industries exacted a heavy toll on Mahindra Logistics' (MLL) Q1FY20 performance.

We recently met Mahindra Logistics (MLL) CFO, Yogesh Patel, to get a sense of the rising importance of the third party logistics (3PL) business and MLL, in particular, in the GST era. MLL is one of the largest 3PL players in the country, with over 350 clients. The company is primarily into providing customised logistics solution to clients, while at the same time staying asset light, as assets required for the operations such as vehicles and warehouses are owned by ~1500 business partners (~1000 business partners in SCM and ~500 in PTS business). On the business front, MLL...

Mahindra Logistics Ltd. (MLL) is an integrated third-party logistics (3PL) service provider, specializing in supply chain management and people transport solutions. MLL serves over 300 corporate customers across various industries like Automobile, engineering, consumer goods and e-commerce. The company pursues an asset-light business model, providing customized and technology enabled solutions that span across the supply chain and people transport operations. It also allows scalability of services as well as the flexibility to develop and offer customized logistics solutions across a diverse set of industries....

MLL's Q3 Supply Chain Management (SCM) revenue grew 18% YoY on healthy growth across key verticals (except Bulk which dragged overall growth). This also helped SCM gross margin expand 60 bps YoY to 8.1%.

MLL is one of the leading players in the fast growing Third Party Logistics (3PL) sector. MLL's technology enabled, "asset-light" business model allows for scalability of services as well as the flexibility to develop and offer customized...

Mahindra Logistics (MLL) is one of India's largest third party logistics (3PL)/ supply chain management (SCM) companies in India, but it accounts for only 6-7% of India's SCM industry. As we expect major business to shift to organized players under GST.

Incorporated in 2008, Mahindra Logistics Limited, is part of Mahindra Group (M&M;). MLL is an end-to-end logistics solution and service provider across several industries. Before 2008 the logistics business of MLL was operated as a division of M&M; serving the transportation and distribution, warehousing and in-factory logistics requirements of M&M.; Mahindra logistics operate in 2 distinct business segments, Supply Chain Management (SCM) and People transport solutions (PTS). Some of the Non Mahindra Clients in SCM and PTS business include Vodafone India,...

Issue Open: Oct 31 - Nov 02, 2017 Issue Open: Oct 31 - Nov 02, 2017, Price Band: Rs. 425 - 429 (A discount of Rs 42 is offered to Eligible Employees), Issue Size: 19,332,346 Equity Shares (Entirely Offer for sale), Offer Size: Rs.821.62 crs - 829.36 crs

Mahindra Logistics Ltd. (MLL) is one of the India's largest third party logistics (3PL) solutions providers in the logistics industry, which was estimated at Rs. 6.4tn in FY17....

Promoted by Mahindra & Mahindra, Mahindra Logistics (MLL), incorporated in 2007, undertook the business of providing logistics solutions, warehousing, freight forwarding and supply chain services. Since then, MLL has now established itself as one of India's largest (in terms of revenue) third-party logistics (3PL) solutions provider. A panIndia network of 24 offices and warehousing capacity of 10 million sq ft enables MLL to provide customised integrated supply chain and people transport solutions to companies across multiple industries. Mahindra group companies, being the anchor client contributes 56% of the total...

The Company will not receive any proceeds of the Offer for Sale by the Selling Shareholder. The objects of the Offer are to achieve the benefits of listing the Equity Shares of the Company on the Stock Exchanges. The listing of the Equity Shares will enhance the Company's brand and provide liquidity to the existing Shareholders. (upto 9,666,173 Equity Shares by Mahindra & Mahindra, up to 9,271,180 Equity Shares by Normandy Holdings and up to...

Incorporated in Aug 2007, Mahindra Logistics is one of the India's largest 3PL solutions providers in the Indian logistics industry. The company believes that its competitive advantage lies in asset-light business model. The technology enabled, asset-light business model allows for scalability of services as well as the flexibility to develop and offer customized logistics solutions across a diverse set of industries. The company operates in...