Mahindra Logistics Limited (BOM:540768)

Mahindra Logistics Cash Flow Statement

Financials in millions INR. Fiscal year is April - March.

Operating Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	22.9	-358.5	-547.4	262.8	175.6
Depreciation & Amortization	2,736	2,143	1,943	1,742	1,339
Other Amortization	42.3	119.8	146.6	152.9	78.5
Loss (Gain) From Sale of Assets	11.9	-11.8	19.9	1.1	-1.1
Asset Writedown & Restructuring Costs	-143.8	-13.4	-35.4	-26.5	-3.2
Loss (Gain) From Sale of Investments	-10.9	-6.9	-52.9	-10.1	-14.5
Stock-Based Compensation	54.6	-21.8	28.6	17	33.4
Provision & Write-off of Bad Debts	281.8	117	248	46.8	34.5
Other Operating Activities	103.2	1,369	830.3	-119.7	-239
Change in Accounts Receivable	-578.9	-205.9	-739.3	-1,965	-420.7
Change in Inventory	-	-	4.1	10.2	-14.3
Change in Accounts Payable	16.6	300.5	422.8	1,083	941.9
Operating Cash Flow	2,536	3,432	2,269	1,194	1,910
Operating Cash Flow Growth	-26.10%	51.27%	90.00%	-37.48%	-34.97%

Investing Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-1,390	-1,809	-709.4	-710.3	-1,062
Sale of Property, Plant & Equipment	31	50.3	92.4	86.9	147.9
Cash Acquisitions	-2.5	-	-	-2,689	-
Investment in Securities	-1,830	197	30	165.2	-496.9
Other Investing Activities	47.5	14.1	44.1	47.2	12.6
Investing Cash Flow	-3,162	-1,548	-542.9	-3,100	-1,399

Financing Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Short-Term Debt Issued	-	-	-	1,380	76.7
Long-Term Debt Issued	292.3	2,830	-	2,230	-
Total Debt Issued	292.3	2,830	-	3,609	76.7
Short-Term Debt Repaid	-17.8	-1,130	-655.4	-	-
Long-Term Debt Repaid	-6,255	-2,572	-1,607	-1,463	-1,038
Total Debt Repaid	-6,273	-3,703	-2,263	-1,463	-1,038
Net Debt Issued (Repaid)	-5,981	-872.4	-2,263	2,146	-961.2
Issuance of Common Stock	7,493	0.8	0.1	1.1	5.2
Common Dividends Paid	-180.3	-180.1	-180.1	-143.9	-179.4
Other Financing Activities	-286.1	-425.5	-318.4	-173.7	-39.2
Financing Cash Flow	1,046	-1,477	-2,761	1,829	-1,175

Net Cash Flow

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Miscellaneous Cash Flow Adjustments	-	-	17.4	-	-
Net Cash Flow	420.3	407	-1,018	-76.8	-663.3

Free Cash Flow

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	1,146	1,623	1,559	483.7	847.7
Free Cash Flow Growth	-29.37%	4.08%	222.35%	-42.94%	-61.91%
Free Cash Flow Margin	1.64%	2.66%	2.83%	0.94%	2.05%
Free Cash Flow Per Share	12.73	21.66	21.64	6.70	11.75
Levered Free Cash Flow	1,585	125.05	1,132	746.95	1,019
Unlevered Free Cash Flow	2,054	632.61	1,558	1,069	1,206

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	247.4	425.5	318.4	173.7	39.2
Cash Income Tax Paid	1,001	-251.5	129.4	738.3	625.5
Change in Working Capital	-562.3	94.6	-312.4	-872.4	506.9

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 21, 2026

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