Mahindra Logistics Limited (NSE:MAHLOG)

Mahindra Logistics Financials Overview

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

Revenue & Profits

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Revenue Revenue Growth	77,875	69,990	61,048	55,060	51,283	41,408
Revenue Growth	20.30%	14.65%	10.88%	7.36%	23.85%	26.87%
Gross Profit Gross Profit Growth	6,212	5,349	4,312	4,065	3,809	2,674
Operating Income Operating Income Growth	1,682	1,028	584.5	245.7	715.3	426.5
Net Income Net Income Growth	750.8	22.9	-358.5	-547.4	262.8	175.6
Earnings Per Share EPS Growth	7.55	0.25	-4.78	-7.60	3.64	2.43
EPS Growth	-	-	-	-	49.79%	-41.59%

Revenue by Segment

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Supply Chain Management Supply Chain Management Growth	73,414	66,130	57,893	51,779	48,677	39,387
Enterprise Mobility Services Enterprise Mobility Services Growth	4,499	3,863	3,156	3,281	2,606	2,021
Total Total Growth	77,878	69,993	61,048	55,060	51,283	41,408

Cash & Debt

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Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Investments Cash & Investments Growth	3,631	3,226	965.8	769.1	1,934	2,516
Total Debt Total Debt Growth	7,207	6,498	8,688	7,393	8,341	4,024
Net Cash (Debt) Net Cash Growth	-3,576	-3,271	-7,722	-6,624	-6,406	-1,508
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share Net Cash Per Share Growth	-35.97	-36.33	-103.04	-91.95	-88.76	-20.89

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Operating Cash Flow Operating Cash Flow Growth	5,225	2,536	3,432	2,269	1,194	1,910
Capital Expenditures CapEx Growth	-1,269	-1,390	-1,809	-709.4	-710.3	-1,062
Free Cash Flow Free Cash Flow Growth	3,956	1,146	1,623	1,559	483.7	847.7
Free Cash Flow Growth	738.69%	-29.37%	4.08%	222.35%	-42.94%	-61.91%

Margins

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Gross Margin	7.98%	7.64%	7.06%	7.38%	7.43%	6.46%
Operating Margin	2.16%	1.47%	0.96%	0.45%	1.40%	1.03%
Pretax Margin	1.59%	0.47%	-0.13%	-0.50%	0.62%	0.64%
Profit Margin	0.96%	0.03%	-0.59%	-0.99%	0.51%	0.42%
FCF Margin	5.08%	1.64%	2.66%	2.83%	0.94%	2.05%

Dividends

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Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Oct 28, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Dividend Per Share Dividend Per Share Growth	2.500	2.500	2.500	2.500	2.500	2.000
Dividend Per Share Growth	0%	0%	0%	0%	25.00%	-20.00%
Dividend Yield	0.58%	0.75%	0.96%	0.61%	0.71%	0.40%

Valuation

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Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Oct 28, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
PE Ratio	57.54	1441.98	-	-	97.04	206.53
Forward PE	29.30	36.82	48.12	83.81	41.75	45.28
P/FCF Ratio	10.89	28.81	11.63	18.89	52.72	42.78
PS Ratio	0.55	0.47	0.31	0.54	0.50	0.88

Data Source: S&P Global Market Intelligence Last updated: Oct 23, 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:

Oct 27, 2026

Data Sources Report a data error