Maheshwari Logistics Limited

Maheshwari Logistics Limited

MAHESHWARI.NS
Maheshwari Logistics LimitedIN flagNational Stock Exchange of India
72.01
INR
-0.24
- -
2.13BMarket Cap
Maheshwari Logistics Limited
MAHESHWARI.NS
(National Stock Exchange of India)

Recent

price

72.01

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
110.4
114.77
139.84
180.16
202.99
458
293.98
350.44
256.78
228.46
349.66
388.23
354.09
328.8
268.02
Revenue per Share
0.46
1.44
1.75
1.97
2.47
6.03
3.94
5.09
4.97
3.14
5.79
4.56
4.65
6.13
3.98
Basic EPS, GAAP
-0.27
2.37
1.28
3.81
-4.79
-31.24
-13.74
4.23
3.85
14.68
-0.81
5.49
1.76
18.11
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
0.25
0.25
0.6
- -
0.5
0.5
- -
- -
- -
Dividend per Share
2.97
4.23
6.13
8.21
11.36
31.51
20.72
25.51
29.76
37.92
10
10
10
10
- -
Book Value per Share
8.25
10.79
12.86
16.09
19.69
56.81
34.49
39.31
43.59
46.15
51.18
55.29
60.05
66.92
- -
Tangible Book Value per Share
30
30
30
30
30
16
30
30
30
30
30
30
30
30
30
Basic Weighted Avg Shares
3,268
3,397
4,139
5,332
6,008
7,380
8,701
10,372
7,600
6,762
10,349
11,490
10,480
9,731
8,161
Sales/Revenue/Turnover
2.63
3.34
3.44
2.86
4.27
3.16
3.22
4.04
5.21
4.57
4.83
3.84
4.25
5.44
4.81
Operating Margin (%)
74
51
35
25
24
49
74
81
119
129
122
118
120
160
- -
Depreciation Expense
14
43
52
58
73
97
116
151
147
93
172
135
138
181
121
Net Income, GAAP
36.17
38.04
38.92
38
30.32
38.16
34.9
35.08
27.09
27.7
27.82
26.05
24.53
26.25
33.72
Effective Tax Rate (%)
0.42
1.26
1.25
1.1
1.22
1.32
1.34
1.45
1.93
1.37
1.66
1.17
1.31
1.86
1.49
Profit Margin (%)
194
288
394
412
512
698
879
371
751
1,038
1,029
995
867
686
- -
Working Capital
116
78
100
37
141
158
583
729
786
835
918
915
979
731
- -
LT Debt
244
319
381
476
589
921
1,027
1,169
1,294
1,388
1,545
1,670
1,811
2,010
- -
Total Equity
- -
10.46
11.74
11.65
18.34
10.35
9.16
11.07
10.78
8.03
11.81
9.25
8.33
8.58
10.93
Return on Invested Capital (%)
- -
15.22
16.56
17.39
16.31
12.84
11.67
11.91
11.68
8.37
11.44
11.34
10.7
11.93
19.57
Return on Capital (%)
- -
40.07
33.71
27.55
25.25
23.03
20.78
22.04
17.97
9.27
24.19
45.55
46.46
61.3
81.96
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
2,462
- -
- -
LT Borrowings
576
- -
- -
LT Finance Leases
6
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
30
- -
- -
Market Capitalization
1,680
1,387
1,322

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
4,450
- -
- -
Cash, Cash Equivalents & STI
353
- -
- -
Accounts Receivable, Net
1,812
- -
- -
Inventories
1,616
- -
- -
Total Current Liabilities
3,720
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
2,462
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.21%
9.22%
10.99%
Free Cash Flow
12.54%
51%
928.55%
Net Income, GAAP
16.52%
12.08%
31.95%
Sales/Revenue/Turnover
8.3%
7.42%
-7.14%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,713
2,395
2,766
2,606
10,480
2025
2,500
2,287
2,354
2,590
9,731
2026
2,681
2,751
2,728
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.03
1.33
0.99
- -
4.65
2025
1.25
1.34
0.91
- -
6.13
2026
1.47
1.34
1.29
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Maheshwari Logistics Limited provides integrated logistics and supply chain services across India, with operations spanning logistics transportation, coal and petcoke trading, kraft paper manufacturing, and waste paper management; it operates a fleet of 89 vehicles serving over 100 clients in sectors including cement, paper, textiles, and fertilizers, manufactures recycled kraft paper including test liners, imitation kraft, brown kraft, fluting, and natural unbleached varieties at a 84,891 metric ton annual capacity facility in Vapi, Gujarat, trades non-coking coal, petcoke, lignite, diesel, and various papers, and manages waste paper recycling. The company, founded in 2006 and headquartered at MLL House, Shed No. A2-3/2, GIDC, Vapi, Gujarat, maintains 10 operational offices primarily in Gujarat and Rajasthan, a dedicated coal screening plant in Vapi, and focuses on industries critical to India's manufacturing and energy growth, targeting domestic markets with exports of paper products. In recent developments, Maheshwari Logistics partnered with Mahindra & Mahindra as an authorized dealer for trucks and buses in South Gujarat, earning the Best Debutant Dealer award in its first year, established an M&M service center with plans for expansion, and was appointed as a dealer for Apollo Tyres to market tyres, tubes, and flaps in Southern Gujarat; it increased its stake in Vidhik Prints Private Limited to bolster kraft paper utilization in mono carton production, commenced commercial trials for a plastic boiler in paper manufacturing pending government clearance, reduced exposure to low-margin waste paper trading, and reported consolidated revenue of Rs 1,04,800 lakh for FY24 with EBITDA up 10.69% to Rs 5,819 lakh despite macroeconomic pressures.