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  3. •

    Air freight/Couriers
Maheshwari Logistics Ltd.

Maheshwari Logistics Ltd.

NNSE:MAHESHWARI
70.00
INR
-0.16
(-0.23%)
5.43EPS
14.02P/E
2.21BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
139.84
180.16
202.99
458
293.98
350.44
256.78
228.46
349.66
388.23
354.09
328.99
375.04
368.97
Basic EPS, GAAP
1.75
1.97
2.47
6.03
3.94
5.09
4.97
3.14
5.79
4.56
4.65
6.13
5.69
5.33
Free Cash Flow per Basic Share
1.28
3.81
-4.79
-31.24
-13.74
4.23
3.85
14.68
-0.81
5.49
1.76
18.11
7.96
- -
Dividend per Share
- -
- -
- -
- -
0.25
0.25
0.6
- -
0.5
0.5
- -
- -
- -
- -
Book Value per Share
12.86
16.1
19.9
31.12
34.69
39.48
43.73
46.88
52.23
56.28
60.87
67.2
74.33
- -
Tangible Book Value per Share
12.86
16.09
19.69
30.93
34.49
39.31
43.59
46.15
51.2
55.14
59.72
66.2
73.43
- -
Basic Weighted Avg Shares
30
30
30
16
30
30
30
30
30
30
30
30
30
30
Sales/Revenue/Turnover
4,139
5,332
6,008
7,380
8,701
10,372
7,600
6,762
10,349
11,490
10,480
9,737
11,100
10,909
Operating Margin (%)
3.44
2.86
4.27
3.16
3.22
4.04
5.21
4.57
4.83
3.84
4.25
5.49
4.84
4.7
Depreciation Expense
35
25
24
49
74
81
119
129
122
118
120
160
174
- -
Net Income, GAAP
52
58
73
97
116
151
147
93
172
135
138
181
168
158
Effective Tax Rate (%)
38.92
38
30.32
38.16
34.9
35.08
27.09
27.7
27.82
26.05
24.53
26.25
27.61
27.74
Profit Margin (%)
1.25
1.1
1.22
1.32
1.34
1.45
1.93
1.37
1.66
1.17
1.31
1.86
1.52
1.44
Working Capital
394
412
512
698
879
371
751
1,038
1,029
995
867
686
726
- -
LT Debt
100
37
141
158
583
729
786
835
918
915
979
731
481
- -
Total Equity
381
476
589
921
1,027
1,169
1,294
1,388
1,545
1,670
1,811
2,010
2,183
- -
Return on Invested Capital (%)
11.74
12.09
14.89
10.51
9.16
11.28
10.8
8.03
9.38
8.11
8.07
8.64
8.03
- -
Return on Capital (%)
12.16
12.75
12.25
9.77
9.24
9.91
9.88
7.35
8.6
7.13
6.87
7.69
6.67
- -
Return on Common Equity (%)
14.76
13.63
13.73
12.87
11.96
13.74
11.94
6.93
11.69
8.4
7.93
9.57
8.12
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
2,277
- -
LT Borrowings
- -
476
- -
LT Finance Leases
- -
5
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
30
29
30
Market Capitalization
1,388
1,261
2,212

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
4,436
- -
Cash, Cash Equivalents & STI
- -
327
- -
Accounts Receivable, Net
- -
1,870
- -
Inventories
- -
1,753
- -
Total Current Liabilities
- -
3,710
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
2,277
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.71%
9.49%
8.58%
Free Cash Flow
29.51%
-16.41%
-56.06%
Net Income, GAAP
13.29%
18.01%
-7.19%
Sales/Revenue/Turnover
8.44%
12.44%
14%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2,500
2,287
2,354
2,590
9,737
2026
2,681
2,751
2,728
2,939
11,100
2027
2,490
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.25
1.34
0.91
2.63
6.13
2026
1.47
1.34
1.29
1.59
5.69
2027
1.11
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Pradeep Kumar Dad
Full Time Employees
648
Sector
Transportation
Industry
Air freight/Couriers
Address
MLL House, Shed No. A2-3/2, Opp. UPL Valsad India 396195
IPO Date
Jan 16, 2017
Website
mlpl.biz
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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.