Maheshwari Logistics Ltd.
•₹ 73.380.49%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2019 • Transportation & Port Service: 38.4% • Trading in coal & papers & others: 37.6% • Manufacturing Kraft Paper: 24.0%
PROS
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.18x)
- Company generates healthy free cash flow
- Company converts assets efficiently - asset turnover of 1.7x
CONS
- Recent results are weak - TTM profit is down 34.5% versus prior year
- Company has a low return on equity of 8.4% over last 3 years
- Company has a low return on capital employed of 11.7%
- Interest coverage is weak at 1.8x - earnings barely cover interest
- Company has delivered a poor profit growth of 3.6% over past five years
- Company has delivered a poor sales growth of 4.6% over past five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | CONCOR | 518.35 | 31.79 | 39478.47 | 1.66 | 268.90 | 0.61 | 2159.76 | 0.28 | 14.79 | 20.41 |
| 2. | DELHIVERY | 454.05 | 363.67 | 34015.92 | 0.00 | 31.91 | -64.96 | 2930.73 | 27.76 | 3.02 | 4.75 |
| 3. | SHADOWFAX | 254.35 | 133.55 | 14919.18 | 0.00 | 654.00 | 6732.86 | 13581.20 | 1806.32 | 4.90 | 6.76 |
| 4. | BLACKBUCK | 631.25 | 68.11 | 11498.22 | 0.00 | 42.17 | 25.14 | 204.17 | 42.17 | -31.80 | 24.35 |
| 5. | TCI | 906.55 | 15.25 | 6965.13 | 1.10 | 106.60 | -0.56 | 1248.50 | 9.58 | 20.52 | 12.30 |
| 6. | TVSSCS | 123.10 | 83.87 | 5431.46 | 0.00 | 22.48 | -96.84 | 3335.22 | 28.66 | 11.51 | 6.75 |
| 7. | VRLLOG | 231.45 | 0.00 | 4048.92 | 0.00 | 805.30 | 1509.31 | 8788.40 | 1080.70 | 26.47 | 21.23 |
| 8. | MAHLOG | 406.80 | 104.90 | 4036.37 | 0.61 | 27.83 | 394.81 | 2002.88 | 23.29 | 10.40 | 5.76 |
| 9. | SINDHUTRAD | 23.94 | 47.70 | 3691.38 | 0.00 | 38.74 | -79.39 | 129.21 | -21.85 | 12.80 | 45.34 |
| 10. | GATEWAY | 55.05 | 11.26 | 2750.54 | 5.90 | 512.68 | 724.44 | 5492.97 | 897.94 | 17.99 | 21.31 |
| 11. | TCIEXP | 544.00 | 25.36 | 2091.36 | 1.29 | 20.49 | 5.24 | 313.40 | 9.29 | 13.92 | 10.03 |
| 12. | MAHESHWARI | 73.02 | 13.71 | 216.12 | 0.00 | 3.30 | -23.91 | 249.00 | -7.14 | 12.86 | 6.67 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 268 | 234 | 271 | 256 | 245 | 225 | 230 | 249 | 256 | 265 | 262 | 284 | 235 | |
| 254 | 221 | 259 | 243 | 231 | 209 | 212 | 232 | 239 | 250 | 244 | 268 | 231 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 1 | 0 | 2 | 2 | 1 | 2 | 0 | 3 | 1 | 3 | 1 | 2 | 1 |
| Interest | 7 | 6 | 7 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 9 | 8 |
| Depreciation | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| 5 | 5 | 4 | 3 | 4 | 6 | 6 | 7 | 6 | 6 | 6 | 4 | 5 | |
| Tax % | 35.38% | 24.95% | 34.83% | -8.25% | 6.22% | 27.87% | 50.57% | 14.36% | 30.48% | 33.28% | 28.55% | 9.56% | 32.57% |
| Net Profit | 3 | 4 | 3 | 3 | 4 | 5 | 3 | 6 | 4 | 4 | 4 | 4 | 3 |
| 1 | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 0 | |
| Equity Capital | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 268
- 254
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 7
- Depreciation
- 3
- 5
- Tax %
- 35.38%
- Net Profit
- 3
- 1
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 234
- 221
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 6
- Depreciation
- 3
- 5
- Tax %
- 24.95%
- Net Profit
- 4
- 1
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 271
- 259
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 7
- Depreciation
- 3
- 4
- Tax %
- 34.83%
- Net Profit
- 3
- 1
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 256
- 243
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 8
- Depreciation
- 3
- 3
- Tax %
- -8.25%
- Net Profit
- 3
- 1
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 245
- 231
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 8
- Depreciation
- 4
- 4
- Tax %
- 6.22%
- Net Profit
- 4
- 1
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 225
- 209
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 8
- Depreciation
- 4
- 6
- Tax %
- 27.87%
- Net Profit
- 5
- 2
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 230
- 212
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 8
- Depreciation
- 4
- 6
- Tax %
- 50.57%
- Net Profit
- 3
- 1
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 249
- 232
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 8
- Depreciation
- 4
- 7
- Tax %
- 14.36%
- Net Profit
- 6
- 2
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 256
- 239
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 8
- Depreciation
- 4
- 6
- Tax %
- 30.48%
- Net Profit
- 4
- 1
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 265
- 250
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 8
- Depreciation
- 4
- 6
- Tax %
- 33.28%
- Net Profit
- 4
- 1
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 262
- 244
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 8
- Depreciation
- 4
- 6
- Tax %
- 28.55%
- Net Profit
- 4
- 1
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 284
- 268
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 9
- Depreciation
- 4
- 4
- Tax %
- 9.56%
- Net Profit
- 4
- 1
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 235
- 231
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 8
- Depreciation
- 4
- 5
- Tax %
- 32.57%
- Net Profit
- 3
- 0
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 601 | 738 | 870 | 1,037 | 759 | 670 | 1,034 | 1,142 | 1,027 | 948 | 1,045 | |
| 577 | 710 | 835 | 991 | 707 | 627 | 983 | 1,092 | 978 | 884 | 993 | |
| Operating Profit | 28 | 30 | 39 | 50 | 54 | 45 | 55 | 52 | 55 | 70 | — |
| OPM % | 5 | 4 | 4 | 5 | 7 | 7 | 5 | 5 | 5 | 7 | — |
| Other Income | 5 | 2 | 3 | 4 | 2 | 2 | 3 | 2 | 6 | 6 | 7 |
| Interest | 11 | 9 | 13 | 18 | 22 | 20 | 19 | 23 | 26 | 31 | 33 |
| Depreciation | 2 | 5 | 7 | 8 | 12 | 13 | 12 | 12 | 12 | 15 | 17 |
| 10 | 16 | 18 | 23 | 20 | 13 | 24 | 18 | 17 | 24 | 21 | |
| Tax % | 30 | 38 | 35 | 35 | 27 | 27 | 28 | 25 | 24 | 26 | 27 |
| Net Profit | 7 | 10 | 12 | 15 | 15 | 9 | 17 | 14 | 13 | 18 | 15 |
| EPS | 0 | 0 | 0 | 0 | 0 | 3 | 6 | 5 | 4 | 6 | — |
| Dividend Payout % | 0 | 0 | 13 | 12 | 0 | 16 | 9 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 3 | 3 | 4 | 5 | 5 | 3 | 6 | 5 | 4 | 6 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 3 | 3 | 4 | 5 | 5 | 3 | 6 | 5 | 4 | 6 | — |
Mar 2016
- 601
- 577
- Operating Profit
- 28
- OPM %
- 5
- Other Income
- 5
- Interest
- 11
- Depreciation
- 2
- 10
- Tax %
- 30
- Net Profit
- 7
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2017
- 738
- 710
- Operating Profit
- 30
- OPM %
- 4
- Other Income
- 2
- Interest
- 9
- Depreciation
- 5
- 16
- Tax %
- 38
- Net Profit
- 10
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2018
- 870
- 835
- Operating Profit
- 39
- OPM %
- 4
- Other Income
- 3
- Interest
- 13
- Depreciation
- 7
- 18
- Tax %
- 35
- Net Profit
- 12
- EPS
- 0
- Dividend Payout %
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2019
- 1,037
- 991
- Operating Profit
- 50
- OPM %
- 5
- Other Income
- 4
- Interest
- 18
- Depreciation
- 8
- 23
- Tax %
- 35
- Net Profit
- 15
- EPS
- 0
- Dividend Payout %
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2020
- 759
- 707
- Operating Profit
- 54
- OPM %
- 7
- Other Income
- 2
- Interest
- 22
- Depreciation
- 12
- 20
- Tax %
- 27
- Net Profit
- 15
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2021
- 670
- 627
- Operating Profit
- 45
- OPM %
- 7
- Other Income
- 2
- Interest
- 20
- Depreciation
- 13
- 13
- Tax %
- 27
- Net Profit
- 9
- EPS
- 3
- Dividend Payout %
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2022
- 1,034
- 983
- Operating Profit
- 55
- OPM %
- 5
- Other Income
- 3
- Interest
- 19
- Depreciation
- 12
- 24
- Tax %
- 28
- Net Profit
- 17
- EPS
- 6
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2023
- 1,142
- 1,092
- Operating Profit
- 52
- OPM %
- 5
- Other Income
- 2
- Interest
- 23
- Depreciation
- 12
- 18
- Tax %
- 25
- Net Profit
- 14
- EPS
- 5
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2024
- 1,027
- 978
- Operating Profit
- 55
- OPM %
- 5
- Other Income
- 6
- Interest
- 26
- Depreciation
- 12
- 17
- Tax %
- 24
- Net Profit
- 13
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2025
- 948
- 884
- Operating Profit
- 70
- OPM %
- 7
- Other Income
- 6
- Interest
- 31
- Depreciation
- 15
- 24
- Tax %
- 26
- Net Profit
- 18
- EPS
- 6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
TTM
- 1,045
- 993
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 33
- Depreciation
- 17
- 21
- Tax %
- 27
- Net Profit
- 15
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 6%
- 5 Years:
- 5%
- 3 Years:
- -3%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 11%
- 5 Years:
- 4%
- 3 Years:
- 1%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- -7%
- 3 Years:
- 0%
- 1 Year:
- 23%
RETURN ON EQUITY
- 10 Years:
- 11%
- 5 Years:
- 9%
- 3 Years:
- 8%
- Last Year:
- 9%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 5 | 15 | 15 | 15 | 15 | 30 | 30 | 30 | 30 | 30 |
| 54 | 77 | 88 | 102 | 115 | 109 | 125 | 137 | 151 | 169 | |
| 37 | 50 | 55 | 49 | 53 | 41 | 58 | 87 | 111 | 157 | |
| Trade Payables | 93 | 158 | 85 | 89 | 68 | 69 | 78 | 80 | 86 | 111 |
| 29 | 42 | 104 | 119 | 112 | 119 | 139 | 141 | 155 | 122 | |
| Total Liabilities | 218 | 342 | 347 | 374 | 363 | 368 | 430 | 475 | 533 | 587 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 17 | 33 | 64 | 73 | 117 | 109 | 110 | 107 | 147 | 150 | |
| Capital Work in Progress | 2 | 0 | 5 | 38 | 1 | 3 | 13 | 36 | 16 | 19 |
| 0 | 0 | 0 | 3 | 2 | 2 | 2 | 5 | 6 | 6 | |
| 13 | 35 | 59 | 48 | 63 | 80 | 89 | 109 | 133 | 146 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 143 | 151 | |
| Cash & Bank | 14 | 6 | 13 | 15 | 13 | 27 | 16 | 16 | 1 | 22 |
| 171 | 267 | 206 | 197 | 167 | 147 | 199 | 202 | 88 | 93 | |
| Total Assets | 218 | 342 | 347 | 374 | 363 | 368 | 430 | 475 | 533 | 587 |
| Total Debt | 53 | 74 | 130 | 142 | 144 | 138 | 175 | 205 | 239 | 250 |
| Net Working Capital | 51 | 70 | 89 | 34 | 74 | 102 | 101 | 98 | 94 | 74 |
| Contingent Liabilities | 13 | 7 | 1 | 11 | 8 | 12 | 15 | 12 | 35 | 36 |
| Book Value per Share | 109.06 | 62.25 | 69.52 | 78.97 | 87.46 | 46.88 | 52.23 | 56.34 | 60.87 | 67.01 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 53 | 74 | 130 | 142 | 144 | 138 | 175 | 205 | 239 | 250 |
| Net Working Capital | 51 | 70 | 89 | 34 | 74 | 102 | 101 | 98 | 94 | 74 |
| Contingent Liabilities | 13 | 7 | 1 | 11 | 8 | 12 | 15 | 12 | 35 | 36 |
| Book Value per Share | 109.06 | 62.25 | 69.52 | 78.97 | 87.46 | 46.88 | 52.23 | 56.34 | 60.87 | 67.01 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 5
- 54
- 37
- Trade Payables
- 93
- 29
- Total Liabilities
- 218
- 17
- Capital Work in Progress
- 2
- 0
- 13
- 0
- Cash & Bank
- 14
- 171
- Total Assets
- 218
- Total Debt
- 53
- Net Working Capital
- 51
- Contingent Liabilities
- 13
- Book Value per Share
- 109.06
- Face Value
- 10.00
- Total Debt
- 53
- Net Working Capital
- 51
- Contingent Liabilities
- 13
- Book Value per Share
- 109.06
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 15
- 77
- 50
- Trade Payables
- 158
- 42
- Total Liabilities
- 342
- 33
- Capital Work in Progress
- 0
- 0
- 35
- 0
- Cash & Bank
- 6
- 267
- Total Assets
- 342
- Total Debt
- 74
- Net Working Capital
- 70
- Contingent Liabilities
- 7
- Book Value per Share
- 62.25
- Face Value
- 10.00
- Total Debt
- 74
- Net Working Capital
- 70
- Contingent Liabilities
- 7
- Book Value per Share
- 62.25
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 15
- 88
- 55
- Trade Payables
- 85
- 104
- Total Liabilities
- 347
- 64
- Capital Work in Progress
- 5
- 0
- 59
- 0
- Cash & Bank
- 13
- 206
- Total Assets
- 347
- Total Debt
- 130
- Net Working Capital
- 89
- Contingent Liabilities
- 1
- Book Value per Share
- 69.52
- Face Value
- 10.00
- Total Debt
- 130
- Net Working Capital
- 89
- Contingent Liabilities
- 1
- Book Value per Share
- 69.52
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 15
- 102
- 49
- Trade Payables
- 89
- 119
- Total Liabilities
- 374
- 73
- Capital Work in Progress
- 38
- 3
- 48
- 0
- Cash & Bank
- 15
- 197
- Total Assets
- 374
- Total Debt
- 142
- Net Working Capital
- 34
- Contingent Liabilities
- 11
- Book Value per Share
- 78.97
- Face Value
- 10.00
- Total Debt
- 142
- Net Working Capital
- 34
- Contingent Liabilities
- 11
- Book Value per Share
- 78.97
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 15
- 115
- 53
- Trade Payables
- 68
- 112
- Total Liabilities
- 363
- 117
- Capital Work in Progress
- 1
- 2
- 63
- 0
- Cash & Bank
- 13
- 167
- Total Assets
- 363
- Total Debt
- 144
- Net Working Capital
- 74
- Contingent Liabilities
- 8
- Book Value per Share
- 87.46
- Face Value
- 10.00
- Total Debt
- 144
- Net Working Capital
- 74
- Contingent Liabilities
- 8
- Book Value per Share
- 87.46
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 30
- 109
- 41
- Trade Payables
- 69
- 119
- Total Liabilities
- 368
- 109
- Capital Work in Progress
- 3
- 2
- 80
- 0
- Cash & Bank
- 27
- 147
- Total Assets
- 368
- Total Debt
- 138
- Net Working Capital
- 102
- Contingent Liabilities
- 12
- Book Value per Share
- 46.88
- Face Value
- 10.00
- Total Debt
- 138
- Net Working Capital
- 102
- Contingent Liabilities
- 12
- Book Value per Share
- 46.88
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 30
- 125
- 58
- Trade Payables
- 78
- 139
- Total Liabilities
- 430
- 110
- Capital Work in Progress
- 13
- 2
- 89
- 0
- Cash & Bank
- 16
- 199
- Total Assets
- 430
- Total Debt
- 175
- Net Working Capital
- 101
- Contingent Liabilities
- 15
- Book Value per Share
- 52.23
- Face Value
- 10.00
- Total Debt
- 175
- Net Working Capital
- 101
- Contingent Liabilities
- 15
- Book Value per Share
- 52.23
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 30
- 137
- 87
- Trade Payables
- 80
- 141
- Total Liabilities
- 475
- 107
- Capital Work in Progress
- 36
- 5
- 109
- 0
- Cash & Bank
- 16
- 202
- Total Assets
- 475
- Total Debt
- 205
- Net Working Capital
- 98
- Contingent Liabilities
- 12
- Book Value per Share
- 56.34
- Face Value
- 10.00
- Total Debt
- 205
- Net Working Capital
- 98
- Contingent Liabilities
- 12
- Book Value per Share
- 56.34
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 30
- 151
- 111
- Trade Payables
- 86
- 155
- Total Liabilities
- 533
- 147
- Capital Work in Progress
- 16
- 6
- 133
- 143
- Cash & Bank
- 1
- 88
- Total Assets
- 533
- Total Debt
- 239
- Net Working Capital
- 94
- Contingent Liabilities
- 35
- Book Value per Share
- 60.87
- Face Value
- 10.00
- Total Debt
- 239
- Net Working Capital
- 94
- Contingent Liabilities
- 35
- Book Value per Share
- 60.87
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 30
- 169
- 157
- Trade Payables
- 111
- 122
- Total Liabilities
- 587
- 150
- Capital Work in Progress
- 19
- 6
- 146
- 151
- Cash & Bank
- 22
- 93
- Total Assets
- 587
- Total Debt
- 250
- Net Working Capital
- 74
- Contingent Liabilities
- 36
- Book Value per Share
- 67.01
- Face Value
- 10.00
- Total Debt
- 250
- Net Working Capital
- 74
- Contingent Liabilities
- 36
- Book Value per Share
- 67.01
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -3 | -29 | 2 | 64 | 30 | 49 | 9 | 38 | 1 | 57 | |
| Cash from Investing | -6 | -18 | -41 | -52 | -18 | -6 | -35 | -30 | -29 | -18 |
| Cash from Financing | 15 | 39 | 45 | -10 | -13 | -28 | 15 | -8 | 13 | -19 |
| 5 | -8 | 6 | 2 | -2 | 14 | -11 | 0 | -15 | 21 | |
| Free Cash Flow | -3 | -47 | -41 | 20 | 12 | 47 | -13 | 7 | -29 | 36 |
| OCF / Net Profit | -0.46 | -3.00 | 0.19 | 4.26 | 2.03 | 5.23 | 0.51 | 2.81 | 0.05 | 3.27 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -60 | -9 | 25 | 73 | 24 | 49 |
| OCF / Net Profit | -0.46 | -3.00 | 0.19 | 4.26 | 2.03 | 5.23 | 0.51 | 2.81 | 0.05 | 3.27 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -60 | -9 | 25 | 73 | 24 | 49 |
Mar 2016
- -3
- Cash from Investing
- -6
- Cash from Financing
- 15
- 5
- Free Cash Flow
- -3
- OCF / Net Profit
- -0.46
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.46
- Cumulative 5-Year FCF
- 0
Mar 2017
- -29
- Cash from Investing
- -18
- Cash from Financing
- 39
- -8
- Free Cash Flow
- -47
- OCF / Net Profit
- -3.00
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -3.00
- Cumulative 5-Year FCF
- 0
Mar 2018
- 2
- Cash from Investing
- -41
- Cash from Financing
- 45
- 6
- Free Cash Flow
- -41
- OCF / Net Profit
- 0.19
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.19
- Cumulative 5-Year FCF
- 0
Mar 2019
- 64
- Cash from Investing
- -52
- Cash from Financing
- -10
- 2
- Free Cash Flow
- 20
- OCF / Net Profit
- 4.26
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 4.26
- Cumulative 5-Year FCF
- 0
Mar 2020
- 30
- Cash from Investing
- -18
- Cash from Financing
- -13
- -2
- Free Cash Flow
- 12
- OCF / Net Profit
- 2.03
- Cumulative 5-Year FCF
- -60
- OCF / Net Profit
- 2.03
- Cumulative 5-Year FCF
- -60
Mar 2021
- 49
- Cash from Investing
- -6
- Cash from Financing
- -28
- 14
- Free Cash Flow
- 47
- OCF / Net Profit
- 5.23
- Cumulative 5-Year FCF
- -9
- OCF / Net Profit
- 5.23
- Cumulative 5-Year FCF
- -9
Mar 2022
- 9
- Cash from Investing
- -35
- Cash from Financing
- 15
- -11
- Free Cash Flow
- -13
- OCF / Net Profit
- 0.51
- Cumulative 5-Year FCF
- 25
- OCF / Net Profit
- 0.51
- Cumulative 5-Year FCF
- 25
Mar 2023
- 38
- Cash from Investing
- -30
- Cash from Financing
- -8
- 0
- Free Cash Flow
- 7
- OCF / Net Profit
- 2.81
- Cumulative 5-Year FCF
- 73
- OCF / Net Profit
- 2.81
- Cumulative 5-Year FCF
- 73
Mar 2024
- 1
- Cash from Investing
- -29
- Cash from Financing
- 13
- -15
- Free Cash Flow
- -29
- OCF / Net Profit
- 0.05
- Cumulative 5-Year FCF
- 24
- OCF / Net Profit
- 0.05
- Cumulative 5-Year FCF
- 24
Mar 2025
- 57
- Cash from Investing
- -18
- Cash from Financing
- -19
- 21
- Free Cash Flow
- 36
- OCF / Net Profit
- 3.27
- Cumulative 5-Year FCF
- 49
- OCF / Net Profit
- 3.27
- Cumulative 5-Year FCF
- 49
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 13.54 | 6.57 | 7.87 | 10.19 | 9.93 | 3.14 | 5.79 | 4.62 | 4.40 | 5.93 |
| Book Value (₹) | 109.06 | 62.25 | 69.52 | 78.97 | 87.46 | 46.88 | 52.23 | 56.34 | 60.87 | 67.01 |
| Dividend per Share (₹) | 0.00 | 0.00 | 1.00 | 1.20 | 0.00 | 0.50 | 0.50 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 4.49 | 4.94 | 6.44 | 7.84 | 8.98 | 7.48 | 9.92 | 8.62 | 8.44 | 11.07 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 4.66% | 4.03% | 4.35% | 4.80% | 7.05% | 6.74% | 5.27% | 4.59% | 4.78% | 6.80% |
| Net Margin % | 1.21% | 1.30% | 1.31% | 1.45% | 1.94% | 1.38% | 1.66% | 1.19% | 1.27% | 1.85% |
| ROE % | 13.50% | 12.87% | 11.95% | 13.72% | 11.94% | 6.92% | 11.69% | 8.51% | 7.51% | 9.28% |
| ROCE % | 21.64% | 18.07% | 15.71% | 16.96% | 15.67% | 11.78% | 13.97% | 11.59% | 10.86% | 12.65% |
| 3.80% | 3.47% | 3.38% | 4.19% | 3.99% | 2.54% | 4.30% | 3.02% | 2.58% | 3.14% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 82 | 88 | 78 | 50 | 58 | 65 | 45 | 44 | 50 | 56 |
| Inventory Days | 6 | 12 | 19 | 19 | 27 | 39 | 30 | 32 | 43 | 54 |
| Payable Days | 91 | 109 | 77 | 59 | 58 | 52 | 33 | 31 | 37 | 48 |
| -4 | -9 | 20 | 10 | 27 | 51 | 42 | 44 | 56 | 62 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.91x | 0.80x | 1.26x | 1.21x | 1.11x | 0.99x | 1.13x | 1.23x | 1.33x | 1.26x |
| Interest Coverage (x) | 1.98x | 2.67x | 2.33x | 2.26x | 1.93x | 1.64x | 2.27x | 1.80x | 1.67x | 1.76x |
| 1.37x | 1.31x | 1.51x | 1.19x | 1.49x | 1.73x | 1.57x | 1.47x | 1.37x | 1.24x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 12.67% | 22.84% | 17.90% | 19.19% | -26.85% | -11.62% | 54.28% | 10.42% | -10.07% | -7.68% |
| Operating Profit Growth % | 46.34% | 6.63% | 28.94% | 28.61% | 7.49% | -15.51% | 20.61% | -3.76% | 4.67% | 27.62% |
| Net Profit Growth % | 13.18% | 32.91% | 19.83% | 29.44% | -2.50% | -36.85% | 84.74% | -20.29% | -4.73% | 34.87% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -4.73% | 34.87% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 13.99x | 9.36x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.01x | 0.83x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 7.64x | 5.60x |
Mar 2016
- EPS (₹)
- 13.54
- Book Value (₹)
- 109.06
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.49
- Operating Margin %
- 4.66%
- Net Margin %
- 1.21%
- ROE %
- 13.50%
- ROCE %
- 21.64%
- 3.80%
- Debtor Days
- 82
- Inventory Days
- 6
- Payable Days
- 91
- -4
- Debt to Equity (x)
- 0.91x
- Interest Coverage (x)
- 1.98x
- 1.37x
- Revenue Growth %
- 12.67%
- Operating Profit Growth %
- 46.34%
- Net Profit Growth %
- 13.18%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 6.57
- Book Value (₹)
- 62.25
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.94
- Operating Margin %
- 4.03%
- Net Margin %
- 1.30%
- ROE %
- 12.87%
- ROCE %
- 18.07%
- 3.47%
- Debtor Days
- 88
- Inventory Days
- 12
- Payable Days
- 109
- -9
- Debt to Equity (x)
- 0.80x
- Interest Coverage (x)
- 2.67x
- 1.31x
- Revenue Growth %
- 22.84%
- Operating Profit Growth %
- 6.63%
- Net Profit Growth %
- 32.91%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 7.87
- Book Value (₹)
- 69.52
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 6.44
- Operating Margin %
- 4.35%
- Net Margin %
- 1.31%
- ROE %
- 11.95%
- ROCE %
- 15.71%
- 3.38%
- Debtor Days
- 78
- Inventory Days
- 19
- Payable Days
- 77
- 20
- Debt to Equity (x)
- 1.26x
- Interest Coverage (x)
- 2.33x
- 1.51x
- Revenue Growth %
- 17.90%
- Operating Profit Growth %
- 28.94%
- Net Profit Growth %
- 19.83%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 10.19
- Book Value (₹)
- 78.97
- Dividend per Share (₹)
- 1.20
- Cash EPS (₹)
- 7.84
- Operating Margin %
- 4.80%
- Net Margin %
- 1.45%
- ROE %
- 13.72%
- ROCE %
- 16.96%
- 4.19%
- Debtor Days
- 50
- Inventory Days
- 19
- Payable Days
- 59
- 10
- Debt to Equity (x)
- 1.21x
- Interest Coverage (x)
- 2.26x
- 1.19x
- Revenue Growth %
- 19.19%
- Operating Profit Growth %
- 28.61%
- Net Profit Growth %
- 29.44%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 9.93
- Book Value (₹)
- 87.46
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 8.98
- Operating Margin %
- 7.05%
- Net Margin %
- 1.94%
- ROE %
- 11.94%
- ROCE %
- 15.67%
- 3.99%
- Debtor Days
- 58
- Inventory Days
- 27
- Payable Days
- 58
- 27
- Debt to Equity (x)
- 1.11x
- Interest Coverage (x)
- 1.93x
- 1.49x
- Revenue Growth %
- -26.85%
- Operating Profit Growth %
- 7.49%
- Net Profit Growth %
- -2.50%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 3.14
- Book Value (₹)
- 46.88
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 7.48
- Operating Margin %
- 6.74%
- Net Margin %
- 1.38%
- ROE %
- 6.92%
- ROCE %
- 11.78%
- 2.54%
- Debtor Days
- 65
- Inventory Days
- 39
- Payable Days
- 52
- 51
- Debt to Equity (x)
- 0.99x
- Interest Coverage (x)
- 1.64x
- 1.73x
- Revenue Growth %
- -11.62%
- Operating Profit Growth %
- -15.51%
- Net Profit Growth %
- -36.85%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 5.79
- Book Value (₹)
- 52.23
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 9.92
- Operating Margin %
- 5.27%
- Net Margin %
- 1.66%
- ROE %
- 11.69%
- ROCE %
- 13.97%
- 4.30%
- Debtor Days
- 45
- Inventory Days
- 30
- Payable Days
- 33
- 42
- Debt to Equity (x)
- 1.13x
- Interest Coverage (x)
- 2.27x
- 1.57x
- Revenue Growth %
- 54.28%
- Operating Profit Growth %
- 20.61%
- Net Profit Growth %
- 84.74%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 4.62
- Book Value (₹)
- 56.34
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 8.62
- Operating Margin %
- 4.59%
- Net Margin %
- 1.19%
- ROE %
- 8.51%
- ROCE %
- 11.59%
- 3.02%
- Debtor Days
- 44
- Inventory Days
- 32
- Payable Days
- 31
- 44
- Debt to Equity (x)
- 1.23x
- Interest Coverage (x)
- 1.80x
- 1.47x
- Revenue Growth %
- 10.42%
- Operating Profit Growth %
- -3.76%
- Net Profit Growth %
- -20.29%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 4.40
- Book Value (₹)
- 60.87
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 8.44
- Operating Margin %
- 4.78%
- Net Margin %
- 1.27%
- ROE %
- 7.51%
- ROCE %
- 10.86%
- 2.58%
- Debtor Days
- 50
- Inventory Days
- 43
- Payable Days
- 37
- 56
- Debt to Equity (x)
- 1.33x
- Interest Coverage (x)
- 1.67x
- 1.37x
- Revenue Growth %
- -10.07%
- Operating Profit Growth %
- 4.67%
- Net Profit Growth %
- -4.73%
- -4.73%
- P/E (x)
- 13.99x
- P/B (x)
- 1.01x
- Dividend Yield %
- 0.00%
- 7.64x
Mar 2025
- EPS (₹)
- 5.93
- Book Value (₹)
- 67.01
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 11.07
- Operating Margin %
- 6.80%
- Net Margin %
- 1.85%
- ROE %
- 9.28%
- ROCE %
- 12.65%
- 3.14%
- Debtor Days
- 56
- Inventory Days
- 54
- Payable Days
- 48
- 62
- Debt to Equity (x)
- 1.26x
- Interest Coverage (x)
- 1.76x
- 1.24x
- Revenue Growth %
- -7.68%
- Operating Profit Growth %
- 27.62%
- Net Profit Growth %
- 34.87%
- 34.87%
- P/E (x)
- 9.36x
- P/B (x)
- 0.83x
- Dividend Yield %
- 0.00%
- 5.60x
Documents
Announcements
- Copy of Newspaper Publication
2026-08-14 - Maheshwari Logistics Limited has informed the Exchange about Copy of Newspaper Publication
- Outcome of Board Meeting
2026-08-13 - Maheshwari Logistics Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.