Maheshwari Logistics Limited

NSE: MAHESHWARI · Unclassified

₹68.99+1.68%06 Nov 2026

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Instant answers about Maheshwari Logistics Limited — computed from its filings, no language model

Market cap₹204 cr

Current price₹68.99

High / Low₹75 / ₹40

P/E12.8

P/B0.91

Book value₹75.9

ROE7.1%

ROCE11.0%

Debt / equity1.27

Dividend yield—

EPS (TTM)₹5.41

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 7 periods

	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	760	676	1,035	1,149	1,048	973	1,110
EBITDA	51	43	52	50	54	69	70
Operating margin	6.7%	6.4%	5.0%	4.4%	5.2%	7.0%	6.3%
Interest	21	19	19	22	28	32	35
Depreciation	12	13	12	12	12	16	17
Profit before tax	20	13	24	18	18	25	24
Tax	5	4	7	5	4	7	7
Net profit	0	0	0	0	14	18	17
EPS ₹	9.94	3.14	5.85	4.56	4.40	6.13	5.74
Operating cash flow	—	—	11	38	26	57	24
Capex	—	—	38	35	45	30	14
Dividend paid	—	—	1	1	0	0	0
Total assets	—	—	—	479	547	613	648
Equity	—	—	—	167	180	199	216

Quarterly performance

last 27 quarters · ₹ crore

showing latest 8 of 27 periods

	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25*	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	180	186	176	97	140	238	245	251	256	283	286	278	277	271	240	277	261	250	229	235	24	268	275	273	294	249	286
Operating profit	13	14	10	4	10	18	15	13	13	11	11	14	11	14	14	13	13	14	16	20	-1	18	17	18	18	17	17
Operating margin	7.3%	7.4%	5.9%	4.5%	7.4%	7.6%	6.2%	5.1%	4.9%	4.0%	3.9%	5.1%	4.2%	5.0%	6.0%	4.7%	5.1%	5.8%	6.9%	8.3%	-3.3%	6.6%	6.0%	6.5%	6.2%	6.7%	5.8%
Other income	0	1	1	1	1	-1	0	1	1	1	0	1	1	1	1	2	1	1	2	-0	3	1	2	1	1	1	2
Interest	4	6	7	5	4	6	5	4	4	6	5	6	5	7	6	7	8	8	8	9	-2	9	9	8	9	8	8
Depreciation	3	3	4	3	3	3	3	3	3	3	3	3	3	3	3	3	3	4	4	4	-0	4	4	5	4	4	5
Profit before tax	7	5	0	-3	3	8	8	7	6	3	4	6	4	5	6	5	3	4	6	6	4	6	6	6	6	5	6
Tax	-0	2	1	0	0	2	2	2	2	1	1	2	0	2	2	2	-1	0	2	3	-2	2	2	2	0	2	1
Net profit	0	0	0	0	0	0	0	0	0	0	0	5	0	0	4	3	3	0	4	3	5	4	4	4	5	3	4
EPS ₹	4.59	2.11	-0.18	-2.23	2.16	2.02	2.06	1.72	1.58	0.42	0.92	1.55	1.17	1.06	1.33	0.99	1.15	1.25	1.34	0.91	1.72	1.47	1.34	1.29	1.59	1.11	1.42
Revenue YoY	—	—	—	—	-22.5%	35.3%	151.8%	79.9%	—	18.8%	16.8%	10.6%	-2.1%	-5.2%	-13.8%	—	-5.7%	-7.8%	-4.5%	-14.9%	-90.9%	7.2%	20.3%	15.9%	1141.7%	-7.1%	3.9%
Profit YoY	—	—	—	—	—	—	—	—	—	—	—	—	—	—	-8.0%	—	—	—	-5.7%	-8.5%	56.4%	—	1.5%	42.5%	-7.6%	-24.8%	3.7%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 18 periods

	JUN '20	SEP '20	DEC '21	MAR '22	JUN '22	SEP '22	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	—	—	—	—	—	2.8%	4.1%	5.8%	5.8%	5.4%	5.3%	5.9%	8.1%	7.8%	8.4%	7.8%	7.3%	7.1%
ROCE	—	—	—	—	—	11.7%	11.7%	10.8%	10.8%	11.1%	11.8%	9.1%	9.8%	9.2%	9.0%	12.0%	11.6%	11.0%
Net margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.4%	0.7%	1.0%	1.0%	1.0%	1.0%	1.6%	2.1%	2.0%	2.1%	1.5%	1.5%	1.5%
EBITDA margin	6.5%	6.5%	5.9%	5.0%	4.4%	4.5%	4.9%	5.2%	5.4%	5.6%	6.5%	6.6%	6.9%	6.6%	6.1%	6.3%	6.3%	6.3%
Debt / equity	—	—	—	—	—	1.11	1.20	1.38	1.38	1.29	1.29	1.35	1.35	1.46	1.46	1.27	1.27	1.27
Interest coverage	1.43	1.27	2.60	2.28	2.03	1.90	1.77	1.65	1.59	1.56	1.55	1.83	1.89	1.87	1.90	1.67	1.64	1.65
Asset turnover	—	—	—	—	—	2.24	2.01	1.92	1.88	1.74	1.67	1.20	1.23	1.23	1.29	1.71	1.68	1.66

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 9 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	30	30	30	30	30	30	30	30	30
Other equity / reserves	132	137	144	151	159	169	178	186	195
Total equity	162	167	174	180	188	199	207	216	225
Borrowings	179	191	208	248	244	268	303	275	285
Current liabilities	212	213	240	259	297	299	372	371	368
Non-current liabilities	119	100	116	107	96	114	69	59	69
Total assets	493	479	530	547	583	613	650	648	665
Property, plant & equipment	106	104	108	146	167	158	181	184	178
Capital work-in-progress	20	36	42	27	17	30	1	2	0
Investments	4	0	0	4	2	2	2	2	3
Inventories	86	111	109	135	130	152	162	175	164
Receivables	177	142	146	146	162	155	181	187	202
Cash & equivalents	3	3	18	1	6	23	11	7	3

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	11	38	26	57	24
Cash from investing	-37	-31	-43	-26	-10
Cash from financing	15	-7	23	-11	-28
Capex	38	35	45	30	14
Free cash flow	-27	3	-19	27	10
Dividends paid	1	1	0	0	0

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹178 cr27%

Investments

₹3 cr0%

Inventories

₹164 cr25%

Receivables

₹202 cr30%

Cash & equivalents

₹3 cr0%

Other assets

₹115 cr17%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Maheshwari Logistics Limited	204	68.99	12.8	0.91	7.1%

StoxGud checklist: Neutral setup · 5/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-3.1%

6 months+27.5%

1 year+23.0%

3Y CAGR-7.8%

5Y CAGR-6.3%

10Y CAGR—

50-day avg₹71.11

200-day avg₹60.45

RSI (14)38

FAQs

What is the share price of Maheshwari Logistics Limited?

Maheshwari Logistics Limited (MAHESHWARI) closed at ₹68.99 on NSE on 06 Nov 2026.

What is the market cap of Maheshwari Logistics Limited?

₹204 crore at the latest close.

What is the P/E ratio of Maheshwari Logistics Limited?

12.8, on trailing-twelve-month earnings from its filings.

How fast is Maheshwari Logistics Limited growing?

Maheshwari Logistics Limited: revenue has compounded at -1.1% a year over three years. Latest-quarter revenue is up 3.9% year on year, profit up 3.7%.

How profitable is Maheshwari Logistics Limited?

On a trailing-twelve-month basis return on equity is 7.1%, return on capital employed 11.0%, operating margin 6.3%, net margin 1.5%.

How much debt does Maheshwari Logistics Limited have?

Maheshwari Logistics Limited is moderately geared: debt to equity is 1.27 with borrowings of ₹285 cr against cash of ₹3 cr (balance sheet of 2026-09-30). Operating profit covers interest 1.6 times.

Financials parsed from Maheshwari Logistics Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from SEP '19, annual from FY20, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.