Mahindra Logistics Ltd (MAHLOG)

Mahindra Logistics Aims for ₹10,000 Crore Revenue by FY26 - 09 May, 2024

Mahindra Logistics is targeting a revenue of ₹10,000 crore in FY26 with the B2B express business expected to contribute significantly. The company plans to reduce its reliance on 3PL and increase focus on building a world-class warehousing network, last mile delivery, freight forwarding, and mobility services. The network services business will play a significant role in financials as it has higher profitability and earnings multiple compared to 3PL.

Mahindra Logistics Dividend Yield Below Industry Average - 26 Apr, 2024

Mahindra Logistics will pay a dividend of ₹2.50 with a yield of 0.5%, below the industry average. The company is not profitable and has seen EPS decline by around 42% per year for the past five years, making it an unattractive dividend stock despite analysts' expectations of a rise in earnings per share.

Mixed Bag for Mahindra Logistics Ltd - 25 Apr, 2024

Mahindra Logistics' Q4FY24 numbers show improvement, but uncertainty around B2B express business clouds medium-term outlook. Analysts maintain price target at INR 445.

Mixed Results for Mahindra Logistics Ltd. - 24 Apr, 2024

Mahindra Logistics reports mixed results for Q4 FY24, with revenue growth but increased losses. Analysts maintain an Accumulate rating with a TP of Rs500 based on 41x FY26E P/E multiple.

Mahindra Logistics Reports Q4 Loss, Shares Rise on CEO Reappointment - 23 Apr, 2024

Mahindra Logistics reported a net loss of Rs 11.91 crore in Q4 FY24 with an 11.9% YoY fall in EBITDA. However, the stock rose 2% after announcing its quarterly report and CEO's reappointment for a five-year term.

Mahindra Logistics Recommends Dividend and Shares Results - 22 Apr, 2024

Mahindra Logistics reports fifth straight quarterly loss due to subdued volume growth in supply chain management. The company recommends a final dividend of Rs 2.50 per equity share for FY24. Investors are keen on the company's performance.

Mahindra Logistics to Launch Community Centre of Excellence - 19 Apr, 2024

Mahindra Logistics has announced plans to launch a Community Centre of Excellence in partnership with the Logistics Skill Council to address the shortage of skilled workers in the logistics sector. The centre will provide skill development training and certification while generating employment opportunities.

Mahindra Logistics Reports Loss for Fourth Consecutive Quarter - 16 Apr, 2024

Prabhudas Lilladher assigns Accumulate rating on Mahindra Logistics with a target price of ₹500. The company reported a consolidated net loss after tax amounting to ₹174.1 million ($2.1 million) for Q4 2023, attributed to increasing expenses and continual downturn in its express cargo segment due to intense competition.