Mahindra Logistics Limited (MAHLOG) — Financial Results

Investor Takeaways

Reported Q4FY26 profit of ₹-7.26 Cr, compared to loss of ₹-11.91 Cr in Q4FY24

Revenue increased to ₹1,594.2 Cr in Q4FY26 from ₹1,450.76 Cr in Q4FY24

OPM improved to 4.62% in Q4FY26 from 3.9% in Q4FY24

⚠️ No specific risks identified in this filing

Overall Tone: Neutral based on the numbers only.

Key Financial Highlights

Metric	Value	YoY Change
Revenue	₹1,594.2 Cr	+9.7%
Net Profit	₹-7.26 Cr	Improved from ₹-11.91 Cr
EBITDA	Not available	Not available
EPS	₹-1.25	Improved from ₹-1.78
OPM	4.62%	Improved from 3.9%

What Changed

The company reported a narrower loss of ₹7.26 Cr in Q4FY26 compared to ₹11.91 Cr loss in the same quarter previous year, indicating year-on-year improvement in profitability. Revenue grew to ₹1,594.2 Cr from ₹1,450.76 Cr in Q4FY24, reflecting operational expansion. Operating profit margin (OPM) increased to 4.62% from 3.9% in the prior year quarter, suggesting better cost management or pricing power. Earnings per share (EPS) improved to ₹-1.25 from ₹-1.78, indicating reduced loss per share. The company participated in an investor roadshow hosted by Elara Capital to present these results and industry updates, with no new financial guidance or risks disclosed. The filing confirms compliance with SEBI Listing Regulations for such investor interactions.

Peer Comparison

Company	P/E	ROE	ROCE	Market Cap (₹ Cr)
Mahindra Logistics	-97.85	Not available	Not available	3,582.43
Adani Ports	30.83	7.75%	12.49%	4,13,583.7
InterGlobe Aviation	27.38	N/A%	N/A%	1,66,838.2
GMR Airports	-139.99	N/A%	N/A%	1,01,989.15

Mahindra Logistics trades at a significantly negative P/E ratio compared to peers, reflecting ongoing losses. Its peers show positive or less negative valuations with Adani Ports at 30.83 and InterGlobe Aviation at 27.38.