Maheshwari Logistics Limited
Maheshwari Logistics Limited, together with its subsidiaries, provides logistics services in India. The company operates through four segments: Trade Division, Coal Division, Paper Division, and Waste Division. It is involved in trading and import of coal; dealing in petcoke and diesel; supplying non-cooking coal; collecting wastepaper products; manufacturing of recycled kraft paper; and trading … Read more
Maheshwari Logistics Limited (MAHESHWARI) - Net Assets
Latest net assets as of September 2025: ₹2.10 Billion INR
Based on the latest financial reports, Maheshwari Logistics Limited (MAHESHWARI) has net assets worth ₹2.10 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹6.50 Billion) and total liabilities (₹4.41 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹2.10 Billion |
| % of Total Assets | 32.22% |
| Annual Growth Rate | 17.6% |
| 5-Year Change | 44.86% |
| 10-Year Change | 241.27% |
| Growth Volatility | 13.09 |
Maheshwari Logistics Limited - Net Assets Trend (2012–2025)
This chart illustrates how Maheshwari Logistics Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Maheshwari Logistics Limited (2012–2025)
The table below shows the annual net assets of Maheshwari Logistics Limited from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹2.01 Billion | +10.99% |
| 2024-03-31 | ₹1.81 Billion | +8.46% |
| 2023-03-31 | ₹1.67 Billion | +8.07% |
| 2022-03-31 | ₹1.55 Billion | +11.35% |
| 2021-03-31 | ₹1.39 Billion | +7.21% |
| 2020-03-31 | ₹1.29 Billion | +10.83% |
| 2019-03-31 | ₹1.17 Billion | +13.53% |
| 2018-03-31 | ₹1.03 Billion | +11.68% |
| 2017-03-31 | ₹921.21 Million | +56.38% |
| 2016-03-31 | ₹589.08 Million | +23.65% |
| 2015-03-31 | ₹476.42 Million | +25.13% |
| 2014-03-31 | ₹380.75 Million | +19.25% |
| 2013-03-31 | ₹319.29 Million | +30.72% |
| 2012-03-31 | ₹244.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Maheshwari Logistics Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3186.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹1.43 Billion | 71.77% |
| Common Stock | ₹295.97 Million | 14.88% |
| Other Components | ₹265.44 Million | 13.35% |
| Total Equity | ₹1.99 Billion | 100.00% |
Maheshwari Logistics Limited Competitors by Market Cap
The table below lists competitors of Maheshwari Logistics Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aldel Financial II Inc. Warrants
NASDAQ:ALDFW
|
$6.24 Million |
|
YBS International Bhd
KLSE:0025
|
$6.24 Million |
|
Indopoly Swakarsa Industry Tbk
JK:IPOL
|
$6.24 Million |
|
Daehan Green Power Corporation
KQ:060900
|
$6.25 Million |
|
Aquaron Acquisition Corp. Units
NASDAQ:AQUNU
|
$6.24 Million |
|
Omineca Mining and Metals Ltd
PINK:OMMSF
|
$6.24 Million |
|
Panamera Holdings Corporation
PINK:PHCI
|
$6.24 Million |
|
Strong Petrochemical Holdings Limited
F:K20A
|
$6.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Maheshwari Logistics Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,801,513,000 to 1,988,936,000, a change of 187,423,000 (10.4%).
- Net income of 181,431,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 1,505,541,000.
- Other factors increased equity by 1,511,533,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹181.43 Million | +9.12% |
| Other Comprehensive Income | ₹-1.51 Billion | -75.7% |
| Other Changes | ₹1.51 Billion | +76.0% |
| Total Change | ₹- | 10.40% |
Book Value vs Market Value Analysis
This analysis compares Maheshwari Logistics Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.66x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 5.40x to 0.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-03-31 | ₹8.25 | ₹44.60 | x |
| 2013-03-31 | ₹10.79 | ₹44.60 | x |
| 2014-03-31 | ₹12.86 | ₹44.60 | x |
| 2015-03-31 | ₹16.10 | ₹44.60 | x |
| 2016-03-31 | ₹19.90 | ₹44.60 | x |
| 2017-03-31 | ₹31.12 | ₹44.60 | x |
| 2018-03-31 | ₹34.76 | ₹44.60 | x |
| 2019-03-31 | ₹39.46 | ₹44.60 | x |
| 2020-03-31 | ₹43.73 | ₹44.60 | x |
| 2021-03-31 | ₹46.88 | ₹44.60 | x |
| 2022-03-31 | ₹52.23 | ₹44.60 | x |
| 2023-03-31 | ₹56.28 | ₹44.60 | x |
| 2024-03-31 | ₹60.87 | ₹44.60 | x |
| 2025-03-31 | ₹67.55 | ₹44.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Maheshwari Logistics Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.12%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.86%
- • Asset Turnover: 1.59x
- • Equity Multiplier: 3.08x
- Recent ROE (9.12%) is below the historical average (10.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 5.63% | 0.42% | 3.47x | 3.86x | ₹-10.69 Million |
| 2013 | 13.37% | 1.26% | 2.84x | 3.74x | ₹10.78 Million |
| 2014 | 13.57% | 1.25% | 2.72x | 4.00x | ₹13.60 Million |
| 2015 | 12.27% | 1.10% | 3.19x | 3.51x | ₹10.79 Million |
| 2016 | 12.41% | 1.22% | 2.76x | 3.70x | ₹14.22 Million |
| 2017 | 10.55% | 1.32% | 2.16x | 3.71x | ₹5.08 Million |
| 2018 | 11.32% | 1.34% | 2.56x | 3.31x | ₹13.60 Million |
| 2019 | 12.91% | 1.45% | 2.78x | 3.19x | ₹33.98 Million |
| 2020 | 11.36% | 1.93% | 2.10x | 2.79x | ₹17.57 Million |
| 2021 | 6.69% | 1.37% | 1.84x | 2.65x | ₹-45.89 Million |
| 2022 | 11.09% | 1.66% | 2.41x | 2.77x | ₹16.92 Million |
| 2023 | 8.09% | 1.17% | 2.40x | 2.88x | ₹-31.74 Million |
| 2024 | 7.63% | 1.31% | 1.92x | 3.03x | ₹-42.65 Million |
| 2025 | 9.12% | 1.86% | 1.59x | 3.08x | ₹-17.46 Million |
Industry Comparison
This section compares Maheshwari Logistics Limited's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $13,780,371,677
- Average return on equity (ROE) among peers: 10.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Maheshwari Logistics Limited (MAHESHWARI) | ₹2.10 Billion | 5.63% | 2.10x | $6.24 Million |
| Accuracy Shipping Limited (ACCURACY) | $735.93 Million | 5.53% | 1.45x | $2.50 Million |
| Allcargo Logistics Limited (ALLCARGO) | $19.82 Billion | 8.65% | 0.72x | $40.62 Million |
| Arshiya Limited (ARSHIYA) | $33.73 Million | 4.42% | 0.38x | $3.52 Million |
| Allcargo Terminals Ltd (ATL) | $154.47 Million | 19.84% | 11.16x | $12.62 Million |
| AVG Logistics Limited (AVG) | $220.53 Million | 20.43% | 2.79x | $17.26K |
| Blue Dart Express Limited (BLUEDART) | $4.91 Billion | -8.53% | 4.38x | $333.76 Million |
| Delhivery Limited (DELHIVERY) | $91.45 Billion | -2.72% | 0.25x | $2.75 Billion |
| Future Supply Chain Solutions Limited (FSC) | $2.39 Billion | 19.23% | 0.44x | $764.81K |
| Gateway Distriparks Limited (GATEWAY) | $17.88 Billion | 13.41% | 0.40x | $275.16 Million |
| Jet Freight Logistics Limited (JETFREIGHT) | $213.79 Million | 24.55% | 2.51x | $4.55 Million |