Mahindra Logistics Limited (MAHLOG) - Net Assets
Based on the latest financial reports, Mahindra Logistics Limited (MAHLOG) has net assets worth Rs11.99 Billion INR (≈ $129.70 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs31.08 Billion ≈ $336.12 Million USD) and total liabilities (Rs19.09 Billion ≈ $206.43 Million USD). 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. Also explore total assets of Mahindra Logistics Limited for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs11.99 Billion |
| % of Total Assets | 38.59% |
| Annual Growth Rate | 22.48% |
| 5-Year Change | 119.34% |
| 10-Year Change | 240.27% |
| Growth Volatility | 49.96 |
Mahindra Logistics Limited - Net Assets Trend (2013–2026)
This chart illustrates how Mahindra Logistics Limited's net assets have evolved over time, based on quarterly financial data. Check Mahindra Logistics Limited (MAHLOG) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Mahindra Logistics Limited (2013–2026)
The table below shows the annual net assets of Mahindra Logistics Limited from 2013 to 2026. For live valuation and market cap data, see Mahindra Logistics Limited market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs11.99 Billion ≈ $129.70 Million |
+164.02% |
| 2025-03-31 | Rs4.54 Billion ≈ $49.12 Million |
-9.92% |
| 2024-03-31 | Rs5.04 Billion ≈ $54.53 Million |
-10.01% |
| 2023-03-31 | Rs5.60 Billion ≈ $60.59 Million |
+2.48% |
| 2022-03-31 | Rs5.47 Billion ≈ $59.13 Million |
-4.22% |
| 2021-03-31 | Rs5.71 Billion ≈ $61.73 Million |
+3.77% |
| 2020-03-31 | Rs5.50 Billion ≈ $59.49 Million |
+9.16% |
| 2019-03-31 | Rs5.04 Billion ≈ $54.50 Million |
+18.14% |
| 2018-03-31 | Rs4.27 Billion ≈ $46.13 Million |
+21.03% |
| 2017-03-31 | Rs3.52 Billion ≈ $38.12 Million |
+15.66% |
| 2016-03-31 | Rs3.05 Billion ≈ $32.96 Million |
+13.64% |
| 2015-03-31 | Rs2.68 Billion ≈ $29.00 Million |
+115.65% |
| 2014-03-31 | Rs1.24 Billion ≈ $13.45 Million |
+44.70% |
| 2013-03-31 | Rs859.30 Million ≈ $9.29 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Mahindra 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs992.20 Million | 8.45% |
| Other Components | Rs10.76 Billion | 91.55% |
| Total Equity | Rs11.75 Billion | 100.00% |
Mahindra Logistics Limited Competitors by Market Cap
The table below lists competitors of Mahindra Logistics Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ari Real Estate Arena Investment Ltd
TA:ARIN
|
$446.75 Million |
|
Assembly Biosciences Inc
NASDAQ:ASMB
|
$446.98 Million |
|
63 moons technologies limited
NSE:63MOONS
|
$447.02 Million |
|
Alexander Marine Co Ltd
TW:8478
|
$447.06 Million |
|
Sports Toto Berhad
KLSE:1562
|
$446.60 Million |
|
Djurslands Bank
CO:DJUR
|
$446.53 Million |
|
Strata Critical Medical, Inc.
NASDAQ:SRTA
|
$446.48 Million |
|
West Bancorporation
NASDAQ:WTBA
|
$446.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mahindra Logistics Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 4,378,800,000 to 11,747,800,000, a change of 7,369,000,000 (168.3%).
- Net income of 22,900,000 contributed positively to equity growth.
- Dividend payments of 180,300,000 reduced retained earnings.
- New share issuances of 7,493,100,000 increased equity.
- Other comprehensive income increased equity by 230,399,999.
- Other factors decreased equity by 197,099,999.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs22.90 Million | +0.19% |
| Dividends Paid | Rs180.30 Million | -1.53% |
| Share Issuances | Rs7.49 Billion | +63.78% |
| Other Comprehensive Income | Rs230.40 Million | +1.96% |
| Other Changes | Rs-197.10 Million | -1.68% |
| Total Change | Rs- | 168.29% |
Book Value vs Market Value Analysis
This analysis compares Mahindra 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: 3.25x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 34.07x to 3.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | Rs12.22 | Rs416.30 | x |
| 2014-03-31 | Rs17.68 | Rs416.30 | x |
| 2015-03-31 | Rs37.63 | Rs416.30 | x |
| 2016-03-31 | Rs42.91 | Rs416.30 | x |
| 2017-03-31 | Rs49.43 | Rs416.30 | x |
| 2018-03-31 | Rs59.23 | Rs416.30 | x |
| 2019-03-31 | Rs69.61 | Rs416.30 | x |
| 2020-03-31 | Rs75.82 | Rs416.30 | x |
| 2021-03-31 | Rs78.85 | Rs416.30 | x |
| 2022-03-31 | Rs75.72 | Rs416.30 | x |
| 2023-03-31 | Rs77.82 | Rs416.30 | x |
| 2024-03-31 | Rs68.37 | Rs416.30 | x |
| 2025-03-31 | Rs60.70 | Rs416.30 | x |
| 2026-03-31 | Rs128.25 | Rs416.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mahindra 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): 0.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.03%
- • Asset Turnover: 2.25x
- • Equity Multiplier: 2.65x
- Recent ROE (0.19%) is below the historical average (9.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 28.42% | 1.59% | 5.87x | 3.04x | Rs158.32 Million |
| 2014 | 29.45% | 2.09% | 5.23x | 2.69x | Rs241.82 Million |
| 2015 | 14.84% | 2.03% | 3.72x | 1.96x | Rs127.96 Million |
| 2016 | 12.11% | 1.77% | 3.49x | 1.96x | Rs63.66 Million |
| 2017 | 13.11% | 1.71% | 3.27x | 2.35x | Rs108.23 Million |
| 2018 | 15.26% | 1.87% | 3.46x | 2.35x | Rs220.50 Million |
| 2019 | 17.19% | 2.22% | 3.20x | 2.42x | Rs358.18 Million |
| 2020 | 10.12% | 1.59% | 2.44x | 2.61x | Rs6.55 Million |
| 2021 | 5.28% | 0.92% | 1.94x | 2.96x | Rs-268.06 Million |
| 2022 | 3.21% | 0.43% | 2.09x | 3.61x | Rs-370.88 Million |
| 2023 | 4.68% | 0.51% | 2.01x | 4.55x | Rs-298.87 Million |
| 2024 | -11.12% | -0.99% | 2.22x | 5.03x | Rs-1.04 Billion |
| 2025 | -8.19% | -0.59% | 2.37x | 5.89x | Rs-796.38 Million |
| 2026 | 0.19% | 0.03% | 2.25x | 2.65x | Rs-1.15 Billion |
Industry Comparison
This section compares Mahindra 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: $14,587,570,333
- Average return on equity (ROE) among peers: 11.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mahindra Logistics Limited (MAHLOG) | Rs11.99 Billion | 28.42% | 1.59x | $446.71 Million |
| Accuracy Shipping Limited (ACCURACY) | $53.87 Million | 19.84% | 7.16x | $7.82 Million |
| Allcargo Terminals Ltd (ATL) | $2.18 Billion | 26.41% | 2.60x | $63.46 Million |
| Blue Dart Express Limited (BLUEDART) | $5.78 Billion | 15.54% | 2.14x | $1.39 Billion |
| Delhivery Limited (DELHIVERY) | $96.87 Billion | 1.58% | 0.32x | $3.81 Billion |
| Future Supply Chain Solutions Limited (FSC) | $-1.40 Billion | 0.00% | 0.00x | $1.31 Million |
| Gateway Distriparks Limited (GATEWAY) | $10.26 Billion | 7.25% | 0.16x | $314.16 Million |
| Jet Freight Logistics Limited (JETFREIGHT) | $59.46 Million | 12.24% | 4.96x | $11.38 Million |
| Maheshwari Logistics Limited (MAHESHWARI) | $476.42 Million | 12.27% | 2.51x | $23.37 Million |
| Navkar Corporation Limited (NAVKARCORP) | $17.01 Billion | 5.93% | 0.29x | $168.09 Million |
About Mahindra Logistics Limited
Mahindra Logistics Limited provides integrated logistics and mobility solutions in India and internationally. It operates through two segments, Supply Chain Management (SCM) and Enterprise Mobility Services. The company offers logistics solutions comprising of solutions and services, including warehousing, transportation, and value-added services. It offers contract logistics, express and parcel … Read more