Maheshwari Logistics
- Market cap
- ₹ 207 Cr.
- P/E
- 13.2x
- P/B
- 0.96x
- 52-week range
- 39.04 – 77.01
- ROE
- 8%
- ROCE
- 12%
- Dividend yield
- 0%
- Debt / equity
- 1.28
- Sector
- Diversified
- Industry
- Diversified
- Listed on
- NSE
About
Maheshwari Logistics Limited is an India-based company, which is engaged in providing logistics services, supplying non-coking coal, manufacturing kraft paper, wastepaper collection and trading in a variety of papers. The Company's segments include Trading Segment, Transportation & Port Service, and Manufacturing Kraft Paper. It trades in coal/ lignite/pet coke and other fuels. The Company is an authorized dealer of Nayara Energy and procures pet coke from Nayara Energy to supply to its customers in Gujarat and Rajasthan. It primarily offers full truckload (FTL) freight services to large and medium enterprises through its logistics network spread across Gujarat, Rajasthan, Maharashtra, Karnataka and Kerala. It has a fleet of around 114 owned vehicles and has affiliations with 3,000-4,000 third party vehicles. The Company recycles wastepaper to produce kraft papers. It collects wastepaper from different parts of South Gujarat and Maharashtra and recycle them.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Diversified: 14 companies →Maheshwari Logistics against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)13.2 against a typical 15: cheaper than most peers (1st = cheapest).6th of 14
- Sales growth−8.4% against a typical +10.1% from a year earlier.12th of 14
- Profit growth−25.8% against a typical +30.9% from a year earlier.9th of 13
- Share price, 3 months−4.1% against a typical −12.4%.5th of 13
- Size₹ 207.2 Cr. market value against a typical ₹ 62.2 Cr. (1st = largest).6th of 13
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A- by Brickwork- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Brickwork | BWR A - | Stable | 21 Jan 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 21 Jan 2026 | Reaffirmed | BWR A - | — | Brickwork | ₹ 292 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 27 Aug 2026 | Other business matters | 1. To consider and approve the Director s Report for the year ended March 31, 2026.2. To fix date, time and venue of 20th Annual General Meeting of the Company and approve the draft notice of Annual General Meeting.3. To consider and decide book closure date and cut-off date for e-voting purpose.4. To consider and decide date for the commencement of e-voting facility.5. To consider and approve appointment of Ms. Shilpi Thapar of M/s. Shilpi Thapar & Associates, Company Secretaries as Scrutinizer for scrutinizing the remote e-voting process for the Annual General Meeting.6. To consider and approve the Annual Report for the financial year 2025-26.7. Other Matter part of agenda and other agenda if any required with the permission of chair and with the majority of Directors. |
| 13 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 30 May 2026 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters |
| 14 Feb 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 14 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 30 Aug 2025 | Other business matters | To consider other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 234 | 271 | 256 | 245 | 225 | 230 | 249 | 256 | 265 | 262 | 284 | 235 |
| Expenses | 221 | 259 | 243 | 231 | 209 | 212 | 232 | 239 | 250 | 244 | 268 | 219 |
| Operating Profit | 14 | 12 | 13 | 14 | 16 | 18 | 17 | 17 | 15 | 17 | 15 | 16 |
| OPM % | 5.8% | 4.6% | 5.1% | 5.7% | 7% | 7.7% | 6.8% | 6.6% | 5.8% | 6.6% | 5.4% | 6.7% |
| Other Income | 0 | 2 | 2 | 1 | 2 | 0 | 3 | 1 | 3 | 1 | 2 | 1 |
| Interest | 6 | 7 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 9 | 8 |
| Depreciation | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Profit before tax | 5 | 4 | 3 | 4 | 6 | 6 | 7 | 6 | 6 | 6 | 4 | 5 |
| Tax % | 25% | 34.8% | −8.3% | 6.2% | 27.9% | 50.7% | 14.4% | 30.5% | 33.1% | 28.7% | 9.6% | 32.6% |
| Net Profit | 4 | 3 | 3 | 4 | 5 | 3 | 6 | 4 | 4 | 4 | 4 | 3 |
| EPS in Rs | 1.29 | 0.93 | 1.15 | 1.27 | 1.53 | 1.02 | 2.12 | 1.48 | 1.32 | 1.41 | 1.31 | 1.1 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 6%
- 5 Years
- 10%
- 3 Years
- −2%
- TTM
- 9%
- 10 Years
- 7%
- 5 Years
- 12%
- 3 Years
- 6%
- TTM
- −16%
- 10 Years
- —
- 5 Years
- −7%
- 3 Years
- 0%
- TTM
- —
- 10 Years
- 10%
- 5 Years
- 9%
- 3 Years
- 8%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Maheshwari Logistics | ₹ 70.01 | ₹ 207 Cr. | 13.2x | 1x | 8% | — |
| Delhivery | ₹ 370.00 | ₹ 27,724 Cr. | 226x | 3.8x | 1.6% | 1.5% |
| Urban Company | ₹ 132.65 | ₹ 20,457 Cr. | — | 8.9x | −11.9% | −15.1% |
| Indegene | ₹ 570.00 | ₹ 13,763 Cr. | 29.5x | 3.9x | 13.9% | 11.4% |
| BLS International Services | ₹ 208.70 | ₹ 8,593 Cr. | 14.2x | 3.9x | 32.7% | 24.1% |
| Axiscades Technologies | ₹ 1,915.00 | ₹ 8,154 Cr. | 83.3x | 9.1x | 10.5% | 6.2% |
Management
- Neeraj Maheshwari
- Chairman of the Board, Managing Director
- Pradeep Kumar Dad
- Chief Executive Officer
- Arvind Dubey
- Chief Financial Officer
- N. Aparna
- Chief Compliance Officer, Company Secretary
- Amit Kailashnar Maheshwari
- Additional Whole-time Director
- Shubham Maheshwari
- Additional Whole-Time Director
- Vinay Premnaraya Maheshwari
- Additional Whole-time Director
- Charmi Soni
- Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.