Maheshwari Logistics Ltd

MAHESHWARI

Watchlist

AI Mode

‌

Market Cap

₹ 141 Cr

P/E

7.51

‌

‌
‌

‌

‌
‌

Investment Checklist

How to read checklist?

Performance

UNDER PERFORMER

Valuation

UNDERVALUED

Growth

STABLE

Profitability

MODERATE MARGIN

Technicals

Bearish

Risk

LOW RISK

Investment Checklist

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

Price

PE Ratio

Price

‌

Overview

Detailed Summary

Maheshwari Logistics Limited is a diversified company engaged in logistics, coal trading, and paper manufacturing. It was originally established in 2006 and became a public company in 2016.

The company has a significant logistics network, offering full truckload freight services in Gujarat, Rajasthan, Maharashtra, and Madhya Pradesh, supported by a fleet of over 1,000 trucks.

Maheshwari Logistics has extended its operations into coal trading, with capabilities for importing, screening, and distributing coal to customers from a facility in Vapi, Gujarat.

The company's paper manufacturing operations commenced in 2015, focusing on recycled Kraft paper with facilities running in Vapi, expanding its market reach in the paper sector.

The company's diversified structure includes Transport, Trade, and Manufacturing Divisions, allowing it to leverage synergies across logistics, coal trading, and paper production.

Sector

Trading

Industry

Trading - Medium / Small

Market Cap

141 Cr

Volatility

Low Risk

P/E Ratio

7.5

Industry P/E

35.5

PEG Ratio

9.4

P/B Ratio

0.7

52W High

67.90

52W Low

40.85

Sales CAGR

-7.14%

-2.83%

4.59%

10Y

5.21%

Profit CAGR

33.96%

0.80%

3.63%

10Y

10.23%

ROE

TTM

9.05%

8.12%

8.43%

10Y

9.65%

ROCE

TTM

12.11%

16.90%

16.34%

10Y

17.96%

Technicals

‌

Forecasts

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
AUSOMENT	108.05	147 Cr	5.30	0.93	0.92	17.56	20.62	17.06
ANIKINDS	52.98	147 Cr	94.77	0.38	0.00	0.40	0.73	0.33
CHEMKART	120.60	146 Cr	6.00	1.24	0.00	15.71	22.39	13.90
VARIMAN	7.32	144 Cr	66.91	4.03	0.00	4.24	9.08	2.06
MAHESHWARI	47.62	141 Cr	7.51	0.68	0.00	9.05	12.11	2.94
HINDAPL	139.40	140 Cr	1072.31	9.50	0.00	0.90	0.27	0.26
DHOOTIN	213.95	135 Cr	33.96	0.28	0.70	0.83	3.05	0.79

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

AI Mode

Consolidated Quarterly Results (in ₹ Crores)

View Standalone

Total Figures

QoQ Changes

Total Figures

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	271	240	277	261	250	229	235	259	268	275
Expenses	258	225	264	247	236	213	216	240	250	259
Operating Profit	14	14	13	13	14	16	20	19	18	17
OPM %	5.02	6.00	4.66	5.12	5.75	6.94	8.31	7.25	6.63	6.04
Other Income	0.64	0.52	1.78	1.03	0.82	1.52	-0.13	2.70	1.15	2.47
Interest	6.59	6.25	6.99	8.17	7.79	7.76	9.28	7.67	8.83	8.68
Depreciation	2.77	2.79	2.94	3.48	3.55	3.91	4.39	4.18	3.84	4.50
Profit Before Tax	4.88	5.87	4.75	2.72	3.87	5.72	5.76	9.63	6.26	5.90
Tax %	35.45	27.94	34.53	-19.85	6.46	30.59	54.69	14.54	30.67	32.54
Net Profit	3.15	4.23	3.11	3.26	3.62	3.97	2.61	8.22	4.34	3.98
EPS in Rs	1.03	1.33	1.18	1.11	1.25	1.34	0.91	2.63	1.47	1.34

Consolidated Profit Loss (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	889	1,037	760	676	1,035	1,149	1,048	973	991
Expenses	835	991	709	633	983	1,099	994	905	919
Operating Profit	55	46	51	43	52	50	54	69	72
OPM %	6.13	4.45	6.74	6.39	5.02	4.36	5.17	7.05	7.26
Other Income	3.47	3.49	2.20	1.79	2.70	2.49	3.97	4.90	5.24
Interest	13	18	21	19	19	22	28	32	34
Depreciation	7.41	8.14	12	13	12	12	12	16	16
Profit Before Tax	18	23	20	13	24	18	18	25	27
Tax %	34.90	35.08	27.09	27.70	27.82	26.05	24.53	26.25	30.07
Net Profit	12	15	15	9.29	17	13	14	18	19
EPS in Rs	—	—	4.98	3.17	5.79	4.56	4.65	6.13	6.35
Dividend Payout %	12.71	11.78	0.00	15.92	0.00	0.00	0.00	0.00	—

Consolidated Balance Sheet (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	15	15	15	30	30	30	30	30
Reserves	88	102	115	109	125	137	151	169
Borrowings	113	122	132	141	177	207	248	269
Other Liabilities	124	134	100	88	97	106	118	145
Total Liabilities	340	373	361	368	429	479	547	613
Fixed Assets	64	73	117	109	110	107	149	162
CWIP	5.04	38	1.36	4.78	15	37	28	30
Investments	0.00	0.00	0.00	0.00	0.00	3.59	4.29	1.89
Other Assets	271	262	242	254	304	332	366	420
Total Assets	340	373	361	368	429	479	547	613

Consolidated Cash Flows (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	63	31	47	11	38	26	57
Cash from Investing Activity	-49	-20	-6.06	-37	-31	-43	-26
Cash from Financing Activity	-10	-13	-28	15	-7.46	23	-11
Net Cash Flow	3.50	-1.75	13	-11	0.15	6.46	21

Shareholdings

Shareholding History

Quarterly

Yearly

Quarterly

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Promoters	58.12%	58.12%	58.12%	58.09%	58.08%	57.85%	57.83%	57.82%	57.82%	57.85%	57.85%	57.61%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	41.88%	41.88%	41.88%	41.91%	41.92%	42.15%	42.17%	42.18%	42.18%	42.15%	42.15%	42.39%
Total Shareholders	15,749	14,216	16,083	12,757	13,452	13,126	12,830	13,274	13,391	12,959	12,780	12,452

Market Transactions

Date	Party	Category	Type	Avg Price (₹)	Total Value (₹)	Quantity	Percent Traded
Sep 19, 2025	Mll employee welfare trust	Bulk	Buy	60.27	1.00 Cr	1,65,460	0.55
Sep 19, 2025	Maya texturisers private limited	Bulk	Sell	60.27	0.99 Cr	1,65,000	0.55
Oct 29, 2024	Daman ganga paper mills p ltd	Bulk	Buy	66.19	1.01 Cr	1,52,617	0.51
Dec 26, 2023	Kresha kailash gupta	Bulk	Sell	82.99	1.41 Cr	1,70,000	0.57
Dec 19, 2023	Kresha kailash gupta	Bulk	Sell	86.70	1.37 Cr	1,57,691	0.53
Nov 02, 2023	Jainam broking limited	Bulk	Buy	97.07	2.39 Cr	2,46,000	0.83
Oct 11, 2023	Vax enterprise private limited	Bulk	Sell	85.01	1.35 Cr	1,58,607	0.53
Oct 11, 2023	Vax enterprise private limited	Bulk	Buy	85.15	0.02 Cr	2,550	0.00
Sep 26, 2023	Avirat enterprise	Bulk	Sell	86.86	1.00 Cr	1,15,592	0.39
Sep 26, 2023	Avirat enterprise	Bulk	Buy	86.15	1.59 Cr	1,84,670	0.62

Projection

Actions

Action Type

‌
‌

Announcements

Last 7 days

Newest

Sentiment

Sorry, no results found!

Documents

Presentations

Concalls

Reports

Presentations

No documents found!

AI Mode

Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.

AI Mode

Oscillators

BearishNeutralBullish

Neutral

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Bearish

Neutral

Bullish

Moving Averages

BearishNeutralBullish

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Bearish

Neutral

Bullish

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

AI Mode

Consolidated Quarterly Results (in ₹ Crores)

View Standalone

Total Figures

QoQ Changes

Total Figures

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	271	240	277	261	250	229	235	259	268	275
Expenses	258	225	264	247	236	213	216	240	250	259
Operating Profit	14	14	13	13	14	16	20	19	18	17
OPM %	5.02	6.00	4.66	5.12	5.75	6.94	8.31	7.25	6.63	6.04
Other Income	0.64	0.52	1.78	1.03	0.82	1.52	-0.13	2.70	1.15	2.47
Interest	6.59	6.25	6.99	8.17	7.79	7.76	9.28	7.67	8.83	8.68
Depreciation	2.77	2.79	2.94	3.48	3.55	3.91	4.39	4.18	3.84	4.50
Profit Before Tax	4.88	5.87	4.75	2.72	3.87	5.72	5.76	9.63	6.26	5.90
Tax %	35.45	27.94	34.53	-19.85	6.46	30.59	54.69	14.54	30.67	32.54
Net Profit	3.15	4.23	3.11	3.26	3.62	3.97	2.61	8.22	4.34	3.98
EPS in Rs	1.03	1.33	1.18	1.11	1.25	1.34	0.91	2.63	1.47	1.34

Consolidated Profit Loss (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	889	1,037	760	676	1,035	1,149	1,048	973	991
Expenses	835	991	709	633	983	1,099	994	905	919
Operating Profit	55	46	51	43	52	50	54	69	72
OPM %	6.13	4.45	6.74	6.39	5.02	4.36	5.17	7.05	7.26
Other Income	3.47	3.49	2.20	1.79	2.70	2.49	3.97	4.90	5.24
Interest	13	18	21	19	19	22	28	32	34
Depreciation	7.41	8.14	12	13	12	12	12	16	16
Profit Before Tax	18	23	20	13	24	18	18	25	27
Tax %	34.90	35.08	27.09	27.70	27.82	26.05	24.53	26.25	30.07
Net Profit	12	15	15	9.29	17	13	14	18	19
EPS in Rs	—	—	4.98	3.17	5.79	4.56	4.65	6.13	6.35
Dividend Payout %	12.71	11.78	0.00	15.92	0.00	0.00	0.00	0.00	—

Consolidated Balance Sheet (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	15	15	15	30	30	30	30	30
Reserves	88	102	115	109	125	137	151	169
Borrowings	113	122	132	141	177	207	248	269
Other Liabilities	124	134	100	88	97	106	118	145
Total Liabilities	340	373	361	368	429	479	547	613
Fixed Assets	64	73	117	109	110	107	149	162
CWIP	5.04	38	1.36	4.78	15	37	28	30
Investments	0.00	0.00	0.00	0.00	0.00	3.59	4.29	1.89
Other Assets	271	262	242	254	304	332	366	420
Total Assets	340	373	361	368	429	479	547	613

Consolidated Cash Flows (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	63	31	47	11	38	26	57
Cash from Investing Activity	-49	-20	-6.06	-37	-31	-43	-26
Cash from Financing Activity	-10	-13	-28	15	-7.46	23	-11
Net Cash Flow	3.50	-1.75	13	-11	0.15	6.46	21

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
AUSOMENT	108.05	147 Cr	5.30	0.93	0.92	17.56	20.62	17.06
ANIKINDS	52.98	147 Cr	94.77	0.38	0.00	0.40	0.73	0.33
CHEMKART	120.60	146 Cr	6.00	1.24	0.00	15.71	22.39	13.90
VARIMAN	7.32	144 Cr	66.91	4.03	0.00	4.24	9.08	2.06
MAHESHWARI	47.62	141 Cr	7.51	0.68	0.00	9.05	12.11	2.94
HINDAPL	139.40	140 Cr	1072.31	9.50	0.00	0.90	0.27	0.26
DHOOTIN	213.95	135 Cr	33.96	0.28	0.70	0.83	3.05	0.79

Overview

Detailed Summary

Maheshwari Logistics Limited is a diversified company engaged in logistics, coal trading, and paper manufacturing. It was originally established in 2006 and became a public company in 2016.

The company has a significant logistics network, offering full truckload freight services in Gujarat, Rajasthan, Maharashtra, and Madhya Pradesh, supported by a fleet of over 1,000 trucks.

Maheshwari Logistics has extended its operations into coal trading, with capabilities for importing, screening, and distributing coal to customers from a facility in Vapi, Gujarat.

The company's paper manufacturing operations commenced in 2015, focusing on recycled Kraft paper with facilities running in Vapi, expanding its market reach in the paper sector.

The company's diversified structure includes Transport, Trade, and Manufacturing Divisions, allowing it to leverage synergies across logistics, coal trading, and paper production.

Sector

Trading

Industry

Trading - Medium / Small

Market Cap

141 Cr

Volatility

Low Risk

P/E Ratio

7.5

Industry P/E

35.5

PEG Ratio

9.4

P/B Ratio

0.7

52W High

67.90

52W Low

40.85

Sales CAGR

-7.14%

-2.83%

4.59%

10Y

5.21%

Profit CAGR

33.96%

0.80%

3.63%

10Y

10.23%

ROE

TTM

9.05%

8.12%

8.43%

10Y

9.65%

ROCE

TTM

12.11%

16.90%

16.34%

10Y

17.96%