Synopsis
Mahindra Logistics key Merchandise/Revenue Segments encompass Companies Rendered for the year ending 31-Mar-2021.
AgenciesSharekhan by BNP Paribas has desire call on Mahindra Logistics with a target tag of Rs 580. The fresh market tag of Mahindra Logistics is Rs 437.95.
Mahindra Logistics, incorporated within the year 2007, is a Mid Cap company (having a market cap of Rs 3154.81 Crore) working in Logistics sector.
Mahindra Logistics key Merchandise/Revenue Segments encompass Companies Rendered for the year ending 31-Mar-2021.
Financials
For the quarter ended 31-12-2021, the corporate has reported a Consolidated Total Earnings of Rs 1120.50 Crore, up 9.74% from last quarter Total Earnings of Rs 1021.07 Crore and up 6.87% from last year identical quarter, Total Earnings of Rs 1048.51 Crore. Firm has reported derive profit after tax of Rs 5.07 Crore in most modern quarter.
Funding Rationale
Mahindra Logistics’ operational efficiency is seemingly to be affected within the shut to term on yarn of weak point within the farm and agri sector, chip shortages affecting electronics and appliances sectors, startup charges connected to Bajaj Electrical yarn, and rising diesel prices.
On the opposite hand, the corporate continues to focal level on addition of warehousing capacities, scaling up community companies and products trade, and eyeing capabilities-based fully mostly acquisitions within the logistics house. The company’s 5-year income target of Rs. 10,000 crore stays intact alongside with derive profit margin growth.
The brokerage stays optimistic on the lengthy-term enhance likely for Mahindra Logistics though shut to-term headwinds are inclined to have an influence on its operational profitability.
Promoter/FII Holdings
Promoters held 58.18 per cent stake within the corporate as of 31-Dec-2021, while FIIs owned 21.66 per cent, DIIs 11.09 per cent.
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