MAHESHWARI

Maheshwari Logistics Limited

Listed company · ISIN INE263W01010 · NSE EQ · FV ₹10
Last price
₹70
-2.07%today
What this company does

Maheshwari Logistics Limited is a listed company. It booked ₹249 cr of revenue in its latest quarter (Q1 FY27) and kept 1.3% of sales as profit.

Their stated mission

is to provide Dreaming on big challenges and a wide spectrum of industries for significant growth and and innovative provider in the exceptional logistics and paper seeing them through.

In the report:
41out of 100
Equitytale Health Score
Strained

Healthier than 41% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 611–2,858 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
41

At close. Not part of the score.

Profitability & returns41

How much profit it earns on the money it employs

Balance sheet15

How much it owes, and whether earnings cover the interest

Cash quality54

Whether reported profit actually arrives as cash

Growth & consistency48

Whether sales and profit have grown, and how steadily

Valuation16

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 57%
No promoter shares pledged
Watch-outs
! Thin 1.3% net margin
! Sales down 7% vs last year
! Profit down 25% vs last year
! Low 6.1% return on equity
! Carries high debt (D/E 1.3)
! Operating cash flow is negative

What if I invest in MAHESHWARI?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹70 -2.07%
latest close · 2026-09-17
1-year return
-36.5%
52-wk low ₹6452-wk high ₹124
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio15.8Average
LowAverageHigh
P/B ratio0.96Below book
Below bookModerateHigh
EV / EBITDA6.7Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity6.1%Weak
WeakFairStrong ▸15%
Return on capital19.1%Strong
WeakFairStrong
Net margin1.3%Thin
ThinDecentStrong
EBITDA margin7.1%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.26High
LowModerateHigh ▸1
Interest cover1.6×Risky
RiskyOkayStrong ▸5×
Current ratio1.20Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹207 cr
Book value
₹73
EPS
₹1.11
latest quarter
Net debt
₹268 cr
owes more than its cash
Enterprise value
₹475 cr
EBITDA
₹70 cr
annualised
EBIT
₹53 cr
annualised
Operating margin
5.3%
Return on assets
2.0%
Earnings yield
6.34%
P/S
0.21
Sales / share
₹336.5
Tax rate
32.2%
Face value
₹10
Shares
3.0 cr
Working capital
₹73 cr
Current assets
₹444 cr
Current liabilities
₹371 cr
Delivery %
62.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹33 vs market price ₹70 — price is 112% above it
Safety cushion-112.1%(target ≥ +20%)
Models span ₹31₹35, midpoint ₹33
Model ₹33
Price ₹70
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹249 cr
Other Income₹99.5 L
Total Income₹250 cr
Cost of Materials₹40 cr
Purchases of Stock-in-Trade₹155 cr
Inventory Change (±)₹8 cr
Employee Benefit Expense₹5 cr
Finance Costs₹8 cr
Depreciation & Amortisation₹4 cr
Other Expenses₹25 cr
Total Expenses₹245 cr
Profit before Tax₹5 cr
Tax Expense₹2 cr
Net Profit₹3 cr
Net margin on total income1.3%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹202 cr80.9%
Employee benefit expense₹5 cr2.1%
Finance costs₹8 cr3.4%
Depreciation & amortisation₹4 cr1.7%
Other expenses₹25 cr9.9%
Tax expense₹2 cr0.6%
Profit for the period₹3 cr1.3%
Total income ₹250 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue273 cr294 cr249 cr
Total income274 cr295 cr250 cr
Expenses268 cr290 cr245 cr
Profit before tax6 cr6 cr5 cr
Tax2 cr49.4 L2 cr
Net profit (owners' share)4 cr5 cr3 cr
Net margin (owners' share, on revenue)1.4%1.6%1.3%
EPS (₹)1.291.591.11
YoY (latest quarter): total income -7.2% · net profit -24.8%
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹648 cr
Shareholder equity
₹216 cr
parent shareholders
Total debt
₹275 cr
Cash
₹7 cr
Cash flow · H1 FY26
Operating
₹-29 cr
Investing
₹-79.3 L
Financing
₹18 cr
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹0.5
ex 22 Sep 2022
ActionDetailEx-date
Dividend₹0.5 / share22 Sep 2022
Dividend₹0.5 / share22 Sep 2021
Bonus issue1:113 Oct 2020
Dividend₹1.2 / share5 Sep 2019
Who owns it · 2026-06-30
No pledge
Promoter
57.3%
Public
40.8%
Smart-money activity
Insider trades
BoughtMahesh Gopal Kabra HUF · Immediate relative8,250 · ₹6.6 L26 Mar 21
BoughtVINAY MAHESHWARI · Promoters2.80 L · ₹9011 Dec 20
BoughtGulabdevi Jagannath Kabra · Immediate relative2.00 L · ₹3.1 cr27 Jul 20
Bulk / block deals
BoughtMLL EMPLOYEE WELFARE TRUST · NSE1.65 L @ ₹60.2719 Sep 25
SoldMAYA TEXTURISERS PRIVATE LIMITED · NSE1.65 L @ ₹60.2719 Sep 25
BoughtDAMAN GANGA PAPER MILLS P LTD · NSE1.53 L @ ₹66.1929 Oct 24
Stake changes
SoldMaheshwari Infotech LLP · promoter→ 0.00% · 10.16 L26 Apr 19
BoughtGopal Lal Kabra · promoter→ 0.20% · 6,00013 Jun 18
BoughtKrishnavtar Kabra→ 0.18% · 26,0004 May 18
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 30 Sep 2025
See the official result
1
To receive, consider and adopt the Audited Financial Statements (including audited consolidated Financial Statements) of the company for the financial year ended March 31, 2025 which includes the Balance Sheet, Statement of Profit & Loss, Cash Flow Statement as on the date, the Auditor’s Report and Board’s Report thereon.
Backed by 100% of shareholders other than promotersneeded 50%
48.07 L votes for, 10 against
2
To appoint Mr. Neeraj Maheshwari (DIN: 01010325), who retires by rotation and being eligible, offers himself for re-appointment as a director of the company.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
48.07 L votes for, 89 against
3
To consider re-appointment of M/S. Shilpi Thapar & Associates, company secretaries as secretarial auditor for the 5 (five) financial year from 2025-26 to 2029-30.
Backed by 100% of shareholders other than promotersneeded 50%
48.07 L votes for, 89 against
4
Approval of Material Related Party Transaction(s).
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
48.07 L votes for, 89 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 18 named members
owning 57.3% between them · as of 2026-06-30
MUKTA MAHESHWARI19.82%
RADHADEVI PREMNARAYAN MAHESHWARI11.66%
VINAY PREMNARAYAN MAHESHWARI10.66%
MAYA TEXTURISERS PRIVATE LIMITED6.20%
DISHA RESOURCES LIMITED3.38%
NEERAJ MAHESHWARI2.38%
MAHIMA VINAYKUMAR MAHESHWARI1.81%
RACHANA AMIT MAHESHWARI0.41%
Business done with them
FY2025 · 3 of the group
The company paid ₹1 cr to companies in the promoter group last year — about 0.1% of its ₹973 cr revenue.
MUKTA MAHESHWARI
Bought goods from them · RENT DEPOSIT GIVEN
also owns 19.82% of the company
₹1 cr
company paid
NEERAJ MAHESHWARI
Paid them for services · SALARY/RENT
also owns 2.38% of the company
₹14 L
company paid
NEERAJ MAHESHWARI
Leases As Lessor · SALARY/RENT
also owns 2.38% of the company
₹5 L
company received
NEERAJ MAHESHWARI
Leases As Lessee · SALARY/RENT
also owns 2.38% of the company
₹4.8 L
company received
Disha Resources Limited
Leases As Lessor · Rent Received
also owns 3.38% of the company
₹0.6 L
company received
MUKTA MAHESHWARI
Leases As Lessor · RENT DEPOSIT GIVEN
also owns 19.82% of the company
₹0.18 L
company received

The company also transacted with 28 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.