Mahindra Logistics Limited

Founded in 2007 and headquartered in Maharashtra, India.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Mahindra Logistics Profile

Key Indicators

  • Authorised Capital ₹ 105.00 Cr
  • Paid Up Capital ₹ 72.05 Cr
  • Company Age 17 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 95.00 Cr
  • Revenue Growth 22.81%
  • Profit Growth 164.03%
  • Ebitda 53.85%
  • Net Worth 9.24%
  • Total Assets 17.11%

About Mahindra Logistics

Mahindra Logistics Limited (MLL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 August 2007 and has a history of 17 years and five months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540768 and on the National Stock Exchange(NSE) under MAHLOG.

The Company is engaged in the Transport And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 105.00 Cr and a paid-up capital of Rs 72.05 Cr.

The company has closed loans amounting to ₹95.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mahindra Logistics Limited India are Saurabh Taneja as Cfo, Jignesh Parikh as Company Secretary, and Rampraveen Swaminathan as Ceo. Dhananjay Mungale, Ameet Hariani, Ranu Vohra, and Six other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L63000MH2007PLC173466

  • Company No.

    173466

  • Stock Symbol

    BSE : 540768 NSE : MAHLOG

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Aug 2007

  • Date of AGM

    22 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Mahindra Logistics Limited offer?

Mahindra Logistics Limited offers a wide range of products and services, including Transportation Services, Full Truck Load Transport Service, Transport Agents & Bulk Carriers, Goods Transport Services, IT Solutions, E Commerce Application Services, Warehousing Services, Goods Warehousing Service, Clearing & Forwarding Services, Freight Forwarding Services.

Who are the key members and board of directors at Mahindra Logistics?

Executive Team (3)

NameDesignationAppointment DateStatus
Saurabh Taneja Country flag representing In CFO01-Sep-2023Current
Rampraveen Swaminathan Country flag representing In Managing Director04-Feb-2020Current
Jignesh Parikh Country flag representing In Company SecretaryCurrent

Board Members (8)

NameDesignationAppointment DateStatus
Ranu Vohra Country flag representing In Director 25-Jul-2017Current
Naveen Kollaickal Country flag representing In Director 03-Sep-2020Current
Dhananjay Mungale Country flag representing Gb Director 29-Jan-2021Current
Darius Pandole Country flag representing In Director 25-Jul-2017Current
Avani Davda Country flag representing In Director 06-Jun-2018Current
Anish Shah Country flag representing Us Director 02-Apr-2021Current

Financial Performance of Mahindra Logistics.

Mahindra Logistics Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.81% increase. The company also saw a substantial improvement in profitability, with a 164.03% increase in profit. The company's net worth moved up by a moderate rise of 9.24%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
22.81%
Revenue from Operations
22.80%
Total Assets
17.11%
Profit or Loss
164.03%
Net Worth
9.24%
EBITDA
53.85%

What is the Ownership and Shareholding Structure of Mahindra Logistics?

In 2023, Mahindra Logistics had a promoter holding of 58.09% and a public holding of 41.91%. The company had 7 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹95.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 50.00 Cr
  • Others : 22.00 Cr
  • The Dhanalakshmi Bank Ltd : 15.00 Cr
  • The Zoroastrian Co-Operative Bank Limited : 8.00 Cr

Latest Charge Details

DateLenderAmountStatus
14 Sep 2020Others₹22.00 CrSatisfied
18 Jan 2011The Zoroastrian Co-Operative Bank Limited₹8.00 CrSatisfied
01 Jun 2009The Dhanalakshmi Bank Ltd₹15.00 CrSatisfied
13 Oct 2008Hdfc Bank Limited₹50.00 CrSatisfied

How Many Employees Work at Mahindra Logistics?

Mahindra Logistics has a workforce of 4005 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahindra Logistics, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mahindra Logistics's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Mahindra Logistics

Recent activity within the organization

  • Annual General Meeting

    Mahindra Logistics Limited last Annual general meeting of members was held on 22 Jul 2024 as per latest MCA records.

    22 Jul 2024

  • Balance Sheet

    Mahindra Logistics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Ameet Pratapsinh Hariani was appointed as a Director was appointed as a Director on 01 May 2022 & has been associated with this company since 2 years 9 months .

    01 May 2022

  • Charges

    A charge registered on 14 Sep 2020 via Charge ID 100375150 with Others was fully satisfied on 22 Apr 2022.

    22 Apr 2022

  • Charges

    A charge registered on 13 Oct 2008 via Charge ID 10128274 with Hdfc Bank Limited was fully satisfied on 07 Apr 2022.

    07 Apr 2022

  • Charges

    A charge registered on 18 Jan 2011 via Charge ID 10265693 with The Zoroastrian Co-Operative Bank Limited was fully satisfied on 11 Oct 2021.

    11 Oct 2021

Frequently asked questions

  • Mahindra Logistics Limited was incorporated on 24 Aug 2007.

  • The authorized share capital of Mahindra Logistics Limited is ₹ 105.00 Cr and paid-up capital is ₹ 72.05 Cr.

  • Currently 12 directors are associated with Mahindra Logistics Limited.

    • Dhananjay Narendra Mungale
    • Ameet Pratapsinh Hariani
    • Ranu Vohra
    • Darius Dinshaw Pandole
    • Rampraveen Swaminathan
    • Anish Dilip Shah
    • Avani Vishal Davda
    • Naveen Raju Kollaickal
    • Malvika Sahni Sinha
    • Saurabh Taneja
    • Jignesh Ashok Parikh
    • Rampraveen Swaminathan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahindra Logistics Limited is Mahindra Towers P.K. Kurne Chowk Worli, India, Mumbai, Maharashtra, 400018.

  • The corporate identification number (CIN) of Mahindra Logistics Limited is L63000MH2007PLC173466 and the company number is 173466 as per Ministry of Corporate Affairs (MCA).

  • Yes, Mahindra Logistics Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MAHLOG.

  • The Official website of Mahindra Logistics Limited is https://www.mahindralogistics.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mahindra Logistics Limited has risen by 22.81%.

  • As Per 2023 financial reports, 4005 employees are currently employed by Mahindra Logistics Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mahindra Logistics Limited has experienced an upsurge of 9.24%.

  • The most recent Balance Sheet for Mahindra Logistics Limited was filed with the ROC on 31 Mar 2024.

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