PAN-India 3PL running contract logistics, B2B express, last-mile delivery, freight forwarding and mobility.
Price
Market Cap
Sector
Services
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 72 | 72 | 72 | 72 | 72 | 72 | 99 | 99 |
| Reserves | 473 | 496 | 475 | 490 | 420 | 366 | 1.0k | 1.1k |
| Borrowings | 201 | 269 | 402 | 834 | 739 | 869 | 676 | 650 |
| Other Liabilities | 676 | 849 | 1.0k | 1.2k | 1.2k | 1.3k | 1.3k | 1.3k |
| Total Liabilities | 1.4k | 1.7k | 2.0k | 2.6k | 2.5k | 2.6k | 3.1k | 3.1k |
| AssetsFixed Assets | 231 | 361 | 501 | 830 | 836 | 930 | 1.1k | 1.1k |
| CWIP | 15 | 3 | 14 | 4 | 16 | 46 | 24 | 24 |
| Investments | 3 | 55 | 118 | 100 | 6 | 23 | 11 | 125 |
| Other Assets | 1.2k | 1.3k | 1.3k | 1.6k | 1.6k | 1.6k | 2.0k | 1.8k |
| Total Assets | 1.4k | 1.7k | 2.0k | 2.6k | 2.5k | 2.6k | 3.1k | 3.1k |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
MAHLOG · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.