Mahindra Logistics Share Price Target 2026, 2027, 2030, 2040, 2050
Mahindra Logistics is a well-known Indian logistics company that helps other companies move and store their goods easily. The company provides services like transporting products, managing warehouses, helping inside factories with goods movement, last-mile delivery, B2B express delivery, and transport services for company employees. It works with many industries such as automobile companies, engineering companies, consumer goods brands, pharmaceutical companies, telecom businesses, manufacturing companies, and e-commerce companies.
What is Mahindra Logistics Ltd NSE: MAHLOG?
Mahindra Logistics, established in 2007 in Mumbai, is owned by the Mahindra Group. It is an Indian company that provides logistics and delivery services to many businesses. The company helps move goods from factories to warehouses, shops, and customers. It offers services like transporting products, managing warehouses, last-mile delivery, express delivery, and travel services for company employees. Mahindra Logistics works with many industries, such as automobile companies, e-commerce businesses, consumer goods companies, engineering firms, and pharmaceutical companies, helping them deliver their products smoothly across India and also in some other countries.
It is one of India’s well-known logistics and supply chain companies and is part of the Mahindra Group. The company helps businesses move goods from one place to another in a simple and well-planned way. It provides services like transportation, warehouses to store goods, supply chain support, and travel services for company employees. Many industries, such as automobile, engineering, consumer goods, pharmaceutical, telecom, and e-commerce companies, use its services. In 2026, its share price target would be ₹704, as per stock market analysts.
According to stock market analysts, its share price would be between ₹275 to ₹704 in 2026.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 275 | 704 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 275 | 364 |
| February | 334 | 432 |
| March | 321 | 470 |
| April | 335 | 552 |
| May | 374 | 574 |
| June | 411 | 600 |
| July | 447 | 623 |
| August | 478 | 645 |
| September | 521 | 677 |
| October | 574 | 686 |
| November | 600 | 690 |
| December | 610 | 704 |
Over the years, the company expanded its services and started working with many industries. With the support of the Mahindra Group, it improved its network, technology, and logistics services. The company kept growing by providing better solutions to businesses that need help with transportation, storage, and supply chain management. Today, it works with many companies and corporate customers from different sectors. In 2027, its share price target would be ₹1091, as per stock market analysts.
According to stock market analysts, its share price would be between ₹679 to ₹1091 in 2027.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 679 | 1091 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 679 | 815 |
| February | 700 | 832 |
| March | 721 | 855 |
| April | 744 | 878 |
| May | 774 | 890 |
| June | 765 | 921 |
| July | 785 | 944 |
| August | 821 | 968 |
| September | 856 | 998 |
| October | 887 | 1032 |
| November | 910 | 1068 |
| December | 935 | 1091 |
It mainly provides integrated logistics services. This means the company manages many parts of the supply chain together. It helps move goods from suppliers to factories, stores them in warehouses, and then delivers them to customers. This makes work easier for businesses because they do not need to manage everything on their own. The company helps improve efficiency and reduce delays in deliveries. This makes the supply chain smoother and more reliable. In 2028, its share price target would be ₹1411, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1065 to ₹1411 in 2028.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 1065 | 1411 |
It also provides warehouse services where companies store their products safely before delivery. The company has many warehouses in different locations, which helps businesses store goods closer to their markets. These warehouses are designed to manage products properly and keep them organised. The company also uses technology to track inventory and manage warehouse activities. This helps businesses know how much stock they have and when they need to send products to customers. In 2029, its share price target would be ₹1690, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1380 to ₹1690 in 2029.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 1380 | 1690 |
The company manages the movement of goods through a large transportation network across India. It works with many logistics partners to make sure deliveries arrive on time. Instead of owning many trucks or vehicles, the company follows an asset-light model. This means it uses a network of partners for transportation services. Because of this system, the company can provide flexible and reliable logistics services. In 2030, its share price target would be ₹2070, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1660 to ₹2070 in 2030.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 1660 | 2070 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1660 | 1823 |
| February | 1685 | 1857 |
| March | 1700 | 1889 |
| April | 1722 | 1921 |
| May | 1738 | 1942 |
| June | 1748 | 1966 |
| July | 1774 | 1984 |
| August | 1800 | 2014 |
| September | 1825 | 2025 |
| October | 1852 | 2041 |
| November | 1887 | 2055 |
| December | 1910 | 2070 |
It also provides delivery services that take products directly to customers or retail stores. This is the final step in the delivery process and is called last-mile delivery. The company works to make deliveries faster and more reliable so customers receive their products on time. It manages deliveries even in busy cities and remote areas. This service helps businesses improve customer satisfaction and build trust with their customers. In 2040, its share price target would be ₹5750, as per stock market analysts.
According to stock market analysts, its share price would be between ₹5114 to ₹5750 in 2040.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 5114 | 5750 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 5114 | 5254 |
| February | 5135 | 5274 |
| March | 5174 | 5312 |
| April | 5190 | 5338 |
| May | 5221 | 5374 |
| June | 5245 | 5412 |
| July | 5274 | 5477 |
| August | 5321 | 5556 |
| September | 5352 | 5663 |
| October | 5374 | 5684 |
| November | 5442 | 5741 |
| December | 5511 | 5750 |
It also provides transportation services for company employees. These services help businesses manage daily travel for their staff. For example, the company offers office shuttle services, airport travel, and other transport solutions for employees working in different industries. It uses trained drivers and technology systems to manage these services safely and efficiently. In 2050, its share price target would be ₹10700, as per stock market analysts.
According to stock market analysts, its share price would be between ₹9983 to ₹10700 in 2050.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 9983 | 10700 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 9983 | 10154 |
| February | 10010 | 10221 |
| March | 10110 | 10274 |
| April | 10141 | 10335 |
| May | 10168 | 10410 |
| June | 10189 | 10474 |
| July | 10212 | 10552 |
| August | 10235 | 10610 |
| September | 10374 | 10674 |
| October | 10412 | 10741 |
| November | 10521 | 10856 |
| December | 10668 | 11050 |
Should I buy Mahindra Logistics stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 275 | 704 |
| 2027 | 679 | 1091 |
| 2028 | 1065 | 1411 |
| 2029 | 1380 | 1690 |
| 2030 | 1660 | 2070 |
| 2040 | 5114 | 5750 |
| 2050 | 9983 | 10700 |
The company is part of the Mahindra Group and works in the logistics sector, which is growing in India because more goods are being delivered due to online shopping and business demand. The company’s sales have been increasing, and the stock price has also gone up in the past year, so some investors are interested in it. But the company’s profit is still not very strong, and it has reported losses in recent results, which makes the stock a bit risky compared to some other companies. Because of this, many investors prefer to wait and see how the company performs in the coming results.
Mahindra Logistics earnings results
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
| Sales + | 3,471 | 3,264 | 4,141 | 5,128 | 5,506 | 6,105 | 6,777 |
| Expenses + | 3,313 | 3,129 | 3,956 | 4,868 | 5,275 | 5,820 | 6,436 |
| Operating Profit | 158 | 135 | 184 | 260 | 231 | 284 | 342 |
| OPM % | 5% | 4% | 4% | 5% | 4% | 5% | 5% |
| Other Income + | 14 | 14 | 13 | 16 | 20 | 15 | 8 |
| Interest | 18 | 20 | 30 | 52 | 68 | 81 | 81 |
| Depreciation | 73 | 90 | 142 | 190 | 209 | 226 | 266 |
| Profit before tax | 81 | 39 | 26 | 35 | -26 | -8 | 2 |
| Tax % | 32% | 26% | 43% | 21% | 97% | 292% | |
| Net Profit + | 55 | 29 | 15 | 25 | -53 | -30 | -17 |
| EPS in Rs | 5.60 | 3.05 | 1.78 | 2.65 | -5.53 | -3.61 | -2.48 |
| Dividend Payout % | 19% | 60% | 82% | 68% | -33% | -50% |
Key Metrics
| TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
| -140.48 | 7.62 | 0.52% | 37.36 | 5.51 | 0.74% |
Peers & Comparison
| Stock | PE Ratio | PB Ratio | Dividend Yield |
| Mahindra Logistics Ltd | -96.59 | 7.62 | 0.52% |
| Container Corporation of India Ltd | 25.04 | 2.58 | 2.17% |
| Delhivery Ltd | 189.99 | 3.27 | — |
| Blue Dart Express Ltd | 46.37 | 7.51 | 0.51% |
Is Mahindra Logistics stock good to buy? (bull case & bear case)
Bear Case:
- Its revenue in the last 12 months is around ₹6,700+ crore. This shows the company is making strong sales and its logistics business is growing steadily every year.
- In FY25, the company earned total revenue of around ₹6,100+ crore, which increased from about ₹5,500+ crore in FY24.
- In the December 2025 quarter (Q3 FY25), the company reported sales of about ₹1,898+ crore, which was around 19% higher than the previous year.
- The company works with 400+ corporate customers across different industries like automobile, e-commerce, and consumer goods, which helps maintain regular demand and stable business operations.
- The logistics sector in India is growing fast due to online shopping and supply chain demand, which can help the company increase sales and expand its services in the future.
Bear Case:
- Even though sales are growing, the company reported a net loss of about ₹24+ crore in the last 12 months, which shows that profits are still not very strong.
- In the December 2025 quarter, the company reported a net profit of only ₹3.25+ crore.
- In some recent quarters, profits changed a lot, and the company even reported losses, which shows earnings are not very stable yet.
- The logistics business usually has low profit margins, and costs like fuel, transportation, and operations can reduce profits if expenses increase.
Conclusion
Mahindra Logistics is a logistics company in India that helps businesses move, store, and deliver their goods. It offers services like transport, warehouses, last-mile delivery, and travel services for company employees. Over time, the company’s sales have grown, which shows that its business is slowly expanding and more companies are using its services. Overall, it has potential for long-term growth.
