MFL India Ltd.
BSE: MFLINDIA · Logistics Solution Provider · sector
Key numbers
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 51 companies in Logistics Solution Provider (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹1 cr vs borrowings ₹24 cr (FY26): borrowings are higher by ₹23 cr.
- Operating profit covered interest 286.4x in the last 12 months.
- Net loss in 3 of the last 6 quarters.
- Other income was 2% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹0.38 on 2026-10-26: -36.7% from the 52-week high, +11.8% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 15 | 14 | 16 | 18 | 18 | 13 |
| EBITDA | 1 | -2 | 1 | 1 | 0 | 1 |
| OPM % | 6.0% | -14.8% | 7.0% | 3.8% | 2.7% | 4.4% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | -0 | -3 | 4 | 1 | -0 | 0 |
| EPS (₹) | 0.01 | 0.00 | 0.11 | 0.02 | 0.01 | 0.01 |
| Revenue YoY | +19.0% | -5.7% | ||||
| Profit YoY | – | – |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY21 | FY22 | FY23 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 16 | 3 | 14 | 52 | 66 | 65 |
| EBITDA | 3 | -0 | 0 | 1 | 0 | 3 |
| Net profit | 3 | 2 | 0 | -1 | 2 | 4 |
| EPS (₹) | 0.09 | – | – | 0.02 | 0.04 | 0.15 |
| Revenue growth | -84.8% | +447.8% | +280.1% | +26.3% | – | |
| Profit growth | -42.6% | -100.0% | – | – | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +197.4% | – | – |
| Net profit | -4.0% | – | – |
| EPS | – | – | – |
| Share price | – | -22.4% (2y) | -22.6% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | -3 | -1 |
| Borrowings | 18 | 24 |
| Cash & equivalents | 0 | 1 |
| Total assets | 21 | 26 |
| Fixed assets | 14 | 16 |
| Capital work in progress | 0 | 0 |
| Investments | 0 | 0 |
| Receivables | 3 | 1 |
| Inventory | 0 | 0 |
| Payables | 5 | 2 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 1 | -1 |
| Cash from investing | -5 | -4 |
| Cash from financing | 3 | 7 |
| Capex | 6 | 4 |
| Free cash flow | -5 | -5 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 29.8% | -131.1% |
| ROCE % | 1.2% | -8.2% |
| Debtor days | 22 | 7 |
| Inventory days | 0 | 0 |
| Payable days | 6,328 | 12 |
| Cash conversion cycle (days) | -6,306 | -5 |
| Working capital days | 5 | 19 |
Peers in Logistics Solution Provider
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| CONCOR | ₹31,348 cr | 25.1x | 2.4x | 9.8% | 13.2% | 21.6% | +3.6% | 2.22% |
| DELHIVERY | ₹28,082 cr | 300.0x | 2.9x | 1.0% | 2.2% | 5.5% | +13.3% | – |
| SHADOWFAX | ₹16,722 cr | 128.7x | 9.6x | 6.4% | 7.5% | 5.0% | – | – |
| BLUEDART | ₹10,124 cr | 35.3x | 5.7x | 17.2% | 23.6% | 15.3% | +5.9% | 0.59% |
| TCI | ₹6,508 cr | 14.2x | 2.5x | 19.4% | 15.8% | 10.6% | +9.1% | 1.08% |
| TVSSCS | ₹4,879 cr | 75.7x | 2.4x | 3.4% | 8.3% | 7.0% | – | – |
| VRLLOG | ₹4,687 cr | 17.6x | 4.1x | 24.0% | 28.1% | 20.4% | +6.7% | 3.73% |
| MAHLOG | ₹3,871 cr | 104.6x | 3.3x | 4.8% | 11.9% | 5.5% | +10.9% | 0.46% |
| AFCOM | ₹3,781 cr | 18.9x | 8.3x | 54.4% | 45.9% | 35.1% | – | – |
| MFLINDIA | ₹14 cr | 2.5x | – | – | 2.9% | 4.4% | +197.4% | – |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Services |
| Industry | Logistics Solution Provider |
| Sub-industry | Logistics Solution Provider |
| Symbol | MFLINDIA |
| BSE code | 526622 |
| ISIN | INE244C01020 |
| Face value | ₹1.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.