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MFL India Overview

MFL India Ltd. is an Indian public limited company in the transportation, logistics and supply‑chain services sector that provides a range of services including freight transportation, trucking, warehousing, cargo brokerage and freight management across India. The company operates a Pan‑India logistics network with its own fleet of heavy‑weight cargo carriers, high‑capacity trucks and trailers, offering surface, inter‑modal and supply chain solutions for goods such as retail merchandise, two‑wheelers, consumer products, fast‑movin...Read More

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MFL India Key Financials

Market Cap ₹15 Cr.

Stock P/E -18.7

P/B -19.3

Current Price ₹0.4

Book Value ₹ -0

Face Value 1

52W High ₹0.7

Dividend Yield 0%

52W Low ₹ 0.3

MFL India Share Price

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Volume
Price

MFL India Quarterly Price

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MFL India Peer Comparison

MFL India Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 13 14 13 12 13 13 15 14 16 18
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 13 14 13 12 13 13 15 14 16 18
Total Expenditure 12 14 14 11 13 12 14 16 15 17
Operating Profit 0 -0 -1 0 -0 1 1 -2 1 1
Interest 0 0 0 0 -0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 1 1 1
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -0 -0 -1 -0 -0 0 1 -3 1 0
Provision for Tax 0 0 0 0 0 0 1 0 -3 -1
Profit After Tax -0 -0 -1 -0 -0 0 -0 -3 4 1
Adjustments 0 0 -0 0 0 0 0 0 -0 0
Profit After Adjustments -0 -0 -1 -0 -0 0 -0 -3 4 1
Adjusted Earnings Per Share -0 -0 -0 -0 -0 0 -0 -0.1 0.1 0

MFL India Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 127 141 147 59 0 1 16 3 14 54 52 63
Other Income 0 0 0 0 1 33 0 2 0 0 0 0
Total Income 127 141 147 59 1 35 17 5 14 54 53 63
Total Expenditure 120 128 131 89 22 2 13 3 14 55 51 62
Operating Profit 7 13 16 -30 -21 33 3 2 0 -1 2 1
Interest 3 5 7 8 3 0 0 0 0 0 0 0
Depreciation 3 6 8 11 2 0 0 0 0 1 2 3
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 1 2 1 -49 -25 32 3 2 0 -2 0 -1
Provision for Tax 1 1 1 0 0 0 -0 0 0 0 1 -3
Profit After Tax 1 1 -0 -49 -25 32 3 2 0 -2 -1 2
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 1 1 -0 -49 -25 32 3 2 0 -2 -1 2
Adjusted Earnings Per Share 0 0 -0 -1.4 -0.7 0.9 0.1 0 0 -0.1 -0 0

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -4% 159% 120% -9%
Operating Profit CAGR 0% 0% -43% -12%
PAT CAGR 0% NAN% NAN% NAN%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -27% -15% 19% 2%
ROE Average 0% 0% 0% -38%
ROCE Average 1% -5% 19% 104%

MFL India Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 34 35 35 -12 -37 -4 -1 1 1 -2 -3
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 13 22 36 44 7 9 8 0 15 15 18
Other Non-Current Liabilities 3 4 5 0 0 0 1 0 0 0 1
Total Current Liabilities 20 23 33 35 37 1 1 0 3 4 6
Total Liabilities 71 83 108 67 7 5 8 1 18 17 21
Fixed Assets 38 40 49 64 6 2 2 0 8 11 14
Other Non-Current Assets 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 33 43 59 2 1 3 6 0 10 6 7
Total Assets 71 83 108 67 7 5 8 1 18 17 21

MFL India Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 0 0 0 0 0 0 0 0 0 1
Cash Flow from Operating Activities 9 3 0 0 0 0 1 6 -6 5 1
Cash Flow from Investing Activities -23 -8 0 0 0 0 1 2 -8 -4 -5
Cash Flow from Financing Activities 13 5 0 0 0 0 -1 -8 15 -0 3
Net Cash Inflow / Outflow -1 0 0 0 0 0 0 -0 0 1 -1
Closing Cash & Cash Equivalent 0 1 0 0 0 0 0 0 0 1 0

MFL India Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.02 0.02 -0.01 -1.35 -0.7 0.9 0.09 0.05 0 -0.07 -0.02
CEPS(Rs) 0.1 0.2 0.21 -1.06 -0.65 0.91 0.09 0.05 0 -0.04 0.02
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 0.95 0.98 0.97 -0.33 -1.02 -0.12 -0.04 0.01 0.01 -0.05 -0.08
Core EBITDA Margin(%) 5.39 8.96 10.82 -50.41 0 -44.2 18.18 -10.21 0.57 -2.9 2.53
EBIT Margin(%) 3.26 4.52 5.64 -67.95 0 2717.7 18.47 70.97 0.03 -4.57 0.34
Pre Tax Margin(%) 1.1 1.23 0.74 -82.18 0 2717.51 18.46 70.96 0.03 -4.58 0.34
PAT Margin (%) 0.56 0.58 -0.15 -82.18 0 2717.51 18.8 70.96 0.03 -4.58 -1.58
Cash Profit Margin (%) 2.71 5.03 5.03 -64.44 0 2751.6 18.8 70.96 0.96 -2.41 1.55
ROA(%) 1.13 1.06 -0.23 -55.87 -68.16 530.36 48.18 42.89 0.04 -13.86 -4.31
ROE(%) 2.08 2.36 -0.62 -420.32 0 0 0 0 0.8 0 0
ROCE(%) 7.08 8.87 9.35 -49.47 -70.95 1149.32 56.64 53.07 0.06 -17.24 1.28
Receivable days 94.99 88.76 109.94 0 0 146.71 52.71 0 81.01 14.62 15.4
Inventory Days 0 0 9.88 0 0 446.89 22.58 0 10.47 0 0
Payable days 126.95 274.41 53.11 72.71 0 373.14 20.37 18.51 176.99 210.98 5694.29
PER(x) 39.03 18.43 0 0 0 0.21 2.21 30.51 6600 0 0
Price/Book(x) 0.8 0.43 0.3 -0.61 -0.19 -1.56 -5.34 108.57 47.08 -12.93 -7.91
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.47 0.4 0.51 1.37 0 13.1 0.85 21.65 2.8 0.73 0.76
EV/Core EBITDA(x) 8.66 4.49 4.7 -2.72 -2.15 0.48 4.62 30.5 290.46 -30.27 21.79
Net Sales Growth(%) 14.53 11.27 4.49 -59.77 -100 0 1280.64 -84.76 447.24 289.96 -2.51
EBIT Growth(%) 16.81 54.25 30.59 -584.34 44.17 244.27 -90.62 -41.45 -99.74 0 107.25
PAT Growth(%) 4.06 16.11 -126.49 0 48.48 229.28 -90.45 -42.49 -99.78 0 66.32
EPS Growth(%) 3.93 16.26 -126.49 0 48.48 229.29 -90.45 -42.44 -99.8 0 66.28
Debt/Equity(x) 0.94 1.2 1.88 -6.31 -1.03 -2.03 -5.85 0 29.7 -7.63 -6.33
Current Ratio(x) 1.6 1.9 1.8 0.07 0.04 5.4 7.82 9.1 3.61 1.31 1.12
Quick Ratio(x) 1.6 1.9 1.68 0.07 0.04 2.86 7.04 9.1 3.46 1.31 1.12
Interest Cover(x) 1.51 1.37 1.15 -4.78 -8.63 0 2676.47 8915 6.71 -521.55 222.25
Total Debt/Mcap(x) 1.16 2.79 6.29 10.28 5.54 1.3 1.1 0 0.63 0.59 0.8

MFL India Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 0.42 0.42 0.42 0.42 0.42 0.42 0.42 0.42 0.42 0.42
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 99.58 99.58 99.58 99.58 99.58 99.58 99.58 99.58 99.58 99.58
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

MFL India News

MFL India Pros & Cons

Pros

  • Stock is trading at -19.3 times its book value
  • Company is almost debt free.

Cons

  • Promoter holding is low: 0.42%.
  • Company has a low return on equity of 0% over the last 3 years.
  • Debtor days have increased from 210.98 to 5694.29days.
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