MFL India share price, P/E, ROE & financials

As of 6 Nov 2026, MFL India trades at 3.0× trailing earnings, below the industry P/E of 13.8×, and the shares are 35% below their 52-week high. It earns ROCE of −8.2%, and sales grew 69% a year over 3 years, though net profit is above operating profit, which points to a one-off gain. Its net worth is negative, as liabilities exceed assets. It is a small-cap company with a market cap of ₹14 Cr, ranked 9th of 9 Trucking companies by market cap; the shares fell 24% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹0.40
Day high: ₹0.40
Day low: ₹0.38
Prev. close: ₹0.39
Volume: 3.2 L

Health check

1 good · 4 to check

ReturnsBehind
−23.5% over a year, better than 1 of 7 peers.
Price tagNegative equity
Book value is below zero, so P/E and P/B mislead here.
GrowthStrong
Sales +68.7%, profit +632.7% a year over 3 years.
ProfitabilityDistorted
With negative net worth, return ratios are meaningless.
Balance sheetStretched
Negative net worth: liabilities exceed assets.
Red flags4 to check
Negative net worth: liabilities exceed assets.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Trucking

8 listed peers. Screen the industry

Small cap

₹14 Cr, #9 of 9 in its industry by size.

Defensive

Beta 0.41 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹65 Cr · profit ₹4 Cr

Market cap: ₹14 Cr; Small cap
P/E: 3.0; Industry 13.8
Price to book: −11.82; Peers 1.39
Dividend yield: 0.00%
ROE: n/a; Peers 4.1%
ROCE: −8.2%; Peers 6.9%
Debt to equity: n/a
EPS (TTM): ₹0.13
OPM (TTM): 0.9%; Net margin 6.7%
Sales growth: −5.7%; Latest quarter vs a year ago
Profit growth: n/a; Year-ago quarter not reported
Price to sales: 0.22

Risks to check

Negative net worth: liabilities exceed assets.
Quarterly sales down 5.7% on a year ago.
Net profit is above operating profit, so a one-off gain is likely flattering earnings.
35% below its 52-week high.

No standout strengths in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About MFL India

MFL India Limited, a transport and logistics company, provides logistics and supply chain services in India. It owns a fleet of mixed high-volume/heavy-weight cargo carriers, as well as high-capacity trucks and trailers. The company also provides freight management, cargo brokerage, and inter-modal services; and ocean, air, and ground transportation services. In addition, it offers bulk material handling, warehousing, infrastructure support, and supply…

Headquarters: Delhi
Sector: Industrials
ISIN: INE244C01020
Website: mflindia.co.in

Price range

52 weeks

₹0.34₹0.60

Today

₹0.38₹0.40

Avg volume (3M): 7.5 L
1-year return: minus 23.5%
From 52-week high: minus 35.0%

Peers · Trucking

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
VRLLOGVRL Logistics	339.05	plus 8.46%	5,931	18.5	10.7	18.8%	12.9%	1.01	6.8%	plus 15.5%
SVLLShree Vasu Logistics	770.90	minus 3.66%	886	123.9	19.7	–	9.7%	5.09	30.6%	plus 4.9%
NECCLTDNorth Eastern Carrying Corporation	17.09	minus 2.51%	179	21.6	16.5	7.8%	6.8%	0.49	0.2%	minus 17.8%
OBCLOBCL	58.88	minus 1.65%	124	–	41.2	−1.6%	−1.5%	0.93	−1.8%	plus 5.4%
CHLOGISTChartered Logistics	7.53	minus 0.66%	96	–	27.2	2.4%	−1.3%	0.33	−5.5%	minus 4.9%
ABCINDQABC India	61.39	plus 6.91%	33	13.8	–	6.1%	−2.2%	0.24	4.2%	minus 29.8%
INTSTOILInter State Oil Carrier	46.00	minus 0.22%	23	9.8	5.7	14.1%	3.9%	1.36	26.0%	plus 42.5%
MFLINDIAMFL India	0.39	0.00%	14	3.0	182.1	−8.2%	0.9%	–	68.7%	minus 23.5%
Median of 7 peers	–	−0.66%	124	18.5	18.1	6.9%	3.9%	0.93	4.2%	4.9%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
14	16	17.8	18.2	13.2
16.6	15.4	17.7	18.3	13.2
−2.6	0.6	0.1	−0.1	−0
−18.4%	3.7%	0.6%	−0.5%	−0.3%
0	0	0	0.1	0
0	0	–	0	0
−2.6	0.6	0.1	−0	−0
–	−544.8%	–	−5445.8%	569.8%
−2.6	3.8	0.1	−0.4	0.2
-0.07	0.11	0.02	-0.01	0.01

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +68.7%
Profit CAGR 3Y: +632.7%
EPS CAGR 3Y: +611.3%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
13.7	53.6	52.3	66
–	+290.0%	minus 2.5%	+26.3%
13.7	55.2	50.7	65.8
0.1	−1.6	1.6	0.2
0.6%	−2.9%	3.0%	0.3%
0	0	0	0.1
0	0	0	0
0.1	1.2	1.6	2.2
0	0.3	0.2	0
0	−2.5	0.2	−1.9
–	–	567.3%	183.7%
0	−2.5	−0.8	1.6
0.00	-0.07	-0.02	0.04

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
36	36	36	36
−35.5	−38	−38.8	−37.2
15	14.9	17.6	24.1
2.8	4.2	6.4	3.2
18.3	17.2	21.3	26.2
8.1	11.4	14.3	16.1
0.4	1.1	0.1	1.3
9.9	4.7	6.9	8.8
18.3	17.2	21.3	26.2

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−6.4	5.3	1.2	−1.2
−8.3	−4.5	−4.9	−4.1
15	−0.1	2.7	6.5
0.3	0.7	−1	1.3
−8.2	−4.8	−6.2	−4
−14.6	0.5	−5	−5.2

Shareholding pattern

This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.

Major shareholders

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you