Dolat Capital: Slowdown In Auto Segment Hits Mahindra Logistics, Other Segment Remain Resilient
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Dolat Capital Report
Mahindra Logistics Ltd. Annual Report 2020 talks at length about its culture and work ethics.
This ethos was further strengthened with the new MD and CEO, Mr. Rampraveen Swami Nathan, who has a vision to be a Rs 100 billion logistics service provider by FY26.
Amid the prolonged slowdown in auto segment, the company has shifted its focus on the other verticals like consumer, pharma, and e-commerce segments which are showing positive signs.
Further, Mahindra Logistics is one of the large players in the third-party logistics space which is expected to clock 17 -18% compound annual growth rate between FY20-25.
It also eyes on strengthening its freight forwarding segment through its subsidiary Lords Freight India Pvt. Ltd. in freight territories.
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