Last Mile Enterprises Ltd (LASTMILE)

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Last Mile Enterprises Ltd (LASTMILE) · mywealthgrid

About

NBFC (₹211 Cr mkt cap) with volatile quarterly results; small-scale player. Recent recovery in Dec 2024 revenue (₹16.19 Cr) suggests possible stabilization, but operational stability remains uncertain.

Face value: ₹1

Market cap

₹191 Cr

P/E

15.9×

P/B

0.5×

Dividend yield

0.4%

ROE

3.1%

ROCE

5.3%

Debt / equity

0.06

OPM

0.6%

EPS (TTM)

₹0.3

Book value

₹11.0

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Revenue swings ₹0.09–₹16.19 Cr quarterly; five loss quarters since Jun 2023 including ₹6.17 Cr loss Jun 2024 — verify asset quality and what triggered sudden losses
ROE 6.49% weak for NBFC; OPM 2% provides zero shock buffer — verify capital efficiency and profitability drivers
Promoter 25.32%, public 60.78%; stock -58.52% YoY — verify if decline reflects governance or operational deterioration beyond quarterly results
Multiple quarters show n/a revenue or extreme margin swings (OPM –606% to +67%) — verify business model consistency and whether margins are sustainable

Generated analysis · source review pending

Growth drivers

Dec 2024 revenue ₹16.19 Cr highest in dataset; if sustained could signal business stabilization and enable asset growth — verify Q4 FY25 results and forward guidance
D/E 0.08 low; headroom to grow lending book without capital constraints — verify management's stated plans for asset expansion
Sep 2024 and Dec 2024 profits (₹7.69 Cr, ₹6.18 Cr) show earning power; if underpinned by improved underwriting rather than one-offs, could sustain growth — verify asset quality metrics

Generated analysis · source review pending

556 historical price candles were omitted because the exchange source has not been verified.

₹5.4-4.6%1Y

Quick read

rule-based

Pros

+Profit CAGR of 37.9% over the last 3 years
+Revenue CAGR of 272.9% over the last 3 years
+Almost debt-free (debt/equity 0.1)

Cons

−Low return on equity of 4.7% (3-yr avg)
−Thin operating margin of 0.6%
−Low dividend payout of 5.9% of profit
−Low promoter holding of 25.3%

Research score

Structured signal from quality, growth, valuation and momentum.

69/100

Business quality: 28
Growth: 100

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	50	131	385	2,592
Interest	1	2	2	3
Expenses	45	133	377	2,578
Financing profit	4	-4	5	11
Financing margin %	8.2%	-3.4%	1.4%	0.4%
Other income	3	8	19	11
Depreciation	0	0	1	2
Profit before tax	7	3	23	20
Tax	3	0	5	5
Tax %	35.3%	11.7%	22.1%	22.3%
PAT	5	3	18	16
EPS (₹)	3.9	1.4	0.4	0.3
EPS adjusted (₹)	0.4	0.1	0.4	0.3
	6.4%	17.4%	4.5%	5.9%
Annual report	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	12	12	17	35	36
Reserves	—	1	80	344	356
Minority interest	—	—	2	14	19
	—	11	40	29	24
	—	21	63	117	99
Total equity & liabilities	—	45	202	539	533
	2	2	9	14	32
CWIP	—	—	0	13	0
Investments	—	3	45	117	121
	—	40	147	396	380
Total assets	—	45	202	539	533

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-7	-22	-197	26
	1	-49	-74	-2
	7	74	270	-24
Net cash flow	0	3	-1	-1
Free cash flow	-7	-27	-198	19
CFO / Operating profit %	-142.2%	—	—	174.3%

Compounded sales growth

7 years: —
5 years: —
3 years: 273%
1 year: 573%

Compounded profit growth

7 years: —
5 years: —
3 years: 51%
1 year: -13%

Return on equity

7 years: —
5 years: —
3 years: 4%
Last year: 4%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	7%	9.6%	1.3%
EBITDA margin %	9.9%	-1.9%	2%	0.6%
EBIT margin %	9.4%	-2.2%	1.8%	0.5%
PAT margin %	9.2%	2.3%	4.7%	0.6%
Working capital
Receivable days	37	64	90	9
Inventory days	44	48	57	6
Payable days	8	82	68	2
NWC days	73	30	79	14
Leverage
Current ratio	1.05	2.32	3.52	3.76
Debt to EBITDA	2.27	—	3.78	1.59
Debt to equity	0.86	0.41	0.08	0.06
Interest coverage	9.5	2.7	10.4	7
Asset turnover	1.11	0.65	0.71	4.87
Return ratios
Return on assets %	10.2%	1.5%	3.3%	2.9%
Return on capital employed %	32.7%	7%	9%	5.3%
Return on equity %	35.3%	3.1%	4.7%	4%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	60.77%	60.77%	47.39%	34.44%	31.95%	27.03%	27.03%	27.03%	25.33%	25.16%	25.32%	25.32%
	0.33%	1.01%	8.46%	17.04%	14.48%	12.25%	13.4%	13.46%	14.68%	14.58%	14.4%	13.9%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	38.9%	38.22%	44.15%	48.52%	53.57%	60.72%	59.57%	59.51%	59.99%	60.26%	60.28%	60.78%
No. of shareholders	—	—	—	—	—	—	—	—	4,431	4,904	5,444	5,627

Promoter holding down 35.45 percentage points since Sep 2023.

8 deals · 1 Nov 2023 – 25 Mar 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
25 Mar 2026	ALL TRADE CONSULTANTS PRIVATE LIMITED	Bulk	BSE	Buy	40,00,000	₹3.20	₹1.28 Cr
25 Mar 2026	OVATA EQUITY STRATEGIES MASTER FUND	Bulk	BSE	Sell	25,26,765	₹3.17	₹0.80 Cr
25 Mar 2026	PAWAN KUMAR MORE	Bulk	BSE	Sell	20,17,845	₹3.14	₹0.63 Cr
24 Mar 2026	ALL TRADE CONSULTANTS PRIVATE LIMITED	Bulk	BSE	Buy	36,73,311	₹3.16	₹1.16 Cr
8 Sept 2025	NAUTILUS PRIVATE CAPITAL LTD	Bulk	BSE	Buy	43,02,923	₹12.20	₹5.25 Cr
8 Sept 2025	RISHI HITEN PARIKH	Bulk	BSE	Sell	42,93,663	₹12.20	₹5.24 Cr
1 Nov 2023	PATEL SITABEN JAYANTILAL	Bulk	BSE	Sell	1,00,000	₹190.01	₹1.90 Cr
1 Nov 2023	NAV CAPITAL VCC - NAV CAPITAL EMERGING STAR FUND	Bulk	BSE	Buy	1,00,000	₹190.00	₹1.90 Cr

1–8 of 8

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. HEMRAJSINH SURENDRASINH VEGHELANon-Executive - Non Independent Director-Chairperson
Mr. HARISHKUMAR BHALCHANDRA RAJPUTExecutive Director-MD
Mr. SURENDRASINH BAHADURSINH JHALANon-Executive - Independent Director
Mrs. BHARTI HASMUKHBHAI SHARMANon-Executive - Independent Director
Mr. AMIT GULATINon-Executive - Independent Director
Mr. BRIJENDRA MARKANDEY PANDEYNon-Executive - Non Independent Director
Ms. Nidhi BansalCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Last Mile Enterprises Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Documents link to external sources (exchange filings, company investor pages).

Loading documents…

Events

Upcoming dates and the company’s corporate-action history.

4

Final dividend23 Sept 2026 · ex-date₹0.02
Final dividend23 Sept 2025 · ex-date₹0.02
Final dividend20 Sept 2024 · ex-date₹0.25
Final dividend22 Sept 2023 · ex-date₹0.25

1

Board meeting to consider results14 Aug 2026

1

Face value ₹10 → ₹121 Mar 2025 · ex-date

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

15 announcementsExport CSV

1 Oct 2026, 12:18 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

1 Oct 2026, 12:02 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

30 Sept 2026, 12:36 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

8 Sept 2026, 5:14 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

7 Sept 2026, 7:07 pmCorp. Action

INTIMATION OF RECORD DATE

Record Date PDF

7 Sept 2026, 7:04 pmCorp. Action

Announcement under Regulation 30 (LODR)-Date of payment of Dividend

Date of payment of Dividend PDF

7 Sept 2026, 7:00 pmCorp. Action

INTIMATION OF BOOK CLOSURE

Book Closure PDF

7 Sept 2026, 6:55 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

Date	Category	Subject	Filing
1 Oct 2026, 12:18 pm	Company Update Change in Management	Announcement under Regulation 30 (LODR)-Change in Management	PDF
1 Oct 2026, 12:02 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

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Ratio	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	7%	9.6%	1.3%
EBITDA margin %	9.9%	-1.9%	2%	0.6%
EBIT margin %	9.4%	-2.2%	1.8%	0.5%
PAT margin %	9.2%	2.3%	4.7%	0.6%
Working capital
Receivable days	37	64	90	9
Inventory days	44	48	57	6
Payable days	8	82	68	2
NWC days	73	30	79	14
Leverage
Current ratio	1.05	2.32	3.52	3.76
Debt to EBITDA	2.27	—	3.78	1.59
Debt to equity	0.86	0.41	0.08	0.06
Interest coverage	9.5	2.7	10.4	7
Asset turnover	1.11	0.65	0.71	4.87
Return ratios
Return on assets %	10.2%	1.5%	3.3%	2.9%
Return on capital employed %	32.7%	7%	9%	5.3%
Return on equity %	35.3%	3.1%	4.7%	4%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Shriram Finance LimitedSHRIRAMFINSHRIRAMFIN	₹1,77,811 Cr	₹4,28,503 Cr	₹49,997 Cr	₹36,981 Cr	73.7%	₹11,318 Cr	20.8%	—	16.4%	—
Tata Capital LimitedTATACAPTATACAP	₹1,35,540 Cr	₹3,71,517 Cr	₹32,695 Cr	₹24,219 Cr	73.2%	₹5,404 Cr	15.5%	—	13.3%	—
Cholamandalam Investment And Finance Company LimitedCHOLAFINCHOLAFIN	₹1,33,352 Cr	₹3,45,452 Cr	₹32,663 Cr	₹22,399 Cr	68.2%	₹5,751 Cr	16.8%	—	19.3%	—
Muthoot Finance LimitedMUTHOOTFINMUTHOOTFIN	₹1,08,289 Cr	₹2,60,075 Cr	₹33,431 Cr	₹27,558 Cr	81.4%	₹11,373 Cr	34%	—	30.9%	—
L&T Finance LimitedLTFLTF	₹66,238 Cr	₹1,76,126 Cr	₹18,928 Cr	₹11,603 Cr	61.1%	₹3,226 Cr	16.7%	—	11.2%	—
Sbi Cards And Payment Services LimitedSBICARDSBICARD	₹53,594 Cr	₹97,658 Cr	₹20,063 Cr	₹5,374 Cr	26.7%	₹2,275 Cr	10.9%	—	14.7%	—
Hdb Financial Services LimitedHDBFSHDBFS	₹51,335 Cr	₹1,38,733 Cr	₹16,300 Cr	₹9,318 Cr	57.2%	₹2,176 Cr	13.4%	—	14.7%	—
Sundaram Finance LimitedSUNDARMFINSUNDARMFIN	₹48,838 Cr	₹1,18,475 Cr	₹10,104 Cr	₹7,957 Cr	78.3%	₹2,220 Cr	21%	—	14.7%	—
Piramal Finance LimitedPIRAMALFINPIRAMALFIN	₹45,868 Cr	₹1,25,857 Cr	₹11,852 Cr	₹7,051 Cr	59.5%	₹1,504 Cr	12.7%	—	5.3%	—
Authum Investment & Infrastructure LimitedAIILAIIL	₹45,797 Cr	₹49,133 Cr	₹2,863 Cr	₹2,451 Cr	88.2%	₹3,582 Cr	74%	—	13.1%	—
Mahindra & Mahindra Financial Services LimitedM&MFINM&MFIN	₹44,445 Cr	₹1,72,816 Cr	₹21,733 Cr	₹13,785 Cr	62.5%	₹3,253 Cr	13.6%	—	11.9%	—
Poonawalla Fincorp LimitedPOONAWALLAPOONAWALLA	₹38,161 Cr	₹86,259 Cr	₹7,813 Cr	₹4,291 Cr	52.7%	₹787 Cr	8%	—	5.9%	—

Last Mile Enterprises Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

Dividends4

Board meetings1

Stock splits1

Announcements

Dividends4

Board meetings1

Stock splits1

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

4

1

1

4

1

1