Investor Presentation

mahindra ‘› Mahindra Logistics Limited Arena Space, 10th & 11th Floor, LOGISTICS V Plot No. 20, Jogeshwari Vikhroli Link Road, Near Majas Bus Depot, Jogeshwari (East), Mumbai – 400060, Maharashtra. Tel: +91 22 6836 7900 Email: enquiries@mahindralogistics.com www.mahindralogistics.com CIN: L63000MH2007PLC173466 Ref: MLLSEC/67/2026 20 July 2026 BSE Limited, National Stock Exchange of India Ltd., (Security Code: 540768) (Symbol: MAHLOG) Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, Fort, “G” Block, Bandra-Kurla Complex, Mumbai - 400 001 Bandra (East), Mumbai – 400 051 Dear Sirs, Sub: Earnings Presentation for the first quarter ended 30 June 2026 - Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015 (“SEBI Listing Regulations”) Ref: Intimation of earnings conference call vide letter dated 10 July 2026 Further to our letter dated 10 July 2026 giving advance intimation of the earnings conference call for the first quarter 30 June 2026 (“Mahindra Logistics Limited Q1FY27 Earnings Conference Call”), please find enclosed herewith the Earnings Presentation for the said Earnings Conference Call, inter-alia, encompassing an overview of the Company, its operations and the unaudited Standalone and Consolidated Financial Results for the first quarter ended 30 June 2026, subjected to Limited Review. This intimation and the earnings presentation are also being uploaded on the website of the Company and can be accessed at the weblink: https://mahindralogistics.com/investor-interaction/. For Mahindra Logistics Limited Jignesh Parikh Company Secretary Enclosures: As above Reg Office: Mahindra Towers, P.K. Kurne Chowk, Igniting Success Worli, Mumbai - 400018 Igniting Success VP- 7• '.: ;"'. V.. r • n4 A Locts-rics )t= 01310f 00,NOr eDeL Q1 FY27 Investor Presentation Business & Earnings Update mahindra LOGISTICS V July 2026 Igniting Success Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Mahindra Logistics Limited (the “Company”), have been preparedsolelyforinformationpurposesanddonotconstituteanyoffer,recommendationorinvitation topurchaseorsubscribeforanysecurities,andshallnot formthebasisorbereliedoninconnectionwithanycontract orbindingcommitmentwhatsoever.NoofferingofsecuritiesoftheCompanywillbemadeexcept bymeansofastatutoryofferingdocumentcontainingdetailedinformationabouttheCompany. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation orwarranty, expressorimplied, whatsoever, and norelianceshallbeplacedon, thetruth, accuracy, completeness, fairness andreasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liabilityinrespectofthecontentsof,oranyomissionfrom,thisPresentationisexpresslyexcluded. CertainmattersdiscussedinthisPresentationmaycontainstatementsregardingtheCompany’smarketopportunityandbusinessprospectsthatareindividually andcollectivelyforward-lookingstatements.Suchforward-lookingstatementsarenotguaranteesoffutureperformanceandaresubjecttoknownandunknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the logistics industry in India and world-wide, competition, the company’s abilitytosuccessfullyimplementitsstrategy,theCompany’sfuturelevelsofgrowthandexpansion,technologicalimplementation,changesandadvancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections. mahindra LOGISTICS V Igniting Success 0 Business Update mahindra LOGISTICS Igniting Success Our Business Segments • ' T. eoeL0 • - „ - N ilreOF A 0., I , R17,0: !Int! • itt doth. t_1171 , alt Contract Last Mile Freight Express Mobility Logistics Delivery Forwarding  Integrated w/h & distribution  FTL & Multimodal transport Tech-first, PAN India B2B Express Intra-city fulfilment & distribution Ocean, air freight, air cargo charter Mobility solutions for enterprises,  In-Factory Logistics & PTL Network network for last Mile delivery solutions with customs clearance & B2C customers  Milk-run  JIT & JIS ~19 Mn Sq. ft 7,000+ 25,000+ 19,000+ 50+ Warehousing Space (4+ Mn Sq Ft Fleet Deployed People experience our service Pin codes (Direct + ODA) Global Trade Lanes Sustainable Warehousing) (1200+ EVs) daily Key Trade Lanes ~100 220+ 4,000+ 5,000+ USA, Europe, Middle East, South- Customers Processing Centers Pin Codes Served Vehicles deployed Daily East Asia ~600 1,100+ Trucks 1 Cr+ 10,000+ TEUs 100+ Operating Locations Line Haul & Mid Mile Packages Delivered per month Ocean Freight per annum Operating locations PAN India With integrated logistics solutions tailored for diverse industries across various business segments, we provide end-to- end visibility and service excellence, ensuring logistics operations are efficient and optimized. mahindra 4 LOGISTICS V Igniting Success Q1FY27 - Key Highlights Segments Business Performance Profitability  Overall revenue at ₹1,623 Cr, growth of 26% YoY Contract Logistics  Gross Margin up by 21% YoY, at ₹166 Cr  Margin expansion across business segments  Overall revenue at ₹152 Cr, growth of 58% YoY  Gross margin turnaround: Express  Continue acquiring new profitable customers +₹9.2 Cr vs negative ₹3.6 Cr in Q1 FY26  Overall revenue at ₹71 Cr Last Mile Delivery  Gross margin at ₹6.3 Cr, up 62% YoY  Prioritize profitable business over low-margin volumes  Overall revenue at ₹45 Cr Freight Forwarding  Focus on rebuilding momentum while maintaining strong  Gross margin at ₹4.6 Cr customer service and operational discipline  Overall revenue at ₹111 Cr, growth of 38% YoY Mobility  Continue acquiring new customers (B2B), and capitalize on  Gross margin at ₹8.9 Cr, up by 2% YoY recently launched airport taxi business at Noida airport (B2C) mahindra All Revenues are after intercompany eliminations 5 LOGISTICS V Igniting Success Management Commentary Mr. Hemant Sikka – Managing Director and CEO “Q1 FY27 reflects the continued momentum of our transformation journey evolving into a growth journey. Strong revenue growth, a return to healthy profitability, and improved business fundamentals demonstrate the impact of disciplined execution, sharper customer-level economics, and a relentless focus on operational excellence. Performance this quarter was driven by continued strength in our Contract Logistics business with new customer wins across sectors, significant progress in the Express business turnaround, and sustained improvements in operational efficiency across the network. At the same time, our e-commerce and quick commerce business continues to scale, reinforcing our position in fast-growing logistics segments. The foundations we have built over the last year are now translating into stronger business outcomes. We remain focused on profitable growth, intelligent scale, superior customer experience, and our vision of becoming India's #1 logistics services provider through technology-led solutions and a passionate team.” mahinclra 6 LOGISTICS V .. 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