Mercantile Ports and Logistics Limited (GB:MPL)
LSE:MPL
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Mercantile Ports and Logistics
(LSE:MPL)
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Select Model
Rating:40Underperform
Price Target:
0.40 p
▲(1.00% Upside)
Action:ReiteratedDate:01/07/26
Overall score is held back primarily by weak financial performance (ongoing losses, negative operating margins, strained free cash flow and rising leverage). Technicals are also unfavorable with the price below key longer-term moving averages and a negative MACD, while valuation is difficult to support due to a negative P/E and no provided dividend yield.
Positive Factors
Diversified logistics & port revenue
MPL’s integrated port, cargo handling, warehousing and customs services create multiple, recurring revenue streams and cross-sell opportunities. Long-term contracts with shipping lines and partnerships with local governments provide durable revenue visibility and competitive positioning versus pure-play operators.
Negative Factors
Persistent negative margins
Consistent negative operating and net margins point to structural profitability issues—either pricing pressure, high fixed costs, or inefficiencies in operations. Over time, uncorrected margin weakness erodes equity, limits reinvestment capacity, and makes funding growth or infrastructure upgrades more difficult without external capital.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified logistics & port revenue
MPL’s integrated port, cargo handling, warehousing and customs services create multiple, recurring revenue streams and cross-sell opportunities. Long-term contracts with shipping lines and partnerships with local governments provide durable revenue visibility and competitive positioning versus pure-play operators.
Read all positive factors
Mercantile Ports and Logistics (MPL) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£1.60M
Dividend YieldN/A
Average Volume (3M)152.46K
Price to Earnings (P/E)―
Beta (1Y)1.35
Revenue Growth11.78%
EPS Growth-39.58%
CountryUK
Employees45
SectorIndustrials
Sector Strength72
IndustryMarine Shipping
Share Statistics
EPS (TTM)N/A
Shares Outstanding493,132,420
10 Day Avg. Volume289,801
30 Day Avg. Volume152,460
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.08
Price to Sales (P/S)0.97
P/FCF Ratio12.08
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Mercantile Ports and Logistics Business Overview & Revenue Model
Company Description
Mercantile Ports & Logistics Limited, through its subsidiaries, develops, owns, and operates port and logistics facilities in India. The company is developing a port and logistics facility in approximately 200 acres of land with a sea frontage of ...
How the Company Makes Money
MPL generates revenue through multiple channels, primarily from port operations and logistics services. Key revenue streams include charges for cargo handling and storage, logistics management fees, and customs brokerage services. The company capi...
Mercantile Ports and Logistics Financial Statement Overview
Summary
Income Statement
35
Negative
Balance Sheet
40
Negative
Cash Flow
45
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.23M | 4.35M | 5.46M | 4.87M | 1.80M | 745.00K |
| Gross Profit | 6.73M | 2.02M | 3.04M | 3.42M | 917.00K | 697.00K |
| EBITDA | -6.97M | -6.64M | -9.46M | -286.00K | 1.70M | -2.37M |
| Net Income | -24.54M | -18.63M | -21.22M | -9.62M | -6.02M | -6.56M |
Balance Sheet | ||||||
| Total Assets | 92.02M | 111.17M | 127.00M | 144.27M | 154.62M | 154.01M |
| Cash, Cash Equivalents and Short-Term Investments | 651.00K | 911.00K | 3.05M | 389.00K | 4.57M | 3.90M |
| Total Debt | 50.12M | 52.29M | 48.86M | 43.90M | 43.33M | 41.21M |
| Total Liabilities | 53.22M | 56.66M | 53.37M | 52.89M | 54.40M | 56.34M |
| Stockholders Equity | 38.93M | 54.60M | 73.69M | 91.40M | 100.21M | 97.67M |
Cash Flow | ||||||
| Free Cash Flow | 1.84M | 348.00K | -2.15M | -1.52M | -7.63M | -10.83M |
| Operating Cash Flow | 969.00K | 348.00K | -498.00K | -92.00K | -5.52M | -2.44M |
| Investing Cash Flow | 1.46M | 577.00K | -1.62M | -1.39M | -2.09M | -8.32M |
| Financing Cash Flow | -2.85M | -2.89M | 3.90M | -2.78M | 8.53M | 125.00K |
Mercantile Ports and Logistics Technical Analysis
Negative
0.40
Price Trends
0.40
Negative
0.44
Negative
0.79
Negative
Market Momentum
-0.02
Negative
33.60
Neutral
46.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:MPL, the sentiment is Negative. The current price of 0.4 is above the 20-day moving average (MA) of 0.33, below the 50-day MA of 0.40, and below the 200-day MA of 0.79, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 33.60 is Neutral, neither overbought nor oversold. The STOCH value of 46.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:MPL.
Mercantile Ports and Logistics Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | £48.41M | 6.47 | 6.92% | ― | 7.16% | -11.00% | |
75 Outperform | £1.43B | 17.83 | 12.93% | 2.89% | 3.29% | -8.76% | |
64 Neutral | £69.98M | 85.60 | 4.94% | 2.25% | -15.64% | -22.46% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
56 Neutral | £235.17M | -42.97 | -2.37% | ― | -12.37% | ― | |
42 Neutral | £4.13M | -0.42 | -76.54% | ― | -21.55% | 10.59% | |
40 Underperform | £1.60M | -0.05 | -52.46% | ― | 11.78% | -39.58% |
* Industrials Sector Average
GB:MPL
Mercantile Ports and Logistics
0.33
-0.66
-66.84%
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Mercantile Ports and Logistics Corporate Events
Other
Mercantile Ports & Logistics Chairman Reports Internal Transfer of Shareholding
Neutral
Feb 2, 2026
Mercantile Ports Logistics Limited has disclosed an internal share transfer involving its Non-Executive Chairman, Jeremy Warner Allen, who moved 3,827,494 ordinary shares into a joint account shared with his wife at no cost. The transaction does ...
Legal Proceedings
Mercantile Ports & Logistics Retains Interim Legal Protection in Supreme Court Update
Positive
Dec 18, 2025
Mercantile Ports Logistics has provided an update on ongoing legal proceedings involving its subsidiary Karanja Terminal Logistics, confirming that India’s Supreme Court has declined to issue any adverse order against the company in a civi...
Business Operations and StrategyLegal Proceedings
Mercantile Ports & Logistics Secures Interim Legal Protection for Strategic Asset
Neutral
Dec 17, 2025
Mercantile Ports Logistics Ltd. has secured interim legal protection to preserve its strategic asset, Karanja Terminal Logistics Pvt. Ltd., amidst ongoing legal proceedings with Prudent ARC. The company has formally offered to redeem outstanding...
Delistings and Listing ChangesShareholder Meetings
Mercantile Ports & Logistics Advances with Shareholder Approval
Positive
Dec 15, 2025
Mercantile Ports Logistics Limited announced the successful passing of resolutions at its recent General Meeting, paving the way for the cancellation of Redemption Shares and the admission of Subscription Shares to trading on AIM. This developmen...
Private Placements and FinancingShareholder Meetings
Mercantile Ports & Logistics Announces General Meeting and Related Party Transaction
Neutral
Nov 19, 2025
Mercantile Ports Logistics Limited announced a general meeting to discuss a related party transaction involving Hunch Ventures, which will subscribe for new shares, maintaining the company’s financial position and shareholder structure. Thi...
Legal ProceedingsPrivate Placements and Financing
Mercantile Ports & Logistics Faces Debt Challenges Amid Court Ruling
Negative
Nov 19, 2025
Mercantile Ports Logistics Limited announced an update on its debt situation, revealing that its appeal for interim relief was not granted by the Delhi High Court, leading to its debt being assigned to Prudent ARC Ltd. The company has made a form...
Business Operations and StrategyLegal ProceedingsPrivate Placements and Financing
Mercantile Ports & Logistics Faces Debt Dispute Challenges
Negative
Nov 11, 2025
Mercantile Ports Logistics Limited is currently dealing with a dispute over the annulment of a previously sanctioned One-Time Settlement with its lending consortium. The Delhi High Court did not grant interim relief, leading to the assignment of ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.