Stock Performance and Market Context
On 2 Jan 2026, Last Mile Enterprises Ltd’s share price fell by 4.02%, closing at Rs.8.25, the lowest level recorded in the past year. This decline was sharper than the sector’s average, with the stock underperforming the Non Banking Financial Company sector by 4.09% on the day. The stock is currently trading below all major moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained downward momentum.
In contrast, the broader market showed resilience, with the Sensex rising 0.4% to close at 85,525.35 points, just 0.74% shy of its 52-week high of 86,159.02. The Sensex’s bullish trend is supported by its 50-day moving average trading above the 200-day moving average, and mid-cap stocks leading gains with the BSE Mid Cap index up 0.55% on the day.
Long-Term Price and Returns Analysis
Last Mile Enterprises Ltd’s 52-week high was Rs.42.98, indicating a steep decline of over 80% from that peak to the current low of Rs.8.25. Over the past year, the stock has generated a negative return of 75.29%, a stark contrast to the Sensex’s positive 7.00% return over the same period. This underperformance extends beyond the last year, with the stock lagging the BSE500 index across one-year, three-year, and three-month timeframes.
Fundamental Metrics and Valuation
The company’s fundamental strength remains subdued, with an average Return on Equity (ROE) of 5.13%, which is considered weak for the NBFC sector. Despite this, the stock trades at a very attractive valuation, with a Price to Book Value ratio of 0.8, indicating it is priced below its book value. This valuation discount is notable when compared to the average historical valuations of its peers.
Profitability metrics show some positive trends; the company has reported positive results for five consecutive quarters. The latest six-month Profit After Tax (PAT) stood at Rs.7.14 crores, reflecting a growth rate of 97.24%. Quarterly net sales reached Rs.785.64 crores, growing by 94.2% compared to the previous four-quarter average. Despite these improvements in profitability and sales, the stock’s price has not reflected these gains, as evidenced by the significant decline in market value.
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Mojo Score and Ratings
Last Mile Enterprises Ltd holds a Mojo Score of 32.0, with a current Mojo Grade of Sell. This represents an upgrade from its previous Strong Sell rating, which was changed on 3 Dec 2025. The Market Capitalisation Grade stands at 4, reflecting the company’s micro-cap status within the NBFC sector. These ratings incorporate a comprehensive assessment of the company’s fundamentals, valuation, and price momentum.
Comparative Sector and Market Position
Within the NBFC sector, Last Mile Enterprises Ltd’s valuation and performance metrics place it at a discount relative to peers. While the sector has seen mixed performance, the company’s stock has notably lagged behind broader indices and sector averages. The PEG ratio of 0.1 suggests that the stock’s price has not kept pace with its earnings growth, which has risen by 535% over the past year despite the steep price decline.
Summary of Key Financial Indicators
The company’s recent financial results show a positive trajectory in earnings and sales, yet the stock price has continued to decline. The juxtaposition of improving profitability with a falling share price highlights a disconnect that may be influenced by broader market sentiment and valuation concerns. The stock’s trading below all major moving averages further emphasises the prevailing bearish trend.
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Conclusion
Last Mile Enterprises Ltd’s fall to a 52-week low of Rs.8.25 underscores the challenges the stock has faced over the past year, with a significant decline in market value despite improvements in profitability and sales. The stock’s valuation remains attractive on a Price to Book basis, yet its long-term returns and relative performance continue to trail sector and market benchmarks. The current trading below all key moving averages reflects ongoing downward pressure on the share price within a market environment where broader indices are performing positively.
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