Last Mile Enterprises Ltd Stock Falls to 52-Week Low of Rs.6

Stock Price Movement and Market Context

On 28 Jan 2026, Last Mile Enterprises Ltd’s share price fell to Rs.6, the lowest level recorded in the past year. This represents a steep decline from its 52-week high of Rs.37.29, indicating a loss of approximately 83.9% from the peak. The stock underperformed its sector by 0.75% today, even as the Sensex gained 0.34%, closing at 82,136.58 points. The Sensex itself remains 4.9% below its 52-week high of 86,159.02, supported by strong performances from mega-cap stocks.

The stock’s recent price action shows a slight recovery after two consecutive days of decline, but it continues to trade below all key moving averages – the 5-day, 20-day, 50-day, 100-day, and 200-day averages – signalling persistent downward momentum. This technical positioning suggests that the stock remains under pressure relative to its historical trading ranges.

Long-Term Performance and Fundamental Assessment

Over the past year, Last Mile Enterprises Ltd has delivered a negative return of 80.97%, a stark contrast to the Sensex’s positive 8.22% gain over the same period. This underperformance extends beyond the last 12 months, with the stock lagging the BSE500 index across one-year, three-year, and three-month timeframes. Such sustained underperformance highlights challenges in maintaining investor confidence and market valuation.

From a fundamental perspective, the company’s long-term financial strength remains subdued. The average Return on Equity (ROE) stands at 5.13%, which is considered weak relative to industry standards. This metric reflects the company’s limited ability to generate profits from shareholders’ equity, impacting its valuation and attractiveness in the NBFC sector.

Recent Financial Results and Valuation Metrics

Despite the stock’s price decline, Last Mile Enterprises Ltd has reported positive financial results for five consecutive quarters. The company’s Profit After Tax (PAT) for the nine months ended stands at Rs.12.04 crores, reflecting a growth rate of 64.03%. Quarterly net sales have also shown a robust increase, reaching Rs.785.64 crores, up 94.2% compared to the previous four-quarter average.

Valuation metrics indicate that the stock is trading at a discount relative to its peers. The Price to Book Value ratio is 0.6, which is considered very attractive in the NBFC sector. Additionally, the company’s PEG ratio is 0.1, signalling that earnings growth is not fully priced into the stock. Over the past year, profits have surged by 535%, a notable contrast to the steep decline in share price.

Shareholding Pattern and Market Sentiment

The majority of Last Mile Enterprises Ltd’s shares are held by non-institutional investors, which may contribute to increased volatility and sensitivity to market movements. The company’s Mojo Score currently stands at 32.0, with a Mojo Grade of Sell, upgraded from a previous Strong Sell rating on 3 Dec 2025. The Market Cap Grade is 4, reflecting the company’s relatively modest market capitalisation within the NBFC sector.

Sector and Market Comparison

Within the NBFC sector, Last Mile Enterprises Ltd’s performance contrasts with broader market trends. While the Sensex and mega-cap stocks have shown resilience and gains, this micro-cap has struggled to maintain momentum. The stock’s trading below all major moving averages further emphasises its current subdued position relative to sector peers and the overall market.

The company’s valuation discount relative to peers suggests that the market has factored in the risks associated with its financial metrics and share price volatility. However, the positive quarterly earnings growth and sales expansion indicate operational progress, albeit not yet reflected in the stock price.

Summary of Key Metrics

To summarise, Last Mile Enterprises Ltd’s stock has reached a 52-week low of Rs.6, down from a high of Rs.37.29 in the past year. The stock’s one-year return is -80.97%, significantly underperforming the Sensex’s 8.22% gain. The company’s ROE remains modest at 5.13%, while PAT and net sales have grown substantially in recent quarters. The stock trades at a low Price to Book Value of 0.6 and a PEG ratio of 0.1, indicating valuation discounts despite earnings growth.

Market sentiment remains cautious, reflected in the Mojo Grade of Sell and the stock’s position below all key moving averages. The majority non-institutional shareholding may contribute to price sensitivity. Overall, the stock’s current price level highlights the challenges faced by Last Mile Enterprises Ltd in aligning market valuation with its financial performance.

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