Stock Price Movement and Market Context
On the day the new low was recorded, Last Mile Enterprises Ltd’s stock price fell by 5.68%, underperforming its sector by 5.61%. The stock is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained downward momentum. This contrasts with the broader market, where the Sensex opened slightly lower at 84,600.99 points, down 0.11%, and was trading near 84,682.12 points, just 1.74% below its 52-week high of 86,159.02. The Sensex itself remains above its 200-day moving average, although it is trading below its 50-day moving average.
Long-Term Performance and Valuation Metrics
Over the past year, Last Mile Enterprises Ltd has delivered a negative return of 73.73%, a stark contrast to the Sensex’s positive 8.22% gain over the same period. The stock’s 52-week high was Rs.42.98, highlighting the extent of the decline. The company’s market capitalisation grade stands at 4, reflecting its relatively modest size within the NBFC sector.
The company’s Mojo Score is 32.0, with a current Mojo Grade of Sell, downgraded from Strong Sell on 3 Dec 2025. This grading reflects a cautious stance based on the company’s fundamental and technical indicators.
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Fundamental Analysis and Financial Performance
Last Mile Enterprises Ltd’s long-term fundamental strength remains subdued, with an average Return on Equity (ROE) of 5.13%. This level of ROE is considered modest within the NBFC sector, where higher returns are often expected to justify valuations. The company’s Price to Book Value ratio stands at 0.9, indicating that the stock is trading at a discount relative to its book value, which may reflect market concerns about its growth prospects and risk profile.
Despite the stock’s price decline, the company has reported positive financial results for the last five consecutive quarters. The Profit After Tax (PAT) for the nine months ended December 2025 was Rs.12.04 crores, representing a growth of 64.03% compared to previous periods. Net sales for the latest quarter reached Rs.785.64 crores, a substantial increase of 94.2% relative to the average of the preceding four quarters.
However, these improvements in profitability have not translated into share price gains. Over the past year, while profits have surged by 535%, the stock has generated a negative return of 73.73%. This divergence is reflected in the company’s Price/Earnings to Growth (PEG) ratio of 0.1, which suggests that the market is pricing in significant risks or uncertainties despite the earnings growth.
Comparative Performance and Sector Positioning
Last Mile Enterprises Ltd has underperformed not only the Sensex but also the BSE500 index over the last three years, one year, and three months. This underperformance relative to broader market indices and sector peers highlights challenges in sustaining investor confidence and market valuation.
The company operates within the NBFC sector, which has experienced varied performance across its constituents. While some peers have maintained or improved valuations, Last Mile Enterprises Ltd’s stock has consistently traded below key moving averages, indicating persistent downward pressure.
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Technical Indicators and Market Sentiment
The stock’s position below all major moving averages suggests a bearish technical outlook. The 5-day, 20-day, 50-day, 100-day, and 200-day moving averages all lie above the current price of Rs.9.22, indicating that the stock has been in a sustained downtrend over multiple time frames.
In comparison, the Sensex’s 50-day moving average remains above its 200-day moving average, a technical signal often interpreted as a positive trend for the broader market. This divergence between the stock’s technical indicators and the overall market trend underscores the specific pressures facing Last Mile Enterprises Ltd.
Summary of Key Metrics
To summarise, the stock’s key metrics as of 30 Dec 2025 are:
- New 52-week low price: Rs.9.22
- Day change: -5.68%
- Mojo Score: 32.0 (Sell grade)
- Average ROE: 5.13%
- P/B ratio: 0.9
- PAT (9 months): Rs.12.04 crores, growth of 64.03%
- Net sales (latest quarter): Rs.785.64 crores, growth of 94.2%
- 1-year stock return: -73.73%
- Sensex 1-year return: +8.22%
The combination of these factors paints a picture of a stock that has experienced significant price erosion despite improvements in profitability and sales growth. The valuation metrics indicate that the market is pricing in caution, reflected in the discount to book value and the low Mojo Score.
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