Top 10 Logistics Companies in India

Indian Logistics Companies have spends about 14% of their GDP on logistics and in the Indian logistics market it is currently at USD 150 bn and is expected to grow at a CAGR of 8-10 percent between 2021 to 2025.

The deeper penetration into India (Tier II, III & IV towns), economy enhancing initiatives, GST implementation, and other initiatives such as Make in India, Digital India and soon to be released National Logistics Policy, all hold a promise for an efficient and integrated logistics industry in the days ahead.

The growth in the logistics sector is expected to be driven by increasing penetration of products into more cities and towns.

The demand for value-added services from consumers provides opportunities for the industry players to elevate themselves from an operational role to a more strategic one. Infrastructure readiness and technology are expected to be the key drivers of growth for the Indian logistics industry.

We can also view to best Cold chain logistics providers in India.

X. Lancer Container Lines Limited

• Founded: 2011
• Headoffice: Mumbai
• Listed in Exchange: BSE(539841)
• Industry: TRANSPORTATION( LOGISTICS SOLUTION PROVIDER)
• Brand: Lancer container
• website:lancerline.com/
• Market capitalisation: 493.41 Crores

Lancer Container Lines Limited Profile:

Lancer Container Lines Ltd. is one of the leading integrated Shipping and Logistics solution providers in India.

Lancer Container Lines is a dynamically developing company in the international market of Shipping and logistics, with multiple decades of industry experience.

Lancer Container Lines Ltd is India’s leading Liner Service provider and operating over 74 overseas ports and 36 ICD – locations in India.

Lancer has grown fleets to 10,000 TEUs servicing in more than 27 countries covering regions like India, the Indian subcontinent, South East Asia, Far East, MENA region, and CIS Countries.

Lancer provide services like NVOCC, Empty Container Yard, Container trading, Freight forwarding (Sea, Air, and Road), etc. in India as well as on a global basis.

Lancer Container Lines Ltd Financial Information

• Revenue from operation: 4,069.60 Million
• Profit Before tax: 235.62 Million
• Profit of the year FY22: 173.21 Million

The Key Ratio of Lancer Container Lines Limited

• Debtor Turnover Ratio: 12.87
• Inventory Turnover Ratio: 269.8
• Interest Coverage Ratio: 5.16
• Debt Equity Ratio: 0.50
• Operating Profit Margin: 4.75%
• Net Profit Margin: 3.11%
• EBIDTA Margin: 7.80%
• PBT Margin: 4.20%
• Current Ratio: 1.05
• ROCE: 21.46%
• ROA: 7.73%

IX. Accuracy Shipping Limited

• Founded: 2000
• Headoffice: Gujarat
• Listed in Exchange: NSE(ACCURACY)
• Industry: TRANSPORTATION( LOGISTICS SOLUTION PROVIDER)
• Brand: accuracy
• website: www.aslindia.net/
• Market capitalization: 35,080.48 Lakhs

Accuracy Shipping Limited Profile:

Accuracy Shipping Limited is popularly known as ASL,  a one stop solution for all your Logistics requirements. ASL began on a modest note and a very clear focus – to deliver the highest level of customs clearance services to its customers.

ASL  portfolio that had now evolved to provide total logistical solutions covering customs clearance, freight forwarding, shipping, air freight, consolidation, sea-air, inland haulage (transportation), warehousing, & cross trades, overseas warehousing and a whole range of custom made solutions to suit the unique requirements of each of its customers. 

ASL was transformed into a logistic solution powerhouse, providing unparalleled quality service blended with a focus on total customer satisfaction.

Accuracy Shipping Financial Information:

• Revenue from operation: 5,623.83 Million
• Profit Before tax: 307.17 Million
• Profit of the year FY22: 307.17 Million

the Key Ratio of Accuracy Shipping

Asset Turnover Ratio: 1.87
Long Term Debt to Equity: 0.56
Return on Net Worth: 10.53%
Net Profit Margin: 2.35%
Current Ratio: 2.07%

VIII. Mahindra Logistics Limited

• Headoffice: Mumbai
• Listed in Exchange: NSE(MAHLOG), BSE(540768)
• Industry: TRANSPORTATION( LOGISTICS SOLUTION PROVIDER)
• Brand: Mahindra
• website: mahindralogistics.com/
• Market capitalisation: 3,62,951.67 Lakhs

Mahindra Logistics Profile:

Mahindra Logistics Limited is one of India’s largest third-party logistics (‘3PL‘) solutions providers and leading integrated supply chain and mobility solutions provider in India with a strong presence across the country and across diverse industries.

Mahindra Logistics provide a wide range of customised, technology-enabled integrated logistics solutions and corporate mobility services.

Mahindra Logistics offer customised, end-to-end logistics solutions and services including transportation and distribution, warehousing, in-factory logistics, and value-added services to clients.

Mahindra Logistic operate through a pan-India network comprising 16 offices and 500+ clients and operating locations and has a large network of 1,450+ active long-standing business associates who supply vehicles, warehouses and other assets and services.

Mahindra Logistics Financial Information:

• Revenue from operation: 3,01035 Crores
• Profit Before tax: 31.63 crores
• Profit of the year FY22: 24.84 Crores

The key ratio of Mahindra logistic

• Debtors Turnover (times): 6.39
• Interest Coverage Ratio(times): 14.70
• Current Ratio (times): 1.07
• Debt Equity Ratio (times): 0.05
• Operating Profit Margin%: 4.56%
• Net Profit Margin%: 0.88%
• Return on Net worth: 5.14%

Vii. Gateway Distriparks Limited

• Founded: 1994
• Headoffice: Mumbai
• Listed in Exchange: NSE(GATEWAY),
• Industry: TRANSPORTATION( LOGISTICS SOLUTION PROVIDER)
• Brand: Gateway
• website: www.gatewaydistriparks.com/
• Market capitalisation: 3,38,758.52 Lakhs

Gateway Distriparks Profile:

Gateway Distriparks Limited is shortly known as GDL and they are integrated inter-modal logistics service provider in India.

GDL is in the business of providing inter-modal logistics with three synergetic verticals– Container Freight Stations (CFS), Inland Container Depots (ICD) with rail movement of containers to major maritime ports, and Temperature Controlled Logistics.

Gateway Distriparks Ltd. operates two Container Freight Stations at Navi Mumbai, one at Chennai, one at Visakhapatanam, one at Kochi and one at Krishapatnam with a total capacity of 600,000 TEUs.

GatewayRail is the largest private container train operator of India and provides inter-modal rail transportation service for EXIM containers between its rail-linked ICDs.

Gateway Rail has been pioneer in providing dedicated weekly train services for imports and exports carried by all major shipping lines and major customers.

These dedicated services are matched with vessel cut-offs in the case of exports, and vessel arrival for imports. The GDL operates a fleet of 31 rakes and 338 road trailers and has an overall annual handling capacity of over 700,000 TEUs

Snowman is the largest cold chain provider in India and provides integrated temperature controlled warehousing, transportation and distribution services, offering a Pan India network to its clients. Snowman has a nationwide network of 31 warehouses in 15 cities connecting more than 300 cities and more than 4,400 outlets.

Gateway Distriparks Financial Information:

• Revenue from operation:
• Profit before tax:
• Profit of the year FY22:

Key ratio of GDL

• Debtors turn over ratio (days): 30
• Interest coverage ratio: 4
• Current ratio: 0.39
• Debt equity ratio: 0.44
• Operating margin: 0.26
• Net profit margin: 0.39
• Return on net worth: 0.12

Vi.TCI Express Limited

• Founded:1996
• Headoffice:  Gurugram – 122001, Haryana, India
• Listed in Exchange: NSE(TCIEXP), BSE(540212)
• Industry: TRANSPORTATION( LOGISTICS SOLUTION PROVIDER)
• Brand: tci express
• website: www.tciexpress.in/
• Market capitalisation: 6,55,956.93 Lakhs

TCI Express Profile:

TCI Express one of India’s leading and premier express distribution and first and last mile delivery
services provider.

TCI Express is known for it’s commitment to meet customer expectations with its last mile express delivery solution, designed to fulfil requirements across diverse industries.

TCI Express providing services such as surface express, domestic and international air express,
pharmaceutical, retail, engineering, apparel, and other industries, and recently added two new services cold chain express service and C2C express service to its existing service bouquet

TCI’s deep-rooted and integrated network helps the company cover more than 95% of the pin codes
in India.

TCI Express’s network is showcased by 28 state-of-the-art sorting centres, 500 express routes, 2,500 feeder routes, 800+ branch offices, 40,000 pickup and delivery points, and 5,000 containerized
vehicles.

TCI Express Financial Information

• Revenue from operation: 783.29 crores
• Profit before tax: 123.17 crores
• Profit of the year FY22: 92.93 Crores

The Key ratio of TCI Express

• Net Worth: 433.87 cr
• Total Debts: 1.02 crs
• Return on Equity: 26.10%
• Return on Capital Employed: 34.32%
• Current Ratio: 2.64
• Cash Conversion Ratio: 83.70%
• Book Value Per Share: 112.89

V. VRL Logistics Limited

• Founded: 1976
• Headoffice: Karnataka
• Listed in Exchange: NSE(VRLLOG), BSE(539118)
• Industry: TRANSPORTATION( LOGISTICS SOLUTION PROVIDER)
• Brand: VRL
• website: www.vrlgroup.in/
• Market Capitalisation: 4,24,048.78 Lakhs

VRL Logistics Profile:

VRL is an leading surface transportation and the industry leader in the parcel transportation space in India. VRL is the leadership position in the country for Less than Truck Load (LTL) movement of goods.

VRL has large size and scale of operations and operates on a pan India basis having one of the largest distribution networks in India. We are the only “Owned Asset” organised player in Less than Truck load logistics business in India.

VRL operated with the total of 4,575 vehicles with a carrying capacity of 68,107 tons, and several owned premises, including branches, offices and transhipment hubs.

VRL major advandates are wide network of branches and franchisees and its owned fleet of commercial vehicles with dedicated in-house vehicle body designing and vehicle maintenance facilities to cater to the parcel transportation.

VRL operates across 22 States and 4 Union Territories in India and its reach is unmatched for the offering of LTL goods transportation services.

VRL is also one of the largest fleet owner of commercial vehicles in the India and the same enables to set unparalleled standards in the movement of LTL cargo in India

VRL is public listed company on NSE & BSE Exchange.

VRL Financial Information:

• Revenue from operation: 1,72,852.51 Lakhs
• Profit before tax: 13,580.20 Lakhs
• Profit of the year FY22: 10,392. 42 Lakhs

The key ratio of VRL

• Debt Equity ratio: 0.17
• Current ratio: 0.72
• Return on net worth: 7.28%

iV. Transport Corporation of India Limited

• Founded: 1958
• Headoffice: Gurgaon-122001 Haryana, (India)
• Listed in Exchange: NSE(TCI)
• Industry: TRANSPORTATION( LOGISTICS SOLUTION PROVIDER)
• Brand: TCI
• website: www.tcil.com/
• Market Capitalisation: 4,45,022.21 Lakhs

Trasnport Corporatoion of India Profile:

Tranport Corporation of India Is shortly Known as TCI and leading integrated multimodal logistics and supply chain solutions provider in India.

TCI now have 9,000+ trucks in operation, from one office to 900+ offices and they serving more and more industries moving seamlessly across India and the neighboring countries.

TCI provide a range of end-to-end logistics and supply chain solutions in India and the SAARC region through multiple modes, including road, rail, and sea.

TCI has operates through three business divisions – TCI Freight, TCI Supply Chain Solutions, and TCI Seaways.

TCI also has joint ventures with CONCOR and Mitsui & Co. Ltd. These strategic business units have helped the TCI scale up the learning curve in new business areas.

TCI Financial Information:

• Revenue from operation: 2,35,895 Lakhs
• Profit before tax: 23,324 Lakhs
• Profit of the year FY22: 20,644 Lakhs

The Key ratio Of TCI

• Debtors Turnover: 6.08
• Current Ratio: 1.81
• Debt Equity Ratio (times): 0.22
• Return on Avg. Net Worth: 13.28
• Book value per share: 151.71

iii. Blue Dart Express Limited

• Founded: 1984
• Headoffice: Andheri (East),Mumbai – 400099
• Listed in Exchange: NSE(BLUEDART), BSE()
• Industry: TRANSPORTATION (Logistics)
• Brand: Blue Dart, DHL
• website: www.bluedart.com/
• Market capitalisation: 16,07,164.15 Lakhs

Blue Dart Express Profile:

Blue Dart is South Asia’s premier courier, and integrated express package distribution company in India and one of the market leading premium express logistics player in India with 2,113 offices across India.

Blue Dart have most extensive domestic network covering over 35,000+ locations and service more than 220 countries and territories worldwide through group company DHL, the premier global brand name in
express distribution services.

Blue dart Express Subsidiaries are: Blue Dart Aviation Limited and Concorde Air Logistics Limited.

Blue Dart offers a wide range of innovative and simplified solutions across industry verticals coupled with a dedicated air and ground network, high standard technology infrastructure, value pricing, customer satisfaction, excellent service quality and operations delivery par excellence.

Blue Dart which offers an entire range of services that extends from a document to a charter-load of shipments.

Blue Dart is the only express logistics operator with its own fleet of scheduled Boeing 757-200 freighter services offering a larger capacity than any other domestic airline in the country

The key market-defining domestic express offerings include Time Definite Solutions (Domestic Priority 1030, Domestic Priority 1200, Dart Apex 1200), Day Definite Solutions (Domestic Priority, Dart Apex, Dart Surfaceline) as well as the Temperature Controlled Logistics (TCL) solutions.

Blue Dart Express Financial Information:

• Revenue from operation: 3,24,311 Lakhs
• Profit before tax: 32,240 Lakhs
• Profit of the year FY22: 24,103 Lakhs

The key Ratio Of Blue Dart Express

• Interest Coverage: 5.13
• Current Ratio: 1.42
• Debt Equity Ratio: 0.15
• Operating profit margin: 11%
• Net profit margin: 2.9%

ii. Allcargo Logistics Limited

• Founded: 1993
• Headoffice: Santacruz (East), Mumbai 400 098.
• Listed in Exchange: NSE(ALLCARGO)
• Industry: TRANSPORTATION(Logistics)
• Brand: Allcargo, Gati
• website: www.allcargologistics.com/
• Market capitalization: 8,78,730.04 Lakhs

Allcargo Logistics Profile:

Allcargo Logistics is an LCL consolidation leader and integrated logistics services across India and global cargo movements in 180 countries, with door-to-door deliveries in over 50 global markets.

Allcargo is a single-window service and has the capabilities to devise ingenious solutions, specifically customized to our customers’ needs.

Allcargo end to end logistics services are NVOCC, FCL, Express Distribution, Air Freight, Container Freight Stations (CFS), Logistics Parks, Contract Logistics and Chemical Warehousing, E-Commerce Logistics, Global Projects Logistics, and Engineering Solutions.

Allcargo’s Pan India presence has positioned company as preferred “Supply Chain Logistics Partner” to clients ranging from large multinationals, public sector companies and home-grown SME’s.

Allcargo consolidated its market leadership across four major container ports (JNPT, Mundra, Kolkata
and Chennai) of the country which handles more than 80% of India’s container traffic.

Allcargo Financial Information

• Revenue from operation: 251,012 Lakhs
• Profit before tax: 39,292 Lakhs
• Profit of the year FY22: 32,410 Lakhs

The Key ratio of Allcargo

• Net Debt to Equity: 0.54
• Debtors Turnover ratio: 58 days
• Current Ratio: 0.96
• Operating Profit Margin: 6.04%
• Net Profit Margin: 0.90%
• Return on Average Net Worth: 4%

i. Aegis Logistics Limited

• Founded: 1956
• Headoffice: Lower Parel (West), Mumbai – 400 013
• Listed in Exchange: NSE(AEGISCHEM), BSE()
• Industry: TRANSPORTATION(Logistics)
• Brand: Aegis
• Market capitalization: 7,02,000.00 Lakhs
• website: www.aegisindia.com/
• Contact Number: +91-22-6666 3666

Aegis Logistics Company profile:

Aegis Logistics Limited is India’s leading oil, gas, and chemical logistics companies in India. They are an important part of the Aegis Group.

In India, As energy consumption increases simultaneously growth in demand is likely to require sophisticated and safe logistics services.

The Aegis Group also services the requirements of bulk liquid chemical importers and exporters through its seven bulk liquids terminals at six Ports

In Liquid Logistics, Aegis Group owns and operates a network of shore-based tank farm installations for the receipt and handling of bulk liquids.

These terminals are located in Mumbai, Kochi, Pipavav, and Haldia, and are connected by pipelines to various berths for handling the export and import of hazardous chemicals, petroleum products, and petrochemicals.

In Gas Logistics, Aegis Group is a leader in the sourcing, shipping, and distribution of LP gases (LPG and propane) into India.

Aegis Logistics Ltd shares have been listed on the Bombay Stock Exchange and also trade on the National Stock Exchange.

Aegis Logistics Financial Information:

• Revenue from operation: 79,405 Lakhs
• Profit before tax: 42,219 lakhs
• Profit of the yearFY22: 36,705 Lakhs

The Key ratio of Aegis:

• Debt to Equity Ratio: 0.05
• Return on Net Worth (%): 11.54%
• Net Profit Margin (%): 6.48%
• Interest Coverage Ratio: 20.39
• Operating Profit Margin (%): 13.10%
• Debtors Turnover Ratio: 14.02