Logistics · Founded 2022 · www.bwl.co.in · NSE · ISIN INE0X3M01010
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Business
Blue Water Logistics Ltd. operates in the logistics sector in India. The company's core business involves the management and movement of goods and information throughout the supply chain. This typically includes services such as freight forwarding (transportation by road, rail, air, and sea), warehousing and storage, customs clearance, supply chain consulting, and other value-added logistics solutions. The company generates revenue by charging clients for these various services, helping businesses optimize their inventory management, transportation costs, and delivery times.
Revenue Mix
Specific details regarding Blue Water Logistics Ltd.'s key business segments and their precise contribution to revenue are not available in the provided information. However, typical segments for a logistics company include freight services (road, rail, sea, air cargo), warehousing and distribution, and potentially specialized services like express delivery or project logistics.
Industry
The Indian logistics industry is large, diverse, and undergoing significant transformation, driven by economic growth, infrastructure development, GST implementation, and the rise of e-commerce. It is characterized by a mix of organized and unorganized players. Blue Water Logistics Ltd. operates within this competitive landscape, aiming to cater to the freight and supply chain needs of businesses. Without specific market share data or a list of direct competitors, its exact positioning relative to industry leaders or niche players cannot be determined, but as a listed entity, it likely possesses a degree of operational scale and market presence.
MOAT
Without specific company details, it's challenging to identify durable competitive advantages for Blue Water Logistics Ltd. Potential moats in the logistics sector can include an extensive and efficient operational network, strong customer relationships built on reliability and service quality (leading to switching costs), significant scale that drives cost efficiencies, or superior technology integration for supply chain optimization. The company's ability to consistently deliver services, manage costs, and adapt to technological advancements would be key to establishing any long-term competitive edge.
Growth Drivers
Key factors that can drive growth for Blue Water Logistics Ltd. over the next 3-5 years include:
Economic Growth in India: A growing economy translates to increased manufacturing, trade, and consumption, directly boosting demand for logistics services.
Infrastructure Development: Ongoing government investment in roads, railways (e.g., Dedicated Freight Corridors), ports, and airports improves efficiency and capacity for logistics operations.
E-commerce Expansion: The rapid growth of online retail necessitates robust and efficient last-mile and fulfillment logistics.
"Make in India" Initiative: Growth in domestic manufacturing boosts demand for inbound and outbound logistics.
GST Formalization: The Goods and Services Tax has streamlined inter-state movement of goods, enabling more efficient supply chain operations for organized players.
Risks
Key business risks for Blue Water Logistics Ltd. include:
Fuel Price Volatility: Fuel costs are a significant component of operational expenses for logistics companies, and price fluctuations can impact profitability.
Intense Competition: The Indian logistics sector is fragmented and highly competitive, putting pressure on pricing and margins.
Economic Downturns: A slowdown in economic activity can lead to reduced freight volumes and lower demand for logistics services.
Infrastructure Bottlenecks: Despite improvements, challenges like road congestion and port delays can still impact operational efficiency and delivery timelines.
Regulatory Changes: Changes in transport policies, taxation, or environmental regulations could affect operations and costs.
Labor Availability & Costs: Shortages of skilled drivers or rising labor costs can impact operational efficiency and profitability.
Management & Ownership
Information regarding the promoters, specific management quality assessments, or detailed ownership structure of Blue Water Logistics Ltd. is not available in the provided company description. As a listed company, it would be subject to regulatory requirements regarding corporate governance and public disclosure.
Outlook
Blue Water Logistics Ltd. operates in a sector with significant long-term growth potential, driven by India's economic expansion, infrastructure upgrades, and the formalization of logistics. The increasing sophistication of supply chains and the rise of e-commerce present substantial opportunities for growth. However, the company faces inherent challenges common to the industry, including intense competition, sensitivity to fuel price fluctuations, and the need for continuous investment in technology and network expansion. Its ability to navigate these operational complexities, maintain cost efficiency, and build strong customer relationships will be crucial for sustainable performance in a dynamic market. The outlook is balanced between the robust secular tailwinds for the Indian logistics sector and the execution risks inherent in a competitive, capital-intensive industry.
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| #(Fig in Cr.) | Dec 2024 | Mar 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|
| Net Sales | 62 | 53 | 112 | 135 |
| Other Income | 0 | 0 | 0 | 0 |
| Total Income | 62 | 53 | 112 | 136 |
| Total Expenditure | 57 | 45 | 99 | 120 |
| Operating Profit | 5 | 7 | 13 | 16 |
| Interest | 1 | 1 | 1 | 2 |
| Depreciation | 0 | 1 | 2 | 1 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 |
| Profit Before Tax | 4 | 6 | 10 | 12 |
| Provision for Tax | 1 | 1 | 3 | 3 |
| Profit After Tax | 3 | 4 | 7 | 9 |
| Adjustments | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 3 | 4 | 7 | 9 |
| Adjusted Earnings Per Share | 3.8 | 5.4 | 6.8 | 8.4 |
| #(Fig in Cr.) | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|
| Net Sales | 98 | 139 | 196 | 362 |
| Other Income | 0 | 0 | 0 | 0 |
| Total Income | 98 | 139 | 196 | 363 |
| Total Expenditure | 94 | 128 | 177 | 321 |
| Operating Profit | 4 | 11 | 19 | 41 |
| Interest | 1 | 2 | 3 | 5 |
| Depreciation | 1 | 1 | 2 | 4 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 |
| Profit Before Tax | 2 | 8 | 14 | 32 |
| Provision for Tax | 1 | 2 | 4 | 8 |
| Profit After Tax | 2 | 6 | 11 | 23 |
| Adjustments | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 2 | 6 | 11 | 23 |
| Adjusted Earnings Per Share | 1.9 | 7.4 | 13.3 | 24.4 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 41% | 0% | 0% | 0% |
| Operating Profit CAGR | 73% | 0% | 0% | 0% |
| PAT CAGR | 83% | 0% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 74% | NA% | NA% | NA% |
| ROE Average | 72% | 69% | 69% | 69% |
| ROCE Average | 41% | 32% | 32% | 32% |
| #(Fig in Cr.) | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|
| Shareholder's Funds | 4 | 9 | 20 |
| Minority's Interest | 0 | 0 | 0 |
| Borrowings | 6 | 6 | 14 |
| Other Non-Current Liabilities | 0 | 0 | 0 |
| Total Current Liabilities | 19 | 27 | 42 |
| Total Liabilities | 29 | 42 | 76 |
| Fixed Assets | 2 | 3 | 6 |
| Other Non-Current Assets | 0 | 0 | 2 |
| Total Current Assets | 27 | 38 | 68 |
| Total Assets | 29 | 42 | 76 |
| #(Fig in Cr.) | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|
| Opening Cash & Cash Equivalents | 4 | 2 | 2 |
| Cash Flow from Operating Activities | 3 | 4 | -11 |
| Cash Flow from Investing Activities | -1 | -2 | -5 |
| Cash Flow from Financing Activities | -3 | -3 | 17 |
| Net Cash Inflow / Outflow | -2 | -1 | -0 |
| Closing Cash & Cash Equivalent | 2 | 2 | 2 |
| # | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|
| Earnings Per Share (Rs) | 1.93 | 7.43 | 13.34 |
| CEPS(Rs) | 2.57 | 8.62 | 15.44 |
| DPS(Rs) | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 4.38 | 11.82 | 25.08 |
| Core EBITDA Margin(%) | 3.91 | 7.57 | 9.56 |
| EBIT Margin(%) | 3.47 | 6.93 | 8.75 |
| Pre Tax Margin(%) | 2.1 | 5.72 | 7.29 |
| PAT Margin (%) | 1.57 | 4.28 | 5.44 |
| Cash Profit Margin (%) | 2.1 | 4.97 | 6.3 |
| ROA(%) | 5.27 | 16.66 | 18.02 |
| ROE(%) | 43.92 | 91.65 | 72.3 |
| ROCE(%) | 15.25 | 39.24 | 41.14 |
| Receivable days | 74.18 | 61.04 | 66.62 |
| Inventory Days | 0 | 0 | 0 |
| Payable days | 0 | 0 | 0 |
| PER(x) | 0 | 0 | 0 |
| Price/Book(x) | 0 | 0 | 0 |
| Dividend Yield(%) | 0 | 0 | 0 |
| EV/Net Sales(x) | 0.19 | 0.13 | 0.22 |
| EV/Core EBITDA(x) | 4.7 | 1.67 | 2.29 |
| Net Sales Growth(%) | 0 | 41.53 | 41.47 |
| EBIT Growth(%) | 0 | 182.43 | 78.61 |
| PAT Growth(%) | 0 | 285.6 | 79.63 |
| EPS Growth(%) | 0 | 285.59 | 79.63 |
| Debt/Equity(x) | 5.36 | 1.82 | 1.83 |
| Current Ratio(x) | 1.38 | 1.45 | 1.62 |
| Quick Ratio(x) | 1.38 | 1.45 | 1.62 |
| Interest Cover(x) | 2.53 | 5.74 | 5.97 |
| Total Debt/Mcap(x) | 0 | 0 | 0 |
| # | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|
| Promoter | 69.55 | 69.55 | 69.55 | 69.55 |
| FII | 3.51 | 1.74 | 0.23 | 0 |
| DII | 6.37 | 6 | 6.88 | 7.17 |
| Public | 20.57 | 22.72 | 23.35 | 23.28 |
| Others | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 |
| # | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|
| Promoter | 0.76 | 0.76 | 0.76 | 0.76 |
| FII | 0.04 | 0.02 | 0 | 0 |
| DII | 0.07 | 0.07 | 0.08 | 0.08 |
| Public | 0.23 | 0.25 | 0.26 | 0.26 |
| Others | 0 | 0 | 0 | 0 |
| Total | 1.1 | 1.1 | 1.1 | 1.1 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | +41% | — | — | — |
| Operating Profit CAGR | +73% | — | — | — |
| PAT CAGR | +83% | — | — | — |
| Share Price CAGR | +74% | — | — | — |
| ROE Average | +72% | +69% | +69% | +69% |
| ROCE Average | +41% | +32% | +32% | +32% |
| # | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|
| Promoter | 69.55 | 69.55 | 69.55 | 69.55 |
| FII | 3.51 | 1.74 | 0.23 | 0 |
| DII | 6.37 | 6 | 6.88 | 7.17 |
| Public | 30.45 | 30.45 | 30.45 | 30.45 |
| Others | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 |
| # | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|
| Promoter | 0.76 | 0.76 | 0.76 | 0.76 |
| FII | 0.04 | 0.02 | 0 | 0 |
| DII | 0.07 | 0.07 | 0.08 | 0.08 |
| Public | 0.34 | 0.34 | 0.34 | 0.34 |
| Others | 0 | 0 | 0 | 0 |
| Total | 1.1 | 1.1 | 1.1 | 1.1 |
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