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Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹2902 Cr.
Stock P/E
7.8
P/B
1.3
Current Price
₹58.1
Book Value
₹ 45.9
Face Value
10
52W High
₹76.4
52W Low
₹ 48.2
Dividend Yield
5.59%

Gateway Distriparks Overview

Business

Gateway Distriparks Ltd. (GDL) is an integrated logistics company in India. Its core business revolves around providing complete logistics solutions for EXIM (export-import) and domestic cargo. The company operates through Container Freight Stations (CFS) for port-side logistics, Inland Container Depots (ICD) for hinterland logistics (including rail transportation), and cold chain logistics through its subsidiary, Snowman Logistics Ltd. GDL makes money by charging fees for container handling, storage, transportation (road and rail freight), and warehousing services for various types of cargo, including temperature-controlled goods.

Revenue Mix

Gateway Distriparks operates primarily through three key segments:

Container Freight Stations (CFS): Facilities located near major ports for temporary storage, customs clearance, and stuffing/de-stuffing of containers.

Inland Container Depots (ICD) & Rail Logistics: Facilities in the hinterland that act as extended arms of seaports, offering customs clearance, warehousing, and crucial rail connectivity to ports and other ICDs. This segment includes rail freight operations carrying containers.

Cold Chain Logistics: Through its listed subsidiary, Snowman Logistics Ltd., GDL provides temperature-controlled warehousing, transportation, and value-added services for perishable goods like food, pharmaceuticals, and dairy products.

While specific real-time revenue contributions are not provided here, the CFS and ICD/Rail segments typically form the bulk of the company's consolidated revenues, with cold chain contributing a growing, albeit smaller, portion.

Industry

The Indian logistics industry is large, diverse, and undergoing significant formalization and modernization, driven by factors like GST implementation, infrastructure development (e.g., Dedicated Freight Corridors), and increasing trade volumes. Gateway Distriparks is a well-established and organized player with a strong presence in the container logistics space, particularly in CFS and ICD operations near major ports (e.g., Mumbai, Chennai, Mundra, Krishnapatnam) and key industrial hubs. Its extensive network of facilities and private rail operating license positions it as one of the leading integrated logistics service providers, standing alongside other large private logistics companies and competing with smaller, regional players. In cold chain, Snowman Logistics is one of the largest and most prominent organized players in India.

MOAT

Extensive Infrastructure Network: GDL owns and operates a wide network of strategically located CFS and ICD facilities across India, coupled with its own rail sidings, container rakes, and transportation fleets. This asset-heavy model creates high barriers to entry for new competitors.

Integrated Service Offering: The ability to provide an end-to-end logistics solution covering port-side handling, rail and road transportation, customs clearance, and warehousing (including cold chain) creates convenience and cost efficiencies for customers, leading to stickiness.

Operating Experience & Relationships: Decades of operational experience in a complex logistics environment and established relationships with shipping lines, customs authorities, and large industrial clients.

Private Rail Operator License: Holding a Category I License for private container train operations gives it a unique capability to move cargo efficiently across long distances, leveraging India's rail network.

Growth Drivers

Economic Growth & Trade: Sustained growth in India's GDP, manufacturing output, and EXIM trade volumes will directly drive demand for logistics services, especially containerized cargo.

Infrastructure Development: Completion of projects like the Dedicated Freight Corridors (DFCs), Sagarmala, and Bharatmala will enhance rail and road connectivity, reduce transit times, and improve logistics efficiency, benefiting GDL's rail and ICD operations.

Formalization & Consolidation: Continued shift from unorganized to organized logistics players due to GST, e-way bills, and increasing demand for reliable, compliant services.

Containerization: Increasing adoption of containerization for domestic cargo movement.

Cold Chain Demand: Growing demand for temperature-controlled logistics driven by increasing consumption of processed foods, pharmaceuticals, QSRs, and the expansion of organized retail and e-commerce.

Risks

Economic Slowdown: A significant downturn in domestic or global economic activity, trade volumes, or manufacturing output could negatively impact cargo throughput and demand for logistics services.

Competition & Pricing Pressure: Intense competition from other organized logistics players, port operators, and even shipping lines expanding into inland logistics could lead to pricing pressure and margin erosion.

Regulatory & Policy Changes: Adverse changes in customs policies, port regulations, rail tariffs, or environmental norms could impact operations and profitability.

Infrastructure Delays: Delays in critical government infrastructure projects (like DFCs) could postpone expected operational efficiencies and volume growth.

Fuel Price Volatility: While rail is less fuel-intensive than road, significant fluctuations in fuel prices can impact transportation costs and margins.

Management & Ownership

Gateway Distriparks Ltd. is promoted by the well-regarded Navkar Group, which has a long-standing presence and experience in the logistics sector. The company has a professional management team with significant industry expertise. The ownership structure includes the promoter group holding a significant stake, alongside a mix of institutional investors (domestic and foreign) and public shareholders. The listing of its cold chain subsidiary, Snowman Logistics, demonstrates a strategic approach to unlocking value and attracting capital for specific business segments.

Outlook

Gateway Distriparks is positioned to benefit from the ongoing transformation and growth of the Indian logistics sector. The "bull case" centers on India's strong economic growth driving EXIM and domestic trade, the successful completion of DFCs leading to higher rail utilization and efficiency, and the increasing formalization of logistics favoring organized players like GDL. Growth in cold chain demand further adds to its potential. However, the "bear case" involves potential risks such as a prolonged economic slowdown impacting cargo volumes, intense competition leading to pricing pressure, unexpected regulatory hurdles, or delays in critical infrastructure projects that could temper growth and profitability. The company's asset-heavy model requires sustained demand and efficient utilization to generate strong returns, making capital allocation and operational execution crucial.

Gateway Distriparks Share Price

Live · BSE / NSE · Inception: 2005
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Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Gateway Distriparks Quarterly Results

#(Fig in Cr.) Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Net Sales 393 375 353 390 403 535 550 567 560 534
Other Income 2 7 5 5 5 18 4 3 6 5
Total Income 395 382 358 395 407 552 554 570 566 539
Total Expenditure 295 292 268 293 306 427 431 447 438 416
Operating Profit 100 90 89 101 101 125 123 123 128 123
Interest 12 12 11 11 10 15 15 16 15 14
Depreciation 24 23 26 26 26 37 37 39 39 39
Exceptional Income / Expenses 0 0 0 0 391 -259 0 0 -3 0
Profit Before Tax 64 55 52 65 455 -186 72 69 72 70
Provision for Tax 2 0 4 5 -0 5 10 2 5 7
Profit After Tax 63 55 48 60 456 -191 62 66 67 64
Adjustments 1 -0 0 0 -0 -2 -2 1 1 -3
Profit After Adjustments 63 55 49 60 455 -193 60 67 68 61
Adjusted Earnings Per Share 1.3 1.1 1 1.2 9.1 -3.9 1.2 1.3 1.4 1.2

Gateway Distriparks Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 691 743 740 789 867 869 1179 1374 1421 1536 1681 2211
Other Income 10 8 21 14 10 11 11 33 22 17 31 18
Total Income 701 751 761 803 878 880 1191 1407 1443 1553 1712 2229
Total Expenditure 523 595 608 629 666 692 866 1004 1052 1156 1295 1732
Operating Profit 179 156 153 174 211 188 325 402 391 397 417 497
Interest 12 23 27 21 15 24 80 65 46 47 48 60
Depreciation 47 50 50 56 57 78 131 128 104 95 115 154
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 132 -3
Profit Before Tax 119 83 75 98 139 87 113 210 246 261 387 283
Provision for Tax 14 32 35 14 28 -5 19 -14 4 3 13 24
Profit After Tax 105 52 40 83 111 91 94 224 242 258 374 259
Adjustments 0 0 0 0 0 0 0 -0 -2 -2 -3 -3
Profit After Adjustments 105 52 40 83 111 91 94 224 240 256 371 256
Adjusted Earnings Per Share 5.2 2.6 2 4.1 5.5 4.5 1.9 4.5 4.8 5.1 7.4 5.1

Gateway Distriparks Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 769 680 719 794 667 702 1475 1637 1777 1933 2203
Minority's Interest 0 0 0 0 0 0 10 10 12 14 250
Borrowings 95 311 382 151 118 96 449 339 291 224 265
Other Non-Current Liabilities 53 -3 19 17 18 109 85 31 -25 10 116
Total Current Liabilities 73 68 90 102 119 173 330 335 327 306 394
Total Liabilities 990 1055 1210 1065 923 1081 2349 2351 2381 2487 3228
Fixed Assets 699 760 805 817 789 893 1845 1790 1897 1922 2610
Other Non-Current Assets 116 72 28 31 23 25 237 232 241 309 169
Total Current Assets 176 223 378 217 110 163 267 329 243 226 419
Total Assets 990 1055 1210 1065 923 1081 2349 2351 2381 2487 3228

Gateway Distriparks Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 8 8 8 -1 30 0 -44 59 171 73 6
Cash Flow from Operating Activities 132 143 122 145 189 160 308 366 324 321 385
Cash Flow from Investing Activities -133 -186 -194 150 60 -81 24 -43 -207 -117 -111
Cash Flow from Financing Activities 1 43 64 -263 -278 -105 -228 -211 -215 -272 -267
Net Cash Inflow / Outflow -0 -0 -9 31 -30 -26 103 112 -98 -67 7
Closing Cash & Cash Equivalent 8 8 -1 30 0 -26 59 171 73 6 14

Gateway Distriparks Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 5.21 2.56 1.98 4.13 5.52 4.53 1.89 4.48 4.8 5.13 7.42
CEPS(Rs) 7.56 5.04 4.49 6.9 8.37 8.38 4.52 7.03 6.92 7.07 9.79
DPS(Rs) 0 0 0 0 4.76 3.1 4 5 2 2 2
Book NAV/Share(Rs) 17.75 19.05 21.02 24.71 18.44 20.18 29.52 32.76 35.56 38.68 44.1
Core EBITDA Margin(%) 24.39 19.96 17.81 20.32 23.18 20.39 25.86 26.18 25.38 24.23 21.94
EBIT Margin(%) 18.97 14.29 13.81 15 17.75 12.72 15.95 19.53 20.1 19.62 24.72
Pre Tax Margin(%) 17.24 11.2 10.11 12.37 16.05 9.97 9.35 14.89 16.93 16.65 22
PAT Margin (%) 15.17 6.95 5.39 10.55 12.83 10.51 7.79 15.86 16.63 16.46 21.25
Cash Profit Margin (%) 22.04 13.66 12.21 17.63 19.44 19.44 18.63 24.91 23.77 22.51 27.8
ROA(%) 11.39 5.05 3.52 7.31 11.2 9.11 5.51 9.52 10.22 10.61 13.08
ROE(%) 34.31 13.93 9.88 18.05 25.61 23.46 10.04 14.39 14.17 13.93 18.07
ROCE(%) 15.73 11.19 9.53 11.19 17.08 12.93 13.23 13.19 13.45 13.78 17.99
Receivable days 31.13 32.31 31.09 32.33 31.53 35.11 33.27 32.14 32.04 34.01 44.54
Inventory Days 0 0 0 0 0 0 0 0 0 0 3.12
Payable days 0 0 0 0 0 0 0 0 0 0 1214.95
PER(x) 0 0 0 0 0 0 0 14.78 13.05 19.54 8.06
Price/Book(x) 0 0 0 0 0 0 0 2.02 1.76 2.59 1.36
Dividend Yield(%) 0 0 0 0 0 0 0 7.55 3.19 2 3.34
EV/Net Sales(x) 1.04 1.1 1.23 0.83 0.75 0.78 0.81 2.64 2.45 3.46 1.99
EV/Core EBITDA(x) 4.03 5.22 5.99 3.74 3.1 3.58 2.93 9 8.91 13.37 8.02
Net Sales Growth(%) 21.9 7.5 -0.41 6.58 9.97 0.14 35.76 16.48 3.44 8.11 9.4
EBIT Growth(%) 80.02 -19.04 -3.76 15.79 30.15 -28.23 75.03 42.44 6.11 5.32 41.23
PAT Growth(%) 100.99 -50.77 -22.72 108.45 33.83 -18.02 3.47 137.03 8.08 6.76 44.72
EPS Growth(%) 100.99 -50.77 -22.72 108.46 33.83 -18.02 -58.26 136.93 7.2 6.81 44.74
Debt/Equity(x) 0.16 0.48 0.58 0.23 0.24 0.26 0.38 0.31 0.24 0.17 0.17
Current Ratio(x) 2.41 3.3 4.19 2.12 0.92 0.94 0.81 0.98 0.74 0.74 1.06
Quick Ratio(x) 2.41 3.3 4.19 2.12 0.92 0.94 0.81 0.98 0.74 0.74 1.02
Interest Cover(x) 10.95 4.63 3.73 5.7 10.4 4.62 2.42 4.21 6.34 6.6 9.07
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0.15 0.14 0.07 0.12

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +9% +7% +14% +9%
Operating Profit CAGR +5% +1% +17% +9%
PAT CAGR +45% +19% +33% +14%
Share Price CAGR -11% -8%
ROE Average +18% +15% +14% +18%
ROCE Average +18% +15% +14% +14%

Gateway Distriparks Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 33.92 %
FII 6.65 %
DII (MF + Insurance) 33.99 %
Public (retail) 66.08 %
# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 32.3232.3232.3232.3232.3232.3232.3232.3233.0233.92
FII 13.4312.3911.8210.519.648.427.647.696.496.65
DII 41.5742.6443.642.8839.7439.3337.5536.0335.6733.99
Public 67.6867.6867.6867.6867.6867.6867.6867.6866.9866.08
Others 0000000000
Total 100100100100100100100100100100

Gateway Distriparks Peer Comparison

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Gateway Distriparks Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Gateway Distriparks Pros & Cons

Pros

  • Company has delivered good profit growth of 32% CAGR over last 5 years
  • Company is almost debt free.

Cons

  • Promoter holding is low: 33.92%.
  • Debtor days have increased from 0 to 1214.95days.
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