Top 10 Best Logistics Companies in India [ 2022 Updated ]

Top 10 Best Logistics Companies in India [ 2022 Updated ]

The logistics sector in India has gained momentum in recent years, with the growth of online shopping. In an effort to facilitate transportation, the industry has witnessed a series of innovations. Besides, online shopping showing impressive trends, the logistics sector has got a boost. As a result, new players in the logistics sector have entered the market. In this post, you will get to know about the top 10 Logistics companies in India.

Logistics companies are responsible for planning, coordinating, storing, and carrying out the transportation of goods to the consumer from the producer. The method efficiently helps in the flow of goods to the consumer from the producer, along with proper storage. Thus, the logistics companies in India ensure a strong supply chain. They ensure that the transportation, shipping, management, and storage of goods take place properly.

 The Indian logistics sector is expected to be a $650 billion economy by 2025, growing at a CAGR of 8%. Presently, the logistics sector contributes to around 14.4% of the country’s GDP.

Here, you will get to know about the best logistics companies in India on the basis of their market revenue.

List of Top 10 Logistics Companies in India

Sl. No. Company Name Revenue

(INR)

Market Cap

(INR)

ROE Sales Growth (3Yrs) Promoter holding Debt to equity
10. Adani Logistics Company Rs 582 Cr. 132 Cr. 9.43% -1.64% 74.92% 0.9
9. Gateway Distriparks Limited 917 Cr 955.72 Cr. 8.46 % 3.54 % 30.00 % 0.67
8. TCI Express Ltd 1,055 Cr 2,908 Cr 30.83 % 11.3% 66.89 % 0.01
7. Future Supply Chain Solutions Ltd 1140.55 Cr. 312 Cr. 3.12% 23.81% 23.09% 0.57
6. VRL Logistics Ltd 2,128 Cr 2,380 Cr 14.87% 6.99 % 68.05% 0.55
5. Transport Corporation of India Ltd 2,797 Cr 2,151 Cr 17.51% 16.82 % 66.84 % 0.41
4. Mahindra Logistics Ltd 3,822 Cr. 2,836 Cr. 18.47% 22.48% 58.52% 0.22
3. Aegis Logistics Ltd 6,846 Cr. 5,949 Cr 17.04% 22.4% 59.57% 0.10
2. Allcargo Logistics Ltd 6,895 Cr 2,328 Cr 11.59 % 6.92 % 70.01 % 0.39
1. Container Corporation of India Ltd.

 

6,956 Cr 34,772 Cr. 12.51 % 3.48 % 54.80 % 0.01

 

10- Adani Logistics Limited

Adani Logistics Limited finds its name among the top 10 Logistics companies in India. As an end-to-end logistics support specialist, it operates across India.

Besides, Adani Logistics has ventured into several market segments, including liquid, auto, chemical, breakbulk, container, and bulk categories. Most importantly, this company has got multi-modal logistics parks in different cities like Kanech, Kila Raipur, Kishangarh, and Patli.

Adani Logistics Limited acquired Adani Agri-Logistics Limited in 2019. Adani Logistics is India’s biggest private rail operator, having a massive fleet of as many as 34 container rakes. Besides, it has got 14 container rakes coming up in the pipeline. Adani Logistics, also operates 4 BOXN-HN rakes and 7-grain rakes as per the GPWIS scheme.

Company portfolio

  • Rail logistics
  •  Auto logistics
  •  Agri logistics
  • Warehousing
  • Inland waterways

Adani Logistics has reported an impressive revenue inflow of INR 582 crore in the last financial year. Presently, it is operating with a market capitalization of INR 132 crore. At 9.43%, its ROE looks average, but the company shows negative growth in the last few years, at -1.64%. However, the impressive promoter holding at 74.92% establishes trust. Adani Logistics also has a good debt to equity ratio of 0.9. 

9- Gateway Distriparks Limited

Among the top 10 Logistics companies in India, Gateway Distriparks Limited happens to be the only company with three synergetic verticals. Most importantly, these verticals can be interlinked. These include CFS (Container Freight Stations), ICD (Inland Container Depots), along with cold chain storage facilities with logistics.

Besides, its facilities include rail container movement to every major Indian maritime port. As a logistics company, Gateway Distriparks has 2 of its container freight stations located in Navi Mumbai, and one each at Visakhapatnam, Krishnapatnam, Kochi, and Chennai. At 6,00,000 TEUs, it has got an impressive overall capacity.

Being one of the leading logistics companies in India, it offers a diverse range of services. The cold chain logistics of this company is run by Snowman Logistics Limited, which operates as its subsidiary.

Company portfolio

  • Container Freight Stations (CFS)
  • Rail-linked Inland Container Depots (ICD)
  • Cold Chain Logistics
  •  Stuffing and de-stuffing of cargo
  • Container repair

 In terms of revenue inflow, Gateway Distriparks Limited registered an impressive figure of INR 917 crore in the last financial year. Besides, it has got a strong market capitalization of INR 955.72 Cr. At 8.46%, the company’s return on equity looks fairly good. Although its consolidated growth over the last three years looks average at 3.54 %, the company has performed consistently. With 30.00 % promoter holding and 0.67 debt-to-equity, the company displays a healthy portfolio.

8- TCI Express Ltd

TCI Express, incorporated in 1958, has come a long way down over 60 years to establish itself as a key integrated logistics and supply chain provider. When it comes to India’s cargo transportation, this company continues to be a pioneer.

Presently, it records more than 10 million square feet of warehousing space. Besides, it has got 4 cargo ships and more than 7,000 trucks at its disposal. TCI Express operates with a strong workforce of over 5,000 employees. The company has shown an impressive growth trend over the last decades.

Presently, it is one of the best logistics companies in India, offering multi-modal solutions for logistics. TCI Express uses the term ‘solutions’ to denote its services. The sole objective of the company is to streamline cargo distribution and pacify the process. The company has a large plethora of services, which it customizes as per the needs of its customers.

 Company portfolio

  • Automobile transportation
  • Retail shipping
  • Pharmaceutical transportation
  • Ecommerce logistics

Telecom logistics

In the last financial year, the company registered a revenue of INR 1,055 crore. It has got a massive market capitalization, recorded at INR 2,908 crore. At 30.83 %, it has got a healthy ROE. In the last three years, the company has also registered a consolidated growth rate of 11.3% in sales. The promoter holding of TCI Express Ltd stands at 66.89%, which resonates with its sound structure. The debt-to-equity ratio of the company is 0.01.

7- Future Supply Chain Solutions Ltd

Future Supply Chain Solutions, one of the best logistics companies in India, happens to the largest organized third-party company in this segment. This company is known for its sophisticated IT-backed and automated distribution, warehousing, and varied logistics solutions.

It has got a well-established network across India, and its warehousing structure looks robust. Future Supply Chain Solutions operates in different Indian industry segments, including engineering, automotive, apparel, fashion, FMCG, food and beverage, ATMs, home décor, electronics, etc.

Presently, the company has got more than 80 distribution centers in India. It has got an extensive warehousing portfolio of 6.40 million square feet. Most importantly, it covers over 11,559 pin codes in the country. Future Supply Chain Solutions also has a sizable fleet of 116 refrigerated trucks and 832 containerized vehicles.

Company portfolio

  • Temperature-controlled logistics
  • Express logistics
  • Contract logistics
  •  Automotive transporting
  • Engineering goods transporting

Future Supply Chain Solutions Ltd finds its name among the top 10 Logistics companies in India, with an impressive sales figure of INR 1140.55c crore. The company has got a market capitalization of INR 312 Cr. The company has registered a weak return on equity at 3.12% in recent years. Over the last three years, the growth rate in sales has been 23.81%. The promoter holding of Future Supply Chain Solutions Ltd is 23.09%. It has got a decent debt to equity ratio of 0.57.

6- VRL Logistics Ltd

VRL Logistics Ltd. is more than just one of the leading logistics companies in India. This company has also earned itself a place in the Limca Book of Record as the owner of the largest fleet of commercial vehicles in India among the private sector companies. Their fleet consists of as many as 4,835 vehicles, of which 4,473 are goods transport vehicles and 362 are passenger transport vehicles. No wonder, it is presently one of the top 10 Logistics companies in India.

In 1976, DR. Vijay Sankeshwar laid the foundation of this company. An interesting fact about VRL Logistics Ltd. is that at the time of its formation, the company operated with just one truck. The company initially started in Karnataka and then expanded to Belgaum, Bangalore, and Hubli.

The logistics company is well-known for its personalized 3PL and warehousing solutions. Currently, it has built up an impressive network of 929 branches and franchisees.

Company portfolio

  • Warehousing
  • 3PL solutions
  • Courier services
  •  Parcel deliveries
  •  Full truckload services

The company owns assets worth INR 2,380 crore in terms of market capitalization and earned revenues worth INR 2,128 crore. Their sales rose by 6.99 % during the period of the last three years. During the last financial year, they recorded 14.87 % ROE and 0.55 debt-to-equity value. Promoters hold 68.05 % of the assets of this company.

5- Transport Corporation of India Ltd

Transport Corporation of India Ltd. happens to be one of the top 10 logistics companies in India that offer multimodal transport solutions. Ever since its foundation in 1958, TCI has proven itself to be reliable and earned a spot among the top logistics companies in the country. The company boasts of robust infrastructure and a large network, with more than 1,400 offices.

TCI employs over 6,000 trained individuals, which implies that the company is quite strong in terms of workforce. Moreover, the company is known to use sophisticated technologies and owns a warehousing space of more than 12 million Sq.Ft. These features have helped TCI keep up with the competition in modern times.

The company has undergone significant development since its inception, working with businesses across various industry verticals. TCI is particularly known to function by getting deeply involved in the logistics processes of their clients.

Company portfolio

  • Freight handling
  •  E-commerce delivery
  • Supply chain solutions
  •  Coastal shipping
  •  Warehousing

The company bagged INR 2,797 crore as revenue, with an ROE of 17.51%. In terms of market capitalization, TCI owns assets worth INR 2,151 crore. 66.84 % of the asset owned by the company is currently held by promoters. TCI scored a debt-to-equity value of 0.41 and displayed a 16.82% growth in sales in the past three years.

4- Mahindra Logistics Ltd

Back in the year 2000, Mahindra Logistics Ltd. came into existence. At that time, the key goal behind the formation of this company was to boost rural transportation. However, over the years it grew into one of the largest 3PL solutions providers in the country.

A part of the Mahindra Group, this company operates in two separate segments. These are corporate People Transport Solutions (PTS) and Supply Chain Management (SCM). On 24th August 2007, Mahindra Logistics Ltd. came under its incorporation as a public limited company.

One of the best logistics companies in India, it is well-known for the wide range of services that it offers through its huge fleet of vehicles. Their transportation solutions include network-based distribution, outbound solutions, last-mile delivery, and primary and secondary distribution.

  •  Company portfolio
  • Freight forwarding
  • In-factory logistics
  • Transportation
  • Warehousing
  • Contract manufacturing

The company earned revenues worth INR 3,822 crore in the last financial year. Mahindra Logistics Limited is currently operating with a market capitalization worth INR 2,836 crore. Their sales have leaped up by an impressive 22.48% in the last three years. The company also recorded a healthy debt-to-equity score of 0.22 and an ROE of 18.47%. Currently, promoters hold 58.52% of the assets of this company. It is likely that Mahindra Logistics Ltd. would remain as one of India’s leading logistics companies.  

3- Aegis Logistics Ltd

In terms of revenue, Aegis Logistics Ltd is the third largest logistics company in India. This company was established back in 1956 and has been delivering reliable services ever since. Their shares trade on the Bombay Stock Exchange and the National Stock Exchange.

Apart from being a major service provider in logistics, the company is also known to offer supply chain services to the oil, gas, and chemical industries in India. The mother company, Aegis Group, is deeply involved in these industries too.

This company offers excellent liquid logistics services, with their shore-based tank farm installations storing bulk amounts of liquid. These storage installations are particularly important in the import and export of oil, petrochemicals, and various other hazardous chemicals.

Company portfolio

  • Gas logistics
  •  Liquid logistics
  • Retail LPG
  • EPC services
  • Marine

As of the previous financial year, the company earned revenues worth INR 6,846 crore and recorded a market capitalization of 5,949 crore. The consolidated sales growth for the company for the last three years has been 22.4%. In the same year, Aegis Logistics Ltd. also recorded a promoter holding of 59.57% and ROE of 17.04%. At 0.10, the debt-to-equity value of this company was quite good in the last financial year too.

2- Allcargo Logistics Ltd

The second-largest logistics company in India, Allcargo Logistics Ltd boasts of a huge global network. The company operates in more than 160 countries, with over 300 offices all over. One of the reasons behind the popularity of this company is that they offer various innovative and tailored services to meet the requirements of different businesses and organizations.

Allcargo Logistics Ltd offers a wide range of services, including project logistics, eCommerce logistics, contract logistics, crane rentals, and more. Their group of companies includes Gati, ECU Worldwide, and Avvashya CCI.

They have also acquired Hindustan Cargo Ltd., FCL Marine Agencies, Econocaribe Consolidators, and two Hong Kong-based companies. This has enabled the company to build a large network, helping them grow significantly since its inception more than twenty-five years back.

  • Company portfolio
  • ICDs
  •  MTO
  • Airfreight and ILS
  •  Logistics park

 Container freight stations

During the last financial year, Allcargo Logistics Ltd. earned a revenue of INR 6,895 crore. They also displayed a market capitalization of 2,328 crore and recorded 11.59% ROE. Over the last three years, the sales of this company have grown by 6.92%. The debt-to-equity value is quite healthy at 0.39 and the promoter holding recorded in the last financial year was 70.01%.

1- Container Corporation Of India Ltd.

CONCOR (Container Corporation Of India) is a fully owned Indian Railways subsidiary. It is presently the topmost logistics company in India, considering the revenue inflow and volume of sales. In March 1988, the company was incorporated under the Companies Act. The next year, it started operating, taking over 7 ICDs from the parent firm, Indian Railways.

Being the market leader, CONCOR presently boasts the largest ICDs/CFSs, with 84 under its name. Among these, it has 9 strategic tie-ups and 75 terminals. The company carries out inland transportation for containers through railways.

Over the years, the company has expanded its portfolio of offerings. Presently, it covers the management of air cargo complexes, ports and establishes cold chains. The core business of CONCOR can be featured by as many as three main activities: terminal operation, carrier, and warehouse operator.

 CONCOR continues to leverage containerization in India, spearheading the same with its modern design of rail wagons. The customer services are friendly, and the company largely banks on information technology.

Company portfolio

  • Carrier
  • Air cargo clearance
  • LCL (Less than container load consolidation)
  • Bonded warehousing
  • Transit warehousing

With revenue of INR 6,956 crore in the last financial year, CONCOR continues to be the market leader in the Indian logistics sector. The company has got a massive market capitalization of INR 34,772 crore. Its ROE of 12.51 % looks impressive, while the consolidated growth over the last three years of 3.48 % is average. The promoter holding of 54.80 % is impressive, while the company’s debt to equity ratio is 0.01.

Conclusion

Well, now you know the best logistics companies in India, presented on the basis of revenue inflow in the last financial year. While some of these companies have been operating in India for decades, others are relatively new.

In any case, most of these logistics companies in India are embracing automation and other sophisticated technologies to streamline their operations. Besides, the eCommerce sector is expanding at a promising rate, which further establishes an impressive growth prospect for the Indian logistics sector.

No wonder, the upcoming years would see the logistics companies in India adopt more sophistication in terms of technology, besides generating employment in the country.


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