Chartered logistics

Chartered Logistics Limited is a logistics comfpany and a transport service provider. The Company offers services, such as road transport services, special warehousing services, cost and freight services, right from the point of origin till the final point of destination. The features of its road transportation services consist of door-to-door services, project works and options of customized carrier as per customers’ need. It provides supply chain capability and logistics infrastructure. Its warehousing services, includes a range of services, such as inventory control and management, load building yard management. The Company has a fleet of approximately 650 owned and attached vehicles. The Company serves various clients from industry sectors, such as pharma, fast-moving consumer goods (FMCG), cement, heavy metals and tubes, power transmission, petroleum and chemicals. It operates in Gujarat, Rajasthan, Mumbai, West Bengal, Madvhya Pradesh, Uttarakhand, Uttaranchal and Chhattisgarh.

what make interest to invest in :

  1. See margin in the range of 18-22% in FY17.
    Will see 30-40 percent higher realisations once the Goods and Services Tax (GST) is rolled out, says Lalit Kumar Gandhi, MD of Chartered Logistics.

  2. The company, as the name suggests, is into logistics, surface transport to be more specific. In September, the company had announced receipt of some very good orders. It is a total of 5 orders, summing up to Rs.34 crore. The biggest order of Rs.17 crore is from Vedanta to be executed in 6 months; Rs.4.25 crore from Kalpataru Power to be completed in 6 months; Rs.8 crore from India Synthetic Rubber to be completed in one year; Rs.2 crore from GSFC and Rs.2.5 crore from GNFC – both to be executed in one year.

3.During the Q4 2016 quarter the Company had purchased 18 additional new trucks. Looking at the buoyancy of the business, the board has approved for buying up to 200 trucks in the next six months.

  1. Chartered Logistics Clients list , Reliance Industries Limited.
    Ambuja Cement Ltd.
    Aaditya Birla Group.
    HNG Float Glass
    Hindalco Industries.
    Greenply Industries.
    Gujarat Sidhee Cement.
    Heavy Metal Tubes.
    Hindustan Unliver.
    Indian Oil.
    Aastha India Pvt Ltd.
    The India Cement Ltd.
    JK Tyre.
    Trinetra Cement.
    Kalpa Taru.
    Bharat Petroleum.
    Jsw Steel.
    Jsw Cement.
    Tata Chemicals Limited.
    Bharat Petroleum.

  2. decrease in debt from 108 crore from 2012 to 56 crore in 2017

  3. Financial performance of last 5 years vs.last 5 quater… Its ecpacted to have better Q4 2016:

  1. MIDCAP MULTIBAGGERS 1 | Bull Run Here To Stay? | CNBC TV18 - YouTube

Cmp : 22.4
for FY 2017, expected EPs of 1.5 with cmp pe workout about 14, where as industry avg pe us 42, stock look undervalued

Risk : its transport business depend on client business , fuel price, govt. Polices…

Disclaimer: I have invested for long-term, but there is no guarantee of profits or no exceptions from losses. The investment advice provided are solely the personal views of the research team. You are advised to rely on your own judgment while making investment / Trading decisions. Past performance is not an indicator of future returns.


Hi Ajay,

Does the company have any moat which can prevent the competitor to take up the clients or client moving to some other player.

I didn’t found really however what I shaw is company expanding due to more demand also thinking in diversification in warehouse business too…

Company business in several States in india but not overseas.

Disruption in market post GST pressurising logistics companies: Chartered Logistics

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Hi Ajay,

What are your views on this company, at present? Any changes?

I am expecting GST benefit to company yet to come also more revenue from addition truck added to their business…further No downfall expected, more potential to go up…we will see further move with Q2 numbers