Top 10 Logistics Companies in India 2024 - IndianCompanies.in (2024)

Here we can see the List of Top 10 Logistics Companies in India Before That take a look At Logistic Industry. The logistics industry in India remains highly inefficient at a macro level, due to the overwhelming share of the unorganized sector (~80%). Heavy use of roads due to a lack of development of other modes of transportation.

Read more Logistics Industry in India | Indian logistics market

Here is the List of Top Logistics Companies in India. The List was in descending order.

10. Adani Logistics Company

Adani Logistics Limited (ALL) is a pan India end-to-end logistics services provider – asset and service-based – across Container, Bulk, Breakbulk, Chemical, Auto and Liquid industries. Logistics Company has developed and operates, multi-modal logistics parks at Patli, Kishangarh, Kilaraipur, and Kanech.

• Revenue: Rs 582 Cr

In February 2019, Adani Logistics Limited (ALL) announced the acquisition of Adani Agri-Logistics Limited (AALL). Largest private rail operator in the country with a fleet of 34 container rakes (additional 14 container rakes on order). The Logistics Company also operates 7 Grain rakes and 4 BOXN-HN rakes under the GPWIS scheme.

9. Future Supply Chain Solutions Ltd

India’s largest organized third-party supply chain and logistics service provider. Offer automated and IT-enabled warehousing, distribution and other logistics solutions to a wide range of customers.

Future Supply Chain Solutions Ltd service offerings, warehousing structure, pan-India distribution network,” hub-and-spoke” transportation model and automated technology systems support competitive market position.

Operate in various sectors across India, including retail, fashion and apparel, automotive and engineering, food and beverage, fast-moving consumer goods (FMCG), e-commerce, healthcare, electronics and technology, home and furniture and ATMs.

• Contract Logistics
• Express Logistics
• Temperature-Controlled Logistics

Promoted by Future Enterprises Limited, which is promoted by Kishore Biyani. It is among the top 10 Logistics companies in India 2019

8. Gateway Distriparks Limited

Gateway Distriparks Limited is the only logistics facilitator in the whole of India with three verticals that are synergetic and capable of being interlinked – Container Freight Stations (CFS), Inland Container Depots (ICD) with rail movement of containers to major maritime ports, and Cold Chain Storage and Logistics.

• Sales₹1,416Cr.
• Operating profit₹357Cr.
• Net profit₹240Cr.
• Sales last year₹1,396Cr.
• EBIDT last year₹382Cr.

Logistics Company operates two Container Freight Stations at Navi Mumbai, one at Chennai, one at Krishnapatnam, One at Kochi and one at Visakhapatanam with a total capacity of over 600,000 TEUs.

• Total Assets₹2,400Cr.
• Reserves₹1,243Cr.
• Debt₹486Cr.
• Debt to equity0.28
• Dividend yield2.16%
• Face value₹10.0
• ROE 5Yr12.5%
• ROCE12.8%
• ROCE 3Yr12.0%
• Return on equity14.0%

These CFSs offer transportation & storage, general and bonded warehousing, empty handling and several value-added services. It is on the list of top 10 logistics companies in Chennai.

7. TCI Express Ltd

• Sales₹1,255Cr.
• Operating profit₹198Cr.
• Net profit₹141Cr.
• Sales last year₹1,241Cr.
• EBIDT last year₹201Cr.

Incorporated in 1958, as a “One Man, One Truck, One Office” company, TCI today is a leading integrated supply chain and logistics solutions provider and a pioneer in the sphere of cargo transportation in India. TCI has a 5000+ strong and dedicated workforce. Operating With 7000 trucks with A fleet of 4 cargo ships and 10 million sq ft. of warehousing space.

• Total Assets₹735Cr.
• Reserves₹589Cr.
• Debt₹7.07Cr.
• Debt to equity0.01
• Dividend yield0.57%
• Face value₹2.00
• ROE 5Yr26.8%
• ROCE32.6%
• ROCE 3Yr34.0%
• Return on equity24.6%

Leveraging on its extensive infrastructure, TCI offers seamless multi-modal Logistics solutions. An ISO 9001:2008 company, TCI is listed with premier stock exchanges – National Stock Exchange and Bombay Stock Exchange. It is in the list of top 10 logistics companies in India 2019.

6. VRL Logistics Ltd

VRL was founded in 1976 by DR. Vijay Sankeshwar in Gadag, a small town in North Karnataka with a single truck. The company gradually expanded its services to Bangalore, Hubli, and Belgaum. Currently the largest fleet owner of commercial vehicles in India with a fleet of 4835 Vehicles (Including 362 Passenger Transport Vehicles & 4473 Goods Transport Vehicles amongst others).

• Sales₹2,708Cr.
• Operating profit₹412Cr.
• Net profit₹308Cr.
• Sales last year₹2,649Cr.
• EBIDT last year₹418Cr.

VRL finds mention in the Limca Book of Record as the largest fleet owner of commercial vehicles in India in the Private Sector. 3PL & Warehousing solutions offered by VRL are tailor-made and cater to the unique needs of its diverse customer base. Operate through a network of 929 Branches and franchisees to cater to valuable customers.

• Total Assets₹1,892Cr.
• Reserves₹888Cr.
• Debt₹720Cr.
• Debt to equity0.74
• Dividend yield0.74%
• Face value₹10.0
• ROE 5Yr21.5%
• ROCE17.9%
• ROCE 3Yr16.6%
• Return on equity39.7%

5. Transport Corporation of India Ltd

Incorporated in 1958, as a “One Man, One Truck, One Office” company Further TCI has progressed within its division both internally and externally across boundaries to serve businesses among various industry verticals by being an intrinsic part of the customers’ logistics process.

• Sales₹3,828Cr.
• Operating profit₹419Cr.
• Net profit₹325Cr.
• Sales last year₹3,783Cr.
• EBIDT last year₹499Cr.

Equipped with highly advanced modern technology, encompassing various walks of life and fields of work and innovative business solutions. It is the among top 5 in the top 10 logistics companies in India 2023.

• Total Assets₹2,101Cr.
• Reserves₹1,686Cr.
• Debt₹91.9Cr.
• Debt to equity0.05
• Dividend yield0.88%
• Face value₹2.00
• ROE 5Yr18.5%
• ROCE22.4%
• ROCE 3Yr19.9%
• Return on equity20.5%

India’s leading integrated multimodal logistics and supply chain solutions provider. An extensive network of 1400+ company-owned offices and 12 million sq. ft. of warehousing space with a strong team of 6000+ trained employees and a strong foundation, TCI group has expanded boundaries to offers seamless multimodal transportation solutions in both Indian and International markets.

4. Mahindra Logistics Ltd

• Sales₹5,222Cr.
• Operating profit₹261Cr.
• Net profit₹2.92Cr.
• Sales last year₹5,128Cr.
• EBIDT last year₹276Cr.

Mahindra Logistics Ltd is one of India’s largest 3PL solutions providers in the Indian logistics industry which was estimated at INR 6.40 trillion in Fiscal 2017, according to the CRISIL Report. The Company is a Port of Mahindra Group. In the Year 2000, Mahindra Logistics Ltd was formed with a focus on Rural Transportation.

• Total Assets₹2,553Cr.
• Reserves₹490Cr.
• Debt₹834Cr.
• Debt to equity1.48
• Dividend yield0.68%
• Face value₹10.0
• ROE 5Yr7.99%
• ROCE7.36%
• ROCE 3Yr7.16%
• Return on equity4.45%

Mahindra Logistics operates in two distinct business segments: Supply Chain Management (SCM) and corporate People Transport Solutions (PTS). It is fourth in the list of best logistics companies in India.

3. Aegis Logistics Ltd

• Sales₹8,492Cr.
• Operating profit₹783Cr.
• Net profit₹536Cr.
• Sales last year₹8,627Cr.
• EBIDT last year₹847Cr.

Aegis Logistics Ltd. was incorporated in 1956 and its shares have been listed on the Bombay Stock Exchange since 1978. Its shares also trade on the National Stock Exchange. It is the Third largest Logistic Companies in India in terms of revenue

• Total Assets₹7,069Cr.
• Reserves₹3,497Cr.
• Debt₹1,924Cr.
• Debt to equity0.54
• Dividend yield1.76%
• Face value₹1.00
• ROE 5Yr14.2%
• ROCE15.9%
• ROCE 3Yr15.8%
• Return on equity15.9%

This Company is a part of Aegis Group and a leading provider of logistics and supply chain services to India’s oil, gas and chemical industry. Aegis is among the best logistics company list.

2. Allcargo Logistics Ltd

• Sales₹15,872Cr.
• Operating profit₹890Cr.
• Net profit₹546Cr.
• Sales last year₹18,051Cr.
• EBIDT last year₹1,217Cr.

Allcargo is the global leader in LCL consolidation and India’s first and Second largestintegrated Logistic Companies in India, in the private sector. The Company creates services that are innovative and adaptable towards your supply chain needs.

• Total Assets₹7,231Cr.
• Reserves₹2,765Cr.
• Debt₹1,180Cr.
• Debt to equity0.42
• Dividend yield1.19%
• Face value₹2.00
• ROE 5Yr16.8%
• ROCE18.5%
• ROCE 3Yr17.5%
• Return on equity20.1%

Allcargo is a dynamic organization with a strong network of 300+ offices across 160+ countries through ECU Worldwide. It is second in the list of best logistics companies in India.

1. Container Corporation Of India Ltd

• Sales₹8,098Cr.
• Operating profit₹1,783Cr.
• Net profit₹1,122Cr.
• Sales last year₹8,169Cr.
• EBIDT last year₹2,196Cr.

Container Corporation of India Ltd. (CONCOR), was incorporated in March 1988 under the Companies Act and commenced operation from November 1989 taking over the existing network of7 ICDsfrom the Indian Railways. It is the Largest Logistic Companies in India in Terms of Sales in the Recent year

• Total Assets₹13,465Cr.
• Reserves₹10,921Cr.
• Debt₹774Cr.
• Debt to equity0.07
• Dividend yield1.54%
• Face value₹5.00
• ROE 5Yr9.54%
• ROCE13.7%
• ROCE 3Yr11.3%
• Return on equity10.6%

A market leader having the largest network of 84 ICDs/CFSs in India (75 terminals and 9 strategic tie-ups). In addition to providing inland transport by rail for containers, it has also expanded to cover the management of Ports, air cargo complexes and establishing cold-chain. It is the best logistics companies in India.

Also Read List of Transport Companies in India