Ritco Logistics Limited is an India-based company primarily engaged in transportation activities. Incorporated in 2001, Ritco Logistics Ltd has evolved into an ISO 9001:2000 certified company and is a leading third-party logistics (3PL) service provider. The company offers a comprehensive range of logistics services, including transportation of cargo and warehousing services.
Ritco Logistics operates through an extensive network across India, maintaining a presence in over 300 locations with 50 branches and 8-9 fleet hubs. As of September 30, 2023, the company boasts an owned fleet size of approximately 296 vehicles. In addition to its owned assets, Ritco Logistics leverages a network of over 1600 trucks from the market, supplemented by hires from the spot market as needed, ensuring broad operational capability.
Ritco Logistics provides a diverse service portfolio tailored to meet various logistics needs:
- Contract Logistics: This includes warehouse management systems, business-to-business (B2B) logistics management, free zone trans-shipment documentation, and specialized storage facilities.
- Full Truck Load (FTL) Transportation: Offering a variety of trucking solutions to ensure efficient and timely delivery of goods across India.
- Warehousing and Distribution: Providing end-to-end warehousing and distribution logistics through its network of storage facilities. These solutions encompass activities like assembly and kitting services, including sorting, stuffing, tagging, labeling, and packaging.
- Tech-Enabled 3PL Services: Delivering advanced logistics solutions utilizing technology to a wide range of industries, enhancing efficiency and transparency.
Ritco Logistics Ltd has a notable journey in the Indian stock market. The company was initially listed on the BSE Limited SME platform on February 07, 2019. Subsequently, it migrated to the main boards of both BSE and NSE on April 12, 2022, marking a significant milestone in its corporate growth.
As of July 11, 2025, 03:59 PM, the market capitalization of Ritco Logistics Ltd stood at ₹878.44 Crore. The company's share price recorded a 52-week high of ₹444.00 and a 52-week low of ₹235.00, reflecting its market volatility and investor interest.
The company has demonstrated a robust financial growth trajectory in recent periods, showcasing strong operational efficiency and market demand.
Annual Performance (FY2025 vs. FY2024):
- Net Profit: Rose 27.95% to ₹42.21 crore in the year ended March 2025, compared to ₹32.99 crore in the previous year (FY2024).
- Sales: Increased 27.47% to ₹1,189.69 crore in the year ended March 2025, up from ₹933.30 crore in the previous year (FY2024).
Quarterly Performance (Q4 FY2025 vs. Q4 FY2024):
- Net Profit: Grew 36.49% to ₹11.97 crore in the quarter ended March 2025, as against ₹8.77 crore in the same quarter of the previous year (Q4 FY2024).
- Sales: Surged 37.13% to ₹345.41 crore in the quarter ended March 2025, compared to ₹251.88 crore in the same quarter of the previous year (Q4 FY2024).
- Revenue for FY2025: ₹1,189.69 crore
- Net Profit for FY2025: ₹42.21 crore
- Q4 FY2025 Revenue: ₹345.41 crore
- Q4 FY2025 Net Profit: ₹11.97 crore
- Market Capitalization: ₹878.44 Crore (as of Jul 11, 2025)
- Promoter Holding: 62.3%, indicating strong management confidence.
- PE Ratio: 20.83 (as of Jul 11, 2025)
- PB Ratio: 0.37 (as of Jul 11, 2025)
Ritco Logistics has been proactive in its expansion and modernization initiatives. In 2019, the company focused on enhancing its infrastructure through the modernization of fleet centers in Dahej and the construction of new fleet yards in Guwahati, Surat, and Panipat, all equipped with advanced amenities.
Recent corporate developments include securing significant contracts exceeding ₹125 crore with major firms, further expanding its fleet, and enhancing IT security measures to safeguard operations. The company has a consistent focus on leveraging technology; in 2011, it introduced an online tracking system allowing customers to view the location of their shipments via Ritco's website. Ritco also diversified into the warehousing business, becoming one of the leading polymer carriers in India.
A strong emphasis on operational excellence and safety is evident through initiatives such as the defensive training program for drivers, which commenced in 2013 across all Fleet Centers. This commitment contributes to its reputation as a trusted logistics partner. While the company consistently reports profits, it has prioritized reinvesting these earnings back into the business for expansion and growth rather than distributing dividends. This strategy positions Ritco Logistics well to capitalize on India's burgeoning logistics sector through its comprehensive service portfolio and expanding infrastructure network.
