Shree Vasu Logistics Limited is a prominent logistics and carrying and forwarding agent (C&FA) company primarily operating in central India. The company specializes in warehouse renting and allied transporting services, offering customized and end-to-end logistics solutions. These services include transportation and distribution, warehousing, in-factory logistics, and various value-added services to its clientele.
Originally incorporated as `Shree Vasu Logistics Private Limited` on March 21, 2007, in Raipur, Chhattisgarh, the company later converted into a Public Limited Company and was renamed Shree Vasu Logistics Limited on February 06, 2018. It functions as a third-party logistics (3PL) solution provider, extending its services across multiple Indian states, including Chhattisgarh, Orissa, West Bengal, Assam, and parts of Madhya Pradesh. The company maintains clean and temperature-controlled warehouses, equipped with advanced safety and security systems for the secure storage of goods and medicines.
Shree Vasu Logistics Ltd holds a market capitalization of ₹862 Crore as of June 26, 2025, and is classified as a Small Cap company by Value Research. The stock has demonstrated impressive growth, delivering a return of 100.57% over the last three years. Short-term performance is equally strong, with the share price increasing by 119.61% over the past six months and 210.37% in the last year.
The stock exhibits significant volatility, with its 52-week low recorded at ₹202.55 and a 52-week high at ₹855.7. From a valuation perspective, the stock trades at premium multiples. As of June 26, 2025, the P/B ratio stands at 25.14 times, representing a 719% premium compared to its peers' median range of 3.07 times. Similarly, the P/E ratio is 393.98 times, a 120% premium over its peers' median of 178.69 times.
The company's financial performance has shown a mix of results in recent periods.
- Q3 FY2024-25 (Dec 2024): Net profit declined by 61.22% to ₹0.38 crore, compared to ₹0.98 crore in Q3 FY2023-24. However, sales saw a robust increase of 19.82% to ₹36.87 crore, up from ₹30.77 crore in the previous year's corresponding quarter.
- Q2 FY2024-25 (Sep 2024): The company reported a net loss of ₹0.05 crore, contrasting with a net profit of ₹1.22 crore in Q2 FY2023-24. Sales growth remained positive, rising by 8.40% to ₹34.60 crore from ₹31.92 crore in the same period last year.
- Revenue Growth: Operating revenue reached ₹136.38 Crore. An annual revenue growth of 22% is considered outstanding.
- Profitability: Trailing 12-month (TTM) profit after tax was ₹2 Crore.
- Financial Ratios: Pre-tax margin of 3% indicates a need for improvement, while Return on Equity (ROE) of 9% is fair but also has room for enhancement.
- Debt Position: The company carries a debt-to-equity ratio of 79%, which is relatively high.
- Q3 FY2024-25 Sales: ₹36.87 Crore
- Q3 FY2024-25 Net Profit: ₹0.38 Crore
- TTM Operating Revenue: ₹136.38 Crore
- TTM Net Profit: ₹2 Crore
- Market Capitalization: ₹862 Crore (as on 26-Jun-2025)
- P/E Ratio: 393.98x (as on 26-Jun-2025)
- P/B Ratio: 25.14x (as on 26-Jun-2025)
- Debt to Equity: 79%
- Promoter Holding: 73.50% (as of Dec 2024)
Shree Bhushan Garg and Atul Garg are the promoters of the company and were the initial subscribers to its Memorandum of Association. Mr. Atul Garg serves as the managing director. Notably, there is no promoter pledging in Shree Vasu Logistics Ltd, signifying strong commitment from the promoters.
The shareholding pattern underscores this commitment, with promoter holding increasing to 73.50% as of December 2024, up from 73.06% in March 2024.
Established in 2007, Shree Vasu Logistics operates primarily as a third-party Logistics Services Provider (LSP). Its core business involves providing diverse logistics services such as acting as a Carrying and Forwarding Agent, Warehousing and Inventory Management, and Distribution Management through Secondary Transportation. The company's business model largely revolves around the Carrying and Forwarding Agent framework within the domestic market.
The company has strategically invested in robust technology infrastructure to optimize its operations. Its comprehensive logistics control system integrates a Transport Management System, Vehicle Management System, Warehouse Management System, Order Management System, Document Management System, Compliant Management System, and a Track and Trace mechanism, all unified within a single Enterprise Resource Planning (ERP) system.
To expand its business footprint and capabilities, Shree Vasu Logistics has pursued strategic acquisitions.
- On May 09, 2007, the company acquired M/s. Yashraj Logistics, a proprietorship concern owned by one of the promoters, Mr. Atul Garg (Karta of M/s. Atul Garg HUF), which was also engaged in the Carrying and Forwarding Agency business.
- Similarly, on the same date, the company acquired M/s. Shree Logistics, a proprietorship concern of another promoter, Mr. Shree Bhushan Garg, also involved in the Carrying and Forwarding Agency business.
The company successfully launched its Initial Public Offer (IPO) in May 2018, issuing 20,64,000 Equity Shares and raising ₹9.28 Crore in equity capital. Shree Vasu Logistics Ltd is listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) under the ticker symbol SVLL.
From a technical standpoint, the stock is currently trading close to its 50-Day Moving Average (DMA) and is comfortably placed above its 200-DMA, approximately 31% higher. For a sustained upside move, it needs to find support around the 50-DMA level. The stock is presently forming a base in its weekly chart, trading about 7% away from a crucial pivot point.
Shree Vasu Logistics represents a regional logistics player with substantial growth potential within India's expanding logistics sector. While the company has demonstrated strong revenue growth and maintains a dominant market position in central India, investors should carefully evaluate its high valuation multiples and recent challenges in profitability. The strong promoter holding, integration of advanced technology, and strategic geographic positioning in high-growth regions provide a solid foundation for long-term growth, though close monitoring of near-term financial performance is advisable.
