Operates as a logistics solution provider in India's transport services sector, listed on the BSE SME platform and based in Bhavnagar, Gujarat. FY26 revenue stood at Rs. 4.04 crore, down 12.9% from Rs. 470.36 lakh in FY25. The cost base is dominated by materials and direct service expenses at 74.6% of revenue, with employee costs at 6.0% and other operating expenses at 1.4%. The company carries no capex spend in FY26. FY26 profit before tax was Rs. 31.69 lakh and total comprehensive income was Rs. 21.78 lakh. The board approved a preferential equity issue of about Rs. 11.87 crore in March 2026 to 17 allottees, with the promoter group taking its holding from about 40.27% to roughly 78.22% post-issue. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Logistics services. Small-scale, services-led logistics provider with high direct cost intensity and no capex
| ₹ crore · consolidated | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 4 | 5 | 4 |
| EBITDA (ex other income) | — | — | — |
| margin % | — | — | — |
| Owners' profit | — | — | — |
| EPS, as reported (₹) | 1.19 | 1.19 | 0.59 |
| ROE % · ROCE % | — · 8.2 | — · 4.8 | — · 3.6 |
| Debt / equity (x) | — | — | — |
| Cash from operations | (2) | (2) | 1 |
| Capex | — | (4) | (0) |
| ₹ crore | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|
| Revenue | 2 | 3 | 2 | 3 | 2 |
| Profit before tax | 0 | 0 | 0 | 0 | 0 |
| Net profit | — | — | — | — | — |
| EPS (₹) | 0.06 | 0.46 | 0.29 | 0.43 | 0.15 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| CONTAINER CORP OF IND LTD | 38,024 | 30.5 | 2.91 | 16.2 | 9.5 | 11.6 | 7.2 | 24.5 |
| DELHIVERY LIMITED | 32,882 | 351.3 | 3.39 | 33.6 | 1.6 | 1.2 | — | 8.7 |
| SHADOWFAX TECHNOLOGIES L | 14,920 | 92.7 | 8.55 | 59.0 | 6.4 | 5.7 | — | 8.3 |
| BLUE DART EXPRESS LTD | 11,490 | 40.0 | 6.47 | 12.1 | 13.9 | 13.4 | 13.3 | 16.7 |
| TRANSPORT CORPN OF INDIA | 6,587 | 14.4 | 2.53 | 11.9 | 17.7 | 14.4 | 11.9 | 11.3 |
| TVS SUPPLY CHAIN SOL L | 5,770 | 89.5 | 2.80 | 7.0 | 5.7 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 22 Aug 2026 · Company clarifies price movement is market-driven, no hidden info | regulatory legal | medium | — | — |
| 30 Jul 2026 · Routine compliance certificate on share dematerialisation for Q1 FY27 | compliance | minimal | — | — |
| 15 Jul 2026 · BSE seeks clarification from Gconnect Logitech on price movement | regulatory legal | high | — | — |
| 18 Jun 2026 · BSE filing with no detailed headline available | general | minimal | — | — |
| 29 May 2026 · Non Applicability of Annual Secretarial Compliance Report | compliance | minimal | — | — |
| 29 May 2026 · Financial Result | results | medium | — | — |
| 29 May 2026 · Outcome of BOard Meeting | results | high | — | — |
| 23 May 2026 · Gconnect Logitech And Supply Chain Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve Attached | results | low | — | — |
| 8 May 2026 · Attached | compliance | minimal | — | — |
| 22 Apr 2026 · The Exchange has sought clarification from Gconnect Logitech and Supply Chain Ltd on April 22, 2026 with reference to significant movement in price, in order to ensure that investors have .... | compliance | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| 4.8 |
| — |
| 7.2 |
| VRL LOGISTICS LIMITED | 5,044 | 18.9 | 4.41 | — | 20.7 | 14.5 | — | 21.9 |
| Afcom Holdings Limited | 4,284 | 22.2 | 9.38 | — | 26.7 | 20.2 | — | 41.2 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 10.8 | 15.7 | 14 of 54 | 76% |
| ROCE | 3.3 | 6.8 | 39 of 56 | 31% |
| Revenue growth | (19.1) | 9.5 | 38 of 42 | 10% |
| Market cap | 5 | 123 | 55 of 56 | 2% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.