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Velox Shipping and Logistics L

Services › Commercial Services & Supplies
₹25.09
at close · 27 Oct 2026
▲ 1.19 (+4.98%)

Latest filings

  1. Appointment of Mr. Omkar Prakash Kulkarni as Company Secretary and Compliance Officer · Management Changes
  2. Allots 56.31 lakh equity shares on warrant conversion; receives Rs 5.06 crore · Fund Raising
  3. Board allots 56.31 lakh shares on warrant conversion; appoints new CS · Board & Shareholder Meetings
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates as a freight contracting, shipping agency and logistics services holding company, built up through a series of acquisitions in FY26 after renaming from Velox Industries Limited. Consolidated revenue jumped from Rs. 25 lakh in FY25 to Rs. 2,089.53 lakh in FY26, almost entirely because of newly consolidated subsidiaries: 98%-owned Anchorage Shipping (effective December 2025) and 98%-owned US-based International Logistics Associates LLC, a freight contracting and shipping agency firm (effective January 2026). The standalone parent contributed only Rs. 330.45 lakh of total income in FY26, with the rest coming from these subsidiaries and their cost of services of Rs. 1,889.07 lakh. The company has signed amendment agreements to take roughly 80.56% of Divinus Express Logistics (an Indian logistics firm with FY25 turnover of Rs. 15.12 crore) and about 68.78% of Seaman Logistics Solutions (FY25 turnover of Rs. 50.88 crore), with the remaining stakes to be acquired over three years. Employee cost is 7.6% of revenue and other operating expenses (largely the freight cost of services) run at 100.4% of revenue, leaving the consolidated entity with a Rs. 73.28 lakh loss in FY26 versus a Rs. 43.94 lakh profit the year before. Capex was 7.9% of revenue, and the company has raised Rs. 8.5 crore by allotting 2.83 crore convertible warrants at Rs. 12 each to non-promoter investors.

Operating scale
FY26 consolidated total income
Rs. 2,089.53 lakhFY26
FY26 standalone total income
Rs. 330.45 lakhFY26
Cost of services (consolidated)
Rs. 1,889.07 lakhFY26
ILA turnover
USD 3.22 millionFY26
Divinus Express Logistics FY25 turnover
Rs. 15.12 croreFY25
Seaman Logistics Solutions FY25 turnover
Rs. 50.88 croreFY25
Who pays it
Shippers, freight clients and trading counterparties served through the US freight agency (ILA), Indian logistics arm Anchorage Shipping and pending acquisitions of Divinus Express Logistics and Seaman Logistics Solutions.
Biggest cost
Cost of services at Rs. 1,889.07 lakh (consolidated) — primarily freight and logistics operating costs routed through 'other opex' of 100.4% of revenue.
Kind of business
Small, recently renamed BSE-listed shell-style holding company rolling up freight, shipping agency and logistics subsidiaries; revenue scale has jumped but the consolidated entity is loss-making.
Where it sits
Paid-up equity capital of Rs. 797.40 lakh and net worth of Rs. 831.25 lakh as of 31 March 2026, both below SEBI's small-entity thresholds, exempting it from several corporate governance requirements.
Market Cap
₹20 Cr
P / E (TTM)
—
EV / EBITDA
—
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
-3.4%·
ROCE (FY26)
ROE -8.0% · margin -1.4%
Leverage
0.97·
Debt / Equity · moderate
Net debt ₹5.66 Cr
Where it sits among 188 Trading & Distributors peersBar = share of peers beaten · tick = industry median · latest reported figures
P/B#108/150
ROCE#152/177
ROE#137/158
Debt / Equity#130/154
EBITDA margin#116/137

Scorecard

Measured from the filed financials, judged against its Trading & Distributors peers · as of FY26 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Negative returns on capital — −3.4%
#152 of 177 in Trading & Distributors on the latest reported figures
Carries more debt than its peers — 0.97× equity
higher than 84% of its 154 Trading & Distributors peers

Charts

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Peers

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Financials

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Ownership

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Common questions

Answered from Velox Shipping and Logistics L's filed financials and exchange disclosures

What does Velox Shipping and Logistics L do?

Velox Shipping and Logistics L is a Commercial Services & Supplies company listed on BSE.

Does Velox Shipping and Logistics L pay a dividend?

Not in the latest reported year — Velox Shipping and Logistics L's dividend payout for FY26 was nil.

Is Velox Shipping and Logistics L debt-free?

No. It reported borrowings of ₹8.91 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹5.66 Cr after cash. Debt stands at 0.97× equity. That is higher than 84% of its 154 Trading & Distributors peers.

Where can I track Velox Shipping and Logistics L's announcements?

Every NSE and BSE filing by Velox Shipping and Logistics L appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.