Cement Logistics Company Secures 2 New Contracts with Indian Bulls Enterprise Ltd and STP Ltd

The shares of the company have an ROE of 47 per cent and an ROCE of 28 per cent.

Kaushalya Logistics Limited (KLL), a diversified conglomerate primarily serving the cement industry, has expanded its services by securing freight forwarding contracts with Indian Bulls Enterprise Limited and STP Ltd. This strategic move marks KLL's entry into the logistics of specialized industrial equipment across complex routes, demonstrating the company's expertise in handling high-value cargo and its commitment to broadening its service portfolio beyond its core logistics and C&F operations, solidifying its position as a versatile and reliable logistics provider.

Earlier, the company significantly expanded its operations by securing a Letter of Intent (LOI) from Adani Cement to establish a second depot in Binagudi, West Bengal. This new facility will handle approximately 50,000 tons of cement annually, with KLL overseeing rake operations, depot management, and secondary transportation. This development solidifies KLL's position as a crucial logistics partner for Adani Cement and marks a strategic step in the company's expansion across India. With ongoing negotiations for additional depots with Adani Cement, JK Cement, and Dalmia Cement, KLL is poised for substantial growth as it strengthens its national presence and enhances operational capabilities to deliver superior logistics services within the cement sector.

Kaushalya Logistics Limited, formerly a construction company, transformed its business in 2010 to provide logistic support exclusively to the cement industry. Now a prominent player with a pan-India presence, it serves Dalmia Cement Bharat Limited across 70 locations and boasts a strong online marketplace presence. Beyond core logistics, the company has ventured into commercial real estate. With a robust financial performance, registering Rs 1,47,832.91 lakh in total revenue, Rs 1,951.73 lakh in EBITDA, and Rs 910.29 lakh in net profit for FY24, Kaushalya Logistics aims to expand its service offerings and geographical footprint, positioning itself as a comprehensive logistics and C&F solutions provider.

On Tuesday, shares of Kaushalya Logistics gained 2.45 per cent to an intraday high of Rs 129.95 per share from its previous closing of Rs 126.85. The stock made a new 52-week high is Rs 129.95 and its 52-week low is Rs 78. The shares of the company have an ROE of 47 per cent and an ROCE of 28 per cent. Investors should keep an eye on this cement logistics stock.

Disclaimer: The article is for informational purposes only and not investment advice. 

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