Cement Logistics Company Expands Full Truck Load (FTL) Segment With Bondada Engineering Ltd As New Client
The shares of the company have an ROE of 47 per cent and an ROCE of 28 per cent.
Kaushalya Logistics Limited (KLL) has significantly expanded its Full Truck Load (FTL) business by securing Bondada Engineering Limited (BEL) as a new client. This strategic move positions KLL as a leading logistics provider in India's infrastructure sector. BEL, a renowned player in project execution, requires efficient transportation solutions for specialized equipment and materials. KLL's expertise in logistics will enable BEL to maintain high standards in project delivery.
This partnership not only contributes to KLL's growth but also strengthens its reputation as a reliable logistics partner for major infrastructure players. As KLL continues to serve key industry leaders and expand its presence across India, this strategic client will further solidify its position in the logistics market.
About Bondada Engineering Limited
Incorporated in 2012, Bondada Engineering Limited provides engineering, procurement, and construction (EPC) services and operations and maintenance (O&M) services to companies operating in the telecom and solar energy industry. The company on October 11, 2024, bagged orders worth Rs 11,32,24,64,036 from Maharashtra State Power Generation Company Limited (MAHAGENCO) and as of March 31, 2024, the order book stands at Rs 1,747 crore.
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About Kaushalya Logistics Limited
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 Friday, shares of Kaushalya Logistics gained 9.7 per cent to an intraday high of Rs 136.50 per share from its previous closing of Rs 124.45. The stock’s 52-week high is Rs 162.80 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.