Cement Logistics Company Commences Operations at Amritsar Depot for JK Cement

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

Kaushalya Logistics Limited (NSE: KLL) has made significant strides in its expansion plans with the commencement of operations at its new depot in Amritsar, Punjab, on October 18, 2024. This strategic move aligns with the company's vision of establishing a nationwide footprint and solidifies its position as a leading logistics provider in the cement industry. The Amritsar depot will serve as a pivotal hub for distributing JK Cement's products across Punjab and neighbouring regions, enhancing operational efficiency and ensuring timely deliveries to customers.

By partnering with JK Cement, one of India's top five largest cement manufacturers, KLL benefits from a consistent and substantial demand for logistics services. This collaboration reinforces KLL's reputation as a trusted partner for industry leaders and provides a stable foundation for future growth. The Amritsar depot's strategic location and increased capacity will enable KLL to cater more effectively to the northern region, expanding its service coverage and strengthening its relationships with existing and potential clients.

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 2 per cent to an intraday high of Rs 130 per share from its previous closing of Rs 127.45. The stock’s 52-week high is Rs 162.80 and its 52-week low is Rs 78. The stock is up by 66.67 per cent from its 52-week low of Rs 78 per share. 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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