Cement Logistics Company Partners with Maersk Line to Strengthen Surface Transportation in India
The stock is up by 63.4 per cent from its 52-week low of Rs 78 per share.
Kaushalya Logistics Limited (NSE: KLL), a diversified conglomerate specializing in logistic support to the cement players, has announce its recent agreement with Maersk Line, the world's second-largest container shipping company, based in Copenhagen, Denmark. Under this agreement, KLL will manage Maersk Line's surface transportation requirements throughout India, further solidifying its role as a leading logistics provider.This collaboration offers KLL the opportunity to leverage Maersk's extensive network, enhancing its transportation solutions and operational efficiency for clients across various sectors.
Maersk Line is globally recognized for its diverse range of services, including shipping, logistics, trade finance, online services, remote container management, and cargo handling. Through this collaboration, KLL is committed to delivering high-quality surface transportation aligned with Maersk's global standards.
Maersk's inclusion strengthens KLL's position in the Full Truck Load segment, highlighting its reliability and ability to meet complex transportation needs across various industries. KLL has a solid foundation in the FTL segment, with clients such as Bharat Electronics Limited, VMS Equipment Pvt Limited, and Epicu Beverages Pvt Limited, who will be benefitted from KLL's expanded infrastructure and enhanced capabilities. The addition of Maersk further strengthens KLL's credibility and showcases its ability to deliver high-quality logistics services. This contract marks a strategic move for KLL, unlocking growth opportunities and diversifying its logistics offerings. Partnering with Maersk positions KLL for increased revenue and reinforces its commitment to providing comprehensive, end-to-end logistics solutions across India.
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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.
The stock is up by 63.4 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.