**BSE Scrip Code: 544474** BLT Logistics Limited is a New Delhi-headquartered integrated supply chain solutions provider. Recently transitioned from a private entity to a **BSE-listed public company**, the firm is currently undergoing a strategic evolution from a domestic transport operator into a diversified global logistics and renewable energy player. The company specializes in end-to-end distribution, leveraging a growing captive fleet and a robust pan-India operational network. --- ### **Core Service Architecture & Operational Infrastructure** The company’s business model is built upon two primary service pillars, managed as a single reportable segment under **AS-17**: **Logistics and Warehousing Services**. * **Logistics Services:** Comprehensive end-to-end transportation and distribution, focusing on the movement of goods from centralized warehouses to diverse customer premises. * **Warehousing Services:** Integrated storage and inventory management solutions designed to optimize supply chain efficiency for core industries. To support these services, BLT Logistics maintains a robust fleet of **containerized vehicles**, which are critical for cargo safety and weather protection. The company has adopted a strategy of expanding its **captive fleet** to reduce dependency on third-party vendors and improve operating margins. | Asset Category | Details / Metrics | | :--- | :--- | | **Total Fleet Size** | **94+ Vehicles** (88 as of Sept 2025 + 6 added in April 2026) | | **Primary Vehicle Type** | **Containerized Vehicles** | | **Recent Acquisition (April 2026)** | **6 TATA LPT 3023 BSVI** units (18,000 kg GVW each) | | **Recent Capital Outlay** | **₹1.37 Crores** (invested in April 2026) | --- ### **Strategic Expansion: Global Footprint & Sectoral Diversification** BLT Logistics is aggressively pursuing a multi-pronged growth strategy that extends beyond traditional domestic logistics. This includes international expansion and a strategic entry into the sustainable energy sector. #### **New Corporate Entities & Ventures** | Entity Name | Relationship | Date of Incorporation | Strategic Focus | | :--- | :--- | :--- | :--- | | **Sabarmati Express India Pvt Ltd** | **Subsidiary (99.99%)** | Dec 2023 | Domestic logistics and express delivery support. | | **BLT International Logistics FZ-LLC** | **Wholly Owned Subsidiary** | **April 2026** | International operations based in **RAKEZ Free Zone, Dubai, UAE**. | | **BLT Renewable Energy Private Limited** | **Associate Company** | **February 2026** | Entry into **Renewable Energy**; BLT holds a **15% equity stake**. | #### **Future Growth Objectives** * **Domestic Penetration:** Increasing brand visibility and network density across India to capture a larger share of the goods transportation market. * **Service Innovation:** Transitioning from basic transport to high-quality, innovative supply chain solutions tailored for specialized industries. * **Sustainability Integration:** Incorporating ethical conduct and green energy initiatives (via the new Renewable Energy associate) into the core business model. --- ### **Capital Structure & IPO Details** The company successfully tapped the capital markets in **August 2025** to fund its expansion and strengthen its balance sheet. * **Authorized Equity Share Capital:** **₹8,00,00,000** (**80,00,000** shares of **₹10** each). * **Pre-IPO Paid-up Capital (March 2025):** **₹3,50,00,000** (**35,00,000** shares). * **Initial Public Offering (IPO):** Allotted **12,96,000** equity shares on **August 7, 2025**. * **Issue Price:** **₹75 per share** (including a **share premium of ₹65**). * **Post-IPO Share Range:** Distinctive numbers **3500001 to 4796000**. --- ### **Financial Performance & Balance Sheet Strength** The company maintains a stable financial trajectory with a focus on retaining earnings to fuel internal growth. For the fiscal year ended **March 31, 2025**, the company reported a **Net Profit of ₹300.86 lacs**, which was fully transferred to **Reserves and Surplus**. #### **Comparative Financial Snapshot (Standalone)** | Particulars | FY 2024-25 (₹) | FY 2023-24 (₹) | | :--- | :--- | :--- | | **Non-Current Investments** | **65,99,934** | **65,99,934** | | **Other Current Liabilities** | **6,57,20,070** | **7,33,48,390** | | **Total Trade Payables** | **3,19,35,389** | **3,49,29,028** | | **Undisputed MSME Dues** | **2,98,68,285** | **3,03,59,967** | | **Undisputed Others** | **2,06,71,040** | **4,56,90,600** | #### **Subsidiary Investment Detail** The investment in **Sabarmati Express Total India Private Limited** is a key strategic asset: * **Ownership:** **100%** (**99,999 shares**). * **Acquisition Cost:** **₹66 per share** (Total: **₹65,99,934**). * **Valuation:** Carried at cost in the standalone financial statements. --- ### **Risk Management, Liabilities, and Governance** BLT Logistics maintains a conservative approach to debt and a clean regulatory profile. * **Unsecured Loans:** The company utilizes funding from related parties to support liquidity. In FY25, loans were taken from **Rakesh Kumar (₹1,57,32,400)** and **Krishan Kumar (₹1,20,00,000)**. * **Contingent Liabilities:** A bank guarantee of **₹38,94,852** is currently issued to **Qwik Supply Chain Private Limited**. * **Statutory Compliance:** * Outstanding statutory dues as of March 31, 2025: **₹39,91,610**. * **No pending insolvency proceedings** under the IBC. * **No reported Benami properties** or proceedings. * **No outstanding charges** beyond statutory periods with the **Registrar of Companies (ROC)**. * **Capital Commitments:** As of the latest audit period, there are **no outstanding capital commitments**, providing the company with significant financial flexibility for its 2026 expansion plans.