Scans

Tools

Home

Charts

Watchlist

Products

Gateway Distriparks Ltd

GATEWAY

NSE

₹49.02-2.27%19 Oct 2026

Reports

Logistics

Gateway Distriparks Ltd

GATEWAY

NSE

₹49.02

-2.27%

19 Oct 2026

SOICxStockScans Reports

Ask AI

Logistics

Indices

Business Overview: What the company does, in plain English.Growth Catalysts: The forward growth drivers and triggers.Guidance Report: Management guidance vs outcomes.Forensic Report: Accounting quality and red flags.Deep Dive Report: In-depth business analysis.

lead - Gateway Distriparks is India’s largest private-sector container-train operator, built on a simple idea: move shipping containers by rail between the country’s busiest ports and the factories of the northern hinterland, then handle them at both ends. The company was formed in 2021 when the erstwhile group companies were amalgamated with the family-promoted rail-freight business, creating a single entity that controls the full journey of a container from ship to factory gate. Its recurring approach is to own the hard-to-replicate infrastructure - rail-linked inland depots on large freehold land parcels along the Western freight corridor - and then wrap road transport, warehousing, and cold-chain services around that backbone, capturing more of the logistics spend per box.

Business segments

Three engines built around the container - a rail-and-terminal network that is the group’s foundation, a port-side handling business that captures cargo at the waterfront, and a nationwide cold-chain platform that extends the model into temperature-controlled goods.

1. Rail-linked inland container depots: the spine that moves India’s factory output to port

The company runs container trains from its own sprawling rail terminals in the northern manufacturing belt to the ports of Mundra, Pipavav, and Nhava Sheva, earning a fee on every box it moves and handles.

Owns the terminals, not just the trains - GDL operates six inland container depots (ICDs) on freehold land in Gurgaon, Faridabad, Ludhiana, Ahmedabad, and Kashipur, with a seventh under construction in Indore; these act as customs-cleared concentration points where cargo from hundreds of factories is stuffed into containers and loaded onto trains. The flagship Gurgaon terminal alone sits on 90 acres with an installed capacity of 300,000 TEUs (twenty-foot equivalent units, the standard container measure).
Double-stacking is the cost advantage - since 2011, the company has stacked one container on top of another on its trains, which increases carrying capacity per trip by up to 30% and improves asset productivity. Three of its terminals are double-stack hubs connected to the Western Dedicated Freight Corridor, a dedicated freight railway that cuts transit time from Faridabad to Mundra port to roughly 30 hours, down from 56 hours on the old network.
Expanding without building everything - the company recently signed a 15-year asset-light deal to be the exclusive train operator at a new Multi Modal Logistics Park in Ankleshwar, Gujarat, where a partner built the terminal on 120 acres; GDL provides the rail services and keeps exclusivity across all its existing markets, without putting capital into the terminal itself. It also acquired the Kashipur ICD in FY23, converting a terminal that previously used other operators’ trains into a captive facility fed by GDL’s own fleet.

2. Container freight stations: the port-side handshake

At five major ports, the company runs container freight stations that receive boxes from ships, clear them through customs, and either store cargo or dispatch it onward by rail and road - capturing revenue at the sea-land interface.

More than just a yard - revenue comes from container handling and transport, terminal services, warehousing, cargo consolidation, and first- and last-mile delivery, making the CFS a multi-service hub rather than a simple parking lot for boxes. The Nhava Sheva facility, on 35 acres, has an installed capacity of 240,000 TEUs.

3. Cold-chain logistics: the temperature-controlled national platform

Through its 50.01% subsidiary Snowman Logistics, the company runs India’s largest integrated temperature-controlled warehousing and distribution network, serving everything from pharmaceuticals and vaccines to seafood and quick-service restaurants.

A nationwide cold grid - Snowman operates 43 warehouses across 20 cities with a capacity of over 150,000 pallets, plus a fleet of more than 600 refrigerated vehicles, both owned and leased. It is the exclusive partner for Amazon’s fulfillment-center-based grocery and fresh-food delivery in India.
Consolidated by design - GDL spent several years buying Snowman shares from the open market, moving from a 40.25% stake in March 2023 to crossing the 50% threshold in December 2024, which turned Snowman into a consolidated subsidiary and added a second reporting segment to the group’s books.

Group structure and partners

The company is family-promoted, publicly listed, and held together by a simple structure of three operating subsidiaries and one joint venture, with the Gupta family increasing its stake over time.

The promoter, Mr. Prem Kishan Dass Gupta, and his family control the company through two wholly owned entities, Prism International and Perfect Communications, and promoter shareholding rose to 33.92% during the fourth quarter of FY26.
The three subsidiaries are Snowman Logistics (50.01% stake, listed separately), Gateway Distriparks (Kerala) Limited, and Kashipur Infrastructure and Freight Terminal (where GDL is acquiring the final 0.08% of shares to make it wholly owned).
The Kochi container freight station is a 60:40 joint venture with the Chakiat Group, and the Ankleshwar multimodal park is an asset-light partnership where the Sawariya Group owns the terminal and GDL is the exclusive train operator under a 15-year agreement.

Quick Ratios

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flow

Ratios

Peer Comparison

Quick Ratios

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flow

Ratios

Peer Comparison

Price

Charts

Documents

Edit Ratios

Mkt Cap

Market Capitalization

₹2,443Cr

Close Price

₹48.90

Industry

Logistics

Price To Earnings

9.98

Price To Sales

1.11

Revenue

₹2,211Cr

Rev Gr TTM

Revenue Growth TTM

17.72%

PAT Gr TTM

PAT Growth TTM

-35.78%

Consolidated

Standalone

Numbers

Percentage

Quarter	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue RevenueCr	399	393	375	353	390	403	535	550	567	560	534	549
Growth YoY Revenue Growth YoY%	11.0	15.2	-0.5	-4.5	-2.1	2.4	42.7	55.9	45.5	39.2	-0.2	-0.2
Expenses ExpensesCr	295	295	292	268	293	306	427	431	447	438	416	432
Operating Profit Operating ProfitCr	103	98	83	85	97	97	108	119	120	122	118	117
OPM OPM%	25.9	24.9	22.2	24.0	24.8	24.0	20.1	21.7	21.2	21.9	22.1	21.3
Other Income Other IncomeCr	4	4	8	5	5	395	-241	4	3	3	5	6
Interest Expense Interest ExpenseCr	12	12	12	11	11	10	15	15	16	15	14	13
Depreciation DepreciationCr	23	24	23	26	26	26	37	37	39	39	39	39
PBT PBTCr	73	66	57	53	65	455	-186	72	69	72	70	71
Tax TaxCr	-1	2	0	4	5	0	5	10	2	5	7	20
PAT PATCr	74	65	57	49	60	456	-191	62	66	67	64	51
Growth YoY PAT Growth YoY%	23.5	16.7	-17.7	-23.0	-18.2	605.8	-438.0	26.7	10.2	-85.3	133.4	-17.6
NPM NPM%	18.4	16.4	15.1	13.9	15.4	113.2	-35.7	11.3	11.7	12.0	11.9	9.3
EPS EPS₹	1.5	1.3	1.1	1.0	1.2	9.1	-3.9	1.2	1.3	1.4	1.2	1.0

Quarter	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue RevenueCr	399	393	375	353	390	403	535	550	567	560	534	549
Growth YoY Revenue Growth YoY%	11.0	15.2	-0.5	-4.5	-2.1	2.4	42.7	55.9	45.5	39.2	-0.2	-0.2
Expenses ExpensesCr	295	295	292	268	293	306	427	431	447	438	416	432
Operating Profit Operating ProfitCr	103	98	83	85	97	97	108	119	120	122	118	117
OPM OPM%	25.9	24.9	22.2	24.0	24.8	24.0	20.1	21.7	21.2	21.9	22.1	21.3
Other Income Other IncomeCr	4	4	8	5	5	395	-241	4	3	3	5	6
Interest Expense Interest ExpenseCr	12	12	12	11	11	10	15	15	16	15	14	13
Depreciation DepreciationCr	23	24	23	26	26	26	37	37	39	39	39	39
PBT PBTCr	73	66	57	53	65	455	-186	72	69	72	70	71
Tax TaxCr	-1	2	0	4	5	0	5	10	2	5	7	20
PAT PATCr	74	65	57	49	60	456	-191	62	66	67	64	51
Growth YoY PAT Growth YoY%	23.5	16.7	-17.7	-23.0	-18.2	605.8	-438.0	26.7	10.2	-85.3	133.4	-17.6
NPM NPM%	18.4	16.4	15.1	13.9	15.4	113.2	-35.7	11.3	11.7	12.0	11.9	9.3
EPS EPS₹	1.5	1.3	1.1	1.0	1.2	9.1	-3.9	1.2	1.3	1.4	1.2	1.0

Consolidated

Standalone

Numbers

Percentage

Financial Year	Mar 2015	Mar 2016	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Revenue RevenueCr	691	730	1,292	1,179	1,374	1,421	1,536	1,681	2,212	2,211
Growth Revenue Growth%		5.7		-8.7	16.5	3.4	8.1	9.4	31.6	17.7
Expenses ExpensesCr	521	587	978	866	1,005	1,052	1,157	1,295	1,732	1,733
Operating Profit Operating ProfitCr	170	144	314	313	369	368	380	386	480	478
OPM OPM%	24.6	19.6	24.3	26.5	26.8	25.9	24.7	23.0	21.7	21.6
Other Income Other IncomeCr	8	12	26	11	34	27	23	164	15	17
Interest Expense Interest ExpenseCr	11	13	103	79	65	45	46	48	59	58
Depreciation DepreciationCr	47	50	133	131	128	104	95	115	153	155
PBT PBTCr	119	92	103	113	210	246	261	387	283	282
Tax TaxCr	14	32	-6	19	-14	4	3	13	23	34
PAT PATCr	105	61	109	94	224	242	258	374	259	248
Growth PAT Growth%		-42.1		-13.6	136.9	8.1	6.8	44.7	-30.6	-35.8
NPM NPM%	15.2	8.3	8.5	8.0	16.3	17.0	16.8	22.2	11.7	11.2
EPS EPS₹	5.2	3.0	7.5	1.9	4.5	4.8	5.1	7.4	5.1	4.9

Financial Year	Mar 2015	Mar 2016	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Revenue RevenueCr	691	730	1,292	1,179	1,374	1,421	1,536	1,681	2,212	2,211
Growth Revenue Growth%		5.7		-8.7	16.5	3.4	8.1	9.4	31.6	17.7
Expenses ExpensesCr	521	587	978	866	1,005	1,052	1,157	1,295	1,732	1,733
Operating Profit Operating ProfitCr	170	144	314	313	369	368	380	386	480	478
OPM OPM%	24.6	19.6	24.3	26.5	26.8	25.9	24.7	23.0	21.7	21.6
Other Income Other IncomeCr	8	12	26	11	34	27	23	164	15	17
Interest Expense Interest ExpenseCr	11	13	103	79	65	45	46	48	59	58
Depreciation DepreciationCr	47	50	133	131	128	104	95	115	153	155
PBT PBTCr	119	92	103	113	210	246	261	387	283	282
Tax TaxCr	14	32	-6	19	-14	4	3	13	23	34
PAT PATCr	105	61	109	94	224	242	258	374	259	248
Growth PAT Growth%		-42.1		-13.6	136.9	8.1	6.8	44.7	-30.6	-35.8
NPM NPM%	15.2	8.3	8.5	8.0	16.3	17.0	16.8	22.2	11.7	11.2
EPS EPS₹	5.2	3.0	7.5	1.9	4.5	4.8	5.1	7.4	5.1	4.9

Consolidated

Standalone

Numbers

Percentage

Financial Year	Mar 2015	Mar 2016	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital Equity CapitalCr	202	202	109	500	500	500	500	500	500
Reserves ReservesCr	156	217	1,208	975	1,137	1,277	1,433	1,704	1,793
Current Liabilities Current LiabilitiesCr	73	69	291	330	332	327	306	394	419
Non Current Liabilities Non Current LiabilitiesCr	106	171	818	587	456	389	401	610	557
Total Liabilities Total LiabilitiesCr	947	1,070	2,437	2,402	2,435	2,504	2,654	3,457	3,522
Current Assets Current AssetsCr	176	236	215	267	329	243	226	419	437
Non Current Assets Non Current AssetsCr	771	834	2,221	2,136	2,105	2,261	2,428	3,038	3,085
Total Assets Total AssetsCr	947	1,070	2,437	2,402	2,435	2,504	2,654	3,457	3,522

Financial Year	Mar 2015	Mar 2016	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital Equity CapitalCr	202	202	109	500	500	500	500	500	500
Reserves ReservesCr	156	217	1,208	975	1,137	1,277	1,433	1,704	1,793
Current Liabilities Current LiabilitiesCr	73	69	291	330	332	327	306	394	419
Non Current Liabilities Non Current LiabilitiesCr	106	171	818	587	456	389	401	610	557
Total Liabilities Total LiabilitiesCr	947	1,070	2,437	2,402	2,435	2,504	2,654	3,457	3,522
Current Assets Current AssetsCr	176	236	215	267	329	243	226	419	437
Non Current Assets Non Current AssetsCr	771	834	2,221	2,136	2,105	2,261	2,428	3,038	3,085
Total Assets Total AssetsCr	947	1,070	2,437	2,402	2,435	2,504	2,654	3,457	3,522

Consolidated

Standalone

Financial Year	Mar 2015	Mar 2016	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Operating Cash Flow Operating Cash FlowCr	132	140	303	308	366	324	321	385	469
Investing Cash Flow Investing Cash FlowCr	-133	-183	-19	24	-43	-207	-117	-110	-126
Financing Cash Flow Financing Cash FlowCr	1	43	-336	-228	-211	-215	-272	-267	-338
Net Cash Flow Net Cash FlowCr	0	0	-52	103	112	-98	-67	8	5
Free Cash Flow Free Cash FlowCr	42	8	299	269	321	109	248	370	354
CFO To PAT CFO To PAT%	125.8	230.1	276.6	325.6	163.3	134.0	124.5	103.0	180.8
CFO To EBITDA CFO To EBITDA%	77.7	97.3	96.5	98.3	99.2	88.0	84.7	99.8	97.8

Financial Year	Mar 2015	Mar 2016	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Operating Cash Flow Operating Cash FlowCr	132	140	303	308	366	324	321	385	469
Investing Cash Flow Investing Cash FlowCr	-133	-183	-19	24	-43	-207	-117	-110	-126
Financing Cash Flow Financing Cash FlowCr	1	43	-336	-228	-211	-215	-272	-267	-338
Net Cash Flow Net Cash FlowCr	0	0	-52	103	112	-98	-67	8	5
Free Cash Flow Free Cash FlowCr	42	8	299	269	321	109	248	370	354
CFO To PAT CFO To PAT%	125.8	230.1	276.6	325.6	163.3	134.0	124.5	103.0	180.8
CFO To EBITDA CFO To EBITDA%	77.7	97.3	96.5	98.3	99.2	88.0	84.7	99.8	97.8

Consolidated

Standalone

Financial Year	Mar 2015	Mar 2016	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	Current
Valuation Ratios Valuation Ratios
Market Cap Market CapitalizationCr					3,308	3,131	5,006	2,990	2,523	2,443
Price To Earnings Price To Earnings					14.8	13.1	19.5	8.1	9.9	10.0
Price To Sales Price To Sales					2.4	2.2	3.3	1.8	1.1	1.1
Price To Book Price To Book					2.0	1.8	2.6	1.4	1.1	1.1
EV To EBITDA EV To EBITDA					10.1	9.7	14.5	9.6	6.6	6.6
Profitability Ratios Profitability Ratios
GPM GPM%	98.6	98.7	33.6	36.5	35.3	34.2	33.7	33.5	32.9	32.9
OPM OPM%	24.6	19.6	24.3	26.5	26.8	25.9	24.7	23.0	21.7	21.6
NPM NPM%	15.2	8.3	8.5	8.0	16.3	17.0	16.8	22.2	11.7	11.2
ROCE ROCE%	28.4	18.2	9.3	8.8	12.2	12.6	12.6	14.9	11.6	11.6
ROE ROE%	29.3	14.5	8.3	6.4	13.7	13.6	13.4	17.0	11.3	11.3
ROA ROA%	11.1	5.7	4.5	3.9	9.2	9.7	9.7	10.8	7.4	7.4
Operational Ratios Operational Ratios
Solvency Ratios Solvency Ratios
Liquidity Ratios Liquidity Ratios

Financial Year	Mar 2015	Mar 2016	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	Current
Valuation Ratios Valuation Ratios
Market Cap Market CapitalizationCr					3,308	3,131	5,006	2,990	2,523	2,443
Price To Earnings Price To Earnings					14.8	13.1	19.5	8.1	9.9	10.0
Price To Sales Price To Sales					2.4	2.2	3.3	1.8	1.1	1.1
Price To Book Price To Book					2.0	1.8	2.6	1.4	1.1	1.1
EV To EBITDA EV To EBITDA					10.1	9.7	14.5	9.6	6.6	6.6
Profitability Ratios Profitability Ratios
GPM GPM%	98.6	98.7	33.6	36.5	35.3	34.2	33.7	33.5	32.9	32.9
OPM OPM%	24.6	19.6	24.3	26.5	26.8	25.9	24.7	23.0	21.7	21.6
NPM NPM%	15.2	8.3	8.5	8.0	16.3	17.0	16.8	22.2	11.7	11.2
ROCE ROCE%	28.4	18.2	9.3	8.8	12.2	12.6	12.6	14.9	11.6	11.6
ROE ROE%	29.3	14.5	8.3	6.4	13.7	13.6	13.4	17.0	11.3	11.3
ROA ROA%	11.1	5.7	4.5	3.9	9.2	9.7	9.7	10.8	7.4	7.4
Operational Ratios Operational Ratios
Solvency Ratios Solvency Ratios
Liquidity Ratios Liquidity Ratios

	SHIPROCKET	TCI	SINDHUTRAD	GATEWAY	RIIL	TEJASCARGO	WCIL
Market CapitalizationMkt CapCr	9,146	6,604	3,685	2,443	1,122	980	973
Close PriceClose₹	125.70	859.50	20.00	48.90	743.00	410.00	95.48
IndustryIndustry	Logistics	Logistics	Logistics	Logistics	Logistics	Logistics	Logistics
Price To EarningsPE		14.44	45.45	9.98	94.65	38.90	26.52
Price To SalesPS	4.52	1.31	7.55	1.11	29.70	1.56	0.52
RevenueRevenueCr	2,024	5,026	488	2,211	38	629	1,878
Revenue Growth TTMRev Gr TTM%		9.6%	-63.7%	17.7%	-23.6%	25.4%	9.3%
PAT Growth TTMPAT Gr TTM%		6.7%	12.3%	-35.8%	-1.9%	9.3%	-35.6%

	SHIPROCKET	TCI	SINDHUTRAD	GATEWAY	RIIL	TEJASCARGO	WCIL
Market CapitalizationMkt CapCr	9,146	6,604	3,685	2,443	1,122	980	973
Close PriceClose₹	125.70	859.50	20.00	48.90	743.00	410.00	95.48
IndustryIndustry	Logistics	Logistics	Logistics	Logistics	Logistics	Logistics	Logistics
Price To EarningsPE		14.44	45.45	9.98	94.65	38.90	26.52
Price To SalesPS	4.52	1.31	7.55	1.11	29.70	1.56	0.52
RevenueRevenueCr	2,024	5,026	488	2,211	38	629	1,878
Revenue Growth TTMRev Gr TTM%		9.6%	-63.7%	17.7%	-23.6%	25.4%	9.3%
PAT Growth TTMPAT Gr TTM%		6.7%	12.3%	-35.8%	-1.9%	9.3%	-35.6%