What we do Glottis Limited provides comprehensive freight forwarding and logistics services including ocean, air, road transport, warehousing, and customs clearance, focusing on seamless end-to-end supply chain solutions. |
Founded in 2,004 |
Market share Leading logistics operator in India’s renewable energy sector with a growing presence in diverse industries, serving over 1,900 customers across 125 countries. |
Problem solved Facilitates complex freight and logistics operations to optimize timely and secure goods movement, addressing challenges of supply chain efficiency and specialized cargo handling. |
Top clients or who we serve Serves B2B customers in renewable energy, engineering, FMCG, minerals, and consumer durable sectors globally and domestically, including major solar energy producers. |
Key management Ramkumar Senthilvel and Kuttappan Manikandan serve as Managing Directors, supported by independent directors for strong governance. |
Our journey and innovations Started as a partnership in 2004, evolved to public limited company in 2024, expanded services from freight forwarding to integrated logistics and warehousing with specialized solar logistics expertise. |
Where we operate Operations across India with international reach in Asia, Europe, Americas, Africa, and Australia, serving clients in over 125 countries globally. |
Top products or what we offer Ocean freight (FCL/LCL), air freight, road transportation, warehousing, customs brokerage, 3PL, and specialized project logistics handling fragile and oversized cargo. |
Top brands - |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely recurring from established long-term customer contracts in freight forwarding and logistics services. |
Our industry position Market leader in renewable energy logistics in India with significant share in solar sector cargo movements, supported by robust operational scale and partnerships. |
Financial highlights FY25 revenue of INR 941 crore with net profit of INR 56 crore; consistent revenue CAGR over 40% from FY23-25; FY25 EBITDA margin at 8.34%. |
Geographical revenue split About 89% revenue from India and 11% from international markets across Asia, Americas, Europe, Africa, and Australia. |
Order book - |
Whats driving growth Rising demand in renewable energy logistics, geographic expansion, enhanced fleet capacity, technology adoption, and government infrastructure initiatives. |
Our future plans Expand asset base, increase owned fleet, enhance integrated logistics services, broaden geographic footprint especially in new international markets. |
Our green promise Supports green logistics in renewable energy sector; adheres to health, safety, and environment standards; committed to sustainable growth and corporate social responsibility. |
Our people and values Employs over 180 permanent staff; emphasizes safety, accountability, and continuous training; promotes diversity and compliance at all levels. |
Key challenges ahead Managing freight rate volatility, adapting to softer global trade conditions, maintaining margin discipline amid competitive pressures. |
Interesting facts Handled over 112,000 TEUs of imports in FY25; key logistics partner for India’s solar capacity expansion covering nearly 20% of installed base. |
Risks and strategy Focus on variable cost management, shipment-level margin control, and maintaining strong customer relationships to mitigate market and operational risks. |
