What we do Ritco Logistics Ltd is a leading Indian company offering integrated logistics services, including transport, warehousing, and supply chain solutions across India. |
Founded in 1,996 |
Market share Largest provider of petroleum transport logistics in India with a pan-India presence in over 150 locations and 750+ associated drivers and fleet operators. |
Problem solved Provides efficient, reliable logistics and supply chain management to optimize freight, warehousing, and distribution challenges for various industries. |
Top clients or who we serve Serves key sectors like petroleum, steel, coal, cement, catering to B2B customers nationwide. |
Key management SanJeev Kumar Elwadhi (Managing Director & CEO), Man Mohan Pal Chadha Singh (Whole-Time Director & CFO) |
Our journey and innovations Started in 1996 as contract logistics provider; introduced online tracking in 2011; expanded fleet and warehousing; modernized fleet centres since 2019; diversified into steel and cement logistics by 2024-25. |
Where we operate Across India with fleet centres and operations now extended to East and South India including Guwahati, Surat, Panipat, and Dahej. |
Top products or what we offer Integrated freight transportation (bulk, dedicated round trips, FTL, LTL), fleet management, warehousing services, and value-added logistics solutions. |
Top brands Ritco Logistics flagship brand is recognized as a key leader in petroleum and commodity logistics nationwide. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is largely recurring from long-term logistics contracts including transport and warehousing services. |
Our industry position Among top logistics providers in India with strong foothold in petroleum and commodity transport logistics sectors. |
Financial highlights FY 2024-25 revenue stood at INR 1188.6 crores, profit after tax INR 47.19 crores, showing approximately 27% revenue and 38% net profit growth year-on-year. |
Geographical revenue split Revenue mainly from operations across India; eastern and southern expansion ongoing. |
Order book - |
Whats driving growth Fleet modernization, enhanced warehousing capacity, diversification into steel and cement logistics, digital tracking improving service efficiency. |
Our future plans Focused on expanding fleet centres, warehouse development, technology upgrades, and strengthening strategic client base. |
Our green promise - |
Our people and values Over 1087 employees with focus on safety (driver defensive training), employee stock ownership plans, and inclusive corporate culture. |
Key challenges ahead Competitive logistics market pressures, rising fuel costs, and need to maintain service quality amid expansion. |
Interesting facts Handled over 4.5 million tons of cargo in FY 2024-25; one of India’s largest polymer carriers; early adopter of online shipment tracking since 2011. |
Risks and strategy Risks include operational scale and market volatility; mitigation via fleet upgrades, technology adoption, and diversified client portfolio. |
