| Shipping | Container feeder shipping services, dry bulk carrier operations, and time-chartered vessels. | Established coastal network, exclusive charters, strong fleet size, and technical expertise in feeder operations. | B2B clients including cargo owners, logistics companies, and port operators primarily in India and Middle East. | Time chartering dry bulk vessels and container feeder services yield higher margins. | 46 | 10 | Revenue from vessel operations and time charters on container and bulk shipping routes. | Direct contracts, charter fees, and freight charges based on volume and distance. | Increasing container trade volumes, fleet expansion, and strategic partnerships fuel growth in shipping segment. | SSL Bharat, SSL Chennai, SSL Gujarat, SSL Delhi, SSL Brahmaputra |
| Logistics | Integrated logistics services including warehousing, road transport, and freight forwarding. | Well-established presence, strategic locations, and experienced management team. | B2B logistics clients across industrial sectors in India. | Warehousing and integrated supply chain management offer higher profitability. | 90 | 80 | Freight charges, warehousing fees, and logistics management contracts. | Service contracts and volume-based billing. | Growth in Indian domestic trade and containerization boosts demand for logistics services. | Shreyas Relay Systems Ltd (Subsidiary) |
| Freight Forwarding | Freight forwarding services supporting container shipping. | Synergies with shipping and logistics arms enhance service quality. | B2B shippers and exporters. | | 0 | 2 | Service fees and commission on freight arrangements. | Transactional fees based on shipment volumes. | Rising export-import activities and container movements. | |
| Others | Miscellaneous related services. | | Various business associates. | | 0 | 8 | Service fees. | Fee for service. | Ancillary services growth. | |
