What we do Zeal Global Services Ltd provides air cargo and passenger logistics solutions, facilitating cargo and passenger transport via partnerships with multiple international airlines. |
Founded in 2,014 |
Market share Strong presence in Indian air cargo logistics with expanding international footprint through new global partnerships and subsidiaries. |
Problem solved Enables efficient air cargo and passenger transport connecting India with global markets, solving logistics complexities for airlines and shippers. |
Top clients or who we serve Airlines across Latin America, Asia, Middle East; services include B2B clients like IATA agents and freight forwarders. |
Key management Nipun Anand (Whole Time Director), Vishal Sharma (Managing Director) with professional financial oversight by CFO Nipun Anand. |
Our journey and innovations Founded in 2014; transitioned to public company in 2023; strategic joint ventures and new UAE subsidiary in 2024 expanding global reach. |
Where we operate India, UAE, Latin America, Middle East, Hong Kong, Africa, Mongolia, European routes via partner airlines. |
Top products or what we offer Cargo Carrier Services including airline representation and shipment handling; Passenger Carrier Services with pilot project flights. |
Top brands Air Europa Express, Copa Airlines, MIAT Mongolian Airlines, Azerbaijan Airlines, South African Airways, Cathay Cargo partnerships. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is largely recurring, driven by ongoing airline contracts and cargo services with stable volume growth. |
Our industry position Emerging logistics player with expanding global airline partnerships and increasing cargo tonnage and passenger segment revenues. |
Financial highlights FY25 revenue INR 367.81 Cr (91% YoY growth); Net profit INR 14.58 Cr; EBITDA margin increased approx. 24%. |
Geographical revenue split India contributes majority revenue with INR 359.33 Cr; International markets contribute INR 8.48 Cr FY25. |
Order book - |
Whats driving growth Expanding airline partnerships, strategic joint ventures, new UAE subsidiary, and growth in cargo tonnage and passenger flights. |
Our future plans Further global expansion via subsidiaries; growing GSSA roles for major airlines; extending passenger services internationally. |
Our green promise - |
Our people and values 76 employees; focus on talent development, performance-based culture, and compliance with workplace safety and diversity norms. |
Key challenges ahead Dependence on limited key airline partners, industry competition, fluctuating cargo volumes, and regulatory risks. |
Interesting facts Successfully doubled revenue in FY25; launched Plug and Play model connecting airlines and shippers; strategic stake in Teleport Commerce JV. |
Risks and strategy Mitigating customer concentration risk through diversified airline partnerships; ongoing risk management and operational controls. |
