Ashapura Logistics Limited has announced the successful acquisition of two major contracts totaling Rs 56.34 crore, marking a strategic milestone in its logistics operations and service expansion. These contracts reflect the company’s growing role in the domestic logistics sector and its ability to handle diverse transportation projects.
Contract Details:
- Hindustan Coca-Cola Beverages Private Limited:
- Value: Rs 7.34 crore
- Scope: The contract involves providing transportation services for Hindustan Coca-Cola’s supply chain needs, focusing on efficient logistics between Ahmedabad, Gujarat, and Bhopal, Madhya Pradesh.
- Duration: 1 year
- Nature: The contract is for the movement of beverages and raw materials to ensure timely deliveries to distribution points and production centers.
- Tycoons Industries Private Limited:
- Value: Rs 49 crore
- Scope: The larger of the two contracts, this involves coal transportation from Magadh Sanghmitra Coal Project to Phulbasiya Siding in Ramgarh, Jharkhand. The project includes the handling, loading, and unloading of coal, critical for Tycoons Industries’ industrial operations.
- Duration: 1 year
- Key Impact: This contract will support Tycoons’ production needs and bolster Ashapura’s experience in bulk material transport, particularly in the industrial and energy sectors.
Significance and Outlook:
These contracts are expected to enhance Ashapura Logistics’ revenue by adding Rs 56 crore to its order book, creating new opportunities for operational scale and profitability. The company has steadily established itself as a key logistics partner across various sectors, and these contracts reflect its ability to win and execute large-scale domestic logistics projects.
The contracts also highlight the company’s growing reputation among top corporations like Hindustan Coca-Cola and Tycoons Industries. By successfully delivering on these contracts, Ashapura is likely to further strengthen its client base and expand its presence in key regions across India.
Key Financial Impact:
- The contracts will contribute to revenue starting from Q4 FY25 and are expected to significantly impact Ashapura’s transportation segment performance.
- With no promoter or related-party involvement, these deals strictly follow regulatory standards, maintaining transparency in operations.
The company remains optimistic about securing additional contracts as India’s industrial sectors, including beverages and energy, continue to demand reliable and large-scale logistics solutions.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Always conduct your research or consult a financial advisor before making investment decisions.
