Kaushalya Logistics Ltd - Stock Valuation and Financial Performance

Kaushalya Logistics was originally formed and registered on August 24, 2007 as a private limited Company in the name and style of ‘M/s Kaushalya Buildcon Private Limited’. Further, the name of the Company was changed from M/s Kaushalya Buildcon Private Limited to M/s Kaushalya Logistics Private Limited with effect from August 16, 2016 and a new Certificate of Incorporation in the new name was received from the ROC. Subsequently, pursuant to Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting, held on March 15, 2023, the company was converted into a Public Limited Company and consequently the name of the company was changed from ‘M/s Kaushalya Logistics Private Limited’ to ‘M/s Kaushalya Logistics Limited’ vide a fresh Certificate of Incorporation dated May 01, 2023 issued by the Registrar of Companies, Delhi.

The company is developed as an integrated Logistics and Clearing and Forwarding (C&F) services provider. At present, the Company operates in three major verticals, one of which vertical is providing logistic support for handling and dealing in the cement for dealers and customers of Dalmia Cement Bharat Limited. The other vertical is of retail /e-commerce business wherein it is the sellers of Electronics and White Good items such as Televisions, Refrigerator, Washing Machines etc. on a major online e-commerce platform, covering locations all across India with registration under Goods and Services Tax (GST). It has also ventured out in commercial real estate sector by owning and renting out commercial shops in Udaipur, which constitutes the third vertical of its business operations.

The company is operating as Clearing and Forwarding agents for major cement Companies like Dalmia Cement Bharat Limited. Business model includes end to end support including clearing rail rake from railways, getting material transported to warehouse, loading / unloading, dispatches to distributors, invoicing, warehouse management including upkeep of stock, handling insurance matters and depot audit, related statutory compliances etc. Practically all operations on behalf of its customers after dispatch from production facility are handled by it. This comes with huge saving of manpower resources, saving on material wastage and other operational cost to customers through its efficient working which is based on vast rich experience in the logistics and warehousing field. This helps customers in having better reach over their customers in more transparent way, gaining more market share and customer confidence. Company works on asset light model, wherein company uses warehouses owned / rented by customers only. All transport fleet is hired based on broad parameters fixed by customer.

Business area of the company 

The company is into business of providing Clearing and Forwarding services to one of the leading cement company in India and is also engaged in the selling of electronic and white good products on online e-commerce platform. The company has also ventured into the business of renting of commercial properties during the FY 2022-23.