Zinka Logistics Solutions Ltd
Incorporated in 2015, Zinka Logistics Solutions Ltd provides a digital trucking platform for payments, telematics, loads marketplace, and vehicle financing services[1]
- Market Cap ₹ 11,376 Cr.
- Current Price ₹ 630
- High / Low ₹ 670 / 248
- Stock P/E 31.3
- Book Value ₹ 69.8
- Dividend Yield 0.00 %
- ROCE 10.5 %
- ROE 47.3 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Debtor days have improved from 104 to 23.4 days.
Cons
- Stock is trading at 9.05 times its book value
- Company has a low return on equity of -7.85% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Services Services Transport Services Transport Related Services
Part of BSE SmallCap BSE IPO BSE Allcap Nifty Microcap 250 Nifty Total Market
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 867 | 833 | 176 | 297 | 427 | 478 | |
| 1,066 | 1,107 | 407 | 455 | 333 | 353 | |
| Operating Profit | -200 | -275 | -232 | -158 | 93 | 125 |
| OPM % | -23% | -33% | -132% | -53% | 22% | 26% |
| 26 | 37 | -34 | -7 | -308 | -321 | |
| Interest | 57 | 31 | 4 | 3 | 4 | 5 |
| Depreciation | 11 | 15 | 20 | 25 | 34 | 36 |
| Profit before tax | -241 | -284 | -290 | -194 | -253 | -236 |
| Tax % | 0% | 0% | 0% | 0% | -97% | |
| -241 | -285 | -290 | -194 | -9 | -4 | |
| EPS in Rs | -23,904.95 | -28,173.27 | -28,762.38 | -19,202.97 | -0.49 | -26,665.25 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -20% |
| TTM: | 45% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 49% |
| TTM: | 385% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -8% |
| Last Year: | 47% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 18 |
| Reserves | 271 | 585 | 353 | 311 | 1,220 |
| 394 | 199 | 178 | 184 | 38 | |
| 99 | 116 | 124 | 159 | 157 | |
| Total Liabilities | 765 | 900 | 654 | 654 | 1,433 |
| 15 | 21 | 31 | 39 | 45 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 50 | 236 | 211 | 60 | 57 |
| 699 | 642 | 413 | 555 | 1,331 | |
| Total Assets | 765 | 900 | 654 | 654 | 1,433 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 60 | -78 | -119 | 45 | 58 | |
| 178 | -219 | 169 | 19 | -467 | |
| -213 | 282 | -37 | -14 | 384 | |
| Net Cash Flow | 24 | -15 | 13 | 50 | -25 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 119 | 94 | 263 | 26 | 23 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 119 | 94 | 263 | 26 | 23 |
| Working Capital Days | -2 | 42 | -176 | -204 | 10 |
| ROCE % | -35% | -36% | -32% | 11% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 1d
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Shareholder Meeting / Postal Ballot-Outcome of AGM
2d - 10th AGM held Sept 12, 2025; adopted FY2024-25 accounts; reappointment and auditor appointments proposed; voting conducted.
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 28 Aug
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
26 Aug - Investor meetings on Sept 2 (Ashwamedh Elara) and Sept 3 (Motilal Oswal) 2025 in Mumbai.
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Change Of Company Name
21 Aug - Registrar approved name change from Zinka Logistics Solutions Limited to BlackBuck Limited effective August 20, 2025.
Concalls
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Aug 2025Transcript PPT REC
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Aug 2025TranscriptNotesPPT
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May 2025TranscriptPPT
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May 2025Transcript PPT
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Feb 2025Transcript PPT
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Dec 2024Transcript PPT REC
Business Overview:[1]
Zinka Logistics, operating under the BlackBuck brand, is a technology-driven logistics company transforming the Indian trucking industry by digitizing and streamlining the truck operator lifecycle. The company operates on an asset-light, platform-led model with high operating leverage and profitability.