Blue Water Logistics Ltd
Incorporated in 2010, Blue Water Logistics Ltd
is in the business of Freight forwarding, Custom clearance, Transportation handling services, etc.[1]
- Market Cap ₹ 619 Cr.
- Current Price ₹ 563
- High / Low ₹ 609 / 130
- Stock P/E 13.3
- Book Value ₹ 101
- Dividend Yield 0.00 %
- ROCE 31.4 %
- ROE 49.8 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has a good return on equity (ROE) track record: 3 Years ROE 58.1%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Debtor days have increased from 95.9 to 134 days.
* 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 Logistics Solution Provider
Part of Nifty SME Emerge
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2023 7m | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|
| 98 | 139 | 196 | 386 | 731 | |
| Sales growth | +42% | +41% | +97% | +189% | |
| 94 | 128 | 177 | 342 | 644 | |
| Operating Profit | 4 | 10 | 19 | 44 | 87 |
| OPM % | 3.9% | 8% | 10% | 11% | 12% |
| 0 | 0 | 0 | 0 | 1 | |
| Interest | 1 | 2 | 3 | 5 | 13 |
| Depreciation | 1 | 1 | 2 | 6 | 13 |
| Profit before tax | 2 | 8 | 14 | 34 | 62 |
| Tax % | 25% | 25% | 26% | 26% | |
| 2 | 6 | 11 | 25 | 47 | |
| EPS in Rs | 1.92 | 7.42 | 13.39 | 22.92 | 42.32 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 58% |
| TTM: | 189% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 154% |
| TTM: | 191% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 256% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 58% |
| Last Year: | 50% |
Balance Sheet
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 8 | 11 | 11 |
| Reserves | 2 | 7 | 12 | 70 | 100 |
| 19 | 17 | 37 | 108 | 331 | |
| 7 | 15 | 19 | 47 | 44 | |
| Total Liabilities | 29 | 42 | 76 | 236 | 486 |
| 2 | 3 | 6 | 27 | 102 | |
| CWIP | 0 | 0 | 1 | 7 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 27 | 39 | 69 | 201 | 383 | |
| Total Assets | 29 | 42 | 76 | 236 | 486 |
Cash Flows
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| -14 | 4 | -9 | -53 | |
| -3 | -2 | -8 | -33 | |
| 19 | -3 | 17 | 102 | |
| Net Cash Flow | 2 | -1 | -1 | 15 |
| Free Cash Flow | -17 | 2 | -14 | -80 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -356% | 62% | -33% | -107% |
Ratios
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 74 | 70 | 84 | 134 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 74 | 70 | 84 | 134 |
| Working Capital Days | 19 | 27 | 42 | 49 |
| ROCE % | 39% | 41% | 31% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Air Freight Revenue Share % |
|
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| New Customers Added customers |
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| Number of Branch Offices branches |
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| Container Trailer Fleet trailers |
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| ISO Tank Container Fleet containers |
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| Number of Countries Served countries |
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| NVOCC Revenue Share % |
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Extracted by Screener AI
Documents
Announcements
-
Analysts/Institutional Investor Meet/Con. Call Updates
- Audio recording of Q2/H1 FY27 earnings call uploaded on November 12, 2026.
-
Investor Presentation
- Investor presentation for Q2/H1-FY27; H1 revenue ₹483.3 crore and PAT ₹30 crore.
-
Outcome of Board Meeting
- Board approved unaudited Q2/H1 FY27 results on Nov 6; H1 revenue Rs 483.29 crore, profit Rs 29.97 crore.
-
Analysts/Institutional Investor Meet/Con. Call Updates
- Earnings call on 12 Nov 2026 to discuss Q2/H1 FY27 unaudited financial results.
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
- Company states corporate governance report is not applicable for quarter ended September 30, 2026.
Concalls
-
Nov 2026REC
-
Aug 2026Transcript PPT REC
-
Jun 2026Transcript PPT REC
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Feb 2026PPT
-
Nov 2025PPT
Business Overview:[1]
BWLL provides end-to-end logistics and supply chain solutions.
It is a multimodal transport operator and service provider. It is a
licensed Multimodal Transport Operator under the Multimodal Transportation of Goods Act, 1993.