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 ₹ 438 Cr.
- Current Price ₹ 398
- High / Low ₹ 490 / 128
- Stock P/E 12.3
- Book Value ₹ 73.7
- Dividend Yield 0.00 %
- ROCE 31.4 %
- ROE 49.8 %
- Face Value ₹ 10.0
Pros
- 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 | 546 | |
| 94 | 128 | 177 | 342 | 485 | |
| Operating Profit | 4 | 10 | 19 | 44 | 61 |
| OPM % | 3.9% | 8% | 10% | 11% | 11% |
| 0 | 0 | 0 | 0 | 0 | |
| Interest | 1 | 2 | 3 | 5 | 7 |
| Depreciation | 1 | 1 | 2 | 6 | 7 |
| Profit before tax | 2 | 8 | 14 | 34 | 48 |
| Tax % | 25% | 25% | 26% | 26% | |
| 2 | 6 | 11 | 25 | 36 | |
| EPS in Rs | 7.70 | 29.70 | 13.39 | 22.92 | 32.41 |
| Dividend Payout % | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 58% |
| TTM: | 97% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 154% |
| TTM: | 135% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 164% |
| 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 | |
|---|---|---|---|---|
| Equity Capital | 2 | 2 | 8 | 11 |
| Reserves | 2 | 7 | 12 | 70 |
| 19 | 17 | 37 | 108 | |
| 7 | 15 | 19 | 47 | |
| Total Liabilities | 29 | 42 | 76 | 236 |
| 2 | 3 | 6 | 27 | |
| CWIP | -0 | -0 | 1 | 7 |
| Investments | -0 | -0 | -0 | -0 |
| 27 | 39 | 69 | 201 | |
| Total Assets | 29 | 42 | 76 | 236 |
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/OP | -356% | 62% | -33% | -107% |
Ratios
Figures in Rs. Crores
| 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 % |
|
||||
| B2B Revenue Share % |
|||||
| New Customers Added customers |
|||||
| Number of Branch Offices branches |
|||||
| Container Trailer Fleet trailers |
|||||
| ISO Tank Container Fleet containers |
|||||
| Number of Countries Served countries |
|||||
| NVOCC Revenue Share % |
|||||
Extracted by Screener AI
Documents
Announcements
-
Outcome of Board Meeting
- Board approved Vietnam and Tanzania subsidiaries and exclusive agency agreement with PT Blue Water Logistics Indonesia on August 7, 2026.
-
General Updates
- Acquired 47% stake in Blue Water Logistics Company Limited, Thailand; clarified it is an associate, not branch office.
-
General Updates
- Company opened a new branch office in Thailand to support regional expansion.
-
Analysts/Institutional Investor Meet/Con. Call Updates
- Q1 FY27 earnings call: revenue Rs211.2 crore, PAT Rs14 crore, volumes surged; plans for more branches and Rs100 crore debt.
-
Shareholders meeting
- Blue Water Logistics reported 4th AGM voting results; all three ordinary resolutions passed on July 31, 2026.
Concalls
-
Aug 2026Transcript PPT REC
-
Jun 2026Transcript PPT REC
-
Feb 2026TranscriptAI SummaryPPT
-
Nov 2025TranscriptAI SummaryPPT
Business Overview:[1]
BWLL provides logistics and supply chain solutions. It is a multimodal transport operator and service provider