Raipur-based asset-light Full Truck Load (FTL) and third-party logistics operator moving bulk industrial cargo (steel, aluminium, cement, coal) PAN-India through a partner fleet network.
Price
Market Cap
Sector
Services
Rank
| Line item | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|
| LiabilitiesEquity Capital | 21 | 21 | 21 | 21 |
| Reserves | 68 | 71 | 71 | 63 |
| Borrowings | 14 | 59 | 58 | 72 |
| Other Liabilities | 11 | 12 | 14 | 15 |
| Total Liabilities | 114 | 163 | 163 | 172 |
| AssetsFixed Assets | 17 | 29 | 36 | 42 |
| CWIP | 2 | 2 | 2 | 3 |
| Investments | 6 | 11 | 14 | 11 |
| Other Assets | 89 | 121 | 110 | 115 |
| Total Assets | 114 | 163 | 163 | 172 |
| Line item | FY24 | FY25 | FY26 |
|---|---|---|---|
| ActivitiesCash from Operating | 7 | -15 | 13 |
| Cash from Investing | -19 | -25 | -18 |
| Cash from Financing | 10 | 41 | 8 |
| SummaryCapital Expenditure | — | — | — |
| Free Cash Flow | -6 | -32 | -7 |
| FCF Margin | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
OBCL · CYCLICAL_UNMODELABLE
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