S J Logistics (India) Ltd. – Company Report
1. Company Overview
S J Logistics (India) Ltd., founded in 2000 and headquartered in Thane, Maharashtra, is a prominent multimodal logistics and supply chain solutions provider. The company delivers a full suite of services, including international freight forwarding (ocean/air), warehousing, inland container and trailer transport, project cargo, breakbulk, NVOCC services (with a fleet of 5,000+ containers), customs clearing, and comprehensive EPC logistics solutions. With a strong pan-India network (20+ branches), global offices (Singapore, Dubai, others), and access to 193 countries through international partnerships, S J Logistics serves a diversified client base across industries—textile, steel, tyre, agro, chemical, and more. The company employs 500–1,000 staff and is publicly listed on NSE SME.
Key Highlights
- Incorporated: 2003 (roots from 2000 as a proprietary firm)
- Headquarters: Thane (West), Maharashtra, India
- Employees: 500–1,000
- Certifications: ISO compliant, advanced IT-driven processes
- Network: 20+ branches in India; global reach via Singapore/Dubai
- Senior Leadership: Rajen Shah (CMD)
- Market Cap (Aug 2025): ~₹627 crore
- Promoter Holding: 71% (recently increased by 0.81%)
- Unique Strengths: End-to-end logistics, project logistics expertise, global reach, diversified cargo profile, in-house transport and warehousing assets
2. Products and Services
- Multimodal Freight Forwarding: Ocean (FCL/LCL), air, breakbulk, and project cargo
- NVOCC Operations: Proprietary fleet of 5,000+ containers—dry, reefer, special equipment
- Customs Clearance & CHA: Full import/export documentation/clearance
- Warehousing: Modern, tech-enabled warehouses; inventory, cross-dock, and value-add services
- Inland Transport: Over 200+ own trailers/vehicles for pan-India transport
- Project Cargo Management: High-value, oversized, energy/industrial cargo handling
- Door-to-door Solutions: Integrated “one-stop” logistics chain from origin to delivery point
- Value-added Services: International agency network, EPC logistics, cross-country freight for major commodities (textile, steel, tyres, etc.)
3. Recent News and Business Developments (2025)
- October 2025: S J Logistics (India) has successfully signed its first voyage charter fixture note. The charter, organised through its wholly owned subsidiary S J Logisol Shipping Dubai in partnership with Nexus Line Freight Broker, will operate under the newly launched Suez Express Service. The vessel’s maiden voyage is scheduled between 25 and 30 October 2025.
- August 2025: S J Logistics has announced it will expand its Project Cargo Division by launching a dedicated domestic heavy lift transportation vertical. The company has added its own fleet of specialised pullers to handle large cargo in India, aiming to offer end-to-end project logistics solutions across the country.
- July 2025: S J Logistics expanded its NVOCC footprint to Misurata, Libya and Novorossiysk, Russia, including connectivity to Moscow. This supports Indian exporters via ports like Nhava Sheva and Mundra, strengthening global trade lanes and international reach through the Dubai subsidiary.
- April 2025: The company acquired 100% equity in S J Logisol Shipping L.L.C (Dubai), a logistics firm specializing in sea and air cargo services. The ₹55.76 lakh related party transaction enhances its Middle East presence and consolidates international NVOCC operations.
- October 2024: S J Logistics secured logistics orders worth ₹42 crore from various transportation and distribution clients. These 3–6 month contracts focus on door-to-door delivery for domestic and international shipments, especially domestic project cargo.
- The company also proposes a Warehousing facility of 38,910 sq. ft. in Bhiwandi, manages Inland Transportation for cargo pickups, and offers Customs Clearance services. Additionally, it provides NVOCC Cargo services in the Gulf regions through an agreement with Good Voyage Shipping Services.
- July 2024: S J Logistics secured two significant orders from different Transmission and Distribution Players.The first contract, valued at ₹62 crore involves providing end-to-end logistics services for Turnkey Projects in the Power and Water Sector, to be completed within 9 months.
- The second contract, valued at ₹16 crore, pertains to providing port-to-port logistics service for Project Cargo (Transmission Tower – Power Sector), to be executed within 10 months.
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Revenue from Operations | ₹502.9 crore |
| Net Profit (PAT) | ₹52.5 crore |
| Operating Profit | ₹76 crore |
| Operating Profit Margin | 15% |
| Net Profit Margin | 10.4% |
| Basic EPS | ₹34.35 |
| Return on Equity (ROE) | 32% |
| Dividend | Nil (profits reinvested) |