Zeal Global Services Ltd

Zeal Global Services Ltd – Company Report


1. Company Overview


Zeal Global Services Ltd, established in 2014 and headquartered in New Delhi, is an integrated air cargo logistics solutions provider. The company operates as a General Sales and Service Agent (GSSA) and sales partner for multiple airlines, offering end-to-end cargo and passenger carrier services. Zeal Global is recognized for its technology-driven logistics model, serving a wide spectrum of industries including fashion, pharmaceuticals, automotive, and industrials. With a lean workforce and expanding global partner network, it has built a strong operational footprint in India and select overseas markets.

  • Incorporated: 2014
  • Headquarters: New Delhi, India
  • Core Focus: Air cargo GSSA, airline sales & operations, logistics, passenger carrier service
  • Major Industries Served: Fashion, pharmaceuticals, automotive, industrial
  • Global & Domestic Operations: Services offered in India and select international markets
  • Employees: ~54

2. Products and Services


Zeal Global Services Ltd provides a comprehensive suite of air cargo logistics and aviation-related services, catering to complex and time-sensitive client demands:

  • Cargo Carrier Services:

    • GSSA representation for international and domestic airlines
    • Cargo movement coordination with over 400 flights across 75+ destinations
    • Representation includes route planning, booking, operations, and after-sales
  • Passenger Carrier Services:

    • Airline passenger ticket sales and travel solutions
    • Ancillary support including route management and client servicing
  • Support & Ancillary Logistics:

    • Sales, marketing, administrative, and operational support for airline partners
    • Custom freight solutions tailored for perishables, e-commerce, and express cargo
  • Distribution Modes:

    • Online: Direct services from India-based airlines
    • Offline: Partnered connections via third-party air carriers
  • Technology & Customer Engagement:

    • Real-time tracking, tech-enabled cargo booking, and operational dashboards for clients

3. Recent News and Financial Performance


Recent Developments:

  • Expanded GSSA network now serving over 1,100 clients across 46+ industry segments
  • Enhanced digital infrastructure for streamlined cargo management
  • Investment focus on working capital, expansion, and subsidiary integration
  • Leveraged growth in e-commerce and pharma logistics, adapting services to high-demand verticals

4. Financial Performance (FY2025)


Metric FY2025 Value
Total Revenue ₹372.2 crore
Net Profit ₹14.6 crore
Net Profit Margin 4%
EPS ₹10.95
Return on Equity (ROE) 19.8%
Dividend None declared

Financial Summary

FY2025
MetricCompanyIndustry Avg.
Price / Sales0.471.41
EV / EBITDA5.3210.53
Debt / Equity0.180.58
ROE %19.7522.48
ROCE %23.8622.03
P / B2.152.75
Div Yld %0.760.35
P/E11.9420.05
OPM %5.7913.59
Qtr Sales Growth YOY %99.7234.21
Qtr Profit Growth YOY %-27.6542.85
ROA LAST 12M %11.3211.66
Prom. Hold. %73.464.72
Sales 3Yrs CAGR %44.8229.3
Sales 5Yrs CAGR %36.921.78
Profit 3Yrs CAGR %26.473.25
Profit 5Yrs CAGR %63.1860.04

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