Blue Water Logistics FY26 Net Profit Rises 135% to ₹2,520.7 Lakh

2 min read     Updated on 23 May 2026, 05:28 PM
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Blue Water Logistics reported robust FY26 results with net profit rising 135.4% to ₹2,520.7 lakh and revenue increasing 96.8% to ₹38,602.1 lakh. The company's EBITDA grew 133.9% to ₹4,397.3 lakh, driven by strong performance in Ocean Freight and Air Freight segments. Total assets expanded to ₹23,549.63 lakh, while shareholders' equity increased to ₹8,109.58 lakh.

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blue water logistics has announced its audited financial results for the quarter, half-year, and year ended March 31, 2026. The Board of Directors approved the results during a meeting held on May 20, 2026. The company reported a strong financial performance for the full fiscal year, with substantial growth in both revenue and profitability compared to the previous year.

For the year ended March 31, 2026, the company's revenue from operations increased to ₹38,602.05 lakh, up from ₹19,618.04 lakh in the prior year. Total income for the period was reported at ₹38,633.31 lakh. The company's profit for the period rose significantly to ₹2,520.71 lakh, marking a sharp increase from the ₹1,070.75 lakh recorded in the previous fiscal year. Basic earnings per share (EPS) for the year improved to ₹23.97 from ₹13.38 in the previous year.

Financial Performance Overview

The table below summarizes the key financial metrics for Blue Water Logistics for the year ended March 31, 2026, compared to the previous year.

Particulars Year Ended 31-Mar-26 (₹ in Lakhs) Year Ended 31-Mar-25 (₹ in Lakhs)
Revenue from Operations 38,602.05 19,618.04
Total Income 38,633.31 19,628.59
Total Expenses 35,248.07 18,189.65
Profit for the Period 2,520.71 1,070.75

Quarterly and Half-Yearly Results

For the quarter ended March 31, 2026, the company reported a profit of ₹919.14 lakh on revenue from operations of ₹13,558.35 lakh. In comparison, the profit for the same quarter in the previous year was ₹433.96 lakh. The half-yearly performance also showed growth, with a profit of ₹1,657.89 lakh for the half-year ended March 31, 2026, compared to ₹715.76 lakh in the corresponding period of the previous year.

Segment Performance

According to the investor presentation for Q4 FY26, the company achieved a revenue of ₹386 crore in FY26, nearly doubling the ₹196 crore recorded in FY25. The growth was driven by diversified business lines. Ocean Freight remained the largest contributor, accounting for 70% of total revenue with ₹27,021.4 lakh. Air Freight emerged as a strong growth driver, increasing its contribution to 13% of revenue, or ₹5,018.3 lakh, up from 1.1% in the previous year. The NVOCC and ISO Tank Container division contributed 8% of revenue at ₹3,088.2 lakh, while Surface Freight & Railway Freight and Custom House Clearance contributed 6% and 3% respectively.

Balance Sheet and Cash Flow

The company's balance sheet as of March 31, 2026, showed total assets of ₹23,549.63 lakh, a significant increase from ₹7,631.95 lakh in the previous year. Shareholders' funds grew to ₹8,109.58 lakh, driven by an increase in share capital to ₹1,100.00 lakh and reserves and surplus to ₹7,009.58 lakh. The cash flow statement indicated a net increase in cash and cash equivalents of ₹1,489.84 lakh, bringing the closing balance to ₹1,568.03 lakh.

Board Decisions

In addition to the financial results, the Board appointed M/s VSKS & Associates, Chartered Accountants, as the Internal Auditor for a period of five financial years, from FY 2026-2027 to FY 2030-2031. The statutory auditors, M/s M B Jajodia & Associates, issued an audit report with an unmodified opinion on the audited financial results for the year ended March 31, 2026.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0X3M01010/7e75ca1613a546af.pdf

Historical Stock Returns for Blue Water Logistics

1 Day5 Days1 Month6 Months1 Year5 Years
-0.19%+4.31%+25.17%+125.30%+93.11%+128.27%

Can Blue Water Logistics sustain its near-doubling revenue growth trajectory in FY27, given potential headwinds in global ocean freight rates and trade volumes?

With Air Freight jumping from 1.1% to 13% of revenue in a single year, what strategic investments or partnerships is the company likely to pursue to consolidate this segment further?

How will the significant expansion in total assets from ₹7,631 crore to ₹23,549 crore impact the company's debt levels and capital allocation strategy going forward?

Blue Water Logistics appoints internal auditor for 2026-2031

1 min read     Updated on 21 May 2026, 10:28 AM
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Blue Water Logistics has appointed M/s. V S K S & Associates as its internal auditor for the period 2026-2027 to 2030-2031. The appointment was approved by the Board of Directors on May 20, 2026, under Regulation 30 of SEBI LODR Regulations. The firm, with FRN 026212S, is not related to any director of the company.

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Blue Water Logistics has appointed M/s. V S K S & Associates, Chartered Accountants, as its internal auditor for a period of five financial years. The appointment covers the term from 2026-2027 to 2030-2031. The decision was taken during a board meeting held on Wednesday, May 20, 2026.

Appointment Details

The Board of Directors approved the appointment of the firm, which holds a Firm Registration Number (FRN) of 026212S. The appointment is pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 04:00 P.M. and concluded at 05:30 P.M.

Auditor Profile

M/s. V S K S & Associates is a firm of Chartered Accountants dealing in direct and indirect taxes. The firm confirmed that it is not related to any director of the company. The brief profile of the auditor has been attached to the regulatory disclosure.

Sr. No. Details of the event Information
1. Reason for change M/s. V S K S & Associates, Chartered Accountants (FRN: 026212S), are appointed as the Internal Auditor of the company for the period of Five Financial Year i.e. from 2026-2027 to 2030-2031.
2. Date of Appointment & Term Date of Appointment: Wednesday, May 20, 2026
Term of Appointment: Internal Auditor of the company for the period of Five Financial Year i.e. from 2026-2027 to 2030-2031.
4. Disclosure of relationships M/s. V S K S & Associates, Chartered Accountants are not related to any Director of the company.

The company has submitted the necessary details to the National Stock Exchange of India Limited for its records.

Historical Stock Returns for Blue Water Logistics

1 Day5 Days1 Month6 Months1 Year5 Years
-0.19%+4.31%+25.17%+125.30%+93.11%+128.27%

How might the five-year internal audit engagement with V S K S & Associates influence Blue Water Logistics' compliance posture and financial transparency ahead of potential capital market activities?

What specific risk areas within Blue Water Logistics' logistics operations—such as customs compliance or GST reconciliation—could the new internal auditor prioritize given the firm's expertise in direct and indirect taxes?

Could the long-term internal audit appointment signal Blue Water Logistics' intentions to pursue acquisitions, expansions, or additional regulatory filings that require strengthened internal controls?

More News on Blue Water Logistics

1 Year Returns:+93.11%