Blue Water Logistics FY26 revenue up 97% to INR386 crores

Blue Water Logistics Limited reported a robust financial performance for the fiscal year ended March 31, 2026, with revenue from operations growing 96.8% year-on-year to INR386 crores. This growth was driven by strong demand across core logistics verticals, an expanding asset base, and increased contribution from higher-margin segments such as the NVOCC ISO tank container division. Profit after tax (PAT) for the year surged 135.4% to INR25.2 crores, while EBITDA grew 133.9% to INR44 crores, with margins improving to 11.4%.

Financial Performance

The company delivered strong operational results in the fourth quarter of FY26, with revenue increasing 157.7% to INR135.4 crores. EBITDA for the quarter stood at INR15.4 crores, a growth of 113% over the corresponding period last year, while PAT grew 111.8% to INR9.2 crores. The management attributed the performance to healthy demand, expanding operational capabilities, and disciplined execution.

Metric	FY26	FY25	Growth (%)
Revenue from Operations (INR crores)	386	196.2	96.8
EBITDA (INR crores)	44	18.8	133.9
EBITDA Margin (%)	11.4	9.6	180 bps
Profit After Tax (INR crores)	25.2	10.7	135.4
PAT Margin (%)	6.5	5.5	100 bps

Operational Highlights

Blue Water Logistics expanded its infrastructure to over 1,708 ISO tank containers and 100 plus container trailers during the year. The ocean freight business contributed approximately 70% of total revenue, while the NVOCC and ISO tank container division grew to 8% of total revenue. Air freight emerged as a key growth driver, with its revenue contribution increasing from 1% in FY25 to 13% in FY26, supported by an exclusive partnership with Turkish Airlines.

Future Outlook

The company plans to expand its international presence into Indonesia, Vietnam, Malaysia, Thailand, and China. Management expressed confidence in maintaining the current growth trajectory, targeting a doubling of revenue and EBITDA in the coming years. The firm is also focusing on diversifying into dry containers and project cargo to enhance margins.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0X3M01010/15aac03d2a95475a.pdf

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.19%	+4.31%	+25.17%	+125.30%	+93.11%	+128.27%

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