Ritco Logistics Limited

42%

lume also, and in terms of the turnover also. So our share from that petrochem industry is almost 42% to 44% and in terms of sharing ratio of petrochemical, it is reducing, but in terms of value it i

44%

so, and in terms of the turnover also. So our share from that petrochem industry is almost 42% to 44% and in terms of sharing ratio of petrochemical, it is reducing, but in terms of value it is incre

rs,

ompany. So, I tell you, transport, logistic and supply chain. So typically, we were the transporters, and we own very less number of trucks, though and we have more than 30,000 trucks in on Ritco port

25%

2B business and our growth in Ritco over these years is always if you see from 2021, it is almost 25% to 28%. Last year also we did 27% and if you see, although Mr. Man Mohan who is the Chairman, he

28%

ness and our growth in Ritco over these years is always if you see from 2021, it is almost 25% to 28%. Last year also we did 27% and if you see, although Mr. Man Mohan who is the Chairman, he will te

27%

o over these years is always if you see from 2021, it is almost 25% to 28%. Last year also we did 27% and if you see, although Mr. Man Mohan who is the Chairman, he will tell you more about data when

40%

about financial but, just for the overview, that from June to June this year, we have a growth of 40% which is remarkable. And from the 1st Quarter to this quarter, we have a growth of almost 3%. Fir

3%

of 40% which is remarkable. And from the 1st Quarter to this quarter, we have a growth of almost 3%. First quarter is always lesser than the March, because March the last quarter of the year is alw

85%

minutes, I will explain everything about TrucksUp. Most of the trucks which you see on the road, 85% of these trucks are owned or managed by the single operator. When I say single operator, these ar

65%

ther factor for getting the load, their asset utilization is very less, almost about you can say, 65%. So maximum 15 to 16 days they can run their vehicle and most of the time vehicles are holding be

70%

ta, though it is not very particular data available different platform giving different data, but 70% to 72% are through road transportation, and 85% of that is owned by these industry which are unde

72%

ugh it is not very particular data available different platform giving different data, but 70% to 72% are through road transportation, and 85% of that is owned by these industry which are under the a

“So, Ritco has evolved over these years from a transport company to the logistic company, and now our target is next year we will change the complete dynamics of our company.”

“Now, we will be from logistic company, it will be complete supply chain company.”

“So, then they get the fuel also, the discount also on fuel, because a single operator, they don't get discount, but through us, our volume will be highest one day.”

“So in terms of road transportation we are helping them to reduce the logistic cost, which is the dream project for our Nitin Gadkariji regarding lowering it from 14% to 8%, that work TrucksUp has been doing and will continue the same.”

“So, in terms of volume, it may not affect much, but it will help to increase our bottom line, but yes, our multimodal business, we have a target that within three year, this will have 30% volume of our business in future.”

“Sir, the way the road building is happening all over India, and the way infrastructure with government stability, till 2029 we are very sure that infrastructure will be the key focus for Ritco.”

“Today, we work with Jindal all groups, Tata and downstream of steel and inward movement, outward movement, all mining project, everything which is related to the infra.”

“So we have a target that, as I mentioned earlier that within three years, this will be not at least it should be 30% of our total volume from multimodal.”

“As far as profitability is concerned, profitability from the warehousing and implant logistic will be much bigger.”

“So we have no plan to go within the city business number one.”

Sanjeev Elwadhi

24

Moderator

8

Ishant Lalvani

8

Vinay

5

Virendra Yaduvanshi

4

Moksh Ranka

3

Heta

3

Sahil Sanghvi

2

Man Mohan Singh

2

Maan

1

Sahil Sanghvi

Yes. Good afternoon everyone, and thank you, Palak. On behalf of Monarch Networth Capital we welcome you to the 1Q FY’26 Earnings Call of Ritco Logistics Limited. We are delighted to host the Management of Ritco today, and from their side, we have Mr. Sanjeev Elwadhi – the Managing Director at Ritco. We have Mr. M.S. Chadha – the Chairman at Ritco Logistics. We have Mr. Sarthak Elwadhi – Co-founder, TrucksUp, and we have Mr. Virendra Yaduvanshi – Chief Executive Officer, TrucksUp. So without taking much time, I will hand over the call to Mr. Sanjeev Elwadhi for the opening introductory remarks. Over to you, Sanjeev sir.

Sanjeev Elwadhi

Good afternoon, everybody. Namaskar, My name is Sanjeev Elwadhi and I will speak in both English and Hindi so that all are comfortable. So along with me is my childhood friend who is the Chairman of the Company. We are together for last now three decades and now next generation, my son and his son has also joined after having experience in UK and Australia, studying in the best universities, they have also joined the business in last two years. So along with me, Sarthak who is my son, he is the Co-founder of TrucksUp, which is the aggregator platform. They will explain about that platform later on. And our very respectable CEO, Mr. Virendra Yaduvanshi has a experience of more than 25 years in tech and aggregator platform. So, he is the CEO for TrucksUp, and myself is the Managing Director for Ritco. So in next 10 minute, I will explain about Ritco and the journey, how we have reached to this level. So we started the business in 1996 childhood friend me and Man Mohanji, and it was a typ