|Market Cap||472 Cr||EPS||6.7||High||197|
|Stock P/E||29.0||Net Profit Margin||NA||Low||186.55|
|Market Cap||472 Cr||ROE||14.1%|
|P/B Ratio||3.5||Dividend Yield||0.0%|
|Industry P/E||36.3||Book Value||55.7|
About the Company
Ritco Logistics, was originally incorporated as 'Ritco Logistics Private Limited' at Delhi as a Private Limited Company under the provisions of Companies Act, 1956 vide Certificate of Incorporation dated August 23, 2001. Subsequently, the company was converted into Public Limited Company pursuant to a special resolution passed by members in an Extra Ordinary General Meeting held on May 02, 2018. Consequently, the name of the company was changed to Ritco Logistics Limited vide a fresh Certificate of Incorporation dated May 21, 2018, issued by the Registrar of Companies, Delhi.
Business area of the Company:
Ritco Logistic, is engaged in the business of providing goods transport service along with warehousing facilities. The company provides a range of services including contract logistics, less than Truck Load (LTL) and Fleet Rental Services. The company primarily serves to industrial consumers who need to transport bulk quantities of their goods within India. The main portion of the revenue is from Contract Logistics. In 2017-18 Contract Logistics services contributed around 78.73% of total revenue.
Key Events and Mile Stones:
2001: Incorporation of the company as 'Ritco Logistics Private Limited'.
2008: Amalgamation with Ritco Kirti Associates Private Limited as per order of Hon’ble High court of Delhi.
2014-15: Company’s Total Turnover exceeded Rs 300 core.
2018: Conversion into Public Limited Company as “Ritco Logistics Limited.
Awards and Accreditations:
2006: Awarded with ISO 9001:2015 Certificate for providing Logistic Services by Supply Chain Management wide Certificate No. 11361-AQMS-1461.
2010: Won the Award for Best efforts for Transportation Safety by MCC PTA India Corporation Private Limited.
2012: Won award for the Best Road Transporter of the Year by MCC PTA India Corporation Private Limited.
2014: Won award for the Best Road Transporter for the year 2014 for enduring commitment to efficiency, quality and safety in product transportation by Road by MCC PTA India Corporation Private Limited.
2015: Won Award for the Best Road Transporter for the year 2015 for enduring commitment to Efficiency, Quality And Safety in Product Transportation by road by MCC PTA India Corporation Private Limited.
2017: Won Award for the Best Promising Transport Partner for the year 2017 for enduring commitment to Efficiency, Quality And Safety in Product Transportation by road by MCPI Private Limited.
|Parent Organisation||Ritco Logistics Ltd.||Managing Director||Sanjeev Kumar Elwadhi|
|Company||52 Week||Market Price||P/E Ratio|
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