Glottis LimitedLogistics & TransportationGLOTTIS
Q1 FY27 concall · earnings callGlottis Limited
Revenue grew 39.5% year-on-year through better realizations and a diversifying business mix, though margins were impacted by higher operating costs and lower container throughput.
Numbers
| Metric | This quarter | Change | Five-quarter trend |
|---|---|---|---|
| Revenue | ₹234.5 Cr | 39.5% | |
| EBITDA | ₹16.3 Cr | — | |
| EBITDA Margin | 6.9% | — | |
| PAT | ₹10.7 Cr | — | |
| PAT Margin | 4.6% | — | |
| TEUs Handled | 21,841 | — |
TL;DR
- Revenue grew 39.5% YoY to Rs. 2,345 million.
- EBITDA margin was 6.9%, with PAT margin at 4.6%.
- Sea export contribution rose to 20% of revenue, air freight grew significantly.
- Ocean freight container throughput declined to 21,841 TEUs.
- Added 38 owned vehicles, bringing the total fleet to 80.
- Expect revenue to exceed FY '25 numbers.
Said on the call
“If you look at the geopolitical situation, the war in Iran, the US and its involvement in Iran, there is a serious implication, especially in the supply side.”
From the Q&A
| Topic | What management said |
|---|---|
| Geopolitical & Trade Impact | Management sees a minor impact from geopolitical tensions on price and supply availability, but it is mitigated and not major as the company is Asia-dominated. |
| Growth & Margin Outlook | Management expects revenue to exceed FY '25 numbers and targets margins 'a little more' compared to the current quarter's 6.9%. |
| CAPEX | Total CAPEX for FY27 is Rs. 132 crores (IPO proceeds), to be fully implemented by March; 42 trailers added in Q1, container deployment starts in Q3. |
| Geographic Expansion | Company is looking to increase presence in Africa, US, and Europe trade corridors, with US contribution rising from 4-5% to ~10% this quarter. |
| Customer Concentration | Top 5 customers contributed ~29% of revenue; target is to reduce this to 15-20% by diversifying the customer base. |
| Air Freight Strategy | Air freight is a growing focus and is expected to give a 'major boost' going forward, though exact contribution numbers were not specified. |
| Network Expansion | Plans to expand in Hyderabad and develop Kolkata and Ahmedabad regions more aggressively. |
Guidance
- Revenue expected to exceed FY '25 numbers.
- Targeting margins a little more compared to the current quarter.
- Will implement total CAPEX of Rs. 132 crores fully by the end of March FY27.
- Container deployment will start from Q3.
- Expect top 5 customer concentration to reduce to 15-20%.
Source
Summary written from the transcript filed by Glottis Limited for the call held on 11 Aug 2026; published 18 Aug 2026, 20:00 IST.
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