Pantomath Capital Advisors Pvt.Ltd.
Glottis Limited is an integrated logistics solutions provider offering comprehensive, multi-modal transportation services spanning ocean, air, and road networks. The company focuses on delivering end-to-end solutions with capabilities including full container load and project cargo forwarding, alongside crucial ancillary services like warehousing, 3PL, and customs clearance. This asset-light model leverages a robust network of intermediaries and a small owned fleet to maintain flexibility and scalability.
Glottis has developed a competitive advantage by proactively pre-booking shipping slots to guarantee capacity and secure favorable rates, which helps maintain consistent margins and predictable costs for customers. The company has a notable track record, handling approximately 112,146 TEUs of ocean imports in Fiscal 2025. With an emphasis on complex supply chains, Glottis serves a diverse clientele across multiple industries, with a particular focus on the renewable energy sector. The company’s structured, organized service model provides a competitive edge over unorganized players in the highly fragmented Indian logistics market.
For the year/period ended (Rs. in Cr.)
| FY25 | FY24 | FY23 | |
|---|---|---|---|
| Total Revenue | 942.55 | 499.39 | 478.77 |
| Profit After Tax | 56.14 | 30.96 | 22.44 |
| EPS | 7.02 | 3.87 | 65.92 |
| EBITDA Margin (%) | 8.34 | 8.12 | 7.00 |
| PAT Margin (%) | 5.97 | 6.23 | 4.69 |
For year/ period ended ( in Cr.)
| Company Name | Market Cap (Cr.) | Price | P/BV | P/E | Sales (Cr.) FY25 |
Net Profits(Cr.) FY25 |
|---|---|---|---|---|---|---|
| Glottis Limited | 1192* | 129 | 10.47 | 21.23 | 942.55 | 56.14 |
| Allcargo Logistics Ltd | 3316 | 33.7 | 1.38 | – | 16022 | 49 |
| Transport Corporation of India Limited | 9364 | 1200 | 4.34 | 21.9 | 4492 | 416 |
*Market cap @upper band
The Company GLOTTIS LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
General Corporate Purposes
At the upper band of IPO ₹ 129, the stock is valued at 21.23 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.
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