Sector Alpha Week of 2026-08-05
20-quarter listed-company comparison

Logistics - Warehousing/Supply Chain Stocks in India

Logistics - Warehousing/Supply Chain: TVS Supply Chain Solutions Ltd owns the largest revenue base; Delhivery Ltd has the fastest current growth.

01 · the index people search for

Nifty Logistics - Warehousing/Supply Chain Index — Constituents & Performance

The Logistics - Warehousing/Supply Chain companies below are the listed Indian Logistics - Warehousing/Supply Chain universe this page tracks — the same constituent set people search for as the Nifty Logistics - Warehousing/Supply Chain index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.

02 · the sector itself · before any single company

How has Logistics - Warehousing/Supply Chain moved against NIFTY 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this sector is 31% behind NIFTY 500. Earnings across its companies grew 21% on average over the last four reported quarters.

FADING · −3 in 4w~Fundamentals up, price down1 of 8 companies ahead of NIFTY 500 by 5% or more over three months

RS ↑1w · 5/8 >200d (+1) · 1/8 lead (−3) · EPS 3/7↑

20030020262025202420232022 221333 TRAILING 12-MONTH EPS · 100 AT THE START0100Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26Sep 2023 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 3 reportingDec 2023 · trailing 12-month earnings per share at 90, against 100 at the start · no comparable year yet · 4 reportingMar 2024 · trailing 12-month earnings per share at 63, against 100 at the start · down 72.2% on a year ago · 4 reportingJun 2024 · trailing 12-month earnings per share at 48, against 100 at the start · down 77.6% on a year ago · 4 reportingSep 2024 · trailing 12-month earnings per share at 42, against 100 at the start · down 71.2% on a year ago · 4 reportingDec 2024 · trailing 12-month earnings per share at 34, against 100 at the start · down 62.0% on a year ago · 4 reportingMar 2025 · trailing 12-month earnings per share at 47, against 100 at the start · down 45.1% on a year ago · 4 reportingJun 2025 · trailing 12-month earnings per share at 51, against 100 at the start · down 23.8% on a year ago · 4 reportingSep 2025 · trailing 12-month earnings per share at 39, against 100 at the start · up 30.9% on a year ago · 4 reportingDec 2025 · trailing 12-month earnings per share at 36, against 100 at the start · up 83.4% on a year ago · 4 reportingMar 2026 · trailing 12-month earnings per share at 40, against 100 at the start · down 6.4% on a year ago · 4 reportingNot reported yet — earnings trail price by a quarter or two40 · Mar 26No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
20030020262025202420232022 221333 TRAILING 12-MONTH EPS · 100 AT THE START0100Mar 24Mar 25Mar 26Sep 2023 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 3 reportingDec 2023 · trailing 12-month earnings per share at 90, against 100 at the start · no comparable year yet · 4 reportingMar 2024 · trailing 12-month earnings per share at 63, against 100 at the start · down 72.2% on a year ago · 4 reportingJun 2024 · trailing 12-month earnings per share at 48, against 100 at the start · down 77.6% on a year ago · 4 reportingSep 2024 · trailing 12-month earnings per share at 42, against 100 at the start · down 71.2% on a year ago · 4 reportingDec 2024 · trailing 12-month earnings per share at 34, against 100 at the start · down 62.0% on a year ago · 4 reportingMar 2025 · trailing 12-month earnings per share at 47, against 100 at the start · down 45.1% on a year ago · 4 reportingJun 2025 · trailing 12-month earnings per share at 51, against 100 at the start · down 23.8% on a year ago · 4 reportingSep 2025 · trailing 12-month earnings per share at 39, against 100 at the start · up 30.9% on a year ago · 4 reportingDec 2025 · trailing 12-month earnings per share at 36, against 100 at the start · up 83.4% on a year ago · 4 reportingMar 2026 · trailing 12-month earnings per share at 40, against 100 at the start · down 6.4% on a year ago · 4 reportingNot reported yet — earnings trail price by a quarter or two40No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
Logistics - Warehousing/Supply Chain, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling

Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 8 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

03 · sector relative strength, before individual stocks

Is Logistics - Warehousing/Supply Chain outperforming NIFTY 500?

Logistics - Warehousing/Supply Chain has underperformed NIFTY 500 by 13.7% over the last 52 weeks. Over 13 weeks the gap is a lead of 0.2%. 4 of 8 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Mahindra Logistics Ltd is the strongest against the sector itself at +15.7%.

+0.2%Sector vs NIFTY 500 · 13 weeks
-13.7%Sector vs NIFTY 500 · 52 weeks
4/8Stocks leading NIFTY 500
3/8Stocks leading sector

Sector metric: 15.1 as of 2026-07-19 · NARROWING · rising.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

Logistics - Warehousing/Supply Chain has underperformed NIFTY 500 by 13.7% over 52 weeks and 0.2% over 13 weeks. 4 of 8 covered companies beat NIFTY on Mansfield relative strength, while 3 of 8 beat the sector itself. TVS Supply Chain Solutions Ltd leads with revenue of ₹11,003 crore, based on 8 of 8 comparable companies through Mar 2026.

Companies
8
complete canonical membership
Combined market value
₹56.2K Cr
Delhivery Ltd
Revenue growing
7/8
positive TTM year-on-year growth
Beating NIFTY 500
4/8
positive Mansfield relative strength
Comparing 5 of 8
04 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
VRL Logistics Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 95.6% evidence confidence.
TCI Express Ltd looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.
How this score is built, and what the marks mean

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1VRL Logistics LtdVRLLOG 66.1/100Favorable setup96% evidence TURNING 20.5/35 Revenue 1.9% · PAT 30.2% · OPM change -2 pp 88% evidence 19.2/25 ROCE 18.3% · OPM 21% 100% evidence 11.4/20 P/E 19.2× · PEG 2.39 100% evidence 15.0/20 RS sector 2.5% · RS bench 0.1% · 1Y -14.7%0 of 12 weeks ahead 100% evidence
Exact sum: 20.5 + 19.2 + 11.4 + 15 = 66.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2Mahindra Logistics LtdMAHLOG 50.8/100Mixed-positive evidence67% evidence FADING 19.7/35 Revenue 16.9% · PAT 100% · OPM change 1.3 pp 71% evidence 7.3/25 ROCE 7.4% · OPM 6% 76% evidence 9.8/20 P/E 103× · PEG — 15% evidence 14.0/20 RS sector 15.7% · RS bench 13.3% · 1Y 16.9%1 of 12 weeks ahead 100% evidence
Exact sum: 19.7 + 7.3 + 9.8 + 14 = 50.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3TVS Supply Chain Solutions LtdTVSSCS 49.4/100Mixed-negative evidence65% evidence TURNING 18.0/35 Revenue 10.1% · PAT 100% · OPM change 0 pp 65% evidence 10.3/25 ROCE 10.1% · OPM 7% 100% evidence 10.2/20 P/E 32× · PEG — 15% evidence 10.9/20 RS sector -5% · RS bench 11.4% · 1Y 5.9%7 of 10 weeks ahead 70% evidence
Exact sum: 18 + 10.3 + 10.2 + 10.9 = 49.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
4Navkar Corporation LtdNAVKARCORP 48.2/100Thin evidence · provisional52% evidence TURNING 20.4/35 Revenue 14.4% · PAT -2.2% · OPM change — 22% evidence 10.3/25 ROCE 6.9% · OPM 35% 80% evidence 11.1/20 P/E 17.1× · PEG — 50% evidence 6.4/20 RS sector -10.7% · RS bench -2.9% · 1Y -17%3 of 10 weeks ahead 70% evidence
Exact sum: 20.4 + 10.3 + 11.1 + 6.4 = 48.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
5TCI Express LtdTCIEXP 46.4/100Mixed-negative evidence77% evidence TURNING 13.8/35 Revenue 2.5% · PAT -4.7% · OPM change 1 pp 83% evidence 14.6/25 ROCE 13.8% · OPM 10% 95% evidence 13.2/20 P/E 25.2× · PEG — 50% evidence 4.8/20 RS sector -14% · RS bench -7.9% · 1Y -22.8%2 of 10 weeks ahead 70% evidence
Exact sum: 13.8 + 14.6 + 13.2 + 4.8 = 46.4 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
6Delhivery LtdDELHIVERY 41.8/100Mixed-negative evidence89% evidence FADING 20.5/35 Revenue 17.6% · PAT -5.6% · OPM change 3 pp 88% evidence 5.2/25 ROCE 2.8% · OPM 8% 100% evidence 3.9/20 P/E 202× · PEG 3.8 65% evidence 12.2/20 RS sector 8.8% · RS bench 6.3% · 1Y 13.4%4 of 12 weeks ahead 100% evidence
Exact sum: 20.5 + 5.2 + 3.9 + 12.2 = 41.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
7Snowman Logistics LtdSNOWMAN 39.2/100Mixed-negative evidence76% evidence ASLEEP 11.8/35 Revenue 9.4% · PAT -42% · OPM change -0.8 pp 83% evidence 11.9/25 ROCE 3.8% · OPM 16.7% 95% evidence 9.4/20 P/E 152× · PEG — 15% evidence 6.1/20 RS sector -9.1% · RS bench -11.8% · 1Y -31.8%2 of 12 weeks ahead 100% evidence
Exact sum: 11.8 + 11.9 + 9.4 + 6.1 = 39.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
8Allcargo Logistics LtdALLCARGO 31.9/100Adverse evidence70% evidence ASLEEP 11.4/35 Revenue -61% · PAT -48.6% · OPM change 4 pp 83% evidence 9.0/25 ROCE 2% · OPM 12% 95% evidence 8.5/20 P/E 241× · PEG — 15% evidence 3.0/20 RS sector -18% · RS bench -21.3% · 1Y -32.9%3 of 10 weeks ahead 70% evidence
Exact sum: 11.4 + 9 + 8.5 + 3 = 31.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
05 · what price has already done

Market action

Mahindra Logistics Ltd has the strongest one-year price move in Logistics - Warehousing/Supply Chain at +16.9%. It also leads on Mansfield relative strength against NIFTY at +13.3%. 4 of 8 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-31.

Price and relative strength

Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

06 · compare level, then change

Revenue Scale & Growth Durability

TVS Supply Chain Solutions Ltd has the highest Revenue among the 8 Logistics - Warehousing/Supply Chain companies compared here, at ₹11,003 crore. Delhivery Ltd is next at ₹10,508 crore. Delhivery Ltd has the highest Revenue growth at 17.6%, so level and change sit with different companies. 8 of 8 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: TVS Supply Chain Solutions Ltd is the scale leader at ₹11,003 crore, 4.7% ahead of Delhivery Ltd. Delhivery Ltd's growth is 17.6% from a ₹10,508 crore base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderTVS Supply Chain Solutions Ltd · ₹11,003 crore
Gap4.7% versus #2 · Delhivery Ltd
Persistence8/8 recent comparable periods
Coverage8/8 companies · 112 observations

Investor read: TVS Supply Chain Solutions Ltd is the scale benchmark; Delhivery Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: TVS Supply Chain Solutions Ltd's growth falls below Delhivery Ltd's for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1TVS Supply Chain Solutions Ltd TVSSCS₹11.0K Cr
2Delhivery Ltd DELHIVERY₹10.5K Cr
3Mahindra Logistics Ltd MAHLOG₹7.4K Cr
4VRL Logistics Ltd VRLLOG₹3.2K Cr
5Allcargo Logistics Ltd ALLCARGO⚠ unverified₹2.1K Cr
Revenue growthfastest growers
1Delhivery Ltd DELHIVERY18%
2Mahindra Logistics Ltd MAHLOG17%
3Navkar Corporation Ltd NAVKARCORP⚠ unverified14%
4TVS Supply Chain Solutions Ltd TVSSCS10%
5Snowman Logistics Ltd SNOWMAN9.4%
Revenue · company comparison
8/8 level · 8/8 change

On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
TVS Supply Chain Solutions Ltd TVSSCS₹3.0K Cr21%Mar 2026
Delhivery Ltd DELHIVERY₹2.9K Cr30%Mar 2026
Mahindra Logistics Ltd MAHLOG₹2.0K Cr23%Jun 2026
VRL Logistics Ltd VRLLOG₹853 Cr5.4%Mar 2026
Allcargo Logistics Ltd ALLCARGO⚠ unverified₹514 Cr0.2%Mar 2026
TCI Express Ltd TCIEXP⚠ unverified₹328 Cr6.8%Mar 2026
Snowman Logistics Ltd SNOWMAN₹142 Cr3.9%Mar 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

Allcargo Logistics Ltd · ALLCARGO⚠ unverified

—
—
—
—
—
₹4.1K Cr
₹3.4K Cr
₹3.3K Cr
₹3.3K Cr
₹3.2K Cr
₹3.3K Cr
₹3.8K Cr
₹483 Cr
₹519 Cr
₹513 Cr
₹491 Cr
₹537 Cr
₹516 Cr
₹514 Cr
—

Delhivery Ltd · DELHIVERY

₹1.5K Cr
₹2.0K Cr
₹2.1K Cr
₹1.7K Cr
₹1.8K Cr
₹1.8K Cr
₹1.9K Cr
₹1.9K Cr
₹1.9K Cr
₹2.2K Cr
₹2.1K Cr
₹2.2K Cr
₹2.2K Cr
₹2.4K Cr
₹2.2K Cr
₹2.3K Cr
₹2.6K Cr
₹2.8K Cr
₹2.9K Cr
—

Mahindra Logistics Ltd · MAHLOG

—
—
—
—
—
₹1.3K Cr
₹1.3K Cr
₹1.3K Cr
₹1.4K Cr
₹1.4K Cr
₹1.5K Cr
₹1.4K Cr
₹1.5K Cr
₹1.6K Cr
₹1.6K Cr
₹1.6K Cr
₹1.7K Cr
₹1.9K Cr
₹1.8K Cr
₹2.0K Cr

Snowman Logistics Ltd · SNOWMAN

—
—
—
—
—
₹109 Cr
₹112 Cr
₹129 Cr
₹124 Cr
₹124 Cr
₹127 Cr
₹140 Cr
₹143 Cr
₹132 Cr
₹137 Cr
₹163 Cr
₹156 Cr
₹144 Cr
₹142 Cr
—

TCI Express Ltd · TCIEXP⚠ unverified

—
—
—
—
—
—
₹326 Cr
₹305 Cr
₹320 Cr
₹312 Cr
₹317 Cr
₹293 Cr
₹312 Cr
₹296 Cr
₹307 Cr
₹287 Cr
₹309 Cr
₹314 Cr
₹328 Cr
—

TVS Supply Chain Solutions Ltd · TVSSCS

₹2.1K Cr
₹2.5K Cr
₹2.6K Cr
₹2.7K Cr
₹448 Cr
₹2.4K Cr
₹2.3K Cr
₹2.3K Cr
₹2.3K Cr
₹2.2K Cr
₹2.4K Cr
₹2.5K Cr
₹2.5K Cr
₹2.4K Cr
₹2.5K Cr
₹2.6K Cr
₹2.7K Cr
₹2.7K Cr
₹3.0K Cr
—

VRL Logistics Ltd · VRLLOG

₹636 Cr
₹678 Cr
—
₹720 Cr
₹733 Cr
₹682 Cr
₹698 Cr
₹674 Cr
₹709 Cr
₹737 Cr
₹768 Cr
₹727 Cr
₹799 Cr
₹825 Cr
₹809 Cr
₹744 Cr
₹797 Cr
₹827 Cr
₹853 Cr
—

Revenue growth · reported quarter history

Allcargo Logistics Ltd · ALLCARGO⚠ unverified

—
—
—
—
—
—
—
—
—
-22%
-1.4%
15%
-85%
-84%
-85%
-87%
11%
-0.6%
0.2%
—

Delhivery Ltd · DELHIVERY

—
—
—
32%
20%
-8.6%
-10%
11%
8.1%
20%
12%
13%
13%
8.4%
5.6%
5.6%
17%
18%
30%
—

Mahindra Logistics Ltd · MAHLOG

—
—
—
—
—
—
—
—
—
5.1%
14%
9.8%
11%
14%
8.2%
14%
11%
19%
14%
23%

Snowman Logistics Ltd · SNOWMAN

—
—
—
—
—
—
—
—
—
13%
13%
8.9%
16%
6.3%
8.3%
16%
8.5%
9.0%
3.9%
—

TCI Express Ltd · TCIEXP⚠ unverified

—
—
—
—
—
—
—
—
—
—
-2.8%
-3.9%
-2.5%
-5.1%
-3.2%
-2.1%
-1.0%
6.1%
6.8%
—

TVS Supply Chain Solutions Ltd · TVSSCS

—
—
—
26%
-79%
-3.4%
-9.1%
-14%
405%
-6.4%
4.5%
11%
11%
10%
3.0%
2.1%
6.0%
11%
21%
—

VRL Logistics Ltd · VRLLOG

—
—
—
74%
15%
0.6%
—
-6.4%
-3.3%
8.1%
10%
7.9%
13%
12%
5.3%
2.3%
-0.3%
0.2%
5.4%
—
07 · compare level, then change

Operating Economics & Margin Trend

Navkar Corporation Ltd has the highest OPM among the 8 Logistics - Warehousing/Supply Chain companies compared here, at 35%. VRL Logistics Ltd is next at 21%. Allcargo Logistics Ltd has the highest Margin change at +4 percentage points, so level and change sit with different companies. 8 of 8 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Navkar Corporation Ltd leads opm at 35%; Allcargo Logistics Ltd leads margin change at +4 percentage points.

LeaderNavkar Corporation Ltd · 35%
Gap66.7% versus #2 · VRL Logistics Ltd
PersistenceNot enough history
Coverage8/8 companies · 134 observations

Investor read: Navkar Corporation Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1Navkar Corporation Ltd NAVKARCORP⚠ unverified35%
2VRL Logistics Ltd VRLLOG21%
3Snowman Logistics Ltd SNOWMAN17%
4Allcargo Logistics Ltd ALLCARGO⚠ unverified12%
5TCI Express Ltd TCIEXP⚠ unverified10%
Margin changefastest expanders
1Allcargo Logistics Ltd ALLCARGO⚠ unverified+4.0 pp
2Delhivery Ltd DELHIVERY+3.0 pp
3Mahindra Logistics Ltd MAHLOG+1.3 pp
4TCI Express Ltd TCIEXP⚠ unverified+1.0 pp
5TVS Supply Chain Solutions Ltd TVSSCS0.0 pp
Operating margin · company comparison
8/8 level · 7/8 change
All-company data · latest reported quarter
CompanyOPMMargin changeReported
VRL Logistics Ltd VRLLOG21%−2.0 ppMar 2026
Snowman Logistics Ltd SNOWMAN17%−0.8 ppMar 2026
Allcargo Logistics Ltd ALLCARGO⚠ unverified12%+4.0 ppMar 2026
TCI Express Ltd TCIEXP⚠ unverified10%+1.0 ppMar 2026
Delhivery Ltd DELHIVERY8.0%+3.0 ppMar 2026
TVS Supply Chain Solutions Ltd TVSSCS7.0%0.0 ppMar 2026
Mahindra Logistics Ltd MAHLOG6.0%+1.3 ppJun 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Allcargo Logistics Ltd · ALLCARGO⚠ unverified

7.3%
7.8%
7.1%
6.6%
7.4%
6.0%
4.1%
4.2%
3.6%
3.1%
2.9%
3.5%
10%
12%
8.0%
10%
12%
12%
12%
—

Delhivery Ltd · DELHIVERY

-35%
2.7%
2.9%
-15%
-7.7%
-4.0%
0.7%
-0.7%
-0.8%
4.8%
2.2%
4.4%
2.3%
4.2%
5.0%
6.0%
2.7%
7.0%
8.0%
—

Mahindra Logistics Ltd · MAHLOG

4.5%
4.0%
4.7%
5.5%
5.1%
4.7%
5.0%
5.0%
3.9%
3.7%
3.9%
4.7%
4.4%
4.6%
5.0%
4.7%
5.0%
5.0%
6.0%
6.0%

Snowman Logistics Ltd · SNOWMAN

26%
25%
22%
23%
21%
22%
19%
19%
19%
21%
21%
17%
15%
15%
18%
15%
13%
16%
17%
—

TCI Express Ltd · TCIEXP⚠ unverified

17%
16%
17%
15%
17%
15%
17%
15%
16%
15%
14%
11%
12%
10%
9.0%
10%
11%
10%
10%
—

TVS Supply Chain Solutions Ltd · TVSSCS

6.3%
2.2%
2.3%
5.9%
-5.0%
7.0%
7.0%
7.0%
8.0%
7.0%
7.0%
7.0%
8.0%
6.0%
7.0%
7.0%
7.0%
8.0%
7.0%
—

VRL Logistics Ltd · VRLLOG

18%
20%
19%
15%
14%
15%
16%
15%
13%
13%
14%
12%
17%
20%
23%
20%
19%
21%
21%
—

Margin change · reported quarter history

Allcargo Logistics Ltd · ALLCARGO⚠ unverified

+0.3 pp
+2.4 pp
+1.4 pp
+0.3 pp
+0.1 pp
−1.8 pp
−3.0 pp
−2.4 pp
−3.8 pp
−2.9 pp
−1.2 pp
−0.7 pp
+6.4 pp
+8.9 pp
+5.1 pp
+6.5 pp
+2.0 pp
0.0 pp
+4.0 pp
—

Delhivery Ltd · DELHIVERY

—
—
+5.2 pp
−9.1 pp
+26.9 pp
−6.7 pp
−2.2 pp
+13.9 pp
+6.9 pp
+8.8 pp
+1.5 pp
+5.1 pp
+3.1 pp
−0.6 pp
+2.8 pp
+1.6 pp
+0.4 pp
+2.8 pp
+3.0 pp
—

Mahindra Logistics Ltd · MAHLOG

+0.1 pp
−1.1 pp
−0.0 pp
+0.9 pp
+0.6 pp
+0.7 pp
+0.3 pp
−0.5 pp
−1.2 pp
−1.0 pp
−1.1 pp
−0.3 pp
+0.5 pp
+0.9 pp
+1.1 pp
0.0 pp
+0.6 pp
+0.4 pp
+1.0 pp
+1.3 pp

Snowman Logistics Ltd · SNOWMAN

+0.0 pp
−2.6 pp
−4.5 pp
−2.5 pp
−4.4 pp
−3.2 pp
−2.4 pp
−4.2 pp
−1.9 pp
−0.5 pp
+2.0 pp
−2.1 pp
−4.0 pp
−6.2 pp
−3.8 pp
−1.8 pp
−2.5 pp
+0.9 pp
−0.8 pp
—

TCI Express Ltd · TCIEXP⚠ unverified

+1.3 pp
−0.8 pp
−2.6 pp
+0.3 pp
+0.1 pp
−1.8 pp
+0.2 pp
+0.3 pp
−0.6 pp
+0.3 pp
−3.0 pp
−4.0 pp
−4.0 pp
−5.0 pp
−5.0 pp
−1.0 pp
−1.0 pp
0.0 pp
+1.0 pp
—

TVS Supply Chain Solutions Ltd · TVSSCS

—
—
—
+4.2 pp
−11.3 pp
+4.8 pp
+4.7 pp
+1.1 pp
+13.0 pp
0.0 pp
0.0 pp
0.0 pp
0.0 pp
−1.0 pp
0.0 pp
0.0 pp
−1.0 pp
+2.0 pp
0.0 pp
—

VRL Logistics Ltd · VRLLOG

−2.0 pp
+2.0 pp
+3.4 pp
+6.2 pp
−3.6 pp
−4.5 pp
−3.4 pp
+0.1 pp
−1.2 pp
−2.0 pp
−2.0 pp
−3.0 pp
+4.0 pp
+7.0 pp
+9.0 pp
+8.0 pp
+2.0 pp
+1.0 pp
−2.0 pp
—
08 · compare level, then change

Profit Scale & Acceleration

VRL Logistics Ltd has the highest Net profit among the 8 Logistics - Warehousing/Supply Chain companies compared here, at ₹237 crore. Delhivery Ltd is next at ₹153 crore. The same company also holds the highest Profit growth, at 30.2%. 8 of 8 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: VRL Logistics Ltd leads with ₹237 crore of TTM profit, 54.9% above Delhivery Ltd. VRL Logistics Ltd shows 30.2% growth from a ₹237 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderVRL Logistics Ltd · ₹237 crore
Gap54.9% versus #2 · Delhivery Ltd
Persistence6/8 recent comparable periods
Coverage8/8 companies · 112 observations

Investor read: VRL Logistics Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1VRL Logistics Ltd VRLLOG₹237 Cr
2Delhivery Ltd DELHIVERY₹153 Cr
3TVS Supply Chain Solutions Ltd TVSSCS₹116 Cr
4Navkar Corporation Ltd NAVKARCORP⚠ unverified₹90 Cr
5TCI Express Ltd TCIEXP⚠ unverified₹81 Cr
Profit growthfastest growers
1VRL Logistics Ltd VRLLOG30%
2TCI Express Ltd TCIEXP⚠ unverified-4.7%
3Delhivery Ltd DELHIVERY-5.6%
4Snowman Logistics Ltd SNOWMAN-42%
5Allcargo Logistics Ltd ALLCARGO⚠ unverified-49%
Net profit · company comparison
8/8 level · 5/8 change
All-company data · latest reported quarter
CompanyNet profitProfit growthReported
Delhivery Ltd DELHIVERY₹72 Cr-1.4%Mar 2026
VRL Logistics Ltd VRLLOG₹72 Cr-2.7%Mar 2026
Mahindra Logistics Ltd MAHLOG₹28 Cr-1,632%Jun 2026
Allcargo Logistics Ltd ALLCARGO⚠ unverified₹20 Cr-20%Mar 2026
TVS Supply Chain Solutions Ltd TVSSCS₹18 Cr45%Mar 2026
TCI Express Ltd TCIEXP⚠ unverified₹16 Cr-16%Mar 2026
Snowman Logistics Ltd SNOWMAN₹6 Cr42%Mar 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Allcargo Logistics Ltd · ALLCARGO⚠ unverified

—
—
—
—
—
₹146 Cr
₹52 Cr
₹119 Cr
₹16 Cr
₹17 Cr
₹-12 Cr
₹4 Cr
₹14 Cr
₹-6 Cr
₹25 Cr
₹-12 Cr
₹9 Cr
₹2 Cr
₹20 Cr
—

Delhivery Ltd · DELHIVERY

₹-635 Cr
₹-127 Cr
₹-120 Cr
₹-399 Cr
₹-254 Cr
₹-196 Cr
₹-159 Cr
₹-89 Cr
₹-103 Cr
₹12 Cr
₹-68 Cr
₹54 Cr
₹10 Cr
₹25 Cr
₹73 Cr
₹91 Cr
₹-50 Cr
₹40 Cr
₹72 Cr
—

Mahindra Logistics Ltd · MAHLOG

—
—
—
—
—
₹1 Cr
₹-1 Cr
₹-8 Cr
₹-16 Cr
₹-17 Cr
₹-12 Cr
₹-8 Cr
₹-10 Cr
₹-7 Cr
₹-5 Cr
₹-9 Cr
₹-8 Cr
₹6 Cr
₹22 Cr
₹28 Cr

Snowman Logistics Ltd · SNOWMAN

—
—
—
—
—
₹4 Cr
₹5 Cr
₹3 Cr
₹3 Cr
₹4 Cr
₹2 Cr
₹2 Cr
₹1 Cr
₹-1 Cr
₹4 Cr
₹3 Cr
₹-3 Cr
₹-2 Cr
₹6 Cr
—

TCI Express Ltd · TCIEXP⚠ unverified

—
—
—
—
—
—
₹38 Cr
₹32 Cr
₹36 Cr
₹32 Cr
₹32 Cr
₹22 Cr
₹25 Cr
₹19 Cr
₹19 Cr
₹19 Cr
₹24 Cr
₹22 Cr
₹16 Cr
—

TVS Supply Chain Solutions Ltd · TVSSCS

₹-29 Cr
₹-5 Cr
₹18 Cr
₹-2 Cr
₹-53 Cr
₹16 Cr
₹-12 Cr
₹-65 Cr
₹-41 Cr
₹10 Cr
₹5 Cr
₹7 Cr
₹11 Cr
₹-24 Cr
₹-4 Cr
₹71 Cr
₹16 Cr
₹11 Cr
₹18 Cr
—

VRL Logistics Ltd · VRLLOG

₹49 Cr
₹60 Cr
—
₹49 Cr
₹31 Cr
₹49 Cr
₹193 Cr
₹34 Cr
₹20 Cr
₹14 Cr
₹22 Cr
₹13 Cr
₹36 Cr
₹59 Cr
₹74 Cr
₹50 Cr
₹50 Cr
₹65 Cr
₹72 Cr
—

Profit growth · reported quarter history

Allcargo Logistics Ltd · ALLCARGO⚠ unverified

—
—
—
—
—
—
—
—
—
-88%
-123%
-97%
-13%
-135%
—
-400%
-36%
—
-20%
—

Delhivery Ltd · DELHIVERY

—
—
—
—
—
—
—
—
—
—
—
—
—
108%
—
69%
-600%
60%
-1.4%
—

Mahindra Logistics Ltd · MAHLOG

—
—
—
—
—
—
—
—
—
-1,632%
—
—
—
—
—
—
—
—
—
—

Snowman Logistics Ltd · SNOWMAN

—
—
—
—
—
—
—
—
—
14%
-58%
-47%
-79%
-114%
81%
42%
-577%
—
42%
—

TCI Express Ltd · TCIEXP⚠ unverified

—
—
—
—
—
—
—
—
—
—
-16%
-31%
-31%
-41%
-41%
-14%
-4.0%
16%
-16%
—

TVS Supply Chain Solutions Ltd · TVSSCS

—
—
—
—
—
—
-167%
—
—
-38%
—
—
—
-340%
-180%
914%
45%
—
—
—

VRL Logistics Ltd · VRLLOG

—
—
—
—
-37%
-18%
—
-31%
-35%
-71%
-89%
-62%
80%
321%
236%
285%
39%
10%
-2.7%
—
09 · compare level, then change

Return On Capital Employed

VRL Logistics Ltd has the highest ROCE among the 8 Logistics - Warehousing/Supply Chain companies compared here, at 18.3%. TCI Express Ltd is next at 13.8%. Navkar Corporation Ltd has the highest ROCE change at +5.1 percentage points, so level and change sit with different companies. 8 of 8 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: VRL Logistics Ltd leads ROCE at 18.3%, 4.5 percentage points above TCI Express Ltd. Navkar Corporation Ltd has the strongest latest improvement at +5.1 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderVRL Logistics Ltd · 18.3%
Gap32.6% versus #2 · TCI Express Ltd
Persistence5/8 recent comparable periods
Coverage8/8 companies · 83 observations

Investor read: VRL Logistics Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1VRL Logistics Ltd VRLLOG18%
2TCI Express Ltd TCIEXP⚠ unverified14%
3TVS Supply Chain Solutions Ltd TVSSCS10%
4Mahindra Logistics Ltd MAHLOG7.4%
5Navkar Corporation Ltd NAVKARCORP⚠ unverified6.9%
ROCE changefastest improvers
1Navkar Corporation Ltd NAVKARCORP⚠ unverified+5.1 pp
2VRL Logistics Ltd VRLLOG+4.1 pp
3TVS Supply Chain Solutions Ltd TVSSCS+2.2 pp
4Delhivery Ltd DELHIVERY+1.0 pp
5Mahindra Logistics Ltd MAHLOG+1.0 pp
Return on capital · company comparison
8/8 level · 8/8 change

Withheld from this chart: Mahindra Logistics Ltd (MAHLOG) — its two data sources disagree by up to 38% on reported income across 14 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

All-company data · latest reported quarter
CompanyROCEROCE changeReported
VRL Logistics Ltd VRLLOG19%+4.1 ppMar 2026
TCI Express Ltd TCIEXP⚠ unverified12%−1.9 ppMar 2026
TVS Supply Chain Solutions Ltd TVSSCS7.3%+2.2 ppMar 2026
Navkar Corporation Ltd NAVKARCORP⚠ unverified3.1%+5.1 ppJun 2026
Allcargo Logistics Ltd ALLCARGO⚠ unverified1.0%−1.6 ppMar 2026
Delhivery Ltd DELHIVERY-0.5%+1.0 ppMar 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

Allcargo Logistics Ltd · ALLCARGO⚠ unverified

14%
—
—
—
21%
—
24%
—
8.3%
7.7%
7.5%
3.8%
1.7%
2.4%
2.6%
1.6%
1.6%
1.5%
1.0%
—

Delhivery Ltd · DELHIVERY

—
-11%
-11%
—
-10%
—
-13%
—
-8.6%
-2.7%
-5.9%
0.0%
-3.1%
1.3%
-1.5%
3.2%
-1.5%
2.7%
-0.5%
—

Navkar Corporation Ltd · NAVKARCORP⚠ unverified

5.7%
—
—
—
5.8%
—
4.7%
—
1.3%
—
1.2%
—
0.4%
—
-2.0%
—
-0.8%
—
3.1%
—

TCI Express Ltd · TCIEXP⚠ unverified

35%
—
31%
—
30%
—
30%
—
27%
29%
24%
24%
19%
18%
13%
15%
12%
14%
12%
—

TVS Supply Chain Solutions Ltd · TVSSCS

3.2%
—
7.0%
—
7.7%
7.1%
—
3.7%
3.5%
4.6%
4.6%
6.4%
4.7%
6.1%
5.1%
9.5%
6.2%
10%
7.3%
—

VRL Logistics Ltd · VRLLOG

20%
—
—
—
17%
—
17%
—
15%
24%
11%
10%
9.7%
15%
15%
20%
20%
21%
19%
—

ROCE change · reported quarter history

Allcargo Logistics Ltd · ALLCARGO⚠ unverified

—
—
—
—
+6.3 pp
—
—
—
−12.2 pp
—
−16.8 pp
—
−6.6 pp
−5.3 pp
−4.9 pp
−2.2 pp
−0.1 pp
−0.9 pp
−1.6 pp
—

Delhivery Ltd · DELHIVERY

—
—
—
—
—
—
−1.3 pp
—
+1.6 pp
—
+6.7 pp
—
+5.5 pp
+4.0 pp
+4.4 pp
+3.2 pp
+1.6 pp
+1.4 pp
+1.0 pp
—

Navkar Corporation Ltd · NAVKARCORP⚠ unverified

—
—
—
—
+0.1 pp
—
—
—
−4.5 pp
—
−3.5 pp
—
−0.9 pp
—
−3.2 pp
—
−1.2 pp
—
+5.1 pp
—

TCI Express Ltd · TCIEXP⚠ unverified

—
—
—
—
−4.4 pp
—
−1.1 pp
—
−3.5 pp
—
−6.0 pp
—
−8.3 pp
−10.5 pp
−10.3 pp
−9.3 pp
−6.8 pp
−4.1 pp
−1.9 pp
—

TVS Supply Chain Solutions Ltd · TVSSCS

—
—
—
—
+4.5 pp
—
—
—
−4.2 pp
−2.5 pp
—
+2.7 pp
+1.2 pp
+1.5 pp
+0.5 pp
+3.1 pp
+1.5 pp
+4.1 pp
+2.2 pp
—

VRL Logistics Ltd · VRLLOG

—
—
—
—
−2.5 pp
—
—
—
−2.7 pp
—
−6.6 pp
—
−4.9 pp
−8.8 pp
+4.5 pp
+9.3 pp
+9.8 pp
+5.7 pp
+4.1 pp
—
10 · compare level, then change

Valuation Against Growth & Quality

VRL Logistics Ltd has the lowest PEG among the 8 Logistics - Warehousing/Supply Chain companies compared here, at 2.39×. Delhivery Ltd is next at 3.8×. Navkar Corporation Ltd has the lowest P/E at 17.1×, so level and change sit with different companies. 2 of 8 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: VRL Logistics Ltd has the lowest comparable PEG at 2.39×, 37.1% below Delhivery Ltd. Only 2 of 8 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderVRL Logistics Ltd · 2.39×
Gap37.1% versus #2 · Delhivery Ltd
Persistence0/8 recent comparable periods
Coverage2/8 companies · 4 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.
PEGlowest PEG
1VRL Logistics Ltd VRLLOG2.4
2Delhivery Ltd DELHIVERY3.8
P/Elowest P/E
1Navkar Corporation Ltd NAVKARCORP⚠ unverified17.1
2VRL Logistics Ltd VRLLOG19.2
3TCI Express Ltd TCIEXP⚠ unverified25.2
4TVS Supply Chain Solutions Ltd TVSSCS32.0
5Mahindra Logistics Ltd MAHLOG103.0
Valuation · company comparison
2/8 level · 8/8 change
All-company data · latest reported quarter
CompanyPEGP/EReported
Delhivery Ltd DELHIVERY3.8177.8Mar 2026
VRL Logistics Ltd VRLLOG2.418.0Mar 2026
TVS Supply Chain Solutions Ltd TVSSCS—26.8Mar 2026
Mahindra Logistics Ltd MAHLOG—809.0Jun 2026
TCI Express Ltd TCIEXP⚠ unverified—21.0Mar 2026
Navkar Corporation Ltd NAVKARCORP⚠ unverified—17.7Jun 2026
Allcargo Logistics Ltd ALLCARGO⚠ unverified—21.4Mar 2026
Snowman Logistics Ltd SNOWMAN—224.6Mar 2026
Full 20-quarter history · every available company

PEG · reported quarter history

Delhivery Ltd · DELHIVERY

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
3.8
—
—

VRL Logistics Ltd · VRLLOG

—
0.6
—
—
—
0.6
2.4
—
—
—
—
—
—
—
—
—
—
—
—
—

P/E · reported quarter history

Allcargo Logistics Ltd · ALLCARGO⚠ unverified

10.9
8.8
3.7
2.2
2.8
2.8
3.0
4.0
5.2
9.2
15.6
22.7
70.3
64.3
55.3
24.8
37.4
29.7
21.4
—

Delhivery Ltd · DELHIVERY

—
—
—
—
—
—
—
—
—
-84.3
—
-280.5
4,033.3
835.5
463.8
170.1
166.6
218.9
177.8
—

Mahindra Logistics Ltd · MAHLOG

127.0
148.3
161.6
221.5
168.8
129.7
92.6
131.3
822.9
809.0
—
—
—
—
—
—
—
—
—
—

Navkar Corporation Ltd · NAVKARCORP⚠ unverified

6.7
6.8
5.4
7.6
9.1
10.1
8.5
8.8
9.7
16.4
14.7
17.9
20.8
26.0
16.5
17.8
19.2
16.3
12.7
17.7

Snowman Logistics Ltd · SNOWMAN

—
337.5
359.4
257.0
201.7
122.3
66.7
57.3
56.7
69.8
78.0
102.5
126.4
135.2
186.5
179.3
136.0
237.0
224.6
—

TCI Express Ltd · TCIEXP⚠ unverified

44.3
62.9
51.0
45.1
50.8
50.5
41.1
43.2
39.9
37.8
28.3
35.6
35.1
28.6
24.0
34.6
33.4
27.1
21.0
—

TVS Supply Chain Solutions Ltd · TVSSCS

—
—
—
—
—
—
—
—
718.5
712.8
-67.2
-273.8
302.2
264.8
211.2
119.7
48.5
40.0
26.8
—

VRL Logistics Ltd · VRLLOG

34.0
31.7
29.3
34.1
27.7
27.2
35.5
38.0
38.9
44.5
37.8
55.6
72.7
53.2
31.8
27.4
21.6
19.8
18.0
—
11 · before the conclusion, check the blind spots

What can make this comparison misleading?

This Logistics - Warehousing/Supply Chain comparison names 7 specific ways its own evidence can mislead, all listed below. All 8 companies here report on comparable dates, so no rank carries a stale marker. 3 draw at least one figure from a second feed with too little overlap to cross-check. 1 has second-feed figures withheld because the two sources disagree.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • 3 companies draw at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; they are marked unverified wherever those figures appear.
  • 1 company is missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
  • Thin comparisons: Valuation have fewer than three usable current readings.
12 · evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 8 Logistics - Warehousing/Supply Chain companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-31. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-07-31 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing3 cross-checked · 4 unverified · 1 withheld, of 8 graded companies.
How a second data feed is admitted, and what happens when it disagrees

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from.

13 · questions investors ask, short speakable answers

Logistics - Warehousing/Supply Chain company comparison FAQs

These 24 answers restate the Logistics - Warehousing/Supply Chain comparison above in question form. Every one is computed from the same 8 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-31. Nothing here is estimated, and none of it is a recommendation.

Is the Logistics - Warehousing/Supply Chain sector outperforming NIFTY 500?

Logistics - Warehousing/Supply Chain has underperformed NIFTY 500 by 13.7% over 52 weeks and 0.2% over 13 weeks. 4 of 8 covered companies beat NIFTY on Mansfield relative strength, while 3 of 8 beat the sector itself.

Which Logistics - Warehousing/Supply Chain company is largest by revenue?

TVS Supply Chain Solutions Ltd leads with revenue of ₹11,003 crore, based on 8 of 8 comparable companies through Mar 2026.

Which Logistics - Warehousing/Supply Chain company is growing fastest?

Delhivery Ltd has the fastest current revenue growth at 17.6%, across 8 of 8 comparable companies.

Which Logistics - Warehousing/Supply Chain company has the strongest 4-Factor Sector Score?

VRL Logistics Ltd ranks first at 66.1/100 with 95.6% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Logistics - Warehousing/Supply Chain company has the lowest comparable PEG?

VRL Logistics Ltd has the lowest comparable PEG at 2.39, among 2 of 8 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Logistics - Warehousing/Supply Chain comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

What is the Nifty Logistics - Warehousing/Supply Chain index?

The Nifty Logistics - Warehousing/Supply Chain index tracks India's listed Logistics - Warehousing/Supply Chain companies as a single basket. This page follows the same 8 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Logistics - Warehousing/Supply Chain sector rather than to its largest constituent. Figures are as of Jun 2026.

Which are the best Logistics - Warehousing/Supply Chain stocks in India?

Ranked by this page's four-factor score, VRL Logistics Ltd places first among 8 listed Logistics - Warehousing/Supply Chain companies, followed by Mahindra Logistics Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

How many Logistics - Warehousing/Supply Chain stocks are listed in India?

This comparison covers 8 listed Logistics - Warehousing/Supply Chain companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.

Which Logistics - Warehousing/Supply Chain company is the biggest?

TVS Supply Chain Solutions Ltd is the largest, with trailing-twelve-month revenue of ₹11,003 crore, ahead of Delhivery Ltd at ₹10,508 crore. That covers 8 of 8 companies with comparable reporting through Mar 2026.

Which Logistics - Warehousing/Supply Chain company has the best profit margins?

Navkar Corporation Ltd has the highest operating margin at 35%, from 8 of 8 comparable companies. Allcargo Logistics Ltd shows the biggest recent improvement, at +4 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Logistics - Warehousing/Supply Chain company makes the most profit?

VRL Logistics Ltd earns the most, at ₹237 crore of trailing-twelve-month net profit, from 8 of 8 comparable companies. VRL Logistics Ltd has the fastest profit growth at 30.2%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Logistics - Warehousing/Supply Chain company earns the highest return on capital?

VRL Logistics Ltd leads on return on capital employed at 18.3%, across 8 of 8 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Logistics - Warehousing/Supply Chain stock is the cheapest?

On PEG — where a LOWER number is cheaper — VRL Logistics Ltd screens cheapest at 2.39×. Only 2 of 8 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Is the Logistics - Warehousing/Supply Chain sector beating the market?

Logistics - Warehousing/Supply Chain has underperformed NIFTY 500 by 13.7% over the last 52 weeks and 0.2% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 4 of 8 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Logistics - Warehousing/Supply Chain stock has the strongest price momentum?

Mahindra Logistics Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Logistics - Warehousing/Supply Chain company scores highest for research priority?

VRL Logistics Ltd scores 66.1 out of 100 with 95.6% evidence confidence, from 20.5 points on growth and earnings, 19.2 on capital efficiency, 11.4 on valuation and 15 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Logistics - Warehousing/Supply Chain companies does this comparison cover, and over what period?

It compares 8 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Logistics - Warehousing/Supply Chain sector?

The 8 Logistics - Warehousing/Supply Chain companies on this page carry ₹56,242 crore of combined market value. Delhivery Ltd is the largest at ₹36,101 crore, about 64% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-05.

What is the Logistics - Warehousing/Supply Chain sector's P/E ratio?

The median price-to-earnings ratio across the 8 Logistics - Warehousing/Supply Chain companies on this page is 103×, measured on the 8 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-08-05.

How is the Logistics - Warehousing/Supply Chain sector performing?

4 of the 8 covered Logistics - Warehousing/Supply Chain companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 13.7% behind NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-05.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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