Supply chain management for Indian companies has been extremely important in having incremental business, which has strongly benefited from the growing presence of logistics companies. In India, there are several local as well as global logistics players, who serve worldwide. Some of the top logistics companies in India are DHL, Fedex, UPS, Bluedart etc. Here is the list of the top 10 logistics companies in India 2017 as per revenue, profit.
Quick Glance at Top Logistics Companies India 2017
1st place: DHL
2nd place: United parcel service (UPS)
3rd place: FedEx
4th place: Container Corp
5th place: Bluedart
6th place: Transport Corp
7th place: Gati
8th place: All Cargo Logistics
9th place: Safexpress
10th place: Aegis Logistics
For more details about rankings and parameters, read on.
Logistics India 2017 Ranking with Parameters (Revenue, Profit):
10. Aegis Logistics
Incorporated in the year 1956, Aegis trades on both BSE and NSE and is India’s leading oil, gas and chemical logistic company.
Image: company website
It is a Indian company with its corporate office located in Mumbai, and the group also operates internationally with its subsidiaries located in Singapore. The group today has 5 distinct business segments namely liquid logistics that is into handling of export and import of hazardous chemicals, petroleum products and petrochemicals. Next is the gas logistics where they are leader in shipping and distributing LPG gas and this segment expects to grow as the demand for energy increases. The third one is the EPC services engineering, procurement and construction services providing third party solutions to the clients. The fourth segment is retail LPG and the fifth is the marine to provide quality bunker fuels to the ships while maintaining high standard quality.
When it comes to CSR activities Aegis has been the sponsor of ANaRDe which has been established to eradicate poverty in rural areas. It conducts various programs for skill training, empowerment of women, entrepreneurship development, programs with banks to promote inclusion of villages into financial sector and many others.
Aegis policies are built on the HSE standards (Health, Safety and Environment) delivering superior services. They also celebrate environment day every year on June 5 and promote the thought of reduce, recycle and reuse in the mindset of the people and their practices and try to follow the best industry practices in their implementation.
Revenue: 101928 lakh rupees
Profit: 6532 lakh rupees
9. Safexpress
Started the journey year in 1997 with the mission to deliver excellence in logistics and achieve success, today it has entrenched itself as knowledge leader and market leader of supply chain solutions in India.
Image: company website
In the ninth position is Safexpress, reaching a great position in short time earning nearly INR 8500 million revenues per annum. Safexpress offers wide range of services which include from services to individuals to enterprise, express distribution, 3PL and inventory management and supply chain consulting. Under individual services it has special offerings in the name of campus2home for graduating students, easy2move, sainik express-to help Indian defense personnel carry their baggage safely and safe returns to cater the needs of those participating in exhibitions. The vision of the company is to revolutionize supply chain and logistic industry and contribute to the growth of the economy. Its mission reflects the we can and we will attitude to overcome all the obstacles proactively and create delight to their customers by their personalised services. The company’s value lies in their culture of respect (relationship, evolve, self disciplined, explore, custodian and talk), they strive to evolve from effort based to result based organisation, take the pride in what they do and self disciplined to take up the ownership and accountability in the work they do.
They also have safexpress foundation through which they fulfil their social and environmental commitments. They work in the areas of education, health care, community development, skill development, and disaster relief to contribute towards the social upliftment of the communities across India. Safexpress has garnered more than 210 prestigious awards and accolades for providing unparalleled logistics services and outshine in the industry.
Revenue: 10452.81 million rupees
Profit: 605 million rupes
8. All Cargo Logistics limited
Part of the Avvashya group, All cargo logistics limited is a private multimodal logistics company established in the year 1993 with its headquarter at Mumbai India currently employing more than 8000 plus people.
Image: company website
They have a strong network of 300 + offices across 160 plus countries worldwide creating benchmarks in quality services and value for its stakeholders. They believe logistics is an opportunity to create solutions that can empower the business globally that has always made them challenge their limits rather than limiting their challenges to make it happen. They have the strong vision to be known for pioneering the solutions in the industry of logistics worldwide. With this vision in mind they set their mission to inspire leadership, creativity and initiativeness to nurture long term relationship with the customers by building trust and by delivering promises by creating benchmarks. Benchmarking in quality, consistency, knowledge, technology and commitment.
The company’s ethics and values revolve around trust, integrity, and team spirit, leadership, passion for excellence and respect for individuals, transparency and openness providing equal opportunities for all. Their ways of giving back goes beyond philanthropy making not just the world better but also making it better for good. The key areas of focus of this program are environment, education, empowering women, disaster relief, health care, sports to create a lasting difference for someone who needs the guidance.
Ingenuity rooted in their services has bought them awards year after year, award for best risk management practices, logistics super brand of the year, SHE awards by CII for safety, health and environment and 100 others for exhibiting professional excellence and stepping ahead with consistency and commitment.
Revenue: 1148.45 crore
Profit: 103.77 crore
7. Gati
Gati which reflects speed with direction is coined from Sanskrit literature stands for truth in the way of its operations.
Image: company website
It was established in 1989 with the business model which was based on Business partner concept where the company didn’t own its own vehicles. It gave rise to a bunch of entrepreneurs who became the Gati associates and became their independent business partners. It started it operations between Madras and Madurai and today it has it strong presence in Asia Pacific and SAARC nations and within the country boundaries it covers 672 out of 676 districts with 19000 pincodes. It has 6000 plus young workforce with 608 offices and 4000 plus business partners. Its multimodal network of air, road and rail helps it to serve customised services across industries.
With the vision to become the leader in Asia pacific region and become the globally preferred provider, Gati has diversified into several segments to be the best in logistics. Few of its segments include express distribution, supply chain solutions, e-connect, international services, cold chain solutions and special services like student express for students to provide services at discounted rates and many others. Its values are built to provide services beyond customer’s expectation which include their attitude, behaviour, action and delivery promise to provide elegant offerings and care for the need of the customers like precious pearls.
In the year 2016 it has won the best express service provider of the year, best 3PL Company of the year, cold chain warehouse of the year, cold chain transporter of the year and many others for its excellent business practices. Gati has also set an ambitious 2020 target to deliver one million packages everyday with zero damages and delays and look for an exciting future ahead.
Revenue: 169442 lakhs
Profit: 3983 lakhs
6. Transport Corp
Established in the year 1958 Transport corporation of India Limited is a multimodal logistic and supply chain solution provider with it’s headquarter at Gurgoan Haryana India.
Image: company website
It has been setting new benchmarks and contributing in moving the India GDP by 2.5% by value. Started as a one man one truck company it has made it presence felt globally with 1400 offices and dedicated workforce of more than 6000 people. With three main business divisions of TCI freight, TCI supply chain solutions and TCI seaways they are leading the way to provide customised solutions across 208 countries and trying to be reason for economic and social change. The vision of the company is to satisfy the aspirations of its society, customers, and vendors by being customer centric, multi specialist in Indian and international market with the commitment to excellence. They believe that their brand is a living entity and live for the customer and with the customer. They follow “CORE” values which stand for customer, ownership- to work with passion and take the feeling of belongingness towards the company, responsiveness- towards customer and align it with every aspect of business and the last one empathy – to enable a working environment which is respectful for all.
With the motto of equality and better life for all, Transport Corp has been very active in CSR by coming up with new schools in remote places, to protect the environment going green and using 3 R’s(Reduction Recycle and reuse) as their guiding path . They have also provided relief camp during earthquakes, conducts health programs and many other activities to become socially responsible firm.
It has several big awards in its name like warehousing excellence award in manufacturing sector, award for best supply chain technology advancement, award for retail excellence for excellent retail and many more for their industry leadership and operational excellence.
Revenue: 192664 lakhs
Profit: 7584 lakhs
5. Blue dart
Acquired by DHL, blue dart continues to operate under separate brand name located in more than 35000 locations across 220 nations worldwide.
Image: Wikimedia
They are premier courier and package-distribution company incorporated in the year 1991 as a private limited organisation. They have their head office located at Mumbai in India. Blue Dart has the vision to excel continuously in delivery capabilities focussing on individual customer and in order to deliver sustainable quality service Blue Dart today has employed state of art technology for tracking and tracing. The blue dart aviation supports their time definite morning deliveries through their dedicated flight operations capacity. It has successfully established warehouses in 85 locations across the country and 7 bonded warehouses in major metro cities. The firm believes that it has the competitive advantage over others through their vast and unparalleled domestic network and their ability to provide customized services through their spectrum of services. They feel their air network is one of its kinds in the country and that their people are their valuable asset. Strong 10804 with the winning attitude have been responsible for their company’s success. It has several recognitions in its name .It has been voted as the super brand for nine consecutive years and also has been ranked 17th in the list of top 50 Indian places to work for in 2016. It also has the most trusted brand label to its name.
Blue dart has been known for its heavy investment in technology infrastructure to provide differentiated solutions. Their customer service cell has been equipped with automated distribution system (ADS) to provide quick response and support to its customers and the only Indian express way to have developed COSMAT II to track all their consignments.
With this blue dart continues to deliver value to its stakeholders through its people philosophy and focus to expand the market share to gain premium position in Indian market.
Revenue: 263430 lakhs
Profit: 15554 lakhs
4. Container Corp
Striving to become the customer’s first choice when it comes to logistics, Container Corp was established in the year 1988 under companies act under the Indian Ministry of Railways.
Image: company website
It started its operation in November 1989 after taking the 7 inland container depot (ICD) form India Railways. From a humble beginning, today it’s grown into a vast network of 68 ICD’s committed to provide cost effective and efficient logistics solutions with customer focused, result driven firm believing in providing value for money to its customers. To be recognized for its outstanding quality services the mission of the company is to provide responsive solutions ensuring growth and profitability. It is committed to its social responsibility to prove the worthy of the trust from its customers. It sets aside its corporate objective as, to follow high standards and main integrity, honesty, transparency and fair play in all its businesses and maintain high ethics to turn into a responsible corporate entity.
Container Corp is well known for its HR policy whose philosophy is rooted in growth and development of its employees revealing their potential, encouraging innovation and fair distribution of rewards. The HR policies are in alignment with business objectives with providing equal importance on individual and organization goals. It has also bagged several awards and accolades for its best practices which include Amity best HR practices award HR leadership award, most powerful HR professionals of India and many others to the list.
Today it has expanded from inland transport through rail to ports and air cargo growing to access the untapped potential areas and create potential for future growth.
Revenue: 5472.28 crore
Profit: 663.31cror
3. FedEx
With unmatched transportation infrastructure and air routes supported by leading cutting edge technology, FedEx has become the most reliable service provided shipping 3.6 million shipments each working day.
Image: pixabay
Established in the year 1973, Memphis Tennessee United states, the company is well known for its overnight shipment and pioneering real time tracking of the package location. In the year 1983, it became the first US business to have earned revenue of US 1 billion dollars without mergers and acquisition. From there it went on acquiring companies expanding its global presence. Today it is recognized as one of the top 20 super brands in UK, awarded first place in Supply chain integrity innovator of the year and a great place to work.
FedEx connects the world by five regions outside US, which include Indian Subcontinent and Africa, Canada, Asia Pacific, Europe, Middle East and Latin America, Caribbean. They serve across more than 220 nations across these regions. It believes that with their services spread across so many nations it’s their responsibility to deliver those resources that improve the lives they have touched. Through FedEx foundation they help in transportation in disaster times and ensure road and pedestrians safety along with connecting the world responsibly. Also through E smart initiative they are taking steps towards sustainable business operations and are moving forward to make difference beyond the way of their business practices through steps like e-waste recycling drives and community clean-up projects so that these provide tangible benefits to environment , its customers, team members and the business as whole.
Revenue: $57.6 billion Dollars
Profit: $1.9 billion Dollars
2. United Parcel Service (UPS)
Traded under NYSE, UPS is yet another largest package delivery company established in the year 1907 in Seattle Washington United states.
Image: Wikimedia
Today the global logistics company is headquartered in Sandy Springs Georgia United States, in India it has its head office located in Mumbai. It was established in those years when there was need for private messenger and delivery services in America. James Casey the founder of UPS borrowed few dollars from his friend and established this company in Seattle. There after it expanded its scope significantly and it had acquired more than 40 companies few of which are industry leader in trucking, airfreight etc. It is also known for operating its own airlines and air cargo delivery services.
The work culture is built on the philosophy of going extra miles makes the world better. With this it encourages it employees to drive their passion for innovation and take the pride in doing what they are best at which is rewarded at every level. This makes UPSers hardworking, entrepreneur and collaborative. The high lightening part of their culture is how they give their employees the liberty to have work life balance which makes its workers deliver each package and business solutions exceeding the customer expectations. The enterprise strategy to create value, transform and invest to grow by increasing the value delivered to its customers, which thereby helps to transform by strengthening their leadership position and accelerate growth to increase market share.
Their commitment to technology to have right tools for every assignment makes them deliver 50 million packages every day. And their passion for logistics has shown in everything they do taking several awards and accolades for the work they do. They have won fortune most admired company to most ethical company awards. It has also been recognised as world’s top 50 innovative companies of the world and so on getting recognized for going extra mile every time.
Revenue: $60906 Million Dollars
Profit: $3431 Million Dollars
1. DHL
Established in the year 1969 in United States DHL today has expanded its services throughout the world.
Image: Wikimedia
With global presence in more than 220 nations and workforce exceeding more than 3,50,000 employees giving solutions to infinite number of logistics requirements, it is one of the largest companies. DHL today is the leader in postal and logistics services encompassing the business units: DHL parcel, DHL Global Forwarding, DHL Freight, DHL Express, DHL ecommerce and DHL supply chain focussing logistics as their core business. In India, it has its head office located in Mumbai with the aim to connect people and improve their lives. With the vision to be the logistics company of the world, not just in terms of global presence but beyond their ability to provide unique logistics solutions, from managing the complexity of supply chains and everything in between to deliver excellence day in and day out and making life simpler for its customers, employees, investors and the society and make world a better place to live.
With this vision they have their strategy 2020 to focus- connect- grow. Focusing on what made them successful, from considering logistics as their main business to sticking to their commitments. Connecting across their organization to share the expertise available across entire workforce and grow into new market segments which has the potential to gain more market share and gain more success.
DHL has also several awards in its name bagging best customer award year on year in various operating nations. When it comes to giving back to the society, CSR has been the integral part of their strategy, Living Responsibility as the motto. The strategies include go green, go help and go teach to become the benchmark for responsible business. With continuous encouragement to its employees to broaden their horizon and fulfil their potential to make a global difference, today DHL is the world’s leading logistics company providing diverse opportunities.
Revenue: 57334 million euros
Profit: 2639 million euros
Rank Methodology:
To arrive at this list following methodology was used
Step 1: Top 20 companies were shortlisted based on their sales and revenue
Step 2: 3 Parameters Revenues, Profits were scaled using Min-Max Normalization
Step 3: Normalized values were weighted with 50% Revenue, 50% Net income
Step 4: Based on the values, ranking was done.
Step 5: When Q4 results were not available, the results of previous financial year was considered for calculation