Ekart Logistics
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Ekart Logistics - overview
Established
2009
Location
Bangalore, Karnataka, India
Primary Industry
Logistics & Distribution
About
Ekart Logistics is a leading provider of logistics and supply chain solutions, specializing in end-to-end fulfillment services for businesses across various sectors, ensuring efficient delivery and enhanced operational performance. Founded in 2009 in Bangalore, India, Ekart Logistics provides comprehensive logistics solutions. The company was established by a group of founders including Afsar Zaidi, Ankur Joshi, and Gaurav Dhingra. Shailendra Bramhane currently serves as CEO.
Ekart Logistics has evolved to enhance its service offerings and has grown its operational capacity to serve both Indian and international markets. Ekart Logistics specializes in providing comprehensive logistics and supply chain solutions tailored to meet the diverse needs of businesses across various industries. Their core offerings include end-to-end fulfillment services, which encompass warehousing, inventory management, and last-mile delivery. These services are designed to streamline the shipping process, enhance operational efficiency, and ensure timely delivery to end customers.
Ekart serves a wide client base, including e-commerce companies, retailers, and manufacturers, facilitating their logistics operations primarily within the Indian market, though they are also equipped to address the needs of international clients. The company’s focus is on delivering superior customer experiences and hassle-free logistics, which are critical for businesses looking to maintain a competitive edge in today’s fast-paced market. Ekart Logistics generates revenue through its comprehensive logistics services, structured around partnerships with retail and e-commerce companies. The firm operates under a B2B model, providing tailored logistics solutions to businesses that require efficient fulfillment and distribution processes.
In 2023, the company reported revenue of USD 1,593. 29 mn and an EBITDA of USD 119. 94 mn, deriving income from transaction-based fees associated with services such as warehousing, shipping, and delivery. The company also engages in long-term contracts with larger clients, ensuring stable revenue through ongoing partnerships.
Primary Industry
Logistics & Distribution
Sub Industries
Courier & Delivery Services, Logistics & Distribution
Website
www.ekartlogistics.com
Total Amount Raised
Subscriber access only
Ekart Logistics - timeline of key events
Ekart Logistics - financials
| Fiscal Year Ended | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 3,039,660,000 | 7,326,550,000 | 24,886,970,000 | 44,222,000,000 | 46,968,000,000 | 65,820,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | 141.0% | 239.7% | 77.7% | 6.2% | 40.1% | - | - | - |
| EBITDA (USD) | (7,649,650,000) | (13,893,870,000) | (3,766,210,000) | (1,819,000,000) | (10,461,000,000) | (11,503,000,000) | - | - | - |
| Operating Income (USD) | (8,052,740,000) | (14,635,510,000) | (4,308,600,000) | (3,551,000,000) | (15,800,000,000) | (18,414,000,000) | - | - | - |
| Operating Margin | (264.9%) | (199.8%) | (17.3%) | (8.0%) | (33.6%) | (28.0%) | - | - | - |
| % EBITDA Margin | (251.7%) | (189.6%) | (15.1%) | (4.1%) | (22.3%) | (17.5%) | - | - | - |
| NET Income (USD) | (8,106,920,000) | (15,320,880,000) | (5,001,210,000) | (2,936,000,000) | (15,657,000,000) | (19,095,000,000) | - | - | - |
| % Net Margin | (266.7%) | (209.1%) | (20.1%) | (6.6%) | (33.3%) | (29.0%) | - | - | - |
Ekart Logistics - employee data
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