Gangavaram Port Limited

Gangavaram Port Limited, based in India, operates a major port facility providing comprehensive cargo handling services, focusing on bulk and liquid cargo operations, facilitating trade and logistics for various industries. Gangavaram Port Limited, founded in 2003, is a significant player in port operations located in Hyderabad, India. The company was part of a Trade Sale transaction in March 2021, where Adani Group acquired an 89. 6% controlling stake for INR 36040 mn.

This acquisition is aimed at expanding the company's operations into Eastern, Central, and Southern India. The founder's information is not specified, and the company has completed a total of 2 deals with the most recent deal date being March 3, 2021. Gangavaram Port primarily offers port and cargo handling services, focusing on bulk and liquid cargo operations. The company provides solutions for importing and exporting goods, catering to industries such as steel, cement, and agriculture.

Their services facilitate efficient logistics, ensuring smooth operations from shipment arrival to dispatch. End users include multinational corporations and local businesses requiring reliable transportation and logistics solutions for their goods, with a presence in key markets across Southeast Asia, the Middle East, and parts of Europe. For the year 2022, Gangavaram Port reported a revenue of INR 161,877,113. 4 and an EBITDA of INR 107,965,660.

5. The revenue is primarily derived from transactional fees associated with port operations and logistics services. The company engages in direct business-to-business transactions, providing tailored services based on shipping needs, typically through contracts that dictate pricing based on cargo volume and type. These contracts ensure a steady revenue stream and include specialized services for various cargo types, enhancing the company's value proposition.

Following the recent acquisition by Adani Group, which is expected to be completed in September 2021, Gangavaram Port plans to leverage the new investment to expand its reach into new hinterland markets across Eastern, Central, and Southern India. This strategic move aims to enhance operational capacity and market presence. The funding from the Trade Sale transaction, amounting to INR 36,040 mn, will support these growth initiatives as the company seeks to broaden its services and product offerings in response to market demands.