- Udyam number
- UDYAM-TS-02-0079024

About Blue Water Logistics Limited
Data last updated:
Blue Water Logistics Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 22 August 2022.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN L63030TG2022PLC165815. Its GSTIN is 36AALCB0113D1ZB (Telangana). The company holds 10 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on NSE: BLUEWATER.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹11 Cr. It is led by directors including Lalit Panda (Managing Director) and Madhusmita Mohanty (Whole-Time Director).
Its last annual general meeting (AGM) was held on 31 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at H No.8 – 2 – 270/B/1/2 Block – 3 4th Floor Uptown Banjara Road No.3 Banjara Hills, Hyderabad, Telangana, India – 500034.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹386.02 Cr, a growth of 96.8% compared to the previous year. For the same year it recorded a net profit of ₹25.21 Cr (net margin 6.5%) and EBITDA of ₹44.01 Cr (EBITDA margin 11.4%). The net worth stands at ₹81.1 Cr (up 300.9% YoY). Total assets are valued at ₹188.95 Cr (up 231.7% YoY).
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Blue Water Logistics. As per MCA filings, the company has open charges of ₹296.77 Cr and satisfied charges of ₹37.56 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 6 cases are pending. The company has 2 deals on record (1 ipo, 1 secondary share transfer); the latest was in May 2025. Its 4 peer companies in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation) are compared by revenue, 3 larger and 1 smaller; the largest is United Freight Management Private Limited with revenue of ₹199.5 Cr.
Blue Water Logistics Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TS-02-0079024). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bwl.co.in.
Company details
CIN history
Blue Water Logistics has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L63030TG2022PLC165815, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L63030TG2022PLC165815 | Current |
| U63030TG2022PLC165815 | Previous |
| U63030TG2022PTC165815 | Previous |
Recognitions & Rankings of Blue Water Logistics
Contact details
Blue Water Logistics Limited's registered office is in Hyderabad, Telangana. Its website is bwl.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH No.8 – 2 – 270/B/1/2 Block – 3 4th Floor Uptown Banjara Road No.3 Banjara Hills, Hyderabad, Telangana, India – 500034
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Blue Water Logistics Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Blue Water Logistics operates one associated brand: Blue Water Logistics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multi-modal freight forwarding services are provided globally from India. | bwl.co.in |
Business activity
The main business activity of Blue Water Logistics is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Blue Water Logistics Limited, buy the company report.
Financials of Blue Water Logistics Limited
FY 2025-26 filings availableBlue Water Logistics Limited reported revenue of ₹386.02 Cr (up 96.8% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | 386 | 196 | 139 | 97.98 |
| Revenue growth | +96.8% | +41.5% | +41.5% | - |
| EBITDA | 44.01 | 18.81 | 10.49 | 3.82 |
| EBITDA margin | +11.4% | +9.6% | +7.6% | +3.9% |
| Profit before tax | 33.85 | 14.38 | 7.92 | 2.05 |
| Net profit | 25.21 | 10.70 | 5.92 | 1.53 |
| Net profit margin | +6.5% | +5.5% | +4.3% | +1.6% |
| EPS (₹) | 22.92 | 13.38 | 29.70 | 13.21 |
| Balance sheet | ||||
| Total assets | 189 | 56.96 | 26.81 | 22.44 |
| Net worth | 81.10 | 20.23 | 9.48 | 3.54 |
| Total debt | 108 | 36.73 | 17.22 | 18.80 |
| Cash & bank | 15.68 | 0.78 | 1.61 | 2.40 |
| Net working capital | 150 | 46.29 | 23.12 | 19.77 |
| Cash flow | ||||
| Cash from operations | (53.43) | (8.73) | 4.23 | (14.15) |
| Cash from investing | (33.48) | (8.48) | (1.76) | (2.92) |
| Cash from financing | 102 | 16.67 | (3.26) | 19.46 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | 211 | 135 | 112 | 87.42 | 50.85 | 52.53 | 62.36 |
| Revenue growth (YoY) | +315.4% | +157.7% | +80.2% | - | - | - | - |
| Other income | 0.12 | 0.14 | 0.11 | 0.07 | 0.00 | 0.05 | 0.01 |
| Total expenses | 188 | 120 | 99.40 | 78.38 | 44.29 | 45.30 | 57.15 |
| EBITDA | 23.58 | 15.40 | 12.97 | 9.04 | 6.56 | 7.23 | 5.21 |
| EBITDA margin | +11.2% | +11.4% | +11.5% | +10.3% | +12.9% | +13.8% | +8.4% |
| Depreciation | 2.10 | 1.18 | 1.94 | 1.42 | 1.21 | 0.67 | 0.39 |
| Interest | 2.87 | 2.07 | 1.15 | 0.75 | 0.72 | 0.90 | 0.78 |
| Profit before tax | 18.73 | 12.29 | 9.99 | 6.94 | 4.63 | 5.71 | 4.05 |
| Tax | 4.77 | 3.11 | 2.61 | 1.84 | 1.09 | 1.36 | 1.04 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | 211 | 135 | 112 | 87.42 | 50.85 | 52.53 | 62.36 |
| Revenue growth (YoY) | +315.4% | +157.7% | +80.2% | - | - | - | - |
| Other income | 0.12 | 0.14 | 0.11 | 0.07 | 0.00 | 0.05 | 0.01 |
| Total expenses | 188 | 120 | 99.40 | 78.38 | 44.29 | 45.30 | 57.15 |
| EBITDA | 23.58 | 15.40 | 12.97 | 9.04 | 6.56 | 7.23 | 5.21 |
| EBITDA margin | +11.2% | +11.4% | +11.5% | +10.3% | +12.9% | +13.8% | +8.4% |
| Depreciation | 2.10 | 1.18 | 1.94 | 1.42 | 1.21 | 0.67 | 0.39 |
| Interest | 2.87 | 2.07 | 1.15 | 0.75 | 0.72 | 0.90 | 0.78 |
| Profit before tax | 18.73 | 12.29 | 9.99 | 6.94 | 4.63 | 5.71 | 4.05 |
| Tax | 4.77 | 3.11 | 2.61 | 1.84 | 1.09 | 1.36 | 1.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Revenue | 386 | 196 | 139 | 97.98 |
| Revenue growth | +96.8% | +41.5% | +41.5% | - |
| Other income | 0.31 | 0.11 | 0.07 | 0.09 |
| Total expenses | 342 | 177 | 128 | 94.16 |
| Employee cost | 10.58 | 3.81 | 3.52 | 2.19 |
| EBITDA | 44.01 | 18.81 | 10.49 | 3.82 |
| EBITDA margin | +11.4% | +9.6% | +7.6% | +3.9% |
| Depreciation | 5.75 | 1.68 | 0.96 | 0.51 |
| Interest | 4.72 | 2.86 | 1.68 | 1.35 |
| Profit before tax | 33.85 | 14.38 | 7.92 | 2.05 |
| Tax | 8.64 | 3.68 | 2.00 | 0.52 |
| Net profit | 25.21 | 10.70 | 5.92 | 1.53 |
| Net profit margin | +6.5% | +5.5% | +4.3% | +1.6% |
| EPS (₹) | 22.92 | 13.38 | 29.70 | 13.21 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Equity & liabilities | ||||
| Share capital | 11.00 | 8.00 | 2.00 | 2.00 |
| Reserves & surplus | 70.10 | 12.23 | 7.48 | 1.54 |
| Shareholders' funds (net worth) | 81.10 | 20.23 | 9.48 | 3.54 |
| Secured loans | 96.28 | 27.85 | 4.85 | 0.40 |
| Unsecured loans | 11.25 | 8.88 | 12.37 | 18.40 |
| Total debt | 108 | 36.73 | 17.22 | 18.80 |
| Total liabilities | 189 | 56.96 | 26.81 | 22.44 |
| Assets | ||||
| Gross block | 36.32 | 9.38 | 5.10 | 3.33 |
| Net block | 27.42 | 6.23 | 3.30 | 2.49 |
| Capital work in progress | 6.59 | 0.74 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 141 | 45.15 | 26.47 | 19.91 |
| Cash & bank balances | 15.68 | 0.78 | 1.61 | 2.40 |
| Loans & advances | 39.01 | 19.57 | 10.35 | 4.30 |
| Total current assets | 196 | 65.50 | 38.43 | 26.61 |
| Total current liabilities | 46.22 | 19.21 | 15.31 | 6.84 |
| Net working capital | 150 | 46.29 | 23.12 | 19.77 |
| Total assets | 189 | 56.96 | 26.81 | 22.44 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Opening cash | 0.78 | 1.33 | 2.40 | 0.00 |
| Net cash from operating activities | (53.43) | (8.73) | 4.23 | (14.15) |
| Net cash from investing activities | (33.48) | (8.48) | (1.76) | (2.92) |
| Net cash from financing activities | 102 | 16.67 | (3.26) | 19.46 |
| Net change in cash | 14.90 | (0.54) | (0.78) | 2.40 |
| Closing cash | 15.68 | 0.78 | 1.61 | 2.40 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Growth | ||||
| Sales growth | +96.8% | +41.5% | +41.5% | - |
| EBITDA growth | +134.0% | +79.3% | +174.6% | - |
| PBT growth | +135.4% | +81.6% | +125.4% | +9997.0% |
| Net income growth | +135.6% | +80.7% | +286.9% | - |
| Revenue CAGR (3Y) | +57.9% | - | - | - |
| EBITDA CAGR (3Y) | +125.9% | - | - | - |
| Profitability & leverage | ||||
| Net income margin | +6.5% | +5.5% | +4.3% | +1.6% |
| Return on capital employed | +31.4% | +41.2% | +39.1% | +26.1% |
| Return on net worth | +49.8% | +72.1% | +91.2% | +74.6% |
| Debt / equity | 1.42 | 1.82 | 2.77 | 5.31 |
| Long-term debt / equity | 0.39 | 0.67 | 0.96 | 1.82 |
| Interest cover | 12.34 | 16.70 | 17.63 | 40.79 |
| Efficiency & per share | ||||
| Fixed asset turnover | 16.89 | 27.10 | 32.90 | 50.44 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 4.14 | 5.48 | 5.98 | 8.44 |
| EPS (₹) | 22.92 | 13.38 | 29.70 | 13.21 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 73.72 | 25.28 | 47.41 | 17.70 |
To see the full year-wise statements and ratios of Blue Water Logistics Limited, buy the company report.
Board of directors of Blue Water Logistics Limited
Blue Water Logistics has 7 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Supriya Mishra Also directs: BWL Express Cargo Limited | Director | 22 Aug 2022 | 4 Years 2 Months | Current |
| Madhusmita Mohanty Also directs: BWL Express Cargo Limited | Whole-Time Director | 22 Aug 2022 | 4 Years 2 Months | Current |
| Nikhar Ami Agarwal Also directs: Phix Technologies India Private Limited | Director | 06 Dec 2024 | 1 Years 10 Months | Current |
| Falguniben Khodabhai Prajapati Also directs: Prizor Viztech Limited, Nanta Tech Limited | Director | 25 Jul 2024 | 2 Years 3 Months | Current |
| Laxmi Narayan Mishra Also directs: BWL Express Cargo Limited | Whole-Time Director | 08 Apr 2024 | 2 Years 6 Months | Current |
| Lalit Panda Also directs: BWL Express Cargo Limited | Managing Director | 08 Apr 2024 | 2 Years 6 Months | Current |
Peer comparison
Blue Water Logistics Limited is compared with the 4 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Blue Water Logistics Limitedthis company | ₹386.02 Cr (FY 2026) | ₹25.21 Cr | 6.5% | 96.8% | 37 | Hyderabad, Telangana, India |
| United Freight Management Private Limited | ₹199.5 Cr (FY 2025) | 65.0% | Mumbai, Maharashtra, India | |||
| Ryder Shipping Lines Private Limited | ₹197.33 Cr (FY 2025) | 65.0% | Navi Mumbai, Maharashtra, India | |||
| C.P. World Lines Private Limited | ₹196.48 Cr (FY 2025) | 42.0% | New Delhi, Delhi, India | |||
| J H Logistics Private Limited | ₹193.72 Cr (FY 2025) | 59.0% | New Delhi, Delhi, India |
To see the full peer comparison of Blue Water Logistics Limited, buy the company report.
Auditor
Blue Water Logistics Limited is audited by S S N MURTHY & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S N MURTHY & CO | FY 2024 | 002818S |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 69.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 5.20% and retail and other public shareholders hold 25.30%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 69.60% | 69.60% | 69.60% | 69.60% |
| Public | 30.40% | 30.40% | 30.40% | 30.40% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 2026 | 101393419 | Others | ₹3.38 Cr | Open | |
| 28 Aug 2026 | 101378349 | Others | ₹49 Cr | Open | |
| 07 Aug 2026 | 101370134 | Others | ₹42 Cr | Open | |
| 07 Aug 2026 | 101388231 | Hdfc Bank Limited | ₹40 Cr | Open | |
| 31 Jul 2026 | 101395151 | Axis Bank Limited | ₹2.53 Cr | Open |
To see the full charge records of Blue Water Logistics Limited, buy the company report.
Total charge records: 28 View all charges
Deals & funding
Blue Water Logistics Limited has 2 deals on record (1 ipo, 1 secondary share transfer); the latest was in May 2025.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2025 | IPO | ₹40.5 Cr | Investors: IPO Shareholders - Blue Water Logistics Limited, India Equity Fund 1, Craft Emerging Market Fund Pcc - Elite Capital Fund |
| Jan 2025 | Secondary share transfer | Undisclosed | Buyer: Trans Media Private Limited, 3 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Blue Water Logistics Limited has 7 court cases on record: 5 filed by Blue Water Logistics, 2 filed against it. 6 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 4 |
| High courts | 3 | 2 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Court case (COS) | Filed by the company against KN Oceans Pvt Ltd | Pending |
| District court, Hyderabad CCC, Telangana | Court case (COS) | Filed by the company against Prathista Industries Limited | Pending |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against Viva Interiors Private Limited | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against Prathista Industries Limited, Rep.By Venkata Satya Sarweswara Sai Ram Machiraju | Pending |
| High Court for State of Telangana | Court case (CRLRC) | Filed by the company against Prathista Industries Limited and 1 other | Disposed |
To see the full case history of Blue Water Logistics Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Blue Water Logistics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Blue Water Logistics Limited has a workforce of 37 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Blue Water Logistics has 10 GST registrations: 10 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AALCB0113D1ZB | Telangana | Active | 15 Oct 2022 |
| 36AALCB0113D2ZA | Telangana | Active | 01 Jul 2025 |
| 07AALCB0113D1ZC | Delhi | Active | 04 Feb 2025 |
| 08AALCB0113D1ZA | Rajasthan | Active | 06 Feb 2025 |
To see the full GST registrations and return filing status of Blue Water Logistics Limited, buy the company report.
Recent activity
Blue Water Logistics Limited has 15 board changes on record since 2022: 8 appointments and 7 cessations. The latest: Krishan Kumar Jaisansariya was appointed as Additional Director on 16 Sep 2026.
39 earlier events are in the company report.
News
Frequently asked questions
Blue Water Logistics is an active public limited company based in Hyderabad, Telangana, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 22 August 2022 (4+ years old) and is registered under CIN L63030TG2022PLC165815. Listed on NSE: BLUEWATER.
Blue Water Logistics reported revenue of ₹386.02 Cr for FY 2025-26 (up 96.8% YoY) based on standalone financials.
Blue Water Logistics has 7 current directors:
- Lalit Panda - Managing Director
- Madhusmita Mohanty - Whole-Time Director
- Laxmi Narayan Mishra - Whole-Time Director
- Supriya Mishra - Director
- Nikhar Ami Agarwal - Director
- Falguniben Khodabhai Prajapati - Director
- Krishan Kumar Jaisansariya - Additional Director
The latest financial statements of Blue Water Logistics on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 31 July 2026. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Blue Water Logistics is 36AALCB0113D1ZB, registered in Telangana. The company has 10 GST registrations in all, of which 10 are active. Other active GSTINs include 36AALCB0113D2ZA (Telangana), 07AALCB0113D1ZC (Delhi), 08AALCB0113D1ZA (Rajasthan).
The CIN (Corporate Identification Number) of Blue Water Logistics is L63030TG2022PLC165815. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Blue Water Logistics is a listed company as per MCA records. Its shares are listed on NSE (symbol: BLUEWATER).
Blue Water Logistics has 7 court cases on record: 5 filed by the company and 2 filed against it. 6 are pending. Most are in the district courts.
Blue Water Logistics was incorporated on 22 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Hyderabad.
Blue Water Logistics has 2 deals on record (1 ipo, 1 secondary share transfer); the latest was in May 2025.
The peers of Blue Water Logistics by revenue are United Freight Management Private Limited, Ryder Shipping Lines Private Limited, C.P. World Lines Private Limited, J H Logistics Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).