NSEMonthly Business Updates24 Oct 2026 · 24 Oct 2026, 08:12 pm
Monthly Business Updates
Ritco Logistics Limited · RITCO
✦ AI Summary▲ PositiveOrder Win
Ritco Logistics Limited has informed the Exchange regarding Monthly Business Updates for the month of September 2026, securing new business worth approximately ₹119.55 crore across a diverse portfolio of customers and transportation requirements.
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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Ritco Logistics Limited has informed the Exchange regarding Monthly Business Updates for the month of September 2026
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RITCO_24102026201037_RITCO_Business_Updates_Sep_26.pdf
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Ritco Logistics Limited
October 24th, 2026
To, To,
The Manager The General Manager
Listing Department Department of Corporate Services
National Stock Exchange of India Ltd. Bombay Stock Exchange Limited
Exchange Plaza, Plot No. C-1, G Block, 1st Floor, New Trading Ring, Rotunda
Bandra- Kurla Complex, Bandra (East) Building, Phiroze Jeejeebhoy Towers
Mumbai-400051 Dalal Street, Mumbai-400001
NSE SYMBOL: RITCO BSE Scrip Code: 542383
Subject: Monthly Business Updates
Dear Sir/Madam,
With reference to the above mentioned subject, kindly find the Monthly Business Updates enclosed
herewith as Annexure-I
We request you to kindly take the same on record.
Thanking You,
Yours Sincerely,
For Ritco Logistics Limited
Gitika Arora
Company Secretary and Compliance Officer
Corp. & Admin. Office : “RITCO HOUSE” 336, Phase-II, Udyog Vihar, Gurugram - 122016, Haryana
Ph. : 0124-4702300/301 E-mail : ho@ritcologistics.com CIN No. : L60221DL2001PLC112167
Regd. Office : 508, 5th Floor, Jyoti Shikhar Tower, District Centre, Janakpuri, New Delhi-110058 Ph.: 011-25522158
www.ritcologistics.com
Monthly Business
Update (Annexure I)
Monthly Business Update (Annexure I)
Ritco Logistics Ltd. Secures New Business Worth ₹119.55 Crore in September 2026,
Led by Major BCPL and HRRL Contracts
Ritco Logistics Ltd., one of India's leading integrated logistics and supply chain solutions providers,
continued its business momentum during September 2026 by securing new business worth
approximately ₹119.55 crore across a diverse portfolio of customers and transportation
requirements.
The new business includes major three-year contracts from BCPL and HRRL, along with
transportation assignments from industries including Battery and Power Backup, Glass, Ceramic
Material and Paper.
The order inflow further strengthens Ritco's portfolio of long-duration transportation contracts and
adds business across multiple industrial segments and routes.
Transportation Vertical – Key Contract Wins
BCPL, Dibrugarh – Major Long-Term Contract | ₹73.67 Crore
Ritco Logistics secured a three-year transportation contract from BCPL (Brahmaputra Cracker and
Polymer Limited), Dibrugarh valued at approximately ₹73.67 crore.
The contract covers transportation from Lapetkata to various destinations.
The sizeable long-term engagement represents the largest business win during September and
strengthens Ritco's portfolio of long-duration transportation contracts.
HRRL Barmer – Major Long-Term Contract | ₹35.34 Crore
Ritco secured a three-year transportation contract from HRRL Barmer (HPCL Rajasthan Refinery
Limited) valued at approximately ₹35.34 crore. This is in addition to the earlier work order of ₹334
Crore
The contract covers transportation from Pachpadra to various destinations.
The contract further strengthens Ritco's relationship with a leading player in the energy and
petroleum sector and adds substantial revenue visibility to the Company's transportation
business.
Other Strategic Business Wins:
Ritco also secured transportation contracts across a range of customers and routes during September
2026:
Battery and Power Backup – One-year transportation contract from Ambala to various
destinations.
Paper and Packaging – Eleven-month transportation contract covering Rayagada and Raipur to
various destinations.
Glass – Three-month transportation contract from Keshwana, Rajasthan to various destinations.
Ceramic Material – One-month transportation contract from Vizag to Dhanbad.
Sustained Growth & Outlook:
The business inflow during September 2026 marks another important addition to Ritco Logistics'
growth journey. The combination of sizeable long-term contracts and business wins across multiple
customers demonstrates the Company's ability to leverage its transportation capabilities and
customer relationships to create sustainable business opportunities.
The significant BCPL and HPCL contracts, together with continued business from customers across
different industrial and transportation segments, provide additional revenue visibility and further
diversify the Company's business portfolio.
Ritco Logistics remains focused on expanding its presence across key industrial sectors, strengthening
long-term customer partnerships and building a diversified, technology-enabled logistics enterprise
capable of delivering reliable and efficient transportation solutions across India.
Information Technology:
1. Vulnerability & Patch Management Enhancement: Vulnerability and patch management
practices have been strengthened to reduce exposure to known security risks across critical
technology assets.
2. Identity & Access Management Enhancement: Identity and access management controls have
been strengthened to ensure appropriate access to critical systems and business information.
3. Security Monitoring & Incident Response Enhancement: Security monitoring and incident
response capabilities have been enhanced to improve detection, escalation and response to
cybersecurity events.
4. Backup & Disaster Recovery Enhancement: Backup and disaster recovery capabilities have
been strengthened to improve the availability and recoverability of critical systems and business
information.
Ritco Logistics Limited’s step down subsidiary Trucksup Solution Private Limited Key
Updates:
1. FASTag – TrucksUp issued approximately 9,926 FASTags during the month of September, with a
GMV of approximately ₹54 Crore. FASTag continues to see steady demand from fleet operators,
and the GMV shows that they are increasingly using TrucksUp to manage and consolidate their
toll payments in one place.
2. Vehicle Financing – The platform recorded total vehicle financing disbursements of
approximately ₹3.78 Crore during the month of September. This reflects the continued adoption
of TrucksUp's financing solutions by fleet operators for their vehicle funding requirements.
3. Smart Fuel – Smart Fuel recorded approximately 419 KL of fuelling with the activation. The
fuelling volumes reflect steady utilisation of the platform for fleet fuel requirements and
continued movement of fuel spends onto TrucksUp.
4. GPS – GPS generated a revenue of ₹49.05 Lakh during the month of September. GPS continues
to contribute meaningfully to the platform's revenue mix and is emerging as a promising
technology-led revenue stream.
5. Subscription – TrucksUp generated a total subscription revenue of approximately ₹80.07 lacs
during the month of September.
6. Truck Supplier Onboarding – A total of 15,918 Truck Suppliers were on boarded on the TrucksUp
platform during the month.