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.

Analysis Scores

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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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.