NSEMonthly Business Updates1d ago · 20 Jul 2026, 08:41 pm
Monthly Business Updates
Ritco Logistics Limited · RITCO
✦ AI Summary▲ PositiveOrder Win
Ritco Logistics Limited has secured new business worth over ₹75 crore across its Transportation, Fly Ash Logistics and 3PL & Warehousing business verticals, strengthening its leadership in these sectors.
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Governance Concern1/10
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Full Announcement
Ritco Logistics Limited has informed the Exchange regarding Monthly Business Updates for the month of June 2026
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Ritco Logistics Limited
July 20th, 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 Over ₹75 Crore, Strengthening
Leadership Across Transportation, Fly Ash Logistics and 3PL & Warehousing
Ritco Logistics Ltd., one of India's leading integrated logistics and supply chain solutions providers,
continued its strong growth momentum by securing new business worth over ₹75 crore across its
Transportation, Fly Ash Logistics and 3PL & Warehousing business verticals.
The new business reflects Ritco's continued focus on expanding long-term customer partnerships,
diversifying its service portfolio, and strengthening its position as an end-to-end logistics solutions
provider serving key industrial sectors across India.
Transportation Vertical – Key Contract Wins
Polymer & Petrochemical Segment – Major Contribution (~₹24 Crore)
Secured a significant one-year transportation contract worth approximately ₹23.95 crore
from OPAL, covering movements from Gujarat to East, North-1, North-3 and South-3 regions.
The contract reinforces Ritco's strong position in polymer logistics and demonstrates its
capability to execute high-volume, multi-location transportation operations with operational
excellence.
Steel, Engineering & Industrial Logistics
Secured a 6-month transportation contract from RINL for movements from Vizag to Nagpur.
Awarded a one-year transportation contract from Pidilite Industries for movements from
Raipur to multiple destinations.
Secured a one-year contract from BHEL for project cargo movements from Jagdishpur to
Anuppur.
Additional contracts from Balmer Lawrie and GMPL further strengthened Ritco's presence
across strategic industrial corridors.
Fly Ash Logistics – Accelerating Growth (~₹45.50 Crore)
Ritco commenced three major Fly Ash transportation projects for Megha Engineering &
Infrastructure Ltd. (MEIL) in Bihar with a combined contract value of approximately ₹45.50 crore.
The three contracts are valued at ₹12 crore, ₹15 crore, and ₹18.50 crore, respectively, and
support large-scale infrastructure development projects in Bihar.
These prestigious projects further strengthen Ritco's position as a leading logistics partner for
Fly Ash transportation and reinforce its strategic focus on infrastructure-linked bulk logistics.
3PL & Warehousing – Expanding Integrated Logistics Services
Ritco also secured a one-year Rate Contract from OPAL for managing two warehousing
facilities located at Kheda and Vapi, Gujarat.
The contract marks another significant milestone in the Company's growing 3PL &
Warehousing business and highlights customers' confidence in Ritco's capability to deliver
integrated warehousing and supply chain management solutions.
The addition further strengthens Ritco's strategy of providing comprehensive end-to-end
logistics services beyond transportation.
Sustained Growth & Business Mix
The latest business additions reflect:
Total new business exceeding ₹75 crore, providing healthy revenue visibility for the coming
months.
Strong contribution from the Polymer & Petrochemical sector along with substantial
expansion in the Fly Ash Logistics business.
Continued diversification into integrated logistics services through strategic growth in the 3PL
& Warehousing segment.
A healthy mix of transportation, infrastructure, warehousing and bulk logistics contracts from
leading customers across multiple industry sectors.
Reinforcement of Ritco's position as an integrated logistics solutions provider with capabilities
spanning transportation, warehousing and specialized logistics services.
Outlook
The latest order wins reaffirm Ritco Logistics' strategic direction of building a diversified, technology-
driven logistics enterprise. Alongside its continued leadership in Full Truck Load (FTL) transportation,
the Company is witnessing strong traction in high-growth verticals such as Fly Ash Logistics and 3PL
& Warehousing. With marquee customers, long-term contracts and a growing portfolio of integrated
logistics solutions, Ritco remains well-positioned to deliver sustainable growth, operational
excellence and long-term value to its customers and stakeholders.
Information Technology
1. Data Loss Prevention Enhancement: Data protection capabilities have been expanded to reduce
the risk of sensitive information exposure.
2. Privileged Access Modernization: Privileged access controls have been enhanced to strengthen
administrative account governance.
3. Backup & Cyber Recovery Modernization: Cyber recovery capabilities have been enhanced to
improve resilience against ransomware and operational disruptions.
Key Trucksup Updates:
1. In June, FASTag GMV on the TrucksUp platform crossed ₹80 Crore, with a total of 9,162
FASTags issued to date, registering a ~10% month-on-month increase in transaction value.
This continued growth reflects deepening adoption among fleet operators consolidating their
highway toll payments through the platform, further reinforcing TrucksUp's position as a
trusted end-to-end commercial vehicle management solution.
2. In June, 1,900+ digital fuel cards were issued on the TrucksUp platform, up from 1,200+ in
May, reflecting sustained month-on-month growth in adoption. The platform continues to
strengthen its role as the preferred channel for structured fuel payment management, giving
fleet operators greater control and visibility over fuel expenses.
3. TrucksUp have issued 1,150+ insurance policies in June, with a total premium value of ₹3.60
Crore. This marks a strong start for the insurance offering on the platform, positioning
TrucksUp as an increasingly comprehensive solution for fleet operators' protection and risk
management needs.
4. In the month of June, TrucksUp launched two new platforms: TrucksUpMAX for LFOs (Large
Fleet Owners) and GoldPump for fuel station owners. These two platforms have strengthened
our competitive advantage and enhanced our partnerships with enterprises as well as fleet
owners.
Special Announcement:
The Company is pleased to announce a significant brand development initiative. As part of its
continued efforts to strengthen its market presence and accelerate growth, Mr. Ajay Devgn, one of
India's most respected and celebrated actors, has been appointed as the Official Brand Ambassador
of TrucksUp.
This strategic association marks an important milestone in the Company's journey to build a
comprehensive digital ecosystem for the road transport and logistics industry. The collaboration is
expected to enhance brand visibility, strengthen stakeholder engagement, and reinforce the
Company's commitment to empowering truck owners, transporters, fleet operators, and MSMEs
across India.
The campaign will be launched under the brand message:
"TrucksUp – Ab Apni Chalao."
The partnership aligns with the Company's long-term vision of:
- Empowering truck owners with digital solutions.
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