Blue Water Logistics

Blue Water Logistics delivered a stellar Q4 FY26 with revenue surging 97% YoYCurrent reported value: 97% YoY. No comparable prior figure is available in the source record. to ₹386Current reported value: 386. No comparable prior figure is available in the source record. crore, driven by strong demand across logistics verticals, expansion of asset base, and new customer additions. EBITDA grew 134%Current reported value: 134%. No comparable prior figure is available in the source record. to ₹44Current reported value: 44. No comparable prior figure is available in the source record. crore, with margins expanding 180bps to 11.4Current reported value: 11.4. No comparable prior figure is available in the source record.%, while PAT rose 135%Current reported value: 135%. No comparable prior figure is available in the source record. to ₹25.2Current reported value: 25.2. No comparable prior figure is available in the source record. crore. The ocean freight segment contributed ~70% of revenue, while air freight share jumped from 1% to 13%Current 13%. Reported change: +12pp YoY. due to the Turkish Airlines partnership. Management guided for continued doubling of revenue in FY27, supported by planned expansion into Southeast Asia, dry containers, and project cargo. Margins are expected to improve further as higher-margin NVOCC (ISO tank) segment grows from 8%Current 8%. Reported change: +8pp YoY. to 20% of revenue. Key risk: sharp spike in trade receivables (₹141 crCurrent ₹141 Cr. Reported change: +100% YoY.ore) due to Q4 billing, though management expects recovery within 60-90 days.