Neptune Logitek Ltd (544663) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Neptune Logitek was originally incorporated as Amardeep Logistics Private Limited, a private limited company under the Companies Act, 1956, pursuant to a Certificate of Incorporation dated March 2, 2012, issued by the Registrar of Companies, Ahmedabad, Gujarat.

The company provides differentiated logistics solutions with their: (a) pan-India presence, (b) integrated service offerings, (c) focus on improving service through door-to-door services, and (d) large network of vehicle fleet. Being an integrated logistics company in India, the company primarily operates in the following segments: (i) Freight Forwarding and Custom Clearance including Import and Export; (ii) Air Freight Transportation (including Import and Export and Courier Services; (iii) Door to Door Multimodal Coastal Forwarding (iv) Road Transportation and (v) Rail Transportation. 

It operates on an asset-based business model, which allows it to deliver high-quality services to its customers. The essential assets, including commercial vehicles, are either owned by the company or provided through a network of business partners on a lease basis. As a result, it maintains its own fleet of vehicles while also collaborating with its business partners to hire additional vehicles as needed to support its logistics operations, it also operates a captive petrol pump, for which it holds a valid Class B license from the Petroleum and Explosives Safety Organisation (PESO). This in-house facility helps it better manage fuel usage and optimize operational costs.

Its operations are further strengthened by the use of cutting-edge digital tools and proprietary software, allowing it to offer agile, efficient, and transparent logistics solutions. Key technological features include GPS-enabled fleet management systems, real-time vehicle tracking, and an auto on/off feature for engine monitoring and control. These technologies enhance safety, reduce idle time, and ensure better utilization of fleet resources. Additionally, it utilizes predictive analytics to anticipate demand fluctuations and optimize route planning, along with automated workflows that support data-driven decision-making.

Business area of the company

The company specializes in a range of transportation and logistics services, including Land transport and transport via pipelines, Freight transport by road, Motorized road freight transport, Water transport, including sea and coastal freight services. The company provides differentiated logistics solutions with their: (a) pan-India presence, (b) integrated service offerings, (c) focus on improving service through door-to-door services, and (d) large network of vehicle fleet.

Business operations of the company

• Freight Forwarding (EXIM): The company guarantee to provide high levels of professional services. Its pledge is to provide its customers with a complete range of services that will enhance its customer's logistics services, which includes on time delivery, fully shipment visibility, from order placement to final arrival with speed and accurate.
• Air freight: It provides a myriad of competitive and comprehensive international air freight solutions for both import and export cargo, connecting all corners of the globe.
• Door to Door multimodal coastal forwarding: It offers domestic multimodal logistics solutions across key states such as Gujarat, Maharashtra, Kerala, and Tamil Nadu. By integrating road, rail, and sea transportation modes, it optimizes cargo movement within and between these regions, ensuring cost efficiency and timely delivery.
• Road transportation: It offers a comprehensive range of road transport services across various regions of India, supported by robust domestic transportation management solutions.
• Rail transportation: It provides seamless rail transport services from Maliya to Mundra. This collaboration ensures an integrated logistics solution, combining efficient rail transport and port services to streamline the movement of goods, particularly bulk commodities and containerized cargo, between key industrial hubs and one of India’s busiest ports, Mundra Port.

History and milestones

• 2012: Incorporated as a Private Limited Company under the name Amardeep Logistics Private Limited.
• 2013: Acquisition of its first truck, initiating the process of backward integration.
• 2014: Reached the volume of handling 500 containers per month across India.
• 2017: Reached the target of operating 80 trucks and handling 1,000 containers per month.
• 2019: Implemented digital tools and systems to improve operational efficiency.
• 2020: Reached the volume of handling 2,000 containers per month across India.
• 2021: Added rail transport to logistics operations.
• 2022: Changed company name from Amardeep Logistics Private Limited to Neptune Logitek Private Limited.
• 2022: Started export and import freight forwarding services.
• 2023: Increased owned fleet to over 200 trucks.
• 2024: Established 9 branches across India and implemented end-to-end digital systems.
• 2024: Added air transportation services.
• 2024: Converted from Private Limited Company to Public Limited Company, renamed as Neptune Logitek Limited.
• 2025: Handled 55,416 containers across EXIM, transport, and freight forwarding services.