Glottis Ltd (GLOTTIS) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Glottis is a Public Limited Company incorporated under the Companies Act, 2013 and domiciled in India and has its registered office at Chennai, Tamilnadu, India. The company was initially established as a partnership firm named ‘Glottis’ on June 24, 2004. Subsequently, it was converted into a private limited company on April 18, 2022, with business operations taking over from September 01, 2022. The final transformation to a public limited company, Glottis Limited, was effected on May 14, 2024.

The company offers multi-modal integrated logistics solutions, which include end to end transportation solutions through ocean, air and road logistics services. The company delivers end-to-end logistics solutions with multimodal capabilities across verticals to optimize the movement of goods across geographies including (i) ocean freight forwarding (project cargo load and full container load, import as well as export); (ii) air freight forwarding (import as well as export); (iii) road transportation; along with other ancillary services, including warehousing, storage, cargo handling, third-party logistics (3PL) services and custom clearance, among others.

It integrates services of its Intermediaries and its in-house infrastructure, to offer start to finish logistical solutions to its customers. Its service offerings coupled with the capabilities of its Intermediaries enable it to offer assistance in geographically dispersed locations, while modifying operating volumes, optimising loads and maintaining flexibility in handling capacity variations depending on its customers’ requirements.

The company has a track record of mobilising large volumes of cargo for its customers engaged in various industries. Its ability to mobilise higher volumes is on account of its widespread network of international freight forwarding agencies, who provide it insights on available carriers, route management and globally prevalent freight forwarding rates, which enhances its capabilities of committing carrier spaces in advance at competitive rates, thereby offering commitment of delivery. Owing to the aforementioned measures taken by the company to anticipate demand, its pre-book shipping slots to guarantee capacity and negotiate favorable rates with carriers, resulting in higher margins. 

Business area of the company

The company delivers end-to-end logistics solutions with multimodal capabilities across verticals to optimize the movement of goods across geographies including (i) ocean freight forwarding; (ii) air freight forwarding; (iii) road transportation; along with other ancillary services, including warehousing, storage, cargo handling, third-party logistics (3PL) services and custom clearance, among others.

Services of the company

• Ocean freight forwarding
• Air freight forwarding
• Road transportation
• Other ancillary services include warehousing, storage, cargo handling, third-party logistics (3PL) services, and custom clearance

Key awards, accreditations or recognitions

• 2014: Recognized by one of its container shipping companies, Safmarine for its continued support and patronage during the year 2014.
• 2015: Recognized by one of its container shipping companies, Safmarine for its continued support and patronage during the year 2015.
• 2016: Received a token of appreciation from APM Terminals Inland Services in recognition of its business and valued association.
• 2017: Awarded with the ‘Customer of the Year Award -2017’ by Safmarine.
• 2019: Received the title of ‘Freight Forwarder of the Year (Containerized)’ in recognition of excellence in cargo and logistics sector in the 11th Cargo and Logistics Award, 2019.
• 2022: Received the title of ‘Freight Forwarder of the Year (imports)’ in recognition of excellence in cargo and logistics sector in the 13th Cargo and Logistics Award, 2022.
• 2023: Received the title of ‘Freight Forwarder of the Year (imports)’ in recognition of excellence in cargo and logistics sector in the 14th Cargo and Logistics Awards, 2023.
• 2024: Received the title of ‘Freight Forwarder of the Year (imports)’ in recognition of excellence in cargo and logistics sector in the 15th Cargo and Logistics Awards, 2024.
• 2024: Approved as a member of International Federation of Freight Forwarders Associations for the year 2024.
• 2025: Received the title of ‘Freight Forwarder of the Year (imports)’ in recognition of excellence in cargo and logistics sector in the 16th South East Cargo and Logistics Award, 2025.

History and milestones

• 2014: Expanded its operations to additional industries, by offering freight forwarding services to customers engaged in the timber and the consumer durables industries.
• 2016: Expanded its service verticals, by offering freight forwarding services for fragile products such as glass and glass components.
• 2017: Forayed into the renewable energy industry by offering freight forwarding services to a leading sustainable and renewable energy company and a leading renewable energy producer.
• 2017: Expanded its service portfolio by venturing into inland transportation.
• 2018: Diversified its service portfolio by offering warehouse handling services to a leading producer of renewal energy in India.
• 2022: Successfully handled 50,000 TEUs in Fiscal 2022, a first-time feat for the company.
• 2022: Achieved a significant milestone with its turnover surpassing Rs 8,000 million.
• 2022: Handled freight management and forwarding of 46 over-dimensional cargo containing.
• 2022: specialised solar equipment in single vessel, from China to India.
• 2022: Converted from its erstwhile partnership firm, M/s Glottis into a private limited company.
• 2024: Handled freight management and forwarding of approximately 771 containers in single vessel, for a leading renewable energy manufacturer and a leading cement manufacturer.
• 2024: Handled freight management and forwarding of 315 containers at Kattupalli port, in single vessel, as an ad hoc requirement of one of its customers.
• 2024: Handled freight management and forwarding of 264 containers at Kattupalli port, in single vessel, as an ad hoc requirement of one of its customers.
• 2024: Handled freight management and forwarding of clear float glass in 630 containers, in single vessel, at Kattupalli port, as an ad hoc requirement of one of its customers.
• 2024: Handled freight management and forwarding of clear float glass in 710 containers, in single vessel, as an ad hoc requirement of one of its customers.
• 2024: Handled freight management and forwarding of clear float glass, in 124 high cube containers, in single vessel, at Gangavaram port, as an ad hoc requirement of one of its customers.