Kaushalya Logistics

What Kaushalya Logistics does

Kaushalya Logistics Limited (NSE: KLL) is a Delhi-headquartered, publicly listed Indian logistics company incorporated in 2007 as part of the Poddar Group. It operates as the largest Clearing and Forwarding (C&F) agent in India's cement industry, providing end-to-end supply chain services — primary and secondary transportation, warehouse management, rake clearance, and manpower deployment — to cement manufacturers across 124 depots and 60+ warehouses, handling approximately 1.5 million tons of cement per annum. Its primary customer is Dalmia Cement Bharat Limited, which contributes roughly 60% of total profit; a new Adani Group depot in Muzaffarpur, Bihar, commenced operations in March 2026, adding incremental throughput and beginning to broaden the customer base.

The company runs an asset-light operating model in which warehouses are owned or rented by customers, allowing KLL to scale service delivery without balance-sheet capital intensity. Beyond cement logistics, KLL operates a Diamond-category e-commerce storefront selling electronics and white goods across 17 Indian states via a major online marketplace, and owns 18 commercial shops in Udaipur leased to retail tenants (including Pantaloons) under a commercial real estate vertical that the company plans to expand. The company's go-to-market is enterprise field sales targeting cement conglomerates, supported by an asset-light cost structure, a newly appointed CEO with 24 years across major Indian cement groups, and a public capital base following a January 2024 IPO that was oversubscribed 390.88 times.

Name

Kaushalya Logistics

Legal name

Kaushalya Logistics Limited

Website

https://kaushalya.co.in

Company type

Public

Founded year

2007

Operating status

Operating

Headcount range

51–100 employees

Short description

Kaushalya Logistics (NSE: KLL) is a Delhi-based public Indian logistics firm and the largest cement-industry Clearing and Forwarding agent in India, operating 124 depots and 60+ warehouses with 1.5 million tons of annual handling, primarily serving Dalmia Cement and now Adani Group.

Ownership category

akta.pro rank

Product category

Cement Logistics Services

akta.pro primary industry

Aggregates Logistics, Terminals & Distribution (IMADAAAK)

Keywords

• Cement logistics services
• Clearing and forwarding
• Warehouse management
• Transportation services
• Third-party logistics

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Clearing and Forwarding (C&F) Services: Primary revenue stream providing C&F services to Dalmia Cement Bharat Limited (approximately 60% of total profit). Operations include primary transportation, secondary transportation, warehouse management, rake clearance, and manpower services. Asset-light model with customer-owned/rented warehouses.
2. E-Commerce Operations: Diamond-category seller on major online e-commerce platform selling electronic and white goods. Operates in 17 states with agreements with authorized distributors for bulk purchases at discounted prices. Platform handles collections and compensates KLL after deducting charges and commissions.
3. Commercial Real Estate: Owns 18 shops in commercial project in Udaipur rented to leading retail tenants (including Pantaloons). Provides steady rental income stream with plans to expand presence in commercial real estate business.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Kaushalya Logistics Limited (KLL) is India's largest Clearing and Forwarding (C&F) agent in the cement industry, providing end-to-end logistics services including primary and secondary transportation, warehouse management, rake clearance, and manpower services. The company operates an asset-light model across 124 depots and 60+ warehouses nationwide, handling approximately 1.5 million tons of cement annually, primarily for Dalmia Cement Bharat Limited.

Product overview

Kaushalya Logistics Limited (KLL) operates as a single unified logistics services company offering Clearing and Forwarding (C&F) services as its core product, supplemented by multiple integrated service modules. The core C&F Services for cement (particularly Dalmia Cement Bharat Limited) handles over 1.5 million tons annually across 60+ warehouses. Supporting service modules include Primary Transportation, Raw Material Transportation, Secondary Transportation, 3PL Services, Warehouse Management, Rake Clearance Services, and Manpower Services. The company has diversified into E-Commerce as a diamond-category online seller of electronics and white goods across 17 states, and Commercial Real Estate through owned retail spaces in Udaipur. The company operates on an asset-light model using customer-owned or rented warehouses.

Differentiator

Problem solved

Functional benefit

Products and services

• Clearing and Forwarding (C&F) Services

Quantifiable outcome

• 1.5 million tons of cement handled per annum
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered core and minor.

• Adani GroupcoreStrategic or Co-development Partner · 25 March 2026Kaushalya Logistics commenced operations at a new depot in Muzaffarpur, Bihar for the Adani Group. This expansion is expected to handle approximately 15,000 MT monthly and increase the company's depot network to 124 across India. The partnership strengthens Kaushalya's presence in Eastern India.
• Dalmia Cement Bharat LimitedcoreStrategic or Co-development PartnerPrimary customer contributing approximately 60% of total profit. KLL provides comprehensive Clearing and Forwarding services including primary transportation, secondary transportation, warehouse management, rake clearance, and manpower services. KLL is the largest C&F agent for Dalmia Cement in India.
• Major E-Commerce PlatformminorChannel Partner/ Reseller/ DistributorKLL operates as a diamond-category seller on a major online e-commerce platform. The platform handles collections and compensates KLL after deducting applicable charges and commissions. KLL manages relationships with key suppliers of electronic and white goods across 17 states.
• Authorized Distributors (Electronics & White Goods)minorChannel Partner/ Reseller/ DistributorKLL has secured agreements with authorized distributors allowing bulk purchases at best prices with significant discounts for e-commerce operations.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Delhivery: Delhivery is an Indian listed logistics platform providing warehousing, line-haul, and contract logistics alongside its parcel network; comparable on warehouse-management capability and enterprise supply-chain contracts, with overlap in KLL's e-commerce segment.
• VRL Logistics: VRL is a major Indian road-transport and last-mile delivery operator listed in India; comparable in domestic freight, hub-and-spoke network, and B2B industrial customer base.
• Mahindra Logistics: Mahindra Logistics provides enterprise-grade 3PL, warehousing, and supply-chain solutions in India with an asset-light model; comparable in target enterprise customers and B2B contract logistics delivery.
• Safexpress: Safexpress is a privately held Indian express-distribution and supply-chain company operating a large warehouse/transport network for industrial shippers — directly comparable on multi-modal freight and contract-logistics positioning.
• Transport Corporation of India (TCI): TCI is an Indian listed 3PL/freight and supply-chain solutions provider serving industrial customers across cement, automotive, FMCG, and other verticals — highly comparable in target customer, multi-modal service mix, and enterprise B2B GTM.
• Allcargo Logistics (with Gati): Allcargo is one of India's largest integrated logistics players (now including Gati) offering 3PL, express distribution, and contract logistics to enterprise and SME shippers — directly comparable on C&F/contract-logistics go-to-market in India.

Emerging players

• XpressBees: XpressBees is an Indian logistics unicorn focused on e-commerce and B2B supply-chain services with warehousing and line-haul; an emerging peer whose focus intersects with KLL's e-commerce and warehouse-management footprint in India.

Broad incumbents

• Container Corporation of India (CONCOR): CONCOR is the Indian public-sector rail/container-logistics incumbent with a national terminal and inland-container-depot network; broader and rail-anchored but competes for the same enterprise customers seeking multimodal freight and rake/rail handling.
• DHL Supply Chain India: DHL Supply Chain operates contract logistics, warehousing, and 3PL services in India for enterprise customers including industrial clients; relevant incumbent peer given KLL's enterprise C&F positioning.
• Blue Dart Express (DHL Express India): Blue Dart, the DHL-owned listed express-logistics player in India, serves enterprise B2B customers with time-critical shipments and supply-chain services — overlapping with KLL on enterprise B2B service tiers though skewed toward air/express rather than bulk cement.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/kaushalya-logistics-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kaushalya Logistics