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Glottis Limited Earnings Release 2026
60092_rns_2026-05-26_a84d7e38-ee20-48fe-85c6-a91fbc661486.pdf
Earnings Release
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Glottis
May 26, 2026
To,
National Stock Exchange of India Limited
Exchange Plaza, C-1, Block G
Bandra Kurla Complex
Bandra (E), Mumbai – 400 051
BSE Limited
Phiroze Jeejeebhoy Towers
Dalal Street, Mumbai – 400 001
SYMBOL: GLOTTIS
SCRIP CODE: 544557
Dear Sir/Ma’am
Sub: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations, 2015”)
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulation”), we hereby enclose a copy of the Press Release on the Audited Financial Results for the Quarter and Financial Year ended March 31, 2026.
The copies of the same can be accessed from the website of the Company at https://www.glottislogistics.in/.
This is for your kind information and records.
Thanking you,
Sincerely,
For Glottis Limited
NIBEDITA
Digitally signed
by NIBEDITA
PANDA
Date: 2026.05.26
11:53:42 +05'30'
Nibedita Panda
Company Secretary and Compliance Officer
M. No: A68844
Encl. as above
Glottis Limited
Regd Off : New No.46, Old No.311, 1st Floor, Thambu Chetty Street, Chennai - 600 001. (044) 2525 0222 / 4266 5587
Corp. Office : Plot No.164, 13th Cross Street, Defence Officers Colony, Ekkatuthangal, Nandambakkam, Chennai - 600 032.
(044) 4266 5586 / 4266 8366 [email protected] www.glottislogistics.in
CIN : L63090TN2022PLC151443 | GSTIN : 33AAJCG7091D1ZN
Q4 and FY26 Press Release
Glottis
Q4 FY26 Revenue from Operations at Rs. 1,959 Million
Q4 FY26 EBITDA at Rs. 105 Million, with a margin of 5.4%
Q4 FY26 Ocean Freight TEUs was 21,356
Chennai, 26th May 2026: Glottis Limited (“Glottis” or the “Company”) (BSE: 544557 | NSE: GLOTTIS), one of the leading freight forwarders offering end-to-end logistics solutions including ocean freight forwarding, air freight forwarding, road transportation; along with other ancillary services, has announced its audited financial results for the quarter and year ended 31st March 2026.
Q4 and FY26 Financial Performance:
Rs. Million
| Q4 FY26 | Q4 FY25 | Y-o-Y | Q3 FY26 | Q-o-Q | FY26 | FY25 | Y-o-Y | |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 1,959 | 3,071 | (36.2)% | 1,439 | 36.1% | 7,226 | 9,412 | (23.2)% |
| EBITDA | 105 | 160 | (34.2)% | 40 | 163.8% | 495 | 785 | (36.8)% |
| EBITDA Margin% | 5.4% | 5.2% | 2.8% | 6.9% | 8.3% | |||
| PAT | 107 | 114 | (6.0)% | 27 | 294.7% | 377 | 561 | (32.9)% |
| PAT Margin% | 5.5% | 3.7% | 1.9% | 5.2% | 6.0% | |||
| EPS | 1.15 | 1.42 | (19.0)% | 0.29 | 296.6% | 4.37 | 7.02 | (37.7)% |
Q4 FY26 Revenue Contribution:
By Segment
- Ocean Freight - Import
- Ocean Freight - Export
- Air Freight - Import
- Air Freight - Export
- Road Transport
By Geography
- Asia
- North America
- Africa
- Europe
- South America
- Australia
By Industry
- Renewable Energy
- Engineering Products
- Home Appliances
- Granites & Minerals
- Logistics
- Agro
- Others
Q4 and FY26 Press Release
Glottis
Commenting on the performance Mr. Ramkumar Senthilvel, Managing Director said:
"The fourth quarter concluded an important year for the company and marked the completion of our first full financial year as a listed entity. During FY2026, the company remained focused on strengthening customer relationships, expanding its multimodal logistics capabilities and improving its operational network across key trade corridors. Despite a softer global freight environment and correction in shipping rates during the year, the company continued to deepen its presence across core business segments and diversified industry categories.
For FY2026, Revenue from Operations was Rs. 7,226 million. Sea Import continued to be the largest business vertical, contributing nearly 78% of total revenue during the year. The company further strengthened its position in the export vertical during the year. Air Import revenue grew 23.6% YoY in FY2026, with its contribution to total revenue increasing to 2.4% from 1.5% in FY2025. Air Export recorded even stronger momentum, with revenue more than doubling during the year and its contribution increasing to 1.2% from 0.4% in FY2025. The growth across the air freight segments reflects increasing customer acceptance of Glottis as a multimodal logistics partner.
Profitability during the year was impacted by lower freight realizations and moderation in shipment volumes across certain trade routes. EBITDA for FY2026 was Rs. 495 million with a margin of 6.9%, while Profit After Tax was Rs. 377 million with a margin of 5.2%. Throughout the year, the company remained focused on shipment-level profitability checks, variable cost alignment and tighter control on overheads to manage the impact of industry-wide rate corrections.
On the operational front, the company handled 89,098 TEUs during FY2026. Volumes during the year were lower compared to previous year as importers and exporters across sectors adopted a measured approach towards procurement and inventory planning due to freight rate volatility and changing global trade patterns. Despite lower volumes, customer engagement remained stable and repeat business improved. During the year, the company added 163 new customers, while the number of repeat customers also increased to 959 from 871, reflecting stronger customer retention and wider market reach.
Furthermore, the company further diversified its sector presence across Automobile, Agro Products, Chemicals, Textiles and Medical segments. Revenue from the Automobile segment more than doubled during FY2026, with its contribution increasing to 4.2% from 1.5% in FY2025, supported by higher movement of auto components and engineering-linked cargo.
The company also continued to strengthen its operational network and infrastructure during the year to support future growth and service capabilities. During FY2026, the company added 32 shipping line connections, expanded its transportation capabilities by onboarding 11 transporters to improve service flexibility and connectivity across routes.
Overall, FY2026 reflects a year of transition and network expansion for the company. The focus going ahead remains on improving shipment quality, increasing wallet share with existing customers, expanding presence across high-growth sectors and strengthening multimodal logistics capabilities across sea and air freight operations."
For further information, please contact:
Nibedita Panda
Company Secretary and Compliance Officer
Churchgate Investor Relations
Abhishek Dakoria / Kapil Juneja
+91 99454 72589
Q4 and FY26 Press Release
Glottis
Glottis: Business at a Glance
INR 7,226 Mn
FY26 Revenue
INR 495 Mn
FY26 EBITDA
INR 377 Mn
FY26 PAT
19.9%
FY26 ROE
18.8%
FY26 ROCE
Ocean Freight – 92%
- Covers the entire movement from the shipper's overseas factory to the customer's project site
- Full Container Load (FCL) and Less than Container Load (LCL) shipping solutions for all B2B Customers
- Customs Brokerage: Includes documentation, duty & tax calculation, and regulatory compliance
- Supply Chain Consulting: Offers supply chain design, process improvement and technology integration
- Project logistics solutions from route surveys, cargo planning, and freight finalization to customs documentation and permissions
Key Facts
Chennai, India
Headquarters | Port Proximity
~ 89k+
Volume Handled in FY26 (TEU)
2,071
Customers Served (FY26)
114
Countries Served
BBB+/Stable
CRISIL (October 2025)
Intermediate Network
249
Overseas Agent
51
Custom House Agents
18
Container Freight Stations
16
Airlines
156
Shipping Line and Agencies
33
Countries
Inland Transportation – 5%
- Standard Road Transport
- Specialised Transport
- Last Mile Delivery
- Urban Delivery
- Rural and Remote Delivery
Infrastructure
9
Branch Offices in India
1
Warehouse
~2,00,000 sq. ft.
Warehouse Storage
42
Owned Vehicle Fleet
88
Transporters
Air Freight – 3%
- Export Shipment
- Cargo Pickup
- Cargo Space Booking
- Document Preparation
- Customs Clearance
- Delivery
- Import Shipment
Other Ancillary Services
- General Warehousing
- Cross Docking
- 3PL Services
- Custom Broking
FY26 Revenues
Geographic Footprint of Import and Export Operations
Number of Countries
FY26 Revenue Mix
■ India ■ International
Q4 and FY26 Press Release
Glottis
Q4 and FY2026 Earnings Conference Call
| Conference Call Details: Tuesday, May 26, 2026, at 12:00 PM IST |
|---|
| Diamond Pass |
| Universal Access Number |
| The number listed above is universally accessible from all networks and all countries. |
| Toll Free Number |
| UK: 0 808 101 1573 |
About Glottis:
Founded in 2004, Glottis Limited is an integrated logistics solutions provider headquartered in Chennai, Tamil Nadu. The Company offers a diversified portfolio of multimodal services across ocean, air, and road transportation, along with ancillary offerings such as warehousing, customs clearance, third-party logistics (3PL), and project logistics, enabling end-to-end management of domestic and international cargo movement. With over two decades of industry experience, Glottis has established a strong operational footprint across key Indian trade hubs including Chennai, Mumbai, New Delhi, Gujarat, Kolkata, Tuticorin, Coimbatore, Bengaluru, and Cochin, and a global presence across 110+ countries through a network of 245+ overseas agents, 156 shipping lines and agencies, 88 transporters, 51 customs house agents, 16 airlines, and 18 container freight stations. The Company caters to a diverse clientele across industries such as renewable energy, engineering, home appliances, timber, minerals, agro products, automotive, chemicals, and textiles, and handled over 89,000+ TEUs of ocean freight in FY 2026
Disclaimer:
Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward- looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results changed assumptions or other factors.
Registered Address:
New No. 46, Old No. 311, Thambu Chetty Street, Chennai – 600 001, India