Gateway Distriparks Ltd share Price

Gateway Distriparks Limited is an India-based company engaged in the business of providing intermodal logistics services. The company’s services span across three verticals–Inland Container Depots (ICD) at various locations, Container Freight Stations (CFS), and Temperature Controlled Logistics. The company was incorporated on 22 August 2006 as a joint venture between Gateway Distriparks and Chaikat Group. The headquarters of this company is in Mumbai, Maharashtra, and its market capitalisation, as of 1 November 2022, was Rs 3,667 crore.

The company is listed on the National Stock Exchange (NSE) under the code GATEWAY as well as the Bombay Stock Exchange (BSE) under scrip code 543489.

The primary services of Gateway Distriparks Limited include cargo transportation through railways, customs handling, warehousing, cargo stuffing and de-stuffing, and container handling, along with some value-added services, such as sheet wrapping, palletisation, etc. The company’s subsidiaries include Gateway East India Private Limited, Gateway Distriparks (Kerela) Limited, and Gateway Rail Freight Limited. For the quarter that ended in June 2022, the company reported consolidated sales of Rs 343.75 crore with a net profit of Rs 57.78 crore.

As per the shareholding pattern of the company in September 2022, a 33.97% stake was invested in mutual funds, a 32.12% stake was held by promoters, a 16.45% stake was held by foreign institutional investors, a 14.18% stake was held by retail investors, and the remaining 3.28% stake was held by other domestic institutions. Top mutual funds in which the company has invested include ICICI Prudential Small Cap Fund Direct Growth, Franklin Build India Direct Growth Fund, HDFC Small Cap Direct Growth Fund, and SBI Contra Direct Plan Growth.

The company’s management team comprises Mr Prem Kishan Dass Gupta (chairman and managing director), Mr Ishaan Gupta (joint managing director), Mr Samvid Gupta (joint managing director), Ms Vanita Yadav (independent director), and Mr Anil Aggarwal (independent director), among others. On 1 November 2022, Gateway Distriparks Limited’s shares were trading at Rs 72.80 per share at the NSE and Rs 73.15 at the BSE. The 52-week high and 52-week low prices of these shares were Rs 86.90 and Rs 64.15, respectively. The top peers of the company are Blue Dart Express, Contain Corp., Delhivery, and Allcargo Logistics.

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