Mumbai-based multimodal logistics operator Gateway Distriparks expects double-digit volume growth in rail, while container freight stations (CFS) are projected to grow by 2–3% in 2025-26 (FY26).
Joint Managing Director Samvid Gupta stated that the outlook is influenced by long-term factors such as the geopolitical environment and upcoming tariff decisions, with more clarity expected in July.
He pointed to positive developments like the Free Trade Agreement (FTA) between India and the UK, ongoing discussions with the EU, and the evolving India-US trade relationship, all of which could contribute to a realignment of global trade in India’s favour.
Gupta mentioned that the company is targeting an EBITDA of around ₹9,500 per TEU from its rail operations, with the potential to exceed ₹10,000 per TEU once the JNPT line is connected to the Dedicated Freight Corridor (DFC).
On the CFS front, EBITDA is projected to be approximately ₹1,500 per TEU. He also highlighted a target of achieving 45% double stacking in the coming year.
In the January–March quarter of 2025 (Q4FY25), Gateway Distriparks reported revenue of ₹534 crore, a margin of 20.1%, and a loss of ₹190.97 crore.
Gateway Distriparks is exploring asset-light models by operating from third-party terminals and sidings—an approach new to the company. It also plans to tap into domestic movement, with one or two such locations expected to become operational in FY26.
These additions will expand its geographic reach and enhance its pan-India market share without displacing existing players.
Gateway Distriparks’ current market capitalisation is ₹3,393 crore. The stock is currently trading at ₹68.02 as of 3:16 pm on the NSE and has declined 34% over the last year.
