Glottis Limited Announces Audited Financial Results for Q4 and FY26
Glottis Limited, a leading freight forwarder offering end-to-end logistics solutions, announced its audited financial results for the quarter and the full financial year ended March 31, 2026. Glottis provides multimodal services, including ocean, air, and road transportation, alongside ancillary services such as warehousing, customs clearance, and third-party logistics (3PL).The company released its performance details for the fourth quarter (Q4 FY26) and the full fiscal year (FY26) on May 26, 2026.
Q4 and FY26 Financial Performance
The audited financial results highlight the company's operational metrics for the past year. The table below details the financial performance for the respective periods:| Financial Metric | Q4 FY26 | Q4 FY25 | Y-o-Y Change | Q3 FY26 | Q-o-Q Change | FY26 | FY25 | Y-o-Y Change |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations (Rs. Million) | 1,959 | 3,071 | (36.2)% | 1,439 | 36.1% | 7,226 | 9,412 | (23.2)% |
| EBITDA (Rs. Million) | 105 | 160 | (34.2)% | 40 | 163.8% | 495 | 785 | (36.8)% |
| EBITDA Margin% | 5.4% | 5.2% | 2.8% | 6.9% | 8.3% | |||
| Profit After Tax (PAT) (Rs. Million) | 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)% |
Key Business and Operational Highlights
Mr. Ramkumar Senthilvel, Managing Director, commented on the performance, noting that the fourth quarter marked the completion of the company's first full financial year as a listed entity. He acknowledged that the company faced a softer global freight environment and a correction in shipping rates during FY2026.Despite these market factors, the company focused on strengthening customer relationships and expanding its multimodal logistics capabilities across key trade corridors.
Revenue Composition:
For FY2026, Revenue from Operations totaled Rs. 7,226 million. Sea Import remained the largest business vertical, contributing nearly 78% of the total revenue. The company also strengthened its position in the export vertical. Air Import revenue grew 23.6% Year-on-Year (YoY) in FY2026, increasing its contribution to total revenue to 2.4% from 1.5% in FY2025. Air Export recorded even stronger growth, more than doubling and increasing its contribution to 1.2% from 0.4% in FY2025.
Profitability and Volumes:
Profitability was impacted by lower freight realizations and moderation in shipment volumes. For FY2026, EBITDA stood at Rs. 495 million with a margin of 6.9%, and Profit After Tax (PAT) was Rs. 377 million, achieving a margin of 5.2%.
On the operational front, the company handled 89,098 TEUs during FY2026. The management noted that while volumes were lower than the previous year due to market rate volatility and changing global trade patterns, customer engagement remained stable, and the company added 163 new customers, increasing its repeat customer count to 959 from 871.
Diversification and Infrastructure:
Glottis diversified its sector presence across Automobile, Agro Products, Chemicals, Textiles, and Medical segments. The revenue from the Automobile segment more than doubled during FY2026, increasing its contribution to 4.2% from 1.5% in FY2025. To support future growth, the company added 32 shipping line connections and onboarded 11 transporters to improve service flexibility and connectivity across routes during FY2026.
About Glottis Limited
Founded in 2004, Glottis Limited is headquartered in Chennai, Tamil Nadu. The company offers a diversified portfolio of multimodal services encompassing ocean, air, and road transportation. Its offerings include warehousing, customs clearance, third-party logistics (3PL), and project logistics, enabling end-to-end management of domestic and international cargo movement.Glottis has established a strong operational footprint across key Indian trade hubs, including Chennai, Mumbai, New Delhi, Gujarat, Kolkata, Tuticorin, Coimbatore, Bengaluru, and Cochin. Globally, the company maintains a presence across 110+ countries through a network comprising 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 diverse clientele across industries such as renewable energy, engineering, home appliances, timber, minerals, agro products, automotive, chemicals, and textiles.
GLOTTIS Stock Price Movement
As of 12:51 PM, shares of Glottis Limited are slipping by 5.00% in live trading, currently hovering at ₹65.93. The stock sees considerable interest, with the shares trading on a total volume of 297,971 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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