About Pranik Logistics Limited

Pranik Logistics is engaged as carrying and forwarding agent providing end-to-end Logistics solutions i.e. from the point of origin to the point of consumption, in order to meet the needs of the customers and corporations. They are a pan India logistics provider, acting as carrying and forwarding agent and providing integrated services including transportation, warehousing, material handling and freight forwarding to the customers belonging to various industries such as Retail, Customer Durables, Telecom, Manufacturing, Pharma, etc.

They manage a fleet of commercial vehicles, comprising more than 80 vehicles that they own, and any further requirement is managed through leasing the vehicles on trip-totrip basis. Their fleet encompasses various types of trucks categorized by design, size, and capacity. Their Container Trucks are utilized for parcel transportation, while Platform Trucks handle heavy-duty goods like automotive parts and machinery. They operate a total of 30 warehouses, which are directly managed by the company. They have obtained certifications from FSSAI for facilitating the delivery of perishable goods in West Bengal only. We believe that adopting and employing global standards will attract more customers to the Company.

Indian Smart Warehousing Industry
Increasing adoption of technological advancements, e-commerce sector’s high growth, and the government’s supportive initiatives are projected to propel the expansion of the India Smart Warehousing Market during the forecast period between 2024 and 2030.

India Smart Warehousing Market size was estimated at USD 2.93 billion in 2023. During the forecast period between 2024 and 2030, the size of India Smart Warehousing Market is projected to grow at a CAGR of 14.65% reaching a value of USD 6.66 billion by 2030. Major growth drivers for the India Smart Warehousing Market include the growing multi-channel distribution networks, an increasing emphasis on environmentally friendly initiatives and rising sustainability measures to reduce waste. The dynamic and globalized nature of supply chain networks further contributes to propelling the market's expansion. Also, the ongoing Industry 4.0 revolution is transforming contemporary warehouse operations through the integration of technologies such as Big Data analytics, Artificial Intelligence, autonomous robotics, augmented reality, and the Internet of Things. The smart warehousing industry is advancing significantly, driven by the increasing popularity of e-commerce and the ongoing process of digitization. Global suppliers are adopting innovative technologies like bar code scanning software, automated guided vehicles, and radio frequency identification technology to enhance and accelerate supply chain networks while minimizing errors. The utilization of these advanced technologies plays a pivotal role in shaping the market's growth and development.

A smart warehouse, serving as a sizable facility for storing manufactured items and raw materials, has undergone a transformative shift with the integration of machines and computers. Tasks that were traditionally carried out by humans, such as receiving and processing orders, storing and counting products, and efficiently transferring orders to their designated locations, are now seamlessly executed in smart warehouses. The adoption of technologies, such as AGV, RFID, IoT, and analytics, has notably reduced errors or eliminated them entirely in these operations. The increasing utilization of these advanced technologies emerges as a key driver propelling the smart warehousing market forward. Also, a significant trend within smart warehouses involves the automation of virtually all stages involved in the movement of goods from suppliers to customers. The widespread move toward automation is anticipated to witness substantial growth, expanding the sales potential in the India Smart Warehousing Market over the forecast period.

Indian Logistics Industry
The India logistics market size reached US$ 282.3 Billion in 2023. Looking forward, the market is expected to reach US$ 557.4 Billion by 2032, exhibiting a growth rate (CAGR) of 7.85% during 2024-2032. The significant expansion in the e-commerce and online retail industry, the implementation of favorable government policies encouraging the adoption of logistics services, and emerging technological advancements are some of the major factors contributing to the market growth. 

Logistics is a vital component of modern business operations that encompasses the management, planning, and execution of the flow of goods, information, and resources from the point of origin to the final destination. It optimizes the efficient storage and movement of goods, services, and information, all customized to satisfy customer demands in a cost-effective manner. It includes limited to order fulfillment, fleet and inventory management, warehousing, handling of materials, and inbound and outbound transportation. It is essential in overseeing and tracing data pertaining to space utilization, work schedules, order placements, and the successful delivery of diverse products. It also serves to enhance inventory control, customer service, the secure transit of voluminous packaging while preventing damage or spillage, expedited product deliveries, and the efficient transfer of large quantities of goods.

The market is primarily driven by the growing e-commerce sector. In addition, the increasing number of online retail transactions is escalating demand for efficient last-mile delivery services for optimizing digital commerce operations, thus influencing market growth. Moreover, the introduction of user-friendly return and refund policies by diverse e-commerce platforms is escalating the demand for reverse logistics, supported by flexible services such as tracking capabilities, which represents another major growth-inducing factor. Besides this, leading players are using advanced technology solutions, including real-time tracking, predictive analytics, and sophisticated functionalities, to streamline supply chains and cater to evolving customer demands, thus propelling market growth. Along with this, the widespread adoption of eco-friendly logistics solutions, the rise of trade agreements, and increased consumer spending power are accelerating market growth. Furthermore, the integration of advanced technologies such as biometrics, global positioning system (GPS), and autonomous vehicles with logistics systems are providing a positive thrust to the market growth.

PRANIK LOGISTICS LIMITED COMPETITIVE STRENGTHS
1. Experienced and Qualified management team
2. Asset-light business model
3. Long-standing client relationships with their clients across multiple verticals.
4. Quality Assurance and Standards

PRANIK LOGISTICS LIMITED STRATEGIES
1. Expansion in their goods transportation network and fleet size
2. Continued improvement in operating efficiencies through technology enhancements

PRANIK LOGISTICS LIMITED RISK FACTORS & CONCERNS
1. The company depends on third parties to acquire vehicles utilized in their transportation operations.
2. The business is dependent on the road network in India and their ability to utilize their vehicles in an uninterrupted manner.
3. The business is affected by prevailing economic conditions in India and indirectly affected by changes in consumer spending capacity in the sectors they serve within India.