- Business
- Maheshwari Logistics Limited provides integrated logistics and supply chain services across India, with operations spanning logistics transportation, coal and petcoke trading, kraft paper manufacturing, and waste paper management; it operates a fleet of 89 vehicles serving over 100 clients in sectors including cement, paper, textiles, and fertilizers, manufactures recycled kraft paper including test liners, imitation kraft, brown kraft, fluting, and natural unbleached varieties at a 84,891 metric ton annual capacity facility in Vapi, Gujarat, trades non-coking coal, petcoke, lignite, diesel, and various papers, and manages waste paper recycling. The company, founded in 2006 and headquartered at MLL House, Shed No. A2-3/2, GIDC, Vapi, Gujarat, maintains 10 operational offices primarily in Gujarat and Rajasthan, a dedicated coal screening plant in Vapi, and focuses on industries critical to India's manufacturing and energy growth, targeting domestic markets with exports of paper products.
In recent developments, Maheshwari Logistics partnered with Mahindra & Mahindra as an authorized dealer for trucks and buses in South Gujarat, earning the Best Debutant Dealer award in its first year, established an M&M service center with plans for expansion, and was appointed as a dealer for Apollo Tyres to market tyres, tubes, and flaps in Southern Gujarat; it increased its stake in Vidhik Prints Private Limited to bolster kraft paper utilization in mono carton production, commenced commercial trials for a plastic boiler in paper manufacturing pending government clearance, reduced exposure to low-margin waste paper trading, and reported consolidated revenue of Rs 1,04,800 lakh for FY24 with EBITDA up 10.69% to Rs 5,819 lakh despite macroeconomic pressures.