Zinka Logistics Solutions Limited — Investor Meet, 31-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Zinka Logistics Solutions reported FY25 gross revenues of INR462 Cr, up 46% YoY, with a steady ~93% contribution margin driving adjusted EBITDA to INR139 Cr, a 10x rise. Monthly active transacting truck operators grew 21% to 7.2 lakh, with multi-service users up 32% YoY. Payments GTV rose 35% to INR23,000 Cr. Tolling and telematics form 85% of revenues, with tolling market share rising from 37% to 45.5%. Growth areas like fuel sensors and load brokerage expanded, the latter now in five hubs led by Bangalore. Management emphasized strong operating leverage from recurring revenues and 10,000+ distribution points across 85% of districts. The new PPI license supports full payment control. Overall sentiment is confident on profitable scaling and market share gains.