Logistics Sector in India Current Scenario and Financial Outlook

Abstract

The article looks into the status of logistics sector in India. The article highlights the impediments to the growth of the sector in India and the potential benefits the Industry is likely to receive post the conferment of Infrastructure status to this sector. To substantiate the study, the paper investigates the financial performance of logistics companies listed in BSE for a period of five years between 2013 and 2017. A select set of ratios viz., current ratio, long term debt ratio, fixed assets turnover ratio and return on capital employed were analysed and it was found that the performance of the companies was found to be satisfactory. The study concludes that the logistics sector is poised for a growth with the advent of infrastructure status, the financial performance of the companies is expected to improve in the days to come.