Blue Water Logistics Limited has announced its unaudited financial results for the quarter and half year ended September 30, 2026. The board of directors met on November 6, 2026 at Banjara Hills, Hyderabad, in a meeting that began at 4:00 PM IST and concluded at 9:00 PM IST.
The filing is made under Regulation 30 and 33 of SEBI Listing Regulations and is signed by Lalit Panda, Managing Director.
Revenue Crosses ₹483 Crore In Half A Year
Revenue from operations for H1 FY27 is Rs 48,329.29 lakhs, which is approximately Rs 483.29 crore. In H1 FY26, the company had reported Rs 13,827.10 lakhs — approximately Rs 138.27 crore. That is a growth of approximately 249.6% year on year.
In just the second quarter alone — July to September 2026 — revenue stands at Rs 27,206.96 lakhs, which is approximately Rs 272.07 crore.
Profit Growth Matches Revenue Trajectory
Profit Before Tax for H1 FY27 is Rs 4,020.50 lakhs (approximately Rs 40.21 crore), compared to Rs 1,156.12 lakhs (approximately Rs 11.56 crore) in H1 FY26.
After accounting for taxes, Profit After Tax for H1 FY27 comes in at Rs 2,997.23 lakhs (approximately Rs 29.97 crore). In H1 FY26, PAT was Rs 862.82 lakhs (approximately Rs 8.63 crore). That is a growth of approximately 247% year on year.
EPS More Than Triples
Earnings Per Share for H1 FY27 is Rs 27.25 on a face value of Rs 10 per share. In H1 FY26, the EPS was Rs 8.66. The full year FY26 EPS was Rs 23.97 — the company has already surpassed that figure in just the first half of FY27.
H1 FY27 vs H1 FY26 — Key Numbers
| Metric | H1 FY27 | H1 FY26 | Growth |
|---|---|---|---|
| Revenue from Operations | Rs 483.29 crore | Rs 138.27 crore | ~249.6% |
| Profit Before Tax | Rs 40.21 crore | Rs 11.56 crore | ~247.6% |
| Profit After Tax | Rs 29.97 crore | Rs 8.63 crore | ~247.3% |
| EPS (Face Value Rs 10) | Rs 27.25 | Rs 8.66 | ~214.7% |
Q2 FY27 Standalone Numbers
| Metric | Q2 FY27 | Q2 FY26 |
|---|---|---|
| Revenue from Operations | Rs 272.07 crore | Rs 87.42 crore |
| Profit Before Tax | Rs 21.46 crore | Rs 6.94 crore |
| Profit After Tax | Rs 16.00 crore | Rs 5.10 crore |
| EPS | Rs 14.54 | Rs 5.12 |
Balance Sheet Grows Sharply
Total assets as of September 30, 2026 stand at Rs 485.90 crore, up from Rs 235.50 crore as of March 31, 2026. Trade receivables stand at Rs 223.59 crore and total equity is Rs 111.07 crore.
Warrants Approved At EGM
During H1 FY27, the company held an Extraordinary General Meeting on September 16, 2026, where it approved the issuance of 10,00,000 Fully Convertible Warrants convertible into equity shares of face value Rs 10 each at an issue price of Rs 410 per share, including a securities premium of Rs 400 per share, on a preferential basis.
What The Company Does
Blue Water Logistics Limited operates in integrated logistics — end-to-end services covering sea freight, air freight, transportation and customs house services. It operates in a single segment. The company is listed on the SME platform of NSE and is headquartered in Hyderabad, Telangana.
The company has two wholly owned subsidiaries — BWL East Africa Limited and Blue Water Logistics Vietnam Company Limited — and one associate company, Blue Water Logistics Company Limited. As of September 30, 2026, none of these entities have commenced business.