Synopsis:
Iware Supplychain Services Limited signed two agreements, including a three-year Carrying & Forwarding Agent contract with Bunge India, enhancing its warehousing, storage, and distribution capabilities from October 2025.
During Wednesday’s trading session, shares of a pan-India integrated logistics company hit a 5 percent upper circuit to a record high of Rs. 157.65 on NSE, after entering into two different agreements for warehousing, transport and other services.
At 11:06 a.m., the shares of Iware Supplychain Services Limited were trading in the green at Rs. 152 on BSE, up by around 1.5 percent, as against its previous closing price of Rs. 150.15, with a market cap of Rs. 163 crores.
What’s the News
According to the latest regulatory filings with the NSE, Iware Supplychain Services Limited has announced the signing of two separate agreements for warehousing, transport and other services.
The first agreement is a transport services contract with Gujarat Tea Processors & Packers Limited (Wagh Bakri Group), Ahmedabad, effective from 1st October 2025. Under this contract, the company will provide transport and logistics services for dispatching goods from Aslali Warehouse (Gujarat) to Hyderabad.
The contract is valid from 1st October 2025 to 31st March 2026, with the possibility of extension upon mutual consent. Pricing for the contract is based on fixed MT rates per trip, subject to adjustments for fuel price variations as per agreed terms.
The second agreement is a Carrying & Forwarding Agent Agreement with Bunge India Private Limited, appointing Iware Supplychain Services Limited as its official agent for warehousing, storing, and dispatch of Bunge’s edible oil, fats, vanaspati, margarine, cocoa powder and bakery shortening products and related items.
This agreement will be effective from 1st October 2025 through 30th September 2028, unless terminated earlier in accordance with its terms. The partnership is expected to significantly strengthen Iware’s warehousing and distribution capabilities, enhancing its service portfolio with a reputable client in the industry.
The agreement has been structured on mutually agreed terms, incorporating fixed charges for manpower, handling, and service components, and is subject to applicable taxes and other conditions.
Financials & More
In FY25, Iware Supplychain reported a revenue from operations of Rs. 86 crores, a significant growth of around 46 percent YoY from Rs. 59 crores in FY24. Similarly, the company’s net profit during the same period stood at Rs. 8 crores, representing an impressive rise of over 90 percent YoY from Rs. 4.2 crores.
Iware Supplychain Services Limited offers a diversified range of services across five key segments: (i) Warehousing, including Third-Party Logistics (3PL) and Carrying & Forwarding Agent services; (ii) Transportation, also encompassing Carrying & Forwarding Agent operations; (iii) Rake Handling Services; (iv) Business Auxiliary Services; and (v) Rental Income. The company’s shares were listed on the National Stock Exchange of India Limited’s EMERGE Platform (NSE EMERGE), with trading commencing on 6th May 2025.
Written by Shivani Singh
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