Pranik Logistics

About the Company

Established in 2015, Pranik Logistics is an end-to-end Logistics solutions provider i.e. from the point of origin to the point of consumption. It is a pan India logistics provider, acting as carrying and forwarding agent and providing integrated services including transportation, warehousing, material handling, and freight forwarding to its customers in various industries such as Retail, Customer Durables, Telecom, Manufacturing, Pharma, etc. The company operates a total of 30 warehouse and manages a fleet of more than 80 commercial vehicles.

Strengths

• The company operates primarily based on an “asset-light” business model which allows flexibility and scalability in operations and high capital efficiency.
• It has obtained a license from FSSAI for facilitating the delivery of perishable goods. It adheres to quality standards as per Industry.
• The company has experienced and qualified management team with nearly decade worth of experience in the logistics industry.
• It enjoys long-standing relationships with its customers. These long-standing relationships are the result of its commitment to quality and timely delivery.

Risks

• The company relies heavily on the expertise and guidance of its directors and key managerial personnel to ensure sustained success. The loss of any of them could have a significant impact on the business.
• It does not own any technology for operating its business and relies on the technology provided by its client.
• The company depends on its top 2 customers for nearly 75% of its revenues. The loss of a major customer or significant reduction in demand from any of its major customers may adversely affect the business.
• The company does not have any single software/technology to manage our day-to-day business activities such as warehouse, inventory, transportation, and operations. Failure to manage its resources could hurt the profitability, cash flow, and liquidity.