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Gateway Distriparks Ltd.

BSE: 532622 Sector: Others
NSE: GDL ISIN Code: INE852F01015
BSE 00:00 | 20 Sep 250.50 -10.65
(-4.08%)
OPEN

260.75

HIGH

261.15

LOW

248.10

NSE 00:00 | 17 Sep 262.40 0
(0.00%)
OPEN

257.95

HIGH

265.05

LOW

246.00

OPEN 260.75
PREVIOUS CLOSE 261.15
VOLUME 14944
52-Week high 325.20
52-Week low 84.15
P/E 34.46
Mkt Cap.(Rs cr) 3,127
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 260.75
CLOSE 261.15
VOLUME 14944
52-Week high 325.20
52-Week low 84.15
P/E 34.46
Mkt Cap.(Rs cr) 3,127
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Gateway Distriparks Ltd. (GDL) - Chairman Speech

Company chairman speech

Dear Shareholders

I am pleased to present the Annual Report to you for the financial year ending 31stMarch 2021. Despite the problems faced by the global economy due to the pandemic andrestrictions related to lockdowns our group companies have provided uninterruptedservices as they were deemed essential services by the government and we have been ableto deliver.

In FY 2020-21 the Revenue of the Group was Rs. 1416 crores as against Rs. 1532crores in the previous year. EBITDA increased to Rs. 386 crores from Rs. 380 crores whileProfit After Tax (before minority interest) for the group was Rs. 100 crores as againstRs. 99 crores during FY 2019-20. During the year the Group achieved throughput of 5.69lakh TEUs as against 6.52 lakh TEUs in FY 2019-20. There was a sharp revival in the EXIMtrade in the second half of FY 2020-21 resulting in sharp increase in volumes in both CFSand Rail business. We have paid interim dividend of Rs. 4 per share for FY 2020-21 (FY2019-20 Rs. 4.50 per share).

The Company continues to remain a market leader in each of its segments. The CFSbusiness has stabilized and expected to slightly improve we now offer end to end solutionbased services allowing for just-in-time deliveries. GatewayRail continues to be theleader in Private Container Train Operators providing inter-modal rail transportationservice for EXIM containers between its rail-linked ICDs at Gurgaon Ludhiana Faridabadand Viramgam and maritime ports at Nhava Sheva Mundra and Pipavav. The Rewari-Madarsection of the WDFC (Western Dedicated Freight Corridor) was inaugurated in the first weekof January 2021 and our terminals are aligned with the WDFC which has started to bring inincreased operating efficiency in the North-West corridor due to reduction of transit timeand higher double stacking of containers leading to further improvement in servicequality to the customers. This will enhance further as each new segment of the WDFC isoperational.

Snowman Logistics has a pan-India presence that offers comprehensivetemperature-controlled warehousing transportation and distribution services havingwarehousing capacity to 107450 pallets on a pan India basis. The demand for high qualityinfrastructure is increasing tremendously especially for pharma and eCommerce productsand we see big expansion opportunities in this sector.

With our network ready infrastructure and alignment with the Western Dedicated FreightCorridor we are well positioned to capture the growth once there is an improvement in themacro economic factors.

Note of Thanks

I wish to thank all our stakeholders - shareholders investors bankers customersvendors and employees for their continued support.

I would also like to thank all the Board Members for their invaluable contribution. Inparticular I would like to convey our sincere gratitude to two of our IndependentDirectors - Mr. Bhaksar Reddy who retired from the Board on 30 April 2021 and Mr.Shabbir Hassanbhai who is retiring from the Board on 21 September 2021. They both tooktheir Board duties with unmatched dedication and have been an integral part of yourCompany's achievements over the years.

Regards

Prem Kishan Dass Gupta

Chairman & Managing Director

.