LEAP India (LEAPIND) had a P/E of 71.7× on 6 Nov 2026, above the industry P/E of 16.1×, and the shares are 29% below their 52-week high. Sales and net profit grew 42% and 91% a year over 3 years, with ROCE of 9.0% and ROE of 9.6%. Debt is 0.55× equity. It is a small-cap company with a market cap of ₹5,373 Cr, ranked 5th of 43 Integrated Freight & Logistics companies by market cap; the shares fell 16% over the past year.
- ₹121.44
- ₹123.09
- ₹118.80
- ₹121.91
- 26.7 L
Health check
- ReturnsIn line
−15.8% over a year, better than 3 of 7 peers.
- Price tagPricier
P/E 71.7 vs industry 16.1.
- GrowthStrong
Sales +42.4%, profit +90.5% a year over 3 years.
- ProfitabilityWeak
ROCE 9.0% vs peer median 11.0%.
- Balance sheetFair
Debt 0.55× equity, interest covered 1.9×, Piotroski 7 of 9.
- Red flags1 to check
P/E of 71.7 against an industry P/E of 16.1.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹5,373 Cr
- Small cap
- P/E
- 71.7
- Industry 16.1
- Price to book
- 3.34
- Peers 3.28
- Dividend yield
- 0.00%
- ROE
- 9.6%
- Peers 9.4%
- ROCE
- 9.0%
- Peers 11.0%
- Debt to equity
- 0.55
- Debt ₹835 Cr
- EPS (TTM)
- ₹1.70
- Face value ₹1
- OPM (TTM)
- 22.9%
- Net margin 9.4%
- Sales growth
- +18.2%
- Latest quarter vs a year ago
- Profit growth
- +62.0%
- Latest quarter vs a year ago
- Price to sales
- 6.76
- EV/EBITDA 16.6
Strengths and risks
Strengths
- Quarterly profit up 62.0% on a year ago.
- Quarterly sales up 18.2% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- P/E of 71.7 against an industry P/E of 16.1.
About LEAP India
LEAP India Limited provides asset pooling and supply chain solutions in India. The company offers pallet, container, crate, and material handling equipment pooling and rental services, as well as provides forklift rental services, electronic data interchange services, asset management services, collaborative transportation services, repair and maintenance services, and inventory management services. It also offers material handling equipment solutions,…
- Headquarters
- Mumbai
- Employees
- 419
- Sector
- Industrials
- ISIN
- INE00GO01025
- Website
- leapindia.net
Price range
- Avg volume (3M)
- 59.6 L
- 1-year return
- minus 15.8%
- From 52-week high
- minus 29.2%
Peers · Integrated Freight & Logistics
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DELHIVERYDelhivery | 428.00 | minus 0.48% | 32,080 | 176.9 | 3.28 | 2.6% | 1.9% | 0.1% | 13.2% | – | 0.00% | minus 11.3% |
| SHADOWFAXShadowfax Technologies | 288.25 | minus 0.88% | 16,971 | 67.3 | 8.95 | – | 17.4% | 6.2% | 43.7% | – | 0.00% | plus 162.1% |
| BLUEDARTBlue Dart Express | 4,541.30 | minus 0.76% | 10,776 | 34.8 | 6.06 | 16.9% | 14.8% | 6.7% | 5.9% | −12.6% | 0.55% | minus 28.2% |
| TCITransport Corporation of India | 861.45 | minus 1.38% | 6,485 | 14.4 | 2.37 | 18.1% | 17.7% | 7.6% | 9.1% | 12.9% | 1.16% | minus 26.1% |
| LEAPINDLEAP India | 121.97 | plus 0.05% | 5,373 | 71.7 | 3.34 | 9.0% | 9.6% | 22.9% | 42.4% | 90.5% | 0.00% | minus 15.8% |
| TVSSCSTVS Supply Chain Solutions | 117.07 | minus 1.62% | 5,174 | 80.2 | 2.54 | 9.0% | 6.0% | 2.3% | 3.3% | 42.1% | 0.00% | minus 8.2% |
| MAHLOGMahindra Logistics | 421.10 | plus 0.10% | 4,181 | 55.8 | 3.48 | – | 7.1% | 2.3% | – | – | 0.59% | plus 22.2% |
| GATEWAYGateway Distriparks | 46.98 | minus 1.14% | 2,347 | 10.0 | 1.00 | 11.0% | 9.4% | 14.8% | 15.9% | 2.1% | 4.26% | minus 25.1% |
| Median of 7 peers | – | −0.88% | 6,485 | 55.8 | 3.28 | 11.0% | 9.4% | 6.2% | 11.2% | 7.5% | 0.55% | −11.3% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Jun 26 | Sep 26 |
|---|---|---|---|---|
| 171 | 179 | 203 | 211 | |
| – | – | +19.1% | +18.2% | |
| 133 | 137 | 156 | 164 | |
| 38.3 | 41.5 | 47.6 | 47.4 | |
| 22.4% | 23.2% | 23.4% | 22.5% | |
| 9.2 | −2.5 | 10 | 4.7 | |
| 22.1 | 24.4 | 24.7 | 21.5 | |
| – | – | – | −6.8 | |
| 25.4 | 14.7 | 33 | 23.9 | |
| 25.2% | 25.2% | 25.0% | 25.4% | |
| 19 | 11 | 24.7 | 17.8 | |
| – | – | +30.3% | +62.0% | |
| 0.43 | 0.25 | 0.56 | 0.40 |
Profit & loss
- Sales CAGR 3Y
- +42.4%
- Profit CAGR 3Y
- +90.5%
- EPS CAGR 3Y
- +90.5%
- ROE
- 9.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 248 | 360 | 458 | 717 | |
| – | +45.0% | +27.3% | +56.3% | |
| 127 | 155 | 203 | 344 | |
| 122 | 205 | 255 | 373 | |
| 49.0% | 56.9% | 55.7% | 52.0% | |
| 4.6 | 3.1 | 6 | 8.7 | |
| 35.4 | 50.6 | 67.9 | 93.1 | |
| 69.8 | 91 | 125 | 175 | |
| −11.1 | −19.6 | −16.2 | −32.7 | |
| 9.8 | 46.7 | 52.1 | 80.9 | |
| 8.3% | 20.4% | 27.9% | 22.9% | |
| 9 | 37.2 | 37.6 | 62.3 | |
| – | +312.5% | +1.0% | +66.0% | |
| 0.20 | 0.84 | 0.85 | 1.42 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 43.6 | 192 | 311 | 328 | |
| 484 | 332 | 298 | 363 | |
| 408 | 572 | 920 | 1,151 | |
| 180 | 304 | 513 | 559 | |
| 1,115 | 1,400 | 2,042 | 2,401 | |
| 858 | 1,042 | 1,357 | 1,626 | |
| 0.7 | 11.4 | 11.9 | 13 | |
| 0.2 | 0.1 | 0 | 0 | |
| 12.4 | 61 | 117 | 113 | |
| 244 | 285 | 557 | 649 | |
| 1,115 | 1,400 | 2,042 | 2,401 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 153 | 149 | 255 | 268 | |
| −201 | −339 | −1,295 | −360 | |
| 34.2 | 189 | 1,021 | 71.6 | |
| −14.2 | −0.7 | −18.5 | −20.3 | |
| −111 | −326 | −293 | −390 | |
| 41.6 | −177 | −38.5 | −122 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 18.6% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.