5 Under the Radar Logistics and Supply Chain Stocks Flying Past the Usual Names in India

5 Logistics and Supply Chain stocks under the radar: CMP range Rs 82-528. Highest ROE 18.0% (Redington). Lowest D/E 0.20. Data: 23 August 2026.

India offers far more logistics stocks than the three or four most-followed names in any given sector. This article identifies five logistics stocks that receive comparatively lower institutional research attention than the largest-cap peers. Each of these logistics stocks is evaluated on publicly available fundamental data.

Click Here – Get Free Investment Predictions

How We Selected These Under-the-Radar Logistics and Supply Chain Stocks

The five companies below were selected on the following basis:

• Sector relevance: Each company operates meaningfully in the logistics sector with an established business presence.
• Market capitalisation: The list focuses on smallcap and midcap companies. However, market cap alone is not the definition of “under the radar”. Several mid-cap companies receive extensive coverage while smaller ones do not.
• Institutional coverage and visibility: “Under the radar” refers to comparatively lower analyst coverage, media attention, and investor awareness relative to the sector’s largest and most widely followed names. This is a qualitative assessment based on general market observation.
• Financial characteristics: Each company shows at least one financial characteristic worth evaluating, such as a notable ROE, low leverage, or a specific PE profile relative to its business stage.

Data note: All market data , CMP, market cap, PE, ROE, D/E, and 52-week range , is based on publicly available NSE and BSE data as of 23 August 2026. Investors should verify all figures before making any decision. This selection is for educational and research purposes only.

What Are Under the Radar Logistics Stocks in India?

Logistics stocks are smallcap and midcap companies operating in the logistics sector that are not among the most-followed names tracked by large institutional brokerages. These logistics stocks may have solid fundamentals but receive fewer dedicated research notes, consensus price targets, or media coverage than their larger peers.

Identifying logistics stocks requires scanning beyond the top ten holdings of major logistics sector mutual funds and ETFs. Companies that become logistics stocks on institutional radars often do so because their size falls below the minimum threshold that large portfolio managers can deploy capital into. This structural gap, not necessarily a business quality gap, is why these logistics stocks remain under the radar.

5 Logistics and Supply Chain Stocks Flying Under the Radar in India

The five logistics stocks below were selected as worth placing on a research watchlist, not as definitive buy recommendations. Each logistics stocks has a different risk-return profile and should be evaluated independently against an investor’s own criteria and risk appetite.

Data as of 23 August 2026. Source: NSE/BSE public disclosures. Verify before investing.

1. Snowman Logistics (SNOWMAN): Relatively Under-Followed Compared With Sector Leaders

Snowman Logistics is India’s largest temperature-controlled logistics company, operating cold chain warehousing, refrigerated transport, and blast freezing services for food companies, quick commerce platforms, and pharmaceutical companies. Snowman Logistics is one of the logistics stocks covered here, currently trading at Rs 82.0, with a market cap of Rs 1,490 crore and a 52-week range of Rs 62.0 to Rs 103.0. This logistics stocks is evaluated on publicly available NSE and BSE data.

Key Metrics to Note

A PE of 40.00 is above the broader market average. At this level, the market is embedding expectations of continued earnings growth, making execution consistency an important factor to watch. ROE of 8.00% is below the 12-15% threshold many investors use as a quality filter. This warrants scrutiny of whether the business is in an investment phase or facing structural profitability constraints. D/E of 0.40 reflects moderate leverage. Rising interest costs can weigh on net margins if not offset by revenue growth.

Why It Receives Comparatively Lower Coverage

Snowman holds dominant cold chain infrastructure with 40+ temperature-controlled warehouses across India. As quick commerce platforms scale, demand for city-level cold chain facilities has grown substantially, and Snowman is one of the few companies with the infrastructure and food safety certifications to serve this segment.

As a logistics stocks, Snowman Logistics sits in a segment of the logistics sector where dedicated research is less common than among the largest-cap peers. Investors tracking logistics stocks should add this company to their research watchlist only after verifying data on NSE or BSE.

Key Risk

Key Risk for this logistics stocks: Cold chain infrastructure is capital-intensive with long payback periods. Rising electricity costs for refrigeration directly increase operating expenses without an immediate pricing offset, given the contractual nature of cold storage agreements. Cross-verify risks among all logistics stocks before drawing conclusions.

2. Aegis Logistics (AEGISLOG): Relatively Under-Followed Compared With Sector Leaders

Aegis Logistics provides LPG and petroleum logistics services, operating liquid chemical terminals, gas terminals, and LPG distribution infrastructure at ports across Mumbai, Kandla, and Pipavav, serving oil marketing companies and industrial gas users. Aegis Logistics is one of the logistics stocks covered here, currently trading at Rs 528.0, with a market cap of Rs 9,100 crore and a 52-week range of Rs 402.0 to Rs 658.0. This logistics stocks is evaluated on publicly available NSE and BSE data.

Key Metrics to Note

A PE of 20.00 sits in a moderate range. Investors should compare this against the sector PE to assess whether the stock trades at a premium or discount to peers. ROE of 15.00% sits at a reasonable level. Tracking whether this has been improving or declining over recent quarters provides a more complete picture. D/E of 0.30 reflects low leverage, providing financial flexibility in varied interest-rate environments.

Why It Receives Comparatively Lower Coverage

Aegis’ LPG terminal infrastructure at Kandla and Pipavav ports handles a regulated commodity with government-driven demand insulated from consumer discretionary cycles. As India’s LPG import volumes remain structurally high under the Ujjwala scheme, Aegis’s terminal throughput grows without additional sales effort.

As a logistics stocks, Aegis Logistics sits in a segment of the logistics sector where dedicated research is less common than among the largest-cap peers. Investors tracking logistics stocks should add this company to their research watchlist only after verifying data on NSE or BSE.

Key Risk

Key Risk for this logistics stocks: Aegis is dependent on port terminal licensing and regulatory approvals for its infrastructure operations. Any change in import duty structure on LPG or a shift in oil marketing company logistics strategy could affect terminal utilisation significantly. Cross-verify risks among all logistics stocks before drawing conclusions.

3. Navkar Corporation (NAVKAR): Relatively Under-Followed Compared With Sector Leaders

Navkar Corporation operates container freight stations (CFS) and logistics parks in Vapi, Bhiwandi, and other locations in Maharashtra, serving as the last-mile logistics infrastructure for import-export cargo from Nhava Sheva port. Navkar Corporation is one of the logistics stocks covered here, currently trading at Rs 173.0, with a market cap of Rs 2,250 crore and a 52-week range of Rs 132.0 to Rs 224.0. This logistics stocks is evaluated on publicly available NSE and BSE data.

Key Metrics to Note

A PE of 15.00 sits in a moderate range. Investors should compare this against the sector PE to assess whether the stock trades at a premium or discount to peers. ROE of 8.00% is below the 12-15% threshold many investors use as a quality filter. This warrants scrutiny of whether the business is in an investment phase or facing structural profitability constraints. D/E of 0.50 reflects moderate leverage. Rising interest costs can weigh on net margins if not offset by revenue growth.

Why It Receives Comparatively Lower Coverage

Navkar’s CFS infrastructure adjacent to India’s largest port (Nhava Sheva) benefits from all import-export volume growth at the port. Every container cleared through Nhava Sheva requires CFS services, giving Navkar a structural volume link to India’s growing trade volumes.

As a logistics stocks, Navkar Corporation sits in a segment of the logistics sector where dedicated research is less common than among the largest-cap peers. Investors tracking logistics stocks should add this company to their research watchlist only after verifying data on NSE or BSE.

Key Risk

Key Risk for this logistics stocks: CFS businesses face competition from JNPT’s expanded direct port delivery programmes, which reduce cargo dwell time at external CFS facilities. As technology-enabled port clearance improves, CFS utilisation rates may gradually decline over the medium term. Cross-verify risks among all logistics stocks before drawing conclusions.

Use the Univest Screener to Compare Live Logistics and Supply Chain Stocks by PE, ROE and Debt

4. TVS Supply Chain Solutions (TVSSCS): Relatively Under-Followed Compared With Sector Leaders

TVS Supply Chain Solutions provides integrated supply chain management including warehousing, transportation, packaging, and value-added services to manufacturing companies and e-commerce platforms, backed by the TVS Group. TVS Supply Chain Solutions is one of the logistics stocks covered here, currently trading at Rs 355.0, with a market cap of Rs 6,600 crore and a 52-week range of Rs 275.0 to Rs 455.0. This logistics stocks is evaluated on publicly available NSE and BSE data.

Key Metrics to Note

A PE of 30.00 is above the broader market average. At this level, the market is embedding expectations of continued earnings growth, making execution consistency an important factor to watch. ROE of 12.00% sits at a reasonable level. Tracking whether this has been improving or declining over recent quarters provides a more complete picture. D/E of 0.40 reflects moderate leverage. Rising interest costs can weigh on net margins if not offset by revenue growth.

Why It Receives Comparatively Lower Coverage

TVS Supply Chain Solutions’ TVS Group parentage provides credibility and access to large manufacturing sector clients who prefer supplier relationships with established corporate groups. Its warehouse management technology platform differentiates it from asset-only logistics operators.

As a logistics stocks, TVS Supply Chain Solutions sits in a segment of the logistics sector where dedicated research is less common than among the largest-cap peers. Investors tracking logistics stocks should add this company to their research watchlist only after verifying data on NSE or BSE.

Key Risk

Key Risk for this logistics stocks: 3PL businesses have thin EBITDA margins and are sensitive to fuel cost volatility. Client concentration risk is also meaningful, since losing a single large manufacturing account would materially impact revenue and warehouse utilisation. Cross-verify risks among all logistics stocks before drawing conclusions.

5. Redington India (REDINGTONIN): PE of 12.0, Relatively Under-Followed Sector Player

Redington India is one of Asia-Pacific’s largest technology products distributors, providing supply chain and distribution services for Apple, HP, Dell, Samsung, and 200+ technology brands across India, the Middle East, Africa, and Turkey. Redington India is one of the logistics stocks covered here, currently trading at Rs 224.0, with a market cap of Rs 17,500 crore and a 52-week range of Rs 170.0 to Rs 279.0. This logistics stocks is evaluated on publicly available NSE and BSE data.

Key Metrics to Note

A PE of 12.00 indicates a relatively modest earnings multiple. Whether this represents a discount to sector peers should be validated against the current sector PE on NSE or BSE. ROE of 18.00% sits at a reasonable level. Tracking whether this has been improving or declining over recent quarters provides a more complete picture. D/E of 0.20 reflects low leverage, providing financial flexibility in varied interest-rate environments.

Why It Receives Comparatively Lower Coverage

Redington’s ROE of 18% at PE 12 offers one of the best value-to-quality combinations in the logistics sector. Its Apple distribution partnership in India and the Middle East gives it a premium technology distribution franchise in the fastest-growing global smartphone market.

As a logistics stocks, Redington India sits in a segment of the logistics sector where dedicated research is less common than among the largest-cap peers. Investors tracking logistics stocks should add this company to their research watchlist only after verifying data on NSE or BSE.

Key Risk

Key Risk for this logistics stocks: Technology distribution margins are thin and subject to vendor pricing actions. Apple’s increasing direct-to-consumer investment in India could gradually reduce the premium distributor’s share of iPhone channel value over the medium term. Cross-verify risks among all logistics stocks before drawing conclusions.

Download the Univest iOS App or Univest Android App to track live logistics and supply chain prices and get daily research.

Quick Comparison: 5 Under-the-Radar Stocks at a Glance

The table below summarises each company’s standout attribute and primary risk for quick reference. This is a research shortlist, not a ranking.

Why Do These Logistics and Supply Chain Stocks Receive Comparatively Lower Coverage?

Lower trading volumes further reduce interest from momentum traders, keeping news flow consistently thin. Historically, some of India’s strongest multi-year compounding has originated from exactly this kind of overlooked ground , when a cycle shift or earnings re-rating forces the broader market to reassess what the fundamentals already indicated. That said, low coverage is neither a guarantee of outperformance nor a signal of undervaluation on its own.

What Factors Should Investors Evaluate in Logistics Lesser-Known Logistics and Supply Chain Stocks?

• Return on equity: Look for ROE consistently above 12-15% across multiple reporting periods, not just peak-cycle years. High and consistent ROE signals capital efficiency that PE screens alone cannot capture.
• Debt-to-equity ratio: Low D/E provides operational runway to survive a difficult year without equity dilution or asset sales. A D/E below 0.30 is generally considered low leverage for non-financial companies.
• PE relative to sector PE: A discount to sector PE is only meaningful if business quality supports the comparison. Always check the current sector PE on NSE or BSE and pair this with ROE and D/E data.
• Revenue and profit growth: Consistent revenue growth over three to five years is more meaningful than a single strong year. Check the quarterly results section on NSE (nseindia.com) for the complete trend.
• Promoter holding: Stable or increasing promoter holding often signals confidence in the business outlook. Significant promoter selling should prompt additional scrutiny. Check the latest shareholding disclosure on NSE or BSE before investing.
• Consistency over multiple years: A single exceptional year of high ROE or low D/E can be misleading. Look for patterns across 3-5 years of annual reports. Companies with consistent financial characteristics tend to be structurally sound rather than cyclically lucky. Annual reports are available on the respective company investor relations pages and on NSE and BSE.

Key Risks to Evaluate in Under-the-Radar Logistics and Supply Chain Stocks

• Valuation compression: Several stocks on this list carry PE multiples above 40x, embedding growth expectations that require consistent execution. Any earnings miss against these expectations can cause disproportionate share-price corrections.
• Low trading liquidity: Smallcap logistics and supply chain stocks can move sharply on modest volumes. Building or exiting a large position without meaningful market impact can be challenging in lower-volume names.
• Input-cost inflation: Many logistics and supply chain companies face raw material cost volatility. A sudden spike in input prices without the pricing power to pass through costs can rapidly compress margins.
• Earnings cyclicality: Smallcap companies tend to deliver less stable quarter-on-quarter earnings growth than large caps. Investors must be prepared for wider swings in reported profits, sometimes within the same financial year.
• Competitive intensity: Larger sector players with established distribution, brand recall, and balance-sheet strength can pressure smaller companies’ market share in a downturn.

How to Research and Invest in Logistics Stocks in India

Start with the business model. Each of the five companies on this list operates differently, and position sizing should reflect the specific risk-return profile of each rather than treating them as a uniform group.

Verify independently. All figures in this article are based on publicly available NSE and BSE data as of 23 August 2026. Always check the latest quarterly results, annual reports, and shareholding disclosures on nseindia.com or bseindia.com before investing.

Use a screener to compare. The Univest Screener allows investors to apply PE, ROE, and D/E filters on live market data to build a comparison shortlist across the logistics and supply chain sector.

Diversify across names where relevant. Concentrating entirely in one smallcap logistics stocks amplifies single-stock event risk. Spreading exposure across two or three names where the thesis is independently sound reduces that risk meaningfully. Consult a SEBI-registered investment advisor to align any investment with your personal financial goals.

Track earnings trends, not just a point-in-time snapshot. The metrics shown in this article reflect data as of 23 August 2026. These figures will change with each quarterly result. Building a simple trend view across three to five recent quarters tells you far more about business direction than any single set of current figures. NSE’s quarterly results archive is a free, comprehensive primary source for this data. Combine it with the company’s own investor presentations where available.

Key Takeaways on Logistics Stocks

• The five logistics stocks covered here represent a range of market caps and business models within the logistics sector.
• Each of these logistics stocks has been selected based on publicly available fundamental data as of 23 August 2026.
• Investors researching logistics stocks should verify all figures on NSE or BSE directly before making any decision.
• The logistics sector has more depth than the top three names. These logistics stocks are the starting point for broader exploration.
• No logistics stocks selection is permanent. Review the thesis quarterly as new fundamental data becomes available.

Conclusion

The five logistics stocks companies covered in this article , Snowman Logistics (PE 40.0), Aegis Logistics (PE 20.0), Navkar Corporation (PE 15.0), TVS Supply Chain Solutions (PE 30.0), and Redington India (PE 12.0) , each present a distinct profile. They are not identical in their risk-return characteristics, their stage of development, or the reason they receive comparatively lower institutional attention. Investors researching logistics stocks in India should evaluate each company independently using its own financial history, management track record, and position within the sector before drawing any conclusion.

None of the companies in this article are presented as buy recommendations. The logistics sector carries market, operational, and valuation risks that affect each of these five companies differently. Please consult a SEBI-registered investment advisor before making any investment decision.

Frequently Asked Questions on Under the Radar Logistics Stocks

Which logistics stocks are flying under the radar in India?

Ans. Five logistics stocks that receive comparatively lower institutional coverage in India are Snowman Logistics, Aegis Logistics, Navkar Corporation, TVS Supply Chain Solutions, and Redington India. Each has a different fundamental profile. Treating these logistics stocks as research starting points, not buy signals, is advisable. Verify all data on NSE or BSE before investing.

Are smallcap logistics stocks suitable for long-term investment?

Ans. Smallcap logistics stocks can offer higher potential returns than large-cap peers in a favourable cycle, but they also carry greater risks: lower liquidity, limited analyst coverage, and higher earnings volatility. Each of the five stocks covered here should be evaluated on its own financial merits and risk profile. Consult a SEBI-registered advisor before investing.

What are the key metrics to check in logistics stocks?

Ans. Key metrics include PE ratio (compared against the current sector PE on NSE or BSE), ROE (ideally above 12-15% consistently), D/E ratio (lower is generally safer for non-financial companies), revenue growth trend, and promoter holding. No single metric should be used in isolation.

Is Snowman Logistics a good stock to research?

Ans. Snowman Logistics has a PE of 40.00 and an ROE of 8.00%, with a D/E of 0.40 and a 52-week range of Rs 62.0 to Rs 103.0. These metrics are worth evaluating against the sector average and the company’s own historical performance. Verify all data on NSE before investing.

What distinguishes Aegis Logistics from larger logistics and supply chain companies?

Ans. Aegis Logistics operates with a D/E of 0.30 and an ROE of 15.00%. Aegis’ LPG terminal infrastructure at Kandla and Pipavav ports handles a regulated commodity with government-driven demand insulated from consumer discretionary cycles. As India’s LPG import volumes r. Investors should verify all claims through company disclosures on NSE before investing.