JFJet Freight Logistics543420Earnings call transcript

First earnings call: retail courier, cold-chain parcels and ocean freight flagged as growth areas

Jet Freight Logistics has put its Q2 & H1 FY27 earnings call transcript on record — its first earnings conference call.

By ScoutQuest · Mon 2 Nov 2026, 12:38 PM IST · 2 min read

Shareholders

close to about 20,000 shareholders

Locations

14 locations

Global industry size

$6.72 trillion in 2026, reaching almost $8.84 trillion by 2032

What the update is

Jet Freight Logistics has put on record the transcript of its Q2 & H1 FY27 earnings call, held on 29th October 2026 at 4:00 PM IST. Representing the company were Richard Theknath, Chairman and Managing Director, and Deepak Kacha, CFO. This was the company's first earnings conference call.

The business as described

• Freight forwarding began in 1986; the company is in its 40th year.
• Verticals listed: courier, e-commerce, air freight, ocean freight, rail transportation, surface transportation and customs clearance.
• Two custom house agents are licensed in the business.
• Surface transportation is always outsourced; the company works on an asset-light model and says it does not own assets.
• Close to about 20,000 shareholders, 14 locations and close to about 250 employees.
• Management said it can handle almost 95% of commodities by air and by sea, inbound and outbound.
• Peers named on the call: DHL, UPS and FedEx.

Growth levers management flagged

• Retail Courier: started this month, reaching out to small businesses and end consumers sending parcels abroad. Management expects it to be a good revenue earner in time to come, helped by existing wholesale rates and a wide location network in India.
• Cold chain for very small parcels: management said it is planning to start a temperature-controlled courier where it handles packaging, pickup and delivery for the customer.
• Ocean freight: to be grown in bulk. Management cited a very large market and said rates and margins have increased.
• 2PL to 4PL: the company says it has transitioned from 2PL to 4PL and expects those revenues to increase as it books the entire file from pickup to drop, including warehousing and road transportation.
• Specialised cargo: dangerous goods, odd-dimension and time-sensitive shipments, where management says margins are better, with a dedicated team for dangerous goods.
• Technology: operations largely run on software that is currently outsourced, alongside an in-house technology team building complementary tools.

Industry snapshot shared

Management put the global industry size at $6.72 trillion in 2026, and said it will reach almost $8.84 trillion by the end of 2032.

How to read it

The transcript sets out the business model and the areas management wants to grow. Retail courier is described as already started this month, the cold chain parcel service as being planned, and the ocean freight push and the revenue expectations as intentions for time to come. The call carried a note that some statements are forward-looking, subject to risks and uncertainties, and that actual results may differ.

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