Gateway Distriparks (GDL) announced its Q3 FY26 results, highlighted by achieving a net debt-free position for the first time. The company declared a special interim dividend of Rs. 1.25 per share, in addition to a regular interim dividend of Rs. 0.75 per share. GDL is expanding its ICD network with a new facility in Indore and has commenced operations at its MMLP in Ankleshwar.
Key Highlights
Gateway Distriparks (GDL) has achieved a significant milestone by becoming net debt-free for the first time in its operational history. The company’s Q3 FY26 results reflect this financial strength, allowing for increased shareholder returns.
Dividend Announcement
Recognizing its strong financial performance, the Board has declared a second interim dividend for FY26 of Rs. 0.75 per share. In addition, a special interim dividend of Rs. 1.25 per share was announced, marking a one-time distribution to shareholders. This special dividend recognizes the company’s achievement of a net debt-free status after 30 years since acquiring land for its first facility.
Expansion and Infrastructure
GDL is actively expanding its network. Key developments include:
- Acquisition of approximately 25 acres of land near Pithampur, Indore, for a new Inland Container Depot (ICD), with a planned capacity of approximately 120,000 TEUs p.a., and a capital expenditure of Rs. 150 crore.
- Commencement of operations at the Multi-Modal Logistics Park (MMLP) in New Ankleshwar in October 2025.
- Plans to swap leases of 3 old model rakes for new, higher-capacity, higher-speed rakes, to be implemented by March 31, 2026.
- Purchase of 3 new higher capacity higher speed rakes, expected to be delivered by May 31, 2026.
Financial Performance (Consolidated)
The consolidated financial results for Q3 FY26 show:
- Total Income: Rs. 566 crore.
- EBITDA: Rs. 128 crore.
- Profit After Tax (PAT): Rs. 67.2 crore.
Note: The results include Snowman Logistics becoming a subsidiary from December 24, 2024.
Source: BSE
