CJ Darcl Logistics expects to maintain its revenue growth momentum after achieving approximately 10% compound annual growth rate (CAGR) over recent years. According to Nikhil Agarwal, president of CJ Darcl Logistics, the company reported revenue of around ₹5,600 crore in fiscal year 2026 (FY26). The logistics firm, backed by South Korea's CJ Logistics Corporation, attributes the expected continuation in growth momentum to India's manufacturing growth, exports and industrial demand, along with government initiatives aimed at promoting industrial activity.
The company is preparing to launch a marketplace for small fleet operators that will provide truckers access to technology and multiple products through a one-stop solution. As reported by Business Standard, CJ Darcl caters to a pool of around 8-10 lakh truckers, with approximately 2-2.5 lakh new trucks getting engaged with the company annually. The marketplace will also provide accounting solutions, including a digital khata book, to help truckers understand costs arising from idling, commissions and other factors.
The second focus area involves sustainability, where CJ Darcl is working on alternative fuels and electric vehicles. According to Agarwal, an electric vehicle is currently around three times more expensive than a 55-tonne diesel truck, which is the largest truck category in India. The company plans to invest in EVs where customer contracts make the proposition financially viable and is working to develop alternative-fuel solutions.
CJ Darcl currently operates around 2.78 million square feet of warehousing space across India as of FY26, with the business growing at approximately 70-80% annually over the past two to three years. The company has added e-commerce and quick-commerce warehousing and distribution to its portfolio and has already onboarded some clients. In FY25, the company transported 22.42 million tonnes of cargo, with road remaining its core business while also operating rail and coastal logistics.
On demand, Agarwal noted that metals and minerals have seen some slowdown, while FMCG has remained broadly at par. Higher crude prices have pushed up diesel prices, affecting logistics costs and freight rates, though the impact is already visible particularly in long-haul segments. Regarding its proposed IPO, Agarwal confirmed that the company's draft red herring prospectus (DRHP) has been filed and approved, with the issue subject to market conditions and banker work. CJ Logistics will not be a selling shareholder in the IPO.
