Jayesh Logistics Limited has secured a two-year transportation contract worth approximately ₹26.88 crore from Steel Authority of India Limited (SAIL), through its Central Marketing Organisation’s Eastern Region.
The contract involves road transportation of steel from IISCO Steel Plant to Delhi and Visakhapatnam under SAIL’s Long-Term Transportation Contract (LTC-26). Operations are scheduled to commence on October 1, 2026.
The contract covers indicative quantities of 2,000 metric tonnes for each route, at freight rates of ₹3,320 per tonne for shipments to Delhi and ₹2,280 per tonne for shipments to Visakhapatnam. The quantities may vary according to SAIL’s requirements, with provision for a 50% increase in quantity or duration under the tender terms.
The estimated contract value of ₹26.88 crore is based on indicative quantities and excludes taxes. Actual transportation volumes will depend on SAIL’s requirements and the terms of the contract.
What this means for Jayesh Logistics
- Estimated monthly billing: ₹1.12 crore, assuming the indicative volumes are monthly and fully utilised.
- Estimated annual billing: ₹13.44 crore under the same assumption.
- Revenue visibility: The two-year contract offers potential recurring transportation revenue, subject to SAIL’s actual requirements.