DRS Dilip Road lines Ltd (Agarwalpackers.in) makes a strong debut on NSE-Emerge

About the Company:

DRS Dilip Road lines Ltd is engaged in the business of providing high quality logistics services including transportation, packing & moving and renting of warehouses.

Company is surface transporter and provide only goods transportation services. They provide Full truck loaded ‘FTL’ services to all their customers for transporting goods.

Company also owns warehouses in South India. They have currently rented their warehouses to some of the major Corporates. Company has tie ups with some of the major corporate houses for their transporting services.

Company is an ISO 9001:2015 certified Company for providing Quality Management System in the field of Packers, Movers and Logistics.

As on July 15, 2018, they operate and own a fleet of 327 trucks in the name of the Company and have capacity to hire 649 vehicles.

Agarwal Packers and Movers (Brand Name)

Company’s packing and moving business is carried under brand name of ‘Agarwal Packers and Movers’ which has become renowned name in household relocation across the country. Further, the brand ‘Agarwal Packers and Movers’ is not owned by the Company. Also, it is used by their relatives.

“Agarwal Packers and Movers” tradename is with both families / groups and the dispute over the use of this tradename has not reached any conclusion. Hence, Company continues to operate the packing and moving business under the brand Agarwal Packers and Movers.

Company’s Business Verticals:

• Transportation Services.
• Packers and movers.
• Renting of Warehouses.

Company’s Revenue from Operations: (FY 2018)

  • 35.16% from Household Services.
  • 62.26% from Commercial Services.
  • 2.58% from Warehouse Renting Services.

CHAPP VAN:

For packing and moving services Company owns composite container vehicle specially designed to suit the household shifting called ‘CHAPP VAN’ (Car, Households, Artifacts, Plants and Pets).

This new-concept composite container vehicle supports transport of Car, Household, Artifacts, Plants and Pets all in one i.e. there is space demarcated for each and every item and ensures better safety and ease of handling varied items.

There is also provision for one person to travel with the vehicle, in case the customer so desires. Our brand Agarwal Packers and Movers (DRS Group) has been recognized by Limca Books of Records, for CHAPP VAN.

Company entered the World Book of Records for Conceptualizing Innovative Van Design for Household Shifting in 2018.

PAN India Presence:

Company is an established name in the transportation industry in India with over 9 years of operations.

They are a Pan-India surface logistics service provider and packers and movers.

Company’s operations from logistics and packing & moving span across various states, covering all the regions across India. However,the Warehousing business is widely based in Southern India. Following are the regions where company has its presence:

pan india presence

Management Team:

  1. Mr. Dayanand Agarwal (Designation: Chairman & Managing Director)
  2. Mr. Sugan Chand Sharma (Designation: Whole Time Director)
  3. Mrs. Shamantha Dodla (Designation: Non Executive Director)

Positives for the Company:

Large fleet of owned vehicles.

As of July 15, 2018 our transportation fleet included 327 owned trucks comprising of open and closed trucks having different loading and carrying capacities.

Further, they have association with many third party transportation and equipment rental service providers thereby providing them access to the additional required trucks.

With easy access to such a large fleet of equipment, Company was able to take up and execute large orders and serve large sized companies. They have been regularly catering to some of the recognized MNC`s and Public Limited Companies throughout their business verticals.

Strong Customer Base:

Company has strong customer base. Company’s top 10 customers for the Financial Year 2017-18 include MRF Limited, Paragon Polymer Products Private Limited, ITC Limited, Canon India Private Limited, Jindal Fibres Private Limited, Avon Meters Private Limited, J.K. Tyres & Industries Limited, ITC Limited, Ultra Tech Cement Limited, Manav energy Private Limited.