Which companies are LEAP India's closest peers?

The cockpit's peer set: Xiamen Xinde (000701.SZ), Hichain Logistics (300873.SZ), TVS Supply Chain Solutions (TVSSCS.NS), Singapore Post (S08.SI), Japan Transcity (9310.T), Farglory Free Trade Zone Investment (5607.TW), China Master Logistics (603967.SS), PostNL (PNL.AS).

Is LEAP India expensive compared with its peers?

On ev / sales it trades at 8.2× against a peer median of 1.8×, 3rd most expensive of 20 in its peer set.

← CockpitCompetitor Analysis › LEAPIND.NS LEAP India LimitedOpen in the cockpit ↗

LEAP India LimitedLEAPIND.NSCompetitor analysis, valuation and peers

India · INR·Transport & Logistics›Air Freight/Couriers

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$569M

US dollars, full cap

Free float

35%

of shares outstanding

$/day

$1.84M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

-3.9 pp

WACC 11.0%

Hurdle

n/a

no reverse DCF

Next earnings

117 days

3 Mar 2027

Close · INR₹121.97

1D+0.1%

1W+4.6%

1M-17.6%

3Mn/a

6Mn/a

YTDn/a

1Yn/a

ATR %5.1%

52w lowhigh29.2% off high

What LEAP India does

Employees: 2,481

LEAP India at a glance

Size LEAP India (LEAPIND.NS) is an India Industrials company (Air Freight/Couriers) with a market value of $569M, the 792nd largest of 1,058 India companies the cockpit tracks. Shares closed at ₹121.97 on 6 Nov 2026.

Growth Revenue grew 55.8% over the last twelve months (peer median +3.7%); the operating margin is 26.8% (peer median 4.3%).

Valuation It trades at 8.2× enterprise value to sales against a peer median of 1.8× (3rd most expensive of 20).

Capital Return on invested capital runs 3.9 points below its cost of capital (11.0% WACC).

Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).

LEAP India financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	n/a	₹7.25B	₹4.65B	₹3.65B	₹2.52B
Revenue growth	—	+56%	+28%	+45%	—
Gross profit	n/a	₹3.65B	₹2.23B	₹1.90B	₹1.34B
EBITDA	n/a	₹3.69B	₹2.55B	₹2.03B	₹1.21B
Net income	n/a	₹623M	₹376M	₹372M	₹90.1M
Free cash flow	n/a	-₹2.15B	-₹991M	-₹2.25B	₹66.2M
Capital expenditure	n/a	₹3.90B	₹2.93B	₹3.26B	₹1.11B
Total debt	₹8.35B	₹11.5B	₹9.20B	₹5.72B	₹4.08B

Quarterly statements and history in the cockpit →

LEAP India competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. LEAP India is the large dot.

LEAP India competitors and peer comparison

How LEAP India compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

LEAP India against its 20 peers (data as of 6 Nov 2026)
Measure	LEAPIND.NS	Peer median	Rank in peer set
1-month return	-17.6%	-5.4%	3rd lowest of 21
Distance from 52-week high	-29.2%	-26.2%	9th lowest of 21
Revenue growth (TTM)	+55.8%	+3.7%	3rd highest of 21
Operating margin	26.8%	4.3%	2nd highest of 20
EV / Sales	8.2×	1.8×	3rd most expensive of 20
ROIC minus cost of capital	-3.9 pp	-1.2 pp	7th lowest of 19
EV / EBITDA	16.0×	9.3×	3rd most expensive of 9
Net debt / EBITDA	1.5×	2.0×	6th least indebted of 13

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
LEAP India LEAPIND.NS	India	$569M	n/a	+56%	27%	8.2×	n/a	n/a
Xiamen Xinde 000701.SZ	China	$568M	-3%	-22%	n/a	0.6×	n/a	n/a
Hichain Logistics 300873.SZ	China	$560M	-22%	+15%	14%	1.8×	3.2%	+12.1%
TVS Supply Chain Solutions TVSSCS.NS	India	$547M	-4%	+17%	2%	0.4×	14.4%	+9.7%
Singapore Post S08.SI	Singapore	$546M	-17%	-73%	3%	1.9×	n/a	n/a
Japan Transcity 9310.T	Japan	$538M	+15%	+1%	7%	0.8×	1.3%	+4.4%
Farglory Free Trade Zone Investment 5607.TW	Taiwan	$534M	0%	+30%	42%	6.2×	-2.7%	+16.8%
China Master Logistics 603967.SS	China	$644M	-11%	+11%	4%	0.4×	-12.1%	+11.4%
PostNL PNL.AS	Netherlands	$473M	-16%	+2%	1%	n/a	n/a	n/a
Shanghai Shine-Link International Logistics 603648.SS	China	$467M	-15%	+10%	11%	1.9×	-0.7%	+0.3%
HPF 300350.SZ	China	$465M	-13%	+73%	-5%	5.0×	n/a	n/a
Friend 605050.SS	China	$709M	-24%	+4%	4%	0.6×	n/a	n/a
Mahindra Logistics MAHLOG.NS	India	$443M	+5%	+20%	2%	0.6×	33.7%	+16.5%
Guangzhou Jiacheng International Logistics 603535.SS	China	$427M	-30%	-29%	-2%	4.2×	16.0%	-0.4%
Shenzhen Feima International Supply Chain 002210.SZ	China	$768M	-36%	+116%	11%	12.9×	34.5%	+1.5%
Radiant Logistics RLGT	United States	$418M	+8%	+4%	2%	0.5×	16.3%	+0.8%
Ferrari FERGR.AS	Netherlands	$780M	-4%	+3%	17%	1.7×	-2.7%	+5.0%
Sindhu Trade Links SINDHUTRAD.NS	India	$405M	-12%	-64%	2%	9.2×	n/a	n/a
Hamakyorex 9037.T	Japan	$808M	-2%	+9%	10%	0.9×	-9.0%	+5.5%
Cedar Development 002485.SZ	China	$392M	-2%	-32%	-17%	5.0×	n/a	n/a
Shenzhen Easttop Supply Chain Management 002889.SZ	China	$845M	+14%	-35%	6%	2.4×	12.0%	+6.7%

Questions

Which companies are LEAP India's closest peers?: The cockpit's peer set: Xiamen Xinde (000701.SZ), Hichain Logistics (300873.SZ), TVS Supply Chain Solutions (TVSSCS.NS), Singapore Post (S08.SI), Japan Transcity (9310.T), Farglory Free Trade Zone Investment (5607.TW), China Master Logistics (603967.SS), PostNL (PNL.AS).
Is LEAP India expensive compared with its peers?: On ev / sales it trades at 8.2× against a peer median of 1.8×, 3rd most expensive of 20 in its peer set.