Which companies are Sindhu Trade Links's closest peers?

The cockpit's peer set: Radiant Logistics (RLGT), Cedar Development (002485.SZ), Guangzhou Jiacheng International Logistics (603535.SS), Mahindra Logistics (MAHLOG.NS), Bondex Supply Chain Management (603836.SS), HPF (300350.SZ), Shanghai Shine-Link International Logistics (603648.SS), PostNL (PNL.AS).

Is Sindhu Trade Links expensive compared with its peers?

On ev / sales it trades at 9.2× against a peer median of 1.8×, 3rd most expensive of 20 in its peer set.

How has Sindhu Trade Links stock performed?

Over six months to 6 Nov 2026 the shares returned -11.6% against -13.3% for the median peer; over one year -13.1%.

← CockpitCompetitor Analysis › SINDHUTRAD.NS Sindhu Trade Links Ltd.Open in the cockpit ↗

Sindhu Trade Links Ltd.SINDHUTRAD.NSCompetitor analysis, valuation and peers

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

Momentum weak 31

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$405M

US dollars, full cap

Free float

15%

of shares outstanding

$/day

$107,766

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

-9.5 pp

WACC 9.7%

Hurdle

n/a

no reverse DCF

Close · INR₹20.76

1D-2.4%

1W+6.5%

1M-4.2%

3M-14.2%

6M-11.6%

YTD+5.2%

1Y-13.1%

ATR %5.5%

Beta1.12

52w lowhigh27.5% off high

What Sindhu Trade Links does

Employees: 1,300

Sindhu Trade Links at a glance

Size Sindhu Trade Links (SINDHUTRAD.NS) is an India Industrials company (Air Freight/Couriers) with a market value of $405M, the 934th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹20.76 on 6 Nov 2026.

Performance Over six months the shares fell 11.6%, against -13.3% for the median peer and 0.0% for the India market (cap-weighted) — 10th highest of 21 in its peer set.

Growth Revenue fell 63.7% over the last twelve months (peer median +2.8%); the operating margin is 2.0% (peer median 2.3%).

Valuation It trades at 9.2× enterprise value to sales against a peer median of 1.8× (3rd most expensive of 20).

Capital Return on invested capital runs 9.5 points below its cost of capital (9.7% WACC).

Relative performance

Six months, rebased to 100: Sindhu Trade Links against the median of its 20 peers (local-currency closes).

Sindhu Trade Links financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	₹4.88B	₹5.24B	₹17.3B	₹16.9B	₹11.8B
Revenue growth	—	-70%	+3%	+43%	—
Gross profit	₹630M	₹614M	₹4.90B	₹4.05B	₹2.34B
EBITDA	₹274M	₹239M	₹2.33B	₹1.53B	₹708M
Net income	₹566M	₹414M	₹257M	₹569M	₹4.04M
Free cash flow	n/a	-₹127M	-₹2.00B	₹5.73B	-₹3.04B
Capital expenditure	n/a	₹59.0M	₹286M	₹793M	₹508M
Total debt	₹5.59B	₹4.63B	₹3.72B	₹10.2B	₹16.4B

Quarterly statements and history in the cockpit →

Sindhu Trade Links 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.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Sindhu Trade Links is the large dot.

Fundamentals: revenue growth against valuation

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

Sindhu Trade Links competitors and peer comparison

How Sindhu Trade Links 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.

Sindhu Trade Links against its 20 peers (data as of 6 Nov 2026)
Measure	SINDHUTRAD.NS	Peer median	Rank in peer set
1-month return	-4.2%	-6.9%	9th highest of 21
6-month return	-11.6%	-13.3%	10th highest of 21
Distance from 52-week high	-27.5%	-25.7%	9th lowest of 21
Revenue growth (TTM)	-63.7%	+2.8%	3rd lowest of 21
Operating margin	2.0%	2.3%	9th lowest of 20
EV / Sales	9.2×	1.8×	3rd most expensive of 20
ROIC minus cost of capital	-9.5 pp	-2.3 pp	4th lowest of 19
Net debt / EBITDA	15.1×	1.7×	2nd most indebted of 16

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
Sindhu Trade Links SINDHUTRAD.NS	India	$405M	-12%	-64%	2%	9.2×	n/a	n/a
Radiant Logistics RLGT	United States	$418M	+8%	+4%	2%	0.5×	16.3%	+0.8%
Cedar Development 002485.SZ	China	$392M	-2%	-32%	-17%	5.0×	n/a	n/a
Guangzhou Jiacheng International Logistics 603535.SS	China	$427M	-30%	-29%	-2%	4.2×	16.0%	-0.4%
Mahindra Logistics MAHLOG.NS	India	$443M	+5%	+20%	2%	0.6×	33.7%	+16.5%
Bondex Supply Chain Management 603836.SS	China	$364M	-14%	+17%	1%	0.2×	n/a	n/a
HPF 300350.SZ	China	$465M	-13%	+73%	-5%	5.0×	n/a	n/a
Shanghai Shine-Link International Logistics 603648.SS	China	$467M	-15%	+10%	11%	1.9×	-0.7%	+0.3%
PostNL PNL.AS	Netherlands	$473M	-16%	+2%	1%	n/a	n/a	n/a
COSCO Shipping International Singapore F83.SI	Singapore	$347M	-18%	+10%	7%	1.9×	17.2%	+0.9%
Shanghai Ace Investment & Development 603329.SS	China	$341M	-19%	-60%	10%	1.2×	-6.5%	+10.9%
Guangdong Prolto Supply Chain Management 002769.SZ	China	$337M	-39%	-66%	-13%	11.3×	41.0%	-42.0%
Dimerco Express 5609.TWO	Taiwan	$333M	-1%	+2%	4%	0.2×	-15.9%	+5.3%
AIT 9381.T	Japan	$327M	-1%	+5%	7%	0.6×	-5.2%	+5.0%
Guangdong Gensho Logistics 603813.SS	China	$323M	-44%	-41%	-30%	12.0×	n/a	n/a
Farglory Free Trade Zone Investment 5607.TW	Taiwan	$534M	0%	+30%	42%	6.2×	-2.7%	+16.8%
Japan Transcity 9310.T	Japan	$538M	+15%	+1%	7%	0.8×	1.3%	+4.4%
Singapore Post S08.SI	Singapore	$546M	-17%	-73%	3%	1.9×	n/a	n/a
TVS Supply Chain Solutions TVSSCS.NS	India	$547M	-4%	+17%	2%	0.4×	14.4%	+9.7%
Hichain Logistics 300873.SZ	China	$560M	-22%	+15%	14%	1.8×	3.2%	+12.1%
Xiamen Xinde 000701.SZ	China	$568M	-3%	-22%	n/a	0.6×	n/a	n/a

Questions

Which companies are Sindhu Trade Links's closest peers?: The cockpit's peer set: Radiant Logistics (RLGT), Cedar Development (002485.SZ), Guangzhou Jiacheng International Logistics (603535.SS), Mahindra Logistics (MAHLOG.NS), Bondex Supply Chain Management (603836.SS), HPF (300350.SZ), Shanghai Shine-Link International Logistics (603648.SS), PostNL (PNL.AS).
Is Sindhu Trade Links expensive compared with its peers?: On ev / sales it trades at 9.2× against a peer median of 1.8×, 3rd most expensive of 20 in its peer set.
How has Sindhu Trade Links stock performed?: Over six months to 6 Nov 2026 the shares returned -11.6% against -13.3% for the median peer; over one year -13.1%.