Leap India, a supply chain solutions provider, reported a 65.7% rise in consolidated net profit to ₹62.3 crore in FY26 from ₹37.6 crore the previous year. The company’s operating revenue increased 56.4% year-on-year to ₹729.5 crore, supported by business expansion and improved operating efficiencies, according to its draft red herring prospectus (RHP) filed ahead of its IPO.
Founded in 2013 by Sunu Mathew, Leap India offers services including equipment pooling, returnable packaging, inventory management, transportation, and repair and maintenance. The company’s total income, including other income of ₹17.8 crore, reached ₹747.4 crore in FY26. Its EBITDA grew 38.3% to ₹378.8 crore. Leap India’s product revenue nearly tripled to ₹35.2 crore, driven by demand for pallets, while services revenue, the core business, rose 52.6% to ₹681.5 crore as more customers preferred renting reusable logistics assets.
The company serves sectors such as FMCG, beverages, ecommerce, automotive, and retail. Leap India’s total expenses increased 54% to ₹666.5 crore. In FY26, it acquired CHEP India Pvt Ltd for ₹77.58 crore, expanding its pallet and container pooling network. This acquisition strengthened Leap India’s market position in reusable logistics assets, a segment gaining traction as companies seek sustainable supply chain solutions.
Leap India’s financial performance and strategic acquisition position it for its upcoming IPO. The company’s FY26 results highlight strong growth momentum, with total income of ₹747.4 crore and EBITDA of ₹378.8 crore, setting the stage for its public market debut.