Patel Roadways has an equity of Rs 8 crore with a book-value of Rs 32 while POC has an equity of Rs 4.71 crore with a book value of Rs 41. Patel Roadways has launched a new inventory management system by upgrading and converting its existing facilities into warehouses. The company is currently in talks with a few corporates for third party logistics (3PL). If these materialise, it will add about Rs 10 crore to the turnover, Patel said.

Commenting on the new inventory management system, Patel Roadways chief operating officer (COO), Salim Affendi, said, "These supply chain and inventory management services combined with advanced information technology will be of tremendous value to our customers who can now work on zero inventory levels at the click of the mouse."

The new inventory management system will also enable the company to improve its margins which are currently languishing, Patel added. Patel Roadways posted a turnover of Rs 125 crore for the year ended March, 2000.