Sical Logistics Limited
NSE: SICALLOG · Logistics Solution Provider · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 51 companies in Logistics Solution Provider (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹66 cr vs borrowings ₹433 cr (FY26): borrowings are higher by ₹367 cr.
- Operating profit covered interest 2.1x in the last 12 months.
- 20.32% of the promoters' shares are pledged (14.9% of all shares).
- Promoter holding fell by 16.46 percentage points in a year, to 73.41% (2026-09-30).
- Operating cash flow was below net profit in 0 of the last 3 years.
- Net loss in 4 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 48% of net profit in the last 12 months.
- Debtor days went from 73 (FY24) to 91 (FY26).
- No dividend in the last 3 financial years.
- Price ₹74.12 on 2026-10-26: -39.5% from the 52-week high, +23.3% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 49 | 50 | 81 | 98 | 90 | 93 | 105 | 133 |
| EBITDA | 14 | 7 | 9 | 23 | 18 | 73 | 19 | 42 |
| OPM % | 28.3% | 14.6% | 10.5% | 23.5% | 20.2% | 78.8% | 18.5% | 32.0% |
| Other income | 2 | 2 | 13 | 3 | 30 | 3 | 2 | 1 |
| Net profit | -7 | -5 | 2 | -3 | 13 | 48 | -9 | 21 |
| EPS (₹) | -1.01 | 0.71 | -1.00 | -0.46 | 2.01 | 6.93 | -1.42 | 2.86 |
| Revenue YoY | +83.6% | +87.0% | +29.6% | +35.9% | ||||
| Profit YoY | – | – | -512.2% | – |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|
| Revenue | 221 | 222 | 386 | 421 |
| EBITDA | 55 | 31 | 134 | 153 |
| Net profit | -25 | -16 | 49 | 74 |
| EPS (₹) | -3.80 | -5.13 | 6.54 | 10.38 |
| Revenue growth | +0.3% | +73.9% | +51.7% | |
| Profit growth | – | – | – | |
| Dividend / share (₹) | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | +51.7% |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -29.1% (2y) | -13.0% |
Balance sheet
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Shareholders' equity | 29 | -5 | 131 |
| Borrowings | 497 | 532 | 433 |
| Cash & equivalents | 119 | 87 | 66 |
| Total assets | 766 | 858 | 907 |
| Fixed assets | 547 | 527 | 551 |
| Capital work in progress | 10 | 52 | 4 |
| Investments | 1 | 1 | 16 |
| Receivables | 44 | 72 | 96 |
| Inventory | 0 | 0 | 0 |
| Payables | 42 | 48 | 64 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Cash from operations | 8 | 20 | 52 |
| Cash from investing | -7 | -64 | 20 |
| Cash from financing | 25 | -3 | -88 |
| Capex | 16 | 84 | 103 |
| Free cash flow | -8 | -64 | -51 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| ROE % | -86.4% | 341.1% | 37.5% |
| ROCE % | 4.5% | 2.4% | 22.9% |
| Debtor days | 73 | 119 | 91 |
| Inventory days | 0 | 0 | 0 |
| Payable days | 69 | 78 | 61 |
| Cash conversion cycle (days) | 4 | 41 | 30 |
| Working capital days | -103 | -352 | 19 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 73.41% |
| FIIs | 3.09% |
| DIIs | 0.46% |
| of which Mutual funds | 0.00% |
| Government | 0.00% |
| Public (non-institutions) | 23.03% |
| Quarter | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 90.00% | 89.89% | 89.87% | 89.87% | 73.50% | 73.50% | 73.50% | 73.41% |
| Promoter group | % |
|---|---|
| Pristine Malwa Logistics Park Private Limited | 73.41% |
| Pristine Logistics & Infraprojects Limited | 0.00% |
| Public holders above 1% | % |
|---|---|
| Shaunak Jagdish Shah | 4.72% |
| Alpana Mundra | 1.91% |
40,279 shareholders. Pledged: 20.32% of promoter shares.
Peers in Logistics Solution Provider
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| CONCOR | ₹31,348 cr | 25.1x | 2.4x | 9.8% | 13.2% | 21.6% | +3.6% | 2.22% |
| DELHIVERY | ₹28,082 cr | 300.0x | 2.9x | 1.0% | 2.2% | 5.5% | +13.3% | – |
| SHADOWFAX | ₹16,722 cr | 128.7x | 9.6x | 6.4% | 7.5% | 5.0% | – | – |
| BLUEDART | ₹10,124 cr | 35.3x | 5.7x | 17.2% | 23.6% | 15.3% | +5.9% | 0.59% |
| TCI | ₹6,508 cr | 14.2x | 2.5x | 19.4% | 15.8% | 10.6% | +9.1% | 1.08% |
| TVSSCS | ₹4,879 cr | 75.7x | 2.4x | 3.4% | 8.3% | 7.0% | – | – |
| VRLLOG | ₹4,687 cr | 17.6x | 4.1x | 24.0% | 28.1% | 20.4% | +6.7% | 3.73% |
| MAHLOG | ₹3,871 cr | 104.6x | 3.3x | 4.8% | 11.9% | 5.5% | +10.9% | 0.46% |
| AFCOM | ₹3,781 cr | 18.9x | 8.3x | 54.4% | 45.9% | 35.1% | – | – |
| SICALLOG | ₹591 cr | 7.1x | 4.5x | 116.2% | 26.4% | 36.5% | – | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-02-18 | Rights | Rights 11:5 @ Premium Rs 54/- |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Services |
| Industry | Logistics Solution Provider |
| Sub-industry | Logistics Solution Provider |
| Symbol | SICALLOG |
| BSE code | 520086 |
| ISIN | INE075B01020 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.