StockWatch
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SICAL LOGISTICS LTD.

BSE: 520086

P/L Snapshot

Q1 FY27 · standalone

vs Q3 FY26·vs Q1 FY26
Revenue
72.28
+71.6%+55.1%
Expenditure
71.33
+42.9%+34.8%
Net Profit
18.35
-61.6%+390.8%
OPM %
44.15%
-55.85pp+14.56pp

Shareholding

Pattern breakdown

P/L Trends

(in crores)

RevenueExpenditureNet Profit
-22.603.6629.9356.1982.45Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q1 FY27
Price Chart
Latest News
Board Meeting14 Aug, 7:10 pm

Sical Logistics turns profitable on ₹17.4 Cr land sale; core margin compresses YoY

Sical Logistics reported consolidated revenue of ₹132.58 Cr (+35.9% YoY from ₹97.54 Cr, +26.1% QoQ from ₹105.17 Cr) and consolidated PAT of ₹21.24 Cr, a sharp swing from a ₹2.99 Cr loss in the year-ago quarter and an ₹8.78 Cr loss in Q4 FY26. Nearly all of this swing traces to a ₹17.40 Cr exceptional gain booked on the sale of land & building at Madhavaram, Chennai (disclosed identically in both the standalone and consolidated filings) — pre-exceptional consolidated PBT was just ₹5.07 Cr, itself an improvement from a ₹0.11 Cr loss a year earlier, but a modest one relative to the reported ₹22.48 Cr PBT. Standalone PAT was ₹18.35 Cr against a ₹6.31 Cr loss YoY on the same exceptional item; standalone pre-exceptional PBT was a thin ₹0.95 Cr. Despite the topline growth, consolidated operating margin (EBITDA/revenue) compressed to roughly 17.1% from 23.5% a year ago and ~18.5% in Q4 FY26, as cost of services rose to ₹95.42 Cr (71.9% of revenue) from ₹59.74 Cr (61.2% of revenue) in Q1 FY26 — outpacing the revenue increase. Finance costs (₹12.74 Cr) and depreciation (₹8.40 Cr) were both down year-on-year and sequentially, so the margin pressure sits squarely in operating costs rather than financing or D&A. No analyst previews or consensus estimates were found for this small-cap print, and the company has no formal forward guidance on record, so both vsStreet and vsGuidance are unknown. Alongside the results, the board approved a ₹50 Cr commercial equipment loan facility from ICICI Bank and a ₹100 Cr lease facility from Bajaj Finance — layered on top of a ₹72 Cr Tata Capital lease executed in July 2026 — while the CFO seat changed hands in early July (resignation to focus on a subsidiary, followed by V.T. Doraivel Krishnan's appointment). The board meeting was itself rescheduled once, from August 12 to August 14. Management's note on the filing attributes the profit swing entirely to the one-off land sale gain, with no additional commentary on the underlying business trend. With the operating turnaround still modest (₹5.07 Cr consolidated pre-exceptional PBT) and margins compressing even as revenue grows, Q2 FY27 will show whether the core logistics business can sustain profitability without further asset sales, and whether the newly stacked lease/loan facilities begin to show up as higher finance costs.

14 Aug 2026, 07:10 pm

Corporate Events

Board MeetingSICALLOG
2026
12Aug

Board Meeting

The meeting of the board of directors is scheduled to consid…

BSE Filing
Board MeetingSICALLOG
2026
30Jul

Board Meeting

The board of directors of Sical Logistics Limited has appoin…

BSE Filing
Board MeetingSICALLOG
2026
29May

Board Meeting

The board meeting is scheduled to consider and approve the a…

BSE Filing
Board MeetingSICALLOG
2026
12Feb

Board Meeting

Consider, discuss and decide various matters in connection w…

BSE Filing
Board MeetingSICALLOG
2024
5Dec

Board Meeting

Update on board meeting, Increase in authorised share capita…

BSE Filing
Board MeetingSICALLOG
2024
14Nov

Board Meeting

Consider and approve the unaudited financial results (standa…

BSE Filing
Board MeetingSICALLOG
2024
30May

Board Meeting

consider and approve the audited financial results

BSE Filing