SICALLOGServices

Sical Logistics Limited

Logistics Solution Provider · ISIN INE075B01020 · BSE 520086 · NSE BE · FV ₹10
Last price
₹92
-1.53%today
What this company does

Sical Logistics Limited operates in Logistics Solution Provider, part of the Services sector. It booked ₹133 cr of revenue in its latest quarter (Q1 FY27) and kept 16.0% of sales as profit.

Sical group operates as integrated logistics services company with offerings across mining logistics, coal transportation, container freight stations, warehousing and distribution, and dredging. While the Company has multiple service lines, its operations are managed and evaluated by the management as a unified business, in line with its integrated approach.
In the report:
51out of 100
Equitytale Health Score
Mixed

Healthier than 51% of companies in Services, on the 5 of 6 measures we could read for it. Each measure is ranked against the 17–116 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
37

At close. Not part of the score.

Profitability & returns82

How much profit it earns on the money it employs

Balance sheet18

How much it owes, and whether earnings cover the interest

Cash quality26

Whether reported profit actually arrives as cash

Valuation60

What today's price implies, against our models or its peers

Governance & risk61

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 16% net margin
Sales up 36% vs last year
Promoters hold 74%
Strong 65% return on equity
Turns profit into real cash
Watch-outs
! 56.0% of promoter stake pledged
! Carries high debt (D/E 1.6)

What if I invest in SICALLOG?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹92 -1.53%
latest close · 2026-09-17
52-wk low ₹9142 sessions so far52-wk high ₹123
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio8.0Low
LowAverageHigh
P/B ratio5.57High
Below bookModerateHigh
EV / EBITDA6.5Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity64.7%Strong
WeakFairStrong ▸15%
Return on capital19.0%Strong
WeakFairStrong
Net margin16.0%Strong
ThinDecentStrong
EBITDA margin32.9%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.61High
LowModerateHigh ▸1
Interest cover2.8×Okay
RiskyOkayStrong ▸5×
Current ratio1.12Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹731 cr
Book value
₹16
EPS
₹2.86
latest quarter
Net debt
₹402 cr
owes more than its cash
Enterprise value
₹1,134 cr
EBITDA
₹174 cr
annualised
EBIT
₹141 cr
annualised
Operating margin
26.6%
Return on assets
9.4%
Earnings yield
12.48%
P/S
1.38
Sales / share
₹66.5
Tax rate
5.6%
Face value
₹10
Shares
8.0 cr
Working capital
₹20 cr
Current assets
₹186 cr
Current liabilities
₹166 cr
Delivery %
71.5%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹133 cr
Other Income₹1 cr
Total Income₹134 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-2 cr
Employee Benefit Expense₹6 cr
Finance Costs₹13 cr
Depreciation & Amortisation₹8 cr
Other Expenses₹104 cr
Total Expenses₹129 cr
Exceptional Items₹17 cr
Profit before Tax₹22 cr
Tax Expense₹1 cr
Share of JV / Associates₹3 L
Net Profit₹21 cr
Net margin on total income15.9%
Where the money goes · Q1 FY27
% of total income
Employee benefit expense₹6 cr4.2%
Finance costs₹13 cr8.4%
Depreciation & amortisation₹8 cr5.6%
Other expenses₹101 cr66.9%
Tax expense₹1 cr0.8%
Profit for the period₹21 cr14.0%
Total income ₹134 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue93 cr105 cr133 cr
Total income96 cr107 cr134 cr
Expenses103 cr113 cr129 cr
Profit before tax49 cr-6 cr22 cr
Tax1 cr3 cr1 cr
Net profit (owners' share)48 cr-9 cr21 cr
Net margin (owners' share, on revenue)51.5%-8.3%16.0%
EPS (₹)6.93-1.422.86
YoY (latest quarter): total income +33.5% · net profit
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹907 cr
Shareholder equity
₹131 cr
parent shareholders
Total debt
₹433 cr
Cash
₹31 cr
Cash flow · H1 FY26
Operating
₹39 cr
Investing
₹1 cr
Financing
₹-74 cr
Peer comparison
Logistics Solution Provider · by market value
CompanyPriceMarket capP/E
Container Corporation of India Limited₹488₹37,178 cr34.6
Delhivery Limited₹426₹31,897 cr247.6
Shadowfax Technologies Limited₹252₹14,724 cr56.7
Blue Dart Express Limited₹4,811₹11,417 cr32.3
Shiprocket Limited₹121₹7,694 cr
Transport Corporation of India Limited₹827₹6,364 cr15.0
TVS Supply Chain Solutions Limited₹130₹5,743 cr69.2
VRL Logistics Limited₹288₹5,037 cr15.6
Mahindra Logistics Limited₹390₹3,865 cr38.0
Same industry · latest reported numbers · not a recommendation.
Corporate actions
ActionDetailEx-date
Rights issue5:1118 Feb 2026
Who owns it · 2026-06-30
56.0% pledged
Promoter
73.5%
FII / Foreign
3.1%
DII / Domestic
0.1%
Retail / others
23.3%
Promoter stake down 21.5% over the last 12 quarters.
Smart-money activity
Insider trades
SoldPristine Malwa Logistics Park Private Limited · Promoters53 · ₹5,91924 Sep 25
SoldPristine Malwa Logistics Park Private Limited · Promoters82,216 · ₹92.4 L23 Jun 25
SoldPristine Malwa Logistics Park Private Limited · Promoters24.75 L · ₹27.2 cr2 Aug 24
Bulk / block deals
BoughtMANSI SHARE AND STOCK ADVISORS PVT LTD · NSE20,939 @ ₹285.629 Nov 23
BoughtMONIKA SHARMA · NSE16,500 @ ₹276.122 Nov 23
BoughtSETU SECURITIES PVT LTD · NSE18,000 @ ₹284.9921 Nov 23
Stake changes
SoldPristine Malwa Logistics Park Private Limited · promoter→ 89.87% · 5330 Sep 25
SoldPristine Malwa Logistics Park Private ltd · promoter→ 89.87% · 82,21630 Jun 25
SoldCatalyst Trusteeship Ltd→ 0.00% · 3.28 cr16 Jun 25
Promoter pledges
ReleasedName of lenders: 1) Aditya birla Capital Ltd 2) Arka Fincap Ltd. 3) Piramal Finance Ltd. Name of the Security trustee Catalyst3.28 cr · 41.17% held26 Aug 26
PledgedCatalyst Trusteeship Ltd3.28 cr · 0.00% held17 Jun 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 9 Jan 2026
See the official result
1
To approve the re-appointment of Mr. Seshadri Rajappan (DIN: 00862481) as whole-time director of the Company
Backed by 98% of shareholders other than promotersneeded 75%
7.24 L votes for, 14,410 against
2
To approve the subsequent material modification in the approved related party transaction entered between the Company and Pristine Malwa Logistics Park Private Limited, being the immediate holding company of the Company
Promoters had a personal stake in this
Backed by 97% of shareholders other than promotersneeded 50%
7.19 L votes for, 19,512 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 2 named members
owning 73.5% between them · as of 2026-06-30
Pristine Malwa Logistics Park Private Limited73.50%
Pristine Logistics & Infraprojects Limitedno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it
1 fundraise spent differently than promised

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹93 cr raised in Mar 2026 by offering new shares to existing shareholders
⚑ company reported a change of plan

As of Jun 2026, the company says it has spent 101% of what it set aside. Brickwork Ratings India Private Limited watches the spending on the exchange’s behalf.

The actual issue related expenses were lower than the amount originally allocated for such expenses under the letter of offer dated February 16, 2026. Consequently, the unutilized funds were deployed towards the general corporate purposes in excess of the amount originally allocated for such purpose.the company’s own explanation, as filed
Repayment and/or prepayment, in full or part, of all or a portion of certain borrowings availed by our Company
spent more than set aside
100%
₹70 cr of ₹70 cr
General corporate purposes
spent more than set aside
103%
₹19 cr of ₹19 cr
Spent by quarter: 87%101% (to Jun 2026)

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.