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Flomic Global Logistics Ltd, a 38-year-old asset-light logistics company, submitted its Q3 FY26 company overview document to BSE. For the quarter, the company reported revenue of ₹10,861 lakh, EBITDA of ₹983 lakh (9% margin), and PAT of ₹77 lakh (0.7% margin). Despite challenging freight conditions, the company achieved margin improvement through cost control and a higher-value service mix. The business handles integrated freight forwarding, warehousing, and specialized cargo services across 5000+ active customers with 30 branches and 30+ warehouses. Revenue is diversified between exports (47%), imports (36%), and warehousing (17%), with 52% repeat business rate.
The modest PAT margin of 0.7% reflects pressure on profitability in the freight forwarding industry, but the 9% EBITDA margin and explicit mention of margin improvement through cost discipline and service mix suggest management is actively working to expand profitability. The company's expansion plans in warehousing and project logistics could drive future margin improvement if executed successfully.