Sical Logistics Limited has informed the exchange regarding a press release dated May 29, 2026, titled "Sical Logistics Limited Continues its Robust Turnaround Journey with Strong overall ....
SICALLOG · price
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Sical Logistics reported strong FY26 results with consolidated revenue of Rs. 3,857 million, up 74% YoY, and EBITDA of Rs. 783 million, up 264% YoY. EBITDA margin expanded significantly to 20.3% from 9.7% in FY25, a 1,060 basis point improvement, driven by disciplined cost management and operating leverage. The company secured a major overburden removal order worth Rs. 34,222 million from South Eastern Coalfields Limited for an 11-year project. Mining logistics segment revenue surged 310% YoY to Rs. 1,648 million. The company completed a rights issue to meet public float requirements and used proceeds for debt repayment, reducing debt-to-equity ratio to 1.6x from 4.1x.
The dramatic margin expansion and debt reduction signal a successful turnaround, with the company now on a stronger financial footing. The large order win and diversified segment growth should support continued revenue and margin improvement.