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 Strongoverall Performance in FY26".
SICALLOG · price
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Sical Logistics Limited reported strong FY26 results with consolidated revenue of Rs. 3,857 million, up 74% YoY from Rs. 2,219 million in FY25. EBITDA surged 264% to Rs. 783 million, with margins expanding sharply to 20.3% from 9.7% — a 1,060 basis point improvement driven by disciplined cost management and operating leverage. Mining logistics revenue jumped 310% YoY to Rs. 1,648 million. The company secured a major overburden removal order worth Rs. 34,222 million from South Eastern Coalfields Limited. Through a rights issue and non-core asset sales, Sical reduced its debt-to-equity ratio to 1.6x from 4.1x, significantly deleveraging its balance sheet.
Sical's turnaround story is gaining momentum with accelerating revenue growth, margin expansion, and a substantially de-risked balance sheet. The stock could see positive re-rating as the market absorbs the FY26 recovery and strong order book visibility.