BSE: 504380
FLOMIC GLOBAL LOGISTICS LIMITE
Operates as an asset-light logistics provider offering integrated freight forwarding, warehousing, and specialised project cargo services across India and international routes. Revenue splits between exports freight forwarding (47%), imports freight forwarding (36%), and warehousing (17%). Management has appointed a Head of Project Division and a Head of Supply Chain Solutions to scale project cargo and break-bulk capabilities. A representative consignment moved 115 packages weighing about 850,595 kg of industrial machinery from Mumbai to Lagos, Nigeria. FY26 revenue was ₹431.73 crore, with materials/transport inputs as the largest cost line at 77.4% of revenue and employees at 10.5%. Profit after tax was ₹0.31 crore in FY26, with the filings attributing this to soft freight demand and pricing pressure. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Exports Freight Forwarding (47%), Imports Freight Forwarding (36%), Warehousing (17%). Asset-light logistics services, cyclical to freight demand and pricing
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 374 | 422 | 332 | 500 | 432 |
| EBITDA (ex other income) | 30 | 36 | 31 | 44 | 37 |
| margin % | 8.0 | 8.6 | 9.4 | 8.7 | 8.6 |
| Owners' profit | 10 | 9 | 2 | 4 | 0 |
| EPS, as reported (₹) | 5.30 | 5.22 | 2.40 | 2.03 | 0.17 |
| ROE % · ROCE % | 29.9 · 28.5 | 22.8 · 27.4 | 5.0 · 11.1 | 7.9 · 17.4 | 0.7 · 12.4 |
| Debt / equity (x) | 0.56 | 0.56 | 0.77 | 0.79 | 0.51 |
| Cash from operations | 9 | 37 | 7 | 17 | 56 |
| Capex | (4) | (3) | (4) | (2) | (1) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 111 | 137 | 135 | 118 | 101 | 114 | 109 | 108 |
| Profit before tax | (1) | 2 | 2 | 2 | (3) | (1) | 1 | 4 |
| Net profit | (1) | 1 | 1 | 2 | (3) | (1) | 1 | 4 |
| EPS (₹) | (0.31) | 0.66 | 0.62 | 1.06 | (1.64) | (0.56) | 0.43 | 1.94 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| CONTAINER CORP OF IND LTD | 31,836 | 25.5 | 2.44 | 13.5 | 9.5 | 11.6 | 7.2 | 24.5 |
| DELHIVERY LIMITED | 28,831 | 308.0 | 2.98 | 29.4 | 1.6 | 1.2 | — | 8.7 |
| SHADOWFAX TECHNOLOGIES L | 17,055 | 106.0 | 9.77 | 67.6 | 6.4 | 5.7 | — | 8.3 |
| BLUE DART EXPRESS LTD | 10,159 | 35.4 | 5.72 | 10.7 | 13.9 | 13.4 | 13.3 | 16.7 |
| TRANSPORT CORPN OF INDIA | 6,668 | 14.5 | 2.56 | 12.0 | 17.7 | 14.4 | 11.9 | 11.3 |
| TVS SUPPLY CHAIN SOL L | 4,919 | 76.3 | 2.39 | 6.0 | 5.7 | 4.8 | — | 7.2 |
| VRL LOGISTICS LIMITED | 4,707 | 17.6 | 4.12 | — | 20.7 | 14.5 | — | 21.9 |
| MAHINDRA LOGISTIC LIMITED | 4,257 | 115.0 | 3.55 | 10.9 | 0.9 | 2.0 | 16.5 | 6.3 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 275.0 | 15.6 | 50 of 51 | 2% |
| P/B | 1.8 | 1.6 | 22 of 40 | 46% |
| ROCE | 0.8 | 7.7 | 48 of 55 | 13% |
| ROE | 0.7 | 6.0 | 36 of 40 | 10% |
| Debt / Equity | 0.5 | 0.3 | 28 of 40 | 31% |
| EBITDA margin | 12.0 | 8.7 | 17 of 43 | 62% |
| Revenue growth | (8.6) | 9.5 | 34 of 42 | 20% |
| Profit growth | 82.4 | 22.5 | 7 of 35 | 82% |
| Market cap | 85 | 121 | 33 of 56 | 42% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 27 Oct 2026 · Board meeting set for Q2 and H1 unaudited results approval | results | low | — | — |
| 14 Oct 2026 · Quarterly compliance certificate for share dematerialisation filed | compliance | minimal | — | — |
| 29 Sept 2026 · Trading Window Closure for Q2 FY26 Results | compliance | minimal | — | — |
| 12 Sept 2026 · Flomic Global Logistics 45th AGM: All four resolutions passed with 100% approval | board shareholder meetings | low | — | — |
| 12 Sept 2026 · 45th AGM held via video conferencing; 4 resolutions transacted | board shareholder meetings | medium | — | — |
| 11 Sept 2026 · Flomic Global Logistics 45th AGM concludes; 4 resolutions voted on | board shareholder meetings | low | — | — |
| 24 Aug 2026 · Flomic Global Logistics releases newspaper ad for 45th AGM notice | compliance | minimal | — | — |
| 20 Aug 2026 · Book closure and record date notice for 45th AGM | board shareholder meetings | low | — | — |
| 20 Aug 2026 · Book closure and record date set for 45th AGM on 11 Sep 2026 | board shareholder meetings | low | — | — |
| 20 Aug 2026 · Notice of 45th AGM on 11 September 2026 via video conferencing | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.