Mining logistics is the largest segment at 43% of FY26 revenue, providing services such as overburden removal to coal miners; the segment carries an order book of Rs. 46,000 million, headlined by an 11-year overburden removal contract worth Rs. 34,222 million from South Eastern Coalfields Limited. Terminals — including container freight stations (CFS) and multi-modal logistics parks (MMLP) — contribute 36% of revenue, with the Chennai MMLP commencing commercial operations in December 2025. Warehousing and third-party logistics services account for the remaining 21%. Operations rely on a fleet of dumpers, excavators, dozers, graders, water tankers and diesel tankers, much of it financed through a Rs. 72 crore master lease with Tata Capital Limited. Employee costs are 6.9% of revenue, while other operating expenses — covering hired equipment, fuel and subcontracted work — make up 72.8% and depreciation adds 10.8%. The company was acquired by Pristine Group in January 2023 following a 2021 insolvency, and in FY26 raised Rs. 930.3 million via a rights issue for debt repayment and public-float compliance, bringing the debt-to-equity ratio to 1.6x from 4.1x. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Mining Logistics (43%), Terminals (CFS and MMLP) (36%), Warehousing and 3PL (21%). Asset-heavy, contract-driven mining and logistics services
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 349 | 392 | 221 | 222 | 386 |
| EBITDA (ex other income) | (169) | (775) | 55 | 31 | 134 |
| margin % | (48.4) | (197.7) | 24.7 | 14.0 | 34.7 |
| Owners' profit | (260) | (798) | (25) | (16) | 49 |
| EPS, as reported (₹) | (44.50) | (133.03) | (3.80) | (5.13) | 6.54 |
| ROE % · ROCE % | 34.7 · 35.7 | (513.2) · (146.3) | (18.2) · 4.6 | (12.6) · 2.7 | 18.3 · 17.4 |
| Debt / equity (x) | (0.50) | 2.90 | 3.19 | 4.10 | 1.61 |
| Cash from operations | 68 | 7 | 8 | 20 | 52 |
| Capex | (14) | (11) | (16) | (84) | (103) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 49 | 50 | 81 | 98 | 90 | 93 | 105 | 133 |
| Profit before tax | (5) | (10) | 2 | (0) | 14 | 49 | (6) | 22 |
| Net profit | (6) | (5) | 2 | (3) | 13 | 48 | (9) | 21 |
| EPS (₹) | (1.01) | 0.71 | (1.00) | (0.46) | 2.01 | 6.93 | (1.42) | 2.86 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 7 Sept 2026 · Sical Logistics dispatches 71st AGM notice and Annual Report letters to shareholders | board shareholder meetings | low | — | — |
| 7 Sept 2026 · Postal ballot results: All 3 resolutions passed with over 99 percent approval | board shareholder meetings | medium | — | — |
| 4 Sept 2026 · Postal ballot concludes; 3 resolutions on related party deals and mortgage creation | board shareholder meetings | medium | — | — |
| 4 Sept 2026 · Sical Logistics 71st AGM notice published in newspapers | compliance | minimal | — | — |
| 3 Sept 2026 · Sical Logistics FY26 Annual Report: Turnaround to Profit, New Coal Contract | results | high | — | — |
| 3 Sept 2026 · Notice of 71st AGM on September 30, 2026 along with Annual Report for FY 2025-26 | board shareholder meetings | low | — | — |
| 2 Sept 2026 · Notice of 71st AGM via Video Conferencing on Sept 30, 2026 | compliance | minimal | — | — |
| 1 Sept 2026 · Sical Logistics wins Rs 534.73 crore coal mining contract from Central Coalfields | business updates | high | — | — |
| 1 Sept 2026 · Internal Auditor appointed; 71st AGM set for Sep 30, 2026 | management changes | low | — | — |
| 1 Sept 2026 · Sical Logistics board appoints internal auditor, fixes AGM date | management changes | low | — | — |
| 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 |
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.
