Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹76.39, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 16x in the Infrastructure industry in India. Total loss to shareholders of 9.3% over the past year. Reported Earnings • May 31
Full year 2026 earnings released: EPS: ₹6.54 (vs ₹3.98 loss in FY 2025) Full year 2026 results: EPS: ₹6.54 (up from ₹3.98 loss in FY 2025). Revenue: ₹4.23b (up 90% from FY 2025). Net income: ₹492.8m (up ₹752.6m from FY 2025). Profit margin: 12% (up from net loss in FY 2025). New Risk • Mar 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 22% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.9x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (22% increase in shares outstanding). Market cap is less than US$100m (₹5.19b market cap, or US$56.2m). Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to ₹68.50, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 11x in the Infrastructure industry in India. Total loss to shareholders of 18% over the past year. Reported Earnings • Feb 17
Third quarter 2026 earnings released: EPS: ₹6.93 (vs ₹0.71 loss in 3Q 2025) Third quarter 2026 results: EPS: ₹6.93 (up from ₹0.71 loss in 3Q 2025). Revenue: ₹959.6m (up 93% from 3Q 2025). Net income: ₹480.4m (up ₹527.0m from 3Q 2025). Profit margin: 50% (up from net loss in 3Q 2025). Announcement • Jan 27
Sical Logistics Limited has filed a Follow-on Equity Offering in the amount of INR 1.1 billion. Sical Logistics Limited has filed a Follow-on Equity Offering in the amount of INR 1.1 billion.
Security Name: Equity Shares
Security Type: Common Stock
Transaction Features: Regulation S; Rights Offering Announcement • Jan 09
Sical Logistics Limited Announces Resignation of Independent Director Vinay Kumar Pabba, Effective January 9, 2026 Sical Logistics Limited announced that Mr. Vinay Kumar Pabba (DIN: 02711931) has resigned from the position of independent director of the Company with effect from January 9, 2026. Mr. Pabba cited personal grounds for his resignation and confirmed that there are no material reasons for his resignation other than those mentioned in his resignation letter. Consequently, he ceased to be the chairman/member of various committees of the Company. Board Change • Oct 20
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Non-Executive Director Rajnish Kumar is the most experienced director on the board, commencing their role in 2023. Independent Director V. Neelaveni was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Sep 03
Sical Logistics Limited, Annual General Meeting, Sep 30, 2025 Sical Logistics Limited, Annual General Meeting, Sep 30, 2025, at 12:30 Indian Standard Time. Reported Earnings • Aug 09
First quarter 2026 earnings released: ₹0.46 loss per share (vs ₹2.75 loss in 1Q 2025) First quarter 2026 results: ₹0.46 loss per share (improved from ₹2.75 loss in 1Q 2025). Revenue: ₹1.00b (up 139% from 1Q 2025). Net loss: ₹44.0m (loss narrowed 76% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Aug 02
Sical Logistics Limited to Report Q1, 2026 Results on Aug 08, 2025 Sical Logistics Limited announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 30
Full year 2025 earnings released: ₹5.13 loss per share (vs ₹3.04 loss in FY 2024) Full year 2025 results: ₹5.13 loss per share (further deteriorated from ₹3.04 loss in FY 2024). Revenue: ₹2.41b (up 9.0% from FY 2024). Net loss: ₹256.8m (loss widened 29% from FY 2024). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. New Risk • May 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (₹6.88b market cap, or US$80.4m). Reported Earnings • Jan 31
Third quarter 2025 earnings released: ₹0.71 loss per share (vs ₹1.68 profit in 3Q 2024) Third quarter 2025 results: ₹0.71 loss per share (down from ₹1.68 profit in 3Q 2024). Revenue: ₹522.0m (up 15% from 3Q 2024). Net loss: ₹46.6m (down 143% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Announcement • Jan 23
Sical Logistics Limited to Report Q3, 2025 Results on Jan 30, 2025 Sical Logistics Limited announced that they will report Q3, 2025 results on Jan 30, 2025 New Risk • Jan 14
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.57b (US$99.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.3% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₹8.57b market cap, or US$99.1m). Announcement • Sep 04
Sical Logistics Limited, Annual General Meeting, Sep 30, 2024 Sical Logistics Limited, Annual General Meeting, Sep 30, 2024, at 14:30 Indian Standard Time. New Risk • Aug 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Market cap is less than US$100m (₹8.24b market cap, or US$98.2m). Reported Earnings • Aug 14
First quarter 2025 earnings released: ₹2.75 loss per share (vs ₹2.05 loss in 1Q 2024) First quarter 2025 results: ₹2.75 loss per share (further deteriorated from ₹2.05 loss in 1Q 2024). Revenue: ₹442.9m (down 37% from 1Q 2024). Net loss: ₹179.7m (loss widened 34% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. New Risk • Aug 12
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.08b (US$96.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₹8.08b market cap, or US$96.3m). Announcement • Aug 10
Sical Logistics Limited Announces Board Appointments Sical Logistics Limited appointed Satishkumarreddy Mulamreddy as an independent director and Neelaveni as an independent director of the Company. Announcement • Aug 08
Sical Logistics Limited to Report Q1, 2025 Results on Aug 13, 2024 Sical Logistics Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Reported Earnings • Jun 05
Full year 2024 earnings released: ₹3.12 loss per share (vs ₹2,336 loss in FY 2023) Full year 2024 results: ₹3.12 loss per share (improved from ₹2,336 loss in FY 2023). Revenue: ₹2.39b (down 39% from FY 2023). Net loss: ₹248.2m (loss narrowed 97% from FY 2023). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Announcement • May 03
Sical Logistics Limited Announces Resignation of Anuradha Mukhedkar as Independent Women Director and Chairperson Sical Logistics Limited announced resignation of Anuradha Mukhedkar as independent women director and chairperson with effect from closing business hour of April 26, 2024, due to her personal commitments. Reported Earnings • Feb 14
Third quarter 2024 earnings released: EPS: ₹1.68 (vs ₹36.14 loss in 3Q 2023) Third quarter 2024 results: EPS: ₹1.68 (up from ₹36.14 loss in 3Q 2023). Revenue: ₹475.1m (down 55% from 3Q 2023). Net income: ₹109.7m (up ₹235.3m from 3Q 2023). Profit margin: 23% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Jan 24
Sical Logistics Limited Announces Resignation of Sanjay Mawar as Non-Executive and Non-Independent Additional Director Sical Logistics Limited announced that Mr. Sanjay Mawar has tendered his resignation from the position of additional director (under the category of non-executive and non-independent) of the Company with effect from the close of business hours of January 24, 2024, due to his personal commitments. Announcement • Oct 13
Sical Logistics Limited (BSE:520086) agreed to acquire Patchems Pvt. Ltd. for INR 2 million. Sical Logistics Limited (BSE:520086) agreed to acquire Patchems Pvt. Ltd. for INR 2 million on October 12, 2023. Patchems reported turnover of INR 39,388,800,000 FY 2022-2023. Board of Sical Logistics Limited have approved the transaction. Board Change • Oct 13
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Chairman Anuradha Mukhedkar is the most experienced director on the board, commencing their role in 2023. Additional Independent Director Vinay Pabba was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Sep 01
Sical Logistics Limited, Annual General Meeting, Sep 29, 2023 Sical Logistics Limited, Annual General Meeting, Sep 29, 2023, at 16:45 Indian Standard Time. Announcement • May 23
Sical Logistics Limited to Report Q4, 2023 Results on May 30, 2023 Sical Logistics Limited announced that they will report Q4, 2023 results on May 30, 2023 Announcement • Jan 12
Sical Logistics Limited Announces Appointment of Directors Sical Logistics Limited announced appointment of Directors are furnished below: [a] Mrs. Anuradha Mukhedkar, a Master of Arts from University of Hyderabad, who joined civil services in 1985 and was engaged with the Indian Railway Accounts Service, West Central Railway, Jabalpur and the Centre for Railway Information Systems as its Director [Finance] and Managing Director has been inducted as an Independent Director of the Company and Chairperson of the Board with effect from 11th January, 2023. [b] Mr. Vinay Kumar Pabba, an Engineering graduate from IIT Madras, with PGDBM from XLRI Jamshedpur and CFA is currently COO of Vibrant Energy backed by the Macquarie Group a Renewable Energy industry and a former CEO and MD of Brookfield Asset Management, COO of Greenko Group was initially with the Indian Revenue Service [IRS] spearheading transformational IT initiatives for Indian Customs like the Risk Management Systems which won him the PMs award for excellence in Public Administration as also a recipient of the Finance Minister's Medal for the Best Officer, awarded the Samman Patra recognition and adjudged solar person of the year for 2017 by EQMag among solar heroes of 2018 and ore recently among 100 most powerful solar leaders in 2021 has been inducted as an Independent Director of the Board with effect from 11th January, 2023. [c] Mr. Rajnish Kumar, a Master of Psychology from University of Delhi winning the Shashi Kala Singh Gold Medal for being the best candidate in his batch, has over 28 years of experience with Indian Railways, CONCOR and Pristine Logistics who belongs to the 1991 batch of civil servants [IRTS], served in various capacities with Indian Railways was deputed to CONCOR for heading ICDs, subsequently was part of Gateway Railfreight Private Limited as Senior Vice- President p[Strategy & Business Development] from September 2006 to 2009 prior to becoming the promoter of Pristine Logistics has been inducted as an additional director of the Board with effect from 11th January, 2023. [d] Mr. Amit Kumar, a Bachelor of Arts [Honors] from Kirorimal College, University of Delhi with over 28 years of experience in government, railways and logistics sector including over 12 years of experience as an entrepreneur, was associated with the Indian Railway Traffic Service having deputed to CONCOR in 2002 and served as its Chief Manager until 2006 has been inducted as an additional director of the Board with effect from 11th January, 2023. [e] Mr. T. Subramanian, a fellow member of the Institute of the Chartered Accountants of India and currently the Group CFO of the Company has been appointed as a Whole-time Director with effect from 11th January, 2023 as well continue as CFO of the Company. [f] Mr. S. Rajappan, a Post Graduate possessing rich experiences in dealing with Industrial relations matters and currently the President - Public & Industrial Relations has been appointed as a Whole-time Director with effect from 11th January, 2023.