Valuation Update With 7 Day Price Move • Apr 30
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹19.50, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 20x in the Logistics industry in India. Total loss to shareholders of 62% over the past three years. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₹16.35, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 17x in the Logistics industry in India. Total loss to shareholders of 68% over the past three years. Board Change • Apr 07
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director Vishal Wadhwani was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director Vishal Wadhwani was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 13
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director Vishal Wadhwani was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 09
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director Vishal Wadhwani was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 07
Cargosol Logistics Limited to Report First Half, 2026 Results on Nov 13, 2025 Cargosol Logistics Limited announced that they will report first half, 2026 results on Nov 13, 2025 Announcement • Aug 28
Cargosol Logistics Limited, Annual General Meeting, Sep 18, 2025 Cargosol Logistics Limited, Annual General Meeting, Sep 18, 2025, at 11:30 Indian Standard Time. Reported Earnings • Aug 28
Full year 2025 earnings released: EPS: ₹0.058 (vs ₹4.19 loss in FY 2024) Full year 2025 results: EPS: ₹0.058 (up from ₹4.19 loss in FY 2024). Revenue: ₹1.32b (up 16% from FY 2024). Net income: ₹596.0k (up ₹43.3m from FY 2024). Profit margin: 0% (up from net loss in FY 2024). Reported Earnings • May 23
Full year 2025 earnings released: EPS: ₹0.06 (vs ₹4.19 loss in FY 2024) Full year 2025 results: EPS: ₹0.06 (up from ₹4.19 loss in FY 2024). Revenue: ₹1.32b (up 17% from FY 2024). Net income: ₹596.0k (up ₹43.3m from FY 2024). Profit margin: 0% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Announcement • May 19
Cargosol Logistics Limited to Report Second Half, 2025 Results on May 22, 2025 Cargosol Logistics Limited announced that they will report second half, 2025 results on May 22, 2025 Board Change • Apr 25
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director Vishal Wadhwani was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Apr 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 46% per year over the past 5 years. Market cap is less than US$10m (₹154.0m market cap, or US$1.80m). Announcement • Mar 05
Cargosol Logistics Limited Appoints Ashish Goenka as Company Secretary and Compliance Officer The Board of Directors of Cargosol Logistics Limited at their meeting held on March 4, 2025 approved the appointment of Mr. Ashish Goenka for the post of Company Secretary and
Compliance Officer of the company effective March 4, 2025. Mr. Ashish Goenka is a Company Secretary registered as Associate Member with The Institute of Company Secretaries of India (ICSI) having work experience in the are a concerned with Secretarial and Legal Compliances. During his career tenure, he was exposed t o Secretarial Compliances including matters related to Companies Act, SEBI and Stock Exchanges. He is well versed with the provisions of the Companies Act and listed
Compliances. Announcement • Nov 09
Cargosol Logistics Limited to Report First Half, 2025 Results on Nov 14, 2024 Cargosol Logistics Limited announced that they will report first half, 2025 results on Nov 14, 2024 Announcement • Sep 11
Cargosol Logistics Limited Announces Resignation of Vinay Karkera as Company Secretary Cargosol Logistics Limited announced that Mr. Vinay Karkera has resigned from the post of Company Secretary with effect from 11 September 2024, due to personal reasons. Announcement • Sep 09
Cargosol Logistics Limited, Annual General Meeting, Sep 30, 2024 Cargosol Logistics Limited, Annual General Meeting, Sep 30, 2024, at 11:30 Indian Standard Time. New Risk • Jun 07
New major risk - Revenue and earnings growth Earnings have declined by 11% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 11% per year over the past 5 years. Market cap is less than US$10m (₹338.0m market cap, or US$4.05m). Valuation Update With 7 Day Price Move • May 29
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹36.78, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 26x in the Logistics industry in India. Total loss to shareholders of 12% over the past year. New Risk • May 25
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). Market cap is less than US$10m (₹448.7m market cap, or US$5.40m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Profit margins are more than 30% lower than last year (1.4% net profit margin). Announcement • May 24
Cargosol Logistics Limited to Report Second Half, 2024 Results on May 29, 2024 Cargosol Logistics Limited announced that they will report second half, 2024 results on May 29, 2024 Valuation Update With 7 Day Price Move • May 08
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹46.00, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 26x in the Logistics industry in India. Total loss to shareholders of 6.7% over the past year. Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹30.08, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 26x in the Logistics industry in India. Total loss to shareholders of 23% over the past year. Announcement • Jan 12
Cargosol Logistics Limited Announces Resignation of Pramod Kumar Bajaj as Independent Director Cargosol Logistics Limited announced resignation of Mr. Pramod Kumar Bajaj, Independent Director of the Company vide letter dated 12 January 2024 due to personal reason. Date of Cessation: 12 January 2024. Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹44.80, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 28x in the Logistics industry in India. Total loss to shareholders of 29% over the past year. Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹43.00, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 28x in the Logistics industry in India. Total loss to shareholders of 41% over the past year. Reported Earnings • Nov 13
First half 2024 earnings released First half 2024 results: EPS: ₹0.59. Net income: ₹6.01m (up ₹6.01m from 1H 2023). New Risk • Nov 08
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.4% Last year net profit margin: 2.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). Market cap is less than US$10m (₹448.9m market cap, or US$5.39m). Minor Risk Profit margins are more than 30% lower than last year (1.4% net profit margin). Announcement • Sep 13
Cargosol Logistics Limited Approves Regularization of Mr. Mohammed Saifi as Non-Executive Independent Director Cargosol Logistics Limited announced that at the Annual General Meeting held on Tuesday, September 12, 2023, approved regularization of Mr. Mohammed Saifi as Non-Executive Independent Director. Reported Earnings • Aug 24
Full year 2023 earnings released: EPS: ₹4.79 (vs ₹8.28 in FY 2022) Full year 2023 results: EPS: ₹4.79 (down from ₹8.28 in FY 2022). Revenue: ₹1.70b (down 15% from FY 2022). Net income: ₹42.1m (down 32% from FY 2022). Profit margin: 2.5% (down from 3.1% in FY 2022). The decrease in margin was driven by lower revenue. Announcement • Aug 22
Cargosol Logistics Limited, Annual General Meeting, Sep 12, 2023 Cargosol Logistics Limited, Annual General Meeting, Sep 12, 2023, at 13:00 Indian Standard Time. Agenda: To consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended 31 March, 2023 the Reports of the Board of Directors & Auditors thereon; to appoint a director in place of Mr. Samuel Muliyil, who retires by rotation and being eligible, offers himself for re-appointment; to consider Regularization of Mr. Mohammed Saifi as Non-Executive Independent Director; and to consider other matters. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹48.25, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 18x in the Logistics industry in India. Announcement • Jul 14
Cargosol Logistics Limited Announces Resignation of Mr. Anil Sharma as Independent Director The Board of Directors of Cargosol Logistics Limited at their meeting held on 13 July 2023, announced Resignation of Mr. Anil Sharma from the post of Independent Director with effect from 13 July, 2023. Reason for change: Resignation due to personal reasons. Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹47.92, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 21x in the Logistics industry in India. Announcement • May 23
Cargosol Logistics Limited to Report Second Half, 2023 Results on May 29, 2023 Cargosol Logistics Limited announced that they will report second half, 2023 results on May 29, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Anilkumar Sharma was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 11
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Anilkumar Sharma was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
