Sical Logistics Ltd(SICALLOG)

NSE: SICALLOGBSE: 520086

₹ 74.55-4.53%refreshed 26 Oct, 01:10 pm ISTMarket cap: ₹ 595 crWebsite: www.sical.inUpdated: 24 Oct 2026

About

Sical Logistics, incorporated in 1955, is a diversified integrated logistics provider offering overburden removal and coal transportation, container freight station operations, warehousing and distribution, and dredging. It reported revenue of Rs 385.68 Cr in FY26. Its mining logistics order book stood at Rs 46,000 Mn as of 1 April 2026, and it says it has a 10%+ share of Chennai CFS volumes in FY26.^[1][2][3]

Business lines

Mining Logistics revenue was Rs 710 Mn in Q1 FY27, up 61.7% YoY; it includes Rs 118 Mn of diesel escalation pass-through.^[4]
Terminal revenue was Rs 444 Mn in Q1 FY27, up from Rs 360 Mn in Q1 FY26; Chennai MMLP contributed Rs 54 Mn.^[4]
Warehousing & 3PL revenue was Rs 172 Mn in Q1 FY27 (-3%) as the low-margin Full Truck Load business was reduced.^[4]
FY26 revenue by line: mining logistics Rs 1,648 Mn (vs Rs 402 Mn in FY25), terminals Rs 1,399 Mn (vs Rs 1,200 Mn), warehousing Rs 815 Mn (vs Rs 620 Mn).^[3]
The company reports a single segment, integrated logistics services.^[1]

Operations and capacity

Its CFS facilities at Chennai, Tuticorin and Visakhapatnam have a combined handling capacity of 0.4 million TEUs across about 325,000 square metres (FY26).^[1]
Subsidiary Pristine Value Logistics runs 23 warehouses with 12,19,613 sq ft of space in Maharashtra, Goa, Chhattisgarh and Karnataka (FY26).^[1]
Chennai's 82-acre rail-linked MMLP, the first private one there, began commercial operations in December 2025.^[3]
Sical holds 53.60% of Sical Infra Assets, which owns SMART (CFS operator) and Sical Bangalore Logistics Park.^[1]

Key operating numbers

CFS volumes in FY26: Chennai 1,48,192 TEUs (+14% YoY), Tuticorin 27,492 TEUs (-10% YoY), Vizag 24,362 TEUs (+31% YoY).^[3]
Production share in the Nigahi JV rose to 35% in Q1 FY27 from ~25% in FY26.^[4]
Mining order book was Rs 38,000+ Mn in Q1 FY27, vs Rs 46,000 Mn as of 1 April 2026.^[4][3]

Customers

It runs mining logistics for public sector miners including Northern Coalfields Limited in Madhya Pradesh.^[1]
It serves customers in mining, infrastructure, manufacturing, metals, energy, fertilizers, cement, automobiles and consumer goods.^[1]
FY26 annual report names dependence on a limited number of large contracts from government entities as a risk.^[1]
PVLPL serves electricals, paints, renewables, pharma, construction and beverages, and has entered the national super stockist model in pharma.^[1]

Projects and expansion

SECL Porda Chimtapani overburden removal contract in Chhattisgarh: Rs 4,03,800 lakh incl. GST, about 11 years 7 months.^[1]
SECL moved Rs 776.9 Mn (2.27%) of the Rs 34,222 Mn contract to Kanchan OCM; a Rs 720 Mn Tata Capital equipment lease is secured and COD is expected in Q2 FY27.^[4]
Plans a 65+ acre rail-linked MMLP in Bengaluru.^[4]

Recent developments

04 Oct 2026: SAIL award for excavation and transport of iron ore at Dalli Mech Mine Phase #6, Rs 39,22,92,000 excl. GST, from 05.10.2026 to 18.11.2028.^[5]
07 Aug 2026: NCLT admitted subsidiary Sical Iron Ore Terminal (Mangalore) into corporate insolvency resolution.^[1]
July 2026: Rs 1,150 Mn Axis Bank facilities executed: Rs 850 Mn 9-year term loan at 9.25% to refinance Aditya Birla Finance debt, plus Rs 300 Mn working capital.^[4]
30 Jun 2026: sold non-core Madhavaram, Chennai land and building for Rs 180 Mn.^[4]
FY26: raised Rs 930.3 Mn via an 11:5 rights issue to meet 25% public float; promoter holding fell to 73.50%.^[3][1]
FY26: paid the final resolution plan tranche of Rs 22,600 lakh and received NOC from financial creditors.^[1]
CFO K. Rajavel and the company secretary resigned after FY26 year-end.^[1]
The promoter is being merged into ultimate holding company Pristine Logistics & Infraprojects.^[1]

Market Cap

₹595 Cr

High / Low

₹124 / 62

Stock P/E

17.6

Price / Book

4.8

Book Value

₹16

EPS

₹6.2

No. of Shares

7.98 Cr

ROCE

9.8%

ROE

77.9%

OPM

17.4%

Debt / Equity

3.30

Sales

₹386 Cr

Net Profit

₹49 Cr

Promoter holding

73.4%

Loading chart…

Signal history

AI Deep Dive

The analysis Screener can't give you

Our models read the latest earnings call, annual report, and financials end-to-end - then grade management, value the business, and flag the risks. Unlock all of it for this company:

Verdict
The headline call - descriptive label, conviction, and the synthesis behind it.
Valuation
Guidance-anchored P&L bridge - worst / average / best multiple cases.
Walk the talk
Did management deliver on past guidance? A commitment-by-commitment scorecard.
Red flags
Forensic and governance risk pointers, severity-ranked.
Balance sheet
Solvency and earnings-quality score.
Concall briefs
Quarter-by-quarter earnings-call briefs - what changed and why.

₹49 unlocks this company for 90 days, ₹299 for a full year - bundles bring it lower. Built on public disclosures - educational, not investment advice.

AI Deep Dive

Verdict

Locked

The headline call - descriptive label, conviction, and the synthesis behind it.

Company data

Financials