Patel Integrated Logistics Ltd. (PATINTLOG) AI Stock Analysis

• Market Cap: ₹723.00M
• Dividend Yield: 2.13%
• Average Volume (3M): 10.04K
• Price to Earnings (P/E): 9.2
• Beta (1Y): 1.55
• Revenue Growth: 5.92%
• EPS Growth: 14.93%
• Country: IN
• Employees: 261
• Sector: Services
• Sector Strength: N/A
• Industry: Integrated Freight & Logistics
• EPS (TTM): 0.39
• Shares Outstanding: 69,585,750
• 10 Day Avg. Volume: 14,163
• 30 Day Avg. Volume: 10,036
• PEG Ratio: 0.35
• Price to Book (P/B): 0.76
• Price to Sales (P/S): 0.27
• P/FCF Ratio: -195.12
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: ₹11.00 ▼(-18.09% Downside)
• Action: Reiterated Date: 02/25/26
• Date: Action: Reiterated 02/25/26

The score is held back mainly by weak technicals (price below key moving averages with negative MACD) and cash flow deterioration (negative free cash flow and low cash conversion). These are partially offset by a strong balance sheet with low leverage, improving profitability, and a relatively attractive valuation (low P/E with a moderate dividend yield).

Positive Factors

Strong Balance Sheet

A very low debt-to-equity ratio (0.11) and high equity ratio (72.37%) indicate durable financial flexibility and limited leverage risk. This capital structure supports investment, withstands cyclical shocks, and reduces refinancing pressure over the next several quarters.

Revenue Recovery and Growth

A near-18% revenue increase shows the core logistics business regaining demand and market traction. Sustained top-line growth supports scale benefits, underpins margin improvement opportunities, and provides a base for multi-quarter operational leverage.

Improving Profitability Metrics

Rising net margin and higher return on equity reflect improved operational efficiency and better capital utilization. Incremental margin expansion enhances cash generation potential and resilience, making profits less sensitive to modest demand swings over coming quarters.

Negative Factors

Free Cash Flow Deterioration

A dramatic swing from positive FCF to negative indicates structural cash-generation stress or working-capital absorption. Persistent negative FCF reduces reinvestment capacity, may force external financing, and undermines sustainability of dividends or capex plans.

Poor Cash Conversion

An OCF-to-net-income ratio of 0.12 shows earnings are not converting into cash efficiently, raising the risk of earnings quality issues and liquidity strain. Over months, weak cash conversion limits ability to service obligations or fund growth without tapping reserves.

Modest Profit Margins

Very low gross and net margins leave little buffer against cost inflation or pricing pressure in freight logistics. Limited margin headroom makes profits vulnerable to fuel, wage, or contract-price shocks and constrains ability to build sustained cash cushions.

Patel Integrated Logistics Ltd. Business Overview & Revenue Model

Company Description

Patel Integrated Logistics Limited provides logistics services in India. The company engages in the co-loading of airfreight; and provision of surface transport, warehousing, and air cargo consolidation services. It also operates gym facility; and offers fitness merchandise. The company was founded in 1959 and is based in Mumbai, India.

How the Company Makes Money

PATINTLOG generates revenue through multiple streams, primarily by charging clients for its logistics services, which include transportation fees, warehousing costs, and service charges for freight forwarding. The company benefits from long-term contracts with key clients, ensuring a steady flow of income. Additionally, PATINTLOG may engage in value-added services such as inventory management and customs clearance, which contribute to its revenue. Strategic partnerships with shipping companies, technology providers, and local distributors also enhance its service offerings and expand its market reach, further supporting its earnings potential.

Patel Integrated Logistics Ltd. Financial Statement Overview

Summary

Income statement shows recovery and growth (revenue up 17.95%) with improved net margin (2.22%), and the balance sheet is strong (low debt-to-equity of 0.11 and high equity ratio of 72.37%). However, cash flow is a key weakness with free cash flow falling to -4.76 million and weak cash conversion (operating cash flow to net income of 0.12).

Income Statement

The company shows a strong recovery in revenue from previous years with a revenue growth rate of 17.95% in the latest year. Gross profit margins are stable at around 4.6%, indicating consistent cost control. However, the net profit margin improved significantly to 2.22% from 1.91% the previous year, showcasing improved operational efficiency. EBIT and EBITDA margins have also remained steady. Overall, the income statement reflects resilience and growth potential, though margins are still relatively modest.

Balance Sheet

The balance sheet indicates a solid financial position with a low debt-to-equity ratio of 0.11, suggesting strong financial leverage management. The equity ratio stands at 72.37%, highlighting a robust capital structure with a significant portion of assets financed by equity. Return on equity has improved to 6.25%, showing enhanced profitability. The company's balance sheet reflects financial stability and prudent risk management.

Cash Flow

The cash flow statement reveals challenges, with a decline in free cash flow to -4.76 million, compared to 99.05 million the previous year. Operating cash flow decreased significantly, impacting liquidity. The operating cash flow to net income ratio is low at 0.12, signaling potential issues in converting profits into cash. The cash flow situation indicates the need for improved cash generation and management.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	3.38B	3.43B	2.91B	2.78B	2.33B	2.12B
Gross Profit	135.45M	158.02M	162.58M	133.66M	108.08M	85.87M
EBITDA	100.92M	87.79M	108.25M	122.37M	101.12M	101.13M
Net Income	77.09M	76.00M	55.38M	48.97M	22.73M	549.00K
Balance Sheet
Total Assets	0.00	1.68B	1.92B	1.72B	1.79B	1.90B
Cash, Cash Equivalents and Short-Term Investments	321.40M	321.40M	321.06M	281.60M	151.74M	184.70M
Total Debt	0.00	130.71M	241.20M	312.58M	479.85M	617.14M
Total Liabilities	-1.22B	464.56M	727.11M	543.59M	617.90M	736.77M
Stockholders Equity	1.22B	1.22B	1.19B	1.18B	1.17B	1.17B
Cash Flow
Free Cash Flow	0.00	-4.76M	99.06M	-55.15M	24.39M	-3.02M
Operating Cash Flow	0.00	8.77M	122.10M	-43.59M	91.50M	45.46M
Investing Cash Flow	0.00	5.54M	87.16M	9.26M	-5.26M	42.56M
Financing Cash Flow	0.00	-47.89M	-102.64M	232.54M	-42.00M	31.19M

Patel Integrated Logistics Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 13.43
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PATINTLOG, the sentiment is Negative. The current price of 13.43 is above the 20-day moving average (MA) of 11.31, above the 50-day MA of 12.37, and below the 200-day MA of 14.38, indicating a bearish trend. The MACD of -0.70 indicates Positive momentum. The RSI at 35.23 is Neutral, neither overbought nor oversold. The STOCH value of 23.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:PATINTLOG.

Patel Integrated Logistics Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INDBANK	71 Outperform	₹1.49B	20.15	―	―	-18.35%	-43.75%
MAHESHWARI	70 Outperform	₹1.22B	9.09	―	―	2.13%	35.04%
OBCL	60 Neutral	₹1.19B	-12.52	―	―	11.25%	-108.40%
PATINTLOG	58 Neutral	₹723.00M	9.18	―	2.13%	5.92%	14.93%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
ARSSINFRA	43 Neutral	₹1.25B	-678.38	―	―	-75.03%	-17499.32%

Patel Integrated Logistics Ltd. Corporate Events

Patel Integrated Logistics Seeks Shareholder Nod for RSU Scheme, CFO Re-designation and Intra-group Funding

Patel Integrated Logistics Ltd. has informed stock exchanges that it has published newspaper advertisements announcing a postal ballot and remote e-voting process for shareholders. The ballot seeks approval for a new 2026 Restricted Stock Unit (RSU) Scheme, including grants to employees of subsidiary companies and implementation through a trust structure with secondary share acquisition funded by the company.

Shareholders are also being asked to approve the re-designation and three-year re-appointment of Mahesh Fogla as whole-time director and Chief Financial Officer. In addition, the company is seeking consent to extend loans, guarantees, or securities to subsidiaries and certain other specified persons, steps that collectively indicate an effort to formalize long-term incentive plans, strengthen leadership structure, and provide financial flexibility within the group.