Sical Logistics Limited. (SICALLOG) AI Stock Analysis

• Market Cap: ₹5.80B
• Dividend Yield: N/A
• Average Volume (3M): 824.00
• Price to Earnings (P/E): ―
• Beta (1Y): 0.71
• Revenue Growth: 76.34%
• EPS Growth: 94.50%
• Country: IN
• Employees: 33
• Sector: Services
• Sector Strength: N/A
• Industry: Integrated Freight & Logistics
• EPS (TTM): 1.79
• Shares Outstanding: 65,249,080
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 824
• PEG Ratio: 2.37
• Price to Book (P/B): -118.14
• Price to Sales (P/S): 2.54
• P/FCF Ratio: -6.45
• 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: 39 Underperform
• Price Target: ₹88.00 ▲(1.79% Upside)

The overall stock score is primarily driven by significant financial challenges, including declining revenues, negative profitability, and high debt levels. Technical indicators also suggest a bearish trend, further impacting the score. The lack of profitability and absence of dividends contribute to a poor valuation score.

Positive Factors

Revenue Growth

Despite financial challenges, the company shows a strong revenue growth rate, indicating potential for market expansion and service adoption.

Strategic Partnerships

These partnerships enhance service offerings and competitive pricing, supporting long-term business sustainability and customer retention.

Technology Investment

Investing in technology improves operational efficiency and cost reduction, which can enhance profitability and service delivery over time.

Negative Factors

High Debt Levels

High debt levels pose insolvency risks and limit financial flexibility, potentially impacting long-term operational stability.

Negative Profitability

Negative profitability margins suggest ongoing operational inefficiencies, which could hinder sustainable growth and shareholder returns.

Cash Flow Volatility

Volatile cash flows and negative free cash flow indicate liquidity challenges, making it difficult to sustain operations without external financing.

Sical Logistics Limited. Business Overview & Revenue Model

Company Description

Sical Logistics Limited provides integrated logistics solutions in India. The company handles dry and liquid bulk cargo at various ports, as well as containers at Tuticorin container terminal; and operates container freight stations at Chennai, Vizag, and Tuticorin. It also offers customs house agency, terminal handling, chartering, shipping agency, and stevedoring services; road logistics services for transporting dry and liquid bulk, project cargo, over dimensional cargo, fertilizers, metals, and packaged goods; cold chain, warehousing, and dry logistics services for hospitality, pharma, and FMCG industries; and end to end integrated logistics solutions for bulk and containerized cargo. In addition, the company operates coal berth and coal cum iron ore terminal at Kamarajar Port. Further, it offers surface mining services; and bulk handling solutions at mines, as well as develops and operates mines. The company was incorporated in 1955 and is based in Bengaluru, India.

How the Company Makes Money

Sical Logistics Limited generates revenue through multiple streams primarily focused on logistics and supply chain management services. Key revenue streams include freight forwarding, where the company earns fees for transporting goods; warehousing services, which provide storage solutions and generate income from rental agreements; and customs clearance, where fees are charged for facilitating the import and export of goods. The company’s strategic partnerships with shipping lines, airlines, and freight forwarders further bolster its service offerings, allowing it to secure competitive pricing and enhance service delivery. Additionally, SICALLOG benefits from long-term contracts with clients, which provide a stable revenue base and increase customer retention. Continuous investment in technology also enables the company to optimize its operations, reduce costs, and improve service efficiency, ultimately contributing to its profitability.

Sical Logistics Limited. Financial Statement Overview

Summary

Sical Logistics Limited faces significant financial challenges, with declining revenues, negative profitability margins, and a precarious balance sheet characterized by high debt and negative equity. Although cash flow metrics show some fluctuations, they underscore liquidity issues. The company needs strategic restructuring to improve its financial health and operational efficiency.

Income Statement

The company has experienced declining revenue over the years, with a significant drop from 2020 to 2025. Gross profit margins are negative, indicating a cost structure that exceeds revenues. The net profit margin is also negative due to persistent net losses, which suggests ongoing operational challenges. Margins like EBIT and EBITDA are consistently negative, reflecting poor operational efficiency and profitability.

Balance Sheet

The balance sheet reveals a high debt burden with a negative equity position in recent years. The debt-to-equity ratio is unfavorable, and the equity ratio is negative, indicating insolvency risks. The return on equity is not meaningful due to negative equity, highlighting the company's inability to generate returns for shareholders.

Cash Flow

Cash flow analysis shows volatility with negative free cash flow in recent years, indicating the company is spending more than it earns. Operating cash flow has been inconsistent, and the ratio to net income is unfavorable due to ongoing net losses. This reflects liquidity concerns and challenges in sustaining operations without external financing.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.77B	2.22B	2.21B	3.92B	3.49B	5.04B
Gross Profit	343.32M	90.30M	-83.30M	-171.90M	-597.60M	-114.60M
EBITDA	421.89M	502.60M	436.80M	-7.16B	-1.60B	-9.51B
Net Income	-134.50M	-258.40M	-282.90M	-8.34B	-2.60B	-11.60B
Balance Sheet
Total Assets	0.00	8.58B	7.66B	8.41B	16.21B	17.87B
Cash, Cash Equivalents and Short-Term Investments	865.10M	865.10M	935.30M	680.00M	151.80M	646.20M
Total Debt	0.00	6.08B	5.07B	4.81B	13.57B	13.66B
Total Liabilities	-1.30B	7.28B	6.10B	6.79B	23.87B	22.85B
Stockholders Equity	1.30B	-47.70M	287.20M	535.20M	-9.31B	-6.68B
Cash Flow
Free Cash Flow	0.00	-874.20M	-463.10M	-104.50M	456.30M	-175.30M
Operating Cash Flow	0.00	-32.60M	77.90M	8.60M	598.70M	343.90M
Investing Cash Flow	0.00	-696.20M	-70.50M	786.60M	-555.10M	-278.20M
Financing Cash Flow	0.00	260.00M	247.10M	-230.00M	-269.20M	-1.10B

Sical Logistics Limited. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 86.45
• 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:SICALLOG, the sentiment is Negative. The current price of 86.45 is below the 20-day moving average (MA) of 92.68, below the 50-day MA of 93.71, and below the 200-day MA of 101.33, indicating a bearish trend. The MACD of -1.75 indicates Positive momentum. The RSI at 45.52 is Neutral, neither overbought nor oversold. The STOCH value of 66.34 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SICALLOG.

Sical Logistics Limited. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RITCO	74 Outperform	₹7.30B	16.84	―	―	34.34%	2.00%
AVG	58 Neutral	₹2.56B	11.96	―	0.66%	6.71%	-53.24%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
SNOWMAN	50 Neutral	₹6.50B	222.28	―	2.44%	9.91%	-66.86%
SICALLOG	39 Underperform	₹5.80B	-408.67	―	―	76.34%	94.50%

Sical Logistics Limited. Corporate Events

Sical Logistics Announces Board Changes and Financial Results

Sical Logistics Limited announced changes in its board of directors, including the re-appointment of Mr. Seshadri Rajappan as a whole-time director for a three-year term starting January 2026. The board also approved the company’s unaudited financial results for the quarter and half-year ending September 2025, reflecting ongoing compliance with regulatory requirements. These developments are expected to influence the company’s strategic direction and reassure stakeholders of its commitment to maintaining leadership stability and financial transparency.