Sical Logistics Limited. (SICALLOG) AI Stock Analysis

• Market Cap: ₹6.52B
• Dividend Yield: N/A
• Average Volume (3M): 824.00
• Price to Earnings (P/E): ―
• Beta (1Y): 0.89
• Revenue Growth: 43.60%
• EPS Growth: 32.19%
• Country: IN
• Employees: 33
• Sector: Services
• Sector Strength: N/A
• Industry: Integrated Freight & Logistics
• EPS (TTM): -0.67
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: ₹102.00 ▼(-3.45% Downside)

The overall stock score is primarily impacted by the company's poor financial performance, characterized by declining revenues, negative margins, and high debt levels. Technical analysis provides some positive signals, but these are overshadowed by the company's financial instability. Valuation metrics further highlight the company's current unprofitability, contributing to a low overall score.

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: Positive
• Last Price: 105.64
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SICALLOG, the sentiment is Positive. The current price of 105.64 is above the 20-day moving average (MA) of 100.15, above the 50-day MA of 99.79, and above the 200-day MA of 104.43, indicating a bullish trend. The MACD of -0.53 indicates Negative momentum. The RSI at 63.56 is Neutral, neither overbought nor oversold. The STOCH value of 89.93 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	61 Neutral	₹7.08B	16.39	―	―	32.13%	9.29%
AVG	60 Neutral	₹3.34B	15.35	―	0.56%	10.27%	-47.39%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
SNOWMAN	54 Neutral	₹8.13B	126.13	―	2.12%	9.91%	-66.86%
SICALLOG	46 Neutral	₹6.52B	-32.92	―	―	43.60%	32.19%

Sical Logistics Limited. Corporate Events

Sical Logistics Promoter to Divest Shares for Regulatory Compliance

Sical Logistics Limited has announced that its promoter, Pristine Malwa Logistics Park Private Limited, intends to sell 0.15% of the company’s total paid-up equity share capital in the open market. This move is to comply with the mandatory 25% minimum public shareholding requirement under the Securities Contracts (Regulations) Rules. The sale, scheduled between September 24 and September 30, 2025, is part of the company’s strategy to align with regulatory requirements, ensuring adherence to legal provisions and maintaining transparency in its operations.