Sical Logistics Reports Strong Start to FY27; Revenue Jumps 36% as Mining Sector Drives Growth

Sical Logistics Reports Strong Start to FY27; Revenue Jumps 36% as Mining Sector Drives Growth​

Sical Logistics Limited, an integrated logistics service provider offering end-to-end solutions across mining, terminals, warehousing, and 3PL services, announced its unaudited consolidated financial results for the quarter ending June 30, 2026. The company reported robust top-line growth, led by the Mining Logistics segment, while maintaining disciplined execution despite external market challenges.

Consolidated revenue reached Rs. 1,326 Million in Q1FY27, marking a significant year-on-year (YoY) increase of 35.9%. Consolidated EBITDA stood at Rs. 250 Million for the quarter, representing an 8.8% YoY growth.

Commenting on the performance, Mr. Satish Kumar Reddy, Chairman and Independent Director, stated that the company commenced FY27 on a strong footing. He attributed the revenue surge to the robust performance across its Mining Logistics and Terminals businesses. Despite facing operational disruptions from geopolitical developments and elevated fuel costs during the quarter, Sical achieved EBITDA growth of 9% YoY (adjusted based on provided data details), reflecting the resilience of its diversified business model and prudent cost management.

Segmental Performance Highlights​

The Mining Logistics segment was identified as the key growth driver, benefiting from an increased production share in the Nigahi project, which grew to 35% from approximately 25% in FY26. The Terminals business recorded healthy growth, largely due to the commencement of operations at Chennai MMLP and improved margins in CFS operations.

The Warehousing & 3PL vertical remained resilient, achieving margin expansion by managing a degrowth in the low-margin Full Truck Load transportation business. This outcome highlights the scalability of Sical's integrated logistics platform and its commitment to operational efficiency. The diverse revenue streams continue to provide stability across various logistics verticals and customer industries served by Sical.

Financial Overview: Q1FY27 vs FY26​

Ernst & Young LLP presented the consolidated financial performance, showcasing key metrics for Q1FY27 compared against Q1FY26 and Full Year FY26 figures.

The table below details the overall financial standing of the company during the quarter:


The performance across individual segments in Q1FY27 is detailed as follows:

Strategic Initiatives and Outlook​

During the reporting quarter, Sical undertook several strategic steps to enhance its financial flexibility and strengthen its balance sheet. These measures included the monetization of non-core assets and the execution of Rs. 1,150 Million banking facilities with Axis Bank to support working capital and refinancing requirements.

Looking ahead, the company maintains a positive outlook, supported by a healthy order book in Mining Logistics and growing traction in terminal and multimodal logistics businesses. Furthermore, Sical anticipates receiving revenue contribution from the SECL Porda-Chimtapani project soon. Following a revised work order issued by SECL approving a partial site change at Kanchan OCM, Sical will reallocate a portion of the contract to execute operations at Kanchan-OCM, which is expected to commence in Q2FY27.

Backed by the operational strength of the Pristine Group and a strengthened capital structure, Sical remains focused on scaling its business, improving asset utilization, expanding margins, and creating sustainable long-term value for its stakeholders.

SICALLOG Stock Price Movement​

Shares of Sical Logistics Limited today slipped by 1.62%, concluding the session at ₹115.5 in post-market trading. The stock saw a traded volume of 46,940 shares during the day.