MoneyWorks4Me

Sical Logistics Ltd (SICALLOG)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 520086 NSE: SICALLOG Logistics | Small Cap | Sical Logistics Share Price

₹93 1.95 (2.14%)

As on 18-Sep'26 16:59

Sical Logistics Ltd (SICALLOG)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 520086 NSE: SICALLOG Logistics | Small Cap | Sical Logistics Share Price

₹93 1.95 (2.14%)

As on 18-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹742 Cr.
Current Price
₹93
52-Week Low / High
₹62 / 124
TTM EPS
₹8.9
TTM Sales
₹421 Cr.
Book Value per Share
₹19.1
P/E Ratio
10.44
Industry PE
37.7
Price to Book (P/B)
4.87
In line with its 5-year historical median
Price to Sales (P/S)
1.76
Lower than its 5-year historical median
EV/EBITDA
9.58
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
-217.04%
Underperforms industry median
Return on Capital Employed (ROCE)
2.38%
Underperforms industry median
Return on Assets (ROA)
-3.20%
Operating Profit Margin
9.7%
Net Profit Margin
-11.72%
Gross Profit Margin
-1.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
-39.22%
Operating Profit Growth (1 Year)
-
29.4%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
73.50%
Pledged shares (%) of Promoter's holding (%)
56.01%
Reserves
₹73 Cr.
Equity
₹79.8 Cr.
Face Value
₹10
All Time Low / High
₹4.95 / 574.75

Sical Logistics stock performance

Key Ratios
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Check Before You Invest

Valuation

Fair

Price Trend

Weak
Q.1 Is Sical Logistics Ltd a good quality company?
Sical Logistics Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Sical Logistics Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Sical Logistics Ltd vs industry peers?
Sical Logistics Ltd revenue CAGR is -26.09%, compared to the industry median CAGR of 0%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Sical Logistics Ltd?
Promoters hold 73.50% of the Sical Logistics Ltd, with 56.01% of their stake pledged, indicating high pledge risk.
Q.1 Stock return of Sical Logistics Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -3.9% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Sical Logistics Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 10.8%12.7%11.3%5.4%-5.5%-133.6%-334.4%-341.2%-3.1%-3.3%-
Value Creation
Index
-0.2-0.1-0.2-0.6-1.4NANA-25.4-1.2-1.2-

Growth Parameters

Sales 5918171,0741,30383737721126666.240.2192
Sales YoY Gr.-38.4%31.4%21.3%-35.8%-55%-44%26.2%-75.1%-39.2%-
Adj EPS 374.54.2-12-69.4-21.7-34.2-7.5-6.88.1
YoY Gr.-137.2%-35.6%-6.4%-383.7%NANANANANA-
BVPS (₹) 90.698.8103.910388.5-108-149.618.111.14.322.1
Adj Net
Profit
19.947.130.329.9-84.7-490-153-269-58.9-53.664
Cash Flow from Ops. 984386.7-44.121556.426.6-913.4-3.4-
Debt/CF from Ops. 6.92211.9-23.73.914.531.4-42.730.7-124.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -25.8%-45.5%-42.4%-39.2%
Adj EPS -209.7%NANANA
BVPS-28.7%-45.4%NA-61.1%
Share Price -3.9% 53.8% 141.8% 7.1%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
4.28.95.45.1-15.1860.820.371-61.8-106.861
Op. Profit
Mgn %
12.813.710.410.8-3.7-7-302.6-0.9-12.822.3
Net Profit
Mgn %
3.45.82.82.3-10.1-130.1-72.6-101-89-133.433.5
Debt to
Equity
1.31.71.81.71.6-1.3-13.25.714.9-
Working Cap
Days
477437396314459578383139184306104
Cash Conv.
Cycle
82665962836522-756312255

Valuation of Sical Logistics - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.0056.0056.0156.0156.0156.01
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales7771,0331,3551,5251,006504349392221222
Operating Expenses + 6768861,1941,3531,028518389365204200
Manufacturing Costs5886588571,148822368295310145139
Material Costs0000000000
Employee Cost 42621031241335429242522
Other Costs 4616623480749565313540
Operating Profit 102147161172-22-14-41271721
Operating Profit Margin (%) 13.1%14.3%11.9%11.3%-2.2%-2.8%-11.6%6.9%7.5%9.7%
Other Income + 15171662939261819
Exceptional Items 00000-938-128-7703810
Interest 575962645513921193943
Depreciation 34436372847971564838
Profit Before Tax 26635343-133-1,167-252-791-15-31
Tax 7252319-242565-5
Profit After Tax 19383024-109-1,169-257-798-20-26
PAT Margin (%) 2.4%3.7%2.2%1.6%-10.9%-232.0%-73.8%-203.0%-9.0%-11.7%
Adjusted EPS (₹)3.36.95.43.5-18.3-198.0-44.5-122.0-3.8-5.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 456494525602492-668-9315429-5
Share Capital 56565659595959656565
Reserves 400438469544433-726-989-12-37-70
Debt +8941,0521,0401,097744393422398337262
Long Term Debt7678537697924515213340312238
Short Term Debt127199271305293341409582524
Minority Interest187188197193176170165109127134
Trade Payables7692108121194169382664248
Others Liabilities 3604685827351,1511,6591,525165231418
Total Liabilities 1,9722,2932,4512,7492,7581,7231,562791766857

Fixed Assets

Net Fixed Assets +764901921907940839764605557603
Gross Block9661,1461,2321,2891,4041,3481,3371,0981,0621,027
Accumulated Depreciation202245311381464508573493505424
CWIP 6737658791,0281,28439440801052
Investments 17172418691111
Inventories1314141516159000
Trade Receivables203286308397241213142554472
Cash Equivalents 29418615065878211987
Others Assets 273270297324220187151483442
Total Assets 1,9722,2932,4512,7492,7581,7231,562791766857
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 755512054292158687820
PBT 26635343-133-1,167-252-828-24-31
Adjustment 77931231321231,1982438463858
Changes in Working Capital -17-109-46-8330712849-14-10-15
Tax Paid -108-10-37-4-127347
Cash Flow From Investing Activity + -188-241-184-217-242-26-5579-7-64
Capex -202-272-176-206-271-36-1129-4-55
Net Investments 70-12-13258-4446-10-14
Others 73142421476
Cash Flow From Financing Activity + 11919832168-47-110-36-2325-3
Net Proceeds from Shares 000570006500
Net Proceeds from Borrowing 132185249-75-47-58-966030
Interest Paid -57-59-62-64-52-126-9-10-43-29
Dividend Paid 0000000000
Others 447292126806331178-4
Net Cash Flow 711-335323-236226-47
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)4.148.075.974.26-20N/AN/A0-48.3N/A
ROCE (%)6.27.586.365.5-4.12N/AN/A-182.914.54N/A
Asset Turnover Ratio0.420.480.570.670.420.260.210.330.280.27
PAT to CFO Conversion(x)3.951.4542.25N/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days86.4086.408074.30101.40139.90185.5091.4081.5095.60
Inventory Days6.704.803.7034.909.7012.80000
Payable Days0000000000

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Sical Logistics Ltd FAQs

The current trading price of Sical Logistics on 18-Sep-2026 16:59 is ₹93.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 17-Sep-2026 the market cap of Sical Logistics stood at ₹742.0 Cr

The latest P/E ratio of Sical Logistics as of 17-Sep-2026 is 11.55.

The latest P/B ratio of Sical Logistics as of 17-Sep-2026 is 4.21.

The 52-week high of Sical Logistics is ₹124.2 and the 52-week low is ₹61.73.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sical Logistics is ₹192 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Sical Logistics Ltd is a below average quality company.

The key valuation ratios of Sical Logistics Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Sical Logistics Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Sical Logistics Ltd

Sical is India’s leading provider of integrated solutions for offshore logistics and multi-modal logistics for bulk and containerized cargo. The company is the handler of more than 26 million tonnes of bulk cargo and 500,000 TEUs of containerized cargo annually.

Sical provides end-to-end solutions in:

  • Bulk logistics – stevedoring; port terminals; customs house and shipping agency; trucking; railroad; warehousing
  • Container logistics – container terminals; ICD; CFS
  • Offshore logistics – platform supply vessel; cutter suction dredger

Sical’s delivery network includes an exclusive walk-in berth at Chennai for ships carrying bulk cargo; a container terminal at Tuticorin; 225,000 square feet of storage across 17 warehouses; owned and regularly contracted fleet of more than 1000 transport vehicles; container freight stations at 3 locations across India; Sical Torino, a deepwater-capable platform supply vessel, and Sical Portofino, a cutter suction dredger.

Commodities services by the company are Dry bulk, Liquid bulk, Gases, Steel material, Ores, Metals, Containers, Over-dimensional cargo and Packaged goods.  

Subsidiaries

Sical Infra Assets, a 100% subsidiary of Sical Logistics, bundles the parent's seven different special purpose vehicles (SPVs) for operating asset-heavy, capital-intensive, longer gestation infrastructure-based businesses. The SPVs: Sical Multimodal and Rail Transport Ltd (SMART), Nagpur Sical Gupta Road Terminal Ltd (NSGRT), Nagpur Sical Gupta Logistics Ltd (NSGL), Sical Iron Ore Terminals Ltd (SIOT), PSA Sical Terminals Ltd, Chennai International Terminals Pvt Ltd (CITPL), Sical Distriparks Ltd and Bergen Offshore Logistics Pte Ltd. The rationale behind forming SIAL was to promote the longer duration BOT type infrastructure business separately from the short cycle services-oriented businesses.

Infrastructure

  • Exclusive berth at Chennai port (JD5) for handling bulk cargo provides walk-in berthing for bulk cargo vessels; avoids pre-berthing delays.
  • Container terminal at Tuticorin port with 250,000 ft2 of open-bonded area, container stacking capacity of 3,000 TEUs.
  • Port handling, customs handling at the ports of Chennai, Tuticorin, Vishakhapatnam, Nhavasheva, Kandla, Haldia, Paradip and Goa.
  • Ship agency at all Indian ports.
  • Container freight stations near the ports Nhava Sheva, Tuticorin, Chennai.
  • Trucking fleet: 1000 vehicles.
  • Warehouses at 17 locations across India with 2.05 lakh sq ft storage area.

Awards

  • Chamber of Commerce EXIM achievement award for Best CFS - 2011- 2012
    Sical won Tamil Chamber of Commerce EXIM achievement award for "Stevedore of the Year 2011-2012"
  • South East Conclave award for “Best CFS of the year” 2012
    Sical won “Stevedore of the year 2011 – 2012” award from Ennore Port Limited
  • 2010
    South East Conclave awards for Best Logistics Company of the year - 2010
  • 2011
    Chamber of Commerce EXIM achievement award for Best Stevedore - 2011
  • Best bulk logistics provider – Express, Logistics and Supply Chain Conclave, September 2008
  • Best bulk logistics provider – Express, Logistics and Supply Chain Conclave, September 2007
  • PSA Sical Terminals Limited rated No.1 in technical efficiency, scale efficiency and overall efficiency, occupying first place in the world along with Singapore, Hong Kong and Kaohsiung. The study, commissioned by Government of India, aimed to benchmark the efficiency of the Indian container terminals against the best in the world.
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