Company Overview

Patel Integrated Logistics Limited (PILL) submitted its Investor Presentation for November 2026 to BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The document was filed on November 02, 2026, by Avinash Paul Raj, Company Secretary & Compliance Officer, with scrip code 526381 and NSE symbol PATINTLOG.

Company History and Operations

Founded in 1962 by Mr. Asgar Shakoor Patel, the company began as Patel Roadways Pvt. Ltd. and evolved into a full-spectrum logistics provider. In 1998, the company launched Patel On-Board Couriers Ltd. (POBC) for wholesale courier services. In 2006, Patel Integrated Logistics Ltd. was formed through the merger of Patel Roadways Ltd. and POBC.

The company operates a pan-India network with presence across 112 airports and 125+ offices. It offers air freight services through commercial passenger flights for domestic and international cargo, including same-day and last-mile delivery. PILL serves diverse industries including e-commerce, pharmaceuticals, automobile, FMCG, IT, and engineering firms.

Geographical Presence

The company has extensive coverage across India:

  • North Zone: 27 cities, 1 hub, 30 branches
  • West Zone: 19 cities, 3 hubs, 22 branches
  • East Zone: 10 cities, 1 hub, 13 branches
  • South Zone: 23 cities, 3 hubs, 25 branches

Business Segments

Airfreight Services

Patel Airfreight (PAF) Domestic, established in 1980, is an IATA-accredited cargo agency. PAF International, launched in 2004, is a member of the Global Logistics Network (GLN) with 136 members across 60 countries. The company has strategic tie-ups with major airlines including IndiGo, Air India, and SpiceJet.

Warehousing Services

Established in 2017, Patel Warehouse provides services in Warehousing & Distribution, Manufacturing Logistics, and C&F Management. The company has over 200,000 sq. ft. of warehousing space, with the Bangalore warehouse leased for 99 years. Warehouses are rented to various industries under lease terms ranging from 10 to 99 years.

Technology Infrastructure

PILL has developed a proprietary cloud-based platform for operations and billing, featuring:

  • Custom cloud solution for collaborative freight forwarding management
  • Universal track-and-trace mechanism for real-time shipment visibility
  • Digital Proof of Delivery mechanism
  • GST and VAT-compliant cloud accounting system
  • Mobile application for real-time MIS data access

Management Structure

Board of Directors

  • Mr. Syed K Husain: Independent Director and Chairman
  • Mr. Ramakant K. Kadam: Non Executive Non Independent Director
  • Mr. Hari Nair: Non Executive Non Independent Director
  • Mr. Mahesh Fogla: Non Executive Non Independent Director
  • Ms. Bindiya Raichura: Independent Director
  • Mr. Kannan: Independent Director
  • Mr. Vikas Porwal: Executive Director

Senior Management

  • Chief Operating Officer (COO) - Southern and Eastern Region
  • Chief Financial Officer: Mr. Krishna Shukla
  • Company Secretary and Compliance Officer: Mr. Avinash Paul Raj

Financial Performance

Q2 FY27 Results (₹ in millions)

| Particulars | Q2-FY27 | Q2-FY26 | Y-o-Y | Q1-FY27 | Q-o-Q |

| Operational Income | 1,098 | 941 | 16.68% | 1,138 | (3.51)% |

| Total Expenses | 1,073 | 916 | 17.14% | 1,113 | (3.59)% |

| EBITDA | 25 | 25 | - | 25 | - |

| EBITDA Margins (%) | 2.28% | 2.66% | (0.38)bps | 2.20% | 0.08bps |

| Other Income | 4 | 5 | (20.00)% | 7 | (42.86)% |

| Depreciation and Amortization | 6 | 6 | - | 6 | - |

| Finance Cost | 1 | 1 | - | 1 | - |

| PBT | 22 | 23 | (4.35)% | 25 | (12.00)% |

| Profit After Tax | 22 | 23 | (4.35)% | 25 | (12.00)% |

| PAT Margins (%) | 2.00% | 2.44% | (0.44)bps | 2.20% | (0.19)bps |

| EPS (₹) | 0.34 | 0.32 | 6.25% | 0.36 | (5.56)% |

Balance Sheet Highlights (₹ in millions)

| Particulars | FY25 | FY26 | H1FY27 |

| Property, plant and equipment | 338 | 329 | 322 |

| Investment Property | 129 | 127 | 126 |

| Trade receivables | 675 | 728 | 784 |

| Cash and Cash Equivalents | 286 | 270 | 195 |

| Total Equity | 1,217 | 1,235 | 1,156 |

| Total Borrowings (Current + Non-current) | 131 | 62 | 53 |

| Trade Payables | 134 | 131 | 136 |

Capital Market Information (as on September 30, 2026)

  • Face Value: ₹10.00
  • Current Market Price: ₹13.01
  • 52 Week High/Low: ₹16.60
  • Market Capitalization: ₹835.06 million
  • Number of Shares Outstanding: 64.19 million
  • 1 Year Average Trading Volume: 132,080 shares
  • Shareholding Pattern: Promoters 35.00%, Public 65.00%

Industry Overview

Air Freight Market

  • Indian air freight market valued at USD 13.09 Bn in 2023, expected to grow to USD 17.22 Bn by 2028 (CAGR 5.7%)
  • 2.98 million MT of air cargo handled in FY2026
  • E-commerce share of total air cargo volumes projected to rise from 20% to 30% by 2027
  • Industry projected to reach approximately 5.5 Mn MT by 2029 with CAGR of 6-9%

Warehousing Market

  • Indian warehousing market predicted to reach USD 34.99 billion (₹2,872.10 billion) by 2027, expanding at CAGR of 15.64%
  • Space requirement expected to reach 483 Mn sq. ft. in 2026 from 265 Mn sq. ft. in FY2021 (CAGR 12.77%)
  • Top six cities with modern warehousing capacity: Ahmedabad, Bangalore, Chennai, Mumbai, Delhi, Pune
  • 3PL sector acquired 30% of warehousing space in 2021, followed by E-commerce at 23%

CSR Initiatives

  • Donated Blood-Donation Bus to TATA Memorial Hospital
  • Co-Sponsored 6th International Women Tennis Championship in December
  • Donated ₹7 lakhs to Rotary Club of Bombay Bandra
  • Donated Buggy to Dignity Lifestyle Senior Living, Neral

Disclaimer

The presentation contains forward-looking statements subject to risks and uncertainties. No representation or warranty is made as to the fairness, accuracy, completeness or correctness of the information contained in the presentation.