Key Operational Figures Q1FY27

  • Total shipments handled: 10,545+
  • Active customers: 5,000+ across SME and enterprise segments
  • Network: 25 branches covering key industrial, port and consumption hubs
  • Warehousing: 30+ warehouses aggregating ~13.8 lakh sq. ft. of space
  • Workforce: Scaled to 500+ employees

Q1FY27 Consolidated Financial Performance (₹ in lakhs)

| Particulars | Q1 FY27 | Q1 FY26 | Y-o-Y (%) |

| Revenue From Operations | 11,999.77 | 10,137.76 | 18.37% |

| Other Income | 43.34 | 52.6 | |

| Total Income | 12,043.11 | 10,190.36 | |

| Operating Expenses | 9,601.50 | 7,814.58 | |

| Employee Benefits Expenses | 971.53 | 1,188.02 | |

| Other Expenses | 349.51 | 519.88 | |

| EBITDA | 1,120.57 | 667.88 | 67.78% |

| EBITDA Margin (%) | 9.3% | 6.6% | 275 Bps improvement |

| Depreciation and Amortization Expense | 609.61 | 694.75 | |

| Finance Cost | 237.79 | 302.97 | |

| Profit/(Loss) before tax | 273.17 | -329.84 | |

| Tax Expenses | 66.92 | -32.05 | |

| Net Profit after tax | 206.25 | -297.79 | Return to profitability |

| Net Profit Margin (%) | 1.7% | N/A | |

| Earnings per share - Basic | 1.14 | -1.64 | |

FY26 Annual Consolidated Financial Performance (₹ in lakhs)

| Particulars | FY26 | FY25 | Y-o-Y (%) |

| Revenue from Operations | 43,172.65 | 50,014.56 | -13.68% |

| Other Income | 134.53 | 315.38 | |

| Total Income | 43,307.18 | 50,329.94 | |

| Operating Expenses | 33,394.08 | 39,660.80 | |

| Employee Benefit Expenses | 4,517.56 | 4,101.83 | |

| Other Expenses | 1,559.48 | 1,886.38 | |

| EBITDA | 3,836.06 | 4,680.93 | -18.05% |

| EBITDA Margin (%) | 8.89% | 9.3% | (47) Bps |

| Depreciation & Amortization Expenses | 2,701.59 | 2,799.34 | |

| Finance Cost | 1,065.24 | 1,406.95 | |

| Profit / (Loss) Before Tax | 69.23 | 474.64 | |

| Tax Expenses | 38.22 | 105.09 | |

| Net Profit after tax | 31.01 | 369.55 | -91.61% |

| Net Profit Margin (%) | 0.07% | 0.7% | (67) Bps |

| Basic Earning Per Share | 0.17 | 2.03 | -91.63% |

Working Capital Efficiency Improvements

  • Total Debtors increased by ~10% over 12 months from ₹60.36 Cr in Jul-25 to ₹66.32 Cr in Jun-26
  • 60+ Day Receivables reduced by ~22.4% from ₹13.95 Cr to ₹10.82 Cr
  • Improved Receivable Quality: 60+ Day Overdues as % of debtors improved from 23.1% to 16.3%
  • Higher proportion of receivables within the below-60-day bucket
  • Lower concentration of long-outstanding receivables

Business Model and Competitive Strengths

  • Asset-light and scalable business model with margin-based freight forwarding
  • Technology-enabled scalability without proportional cost increase
  • End-to-end integrated services platform including Ocean Freight, Air Freight, Domestic Transportation, Customs Broking, Warehousing & Supply Chain Solutions
  • Strong promoter ownership (~69%)
  • CRISIL Rating: BBB- / Stable
  • Technology moat with ERP integrating Air, Sea, Land, Warehousing, Transportation and Customs on single platform
  • ~50% reduction in turnaround time through workflow automation

Management Commentary

Founder, MD & CEO Mr. Lancy Barboza stated: "Q1 FY27 marked a strong start to the financial year for Flomic, with continued momentum across our integrated logistics platform. We returned to profitability at the PAT level, reflecting improved operating efficiency and disciplined cost management. Looking ahead, we remain positive about the long-term prospects of the logistics industry, supported by India's manufacturing, trade and export growth."

Industry Context

  • India's logistics cost has dropped to 7.97% of GDP
  • Policy reform, digital integration, and infrastructure build-out reshaping supply chains
  • Manufacturing, EXIM & e-commerce growth driving expanding freight volumes
  • Multimodal infrastructure development advantage for integrated players

Company History and Evolution

  • Founded in 1988 in Mangalore as regional logistics operator
  • 2000: Expansion into global freight forwarding
  • 2018-2020: Entry into new verticals: Warehousing, Event Logistics
  • 2020: Listed on BSE (Main Board)
  • 2022-2024: Courier, Transportation, ERP-led transformation
  • 2025-2026: WCA Events, Projects registrations; workforce scaled to 500+

Key Management Team

  • Lancy Barboza: CEO & Managing Director
  • Alan Barboza: Executive Director & AGM - Sales
  • Abhinandan Gupta: Chief Finance Officer
  • Amarjit Sahmbi: Chief Executive Officer - SCS
  • Piyush Mehta: Vice President - Sales
  • Jayachandran Menon: Chief Operating Officer
  • Abhay Shah: Company Secretary cum Compliance Officer

Investor Relations Contacts

  • Company Contact: Mr. Abhinandan Gupta (abhinandan@flomicgroup.com)
  • Investor Relations Advisors: Adfactors Investor Relations - Mr. Rupesh Rege (Rupesh.rege@adfactorspr.com) and Ms. Mamta Samat (Mamta.Samat@adfactorspr.com)