Company Overview & Business Model

The presentation outlines Flomic as an integrated, asset-light logistics platform with a 38+ year legacy, operating across Air, Sea, Land, and Specialized Logistics. Key operational metrics for the period from April 2025 to March 2026 (YTD Apr to Mar 2026) include handling over 42,000 total shipments and serving 5,000+ active customers. The company has a workforce strength of 510+ employees and a network of 30 branches and 30+ warehouses aggregating approximately 13.8 lakh sq. ft. of space across India. Promoter ownership is stated as strong at approximately 69%. The business model is described as asset-light and scalable, relying on a margin-based freight forwarding model with a global network of partners.

Operational Performance Q4 FY26

For Q4 FY26, the company handled 10,582 shipments and added 159 new customers. The cargo volume breakdown was as follows:

  • Sea FCL (TEUs): 5,758 (Q4) / 18,738 (FY26)
  • Sea LCL (CBM): 6,377 (Q4) / 32,687 (FY26)
  • Air (MT): 1,075 (Q4) / 4,388 (FY26)

The sales mix for Q4 was 35% Import, 46% Export, and 19% Warehousing.

Financial Performance Q4 FY26

Consolidated Income Statement for Q4 FY26 (₹ in lakhs):

  • Revenue From Operations: ₹10,801.47 (Q4 FY25: ₹11,823.46); Change: -8.64%
  • Other Income: ₹24.02 (Q4 FY25: ₹147.96)
  • Total Income: ₹10,825.49 (Q4 FY25: ₹11,971.42)
  • Operating Expenses: ₹8,233.78
  • Employee Benefits Expenses: ₹1,016.42
  • Other Expenses: ₹281.31
  • EBITDA*: ₹1,293.98 (Q4 FY25: ₹1,282.62); Change: +0.89%
  • EBITDA Margin (%): 11.98% (Q4 FY25: 10.85%); Change: +113 Bps
  • Depreciation and Amortization Expense: ₹654.01
  • Finance Cost: ₹232.69
  • Profit/(Loss) before tax: ₹407.28 (Q4 FY25: ₹235.61)
  • Tax Expenses: ₹54.39
  • Net Profit after tax: ₹352.89 (Q4 FY25: ₹193.43); Change: +82.44%
  • Net Profit Margin (%): 3.27% (Q4 FY25: 1.64%); Change: +163 Bps
  • Earnings per share - Basic: ₹1.94 (Q4 FY25: ₹1.06); Change: +83.02%

*EBITDA stated as excluding other income.

Financial Performance FY26 (Annual)

Consolidated Income Statement for FY26 (₹ in lakhs):

  • Revenue from Operations: ₹43,172.65 (FY25: ₹50,014.56); Change: -13.68%
  • Other Income: ₹134.53 (FY25: ₹315.38)
  • Total Income: ₹43,307.18 (FY25: ₹50,329.94)
  • Operating Expenses: ₹33,394.08
  • Employee Benefit Expenses: ₹4,517.56 (FY25: ₹4,101.83)
  • Other Expenses: ₹1,559.48
  • EBITDA*: ₹3,836.06 (FY25: ₹4,680.93); Change: -18.05%
  • EBITDA Margin (%): 8.89% (FY25: 9.3%); Change: -47 Bps
  • Depreciation & Amortization Expenses: ₹2,701.59
  • Finance Cost: ₹1,065.24 (FY25: ₹1,406.95)
  • Profit / (Loss) Before Tax: ₹69.23 (FY25: ₹474.64)
  • Tax Expenses: ₹38.22 (FY25: ₹105.09)
  • Net Profit after tax: ₹31.01 (FY25: ₹369.55); Change: -91.61%
  • Net Profit Margin (%): 0.07% (FY25: 0.7%); Change: -67 Bps
  • Basic Earning Per Share: ₹0.17 (FY25: ₹2.03); Change: -91.63%

Balance Sheet Highlights (Consolidated)

Key Figures from the Consolidated Balance Sheet (₹ in lakhs):

Equity and Liabilities (FY26):

  • Total Equity: ₹4,715.11 (FY25: ₹4,687.82)
  • Borrowings (Non-current): ₹174.33 (FY25: ₹376.55)
  • Lease Liabilities (Non-current): ₹3,902.65 (FY25: ₹5,318.85)
  • Total Non-current Liabilities: ₹4,461.11 (FY25: ₹6,117.60)
  • Borrowings (Current): ₹2,208.14 (FY25: ₹3,348.87)
  • Lease Liabilities (Current): ₹336.01 (FY25: ₹2,327.62)
  • Trade Payables: ₹2,060.83
  • Outstanding dues of micro enterprises: ₹31.10
  • Outstanding dues of others: ₹1,593.01
  • Total Current Liabilities: ₹8,639.65 (FY25: ₹10,299.29)
  • TOTAL EQUITY AND LIABILITIES: ₹17,815.87 (FY25: ₹20,934.71)

Assets (FY26):

  • Property, plant and equipment: ₹522.01 (FY25: ₹693.14)
  • Right of use assets: ₹5,407.75 (FY25: ₹593.14)
  • Income tax assets (net): ₹1,455.67 (FY25: ₹1,188.46)
  • Deferred tax assets (net): ₹412.49 (FY25: ₹391.70)
  • Total Non-current Assets: ₹8,465.66 (FY25: ₹3,677.63)
  • Trade Receivables: ₹5,895.82 (FY25: ₹7,658.90)
  • Cash and Cash Equivalent: ₹1,308.18 (FY25: ₹1,012.95)
  • Total Current Assets: ₹9,350.21 (FY25: ₹10,956.89)
  • TOTAL ASSETS: ₹17,815.87 (FY25: ₹20,934.71)

Working Capital and Receivables

The company highlighted a significant improvement in working capital efficiency. 60+ Day Receivables were reduced by 43.2%, from ₹15.97 crore to ₹9.07 crore. The quality of receivables improved, with 60+ Day Overdues as a percentage of debtors decreasing from 23.7% to 17.1%. Focused collection initiatives led to an approximate 21% reduction in total debtors. This is stated to lower capital blocked in receivables, reduce borrowing requirements, support stronger operating cash flow conversion, and potentially reduce interest cost.

Management Commentary

A message from Founder, MD & CEO Mr. Lancy Barboza was included. It stated that despite a challenging operating environment in FY26, the company focused on operational discipline, customer retention, and improving efficiencies. The Q4 performance was noted as reflecting the resilience of the business model. The commentary expressed optimism about long-term growth prospects for the logistics industry, supported by improving trade activity and supply chain diversification. The company's focus will remain on profitable growth, cost optimization, and expanding service offerings.

Way Forward and Investor Relations

The presentation concluded with a 'Way Forward' section and listed Mr. Abhinandan Gupta (Chief Finance Officer) as the contact for Flomic Logistics Ltd. Adfactors Investor Relations was listed as the Investor Relations Advisors, with contacts Mamta Samat and Mousami Chavan.

Disclaimer

The document included a standard disclaimer stating that the presentation is for information purposes only, does not constitute an offer of securities, and contains forward-looking statements subject to risks and uncertainties.