Date: August 14, 2026

Financial Results (Standalone & Consolidated)

Q1FY27 Consolidated Performance (Rs. in Million)

| Particulars | Q1FY27 | Q1FY26 | YoY Change | FY26 |

| Revenue from Operations | 1,325.8 | 975.4 | +35.9% | 3,856.8 |

| Cost of Services | 931.2 | 597.4 | - | 2,476.3 |

| Employee Benefit Expenses | 63.6 | 60.0 | - | 265.8 |

| Other Expenses | 81.5 | 88.7 | - | 331.6 |

| EBITDA | 249.5 | 229.3 | +8.8% | 783.1 |

| EBITDA Margin (%) | 18.8% | 23.5% | - | 20.3% |

| Finance Costs | 127.4 | 153.0 | - | 720.3 |

| Depreciation | 84.0 | 104.6 | - | 416.8 |

| Other Income | 12.6 | 27.2 | - | 368.9 |

| PBT before Exceptional Items | 50.7 | (1.1) | - | 14.9 |

| Exceptional Items* | 174.0 | 0.0 | - | 555.9 |

| PBT after Exceptional Items | 224.8 | (1.1) | - | 570.8 |

| Tax Expenses | 12.7 | 29.3 | - | 79.3 |

| PAT | 212.1 | (30.4) | - | 491.5 |

| PAT Margin (%) | 16.0% | (3.1%) | - | 12.7% |

*Exceptional Items comprises of sale of non-core assets undertaken by the company

Segment Performance Q1FY27

Mining Logistics:

  • Revenue increased by 61.7% YoY to Rs. 710 Million
  • EBITDA grew by 7.2% YoY to Rs. 140 Million
  • Growth drivers: Increase in production share in Nigahi JV to 35% (from ~25% in FY26) and Rs. 118 Million of Diesel escalation (pass-through) booked in Revenue
  • Margins declined due to operational disruptions and higher fuel costs from geopolitical tensions

Terminals:

  • Revenue grew 23.6% YoY to Rs. 444 Million from Rs. 360 Million in Q1FY26
  • EBITDA increased 9.2% YoY to Rs. 97 Million from Rs. 89 Million
  • Chennai MMLP contributed Rs. 54 Million to topline in Q1FY27
  • Benefiting from strategic presence across major southern ports and scaling up of Chennai MMLP

Warehousing & 3PL:

  • Revenue remained resilient at Rs. 172 Million in Q1FY27
  • EBITDA increased 29.2% YoY to Rs. 12 Million from Rs. 10 million
  • Improved margin expansion due to degrowth in low-margin Full Truck Load transportation business

General Updates

Sale of Non-Core Asset:

  • Completed sale of non-core land and building asset at Madhavaram, Chennai for Rs. 180 Million on June 30, 2026
  • Transaction aligned with NCLT-approved resolution plan following Pristine Group acquisition
  • Aimed at strengthening balance sheet and supporting turnaround strategy

Axis Bank Credit Facility:

  • Executed loan agreements with Axis Bank Limited on July 02, 2026, for total credit facilities of Rs. 1,150 Million
  • Rs. 850 Million Term Loan: Secured for 9-year tenure at 9.25% interest p.a. to fully refinance high-cost debt led by Aditya Birla Finance Limited
  • Rs. 300 Million Working Capital: Fund-based cash credit (Rs. 150 Million) and non-fund-based bank guarantees (Rs. 150 Million) at 8.25% interest rate
  • Facility improves overall financial flexibility and supports future growth initiatives

Promoter Amalgamation:

  • On April 9, 2026, announced amalgamation of promoter Pristine Malwa Logistics Park Private Limited into Pristine Logistics & Infraprojects Limited
  • Purpose: Simplify corporate structure

South Eastern Coalfields Limited (SECL) Project:

  • SECL issued revised work order approving partial change of site at Kanchan OCM
  • Sical will re-allocate contract value of Rs. 776.9 Million (excl. GST) from Porda Chimtapani OCP to execute mining operations at Kanchan OCM
  • Represents 2.27% of total Rs. 34,221.9 Million contract
  • COD expected to start from Q2FY27
  • Work performed at existing awarded rates and original contractual terms
  • Secured Rs. 720 Million equipment lease facility from Tata Capital for mining equipment deployment

Business Overview

Company History:

  • Founded in 1955 as South India Corporation (Agencies) Ltd., renamed Sical Logistics Ltd.
  • Evolved from mining logistics to end-to-end integrated logistics player
  • Coffee Day Group acquired majority share in 2011
  • Went into Insolvency in March 2021 due to group-wide liquidity crisis
  • Pristine Group acquired the Company in January 2023 for southern region expansion
  • Raised Rs. 930.3 Million in Rights Issue in FY26 to meet 25% public float requirement

Mining Logistics Projects:

  • Execution In Progress: Nigahi-OCP (Rs. 26,560M), Lajkura-OCP (Rs. 3,850M), Samleshwari-OCP (Rs. 2,630M), Jhingurda-OCP (Rs. 3,040M), Amlohri-OCP (Rs. 15,820M), SECL Porda-Chimtapani (Rs. 34,222M)
  • Completed: Bharatpur-OCP, Lajkura-OCP

Terminal Business - CFS Operations (FY26):

  • Chennai: 148,192 TEUs (+14% YoY), ~55 Acres, 1,745 ground slots
  • Tuticorin: 27,492 TEUs, ~16.6 Acres, 492 ground slots
  • Vizag: 24,362 TEUs (+31% YoY), ~10.2 Acres, 328 ground slots
  • Chennai CFS recognized as top performing CFS in Southern Region by NICDC Logistics Data Services (FY23-FY26)

Multi-Modal Logistics Parks:

  • Commercial commencement of first private MMLP at Chennai in December 2025

Warehousing & 3PL:

  • Recently entered national super stockist model within pharmaceutical sector
  • Offer value-added services: specialized repair, kitting, promo bundling, shrink wrapping

Board Composition

  • Amit Kumar: Director, 28+ years experience in government, railways and logistics
  • Rajnish Kumar: Director, 28+ years experience with Indian Railways, CONCOR and Pristine Logistics
  • Sanjay Mawar: Director, Bachelor of Law from Faculty of Law, University of Delhi
  • Sharad Kumar: Independent Director, 30+ years in banking and financial services
  • Satish Kumar Reddy: Chairman and Independent Director, 28+ years as civil servant in Indian Revenue Service
  • Neelaveni Vivekanandan: Independent Director, 32+ years experience as law practitioner
  • S. Rajappan: Whole-time Director, 40+ years experience in Industrial relations

Balance Sheet Highlights (Mar-26 vs Mar-25, Rs. Million)

Assets:

  • Property, Plant & Equipment: 5,066 (vs 5,265)
  • Capital Work in Progress: 42 (vs 521)
  • Right of Use Assets: 440 (vs 703)
  • Trade Receivables: 960 (vs 721)
  • Cash & Bank Balances: 660 (vs 865)
  • Asset Held for Sale: 1,113 (vs 0)
  • Total Assets: 9,073 (vs 8,576)

Equity & Liabilities:

  • Equity Share Capital: 798 (vs 653)
  • Other Equity: 515 (vs -700)
  • Non-Controlling Interest: 1,383 (vs 1,344)
  • Total Equity: 2,696 (vs 1,296)
  • Borrowings (Non-Current): 3,572 (vs 2,375)
  • Borrowings (Current): 763 (vs 2,941)
  • Total Equity & Liabilities: 9,073 (vs 8,576)

Cash Flow Statement (Mar-26 vs Mar-25, Rs. Million)

  • Cash Generated from Operations: 594 (vs 127)
  • Income Tax Paid: (71) (vs 74)
  • Net Cash from Operating Activities: 523 (vs 200)
  • Cash Flow from Investing Activities: 199 (vs -638)
  • Cash Flow from Financing Activities: (879) (vs -31)
  • Net decrease in Cash & Equivalents: (157) (vs -469)
  • Cash & Equivalents at period end: 313 (vs 470)