Sical Logistics Sustains Revenue Growth in Q2 & H1 FY27

SICALLOG DHARMESH BHATT (Research Analyst) SEBI Registration No. INH000009685 - Executive Highlights - Consolidated Revenue Surge: Q2 FY27 revenue from operations reached ₹1,055 Million, marking a 17.4% YoY increase compared to ₹898 Million in Q2 FY26. First-half (H1 FY27) revenue grew 27.1% YoY to ₹2,380 Million. Major Order Win: Secured a major multi-year contract from Central Coalfields Limited (CCL) valued at ₹5,347 Million (incl. GST) over 5 years for heavy earth-moving machinery (HEMM) deployment, overburden removal, and coal extraction at the SDOC Mine in Bokaro District, Jharkhand. Expanding Order Pipeline: Total order book surpassed ₹42,000+ Million, reinforcing long-term revenue visibility across the mining and infrastructure logistics sectors. Terminal & Infrastructure Scaling: Benefit realized from operational integration at the Chennai Multi-Modal Logistics Park (MMLP) launched earlier in Q1 FY27, bolstering total terminal business margins and performance. - Revenue Breakdown - Sical reported operational growth across all primary operational divisions in H1 FY27: Mining Logistics (including Dredging): Generated ₹1,187 Million in H1 FY27 (up from ₹802 Million in H1 FY26). Q2 revenue stood at ₹477 Million. Margins faced seasonal compression due to severe monsoons and elevated diesel prices, yielding an EBITDA margin of 12.1% for H1 FY27. Terminals Segment: Delivered ₹830 Million in H1 FY27 revenue (up from ₹700 Million in H1 FY26) with an EBITDA margin of 21.6%, reflecting increased asset utilization and synergies at port terminals and multimodal parks. "Q2FY27 was a quarter of steady performance, as we reported consolidated revenue from operations of Rs. 1,055 Million, growing 17.4% YoY, taking our revenue for H1 FY27 to Rs. 2,380 Million. Read Disclaimer/Disclosure : click to link in Bio