Once a struggling entity under the Coffee Day Group, Sical has found a powerful new life under the Pristine Group and BlackRock. Specializing in mining logistics and bulk material transport, the company is sitting on a goldmine: a ₹4,600 crore order book for mining contracts. This is staggering when compared to their FY26 revenue of just ₹386 crore. They operate container freight stations and multi-modal parks that are essential for India's infrastructure push. view: This is arguably the "undervalued" stock. With a market cap of only ₹770 crore and an order book six times that size, the math simply doesn't add up for it to stay this cheap. The shift from "problematic owners" to "global institutional backing" is the ultimate catalyst here. The sheer value of their physical assets likely exceeds the current market price. I view this as a classic "deep value" turnaround where the downside seems limited compared to the massive upside potential.

#PersonalFinance#MacroViews#Miscellaneous#EquityResearch#FundamentalViews

532 likes·49 comments