Integrated Filing — IndAS



General information about company
Scrip Code 520086
NSE Symbol SICALLOG
MSEI Symbol NOTLISTED
ISIN INE075B01020
Name of company Sical Logistics Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 28-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 21-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Integrated Logistics Services
Start date and time of board meeting 28-May-2025   13:10:00
End date and time of board meeting 28-May-2025   20:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 811200000 2218200000
Other income 126800000 191000000
Total income 938000000 2409200000
2 Expenses
(a) Cost of materials consumed 0 0
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
(d) Employee benefit expense 61000000 220100000
(e) Finance costs 116200000 432500000
(f) Depreciation, depletion and amortisation expense 72200000 377300000
(f) Other Expenses
1 Cost of Services 565800000 1530500000
2 Other Expenses 98900000 252700000
Total other expenses 664700000 1783200000
Total expenses 914100000 2813100000
3 Total profit before exceptional items and tax 23900000 -403900000
4 Exceptional items 0 96700000
5 Total profit before tax 23900000 -307200000
6 Tax expense
7 Current tax -3200000 6900000
8 Deferred tax 5300000 -150900000
9 Total tax expenses 2100000 -144000000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement -1000000 -1000000
11 Net Profit Loss for the period from continuing operations 20800000 -164200000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 500000 1500000
16 Total profit (loss) for period 21300000 -162700000
17 Other comprehensive income net of taxes 0 0
18 Total Comprehensive Income for the period 21300000 -162700000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent -42400000 -334900000
Total comprehensive income for the period attributable to owners of parent non-controlling interests 63700000 75600000
21 Details of equity share capital
Paid-up equity share capital 652500000 652500000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve -700200000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -1 -5.13
Diluted earnings (loss) per share from continuing operations -1 -5.13
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -1 -5.13
Diluted earnings (loss) per share from continuing and discontinued operations -1 -5.13
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) The audited consolidated financial results for the quarter and financial year ended March 31, 2025, have been reviewed and recommended by the audit committee and approved by the board of directors of the Company at their respective meetings held on May 28, 2025. It has been prepared in accordance with the Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules, 2015, as amended from time to time. nThe Group is primarily engaged in providing integrated logistics services which is considered as a single business segment in terms of segment reporting as per Ind AS 108. The services are not rendered outside India. Hence, no separate geographical segments to be reported on. nInterest on borrowings are duly accured under finance costs in accordance with the approved resolution plan. As per the approved resolution plan, revised agreement for final settled amount are yet to be signed with each of the financial creditors and the modification to charges is yet to be completed with Registrar of Companies. However, the Company has deposited the required amount as per the approved resolution plan in the bank account that is earmarked and operated by the ex-Committee of Creditors and ex-Resolution Professional for the purpose of remittance to finacial creditors. nAs per the approved resolution plan, the Company has deposited, during the quarter ended March 31, 2025, an amount of Rs. 105 crores along with interest in the bank account earmarked for the purpose of settlement to the financial creditors. nDuring the quarter ended March 31, 2025, the Company has reversed impairment allowance of Rs.4 crores which was created during financial year ended March 31, 2023, based on the internal assessment of recoverability of the assets. nThe figures for the quarter ended March 31, 2025 and the corresponding quarter ended in the previous year are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures upto the end of the third quarter of the relevant financial year. Also, the figures upto the end of third quarter has only been subjected to limited review and not audited. nFigures pertaining to the previous periods have been regrouped, reclassified and rearranged wherever necessary.



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 5265400000
Capital work-in-progress 521400000
Investment property
Goodwill 46300000
Other intangible assets 707900000
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 7300000
Trade receivables, non-current
Loans, non-current 0
Other non-current financial assets 144800000
Total non-current financial assets 152100000
Deferred tax assets (net) 5100000
Other non-current assets 137400000
Total non-current assets 6835600000
2 Current assets
Inventories 0
Current financial asset
Current investments 0
Trade receivables, current 721300000
Cash and cash equivalents 466600000
Bank balance other than cash and cash equivalents 398500000
Loans, current 0
Other current financial assets 21900000
Total current financial assets 1608300000
Current tax assets (net) 28300000
Other current assets 103300000
Total current assets 1739900000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 8575500000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 652500000
Other equity -700200000
Total equity attributable to owners of parent -47700000
Non controlling interest 1344000000
Total equity 1296300000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 2375200000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities 642300000
Total non-current financial liabilities 3017500000
Provisions, non-current 12700000
Deferred tax liabilities (net) 372600000
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 3402800000
Current liabilities
Current financial liabilities
Borrowings, current 2940700000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 476000000
Total Trade payable 476000000
Other current financial liabilities 369078000
Total current financial liabilities 3785778000
Other current liabilities 62500000
Provisions, current 12400000
Current tax liabilities (Net) 15722000
Deferred government grants, Current
Total current liabilities 3876400000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 7279200000
Total equity and liabilites 8575500000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax -307200000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables, current -331000000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 0
Adjustments for decrease (increase) in other non-current assets 127400000
Adjustments for other financial assets, non-current -33700000
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 57700000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities 26000000
Adjustments for depreciation and amortisation expense 377300000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 3600000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 3200000
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income -368500000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) -165100000
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 433900000
Net cash flows from (used in) operations 126700000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) -73500000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 200200000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 287200000
Purchase of property, plant and equipment 841600000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 57800000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -141800000
Net cash flows from (used in) investing activities -638400000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 1313200000
Payments of lease liabilities -32100000
Dividends paid 0
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 1250600000
Net cash flows from (used in) financing activities -30500000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -468700000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents -468700000
Cash and cash equivalents cash flow statement at beginning of period 938800000
Cash and cash equivalents cash flow statement at end of period 470100000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 SRSV & Associates Yes 30-Apr-2028