Promoter Pranav Kumar Sonthalia has confirmed to the National Stock Exchange of India Limited that he held 81,21,550 shares in pranik logistics as of March 31, 2026. The disclosure, made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirms that no shares were encumbered, directly or indirectly, during the financial year ended March 31, 2026.

The submission was filed on April 3, 2026, to comply with regulatory requirements regarding the disclosure of shareholding and encumbrance status. The declaration was made on behalf of the promoters, promoter groups, and Persons Acting in Concert (PACs) associated with the company.

List of Promoters, Promoter Groups & PACs

The filing provided a detailed list of individuals classified as promoters, promoter groups, and PACs as of March 31, 2026.

The document was signed by Pranav Kumar Sonthalia in his capacity as Promoter, with the place of execution noted as Kolkata. A copy of the disclosure was also forwarded to the Audit Committee of Pranik Logistics Limited.

Pranik Logistics Limited has reported a 52% increase in total income to ₹161 crore for the financial year ended March 31, 2026, compared to ₹106 crore in the previous year. The company's profit after tax (PAT) rose to ₹7.03 crore from ₹6.44 crore in the prior year, while earnings per share (EPS) improved to ₹6.39 from ₹5.85. The disclosure was made via an earnings conference call transcript uploaded on May 23, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Pranav Kumar Sonthalia, Managing Director, attributed the growth in revenue to increased business volume, though profit growth was moderated by a significant rise in depreciation expenses. Depreciation for the year stood at ₹4.97 crore, up from ₹2.80 crore in the previous year, due to the adoption of the Written Down Value (WDV) method and the addition of new vehicles to the fleet. The company is evaluating a change in accounting policy to the Straight Line Method (SLM) to provide better clarity on depreciation figures.

Financial Performance

The company's profit before tax (PBT) for FY26 was ₹9.40 crore, compared to ₹8.61 crore in the previous year. Management noted that while revenue increased substantially, a proportionate increase in PAT was not expected due to the nature of the B2B logistics business, where volumetric growth often involves negotiated pricing.

Operational Updates

Pranik Logistics expanded its operational capacity during the year. The company currently owns approximately 150 vehicles, with an additional 600 plus vehicles operating on a contractual basis. The utilization rate for owned vehicles is reported to be close to 98.7%. In terms of warehousing, the company manages roughly 17 lakh square feet of space across 40 hubs, operating at 100% utilization. The company follows a policy of leasing warehouses only after securing revenue for the site.

Future Outlook

Management indicated that the company is not planning to raise equity in the near term to manage leverage, despite an increase in debt levels driven by asset purchases and working capital requirements. The company aims to achieve a revenue target of ₹500 crore by 2030 and is in discussions for long-term vehicle leasing agreements to support fleet expansion. Additionally, the company has added a manpower provision service to its logistics umbrella, expected to yield margins of around 5%.