S J Logistics PAT rises 44.4% to ₹75.8 crore in FY26

S J Logistics (India) Limited reported its highest-ever annual revenue of ₹653.8 crore for the financial year ended March 31, 2026, representing a 30.1% increase. Profit after tax (PAT) grew 44.4% to ₹75.8 crore, while EBITDA surged 59.2% to ₹120 crore, driven by strong performance in specialized logistics, project cargo, and the commencement of vessel operations.

The company’s audited financial results for FY26 were submitted to the National Stock Exchange of India Limited on May 28, 2026. The filing detailed standalone and consolidated figures for the half-year and full-year periods, highlighting significant margin expansion and operational efficiency improvements across key business verticals. M/s MYSP & Associates LLP, Statutory Auditors, issued an unmodified opinion on the results.

FY2025-26 Financial Highlights (Consolidated)

Particulars	FY26	FY25	YoY Growth
Revenue	₹653.8 Cr	₹502.5 Cr	▲ 30.1%
EBITDA	₹120.0 Cr	₹75.4 Cr	▲ 59.2%
EBITDA Margin	18.35%	15.00%	▲ 335 bps
PAT	₹75.8 Cr	₹52.5 Cr	▲ 44.4%
PAT Margin	11.60%	10.45%	▲ 115 bps
Basic EPS	₹49.58	₹35.76	▲ 38.7%

H2 FY2025-26 Performance Highlights (Consolidated)

Particulars	H2 FY26	H2 FY25	YoY Growth
Revenue	₹370.9 Cr	₹282.9 Cr	▲ 31.1%
EBITDA	₹69.4 Cr	₹50.6 Cr	▲ 37.0%
EBITDA Margin	18.70%	17.90%	▲ 80 bps
PAT	₹43.4 Cr	₹32.4 Cr	▲ 34.1%
PAT Margin	11.81%	11.45%	▲ 36 bps
Basic EPS	₹28.40	₹21.18	▲ 34.1%

Revenue Mix Analysis

The ODC & Project Cargo segment emerged as the largest revenue contributor, accounting for 47.73% of total revenue at ₹312.08 crore. The NVOCC & Vessel Operations segment also gained significant traction, contributing 13.64% to the top line, with its share increasing notably during the second half of the fiscal year.

Particulars	FY 2025-26 H-1	FY 2025-26 H-2	FY 2025-26 TOTAL
FF-Yarn and Yarn commodities	₹106.62 Cr	₹107.13 Cr	₹213.75 Cr
FF-Air Cargo	₹7.49 Cr	₹6.42 Cr	₹13.91 Cr
FF-ODC & Project Cargo & Tyres	₹126.60 Cr	₹185.47 Cr	₹312.08 Cr
FF-Other Commodities	₹10.26 Cr	₹14.64 Cr	₹24.90 Cr
NVOCC & Vessel Operations	₹31.93 Cr	₹57.22 Cr	₹89.15 Cr
Total Revenue	₹282.90 Cr	₹370.89 Cr	₹653.79 Cr

Operational Performance

The successful commencement of vessel operations during FY2025-26 marked a strategic expansion for the company, enhancing its control over cargo movement and service reliability. The integration of the Project Cargo division with vessel operations facilitated the transportation of specialized cargo, such as earth-moving equipment, through the company’s own operating platform. Management expects this vertical to gain meaningful operational scale in FY2026-27 and emerge as a key driver for future revenue growth and margin improvement.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.71%	+17.70%	+14.21%	-18.67%	-31.13%	+89.61%

sj logistics has appointed M/s Oka & Bhat Chartered Accountant as its internal auditor for the financial year 2026-27. The firm will be responsible for carrying out internal audit functions and reporting for the company. The appointment was made effective May 28, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The disclosure regarding the appointment was submitted to the National Stock Exchange of India Limited. The appointment follows the requirements outlined in the SEBI Master Circular No. SEBIHO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Details of the Appointment

The table below outlines the key details regarding the new internal auditor:

S. No	Particulars	Details
(a)	Reason for change	Appointment of Oka & Bhat (FRN: 115027W) as Internal Auditors of the Company for carrying out the internal audit functions and report for the Financial Year 2026-27
(b)	Date of appointment	May 28, 2026
(c)	Brief profile	M/s Oka & Bhat is a Chartered Accountants Firm based out of Thane, Maharashtra and having experience of more than two decades in Audit & Assurance, Due Diligence, Regulatory Filings.
(d)	Disclosure of relationship between directors	Not Applicable

The filing was signed by Richa Gupta, Company Secretary & Compliance Officer of S J Logistics (India) Limited. The company is headquartered at Office No. 901/902/903, Centrum, Opp. Raila Devi Lake, Wagle Estate Thane (West)-400604, Maharashtra, India.