SJ Logistics accepts resignation of director at subsidiary SJA Logisol

S J Logistics (India) Limited has accepted the resignation of Bala Murugan Pitchaih Velldoss as a Non-Executive Director on the Board of its subsidiary, SJA Logisol India Private Limited, effective June 11, 2026. The resignation is due to pre-occupation in other assignments, and the director confirmed there are no other material reasons for the decision. The Board of Directors of S J Logistics noted the resignation during a meeting held on June 11, 2026.

The disclosure was made to the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the resignation letter and detailed reasons have been attached as required under the regulations.

Details of Resignation

The following table outlines the key details regarding the change in the subsidiary's board composition:

Sr. No	Particulars	Details
1	Name of Subsidiary	SJA Logisol India Private Limited
2	Director Name	Mr. Bala Murugan Pitchaih Velldoss (DIN: 09438124)
3	Reason for change	Resignation due to pre-occupation in other assignment
4	Date of cessation	11 June 2026
5	Disclosure of relationships	Not Applicable

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.24%	-10.97%	+15.52%	-5.56%	-31.98%	+84.49%

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.