Patel Integrated Logistics Expands with New Subsidiary

Patel Integrated Logistics Limited (PILL) has announced the incorporation of a new non-material subsidiary, marking a strategic move in its business expansion plans. The company disclosed this development in compliance with SEBI regulations.

Key Details of the New Subsidiary

Aspect	Details
Subsidiary Name	Rajpat Logistics Private Limited
Incorporation Date	November 27, 2025
PILL's Shareholding	60%
Business Focus	Logistics Services
Operational Status	Yet to commence operations
Location	Mumbai, Maharashtra

Strategic Implications

The incorporation of Rajpat Logistics Private Limited as a non-material subsidiary suggests that PILL is strategically positioning itself to enhance its presence in the logistics sector. This move aligns with the company's core business of integrated logistics services.

Regulatory Compliance

PILL has made this disclosure in adherence to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's prompt reporting demonstrates its commitment to transparency and regulatory compliance.

Future Outlook

While Rajpat Logistics Private Limited is yet to commence its operations, its formation indicates PILL's intent to expand its service offerings or market reach. The logistics industry in India has been witnessing significant growth and transformation, and this new subsidiary could potentially help PILL capitalize on emerging opportunities in the sector.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.71%	-1.47%	-0.28%	-12.97%	-42.42%	+23.49%

Patel Integrated Logistics Limited has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025, showcasing significant growth in revenue and profitability.

Financial Highlights

For the quarter ended September 30, 2025 (Q2 FY26):

Particulars (INR Lakhs)	Q2 FY26	Q1 FY26	Q-o-Q Change	Q2 FY25	Y-o-Y Change
Operational Income	9,413.14	7,798.12	20.7%	8,422.24	11.8%
EBITDA	250.00	190.00	31.6%	220.00	13.6%
EBITDA Margin	2.66%	2.44%	22 bps	2.61%	5 bps
Profit After Tax (PAT)	227.88	163.95	39.0%	203.07	12.2%
PAT Margin	2.42%	2.10%	32 bps	2.41%	1 bp

Key Performance Indicators

Revenue Growth: The company's operational income for Q2 FY26 stood at INR 9,413.14 lakhs, marking a 20.7% increase quarter-on-quarter (Q-o-Q) and an 11.8% year-on-year (Y-o-Y) growth.
Profitability: EBITDA for the quarter reached INR 250.00 lakhs, showing a 31.6% Q-o-Q growth and a 13.6% Y-o-Y increase. The EBITDA margin improved by 22 basis points Q-o-Q to 2.66%.
Net Profit: Profit After Tax (PAT) for Q2 FY26 was INR 227.88 lakhs, representing a 39.0% Q-o-Q growth and a 12.2% Y-o-Y increase.
Earnings Per Share (EPS): The company reported a Basic and Diluted EPS of INR 0.32 for the quarter, not annualized.

Segment Performance

The Co-loading of Air Freight Division, which is the company's primary segment, reported:

Revenue of INR 11,000.19 lakhs for Q2 FY26, up from INR 9,110.30 lakhs in Q1 FY26.
Segment results of INR 282.53 lakhs, compared to INR 194.01 lakhs in the previous quarter.

Half-Year Performance (H1 FY26)

For the half-year ended September 30, 2025:

Total income from operations reached INR 17,211.26 lakhs, a 3.5% increase from INR 16,633.43 lakhs in H1 FY25.
PAT stood at INR 391.83 lakhs, up 10.0% from INR 356.10 lakhs in the corresponding period last year.

Balance Sheet Highlights

As of September 30, 2025:

Total assets stood at INR 17,135.97 lakhs, compared to INR 16,811.59 lakhs as of March 31, 2025.
The company maintained a strong equity position with total equity of INR 12,222.38 lakhs.

Management Commentary

Mr. Mahesh Fogla, Executive Director of Patel Integrated Logistics Limited, stated, "Our strong quarterly growth reflects the company's consistent focus on operational efficiency across key domestic and international routes. We remain committed to enhancing service quality and customer reach as we continue to build on this momentum. India's air cargo sector is witnessing strong growth, driven by e-commerce expansion, manufacturing momentum, and rising demand for faster deliveries. The Company, with its exclusive focus on air logistics and strong operational capabilities, is well positioned to capitalize on these opportunities while sustaining profitable growth and reinforcing its leadership in the industry."

Outlook

Patel Integrated Logistics Limited appears well-positioned to benefit from the growing demand in India's air cargo sector. The company's focus on operational efficiency and strategic positioning in the air logistics market may continue to drive growth in the coming quarters.

Investors and stakeholders will be watching closely to see if the company can maintain its growth trajectory and capitalize on the expanding opportunities in the logistics sector.