Sical Logistics Limited announced its unaudited financial results for the quarter ended December 31, 2025, showcasing a remarkable turnaround in profitability. The Chennai-based integrated logistics services provider reported strong quarterly performance alongside strategic capital raising initiatives. The results were reviewed by the audit committee and approved by the board of directors at their meeting held on February 13, 2026.

Financial Performance Highlights

The company delivered exceptional results for Q3FY26, driven primarily by significant exceptional gains during the quarter.

The standout performance was significantly influenced by exceptional gains of Rs. 5,559 lakhs from the sale of land during the quarter. Without this exceptional item, the company would have reported a loss before exceptional items of Rs. 781 lakhs for Q3FY26.

Nine Months Performance

For the nine months ended December 31, 2025, the company demonstrated strong operational momentum:

Consolidated Results

On a consolidated basis, the company's performance remained robust across its group entities:

Rights Issue Details

The board confirmed the rights issue approved on February 12, 2026, with clarificatory updates to the terms. The rights issue is exclusively for public shareholders, with promoters forgoing their entitlement:

Operational Developments

The group achieved a significant operational milestone during the quarter. Through its subsidiary Sical Multimodal and Rail Transport Limited, the company commissioned a new Gati Shakti Cargo Terminal at Anuppampattu Village near Ponneri, Tamil Nadu. The terminal became operational in December 2025 upon receiving necessary approvals from Southern Railways, with capital work-in-progress of Rs. 7,468 lakhs being capitalised during the current quarter.

Business Segment Focus

Sical Logistics continues to focus on integrated logistics services as its primary business segment. The company operates exclusively within India, with no separate geographical segments requiring reporting under Ind AS 108. The strong revenue growth reflects the company's expanding market presence and operational capabilities in the logistics sector. The financial results were prepared in accordance with Indian Accounting Standards and reviewed by statutory auditor SRSV & Associates.

Sical Logistics Limited has announced a comprehensive rights issue to raise capital, with the board of directors approving key details including pricing, timeline, and entitlement structure. The company received in-principal approval from stock exchanges on February 11, 2026, paving the way for the capital raising exercise.

Rights Issue Structure and Pricing

The rights issue involves fully paid-up equity shares with a face value of Rs 10 each, priced at Rs 64 per share including a premium of Rs 54 per share. The company plans to issue 1,44,99,796 equity shares, targeting an aggregate amount not exceeding Rs 92,79,86,944 assuming full subscription.

Entitlement and Record Date

Shareholders will receive rights entitlements based on a ratio of 2 rights equity shares for every 9 equity shares held on the record date. The record date has been set for Wednesday, February 18, 2026, which will determine the shareholders eligible to receive rights entitlements.

Fractional entitlements will not be considered for computation purposes. However, eligible public equity shareholders whose fractional entitlements are ignored will receive preference in allotment of one additional rights equity share if they apply for additional shares beyond their rights entitlement.

Subscription Timeline and Payment

The rights issue will open for subscription on Thursday, February 26, 2026, and close on Tuesday, March 10, 2026. The full amount of Rs 64 per rights equity share, including the premium, will be payable on application along with the application form.

Regulatory Compliance and Documentation

The rights issue has been structured in accordance with the Companies Act, 2013, and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. The company will file a detailed letter of offer containing all terms and conditions of the rights issue.

The ISIN for rights entitlements will be communicated in due course. All information related to the rights issue will be hosted on the company's website at sical.in for investor reference and compliance with listing obligations.