Sam Industries Limited has announced a significant development in its business operations, receiving a Letter of Intent (LOI) from Delhivery Ltd., a leading logistics and supply chain services company. The LOI outlines plans for the construction and leasing of a substantial warehouse facility in Indore, Madhya Pradesh.

Project Details

• Location: Shivaay LogiSpace, Village Dakachiya, Tehsil Sanwer, A. B. Road, Indore, Madhya Pradesh
• Warehouse Size: Approximately 60,000 square feet
• Lease Duration: 9 years upon completion of construction

Strategic Implications

This agreement marks a notable step for Sam Industries Limited in expanding its real estate and infrastructure development portfolio. The project aligns with the company's ordinary course of business, potentially strengthening its position in the industrial real estate sector.

Key Points of the Agreement

• Sam Industries will construct the warehouse facility specifically for Delhivery Ltd.
• Upon completion, the warehouse will be leased to Delhivery for a period of nine years.
• The project is being undertaken in the ordinary course of Sam Industries' business operations.

Transparency and Compliance

In compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Sam Industries has confirmed that:

• There is no shareholding between Sam Industries and Delhivery Ltd.
• The agreement does not involve any interests from the promoter/promoter group.
• The transaction does not fall under related party transactions.

This development showcases Sam Industries' capability to secure significant projects with major players in the logistics industry, potentially contributing to its growth and revenue streams in the coming years.

Investors and market watchers will likely keep a close eye on the progress of this project and its potential impact on Sam Industries' financial performance in the medium to long term.

Sam Industries Limited has released its financial results for the first quarter, showing a mixed performance with significant year-over-year declines offset by sequential quarterly improvements.

Key Financial Highlights

• Total income from operations stood at ₹270.66 lakhs, representing:

  • An 80.2% decline compared to the same quarter last year
  • A 19.2% increase from the previous quarter

• Net profit after tax was ₹161.54 lakhs, indicating:

  • A 48.5% decrease year-on-year
  • A 5.7% increase quarter-on-quarter

• Basic earnings per share (EPS) for the quarter was ₹1.46

Financial Performance Table

The company's performance shows a significant decline in revenue and profitability compared to the same quarter of the previous year. However, there are signs of recovery when compared to the immediately preceding quarter, with both revenue and net profit showing improvement.

Management Commentary

While specific management comments were not provided, the results indicate that Sam Industries is facing challenges in maintaining its year-on-year performance but is showing signs of recovery on a quarter-on-quarter basis.

Recent Corporate Actions

As per the LODR data, Sam Industries Limited recently conducted a postal ballot seeking shareholder approval for two important resolutions:

1. The appointment of Mr. Rajendra Kumar Pasari (DIN: 01508154) as a Whole-time Director of the Company.
2. Approval for Material Related Party Transactions with M/s. Dwekam Marketing Private Limited, Sam Farms & Foods Private Limited, and Sam Hoteliers & Resorts Private Limited for the sale of unquoted shares held by Sam Industries Limited.

These resolutions were passed with the requisite majority, with the e-voting period concluding on August 11, 2025.

Conclusion

Sam Industries Limited faces significant challenges as evidenced by the substantial year-over-year decline in revenue and profitability. However, the sequential improvement in financial metrics suggests that the company may be on a path to recovery. Investors and stakeholders will likely be watching closely to see if this positive trend continues in the coming quarters.

The recent corporate actions, including the appointment of a new Whole-time Director and the approval for material related party transactions, may indicate strategic moves by the company to strengthen its leadership and optimize its investment portfolio. These actions could potentially impact the company's future performance and direction.