S J Logistics (India) Q2 FY26 Share Price & Earnings Call Analysis
- Market cap
- ₹477 Cr
- P/E
- 6.30
- ROE
- 29.13%
- PEG
- 0.06
- Price to sales
- 0.73
- Debt to equity
- 0.38
- 52W high / low
- ₹450 / ₹230
- EBITDA margin
- 18.29%
- Net profit margin
- 11.60%
- Promoter holding
- 51.14%
- Sales (last year)
- ₹654 Cr
Incorporated in 2003, SJ Logistics Ltd in the business of providing logistics and supply chain solutions[1]
Guidance scorecard · Q2 FY26 call
What S J Logistics (India) Ltd's management guided
and where it ranks in Transport Services
Transport Services
RevenueQ2 FY26 call
20–40%- Targeting 30% to 35% growth in sales/revenue for the current financial year, with the first half already achieving 26% growth.
- Plan to increase vessels from current numbers to four by December 2025, which will boost top-line revenue.
- Vessel operations expected to contribute 30% to 40% of total revenue in the next financial year.
- Long-term growth driven by expanding service verticals within shipping (forwarding, NVOCC, vessel operations).
- Focus on increasing Project Cargo, which showed 40% growth, and diversifying ocean cargo offerings.
- Aim to sustain high utilization of vessel capacity (~85%-90% owned customers).
2 more points from S J Logistics (India) Ltd's call on revenue
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MarginsQ2 FY26 call
Up 2%+See what S J Logistics (India) Ltd said on margins — free account, 30 seconds.
CapexQ2 FY26 call
Planned- S J Logistics is expanding vessel operations by chartering four vessels, expected by end of December 2025.
- The company is not buying ships but taking them on lease, with a security deposit already paid to the vessel owners.
- New vessel operations aim to contribute 30%-40% of top line in next financial year, enhancing control over cargo, containers, and space.
- Capital expenditure primarily involves lease financing for approximately 3,000 containers, classified as long-term borrowings per accounting standards.
2 more points from S J Logistics (India) Ltd's call on capex
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FundraisingQ2 FY26 call
PlannedSee what S J Logistics (India) Ltd said on fundraising — free account, 30 seconds.
Order bookQ2 FY26 call
RisingAsk what S J Logistics (India) Ltd said on the order book →
Full Q2 FY26 analysisRanges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Transport Services
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Transport Services companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 0–2% | ₹795 Cr | 24.9 | |
| 2 | 40%+ | Flat | ₹16,984 Cr | 98.6 | |
| 3 | 40%+ | Flat | ₹4,361 Cr | 29.7 | |
| 4 | 40%+ | Flat | ₹591 Cr | 16.6 | |
| 5 | S J Logistics (India) LtdThis stock | 20–40% | Up 2%+ | ₹510 Cr | 6.7 |
| 6 | 20–40% | Up 2%+ | ₹234 Cr | 8.1 |
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Pro shows every company guiding 40%+ revenue growth →Full Transport Services rankingFinancials of S J Logistics (India) Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of S J Logistics (India) Ltd
Quarterly Results
Quarter-by-quarter operating performance
Financials of S J Logistics (India) Ltd
Profit & Loss
Annual income statement trend
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Sales + | 149 | 271 | 502 | 654 |
| Expenses + | 136 | 241 | 427 | 534 |
| Operating Profit | 13 | 30 | 76 | 120 |
| OPM % | 9% | 11% | 15% | 18% |
| Other Income + | 1 | 2 | 0 | 0 |
| Interest | 2 | 3 | 6 | 16 |
| Depreciation | 0 | 0 | 2 | 7 |
| Profit before tax | 10 | 29 | 68 | 97 |
| Tax % | 21% | 21% | 23% | 22% |
| Net Profit + | 8 | 23 | 52 | 76 |
| EPS in Rs | 27.98 | 15.61 | 34.35 | 49.57 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
Financials of S J Logistics (India) Ltd
Balance Sheet
Capital structure and asset base
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 3 | 14 | 15 | 15 |
| Reserves | 28 | 98 | 202 | 288 |
| Borrowings + | 34 | 13 | 61 | 117 |
| Other Liabilities + | 16 | 25 | 19 | 61 |
| Total Liabilities | 81 | 150 | 297 | 481 |
| Fixed Assets + | 7 | 4 | 41 | 99 |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 4 | 4 |
| Other Assets + | 74 | 145 | 252 | 378 |
| Total Assets | 81 | 150 | 297 | 481 |
Financials of S J Logistics (India) Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Cash from Operating Activity + | -6 | -39 | -52 | |
| Cash from Investing Activity + | -5 | 5 | -4 | |
| Cash from Financing Activity + | 12 | 35 | 55 | |
| Net Cash Flow | 1 | 0 | -0 | |
| Free Cash Flow | -6 | -41 | -52 | |
| CFO/OP | -39% | -127% | -57% |
Financials of S J Logistics (India) Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 120 | 107 | 141 | 134 |
| Inventory Days | 0 | 0 | 0 | |
| Days Payable | ||||
| Cash Conversion Cycle | 120 | 107 | 141 | 134 |
| Working Capital Days | 120 | 124 | 146 | 119 |
| ROCE % | 31% | 37% | 32% |
Guidance history
How S J Logistics (India) Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q2 FY26 call → | 20–40% | Up 2%+ | Planned | Planned | Rising |
| Q4 FY25 call → | 10–20% | Flat | Planned | — | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
23 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −11.3% | 41% |
| Last 6 months | −0.2% | 46% |
| Last 3 months | −2.0% | 53% |
The price is 54.3% below its all-time high of ₹704 (20 Dec 2024). Stocks more than 20% below their peak have their score halved, so 46 became 23.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For S J Logistics (India) Ltd: 0.4 × 41 + 0.4 × 46 + 0.2 × 53 = 46, halved to 23 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 16 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What S J Logistics (India) Ltd's management said in earlier quarters
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