Patel Integrated Logistics Ltd (PATINTLOG)

Services · Logistics · NSE · Updated 1 September 2026

By StockFin Research Team • AI-Assisted Analysis • Source: BSE/NSE Filings

₹13.1 ↓ 12.67% (1Y)

🎯 Key Takeaways

Patel Integrated Logistics Ltd is in a transitional phase marked by leadership restructuring and modest financial growth, with revenue expanding but profitability remaining constrained. The company operates in the logistics services sector with a low P/E of 8.
Revenue grew 17.7% QoQ to ₹114 in Q1FY27.
⚠️ Leadership transition risks: The re-designation of the CFO from Whole-Time Director to non-executive may affect financial oversight and internal contr

Market Cap

₹91

P/E Ratio

8.7

P/B Ratio

0.72

ROE

8.2%

ROCE

6.2%

Debt/Equity

0.46

Div Yield

1.53%

Promoter

36.1%

✨ Ask AI About PATINTLOG 📊 Interactive Charts

📖 The Story

Patel Integrated Logistics Ltd is in a transitional phase marked by leadership restructuring and modest financial growth, with revenue expanding but profitability remaining constrained. The company operates in the logistics services sector with a low P/E of 8.7 and ROCE of 6.2%, indicating limited capital efficiency. Recent board changes, including the re-designation of the CFO to a non-executive role and the appointment of new directors, suggest governance stabilization efforts. However, the reduction in dividend and lack of institutional investor interest reflect declining confidence in near-term cash flow generation and return potential.

📰 What's Happening

In Q1 FY2026, revenue grew 23.5% YoY to ₹11,420.70 lakhs, driven by air freight demand, with net profit up 53.5% to ₹250.56 lakhs. The board re-designated CFO Mahesh Fogla as a non-executive director effective August 3, 2026, ending his tenure as Whole-Time Director. The 64th AGM scheduled for September 24, 2026, will approve FY25-26 financials, reappoint directors, declare a final dividend of ₹0.20 per share (down from ₹0.40), and appoint Ms. Jasmine Divyesh Mehta as an Independent Director. The board also approved remote e-voting via Bigshare Services with mandatory PAN and KYC updates. A share buyback was disclosed but the amount was not verified. Earlier, the dividend was revised from ₹0.40 to ₹0.20 per share due to tighter cash flow after the buyback.

Source: Stock Announcements

📊 Quarterly Results (₹ Cr)

Metric	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	94	88	97	114
Operating Profit	2	1	3	2
OPM %	2.0%	1.6%	3.2%	1.6%
Net Profit	2	3	3	3
EPS	₹0.32	₹0.39	₹0.43	₹0.36

Revenue has shown sequential growth from ₹88 crore in December 2025 to ₹114 crore in June 2026, indicating improving demand in air freight and logistics operations. However, operating margins remain thin, ranging between 1.6% and 3.2%, with net profit stabilizing around ₹2-3 crore per quarter. Despite the 53.5% YoY profit surge in Q1 FY2026, the company has not disclosed full financials in all filings, and EPS remains low at ₹0.36 in the latest quarter. The upward revenue trend aligns with management’s focus on air cargo expansion, but margin pressure persists due to high fixed costs and competitive pricing in the logistics sector.

🔮 Management Outlook & What's Next

Management has not provided explicit forward guidance on revenue or margin expectations in the latest filings. However, the appointment of new directors and re-designation of the former CFO as non-executive suggest a focus on governance and compliance. The board emphasized adherence to SEBI and MCA regulations, unmodified audit opinion, and no material related party transactions in the annual report. The AGM will serve as a key platform for shareholder engagement, where decisions on dividend, director appointments, and governance disclosures will be finalized. Management appears to be prioritizing procedural compliance and stakeholder communication over aggressive growth signaling.

Extracted from official company announcements. Not StockFin.ai's opinion.

🏦 Balance Sheet (₹ Cr)

Item	Mar 2018	Mar 2025	Mar 2026
Equity Capital	17	70	70
Reserves	111	52	54
Borrowings	59	13	6
Total Liabilities	228	168	163
Fixed Assets	53	47	46
Investments	21	4	5
Total Assets	228	168	163

The balance sheet shows stable equity of ₹70 crores over recent periods, with reserves growing slightly from ₹52 to ₹54 crores, indicating retained earnings despite low profitability. Borrowings have declined from ₹13 crores in March 2025 to ₹6 crores in March 2026, suggesting active deleveraging. Total assets have marginally decreased from ₹168 to ₹163 crores, reflecting reduced liabilities and stable asset base. This conservative capital structure supports financial resilience but limits capacity for large-scale investment or aggressive expansion without external funding.

💰 Cash Flow Statement (₹ Cr)

Item	Mar 2018
Operating	+6
Investing	-11
Financing	+4
Net Cash Flow	-2

👥 Shareholding Pattern

Category	Q2FY26	Q3FY26	Q4FY26	Q1FY27
Promoters	35.9%	35.9%	36.0%	36.1%
FII	0.2%	0.0%	0.0%	0.0%
DII	0.0%	0.0%	0.0%	0.0%
Public	57.0%	57.2%	56.8%	56.6%
# Shareholders	41,822	41,241	40,758	40,606

Promoter holding has slightly declined from 35.91% to 35.99% over recent quarters, with public shareholding increasing from 56.57% to 57.24%, indicating minor dilution or public buying. FII and DII holdings remain negligible at 0% and 0% respectively, with only a brief 0.17% FII stake observed in Q2FY26. The number of public shareholders has grown from 40,606 to 41,822, reflecting retail investor engagement. There are no signs of institutional accumulation, and the lack of FII/DII activity suggests limited institutional confidence. No promoter pledging has been disclosed, but the low trading multiples and stagnant institutional interest raise concerns about liquidity and investor attention.

⚖️ Peer Comparison — Logistics

Company	MCap (₹ Cr)	P/E	ROCE	ROE	D/E
CONCOR	38,843	31.1	13.8%	9.9%	0.00
DELHIVERY	34,297	366.4	2.3%	1.0%	0.00
AEGISVOPAK	29,727	118.2	7.4%	6.7%	0.49
SHADOWFAX	15,107	85.8	11.0%	9.7%	0.00
BLUEDART	11,703	40.8	23.6%	16.2%	0.11
BLACKBUCK	10,812	64.2	11.7%	11.9%	0.02
TCI	6,657	14.6	18.8%	17.9%	0.09
TVSSCS	5,607	87.0	8.3%	3.4%	0.55
VRLLOG	5,303	19.9	28.1%	23.4%	0.40
544224	4,481	26.5	83.1%	66.6%	0.12

🔗 Peer Stock Analyses

CONCOR DELHIVERY AEGISVOPAK SHADOWFAX BLUEDART

⚠️ Risk Factors

1. Leadership transition risks: The re-designation of the CFO from Whole-Time Director to non-executive may affect financial oversight and internal controls during the AGM-driven governance changes. 2. Margin sustainability: Despite revenue growth, operating margins remain below 4%, pressured by competitive logistics pricing and high operational costs. 3. Dividend reduction: The cut from ₹0.40 to ₹0.20 per share signals tighter cash flow, potentially limiting investor returns and signaling conservative capital allocation. 4. Low institutional interest: Absence of FII/DII holdings and lack of analyst coverage may result in low liquidity and heightened price volatility.

📋 Recent Filings

🧠 Analyst's Read

Patel Integrated Logistics is navigating a phase of governance stabilization amid modest growth, with management prioritizing compliance and shareholder communication over expansion. The company demonstrates sequential revenue improvement but faces persistent margin and profitability challenges. Investors should monitor the AGM outcomes, particularly the finalization of director appointments and dividend policy, as well as any updates on capital allocation or strategic initiatives. The low institutional interest and thin margins warrant caution, making operational execution and cash flow visibility key near-term watchpoints.

Based on filing content and financial data. Not a recommendation.

Read the full analysis

Quarterly trends, balance sheet, cash flow, peer comparison, and AI insights — sign up free to unlock.

2 free AI queries per day.

✨ Deep Dive with AI on PATINTLOG

Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-09-01.

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

📡 Get AI alerts when PATINTLOG files new disclosures

Track PATINTLOG filings, board meetings, and corporate actions. Free email alerts at 5 PM.

Track PATINTLOG — Free

Free account · 2 AI queries/day

About · Privacy Policy · Terms of Service · Pricing

Today's Announcements · Screener · Insights · AI Chat

Data provided by CMOTS Internet Technologies Pvt Ltd