📈 At a Glance
Sical Logistics Ltd, once a flagship of Indian integrated logistics, is now a textbook case of how to destroy shareholder wealth. With a negative book value, deeply pledged promoter shares, and sales in steady decline, the company is clinging to life via Coffee Day CPR and prayers. Market cap stands at ₹729 Cr, but fundamentals are practically dead on arrival.
✈️ 1. Introduction with Hook
Remember when logistics used to mean “growth stock”? Sical was that guy in the 2000s. Today, it’s more like a logistics zombie run by the ghost of Coffee Day. Once handling over 25 million tons of cargo, now it’s barely holding up under its own debt.
And oh, promoters just pledged 51% of the company to raise ₹250 Cr. Because nothing screams confidence like handing over half your stake.
🚚 2. WTF Do They Even Do?
Sical Logistics is an integrated logistics player (read: jack of all, master of none now) involved in:
- Port logistics, mining logistics, road/rail transport
- Container
