Opening Hook
If you thought logistics was about dusty warehouses and cranky customs officers, S J Logistics (SJLOGISTIC) just turned it into a quarterly action movie. In Q1 FY26, revenue took off faster than your courier guy when you say “bhaiya jaldi.” Air cargo and NVOCC are the new box office hits in the portfolio, and margins are climbing like a container ship up a tide chart. Consolidated revenue hit ₹12,576 lakh, up 24.9% year-on-year (Investor Presentation, Aug 12, 2025). Why it matters? Because this is no sleepy freight forwarder—it’s morphing into a tech-enabled, asset-light global player with multiple engines of growth.
Stick around—things get spicier two scrolls down.
AT A GLANCE
• Revenue up 24.9% – containers clearly moving faster than paperwork
• EBITDA margin up 370 bps – asset-light doesn’t mean profit-light
• PAT up 32.9% – every crate counts
• Air cargo & NVOCC launched – new lanes, new money
• Warehousing footprint ~38,910 sq. ft. – Bhiwandi flex in full effect
MANAGEMENT’S KEY COMMENTARY
On growth: “Q1 FY26 revenue grew 24.9% y-o-y.” Translation – Demand’s up, and we’re riding the wave.
On margins: “EBITDA margin at 17.7%, up 370 bps.” Translation – Turns out, margin expansion isn’t just for software companies.
On air cargo: “₹411 lakh revenue, 8 airline tie-ups.” Translation – If it flies, we’ll bill it.
On NVOCC: “₹421 lakh revenue in debut quarter.” Translation – We’re a shipping line without the ship headaches.
On PSU relationships: “Deepening government logistics niche.” Translation – We’re making friends in high places (and ports).
On expansion: “Acquiring rights over large multi-user warehouses.” Translation – Bigger sheds, faster turnarounds.
On tech:
