Patel Integrated Logistics Ltd
Incorporated in 1962, Patel Integrated Logistics Ltd is in the business of Co-Loading of Airfreight and Logistics[1]
- Market Cap ₹ 97.4 Cr.
- Current Price ₹ 14.1
- High / Low ₹ 26.5 / 12.8
- Stock P/E 12.2
- Book Value ₹ 17.6
- Dividend Yield 2.13 %
- ROCE 5.91 %
- ROE 5.79 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.80 times its book value
- Company has been maintaining a healthy dividend payout of 17.5%
- Debtor days have improved from 94.3 to 71.9 days.
Cons
- The company has delivered a poor sales growth of -0.27% over past five years.
- Promoter holding is low: 35.9%
- Tax rate seems low
- Company has a low return on equity of 4.79% over last 3 years.
- Promoter holding has decreased over last 3 years: -3.94%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Services Services Transport Services Logistics Solution Provider
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 543 | 588 | 511 | 454 | 424 | 448 | 347 | 212 | 234 | 278 | 291 | 343 | 348 | |
| 527 | 568 | 490 | 436 | 406 | 433 | 339 | 207 | 227 | 268 | 281 | 334 | 340 | |
| Operating Profit | 16 | 20 | 22 | 18 | 17 | 15 | 8 | 5 | 8 | 10 | 9 | 9 | 9 |
| OPM % | 3% | 3% | 4% | 4% | 4% | 3% | 2% | 2% | 3% | 4% | 3% | 3% | 3% |
| 1 | 2 | 3 | 5 | 5 | 6 | 16 | 5 | 3 | 2 | 2 | 3 | 2 | |
| Interest | 9 | 9 | 9 | 8 | 7 | 8 | 7 | 8 | 5 | 5 | 3 | 1 | 0 |
| Depreciation | 4 | 5 | 4 | 4 | 5 | 5 | 4 | 2 | 3 | 3 | 3 | 3 | 3 |
| Profit before tax | 3 | 8 | 11 | 10 | 11 | 7 | 13 | 0 | 2 | 5 | 6 | 8 | 8 |
| Tax % | 24% | 25% | 24% | 25% | 23% | 15% | 16% | 79% | -2% | -5% | 2% | 1% | |
| 2 | 6 | 8 | 8 | 8 | 6 | 11 | 0 | 2 | 5 | 6 | 8 | 8 | |
| EPS in Rs | 0.36 | 0.91 | 1.23 | 1.15 | 1.16 | 0.89 | 1.51 | 0.01 | 0.32 | 0.70 | 0.80 | 1.09 | 1.15 |
| Dividend Payout % | 32% | 13% | 9% | 10% | 15% | 13% | 2% | 521% | 16% | 13% | 12% | 27% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | 0% |
| 3 Years: | 14% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 17% |
| 3 Years: | 45% |
| TTM: | 18% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -12% |
| 5 Years: | 4% |
| 3 Years: | 1% |
| 1 Year: | -36% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 3% |
| 3 Years: | 5% |
| Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 16 | 16 | 17 | 17 | 17 | 26 | 36 | 65 | 65 | 70 | 70 |
| Reserves | 75 | 75 | 91 | 99 | 111 | 112 | 102 | 91 | 81 | 53 | 55 | 52 | 53 |
| 45 | 48 | 61 | 62 | 68 | 76 | 61 | 62 | 48 | 31 | 24 | 13 | 13 | |
| 56 | 48 | 34 | 22 | 32 | 23 | 26 | 12 | 14 | 23 | 49 | 33 | 36 | |
| Total Liabilities | 192 | 187 | 202 | 199 | 228 | 227 | 205 | 190 | 179 | 172 | 192 | 168 | 171 |
| 48 | 42 | 40 | 52 | 58 | 60 | 51 | 53 | 57 | 55 | 48 | 47 | 46 | |
| CWIP | 0 | 0 | 0 | 2 | 4 | 2 | 2 | 1 | 0 | 0 | 0 | 0 | 0 |
| Investments | 2 | 2 | 2 | 12 | 16 | 14 | 11 | 9 | 6 | 5 | 5 | 4 | 4 |
| 141 | 142 | 160 | 133 | 150 | 151 | 142 | 127 | 116 | 112 | 139 | 117 | 120 | |
| Total Assets | 192 | 187 | 202 | 199 | 228 | 227 | 205 | 190 | 179 | 172 | 192 | 168 | 171 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 16 | 9 | -0 | 15 | 6 | -3 | -16 | 5 | 9 | -4 | 12 | 1 | |
| -5 | -1 | -1 | -18 | -11 | 1 | 40 | 4 | -1 | 5 | 9 | 1 | |
| -15 | -8 | 14 | -3 | 4 | -7 | -18 | 3 | -4 | 23 | -10 | -5 | |
| Net Cash Flow | -4 | 0 | 13 | -6 | -2 | -9 | 7 | 12 | 4 | 24 | 11 | -3 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 58 | 56 | 67 | 70 | 89 | 81 | 93 | 124 | 100 | 97 | 114 | 72 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 58 | 56 | 67 | 70 | 89 | 81 | 93 | 124 | 100 | 97 | 114 | 72 |
| Working Capital Days | 25 | 26 | 31 | 38 | 44 | 49 | 66 | 86 | 77 | 64 | 56 | 47 |
| ROCE % | 9% | 12% | 13% | 11% | 10% | 8% | 6% | 4% | 4% | 6% | 5% | 6% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
14 Nov - Transcript of presentation made on Thursday 13th November, 2025, on unaudited financial results (Standalone) of the company for the quarter and half year ended 30th …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
13 Nov - Audio recording of presentation on unaudited results for quarter/half-year ended 30 Sep 2025 available.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
12 Nov - In connection with Publication of unaudited financial results for quarter and half year ended 30th September 2025 and pursuant to Regulation 47 of SEBI LODR, …
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
11 Nov - Q2 FY26 revenue INR111.06Cr (+20.7% Q-o-Q); PAT INR2.28Cr; results for quarter ended Sep 30, 2025.
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Announcement under Regulation 30 (LODR)-Investor Presentation
11 Nov - Investor Presentation. The above information will be made available on the website of the company i.e https://www.patel-india.com
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from nse
Concalls
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT
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May 2025Transcript PPT
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Apr 2025TranscriptNotesPPT
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Feb 2025Transcript PPT
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Oct 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Mar 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Aug 2022TranscriptNotesPPT
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Jun 2022TranscriptNotesPPT
History[1]
1962 - PILL was incorporated by Mr. Asgar Shakoor Patel as “Patel Roadways Private Limited” (PRL) to cater to surface transport logistics across India and over the years the company has expanded its services to Air freight and warehousing.
1988 - Patel On-Board Couriers Ltd. (POBC) was launched initially for the business of wholesale couriers
2006 - Patel Integrated Logistics Limited (PILL) was formed with the merger of erstwhile Patel Roadways Limited and Patel On-Board Couriers Ltd. The company was a pioneer in the logistics sector in India, including express delivery, full truckload (FTL), less than truckload (LTL), domestic air courier, international courier consolidation, door pick-up, door pick-up delivery, and warehousing.
2018 - the company rebranded itself