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PATINTLOG - Patel Integrated

📊 NSE: PATINTLOG 🏢 Miscellaneous 📅 Last Updated: 12/14/2025 10:55

📢 Recent Corporate Announcements

Patel Integrated Logistics Files Annual SEBI Disclosure on Promoter Share Encumbrance

🟡 NEUTRAL ⭐ 3/10

REGULATORY 📅 09 Apr 2026, 02:37 PM

Patel Integrated Logistics Limited has submitted its annual disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This filing confirms that the promoters, along with persons acting in concert, have not created any new encumbrances or pledges on their shareholding during the financial year, other than those already disclosed. This is a mandatory annual compliance requirement intended to maintain transparency regarding promoter holdings. The disclosure serves as a routine verification of the company's shareholding structure.

Compliance with Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Annual declaration by promoters confirming no undisclosed share pledges were made during the fiscal year.
Standard regulatory filing aimed at ensuring corporate governance and transparency.
Confirms the status of promoter-held equity remains as previously disclosed to the exchange.

💡 This is a routine regulatory filing and does not impact the company's fundamentals. No immediate action is required from investors based on this disclosure.

Patel Integrated Logistics to Close Trading Window from April 1, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 24 Mar 2026, 03:35 PM

Patel Integrated Logistics Limited has announced the closure of its trading window starting April 1, 2026, in compliance with SEBI Insider Trading regulations. This closure is ahead of the board meeting to approve the Audited Standalone and Consolidated Financial Results for the quarter and year ending March 31, 2026. The window will remain closed for all designated persons, including directors and promoters, until 48 hours after the results are declared. The specific date for the board meeting will be communicated separately in due course.

Trading window closure effective from Wednesday, April 1, 2026.
Closure pertains to the approval of Audited Standalone & Consolidated Financial Results for FY 2025-26.
Window to reopen 48 hours after the public declaration of the financial results.
Restriction applies to all designated persons, promoters, and fiduciary relations like auditors and consultants.

💡 This is a standard regulatory procedure and does not impact the company's fundamentals. Investors should monitor for the upcoming board meeting date to review the year-end financial performance.

Patel Integrated Logistics Appoints Mahesh Fogla as WTD and CFO for 3-Year Term

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 23 Mar 2026, 05:03 PM

Shareholders of Patel Integrated Logistics have approved the appointment of Mr. Mahesh Fogla as Whole-time Director and CFO via postal ballot on March 22, 2026. Mr. Fogla, a qualified CA and Cost Accountant with over 25 years of experience, will serve a three-year term effective from February 12, 2026, to February 11, 2029. His previous gross remuneration for FY 2024-25 was reported at ₹3,55,742. This move ensures continuity in the company's financial leadership and strategic planning.

Shareholders approved the appointment of Mr. Mahesh Fogla as WTD and CFO via postal ballot on March 22, 2026.
The appointment is for a 3-year term effective from February 12, 2026, to February 11, 2029.
Mr. Fogla is a qualified CA and Cost Accountant with over 25 years of experience in Finance and Taxation.
His last drawn gross remuneration for the financial year 2024-2025 was ₹3,55,742.

💡 This is a routine management appointment ensuring leadership stability; no immediate action is required. Investors should monitor the company's financial performance under his continued leadership.

Patel Integrated Logistics Shareholders Approve RSU 2026 Scheme and CFO Re-appointment

🟢 POSITIVE ⭐ 6/10

MANAGEMENT 📅 23 Mar 2026, 04:28 PM

Shareholders of Patel Integrated Logistics have approved the 'Restricted Stock Unit Scheme 2026' (RSU 2026), which includes secondary share acquisition through a trust route. The company received a mandate to provide financial assistance to the trust for purchasing its own shares to fulfill the scheme. Additionally, Mr. Mahesh Fogla has been re-appointed as Whole-Time Director and CFO for a three-year term. All six resolutions, including one for inter-corporate loans to subsidiaries, were passed as special resolutions with nearly 100% of the polled votes in favor.

Approval of 'RSU 2026' scheme for employees of the company and its subsidiaries
Authorized secondary acquisition of shares via a Trust route and provision of company funds for the same
Mr. Mahesh Fogla re-appointed as Whole-Time Director and CFO for a period of 3 years
Resolution for providing loans or guarantees to subsidiaries under Section 185 passed with 99.99% of polled votes
Total voter turnout was 35.97% of the 69.58 million outstanding shares, dominated by promoter participation

💡 The approval of the RSU scheme indicates a focus on long-term employee alignment and leadership stability. Investors should monitor the impact of share purchases by the Trust on the company's cash reserves.

Patel Integrated Logistics to Voluntarily Delist from Calcutta Stock Exchange

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 16 Mar 2026, 02:20 PM

Patel Integrated Logistics Limited (PATINTLOG) has received board approval to voluntarily delist its equity shares from the Calcutta Stock Exchange (CSE). This move is purely administrative as the company's shares will continue to be listed and traded on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). The company stated that since CSE lacks an active trading platform, shareholders will not be affected by this decision. The board meeting concluded on March 16, 2026, after approving the proposal.

Board approved voluntary delisting from Calcutta Stock Exchange (CSE) on March 16, 2026.
Equity shares will remain listed and actively traded on nationwide exchanges BSE and NSE.
Management confirms no impact on shareholders as CSE does not have an active trading platform.
The board meeting was held for 1.5 hours, commencing at 12:30 P.M. and concluding at 02:00 P.M.

💡 No action is required from investors as the stock's liquidity on major exchanges (NSE/BSE) remains unchanged. This is a routine administrative cleanup to reduce compliance costs associated with inactive regional exchanges.

Patel Integrated Logistics to Join Arihant-Bharat Connect Conference on March 10

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 05 Mar 2026, 06:53 PM

Patel Integrated Logistics Limited (PATINTLOG) has scheduled a virtual group meeting with investors and analysts on March 10, 2026, at 11:00 AM. The company will be participating in the 'Arihant-Bharat Connect Conference: Rising Stars - March 2026'. This interaction is a routine disclosure under SEBI (LODR) Regulations to maintain transparency with the investment community. Management has explicitly stated that no unpublished price sensitive information (UPSI) will be discussed during the session.

Virtual group meeting scheduled for March 10, 2026, at 11:00 AM IST.
Participation in the Arihant-Bharat Connect Conference: Rising Stars - March 2026.
Compliance with Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Management confirms that no unpublished price sensitive information (UPSI) will be shared during the interaction.

💡 Investors should monitor the company's website or stock exchange filings for any investor presentations or transcripts released after the meeting. This is a routine engagement and does not necessitate immediate portfolio changes.

Patel Integrated Logistics Receives Income Tax Refund of ₹3.93 Crores

🟢 POSITIVE ⭐ 4/10

OTHER 📅 24 Feb 2026, 11:55 AM

Patel Integrated Logistics Limited has officially received an Income Tax refund amounting to ₹3.93 Crores. The funds have been credited directly to the company's bank account, providing an immediate boost to its cash reserves. Management has stated that this receipt will favorably impact the company's financial position. The disclosure was made in accordance with SEBI Listing Obligations and Disclosure Requirements.

Received a total Income Tax refund of ₹3.93 Crores.
The refund amount has been successfully credited to the company's bank account.
Management expects a favorable impact on the company's financial statements.
The announcement was made pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015.

💡 Investors should view this as a positive liquidity event that strengthens the balance sheet. While it is a non-recurring gain, it provides additional working capital for the company's logistics operations.

Patel Integrated Logistics to Launch RSU 2026 Scheme for 6.95 Lakh Shares via Trust Route

🟡 NEUTRAL ⭐ 6/10

MANAGEMENT 📅 19 Feb 2026, 04:12 PM

Patel Integrated Logistics has issued a postal ballot notice seeking shareholder approval for its 'Restricted Stock Unit Scheme 2026' (RSU 2026). The scheme involves granting up to 6,95,000 options to employees, which will be fulfilled through secondary market acquisitions by an employee welfare trust rather than new equity issuance. Additionally, the company is seeking approval to re-designate Mr. Mahesh Fogla as Whole-time Director and CFO for three years. Other resolutions include providing financial assistance to the Trust for share purchases and authorizing loans or guarantees for subsidiary companies.

Proposed 'RSU 2026' scheme covers up to 6,95,000 equity shares of face value Rs. 10 each.
Shares will be sourced via secondary acquisition through the 'PIL ESOP Trust', preventing equity dilution for existing shareholders.
Mr. Mahesh Fogla to be re-designated as Whole-time Director and CFO for a 3-year tenure.
Company will provide funds to the Trust for the purchase of its own shares from the secondary market.
Remote e-voting for these resolutions is scheduled from February 21, 2026, to March 22, 2026.

💡 Investors should note that while the RSU scheme avoids equity dilution, it will involve cash outflows to fund the Trust's share purchases. Monitor the company's cash position and the impact of these incentive schemes on long-term employee retention.

Patel Integrated Logistics Q3 FY26 PAT Rises 12% YoY to ₹3 Cr; New Road Logistics Subsidiary Formed

🟡 NEUTRAL ⭐ 7/10

EARNINGS 📅 16 Feb 2026, 03:03 PM

Patel Integrated Logistics reported a 12% YoY increase in PAT to ₹3 crores for Q3 FY26, despite a 7% QoQ decline in domestic cargo volumes to 12,270 tons. The volume dip was primarily attributed to a week-long disruption in IndiGo's flight schedules in December 2025. The company is diversifying its operations by launching a 60% subsidiary, Rajpat Logistics, for asset-light road transport and has added Star Airline as a new partner. For 9M FY26, the company achieved a PAT of ₹7 crores, reflecting a 16% YoY growth, while maintaining a net debt-free balance sheet.

Q3 FY26 PAT grew 12% YoY to ₹3 crores with an improved PAT margin of 3.05%.
Domestic cargo volumes fell 7% QoQ to 12,270 tons due to external airline operational headwinds.
Blended sales realization remained healthy at ₹59.82 per kg for the quarter.
Incorporated Rajpat Logistics Private Limited (60% stake) to expand into road logistics via an asset-light model.
9M FY26 PAT increased 16% YoY to ₹7 crores despite a slight revenue dip to ₹251 crores.

💡 Investors should monitor the execution of the new road logistics subsidiary and the impact of carrier diversification on volume stability. The company's net debt-free status and asset-light strategy provide a stable foundation, but heavy reliance on third-party airline schedules remains a risk.

Patel Integrated Logistics Releases Q3 FY26 Earnings Call Audio Recording

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 13 Feb 2026, 06:23 PM

Patel Integrated Logistics Limited has officially released the audio recording of its earnings conference call held on February 13, 2026. The call addressed the company's unaudited standalone and consolidated financial results for the third quarter ended December 31, 2025. This disclosure is a standard regulatory requirement under SEBI (LODR) Regulations to ensure transparency. Investors can access the full recording on the company's official website to evaluate management's commentary on performance.

Audio recording of the Q3 FY26 earnings call is now available for public review.
The conference call was conducted on February 13, 2026, and concluded at 16:42.
Covers financial performance for the quarter ended December 31, 2025, on both standalone and consolidated bases.
Compliance filing submitted under Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

💡 Investors should listen to the recording to identify management's outlook on the logistics sector and specific growth drivers for the company. No immediate action is necessary as this is a procedural disclosure.

Patel Integrated Logistics Re-appoints Mahesh Fogla as WTD and CFO for 3-Year Term

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 12 Feb 2026, 05:07 PM

Patel Integrated Logistics Limited has approved the re-designation and re-appointment of Mr. Mahesh Fogla as Whole-time Director and Chief Financial Officer. The appointment is for a three-year tenure starting from February 12, 2026, and extending until February 11, 2029. Mr. Fogla is a qualified Chartered Accountant and Cost Accountant with over 25 years of experience in finance, taxation, and strategic planning. This move ensures continuity in the company's senior leadership and financial management.

Re-appointment of Mr. Mahesh Fogla as Whole-time Director and CFO for a 3-year term.
The new tenure is effective from February 12, 2026, to February 11, 2029.
Mr. Fogla brings over 25 years of professional experience in Finance, Accounts, and Taxation.
The appointment is subject to the approval of the company's shareholders.

💡 This is a routine management announcement ensuring leadership stability. Investors should continue to monitor the company's financial performance under the existing leadership.

Patel Integrated Logistics Q3 PAT Rises 17.87% QoQ to ₹2.68 Cr; Revenue Dips to ₹104.22 Cr

🟡 NEUTRAL ⭐ 7/10

EARNINGS 📅 12 Feb 2026, 04:49 PM

Patel Integrated Logistics reported a 17.87% sequential growth in PAT to ₹2.68 crore for Q3 FY26, despite a 6.17% QoQ decline in revenue to ₹104.22 crore. The revenue dip was attributed to temporary disruptions in Indigo Airlines' domestic schedules and a post-festive slump in international sales. While domestic and international volumes fell by 7% and 5.9% respectively, the company maintained profitability through operational efficiencies. A new partnership with Star Airline starting February 2026 is expected to bolster domestic network capacity.

PAT grew 17.87% QoQ to ₹2.68 crore compared to ₹2.28 crore in the previous quarter.
Gross Income from Operations stood at ₹104.22 crore, down 6.17% QoQ and 1.57% YoY.
Domestic cargo volumes decreased by 7% QoQ to 12,270 tons.
International cargo volumes declined by 5.9% QoQ to 2,069 tons.
Announced a strategic partnership with Star Airline to expand domestic air cargo operations from February 2026.

💡 The improvement in PAT despite lower volumes suggests better cost management, but the revenue contraction warrants caution. Investors should watch for volume recovery following the Star Airline partnership in the coming quarters.

Patel Integrated Logistics Reports 9M-FY26 Revenue of ₹2,605 Mn and Maintains Debt-Free Status

🟡 NEUTRAL ⭐ 7/10

EARNINGS 📅 12 Feb 2026, 04:41 PM

Patel Integrated Logistics (PILL) reported a revenue of ₹2,605 million for the first nine months of FY26, with EBITDA margins standing at 2.53%. The company continues to operate as a debt-free entity following its 2023 capital raise, focusing on its core air freight and warehousing segments. While domestic air freight remains the dominant revenue contributor at ₹1,539 million for 9M-FY26, the company is leveraging its 99% digital platform adoption to improve operational efficiency. Despite steady volume, EBITDA margins have seen a gradual compression from 3.71% in FY23 to the current 2.53%.

9M-FY26 Revenue reached ₹2,605 million with an EBITDA of ₹66 million (2.53% margin).
Domestic logistical load for 9M-FY26 stood at 37,101 tonnes, while international load reached 5,949 tonnes.
Maintains a strong pan-India presence across 112 airports with 125+ strategic office locations.
Achieved 99% adoption of the 'Freight PILL' digital platform, enhancing transparency and real-time tracking.
Company remains debt-free following a successful 3x oversubscribed rights issue in 2023.

💡 Investors should monitor the company's ability to stabilize and improve EBITDA margins, which have trended downwards over the last three years. The debt-free balance sheet and high digital adoption provide a stable base for potential growth in the expanding Indian air cargo market.

Patel Integrated Logistics Q3 Net Profit Rises 23.4% YoY to ₹2.69 Cr; New RSU Scheme Approved

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 12 Feb 2026, 04:16 PM

Patel Integrated Logistics reported a standalone net profit of ₹2.69 crore for Q3 FY26, a 23.4% increase from ₹2.18 crore in the same quarter last year. Despite a marginal dip in total income to ₹89.71 crore, the company achieved higher profitability by significantly reducing finance costs by 58% YoY. The board also approved the 'RSU Scheme 2026' for employees and re-appointed Mahesh Fogla as CFO and Whole-time Director for three years. Furthermore, the company expanded its footprint by incorporating a new subsidiary, Rajpat Logistics Private Limited.

Standalone Net Profit grew 23.4% YoY to ₹268.96 Lakhs in Q3 FY26.
Finance costs dropped sharply to ₹8.53 Lakhs from ₹20.42 Lakhs in the year-ago period.
Total Income for the nine-month period ended Dec 2025 reached ₹262.72 Crore.
Board approved the 'Patel Integrated Logistics Restricted Stock Unit Scheme 2026' for eligible employees.
Mahesh Fogla re-appointed as Whole-time Director and CFO for a 3-year term ending Feb 2029.

💡 Investors should note the company's improved bottom line and debt management, as evidenced by falling finance costs. The introduction of the RSU scheme and management continuity are positive signs for long-term stability, though revenue growth remains relatively flat.

Patel Integrated Logistics to Host Q3 FY26 Earnings Call on February 13, 2026

🟡 NEUTRAL ⭐ 4/10

EARNINGS 📅 30 Jan 2026, 11:05 AM

Patel Integrated Logistics Limited (PATINTLOG) has scheduled an earnings conference call for Friday, February 13, 2026, at 16:00 IST. The call is intended to discuss the financial results for the quarter and nine months ended December 31, 2025. Senior management will be present to interact with analysts and institutional investors regarding the company's performance. This routine disclosure provides a platform for stakeholders to seek clarity on the company's operational trajectory and financial health.

Earnings call scheduled for February 13, 2026, at 4:00 PM IST.
Discussion will focus on Q3 and nine-month financial results ending December 31, 2025.
Universal dial-in numbers for the call are +91 2262801143 and +91 2271158044.
International toll-free numbers provided for USA, UK, Singapore, and Hong Kong participants.
Pre-registration link and audio replay options are available for investor accessibility.

💡 Investors should attend or review the transcript of the call to understand management's outlook on the logistics sector and specific growth drivers for the company. Monitor the results for any significant changes in debt levels or operating margins.

View All PATINTLOG Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Operational income for Q2 FY26 reached INR 94 Cr, a 12% YoY increase. For H1 FY26, total operational income was INR 172 Cr, up 4% YoY. Domestic cargo volume grew 13% QoQ to 13,195 tons, while international cargo volume surged 31% QoQ to 2,198 tons.

Geographic Revenue Split

Not specifically disclosed by region, but the business is split between Domestic cargo (24,831 tons in H1 FY26) and International cargo (3,880 tons in H1 FY26).

Profitability Margins

PAT for Q2 FY26 was INR 2 Cr, a 15% YoY increase, with PAT margins improving to 2.44%. H1 FY26 PAT was INR 4 Cr, up 8% YoY, with a margin of 2.27%. The company focuses on maintaining profitability in a low-margin environment through volume-driven economies of scale.

EBITDA Margin

EBITDA for Q2 FY26 stood at INR 3 Cr, growing 14% YoY with a margin of 2.66%. H1 FY26 EBITDA was INR 5 Cr, up 2.3% YoY, with a margin of 2.61%.

Capital Expenditure

The company maintains an asset-light model. As of H1 FY26, Property, Plant, and Equipment (PPE) stood at INR 33 Cr, with Capital Work in Progress (CWIP) at a minimal INR 5 lakhs. Investment property is valued at INR 13 Cr.

Credit Rating & Borrowing

The company is now net debt-free as of November 2025. Interest paid in the recent period was only INR 21 lakhs, reflecting a significant reduction in borrowing costs.

⚙️ Operational Drivers

Raw Materials

As a logistics provider, primary inputs are fuel and freight capacity (air and road), though specific commodity names like 'Aviation Turbine Fuel' are not explicitly listed as raw materials.

Key Suppliers

Not disclosed in available documents, but the company partners with airlines and third-party fleet owners for its asset-light air and road cargo operations.

Capacity Expansion

The company handled a total cargo volume of 15,393 tons in Q2 FY26. Expansion is focused on increasing volume throughput rather than physical asset ownership to maintain an asset-light structure.

Raw Material Costs

Not disclosed as a specific percentage of revenue, but the company notes that overhead costs remain constant as volumes increase, allowing for margin expansion through economies of scale.

Manufacturing Efficiency

The company tracks blended realization per kg, which was INR 59.24 for Q2 FY26 and INR 58.22 for H1 FY26, reflecting disciplined pricing strategies.

Logistics & Distribution

The company operates an asset-light road and air cargo network, specifically stating they will not own trucks to maximize Return on Investment (ROI).

📈 Strategic Growth

Expected Growth Rate

12%

Growth Strategy

The company is pursuing an asset-light, ROI-driven strategy focusing on air cargo and road transport. By not owning trucks or heavy assets, they aim to improve Return on Investment. Growth is expected through volume increases which leverage fixed overheads to expand EBITDA margins.

Products & Services

Air cargo handling (Domestic and International) and road logistics services.

Brand Portfolio

Patel Integrated Logistics.

New Products/Services

Continued focus on expanding the air cargo and road business segments with an emphasis on high-ROI customers.

Market Expansion

Targeting significant customers where ROI is higher, while avoiding capital-intensive asset creation.

🌍 External Factors

Industry Trends

The industry is shifting toward asset-light models. The company is positioning itself as a net debt-free, ROI-driven player, focusing on the growing air cargo segment which saw a 31% QoQ increase in international volumes.

Competitive Landscape

Operates in a competitive, low-margin logistics environment where scale and volume are the primary differentiators.

Competitive Moat

The moat is built on a net debt-free balance sheet and an established cargo network. Sustainability is driven by the transition to an asset-light model which protects the company from the high fixed costs of fleet ownership.

Macro Economic Sensitivity

Highly sensitive to national economic developments, changes in governmental policies, and fiscal laws.

Consumer Behavior

Increased demand for steady cargo movement across domestic and international networks.

Geopolitical Risks

The company notes that factors outside management control, such as political and social conditions, can cause actual results to differ from projections.

⚖️ Regulatory & Governance

Industry Regulations

Compliance with Ind AS 115 for revenue recognition and Sections 177 and 188 of the Companies Act, 2013 regarding related party transactions.

Taxation Policy Impact

Deferred Tax Liability (Net) was INR 1.92 Cr as of March 31, 2025.

Legal Contingencies

The company faces disputed claims under various non-tax matters totaling INR 5.54 Cr (INR 553.82 lakhs) pending at various courts/forums, currently considered as contingent liabilities.

⚠️ Risk Analysis

Key Uncertainties

Potential for material misstatements due to fraud or error in revenue recognition, and the risk of internal financial controls becoming inadequate due to changing conditions.