PRANIK
Pranik Logistics financials
- Market cap
- ₹49 Cr
- Sector
- Services
- Calls analysed
- 4
PRANIK Q4 FY26
What went well
- Total revenue for FY26 stood at ₹161 crores, up from ₹106 crores in FY25 (a 51.89% YoY increase).
- PAT increased to ₹7.0304 crores in FY26 from ₹6.44 crores in FY25 (a 9.16% YoY increase).
- Earnings per share (EPS) grew from ₹5.85 last year to ₹6.39 this year (a 9.23% YoY increase).
What to watch
- Despite a significant revenue increase (51.89%), PAT only grew by 9.16% due to higher depreciation (₹4.97 crores in FY26 vs ₹2.80 crores in FY25).
- Receivable days have increased, with management stating they are currently at 90 days.
Guidance record · Q4 FY26
what the last two calls moved 9 tracked 0 delivered 4 missed 5 open- CapEx Deployment went quiet said Q4 FY25 Promised: we target that by the end of this financial years [FY26] these funds will be deployed and we'll be having the CapEx in place. Q4 FY26: Deadline of March 2026 has passed. No mention of the final utilization of the remaining INR 1.25 crores of IPO funds for warehousing capex.
- Debt at risk said Q4 FY25 Promised: apart from the vehicle loan, vehicle loan kept separate probably by March 27, the company should be debt free. Q4 FY26: Management confirms debt has 'undoubtedly' increased, justifying it with asset purchases. The trajectory is opposite to the debt-free goal.
- Revenue Growth open said Q4 FY26 Promised: we would be growing and in the similar manner, close to similar manner in which we have grown last year. Q4 FY26: Management guided for FY27 growth to be in a 'similar manner' to FY26's ~52% growth.
All 9 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 28.5%, net profit up 5.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 24 | 28 | 30 | 39 | 39 +61% | 36 +28% | 46 +52% | 50 +28% |
| EBITDA | 3 | 3 | 4 | 4 | 4 +21% | 3 +3% | 5 +24% | 5 +27% |
| Net profit | 2 | 2 | 2 | 2 | 2 +8% | 1 −25% | 2 +0% | 2 +6% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −46.5% 1Y
1Y: ₹78.75 on 10 Sept 2025 → ₹42.15. High ₹83.65 (28 Oct 2025), low ₹37 (30 Mar 2026).
How the price took the results
close before → close after
- Q4 FY26
- +10.8%
- 23 May
- Q2 FY26
- −1.9%
- 15 Nov
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
Revenue grew 52.5% a year over 1 year, FY25 to FY26. Operating margin narrowed to 9.4%.
| Year ending | FY25 | FY26 |
|---|---|---|
| Revenue | ₹105 Cr | ₹160 Cr |
| Operating profit | ₹12 Cr | ₹15 Cr |
| Operating margin | 11.4% | 9.4% |
| Interest | ₹2 Cr | ₹3 Cr |
| Depreciation | ₹3 Cr | ₹5 Cr |
| Net profit | ₹6 Cr | ₹7 Cr |
| Net margin | 6.2% | 4.4% |
| Cash from operations | ₹-12 Cr | ₹17 Cr |
| Free cash flow | ₹-19 Cr | ₹7 Cr |
| ROCE | 24.0% | 17.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹3 Cr | ₹3 Cr | ₹5 Cr | ₹5 Cr | ₹11 Cr | ₹11 Cr |
| Reserves | ₹1 Cr | ₹1 Cr | ₹2 Cr | ₹6 Cr | ₹31 Cr | ₹34 Cr |
| Borrowings | ₹2 Cr | ₹6 Cr | ₹14 Cr | ₹18 Cr | ₹39 Cr | ₹43 Cr |
| Other liabilities | ₹4 Cr | ₹5 Cr | ₹2 Cr | ₹6 Cr | ₹3 Cr | ₹8 Cr |
| Total liabilities | ₹9 Cr | ₹14 Cr | ₹24 Cr | ₹36 Cr | ₹84 Cr | ₹96 Cr |
| Fixed assets | ₹0 Cr | ₹1 Cr | ₹4 Cr | ₹4 Cr | ₹12 Cr | ₹13 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹21 Cr | ₹17 Cr |
| Other assets | ₹9 Cr | ₹13 Cr | ₹20 Cr | ₹31 Cr | ₹51 Cr | ₹67 Cr |
| Total assets | ₹9 Cr | ₹14 Cr | ₹24 Cr | ₹36 Cr | ₹84 Cr | ₹96 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Mar 2026
Since Mar 2025, FIIs trimmed −6.54 pp while the public added +6.00 pp. The shareholder count shrank 8% to 377.
- Promoters
- 73.8%
- FIIs
- 0.6%
- DIIs
- 0.6%
- Public
- 25.0%
Since Mar 2025
- FIIs −6.54 pp
- Public +6.00 pp
- DIIs +0.45 pp
How it drifted, 4 quarters
Over this window the public went from 12.6% to 25.0% — +12.5 pp.
Ownership split by quarter, oldest first. Oct '24: Promoters 73.5%, FIIs 11.0%, DIIs 2.9%, Public 12.6%.Mar '25: Promoters 73.7%, FIIs 7.1%, DIIs 0.2%, Public 19.0%.Sep '25: Promoters 73.7%, FIIs 0.6%, DIIs 1.1%, Public 24.7%.Mar '26: Promoters 73.8%, FIIs 0.6%, DIIs 0.6%, Public 25.0%.
Who bought this quarter
since Sep 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Anil Gurmukh Bhagwani . newly disclosed 1.12% held
- Manish Kumar Singh newly disclosed 1.00% held
- Pranav Kumar Sonthalia +0.09 pp 72.48% held
- Llp newly disclosed 0.06% held
- Nikunj Sonthalia newly disclosed 0.00% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of Pranik Logistics Ltd above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Pranav Kumar Sonthalia | 72.48% | +0.09 pp |
| Allina Qureshi | 6.99% | unchanged |
| Nischay Housing Pvt Ltd | 4.04% | unchanged |
| Shradha Kumari | 1.29% | unchanged |
| Anil Gurmukh Bhagwani . | 1.12% | newly disclosed |
| Manish Kumar Singh | 1.00% | newly disclosed |
| Llp | 0.06% | newly disclosed |
| Mayukh Agarwal | 0.00% | unchanged |
| Nikunj Sonthalia | 0.00% | newly disclosed |
| Priti Sonthalia | 0.00% | unchanged |
| Shyam Sunder Sonthalia | 0.00% | unchanged |
| Minal Sonthalia | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
AttractiveTo justify its price of ₹42, this stock must grow earnings at -5% every year for 7 years. Our analysis caps realistic growth at ~9%. At that growth it is worth ₹93 — upside of 120%.
- Growth the price implies
- -5.3% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 9.1% a year
- net profit, FY25–FY26
- The gap
- -0.1 pp
- 120% downside if it only repeats history
All earnings calls (4)
Read the Q4 FY26 call →Learn to analyse Pranik Logistics Ltd
Guides on how to read this kind of business and the numbers that matter.