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Flomic Global Logistics Ltd

FLOMIC
BSE
53.00
0.55%
Last Updated:
29 Apr '26, 4:00 PM
Company Overview
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Flomic Global Logistics Ltd

FLOMIC
BSE
53.00
0.55%
29 Apr '26, 4:00 PM
Company Overview
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6M
Price
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Quick Ratios

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Mkt Cap
Market Capitalization
96Cr
Close
Close Price
53.00
Industry
Industry
Transport - Road
PE
Price To Earnings
PS
Price To Sales
0.22
Revenue
Revenue
442Cr
Rev Gr TTM
Revenue Growth TTM
-8.45%
PAT Gr TTM
PAT Growth TTM
-136.44%
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Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue
RevenueCr
75687489101111137135118101114109
Growth YoY
Revenue Growth YoY%
-41.2-51.1-40.57.234.062.484.051.417.3-8.5-16.7-19.3
Expenses
ExpensesCr
68607080911011261231079510599
Operating Profit
Operating ProfitCr
784910101111116910
OPM
OPM%
9.311.46.09.910.09.07.88.49.66.17.68.8
Other Income
Other IncomeCr
100010111100
Interest Expense
Interest ExpenseCr
222224343333
Depreciation
DepreciationCr
555567777777
PBT
PBTCr
11-323-1222-3-11
Tax
TaxCr
000010000000
PAT
PATCr
11-222-1112-3-11
Growth YoY
PAT Growth YoY%
-81.7-70.4-155.864.3105.8-160.0149.8-38.67.8-422.8-184.9-31.9
NPM
NPM%
1.21.4-3.22.11.8-0.50.90.81.6-2.9-0.90.7
EPS
EPS
0.50.5-1.31.01.0-0.30.70.61.1-1.6-0.60.4

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Revenue
RevenueCr
00000114165374422332500442
Growth
Revenue Growth%
-100.0-25.8-79.8-100.044.3126.912.8-21.450.6-11.6
Expenses
ExpensesCr
01000107151345386301456406
Operating Profit
Operating ProfitCr
000007143036314436
OPM
OPM%
-149.2-158.3-1,115.96.58.68.08.69.48.78.1
Other Income
Other IncomeCr
000001223233
Interest Expense
Interest ExpenseCr
00000346891412
Depreciation
DepreciationCr
00000691318212828
PBT
PBTCr
0000003131335-1
Tax
TaxCr
000000133110
PAT
PATCr
000000210924-1
Growth
PAT Growth%
-109.5-101.7133.2250.3-211.7-227.94,776.9290.3-1.6-77.069.1-134.9
NPM
NPM%
-6.22.847.8-0.11.52.62.30.70.7-0.3
EPS
EPS
-0.40.00.00.00.00.01.45.35.21.22.0-0.7

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
Equity CapitalCr
0777718181818181818
Reserves
ReservesCr
70000241423252924
Current Liabilities
Current LiabilitiesCr
00000305073679710198
Non Current Liabilities
Non Current LiabilitiesCr
0000024263536626152
Total Liabilities
Total LiabilitiesCr
888887498140145202209193
Current Assets
Current AssetsCr
1111738598682101110104
Non Current Assets
Non Current AssetsCr
667713639546210110088
Total Assets
Total AssetsCr
888887498140145202209193

Cash Flow

Consolidated
Standalone
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating Cash Flow
Operating Cash FlowCr
000-10-699372017
Investing Cash Flow
Investing Cash FlowCr
10000-4-1-3-2-6-2
Financing Cash Flow
Financing Cash FlowCr
0000013-6-8-17-17-26
Net Cash Flow
Net Cash FlowCr
100-1033-217-2-12
Free Cash Flow
Free Cash FlowCr
000-10-1195351714
CFO To PAT
CFO To PAT%
2,789.1-694.4-8,954.4-3,558.81,242.911,901.0360.592.5388.1930.3450.9
CFO To EBITDA
CFO To EBITDA%
71.9-28.6155.5152.445.6-84.963.129.8101.865.338.2

Ratios

Consolidated
Standalone
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
000001923615712798
Price To Earnings
Price To Earnings
0.00.00.017.00.00.03.824.516.658.526.5
Price To Sales
Price To Sales
0.00.30.00.60.60.00.10.60.40.40.2
Price To Book
Price To Book
0.00.00.00.00.00.00.47.33.82.92.1
EV To EBITDA
EV To EBITDA
6.02.83.2-0.4-0.44.03.19.85.77.14.6
Profitability Ratios
Profitability Ratios
GPM
GPM%
100.0100.0100.0100.0100.0100.0100.0100.0100.0
OPM
OPM%
-149.2-158.3-1,115.96.58.68.08.69.48.7
NPM
NPM%
-6.22.847.8-0.11.52.62.30.70.7
ROCE
ROCE%
0.00.00.10.30.14.611.220.618.67.511.7
ROE
ROE%
-0.1-0.20.10.2-0.2-0.311.029.922.85.07.9
ROA
ROA%
-0.1-0.20.10.2-0.2-0.12.56.96.61.11.8
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
### **Overview** Flomic Global Logistics Ltd is a leading Indian freight forwarding and integrated logistics solutions provider with a 37-year operational history, dating back to its founding in 1988 by Mr. Lancy Barboza in Mangalore. Incorporated as Flomic Freight Services Pvt Ltd in 1992 after relocating to Mumbai, the company transitioned into a publicly listed entity in 2020 through amalgamation with Vinaditya Trading Company Limited, which was subsequently renamed **Flomic Global Logistics Ltd** and listed on the **Bombay Stock Exchange (BSE)**. With a vision to become a globally recognized end-to-end logistics partner, Flomic operates under a one-stop-shop model, offering comprehensive domestic and international logistics services across air, sea, land, and rail. --- ### **Core Business Segments & Services** Flomic operates across multiple high-growth logistics segments: - **International Freight Forwarding** (Air & Sea Export/Import) - **Customs Brokerage & Agency Services** - **Warehousing & 3PL/4PL Solutions** - **Multimodal & Door-to-Door Transportation** - **Project Cargo & Break Bulk Handling** - **Cross-Trade Logistics** - **Chartering of Ships & Aircraft** - **Reefer Container & Liquid Logistics (ISO Tanks, Flexi Tanks)** - **Exhibition & Event Logistics** The company specializes in handling complex cargo types including **project cargo** (e.g., wind turbines, mining equipment), **oversized goods**, **pharmaceuticals**, **dangerous goods**, and **temperature-sensitive shipments**, supported by technical expertise and real-time monitoring systems. --- ### **Operational Footprint & Network Expansion** As of 2025, Flomic has established a robust pan-India presence with: - **30+ branches** in major metropolitan and tier-two cities including **Delhi, Mumbai (Bhiwandi), Bangalore, Chennai, Kolkata, Ahmedabad, Vadodara, Pune, Gurgaon, Jammu & Kashmir, and Karnataka**. - **43+ warehouses** across key logistics hubs such as **Delhi, Gurgaon (2), Halol (Gujarat), Mewat & Hissar (Haryana), Thane, Tamil Nadu, Telangana (2), Lucknow, Howrah (3), and Jammu & Kashmir**. - Own **warehousing and Container Freight Stations (CFS)** facilities in strategic locations to support 3PL operations. - A **global office in Dubai**, with **planned expansions into Singapore, Sri Lanka, the Netherlands, and London** by FY2026. Flomic is a proud member of several elite global freight networks: - **World Cargo Alliance (WCA)** – connects to over 2,000 freight forwarders in 197 countries. - **JCTrans** - **Prolog Network** - **IATA-accredited** for air cargo operations. These memberships enable competitive freight rates, global destination access, and seamless coordination with overseas partners. --- ### **Strategic Initiatives & Growth Plans** 1. **Expansion into High-Value Cargo Segments**: - Growing **break bulk and project cargo volumes** via hiring senior talent in **sales and operations**. - Investing in **specialized equipment** (flat racks, super racks) and **technical capabilities** for oversized shipments. 2. **Vertical Integration & Infrastructure Investments**: - Building a **proprietary fleet of vehicles** for last-mile delivery. - Setting up **air cargo centers at major Indian airports** to move up the value chain. - Expanding **container freight stations** at emerging ports. 3. **Digital Transformation**: - Utilizes a **cloud-based ERP system** and **real-time cargo tracking technologies** to enhance transparency and service efficiency. - Offers **24x7 online tracking**, digital documentation, and automated customer reporting. 4. **Global Market Penetration**: - Targeting new international offices in **Dubai, Singapore, Colombo, Amsterdam, and London**. - Strengthening **cross-trade logistics** solutions leveraging global agent networks and multilingual teams. 5. **Talent & Governance**: - Key leadership includes: - **Alan Barboza**, Executive Director & AGM - Sales (9+ years with company). - **Amarjit Sahmbi**, CEO - Warehousing Division, who built a **39-warehouse network** across India. - **Piyush Mehta**, VP - Sales, with nearly two decades of freight forwarding experience. - Implementing **ESOPs and talent retention strategies** to support scaling. --- ### **Sales & Customer Acquisition Strategy** - Maintains a **large direct sales force** targeting exporters, importers, and overseas agents. - Adds **~75 new customers per month**. - Avoids **sub-agent business models** to preserve **higher net margins**, even at the expense of top-line volume. - Focuses on **deep-selling and cross-selling** to key corporate clients across industries. --- ### **Customer Value Proposition** Flomic differentiates itself through: - **Integrated, multimodal logistics solutions** under a single **bill of lading (BL)**. - **Expertise in international trade compliance**, customs procedures, and INCO term advisory. - **End-to-end shipment visibility** with real-time tracking and proactive risk management. - **Dedicated project management teams** for complex and time-sensitive deliveries. --- ### **Sustainability & Regulatory Compliance** - Founder Lancy Barboza holds certifications from **Air India (Cargo Handling)** and **Customs Rule 9 Examination**, laying the foundation for strong regulatory adherence. - All staff are trained in **international trade regulations, customs processes, and hazardous goods handling**. - Emphasis on **technical precision**, **safety**, and **cargo integrity**, especially for reefer, liquid, and project cargo. ---