Sical Logistics Limited has informed the exchange about the receipt of Letter of Acceptance
ORDERS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 01 Sep 2026, 08:35 PM IST · BSE ID: 902141ba-22c8-4b56-9f09-2ea18c12f22f
View Original BSE Filing (PDF)
💡
In Simple Terms
Sical Logistics won a large five-year contract worth over Rs. 534 Crore for mining operations in Jharkhand.
🤖 AI Summary
- Sical Logistics secured a Rs. 534.73 Crore contract from Central Coalfields.
- The contract is for hiring HEMM for OB removal and coal extraction.
- It is a five-year engagement at Dhori Area, Bokaro District, Jharkhand.
- The total contract value includes 18% GST.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Contract Value
Rs. 534,73,08,872.24
Contract Duration
five years
🏢 How This Affects the Company
This order win significantly expands Sical Logistics' order book and enhances its presence in the mining services sector. The long-term nature of the contract provides revenue visibility.
The Rs. 534.73 Crore contract value will contribute to the company's future revenue streams over the five-year period, impacting its top line and potentially its profitability.
Execution of this contract will require deployment of substantial HEMM equipment and skilled manpower, necessitating robust operational planning and resource management.
The company faces operational execution risks associated with large-scale mining contracts and dependency on a single client for this specific project.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this disclosure.
👤
Who Is Affected
All shareholders are affected by this material development that impacts the company's future revenue and operational scope.
🔍
Management Signal
This contract win signals management's successful pursuit of large-scale projects and its capability to secure significant long-term engagements.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Operational commencement details for the contract.
Progress reports on contract execution from Central Coalfields.
Future updates on company's pipeline for similar large orders.
MEDIUM RISK
Large value contract carries execution risks and dependency on a single major client.
💡 Investor Takeaway
Sical Logistics secured a Rs. 534,73,08,872.24 contract from Central Coalfields for five years, for HEMM hiring and coal extraction, including 18% GST.
⚖️ Strengths & Concerns
✅ Positives
- Receipt of a substantial Rs. 534.73 Crore contract for a five-year tenure.
- Contract secured from a major public sector undertaking, Central Coalfields Limited.
❓ Frequently Asked Questions
What is the total value of the contract Sical Logistics received from Central Coalfields?
Sical Logistics received a contract valued at Rs. 534,73,08,872.24 from Central Coalfields.
What is the duration of the contract awarded to Sical Logistics?
The contract awarded to Sical Logistics is for a period of five years.
What is the nature of the work covered under the Sical Logistics contract?
The contract is for hiring of HEMM for OB removal and extraction of coal at Dhori Area.
What is the GST rate applicable to this contract?
The GST rate applicable to this contract is 18%.
Questions based on this BSE filing only. For information purposes.