{"id":148583,"date":"2023-06-09T08:54:54","date_gmt":"2023-06-09T12:54:54","guid":{"rendered":"https:\/\/44.250.171.167\/?p=148583"},"modified":"2023-06-09T08:54:55","modified_gmt":"2023-06-09T12:54:55","slug":"patel-integrated-logistics-ltd-q4-fy23-earnings-conference-call-insights","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/patel-integrated-logistics-ltd-q4-fy23-earnings-conference-call-insights\/","title":{"rendered":"Patel Integrated Logistics Ltd Q4 FY23 Earnings Conference Call Insights"},"content":{"rendered":"<p><strong>Key highlights from Patel Integrated Logistics Ltd (PATINTLOG) Q4 FY23 Earnings Concall<\/strong><\/p>\n<p><strong>Q&amp;A Highlights:<\/strong><\/p>\n<ul>\n<li>[00:11:04] Sanjeev Damani from SKD Consulting enquired how many trucks of different sizes does the company own or associate with and does it do road transportation in addition to air cargo. Mahesh Fogla ED said PATINTLOG is predominantly an air cargo company but uses trucks for overnight journeys. It aims to become an asset-light company and does not carry substantial trucks in its books.<\/li>\n<\/ul>\n<ul>\n<li>[00:12:08] Sanjeev Damani from SKD Consulting asked if the company only carry air cargo or does it also book and supply trucks for earnings. Mahesh Fogla ED replied that the company moves goods by road for overnight journeys but focuses more on air cargo and is looking for further opportunities in roadways. It will consider other options if opportunities arise.<\/li>\n<\/ul>\n<ul>\n<li>[00:12:59] Sanjeev Damani from SKD Consulting queried what kind of bookings does the company have in air cargo and the scope of this activity. Mahesh Fogla ED answered that the company carries all goods that can move through the air, including e-commerce goods like electronics, pharma goods, and documents. It selectively moves costly goods and is present in more than 100 locations in India.<\/li>\n<\/ul>\n<ul>\n<li>[00:17:14] Sanjeev Damani from SKD Consulting asked to quantify the number of clients and percentage of business from the largest clients and specify if there are long-term tie-ups with big names. Mahesh Fogla ED said the company\u2019s USP is it does not depend on a single client and has more than a four-digit number of clients. It has a clear mandate to expand its customer list and not depend on any single customer, with no double-digit percentage contribution from any single client.<\/li>\n<\/ul>\n<ul>\n<li>[00:22:57] Ankur Shawariya asked about the company\u2019s major competitors. Mahesh Fogla ED replied that PATINTLOG is a public listed company with a Pan-India network and operates in the niche area of consolidating cargo through passenger aircraft. There is local level competition but not in the company\u2019s area of operation.<\/li>\n<\/ul>\n<ul>\n<li>[00:24:04] Anil Bhagwani enquired about the future prospects of the company. Mahesh Fogla ED answered that the company has continuously reduced its debt and has substantially reduced it in the last quarter, resulting in prime real estate becoming mortgage-free. It is exploring how to exploit this real estate to create value for stakeholders and the prospects look very good as the aviation sector grows.<\/li>\n<\/ul>\n<ul>\n<li>[00:26:39] Anil Bhagwani if the company advertise digitally or otherwise or is B2B enough for it. Mahesh Fogla ED said the company has recently appointed a Public Relations agency to explore ways to create awareness about the company and its strong brand recall. It hopes to address concerns about advertising in the future.<\/li>\n<\/ul>\n<ul>\n<li>[00:27:49] Rishikesh from RoboCapital asked about the growth outlook and explain the roadmap for returning to pre-COVID levels of revenue and EBITDA margins. Mahesh Fogla ED replied that the company does not see any challenge in returning to pre-COVID levels as it is on a strong footing with positive cash flow and financial stability. The aviation sector is growing and the company is open to creating value wherever possible and aims to reach even higher than pre-COVID levels.<\/li>\n<\/ul>\n<ul>\n<li>[00:31:33] Rishikesh of RoboCapital enquired what kind of steady state EBITDA margin does the warehousing and air freight businesses make. Mahesh Fogla ED answered that the air freight business is a high volume, low EBITDA business with an expected EBITDA range of 4-5%. Increasing turnover and corresponding growth margin will result in higher EBITDA margins. The current EBITDA may not correctly represent the company\u2019s ecosystem and employee strength.<\/li>\n<\/ul>\n<ul>\n<li>[00:36:28] Rishikesh of RoboCapital \u00a0asked about the kind of ROCEs the company is looking to achieve. Mahesh Fogla ED answered that the company wants to achieve double digit ROCE.<\/li>\n<\/ul>\n<ul>\n<li>[00:40:04] Ankur Shawariya asked if the company is considering entering the B2C market to reduce trade receivables and cash cycle. Mahesh Fogla ED said that while B2C has the positive of reducing trade receivables and cash cycle, it can also be capital intensive and result in cash burning for last mile delivery. The company will selectively enter B2C while conserving its cash as a priority.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Key highlights from Patel Integrated Logistics Ltd (PATINTLOG) Q4 FY23 Earnings Concall Q&amp;A Highlights: [00:11:04] Sanjeev Damani from SKD Consulting enquired how many trucks of different sizes does the company own or associate with and does it do road transportation in addition to air cargo. Mahesh Fogla ED said PATINTLOG is predominantly an air cargo [&hellip;]<\/p>\n","protected":false},"author":1767,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"Patel Integrated Logistics Ltd Q4 FY23 Earnings Conference Call Insights #PATINTLOG #Q4 #FY23 #Earnings #Stocks","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9825,392,12],"tags":[10169,8159,8143],"class_list":["post-148583","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-call-highlights","category-earnings","category-other-industries","tag-earnings","tag-logistics","tag-transportation"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":174189,"url":"https:\/\/alphastreet.com\/india\/patel-integrated-logistics-ltd-patintlog-q4-2025-earnings-call-transcript\/","url_meta":{"origin":148583,"position":0},"title":"Patel Integrated Logistics Ltd (PATINTLOG) Q4 2025 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Patel Integrated Logistics Ltd (NSE: PATINTLOG) Q4 2025 Earnings Call dated May. 21, 2025 Corporate Participants: Unidentified Speaker Mahesh Fogla \u2014 Executive Director Avinash Paul Raj \u2014 Sr Manager Accounts and Company Secretary Analysts: Unidentified Participant Harshil Shah \u2014 Analyst Sanjeev Damani \u2014 Analyst Ayush \u2014 Analyst Sampath Nayak \u2014\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":174188,"url":"https:\/\/alphastreet.com\/india\/patel-integrated-logistics-ltd-patintlog-q1-2026-earnings-call-transcript\/","url_meta":{"origin":148583,"position":1},"title":"Patel Integrated Logistics Ltd (PATINTLOG) Q1 2026 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Patel Integrated Logistics Ltd (NSE: PATINTLOG) Q1 2026 Earnings Call dated Aug. 06, 2025 Corporate Participants: Unidentified Speaker Mahesh Fogla \u2014 Executive Director Analysts: Unidentified Participant Vikram Suryavanshi \u2014 Analyst Presentation: operator Ladies and gentlemen, good day and welcome to the Patel Integrated Logistics Q1FY26 conference call hosted by Philip\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":140742,"url":"https:\/\/alphastreet.com\/india\/patel-integrated-logistics-ltd-nse-patintlog-q3-fy23-results-out-total-income-rises-0-5-yoy\/","url_meta":{"origin":148583,"position":2},"title":"Patel Integrated Logistics Ltd. (NSE: PATINTLOG): Q3 FY23 Results Out; Total Income Rises 0.5% YoY","author":"Divyansh_Kasana","date":"February 9, 2023","format":false,"excerpt":"Patel Integrated Logistics Ltd (NSE: PATINTLOG) is a leading surface logistics and road transportation company based in India. The company has a network of 500 stations nationwide and a workforce of over 1,000 employees, with a reputation for reliable service and strict adherence to delivery schedules. Patel has a solution-oriented\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/54bb9374-469e-4518-91fe-c5de1e5954b8.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/54bb9374-469e-4518-91fe-c5de1e5954b8.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/54bb9374-469e-4518-91fe-c5de1e5954b8.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/54bb9374-469e-4518-91fe-c5de1e5954b8.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/54bb9374-469e-4518-91fe-c5de1e5954b8.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/54bb9374-469e-4518-91fe-c5de1e5954b8.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":180970,"url":"https:\/\/alphastreet.com\/india\/patel-integrated-logistics-ltd-patintlog-q3-2026-earnings-call-transcript\/","url_meta":{"origin":148583,"position":3},"title":"Patel Integrated Logistics Ltd (PATINTLOG) Q3 2026 Earnings Call Transcript","author":"News desk","date":"February 16, 2026","format":false,"excerpt":"Patel Integrated Logistics Ltd (NSE: PATINTLOG) Q3 2026 Earnings Call dated Feb. 13, 2026 Corporate Participants: Mahesh Fogla \u2014 Chief Financial Officer Analysts: Vikram Sooryavanshi \u2014 Analyst Jainisha \u2014 Analyst Shlok \u2014 Analyst Jimmy Mehta \u2014 Analyst Shivani Mehta \u2014 Analyst Presentation: operator Ladies and gentlemen, good day and welcome\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":174191,"url":"https:\/\/alphastreet.com\/india\/patel-integrated-logistics-ltd-patintlog-q2-2025-earnings-call-transcript\/","url_meta":{"origin":148583,"position":4},"title":"Patel Integrated Logistics Ltd (PATINTLOG) Q2 2025 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Patel Integrated Logistics Ltd (NSE: PATINTLOG) Q2 2025 Earnings Call dated Oct. 30, 2024 Corporate Participants: Mahesh Fogla \u2014 Chief Financial Officer Analysts: Vikram Vilas Suryavanshi \u2014 Analyst Ankur \u2014 Individual Investor Presentation: Operator Ladies and gentlemen, good day, and welcome to the Patel Integrated Logistics 2Q FY '25 Earning\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":143209,"url":"https:\/\/alphastreet.com\/india\/a-brief-interview-on-logistics-sector-with-mahesh-fogla-patel-integrated-logistics\/","url_meta":{"origin":148583,"position":5},"title":"A brief interview on logistics sector with Mahesh Fogla, Patel Integrated logistics","author":"Chirag Gupta","date":"March 8, 2023","format":false,"excerpt":"In this interview session with Mr Mahesh Fogla, executive director of Patel Integrated logistics, we try to unveil the workings of logistics industry and various policies like National Logistics Policy. Alongside, we also try to understand about the company in detail. Chirag: Greetings of the day everyone, and welcome to\u2026","rel":"","context":"In &quot;Interviews&quot;","block_context":{"text":"Interviews","link":"https:\/\/alphastreet.com\/india\/category\/interviews\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/148583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1767"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=148583"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/148583\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=148583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=148583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=148583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}