Sical Logistics has secured a Rs 39.23 crore contract from Steel Authority of India (SAIL) for mining services at the Dalli Mechanized Mine. The deal involves the excavation and transportation of iron ore, covering the period from October 2026 to November 2028. This domestic order, executed at arm's length, boosts the company's order book visibility with a major public sector client.
Sical Logistics Wins Rs 39 Crore Mining Contract From SAIL
Contract Value: Rs 39.23 Crore | Execution Period: October 2026 – November 2028
Reader Takeaway: The SAIL win provides long-term operational visibility, though project execution and margin stability remain key monitoring areas.
What just happened
Sical Logistics Limited has received a formal award letter from the Steel Authority of India Limited (SAIL). The contract involves the excavation and transportation of iron ore, ICW, and subgrade ore at the Dalli Mechanized Mine (Phase #6).
Why this matters
This order strengthens Sical Logistics’ order book with a significant public sector mandate. The contract, valued at Rs 39.23 crore excluding GST, extends from October 5, 2026, to November 18, 2028. It represents a domestic engagement that reinforces the company's position in the mining services sector.
Transaction Details
The company has clarified that this project is not a related-party transaction. SAIL has no interest in the promoters or promoter group of Sical Logistics, and the contract is being executed on an arm's length basis.
What to track next
Investors should monitor the company's ability to maintain operational efficiency during the project lifecycle and assess how this contributes to the overall revenue growth starting late 2026.