Oneclick Logistics H1 revenue reaches Rs 95.71 crore

Oneclick Logistics India Limited reported consolidated revenue from operations of Rs 95.71 crore for the half year ended September 30, 2026, while freight, handling and service cost fell Rs 14.86 crore sequentially to Rs 80.03 crore from Rs 94.88 crore in the half year ended March 31, 2026.

How did Oneclick Logistics' H1 revenue change?

Oneclick Logistics recorded Rs 95.71 crore in revenue from operations for the half year ended September 30, 2026, compared with Rs 92.43 crore in the half year ended March 31, 2026. The Rs 3.28 crore sequential increase was accompanied by other income of Rs 18.04 lakh, down from Rs 33.55 lakh in the preceding half-year.

Total revenue, which includes other income, rose to Rs 95.89 crore from Rs 92.77 crore over those two periods. The statement also shows revenue from operations of Rs 22.79 crore and total revenue of Rs 22.81 crore for the comparative half-year column ending September 30, 2025, although the company notes that the March 2026 consolidated figure is a balancing figure derived from audited full-year accounts and published unaudited standalone results for September 2025.

The September 2026 results are unaudited and were subject to limited review, rather than a full audit. The board approved the results on November 13, 2026, and the auditor said its review was performed under Standard on Review Engagements 2410, a procedure that provides moderate assurance and is narrower than an audit.

Why did Oneclick Logistics' largest expense fall sequentially?

Oneclick Logistics' freight, handling and service cost declined to Rs 80.03 crore in the September 2026 half-year from Rs 94.88 crore in the March 2026 half-year. The Rs 14.86 crore reduction was the largest disclosed movement among expense lines and occurred while revenue from operations increased Rs 3.28 crore.

Total expenses fell Rs 2.67 crore to Rs 87.63 crore, but movements in other cost categories offset part of the freight-cost reduction. Employee benefit expense rose to Rs 3.34 crore from Rs 1.01 crore, other expenses increased to Rs 2.54 crore from Rs 92.85 lakh, and finance cost declined to Rs 87.23 lakh from Rs 2.06 crore.

Inventory accounting also moved materially between the two half-years. The September 2026 statement reported Rs 54.61 lakh for changes in inventories of work in progress and finished goods, compared with a negative Rs 9.09 crore amount in the March 2026 half-year. That reversal added to reported expenses in the latest period relative to the preceding period.

Depreciation and amortisation expense decreased to Rs 30.08 lakh in the September 2026 half-year from Rs 50.54 lakh in the March 2026 half-year. The filing does not provide a route, customer, subsidiary or contract-level explanation for the change in freight and service cost, so it does not establish which business activity drove the sequential reduction.

What does the filing show about Oneclick Logistics' operating result?

Oneclick Logistics reported a Rs 8.27 crore difference between total revenue of Rs 95.89 crore and total expenses of Rs 87.63 crore for the half year ended September 30, 2026. For the half year ended March 31, 2026, the equivalent difference was Rs 2.47 crore, based on total revenue of Rs 92.77 crore and total expenses of Rs 90.30 crore.

The filing reports profit before exceptional and extraordinary items and tax of Rs 2.47 crore for the March 2026 half-year, with no exceptional item shown for that period. However, the profit, tax and profit-after-tax rows for September 2026 are not legible in the supplied consolidated results table, so the filing excerpt does not support a reported latest-half-year profit after tax figure.

Oneclick Logistics identifies its primary business segment as clearing and forwarding services. The September 2026 consolidated revenue, however, includes entities acquired or expanded through 2024-25 and 2025-26, meaning the reported Rs 95.71 crore is a group figure rather than a standalone, like-for-like clearing and forwarding measure.

The company also allotted 1,33,000 preferential equity shares on July 10, 2026 at Rs 451 per share, including a Rs 441 premium per share. That transaction is disclosed in the notes, but the supplied cash-flow statement does not provide legible figures to quantify the effect on cash balances or financing cash flow.

Which businesses were included in Oneclick Logistics' consolidation?

Oneclick Logistics' auditor listed Nikos Freight Line Private Limited, Oneclick Foods Private Limited, Indispice Dehydration Private Limited and Winners Freight Management Private Limited as subsidiaries considered in the September 2026 consolidated results. The auditor also listed Shree Siddhi Vinayak Movers Private Limited as an associate in the component information.

Indispice Dehydration reported Rs 30.49 crore of revenue and Rs 98.21 lakh of profit in the component table. Oneclick Foods reported Rs 25.28 crore of revenue and a Rs 2.17 lakh loss, while Winners Freight Management reported Rs 1.51 crore of revenue and a Rs 15.37 lakh loss.

Nikos Freight Line reported revenue of Rs 2.23 lakh and a loss of Rs 10,255 in the same component table. The associate, Shree Siddhi Vinayak Movers, reported revenue of Rs 47.06 lakh and profit of Rs 2.37 lakh, based on the financial information considered by the auditor for the period ended September 30, 2026.

The notes say Oneclick Logistics acquired 51% of Nikos Freight Line in financial year 2024-25 and acquired 55% of Indispice Dehydration in financial year 2025-26 before increasing that holding to 60%. They also describe Oneclick Foods as wholly owned and state that the company acquired 60% of Winners; the notes use the name Shree Siddhi Vinayak Express Movers for a 46% acquisition, while the auditor's component table uses Shree Siddhi Vinayak Movers.

How reliable are Oneclick Logistics' consolidated interim figures?

Oneclick Logistics' statutory auditor issued a limited-review conclusion dated November 13, 2026, stating that nothing had come to its attention to indicate that the consolidated statement was materially misstated under the applicable accounting requirements. The conclusion applies to unaudited consolidated financial results for the half year ended September 30, 2026.

The auditor separately stated that it had not audited the interim financial results of the subsidiary and associate companies considered in consolidation. Its conclusion was not modified for that matter, but the filing identifies this as a limitation of the audit firm's direct work on component-level interim financial information.

The company reported no investor complaints pending as of September 30, 2026. Its results were prepared under Accounting Standard 25, Interim Financial Reporting, and submitted under Regulation 33 of the Securities and Exchange Board of India listing regulations, according to the review report.

Conclusion

Oneclick Logistics' September 2026 filing shows higher sequential consolidated revenue of Rs 95.71 crore alongside a Rs 14.86 crore decline in its largest expense line, freight, handling and service cost. Total expenses declined to Rs 87.63 crore despite increases in employee benefits, other expenses and inventory-related charges, while the consolidated group includes recently acquired freight, food and dehydration businesses.

The next disclosure to watch is the component-level financial reporting for subsidiaries and the associate, because the auditor did not itself audit their interim results used in consolidation. The filing provides no revenue target or operating guidance, while the July 10, 2026 preferential share allotment and the expanded holdings in Indispice Dehydration and Winners remain relevant to future group financial statements.