Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
632.04
536.54
499.27
699.71
718.10
382.90
412.20
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
632.04
536.54
499.27
699.71
718.10
382.90
412.20
Raw Material Cost
563.03
463.46
430.13
570.77
620.27
344.75
362.22
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
24.01
17.07
17.03
14.77
10.33
7.83
9.28
Selling and Distribution Expenses
31.07
24.63
22.78
20.10
18.97
15.92
17.38
Other Expenses
-2.40
-1.71
-1.70
-1.48
-1.03
-0.78
-0.93
Total Expenditure (Excl Depreciation)
594.10
488.09
452.91
590.87
639.23
360.67
379.60
Operating Profit (PBDIT) excl Other Income
37.9
48.4
46.4
108.80000000000001
78.89999999999999
22.200000000000003
32.599999999999994
Other Income
7.58
4.45
2.60
0.49
1.13
0.25
-4.27
Operating Profit (PBDIT)
88.00
83.27
79.02
138.81
102.98
39.54
46.85
Interest
24.01
17.07
17.03
14.77
10.33
7.83
9.28
Exceptional Items
-1.35
-0.95
-2.93
-2.33
3.89
-1.96
-2.00
Gross Profit (PBDT)
69.02
73.08
69.14
128.94
97.84
38.14
49.97
Depreciation
42.48
30.38
30.07
29.49
22.97
17.06
18.53
Profit Before Tax
20.17
34.87
29.00
92.23
73.56
12.69
17.05
Tax
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
19.37
28.90
26.32
79.49
67.23
11.35
11.66
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
19.37
28.90
26.32
79.49
67.23
11.35
11.66
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
0.80
5.97
2.68
12.73
6.33
1.34
5.39
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
20.17
34.87
29.00
92.23
73.56
12.69
17.05
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Reserves
429.33
427.82
323.89
314.23
247.20
182.77
170.25
Earnings per share (EPS)
0.3
0.63
0.58
1.76
1.5
0.26
0.27
Diluted Earnings per share
0.3
0.63
0.58
1.76
1.5
0.26
0.27
Operating Profit Margin (Excl OI)
6.0%
9.03%
9.28%
15.55%
10.98%
5.81%
7.91%
Gross Profit Margin
9.91%
12.16%
11.83%
17.4%
13.44%
7.77%
8.63%
PAT Margin
3.06%
5.39%
5.27%
11.36%
9.36%
2.96%
2.83%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Dec 2025 is 17.80% vs 7.45% in Dec 2024
Consolidate Net Profit
YoY Growth in year ended Dec 2025 is -42.12% vs 20.34% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2025 is 2.03% vs 3.14% in Dec 2024
Interest
YoY Growth in year ended Dec 2025 is 40.35% vs 0.59% in Dec 2024
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2025 has fallen from Dec 2024
Compare Annual Results Of Pangaea Logistics Solutions Ltd. With
Figures in Million
Consolidate Annual Results
Change(USD)
Change(%)
Net Sales
632.04
646.80
-14.76
-2.28%
Other Operating Income
0.00
0.00
0.00
Total Operating income
632.04
646.80
-14.76
-2.28%
Raw Material Cost
563.03
485.85
77.18
15.89%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
0.00
0.00
0.00
Power Cost
0
0
0.00
Manufacturing Expenses
24.01
3.13
20.88
667.09%
Selling and Distribution Expenses
31.07
110.72
-79.65
-71.94%
Other Expenses
-2.40
-0.31
-2.09
-674.19%
Total Expenditure (Excl Depreciation)
594.10
596.56
-2.46
-0.41%
Operating Profit (PBDIT) excl Other Income
37.94
50.24
-12.30
-24.48%
Other Income
7.58
3.70
3.88
104.86%
Operating Profit (PBDIT)
88.00
72.07
15.93
22.10%
Interest
24.01
3.13
20.88
667.09%
Exceptional Items
-1.35
-2.18
0.83
38.07%
Gross Profit (PBDT)
69.02
160.96
-91.94
-57.12%
Depreciation
42.48
18.13
24.35
134.31%
Profit Before Tax
20.17
48.63
-28.46
-58.52%
Tax
0.00
9.56
-9.56
-100.00%
Provisions and contingencies
0
0
0.00
Profit After Tax
19.37
39.06
-19.69
-50.41%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
19.37
39.06
-19.69
-50.41%
Share in Profit of Associates
0
0
0.00
Minority Interest
0.80
0.00
0.80
Other related items
0.00
0.00
0.00
Consolidated Net Profit
20.17
39.06
-18.89
-48.36%
Equity Capital
0
0
0.00
Face Value
0.00
0.00
0.00
Reserves
429.33
195.66
233.67
119.43%
Earnings per share (EPS)
0.30
3.23
-2.93
-90.71%
Diluted Earnings per share
0.30
3.23
-2.93
-90.71%
Operating Profit Margin (Excl OI)
6.00%
7.77%
0.00
-1.77%
Gross Profit Margin
9.91%
10.32%
0.00
-0.41%
PAT Margin
3.06%
6.04%
0.00
-2.98%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 63.20 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 17.80% vs 7.45% in Dec 2024
Annual - Consolidate Net Profit
Consolidate Net Profit 2.02 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -42.12% vs 20.34% in Dec 2024
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 8.04 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 2.03% vs 3.14% in Dec 2024
Annual - Interest
Interest 2.40 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 40.35% vs 0.59% in Dec 2024
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 6.00%
in Dec 2025Figures in %
YoY Growth in year ended Dec 2025 has fallen from Dec 2024






