Logica Infoway Limited
Introduction
Logica Infoway limited is a company, who is involved in retailing, distributing, and trading of branded IT hardware, software, smartphones and accessories. The company provides complete networking, security solutions and after-sales services. All of these services are working under a diversifying portfolio of over 40 reputed brands.
Company overview
Logica infoway ltd. was founded in kolkata, in 1995. The company was incorporated as oswal infotech private limited. The company has a reputed financial location in terms of work. Logica infoway ltd. is a prominent indian distributor and retailer of IT services. It has over 25 years of experience which operates with multi brands like HP, Dell, Apple, and Samsung. By providing networking solutions and securities, too.
Promoter and Founder Introduction
The company was founded by Mr. Gaurav Goel in 1995. He is the current managing director and chairman. Shweta Goel is the whole-time director of the company.
SHWETA GOEL
GAURAV GOEL
FINANCIAL STATEMENT ANALYSIS
Sales and Margin
Income statement
Metric | Mar 2023 | Mar 2024 | Mar 2025 |
Sales | 705 | 1,064 | 1,112 |
Expenses | 694 | 1,046 | 1,088 |
Operating Profit | 11 | 18 | 24 |
OPM % | 2% | 2% | 2% |
Other Income | 1 | 3 | 3 |
Interest | 7 | 10 | 13 |
Depreciation | 0 | 0 | 0 |
Profit before tax | 5 | 11 | 14 |
Tax % | 29% | 26% | 26% |
Net Profit | 4 | 8 | 11 |
EPS in Rs | 2.05 | 4.74 | 5.91 |
Dividend Payout % | 0% | 0% | 0% |
Balance sheet
Metric | Mar 2023 | Mar 2024 | Mar 2025 |
Equity Capital | 3 | 17 | 18 |
Reserves | 50 | 44 | 70 |
Borrowings | 64 | 108 | 118 |
Other Liabilities | 37 | 49 | 59 |
Total Liabilities | 154 | 218 | 265 |
Fixed Assets | 0 | 1 | 2 |
CWIP | 0 | 0 | 0 |
Investments | 2 | 13 | 13 |
Other Assets | 152 | 205 | 250 |
Total Assets | 154 | 218 | 265 |
Cash flow statement
Metric | Mar 2023 | Mar 2024 | Mar 2025 |
Cash from Operating Activity | -7 | 23 | 8 |
Cash from Investing Activity | -1 | -12 | -12 |
Cash from Financing Activity | 7 | -11 | 3 |
Net Cash Flow | -0 | 0 | -0 |
Key interpretation and insights
Strengths
Long track record of operations since 1995 with experienced promoters (Gaurav Goel) and established relationships with major brands like HP, Dell, Apple, and Samsung.
Weakness
While expanding, a large portion of sales is still derived from West Bengal/Kolkata, exposing it to local market risks.
Risk factor
The company has a moderate capital structure, with rising debt-funded expansion leading to increased interest costs and weak debt protection metrics.
Future outlook
The company is intentionally scaling back its Middle East export business to focus on domestic retail and e-commerce channels to improve margins.
Conclusion
The company is shifting from international exports to focus on domestic retail expansion in North and East India. While showing high revenue growth, the company operates in a working capital-intensive sector and has a high debt-to-equity ratio.
Sources
Logica infoway limited
India advantage
Business standard
Finology
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