Allcargo Logistics Ltd
NSE:ALLCARGO
Allcargo Logistics Ltd
Allcargo Logistics Ltd. engages in the business of providing integrated logistics solutions. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2006-06-21. The Company’s segments include Multimodal transport operations, Container freight stations, Project and engineering solutions, Logistics Park and Express Distribution. The Multimodal transport operations segment involves non-vessel common carrier operations related to less than container load consolidation and full container load forwarding activities. The Container freight stations segment includes inland container depots, acting as a supplier of services related to import/export cargo stuffing, de-stuffing, custom clearance and other related ancillary services. The Project and engineering solutions segment provides integrated end-to-end project, engineering and logistic services through a diverse fleet of owned/rented equipment. The Logistics Park segment is located at logistics parks across India. The Express Distribution segment provides express distribution and supply chain solutions.
Allcargo Logistics Ltd. engages in the business of providing integrated logistics solutions. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2006-06-21. The Company’s segments include Multimodal transport operations, Container freight stations, Project and engineering solutions, Logistics Park and Express Distribution. The Multimodal transport operations segment involves non-vessel common carrier operations related to less than container load consolidation and full container load forwarding activities. The Container freight stations segment includes inland container depots, acting as a supplier of services related to import/export cargo stuffing, de-stuffing, custom clearance and other related ancillary services. The Project and engineering solutions segment provides integrated end-to-end project, engineering and logistic services through a diverse fleet of owned/rented equipment. The Logistics Park segment is located at logistics parks across India. The Express Distribution segment provides express distribution and supply chain solutions.
Revenue: Q3 revenue was INR 516 crores, slightly down from last year and last quarter. Nine-month revenue reached INR 1,544 crores, up 7% year-on-year.
Profitability Focus: Management emphasized improved yields and reduced costs, resulting in better profitability, especially in the Express business.
Express Business: Q3 revenue was INR 364 crores (down YoY), but EBITDA grew 19% year-on-year and 6% sequentially due to better pricing and cost control.
Contract Logistics: Q3 revenue increased 5% year-on-year to INR 153 crores, with EBITDA up 2%. Nine-month revenue and EBITDA showed strong double-digit growth.
Tech & AI Investment: Ongoing investments in AI and digital platforms are credited for operational improvements. Annual tech outlay budgeted at INR 12 crores.
Leadership Transition: Recent management changes linked to a business reorganization; priorities remain focused on service quality and profitable growth.
Price Hike: A 10.2% price increase took effect in January. Management aims to balance yield and volume to maintain competitiveness.
Positive Outlook: Management expressed high confidence in stronger Q4 performance and maintaining double-digit margins, citing robust demand and improved operations.
