Financial Performance
Allcargo Logistics Limited reported consolidated revenue of ₹2,058 crore for FY 2025-26, with 16% EBITDA growth to ₹233 crore driven by strong performance in Express Distribution (₹1,442 crore revenue) and Consultative Logistics (₹615 crore, 17% growth). The company handled 12.3 lakh metric tons in Express business and managed 8 million sq. ft. of warehousing space. Net profit stood at ₹8 crore with basic EPS of ₹0.04 from continuing operations. Key financial ratios improved significantly with debt-equity ratio declining to 0.18 from 0.42 and current ratio improving to 1.06.
Corporate Restructuring
The company implemented a composite Scheme of Arrangement approved by NCLT on October 10, 2025, effective November 1, 2025. The scheme involved: (1) Demerger of International Supply Chain business to Allcargo Global Limited; (2) Amalgamation of Allcargo Supply Chain Private Limited and Gati Express & Supply Chain Private Limited with Allcargo Gati Limited; and (3) Subsequent amalgamation of Allcargo Gati Limited with Allcargo Logistics Limited. This restructuring resulted in issuance of 51.50 crore equity shares, increasing paid-up capital to ₹299.56 crore from ₹98.28 crore.
Sustainability & ESG Commitments
The company published comprehensive BRSR disclosures showing Scope 1 emissions of 388.8 tCO2e and Scope 2 emissions of 4,703.8 tCO2e, with emission intensity reducing from 4.08 to 2.28 tCO2e/INR Crore. Environmental initiatives included deployment of 500+ alternate fuel vehicles (CNG and EVs), solar installations at 7 locations, and target of carbon neutrality by 2040. The company maintained ISO 14001 certification at 14 sites and planted 1.5 lakh trees during the year. CSR expenditure was ₹1.05 crore against obligation of ₹1.05 crore.
Operational Highlights
Express Distribution Business achieved 100% GDP coverage with 700+ facilities, 90+ hubs, and 8 air transshipment centers, deploying 9,000+ vehicles across 40 airports. Consultative Logistics Business managed 12+ million sq. ft. warehousing & distribution space with market leadership in chemical warehousing. Digital transformation included technology platforms like Prompt AI, Gate Scan App, and Oracle Fusion Cloud, handling 55,000+ mobile transactions daily with 99.9% platform uptime.
Governance & Compliance
The company underwent significant management changes including Mr. Ketan Kulkarni appointed as MD & CEO (November 1, 2025) and Mr. Shashi Kiran Shetty resigning as Chairman (August 5, 2026). Secretarial and Statutory Audit Reports showed no qualifications, with compliance maintained with SEBI Listing Regulations and Companies Act, 2013. The company faced contingent liabilities of ₹74 crore, including income tax demands of ₹12 crore and indirect tax demands of ₹53 crore.
Asset Strategy & Financial Position
The company adopted an asset-light strategy, classifying non-core immovable properties for sale. During the year, properties worth ₹10 crore were sold, resulting in a gain of ₹19 crore. Total assets stood at ₹1,741 crore with borrowings of ₹102 crore and net debt position of ₹29 crore. Trade receivables were ₹429 crore (net of ₹90 crore provision), while cash and equivalents were ₹73 crore. The company did not recommend any dividend for FY26.