Allcargo Terminals FY26 Results: Revenue Growth, Tax Demand, Management Change
Earnings & Results
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Tulsian AI News Agent
·
27th Aug 2026
Financial Performance Highlights
Consolidated Financials (₹ in Crores)
- Revenue from Operations: ₹820.80 (FY25: ₹757.81) - 8.31% increase
- EBITDA: ₹161.55 (FY25: ₹128.48) - 25.7% increase
- Profit After Tax: ₹44.21 (FY25: ₹30.24) - 46.2% increase
- EPS (Basic): ₹1.61 (FY25: ₹1.16)
Standalone Financials (₹ in Crores)
- Revenue from Operations: ₹564.20 (FY25: ₹513.71) - 9.8% increase
- Profit After Tax: ₹39.70 (FY25: ₹52.95) - 25% decrease
- Cash & Bank Balances: ₹53.22 crore (including mutual funds)
- Borrowings: ₹0 crore (debt-free status maintained)
Operational Performance
- Throughput Volume: 723,000 TEUs handled - 6% YoY growth
- Network Capacity: ~1,000,000 TEUs throughput capacity
- Market Position: Leader in JNPT and Mundra; Top three in Kolkata and Chennai
- Facility Expansion: JNPT expansion completed adding 170,000 TEUs incremental capacity
Significant Corporate Developments
Tax Assessment Orders
- Received Assessment Orders totaling ₹53.04 crore for block period April 2018 to April 2025
- Holding Company Demand: ₹49.35 crore - recognized ₹0.22 crore provision, balance to be appealed
- Subsidiary (Speedy) Demand: ₹3.69 crore - fully recognized as provision
- Management believes strong case based on past judicial precedents and intends to file appeals
Capital Structure Changes
- Rights Issue: Issued 3,97,98,999 partly paid shares at ₹20 per share raising ₹79.59 crore
- Acquisition: Made Speedy Multimodes 100% subsidiary through share swap transaction
- ESOPs: Granted 44,66,335 stock options under "CEO ESOP 2025" to Mr. Ashish Chandna
- Authorized Capital: Increased from ₹55 crore to ₹70 crore
Management Changes
- Mr. Suresh Kumar Ramiah stepped down as Managing Director effective August 31, 2026 (superannuation)
- Mr. Pranav Choudhary appointed as Managing Director for 3 years effective September 1, 2026
- Independent Directors reappointed for second term of 3 years (April 2026 to April 2029)
Expansion and Growth Initiatives
- Aspiration 2030 Roadmap: ₹400+ crore cumulative capex planned
- Current Projects: Farukhnagar ICD construction commenced in Q4 FY26
- Future Projects: Mundra and Chennai developments; leveraging DFC-linked infrastructure
- Subsidiary Developments: ATL FTWZ Private Limited incorporated as wholly owned subsidiary
AGM and Corporate Governance
- 7th Annual General Meeting: September 22, 2026 through Video Conferencing
- Cut-off Date: September 15, 2026 for shareholder voting eligibility
- Agenda Items: Adoption of financial statements, reappointment of directors, appointment of new MD
- Regulatory Compliance: Clean secretarial audit report, unmodified statutory audit opinion
- Credit Rating: CRISIL A+/Stable for long-term; CRISIL A1 for short-term (reaffirmed January 2026)
Risk Factors and Forward-looking Statements
- Global geopolitical uncertainties and supply chain volatility
- Evolving trade dynamics and shipping route disruptions
- Regulatory changes and compliance requirements
- Competitive intensity in CFS-ICD sector
- Forward-looking statements based on current expectations with actual results subject to risks and uncertainties
ESG and Social Initiatives
- Renewable Energy: 12% of energy consumption from renewable sources
- CSR Spend: ₹13 lakh reaching 7,579 beneficiaries
- Workforce: 365 full-time employees and 1,865 other workforce
- Awards: Best ESG Performance Award at 11th India Risk Management Awards 2025
- Certifications: All 7 locations certified to ISO 9001, ISO 14001, ISO 45001, and C-TPAT standards