Key Financial Performance (₹ in Lakh except EPS)

Quarterly Performance (Q4 FY26 vs Q4 FY25)

  • Revenue: ₹16,254.7 vs ₹11,450.5 (42.0% YoY growth)
  • EBITDA: ₹168.1 vs ₹719.5 (76.6% decline)
  • EBITDA Margin: 1.0% vs 6.3% (525 bps decline)
  • EBIT: ₹432.4 vs ₹932.4 (53.6% decline)
  • EBIT Margin: 2.7% vs 8.1% (548 bps decline)
  • PAT: ₹222.0 vs ₹643.6 (65.5% decline)
  • PAT Margin: 1.4% vs 5.6% (426 bps decline)
  • EPS: ₹0.22 vs ₹0.55 (60.0% decline)

Quarterly Sequential Performance (Q4 FY26 vs Q3 FY26)

  • Revenue: ₹16,254.7 vs ₹13,902.5 (16.9% QoQ growth)
  • EBITDA: ₹168.1 vs ₹757.3 (77.8% decline)
  • EBITDA Margin: 1.0% vs 5.4% (441 bps decline)
  • EBIT: ₹432.4 vs ₹928.8 (53.4% decline)
  • EBIT Margin: 2.7% vs 6.7% (402 bps decline)
  • PAT: ₹222.0 vs ₹593.8 (62.6% decline)
  • PAT Margin: 1.4% vs 4.3% (291 bps decline)
  • EPS: ₹0.22 vs ₹0.58 (62.1% decline)

Annual Performance (FY26 vs FY25)

  • Revenue: ₹57,282.1 vs ₹53,630.5 (6.8% YoY growth)
  • EBITDA: ₹2,633.1 vs ₹3,091.5 (14.8% decline)
  • EBITDA Margin: 4.6% vs 5.8% (117 bps decline)
  • EBIT: ₹3,372.2 vs ₹3,893.3 (13.4% decline)
  • EBIT Margin: 5.9% vs 7.3% (137 bps decline)
  • PAT: ₹2,151.5 vs ₹2,700.8 (20.3% decline)
  • PAT Margin: 3.8% vs 5.0% (128 bps decline)
  • EPS: ₹2.05 vs ₹2.56 (19.9% decline)

Operational Performance

  • TEU Volumes FY26: 92,614 TEUs vs 68,858 TEUs in FY25 (34.5% YoY growth)
  • TEU Volumes Q4 FY26: 40.8% YoY growth (specific volume not provided)
  • Growth achieved despite persistent geopolitical uncertainties and sluggish global trade environment

Business Highlights

  • Strong volume growth driven by favorable market conditions
  • Margin pressure due to rising operating and transportation costs, competitive pricing pressure, and volatility in global ocean and air freight rates
  • Key growth drivers: automotive, renewable energy solar and BESS, EVs, electronics, tyres, and pharmaceutical sectors
  • Expansion into emerging markets: Sri Lanka, Colombia, Mexico, Philippines, and Maldives
  • Company has 26+ years of experience across multiple industries

Management Commentary

Mr. Harpreet Singh Malhotra, Chairman & MD, stated that the performance reflects strength of sectoral diversification strategy and agility of business model. He expressed confidence in maintaining 15-20% YoY growth in TEU volumes going forward, supported by deeper market penetration and sectoral diversification.

Forward Outlook

  • Expects to maintain healthy 15-20% YoY growth in TEU volumes
  • Focus on expanding global partnerships, deepening customer relationships, increasing market share across key trade verticals
  • Delivering sustainable long-term growth