Allcargo Logistics reported robust growth for the fiscal year ended March 31, 2026. Despite largely flat quarterly revenue, the company achieved a 16% year-on-year growth in EBITDA to INR 233 crores, driven by significant operational efficiencies. The Express division saw margin improvements, while Consultative Logistics delivered a strong 17% annual revenue growth. Management remains optimistic about Q1 FY27, focusing on profitable volume growth and the upcoming listing of Allcargo Global.
Financial Highlights
For the full financial year 2026, Allcargo Logistics recorded total revenue of INR 2,058 crores, marking a 5% increase over the previous year. Profitability saw a sharper trajectory, with annual EBITDA reaching INR 233 crores, reflecting 16% year-on-year growth. Q4 revenue stood at INR 514 crores, with the quarterly EBITDA reported at INR 60 crores, showcasing a 41% growth compared to the same quarter last year.
Segment Performance
The Express division navigated a period of calibration, focusing on quality customer acquisition and profitable volume rather than pure tonnage growth. The company successfully introduced yield-improving measures, including metro congestion charges and extended reach charges, which have positively impacted the revenue per kilo (RPKG). Meanwhile, the Consultative Logistics business remained a standout performer, managing 8 million square feet of warehouse space and delivering a 17% annual revenue growth.
Growth Strategy and Operational Outlook
Management highlighted that integration efforts are now largely complete, setting the stage for EBITDA and PBT to outpace revenue growth in the coming quarters. Key drivers include a strategic focus on the auto, engineering, and pharma sectors. Furthermore, the company continues to leverage an asset-light approach for its warehousing and transportation operations to conserve cash and optimize capital expenditure.
Update on Allcargo Global Listing
The company confirmed that it has received necessary approvals for the listing of Allcargo Global. The revised information memorandum, including audited annual financials, is expected to be filed within the next two weeks, with the listing projected to occur approximately one month from mid-May 2026.
Source: BSE
