Allcargo Terminals sets a goal to handle 1 million TEUs (twenty-foot equivalent units) by fiscal year 2028, committing an investment of approximately INR 400 crores over the next three years. This move demonstrates their ambition for substantial growth and expansion in container handling capacity.
Allcargo Terminals Limited
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Allcargo Terminals has endorsed its financial results for the fiscal year 2026, with no changes to the auditor's assessment. The company has also appointed a new non-executive director and restructured its board, while acquiring a 25% stake in Allcargo Group Services Private Limited.
Allcargo Terminals shows a significant increase in Q4 EBITDA, reaching ₹428 million compared to ₹335 million in the same quarter last year. The improvement in earnings margin is also notable, rising to 20.6% from 18.03%. This suggests a strengthening financial performance for the company.
Allcargo Terminals anticipates a revenue of INR 821 crore by FY26, marking an 8% year-over-year growth. The company's EBITDA and PAT are expected to increase significantly, with a 26% YoY rise in EBITDA to INR 162 crore and a 46% YoY jump in PAT to INR 44 crore, as per ScoutQuest.
Allcargo Terminals has taken over full ownership of Speedy Multimodes by purchasing a 15% stake through a share swap agreement, aiming to strengthen its logistics operations.
Allcargo Terminals reported a 7% year-on-year increase in April's container volumes, reaching 59.2k TEUs. The numbers were slightly higher compared to March, due in part to the joint venture with CONCOR for ICD operations, contributing to operational growth.
Allcargo Terminals Ltd has been ordered to pay a tax demand of approximately 53 crore rupees, with most of it (around 49.1 crores) disallowed under Section 80IA. The company is currently exploring legal options to address this demand.
Allcargo Terminals has announced a 21% increase in Q3 net profit, with revenues up 16.6% YoY at ₹218 crore. This growth was accompanied by a 4% rise in March volumes to 58.6k TEUs. Shares responded positively, climbing 4.08% to ₹25.28 on the NSE on April 15.