Allcargo Terminals Limited reported a 46% increase in net profit to INR44 crores for the financial year ended March 31, 2026, driven by record annual volumes and disciplined yield management. The company handled 723,035 TEUs during FY26, a growth of 6% year-on-year, while revenue rose 8% to INR821 crores. EBITDA for the year stood at INR162 crores, registering a 26% growth, supported by capacity expansion and improved operating leverage.

Financial Performance

For the fourth quarter of FY26, the company handled a total volume of 179,631 TEUs, reflecting a 7% growth over Q4 FY25. Revenue for the quarter stood at INR208 crores, up 12% year-on-year, while EBITDA increased 31% to INR44 crores. The EBITDA margin expanded to 21.2% in Q4 FY26 from 18% in the corresponding period of the previous year. Net profit for the quarter was INR9 crores, compared to a loss in Q4 FY25.

Strategic Outlook

Management highlighted that FY26 was a year of strong progress towards the company's three-year ambition. The company secured a 10-year extension for one of its JNPT facilities and commenced construction of a PFT-ICD at Farrukhnagar in Q4 FY26. Looking ahead, Allcargo Terminals remains on course to achieve its target of 1 million laden TEUs by FY28. The company has outlined a capacity ambition of around 12.5 lakh to 13 lakh laden TEUs by FY 2030, driven by the India growth story and its own capacity buildup.

Capital Allocation and Expansion

The company has a capital expenditure plan of INR400 crores for various expansion projects. Key allocations include INR226 crores for the Farrukhnagar project and INR20 crores for the upgradation of the JNPT Speedy facility. The balance is allocated towards expansion projects in Chennai and Mundra. Financing for the capex will be met through existing cash flows, equity raises, and bank financing restricted to around INR100 crores. The company stated it is debt-free in terms of external borrowings, with liabilities on the balance sheet primarily comprising lease obligations under Ind AS 116.

Operational Metrics

The company continues to focus on improving EBITDA per TEU, which stood at INR2,200 to INR2,300 levels for the year. Management expects to maintain this trajectory, with a target to reach INR2,800 per TEU by 2030, aided by the addition of the rail-linked ICD at Farrukhnagar and scale efficiencies from capacity expansions.

allcargo terminals has initiated a postal ballot process to seek shareholder approval for the appointment of Mr. Shashi Kiran Shetty as a Non-Executive, Non-Independent Director under the promoter category. The resolution, if passed, will regularize his position as an Additional Director appointed by the Board on May 21, 2026. Shareholder consent is required within three months of the appointment date in compliance with Regulation 17(1C) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board of Directors approved the appointment based on the recommendations of the Nomination and Remuneration Committee. Mr. Shetty, the Founder and Chairman of Allcargo Group, brings over two decades of experience in the logistics sector. The company has received the requisite consent and eligibility declarations from him, including Forms DIR-2 and DIR-8, confirming he is not debarred from holding the office of Director.

Postal Ballot Schedule

The company has engaged National Securities Depository Limited (NSDL) to facilitate the remote e-voting facility. Shareholders registered as of the cut-off date are eligible to participate. The notice has been sent electronically to members whose email addresses are registered with the company or depositories. Physical copies of the notice have not been dispatched in line with Ministry of Corporate Affairs circulars promoting the Green Initiative.

Director Profile and Shareholding

Mr. Shashi Kiran Shetty holds 14,63,58,071 fully paid equity shares and 2,70,39,842 partly paid equity shares in the company as of May 21, 2026. His other directorships include roles at Allcargo Logistics Limited, AGL Warehousing Private Limited, and Allcargo Global Limited. The Board recommends the resolution for approval by the members.