Allcargo Gati Limited , a prominent player in the logistics industry, held its 30th Annual General Meeting (AGM) on September 25, 2025, where shareholders approved significant leadership appointments and other important resolutions.

Leadership Appointments

The shareholders gave their nod to two crucial leadership positions:

1. Re-appointment of Independent Director: Mr. Dinesh Kumar Lal has been re-appointed as an Independent Director for a second five-year term, from July 3, 2025, to July 2, 2030. Mr. Lal brings over 45 years of experience in the shipping industry, having held senior positions at A P Moller-Maersk and other major organizations.

2. New Managing Director & CEO: Mr. Ketan Nishikant Kulkarni has been appointed as the Managing Director & Chief Executive Officer for a two-year term, from August 5, 2025, to August 4, 2027. Mr. Kulkarni previously served as Chief Growth Officer at Allcargo Group and has over three decades of experience across logistics, consumer durables, FMCG, and beverages sectors, including a 17-year tenure at Blue Dart Express.

AGM Proceedings

The AGM, conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM), saw the participation of 56 members. Key highlights of the meeting include:

• The meeting was chaired by Mr. Dinesh Kumar Lal, Independent Director and Chairman of the Audit Committee and Nomination & Remuneration Committee, in the absence of Mr. Shashi Kiran Shetty, the Company's Chairman.
• Six resolutions were put to vote, including the adoption of financial statements, appointment of directors, and the appointment of secretarial auditors.
• The company appointed Messrs Puttaparthi Jagannatham & Co. as Secretarial Auditors for a term of five consecutive years.

Financial Performance

While specific financial figures were not provided in the AGM summary, the Chairman addressed the members on the business overview and financial performance of the Company for FY 2024-25, highlighting business achievements, economic and industry outlook, and future prospects.

Looking Ahead

With these leadership appointments, Allcargo Gati Limited appears to be positioning itself for future growth. The extensive experience of both Mr. Lal and Mr. Kulkarni in the logistics and shipping industries is expected to contribute significantly to the company's strategic direction and operational excellence.

The company's focus on governance is evident from the appointment of experienced leaders and the smooth conduct of the AGM in compliance with regulatory requirements. As the logistics sector continues to evolve, Allcargo Gati Limited's leadership changes signal its readiness to adapt and grow in a dynamic market environment.

Allcargo Gati Limited , a leading player in the Indian logistics sector, has unveiled an ambitious five-year strategic plan aimed at driving substantial growth and profitability through 2030. The company recently held an Analyst Day presentation, outlining its vision for the future and detailing its transformation initiatives.

Financial Performance and Transformation

Despite flat revenue growth over the past five years, Allcargo Gati has made significant strides in improving its profitability metrics. The company reported revenue from operations of ₹1,708.00 crores, with notable improvements in key financial indicators:

• EBITDA growth: 165% CAGR
• ROCE improvement: Approximately 200 basis points
• Debt repayment: ₹250.00 crores
• Investment in transformation initiatives: Over ₹900.00 crores

The company has maintained a net cash position, showcasing its financial resilience and commitment to a lean balance sheet.

Strategic Growth Targets

Looking ahead, Allcargo Gati has set ambitious targets for its future performance:

• Combined revenue growth: 12-14% CAGR through 2030
• Projected revenues: ₹1,961.00 crores by fiscal 2028
• EBITDA margins: Improvement to 20%+ by fiscal 2030
• ROCE: Enhancement to 21%+ by fiscal 2030

The strategy focuses on two key business segments:

1. B2B Express Logistics
2. Supply Chain Services

Operational Strengths and Growth Drivers

Allcargo Gati boasts an extensive operational network, positioning it well for future growth:

• 700+ facilities covering 100% serviceable pin-codes in India
• Over 9,000 trucks in its fleet
• Strategic airline partnerships

Key growth drivers identified by the company include:

• Expansion in e-commerce
• Increased presence in automotive sector
• Growth in healthcare and chemical sectors
• Investments in AI-enabled platforms and digital tools

Corporate Governance and Sustainability

The company has also emphasized its commitment to corporate governance and sustainability:

• Zero non-compliance with regulations year-on-year
• 100% suppliers to be ESG-screened by 2040
• Targeting 100% carbon neutrality by 2040
• 13% energy currently sourced from renewables
• Introduction of 500+ EVs and CNG last-mile trucks

Management's Perspective

Ketan Kulkarni, Managing Director & CEO of Allcargo Gati, stated, "Our strategy focuses on delivering results above market growth and increasing market share by targeting both macro indicators and high-performance micro indicators. We are committed to realizing the company's potential for future growth and expansion in the attractive logistics sector."

Conclusion

As Allcargo Gati embarks on this ambitious journey, the company appears well-positioned to capitalize on the growing logistics market in India. With its focus on technology-driven solutions, operational efficiency, and strategic growth initiatives, the company aims to transform itself into a domestic logistics leader in the coming years.

Investors and industry observers will be keenly watching Allcargo Gati's progress as it works towards achieving its ambitious targets in an increasingly competitive and dynamic logistics landscape.