Q2 revenue grew only 3.4% YoY, while EBITDA rose 24% on pricing and cost cuts, not volume. Management kept 10% CAGR revenue guidance despite ~7% H1 growth. The 15% EBITDA margin target is framed as an aspiration.
Allcargo filed its Reg 32 QIP monitoring agency report for Q1 FY27 via ICRA. The report notes ₹47.80 Cr of earlier-allocated proceeds were redirected to general corporate purposes with prior board approval.
Allcargo Logistics shared its H1FY27 press release with revenue up 7% and EBITDA up 31% year-on-year. Management outlined festive-season volume recovery and H2FY27 priorities.
Allcargo Logistics reported board changes from its November 3, 2026 meeting. Hetal Gandhi was re-appointed and Russell Parera appointed as Non-Executive Independent Directors, each for 36 months.
Execution
36 months for each director; Parera effective November 3, 2026, Gandhi effective February 8, 2027
Allcargo deployed Oracle Fusion Cloud ERP across 700+ facilities, cutting month-end close by 30%. Four thousand users now operate on a single integrated finance platform.
Shashi Kiran Shetty Family Trust received SEBI Reg 11(5) exemption to acquire 34.41% of Allcargo shares from the promoter. This is an internal promoter-group succession transfer with no change in control or aggregate stake.
SEBI granted the Shashi Kiran Shetty Family Trust an SAST exemption for acquiring 34.41% of Allcargo shares. This family succession transfer involves no change in control.
Allcargo Logistics has scheduled its board meeting for 3 Nov 2026 to consider unaudited half-yearly financial results for the period ended September 2026, on standalone and consolidated basis.
Allcargo Logistics announced the resignation of Managing Director & CEO Ketan Kulkarni, effective December 31, 2026. Vijay Nehra will succeed him, effective January 01, 2027.
Allcargo Logistics filed the transcript of its 33rd Annual General Meeting held on September 16, 2026. The meeting covered management's address on strategic transformation and growth.
Allcargo Logistics Limited will acquire shares in Allcargo Group Services Private Limited for Rs. 1.06 Crore. The cash transaction targets a centralized shared services entity within the promoter group.
Allcargo Logistics approved a Rs. 0.02 Crore investment in its associate company, Allcargo Group Services Private Limited. The subscription of 60 shares maintains its 25% stake.
Allcargo Logistics replied to the exchange query on its June 30, 2026 XBRL results. The PAT and EPS discrepancies stemmed from a corrected typographical error.
Allcargo Logistics Ltd held its 33rd Annual General Meeting on September 16, 2026. All resolutions proposed in the notice were duly passed by the shareholders.
Allcargo Logistics confirmed Mr. Shashi Kiran Shetty's resignation from the Board effective August 5, 2026. The resignation letter, inadvertently omitted earlier, is now appended to complete the disclosure.