Allcargo Logistics Reports Strong FY26 Performance Post-Restructuring

Allcargo Logistics saw its total income rise by 4.34% to ₹2,090 crore in the financial year ended March 31, 2026. EBITDA increased by a significant 16.5% to ₹233 crore, showcasing resilient growth amidst a challenging global trade environment.

Reader Takeaway: Strong EBITDA growth from integration; leadership transition and CCI penalty are watch points.

What just happened

Allcargo Logistics has posted its financial results for the fiscal year 2025-26. Total income stood at ₹2,090 crore, a 4.34% increase from ₹2,003 crore in the previous year. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) grew by 16.5% to ₹233 crore from ₹200 crore.

Operating cash flow also showed a healthy increase of 14.54%, reaching ₹315 crore. The company highlighted the effective integration of its Express Distribution and Consultative Logistics businesses under a Composite Scheme of Arrangement, which became effective in November 2025.

Why this matters

This performance indicates the company's ability to drive growth and profitability even after a significant corporate restructuring. The integrated model aims to provide end-to-end logistics solutions, which could enhance market competitiveness. The increase in EBITDA and operating cash flow suggests improved operational efficiency and financial health.

The backstory

The Composite Scheme of Arrangement, approved by the NCLT in October 2025, consolidated various domestic logistics entities into Allcargo Logistics. This move was part of a broader strategy to create a unified platform. The company operates a vast network of over 700 facilities and manages over 12 million sq. ft. of warehousing space, supported by a fleet of over 9,000 vehicles.

What changes now

The integration is expected to streamline operations and unlock synergies. The company is emphasizing digital solutions like AI-enabled pickup and warehouse digitization to boost efficiency. This unified structure aligns with the company's 'Vision 2030' strategy for long-term scalability.

Risks to watch

Investors should note the resignation of Mr. Shashi Kiran Shetty as Chairman and Managing Director, effective August 5, 2026. The transition to new leadership, with Mr. Ketan Kulkarni stepping in as MD & CEO, needs monitoring. Additionally, the company has paid a penalty of ₹50 lakh imposed by the Competition Commission of India (CCI).

Peer comparison

(No specific peer comparison data was provided in the filing.)

Context metrics (time-bound)

• Total Income (FY 2025-26): ₹2,090 crore (up 4.34% from FY 2024-25)
• EBITDA (FY 2025-26): ₹233 crore (up 16.5% from FY 2024-25)
• Operating Cash Flow (FY 2025-26): ₹315 crore (up 14.54% from FY 2024-25)
• Composite Scheme of Arrangement effective: November 1, 2025
• CCI Penalty Paid: ₹50 lakh

What to track next

Key areas for investors to monitor include the successful execution of the 'Vision 2030' strategy, the performance of the new management team, continued growth in key segments like Express Distribution and Consultative Logistics, and the realization of synergies from the business integration.