Allcargo Logistics Limited has informed the Exchange about Credit Rating- Others

CARE Ratings has assigned a long-term rating of CARE A- with Stable outlook and short-term rating of CARE A2 to Allcargo Logistics' bank facilities totalling Rs 255 crore. The facilities are spread across five lenders including IndusInd Bank (Rs 100 crore), Bank of Bahrain and Kuwait (Rs 45 crore), Federal Bank (Rs 45 crore), Axis Bank (Rs 40 crore) and HDFC Bank (Rs 25 crore). The rating follows the company's recent demerger of its international supply chain business, which significantly changed its financial profile. CARE noted Allcargo's strong pan-India network, diversified service portfolio and promoter support from the Shetty family as strengths, while flagging moderate margins, concentrated revenue in Surface Express (~64% of segment revenue) and intense competition as concerns. Total operating income post-demerger stood at Rs 1,961 crore in FY25, with PBILDT margin improving to 11.27% in 9MFY26.