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ALLCARGO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.5 pts less than Nifty Microcap 250 and 2.0 pts less than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Allcargo Logistics reported FY2026 standalone revenue of ₹2,058 crore, up 5% from restated FY2025 revenue of ₹1,961 crore. However, profit after tax declined sharply to ₹5 crore from ₹74 crore in the prior year—a 93% drop. The company reported a loss before tax of ₹1 crore versus a profit of ₹21 crore previously, though this was offset by tax credits. Exceptional items contributed a net gain of ₹3 crore (including ₹19 crore from non-core asset sales, partly offset by ₹15 crore scheme costs). The auditors issued an unmodified (clean) opinion. Two emphasis of matter items were noted: the demerger of the international supply chain business to a new entity (with accounting treatment overriding Ind AS requirements) and an Income Tax search operation during FY2025 that has since concluded with nil demand. Prior year figures have been restated due to the composite scheme of arrangement.
The sharp decline in profitability despite modest revenue growth is concerning. The restatement of prior year results and the non-standard accounting treatment for the demerger add complexity. However, the clean audit opinion and nil tax demand provide some comfort. Shareholders should monitor the company's ability to return to profitability in FY2027.