Earnings Call Transcript

Allcargo Terminals reported strong FY26 results with profit after tax growing 46% year-on-year to INR44 crores. Q4 EBITDA margin expanded to 21.2% from 18% in the same period last year, driven by improved operating leverage and disciplined cost management. The company handled 723,035 TEUs for FY26, up 6% YoY, achieving its highest ever annual volumes. Management confirmed it is on track to reach 1 million TEU capacity by FY28 and 1.3 million TEUs by FY2030. Key growth initiatives include a 10-year lease extension at JNPT, commencement of the Farrukhnagar PFT-ICD construction (targeting April 2027 completion), and expansion plans at Mundra and Chennai. The company is debt-free with total capex of INR400 crores planned across these projects. EBITDA per TEU guidance is maintained at INR2,200-2,400 in the near term, with expectations to reach INR2,800 by 2030.