Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹23.25, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 9x in the Infrastructure industry in India. Total returns to shareholders of 4.3% over the past year. New Risk • Feb 12
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (₹7.24b market cap, or US$79.8m). Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: ₹0.55 (vs ₹0.48 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.55 (up from ₹0.48 in 3Q 2025). Revenue: ₹2.20b (up 17% from 3Q 2025). Net income: ₹150.3m (up 28% from 3Q 2025). Profit margin: 6.8% (up from 6.3% in 3Q 2025). The increase in margin was driven by higher revenue. New Risk • Jan 26
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (4.0% net profit margin). Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (₹6.25b market cap, or US$68.2m). Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹30.75, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 15x in the Infrastructure industry in India. Total loss to shareholders of 14% over the past year. Reported Earnings • Nov 05
Second quarter 2026 earnings released: EPS: ₹0.45 (vs ₹0.46 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.45. Revenue: ₹2.10b (up 7.6% from 2Q 2025). Net income: ₹113.0m (up 1.0% from 2Q 2025). Profit margin: 5.4% (down from 5.7% in 2Q 2025). The decrease in margin was driven by higher expenses. 공시 • Oct 20
Allcargo Terminals Limited Announces Change in Management Allcargo Terminals Limited informed that the Board of Directors, through resolution passed by circulation, has considered and approved changes in Senior Management Personnel under Regulations 16(1)(d) and 30 of Listing Regulations as: Exclusion of the following individual from SMP: Mr. Rahul Acharekar - Head Operations. Change in designation of the following SMP: Mr. Nitin Behl - Regional Head North Region & Head Pan India Operations and Mr. Debashis Sethi - Regional Head Eastern and Southern Region. With over 25 years in logistics, Mr. Nitin Behl has been instrumental in establishing and managing Allcargo's Joint Venture CFS with CONCOR in Dadri, UP. He joined Allcargo in 2011 following a successful tenure at APMT. In recent years, he has transitioned into a corporate role, leading key projects and strategic initiatives while driving operational excellence across the eastern and northern regions. With over 15 years of diverse experience in supply chain operations, strategic procurement, sales, marketing, and profit center operations across industries like mining, non-ferrous, ferrous, container freight stations, and retail supply chain, Mr. Sethi specializes in driving business efficiency and delivering results. Mr. Sethi's career highlights include developing and executing high-impact business strategies, leading cross-functional teams, and ensuring the highest standards of service quality and customer satisfaction. He has worked with large corporations like Vedanta Aluminium Ltd, Future Group, and Saurashtra – A Fairfax company before joining Allcargo Terminals. He's a qualified mechanical engineer with postgraduate studies in operations management and strategy from IIM Ranchi and an Executive MBA from IIM Calcutta. New Risk • Oct 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Profit margins are more than 30% lower than last year (4.0% net profit margin). Buy Or Sell Opportunity • Sep 26
Now 22% undervalued Over the last 90 days, the stock has risen 28% to ₹37.02. The fair value is estimated to be ₹47.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Earnings per share has declined by 33%. Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹37.80, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 17x in the Infrastructure industry in India. Total loss to shareholders of 13% over the past year. 공시 • Sep 02
Allcargo Terminals Limited, Annual General Meeting, Sep 26, 2025 Allcargo Terminals Limited, Annual General Meeting, Sep 26, 2025, at 11:00 Indian Standard Time. New Risk • Aug 13
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risks Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (₹7.42b market cap, or US$84.7m). Reported Earnings • Aug 12
First quarter 2026 earnings released: EPS: ₹0.36 (vs ₹0.38 in 1Q 2025) First quarter 2026 results: EPS: ₹0.36 (down from ₹0.38 in 1Q 2025). Revenue: ₹1.94b (up 2.3% from 1Q 2025). Net income: ₹91.1m (down 2.3% from 1Q 2025). Profit margin: 4.7% (down from 4.9% in 1Q 2025). The decrease in margin was driven by higher expenses. 공시 • Aug 08
Allcargo Terminals Limited to Report Q1, 2026 Results on Aug 11, 2025 Allcargo Terminals Limited announced that they will report Q1, 2026 results on Aug 11, 2025 Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹33.72, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 17x in the Infrastructure industry in India. Total loss to shareholders of 36% over the past year. 공시 • Jul 17
Allcargo Terminals Limited announced that it expects to receive INR 95.7 million in funding Allcargo Terminals Limited announced a private placement of up to 13,200,000 fully convertible warrants at an issue price of INR 7.25 for gross proceeds of INR 95,700,000 on July 15, 2025. The warrants will be convertible into one common share of the company at INR 21.75 per share and will mature in 18 months from the date of the allotment. The securities will be issued on preferential basis. The transaction has been approved by the board of directors of the company. The transaction included participation from returning investors Shashi Kiran Janardhan Shetty for 11,644,921 warrants , Arathi Shetty for 584,907 warrants, Adarsh Sudhakar Hegde for 361,661 warrants, Priya Adarsh Hegde for 15,276 warrants, The Shloka Shetty Trust (Shashi Kiran Shetty as Trustee) for 593,235 warrants. New Risk • May 23
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.0% Last year net profit margin: 6.1% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (₹6.58b market cap, or US$76.7m). Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹28.16, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 19x in the Infrastructure industry in India. Total loss to shareholders of 48% over the past year. 공시 • May 09
Allcargo Terminals Limited to Report Q4, 2025 Results on May 14, 2025 Allcargo Terminals Limited announced that they will report Q4, 2025 results on May 14, 2025 공시 • Apr 17
Allcargo Terminals Limited (NSEI:ATL) acquired the remaining 15% stake in DBC Port Logistics Limited from Ashish Chandna for approximately INR 220 million. Allcargo Terminals Limited (NSEI:ATL) intends to acquire the remaining 15% stake in DBC Port Logistics Limited from Ashish Chandna for approximately INR 220 million on January 17, 2025. Upon completion, Allcargo Terminals Limited will own 100% stake in DBC Port Logistics Limited. As of March 10, 2025, Allcargo Terminals Limited (NSEI:ATL) entered into Share Purchase Agreement to acquire the remaining 15% stake in DBC Port Logistics Limited from Ashish Chandna.
For the period ending March 31, 2024, DBC Port Logistics Limited reported total revenue of INR 2.36 billion.
The transaction is subject to the approval of acquirer board. The deal has been approved by the board.
Allcargo Terminals Limited (NSEI:ATL) completed the acquisition of the remaining 15% stake in DBC Port Logistics Limited from Ashish Chandna on April 17, 2025. New Risk • Feb 12
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risk Market cap is less than US$100m (₹7.38b market cap, or US$84.9m). Reported Earnings • Feb 11
Third quarter 2025 earnings released: EPS: ₹0.48 (vs ₹0.60 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.48 (down from ₹0.60 in 3Q 2024). Revenue: ₹1.89b (up 2.3% from 3Q 2024). Net income: ₹117.8m (down 20% from 3Q 2024). Profit margin: 6.2% (down from 7.9% in 3Q 2024). The decrease in margin was driven by higher expenses. 공시 • Feb 05
Allcargo Terminals Limited to Report Q3, 2025 Results on Feb 10, 2025 Allcargo Terminals Limited announced that they will report Q3, 2025 results on Feb 10, 2025 공시 • Jan 17
Allcargo Terminals Limited (NSEI:ATL) agreed to acquire remaining 15% stake in DBC Port Logistics Limited for approximately INR 220 million. Allcargo Terminals Limited (NSEI:ATL) agreed to acquire remaining 15% stake in DBC Port Logistics Limited for approximately INR 220 million on January 17, 2025. Upon completion, Allcargo Terminals Limited will own 100% stake in DBC Port Logistics Limited.
For the period ending March 31, 2024, DBC Port Logistics Limited reported total revenue of INR 2.36 billion.
The expected completion of the transaction is March 31, 2025. New Risk • Jan 11
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.61b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 30
Second quarter 2025 earnings released: EPS: ₹0.46 (vs ₹0.48 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.46 (down from ₹0.48 in 2Q 2024). Revenue: ₹1.97b (up 6.5% from 2Q 2024). Net income: ₹111.8m (down 6.0% from 2Q 2024). Profit margin: 5.7% (down from 6.4% in 2Q 2024). The decrease in margin was driven by higher expenses. 공시 • Oct 26
Allcargo Terminals Limited to Report Q2, 2025 Results on Oct 29, 2024 Allcargo Terminals Limited announced that they will report Q2, 2025 results on Oct 29, 2024 공시 • Aug 27
Allcargo Terminals Limited, Annual General Meeting, Sep 23, 2024 Allcargo Terminals Limited, Annual General Meeting, Sep 23, 2024, at 11:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹52.10, the stock trades at a trailing P/E ratio of 28.7x. Average trailing P/E is 33x in the Infrastructure industry in India. Total returns to shareholders of 46% over the past year. New Risk • Aug 04
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risk Short dividend paying track record (1 year of continuous dividend payments). Reported Earnings • Aug 02
First quarter 2025 earnings released: EPS: ₹0.38 (vs ₹0.37 in 1Q 2024) First quarter 2025 results: EPS: ₹0.38 (up from ₹0.37 in 1Q 2024). Revenue: ₹1.91b (up 5.7% from 1Q 2024). Net income: ₹93.2m (up 3.0% from 1Q 2024). Profit margin: 4.9% (down from 5.0% in 1Q 2024). The decrease in margin was driven by higher expenses. 공시 • Jul 25
Allcargo Terminals Limited to Report Q1, 2025 Results on Aug 01, 2024 Allcargo Terminals Limited announced that they will report Q1, 2025 results on Aug 01, 2024 Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹48.35, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 36x in the Infrastructure industry in India. Reported Earnings • May 18
Full year 2024 earnings released: EPS: ₹1.81 (vs ₹2.34 in FY 2023) Full year 2024 results: EPS: ₹1.81 (down from ₹2.34 in FY 2023). Revenue: ₹7.45b (up 5.5% from FY 2023). Net income: ₹444.0m (down 23% from FY 2023). Profit margin: 6.0% (down from 8.2% in FY 2023). The decrease in margin was driven by higher expenses. 공시 • May 12
Allcargo Terminals Limited to Report Q4, 2024 Results on May 17, 2024 Allcargo Terminals Limited announced that they will report Q4, 2024 results on May 17, 2024 Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹61.55, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 38x in the Infrastructure industry in India. New Risk • Mar 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Short dividend paying track record (1 year of continuous dividend payments). 공시 • Mar 15
Allcargo Terminals Limited Announces Resignation of Hardik Desai as Company Secretary & Compliance Officer, Effective April 07, 2024 Allcargo Terminals Limited announced that Mr. Hardik Desai has submitted his resignation as the Company Secretary & Compliance Officer and as the Key Managerial Personnel of the Company with effect from the close of business on April 07, 2024 and the Company has accepted the same. Mr. Hardik Desai will continue to discharge his duties as the Company Secretary & Compliance Officer of the Company, until the close of business on April 07, 2024, to facilitate smooth transition. He has decided to move on to pursue opportunities outside the Company. Buy Or Sell Opportunity • Feb 28
Now 21% undervalued Over the last 90 days, the stock has risen 26% to ₹63.30. The fair value is estimated to be ₹80.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Buy Or Sell Opportunity • Feb 16
Now 20% undervalued Over the last 90 days, the stock has risen 20% to ₹63.35. The fair value is estimated to be ₹79.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Reported Earnings • Feb 03
Third quarter 2024 earnings released Third quarter 2024 results: EPS: ₹0.60. Net income: ₹146.5m (up ₹146.5m from 3Q 2023). 공시 • Jan 26
Allcargo Terminals Limited to Report Q3, 2024 Results on Feb 01, 2024 Allcargo Terminals Limited announced that they will report Q3, 2024 results on Feb 01, 2024 Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹52.85, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 28x in the Infrastructure industry in India. 공시 • Nov 09
Allcargo Terminals Limited Appoints Mr. Ashish Chandna as Chief Executive Officer, with Effect from November 15, 2023 Allcargo Terminals Limited announced that at the board meeting held on November 06, 2023, the company approved the appointment of Mr. Ashish Chandna as Chief Executive Officer. Appointment with effect from November 15, 2023. Mr. Ashish Chandna, known better as Captain Ashish Chandna, he holds a master's degree in Nautical Science from South Tyneside College, South Shield UK. He has been a leading name in the shipping and logistics industry for over two decades now, with more than 11+ years' experience in logistics industry and 17 years sailing experience. Capt Ashish Successfully Listed Navkar Corporation ltd in 2015, Post That Capt Ashish Went on to acquire Speedy Multimode in 2016, one of the leading and colossal CFS facilities at JNPT, Mumbai. He then went on to shake hands with logistics giant Allcargo group. With a streamlined vision he drove the company ahead to acquiring complete market domination pan India. He has been pivotal in transforming the CFS industry in India since 2011. His immense prominence as a high risk taker with innovative decision making skills in business has enabled him to carve a niche for himself. A sought-after angel investor and a bonafide new age leader, Ashish truly believes in the power of innovation and strategic acceleration. Ashish also demonstrates firm solidarity towards the booming startup culture in India and has made key investments in lucrative ventures viz Cherise India Pvt Ltd, Rush Beauty Mart, Inspire Co Spaces. This envisions to leverage his expertise and ensure every business he invests in, only soars higher ahead. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹46.90, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 20x in the Infrastructure industry in India. 공시 • Oct 31
Allcargo Terminals Limited to Report Q2, 2024 Results on Nov 06, 2023 Allcargo Terminals Limited announced that they will report Q2, 2024 results on Nov 06, 2023 Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹40.80, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 21x in the Infrastructure industry in India. 공시 • Sep 27
Allcargo Terminals Limited Approves Final Dividend for the Financial Year Ended March 31, 2023 Allcargo Terminals Limited at its AGM held on AGM held on September 26, 2023 approved final dividend of INR of 0.50/- (i.e. 25%) per Equity Share of INR 2/- each for the Financial Year ended March 31, 2023. 공시 • Sep 18
Allcargo Terminals Limited(BSE:543954) dropped from S&P Global BMI Index Allcargo Terminals Limited(BSE:543954) dropped from S&P Global BMI Index 공시 • Sep 03
Allcargo Terminals Limited, Annual General Meeting, Sep 26, 2023 Allcargo Terminals Limited, Annual General Meeting, Sep 26, 2023, at 11:00 Indian Standard Time. Location: 4 Floor, A Wing, Allcargo House,CST Road, Kalina, Santacruz (E), CST Road, Kalina, Santacruz (E), Mumbai Maharashtra India 공시 • Aug 31
Allcargo Terminals Limited Recommends Payment of Final Dividend for Financial Year Ended March 31, 2023 Allcargo Terminals Limited at its meeting held on July 05, 2023 had recommended payment of final dividend of INR 0.50 (Fifty Paisa Only) per equity shares of face value of INR 2 each for financial year ended March 31, 2023, subject To Approve the shareholders at the upcoming Annual General Meeting of the Company. The aforesaid Board Meeting was held prior to listing of equity shares of the Company on the Stock Exchanges. The company has fixed September 09, 2023 as the Record Date for determining the entitlement of the Members to Final Dividend for the financial year ended March 31, 2023. Board Change • Aug 17
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Non-Executive Non-Independent Director Vaishnavkiran Shetty is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 공시 • Aug 12
Allcargo Terminals Limited to Report Q1, 2024 Results on Aug 21, 2023 Allcargo Terminals Limited announced that they will report Q1, 2024 results on Aug 21, 2023 
