Allcargo Logistics (ALLCARGO) Q3 24/25 earnings summary

Executive summary

• Consolidated Q3 FY25 revenue reached ₹4,106 Cr, up 28% year-over-year, with EBITDA at ₹138 Cr, a 24% increase year-over-year.

• Internal restructuring, technology adoption, and cost control are key focuses to drive future profitability.

• International business saw marginal sequential decline due to seasonality, while domestic business improved sequentially.

• Market share gains in both domestic and international businesses, outperforming competition.

• Exceptional items in Q3 FY25 included gains from sale of investments, reversal of provisions, and severance costs.

Financial highlights

• Q3 FY25 consolidated gross profit was ₹864 Cr, up from ₹755 Cr in Q3 FY24.

• Q3 FY25 profit after tax: ₹10 Cr, down from ₹17 Cr YoY and ₹38 Cr QoQ; PAT margin was 0.3%.

• Net debt reduced to ₹614 Cr from ₹651 Cr after dividend payout; gross debt stood at ₹1,233 Cr.

• Earnings per share (basic) for Q3 FY25 was ₹0.10–₹0.11.

• Interim dividend of ₹1.10 per share (₹10,811 lakhs) paid in October 2024.

Outlook and guidance

• Continued top-line growth at or above market levels expected, with further operational optimization to drive profitability.

• Cost optimization through outsourcing and centralization to yield benefits from FY26 onward.

• Restructuring costs to continue for a few quarters, with benefits expected post-December 2025.

• Ongoing regulatory and tax matters are not expected to have material impact based on current assessments.

• Interim NCLT order received for restructuring; conclusion expected by April 2025.