India is one of the rapidly developing economies at global level today. This development is forecasted on the back of India becoming one of the biggest manufacturing and consumption hub at worldwide level. It highlights strong economic activity and creation of jobs and will encourage India to be one of the top 3 economies by end of this decade. In past few years, the Indian logistics sector has shown improvement, it has gone through a long journey from labor-based industry to being where technology plays key role. During the year 2023, India achieved rank 38th out of 139 countries in the World Bank’s Logistics Performance Index (LPI). From 2018 to 2023, the ranking position of India was better from 44 to 38. India has achieved better ranking position due to support of various government initiatives to push infrastructure, and production, and encourage technological improvement in logistics sector.
The logistics cost in India is projected to be around 12% of GDP. In Indian logistics sector, road transportation is ruling the movement of freight with its share in freight movement projected to be 66%. Rail movement is cheaper mode of transportantion to transport huge quantity of goods over long distances. During February 2024, interim budget announces by Finance minister, the logistics sector has shown growth.
The government has distributed Rs 11 lakh crores, it is planning to establish 3 main economic railway corridors under PM Gati Shakti to encourage multi-modal connectivity. India is ready to become one of the best economies in the world, logistics as industry is bound to play crucial role as economic growth is always integrated with development in logistics segment. The logistics sector in India has gone through many changes including implementation of GST, e-invoicing, and advancement in digitisation and infrastructure. In this article, you will learn important information about Allcargo Logistics Ltd share price, market cap, ROCE, ROE, promoter, and net profit.
Allcargo Logistics Ltd – Key Points
Name of the promoter
Shashi Kiran Shetty
Industry
Logistics
Founder & Chairman
Mr. Shashi Kiran Shetty
Established
1994
Headquarters
Mumbai
Employees
4500
Operations
180 countries
Allcargo Logistics Ltd – Statistics
Market cap
Rs 3,936 crores
ROCE
3.32%
ROE
4.94%
Face value
Rs 2
Dividend yield
2.75%
Stock P/E
114
Allcargo Logistics Ltd
Allcargo is one of the pioneer Indian Multinational companies at present. It is part of Allcargo group, which is proud of itself that it is part of several different companies delivering final solutions to customers. The journey began in 1994, Allcargo logistics has focused its business by offering unique solutions as per customer needs. The company along with subsidiaries provides different range of services like International Supply Chain, air freight, Full Container Load (FCL), trucking, Less than Container Load, and door-to-door services at worldwide level. At domestic level, the company provides services among contract logistics, express logistics, and supply chain management. With the help of Allcargo Logistics it covers broad value chain of services related to logistics.
The company is suggested by attaining top position in market by developing wealth for its stakeholders. By obtaining guidance from vision, company has gone through the process of business transformation and corporate restructuring in past 4 years. This is done with the purpose of making easier corporate structure and offer business strategic independence and economic flexibility. In past few years, the company has exited its main businesses. Before, the company made an announcement that it will demerge CFS/ICD business and the logistics parks business. Both businesses are listed under Allcargo Terminals and TransIndia Real Estate respectively.
During the financial year, after getting permission from Board, the company made an announcement for arrangement of scheme. As per mentioned in scheme, the business of International supply chain will be demerged into Allcargo ECU Limited. It will be a mirror demerger. The supply chain at national level, the contract logistics business, and express business are managed under Allcargo Supply Chain Pvt Ltd and Gati Express Supply Chain Pvt. respectively. Moving ahead the subsidiary structure will fall and both these businesses will be combined into the demerged Allcargo Logistics Ltd.
International supply chain Business overview
The division of International supply chain is largest in terms of generating revenue contribution for the company. Main offerings under this division are Non-Vessel Owning Carrier (NVOCC) connected to Less than Container Load consolidation business, Full Container Load (FCL) forwarding and related services.
Along with this, the offerings also consists transport of cargo through rail and air. Being a top player in less LCL consolidation business. The strong connection of Allcargo is amazing strength which is challenging to copy.
The company has attained market share of 15% in LCL consolidation business. It manages among 2500 trade lanes and 4000 port pairing. One more benefit of this business is that it provides asset-light digital play. The company provides a different mix of traditional strengths with best connections and latest technology through ECU 360 platform. About 65% of ECU bookings at global level are managed through ECU 360 platform.
The company pays attention on yield management and trade lane management to make better performance. Moving ahead this division will be separated listed under Allcargo ECU Limited.
Express Distribution Business overview
The express distribution business is managed under “Allcargo Gati”. It has achieved top position in express logistics and it is oldest player in India. The company has strong connection and tie-up that covers about government of India approved pin codes. Allcargo Gati has achieved strong position with multichannel express logistics player that offers complete solutions to its clients. Allcargo Gati offers services such as supply chain management, air freight, express distribution. The company is old player in the field of express logistics, has strong connection and long relations with marquee clients.
Allcargo Gati has laid down pillars of growth which has encouraged them to achieve huge business growth. During the year Allcargo Gati has appointed experienced team members Mr Uday Sharma as Chief Commercial Officer and Mr. Sandeep Kulkarni with working as Chief Operating Officer. The company is paying attention on digitalization also, Allcargo Gati is consistently working to update its new technology. This will lead to better operational performance and cost will be controlled. To increase sales the management has started paying attention by growing MSME and retail client base. The management has taken various steps such as setting up sales team. This team will pay attention by delivering best services to customer. On the infrastructure side, 6 hubs have been redeveloped and are working fully. The phase two if infrastructure amplification and modification of few more hubs is planned. These steps have supported Allcargo Gati manage its position as one of the top express companies in India.
Contract Logistics
The Contract Logistics business is managed under Allcargo Logistics wholly owned subsidiary of Allcargo Supply Chain Private Limited (ASCPL). Allcargo supply chain provides 3-PL and warehousing solutions integrated with customized services for its customers spread over different industries. ASCPL has managed top position in chemical warehousing along with showing improvement in other industry such as Fashion, Consumer, Auto & Engineering. The purpose is to take benefit from current strengths and ability to scale business among sectors.
The purpose of management is to attain market dominance in the sort center and warehousing business by offering tech-integrated services. The purpose is to build transport business also. As we move ahead, as per announcement made in the scheme there will be merger of express and contract Logistics businesses. This will offer support by providing end solutions to clients. It will also increase wallet share from current clients by encouraging cross selling.
With huge rise in e-commerce adoption, need to improve logistics infrastructure, the warehousing industry will observe amazing change. This also features the requirement of strategically developing warehouse located in the country. Allcargo supply chain is ready to take benefit of opportunity and growth.
Express Logistics business through Allcargo Gati Ltd
Allcargo Logistics is promoter and only largest shareholder with 50.16% ownership of Allcargo Gati Limited (which was previously known as Gati Limited). As part of Allcargo group, Gati can now step into Global Network operating in 180 countries and increase the network of services to include various logistics business verticals. With the help of Gati’s national reach and strong connection, the company provides final solutions to its national and international clients. The management of Gati is time-sensitive, huge value cargo that needs expertise handling.
The company has attained top position in express sector and maintains an industry-based infrastructure network providing its services across 99% GoI-approved pin codes. The company manages complicated hub and spoke network through channel of 31 transhipment hubs which consists of distribution centers, 10 Air Transhipment hubs, and warehouses spread over 3.85 million sq ft among multiple locations in India. Its main offerings include air express and surface. Moreover, it offers other solutions such as e-commerce solutions and supply chain management.
Contract Logistics (CL) Business through Allcargo Supply Chain Private Limited
The business of Contract Logistics of Avvashya CCI Logistics Private Limited (ACCI) was transferred to Allcargo Supply Chain Private Limited (ASCPL) ( previously known as Avvashya Supply Chain Private Limited) to the sanction of the scheme of arrangement between ACCI and ASCPL by National Company Law Tribunal.
One of the rapidly developing sub-sectors of logistics in India is Contract logistics and after announcement made by Prime Minister of Gatishakti policy, which gives more importance to logistics sector.
At present, Allcargo’s CL sector maintains more than 50 lacs sq. ft. of warehousing area spread over 65 locations with main presence in main consumption centres Pan India. The consumer choices are changing which is kept in mind and compliance norms, more than 55% of our warehousing area is “Grade A” facilities. The company consistently maintains its position in chemical division, the company has added marquee customers in e-commerce and automotive industries. The main strength of company is to deliver best quality solution to our customers, whether it is top industry players or rapidly growing Unicorns. The company has achieved expertise in bespoke solutions to our customers to solve their supply chain problems and build value for them that encourage us to build strong partnerships.
Allcargo Logistics Ltd – Revenue & Net profit
Particulars
FY 23-24 (Rs. In crores)
Sales
13,188
Expenses
12,715
Operating profit
473
Other income
231
Interest
140
Depreciation
400
Profit before Tax
164
-Tax (%)
(15%)
Net profit
140
EPS in Rs.
1.52
Shareholding Pattern
Promoters
63.28%
FIIs
10.90%
DIIs
2.25%
Public
23.57%
Allcargo Logistics Ltd – Watch Full Video
Disclaimer – Stock market is a highly volatile market and unstable. Do your proper research and study before investing. Our website aims to provide information regarding the stock market. We are not responsible if you suffer any loss. Spend enough time on research. We are not providing investment or financial advice.
Allcargo Logistics Ltd Share Price Target – 2025 to 2040
Year
Minimum price (Rs)
Average price (Rs)
Maximum price (Rs)
2025
40
43
46
2026
47
51
54
2027
57
63
69
2028
72
78
84
2029
90
98
105
2030
108
137
165
2035
325
357
388
2040
759
801
843
Allcargo Logistics Ltd Share Price Target – 2025
If market faces downward trends, the minimum projected price is anticipated to hit Rs 40. The average trading price is projected to hit Rs 43. If market observes upward trends, the highest projected price is anticipated to hit Rs 46. Allcargo Logistics has over 30 years of international specialization and has managed itself as top player at global level in LCL consolidation.
The company provides a wide range of services, customized as per customers’ requirements, backed by cutting-edge digital tools and advanced technology. The extensive service portfolio is spread in major port pairs, with over 2400 direct trade routes and door-to-door deliveries in more than 50 markets. The comprehensive connection improves business operations and keeps worldwide trading flowing efficiently.
Allcargo Logistics Ltd Share Price Target – 2026
If market faces bearish sentiments, the minimum forecasted price is expected to hit Rs 47. The average trading price is projected to hit Rs 51 at the mid of the year. If market observes bullish signals, the maximum projected price is estimated to reach Rs 54. The organization is very large, the company delivers integrated solutions that encourage business both in India and at global level. The single logistics partner strategy assures genuine and effective solutions for all supply chain requirement. Managing business through wholly owned worldwide subsidiary, ECU at global level, the company has strong connection of over 300 offices in 180 countries. The company is working with passion by setting guidelines in quality and regularity, building strong value for customers.
Allcargo Logistics Ltd Share Price Target – 2027
If market experiences declining trends, the minimum projected price is projected to reach Rs 57. The average trading price is forecasted to hit Rs 63 at the mid of the year. If market observes bullish sentiments, the maximum projected price is estimated to reach Rs 69. The modern technological platform, ECU360 is developed to provide convenient in operating business 24*7 and shifting shipping into on-demand experience. Supply chains at a worldwide level can bring flexibility and consistently improve business landscape. ECU360 has multiple functions such as quick notes, sailing schedules, cargo booking, and access to all crucial data at one go, to encourage separate transactions and business consistence. It also offers value-added services like trucking, insurance, and more.
Allcargo Logistics Ltd Share Price Target – 2028
If market observes downward trends, the minimum projected price is anticipated to hit Rs 72. The average trading price is projected to hit Rs 78 at the mid of the year. If market observes bullish trends, the maximum forecasted price is expected to hit Rs 84. The company provides final FCL solutions among all major trade hubs and destinations among global level. The FCL services offer transport for heavy, breakbulk, and out-of-gauge among multiple industry division. The partnership and tie-ups with top carriers help us to provide maximum transit times, expenses, and costs. The teanted team of professionals who are specialized in their field provide consulting and advisory services to make FCL transport smooth and effective experience.
Allcargo Logistics Ltd Share Price Target – 2029
If market faces bearish sentiments, the minimum projected price is anticipated to hit Rs 90. The average trading price is projected to hit Rs 98 at the mid of the year. If market observes bullish sentiments, the maximum forecasted price is expected to reach Rs 105. The air freight services among main business centres at global level and trade destinations are managed through our channel. The team of experts have deep knowledge in local regulations in different countries and provide support and guidance on customs and compliance. To assure proper transportation with safety, the company provides valuable services like inland trucking service and warehouse capabilities. The company has strong connection of partners to improve facilities, services, and costs.
Allcargo Logistics Ltd Share Price Target – 2030
If market observes downward trends, the minimum projected price is anticipated to reach Rs 108. The average trading price is projected to hit Rs 137 at the mid of the year. If market observes bullish sentiments, the maximum projected price is forecasted to hit Rs 165. The company has 3 decades of experience at international level and has improved itself as top player in LCL consolidation and India’s top integrated logistics solutions provider, providing all solutions under one roof that encourage businesses in India and at global level. The worldwide connections, deep information about local, operational skills and top skills as best leaders in LCL, provide customers the edge and peace of mind they are looking for. The services related with international supply chain provides benefits of FCL, Air Freight Services, LCL supported by First and last mile delivery.
Allcargo Logistics Ltd Share Price Target – 2035
If market observes bearish sentiments, the minimum projected price is anticipated to hit Rs 325. The average trading price is projected to hit Rs 357 at the mid of the year. If market observes bullish signals, the maximum projected price is expected to hit Rs 388. The customers receive benefit with just by dealing with only one partner for end solutions. Modern processes, talented team members, state-of-the-art systems assure proper guidelines of multiple services. The valuable services such as warehousing capabilities and inland trucking service, we assure proper transport with security. The company has removed tranpsort time by adding direct lines within the network. The digital logistics solutions are improving effectiveness and easiness for customers.
Allcargo Logistics Ltd Share Price Target – 2040
If market faces bearish sentiments, the minimum projected price is anticipated to reach Rs 759. The average trading price is projected to hit Rs 801 at the mid of the year. If market observes bullish sentiments, the maximum predicted price is anticipated to touch Rs 843. To improve operations and functions, the workforce is working by performing tests and implementing modern tech innovation, which will bring greater agility and fairness to our services. The operations are connected with technology and the goal is to offer services to satisfy customers, the company has set up control tower to manage functions of warehouse which encourages full visibility of operations.
FAQs
Q1) Who is the CEO of Allcargo Logistics Ltd?
Ans – The CEO of Allcargo Logistics Ltd is Mr. Shashi Kiran Shetty.
Q2) Is Allcargo Logistics Ltd a debt free company?
Ans –No, the company is not a debt free company. The Long term Borrowings are Rs 141 crores and Short term Borrowings are Rs 1,221 crores. The net profit of company is Rs 141 crores in FY 23-24. The company is earning sufficient profits to repay is debt.
Q3) What is the old name of Allcargo Logistics Ltd?
Ans – The Allcargo Logistics Ltd was previously incorporated on 18th August,1993 as Private Limited Company in the name of Allcargo Movers (India) Pvt. Ltd.
Q4) What business does Allcargo Logistics Ltd do?
Ans – The Allcargo Logistics Ltd is involved in the business of integrated logistics solutions service provider. The company manages container freight station and inland container depot facilities delivering a range of warehouse, distribution, and supply chain solutions.
Q5) What is the annual turnover of Allcargo Logistics Ltd?
Ans – The annual turnover of Allcargo Logistics Ltd for FY 23-24 is Rs 13,188 crores.
Q6) What is future share price of Allcargo Logistics Ltd?
Ans – The future share price of Allcargo is projected to reach Rs 137 by 2030. If company performs well and maximizes its profit then its share price may shoot up.
Q7) Is Allcargo Logistics Ltd a good company to invest?
Ans –Yes,Allcargo Logistics Ltd is a good company to invest for long term purpose. The sales of company in FY-13 was Rs 3,926 crores which was increased to Rs 13,188 crores in FY-24. The net profit of company was Rs 183 crores in FY-13 which was increased to Rs 140 crores in FY-24. The share prices has increased by 40% in past 5 years.
