APSEZ Reports 15% YoY Cargo Growth in April 2026

Adani Ports and Special Economic Zone Limited (APSEZ) reported a strong operational performance for April 2026, recording a 15% year-on-year growth in total cargo volumes. The company handled 43.1 million metric tonnes (MMT) of cargo during the month, reflecting continued momentum in port operations and trade activity.

Growth Driven by Key Segments

The overall growth was primarily supported by robust performance in container and dry cargo segments, both of which recorded a 17% year-on-year increase. This indicates sustained demand across key sectors such as manufacturing, infrastructure, and global trade, contributing to higher cargo throughput across APSEZ’s port network.

Decline in Rail Logistics Volume

Despite the strong cargo growth, APSEZ witnessed a decline in its logistics rail segment. Rail volumes stood at 48,490 TEUs in April 2026, marking a 16% year-on-year decrease. The decline could be attributed to shifting logistics patterns, modal changes, or temporary operational factors affecting inland cargo movement.

APSEZ FY26 Performance Highlights

APSEZ delivered a strong financial performance in FY26, with revenue rising 25% year-on-year to ₹38,736 crore and EBITDA growing 20% to ₹22,851 crore, surpassing its annual guidance. The company also achieved a significant milestone by becoming the first Indian integrated transport operator to handle over 500 MMT of port cargo in a single year. 

Overall RoCE improved to 16% in FY26 compared to 15% in FY25. Reflecting strong earnings and cash flow, the board has proposed a dividend of ₹7.5 per share for the financial year.

Conclusion

APSEZ’s April 2026 performance highlights a positive trend in cargo handling, driven by strong growth in core segments like containers and dry cargo. While the dip in rail logistics presents a mixed picture, the overall operational momentum remains strong. The company’s ability to sustain cargo growth reflects its strategic positioning and resilience in India’s evolving trade and logistics landscape.

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