Live Allcargo Logistics Share Price Chart

O 71

H 71

L 71

VOL 8673

Allcargo Logistics Performance

Days Range

Low: ₹70.05
High: ₹71.35
Previous Close ₹71.95
Open ₹71.00
Volume 5,55,962
Day’s Range ₹70.05 - ₹71.35
52W Range ₹61.41 - ₹98.00
Market Cap ₹7,083.89 Cr

Allcargo Logistics Fundamentals

ROCE (TTM) 9.12
P/E Ratio (TTM) 32.62
P/B Ratio 2.79
Industry P/E 37.74
Debt to Equity 0.68
ROE 11.75
EPS (TTM) 1.55
Dividend Yield 1.13
Book Value 25.85
Face Value 2

Allcargo Logistics Financials

Mar 2023Jun 2023Sep 2023Dec 2023
Net Sales3,395.13,271.063,306.863,211.59
Expenses3,332.953,215.23,295.533,204.72
Profit before tax62.59161.2417.483.78
Operating Profit51.9118.9416.1917.36
Net Profit51.9118.9416.1917.36
EPS in Rs2.430.370.19-0.02

About Allcargo Logistics

History

Allcargo Logistics Limited, initially named Allcargo Global Logistics Ltd, was established on August 18, 1993, by Mr. Shashi Kiran Shetty. This company has emerged as a significant player in the global logistics sector. Its operations are divided into three key areas: Multimodal Transport Operations, Container Freight Stations/Inland Container Depots, and Project and Engineering Solutions. Additionally, it engages in Contract Logistics through its joint venture, Avvashya CCI Logistics Private Limited.

Allcargo is a prominent entity in the global LCL consolidation market, boasting a robust network that spans over 180 countries with more than 300 offices, covering over 4,500 port pairs worldwide.

Allcargo’s journey includes strategic acquisitions like ECU-Line (now ECU Worldwide) in 2006, enhancing its global logistics capabilities. The company went public in 2006, and its equity shares were listed on the Bombay Stock Exchange and the National Stock Exchange of India on June 23, 2006.

In 2019, the company launched India’s largest logistics park in Jhajjar, Haryana. In 2020, the company acquired a strategic stake in Gati Express, with mutual operations commencing in 2024. In 2023, Allcargo demerged its operations into three different companies, creating Allcrago Terminals, Allcargo Supply Chain, and Transindia Real Estate.

Business Segments

Allcargo Logistics is a diversified logistics company with a presence across multiple segments. Here’s a breakdown of their key business segments:

  1. Multimodal Transport Operations (MTO): MTO involves managing the movement of goods by sea, air, and land using a combination of transportation modes. Allcargo is a global leader in Less-than-Container-Load (LCL) consolidation, meaning they group smaller shipments from multiple customers into full containers for cost efficiency. They also offer Full Container Load (FCL) forwarding and other freight forwarding services.
  2. Container Freight Station Operations (CFS) & Inland Container Depot Operations (ICD): Allcargo operates a network of CFS and ICD facilities in India, which handle the import and export of cargo, including customs clearance, warehousing, and other value-added services.
  3. Project & Engineering Solutions (P&E): This segment caters to the specialised needs of project cargo, such as oversized or heavy machinery and equipment. Allcargo provides transportation, rigging, and other logistical services for complex project movements.
  4. Supply Chain Management: Allcargo offers various supply chain management services, including warehousing, distribution, and contract logistics. These services are provided through subsidiaries like Gati Ltd and Allcargo Supply Chain.
  5. Logistics Parks: Allcargo develops and operates logistics parks, which provide infrastructure and services for businesses involved in logistics and warehousing. This segment is relatively small compared to others.

Subsidiaries of Allcargo Logistics Limited
There are more than 100 subsidiaries, associate companies and joint ventures through which the company conducts its business. A few of them are listed below:

  1. Contech Logistics Solutions Pvt. Ltd: This subsidiary focuses on logistics solutions, including warehousing, transportation, and supply chain management, aiming to improve efficiency and reduce costs.
  2. Ecu International (Asia) Pvt. Ltd: Specialising in non-vessel-owned common carrier operations, it handles less than container load and full container load forwarding, especially in the Asian market.
  3. TransIndia Logistic Park Pvt Ltd: Engaged in logistic park development and management, it offers warehousing, distribution facilities, and integrated logistics solutions.

Key Personnel 

Shashi Kiran Shetty, Founder and Executive Chairman 

Shashi Kiran Shetty, founder of Allcargo Logistics in 1993, has significantly impacted the Indian logistics industry. His strategic leadership led to Allcargo’s global expansion, including the notable acquisition of ECU-LINE. Shetty has received numerous honours, including the ‘Lifetime Contribution to Freight Award’ and a high civilian honour from Belgium. He is an Ernst & Young ‘Entrepreneur of the Year’ awardee and engages in philanthropy.

Corporate Actions 

Demerger 

  • Allcargo Terminals Limited allotted one equity share of ₹2 for each share of the same value held in Allcargo Logistics Ltd as part of the demerger of its Container Freight Station and Inland Container Depot business.

Buyback 

  • Allcargo Logistics announced a buyback of up to 64,00,000 equity shares, around 2.54% of its total outstanding shares, at a price of ₹195 per share. The buyback, totalling ₹1,24,80,00,000, is set for shareholders on record as of November 18, 2016. 

Bonus

  • Allcargo Logistics Limited announced a 1:1 bonus share issue, with the record date set for December 31, 2015, for eligible shareholders.
Parent Organisation Indian Private
Founded 1993
Managing Director Shashi Kiran Shetty
NSE Symbol ALLCARGO

Peer Comparison

Stocks Market Cap (cr) Market Price (₹) 52 Week Low-High (₹)
Gateway Distriparks Ltd ₹5,283.73

103

2.70 (-2.55%)

102.3 - 105View Peer Comparison
Rajasthan Petro Synthetics Ltd ₹5.05

2

0.00 (0.00)

2 - 2.45View Peer Comparison
DJ Mediaprint & Logistics Ltd ₹250.56

236

5.55 (2.41%)

227.1 - 239.5View Peer Comparison
JITF Infra Logistics Ltd ₹1,622.29

643

0.75 (-0.12%)

617.35 - 649View Peer Comparison
Marinetrans India Ltd ₹39.45

30.9

0.10 (-0.32%)

30.9 - 30.9View Peer Comparison

What's Trending

Allcargo Logistics FAQs

What is the Share price of Allcargo Logistics (ALLCARGO)?

Allcargo Logistics (ALLCARGO) share price as of April 19, 2024, on NSE is Rs 70.70 (NSE) and Rs 70.92 (BSE) on BSE.

Can I buy Allcargo Logistics (ALLCARGO) shares?

Yes, You can buy Allcargo Logistics (ALLCARGO) shares by opening a Demat account with Angel One.

How do I buy Allcargo Logistics (ALLCARGO) from Angel One?

Allcargo Logistics (ALLCARGO) share can be brought through the following modes:
  1. Direct investment: You can buy Allcargo Logistics (ALLCARGO) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Allcargo Logistics (ALLCARGO) shares.

Is Allcargo Logistics a Debt free Company?

No, Allcargo Logistics is not a debt free company.

What is the main business of Allcargo Logistics?

The main business of Allcargo Logistics is to provide various logistic services, including LCL consolidation in exports and Imports, FCL forwarding, Air freight services, international transhipment at Chennai and Nhava Sheva Ports, and pan India Multi-City exports and imports consolidation.

Who are the promoters of Allcargo Logistics?

Some of the top promoters of Allcargo Logistics are Shashi Kiran Shetty, Shloka Shetty Trust ( Shashi Kiran Shetty as a Trustee), Arathi Shetty, Adarsh Sudhakar Hegde, and Priya Adarsh Hegde.

What are the Subsidiaries that comes under Allcargo Logistics?

The main subsidiaries that come under Allcargo Logistics are Ecunordicon AB, Nordicon AB Subsidiary, Nordicon A/S, Nordicon Terminals AB, RailGate Nordic Subsidiary, PFC Nordic AB, and Speedy Multimodes Limited.