Allcargo Logistics Ltd

AGM notice and annual report access

• 33rd AGM scheduled Sept 16, 2026 at 3:00 PM IST via VC/OAVM.
• Annual Report FY2025-26 will be accessible on the company's website.
• Notice and annual report are also available on BSE/NSE portals.
• Recipients with unregistered emails will access via the provided links.

KYC update and dematerialisation reminder

• SEBI circular requires updating KYC for shareholders in physical mode.
• Reminder to register email, PAN, address, mobile details, and nomination options.
• Physical-holders without updated KYC or nomination may receive payments only electronically.

AGM notice and annual report access

• 33rd AGM scheduled for September 16, 2026 at 3:00 PM IST via VC/OAVM.
• Annual report notice and details accessible via allcargologistics.com and stock exchange portals.
• KYC updates required under SEBI circular; requirements include PAN, address, mobile, bank details, and nomination.
• Physical folios lacking key details must receive payments electronically from April 1, 2024.
• Shareholders should update email addresses and KYC via depositories or RTA; queries to investor relations.

Overview

• Standalone BRSR for FY2025-26; Express Logistics 70%, Consultative Logistics 30%.
• 363 Indian locations (333 plants, 30 offices); presence across 36 states; international footprint limited to India.
• Reporting boundary is standalone; BRSR Core not externally assured.

Key ESG Risks & Opportunities

• Net-zero carbon neutrality target by 2040 with extensive AFV expansion.
• Over 500 AFVs deployed for last-mile delivery; exploring LNG and other low-carbon options.
• Solar rooftop capacity expanded to 7 sites; Open Access renewable energy considered.
• Renewables contribute ~7% of total energy; energy intensity 18.52 GJ/₹ crore turnover.
• Road transport drives Scope 3 emissions; mitigated via AFVs and API-based tracking.
• Two LTI incidents in Express division; CAPA actions implemented.
• No FY26 human rights violations; robust HR policies and whistleblower mechanisms.
• Board-approved policies cover HR, environment, governance; ISO 27001 and BitSight rating 'Advanced'.

Governance & Policy Highlights

• Board-level ESG Steering Committee oversees ESG strategy; multiple policies (P1–P9) approved by Board.
• Zero external assurance on BRSR Core; no material non-compliance reported.
• CCI penalty of INR 50 lakh for acquisition-related non-notification; paid within timeline.
• ISO 27001:2022 certified; BitSight rating 'Advanced' (800).
• HR, POSH, supplier conduct policies; governance framework reinforced by Whistleblower policy.
• No external assurance on environmental parameters; policies align with GRI/UNGC frameworks.

Social Responsibility & Workforce

• Total workforce 11,136; permanent 2,675; majority male; female share ~13%.
• Board female representation 25% (2 of 8); KMP female share 0%.
• LTIFR for employees 0.077; 2 total injuries; 0 fatalities; ISO 45001 at 15 locations.
• Well-being spend INR 3.51 crore; about 0.17% of revenue.
• PF/gratuity 100% for permanent; ESI 40% for permanent employees.
• Differently-abled employees: 11 (all male); offices and warehouses increasingly accessible.
• Grievance mechanisms include Grievance Resolution Committee, POSH, and whistleblower channels.
• Wages: female gross wages about 10.14% of total wages; training covers health and safety extensively.

Environmental Performance

• Total energy consumption: 38,138.9 GJ; renewables 2,687.2 GJ; non-renewables 35,451.7 GJ.
• Energy intensity: 18.52 GJ per ₹ crore turnover; PPP: 376.7.
• Scope 1: 388.8 tCO2e; Scope 2: 4,703.8 tCO2e; total 5,092.6 tCO2e; intensity 2.28.
• Scope 3 emissions: 949,214 tCO2e; intensity 461.14 tCO2e per ₹ crore turnover.
• ISO 14001 certified across 14 locations; RECDs at high-pollution sites; 150,000 trees planted this year.
• AFV fleet over 500; solar rooftop plans to exceed 1.1 MW; 100% electric MHE in use.
• Open Access renewable energy procurement; 0 Green Credits; waste/water data not tracked yet.

Stakeholder Engagement & Complaints

• Stakeholders engaged: employees, investors, customers, suppliers, government/regulators, communities.
• Engagement channels: intranet, emails, surveys; frequency: daily/weekly for employees; quarterly/annual for investors.
• Materiality assessment conducted FY23; to be refreshed every five years.
• Grievance mechanisms include Grievance Resolution Committee, POSH, whistleblower channels; community CSR grievances handled via CSR team.

Other Notable Metrics

• Data privacy: zero data breaches FY26; ISO 27001:2022; BitSight rating 800; MFA and NIST-aligned controls.
• Supplier ESG: ~20% of tier-1 suppliers ESG-assessed; Sustainable Procurement Policy in place.
• CSR basis: Avashya Foundation; focus areas include Health, Education, Gender Equality, Decent Work, Reduced Inequalities.
• Tree planting: over 1 million trees since 2015; ~150,000 trees planted this year.
• No external assurance on environmental parameters; no Green Credits issued.

Financial performance

• Consolidated revenue from operations ₹2,055 crore.
• EBITDA ₹233 crore; +16% YoY.
• PAT ₹8 crore.
• Net debt negative ₹29 crore.
• Dividend for FY25-26 not declared.

Segment performance

• Express Distribution revenue ₹1,442 crore.
• Express Distribution volume 12.3 lakh MT.
• Consultative Logistics revenue ₹615 crore.
• CL warehousing footprint 8 million sq ft.
• CL revenue growth 17% YoY.

AGM Details

• AGM scheduled for 16 September 2026 at 3:00 PM IST via VC/OAVM.
• Cut-off date for voting eligibility: 9 September 2026.
• Remote e-voting window: 13–15 September 2026.
• Deemed venue: registered office; meeting conducted via VC/OAVM.

Key Resolutions

• Adoption of standalone and consolidated financial statements for FY2025-26.
• Re-appointment of Kaiwan Dossabhoy Kalyaniwalla as director, retire by rotation.
• Special: Approval of remuneration/commission to non-executive directors.
• Special: Continuation of Dinesh Kumar Lal as non-exec independent director beyond age 75.

Resignation of Chairman and Director

• Resignation from Director and Chairman, ceasing as Chairman and MD, effective close of business hours Aug 5, 2026.
• Due to other professional and personal commitments requiring attention.
• Shashi Kiran Shetty: Director and Chairman; Founder & Chairman, Allcargo Group.
• Regulatory disclosure submitted to Exchange on Aug 5, 2026.
• No replacement details announced as of filing.

Director/Chairman resignation

• Resignation of Mr. Shashi Kiran Shetty, Director and Chairman, accepted; effective Aug 5, 2026 (close of business hours).

Meeting Details

• Date and time: August 6, 2026 at 3:30 p.m. IST.
• Type and mode: earnings conference call, virtual/listen-only.
• Event: Q1 FY27 Earnings Conference Call by Allcargo Logistics Limited.
• Recording/presentation: conference recording; presentation and press release on company site.
• Transcript availability: attached in filing.

Participants

• MD & CEO (Allcargo Logistics) participated.
• CFO (Allcargo Logistics) participated.
• Investor Relations head (Allcargo Logistics) participated.
• President & Chief Business Officer (Allcargo Group) participated.
• Moderator: Stellar IR Advisors.

Purpose

• To present Q1 FY27 operating and financial highlights.
• Followed by a Q&A session with investors.
• Discuss Express and Consultative Logistics performance and outlook.

Additional Notes

• Transcript included in filing.
• Results presentation and press release uploaded on company website.
• Conference call was recorded.

Financial Performance

• Consolidated revenue for Q1 FY27 at INR 546 crores, up 11.2% YoY and 6.2% sequentially.
• Gross profit rose 11.6% YoY to INR 163 crores.
• EBITDA stood at INR 71 crores, up 39.2% YoY and 18.9% QoQ.
• Express volumes grew 6.7% YoY to 312,000 tonnes; realization per tonne up 6.4%.
• Consultative Logistics revenue grew 6.1% YoY; space under management steady at 7.5 million sq ft.
• Profitability improving due to service quality, productivity, and disciplined execution.

Operating Update

• Express gross margin rose to 26.3%, from 25.3% prior year.
• Express EBITDA margin is 6.2%; 3-year plan targets 10%.
• CL space under management stable at 7.5 million sq ft; revenues up 6.1% YoY and 6.3% sequentially.
• Express mix: KEA about 60%, strategic about 20%, retail about 20%; air about 5%, road 95%.
• E-commerce/Quick-commerce vertical remains a growth driver in CL.

Outlook and Guidance

• FY27 growth to outpace the logistics industry; margins to improve.
• Capex guidance: Express hubs INR 10–15 crores; CL around INR 20 crores.
• 3-year plan targets 10% EBITDA margin; current trajectory toward that level.
• Diesel price hikes passed through via DPH mechanism; price realization ongoing.
• E-commerce/CL growth to continue; CL to lead expansion in coming years.

Q&A Highlights

• Express gross margin 26.3%; EBITDA margin 6.2%; trajectory toward 10% in 3 years.
• Capex allocation: Express hubs INR 10–15 crores; CL around INR 20 crores.
• KEA ~60%, strategic ~20%, retail ~20% mix in Express.
• About 95% of Express business is road, 5% air.
• Diesel price hikes passed through via transparent mechanism; price realization ongoing.
• CL margin around 28–29% in Q1; CL more profitable than Express.