CONSOLIDATED REVENUE FROM OPERATIONS FOR THE YEAR AT RS 1,321 CRORE
– Y-O-Y INCREASE OF 35%
84% OF REVENUE FROM GLOBAL MTO BUSINESS
CONSOLIDATED EBIDTA AT RS 118 CRORE – Y-O-Y INCREASE OF 32%
CONSOLIDATED EBIT AT RS 84 CRORE – Y-O-Y INCREASE OF 23%,
CONSOLIDATED PAT AT RS 49 CRORE – Y-O-Y INCREASE OF 27%
August 07, 2014, Mumbai: Allcargo Logistics Ltd. today announced its un-audited financial results for the quarter ended June 30, 2014.
The performance highlights are:
Consolidated Results – Q1 FY15
- Total revenue from operations at Rs. 1,320.6 crore for the quarter ended June 30, 2014, as against Rs. 980.1 crore for the corresponding previous period, an increase of 35%, mainly on account of increase in volumes and revenues in the MTO (that include the two acquisitions in USA and Europe) and CFS businesses. 84% of the revenue is from the global MTO business
- EBIDTA at Rs. 118.1 crore for the quarter ended June 30, 2014, as against Rs. 89.4 crore for the corresponding previous period, an increase of 32%
- EBIT at Rs. 83.7 crore for the quarter ended June 30, 2014, as against Rs. 68.0 crore for the corresponding previous period, an increase of 23%
- PAT at Rs. 49.0 crore for the quarter ended June 30, 2014, as against Rs. 38.7 crore for the corresponding previous period, an increase of 27%
- EPS for the quarter ended June 30, 2014 was Rs 3.9, for a face value of Rs. 2 per share, an increase of 30%
Business Performance:
Allcargo operates primarily in three segments, viz., Multimodal Transport Operations, Container Freight Stations Operations and Project & Engineering Solutions. These are consolidated business segments.
Multimodal Transport Operations (MTO):
- MTO segment involves NVOCC (Non Vessel Owning Common Carrier) operations related to LCL (Less than container load) consolidation and FCL (Full container load) forwarding activities in India and across the world through its wholly owned subsidiary ECU Line
- Allcargo is amongst the leading players in the global LCL consolidation market with a strong network across 90 plus countries and 200 plus offices covering over 4,000 port pairs across the world
- The business clocked total volumes of 1,01,937 TEUs for the quarter ended June 30, 2014 as against 72,563 TEUs for the corresponding previous period, an increase of 40%. Volumes of Q1 FY15 include the acquisitions of Econocaribe and FCL Marine
- The total revenue for the quarter ended June 30, 2014 was Rs 1,131 crore as against Rs 811 crore for the corresponding previous period, an increase of 39%. The revenue of Q1 FY15 includes the two acquisitions of Econocaribe and FCL Marine
- EBIT was Rs. 50 crore for the quarter ended June 30, 2014, as against Rs. 36 crore for the corresponding previous period, an increase of 38%. EBIT of Q1 FY15 includes the two acquisitions of Econocaribe and FCL Marine
Container Freight Stations (CFS) / Inland Container Depot (ICD) Operations:
- This segment operations are involved in import / export cargo stuffing, de-stuffing, customs clearance and other related ancillary services to both, importers and exporters
- The CFS facilities are located near JNPT, Chennai and Mundra ports
- The total capacity of the CFSs and ICDs at the end of June 30, 2014 is 5,73,000 TEUs per annum
- The business clocked total volumes of 54,037 TEUs for the quarter ended June 30, 2014 as against 45,496 TEUs for the corresponding previous period, an increase of 19%
- The total revenue for the quarter ended June 30, 2014 was Rs 91 crore as against Rs 74 crore for the corresponding previous period, an increase of 22%
- EBIT was Rs. 24 crore for the quarter ended June 30, 2014, as against Rs. 21 crore the corresponding previous period, an increase of 18%
Project & Engineering Solutions (P&E):
- Project & Engineering Solutions segment provides integrated end-to-end project, engineering and logistic services through a diverse fleet of owned / rented special equipment like hydraulic axles, cranes, barges, reach-stackers and ships to carry ODC / OWC cargos as well as project engineering solutions across various sectors
- The total revenue for the quarter ended June 30, 2014, was Rs. 117 crore as against Rs. 112 crore for the corresponding previous period, an increase of 4%
- EBIT was Rs. 8 crore for the quarter ended June 30, 2014, as against Rs. 21 crore for the corresponding previous period
| Particulars | No of shares | % Holding |
| Promoters | 91,134,025 | 72.3% |
| Foreign Investors – FIIs, FCs, NRIs and others | 31,800,832 | 25.2% |
| Domestic institutions/ Banks/ Mutual Funds | 196,604 | 0.2% |
| Indian Public | 2,916,301 | 2.3% |
| Total – 5,209 shareholders | 12,60,47,762 | 100.0% |
About Allcargo Logistics Limited
Allcargo Logistics Ltd., part of The Avvashya Group, is a leading multinational company providing integrated logistics solutions. The company offers specialized logistics services across Multimodal Transport Operations, Container Freight Station Operations and Project & Engineering Solutions. Benchmarked quality standards, standardized processes and operation excellence across all the services and facilities, have enabled Allcargo Logistics Ltd. to emerge as the market leader in all these segments.
The company currently operates out of 200 plus offices in 90 plus countries and gets supported by an even larger network of franchisee offices across the world. Allcargo is today one of India’s largest publicly owned logistics companies, listed on the Bombay Stock Exchange (BSE: ALLCARGO) and The National Stock Exchange of India (NSE: ALLCARGO).