Allcargo Terminals FY26 PAT up 46%, Q4 returns to profit

Key takeaway from the audited FY26 results

Allcargo Terminals Limited (ATL) reported a sharp improvement in profitability in FY26, supported by higher container volumes and stronger operating earnings. In its audited financial results for the quarter and year ended March 31, 2026, the company posted consolidated profit after tax (PAT) of ₹44 crore for FY26, up from ₹30 crore in FY25. Annual volumes increased to 7.23 lakh TEUs, a 6% year-on-year rise.

The March quarter also stood out for the shift back to profit. ATL reported consolidated PAT of ₹9 crore in Q4 FY26, reversing a net loss of ₹2 crore in Q4 FY25. Revenue for the quarter rose to ₹208 crore from ₹186 crore a year ago, reflecting steady growth in throughput and operating activity across its terminal network.

FY26: Profit growth outpaces revenue

For FY26, consolidated revenue was reported at ₹821 crore versus ₹758 crore in FY25. Over the same period, EBITDA increased to ₹162 crore, up 26% from ₹128 crore in FY25. The combination of higher volumes and better operating performance lifted full-year PAT by 46% to ₹44 crore.

ATL’s annual volume number is a key operating indicator for the business. The company reported annual volumes of 7.23 lakh TEUs in FY26, compared with the previous year on a 6% year-on-year growth basis. The audited print also aligns with management commentary elsewhere in FY26 that volumes were improving across facilities and capacity additions were beginning to show “green shoots of capacity expansion in key markets.”

Q4 FY26: Turnaround quarter with PAT at ₹9 crore

In Q4 FY26, consolidated revenue came in at ₹208 crore, up from ₹186 crore in Q4 FY25. EBITDA for the quarter rose to ₹44 crore compared with ₹34 crore in the corresponding quarter last year. Most importantly, consolidated PAT turned positive at ₹9 crore, compared with a loss of ₹2 crore in Q4 FY25.

The Q4 performance matters because it reflects both operating leverage and the stabilisation of quarterly profitability. The quarter also comes at the end of a year in which the company disclosed it achieved debt-free status during Q4 FY26 after repaying all outstanding borrowings.

Snapshot: Quarterly and annual financials (consolidated)

Standalone picture: FY26 profit lower, income higher

On a standalone basis, the company reported a net profit of ₹39.70 crore for FY26, compared with ₹52.95 crore in the previous year. Standalone income from operations rose to ₹564.20 crore in FY26 from ₹513.71 crore in FY25.

The divergence between consolidated and standalone profit trends is notable in the disclosed numbers. While consolidated PAT rose year-on-year, standalone profit declined, even as standalone income from operations increased. The company’s release in the provided text does not specify drivers for the standalone decline.

Monthly operating volumes: March 2026 performance

ATL reported total container volumes of 58.6 thousand TEUs for March 2026, up 4% year-on-year from March 2025 and 2% month-on-month. The CFS segment contributed 54 thousand TEUs with 8% year-on-year growth, while ICD operations through the CONCOR joint venture handled 4 thousand TEUs.

These monthly disclosures help track the underlying throughput trend beyond quarterly headline numbers. The split also highlights where growth is being reported, with CFS volumes accounting for the bulk of the March total.

Rights issue and partly paid shares: what was disclosed

The company disclosed that it successfully concluded a rights issue raising ₹80 crore, with oversubscription of 53.39%, and allotted nearly 4 crore partly paid-up shares. Separately, it also referenced allotment of 3,97,98,999 partly paid equity shares on a rights basis, and a newspaper publication dated December 13, 2025 for the basis of allotment.

ATL also submitted a Q4 FY26 compliance certificate for partly paid shares on April 8, 2026. These updates indicate continuing exchange-related compliance and capital-raising actions alongside operating execution.

What management said earlier in FY26: volume growth and capacity

In its Q3 FY26 earnings conference call transcript submitted under SEBI Regulation 30(6), management highlighted robust quarterly performance with 18% volume growth and 28% net profit increase, along with achievement of debt-free status and capacity expansion from 8.3 to 10 lakh TEUs annually.

The same call disclosures included Q3 FY26 operating numbers: volume handling of 1,76,560 TEUs (18% year-on-year growth and 5% quarter-on-quarter improvement), revenue of ₹218 crore (17% year-on-year), and EBITDA excluding other income of ₹43 crore (31% year-on-year). For the nine months ended December 31, 2025, total volume stood at 4,96,296 TEUs with revenue of ₹613 crore.

Stock and price references mentioned in the text

The provided text includes multiple market snapshots. It lists performance bands of 1D +0.27%, 1M +29.10%, 6M -19.18%, 1Y +9.70%, and 5Y -43.12%. It also shows a price reference of 23.49 at 15:46 on 09-03-2026.

In a separate disclosure linked to Q2 FY26 coverage, it states the share price closed at ₹33.50 on the NSE with a decline of 1.12%. Another snapshot notes the stock last traded at ₹34.19 on 27 Oct, 2025, up 0.09% from the previous close of ₹34.16.

Why the FY26 update matters for investors tracking logistics

The audited FY26 print puts three signals on the table: higher annual volumes, higher EBITDA, and a meaningful improvement in consolidated profitability. The Q4 reversal to profit, from a loss in the year-ago quarter, strengthens the narrative that operating performance improved into the end of the year.

Separately, the debt-free status statement made during FY26, along with the rights issue completion, frames how the company has managed its balance sheet and funding. For a terminal operator where capacity expansion is frequently linked to capital allocation, these disclosures are relevant context alongside the revenue and margin trajectory.

Conclusion

Allcargo Terminals ended FY26 with consolidated PAT of ₹44 crore, up 46% year-on-year, and Q4 FY26 PAT of ₹9 crore on revenue of ₹208 crore. Volumes rose to 7.23 lakh TEUs for the year, and March 2026 volumes were reported at 58.6 thousand TEUs. The next set of company filings and any further updates on capacity and operations will remain key datapoints for tracking execution after the audited FY26 close.