Allcargo Terminals Q3 FY26: Revenue ₹218 Cr, PAT ₹15 Cr

Key developments: earnings and operating update

Allcargo Terminals Ltd reported a stronger third quarter performance alongside a steady operating update for February 2026. The company’s latest earnings were reported for Q3 FY25-26, with the earnings date noted as 10 February 2026. In the quarter, revenue rose to around ₹218 crore, supported by higher handled volumes and capacity additions at Jawaharlal Nehru Port Authority (JNPA), along with organic growth across its pan-India network.

Separately, the company reported year-on-year growth in container throughput for February 2026. February volumes increased despite fewer operational days compared with January, and the average daily volume stayed broadly stable. The update points to consistent execution as the company moves ahead with expansion plans.

February 2026 throughput rises 8% year-on-year

Allcargo Terminals handled 57.6 thousand TEUs in February 2026, an 8% increase over February 2025. The company flagged this as a positive indicator of momentum in its operating performance. The update also highlighted the importance of stable daily volumes as the company prepares to handle growing cargo volumes.

On a month-on-month basis, February’s total throughput was lower than January 2026. February 2026 throughput was down 9% compared with January 2026, which the company attributed largely to February having three fewer operational days.

Daily run-rate holds steady despite fewer operating days

The February update emphasised average daily volumes as a cleaner view of underlying operations. Average daily volume in February 2026 was around 2,058 TEUs. This was close to January’s average of about 2,046 TEUs.

With fewer operational days in February, maintaining a similar daily run-rate helped explain why the month’s total volumes fell sequentially even as operational intensity remained steady. The data supports the company’s broader messaging on reliable operational efficiency across its terminals.

Q3 FY26 results: revenue and profit growth

For the quarter ended December 31, 2025 (Q3 FY26), Allcargo Terminals reported revenue of about ₹218.3 crore, up 16.6% year-on-year from ₹187.3 crore. On a sequential basis, revenue was up from ₹207.2 crore in Q2 FY26.

Profitability improved as well. The company reported consolidated net profit (PAT) of ₹15.0 crore for Q3 FY26, compared with ₹11.8 crore in Q3 FY25. Sequentially, PAT was ₹11.3 crore in Q2 FY26.

A separate data snapshot also listed quarterly revenue at 218 (₹ crore), gross profit at 26 (₹ crore), and net profit at 12 (₹ crore), along with QoQ and YoY percentage changes. The company’s detailed financial results statement for the quarter reported PAT at ₹15.0 crore.

EBITDA and margins show operating leverage

Allcargo Terminals reported EBITDA of ₹42.5 crore to ₹42.6 crore for Q3 FY26, compared with ₹32.9 crore to ₹32.5 crore in the year-ago quarter (Q3 FY25). The company also reported an EBITDA margin of 19.5% in Q3 FY26, up from 17.6% in Q3 FY25.

The company linked the improvement to operating leverage, process focus, and execution of growth initiatives. It also cited capacity additions at JNPA and organic growth across its Container Freight Station (CFS) and Inland Container Depot (ICD) network as key drivers.

Record quarterly volumes and network-led growth

Operationally, Allcargo Terminals reported its highest-ever quarterly volumes in Q3 FY26 at 1.76 lakh TEUs (1,76,560 TEUs). This represented an 18% year-on-year increase, and the company also cited a 5% increase over Q2 FY26.

For the nine months ended (9M FY26), revenue was reported at ₹613 crore, up 7% over 9M FY25. Net profit for 9M FY26 was ₹35 crore, up 9% year-on-year. Volumes for 9M FY26 were 4,96,296 TEUs, up 7% year-on-year.

Expansion activity: rights issue and capacity addition near JNP

The company operates a network of CFS and ICD facilities at major ports including JNPT, Mundra, Chennai, and Kolkata, and is part of the Allcargo Group. It follows an asset-light model.

In December 2025, it completed an ₹80 crore rights issue to fund growth. In January 2026, it expanded its CFS facility near JNP to 3.6 lakh TEUs annually. These steps sit alongside its broader three-year strategic plan, which the company described as showing early success through the quarter’s record volumes.

What the updates mean for investors tracking logistics

The February operating update adds a near-term read-through on volumes after the quarter ended. An 8% year-on-year rise in February throughput, coupled with a steady daily run-rate, signals that volumes did not soften simply due to calendar effects.

From the quarterly results, the combination of higher volumes, improved EBITDA, and better margins indicates stronger operating leverage during Q3 FY26. The company attributed the revenue growth to volume-led performance and capacity additions, particularly at JNPA, alongside organic growth across the broader network.

Key numbers at a glance

February throughput: total vs daily trend

Conclusion

Allcargo Terminals reported higher Q3 FY26 revenue and profitability, supported by record quarterly volumes and a stronger EBITDA margin. The February 2026 operating update showed an 8% year-on-year increase in throughput, while daily volumes stayed close to January levels despite fewer operating days. The company has already raised growth funding through an ₹80 crore rights issue and expanded capacity near JNP to 3.6 lakh TEUs annually, positioning its network for higher handled volumes as its three-year plan progresses.