Allcargo standalone profit gets support from other income and tax credit
Operating profit was Rs 61 cr, but interest and depreciation reduced profit before tax to Rs 15 cr before the tax credit lifted net profit.
Filed 27 Aug 2026, 15:24 IST · ALLCARGO (ALLCARGO)
Key takeaways
- Allcargo's standalone operating profit was Rs 61 cr on Rs 514 cr revenue, resulting in an operating margin of 11.87%.
- Standalone net profit of Rs 19 cr was aided by a Rs 4 cr tax credit, reflected in a -26.67% tax rate.
- Other income of Rs 20 cr exceeded the Rs 15 cr standalone profit before tax, making non-operating income material to reported earnings.
Operating profit was reduced sharply by below-the-line charges
Allcargo's standalone quarter generated Rs 61 cr of operating profit from Rs 514 cr of revenue, with an operating margin of 11.87%. Interest of Rs 15 cr and depreciation of Rs 51 cr reduced profit before tax to Rs 15 cr. Net profit was Rs 19 cr after the tax credit.
Other income and the tax credit shaped earnings quality
Other income of Rs 20 cr was higher than profit before tax of Rs 15 cr, showing that reported earnings were materially supported by non-operating income. Tax was a negative Rs 4 cr, producing a -26.67% tax rate and lifting net profit above profit before tax. This makes operating profit a clearer measure of the quarter's core performance than net profit alone.
Management outlined expansion, digitisation and greener logistics
Management said it plans to scale sustainably through stronger customer partnerships and deeper market penetration. The presentation says the company plans to solarize additional facilities, while its digital ecosystem includes a control tower, booking app, finance ERP transformation, WMS, consignee app and customer portal. Management also said it is conducting a three-month pilot to assess the feasibility, operations and profitability of EV and CNG logistics.
Q4FY26 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q4FY26 |
|---|---|
| Revenue | ₹514 cr |
| Other income | ₹20 cr |
| Expenses | ₹453 cr |
| Operating profit | ₹61 cr |
| Operating margin (%) | 11.87% |
| Interest | ₹15 cr |
| Depreciation | ₹51 cr |
| Profit before tax | ₹15 cr |
| Tax | ₹-4 cr |
| Net profit | ₹19 cr |
| EPS (₹) | ₹0.13 |
What management said
From the company’s own investor presentation. Each point is checked against the source document before it appears here.
Guidance & outlook
- The company plans to scale the business sustainably through stronger customer partnerships and deeper market penetration.
Expansion
- The company plans to solarize additional facilities with Allcargo Supply Chain.
New initiatives
- The digital ecosystem includes a control tower, new booking app, finance ERP transformation, WMS, consignee app and customer portal.
- The company is conducting a three-month pilot to assess EV and CNG feasibility, operations and profitability.
- The express and consultative logistics merger is intended to provide integrated end-to-end fulfillment logistics solutions.
- The company is focusing on the top 200–250 key enterprise accounts to drive cross-selling opportunities.
Problems & risks
- The presentation identifies increasing customer expectations as a business challenge.
What to watch
- Whether operating margin holds at 11.87%.
- Whether other income remains material relative to the Rs 15 cr profit before tax.
- Updates from the three-month EV and CNG feasibility pilot.