ALLCARGONSENovember 10, 2023

Allcargo Logistics Limited

5,849words
1turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs,
November 10, 2023 To, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400001 BSE Scrip Code: 532749 Dear Sir/Madam, Sub: Investor Prese
₹ 3,307
nd projections. 2 KEY FINANCIAL HIGHLIGHTS – CONSOLIDATED Q2FY24 Revenue Reported EBITDA Debt ₹ 3,307 Crs ₹ 118 Crs -35% YoY +1% 1% QoQ -68% 16% YoY -15% -2% 2% QoQ ₹ 856 Crs Gross Debt
₹ 118
. 2 KEY FINANCIAL HIGHLIGHTS – CONSOLIDATED Q2FY24 Revenue Reported EBITDA Debt ₹ 3,307 Crs ₹ 118 Crs -35% YoY +1% 1% QoQ -68% 16% YoY -15% -2% 2% QoQ ₹ 856 Crs Gross Debt ₹ 120 Crs N
35%
ANCIAL HIGHLIGHTS – CONSOLIDATED Q2FY24 Revenue Reported EBITDA Debt ₹ 3,307 Crs ₹ 118 Crs -35% YoY +1% 1% QoQ -68% 16% YoY -15% -2% 2% QoQ ₹ 856 Crs Gross Debt ₹ 120 Crs Net Debt
1%
LIGHTS – CONSOLIDATED Q2FY24 Revenue Reported EBITDA Debt ₹ 3,307 Crs ₹ 118 Crs -35% YoY +1% 1% QoQ -68% 16% YoY -15% -2% 2% QoQ ₹ 856 Crs Gross Debt ₹ 120 Crs Net Debt Particular
68%
LIDATED Q2FY24 Revenue Reported EBITDA Debt ₹ 3,307 Crs ₹ 118 Crs -35% YoY +1% 1% QoQ -68% 16% YoY -15% -2% 2% QoQ ₹ 856 Crs Gross Debt ₹ 120 Crs Net Debt Particulars Internationa
16%
TED Q2FY24 Revenue Reported EBITDA Debt ₹ 3,307 Crs ₹ 118 Crs -35% YoY +1% 1% QoQ -68% 16% YoY -15% -2% 2% QoQ ₹ 856 Crs Gross Debt ₹ 120 Crs Net Debt Particulars International Su
15%
Revenue Reported EBITDA Debt ₹ 3,307 Crs ₹ 118 Crs -35% YoY +1% 1% QoQ -68% 16% YoY -15% -2% 2% QoQ ₹ 856 Crs Gross Debt ₹ 120 Crs Net Debt Particulars International Supply Chain
2%
ue Reported EBITDA Debt ₹ 3,307 Crs ₹ 118 Crs -35% YoY +1% 1% QoQ -68% 16% YoY -15% -2% 2% QoQ ₹ 856 Crs Gross Debt ₹ 120 Crs Net Debt Particulars International Supply Chain Con
₹ 856
BITDA Debt ₹ 3,307 Crs ₹ 118 Crs -35% YoY +1% 1% QoQ -68% 16% YoY -15% -2% 2% QoQ ₹ 856 Crs Gross Debt ₹ 120 Crs Net Debt Particulars International Supply Chain Contract Logistics*
₹ 120
rs ₹ 118 Crs -35% YoY +1% 1% QoQ -68% 16% YoY -15% -2% 2% QoQ ₹ 856 Crs Gross Debt ₹ 120 Crs Net Debt Particulars International Supply Chain Contract Logistics* Express (GESCPL) ₹ Cr
90%
ati Express Supply Chain as well as Allcargo Supply Chain and increased shareholding in Nordicon to 90%. This has been enabled by strong internal accruals. The company has demerged strategic business un
Risks & concerns — 3 flagged
This mix declines in a weak environment where lower volume availability leads to a shift from 40 feet container to a 20 feet container.
— Key Update
In a downturn, the volumes decline, and resultantly certain direct routes may need to be serviced through transhipment hubs to ensure efficient consolidation  Value Addition: Higher value addition leads to better yields.
— Key Update
Our initiatives like Port to Door help support the LCL yield  Limited impact of ocean freight: Unlike FCL yield, ocean freight rates have limited impact on the LCL yield.
— Key Update
Advertisement
Speaking time
Key Update
1
Opening remarks
Key Update
CORE CAPABILITIES Pan India Presence • The Contract Logistics business got transferred to our 100% subsidiary Allcargo Supply Chain Private Limited on this remaining 17 May 2023. The Company bought 38.87% stake in the JV ACCI for a consideration of INR 163 cr. • At the same time, Allcargo has sold its 61.13% stake in JV housing the custom clearance business, thereby fully exiting this non-core business for a consideration of INR 39 cr. Contract Logistics - Revenue & EBITDA (₹ Cr, assuming 100% ownership) Revenue EBITDA Revenue EBITDA 344 341 83 255 104 136 121 29 75 32 76 36 FY21 FY22 FY23 Q2FY23 Q1FY24 Q2FY24 50 WAREHOUSES ACROSS INDIA ~5 Mn WAREHOUSE SPACE UNDER MANAGEMENT (SQ. FT) ~95% CURRENT WAREHOUSE UTILIZATION 45 WAREHOUSE LOCATIONS ACROSS INDIA 100+ CUSTOMERS ACROSS FOCUSED INDUSTRY SECTORS Contract Logistics – Allcargo Supply Chain Note: Depreciation on RoU assets was 25cr and Interest Expense on lease obligation was 9cr in Q2FY24; Q1FY24 and Q2FY23 numbers above are shown as
Advertisement
← All transcriptsALLCARGO stock page →