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₹1,369Cr
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Allcargo Global is the world’s largest consolidator of small, cross-border freight - it combines shipments from many businesses into shared containers so each pays only for the space they use, a model that has made it the number-one player with a 14% global share. The company was formed in its current shape after a 2025 demerger that separated the Allcargo Group’s international supply chain arm into an independent listed entity, giving it a dedicated management team and a sharper focus on global trade. Everything the business does flows from a single recurring approach: own the offices, own the technology platform, and control the carrier relationships directly in the markets that matter, then fill in the rest of the world through a franchise network - a model that covers over 90% of global trade.
# Business segments
A single global engine - moving freight across borders for businesses - delivered through one integrated network, one brand and one technology backbone.
## 1. International freight consolidation: the world’s biggest shared-container network
**It earns a margin on every cubic metre, container and kilogram it moves by buying carrier space in bulk and selling it in smaller pieces to thousands of businesses, with the scale to get better rates than almost anyone else.**
- **Consolidation is the core** - the business takes Less-than-Container-Load (LCL) shipments from multiple customers and combines them into a single container, so a factory shipping a few pallets pays only for the space it uses rather than a whole box; it moved 8.5 million cubic metres of LCL in FY26, making it the largest LCL consolidator globally.
- **Full containers and air too** - beyond LCL, it offers Full-Container-Load (FCL) for customers with enough cargo to fill a box (643,000 TEU in FY26) and air freight (33,000 tons), plus a combined Air + Sea product called Xcelerate for shipments that need to move faster than ocean but cheaper than pure air.
- **Door-to-door, not just port-to-port** - the service wraps in customs clearance, warehousing and last-mile delivery, so a customer gets a single point of contact for the entire journey rather than stitching together multiple vendors.
- **Long-standing carrier deals lock in capacity** - the company has built relationships with shipping lines over decades, giving it assured access to vessel space even when global capacity is tight, which is a critical advantage in a business where a missed sailing can break a supply chain.
- **B2B across every industry** - the customer base is broad and diversified, with a structured key-account programme for large multinationals and a technology-led inside-sales engine to reach smaller, long-tail customers in markets like China and Latin America.
## 2. Cross-border e-commerce logistics: the small-parcel bet on global online shopping
**It moves goods ordered online across borders for businesses selling direct to consumers, a service built on the same consolidation logic but tuned for parcels rather than pallets.**
- **A dedicated e-commerce lane** - the company offers a cross-border e-commerce logistics service that handles the flow of small parcels from online sellers to overseas buyers, tapping the same global office network that feeds its core LCL business.
- **Same network, different package** - because the service runs on the existing 200-office, 60-country infrastructure, it can be added at marginal cost, turning fixed overhead into a new revenue stream without building a separate delivery network.
# Technology and digital platform
**A single, cloud-native operating system - being rebuilt with AI - runs the entire global business, turning fragmented freight data into automated decisions.**
- **One system for the world** - the core platform, iTopaz, is being re-architected to a cloud-native, AI-enabled architecture, giving every office from Mumbai to Miami the same processes, data standards and customer interface.
- **AI that prices, reads and books** - the AI roadmap includes pricing intelligence that recommends rates at the individual trade-lane level, an email engine that captures customer enquiries and drafts responses, and a booking tool that converts emails into confirmed shipments with human validation, all aimed at cutting the manual work that eats margin in freight.
- **Documents that process themselves** - document AI transforms unstructured paperwork into structured data, while invoice intelligence automates processing and flags deviations in real time, shrinking the back-office cost per shipment.
- **Sales teams armed with instant research** - a consultative-selling AI tool does rapid customer research and profiling for salespeople, so they walk into a meeting already knowing the prospect’s trade patterns and pain points.
- **Shared service centres for scale** - front and back-office functions are being consolidated into regional Shared Service Centers, using robotic process automation to handle repetitive tasks and optimize staff costs as volumes grow.
# Group structure and partners
**Allcargo Global is the international arm of a demerged logistics group, listed independently with a single global subsidiary and a promoter family firmly in control.**
- **Born from a four-way split** - the Allcargo Group was restructured into four separate listed entities in 2025: Allcargo Global (international supply chain), Allcargo Logistics (domestic logistics), Allcargo Terminals (container freight stations and inland depots), and TransIndia Real Estate (logistics infrastructure assets), with the demerger approved by the Mumbai NCLT in October 2025.
- **Listed with a clean share structure** - equity shares were allotted to Allcargo Logistics shareholders on a one-for-one basis and began trading on BSE and NSE on 3 July 2026, with the promoter group holding 63.28% and founder Shashi Kiran Shetty individually holding 54.26%.
- **One global subsidiary** - the entire international operation runs through the wholly owned subsidiary ECU Worldwide, which is the operating brand for the business.
- **A small joint-venture contribution** - the company holds a joint venture accounted for under the equity method, which added Rs. 3 crore to pre-tax profit in FY26.
Documents — Allcargo Global Ltd
- Q1 FY2027 Earnings Call Transcript (Jun 2026, PDF): https://www.stockscans.in/document/01okngd0a4ft4kbui7avlvn4.pdf
- Q1 FY2027 Quarterly Result (Jun 2026, PDF): https://www.stockscans.in/document/5cdk6ngzqowl7r2kt7n75vab.pdf
- Q1 FY2027 Investor Presentation (Jun 2026, PDF): https://www.stockscans.in/document/6xng8xq7qerpwvlbfsguvd2s.pdf
- FY2026 Annual Report (PDF): https://www.stockscans.in/document/os6gricwwvhh0dmirmtiovyd.pdf
Concall Transcript Summaries — Allcargo Global Ltd
- Q1 FY2027 Concall Transcript Summary (Jun 2026): https://www.stockscans.in/company/NSE%3AAGL/transcript-notes/202606/01okngd0a4ft4kbui7avlvn4.pdf