This fundamentally strong logistics stock has gained recognition among prominent players in the market. On Friday, on the revealed that the company will be rolling out 1,700 rebranded vehicle, This includes alternative fuel vehicles. Furthermore, prominent investor Mukul Agrawal has increased the share in the company.
Share Price Movement
The share price of Allcargo Gati Limited went down by 1.51 percent to Rs. 98.21 per share on Friday, a decline from its previous close of Rs. 99.72 per share. The market capitalisation now stands at approximately Rs. 1,442 crore as of November 08, 2024.
What Happened
Allcargo Gati announced the rollout of over 1,700 rebranded vehicles, including alternative fuel vehicles, across India. This initiative aligns with the company’s goal of achieving carbon neutrality by 2040 and empowering MSME markets through its extensive transportation network, offering enhanced transit times and delivery efficiency.
Prominent investor Mukul Agrawal has increased his stake in Allcargo Gati from 1.3% to 4.8% as of June 2024. The company’s current stock price is around ₹108, with a market cap of approximately ₹15.9 billion.
Q2 Financial Highlights
According to its recent filing, in the quarter ending September 2024, Allcargo Gati Limited’s consolidated revenue from operations has decreased by 4.4 percent YOY, from Rs. 441.5 crore in Q2 FY24 to Rs. 426.3 crore in Q2 FY25, and has increased by 24.7 percent QoQ from Rs. 408.2 crore in Q4 FY24.
The company’s consolidated net loss has reduced by 191.5 percent, from negative Rs. 3.79 crore in Q2 FY24 to negative Rs. 1.3 crore in Q2 FY25. As compared to the last quarter of 2025, the company’s net loss has been reduced by 66.92 percent QoQ from negative Rs. 2.17 crore.
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Shareholding Pattern
As of the November 2024 shareholding pattern, Allcargo Gati Limited is primarily held by the promotors at 46.10 percent, foreign institutional investors hold 2.03 percent, and the public with 48.47 percent.
About Company
Founded in 1989 and headquartered in Hyderabad, Allcargo Gati Ltd has become a premier name in India’s logistics and supply chain industry. Specialising in express logistics, supply chain management, and e-commerce logistics, the company is renowned for its end-to-end solutions, serving a vast network that spans over 19,800 PIN codes across nearly all Indian districts.
With a focus on an asset-light model, Allcargo Gati operates through a hub-and-spoke network, partnering with trucking firms to ensure flexible, on-demand vehicle availability. The company’s technological integration, including ERP systems, digital payments, and AI-driven customer service tools, enhances service quality and operational efficiency. Partnerships with industry leaders like Kintetsu World Express further strengthen its capabilities.
After a 2021 acquisition by Allcargo Logistics, Allcargo Gati is now restructuring for a potential merger, aiming to streamline operations and boost efficiencies.
Written By Fazal Ul Vahab C H
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