Allcargo Logistics Ltd — Capital/Financing Update 2023

Sep 18, 2023

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September 18, 2023

	BSE LimitedPhiroze Jeejeebhoy Towers,Dalal Street, Fort,Mumbai-400 001**BSE Scrip Code:**532749	National Stock Exchange of India LimitedExchange Plaza, C-1, Block GBandra Kurla ComplexBandra (East), Mumbai - 400 051**NSE Symbol:**ALLCARGO

Sub: Monthly Operational Update

Dear Sir/Madam,

In accordance with Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015 and Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information in terms of Regulation 8 of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, we are enclosing herewith a copy of key business parameters for the month ended August 2023.

The given information is as per limited review by the Management. This is for the information of your members and the public at large.

The aforesaid information shall be made available on the Company's website at www.allcargologistics.com.

Kindly take the above on record.

Thanking you,

Yours faithfully,

For Allcargo Logistics Limited

DEVANAND Digitally signed by DEVANAND PARSHOTTAM MOJIDRA PARSHOTTAM MOJIDRA Date: 2023.09.18 18:12:21 +05'30'

Devanand Mojidra

Company Secretary & Compliance Officer

Encl: a/a

ALLCARGO LOGISTICS LIMITED

Allcargo House, 6[th] Floor, CST Road, Kalina, Santacruz (E), Mumbai - 400 098. Maharashtra. India. T: +91 22 6679 8110 | www.allcargologistics.com | CIN: L63010MH2004PLC073508 | GSTN: 27AACCA2894D1ZS

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Allcargo International Supply Chain (ISC) Monthly Operational Update

LCL operations:

• LCL volume for the month of August 2023 was down 5% as compared to August 2022 and flat as compared to July 2023. January 2023 onwards, the volume includes ~1.5% contribution from the new acquisition in Germany.

• Our focus on market share continues amidst increased competition but overall demand remains muted. Our near-term expectation of a muted demand outlook along with softer yields remains intact.

• Sequentially, we saw minor improvement in Canada and India while APAC, Europe, and Middle East and Africa regions saw muted growth.

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----- Start of picture text ----- LCL Monthly Volume, '000 cbm819748 748 720 721 732 750 737 760 745 784 781629Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23----- End of picture text -----

Note: Jan 2023 onwards volumes include recently acquired German entity

• Container utilization: Container utilization continues to remain soft, reflecting lower volumes on a YoY basis; however, the index appears better Y-o-Y vs. our last update as the base period has improved marginally. Sequentially, it has remained rangebound post Chinese New Year.

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----- Start of picture text ----- Container Utilization Index (TTM)10095Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23Container Utilization Index----- End of picture text -----

Note: The Index shows Container utilization (Cbm/TeU) levels rebased as Sep 2022 = 100

ALLCARGO LOGISTICS LIMITED

Allcargo House, 6[th] Floor, CST Road, Kalina, Santacruz (E), Mumbai - 400 098. Maharashtra. India. T: +91 22 6679 8110 | www.allcargologistics.com | CIN: L63010MH2004PLC073508 | GSTN: 27AACCA2894D1ZS

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• 40 feet ratio: 40 feet container usage has remained rangebound since Chinese New Year. Decline in the 40 feet ratio was more pronounced in intra-Asia routes.

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----- Start of picture text ----- 40 feet Container Usage Index (TTM)10092Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-2340' Container Usage Index----- End of picture text -----

Note: The Index shows 40 feet Container usage (number of 40 feet containers as % of total containers used) levels rebased as Sep 2022 = 100

FCL operations:

• FCL volume for the month of August 2023 was up 2% as compared to August 2022 and up 2% as compared to July 2023.

• At a regional level, on a sequential basis, we saw improvement in APAC, LATAM, and Middle East and Africa.

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----- Start of picture text ----- FCL Monthly Volume, '000 TEUs50 50 51 50 48 47 47 51 49 47 48 50 51Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23----- End of picture text -----

ALLCARGO LOGISTICS LIMITED

Allcargo House, 6[th] Floor, CST Road, Kalina, Santacruz (E), Mumbai - 400 098. Maharashtra. India. T: +91 22 6679 8110 | www.allcargologistics.com | CIN: L63010MH2004PLC073508 | GSTN: 27AACCA2894D1ZS