Allcargo Logistics Ltd — Capital/Financing Update 2024

Mar 12, 2024

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March 12, 2024

BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G Dalal Street, Fort, Bandra Kurla Complex Mumbai - 400 001 Bandra (East), Mumbai - 400 051 BSE Scrip Code: 532749 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Obligations and Disclosure Requirements) Regulation, 2015 and Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information in terms of Regulation 8 of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, we are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 February 2024.

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 PARSHOTTA PARSHOTTAM MOJIDRA Date: 2024.03.12 M MOJIDRA 15:38:09 +05'30'

Devanand Mojidra Company Secretary & Compliance Officer Membership No.: A14644

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 e-mail id: investor.relations@allcargologistics.com

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Allcargo International Supply Chain (ISC) Monthly Operational Update

LCL operations:

• LCL volume for the month of February 2024 witnessed an increase of 7% as compared to February 2023. Considering shorter month and Chinese New Year, Feb volumes are usually lower than Jan and March. In 2023, Feb volume was 14% lower than Jan volumes. However, this year Feb is only 5% lower than January volumes.

• Overall demand environment has largely remained flat and strong performance in Feb is driven by improved company performance and some delayed shipments due to Red Sea crisis.

• Economic projections indicate an improvement in demand in the second half of 2024. The red sea crisis continues to delay shipments and impacts the freight rate environment.

• A decline in volume was witnessed in Asia Pacific and Americas, while an increase was reported in Middle East and Europe region.

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LCL Monthly Volume, '000 cbm
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732 750 737 760 745 784 772 739 716 714 728 708
675
629
Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24
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• Container utilization: Container utilization continues to remain rangebound over the last one year and it is expected to improve once volumes increase on key trade lanes.

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Container Utilization Index (TTM)
99
100
Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24
Container Utilization Index
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Note: The Index shows Container utilization (Cbm/TEU) levels rebased as March 2023 = 100

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40 feet ratio: 40 feet container usage has increased steadily over last few months driven by focused approach on important routes, and more efficient trade lane management, besides marginal improvement in volumes.

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40 feet Container Usage Index (TTM)
106
100
Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24
40' Container Usage Index
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Note: The Index shows 40 feet Container usage (number of 40 feet containers as % of total containers used) levels rebased as Mar 2023 = 100

FCL operations:

• FCL volume for the month of February 2024 was up 5% as compared to February 2023. However, in line with normal trend every year, Feb volumes were 5% lower as compared to Jan 2024.

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FCL Monthly Volume, '000 TEUs
47 47 51 49 47 48 50 51 52 50 49 53 52 49
Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24
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