Allcargo Logistics Ltd — Capital/Financing Update 2024

Feb 27, 2024

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February 27, 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Obligations and Disclosure Requirements) Regulation, 2015 and Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information in terms of Regulation 8 of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, we are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 January 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

Digitally signed by DEVANAND DEVANAND PARSHOTTA PARSHOTTAM MOJIDRA M MOJIDRA Date: 2024.02.27 16:00:39 +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 January 2024 witnessed a decline of ~3% as compared to January 2023 and December 2023.

• Red sea impact delayed shipments leading to January 2024 volumes being reduced, however a balancing act is expected in February 2024 with positive impact on volumes versus last year.

• A decline in volume was witnessed in Latin America, Europe, and America. LCL volumes in India witnessed an increase in January 2024 as compared to December 2023.

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LCL Monthly Volume, '000 cbm
732 750 737 760 745 784 772 739 716 714 728 708
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
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Note: Jan 2023 onwards volumes include recently acquired German entity

• Container utilization: Container utilization continues to remain rangebound on account of muted volume growth. There has been a marginal improvement in utilization on account of trade lane rationalization.

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Container Utilization Index (TTM)
101
100
Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24
Container Utilization Index
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Note: The Index shows Container utilization (Cbm/TeU) levels rebased as Feb 2023 = 100

• 40 feet ratio: 40 feet container usage continuous to remain range bound due to a subdued operating environment. Index appears to be better on account of a low base.

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40 feet Container Usage Index (TTM)
104
100
Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-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 Feb 2023 = 100

FCL operations:

• FCL volume for the month of January 2024 was up 10% as compared to January 2023. However, volumes declined by ~3% as compared to December 2023.

• The growth in FCL volumes is driven by higher volumes in Asia Pacific and Latin America.

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FCL Monthly Volume, '000 TEUs
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60 47 47 51 49 47 48 50 51 52 50 49 53 52
50
40
30
20
10
0
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
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