Today we are going to predict Allcargo Logistics Share Price Target (2024, 2025, 2026, 2027, 2028, 2030, 2050)
Also after researching a lot from reports to the internet, I have got some facts about the company also.
So be in this article to know Allcargo Logistics Share Price Target 2025.
So without wasting time let’s predict the target price.
Overview
Allcargo Logistics is a big company in India that sends things to over 180 countries. It was started in 1993 by Shashi Kiran Shetty. Allcargo began by handling cargo in Mumbai and now it’s become one of the big players in this industry.
| Information | Details |
|---|---|
| Name | Allcargo Logistics Ltd. |
| Founded Year | 1993 |
| Headquarters | Mumbai, India |
| Engineering | Logistics and supply chain management |
| Key Products | Moving stuff in various ways, Handling packages at stations, Solving project problems, Fast distribution, Managing moving contracts, Storing and moving goods |
| Website | https://www.allcargologistics.com/ |
| CEO | Adarsh Hegde (as of June 2023) |
| Founder | Shashi Kiran Shetty |
History Of Allcargo Logistics
1993: Shashi Kiran Shetty founded Allcargo in Mumbai, where he hopes to work at the docks and send boxes all over the world.
1995: He thinks of grouping small packages for travel, especially those that get stuck at the port and form the ECU Line.
2003: To remove fear from shippers’ minds regarding customs and paperwork, the company built a special warehouse at JNPT.
2005-2006: These years, ECU Line merged with Allcargo because of this they sent boxes to more than 180 countries.
2007: They also learned how to build roads when they teamed up with Trans India and acquired trucks and machines.
2009: They even got wiser by helping companies plan their entire journey from one end to another.
2010-2011: They started tracking their resources and works.
2012: Presently Every person loves Allcargo because they help people in sending parcels smoothly.
2023: They divided themselves into three teams – warehouses, journeys, and buildings so that each part grows faster.
The Future: With great ideas in mind, Allcargo continues to improve itself making businesses globally.
Company Model
Allcargo Logistics company model has improved a lot to date below is some information about it.
- Moving Your Stuff: Allcargo ships your stuff globally using air, sea, or road and also take note that they are specialized in smaller shipments through ECU Line.
- Handling the Whole Process: They take care of everything by storing your things safely.
- Super-Fast Delivery: Getting things to you quickly across India is their specialty due to their Gati subsidiary.
- Focusing on Growth: To grow better, they used a technique of splitting into three different companies for terminals, logistics, and real estate there are separate sub-companies.
AllCargo Financial Trends
Talking about their financial trends their profit increased by 47.66% in the last 5 years.
Also, their chart of share prices is stable. Now according to the profit made chart in 2021, they made 91 Cr Rs as profit and in 2023 they made 653 Cr Rs Profit which is huge almost 653% increased as profit.
Pros & Cons Of The Company
Pros
- 3-year revenue up by 18.90%.
- Reduced debt by 546.87 Cr.
- Healthy Interest Coverage Ratio: 13.26.
- Efficient Cash Conversion Cycle: 63.60 days.
- High promoter holding: 69.92%.
Cons
- Contingent liabilities amount to 406.47 Cr.
- High PE ratio for the company: 27.18.
| Year | Share Price Target Range |
|---|---|
| 2024 | 330 – 450 |
| 2025 | 451 – 490 |
| 2026 | 491 – 551 |
| 2027 | 552 – 590 |
| 2028 | 591 – 671 |
| 2030 | 700 – 800 |
| 2050 | 1200 – 1300 |
In 2024, I am expecting AllCargo Logistics Share Price Target 2024 to grow by 120 Rs making it from 330 to 450 Rs
But actually, next year can be a profitable year for the company as it is growing day by day and also seeing the reports of financials.
Talking about the year 2025, AllCargo Logistics Share Price Target 2025 will be good enough for the company but some reports may result in some amount of less profit compared to the year 2024.
Also, they will do well so no problem to buy it.
It will go from 451 – 490 in the year 2025.
After 6 Years, AllCargo Logistics Share Price Target 2030 will be almost double the current price and the value can go from 700 Rs to 800 Rs.
If you want to buy for almost the upcoming 6 years you can try your luck then.
FAQ You May Ask Us
The share price Target is the expected value it can go in the upcoming following years 2030, 2025, and 2024.
The future of AllCargo Logistics is great as per our prediction in 2030 it will be double the current share price which is good for a shares growth report.
Conclusion For This Article
So finally we are here we predicted all about Allcargo Logistics Share Price Target (2024, 2025, 2026, 2027, 2028, 2030, 2050) also I want you to let me know your decision now.
If you are selling buying or holding the stock to double.
Also Read:
Also, let me know which is your favorite stock in the year 2024 which doubled your expectations.
