Allcargo Gati Ltd. News and Updates

Name: Latest research reports of Allcargo Gati Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Allcargo Gati Ltd.
Rating: 3
Author: ICICI Securities Limited

Keep track of all breaking news on Allcargo Gati Ltd. from all sources in a single place.

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Allcargo Gati Ltd.

04 Dec 2019

61.32

-1.18%

Allcargo said to eyeing controlling stake in Gati; courier co stock up 5%

Moneycontrol

The move will see Allcargo acquiring a controlling stake, post which it is likely to make an open offer to Gati's shareholders

Allcargo Gati Ltd. is trading below all available SMAs

Gati jumps 5% as Allcargo deal likely this week

Economic Times | 04 Dec 2019

Allcargo Gati Ltd.

25 Nov 2019

61.32

-1.18%

Gati share price up 5% on rating revision by CARE

Moneycontrol

The share touched its 52-week high Rs 94.85 and 52-week low Rs 35.50 on 22 March, 2019 and 23 August, 2019, respectively.

Allcargo Gati Ltd. is trading below all available SMAs

Allcargo Gati Ltd.

06 Nov 2019

61.32

-1.18%

Gati posts 2.3-cr Q2 loss

Business Line

Gati Ltd posted a loss of 2.3 crore for the second quarter ended September 30, against a profit of 9.2 crore in the corresponding quarter last yea

Allcargo Gati Ltd. has an average target of 104.00 from 1 broker.

Allcargo Gati Ltd.

26 Sep 2019

61.32

-1.18%

Now, ship your excess air baggage; have it dropped at your doorstep

Business Line

Gati-KWE rolls out service at a fraction of fee for excess baggage

Allcargo Gati Ltd. has lost -39.50% in the last 1 Year

Allcargo Gati Ltd.

26 Sep 2019

61.32

-1.18%

Allcargo Logistics in talks to acquire stake in rival Gati: Report

Business Standard

Allcargo is in discussions to acquire Gati, that's 6 per cent owned by Goldman Sachs Group, at an equity valuation of about Rs 13 billion

Allcargo Gati Ltd. has an average target of 104.00 from 1 broker.

Allcargo Logistics looks to pick controlling stake in Gati

Economic Times | 25 Sep 2019

Allcargo Gati Ltd.

07 Aug 2019

61.32

-1.18%

Gati Limited

Not Rated: Allcargo Gati Ltd.

ICICI Securities Limited

Gati's Q1FY20 revenues remained flat YoY, mainly as 2% de-growth in Express distribution and supply chain segment (~78% of the revenues) was negated by 5% and 27% growth in the fuel (16%) and other segment (6%). EBITDA margins declined 17 bps to 4.6% (I-direct estimate: 5.5%). Subsequently, EBITDA de-grew 69% to | 21 crore (I-direct estimate: | 26 crore). PAT de-grew 83% to | 1 crore (I-direct estimate: | 8 crore), mainly due to weak operational performance further compounded by high tax rate (58% vs. 33% in Q1FY19). Other than the weak operational performance an...

Allcargo Gati Ltd. has an average target of 104.00 from 1 broker.

Allcargo Gati Ltd.

05 Aug 2019

61.32

-1.18%

Gati Ltd's Q1 net profit down 64 per cent

Business Line

Express distribution and supply chain solutions provider Gati Ltd's consolidated net profit decreased to 2.03 crore in the first quarter ended June

Allcargo Gati Ltd. has an average target of 104.00 from 1 broker.

Allcargo Gati Ltd.

30 May 2019

61.32

-1.18%

Gati Limited

Hold: Allcargo Gati Ltd.

Target

ICICI Securities Limited

FY19 was a year of revival for Gati in terms of revenue and EBITDA growth. Consolidated revenues for FY19 increased by 7% YoY to | 1863 crore, while EBITDA grew by 22% YoY to | 94 crore. However on the quarterly performance front, Gati's Q4FY19 revenues remained flat YoY, mainly as 4% de-growth in express distribution and supply chain segment (~80% of the revenues) was negated by 10% and 58% growth in the fuel (16%) and other segment (14%), respectively. After eight quarters, margins clocked 5.7% (previous high at 6% in Q3FY17) signalling improved asset utilisation, cost...

Allcargo Gati Ltd. has an average target of 104.00 from 1 broker.

Allcargo Gati Ltd.

05 Mar 2019

61.32

-1.18%

GATI shares jump 4% on stake sell buzz

Economic Times

The report, quoting sources, added that other investors besides promoters may also decide to exit their stake.

Allcargo Gati Ltd. has an average target of 104.00 from 1 broker.

Allcargo Gati Ltd.

28 Jan 2019

61.32

-1.18%

Gati Limited

Hold: Allcargo Gati Ltd.

Recommendation Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Revenues for Q3FY19 grew 7% YoY to | 481 crore (I-direct estimate: | 493 crore). Express distribution & supply chain (EDSC) grew 2% to | 378 crore. Growth was supported by 29% and 31% YoY growth in fuel and other sales to | 78 crore and | 27 crore, respectively EBITDA margins fell 39 bps to 5% (I-direct estimate: 5.1%). Higher operating cost to sales ratio (up 165 bps to 76.9%) was negated to an extent by a fall in employee cost (down 101 bps YoY to 10%) & other...