Committed Cargo Care Approves FY26 Results, Plans Acquisition in Logistics Sector

Committed Cargo Care Approves FY26 Results, Plans Acquisition in Logistics Sector

Committed Cargo Care Approves FY26 Results, Plans Acquisition in Logistics Sector​

Committed Cargo Care Limited announced key corporate decisions following its Board of Directors meeting held on May 29, 2026. The board approved the audited and consolidated financial results for the half year and the full financial year ended March 31, 2026. Furthermore, the company approved a strategic investment in the logistics sector and entered into a Shareholders' Agreement.

The company also confirmed that the board declared and paid a final dividend of Rs. 0.50 per share (5% on the face value of equity shares of Rs. 10 each) for the financial year 2025-26.

Financial Results for the Year Ended March 31, 2026​

The company's financial performance details for the year and half year ended March 31, 2026, highlight significant operational activity.

Standalone Financial Results (Amounts in Lakhs)

ParticularsHalf Year Ended as at 31st March 2026 (Audited)Year Ended as at 31st March 2026 (Audited)
Revenue From Operations11,864.0223,869.97
Other Income155.79255.74
Total Income12,019.8124,125.71
Direct expenses for operation10,027.8920,348.22
Total Expenditure11,029.4222,390.60
Profit before tax990.381,735.11
Profit for the year768.861,319.60
Basic Earning per equity share6.5911.40

Consolidated Financial Results (Amounts in Lakhs)

ParticularsHalf Year Ended as at 31st March 2026 (Audited)Year Ended as at 31st March 2026 (Audited)
Revenue From Operations12,956.6125,098.50
Other Income228.61330.10
Total Income13,185.2225,428.60
Total Expenditure12,462.7923,985.34
Profit before tax722.431,443.26
Profit for the year503.151,028.48
Basic Earning per equity share4.228.88

Key Corporate Approvals and Strategic Moves​

At the board meeting, the company also took records of several material approvals:

  • Acquisition Approval: The board considered and approved an investment/acquisition in Ampersand Logistics Private Limited, referred to as the Target Company, under Section 186 of the Companies Act, 2013.
  • Shareholders' Agreement: The board approved entering into and executing a Shareholders' Agreement (SHA) among Committed Cargo Care Limited, Committed Cargo Solutions Private Limited, and several shareholders, including Dr. Nitin Bharal, Mr. Rajeev Sharma, Mr. Narendra Singh Bisht, Mr. Yash Pal Arora, Mr. Amar Singh Latwal, and Mr. Rajesh Goel.
  • Management Change: The board accepted the resignation of Ms. Charumita Bhutani from the post of Company Secretary and Compliance Officer, effective May 31, 2026.

Financial Position Snapshot (As at March 31, 2026)​

The company's balance sheet and cash flow statement reveal its financial standing at the end of the financial year.

Standalone Statement of Assets & Liabilities (Amounts in Lakhs)

ParticularsAs at 31 March, 2026 (Audited)As at 31 March, 2025 (Audited)
Equity and Liabilities
Share Capital1,157.461,080.96
Reserves and Surplus7,242.085,436.62
Money received against share warrants958.841,113.75
Non-Current Liabilities246.47-
Current Liabilities (Total)11,122.718,908.82
Total Liabilities11,122.718,908.82
Assets
Other Non-Current Assets301.35346.69
Current Investments1,643.642,961.02
Trade Receivables4,762.753,936.36
Cash and Cash Equivalents1,902.16257.14
Total Assets11,122.718,908.82

Consolidated Cash Flow Statement (Amounts in Lakhs)

ParticularsAs at 31 March, 2026As at 31 March, 2025
Net cash from operating activities (A)(464.39)(648.27)
Net cash used in Investing activities (B)1,211.75(1,021.05)
Net cash from financing activities (C)897.661,092.18
Net increase / decrease in cash (A+B+C)1,645.02-577.13
Closing Cash and cash equivalents1,902.16257.14

COMMITTED Stock Price Movement​

Today, Committed Cargo Care Limited shares edged higher, closing at ₹290 after gaining 1.77% for the session. The stock settled at this level with a traded volume of 2,400 shares.
 

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Editorial Note

This news article was written and created by Deepali, and published on IST.
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