AVG Logistics Ltd
NSE: AVG BSE: 543910Logistics
Incorporated in 2010, AVG Logistics Ltd is in the business of transportation of goods, warehousing and other incidental activities, along with trading business[1]
₹156
52W: ₹117 — ₹340
PE 11.4 · Book ₹171 · -9% vs bookMarket Cap₹235 Cr
Stock P/E11.4Price to Earnings
ROCE12.6%Return on Capital
ROE9.57%Return on Equity
Div. Yield0.79%Face Value ₹10
Strengths
- +Stock is trading at 0.91 times its book value
- +Company has delivered good profit growth of 37.1% CAGR over last 5 years
Weaknesses
- −The company has delivered a poor sales growth of 11.3% over past five years.
- −Company has a low return on equity of 11.2% over last 3 years.
- −Promoters have pledged 66.7% of their holding.
- −Promoter holding has decreased over last 3 years: -10.0%
- −Working capital days have increased from 46.2 days to 65.3 days
Shareholding Pattern
Promoters51.2%
FIIs8.54%
DIIs1.54%
Public38.73%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 52.76% | 51.54%▼1.2 | 51.88%▲0.3 | 52.51%▲0.6 | 52.51% | 52.51% | 51.2%▼1.3 | 51.2% |
| FIIs | 8.6% | 8.14%▼0.5 | 8.01%▼0.1 | 8.36%▲0.3 | 8.59%▲0.2 | 8.57%▼0.0 | 8.68%▲0.1 | 8.54%▼0.1 |
| DIIs | 1.44% | 1.41%▼0.0 | 1.61%▲0.2 | 1.59%▼0.0 | 1.59% | 1.57%▼0.0 | 1.4%▼0.2 | 1.54%▲0.1 |
| Public | 37.2% | 38.92%▲1.7 | 38.49%▼0.4 | 37.54%▼1.0 | 37.32%▼0.2 | 37.35%▲0.0 | 38.73%▲1.4 | 38.73% |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 117.43 | 124.73 | 136.82 | 122.62 | 138.44 | 142.32 | 147.44 | 124.48 | 142.53 | 133.77 |
| Expenses | 96.58 | 101.99 | 115.56 | 99.85 | 115.18 | 116.68 | 123.85 | 101.11 | 118.52 | 107.92 |
| Operating Profit | 20.85 | 22.74 | 21.26 | 22.77 | 23.26 | 25.64 | 23.59 | 23.37 | 24.01 | 25.85 |
| OPM % | 17.76% | 18.23% | 15.54% | 18.57% | 16.8% | 18.02% | 16% | 18.77% | 16.85% | 19.32% |
| Net Profit | 2.92 | 4.48 | 23.25 | 5.17 | 5.35 | 5.49 | 5.26 | 4.93 | 5.02 | 5.36 |
| EPS ₹ | 2.48 | 3.8 | 17.02 | 3.79 | 3.84 | 3.69 | 3.49 | 3.27 | 3.33 | 3.56 |
AI Insights
Revenue Trend
TTM revenue at ₹548Cr, down 0.5% YoY. OPM at 18%.
Debt Position
Borrowings at ₹277Cr. Debt-to-equity ratio: 1.14x. High leverage — monitor closely.
Capex Cycle
CWIP at ₹14Cr (6% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 1.54% (-19.94pp change). FIIs: 8.54% (+8.36pp change). Promoters hold 51.2%.
Margin & Efficiency
ROCE improving from 0% (Mar 2014) to 13% (Mar 2025). Working capital days: 65.
Valuation
PE 11.4x with 12.6% ROCE. Price is -9% above book value of ₹171. Dividend yield: 0.79%.
Recent Announcements
- Intimation Of Record Date Pursuant To Regulation 42 Of SEBI (LODR) Regulations, 2015 2d
- Announcement under Regulation 30 (LODR)-Raising of Funds 2d - Board approved rights issue of up to 36,50,356 shares at ₹145, totaling ₹5,293.02 lakh; record date May 21, 2026.
- Board Meeting Outcome for Outcome Of The Board Meeting Held On May 15, 2026 For Approving Terms Of Rights Issue 2d - Board approved 36.50 lakh rights shares at ₹145, raising up to ₹5,293.02 lakh; record date May 21, 2026.
- Board Meeting Intimation for Determination Of Issue Price Of Share, Number Of Fully Paid-Up Equity Shares, Rights Entitlement Ratio, Record Date, Rights Issue Period And Other Terms 12 May - Board meeting on May 15, 2026 to decide rights issue price, ratio, record date and other terms.
- Announcement under Regulation 30 (LODR)-Meeting Updates 4 May - Board meeting on May 4, 2026 deferred; rights issue terms await in-principle approval.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse