AVG Logistics Limited
NSE: AVG · Logistics Solution Provider · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 51 companies in Logistics Solution Provider (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹8 cr vs borrowings ₹181 cr (FY26): borrowings are higher by ₹173 cr.
- Operating profit covered interest 2.1x in the last 12 months.
- 66.71% of the promoters' shares are pledged (27.5% of all shares).
- Promoter holding fell by 11.28 percentage points in a year, to 41.23% (2026-09-30).
- Operating cash flow was below net profit in 1 of the last 3 years (FY24).
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 94% of net profit in the last 12 months.
- Debtor days went from 123 (FY24) to 155 (FY26).
- Dividend paid in 3 of the last 3 financial years.
- Price ₹161.36 on 2026-10-26: -31.2% from the 52-week high, +38.3% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 138 | 142 | 148 | 125 | 143 | 134 | 155 | 132 |
| EBITDA | 23 | 26 | 24 | 24 | 24 | 26 | 13 | 19 |
| OPM % | 16.8% | 18.0% | 16.1% | 18.9% | 17.0% | 19.5% | 8.6% | 14.7% |
| Other income | 1 | 1 | 0 | 1 | 2 | 1 | 21 | 2 |
| Net profit | 5 | 6 | 5 | 5 | 5 | 5 | 11 | 6 |
| EPS (₹) | 3.94 | 3.81 | 3.68 | 3.29 | 3.37 | 3.59 | 7.11 | 4.06 |
| Revenue YoY | +3.3% | -5.9% | +5.1% | +6.0% | ||||
| Profit YoY | -5.2% | -0.9% | +104.8% | +30.0% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|
| Revenue | 480 | 552 | 557 | 565 |
| EBITDA | 98 | 96 | 87 | 83 |
| Net profit | 32 | 21 | 26 | 28 |
| EPS (₹) | 26.66 | 15.01 | 17.38 | 18.13 |
| Revenue growth | +14.9% | +1.1% | +2.0% | |
| Profit growth | -33.2% | +22.7% | +31.4% | |
| Dividend / share (₹) | 1.00 | 1.20 | 1.20 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | +2.0% |
| Net profit | – | – | +31.4% |
| EPS | – | – | – |
| Share price | – | -42.4% (2y) | -27.4% |
Balance sheet
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Shareholders' equity | 200 | 247 | 271 |
| Borrowings | 89 | 107 | 181 |
| Cash & equivalents | 9 | 9 | 8 |
| Total assets | 449 | 499 | 548 |
| Fixed assets | 95 | 184 | 152 |
| Capital work in progress | 0 | 8 | 20 |
| Investments | 10 | 11 | 12 |
| Receivables | 162 | 205 | 236 |
| Inventory | 0 | 0 | 0 |
| Payables | 13 | 18 | 17 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Cash from operations | 1 | 37 | 32 |
| Cash from investing | -35 | -35 | -72 |
| Cash from financing | 34 | -2 | 40 |
| Capex | 51 | 38 | 74 |
| Free cash flow | -50 | -1 | -42 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| ROE % | 16.0% | 8.6% | 9.7% |
| ROCE % | 24.4% | 15.5% | 14.5% |
| Debtor days | 123 | 136 | 155 |
| Inventory days | 0 | 0 | 0 |
| Payable days | 14 | 17 | 15 |
| Cash conversion cycle (days) | 109 | 119 | 140 |
| Working capital days | 63 | 69 | 91 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 41.23% |
| FIIs | 5.61% |
| DIIs | 16.93% |
| Public (non-institutions) | 36.23% |
| Quarter | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 52.51% | 52.51% | 52.51% | 51.20% | 51.20% | 41.23% | 41.23% | 41.23% |
| Promoter group | % |
|---|---|
| Asha Gupta | 29.31% |
| Sanjay Gupta | 11.85% |
| Niti Gupta | 0.04% |
| Anjali Gupta | 0.03% |
| Vinayak Gupta | 0.01% |
| Bahadur Mal Agarwal | 0.00% |
| Kailasho Devi | 0.00% |
| Pushpa Agarwal | 0.00% |
| Rajiv Agarwal | 0.00% |
| Manish Agarwal | 0.00% |
| Rakesh Agarwal | 0.00% |
| Usha Agarwal | 0.00% |
| Babita Agarwal | 0.00% |
| Neha Sharma | 0.00% |
| PCG Logistics Private Limited | 0.00% |
| Public holders above 1% | % |
|---|---|
| Sixth Sense India Opportunities IV | 16.28% |
| India Emerging Giants Fund Limited | 4.61% |
| Nikhil Kishorchandra Vora | 1.53% |
| Ankit Jain | 1.38% |
| Priya Rohan Agarwal | 1.34% |
9,792 shareholders. Pledged: 66.71% of promoter shares.
Peers in Logistics Solution Provider
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| CONCOR | ₹31,348 cr | 25.1x | 2.4x | 9.8% | 13.2% | 21.6% | +3.6% | 2.22% |
| DELHIVERY | ₹28,082 cr | 300.0x | 2.9x | 1.0% | 2.2% | 5.5% | +13.3% | – |
| SHADOWFAX | ₹16,722 cr | 128.7x | 9.6x | 6.4% | 7.5% | 5.0% | – | – |
| BLUEDART | ₹10,124 cr | 35.3x | 5.7x | 17.2% | 23.6% | 15.3% | +5.9% | 0.59% |
| TCI | ₹6,508 cr | 14.2x | 2.5x | 19.4% | 15.8% | 10.6% | +9.1% | 1.08% |
| TVSSCS | ₹4,879 cr | 75.7x | 2.4x | 3.4% | 8.3% | 7.0% | – | – |
| VRLLOG | ₹4,687 cr | 17.6x | 4.1x | 24.0% | 28.1% | 20.4% | +6.7% | 3.73% |
| MAHLOG | ₹3,871 cr | 104.6x | 3.3x | 4.8% | 11.9% | 5.5% | +10.9% | 0.46% |
| AFCOM | ₹3,781 cr | 18.9x | 8.3x | 54.4% | 45.9% | 35.1% | – | – |
| AVG | ₹302 cr | 8.9x | 1.1x | 10.7% | 15.0% | 14.7% | – | 0.60% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-18 | Dividend | Dividend - Rs 1.2 Per Share |
| 2026-05-21 | Rights | Rights 8:33 @ Premium Rs 135/- |
| 2025-09-23 | Dividend | Dividend - Rs 1.20 Per Share |
| 2024-09-23 | Dividend | Annual General Meeting/Dividend - Rs 1.2 Per Share |
| 2023-09-21 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
Documents
- Annual report FY26
- Annual report FY26
- Annual report FY25
- Annual report FY25
- Annual report FY24
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Services |
| Industry | Logistics Solution Provider |
| Sub-industry | Logistics Solution Provider |
| Symbol | AVG |
| BSE code | 543910 |
| ISIN | INE680Z01018 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.