MarketFriction

AVG Logistics Ltd

NSE AVG · BSE 543910 · Logistics Solution Provider
₹166.00 -0.74%
NSE close2026-10-01
52 week range113.26 - 256.73
Market cap₹302 Cr.
P/E25.6
IPO 2018 · +55% since Price band 20%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales117.43124.73136.82122.62138.44142.32147.44124.48142.53133.77155.55130.78
Expenses96.58101.99115.5699.85115.18116.68123.85101.11118.52107.92142.55111.94
Operating Profit20.8522.7421.2622.7723.2625.6423.5923.3724.0125.8513.0018.84
OPM %17.76%18.23%15.54%18.57%16.80%18.02%16.00%18.77%16.85%19.32%8.36%14.41%
Other Income0.540.5024.390.781.100.760.200.651.991.1121.331.66
Interest7.017.066.806.636.766.416.006.107.908.118.696.61
Depreciation9.719.569.9810.3410.5712.0810.1810.9811.5911.8011.985.65
Profit before tax4.676.6228.876.587.037.917.616.946.517.0513.668.24
Tax %37.47%32.33%19.47%21.43%23.90%30.47%30.88%28.96%22.73%24.11%22.18%26.94%
Net Profit2.924.4823.255.175.355.495.264.935.025.3610.646.01
EPS in Rs2.003.0713.683.043.092.972.812.642.682.875.693.21
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales192195227313322333432427480551556563
Expenses176178202285298318403352395455469481
Operating Profit161725282415297685968782
OPM %8%9%11%9%8%4.5%7%18%18%17%16%15%
Other Income000112132532526
Interest65791013153129263131
Depreciation55689763638434641
Profit before tax6712136-281143293435
Tax %34%31%37%25%30%-25%29%30%24%27%24%
Net Profit448104-26833212627
EPS in Rs7.178.498.397.913.50-1.214.115.3919.2511.3813.8814.45
Dividend Payout %-0%-0%-0%-0%-0%-0%-0%15%5%8%7%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth11%11%9%2%
Compounded Profit Growth21%63%50%-44%
Stock Price CAGR%24%-17%-23%
Return on Equity10%10%11%10%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital34471010121212141515
Reserves91318225963677377186232256
Borrowings343843507380107115266220216218
Other Liabilities151419203455455952283357
Total Liabilities617084100175209230259407449496546
Fixed Assets2117212237396482216229213191
CWIP-0-0048162020820
Investments11121010101010101113
Other Assets39526173120143154167179209263322
Total Assets617084100175209230259407449496546
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity612-621-42838-1949
Cash from Investing Activity-9-10-38-17-16-24-16-35-34-74
Cash from Financing Activity3-145-320-6-24372425
Net Cash Flow-1111-0-1-10-00
Free Cash Flow-44-352-21621-51-24-24
CFO/OP47%61%-0%112%9%112%44%3%16%64%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days5971797682929277105123135154
Inventory Days0317
Days Payable812696291
Cash Conversion Cycle597171-48-13-1929277105123135154
Working Capital Days192127133724243517576887
ROCE %23%22%20%27%21%11%6%12%15%15%13%14%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters61.22%61.22%52.76%52.76%51.54%51.88%52.51%52.51%52.51%51.20%51.20%41.23%
FIIs4.35%5.19%8.03%8.60%8.14%8.01%8.36%8.59%8.57%8.68%8.54%5.62%
DIIs8.39%1.69%1.44%1.44%1.41%1.61%1.59%1.59%1.57%1.40%1.54%16.89%
Public26.03%31.89%37.77%37.20%38.92%38.49%37.54%37.32%37.35%38.73%38.73%36.27%
No. of Shareholders2,3463,7917,5198,9598,97110,66410,61510,31310,07810,1149,7989,899

Fundamentals

Market Cap₹ 302 Cr.
Current Price₹ 165
Stock P/E25.6
Book Value₹ 145
ROCE13.8 %
ROE10.2 %
Dividend Yield0.73 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)2%
Compounded Profit Growth (TTM)-44%
Standalone figures.
Valuation
Market capRs 250 Cr
Enterprise valueRs 460 Cr
P/E (TTM)9.25x
Price to book0.92x
Price to sales0.44x
EV / EBITDA4.27x
EV / EBIT6.89x
EV / sales0.82x
Price to cash flow5.12x
Earnings yield10.81%
Dividend yield0.72%
P/E, 3-year average16.27x
P/B, 3-year average2.03x
P/E, 5-year average17.91x
P/B, 5-year average1.88x
Profitability
Operating margin (excl. other income)15.65%
Operating margin (incl. other income)20.07%
EBITDA margin19.16%
Pre-tax margin6.30%
Net profit margin4.80%
Net margin, latest quarter4.60%
ROE10.02%
ROCE13.73%
ROA4.98%
ROE, 3-year average14.06%
ROCE, 3-year average14.96%
ROA, 3-year average5.71%
ROE, 5-year average11.72%
ROCE, 5-year average14.49%
ROA, 5-year average4.39%
ROIC (approx.)10.55%
Tax rate24.04%
Other income / net worth9.08%
Growth
Sales growth (latest year)1.00%
Profit growth (latest year)21.95%
Sales CAGR, 3 years9.21%
Sales CAGR, 5 years10.78%
Profit CAGR, 3 years48.84%
Sales growth QoQ-15.92%
Profit growth QoQ-43.52%
Sales growth YoY (latest quarter)5.06%
Profit growth YoY (latest quarter)21.91%
Per share
EPS (TTM)Rs 17.95
EPS (latest year)Rs 17.23
EPS (latest quarter)Rs 3.99
EPS, 3-year averageRs 18.44
EPS, 5-year averageRs 13.42
Book value per shareRs 179.99
Sales per shareRs 373.65
Cash flow per shareRs 32.41
Free cash flow per shareRs -15.94
Dividend per share (latest year)Rs 1.20
Dividend per share, 3-year averageRs 1.20
Dividend per share, 5-year averageRs 1.15
Dividends
Dividend payout6.97%
Dividend payout, 3-year average6.83%
Dividend payout, 5-year average8.87%
Efficiency
Asset turnover1.02x
Fixed asset turnover2.92x
Inventory turnover978.67x
Inventory days0 days
Debtor days154 days
Debtors turnover2.37x
Creditor days291 days
Cash conversion cycle154 days
Working capital days87 days
Leverage
Total debtRs 218 Cr
Cash and bankRs 8 Cr
Net debtRs 210 Cr
Debt to equity0.80x
Net debt / EBITDA1.95x
Interest coverage2.13x
Owners' fund to total sources49.67%
Debt to assets39.87%
Cash flow
Cash from Operating Activity (latest year)Rs 49 Cr
Cash from Investing Activity (latest year)Rs -74 Cr
Cash from Financing Activity (latest year)Rs 25 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -24 Cr
FCFE (approx.: FCF + change in debt)Rs -22 Cr
Cash from ops / profit, 5 years1.31x
Sales to cash flow11.40x
Statement figures
Net sales (TTM)Rs 563 Cr
Net sales (latest year)Rs 556 Cr
Sales (latest quarter)Rs 131 Cr
Operating profit excl. other income (latest year)Rs 87 Cr
Operating profit (latest quarter)Rs 19 Cr
Other income (TTM)Rs 26 Cr
EBITDA (TTM)Rs 108 Cr
PBDT (TTM)Rs 76 Cr
Profit before tax (TTM)Rs 35 Cr
Tax (latest year)Rs 8 Cr
Net profit (TTM)Rs 27 Cr
Net profit (latest year)Rs 26 Cr
Net profit (latest quarter)Rs 6 Cr
Depreciation (TTM)Rs 41 Cr
Depreciation (latest quarter)Rs 6 Cr
Interest (TTM)Rs 31 Cr
Cost of goods sold (latest year)Rs 411 Cr
Total expenditure (latest year)Rs 469 Cr
Total income (latest year)Rs 581 Cr
Share capitalRs 15 Cr
ReservesRs 256 Cr
Shareholders' fundsRs 271 Cr
Total assetsRs 546 Cr
Net blockRs 191 Cr
Capital work in progressRs 20 Cr
InvestmentsRs 13 Cr
ReceivablesRs 235 Cr
InventoryRs 0 Cr
Other liabilitiesRs 57 Cr
Shares outstanding (crore)1.51
Ownership
Promoter holding41.23% (-11.28 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 9.2 is at the 5th percentile of its own 7.6-year range (median 16.9, low 3.8, high 121.3).
P/B 0.92 is at the 7th percentile (median 1.63).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodAVGNifty 50Difference
1 week+1.8%-2.8% +4.6 pts
1 month-4.9%-6.8% +1.9 pts
3 months-26.0%-7.6% -18.4 pts
6 months+14.9%+0.4% +14.5 pts
1 year-26.2%-9.9% -16.2 pts
2 years-61.9%-13.6% -48.4 pts
3 years-43.6%+14.2% -57.7 pts
5 years+202.9%+27.9% +175.0 pts

Red flags

F-score 6 of 8
explainShare dilution Share count up 0% in a year, 28% in three
lookProfit leans on other income Other income was 72% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹131 Cr +5.1% vs Jun 2025. Net profit ₹6 Cr +21.9%.
Against our estimate for Jun 2026: sales +5.3%, profit +21.5% in line. Our estimate for Sep 2026: sales Rs 150 Cr, profit Rs 6 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-18Dividend - Rs 1.2 Per Share
2026-05-21Rights 8:33 @ Premium Rs 135/-
2025-09-23Dividend - Rs 1.20 Per Share
2024-09-23Annual General Meeting/Dividend - Rs 1.2 Per Share
2023-09-21Annual General Meeting/Dividend - Re 1 Per Share
DateTypeWhat it says
2026-09-28Shareholder meetingVoting results.
2026-09-25Shareholder meetingProceedings of Annual General Meeting held on September 25, 2026
2026-09-01Shareholder meetingNotice of Annual General Meeting to be held on September 25, 2026
2026-08-29Concall / analyst meetTranscript
2026-08-26Concall / analyst meetLink of Recording
2026-08-22Concall / analyst meetSchedule of meet
2026-08-17Record DateRecord date for the purpose of Dividend is 18-Sep-2026.
2026-08-14Press ReleaseA press release dated August 14, 2026, titled "Press Release for the Financial results for Q1 FY2026-27".
2026-08-14General UpdatesApproval of AVG Logistics Employee Stock Option Scheme 2026
2026-08-14Amendment to AOA/MOAThe Amendment to AOA/MOA of the company.
2026-08-14Board meeting outcomeContinuation of Directorship of Mr. Susheel Kumar Tyagi (DIN:06906354) as Independent Director post the age of 75 years
2026-08-14Board meeting outcomeAppointment of Mr. Sumit Garg (DIN:08746971) as Whole Time Director of the Company
2026-08-14Board meeting outcomeOutcome of Board Meeting held on August 14, 2026 for Re-appointment of M/s AVVS & Co. LLP, Chartered Accountant as Internal Auditor of the Company for...
2026-08-14DividendBoard of Directors at its meeting held on August 14, 2026, recommended Final Dividend of Rs. 1.2 per equity share.
2026-08-14DividendBoard of Directors at its meeting held on August 14, 2026, recommended Final Dividend of Rs. 1.2 per equity share.
2026-08-14Statement of deviation(s) orStatement of deviation(s) or variation(s) under Reg. 32
2026-08-14Board meeting outcomeAVG Logistics Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-14Monitoring Agency ReportMonitoring Agency Report for Rights issue for the Quarter ended June 30, 2026
2026-08-12General UpdatesGeneral Updates
2026-07-21Disclosure of material issueAVG Logistics Limited has informed regarding Disclosure of material issue
2026-07-02Concall / analyst meetTranscript
2026-07-02Reply to Clarification- FinaThe Exchange had sought clarification from AVG Logistics Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing ...
2026-06-30Concall / analyst meetLink of Recording
2026-06-29Investor PresentationInvestor Presentation
2026-06-25Clarification - Financial ReThe Exchange has sought clarification from AVG Logistics Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing ...
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
High low price variation greater than 100perc in previous 6 monthsLess than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of AVG Logistics Ltd?

AVG Logistics Ltd (AVG) has a market capitalisation of Rs 302 Cr. at the 2026-10-01 close.

What is the P/E ratio of AVG Logistics Ltd?

AVG Logistics Ltd trades at a P/E of 25.6 on trailing twelve-month profit, at the 2026-10-01 close.

What were AVG Logistics Ltd's latest quarterly results?

In the Jun 2026 quarter, AVG Logistics Ltd sales was Rs 131 Cr (+5.1% vs Jun 2025) and net profit was Rs 6 Cr.

What is the 52-week high and low of AVG Logistics Ltd?

The 52-week high is Rs 256.73 and the 52-week low is Rs 113.26.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03