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AVG Logistics Ltd. (IN:AVG)
:AVG
India Market
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AVG Logistics Ltd. (AVG) AI Stock Analysis

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IN:AVG

AVG Logistics Ltd.

(AVG)

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Neutral 62 (OpenAI - 5.2)
Rating:62Neutral
Price Target:
₹238.00
▲(32.92% Upside)
Action:Reiterated
Date:07/04/26
The score is held back primarily by weak and volatile cash flow (negative and deteriorating free cash flow) alongside the latest-year revenue decline, despite improved profitability and a healthier leverage profile. Technicals are a key support, with a strong uptrend and positive momentum, though overbought signals add short-term risk. Valuation is moderate, with a reasonable P/E but a low dividend yield.
Positive Factors
Improved leverage profile
Debt-to-equity falling to ~0.81 and a rebuilding equity base materially lowers structural financial risk versus prior years. This improved capital structure increases flexibility to fund operations or strategic investments, enhances resilience to demand shocks, and reduces default/refinancing vulnerability over the medium term.
Negative Factors
Negative and worsening free cash flow
Persistently negative FCF reduces internal funding for capex, debt service and growth, forcing reliance on external financing or asset sales. Over several quarters this can constrain strategic choices, elevate financing costs, and amplify downside if operating conditions remain weak.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved leverage profile
Debt-to-equity falling to ~0.81 and a rebuilding equity base materially lowers structural financial risk versus prior years. This improved capital structure increases flexibility to fund operations or strategic investments, enhances resilience to demand shocks, and reduces default/refinancing vulnerability over the medium term.
Read all positive factors

AVG Logistics Ltd. (AVG) vs. iShares MSCI India ETF (INDA)

AVG Logistics Ltd. Business Overview & Revenue Model

Company Description
AVG Logistics Limited operates as a comprehensive logistics solutions provider across India, Bangladesh, Nepal, and Bhutan. The company delivers a diverse range of transportation services, encompassing full truckload (FTL) and less than truckload ...

AVG Logistics Ltd. Financial Statement Overview

Summary
Financials are mixed: profitability improved versus earlier years and leverage has come down (debt-to-equity ~0.81 in FY2026), but FY2026 revenue fell ~14% YoY and free cash flow is negative and worsening, indicating weak earnings-to-cash conversion and higher financial risk if softness persists.
Income Statement
63
Positive
Balance Sheet
58
Neutral
Cash Flow
41
Neutral
BreakdownMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue5.57B5.52B4.78B4.27B4.30B
Gross Profit4.86B4.85B1.21B754.87M351.86M
EBITDA813.86M984.12M785.50M496.68M284.26M
Net Income261.72M213.27M319.21M83.44M9.61M
Balance Sheet
Total Assets5.48B4.99B4.49B4.08B4.24B
Cash, Cash Equivalents and Short-Term Investments77.74M161.88M87.76M23.90M51.76M
Total Debt2.20B2.19B2.20B2.66B2.87B
Total Liabilities2.77B2.52B2.49B3.18B3.42B
Stockholders Equity2.71B2.47B2.00B897.67M814.33M
Cash Flow
Free Cash Flow-252.33M-7.95M-504.13M202.48M59.55M
Operating Cash Flow490.42M371.55M9.69M383.89M288.89M
Investing Cash Flow-738.26M-353.99M-350.15M-157.06M-241.92M
Financing Cash Flow248.01M-16.91M344.18M-239.74M-58.84M

AVG Logistics Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price179.05
Price Trends
50DMA
176.81
Positive
100DMA
162.65
Positive
200DMA
173.25
Positive
Market Momentum
MACD
9.61
Positive
RSI
56.50
Neutral
STOCH
34.05
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AVG, the sentiment is Positive. The current price of 179.05 is below the 20-day moving average (MA) of 200.65, above the 50-day MA of 176.81, and above the 200-day MA of 173.25, indicating a bullish trend. The MACD of 9.61 indicates Positive momentum. The RSI at 56.50 is Neutral, neither overbought nor oversold. The STOCH value of 34.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:AVG.

AVG Logistics Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
71
Outperform
₹28.93B11.343.13%31.61%-30.97%
62
Neutral
₹3.81B11.750.66%1.07%16.19%
58
Neutral
₹7.33B12.6473.86%
56
Neutral
₹15.79B52.5446.48%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
52
Neutral
₹6.29B187.552.44%9.38%-42.48%
48
Neutral
₹11.89B-8.5019.52%-66.71%-356.19%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:AVG
AVG Logistics Ltd.
203.90
-72.68
-26.28%
IN:ALLCARGO
Allcargo Logistics Limited
7.94
-5.27
-39.89%
IN:GATEWAY
Gateway Distriparks Limited
57.91
-6.22
-9.70%
IN:NAVKARCORP
Navkar Corporation Ltd
104.90
-25.55
-19.59%
IN:SICALLOG
Sical Logistics Limited.
91.85
-8.48
-8.45%
IN:SNOWMAN
Snowman Logistics Ltd
37.65
-20.97
-35.77%

AVG Logistics Ltd. Corporate Events

AVG Logistics Releases Investor Presentation Ahead of Q4 FY2025-26 Call
Jun 29, 2026
AVG Logistics Ltd. has released an investor presentation ahead of its Q4 FY2025-26 investor conference call, in compliance with disclosure regulations for listed companies in India. The presentation is expected to detail the company’s operat...
AVG Logistics posts strong FY26 and Q4 margin expansion on improved efficiency
Jun 24, 2026
AVG Logistics reported strong audited results for FY26 and Q4 FY26, with full-year total income rising 5.1% to ₹582.5 crore and EBITDA increasing 14.3% to ₹112.5 crore, lifting the EBITDA margin to 19.3%. Net profit for the year grew 2...
AVG Logistics Boosts Equity Base with Rights Issue Allotment
Jun 10, 2026
AVG Logistics Ltd. has approved the allotment of 3,650,356 equity shares through a rights issue to its existing shareholders at a price of ₹145 per share, including a premium of ₹135, in a ratio of 8 rights shares for every 33 fully pa...
AVG Logistics Secures Full Subscription of Promoters’ Renounced Rights by Institutional Investor
Jun 1, 2026
AVG Logistics Ltd. has notified the exchanges that specific investors have submitted applications under its ongoing rights issue of fully paid-up equity shares, in line with SEBI ICDR Regulations. Sixth Sense India Opportunities IV, as a specific ...
AVG Logistics Shareholders Approve Hike in Authorised Capital via Postal Ballot
Apr 4, 2026
AVG Logistics Ltd. has announced the results of a postal ballot in which shareholders approved an ordinary resolution to increase the company’s authorised share capital from ₹17 crore to ₹21 crore, represented by 2.1 crore equity...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 04, 2026