AVG Logistics Ltd. (IN:AVG)
:AVG
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AVG Logistics Ltd.
(AVG)
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Rating:61Neutral
Price Target:
₹154.00
▼(-13.99% Downside)
Action:ReiteratedDate:03/18/26
The score is anchored by mid-range financial performance: strong gross margin and improving revenue trend are offset by low net margin and negative free cash flow. Technicals are mixed with short-term strength but longer-term weakness and a negative MACD. Valuation is supportive with a relatively low P/E, while dividend yield is modest.
Positive Factors
High gross margin
An 87.96% gross margin indicates durable pricing power or an asset-light, value-added service mix in logistics. Such high gross profitability provides structural capacity to cover operating costs, support reinvestment, and fund margin improvement initiatives if maintained.
Negative Factors
Negative free cash flow
Persistently negative free cash flow constrains the company's ability to fund fleet, warehouse or tech investments internally. Even with good OCF conversion, continued negative FCF may require external financing, limiting strategic spending and increasing vulnerability to shocks.
Read all positive and negative factors
Positive Factors
Negative Factors
High gross margin
An 87.96% gross margin indicates durable pricing power or an asset-light, value-added service mix in logistics. Such high gross profitability provides structural capacity to cover operating costs, support reinvestment, and fund margin improvement initiatives if maintained.
Read all positive factors
AVG Logistics Ltd. (AVG) vs. iShares MSCI India ETF (INDA)
Market Cap
₹2.30B
Dividend Yield0.66%
Average Volume (3M)3.10K
Price to Earnings (P/E)12.4
Beta (1Y)1.09
Revenue Growth6.71%
EPS Growth-53.24%
CountryIN
Employees420
SectorServices
Sector StrengthN/A
IndustryIntegrated Freight & Logistics
Share Statistics
EPS (TTM)3.59
Shares Outstanding15,057,720
10 Day Avg. Volume5,754
30 Day Avg. Volume3,099
Financial Highlights & Ratios
PEG Ratio-0.39
Price to Book (P/B)1.47
Price to Sales (P/S)0.66
P/FCF Ratio-456.88
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
AVG Logistics Ltd. Business Overview & Revenue Model
Company Description
AVG Logistics Limited offers logistics services in India, Bangladesh, Nepal, and Bhutan. The company provides full truckload and less than truckload, dedicated/secondary solution, express delivery, parcel/door to door/household, multimodal, rail, ...
How the Company Makes Money
AVG Logistics Ltd. generates revenue by providing transportation, warehousing, and supply chain management services to businesses across diverse sectors. The company earns income through freight charges, storage fees, and handling costs associated...
AVG Logistics Ltd. Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
60
Neutral
Cash Flow
55
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.58B | 5.52B | 4.78B | 4.27B | 4.30B | 3.32B |
| Gross Profit | 4.88B | 4.85B | 1.21B | 754.87M | 351.86M | 2.94B |
| EBITDA | 677.46M | 984.12M | 785.50M | 496.68M | 284.26M | 143.21M |
| Net Income | 207.95M | 213.27M | 319.21M | 83.44M | 9.61M | -17.20M |
Balance Sheet | ||||||
| Total Assets | 5.74B | 4.99B | 4.49B | 4.08B | 4.24B | 2.30B |
| Cash, Cash Equivalents and Short-Term Investments | 174.71M | 161.88M | 87.76M | 23.90M | 51.76M | 57.57M |
| Total Debt | 2.80B | 2.19B | 2.20B | 2.66B | 2.87B | 1.19B |
| Total Liabilities | 3.18B | 2.52B | 2.49B | 3.18B | 3.42B | 1.51B |
| Stockholders Equity | 2.57B | 2.47B | 2.00B | 897.67M | 814.33M | 786.00M |
Cash Flow | ||||||
| Free Cash Flow | -354.83M | -7.95M | -504.13M | 202.48M | 59.55M | -209.15M |
| Operating Cash Flow | -19.63M | 371.55M | 9.69M | 383.89M | 288.89M | -36.20M |
| Investing Cash Flow | -329.91M | -353.99M | -350.15M | -157.06M | -241.92M | -164.54M |
| Financing Cash Flow | 353.95M | -16.91M | 344.18M | -239.74M | -58.84M | 200.15M |
AVG Logistics Ltd. Technical Analysis
Positive
179.05
Price Trends
146.51
Positive
164.36
Negative
204.99
Negative
Market Momentum
0.18
Positive
54.17
Neutral
50.81
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 above the 20-day moving average (MA) of 149.27, above the 50-day MA of 146.51, and below the 200-day MA of 204.99, indicating a neutral trend. The MACD of 0.18 indicates Positive momentum. The RSI at 54.17 is Neutral, neither overbought nor oversold. The STOCH value of 50.81 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
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ₹1.37B | 9.09 | ― | ― | 2.13% | 35.04% | |
62 Neutral | ₹749.44M | 9.18 | ― | 2.13% | 5.92% | 14.93% | |
62 Neutral | ₹5.46B | 18.26 | ― | ― | 34.34% | 2.00% | |
61 Neutral | ₹2.30B | 12.39 | ― | 0.66% | 6.71% | -53.24% | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% | |
50 Neutral | ₹6.20B | -89.54 | ― | 2.44% | 9.91% | -66.86% | |
39 Underperform | ₹13.47B | 3.00 | ― | ― | 76.34% | 94.50% |
* Services Sector Average
IN:AVG
AVG Logistics Ltd.
153.00
-90.68
-37.21%
IN:MAHESHWARI
Maheshwari Logistics Ltd.
46.19
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IN:PATINTLOG
Patel Integrated Logistics Ltd.
10.77
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-22.68%
IN:RITCO
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190.75
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IN:SICALLOG
Sical Logistics Limited.
64.50
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IN:SNOWMAN
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37.09
-10.31
-21.75%
AVG Logistics Ltd. Corporate Events
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...
AVG Logistics Schedules Analyst and Investor Meet on March 18
Mar 14, 2026
AVG Logistics Ltd., a listed Indian logistics and transportation company, has notified the stock exchanges about an upcoming interaction with market participants. The firm, which offers freight and supply chain services and is traded on NSE and BS...
AVG Logistics schedules analyst and investor meeting on March 18
Mar 14, 2026
AVG Logistics Ltd. has notified the stock exchanges that it will hold a group meeting with analysts and investors via Zoom on Wednesday, March 18, 2026, at 12:30 p.m. This scheduled interaction underscores the company’s ongoing engagement wi...
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.