AVG Logistics

AVG Logistics reported a strong Q4 FY26 with revenue of ₹176.61 CrCurrent reported value: ₹176.61 Cr. No comparable prior figure is available in the source record. (+19.4Current reported value: 19.4. No comparable prior figure is available in the source record.% YoY), EBITDA of ₹34.72 CrCurrent reported value: ₹34.72 Cr. No comparable prior figure is available in the source record. (+45.2% YoY), and PAT of ₹10.71 CrCurrent reported value: ₹10.71 Cr. No comparable prior figure is available in the source record. (+104.8Current reported value: 104.8. No comparable prior figure is available in the source record.% YoY). EBITDA margin expanded 349 bpsCurrent reported value: 349 bps. No comparable prior figure is available in the source record. to 19.66%, driven by operational efficiencies and a one-time lease reversal gain of ₹21 Cr (management argues it is operational). Growth was fueled by expansion into rail-based liquid logistics, new customer wins (e.g., Haldiram's 100-vehicle contract), and a JV with Datta Group for LNG trucks. Management guided for 15-20% revenue growthCurrent reported value: 15-20% revenue growth. No comparable prior figure is available in the source record. in FY27 and a capex of ₹50 Cr+. The company targets ₹1,250 Cr turnover by 2030. Risks include potential non-recurrence of the lease gain and execution challenges in scaling new segments.