Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of AVG Logistics Ltd
Quarter-by-quarter operating performance
| Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 106.46 | 112.87 | 100.34 | 117.43 | 124.73 | 136.82 | 122.62 | 138.44 | 142.32 | 147.44 | 124.48 | 142.53 | 133.77 |
| Expenses + | 87.73 | 86.42 | 81.77 | 96.58 | 101.99 | 115.56 | 99.85 | 115.18 | 116.68 | 123.85 | 101.11 | 118.52 | 107.92 |
| Operating Profit | 18.73 | 26.45 | 18.57 | 20.85 | 22.74 | 21.26 | 22.77 | 23.26 | 25.64 | 23.59 | 23.37 | 24.01 | 25.85 |
| OPM % | 17.59% | 23.43% | 18.51% | 17.76% | 18.23% | 15.54% | 18.57% | 16.80% | 18.02% | 16.00% | 18.77% | 16.85% | 19.32% |
| Other Income + | 0.74 | 1.67 | 0.42 | 0.54 | 0.50 | 24.39 | 0.78 | 1.10 | 0.76 | 0.20 | 0.65 | 1.99 | 1.11 |
| Interest | 8.45 | 7.48 | 7.24 | 7.01 | 7.06 | 6.80 | 6.63 | 6.76 | 6.41 | 6.00 | 6.10 | 7.90 | 8.11 |
| Depreciation | 8.82 | 8.67 | 9.09 | 9.71 | 9.56 | 9.98 | 10.34 | 10.57 | 12.08 | 10.18 | 10.98 | 11.59 | 11.80 |
| Profit before tax | 2.20 | 11.97 | 2.66 | 4.67 | 6.62 | 28.87 | 6.58 | 7.03 | 7.91 | 7.61 | 6.94 | 6.51 | 7.05 |
| Tax % | 11.82% | 23.39% | 21.43% | 37.47% | 32.33% | 19.47% | 21.43% | 23.90% | 30.47% | 30.88% | 28.96% | 22.73% | 24.11% |
| Net Profit + | 1.94 | 9.17 | 2.08 | 2.92 | 4.48 | 23.25 | 5.17 | 5.35 | 5.49 | 5.26 | 4.93 | 5.02 | 5.36 |
| EPS in Rs | 1.33 | 6.28 | 1.42 | 2.00 | 3.07 | 13.68 | 3.04 | 3.09 | 2.97 | 2.81 | 2.64 | 2.68 | 2.87 |
Financials of AVG Logistics Ltd
Annual income statement trend
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 130 | 183 | 192 | 195 | 227 | 313 | 322 | 333 | 432 | 427 | 480 | 551 | 548 |
| Expenses + | 121 | 170 | 176 | 178 | 202 | 285 | 298 | 318 | 390 | 352 | 395 | 455 | 451 |
| Operating Profit | 9 | 13 | 16 | 17 | 25 | 28 | 24 | 15 | 41 | 76 | 85 | 96 | 97 |
| OPM % | 7% | 7% | 8% | 9% | 11% | 9% | 8% | 5% | 10% | 18% | 18% | 17% | 18% |
| Other Income + | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 1 | 3 | 25 | 3 | 4 |
| Interest | 3 | 4 | 6 | 5 | 7 | 9 | 10 | 13 | 23 | 31 | 29 | 26 | 28 |
| Depreciation | 2 | 4 | 5 | 5 | 6 | 8 | 9 | 7 | 18 | 36 | 38 | 43 | 45 |
| Profit before tax | 4 | 5 | 6 | 7 | 12 | 13 | 6 | -2 | 1 | 11 | 43 | 29 | 28 |
| Tax % | 34% | 34% | 34% | 31% | 37% | 25% | 30% | -25% | -8% | 30% | 24% | 27% | |
| Net Profit + | 3 | 3 | 4 | 4 | 8 | 10 | 4 | -2 | 1 | 8 | 33 | 21 | 21 |
| EPS in Rs | 10.48 | 8.39 | 7.17 | 8.49 | 8.39 | 7.91 | 3.50 | -1.21 | 0.63 | 5.39 | 19.25 | 11.38 | 11.00 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 15% | 5% | 8% |
Financials of AVG Logistics Ltd
Capital structure and asset base
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 3 | 4 | 4 | 7 | 10 | 10 | 12 | 12 | 12 | 14 | 15 | 15 |
| Reserves | 6 | 9 | 13 | 18 | 22 | 59 | 63 | 67 | 70 | 77 | 186 | 232 | 242 |
| Borrowings + | 25 | 34 | 38 | 43 | 50 | 73 | 80 | 107 | 287 | 266 | 220 | 216 | 277 |
| Other Liabilities + | 7 | 15 | 14 | 19 | 20 | 34 | 55 | 45 | 55 | 52 | 28 | 33 | 37 |
| Total Liabilities | 41 | 61 | 70 | 84 | 100 | 175 | 209 | 230 | 423 | 407 | 449 | 496 | 571 |
| Fixed Assets + | 13 | 21 | 17 | 21 | 22 | 37 | 39 | 64 | 238 | 216 | 229 | 213 | 216 |
| CWIP | 0 | 0 | 0 | 0 | 4 | 8 | 16 | 2 | 0 | 2 | 0 | 8 | 14 |
| Investments | 1 | 1 | 1 | 1 | 2 | 10 | 10 | 10 | 10 | 10 | 10 | 11 | 12 |
| Other Assets + | 26 | 39 | 52 | 61 | 73 | 120 | 143 | 154 | 176 | 179 | 209 | 263 | 329 |
| Total Assets | 41 | 61 | 70 | 84 | 100 | 175 | 209 | 230 | 423 | 407 | 449 | 496 | 571 |
Financials of AVG Logistics Ltd
Operating, investing and financing cash movement
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 6 | 12 | -6 | 21 | -4 | 29 | 38 | -1 | 38 | |||
| Cash from Investing Activity + | -9 | -10 | -38 | -17 | -16 | -24 | -16 | -35 | -34 | |||
| Cash from Financing Activity + | 3 | -1 | 45 | -3 | 20 | -6 | -24 | 37 | -4 | |||
| Net Cash Flow | -1 | 1 | 1 | 1 | -0 | -1 | -1 | 0 | -0 | |||
| Free Cash Flow | -4 | 4 | -35 | 2 | -21 | 6 | 21 | -51 | 4 | |||
| CFO/OP | 47% | 61% | -0% | 112% | 9% | 81% | 44% | 3% | 46% |
Financials of AVG Logistics Ltd
Working capital efficiency and return ratios
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 67 | 59 | 71 | 79 | 76 | 82 | 92 | 92 | 91 | 105 | 123 | 135 |
| Inventory Days | 0 | 3 | 1 | 7 | ||||||||
| Days Payable | 8 | 126 | 96 | 291 | ||||||||
| Cash Conversion Cycle | 67 | 59 | 71 | 71 | -48 | -13 | -192 | 92 | 91 | 105 | 123 | 135 |
| Working Capital Days | 5 | 19 | 21 | 27 | 13 | 37 | 24 | 24 | 31 | 17 | 57 | 65 |
| ROCE % | 23% | 22% | 20% | 27% | 21% | 11% | 6% | 9% | 12% | 15% | 13% |