AVG Logistics Limited has informed regarding Disclosure of material issue
AVG · price
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AVG Logistics has received debt funding approvals of approximately ₹112 crore from two PSU banks to fund its capital expenditure needs for FY 2025-26. The funds will be used to purchase capital assets in a phased manner, with full utilization expected by March 31, 2026. The new assets are expected to generate around ₹100 crore in annualized revenue starting from FY 2026-27. The capex will strengthen its Full Truck Load (FTL) and Partial Truck Load (LTL) services, expand cold chain capabilities, and support green logistics initiatives including EV and LNG fleet procurement. For context, AVG reported FY24 revenue of ₹491 crore, EBITDA of ₹109 crore, and profit after tax of ₹32 crore.
This is a positive development for shareholders — securing long-term funding from reputable PSU banks signals lender confidence in the business. The expected ₹100 crore annualized revenue boost represents roughly 20% incremental growth over FY24 revenue base, supporting the company's expansion plans without straining existing operations.