AVG Logistics Limited has informed the Exchange about launch of Liquid Logistics cargo train
AVG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
AVG Logistics has launched a new business vertical — transportation of liquid cargo (bulk chemicals) using high-grade ISO tank containers on rail, with Chemplast Sanmar Limited as its first customer. Each train can carry 96 ISO tank containers, totaling about 3,100 tons per trip, and is expected to generate Rs. 22–24 crore in annual revenue. The company has partnered with Central Warehousing Corporation for long-term lease of a flatbed train, complementing its recently imported ISO tanker fleet. This expands AVG's multimodal offering into liquid and bulk chemical transportation, targeting India's chemical, pharmaceutical, and industrial liquid export ecosystem.
The new vertical diversifies AVG's revenue streams and adds a high-growth segment, though the expected Rs. 22–24 crore annual revenue is modest (~4% of FY25 revenue of Rs. 551.52 crore). Investors should view this as a strategic capability expansion rather than a near-term earnings catalyst, with longer-term upside depending on customer additions and corridor expansion.