Summary of Key Information:
Reporting Period: Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 33 and 30 of SEBI Listing Regulations
Audit Opinion:
Clean opinion - Statutory auditors issued unmodified reports on both standalone and consolidated unaudited financial results
Key Financial Highlights [Amount in INR lakhs]:
Standalone Results:
Revenue from Operations: ₹1,307.82 lakhs (Q1 FY27) vs ₹1,244.83 lakhs (Q1 FY26) - 5.1% YoY increase
Total Income: ₹1,324.43 lakhs (Q1 FY27) vs ₹1,251.34 lakhs (Q1 FY26)
Net Profit: ₹601.45 lakhs (Q1 FY27) vs ₹492.97 lakhs (Q1 FY26) - 22.0% YoY increase
EPS: ₹3.78 (Basic and diluted)
Paid-up equity share capital: ₹1,870.81 lakhs
Consolidated Results:
Revenue from Operations: ₹1,324.77 lakhs (Q1 FY27) vs ₹1,250.22 lakhs (Q1 FY26) - 5.9% YoY increase
Net Profit: ₹645.52 lakhs (Q1 FY27) vs ₹497.42 lakhs (Q1 FY26) - 29.8% YoY increase
EPS: ₹4.06 (Basic and diluted)
Paid-up equity share capital: ₹1,870.81 lakhs
Segment-wise Performance:
The Chief Operating Decision Maker evaluates performance as a single unit. Revenue breakdown:
- Freight income: ₹12,599.09 lakhs (Q1 FY27)
- Warehousing income: ₹535.98 lakhs (Q1 FY27)
- Other operating income: ₹112.61 lakhs (Q1 FY27)
All revenue generated within India
Corporate Actions:
Dividend:
Recommended Final Dividend of ₹1.2 per equity share (face value ₹10) for FY26, subject to shareholder approval at AGM
Capital Structure Change:
Approved increase in Authorized Share Capital from ₹21 crore to ₹25 crore by creating additional 40,00,000 equity shares of ₹10 each
ESOP Scheme:
Approved AVG Logistics Employees Stock Option Scheme 2026 with pool of 9,50,000 options
Exercise Price equal to face value of ₹10 per share
Vesting period: 1 to 4 years from Grant Date
Exercise period: 1 year from vesting
Rights Issue:
Completed Rights Issue during quarter: Issued 36,50,356 equity shares at ₹145 per share
Aggregate proceeds: ₹5,293.01 lakhs
Net proceeds after expenses: ₹5,203.95 lakhs
Utilization as of June 30, 2026:
- Working capital requirements: ₹2,918.29 lakhs
- General corporate purpose: ₹678.89 lakhs
- Unutilized amount: ₹1,606.77 lakhs
Increased paid-up capital from ₹1,505.77 lakhs to ₹1,870.81 lakhs
Auditor Appointments:
Re-appointed M/s AVVS and Co. LLP as Internal Auditor for FY26-27
Appointed M/s. Chauhan Pradeep and Associates as Scrutinizer for 17th AGM
Director Appointments:
Continuation of Mr. Susheel Kumar Tyagi (DIN:06906354) as Independent Director post age of 75 years, subject to shareholder approval
Appointment of Mr. Sumit Garg (DIN:08746971) as Additional Director designated as Whole-Time Director for 5 years from August 14, 2026, subject to shareholder approval
Lease Termination:
Previous year recognition of gain of ₹2,119.41 lakhs from termination of lease agreement with Indian Railways on Yesvantpur-Patel Nagar-Yesvantpur route
Other Significant Information:
17th Annual General Meeting:
Scheduled for Friday, September 25, 2026 at Bliss and Blessing Banquet, Jhilmil, Delhi-110095 at 10:30 AM
Subsidiary Information:
Consolidated results include:
- Galaxy Packers and Movers Private Limited (100% subsidiary)
- Kaizen Logistics (59% subsidiary)
Subsidiaries contributed total revenue of ₹192.49 lakhs and net profit of ₹12.18 lakhs for Q1 FY27