Accuracy Shipping Ltd

AGM details

• AGM held on Sep 30, 2026 at 04:00 PM IST via VC/OAVM.

Resolutions proposed

• Adoption of standalone financial statements for year ended 31 Mar 2026 (Ordinary).
• Adoption of consolidated financial statements for year ended 31 Mar 2026 (Ordinary).
• Re-appointment of Mr. Vikas Jain as Director on rotation (Ordinary).
• Appointment of Ms. Astha Dhanotiya as Independent Director (Special).

Voting status

• Voting results to be disseminated by October 2, 2026.

Director changes

• Mr. Vikas Jain re-appointed as Director following rotation.
• Ms. Astha Dhanotiya appointed as Independent Director.

Accuracy Shipping Ltd trading window closed from 01 October 2026 till 48 hours after the declaration of Unaudited Financial Results (Standalone & Consolidated) for the quarter & half year ending September 30, 2026.

Key developments

• A.R.S. Terminals (India) Private Limited received CBIC LoI for a CFS at Kandla, Gujarat.
• Capex estimated at ₹25 crore, funded via debt and internal accruals.
• Planned capacity: 5,000 containers per month and 80,000 annually.
• Operational within 12 months of LoI; expected revenue ₹175-200 crore.
• EBITDA margin expected to be double-digit at full utilization.
• Strategic expansion to strengthen container logistics footprint.

CFS LoI at Kandla

• LoI from CBIC to set up Container Freight Station at Kandla, Gujarat.
• Subsidiary ARS Terminals (India) Pvt Ltd, in which Accuracy Shipping holds 99.80%, will operate the CFS.
• CFS to be located at Plot No. 7, Sector 10B, Kandla, Gandhidham.
• Operational within one year from LoI; capacity approximately 5,000 monthly and 80,000 annually.

Business overview

• End-to-end logistics provider with C&F, Transportation, warehousing, and project cargo.
• Diversified revenue mix; core C&F remains largest, growing CV and Last Mile.
• Listed on BSE in Nov 2025; governance strengthened with independent directors.
• Key customers include Skul, Wilmar, Arvind, Kajaria, Apollo Tyres.

Operational highlights

• Q1FY27 revenue ₹140.8 Cr, down 12.4% YoY.
• Gross profit ₹16.2 Cr; margin 11.5% in Q1FY27.
• EBITDA ₹6.7 Cr; margin 4.8% in Q1FY27.
• Segment mix: Logistics Services 71%, Commercial Vehicles 28%, Petroleum 2%.
• Logistics EBITDA share 91%; Commercial Vehicles 9% in Q1FY27.
• Strategic initiatives include long-term carrier rate contracts and train chartering with Hapag/CMA.

Financial performance & mix

• Revenue from Operations: ₹140.8 Cr; YoY -12.4%.
• PAT ₹0.3 Cr; PAT Margin 0.2%.
• Q1FY27 gross margin rose to 11.5% from 8.3%.
• Core Clearing & Forwarding remains largest contributor (51-63% range).
• HMCV sale contributes 28% of revenue in Q1FY27; Transportation 15%.

Capital structure & governance

• Equity shares listed on BSE with effect from Nov 6, 2025.
• MD & Chairman: Vinay Tripathi.
• WTD: Rama Tripathi.
• Independent Directors: Astha Dhanotiya, Kalpana Kumari, Varun Kacholia.
• CFO: Ashish Lalwani.

Strategic priorities & outlook

• Strengthen Clearing & Forwarding core; scale Transportation & Last Mile.
• Expand presence across high-potential industries; improve margins.
• Focus on disciplined execution, efficiency, and diversified revenue streams.

Risks & governance notes

• Macro risks: fuel prices, freight rates, geopolitical developments affecting trade.
• Diversification strategy reduces concentration risk and supports resilience.
• Forward-looking statements carry inherent uncertainties; management navigates volatility.