Company Overview

Accuracy Shipping Limited is a logistics solutions provider operating worldwide. Incorporated in 2000, the company was originally established as Balaji Shipping Agency by Mr. Vinay Tripathi, later becoming Accuracy Shipping Private Limited in 2008, and subsequently converted to Accuracy Shipping Limited (ASL) in 2018. ASL offers a comprehensive suite of logistics services including transportation, distribution, freight forwarding, clearing and forwarding, custom house clearance, warehousing, and other value-added services. The company specializes in end-to-end logistics solutions and handling project cargo, requiring detailed planning and technical expertise. As a multimodal transport operator, ASL facilitates end-to-end freight services for both export and import cargo across sea, road, rail, and air.

Global Presence and Partnerships

Accuracy Shipping has built a significant international presence through strategic alliances and a network of business partners across more than 35 countries. Key operational regions include South Africa, Egypt, Turkey, Italy, and Colombo. The company actively maintains strong industry associations and certifications, including membership in the World Cargo Alliance Network, Federation of Freight Forwarders Association in India, Association of Multimodal Transport Operator in India, The Gandhidham Chamber of Commerce & Industry, and the Kandla Mundra Container Transport Welfare Association. ASL was registered as a Multimodal Transport Operator under the Multimodal Transportation Goods Act, 1993, in 2016.

Service Portfolio and Operational Infrastructure

Accuracy Shipping Limited operates across three main segments: logistics services, petroleum, and the sale of motor vehicles. Their comprehensive logistics services cover:

- Air Cargo

- Sea Cargo

- Project Cargo

- Land Cargo

- Custom Clearance

Services include freight management, cargo handling, customs clearance, freight forwarding, shipping, air freight, consolidation, sea-air transport, inland haulage, transportation, warehousing, cross-trades, and overseas warehousing, tailored to meet specific customer needs.

In terms of operational infrastructure, ASL utilizes hired fleets and maintains its own fleet of over 150 vehicles for inland transportation, providing a significant operational advantage. In the fiscal year 2021-22, the company expanded into the Motors Division with ASL Motors, dedicated to the sales and service of Ashok Leyland Limited's HCV vehicles.

Market Performance and Financial Metrics

As of June 23, 2025, Accuracy Shipping Ltd is classified as a Small Cap company with a market capitalization of ₹139 Crore.

Key Valuation Metrics (as of June 23, 2025):

- P/B Ratio: 1.15 times (inline with peers)

- P/E Ratio: 29.87 times (52% premium to peers' median)

Stock Performance:

- 52-Week High: ₹13.90

- 52-Week Low: ₹6.51

- 3-Year Return: -25.12%

Recent Financial Performance

Full Year FY25 (Audited Results):

- Revenue: ₹942.7 Crore (₹9427 Mn)

- Net Profit: ₹4.55 Crore (₹45.48 Mn)

- Operating Revenue (TTM): ₹946.06 Crore

- Annual Revenue Growth: 34%

- Pre-tax Margin: 1% (needs improvement)

- ROE: 3% (fair but needs improvement)

Quarter Ended Q4 FY24-25 (Consolidated):

- Total Income: ₹254.43 Crore

- Net Profit: ₹0.77 Crore (a decrease of 91.61% compared to the same period last year)

Capital Structure and Debt Profile

The company maintains a debt-to-equity ratio of 18%, indicating a relatively healthy balance sheet. However, it exhibits a low interest coverage ratio and a low return on equity (ROE) of 3.66% over the last three years, suggesting room for financial performance improvement.

Listing and IPO History

Accuracy Shipping Ltd had its Initial Public Offer (IPO) in June 2018, offering 42,57,600 Equity Shares. The company's shares were initially listed on the SME Platform of the National Stock Exchange of India Limited (NSE Emerge) from June 22, 2018, and subsequently migrated to the NSE Main Board effective December 11, 2020.

Leadership and Promoter Holdings

The promoters of Accuracy Shipping Ltd are VINAY DINANATH TRIPATHI and RAMA VINAY TRIPATHI, who collectively hold 63.69% of the total equity. Vinay Tripathi serves as the Chairman of the company. There are no promoter share pledges.

The company trades on the NSE under the symbol ACCURACY and its registered office is located in Anjar, Gujarat. Accuracy Shipping continues to expand its service offerings and client base through strategic diversification and a commitment to comprehensive logistics solutions.