Accuracy Shipping LimitedQ1 FY27 Results & Financial Update
Accuracy Shipping Limited: Q1 FY27 consolidated results and company financials – revenue ₹141.09 Cr, PAT ₹0.34 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
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Accuracy Shipping price & chart
Quarter overview
Quarterly earnings analysis
Accuracy Shipping Limited reported consolidated revenue from operations of INR 141.09 crore for the quarter ended June 30, 2026 (Q1 FY27), reflecting a contraction compared to the preceding year due to dynamic global trade conditions and freight-rate fluctuations.
Despite the top-line contraction, profitability at the gross and operating levels demonstrated significant resilience, driven by a deliberate focus on earnings quality and operational efficiencies across service lines.
Gross profit expanded during the quarter as operative expenses and stock purchases moderated, lifting gross margin performance compared to the corresponding period of the previous fiscal year.
EBITDA improved on a year-over-year basis, benefiting from a stronger business mix anchored by high-margin logistics services and contributions from commercial vehicle sales.
Profit before tax (PBT) stood at INR 0.443 crore and profit after tax (PAT) came in at INR 0.343 crore, supported by a tax provision of INR 0.10 crore during the three-month period.
Finance costs remained a notable overhead item at INR 3.52 crore alongside depreciation charges of INR 3.04 crore, reflecting ongoing investments in fleet and infrastructure.
Management highlighted that ongoing execution of the company's industry diversification strategy helped buffer against sector-specific cyclicality, with non-core sectors gradually expanding their contribution to the portfolio.
01 · Business model
What does Accuracy Shipping do?
Accuracy Shipping Limited operates as an end-to-end logistics solutions provider offering customized supply chain services across domestic and international trade routes.
Core service verticals encompass clearing and forwarding via sea and air cargo, custom clearance, multi-modal transportation, warehousing, vessel and train chartering, project cargo handling, and specialized logistics.
The company maintains diversified revenue streams that also include commercial vehicle (HMCV) dealership sales through Ashok Leyland showrooms and petroleum product distribution outlets.
Backed by a global network spanning multiple agency agreements and 14 branch offices across India, the enterprise serves diverse industrial sectors ranging from marble and granite to ceramic tiles, chemicals, paper, and steel.
02 · Historical context
What shaped the business before this quarter
Incorporated originally as Balaji Shipping Agency in 2000, focusing on customs clearance and transportation services.
Transformed into Accuracy Shipping Limited in 2018 and successfully launched an SME initial public offering.
Shifted to the mainboard in December 2020, consolidating all business operations under one roof as the first NSE-listed company from the Kachchh district.
Introduced Ashok Leyland dealership showrooms and workshops across Gandhidham, Bhuj, and Mundra in 2022 to capture synergies in fleet maintenance.
Admitted equity shares to dealings on BSE Limited with effect from November 6, 2025.
03 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹141.09 Cr |
| Total income | ₹141.09 Cr |
| Profit before tax | ₹0.44 Cr |
| Profit after tax | ₹0.34 Cr |
| EPS | ₹0.03 |
04 · Why it moved
Why the quarter looked the way it did
What drove revenue
Logistics services anchored the business, contributing 71% of total revenue in Q1 FY27 compared to 65% in Q1 FY26.
Sale of heavy and medium commercial vehicles (HMCV) accounted for 28% of Q1 FY27 revenue, maintaining its position as a major diversification driver.
Petroleum and petroleum products contributed 2% of total revenue in Q1 FY27, moderating from 7% in the same quarter last year.
Marble and granite remained the largest industry contributor at 45% of revenue, followed by ceramic tiles at 26%, with paper, textile, machinery, rubber, and chemical sectors making up the remainder.
What drove margins
Disciplined cost management in operative expenses and stock purchases resulted in a stronger gross profit margin of 11.5% in Q1 FY27 compared to 8.3% in Q1 FY26.
EBITDA margin expanded to 4.8% in Q1 FY27 from 3.2% in Q1 FY26, driven by favorable business mix adjustments and operating efficiencies.
Logistics services generated 91% of total EBITDA in Q1 FY27 (up from 67% in Q1 FY26), while commercial vehicles contributed 9%.
05 · Demand, customers & order book
Where demand is coming from
Handled 21,565 containers during Q1 FY27, backed by an average realization of INR 51,491 per container.
Serves established industrial clients including Vedanta, Apollo Tyres, Adani Wilmar, Godrej, Kajaria, and Johnson across diverse manufacturing and trading verticals.
06 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
Core clearing and forwarding operations remained the largest revenue driver, capturing 55% of segment distribution in Q1 FY27.
Transportation and last-mile services contributed 15% to revenue mix, supporting broader multi-modal delivery networks.
Geography and market mix
Maintained 14 branch offices across India and expanded global reach through 72 agency agreements spanning trade hubs in Europe, the Middle East, Asia, and the Americas.
07 · Capacity, projects & execution
What is being built, commissioned or delivered
Capacity, production and utilisation
Maintained an operational fleet of 417 trucks alongside dedicated management of approximately 850,000 square feet of warehouse and storage space.
Operated full-service workshops across three locations comprising 20 bays in Gandhidham, 15 bays in Mundra, and 6 bays in Bhuj.
08 · Strategy & new businesses
How the company is trying to change its growth mix
The Ashok Leyland heavy commercial vehicle dealership continues to support internal fleet maintenance for approximately 393 company-aligned vehicles while generating external sales.
09 · Reported developments
What changed operationally
Achieved higher gross profit and EBITDA despite a year-over-year revenue contraction, demonstrating improved pricing realization and cost discipline.
10 · Pressure points & risks
What is not going smoothly
Operating revenue declined by 12.4% year-over-year to INR 140.8 crore in Q1 FY27 from INR 160.7 crore in Q1 FY26, influenced by volatile global shipping rates.
11 · Beyond the numbers
What changed beyond the numbers
CSR and Environmental Initiatives
Introduced electric vehicles for short-haul transportation, participated in rural education drives, and contributed to rainwater harvesting projects with the Gandhidham Municipal Corporation.
12 · Key Q&A
The quarter, answered directly
What does Accuracy Shipping do?
Accuracy Shipping Limited operates as an end-to-end logistics solutions provider offering customized supply chain services across domestic and international trade routes.
What is the clearest takeaway from Q1 FY27?
Accuracy Shipping Limited reported consolidated revenue from operations of INR 141.09 crore for the quarter ended June 30, 2026 (Q1 FY27), reflecting a contraction compared to the preceding year due to dynamic global trade conditions and freight-rate fluctuations.
What drove revenue or demand?
Logistics services anchored the business, contributing 71% of total revenue in Q1 FY27 compared to 65% in Q1 FY26.
What mattered most for margins or profitability?
Disciplined cost management in operative expenses and stock purchases resulted in a stronger gross profit margin of 11.5% in Q1 FY27 compared to 8.3% in Q1 FY26.
What changed operationally beyond the headline numbers?
Maintained an operational fleet of 417 trucks alongside dedicated management of approximately 850,000 square feet of warehouse and storage space.
What are the main pressure points disclosed for the quarter?
Operating revenue declined by 12.4% year-over-year to INR 140.8 crore in Q1 FY27 from INR 160.7 crore in Q1 FY26, influenced by volatile global shipping rates.
13 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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14 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Freight Rate Trajectory: Monitor global shipping rate movements and fuel price trends that influence clearing and forwarding realizations.
- 02
Volume Growth in Logistics: Track quarterly container handling volumes and utilization rates across warehousing and transportation assets.
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