Multibagger logistics stock explores growth options as it moves towards debt-free regime

Accuracy Shipping Limited (NSE: ACCURACY), is the one-stop solution for all logistics requirements. The company is looking for options for growth. With the help of its vast and well-organized network, the company has been able to provide hassle-free services to its customers everywhere.

The company is serving a diversified industry to accelerate growth, and add new revenue streams through backward and forward integration to strengthen our bouquet of logistics services. It strives to be an “end-to-end logistics player”, and seeks to benefit from its massive presence across the value chain by offering logistics solutions under one roof, such as from the point of origin to the destination. As far as

This business model, backed by constant alertness to new opportunities, soon saw ASL grow into a logistics service partner with all possible logistics solutions and more importantly, results under its belt. on time. every time. Time passed, brought with it many opportunities. Global markets and even Indian markets saw businesses flourish. With opportunity came growth and ASL was ready to take full advantage.

With a portfolio that covers customs clearance, freight forwarding, shipping, air freight, consolidation, sea-air, inland transportation, warehousing, and a full range of cross trades, overseas warehousing and custom developed to provide. Tailored solutions to the unique requirements of each of its clients, ASL has transformed into a logistics solutions powerhouse, providing unparalleled quality service blended with a focus on total customer satisfaction.

The company has pan India presence with global network. It has a pan India presence with 14 offices across the globe and over 60 agency agreements to meet the growing logistics needs for cross border transactions. As a leading logistics solutions provider, it offers all its customers the benefit of solid expertise and deep experience, guaranteeing a complete and highly competitive range of services that adds value to every single link in the supply chain.

The company aims to become one of the market leaders across the country focusing on customer delight while redefining logistics solutions through its dedicated and motivated team. It is committed to being a responsible corporate citizen and building trust.

The sales revenue in 2020-21 was Rs 365.23 crore. 2021-22 and Rs. 818.09 cr. In 2022-23. The company is paying off its debt at a fast pace and may soon become debt free.

At the time of writing this copy, Accuracy Shipping shares were trading at 13 each increased by 4.00%. In last 3 years, the stock has given multibagger returns of 660% and in last 1 year, it has fallen more than 40%. On a YTD basis, it is down more than 21% so far in 2023.


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