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Accuracy Shipping Limited

(NSE: ACCURACY)

ACCURACY

208.25

2.15 (1.04%)

Price Chart

Price Chart

Price Summary

Today’s High

210

Today’s Low

205.2

52 Week's High

210

52 Week's Low

205.2

Company Essentials

Market Cap

347.6 Cr

CASA

0.0

No. Of Shares

1.5 Cr

P/E

8.7

P/B

0.9

Face Value

10.0

Dividend Yeild

0.0

Book Value

54.3

Net Interest Income

5.7

Cost to Income

NA

Promoter Holdings

63.4

EPS

5.7

CAR

NA

ROE

11.1

ROCE

11.4

Profit Growth

NA

Peer Comparison

COMPANY

PRICE

MCAP (cr)

P/B

P/E

EPS

ROE

ROCE

NII

Accuracy Shipping Limited

206.8

347

0.9

8.7

5.7

11.1

11.4

5.7

RITCO

199.1

378

0.4

6.6

2.5

6.0

9.3

1.5 Cr

Maheshwari Logistics Limited

77.45

297

1.6

23.8

3.1

6.9

11.8

83.8

OBCL

114.2

291

0.7

8.5

2.8

8.1

10.2

36.24 L

JITF Infralogistics Limited

159

446

0.1

116.7

0.1

0.1

0.1

NA

North Eastern Carrying Corporation Limited

28.65

151

0.4

27.8

0.3

1.5

5.0

54.72 L

FAQ’s on Accuracy Shipping Limited

About

The company was originally incorporated as 'Accuracy Shipping Private Limited' at Gandhidham, Gujarat, as a private limited company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated October 24, 2008. The Company was converted in to Public Limited Company pursuant to shareholders resolution passed at Extraordinary General Meeting of the Company held on January 31, 2018 and the name of the Company was changed to Accuracy Shipping Limited and a Fresh Certificate of Incorporation consequent upon conversion of company to Public Limited dated February13,2018 was issued by Registrar of Companies, Ahmedabad.

Accuracy Shipping operates its business through a PAN India network consisting of a registered office at Gandhidham, 5 branch offices and over 1,300 clients as of January 31, 2018. In addition to using hired fleets, it also has a fleet of more than 150 vehicles to meet the inland transportation requirements. It also has a network of various business partners providing it with vehicles, warehouses and other assets and services for the business. At present, the company is offering its services through business partners in more than 35 countries. The company has 169 employees on its payroll.

Business area of the company:

Gujarat based 'Accuracy Shipping Limited' is a third party logistics solutions provider. The company offers customized and end-to-end logistics solutions and services including transportation and distribution, freight forwarding, clearing and forwarding service, custom house clearance, warehousing and value-added services to its clients. It is also engaged in the handling of project cargo, which is a specialized activity requiring detailed planning and technical expertise. The comprehensive project handling service includes designing and execution of customized solutions tailored to meet specific customer requirements for the transport of high-value specialized equipment from one location to another using multiple modes of transport. As a multimodal transport operator, it offers end-to-end freight services for export and import cargo utilizing multiple modes of transport such as sea, road, rail, and air.

Key Events and Milestones:

2008: Incorporation of the company 2013 Membership of Federation of Freight Forwarders Association of India.
2015: Membership of The Gandhidham Chamber of Commerce & Industry.
2016: Registration as a Multimodal Transport operator under Multimodal Transportation Goods Act, 1993.
2016: Life Member of Kandla Mundra Container Transport Welfare Association.
2017 Membership of WCA.
2017 Indian Sub-Continent Best Partner by WCA 2018 Conversion of Company to Public Limited.