Accuracy Shipping Limited (accuracy) Receives LOI to Set Up CFS at Kandla, Gujarat

Accuracy Shipping Limited (ACCURACY) announced today that A.R.S. Terminals (India) Private Limited, a subsidiary in which Accuracy Shipping Limited holds a 99.80% stake, has received a Letter of Intent (LOI) from the Central Board of Indirect Taxes and Customs (CBIC) for setting up a Container Freight Station (CFS) at Kandla, Gujarat. This strategic move aims to expand Accuracy Shipping’s presence in the container logistics and cargo handling segment.

Strategic Expansion

The proposed CFS, located at Plot No. 7, Sector 10B, Kandla, Gandhidham, Kachchh – 370201, Gujarat, will cater to the handling of import and export cargo. Expected to be operational within one year, the facility will have a storage capacity of approximately 5,000 containers per month and 80,000 containers annually. This expansion is anticipated to strengthen the company’s ability to meet growing cargo handling requirements in the region.

Project Details

The project entails an estimated capital expenditure of approximately ₹25 crore, funded through a combination of debt and internal accruals. At peak operations, the CFS is expected to generate revenue of approximately ₹175–200 crore, with the EBITDA margin projected to grow to double-digit levels as operations scale up. This new facility is poised to enhance the company’s integrated logistics capabilities and support improved profitability as utilization scales up.

Commenting on the development, Vinay Tripathi, Chairman & Managing Director of Accuracy Shipping Limited, said: ‘We are pleased to mark this important milestone in our growth journey with the addition of a new Container Freight Station at Kandla. This strategic expansion will further strengthen our integrated logistics capabilities, enable us to serve a wider customer base, and create new opportunities for revenue growth. We believe the facility will also enhance our operating leverage and support improved profitability as utilization scales up. We remain focused on expanding our presence across key logistics hubs and delivering sustainable long-term value to our stakeholders.’

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Accuracy Shipping Limited

Accuracy Shipping Limited belongs to the Industrials › Integrated Freight & Logistics sector. Here’s a quick read on where the business and the stock stand today.

Accuracy drops 22.6% over three months and trades near its 52-week lows. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. Revenue contracts at -8.6% CAGR. That signals structural headwinds, not a short-term blip. RSI stands at 30, well into oversold territory. Yet sellers still dominated on 18 of recent sessions versus 11 for buyers, so the pressure has not fully lifted. Revenue grows at -8.6% yet the PEG reaches 99.00 — expensive for that growth. Furthermore, the stock drops 22.6% in three months. Neither value nor momentum supports this setup. It needs an earnings beat or a price reset first. Check Fundamentals of Accuracy Shipping Limited.