
Accuracy Shipping Limited (NSE: ACCURACY | BSE: 544598)
Accuracy Shipping Limited (NSE: ACCURACY | BSE: 544598)
Introduction
On 11 September 2026, Accuracy Shipping Limited (the “Company”) filed a corporate announcement with both the National Stock Exchange of India (NSE) and BSE, informing shareholders and the market that its subsidiary A.R.S. Terminals (India) Private Limited has received a Letter of Intent (LoI) from the Central Board of Indirect Taxes and Customs (CBIC) to establish a Container Freight Station (CFS) at Kandla, Gujarat.
Key Highlights
Strategic Expansion
- Location: Plot No. 7, Sector 10B, Kandla, Gandhidham, Kachchh – 370201, Gujarat.
- Purpose: Strengthen the Group’s container logistics and cargo‑handling capabilities and broaden its footprint across major logistics hubs in India.
Project Scope & Financials
- Stake in Subsidiary: Accuracy Shipping holds 99.80 % of A.R.S. Terminals (India) Pvt. Ltd.
- Capacity:
- Approx. 5,000 containers per month
- 80,000 containers annually
- Capital Expenditure: Estimated ₹25 crore, to be financed through a mix of debt and internal accruals.
- Revenue Outlook: At full utilization, the CFS is projected to generate ₹175 – 200 crore in revenue.
- Profitability: Expected EBITDA margin to rise to double‑digit levels as operations scale.
- Timeline: Facility slated to become operational within one year of the LoI issuance (dated 10 September 2026).
Management Commentary
“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.”
— Vinay Tripathi, Chairman & Managing Director, Accuracy Shipping Limited
Regulatory & Compliance Note
- The LoI was issued by the Central Board of Indirect Taxes and Customs (CBIC), indicating regulatory approval to proceed with the CFS project.
About Accuracy Shipping Limited
Accuracy Shipping Limited is an integrated logistics solutions provider offering freight forwarding, customs clearance, transportation, warehousing, and container logistics services to a diversified domestic and international clientele. The Company continues to focus on expanding its logistics infrastructure, enhancing service capabilities, and delivering sustainable profitability.
Disclaimer
The announcement contains forward‑looking statements based on management’s current expectations and assumptions. Actual results may differ materially due to known and unknown risks. The document does not constitute an offer to purchase or subscribe for any securities.
For further information, investors may contact Mr. Sagar Shroff (Mobile: 98205 19303, Email: sagar.shroff@sgapl.net) or Mr. Prabjeet Singh (Mobile: 81690 49325, Email: prabjeet.singh@sgapl.net).
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Original Source Document
View the original exchange filing or announcement.
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