Amiable Logistic

Why is Amiable Logistics India Ltd falling/rising?

As of 24-Jun, Amiable Logistics India Ltd's stock price is stable at 84.95, with a strong upward trend over the past week (+10.04%) and month (+41.58%), outperforming the Sensex. The stock's positive momentum is indicated by trading above its moving averages, despite a modest year-to-date return of +1.19%.

As of 24-Jun, Amiable Logistics India Ltd's stock price is currently stable at 84.95, showing no change (0.00%). However, the stock has demonstrated a strong upward trend over the past week and month, with returns of +10.04% and +41.58%, respectively. This performance is notably better than the benchmark Sensex, which has seen a slight decline of -0.27% over the past week and a modest increase of +1.27% over the past month.<BR><BR>Additionally, the stock is trading above its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a positive momentum. Despite a year-to-date return of +1.19%, which is modest compared to the Sensex's -8.07%, the stock has performed well over the past year with a return of +13.27% against the Sensex's -4.08%. <BR><BR>Overall, while the current price remains unchanged, the recent positive performance and strong positioning relative to moving averages suggest that the stock is experiencing upward momentum, contributing to a perception of stability and potential growth among investors.

Which are the latest news on Amiable Logistic?

What does Amiable Logistic do?

Amiable Logistics India Ltd is a micro-cap transport services company, formerly known as HSAM Clearing Services, which became public in April 2022. As of March 2023, it reported net sales of 16 Cr and a net profit of 0 Cr, with a market cap of INR 13 Cr.

Overview: <BR>Amiable Logistics India Ltd operates in the transport services industry and is categorized as a micro-cap company.<BR><BR>History: <BR>The company was originally incorporated as "HSAM Clearing Services Private Limited" in 2002. It changed its name to "Ami Clearing & Forwarding Private Limited" in 2004 and later became a public limited company named "Amiable Logistics (India) Limited" in April 2022. The most recent quarterly results report net sales and net profit for March 2023.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 16 Cr (Quarterly Results - Mar 2023) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2023) <BR>Market-cap value: INR 13 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 14.00 <BR>Industry P/E: 33 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.25 <BR>Return on Equity: 9.63% <BR>Price-to-Book: 1.35 <BR><BR>Contact Details: <BR>No Company Details Available <BR>Registrar Address: Not available.

How big is Amiable Logistic?

As of 10th June, Amiable Logistics India Ltd has a market capitalization of 13.00 Cr, with recent net sales of 38.70 Cr and a net profit of 1.36 Cr over the last three quarters.

As of 10th June, <BR><BR>Market Cap: Amiable Logistics India Ltd has a market capitalization of 13.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest three quarters is 38.70 Cr, while the sum of Net Profit for the same period is 1.36 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is for March 2025, with Shareholder's Funds amounting to 9.01 Cr and Total Assets valued at 12.81 Cr.

Who are in the management team of Amiable Logistic?

The management team of Amiable Logistic includes Lalit Lakhamshi Mange (Chairman & Managing Director), Kishor Laxmidas Mange and Mohanlal Karsandas Nanda (Executive Directors), and several Non-Executive Independent Directors: Mukesh Jethmal Kothari, Trupti Rajesh Gada, and Jaldeep Ramniklal Shah, along with Mansi Nirav Gandhi as Company Secretary. They oversee the company's operations and strategic direction.

The management team of Amiable Logistic includes the following members:<BR><BR>1. **Lalit Lakhamshi Mange** - Chairman & Managing Director<BR>2. **Kishor Laxmidas Mange** - Executive Director<BR>3. **Mohanlal Karsandas Nanda** - Executive Director<BR>4. **Mukesh Jethmal Kothari** - Non-Executive & Independent Director<BR>5. **Trupti Rajesh Gada** - Non-Executive & Independent Director<BR>6. **Jaldeep Ramniklal Shah** - Non-Executive & Independent Director<BR>7. **Mansi Nirav Gandhi** - Company Secretary<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

Who are the peers of the Amiable Logistic?

Amiable Logistic's peers include Datiware Mari., BLT Logi., Rajvi Logitrade, MFL India, Coastal Roadways, Frontline Corp., Sahara Maritime, PDP Shipping, and Gconnect Logitec. Management risks vary from excellent at Rajvi Logitrade to below average at Amiable Logistic, with Amiable Logistic having the highest 1-year return among peers at 1.12%.

Peers: The peers of Amiable Logistic are Datiware Mari., BLT Logi., Rajvi Logitrade, MFL India, Coastal Roadways, Frontline Corp., Sahara Maritime, PDP Shipping, and Gconnect Logitec.<BR><BR>Quality Snapshot: Excellent management risk is observed at Rajvi Logitrade, while Good management risk is found at BLT Logi., and Average management risk is noted at MFL India and PDP Shipping. Below Average management risk is present at Amiable Logistic, Coastal Roadways, Frontline Corp., Sahara Maritime, and Gconnect Logitec. Growth ratings show Excellent growth at Rajvi Logitrade, Good growth at BLT Logi., Average growth at Gconnect Logitec, and Below Average growth at Amiable Logistic, MFL India, Coastal Roadways, Frontline Corp., Sahara Maritime, and PDP Shipping. Capital Structure ratings indicate Excellent at Rajvi Logitrade, Good at BLT Logi., Coastal Roadways, Sahara Maritime, and PDP Shipping, while Below Average is seen at Amiable Logistic and MFL India.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Amiable Logistic at 1.12%, while Datiware Mari. has the lowest at 0.00%. Amiable Logistic's 1-year return is higher than Datiware Mari.'s. Additionally, all peers have a six-month return of 0.00%, indicating no negative returns in that period.

How has been the historical performance of Amiable Logistic?

Amiable Logistic has experienced a decline in net sales and profits from March 2023 to March 2025, with net sales dropping from INR 29.46 Cr to INR 22.53 Cr, and profit after tax decreasing from INR 1.34 Cr to INR 0.78 Cr. Despite these challenges, cash flow from financing activities showed a positive inflow of INR 1.00 Cr in March 2025.

Answer:<BR>The historical performance of Amiable Logistic shows a fluctuating trend in net sales and profits over the years.<BR><BR>Breakdown:<BR>Amiable Logistic's net sales have experienced a decline from INR 29.46 Cr in March 2023 to INR 22.53 Cr in March 2025, following a peak in March 2023. The total operating income mirrored this trend, decreasing from INR 29.46 Cr in March 2023 to INR 22.53 Cr in March 2025. The company's total expenditure, excluding depreciation, also decreased from INR 28.44 Cr in March 2023 to INR 22.17 Cr in March 2025. Operating profit (PBDIT) saw a decline from INR 2.66 Cr in March 2024 to INR 1.71 Cr in March 2025, while profit before tax decreased from INR 1.87 Cr in March 2024 to INR 1.06 Cr in March 2025. Profit after tax followed a similar pattern, dropping from INR 1.34 Cr in March 2024 to INR 0.78 Cr in March 2025. The company's total assets decreased slightly from INR 13.17 Cr in March 2024 to INR 12.81 Cr in March 2025, while total liabilities also saw a decline from INR 13.17 Cr to INR 12.81 Cr during the same period. Cash flow from financing activities showed a positive trend with an inflow of INR 1.00 Cr in March 2025, while cash flow from operating activities remained at zero. Overall, Amiable Logistic's financial performance indicates challenges in maintaining sales and profit levels despite some positive cash flow from financing activities.

Who are the top shareholders of the Amiable Logistic?

The top shareholders of Amiable Logistic include Lalit Lakhamshi Mange with 24.54%, followed by Getalong Enterprise Limited at 4.12%, and individual investors who collectively own 20.78%. There are no pledged promoter holdings, mutual funds, or foreign institutional investors involved.

The top shareholders of Amiable Logistic include the promoters, with Lalit Lakhamshi Mange holding the largest share at 24.54%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. The highest public shareholder is Getalong Enterprise Limited, which holds 4.12%. Additionally, individual investors collectively own 20.78% of the company.

Is Amiable Logistic overvalued or undervalued?

As of January 2, 2025, Amiable Logistic is considered risky and overvalued with a PE ratio of 13.29 and an EV to EBITDA ratio of 15.04, indicating its financial performance does not justify its market price compared to peers like Container Corp. and Aegis Logistics, despite a recent stock return of 10.79% that outperformed the Sensex's 4.63%.

As of 2 January 2025, the valuation grade for Amiable Logistic has moved from expensive to risky, indicating a shift in perception regarding its financial health and market position. The company is currently considered overvalued based on its financial ratios. The PE ratio stands at 13.29, while the EV to EBITDA ratio is 15.04, and the ROE is 9.48%. These figures suggest that the company's earnings and returns on equity do not justify its current market price.<BR><BR>In comparison to its peers, Amiable Logistic's valuation appears unfavorable. For instance, Container Corp. of India Ltd. has a PE ratio of 37.54, and Aegis Logistics Ltd. shows an even higher PE of 48.56, both categorized as very expensive. Additionally, the EV to Sales ratio for Amiable Logistic is 0.67, which is significantly lower than many of its peers, indicating potential underperformance in sales relative to its enterprise value. Furthermore, while Amiable Logistic has shown a recent stock return of 10.79% over the past month, it still lags behind the Sensex, which returned 4.63% in the same period, reinforcing the notion that the stock may not be a favorable investment at its current valuation.

What is the technical trend for Amiable Logistic?

As of May 28, 2025, Amiable Logistic's technical trend has shifted to bearish, supported by a bearish MACD, moving averages, and Bollinger Bands across multiple time frames.

As of 28 May 2025, the technical trend for Amiable Logistic has changed from mildly bearish to bearish. The weekly MACD is bearish, and daily moving averages confirm a bearish stance. Bollinger Bands indicate a mildly bearish trend on both weekly and monthly time frames. The KST is also bearish on a weekly basis. Overall, the current technical stance is bearish with moderate strength, driven primarily by the bearish MACD and moving averages.

When is the next results date for Amiable Logistic?

No Upcoming Board Meetings

Has Amiable Logistic declared dividend?

No Dividend History Available