AVG Group
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AVG Group - overview
Established
1937
Location
Kottayam, Kerala, India
Primary Industry
Agribusiness
About
AVG Group specializes in agriculture, automotive, and real estate, focusing on high-quality products and services that cater to both domestic and international markets, enhancing their operational sustainability. Founded in 1937 and headquartered in Kottayam, India, AVG Group operates in agriculture, automotive, and real estate sectors, providing tea and rubber plantations, automotive services, and real estate properties. The company has successfully maintained its core business strategy without any significant pivots and does not reference any subsidiaries or parent companies. The founding details of AVG Group do not mention prior ventures by the founder.
AVG Group offers a diverse range of products and services, primarily in agriculture, automotive, and real estate. Their agricultural segment focuses on tea and rubber plantations, catering to various sectors in both domestic and international markets. In the automotive sector, AVG Motors and AVG Vehicle Sales & Services provide reliable vehicle sales, servicing, and maintenance solutions to individual and commercial clients. The real estate division includes properties such as Ashley Estate and The Stagbrook, serving hospitality and leisure industries, with a strong commitment to quality and sustainability.
In 2023, AVG Group reported a revenue of USD 2,348,459. 80, with an EBITDA of USD 126,896. 40. Their revenue generation is primarily through direct sales of agricultural products, automotive services, and real estate transactions, engaging in B2B and B2C transactions.
AVG Group aims to bolster its market presence by launching new product lines in the agricultural sector and expanding its automotive services. Plans are in place to enter new geographic markets, specifically targeting Southeast Asia and the Middle East by 2025. Recent funding will facilitate investments in technology infrastructure and marketing efforts to support these initiatives, enhancing their operational capabilities and market outreach.
Primary Industry
Agribusiness
Sub Industries
Non-Alcoholic Beverages, Crop Production
Website
www.avggroup.co.in
Total Amount Raised
Subscriber access only
AVG Group - timeline of key events
AVG Group - financials
| Fiscal Year Ended | Mar 31, 2006 | Mar 31, 2007 | Mar 31, 2008 | Mar 31, 2009 | Mar 31, 2010 | Mar 31, 2011 | Mar 31, 2012 | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 67,593,799 | 70,500,239 | 65,777,407 | 77,873,675 | 58,934,904 | 78,774,597 | 95,612,900 | 117,199,500 | 154,014,800 | 165,891,200 | 141,073,300 | 131,519,200 | 126,591,800 | 145,476,400 | 128,701,900 | 106,011,100 | - | - | - |
| % Revenue Growth (YoY) | - | 4.3% | (6.7%) | 18.4% | (24.3%) | 33.7% | 21.4% | 22.6% | 31.4% | 7.7% | (15.0%) | (6.8%) | (3.7%) | 14.9% | (11.5%) | (17.6%) | - | - | - |
| EBITDA (USD) | 1,780,362 | 2,691,811 | 1,530,809 | 3,040,208 | 3,060,741 | 3,731,305 | 3,459,200 | 4,049,300 | 5,617,500 | 12,280,500 | 12,843,600 | 13,657,100 | 14,840,600 | 14,594,000 | 13,665,600 | 6,344,400 | - | - | - |
| Operating Income (USD) | 1,627,570 | 2,537,717 | 1,404,144 | 2,771,687 | 1,820,617 | 2,505,485 | 2,347,800 | 3,013,700 | 4,722,000 | 11,473,500 | 12,287,600 | 13,181,500 | 14,408,000 | 14,142,000 | 13,081,700 | 5,833,800 | - | - | - |
| Operating Margin | 2.4% | 3.6% | 2.1% | 3.6% | 3.1% | 3.2% | 2.5% | 2.6% | 3.1% | 6.9% | 8.7% | 10.0% | 11.4% | 9.7% | 10.2% | 5.5% | - | - | - |
| % EBITDA Margin | 2.6% | 3.8% | 2.3% | 3.9% | 5.2% | 4.7% | 3.6% | 3.5% | 3.6% | 7.4% | 9.1% | 10.4% | 11.7% | 10.0% | 10.6% | 6.0% | - | - | - |
| NET Income (USD) | 1,413,290 | 2,200,334 | 1,227,317 | 2,377,272 | 529,236 | 2,278,577 | 1,594,500 | 2,911,200 | 4,200,300 | 5,745,900 | 6,174,600 | 7,674,200 | 8,329,100 | 7,866,700 | 7,095,400 | 2,130,600 | - | - | - |
| % Net Margin | 2.1% | 3.1% | 1.9% | 3.1% | 0.9% | 2.9% | 1.7% | 2.5% | 2.7% | 3.5% | 4.4% | 5.8% | 6.6% | 5.4% | 5.5% | 2.0% | - | - | - |
AVG Group - employee data
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