AFCOM Holdings Limited Showcases Growth and Expertise at Alpha Ideas SME Stars 2025 Event

1 min read     Updated on 24 Aug 2025, 11:48 AM
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Reviewed by
Radhika SahaniBy ScanX News Team
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Overview

AFCOM Holdings, a rising player in aviation cargo, presented at the Alpha Ideas SME Stars 2025 Event, highlighting key achievements. The company has listed on BSE, obtained an Air Operator Permit, and secured import permits for Boeing 737-800 aircraft. AFCOM has expanded its network with major airline partnerships and routes to key Asian destinations. It specializes in hazardous cargo handling with 100% dispatch reliability. The company is pursuing IOSA accreditation and boasts an experienced leadership team, including industry veterans in aviation and finance.

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*this image is generated using AI for illustrative purposes only.

Afcom Holdings , a rising player in the aviation cargo industry, recently submitted a corporate presentation for the Alpha Ideas SME Stars 2025 Event, highlighting its significant milestones and strategic positioning in the market.

Key Achievements and Operational Highlights

AFCOM has made substantial progress in establishing itself as a formidable presence in the air cargo sector. The company has successfully:

  • Transformed into a publicly listed entity on the Bombay Stock Exchange
  • Secured an Air Operator Permit
  • Obtained import permits for Boeing 737-800 aircraft

Expanding Network and Partnerships

The company's growth is evident in its expanding network of operations and strategic partnerships. AFCOM now boasts:

  • Memberships with major airlines including Etihad, Turkish, and VietJet
  • Routes serving key destinations such as Bangkok, Hanoi, Myanmar, Colombo, and Maldives
  • Domestic charter services for specialized cargo movement, including shrimp, mobile phones, and e-commerce goods

Specialization in Hazardous Cargo Handling

AFCOM has carved a niche for itself in the handling of dangerous and hazardous cargo. The company prides itself on:

  • 100% dispatch reliability
  • Compliance with DGCA approvals and international safety standards
  • Specially trained staff and established procedures for handling sensitive shipments

Pursuit of Excellence and Safety

In its commitment to maintaining high standards, AFCOM is:

  • Seeking IOSA (IATA Operational Safety Audit) accreditation
  • Contracting with IATA for bespoke consulting services to achieve this accreditation
  • Implementing a policy of continuous training and improvement across all disciplines

Experienced Leadership

The management team of AFCOM Holdings Limited brings a wealth of experience to the table:

  • Capt. Deepak Parasuraman (Chairman): Over 20 years of experience in airline operations with 20,000+ hours of flying experience
  • Kannan Ramakrishnan (Whole-Time Director): 30+ years of leadership experience in diverse industries
  • Ms. Arundathi Mech (Independent Director): Former Chief General Manager & Regional Director at RBI with 35 years of experience in banking regulation and governance
  • Dr. Lalit Gupta (Independent Director): Former joint director of the Directorate General of Civil Aviation with expertise in aviation safety

Financial Performance

While specific financial details were not provided in the presentation, the company's listing on the Bombay Stock Exchange and its expanding operations suggest a positive growth trajectory.

AFCOM Holdings Limited's presentation at the Alpha Ideas SME Stars 2025 Event underscores its ambition to become a significant player in the air cargo industry. With its focus on specialized cargo handling, strategic partnerships, and experienced leadership, the company appears well-positioned for future growth in the competitive aviation sector.

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Afcom Holdings Achieves Record Transshipment Volume at Velana International Airport

2 min read     Updated on 11 Aug 2025, 10:27 PM
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Reviewed by
Ashish ThakurBy ScanX News Team
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Overview

Afcom Holdings Limited set a new record for transshipment cargo volume at Velana International Airport (MLE) in the Maldives in July 2025. The company has become the top contributor to MLE's monthly transshipment volumes, aligning with the airport's goal to become a key air transshipment hub in the Indian Ocean aviation corridor. Afcom operates two Boeing 737-800 BCF aircraft and is expanding its regional network. The company's financial performance reflects this success, with significant year-over-year growth in Q1 FY26, including a 198.10% increase in total income and a 4,255.50% increase in net profit.

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*this image is generated using AI for illustrative purposes only.

Afcom Holdings Limited has marked a significant milestone in its operations by achieving the highest-ever volume of transshipment cargo at Velana International Airport (MLE) in the Maldives during July 2025. This achievement not only underscores Afcom's growing prominence in the regional logistics sector but also aligns with MLE's vision to establish itself as a key air transshipment hub in the Indian Ocean aviation corridor.

Record-Breaking Performance

Velana International Airport recorded its highest-ever transshipment volume in a single month during July 2025, with Afcom emerging as the top contributor to this historic achievement. The company's performance represents a remarkable growth trajectory, having expanded from a modest market share at the beginning of the year to becoming the highest contributor to MLE's monthly transshipment volumes.

Strategic Growth and Expansion

Afcom's success in the Maldives is part of its broader strategy to optimize air cargo flows across high-potential corridors linking South Asia, Southeast Asia, and the Middle East. The company operates two Boeing 737-800 BCF aircraft, enabling efficient and timely cargo handling.

Capt. Deepak Parasuraman, Chairman & Managing Director of Afcom Holdings Limited, commented on the achievement: "This accomplishment is a testament to the agility, precision, and dedication of our operations team, as well as the strength of our partnerships with stakeholders across the region. Transshipment has become a critical pillar of our growth strategy, with the Maldives serving as a strategic junction point in our expanding regional network."

Collaborative Efforts and Future Prospects

The success at MLE is the result of close collaboration between Afcom and the Maldives Airports Company Limited (MACL). Mr. Hussain Shafiu, Manager of the Cargo Department at Velana International Airport, expressed enthusiasm about the partnership: "As transshipment continues to be a key pillar of our cargo strategic focus, MACL remains committed to working closely with Afcom and providing the necessary support to further grow this market segment."

Financial Performance

Afcom's operational success is reflected in its financial results. In FY25, the company reported:

Financial Metric Amount (₹ in Lakhs)
Total Income 24,254.16
EBITDA 7,260.82
Net Profit 4,842.23

Moreover, the company's Q1 FY26 results show continued strong performance:

Particulars Q1 FY26 (₹ in Lakhs) Q1 FY25 (₹ in Lakhs) YoY Growth
Total Income 11,889.00 3,988.10 198.10%
EBITDA 3,664.70 146.50 2,401.80%
Net Profit 2,707.00 62.20 4,255.50%
EPS (₹) 10.90 0.30 3,102.90%

Expanding Horizons

Afcom continues to expand its operations and enhance its service offerings. Recent developments include:

  1. Joining the IATA Clearing House, which improves the company's global connectivity and financial efficiency.
  2. Launching a new route to Hanoi, Vietnam, and establishing an interline agreement with Viet Jet to strengthen connectivity in the ASEAN region.
  3. Maintaining a strong network utilization of approximately 84%.

As Afcom Holdings Limited continues to strengthen its position in the air cargo industry, its focus on transshipment operations through strategic hubs like Velana International Airport is likely to play a crucial role in its future growth and expansion plans.

Historical Stock Returns for Afcom Holdings

1 Day5 Days1 Month6 Months1 Year5 Years
+4.91%+10.96%-6.95%+26.58%+162.82%+348.06%
Afcom Holdings
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