Avio Smart Market Stack Ltd.
•₹ 6.99-0.14%
2026-08-21
PROS
- Company is almost debt free
- Working capital cycle has improved - days down from 70 to 8
- Company comfortably covers its interest (50.8x coverage)
CONS
- Company is loss-making at the operating / net level
- Receivables are growing faster than sales - a possible quality concern
- Operating cash flow has been negative in recent years
- Promoter holding has decreased over last 2 years: -23.9pp
- Company has a low return on equity of 3.9% over last 3 years
- A large part of profit comes from other income (28.9% of PBT)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | TCS | 2287.00 | 16.62 | 827456.62 | 4.81 | 13420.00 | 4.69 | 72275.00 | 13.93 | 66.25 | 25.67 |
| 2. | INFY | 1117.05 | 14.97 | 453305.21 | 4.30 | 7775.00 | 12.29 | 48211.00 | 14.03 | 42.84 | 23.66 |
| 3. | HCLTECH | 1322.50 | 20.60 | 358882.21 | 4.08 | 4626.00 | 20.34 | 34579.00 | 13.94 | 31.20 | 19.87 |
| 4. | WIPRO | 179.50 | 13.45 | 177780.78 | 6.13 | 3356.30 | 0.59 | 24478.60 | 10.59 | 18.49 | 18.93 |
| 5. | TECHM | 1582.20 | 30.20 | 155076.76 | 3.22 | 1486.30 | 31.67 | 15711.90 | 17.68 | 23.04 | 17.43 |
| 6. | LTM | 4535.00 | 25.72 | 134517.77 | 1.65 | 1468.60 | 17.06 | 11608.00 | 17.96 | 30.25 | 17.75 |
| 7. | OFSS | 11720.00 | 29.90 | 102061.42 | 3.41 | 1415.50 | 120.52 | 3125.20 | 68.73 | 45.50 | 60.04 |
| 8. | PERSISTENT | 5510.00 | 45.20 | 86920.25 | 0.73 | 483.04 | 13.67 | 4303.23 | 29.09 | 35.09 | 16.19 |
| 9. | COFORGE | 1815.00 | 45.76 | 80390.07 | 0.87 | 531.70 | 49.19 | 5527.70 | 49.86 | 24.70 | 19.14 |
| 10. | MPHASIS | 2420.00 | 24.18 | 46192.17 | 2.56 | 489.51 | 10.82 | 4384.05 | 17.46 | 23.31 | 18.15 |
| 11. | LTTS | 3538.70 | 28.44 | 37537.66 | 1.64 | 357.10 | 12.97 | 2940.10 | 11.47 | 27.70 | 18.65 |
| 12. | ASMS | 7.10 | 36.44 | 216.25 | 0.00 | 0.92 | — | 11.97 | 34.32 | 8.90 | 1.08 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12 | 12 | 12 | 12 | 14 | 9 | 9 | 9 | 9 | 12 | 48 | 34 | 12 | |
| 11 | 13 | 12 | 13 | 13 | 9 | 9 | 9 | 10 | 12 | 46 | 32 | 12 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1 | -1 | -0 | 1 | 1 | 0 | -0 | 1 | -1 | 1 | 3 | 3 | 1 | |
| Tax % | 9.80% | -20.73% | -500.00% | -253.57% | 16.82% | 0.00% | -0.00% | 33.57% | 156.25% | 0.00% | 8.96% | 20.15% | -22.66% |
| Net Profit | 0 | -1 | -0 | 2 | 1 | 0 | -0 | 1 | 0 | 1 | 2 | 2 | 2 |
| 0 | -0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Equity Capital | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 12
- 11
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 9.80%
- Net Profit
- 0
- 0
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 12
- 13
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -1
- Tax %
- -20.73%
- Net Profit
- -1
- -0
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 12
- 12
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- -500.00%
- Net Profit
- -0
- 0
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 12
- 13
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- -253.57%
- Net Profit
- 2
- 0
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 14
- 13
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 16.82%
- Net Profit
- 1
- 0
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 9
- 9
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 0.00%
- Net Profit
- 0
- 0
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 9
- 9
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- -0.00%
- Net Profit
- -0
- -0
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 9
- 9
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 33.57%
- Net Profit
- 1
- 0
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 9
- 10
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -1
- Tax %
- 156.25%
- Net Profit
- 0
- 0
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 12
- 12
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 0.00%
- Net Profit
- 1
- 0
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 48
- 46
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 3
- Tax %
- 8.96%
- Net Profit
- 2
- 0
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 34
- 32
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 3
- Tax %
- 20.15%
- Net Profit
- 2
- 0
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 12
- 12
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- -22.66%
- Net Profit
- 2
- 0
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 43 | 73 | 71 | 68 | 66 | 63 | 65 | 53 | 49 | 40 | 107 | |
| 33 | 62 | 58 | 84 | 59 | 57 | 60 | 51 | 49 | 40 | 101 | |
| Operating Profit | 29 | 10 | 15 | -16 | 10 | 6 | 6 | 3 | 1 | 0 | — |
| OPM % | 68 | 14 | 21 | -23 | 15 | 10 | 9 | 5 | 3 | 1 | — |
| Other Income | 19 | 0 | 2 | 0 | 3 | 0 | 0 | 1 | 1 | 1 | 2 |
| Interest | 54 | 52 | 52 | 52 | 52 | 52 | 52 | 26 | 0 | 0 | 0 |
| Depreciation | 11 | 6 | 6 | 5 | 5 | 4 | 4 | 4 | 0 | 0 | 0 |
| -35 | -51 | -43 | -74 | -47 | -50 | -51 | 130 | 0 | 2 | 8 | |
| Tax % | 6 | 1 | 1 | 11 | -9 | 2 | 1 | 15 | -490 | 27 | 7 |
| Net Profit | -33 | -51 | -43 | -66 | -51 | -49 | -50 | 110 | 1 | 2 | 7 |
| EPS | 0 | 0 | 0 | 0 | -7 | -17 | -15 | 4 | 0 | 0 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -10 | -15 | -13 | -19 | -15 | -14 | -15 | 4 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -10 | -15 | -13 | -19 | -15 | -14 | -15 | 4 | 0 | 0 | — |
Mar 2016
- 43
- 33
- Operating Profit
- 29
- OPM %
- 68
- Other Income
- 19
- Interest
- 54
- Depreciation
- 11
- -35
- Tax %
- 6
- Net Profit
- -33
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -10
Mar 2017
- 73
- 62
- Operating Profit
- 10
- OPM %
- 14
- Other Income
- 0
- Interest
- 52
- Depreciation
- 6
- -51
- Tax %
- 1
- Net Profit
- -51
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -15
Mar 2018
- 71
- 58
- Operating Profit
- 15
- OPM %
- 21
- Other Income
- 2
- Interest
- 52
- Depreciation
- 6
- -43
- Tax %
- 1
- Net Profit
- -43
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -13
Mar 2019
- 68
- 84
- Operating Profit
- -16
- OPM %
- -23
- Other Income
- 0
- Interest
- 52
- Depreciation
- 5
- -74
- Tax %
- 11
- Net Profit
- -66
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -19
Mar 2020
- 66
- 59
- Operating Profit
- 10
- OPM %
- 15
- Other Income
- 3
- Interest
- 52
- Depreciation
- 5
- -47
- Tax %
- -9
- Net Profit
- -51
- EPS
- -7
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -15
Mar 2021
- 63
- 57
- Operating Profit
- 6
- OPM %
- 10
- Other Income
- 0
- Interest
- 52
- Depreciation
- 4
- -50
- Tax %
- 2
- Net Profit
- -49
- EPS
- -17
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -14
Mar 2022
- 65
- 60
- Operating Profit
- 6
- OPM %
- 9
- Other Income
- 0
- Interest
- 52
- Depreciation
- 4
- -51
- Tax %
- 1
- Net Profit
- -50
- EPS
- -15
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -15
Mar 2023
- 53
- 51
- Operating Profit
- 3
- OPM %
- 5
- Other Income
- 1
- Interest
- 26
- Depreciation
- 4
- 130
- Tax %
- 15
- Net Profit
- 110
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2024
- 49
- 49
- Operating Profit
- 1
- OPM %
- 3
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- -490
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2025
- 40
- 40
- Operating Profit
- 0
- OPM %
- 1
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 2
- Tax %
- 27
- Net Profit
- 2
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
TTM
- 107
- 101
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 0
- 8
- Tax %
- 7
- Net Profit
- 7
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 0%
- 5 Years:
- -10%
- 3 Years:
- -15%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 3%
- 1 Year:
- -46%
RETURN ON EQUITY
- 10 Years:
- -35%
- 5 Years:
- 2%
- 3 Years:
- 4%
- Last Year:
- 6%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 30 | 30 | 30 |
| 116 | 57 | 15 | -27 | -51 | -108 | -147 | -5 | -4 | -2 | |
| 240 | 238 | 174 | 175 | 333 | 360 | 387 | 0 | 0 | 0 | |
| Trade Payables | 263 | 262 | 65 | 75 | 44 | 44 | 45 | 0 | 1 | 2 |
| 814 | 858 | 909 | 972 | 895 | 911 | 948 | 0 | -0 | -0 | |
| Total Liabilities | 1,466 | 1,450 | 1,196 | 1,228 | 1,255 | 1,241 | 1,268 | 26 | 27 | 30 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 55 | 50 | 45 | 39 | 32 | 28 | 24 | 4 | 2 | 0 | |
| Capital Work in Progress | 14 | 14 | 14 | 14 | 12 | 12 | 12 | 0 | 0 | 0 |
| 302 | 302 | 302 | 306 | 302 | 302 | 302 | 0 | 0 | 5 | |
| 8 | 5 | 4 | 3 | 3 | 3 | 4 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | |
| Cash & Bank | 5 | 6 | 6 | 6 | 8 | 11 | 15 | 4 | 10 | 2 |
| 1,082 | 1,072 | 826 | 860 | 897 | 885 | 911 | 18 | 14 | 20 | |
| Total Assets | 1,466 | 1,450 | 1,196 | 1,228 | 1,255 | 1,241 | 1,268 | 26 | 27 | 30 |
| Total Debt | 773 | 789 | 747 | 797 | 1,047 | 1,092 | 1,156 | 0 | 0 | 0 |
| Net Working Capital | -380 | -432 | -471 | -520 | -528 | -582 | -617 | 6 | 9 | 1 |
| Contingent Liabilities | 52 | 128 | 116 | 130 | 164 | 163 | 163 | 5 | 299 | 115 |
| Book Value per Share | 43.93 | 26.88 | 14.36 | 1.95 | -5.00 | -21.74 | -33.05 | 0.83 | 0.87 | 0.93 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 773 | 789 | 747 | 797 | 1,047 | 1,092 | 1,156 | 0 | 0 | 0 |
| Net Working Capital | -380 | -432 | -471 | -520 | -528 | -582 | -617 | 6 | 9 | 1 |
| Contingent Liabilities | 52 | 128 | 116 | 130 | 164 | 163 | 163 | 5 | 299 | 115 |
| Book Value per Share | 43.93 | 26.88 | 14.36 | 1.95 | -5.00 | -21.74 | -33.05 | 0.83 | 0.87 | 0.93 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 1.00 | 1.00 | 1.00 |
Mar 2016
- Equity Capital
- 34
- 116
- 240
- Trade Payables
- 263
- 814
- Total Liabilities
- 1,466
- 55
- Capital Work in Progress
- 14
- 302
- 8
- 0
- Cash & Bank
- 5
- 1,082
- Total Assets
- 1,466
- Total Debt
- 773
- Net Working Capital
- -380
- Contingent Liabilities
- 52
- Book Value per Share
- 43.93
- Face Value
- 10.00
- Total Debt
- 773
- Net Working Capital
- -380
- Contingent Liabilities
- 52
- Book Value per Share
- 43.93
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 34
- 57
- 238
- Trade Payables
- 262
- 858
- Total Liabilities
- 1,450
- 50
- Capital Work in Progress
- 14
- 302
- 5
- 0
- Cash & Bank
- 6
- 1,072
- Total Assets
- 1,450
- Total Debt
- 789
- Net Working Capital
- -432
- Contingent Liabilities
- 128
- Book Value per Share
- 26.88
- Face Value
- 10.00
- Total Debt
- 789
- Net Working Capital
- -432
- Contingent Liabilities
- 128
- Book Value per Share
- 26.88
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 34
- 15
- 174
- Trade Payables
- 65
- 909
- Total Liabilities
- 1,196
- 45
- Capital Work in Progress
- 14
- 302
- 4
- 0
- Cash & Bank
- 6
- 826
- Total Assets
- 1,196
- Total Debt
- 747
- Net Working Capital
- -471
- Contingent Liabilities
- 116
- Book Value per Share
- 14.36
- Face Value
- 10.00
- Total Debt
- 747
- Net Working Capital
- -471
- Contingent Liabilities
- 116
- Book Value per Share
- 14.36
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 34
- -27
- 175
- Trade Payables
- 75
- 972
- Total Liabilities
- 1,228
- 39
- Capital Work in Progress
- 14
- 306
- 3
- 0
- Cash & Bank
- 6
- 860
- Total Assets
- 1,228
- Total Debt
- 797
- Net Working Capital
- -520
- Contingent Liabilities
- 130
- Book Value per Share
- 1.95
- Face Value
- 10.00
- Total Debt
- 797
- Net Working Capital
- -520
- Contingent Liabilities
- 130
- Book Value per Share
- 1.95
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 34
- -51
- 333
- Trade Payables
- 44
- 895
- Total Liabilities
- 1,255
- 32
- Capital Work in Progress
- 12
- 302
- 3
- 0
- Cash & Bank
- 8
- 897
- Total Assets
- 1,255
- Total Debt
- 1,047
- Net Working Capital
- -528
- Contingent Liabilities
- 164
- Book Value per Share
- -5.00
- Face Value
- 10.00
- Total Debt
- 1,047
- Net Working Capital
- -528
- Contingent Liabilities
- 164
- Book Value per Share
- -5.00
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 34
- -108
- 360
- Trade Payables
- 44
- 911
- Total Liabilities
- 1,241
- 28
- Capital Work in Progress
- 12
- 302
- 3
- 0
- Cash & Bank
- 11
- 885
- Total Assets
- 1,241
- Total Debt
- 1,092
- Net Working Capital
- -582
- Contingent Liabilities
- 163
- Book Value per Share
- -21.74
- Face Value
- 10.00
- Total Debt
- 1,092
- Net Working Capital
- -582
- Contingent Liabilities
- 163
- Book Value per Share
- -21.74
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 34
- -147
- 387
- Trade Payables
- 45
- 948
- Total Liabilities
- 1,268
- 24
- Capital Work in Progress
- 12
- 302
- 4
- 0
- Cash & Bank
- 15
- 911
- Total Assets
- 1,268
- Total Debt
- 1,156
- Net Working Capital
- -617
- Contingent Liabilities
- 163
- Book Value per Share
- -33.05
- Face Value
- 10.00
- Total Debt
- 1,156
- Net Working Capital
- -617
- Contingent Liabilities
- 163
- Book Value per Share
- -33.05
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 30
- -5
- 0
- Trade Payables
- 0
- 0
- Total Liabilities
- 26
- 4
- Capital Work in Progress
- 0
- 0
- 0
- 0
- Cash & Bank
- 4
- 18
- Total Assets
- 26
- Total Debt
- 0
- Net Working Capital
- 6
- Contingent Liabilities
- 5
- Book Value per Share
- 0.83
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 6
- Contingent Liabilities
- 5
- Book Value per Share
- 0.83
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 30
- -4
- 0
- Trade Payables
- 1
- -0
- Total Liabilities
- 27
- 2
- Capital Work in Progress
- 0
- 0
- 0
- 0
- Cash & Bank
- 10
- 14
- Total Assets
- 27
- Total Debt
- 0
- Net Working Capital
- 9
- Contingent Liabilities
- 299
- Book Value per Share
- 0.87
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 9
- Contingent Liabilities
- 299
- Book Value per Share
- 0.87
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 30
- -2
- 0
- Trade Payables
- 2
- -0
- Total Liabilities
- 30
- 0
- Capital Work in Progress
- 0
- 5
- 0
- 2
- Cash & Bank
- 2
- 20
- Total Assets
- 30
- Total Debt
- 0
- Net Working Capital
- 1
- Contingent Liabilities
- 115
- Book Value per Share
- 0.93
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 1
- Contingent Liabilities
- 115
- Book Value per Share
- 0.93
- Face Value
- 1.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -5 | 4 | 64 | 31 | 61 | 2 | 4 | -9 | -0 | -3 | |
| Cash from Investing | -2 | 1 | 0 | 20 | 11 | 0 | 0 | 1 | 1 | -0 |
| Cash from Financing | 8 | -3 | -64 | -52 | -69 | -0 | 0 | -2 | 0 | 0 |
| 1 | 1 | -0 | -0 | 3 | 2 | 4 | -11 | 0 | -3 | |
| Free Cash Flow | -7 | 3 | 63 | 31 | 61 | 2 | 4 | -9 | -0 | -3 |
| OCF / Net Profit | 0.16 | -0.07 | -1.48 | -0.47 | -1.18 | -0.04 | -0.08 | -0.08 | -0.35 | -1.44 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 151 | 160 | 161 | 89 | 57 | -6 |
| OCF / Net Profit | 0.16 | -0.07 | -1.48 | -0.47 | -1.18 | -0.04 | -0.08 | -0.08 | -0.35 | -1.44 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 151 | 160 | 161 | 89 | 57 | -6 |
Mar 2016
- -5
- Cash from Investing
- -2
- Cash from Financing
- 8
- 1
- Free Cash Flow
- -7
- OCF / Net Profit
- 0.16
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.16
- Cumulative 5-Year FCF
- 0
Mar 2017
- 4
- Cash from Investing
- 1
- Cash from Financing
- -3
- 1
- Free Cash Flow
- 3
- OCF / Net Profit
- -0.07
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.07
- Cumulative 5-Year FCF
- 0
Mar 2018
- 64
- Cash from Investing
- 0
- Cash from Financing
- -64
- -0
- Free Cash Flow
- 63
- OCF / Net Profit
- -1.48
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.48
- Cumulative 5-Year FCF
- 0
Mar 2019
- 31
- Cash from Investing
- 20
- Cash from Financing
- -52
- -0
- Free Cash Flow
- 31
- OCF / Net Profit
- -0.47
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.47
- Cumulative 5-Year FCF
- 0
Mar 2020
- 61
- Cash from Investing
- 11
- Cash from Financing
- -69
- 3
- Free Cash Flow
- 61
- OCF / Net Profit
- -1.18
- Cumulative 5-Year FCF
- 151
- OCF / Net Profit
- -1.18
- Cumulative 5-Year FCF
- 151
Mar 2021
- 2
- Cash from Investing
- 0
- Cash from Financing
- -0
- 2
- Free Cash Flow
- 2
- OCF / Net Profit
- -0.04
- Cumulative 5-Year FCF
- 160
- OCF / Net Profit
- -0.04
- Cumulative 5-Year FCF
- 160
Mar 2022
- 4
- Cash from Investing
- 0
- Cash from Financing
- 0
- 4
- Free Cash Flow
- 4
- OCF / Net Profit
- -0.08
- Cumulative 5-Year FCF
- 161
- OCF / Net Profit
- -0.08
- Cumulative 5-Year FCF
- 161
Mar 2023
- -9
- Cash from Investing
- 1
- Cash from Financing
- -2
- -11
- Free Cash Flow
- -9
- OCF / Net Profit
- -0.08
- Cumulative 5-Year FCF
- 89
- OCF / Net Profit
- -0.08
- Cumulative 5-Year FCF
- 89
Mar 2024
- -0
- Cash from Investing
- 1
- Cash from Financing
- 0
- 0
- Free Cash Flow
- -0
- OCF / Net Profit
- -0.35
- Cumulative 5-Year FCF
- 57
- OCF / Net Profit
- -0.35
- Cumulative 5-Year FCF
- 57
Mar 2025
- -3
- Cash from Investing
- -0
- Cash from Financing
- 0
- -3
- Free Cash Flow
- -3
- OCF / Net Profit
- -1.44
- Cumulative 5-Year FCF
- -6
- OCF / Net Profit
- -1.44
- Cumulative 5-Year FCF
- -6
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | -9.74 | -14.92 | -12.65 | -19.37 | -15.06 | -14.46 | -14.77 | 3.62 | 0.05 | 0.06 |
| Book Value (₹) | 43.93 | 26.88 | 14.36 | 1.95 | -5.00 | -21.74 | -33.05 | 0.83 | 0.87 | 0.93 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | -6.47 | -13.13 | -10.92 | -17.78 | -13.72 | -13.20 | -13.52 | 3.76 | 0.06 | 0.06 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 67.31% | 13.70% | 20.32% | -22.00% | 14.88% | 9.77% | 8.82% | 4.86% | -0.08% | -0.65% |
| Net Margin % | -75.94% | -67.44% | -58.95% | -91.60% | -75.39% | -77.61% | -76.72% | 209.44% | 2.83% | 4.36% |
| ROE % | -19.97% | -42.13% | -61.33% | -237.42% | 0.00% | 0.00% | 0.00% | 0.00% | 5.33% | 6.38% |
| ROCE % | 2.04% | 0.08% | 1.07% | -2.66% | 0.61% | 0.19% | 0.15% | 29.17% | 0.96% | 8.90% |
| -2.29% | -3.48% | -3.25% | -5.44% | -4.13% | -3.95% | -4.01% | 17.04% | 5.24% | 6.19% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 7290 | 4292 | 3772 | 3272 | 3630 | 3939 | 3833 | 2437 | 10 | 13 |
| Inventory Days | 63 | 32 | 24 | 20 | 17 | 16 | 18 | 14 | 1 | 0 |
| Payable Days | 0 | 4930 | 6568 | 1653 | 2536 | 6165 | 4433 | 0 | 1452 | 0 |
| 7353 | -606 | -2773 | 1639 | 1111 | -2210 | -581 | 2451 | -1441 | 14 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 5.16x | 8.62x | 15.28x | 119.86x | -61.56x | -14.75x | -10.27x | 0.00x | 0.00x | 0.01x |
| Interest Coverage (x) | 0.34x | 0.01x | 0.17x | -0.40x | 0.11x | 0.04x | 0.03x | 5.95x | 17.06x | 50.84x |
| 0.71x | 0.69x | 0.60x | 0.58x | 0.59x | 0.56x | 0.56x | 3.61x | 4.33x | 1.26x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 9.32% | 68.97% | -2.24% | -3.68% | -3.25% | -5.02% | 4.18% | -19.58% | -7.20% | -18.02% |
| Operating Profit Growth % | 6889.54% | -64.92% | 43.87% | -206.72% | 163.92% | -38.77% | -6.69% | -55.78% | -43.97% | -69.79% |
| Net Profit Growth % | 70.50% | -53.09% | 15.21% | -53.13% | 22.25% | 3.98% | -2.17% | 319.13% | -98.75% | 26.30% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -98.75% | 26.21% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 390.75x | 234.38x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 20.39x | 14.48x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 369.79x | 941.35x |
Mar 2016
- EPS (₹)
- -9.74
- Book Value (₹)
- 43.93
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -6.47
- Operating Margin %
- 67.31%
- Net Margin %
- -75.94%
- ROE %
- -19.97%
- ROCE %
- 2.04%
- -2.29%
- Debtor Days
- 7290
- Inventory Days
- 63
- Payable Days
- 0
- 7353
- Debt to Equity (x)
- 5.16x
- Interest Coverage (x)
- 0.34x
- 0.71x
- Revenue Growth %
- 9.32%
- Operating Profit Growth %
- 6889.54%
- Net Profit Growth %
- 70.50%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- -14.92
- Book Value (₹)
- 26.88
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -13.13
- Operating Margin %
- 13.70%
- Net Margin %
- -67.44%
- ROE %
- -42.13%
- ROCE %
- 0.08%
- -3.48%
- Debtor Days
- 4292
- Inventory Days
- 32
- Payable Days
- 4930
- -606
- Debt to Equity (x)
- 8.62x
- Interest Coverage (x)
- 0.01x
- 0.69x
- Revenue Growth %
- 68.97%
- Operating Profit Growth %
- -64.92%
- Net Profit Growth %
- -53.09%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- -12.65
- Book Value (₹)
- 14.36
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -10.92
- Operating Margin %
- 20.32%
- Net Margin %
- -58.95%
- ROE %
- -61.33%
- ROCE %
- 1.07%
- -3.25%
- Debtor Days
- 3772
- Inventory Days
- 24
- Payable Days
- 6568
- -2773
- Debt to Equity (x)
- 15.28x
- Interest Coverage (x)
- 0.17x
- 0.60x
- Revenue Growth %
- -2.24%
- Operating Profit Growth %
- 43.87%
- Net Profit Growth %
- 15.21%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- -19.37
- Book Value (₹)
- 1.95
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -17.78
- Operating Margin %
- -22.00%
- Net Margin %
- -91.60%
- ROE %
- -237.42%
- ROCE %
- -2.66%
- -5.44%
- Debtor Days
- 3272
- Inventory Days
- 20
- Payable Days
- 1653
- 1639
- Debt to Equity (x)
- 119.86x
- Interest Coverage (x)
- -0.40x
- 0.58x
- Revenue Growth %
- -3.68%
- Operating Profit Growth %
- -206.72%
- Net Profit Growth %
- -53.13%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- -15.06
- Book Value (₹)
- -5.00
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -13.72
- Operating Margin %
- 14.88%
- Net Margin %
- -75.39%
- ROE %
- 0.00%
- ROCE %
- 0.61%
- -4.13%
- Debtor Days
- 3630
- Inventory Days
- 17
- Payable Days
- 2536
- 1111
- Debt to Equity (x)
- -61.56x
- Interest Coverage (x)
- 0.11x
- 0.59x
- Revenue Growth %
- -3.25%
- Operating Profit Growth %
- 163.92%
- Net Profit Growth %
- 22.25%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -14.46
- Book Value (₹)
- -21.74
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -13.20
- Operating Margin %
- 9.77%
- Net Margin %
- -77.61%
- ROE %
- 0.00%
- ROCE %
- 0.19%
- -3.95%
- Debtor Days
- 3939
- Inventory Days
- 16
- Payable Days
- 6165
- -2210
- Debt to Equity (x)
- -14.75x
- Interest Coverage (x)
- 0.04x
- 0.56x
- Revenue Growth %
- -5.02%
- Operating Profit Growth %
- -38.77%
- Net Profit Growth %
- 3.98%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- -14.77
- Book Value (₹)
- -33.05
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -13.52
- Operating Margin %
- 8.82%
- Net Margin %
- -76.72%
- ROE %
- 0.00%
- ROCE %
- 0.15%
- -4.01%
- Debtor Days
- 3833
- Inventory Days
- 18
- Payable Days
- 4433
- -581
- Debt to Equity (x)
- -10.27x
- Interest Coverage (x)
- 0.03x
- 0.56x
- Revenue Growth %
- 4.18%
- Operating Profit Growth %
- -6.69%
- Net Profit Growth %
- -2.17%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 3.62
- Book Value (₹)
- 0.83
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.76
- Operating Margin %
- 4.86%
- Net Margin %
- 209.44%
- ROE %
- 0.00%
- ROCE %
- 29.17%
- 17.04%
- Debtor Days
- 2437
- Inventory Days
- 14
- Payable Days
- 0
- 2451
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 5.95x
- 3.61x
- Revenue Growth %
- -19.58%
- Operating Profit Growth %
- -55.78%
- Net Profit Growth %
- 319.13%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 0.05
- Book Value (₹)
- 0.87
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.06
- Operating Margin %
- -0.08%
- Net Margin %
- 2.83%
- ROE %
- 5.33%
- ROCE %
- 0.96%
- 5.24%
- Debtor Days
- 10
- Inventory Days
- 1
- Payable Days
- 1452
- -1441
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 17.06x
- 4.33x
- Revenue Growth %
- -7.20%
- Operating Profit Growth %
- -43.97%
- Net Profit Growth %
- -98.75%
- -98.75%
- P/E (x)
- 390.75x
- P/B (x)
- 20.39x
- Dividend Yield %
- 0.00%
- 369.79x
Mar 2025
- EPS (₹)
- 0.06
- Book Value (₹)
- 0.93
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.06
- Operating Margin %
- -0.65%
- Net Margin %
- 4.36%
- ROE %
- 6.38%
- ROCE %
- 8.90%
- 6.19%
- Debtor Days
- 13
- Inventory Days
- 0
- Payable Days
- 0
- 14
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 50.84x
- 1.26x
- Revenue Growth %
- -18.02%
- Operating Profit Growth %
- -69.79%
- Net Profit Growth %
- 26.30%
- 26.21%
- P/E (x)
- 234.38x
- P/B (x)
- 14.48x
- Dividend Yield %
- 0.00%
- 941.35x
Documents
Announcements
- Updates
2026-08-12 - Avio Smart Market Stack Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Incorporation of a step-down subsidiary of the Company'.
- Outcome of Board Meeting
2026-08-12 - Avio Smart Market Stack Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
Annual Reports
Credit Ratings
Nothing filed yet.