Avro India Ltd.
•₹ 8.59-8.42%
2026-08-21
PROS
- Company has delivered good profit growth of 21.8% CAGR over last 5 years
- Company maintains a comfortable, low leverage position
CONS
- Operating cash flow has been negative in recent years
- A large part of profit comes from other income (114.6% of PBT)
- Receivables are growing faster than sales - a possible quality concern
- Promoter holding has decreased over last 2 years: -16.7pp
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.59x)
* 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. | SUPREMEIND | 3659.00 | 45.02 | 46479.13 | 0.98 | 280.72 | 38.76 | 2717.66 | 4.16 | 21.49 | 17.33 |
| 2. | ASTRAL | 1535.05 | 71.66 | 41239.14 | 0.26 | 120.20 | 51.77 | 1578.00 | 15.93 | 19.95 | 14.65 |
| 3. | GRWRHITECH | 7110.10 | 42.59 | 16518.46 | 0.17 | 132.65 | 59.78 | 633.08 | 27.90 | 20.41 | 27.17 |
| 4. | SHAILY | 3348.90 | 87.12 | 15403.35 | 0.09 | 48.01 | 16.75 | 280.67 | 13.77 | 19.55 | 29.59 |
| 5. | FINPIPE | 158.70 | 16.00 | 9846.97 | 1.73 | 114.52 | 16.67 | 883.58 | -15.30 | 17.40 | 12.09 |
| 6. | TIMETECHNO | 191.50 | 19.30 | 9453.12 | 0.78 | 1178.60 | 1120.71 | 16927.10 | 1151.40 | 18.16 | 13.25 |
| 7. | KINGFA | 5864.50 | 0.00 | 7947.21 | 0.00 | 80.21 | 101.58 | 688.57 | 49.06 | 30.70 | 16.12 |
| 8. | RESPONIND | 156.60 | 41.21 | 4175.09 | 0.06 | 2.74 | -94.51 | 192.87 | -43.06 | 10.76 | 12.09 |
| 9. | POLYPLEX | 1169.90 | 23.65 | 3672.60 | 0.26 | 171.07 | 386.02 | 2253.62 | 29.62 | 1.51 | 13.15 |
| 10. | PRINCEPIPE | 282.75 | 0.00 | 3126.11 | 0.35 | 337.49 | 6900.41 | 6094.18 | 949.97 | 3.92 | 12.66 |
| 11. | NILKAMAL | 2045.15 | 24.48 | 3051.88 | 0.98 | 24.40 | 59.20 | 819.73 | -7.18 | 10.76 | 9.44 |
| 12. | AVROIND | 9.53 | 30.17 | 127.87 | 0.00 | 6.93 | 558.75 | 253.43 | 1069.60 | 8.21 | 0.36 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 23 | 19 | 29 | 23 | 17 | 18 | 24 | 19 | 22 | 21 | 24 | 24 | 23 | |
| 21 | 17 | 27 | 22 | 16 | 16 | 23 | 19 | 20 | 20 | 24 | 24 | 25 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| Tax % | 31.29% | 25.55% | 27.10% | 30.40% | 4.35% | 33.06% | 26.76% | 23.53% | 26.57% | 16.44% | 23.57% | 25.00% | 8.64% |
| Net Profit | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 0 | |
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 11 | 13 | 13 | 13 | 13 | 13 | 13 |
| 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 | 10 | 10 | 10 | 10 | 10 | 10 | 11 | 13 | 13 | 13 | 13 | 13 | 13 |
| 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
- 23
- 21
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 31.29%
- Net Profit
- 1
- 1
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 19
- 17
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 25.55%
- Net Profit
- 1
- 1
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 29
- 27
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 2
- Tax %
- 27.10%
- Net Profit
- 1
- 1
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 23
- 22
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 30.40%
- Net Profit
- 1
- 1
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 17
- 16
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 4.35%
- Net Profit
- 1
- 1
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 18
- 16
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 33.06%
- Net Profit
- 1
- 1
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 24
- 23
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 26.76%
- Net Profit
- 1
- 1
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 19
- 19
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 23.53%
- Net Profit
- 1
- 0
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 22
- 20
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 26.57%
- Net Profit
- 1
- 1
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 21
- 20
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 16.44%
- Net Profit
- 1
- 1
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 24
- 24
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 23.57%
- Net Profit
- 1
- 1
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 24
- 24
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 25.00%
- Net Profit
- 1
- 1
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 23
- 25
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 8.64%
- Net Profit
- 1
- 0
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 10 | 14 | 27 | 49 | 44 | 53 | 65 | 80 | 93 | 78 | 93 | |
| 9 | 12 | 24 | 46 | 41 | 49 | 60 | 74 | 88 | 73 | 92 | |
| Operating Profit | 1 | 1 | 3 | 3 | 3 | 4 | 6 | 9 | 10 | 10 | — |
| OPM % | 13 | 11 | 10 | 7 | 7 | 8 | 9 | 11 | 11 | 12 | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 4 | 5 | 8 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 4 | 4 |
| 0 | 0 | 1 | 1 | 1 | 2 | 4 | 6 | 6 | 4 | 5 | |
| Tax % | 42 | 11 | 28 | 37 | 19 | 27 | 24 | 29 | 28 | 24 | 19 |
| Net Profit | 0 | 0 | 1 | 1 | 1 | 2 | 3 | 4 | 4 | 3 | 4 |
| EPS | 0 | 1 | 4 | 3 | 3 | 2 | 3 | 4 | 4 | 2 | — |
| 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 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
Mar 2016
- 10
- 9
- Operating Profit
- 1
- OPM %
- 13
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 0
- Tax %
- 42
- Net Profit
- 0
- 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 2017
- 14
- 12
- Operating Profit
- 1
- OPM %
- 11
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 0
- Tax %
- 11
- Net Profit
- 0
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2018
- 27
- 24
- Operating Profit
- 3
- OPM %
- 10
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 28
- Net Profit
- 1
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2019
- 49
- 46
- Operating Profit
- 3
- OPM %
- 7
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 37
- Net Profit
- 1
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2020
- 44
- 41
- Operating Profit
- 3
- OPM %
- 7
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 19
- Net Profit
- 1
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2021
- 53
- 49
- Operating Profit
- 4
- OPM %
- 8
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 2
- Tax %
- 27
- Net Profit
- 2
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2022
- 65
- 60
- Operating Profit
- 6
- OPM %
- 9
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 4
- Tax %
- 24
- Net Profit
- 3
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2023
- 80
- 74
- Operating Profit
- 9
- OPM %
- 11
- Other Income
- 2
- Interest
- 1
- Depreciation
- 2
- 6
- Tax %
- 29
- Net Profit
- 4
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2024
- 93
- 88
- Operating Profit
- 10
- OPM %
- 11
- Other Income
- 4
- Interest
- 1
- Depreciation
- 3
- 6
- Tax %
- 28
- Net Profit
- 4
- EPS
- 4
- 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
- 78
- 73
- Operating Profit
- 10
- OPM %
- 12
- Other Income
- 5
- Interest
- 2
- Depreciation
- 4
- 4
- Tax %
- 24
- Net Profit
- 3
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
TTM
- 93
- 92
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 2
- Depreciation
- 4
- 5
- Tax %
- 19
- Net Profit
- 4
- 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:
- 26%
- 5 Years:
- 12%
- 3 Years:
- 7%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 56%
- 5 Years:
- 22%
- 3 Years:
- 1%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- 26%
- 3 Years:
- -8%
- 1 Year:
- -45%
RETURN ON EQUITY
- 10 Years:
- 15%
- 5 Years:
- 18%
- 3 Years:
- 17%
- 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 | 2 | 2 | 2 | 3 | 3 | 3 | 10 | 10 | 10 | 13 |
| 1 | 1 | 4 | 9 | 10 | 14 | 11 | 15 | 19 | 69 | |
| 2 | 2 | 2 | 2 | 2 | 4 | 7 | 9 | 10 | 13 | |
| Trade Payables | 1 | 3 | 4 | 3 | 3 | 2 | 8 | 4 | 7 | 9 |
| 2 | 3 | 3 | 2 | 2 | 1 | 3 | 5 | 10 | 15 | |
| Total Liabilities | 8 | 10 | 16 | 20 | 20 | 25 | 38 | 42 | 56 | 118 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 4 | 4 | 8 | 8 | 8 | 10 | 12 | 15 | 20 | 25 | |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 3 |
| 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 2 | |
| 2 | 2 | 2 | 1 | 1 | 2 | 5 | 6 | 7 | 15 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21 | 24 | |
| Cash & Bank | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 42 |
| 3 | 4 | 6 | 10 | 9 | 12 | 20 | 19 | 6 | 8 | |
| Total Assets | 8 | 10 | 16 | 20 | 20 | 25 | 38 | 42 | 56 | 118 |
| Total Debt | 4 | 4 | 3 | 3 | 3 | 4 | 8 | 12 | 16 | 20 |
| Net Working Capital | 1 | 1 | 1 | 5 | 6 | 8 | 10 | 12 | 12 | 62 |
| Contingent Liabilities | 0 | 2 | 2 | 4 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book Value per Share | 164.26 | 170.04 | 14.97 | 27.38 | 30.87 | 35.35 | 14.37 | 18.49 | 22.48 | 56.83 |
| Face Value | 100.00 | 100.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 4 | 4 | 3 | 3 | 3 | 4 | 8 | 12 | 16 | 20 |
| Net Working Capital | 1 | 1 | 1 | 5 | 6 | 8 | 10 | 12 | 12 | 62 |
| Contingent Liabilities | 0 | 2 | 2 | 4 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book Value per Share | 164.26 | 170.04 | 14.97 | 27.38 | 30.87 | 35.35 | 14.37 | 18.49 | 22.48 | 56.83 |
| Face Value | 100.00 | 100.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 2
- 1
- 2
- Trade Payables
- 1
- 2
- Total Liabilities
- 8
- 4
- Capital Work in Progress
- 0
- 0
- 2
- 0
- Cash & Bank
- 0
- 3
- Total Assets
- 8
- Total Debt
- 4
- Net Working Capital
- 1
- Contingent Liabilities
- 0
- Book Value per Share
- 164.26
- Face Value
- 100.00
- Total Debt
- 4
- Net Working Capital
- 1
- Contingent Liabilities
- 0
- Book Value per Share
- 164.26
- Face Value
- 100.00
Mar 2017
- Equity Capital
- 2
- 1
- 2
- Trade Payables
- 3
- 3
- Total Liabilities
- 10
- 4
- Capital Work in Progress
- 0
- 0
- 2
- 0
- Cash & Bank
- 0
- 4
- Total Assets
- 10
- Total Debt
- 4
- Net Working Capital
- 1
- Contingent Liabilities
- 2
- Book Value per Share
- 170.04
- Face Value
- 100.00
- Total Debt
- 4
- Net Working Capital
- 1
- Contingent Liabilities
- 2
- Book Value per Share
- 170.04
- Face Value
- 100.00
Mar 2018
- Equity Capital
- 2
- 4
- 2
- Trade Payables
- 4
- 3
- Total Liabilities
- 16
- 8
- Capital Work in Progress
- 0
- 0
- 2
- 0
- Cash & Bank
- 0
- 6
- Total Assets
- 16
- Total Debt
- 3
- Net Working Capital
- 1
- Contingent Liabilities
- 2
- Book Value per Share
- 14.97
- Face Value
- 10.00
- Total Debt
- 3
- Net Working Capital
- 1
- Contingent Liabilities
- 2
- Book Value per Share
- 14.97
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 3
- 9
- 2
- Trade Payables
- 3
- 2
- Total Liabilities
- 20
- 8
- Capital Work in Progress
- 0
- 0
- 1
- 0
- Cash & Bank
- 1
- 10
- Total Assets
- 20
- Total Debt
- 3
- Net Working Capital
- 5
- Contingent Liabilities
- 4
- Book Value per Share
- 27.38
- Face Value
- 10.00
- Total Debt
- 3
- Net Working Capital
- 5
- Contingent Liabilities
- 4
- Book Value per Share
- 27.38
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 3
- 10
- 2
- Trade Payables
- 3
- 2
- Total Liabilities
- 20
- 8
- Capital Work in Progress
- 0
- 0
- 1
- 0
- Cash & Bank
- 0
- 9
- Total Assets
- 20
- Total Debt
- 3
- Net Working Capital
- 6
- Contingent Liabilities
- 0
- Book Value per Share
- 30.87
- Face Value
- 10.00
- Total Debt
- 3
- Net Working Capital
- 6
- Contingent Liabilities
- 0
- Book Value per Share
- 30.87
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 3
- 14
- 4
- Trade Payables
- 2
- 1
- Total Liabilities
- 25
- 10
- Capital Work in Progress
- 0
- 1
- 2
- 0
- Cash & Bank
- 0
- 12
- Total Assets
- 25
- Total Debt
- 4
- Net Working Capital
- 8
- Contingent Liabilities
- 0
- Book Value per Share
- 35.35
- Face Value
- 10.00
- Total Debt
- 4
- Net Working Capital
- 8
- Contingent Liabilities
- 0
- Book Value per Share
- 35.35
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 10
- 11
- 7
- Trade Payables
- 8
- 3
- Total Liabilities
- 38
- 12
- Capital Work in Progress
- 0
- 0
- 5
- 0
- Cash & Bank
- 0
- 20
- Total Assets
- 38
- Total Debt
- 8
- Net Working Capital
- 10
- Contingent Liabilities
- 0
- Book Value per Share
- 14.37
- Face Value
- 10.00
- Total Debt
- 8
- Net Working Capital
- 10
- Contingent Liabilities
- 0
- Book Value per Share
- 14.37
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 10
- 15
- 9
- Trade Payables
- 4
- 5
- Total Liabilities
- 42
- 15
- Capital Work in Progress
- 0
- 1
- 6
- 0
- Cash & Bank
- 1
- 19
- Total Assets
- 42
- Total Debt
- 12
- Net Working Capital
- 12
- Contingent Liabilities
- 0
- Book Value per Share
- 18.49
- Face Value
- 10.00
- Total Debt
- 12
- Net Working Capital
- 12
- Contingent Liabilities
- 0
- Book Value per Share
- 18.49
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 10
- 19
- 10
- Trade Payables
- 7
- 10
- Total Liabilities
- 56
- 20
- Capital Work in Progress
- 1
- 1
- 7
- 21
- Cash & Bank
- 0
- 6
- Total Assets
- 56
- Total Debt
- 16
- Net Working Capital
- 12
- Contingent Liabilities
- 0
- Book Value per Share
- 22.48
- Face Value
- 10.00
- Total Debt
- 16
- Net Working Capital
- 12
- Contingent Liabilities
- 0
- Book Value per Share
- 22.48
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 13
- 69
- 13
- Trade Payables
- 9
- 15
- Total Liabilities
- 118
- 25
- Capital Work in Progress
- 3
- 2
- 15
- 24
- Cash & Bank
- 42
- 8
- Total Assets
- 118
- Total Debt
- 20
- Net Working Capital
- 62
- Contingent Liabilities
- 0
- Book Value per Share
- 56.83
- Face Value
- 10.00
- Total Debt
- 20
- Net Working Capital
- 62
- Contingent Liabilities
- 0
- Book Value per Share
- 56.83
- Face Value
- 10.00
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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 2 | 3 | -2 | 2 | 0 | -1 | 3 | 6 | -2 | |
| Cash from Investing | -1 | -1 | -2 | -2 | -1 | -1 | -2 | -6 | -9 | -24 |
| Cash from Financing | -0 | -0 | -1 | 4 | -1 | 1 | 3 | 3 | 3 | 56 |
| -0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | -0 | 30 | |
| Free Cash Flow | 0 | 1 | -2 | -3 | 2 | 0 | -9 | -1 | -2 | -13 |
| OCF / Net Profit | 24.73 | 14.19 | 2.94 | -2.40 | 1.97 | 0.04 | -0.20 | 0.68 | 1.50 | -0.76 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -3 | -3 | -13 | -12 | -11 | -26 |
| OCF / Net Profit | 24.73 | 14.19 | 2.94 | -2.40 | 1.97 | 0.04 | -0.20 | 0.68 | 1.50 | -0.76 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -3 | -3 | -13 | -12 | -11 | -26 |
Mar 2016
- 1
- Cash from Investing
- -1
- Cash from Financing
- -0
- -0
- Free Cash Flow
- 0
- OCF / Net Profit
- 24.73
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 24.73
- Cumulative 5-Year FCF
- 0
Mar 2017
- 2
- Cash from Investing
- -1
- Cash from Financing
- -0
- 0
- Free Cash Flow
- 1
- OCF / Net Profit
- 14.19
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 14.19
- Cumulative 5-Year FCF
- 0
Mar 2018
- 3
- Cash from Investing
- -2
- Cash from Financing
- -1
- 0
- Free Cash Flow
- -2
- OCF / Net Profit
- 2.94
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.94
- Cumulative 5-Year FCF
- 0
Mar 2019
- -2
- Cash from Investing
- -2
- Cash from Financing
- 4
- 0
- Free Cash Flow
- -3
- OCF / Net Profit
- -2.40
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -2.40
- Cumulative 5-Year FCF
- 0
Mar 2020
- 2
- Cash from Investing
- -1
- Cash from Financing
- -1
- -0
- Free Cash Flow
- 2
- OCF / Net Profit
- 1.97
- Cumulative 5-Year FCF
- -3
- OCF / Net Profit
- 1.97
- Cumulative 5-Year FCF
- -3
Mar 2021
- 0
- Cash from Investing
- -1
- Cash from Financing
- 1
- 0
- Free Cash Flow
- 0
- OCF / Net Profit
- 0.04
- Cumulative 5-Year FCF
- -3
- OCF / Net Profit
- 0.04
- Cumulative 5-Year FCF
- -3
Mar 2022
- -1
- Cash from Investing
- -2
- Cash from Financing
- 3
- 0
- Free Cash Flow
- -9
- OCF / Net Profit
- -0.20
- Cumulative 5-Year FCF
- -13
- OCF / Net Profit
- -0.20
- Cumulative 5-Year FCF
- -13
Mar 2023
- 3
- Cash from Investing
- -6
- Cash from Financing
- 3
- 0
- Free Cash Flow
- -1
- OCF / Net Profit
- 0.68
- Cumulative 5-Year FCF
- -12
- OCF / Net Profit
- 0.68
- Cumulative 5-Year FCF
- -12
Mar 2024
- 6
- Cash from Investing
- -9
- Cash from Financing
- 3
- -0
- Free Cash Flow
- -2
- OCF / Net Profit
- 1.50
- Cumulative 5-Year FCF
- -11
- OCF / Net Profit
- 1.50
- Cumulative 5-Year FCF
- -11
Mar 2025
- -2
- Cash from Investing
- -24
- Cash from Financing
- 56
- 30
- Free Cash Flow
- -13
- OCF / Net Profit
- -0.76
- Cumulative 5-Year FCF
- -26
- OCF / Net Profit
- -0.76
- Cumulative 5-Year FCF
- -26
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 (₹) | 3.51 | 8.65 | 3.60 | 2.62 | 3.49 | 5.37 | 2.95 | 4.12 | 4.00 | 2.29 |
| Book Value (₹) | 164.26 | 170.04 | 14.97 | 27.38 | 30.87 | 35.35 | 14.37 | 18.49 | 22.48 | 56.83 |
| 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 (₹) | 0.11 | 0.15 | 0.28 | 0.21 | 0.26 | 0.32 | 0.42 | 0.59 | 0.68 | 0.52 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 11.48% | 9.64% | 9.97% | 6.83% | 7.19% | 7.71% | 8.70% | 10.77% | 6.25% | 6.52% |
| Net Margin % | 0.50% | 0.88% | 3.17% | 1.74% | 2.58% | 3.28% | 4.60% | 5.19% | 4.32% | 3.88% |
| ROE % | 2.16% | 5.17% | 27.35% | 13.71% | 11.98% | 16.22% | 22.89% | 25.04% | 19.54% | 6.19% |
| ROCE % | 8.40% | 8.22% | 22.08% | 17.36% | 13.73% | 18.87% | 22.99% | 25.94% | 20.56% | 8.21% |
| 0.75% | 1.50% | 6.59% | 4.77% | 5.72% | 7.84% | 9.48% | 10.33% | 8.21% | 3.50% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 49 | 59 | 57 | 50 | 67 | 65 | 83 | 80 | 73 | 103 |
| Inventory Days | 49 | 37 | 21 | 11 | 11 | 11 | 19 | 26 | 26 | 51 |
| Payable Days | 35 | 73 | 67 | 35 | 31 | 22 | 42 | 36 | 29 | 59 |
| 63 | 22 | 11 | 25 | 48 | 54 | 60 | 70 | 69 | 95 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.50x | 1.46x | 0.94x | 0.38x | 0.26x | 0.36x | 0.53x | 0.62x | 0.69x | 0.26x |
| Interest Coverage (x) | 1.22x | 1.40x | 4.82x | 5.46x | 5.49x | 10.15x | 10.25x | 7.01x | 5.00x | 3.50x |
| 1.35x | 1.11x | 1.08x | 1.74x | 2.11x | 2.14x | 1.59x | 1.85x | 1.52x | 3.26x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 23.70% | 38.83% | 94.99% | 82.44% | -10.19% | 20.89% | 21.53% | 23.59% | 16.69% | -16.11% |
| Operating Profit Growth % | 37.78% | 17.16% | 79.36% | 25.05% | -5.47% | 29.57% | 37.19% | 52.99% | 14.08% | -1.22% |
| Net Profit Growth % | 51.85% | 146.11% | 523.88% | 0.19% | 32.94% | 53.88% | 70.34% | 39.49% | -2.75% | -24.65% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -2.75% | -42.89% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 26.10x | 63.49x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 4.65x | 2.55x |
| 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 | 12.27x | 17.58x |
Mar 2016
- EPS (₹)
- 3.51
- Book Value (₹)
- 164.26
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.11
- Operating Margin %
- 11.48%
- Net Margin %
- 0.50%
- ROE %
- 2.16%
- ROCE %
- 8.40%
- 0.75%
- Debtor Days
- 49
- Inventory Days
- 49
- Payable Days
- 35
- 63
- Debt to Equity (x)
- 1.50x
- Interest Coverage (x)
- 1.22x
- 1.35x
- Revenue Growth %
- 23.70%
- Operating Profit Growth %
- 37.78%
- Net Profit Growth %
- 51.85%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 8.65
- Book Value (₹)
- 170.04
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.15
- Operating Margin %
- 9.64%
- Net Margin %
- 0.88%
- ROE %
- 5.17%
- ROCE %
- 8.22%
- 1.50%
- Debtor Days
- 59
- Inventory Days
- 37
- Payable Days
- 73
- 22
- Debt to Equity (x)
- 1.46x
- Interest Coverage (x)
- 1.40x
- 1.11x
- Revenue Growth %
- 38.83%
- Operating Profit Growth %
- 17.16%
- Net Profit Growth %
- 146.11%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 3.60
- Book Value (₹)
- 14.97
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.28
- Operating Margin %
- 9.97%
- Net Margin %
- 3.17%
- ROE %
- 27.35%
- ROCE %
- 22.08%
- 6.59%
- Debtor Days
- 57
- Inventory Days
- 21
- Payable Days
- 67
- 11
- Debt to Equity (x)
- 0.94x
- Interest Coverage (x)
- 4.82x
- 1.08x
- Revenue Growth %
- 94.99%
- Operating Profit Growth %
- 79.36%
- Net Profit Growth %
- 523.88%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 2.62
- Book Value (₹)
- 27.38
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.21
- Operating Margin %
- 6.83%
- Net Margin %
- 1.74%
- ROE %
- 13.71%
- ROCE %
- 17.36%
- 4.77%
- Debtor Days
- 50
- Inventory Days
- 11
- Payable Days
- 35
- 25
- Debt to Equity (x)
- 0.38x
- Interest Coverage (x)
- 5.46x
- 1.74x
- Revenue Growth %
- 82.44%
- Operating Profit Growth %
- 25.05%
- Net Profit Growth %
- 0.19%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 3.49
- Book Value (₹)
- 30.87
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.26
- Operating Margin %
- 7.19%
- Net Margin %
- 2.58%
- ROE %
- 11.98%
- ROCE %
- 13.73%
- 5.72%
- Debtor Days
- 67
- Inventory Days
- 11
- Payable Days
- 31
- 48
- Debt to Equity (x)
- 0.26x
- Interest Coverage (x)
- 5.49x
- 2.11x
- Revenue Growth %
- -10.19%
- Operating Profit Growth %
- -5.47%
- Net Profit Growth %
- 32.94%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 5.37
- Book Value (₹)
- 35.35
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.32
- Operating Margin %
- 7.71%
- Net Margin %
- 3.28%
- ROE %
- 16.22%
- ROCE %
- 18.87%
- 7.84%
- Debtor Days
- 65
- Inventory Days
- 11
- Payable Days
- 22
- 54
- Debt to Equity (x)
- 0.36x
- Interest Coverage (x)
- 10.15x
- 2.14x
- Revenue Growth %
- 20.89%
- Operating Profit Growth %
- 29.57%
- Net Profit Growth %
- 53.88%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 2.95
- Book Value (₹)
- 14.37
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.42
- Operating Margin %
- 8.70%
- Net Margin %
- 4.60%
- ROE %
- 22.89%
- ROCE %
- 22.99%
- 9.48%
- Debtor Days
- 83
- Inventory Days
- 19
- Payable Days
- 42
- 60
- Debt to Equity (x)
- 0.53x
- Interest Coverage (x)
- 10.25x
- 1.59x
- Revenue Growth %
- 21.53%
- Operating Profit Growth %
- 37.19%
- Net Profit Growth %
- 70.34%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 4.12
- Book Value (₹)
- 18.49
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.59
- Operating Margin %
- 10.77%
- Net Margin %
- 5.19%
- ROE %
- 25.04%
- ROCE %
- 25.94%
- 10.33%
- Debtor Days
- 80
- Inventory Days
- 26
- Payable Days
- 36
- 70
- Debt to Equity (x)
- 0.62x
- Interest Coverage (x)
- 7.01x
- 1.85x
- Revenue Growth %
- 23.59%
- Operating Profit Growth %
- 52.99%
- Net Profit Growth %
- 39.49%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 4.00
- Book Value (₹)
- 22.48
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.68
- Operating Margin %
- 6.25%
- Net Margin %
- 4.32%
- ROE %
- 19.54%
- ROCE %
- 20.56%
- 8.21%
- Debtor Days
- 73
- Inventory Days
- 26
- Payable Days
- 29
- 69
- Debt to Equity (x)
- 0.69x
- Interest Coverage (x)
- 5.00x
- 1.52x
- Revenue Growth %
- 16.69%
- Operating Profit Growth %
- 14.08%
- Net Profit Growth %
- -2.75%
- -2.75%
- P/E (x)
- 26.10x
- P/B (x)
- 4.65x
- Dividend Yield %
- 0.00%
- 12.27x
Mar 2025
- EPS (₹)
- 2.29
- Book Value (₹)
- 56.83
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.52
- Operating Margin %
- 6.52%
- Net Margin %
- 3.88%
- ROE %
- 6.19%
- ROCE %
- 8.21%
- 3.50%
- Debtor Days
- 103
- Inventory Days
- 51
- Payable Days
- 59
- 95
- Debt to Equity (x)
- 0.26x
- Interest Coverage (x)
- 3.50x
- 3.26x
- Revenue Growth %
- -16.11%
- Operating Profit Growth %
- -1.22%
- Net Profit Growth %
- -24.65%
- -42.89%
- P/E (x)
- 63.49x
- P/B (x)
- 2.55x
- Dividend Yield %
- 0.00%
- 17.58x
Documents
Announcements
- Forfeiture
2026-08-21 - AVRO INDIA LIMITED has informed the Exchange about Forfeiture
- Copy of Newspaper Publication
2026-08-17 - AVRO INDIA LIMITED has informed the Exchange about Copy of Newspaper Publication
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Mar 2025
Dec 2024
Aug 2023