AVT Natural Products Ltd.
•₹ 87.53-1.06%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2026 • Marigold Oleo Resin: 39.9% • Instant & De-Caffeinated Tea: 24.3% • Spice Oleo Resin: 22.2% • Animal Nutrition: 10.6% • Sale of services: 2.0% • Others: 0.7% • Other Operating Revenue: 0.3%
PROS
- Latest quarter profit grew 156.7% YoY, showing strong momentum
- Company has consistently been profitable over the last 5 years
- Company comfortably covers its interest (10.0x coverage)
- Company generates healthy free cash flow
- Company has a consistent dividend-paying track record
- Company maintains a comfortable, low leverage position
CONS
- Receivables are growing faster than sales - a possible quality concern
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.47x)
- Operating margins have contracted to 12.4% from 21.1%
- Company has delivered a poor profit growth of 7.4% over past five years
- Growth is decelerating - 3Y profit CAGR (-5.7%) trails the 5Y trend (7.4%)
* 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. | KSCL | 768.90 | 15.85 | 3955.15 | 0.00 | 279.84 | -14.47 | 742.50 | -13.51 | 21.77 | 39.58 |
| 2. | VENKEYS | 1502.25 | 308.04 | 2116.27 | 0.67 | 49.99 | 215.79 | 1118.38 | 29.17 | 11.27 | 6.18 |
| 3. | AVTNPL | 87.15 | 15.84 | 1327.16 | 0.92 | 31.10 | 156.69 | 241.22 | 82.16 | 14.26 | 16.56 |
| 4. | REGAAL | 97.08 | 0.00 | 999.86 | 0.26 | 133.28 | 1369.95 | 2021.49 | 719.85 | 16.91 | 15.33 |
| 5. | BSHSL | 88.72 | 0.00 | 931.00 | 0.00 | 14.30 | 16.56 | 182.57 | 19.37 | 21.19 | 9.39 |
| 6. | NATHBIOGEN | 154.00 | 7.99 | 292.66 | 1.30 | 32.26 | -13.46 | 328.40 | 15.76 | 6.89 | 10.70 |
| 7. | INDOUS | 86.20 | 34.14 | 172.85 | 0.00 | 3.04 | -35.38 | 32.99 | 7.21 | 21.15 | 12.01 |
| 8. | MSL | 145.00 | 19.15 | 159.21 | 0.00 | 3.97 | 1.93 | 61.84 | 25.81 | 12.34 | 9.28 |
| 9. | OSWALSEEDS | 13.30 | 9.96 | 121.66 | 0.00 | 12.27 | 68.60 | 117.08 | 19.53 | 9.88 | 15.65 |
| 10. | NARMADA | 14.44 | 0.00 | 110.77 | 0.00 | 7.54 | — | 222.63 | — | 8.94 | 4.25 |
| 11. | AGRITECH | 101.30 | 0.00 | 60.17 | 0.00 | -3.61 | 61.18 | 0.00 | — | -1.10 | — |
| 12. | ANTGRAPHIC | 0.73 | 0.00 | 11.32 | 0.00 | 5.51 | 695.09 | 404.12 | 8005.09 | -1.59 | 1.46 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 103 | 135 | 154 | 125 | 105 | 122 | 173 | 157 | 132 | 160 | 194 | 226 | 241 | |
| 92 | 119 | 118 | 109 | 97 | 114 | 143 | 132 | 117 | 145 | 171 | 191 | 207 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 3 | 5 | -0 | 5 | 5 | 5 | 4 | 2 | 4 | 5 | 3 | 1 | 4 |
| Interest | 1 | 2 | 2 | 2 | 1 | 2 | 3 | 3 | 2 | 2 | 2 | 3 | 2 |
| Depreciation | 3 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 3 |
| 10 | 16 | 30 | 15 | 8 | 8 | 28 | 20 | 15 | 16 | 22 | 30 | 39 | |
| Tax % | 18.54% | 26.63% | 25.80% | 26.18% | 24.75% | 17.19% | 22.55% | 27.11% | 18.45% | 15.62% | 19.73% | 27.59% | 20.36% |
| Net Profit | 0 | 0 | 0 | 0 | 6 | 6 | 22 | 14 | 12 | 13 | 17 | 22 | 31 |
| 1 | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | |
| Equity Capital | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
| 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 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
| 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
- 103
- 92
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 1
- Depreciation
- 3
- 10
- Tax %
- 18.54%
- Net Profit
- 0
- 1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 135
- 119
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 2
- Depreciation
- 4
- 16
- Tax %
- 26.63%
- Net Profit
- 0
- 1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 154
- 118
- Operating Profit
- —
- OPM %
- —
- Other Income
- -0
- Interest
- 2
- Depreciation
- 4
- 30
- Tax %
- 25.80%
- Net Profit
- 0
- 1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 125
- 109
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 2
- Depreciation
- 3
- 15
- Tax %
- 26.18%
- Net Profit
- 0
- 1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 105
- 97
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 1
- Depreciation
- 3
- 8
- Tax %
- 24.75%
- Net Profit
- 6
- 0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 122
- 114
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 2
- Depreciation
- 3
- 8
- Tax %
- 17.19%
- Net Profit
- 6
- 0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 173
- 143
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 3
- Depreciation
- 3
- 28
- Tax %
- 22.55%
- Net Profit
- 22
- 1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 157
- 132
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 3
- Depreciation
- 4
- 20
- Tax %
- 27.11%
- Net Profit
- 14
- 1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 132
- 117
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 2
- Depreciation
- 3
- 15
- Tax %
- 18.45%
- Net Profit
- 12
- 1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 160
- 145
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 2
- Depreciation
- 3
- 16
- Tax %
- 15.62%
- Net Profit
- 13
- 1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 194
- 171
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 2
- Depreciation
- 3
- 22
- Tax %
- 19.73%
- Net Profit
- 17
- 1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 226
- 191
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 3
- Depreciation
- 3
- 30
- Tax %
- 27.59%
- Net Profit
- 22
- 1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 241
- 207
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 2
- Depreciation
- 3
- 39
- Tax %
- 20.36%
- Net Profit
- 31
- 0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 311 | 328 | 339 | 396 | 485 | 559 | 582 | 517 | 559 | 713 | 822 | |
| 269 | 295 | 297 | 339 | 414 | 454 | 461 | 438 | 486 | 624 | 714 | |
| Operating Profit | 47 | 46 | 46 | 64 | 80 | 116 | 123 | 92 | 86 | 103 | — |
| OPM % | 15 | 14 | 14 | 16 | 16 | 21 | 21 | 18 | 15 | 14 | — |
| Other Income | 5 | 13 | 4 | 7 | 8 | 10 | 2 | 13 | 13 | 14 | 14 |
| Interest | 2 | 3 | 5 | 6 | 4 | 5 | 5 | 7 | 9 | 9 | 10 |
| Depreciation | 7 | 7 | 11 | 14 | 15 | 14 | 13 | 14 | 14 | 11 | 12 |
| 38 | 36 | 30 | 45 | 61 | 97 | 105 | 71 | 63 | 83 | 107 | |
| Tax % | 36 | 32 | 30 | 24 | 25 | 25 | 26 | 25 | 24 | 22 | 22 |
| Net Profit | 24 | 24 | 21 | 34 | 45 | 73 | 77 | 53 | 48 | 65 | 84 |
| EPS | 0 | 0 | 0 | 0 | 3 | 5 | 5 | 3 | 3 | 4 | — |
| Dividend Payout % | 25 | 25 | 29 | 27 | 24 | 21 | 20 | 23 | 22 | 19 | — |
| 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 | 2 | 2 | 1 | 2 | 3 | 5 | 5 | 3 | 3 | 4 | — |
| 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 | 2 | 2 | 1 | 2 | 3 | 5 | 5 | 3 | 3 | 4 | — |
Mar 2017
- 311
- 269
- Operating Profit
- 47
- OPM %
- 15
- Other Income
- 5
- Interest
- 2
- Depreciation
- 7
- 38
- Tax %
- 36
- Net Profit
- 24
- EPS
- 0
- Dividend Payout %
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2018
- 328
- 295
- Operating Profit
- 46
- OPM %
- 14
- Other Income
- 13
- Interest
- 3
- Depreciation
- 7
- 36
- Tax %
- 32
- Net Profit
- 24
- EPS
- 0
- Dividend Payout %
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2019
- 339
- 297
- Operating Profit
- 46
- OPM %
- 14
- Other Income
- 4
- Interest
- 5
- Depreciation
- 11
- 30
- Tax %
- 30
- Net Profit
- 21
- EPS
- 0
- Dividend Payout %
- 29
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2020
- 396
- 339
- Operating Profit
- 64
- OPM %
- 16
- Other Income
- 7
- Interest
- 6
- Depreciation
- 14
- 45
- Tax %
- 24
- Net Profit
- 34
- EPS
- 0
- Dividend Payout %
- 27
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2021
- 485
- 414
- Operating Profit
- 80
- OPM %
- 16
- Other Income
- 8
- Interest
- 4
- Depreciation
- 15
- 61
- Tax %
- 25
- Net Profit
- 45
- EPS
- 3
- Dividend Payout %
- 24
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2022
- 559
- 454
- Operating Profit
- 116
- OPM %
- 21
- Other Income
- 10
- Interest
- 5
- Depreciation
- 14
- 97
- Tax %
- 25
- Net Profit
- 73
- EPS
- 5
- Dividend Payout %
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2023
- 582
- 461
- Operating Profit
- 123
- OPM %
- 21
- Other Income
- 2
- Interest
- 5
- Depreciation
- 13
- 105
- Tax %
- 26
- Net Profit
- 77
- EPS
- 5
- Dividend Payout %
- 20
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2024
- 517
- 438
- Operating Profit
- 92
- OPM %
- 18
- Other Income
- 13
- Interest
- 7
- Depreciation
- 14
- 71
- Tax %
- 25
- Net Profit
- 53
- EPS
- 3
- Dividend Payout %
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2025
- 559
- 486
- Operating Profit
- 86
- OPM %
- 15
- Other Income
- 13
- Interest
- 9
- Depreciation
- 14
- 63
- Tax %
- 24
- Net Profit
- 48
- EPS
- 3
- Dividend Payout %
- 22
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2026
- 713
- 624
- Operating Profit
- 103
- OPM %
- 14
- Other Income
- 14
- Interest
- 9
- Depreciation
- 11
- 83
- Tax %
- 22
- Net Profit
- 65
- EPS
- 4
- Dividend Payout %
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
TTM
- 822
- 714
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 10
- Depreciation
- 12
- 107
- Tax %
- 22
- Net Profit
- 84
- 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:
- 10%
- 5 Years:
- 8%
- 3 Years:
- 7%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 12%
- 5 Years:
- 7%
- 3 Years:
- -6%
STOCK PRICE CAGR
- 10 Years:
- 11%
- 5 Years:
- 4%
- 3 Years:
- 3%
- 1 Year:
- 21%
RETURN ON EQUITY
- 10 Years:
- 13%
- 5 Years:
- 15%
- 3 Years:
- 11%
- Last Year:
- 12%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
| 209 | 223 | 236 | 260 | 295 | 354 | 415 | 454 | 491 | 544 | |
| 15 | 36 | 66 | 31 | 42 | 17 | 26 | 29 | 104 | 110 | |
| Trade Payables | 18 | 35 | 35 | 23 | 38 | 32 | 28 | 59 | 99 | 132 |
| 18 | 20 | 37 | 49 | 35 | 31 | 38 | 40 | 37 | 42 | |
| Total Liabilities | 275 | 330 | 389 | 378 | 426 | 449 | 522 | 598 | 747 | 843 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 57 | 56 | 98 | 99 | 89 | 82 | 78 | 82 | 72 | 81 | |
| Capital Work in Progress | 0 | 28 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 0 |
| 38 | 30 | 7 | 8 | 8 | 28 | 58 | 127 | 136 | 116 | |
| 93 | 94 | 144 | 123 | 164 | 183 | 212 | 221 | 294 | 321 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 110 | 156 | 240 | |
| Cash & Bank | 13 | 9 | 12 | 19 | 16 | 16 | 23 | 28 | 37 | 35 |
| 74 | 112 | 128 | 130 | 149 | 139 | 150 | 30 | 48 | 51 | |
| Total Assets | 275 | 330 | 389 | 378 | 426 | 449 | 522 | 598 | 747 | 843 |
| Total Debt | 15 | 36 | 81 | 42 | 50 | 22 | 34 | 37 | 109 | 114 |
| Net Working Capital | 169 | 143 | 173 | 190 | 235 | 295 | 364 | 398 | 435 | 478 |
| Contingent Liabilities | 16 | 10 | 15 | 13 | 4 | 1 | 5 | 19 | 20 | 23 |
| Book Value per Share | 14.72 | 15.65 | 16.52 | 18.05 | 20.37 | 24.22 | 28.26 | 30.83 | 33.25 | 36.73 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 15 | 36 | 81 | 42 | 50 | 22 | 34 | 37 | 109 | 114 |
| Net Working Capital | 169 | 143 | 173 | 190 | 235 | 295 | 364 | 398 | 435 | 478 |
| Contingent Liabilities | 16 | 10 | 15 | 13 | 4 | 1 | 5 | 19 | 20 | 23 |
| Book Value per Share | 14.72 | 15.65 | 16.52 | 18.05 | 20.37 | 24.22 | 28.26 | 30.83 | 33.25 | 36.73 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Mar 2017
- Equity Capital
- 15
- 209
- 15
- Trade Payables
- 18
- 18
- Total Liabilities
- 275
- 57
- Capital Work in Progress
- 0
- 38
- 93
- 0
- Cash & Bank
- 13
- 74
- Total Assets
- 275
- Total Debt
- 15
- Net Working Capital
- 169
- Contingent Liabilities
- 16
- Book Value per Share
- 14.72
- Face Value
- 1.00
- Total Debt
- 15
- Net Working Capital
- 169
- Contingent Liabilities
- 16
- Book Value per Share
- 14.72
- Face Value
- 1.00
Mar 2018
- Equity Capital
- 15
- 223
- 36
- Trade Payables
- 35
- 20
- Total Liabilities
- 330
- 56
- Capital Work in Progress
- 28
- 30
- 94
- 0
- Cash & Bank
- 9
- 112
- Total Assets
- 330
- Total Debt
- 36
- Net Working Capital
- 143
- Contingent Liabilities
- 10
- Book Value per Share
- 15.65
- Face Value
- 1.00
- Total Debt
- 36
- Net Working Capital
- 143
- Contingent Liabilities
- 10
- Book Value per Share
- 15.65
- Face Value
- 1.00
Mar 2019
- Equity Capital
- 15
- 236
- 66
- Trade Payables
- 35
- 37
- Total Liabilities
- 389
- 98
- Capital Work in Progress
- 0
- 7
- 144
- 0
- Cash & Bank
- 12
- 128
- Total Assets
- 389
- Total Debt
- 81
- Net Working Capital
- 173
- Contingent Liabilities
- 15
- Book Value per Share
- 16.52
- Face Value
- 1.00
- Total Debt
- 81
- Net Working Capital
- 173
- Contingent Liabilities
- 15
- Book Value per Share
- 16.52
- Face Value
- 1.00
Mar 2020
- Equity Capital
- 15
- 260
- 31
- Trade Payables
- 23
- 49
- Total Liabilities
- 378
- 99
- Capital Work in Progress
- 0
- 8
- 123
- 0
- Cash & Bank
- 19
- 130
- Total Assets
- 378
- Total Debt
- 42
- Net Working Capital
- 190
- Contingent Liabilities
- 13
- Book Value per Share
- 18.05
- Face Value
- 1.00
- Total Debt
- 42
- Net Working Capital
- 190
- Contingent Liabilities
- 13
- Book Value per Share
- 18.05
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 15
- 295
- 42
- Trade Payables
- 38
- 35
- Total Liabilities
- 426
- 89
- Capital Work in Progress
- 0
- 8
- 164
- 0
- Cash & Bank
- 16
- 149
- Total Assets
- 426
- Total Debt
- 50
- Net Working Capital
- 235
- Contingent Liabilities
- 4
- Book Value per Share
- 20.37
- Face Value
- 1.00
- Total Debt
- 50
- Net Working Capital
- 235
- Contingent Liabilities
- 4
- Book Value per Share
- 20.37
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 15
- 354
- 17
- Trade Payables
- 32
- 31
- Total Liabilities
- 449
- 82
- Capital Work in Progress
- 0
- 28
- 183
- 0
- Cash & Bank
- 16
- 139
- Total Assets
- 449
- Total Debt
- 22
- Net Working Capital
- 295
- Contingent Liabilities
- 1
- Book Value per Share
- 24.22
- Face Value
- 1.00
- Total Debt
- 22
- Net Working Capital
- 295
- Contingent Liabilities
- 1
- Book Value per Share
- 24.22
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 15
- 415
- 26
- Trade Payables
- 28
- 38
- Total Liabilities
- 522
- 78
- Capital Work in Progress
- 0
- 58
- 212
- 0
- Cash & Bank
- 23
- 150
- Total Assets
- 522
- Total Debt
- 34
- Net Working Capital
- 364
- Contingent Liabilities
- 5
- Book Value per Share
- 28.26
- Face Value
- 1.00
- Total Debt
- 34
- Net Working Capital
- 364
- Contingent Liabilities
- 5
- Book Value per Share
- 28.26
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 15
- 454
- 29
- Trade Payables
- 59
- 40
- Total Liabilities
- 598
- 82
- Capital Work in Progress
- 0
- 127
- 221
- 110
- Cash & Bank
- 28
- 30
- Total Assets
- 598
- Total Debt
- 37
- Net Working Capital
- 398
- Contingent Liabilities
- 19
- Book Value per Share
- 30.83
- Face Value
- 1.00
- Total Debt
- 37
- Net Working Capital
- 398
- Contingent Liabilities
- 19
- Book Value per Share
- 30.83
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 15
- 491
- 104
- Trade Payables
- 99
- 37
- Total Liabilities
- 747
- 72
- Capital Work in Progress
- 4
- 136
- 294
- 156
- Cash & Bank
- 37
- 48
- Total Assets
- 747
- Total Debt
- 109
- Net Working Capital
- 435
- Contingent Liabilities
- 20
- Book Value per Share
- 33.25
- Face Value
- 1.00
- Total Debt
- 109
- Net Working Capital
- 435
- Contingent Liabilities
- 20
- Book Value per Share
- 33.25
- Face Value
- 1.00
Mar 2026
- Equity Capital
- 15
- 544
- 110
- Trade Payables
- 132
- 42
- Total Liabilities
- 843
- 81
- Capital Work in Progress
- 0
- 116
- 321
- 240
- Cash & Bank
- 35
- 51
- Total Assets
- 843
- Total Debt
- 114
- Net Working Capital
- 478
- Contingent Liabilities
- 23
- Book Value per Share
- 36.73
- Face Value
- 1.00
- Total Debt
- 114
- Net Working Capital
- 478
- Contingent Liabilities
- 23
- Book Value per Share
- 36.73
- Face Value
- 1.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 16 | 14 | -30 | 71 | 8 | 74 | 51 | 99 | -32 | 12 | |
| Cash from Investing | -10 | -29 | 4 | -14 | -4 | -29 | -37 | -73 | -9 | 1 |
| Cash from Financing | -3 | 11 | 29 | -50 | -6 | -45 | -9 | -20 | 50 | -16 |
| 3 | -4 | 3 | 7 | -3 | 0 | 6 | 5 | 8 | -3 | |
| Free Cash Flow | 16 | -20 | -53 | 57 | 3 | 71 | 42 | 81 | -37 | 0 |
| OCF / Net Profit | 0.63 | 0.59 | -1.42 | 2.07 | 0.17 | 1.02 | 0.66 | 1.85 | -0.67 | 0.18 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 3 | 58 | 120 | 253 | 159 | 157 |
| OCF / Net Profit | 0.63 | 0.59 | -1.42 | 2.07 | 0.17 | 1.02 | 0.66 | 1.85 | -0.67 | 0.18 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 3 | 58 | 120 | 253 | 159 | 157 |
Mar 2017
- 16
- Cash from Investing
- -10
- Cash from Financing
- -3
- 3
- Free Cash Flow
- 16
- OCF / Net Profit
- 0.63
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.63
- Cumulative 5-Year FCF
- 0
Mar 2018
- 14
- Cash from Investing
- -29
- Cash from Financing
- 11
- -4
- Free Cash Flow
- -20
- OCF / Net Profit
- 0.59
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.59
- Cumulative 5-Year FCF
- 0
Mar 2019
- -30
- Cash from Investing
- 4
- Cash from Financing
- 29
- 3
- Free Cash Flow
- -53
- OCF / Net Profit
- -1.42
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.42
- Cumulative 5-Year FCF
- 0
Mar 2020
- 71
- Cash from Investing
- -14
- Cash from Financing
- -50
- 7
- Free Cash Flow
- 57
- OCF / Net Profit
- 2.07
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.07
- Cumulative 5-Year FCF
- 0
Mar 2021
- 8
- Cash from Investing
- -4
- Cash from Financing
- -6
- -3
- Free Cash Flow
- 3
- OCF / Net Profit
- 0.17
- Cumulative 5-Year FCF
- 3
- OCF / Net Profit
- 0.17
- Cumulative 5-Year FCF
- 3
Mar 2022
- 74
- Cash from Investing
- -29
- Cash from Financing
- -45
- 0
- Free Cash Flow
- 71
- OCF / Net Profit
- 1.02
- Cumulative 5-Year FCF
- 58
- OCF / Net Profit
- 1.02
- Cumulative 5-Year FCF
- 58
Mar 2023
- 51
- Cash from Investing
- -37
- Cash from Financing
- -9
- 6
- Free Cash Flow
- 42
- OCF / Net Profit
- 0.66
- Cumulative 5-Year FCF
- 120
- OCF / Net Profit
- 0.66
- Cumulative 5-Year FCF
- 120
Mar 2024
- 99
- Cash from Investing
- -73
- Cash from Financing
- -20
- 5
- Free Cash Flow
- 81
- OCF / Net Profit
- 1.85
- Cumulative 5-Year FCF
- 253
- OCF / Net Profit
- 1.85
- Cumulative 5-Year FCF
- 253
Mar 2025
- -32
- Cash from Investing
- -9
- Cash from Financing
- 50
- 8
- Free Cash Flow
- -37
- OCF / Net Profit
- -0.67
- Cumulative 5-Year FCF
- 159
- OCF / Net Profit
- -0.67
- Cumulative 5-Year FCF
- 159
Mar 2026
- 12
- Cash from Investing
- 1
- Cash from Financing
- -16
- -3
- Free Cash Flow
- 0
- OCF / Net Profit
- 0.18
- Cumulative 5-Year FCF
- 157
- OCF / Net Profit
- 0.18
- Cumulative 5-Year FCF
- 157
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 1.61 | 1.59 | 1.37 | 2.23 | 2.97 | 4.78 | 5.08 | 3.50 | 3.17 | 4.26 |
| Book Value (₹) | 14.72 | 15.65 | 16.52 | 18.05 | 20.37 | 24.22 | 28.26 | 30.83 | 33.25 | 36.73 |
| Dividend per Share (₹) | 0.40 | 0.40 | 0.40 | 0.60 | 0.70 | 1.00 | 1.00 | 0.80 | 0.70 | 0.80 |
| Cash EPS (₹) | 2.07 | 2.06 | 2.08 | 3.13 | 3.97 | 5.73 | 5.96 | 4.41 | 4.08 | 5.00 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 15.08% | 13.87% | 13.50% | 16.16% | 16.40% | 20.62% | 21.06% | 15.25% | 12.98% | 12.42% |
| Net Margin % | 7.84% | 7.37% | 6.15% | 8.58% | 9.31% | 12.99% | 13.22% | 10.24% | 8.56% | 8.99% |
| ROE % | 11.52% | 10.47% | 8.51% | 12.92% | 15.48% | 21.46% | 19.37% | 11.84% | 9.88% | 12.16% |
| ROCE % | 17.81% | 14.93% | 11.51% | 15.50% | 19.07% | 26.97% | 25.70% | 16.07% | 12.95% | 14.26% |
| 9.32% | 8.00% | 5.80% | 8.87% | 11.28% | 16.66% | 15.95% | 9.52% | 7.17% | 8.15% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 63 | 66 | 78 | 72 | 67 | 67 | 70 | 81 | 86 | 100 |
| Inventory Days | 98 | 104 | 128 | 123 | 108 | 113 | 123 | 152 | 167 | 156 |
| Payable Days | 32 | 52 | 82 | 55 | 47 | 50 | 48 | 72 | 116 | 126 |
| 129 | 118 | 124 | 140 | 127 | 130 | 145 | 161 | 137 | 130 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.07x | 0.15x | 0.32x | 0.15x | 0.16x | 0.06x | 0.08x | 0.08x | 0.22x | 0.20x |
| Interest Coverage (x) | 24.83x | 15.13x | 6.87x | 9.06x | 16.11x | 21.93x | 20.52x | 11.21x | 7.65x | 9.96x |
| 5.35x | 2.79x | 2.56x | 3.32x | 3.40x | 5.39x | 5.75x | 4.53x | 2.90x | 2.71x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 13.41% | 5.36% | 3.40% | 16.88% | 22.38% | 15.31% | 4.07% | -11.15% | 8.04% | 27.62% |
| Operating Profit Growth % | 16.02% | -3.20% | 0.59% | 39.90% | 24.43% | 45.02% | 6.62% | -25.44% | -5.90% | 19.39% |
| Net Profit Growth % | 13.05% | -0.99% | -13.90% | 63.13% | 33.20% | 60.85% | 6.24% | -31.15% | -9.50% | 34.38% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -31.15% | -9.50% | 34.38% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 23.96x | 17.05x | 12.64x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.72x | 1.62x | 1.46x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.95% | 1.30% | 1.49% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 13.98x | 10.34x | 8.69x |
Mar 2017
- EPS (₹)
- 1.61
- Book Value (₹)
- 14.72
- Dividend per Share (₹)
- 0.40
- Cash EPS (₹)
- 2.07
- Operating Margin %
- 15.08%
- Net Margin %
- 7.84%
- ROE %
- 11.52%
- ROCE %
- 17.81%
- 9.32%
- Debtor Days
- 63
- Inventory Days
- 98
- Payable Days
- 32
- 129
- Debt to Equity (x)
- 0.07x
- Interest Coverage (x)
- 24.83x
- 5.35x
- Revenue Growth %
- 13.41%
- Operating Profit Growth %
- 16.02%
- Net Profit Growth %
- 13.05%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 1.59
- Book Value (₹)
- 15.65
- Dividend per Share (₹)
- 0.40
- Cash EPS (₹)
- 2.06
- Operating Margin %
- 13.87%
- Net Margin %
- 7.37%
- ROE %
- 10.47%
- ROCE %
- 14.93%
- 8.00%
- Debtor Days
- 66
- Inventory Days
- 104
- Payable Days
- 52
- 118
- Debt to Equity (x)
- 0.15x
- Interest Coverage (x)
- 15.13x
- 2.79x
- Revenue Growth %
- 5.36%
- Operating Profit Growth %
- -3.20%
- Net Profit Growth %
- -0.99%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 1.37
- Book Value (₹)
- 16.52
- Dividend per Share (₹)
- 0.40
- Cash EPS (₹)
- 2.08
- Operating Margin %
- 13.50%
- Net Margin %
- 6.15%
- ROE %
- 8.51%
- ROCE %
- 11.51%
- 5.80%
- Debtor Days
- 78
- Inventory Days
- 128
- Payable Days
- 82
- 124
- Debt to Equity (x)
- 0.32x
- Interest Coverage (x)
- 6.87x
- 2.56x
- Revenue Growth %
- 3.40%
- Operating Profit Growth %
- 0.59%
- Net Profit Growth %
- -13.90%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 2.23
- Book Value (₹)
- 18.05
- Dividend per Share (₹)
- 0.60
- Cash EPS (₹)
- 3.13
- Operating Margin %
- 16.16%
- Net Margin %
- 8.58%
- ROE %
- 12.92%
- ROCE %
- 15.50%
- 8.87%
- Debtor Days
- 72
- Inventory Days
- 123
- Payable Days
- 55
- 140
- Debt to Equity (x)
- 0.15x
- Interest Coverage (x)
- 9.06x
- 3.32x
- Revenue Growth %
- 16.88%
- Operating Profit Growth %
- 39.90%
- Net Profit Growth %
- 63.13%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 2.97
- Book Value (₹)
- 20.37
- Dividend per Share (₹)
- 0.70
- Cash EPS (₹)
- 3.97
- Operating Margin %
- 16.40%
- Net Margin %
- 9.31%
- ROE %
- 15.48%
- ROCE %
- 19.07%
- 11.28%
- Debtor Days
- 67
- Inventory Days
- 108
- Payable Days
- 47
- 127
- Debt to Equity (x)
- 0.16x
- Interest Coverage (x)
- 16.11x
- 3.40x
- Revenue Growth %
- 22.38%
- Operating Profit Growth %
- 24.43%
- Net Profit Growth %
- 33.20%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 4.78
- Book Value (₹)
- 24.22
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 5.73
- Operating Margin %
- 20.62%
- Net Margin %
- 12.99%
- ROE %
- 21.46%
- ROCE %
- 26.97%
- 16.66%
- Debtor Days
- 67
- Inventory Days
- 113
- Payable Days
- 50
- 130
- Debt to Equity (x)
- 0.06x
- Interest Coverage (x)
- 21.93x
- 5.39x
- Revenue Growth %
- 15.31%
- Operating Profit Growth %
- 45.02%
- Net Profit Growth %
- 60.85%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 5.08
- Book Value (₹)
- 28.26
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 5.96
- Operating Margin %
- 21.06%
- Net Margin %
- 13.22%
- ROE %
- 19.37%
- ROCE %
- 25.70%
- 15.95%
- Debtor Days
- 70
- Inventory Days
- 123
- Payable Days
- 48
- 145
- Debt to Equity (x)
- 0.08x
- Interest Coverage (x)
- 20.52x
- 5.75x
- Revenue Growth %
- 4.07%
- Operating Profit Growth %
- 6.62%
- Net Profit Growth %
- 6.24%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 3.50
- Book Value (₹)
- 30.83
- Dividend per Share (₹)
- 0.80
- Cash EPS (₹)
- 4.41
- Operating Margin %
- 15.25%
- Net Margin %
- 10.24%
- ROE %
- 11.84%
- ROCE %
- 16.07%
- 9.52%
- Debtor Days
- 81
- Inventory Days
- 152
- Payable Days
- 72
- 161
- Debt to Equity (x)
- 0.08x
- Interest Coverage (x)
- 11.21x
- 4.53x
- Revenue Growth %
- -11.15%
- Operating Profit Growth %
- -25.44%
- Net Profit Growth %
- -31.15%
- -31.15%
- P/E (x)
- 23.96x
- P/B (x)
- 2.72x
- Dividend Yield %
- 0.95%
- 13.98x
Mar 2025
- EPS (₹)
- 3.17
- Book Value (₹)
- 33.25
- Dividend per Share (₹)
- 0.70
- Cash EPS (₹)
- 4.08
- Operating Margin %
- 12.98%
- Net Margin %
- 8.56%
- ROE %
- 9.88%
- ROCE %
- 12.95%
- 7.17%
- Debtor Days
- 86
- Inventory Days
- 167
- Payable Days
- 116
- 137
- Debt to Equity (x)
- 0.22x
- Interest Coverage (x)
- 7.65x
- 2.90x
- Revenue Growth %
- 8.04%
- Operating Profit Growth %
- -5.90%
- Net Profit Growth %
- -9.50%
- -9.50%
- P/E (x)
- 17.05x
- P/B (x)
- 1.62x
- Dividend Yield %
- 1.30%
- 10.34x
Mar 2026
- EPS (₹)
- 4.26
- Book Value (₹)
- 36.73
- Dividend per Share (₹)
- 0.80
- Cash EPS (₹)
- 5.00
- Operating Margin %
- 12.42%
- Net Margin %
- 8.99%
- ROE %
- 12.16%
- ROCE %
- 14.26%
- 8.15%
- Debtor Days
- 100
- Inventory Days
- 156
- Payable Days
- 126
- 130
- Debt to Equity (x)
- 0.20x
- Interest Coverage (x)
- 9.96x
- 2.71x
- Revenue Growth %
- 27.62%
- Operating Profit Growth %
- 19.39%
- Net Profit Growth %
- 34.38%
- 34.38%
- P/E (x)
- 12.64x
- P/B (x)
- 1.46x
- Dividend Yield %
- 1.49%
- 8.69x
Documents
Announcements
- Shareholders meeting
2026-08-19 - AVT Natural Products Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 17, 2026. Further, the company has informed the Exchange regarding voting results.
- Shareholders meeting
2026-08-17 - AVT Natural Products Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 17, 2026
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.