AVT Natural Products Ltd.
•₹ 87.53-1.06%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2026 • Marigold Extracts: 41.7% • Instant Tea & De-Caffeinated Tea: 23.7% • Spices Extracts: 23.6% • Animal Nutrition: 7.9% • Sale of services: 2.1% • Others: 0.8% • Other Operating Revenue: 0.3%
PROS
- Latest quarter profit grew 155.3% YoY, showing strong momentum
- Company comfortably covers its interest (10.8x coverage)
- Stock looks reasonably valued - P/E of 15.2 is below its historical median
- Company generates healthy free cash flow
- Working capital cycle has improved - days down from 281 to 230
- Company has a consistent dividend-paying track record
CONS
- Receivables are growing faster than sales - a possible quality concern
- Company has a low return on equity of 9.5% over last 3 years
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.45x)
- Operating margins have contracted to 11.0% from 20.5%
- Company has delivered a poor profit growth of 4.9% over past five years
- Company has delivered a poor sales growth of 7.8% over past five years
* 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
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 94 | 133 | 155 | 122 | 99 | 111 | 166 | 143 | 125 | 151 | 191 | 216 | 231 | |
| 86 | 117 | 124 | 108 | 94 | 106 | 141 | 124 | 112 | 140 | 170 | 186 | 203 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 3 | 4 | 1 | 4 | 5 | 5 | 4 | 3 | 4 | 4 | 3 | 1 | 4 |
| Interest | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 3 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 3 |
| 6 | 15 | 27 | 14 | 6 | 5 | 24 | 16 | 12 | 12 | 20 | 26 | 32 | |
| Tax % | 26.43% | 25.62% | 27.47% | 23.64% | 27.36% | 22.69% | 27.14% | 26.29% | 20.43% | 20.00% | 20.72% | 25.09% | 24.52% |
| Net Profit | 5 | 11 | 20 | 11 | 4 | 4 | 17 | 12 | 9 | 9 | 16 | 19 | 24 |
| 0 | 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
- 94
- 86
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 1
- Depreciation
- 3
- 6
- Tax %
- 26.43%
- Net Profit
- 5
- 0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 133
- 117
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 1
- Depreciation
- 4
- 15
- Tax %
- 25.62%
- Net Profit
- 11
- 1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 155
- 124
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 4
- 27
- Tax %
- 27.47%
- Net Profit
- 20
- 1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 122
- 108
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 1
- Depreciation
- 3
- 14
- Tax %
- 23.64%
- Net Profit
- 11
- 1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 99
- 94
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 1
- Depreciation
- 3
- 6
- Tax %
- 27.36%
- Net Profit
- 4
- 0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 111
- 106
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 1
- Depreciation
- 3
- 5
- Tax %
- 22.69%
- Net Profit
- 4
- 0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 166
- 141
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 2
- Depreciation
- 3
- 24
- Tax %
- 27.14%
- Net Profit
- 17
- 1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 143
- 124
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 2
- Depreciation
- 4
- 16
- Tax %
- 26.29%
- Net Profit
- 12
- 1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 125
- 112
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 2
- Depreciation
- 3
- 12
- Tax %
- 20.43%
- Net Profit
- 9
- 1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 151
- 140
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 2
- Depreciation
- 3
- 12
- Tax %
- 20.00%
- Net Profit
- 9
- 1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 191
- 170
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 2
- Depreciation
- 3
- 20
- Tax %
- 20.72%
- Net Profit
- 16
- 1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 216
- 186
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 3
- 26
- Tax %
- 25.09%
- Net Profit
- 19
- 1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 231
- 203
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 2
- Depreciation
- 3
- 32
- Tax %
- 24.52%
- Net Profit
- 24
- 0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 307 | 300 | 330 | 385 | 470 | 542 | 582 | 503 | 522 | 684 | 790 | |
| 263 | 270 | 289 | 326 | 402 | 440 | 465 | 435 | 465 | 608 | 699 | |
| Operating Profit | 50 | 42 | 45 | 67 | 76 | 112 | 120 | 81 | 72 | 87 | — |
| OPM % | 16 | 14 | 14 | 17 | 16 | 21 | 21 | 16 | 14 | 13 | — |
| Other Income | 6 | 12 | 4 | 7 | 7 | 10 | 2 | 12 | 14 | 12 | 12 |
| Interest | 1 | 2 | 4 | 4 | 3 | 3 | 4 | 4 | 6 | 7 | 8 |
| Depreciation | 7 | 7 | 11 | 14 | 15 | 14 | 13 | 14 | 14 | 11 | 11 |
| 42 | 33 | 30 | 49 | 58 | 94 | 102 | 63 | 52 | 69 | 89 | |
| Tax % | 33 | 35 | 30 | 22 | 26 | 25 | 27 | 26 | 26 | 22 | 23 |
| Net Profit | 28 | 21 | 21 | 38 | 42 | 71 | 75 | 46 | 38 | 54 | 68 |
| EPS | 0 | 0 | 0 | 0 | 3 | 5 | 5 | 3 | 2 | 4 | — |
| Dividend Payout % | 22 | 28 | 29 | 24 | 25 | 22 | 20 | 26 | 28 | 23 | — |
| 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 | 1 | 1 | 2 | 3 | 5 | 5 | 3 | 2 | 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 | 1 | 1 | 2 | 3 | 5 | 5 | 3 | 2 | 4 | — |
Mar 2017
- 307
- 263
- Operating Profit
- 50
- OPM %
- 16
- Other Income
- 6
- Interest
- 1
- Depreciation
- 7
- 42
- Tax %
- 33
- Net Profit
- 28
- EPS
- 0
- Dividend Payout %
- 22
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2018
- 300
- 270
- Operating Profit
- 42
- OPM %
- 14
- Other Income
- 12
- Interest
- 2
- Depreciation
- 7
- 33
- Tax %
- 35
- Net Profit
- 21
- EPS
- 0
- Dividend Payout %
- 28
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2019
- 330
- 289
- Operating Profit
- 45
- OPM %
- 14
- Other Income
- 4
- Interest
- 4
- 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
- 385
- 326
- Operating Profit
- 67
- OPM %
- 17
- Other Income
- 7
- Interest
- 4
- Depreciation
- 14
- 49
- Tax %
- 22
- Net Profit
- 38
- EPS
- 0
- Dividend Payout %
- 24
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2021
- 470
- 402
- Operating Profit
- 76
- OPM %
- 16
- Other Income
- 7
- Interest
- 3
- Depreciation
- 15
- 58
- Tax %
- 26
- Net Profit
- 42
- EPS
- 3
- Dividend Payout %
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2022
- 542
- 440
- Operating Profit
- 112
- OPM %
- 21
- Other Income
- 10
- Interest
- 3
- Depreciation
- 14
- 94
- Tax %
- 25
- Net Profit
- 71
- EPS
- 5
- Dividend Payout %
- 22
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2023
- 582
- 465
- Operating Profit
- 120
- OPM %
- 21
- Other Income
- 2
- Interest
- 4
- Depreciation
- 13
- 102
- Tax %
- 27
- Net Profit
- 75
- 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
- 503
- 435
- Operating Profit
- 81
- OPM %
- 16
- Other Income
- 12
- Interest
- 4
- Depreciation
- 14
- 63
- Tax %
- 26
- Net Profit
- 46
- EPS
- 3
- Dividend Payout %
- 26
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2025
- 522
- 465
- Operating Profit
- 72
- OPM %
- 14
- Other Income
- 14
- Interest
- 6
- Depreciation
- 14
- 52
- Tax %
- 26
- Net Profit
- 38
- EPS
- 2
- Dividend Payout %
- 28
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2026
- 684
- 608
- Operating Profit
- 87
- OPM %
- 13
- Other Income
- 12
- Interest
- 7
- Depreciation
- 11
- 69
- Tax %
- 22
- Net Profit
- 54
- EPS
- 4
- Dividend Payout %
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
TTM
- 790
- 699
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 8
- Depreciation
- 11
- 89
- Tax %
- 23
- Net Profit
- 68
- 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:
- 6%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 9%
- 5 Years:
- 5%
- 3 Years:
- -10%
STOCK PRICE CAGR
- 10 Years:
- 11%
- 5 Years:
- 4%
- 3 Years:
- 3%
- 1 Year:
- 21%
RETURN ON EQUITY
- 10 Years:
- 12%
- 5 Years:
- 13%
- 3 Years:
- 9%
- Last Year:
- 10%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 220 | 233 | 246 | 273 | 307 | 365 | 425 | 458 | 484 | 522 | |
| 0 | 23 | 49 | 10 | 26 | 3 | 4 | 0 | 79 | 89 | |
| Trade Payables | 18 | 38 | 28 | 22 | 39 | 32 | 31 | 70 | 101 | 138 |
| 18 | 20 | 37 | 49 | 35 | 31 | 40 | 39 | 36 | 38 | |
| Total Liabilities | 271 | 329 | 376 | 370 | 422 | 446 | 514 | 583 | 716 | 803 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 57 | 56 | 98 | 99 | 89 | 82 | 78 | 80 | 71 | 79 | |
| Capital Work in Progress | 0 | 28 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 0 |
| 47 | 40 | 17 | 17 | 24 | 45 | 75 | 148 | 157 | 138 | |
| 80 | 89 | 138 | 117 | 151 | 172 | 195 | 202 | 282 | 300 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 111 | 146 | 227 | |
| Cash & Bank | 8 | 7 | 9 | 14 | 8 | 6 | 8 | 13 | 9 | 11 |
| 78 | 109 | 114 | 123 | 151 | 141 | 158 | 28 | 46 | 48 | |
| Total Assets | 271 | 329 | 376 | 370 | 422 | 446 | 514 | 583 | 716 | 803 |
| Total Debt | 0 | 23 | 65 | 21 | 33 | 8 | 12 | 8 | 84 | 93 |
| Net Working Capital | 171 | 144 | 173 | 194 | 230 | 290 | 356 | 381 | 407 | 436 |
| Contingent Liabilities | 32 | 30 | 0 | 43 | 41 | 29 | 39 | 54 | 59 | 80 |
| Book Value per Share | 15.46 | 16.29 | 17.18 | 18.96 | 21.17 | 24.96 | 28.90 | 31.07 | 32.77 | 35.29 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 0 | 23 | 65 | 21 | 33 | 8 | 12 | 8 | 84 | 93 |
| Net Working Capital | 171 | 144 | 173 | 194 | 230 | 290 | 356 | 381 | 407 | 436 |
| Contingent Liabilities | 32 | 30 | 0 | 43 | 41 | 29 | 39 | 54 | 59 | 80 |
| Book Value per Share | 15.46 | 16.29 | 17.18 | 18.96 | 21.17 | 24.96 | 28.90 | 31.07 | 32.77 | 35.29 |
| 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
- 220
- 0
- Trade Payables
- 18
- 18
- Total Liabilities
- 271
- 57
- Capital Work in Progress
- 0
- 47
- 80
- 0
- Cash & Bank
- 8
- 78
- Total Assets
- 271
- Total Debt
- 0
- Net Working Capital
- 171
- Contingent Liabilities
- 32
- Book Value per Share
- 15.46
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 171
- Contingent Liabilities
- 32
- Book Value per Share
- 15.46
- Face Value
- 1.00
Mar 2018
- Equity Capital
- 15
- 233
- 23
- Trade Payables
- 38
- 20
- Total Liabilities
- 329
- 56
- Capital Work in Progress
- 28
- 40
- 89
- 0
- Cash & Bank
- 7
- 109
- Total Assets
- 329
- Total Debt
- 23
- Net Working Capital
- 144
- Contingent Liabilities
- 30
- Book Value per Share
- 16.29
- Face Value
- 1.00
- Total Debt
- 23
- Net Working Capital
- 144
- Contingent Liabilities
- 30
- Book Value per Share
- 16.29
- Face Value
- 1.00
Mar 2019
- Equity Capital
- 15
- 246
- 49
- Trade Payables
- 28
- 37
- Total Liabilities
- 376
- 98
- Capital Work in Progress
- 0
- 17
- 138
- 0
- Cash & Bank
- 9
- 114
- Total Assets
- 376
- Total Debt
- 65
- Net Working Capital
- 173
- Contingent Liabilities
- 0
- Book Value per Share
- 17.18
- Face Value
- 1.00
- Total Debt
- 65
- Net Working Capital
- 173
- Contingent Liabilities
- 0
- Book Value per Share
- 17.18
- Face Value
- 1.00
Mar 2020
- Equity Capital
- 15
- 273
- 10
- Trade Payables
- 22
- 49
- Total Liabilities
- 370
- 99
- Capital Work in Progress
- 0
- 17
- 117
- 0
- Cash & Bank
- 14
- 123
- Total Assets
- 370
- Total Debt
- 21
- Net Working Capital
- 194
- Contingent Liabilities
- 43
- Book Value per Share
- 18.96
- Face Value
- 1.00
- Total Debt
- 21
- Net Working Capital
- 194
- Contingent Liabilities
- 43
- Book Value per Share
- 18.96
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 15
- 307
- 26
- Trade Payables
- 39
- 35
- Total Liabilities
- 422
- 89
- Capital Work in Progress
- 0
- 24
- 151
- 0
- Cash & Bank
- 8
- 151
- Total Assets
- 422
- Total Debt
- 33
- Net Working Capital
- 230
- Contingent Liabilities
- 41
- Book Value per Share
- 21.17
- Face Value
- 1.00
- Total Debt
- 33
- Net Working Capital
- 230
- Contingent Liabilities
- 41
- Book Value per Share
- 21.17
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 15
- 365
- 3
- Trade Payables
- 32
- 31
- Total Liabilities
- 446
- 82
- Capital Work in Progress
- 0
- 45
- 172
- 0
- Cash & Bank
- 6
- 141
- Total Assets
- 446
- Total Debt
- 8
- Net Working Capital
- 290
- Contingent Liabilities
- 29
- Book Value per Share
- 24.96
- Face Value
- 1.00
- Total Debt
- 8
- Net Working Capital
- 290
- Contingent Liabilities
- 29
- Book Value per Share
- 24.96
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 15
- 425
- 4
- Trade Payables
- 31
- 40
- Total Liabilities
- 514
- 78
- Capital Work in Progress
- 0
- 75
- 195
- 0
- Cash & Bank
- 8
- 158
- Total Assets
- 514
- Total Debt
- 12
- Net Working Capital
- 356
- Contingent Liabilities
- 39
- Book Value per Share
- 28.90
- Face Value
- 1.00
- Total Debt
- 12
- Net Working Capital
- 356
- Contingent Liabilities
- 39
- Book Value per Share
- 28.90
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 15
- 458
- 0
- Trade Payables
- 70
- 39
- Total Liabilities
- 583
- 80
- Capital Work in Progress
- 0
- 148
- 202
- 111
- Cash & Bank
- 13
- 28
- Total Assets
- 583
- Total Debt
- 8
- Net Working Capital
- 381
- Contingent Liabilities
- 54
- Book Value per Share
- 31.07
- Face Value
- 1.00
- Total Debt
- 8
- Net Working Capital
- 381
- Contingent Liabilities
- 54
- Book Value per Share
- 31.07
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 15
- 484
- 79
- Trade Payables
- 101
- 36
- Total Liabilities
- 716
- 71
- Capital Work in Progress
- 4
- 157
- 282
- 146
- Cash & Bank
- 9
- 46
- Total Assets
- 716
- Total Debt
- 84
- Net Working Capital
- 407
- Contingent Liabilities
- 59
- Book Value per Share
- 32.77
- Face Value
- 1.00
- Total Debt
- 84
- Net Working Capital
- 407
- Contingent Liabilities
- 59
- Book Value per Share
- 32.77
- Face Value
- 1.00
Mar 2026
- Equity Capital
- 15
- 522
- 89
- Trade Payables
- 138
- 38
- Total Liabilities
- 803
- 79
- Capital Work in Progress
- 0
- 138
- 300
- 227
- Cash & Bank
- 11
- 48
- Total Assets
- 803
- Total Debt
- 93
- Net Working Capital
- 436
- Contingent Liabilities
- 80
- Book Value per Share
- 35.29
- Face Value
- 1.00
- Total Debt
- 93
- Net Working Capital
- 436
- Contingent Liabilities
- 80
- Book Value per Share
- 35.29
- Face Value
- 1.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 20 | 13 | -27 | 72 | 6 | 69 | 53 | 105 | -53 | 10 | |
| Cash from Investing | -10 | -29 | 4 | -14 | -11 | -29 | -37 | -77 | -9 | 1 |
| Cash from Financing | -8 | 14 | 26 | -53 | -1 | -42 | -15 | -24 | 58 | -10 |
| 2 | -1 | 2 | 5 | -6 | -1 | 1 | 4 | -4 | 1 | |
| Free Cash Flow | 20 | -21 | -50 | 58 | 1 | 66 | 43 | 91 | -58 | -1 |
| OCF / Net Profit | 0.71 | 0.62 | -1.29 | 1.91 | 0.14 | 0.98 | 0.70 | 2.26 | -1.38 | 0.18 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 8 | 54 | 119 | 260 | 144 | 141 |
| OCF / Net Profit | 0.71 | 0.62 | -1.29 | 1.91 | 0.14 | 0.98 | 0.70 | 2.26 | -1.38 | 0.18 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 8 | 54 | 119 | 260 | 144 | 141 |
Mar 2017
- 20
- Cash from Investing
- -10
- Cash from Financing
- -8
- 2
- Free Cash Flow
- 20
- OCF / Net Profit
- 0.71
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.71
- Cumulative 5-Year FCF
- 0
Mar 2018
- 13
- Cash from Investing
- -29
- Cash from Financing
- 14
- -1
- Free Cash Flow
- -21
- OCF / Net Profit
- 0.62
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.62
- Cumulative 5-Year FCF
- 0
Mar 2019
- -27
- Cash from Investing
- 4
- Cash from Financing
- 26
- 2
- Free Cash Flow
- -50
- OCF / Net Profit
- -1.29
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.29
- Cumulative 5-Year FCF
- 0
Mar 2020
- 72
- Cash from Investing
- -14
- Cash from Financing
- -53
- 5
- Free Cash Flow
- 58
- OCF / Net Profit
- 1.91
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.91
- Cumulative 5-Year FCF
- 0
Mar 2021
- 6
- Cash from Investing
- -11
- Cash from Financing
- -1
- -6
- Free Cash Flow
- 1
- OCF / Net Profit
- 0.14
- Cumulative 5-Year FCF
- 8
- OCF / Net Profit
- 0.14
- Cumulative 5-Year FCF
- 8
Mar 2022
- 69
- Cash from Investing
- -29
- Cash from Financing
- -42
- -1
- Free Cash Flow
- 66
- OCF / Net Profit
- 0.98
- Cumulative 5-Year FCF
- 54
- OCF / Net Profit
- 0.98
- Cumulative 5-Year FCF
- 54
Mar 2023
- 53
- Cash from Investing
- -37
- Cash from Financing
- -15
- 1
- Free Cash Flow
- 43
- OCF / Net Profit
- 0.70
- Cumulative 5-Year FCF
- 119
- OCF / Net Profit
- 0.70
- Cumulative 5-Year FCF
- 119
Mar 2024
- 105
- Cash from Investing
- -77
- Cash from Financing
- -24
- 4
- Free Cash Flow
- 91
- OCF / Net Profit
- 2.26
- Cumulative 5-Year FCF
- 260
- OCF / Net Profit
- 2.26
- Cumulative 5-Year FCF
- 260
Mar 2025
- -53
- Cash from Investing
- -9
- Cash from Financing
- 58
- -4
- Free Cash Flow
- -58
- OCF / Net Profit
- -1.38
- Cumulative 5-Year FCF
- 144
- OCF / Net Profit
- -1.38
- Cumulative 5-Year FCF
- 144
Mar 2026
- 10
- Cash from Investing
- 1
- Cash from Financing
- -10
- 1
- Free Cash Flow
- -1
- OCF / Net Profit
- 0.18
- Cumulative 5-Year FCF
- 141
- OCF / Net Profit
- 0.18
- Cumulative 5-Year FCF
- 141
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 1.83 | 1.40 | 1.39 | 2.48 | 2.79 | 4.64 | 4.93 | 3.05 | 2.50 | 3.54 |
| Book Value (₹) | 15.46 | 16.29 | 17.18 | 18.96 | 21.17 | 24.96 | 28.90 | 31.07 | 32.77 | 35.29 |
| 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 (₹) | 2.29 | 1.87 | 2.10 | 3.38 | 3.78 | 5.58 | 5.80 | 3.95 | 3.40 | 4.27 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 16.23% | 13.91% | 13.65% | 17.34% | 16.05% | 20.60% | 20.45% | 13.53% | 10.78% | 10.98% |
| Net Margin % | 9.07% | 7.12% | 6.39% | 9.82% | 9.00% | 13.01% | 12.82% | 9.15% | 7.20% | 7.81% |
| ROE % | 12.55% | 8.85% | 8.28% | 13.74% | 13.89% | 20.12% | 18.30% | 10.16% | 7.83% | 10.39% |
| ROCE % | 19.32% | 13.66% | 11.46% | 16.68% | 18.19% | 26.25% | 25.34% | 14.34% | 10.86% | 12.57% |
| 10.80% | 7.13% | 5.99% | 10.14% | 10.71% | 16.28% | 15.64% | 8.46% | 5.86% | 7.09% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 65 | 77 | 75 | 69 | 71 | 72 | 73 | 86 | 89 | 99 |
| Inventory Days | 91 | 103 | 126 | 121 | 104 | 108 | 114 | 143 | 167 | 154 |
| Payable Days | 28 | 61 | 80 | 50 | 49 | 53 | 48 | 79 | 129 | 128 |
| 128 | 119 | 121 | 139 | 126 | 128 | 140 | 150 | 127 | 125 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.00x | 0.09x | 0.25x | 0.07x | 0.10x | 0.02x | 0.03x | 0.02x | 0.17x | 0.17x |
| Interest Coverage (x) | 39.26x | 20.95x | 8.16x | 11.79x | 20.21x | 29.78x | 25.61x | 15.91x | 9.58x | 10.81x |
| 8.37x | 3.05x | 2.97x | 4.20x | 3.79x | 6.50x | 7.05x | 5.07x | 2.99x | 2.67x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 14.97% | -2.41% | 10.15% | 16.53% | 22.19% | 15.19% | 7.45% | -13.56% | 3.72% | 30.98% |
| Operating Profit Growth % | 19.86% | -16.42% | 8.01% | 47.96% | 13.40% | 47.87% | 6.98% | -32.55% | -11.45% | 22.29% |
| Net Profit Growth % | 20.06% | -23.40% | -1.34% | 79.11% | 12.33% | 66.45% | 6.19% | -38.20% | -17.91% | 41.47% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -38.20% | -17.91% | 41.47% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 27.54x | 21.60x | 15.21x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.70x | 1.65x | 1.52x |
| 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 | 15.76x | 12.56x | 10.30x |
Mar 2017
- EPS (₹)
- 1.83
- Book Value (₹)
- 15.46
- Dividend per Share (₹)
- 0.40
- Cash EPS (₹)
- 2.29
- Operating Margin %
- 16.23%
- Net Margin %
- 9.07%
- ROE %
- 12.55%
- ROCE %
- 19.32%
- 10.80%
- Debtor Days
- 65
- Inventory Days
- 91
- Payable Days
- 28
- 128
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 39.26x
- 8.37x
- Revenue Growth %
- 14.97%
- Operating Profit Growth %
- 19.86%
- Net Profit Growth %
- 20.06%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 1.40
- Book Value (₹)
- 16.29
- Dividend per Share (₹)
- 0.40
- Cash EPS (₹)
- 1.87
- Operating Margin %
- 13.91%
- Net Margin %
- 7.12%
- ROE %
- 8.85%
- ROCE %
- 13.66%
- 7.13%
- Debtor Days
- 77
- Inventory Days
- 103
- Payable Days
- 61
- 119
- Debt to Equity (x)
- 0.09x
- Interest Coverage (x)
- 20.95x
- 3.05x
- Revenue Growth %
- -2.41%
- Operating Profit Growth %
- -16.42%
- Net Profit Growth %
- -23.40%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 1.39
- Book Value (₹)
- 17.18
- Dividend per Share (₹)
- 0.40
- Cash EPS (₹)
- 2.10
- Operating Margin %
- 13.65%
- Net Margin %
- 6.39%
- ROE %
- 8.28%
- ROCE %
- 11.46%
- 5.99%
- Debtor Days
- 75
- Inventory Days
- 126
- Payable Days
- 80
- 121
- Debt to Equity (x)
- 0.25x
- Interest Coverage (x)
- 8.16x
- 2.97x
- Revenue Growth %
- 10.15%
- Operating Profit Growth %
- 8.01%
- Net Profit Growth %
- -1.34%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 2.48
- Book Value (₹)
- 18.96
- Dividend per Share (₹)
- 0.60
- Cash EPS (₹)
- 3.38
- Operating Margin %
- 17.34%
- Net Margin %
- 9.82%
- ROE %
- 13.74%
- ROCE %
- 16.68%
- 10.14%
- Debtor Days
- 69
- Inventory Days
- 121
- Payable Days
- 50
- 139
- Debt to Equity (x)
- 0.07x
- Interest Coverage (x)
- 11.79x
- 4.20x
- Revenue Growth %
- 16.53%
- Operating Profit Growth %
- 47.96%
- Net Profit Growth %
- 79.11%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 2.79
- Book Value (₹)
- 21.17
- Dividend per Share (₹)
- 0.70
- Cash EPS (₹)
- 3.78
- Operating Margin %
- 16.05%
- Net Margin %
- 9.00%
- ROE %
- 13.89%
- ROCE %
- 18.19%
- 10.71%
- Debtor Days
- 71
- Inventory Days
- 104
- Payable Days
- 49
- 126
- Debt to Equity (x)
- 0.10x
- Interest Coverage (x)
- 20.21x
- 3.79x
- Revenue Growth %
- 22.19%
- Operating Profit Growth %
- 13.40%
- Net Profit Growth %
- 12.33%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 4.64
- Book Value (₹)
- 24.96
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 5.58
- Operating Margin %
- 20.60%
- Net Margin %
- 13.01%
- ROE %
- 20.12%
- ROCE %
- 26.25%
- 16.28%
- Debtor Days
- 72
- Inventory Days
- 108
- Payable Days
- 53
- 128
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 29.78x
- 6.50x
- Revenue Growth %
- 15.19%
- Operating Profit Growth %
- 47.87%
- Net Profit Growth %
- 66.45%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 4.93
- Book Value (₹)
- 28.90
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 5.80
- Operating Margin %
- 20.45%
- Net Margin %
- 12.82%
- ROE %
- 18.30%
- ROCE %
- 25.34%
- 15.64%
- Debtor Days
- 73
- Inventory Days
- 114
- Payable Days
- 48
- 140
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 25.61x
- 7.05x
- Revenue Growth %
- 7.45%
- Operating Profit Growth %
- 6.98%
- Net Profit Growth %
- 6.19%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 3.05
- Book Value (₹)
- 31.07
- Dividend per Share (₹)
- 0.80
- Cash EPS (₹)
- 3.95
- Operating Margin %
- 13.53%
- Net Margin %
- 9.15%
- ROE %
- 10.16%
- ROCE %
- 14.34%
- 8.46%
- Debtor Days
- 86
- Inventory Days
- 143
- Payable Days
- 79
- 150
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 15.91x
- 5.07x
- Revenue Growth %
- -13.56%
- Operating Profit Growth %
- -32.55%
- Net Profit Growth %
- -38.20%
- -38.20%
- P/E (x)
- 27.54x
- P/B (x)
- 2.70x
- Dividend Yield %
- 0.95%
- 15.76x
Mar 2025
- EPS (₹)
- 2.50
- Book Value (₹)
- 32.77
- Dividend per Share (₹)
- 0.70
- Cash EPS (₹)
- 3.40
- Operating Margin %
- 10.78%
- Net Margin %
- 7.20%
- ROE %
- 7.83%
- ROCE %
- 10.86%
- 5.86%
- Debtor Days
- 89
- Inventory Days
- 167
- Payable Days
- 129
- 127
- Debt to Equity (x)
- 0.17x
- Interest Coverage (x)
- 9.58x
- 2.99x
- Revenue Growth %
- 3.72%
- Operating Profit Growth %
- -11.45%
- Net Profit Growth %
- -17.91%
- -17.91%
- P/E (x)
- 21.60x
- P/B (x)
- 1.65x
- Dividend Yield %
- 1.30%
- 12.56x
Mar 2026
- EPS (₹)
- 3.54
- Book Value (₹)
- 35.29
- Dividend per Share (₹)
- 0.80
- Cash EPS (₹)
- 4.27
- Operating Margin %
- 10.98%
- Net Margin %
- 7.81%
- ROE %
- 10.39%
- ROCE %
- 12.57%
- 7.09%
- Debtor Days
- 99
- Inventory Days
- 154
- Payable Days
- 128
- 125
- Debt to Equity (x)
- 0.17x
- Interest Coverage (x)
- 10.81x
- 2.67x
- Revenue Growth %
- 30.98%
- Operating Profit Growth %
- 22.29%
- Net Profit Growth %
- 41.47%
- 41.47%
- P/E (x)
- 15.21x
- P/B (x)
- 1.52x
- Dividend Yield %
- 1.49%
- 10.30x
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.