Avro India Ltd (AVROIND) share price, results, shareholding

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore

	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	18.97	29.18	22.52	16.72	18.05	24.06	19.49	21.67	21.00	24.29	24.03	23.50
Expenses	17.42	27.36	21.74	15.52	16.42	22.55	18.74	20.39	20.01	23.63	23.78	23.24
Operating Profit	1.55	1.82	0.78	1.20	1.63	1.51	0.75	1.28	0.99	0.66	0.25	0.26
OPM %	8.17%	6.24%	3.46%	7.18%	9.03%	6.28%	3.85%	5.91%	4.71%	2.72%	1.04%	1.11%
Other Income	0.81	0.85	1.71	0.58	0.88	1.40	1.58	1.59	1.85	2.40	2.47	1.77
Interest	0.35	0.37	0.37	0.36	0.37	0.41	0.46	0.41	0.33	0.49	0.38	0.35
Depreciation	0.64	0.75	0.87	0.73	0.91	1.09	1.20	1.03	1.05	1.17	1.18	0.92
Profit before tax	1.37	1.55	1.25	0.69	1.23	1.41	0.67	1.43	1.46	1.40	1.16	0.76
Tax %	25.55%	27.10%	29.60%	4.35%	32.52%	26.95%	23.88%	26.57%	16.44%	24.29%	25.86%	9.21%
Net Profit	1.02	1.12	0.88	0.66	0.83	1.04	0.52	1.05	1.22	1.07	0.86	0.69
EPS in Rs	0.10	0.11	0.09	0.07	0.08	0.10	0.04	0.08	0.09	0.08	0.06	0.05

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	9.93	13.79	26.73	48.69	43.94	52.95	64.44	79.71	92.92	77.78	90.15	92.82
Expenses	8.71	12.35	24.14	45.81	41.19	49.15	59.27	73.43	87.09	72.69	86.95	90.66
Operating Profit	1.22	1.44	2.59	2.88	2.75	3.80	5.17	6.28	5.83	5.09	3.20	2.16
OPM %	12.29%	10.44%	9.69%	5.91%	6.26%	7.18%	8.02%	7.88%	6.27%	6.54%	3.55%	2.33%
Other Income	0.06	0.06	0.08	-0.01	0.41	0.30	0.46	2.33	4.00	4.43	8.31	8.49
Interest	0.44	0.39	0.30	0.22	0.30	0.26	0.42	0.96	1.41	1.58	1.63	1.55
Depreciation	0.74	0.96	1.19	1.29	1.45	1.44	1.28	1.82	2.78	3.92	4.43	4.32
Profit before tax	0.10	0.15	1.18	1.36	1.41	2.40	3.93	5.83	5.64	4.02	5.45	4.78
Tax %	40.00%	13.33%	27.97%	37.50%	18.44%	27.50%	24.17%	28.64%	28.37%	24.38%	22.94%
Net Profit	0.06	0.14	0.85	0.85	1.14	1.75	2.98	4.15	4.04	3.04	4.21	3.84
EPS in Rs	0.12	0.28	0.12	0.08	0.11	0.17	0.30	0.41	0.40	0.23	0.32	0.28
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

	10 Years	5 Years	3 Years	TTM	1 Year	Last Year
Compounded Sales Growth	25%	11%	4%	11%
Compounded Profit Growth	55%	18%	-1%	8%
Stock Price CAGR	%	28%	-15%		-55%
Return on Equity	9%	8%	6%			5%

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	1.58	1.58	1.58	2.37	3.25	3.25	3.25	10.09	10.09	10.09	13.31	13.31
Reserves	0.96	1.02	1.11	4.41	8.89	10.02	14.44	10.60	14.75	18.78	71.72	75.81
Borrowings	3.68	3.90	3.92	3.33	3.42	2.60	4.15	7.68	11.58	15.62	19.90	17.66
Other Liabilities	0.55	1.54	3.54	5.60	4.50	3.79	3.05	8.94	4.57	9.96	12.49	16.00
Total Liabilities	6.77	8.04	10.15	15.71	20.06	19.66	24.89	37.31	40.99	54.45	117.42	122.78
Fixed Assets	3.05	3.56	3.92	7.61	8.35	8.15	10.45	12.15	14.62	20.32	24.54	23.46
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.44	0.77	3.08	5.90
Investments	0.00	0.00	0.00	0.00	0.14	0.37	0.78	0.36	1.05	0.97	1.55	40.08
Other Assets	3.72	4.48	6.23	8.10	11.57	11.14	13.66	24.80	24.88	32.39	88.25	53.34
Total Assets	6.77	8.04	10.15	15.71	20.06	19.66	24.89	37.31	40.99	54.45	117.42	122.78

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	0.16	1.37	1.94	2.51	-2.05	2.24	0.07	-0.58	2.82	6.06	-2.30	4.08
Cash from Investing Activity	-1.80	-1.22	-1.32	-1.62	-2.02	-1.42	-1.17	-2.48	-5.73	-8.91	-23.73	-30.39
Cash from Financing Activity	1.66	-0.23	-0.35	-0.89	4.27	-1.13	1.29	3.12	3.01	2.67	55.97	-3.73
Net Cash Flow	0.02	-0.08	0.27	0.01	0.20	-0.31	0.19	0.06	0.10	-0.18	29.94	-30.03
Free Cash Flow	-1.64	0.15	0.62	0.88	-3.99	1.04	-0.71	-3.54	-2.23	-2.99	-13.45	-1.09
CFO/OP	18%	116%	137%	110%	-57%	96%	20%	-1%	75%	131%	-27%	182%

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	54.09	64.69	85.23	71.28	61.25	67.45	74.38	105.58	76.20	81.04	110.33	113.49
Inventory Days	93.89	84.68	56.80	29.11	12.01	14.45	14.50	41.45	40.24	37.58	110.08	116.28
Days Payable	7.93	64.32	102.61	82.48	30.24	27.80	20.08	64.92	23.10	38.68	65.03	72.26
Cash Conversion Cycle	140.05	85.06	39.42	17.91	43.01	54.10	68.80	82.11	93.34	79.94	155.37	157.50
Working Capital Days	90.91	47.42	9.00	3.55	32.38	44.28	43.91	49.28	49.68	40.66	84.28	104.58
ROCE %	8.10%	8.02%	8.24%	17.46%	14.65%	10.56%	13.79%	17.01%	20.53%	17.08%	7.54%	6.52%

	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	70.37%	70.37%	70.37%	70.37%	70.37%	67.04%	54.07%	54.07%	54.07%	54.07%	54.07%	53.64%
FIIs	0.00%	0.00%	0.02%	0.00%	0.03%	0.00%	6.11%	6.15%	6.29%	6.46%	6.90%	6.84%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.20%	0.20%	0.20%	0.00%	0.00%	0.00%
Public	29.64%	29.63%	29.60%	29.63%	29.60%	32.95%	39.63%	39.58%	39.44%	39.47%	39.03%	39.52%
No. of Shareholders	7,079	8,356	8,843	9,576	8,171	7,076	6,770	6,539	6,354	6,278	6,481	9,309

Fundamentals

Market Cap₹ 94.3 Cr.

Current Price₹ 7.03

Stock P/E24.6

Book Value₹ 6.70

ROCE6.52 %

ROE4.57 %

Dividend Yield0.00 %

Face Value₹ 1.00

Compounded Sales Growth (TTM)11%

Compounded Profit Growth (TTM)8%

Standalone figures.

Valuation

Market capRs 90 Cr

Enterprise valueRs 107 Cr

P/E (TTM)23.34x

Price to book1.01x

Price to sales0.97x

EV / EBITDA10.05x

EV / EBIT16.90x

EV / sales1.15x

Price to cash flow21.96x

Earnings yield4.29%

P/E, 3-year average4.12x

P/B, 3-year average0.25x

P/E, 5-year average3.49x

P/B, 5-year average0.31x

Profitability

Operating margin (excl. other income)3.55%

Operating margin (incl. other income)12.77%

EBITDA margin11.47%

Pre-tax margin5.15%

Net profit margin4.14%

Net margin, latest quarter2.94%

ROE4.83%

ROCE6.69%

ROA3.51%

ROE, 3-year average8.41%

ROCE, 3-year average10.54%

ROA, 3-year average5.17%

ROE, 5-year average11.80%

ROCE, 5-year average13.98%

ROA, 5-year average7.14%

ROIC (approx.)4.58%

Tax rate22.94%

Other income / net worth9.32%

Growth

Sales growth (latest year)15.90%

Profit growth (latest year)38.49%

Sales CAGR, 3 years4.19%

Sales CAGR, 5 years11.23%

Profit CAGR, 3 years0.48%

Profit CAGR, 5 years19.19%

Sales growth QoQ-2.21%

Profit growth QoQ-19.77%

Sales growth YoY (latest quarter)8.44%

Profit growth YoY (latest quarter)-34.29%

Per share

EPS (TTM)Rs 0.29

EPS (latest year)Rs 3.16

EPS (latest quarter)Rs 0.05

EPS, 3-year averageRs 3.15

EPS, 5-year averageRs 3.30

Book value per shareRs 6.64

Sales per shareRs 6.92

Cash flow per shareRs 0.30

Free cash flow per shareRs -0.08

Efficiency

Asset turnover0.73x

Fixed asset turnover3.84x

Inventory turnover4.01x

Inventory days91 days

Debtor days113 days

Debtors turnover3.22x

Creditor days72 days

Cash conversion cycle158 days

Working capital days105 days

Leverage

Total debtRs 18 Cr

Cash and bankRs 0 Cr

Net debtRs 17 Cr

Debt to equity0.20x

Net debt / EBITDA1.63x

Interest coverage4.08x

Owners' fund to total sources72.59%

Debt to assets14.38%

Cash flow

Cash from Operating Activity (latest year)Rs 4 Cr

Cash from Investing Activity (latest year)Rs -30 Cr

Cash from Financing Activity (latest year)Rs -4 Cr

Net Cash Flow (latest year)Rs -30 Cr

Free cash flow (latest year)Rs -1 Cr

FCFE (approx.: FCF + change in debt)Rs -3 Cr

Cash from ops / profit, 5 years0.55x

Sales to cash flow22.10x

Statement figures

Net sales (TTM)Rs 93 Cr

Net sales (latest year)Rs 90 Cr

Sales (latest quarter)Rs 24 Cr

Operating profit excl. other income (latest year)Rs 3 Cr

Operating profit (latest quarter)Rs 0 Cr

Other income (TTM)Rs 8 Cr

EBITDA (TTM)Rs 11 Cr

PBDT (TTM)Rs 9 Cr

Profit before tax (TTM)Rs 5 Cr

Tax (latest year)Rs 1 Cr

Net profit (TTM)Rs 4 Cr

Net profit (latest year)Rs 4 Cr

Net profit (latest quarter)Rs 1 Cr

Depreciation (TTM)Rs 4 Cr

Depreciation (latest quarter)Rs 1 Cr

Interest (TTM)Rs 2 Cr

Cost of goods sold (latest year)Rs 71 Cr

Total expenditure (latest year)Rs 87 Cr

Total income (latest year)Rs 98 Cr

Share capitalRs 13 Cr

ReservesRs 76 Cr

Shareholders' fundsRs 89 Cr

Total assetsRs 123 Cr

Net blockRs 23 Cr

Capital work in progressRs 6 Cr

InvestmentsRs 40 Cr

ReceivablesRs 28 Cr

InventoryRs 18 Cr

Other liabilitiesRs 16 Cr

Shares outstanding (crore)13.42

Ownership

Promoter holding53.64% (-0.43 in a year)

Computed by MarketFriction from the standalone statements. Returns use average balances.

P/E 23.3 is the lowest in its own 8.0-year history (median 55.2, low 23.3, high 91.2).

P/B 1.01 is the lowest in 8.0 years (median 5.81).

Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.

Period	AVROIND	Nifty 50	Difference
1 week	-5.6%	-2.8%	-2.9 pts
1 month	-22.7%	-6.8%	-15.9 pts
3 months	-33.6%	-7.6%	-26.0 pts
6 months	-38.1%	+0.4%	-38.6 pts
1 year	-56.4%	-9.9%	-46.5 pts
2 years	-59.8%	-13.6%	-46.2 pts
3 years	-41.7%	+14.2%	-55.8 pts
5 years	+13.6%	+27.9%	-14.3 pts

Red flags

F-score 6 of 8

explain	Share dilution Share count up 0% in a year, 32% in three
look	Profit leans on other income Other income was 152% of pre-tax profit in 2026

Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026

Sales ₹24 Cr +8.4% vs Jun 2025. Net profit ₹1 Cr -34.3%.

Activity

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No bulk or block deals on record.

Ex-date	Action	Factor
2026-05-05	Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share	0.1000
2024-09-23	Annual General Meeting
2023-09-22	Annual General Meeting
2022-09-21	Annual General Meeting
2022-04-29	Extra Ordinary General Meeting

Date	Type	What it says
2026-10-01	Shareholder meeting	Voting results.
2026-09-30	Shareholder meeting	Proceedings of Annual General Meeting held on September 30, 2026

Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.

No short selling reported to NSE in our files.

Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.

Order date	Forum	Case
2021-08-16	NCLT	Prayag Polytech Pvt Ltd Vs Avon Moldplast Ltd

Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.

High low price variation greater than 100perc in previous 6 months

Quick answers

What is the market cap of Avro India Ltd?

Avro India Ltd (AVROIND) has a market capitalisation of Rs 94.3 Cr. at the 2026-10-01 close.

What is the P/E ratio of Avro India Ltd?

Avro India Ltd trades at a P/E of 24.6 on trailing twelve-month profit, at the 2026-10-01 close.

What were Avro India Ltd's latest quarterly results?

In the Jun 2026 quarter, Avro India Ltd sales was Rs 24 Cr (+8.4% vs Jun 2025) and net profit was Rs 1 Cr.

What is the 52-week high and low of Avro India Ltd?

The 52-week high is Rs 15.87 and the 52-week low is Rs 6.80.