MarketFriction

AVSL Industries Ltd

NSE AVSL · Plastic Products - Industrial
₹119.70 +0.00%
NSE close2026-09-01
52 week range119.70 - 126.00
Market cap₹63.8 Cr.
P/E28.4
IPO 2016 · +233% since Price band 5% Delivery 100.0%

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 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales364646545151617669707773
Expenses344042494949597158666469
Operating Profit25552225115125
OPM %6%12%10%9%3.3%3.8%3.2%7%16%7%16%6%
Other Income211101001101
Interest101111121222
Depreciation010111119292
Profit before tax354400121221
Tax %28%24%25%28%23%0%39%27%23%28%36%35%
Net Profit243300021111
EPS in Rs4.226.965.405.650.300.660.863.342.082.661.911.69
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales146778102848282100101137139150
Expenses146878988176759198130131140
Operating Profit-0-1033671047810
OPM %-0.4%-1.3%0.4%3.4%3.9%8%9%10%3.6%5%6%6%
Other Income022121311121
Interest001111112344
Depreciation000001112233
Profit before tax001336881333
Tax %40%32%37%31%33%29%27%27%9%30%26%28%
Net Profit001224661232
EPS in Rs0.930.491.354.374.267.9010.9711.050.964.204.754.00
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth8%13%14%8%
Compounded Profit Growth28%-17%47%-10%
Stock Price CAGR%30%7%0%
Return on Equity12%8%6%6%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.3245555555555
Reserves32791115212728303235
Borrowings091213719202334354040
Other Liabilities11242223242820209202024
Total Liabilities1539465148686776769198104
Fixed Assets3345619222629313535
CWIP000000000000
Investments000000000000
Other Assets123742464248455048606369
Total Assets1539465148686776769198104
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1-10-638344-5667
Cash from Investing Activity-00-2-2-2-14-4-5-4-4-7-4
Cash from Financing Activity01070-711019-22-3
Net Cash Flow1-0-01-1-11-0-0100
Free Cash Flow1-10-826-110-2-102-13
CFO/OP-2,240%1,198%-1,832%102%288%76%82%59%-144%105%88%72%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days11412314814013614212799901009591
Inventory Days1576825143654607782645982
Days Payable31114010385115139887527525162
Cash Conversion Cycle-40517069575798101145112103110
Working Capital Days-17123128403236291610713
ROCE %2%7%11%18%18%22%21%19%5%9%9%9%
Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Promoters69.52%70.25%71.15%71.65%71.65%71.65%71.65%71.88%71.88%71.99%71.99%71.99%
Public30.49%29.76%28.85%28.34%28.35%28.34%28.35%28.12%28.12%28.01%28.01%28.01%
No. of Shareholders10499989496951031021021029897

Fundamentals

Market Cap₹ 63.8 Cr.
Current Price₹ 120
Stock P/E28.4
Book Value₹ 75.0
ROCE9.03 %
ROE5.78 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)8%
Compounded Profit Growth (TTM)-10%
Standalone figures.
Valuation
Market capRs 64 Cr
Enterprise valueRs 103 Cr
P/E (TTM)29.96x
Price to book1.60x
Price to sales0.43x
EV / EBITDA9.91x
EV / EBIT14.82x
EV / sales0.69x
Price to cash flow9.17x
Earnings yield3.34%
P/E, 3-year average34.38x
P/B, 3-year average2.24x
P/E, 5-year average55.96x
P/B, 5-year average1.86x
Profitability
Operating margin (excl. other income)6.42%
Operating margin (incl. other income)6.94%
EBITDA margin6.94%
Pre-tax margin1.97%
Net profit margin1.42%
ROE5.48%
ROCE8.80%
ROA2.10%
ROE, 3-year average6.32%
ROCE, 3-year average8.95%
ROA, 3-year average2.48%
ROE, 5-year average8.08%
ROCE, 5-year average9.93%
ROA, 5-year average3.27%
ROIC (approx.)6.31%
Tax rate28.04%
Other income / net worth1.98%
Growth
Sales growth (latest year)7.88%
Profit growth (latest year)-15.81%
Sales CAGR, 3 years14.06%
Sales CAGR, 5 years12.84%
Profit CAGR, 3 years61.04%
Profit CAGR, 5 years-18.30%
Per share
EPS (TTM)Rs 4.00
EPS, 3-year averageRs 4.47
EPS, 5-year averageRs 5.24
Book value per shareRs 74.96
Sales per shareRs 281.57
Cash flow per shareRs 13.06
Free cash flow per shareRs 5.63
Efficiency
Asset turnover1.44x
Fixed asset turnover4.23x
Inventory turnover4.46x
Inventory days82 days
Debtor days91 days
Debtors turnover4.02x
Creditor days62 days
Cash conversion cycle110 days
Working capital days13 days
Leverage
Total debtRs 40 Cr
Cash and bankRs 1 Cr
Net debtRs 39 Cr
Debt to equity1.01x
Net debt / EBITDA3.79x
Interest coverage1.74x
Owners' fund to total sources38.28%
Debt to assets38.63%
Cash flow
Cash from Operating Activity (latest year)Rs 7 Cr
Cash from Investing Activity (latest year)Rs -4 Cr
Cash from Financing Activity (latest year)Rs -3 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 3 Cr
FCFE (approx.: FCF + change in debt)Rs 3 Cr
Cash from ops / profit, 5 years1.29x
Sales to cash flow21.57x
Statement figures
Net sales (TTM)Rs 150 Cr
Net sales (latest year)Rs 150 Cr
Operating profit excl. other income (latest year)Rs 10 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 10 Cr
PBDT (TTM)Rs 6 Cr
Profit before tax (TTM)Rs 3 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 2 Cr
Net profit (latest year)Rs 2 Cr
Depreciation (TTM)Rs 3 Cr
Interest (TTM)Rs 4 Cr
Cost of goods sold (latest year)Rs 108 Cr
Total expenditure (latest year)Rs 140 Cr
Total income (latest year)Rs 151 Cr
Share capitalRs 5 Cr
ReservesRs 35 Cr
Shareholders' fundsRs 40 Cr
Total assetsRs 104 Cr
Net blockRs 35 Cr
ReceivablesRs 37 Cr
InventoryRs 24 Cr
Other liabilitiesRs 24 Cr
Shares outstanding (crore)0.53
Ownership
Promoter holding71.99% (+0.11 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 30.0 is at the 71th percentile of its own 6.6-year range (median 12.7, low 2.9, high 184.0).
P/B 1.60 is at the 58th percentile (median 1.38).
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.
PeriodAVSLNifty 50Difference
1 week-4.2%-2.8% -1.5 pts
1 month-28.3%-6.8% -21.5 pts
3 months-26.0%-7.6% -18.4 pts
6 months+153.9%+0.4% +153.5 pts
3 years+34.1%+14.2% +19.9 pts
5 years+272.9%+27.9% +245.0 pts

Red flags

F-score 7 of 8
lookInventory outrunning sales Inventory grew 43% vs sales +8% 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

Mar 2026
Sales ₹73 Cr -3.9% vs Mar 2024. Net profit ₹1 Cr -50.0%.
Against our estimate for Mar 2026: sales +2.4%, profit -2.5% in line.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
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.
Less than 100 unique PAN traded in previous 30 daysMandatory Market making period in SME scrip is overSME scrip is not regularly traded

Quick answers

What is the market cap of AVSL Industries Ltd?

AVSL Industries Ltd (AVSL) has a market capitalisation of Rs 63.8 Cr. at the 2026-09-01 close.

What is the P/E ratio of AVSL Industries Ltd?

AVSL Industries Ltd trades at a P/E of 28.4 on trailing twelve-month profit, at the 2026-09-01 close.

What were AVSL Industries Ltd's latest quarterly results?

In the Mar 2026 quarter, AVSL Industries Ltd sales was Rs 73 Cr (-3.9% vs Mar 2024) and net profit was Rs 1 Cr.

What is the 52-week high and low of AVSL Industries Ltd?

The 52-week high is Rs 126.00 and the 52-week low is Rs 119.70.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03