Avio Smart MRKT Stack Ltd
NSE: ASMS · IT Enabled Services · sector
₹5.62NSE close 2026-10-26
Key numbers
Market cap₹171 cr
Price₹5.62
52w high / low₹17 / ₹5
P/E26.8xSector median 20.1x
P/B5.0xSector median 1.6x
Book value₹1.1
Dividend yield–Sector median 0.70%
ROE20.7%Sector median 8.4%
ROCE18.4%Sector median 11.3%
OPM6.0%Sector median 9.6%
Debt / equity0.26xSector median 0.03x
EV/EBITDA28.1xSector median 10.8x
Interest cover22.6x
Current ratio1.07x
Sales growth 3y+25.5%Sector median +11.0%
Profit growth 3y-75.7%Sector median +16.6%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 91 companies in IT Enabled Services (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹1 cr vs borrowings ₹9 cr (FY26): borrowings are higher by ₹8 cr.
- Operating profit covered interest 22.6x in the last 12 months.
- Promoter holding fell by 3.55 percentage points in a year, to 65.82% (2026-09-30).
- Operating cash flow was below net profit in 4 of the last 4 years (FY26, FY25, FY24, FY23).
- Net loss in 1 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 27% of net profit in the last 12 months.
- Debtor days went from 3 (FY24) to 91 (FY26).
- No dividend in the last 4 financial years.
- Price ₹5.62 on 2026-10-26: -66.3% from the 52-week high, +10.2% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹24.55 · low ₹5.62
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9 | 9 | 9 | 9 | 12 | 48 | 34 | 12 |
| EBITDA | -0 | -0 | 1 | -1 | 1 | 3 | 2 | 1 |
| OPM % | -0.7% | -4.2% | 13.0% | -9.3% | 5.6% | 5.4% | 6.9% | 5.9% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Net profit | 0 | -0 | 1 | 0 | 1 | 2 | 2 | 1 |
| EPS (₹) | 0.01 | -0.01 | 0.03 | 0.01 | 0.03 | 0.08 | 0.07 | 0.03 |
| Revenue YoY | +40.1% | +455.0% | +286.0% | +35.6% | ||||
| Profit YoY | +300.0% | – | +123.7% | +104.4% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|
| Revenue | 53 | 49 | 40 | 104 | 107 |
| EBITDA | 462 | -1 | 2 | 5 | 6 |
| Net profit | 412 | 1 | 2 | 6 | 6 |
| EPS (₹) | 13.54 | 0.05 | 0.06 | 0.08 | 0.21 |
| Revenue growth | -7.2% | -18.0% | +159.6% | +203.4% | |
| Profit growth | -99.7% | +26.8% | +238.9% | +396.2% | |
| Dividend / share (₹) | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +25.5% | – | +203.4% |
| Net profit | -75.7% | – | +396.2% |
| EPS | -81.9% | – | – |
| Share price | – | -47.9% (2y) | -59.6% |
Balance sheet
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Shareholders' equity | 528 | 26 | 28 | 34 |
| Borrowings | 0 | 0 | 0 | 9 |
| Cash & equivalents | 10 | 10 | 2 | 1 |
| Total assets | 750 | 30 | 33 | 68 |
| Fixed assets | 4 | 2 | 0 | 2 |
| Capital work in progress | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 14 |
| Receivables | 339 | 0 | 2 | 26 |
| Inventory | 0 | 0 | 0 | 0 |
| Payables | 0 | 1 | 2 | 21 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Cash from operations | -3 | -0 | -2 | 1 |
| Cash from investing | 0 | 1 | -1 | -10 |
| Cash from financing | -2 | 0 | 0 | 8 |
| Capex | 0 | 0 | 0 | 2 |
| Free cash flow | -3 | -1 | -2 | -0 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ROE % | 78.1% | 5.2% | 6.2% | 17.4% |
| ROCE % | 86.7% | 0.9% | 8.5% | 12.9% |
| Debtor days | 2,354 | 3 | 22 | 91 |
| Inventory days | 22 | 0 | 0 | 0 |
| Payable days | 0 | 6 | 19 | 87 |
| Cash conversion cycle (days) | 2,376 | -3 | 3 | 4 |
| Working capital days | 3,784 | 70 | 8 | 6 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 65.82% |
| FIIs | 1.47% |
| DIIs | 0.22% |
| Public (non-institutions) | 32.49% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 81.29% | 75.00% | 75.00% | 69.37% | 69.37% | 67.50% | 65.82% | 65.82% |
| Promoter group | % |
|---|---|
| Kinex India Private Limited | 65.82% |
69,507 shareholders. Pledged: – of promoter shares.
Peers in IT Enabled Services
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| LTTS | ₹42,777 cr | 27.8x | 6.0x | 23.2% | 26.8% | 17.8% | +11.1% | 1.39% |
| IKS | ₹28,359 cr | 36.4x | 10.1x | 33.3% | 30.2% | 34.3% | – | – |
| TATATECH | ₹27,242 cr | 48.4x | 7.1x | 15.2% | 18.1% | 13.9% | – | 1.75% |
| NETWEB | ₹24,404 cr | 93.4x | 33.7x | 41.6% | 37.4% | 13.3% | – | 0.05% |
| SAGILITY | ₹20,823 cr | 21.0x | 2.1x | 11.0% | 13.1% | 23.6% | – | 0.11% |
| AFFLE | ₹18,518 cr | 38.7x | 5.1x | 14.5% | 16.1% | 22.5% | +23.6% | – |
| BBOX | ₹14,137 cr | 60.6x | 11.0x | 22.1% | 20.2% | 8.2% | +0.2% | 0.12% |
| CYIENT | ₹13,821 cr | 36.3x | 2.4x | 6.9% | 11.6% | 11.2% | +6.5% | 2.38% |
| ESDS | ₹12,988 cr | – | – | – | – | – | – | – |
| ASMS | ₹171 cr | 26.8x | 5.0x | 20.7% | 18.4% | 6.0% | +25.5% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Agri Supply Chain & Technologies | ₹61 cr | 58.4% | ₹5 cr | 7.8% |
| Financial Inclusion & Digital Services | ₹41 cr | 39.2% | ₹1 cr | 2.1% |
| Others | ₹3 cr | 2.5% | ₹0 cr | -1.1% |
| Diagnostics & Healthcare | ₹0 cr | – | ₹0 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-19 | Other | Annual General Meeting |
| 2023-09-22 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Information Technology |
| Industry | IT Enabled Services |
| Sub-industry | IT Enabled Services |
| Symbol | ASMS |
| BSE code | 532694 |
| ISIN | INE855F01042 |
| Face value | ₹1.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.