Avro India Limited
NSE: AVROIND · Plastic Products - Consumer · sector
₹5.61NSE close 2026-10-26
Key numbers
Market cap₹75 cr
Price₹5.61
52w high / low₹16 / ₹4
P/E17.8xSector median 22.9x
P/B0.8xSector median 2.0x
Book value₹6.7
Dividend yield–Sector median 0.29%
ROE4.9%Sector median 8.1%
ROCE6.7%Sector median 10.8%
OPM2.2%Sector median 8.9%
Debt / equity0.20xSector median 0.20x
EV/EBITDA28.9xSector median 16.9x
Interest cover4.6x
Current ratio3.59x
Sales growth 3y+5.8%Sector median +5.8%
Profit growth 3y+3.5%Sector median +12.1%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 11 companies in Plastic Products - Consumer (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹30 cr vs borrowings ₹18 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 4.6x in the last 12 months.
- Operating cash flow was below net profit in 3 of the last 4 years (FY26, FY25, FY23).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 225% of net profit in the last 12 months.
- Debtor days went from 81 (FY24) to 110 (FY26).
- No dividend in the last 4 financial years.
- Price ₹5.61 on 2026-10-26: -64.7% from the 52-week high, +36.8% 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 ₹11.60 · low ₹5.43
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 18 | 24 | 19 | 22 | 21 | 25 | 27 | 25 |
| EBITDA | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 0 |
| OPM % | 9.0% | 6.3% | 3.0% | 5.9% | 4.4% | 2.1% | 2.4% | 0.4% |
| Other income | 1 | 1 | 2 | 2 | 2 | 3 | 3 | 2 |
| Net profit | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS (₹) | 0.08 | 0.10 | 0.04 | 0.08 | 0.09 | 0.10 | 0.07 | 0.05 |
| Revenue YoY | +15.8% | +3.5% | +39.4% | +16.9% | ||||
| Profit YoY | +45.8% | +30.8% | +88.5% | -34.3% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|
| Revenue | 80 | 93 | 78 | 95 | 98 |
| EBITDA | 6 | 6 | 5 | 3 | 2 |
| Net profit | 4 | 4 | 3 | 5 | 4 |
| EPS (₹) | 0.41 | 0.40 | 0.28 | 0.35 | 0.32 |
| Revenue growth | +16.7% | -16.1% | +20.8% | +18.1% | |
| Profit growth | -2.7% | -24.8% | +51.3% | +23.4% | |
| Dividend / share (₹) | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +5.8% | – | +18.1% |
| Net profit | +3.5% | – | +23.4% |
| EPS | -5.7% | – | – |
| Share price | – | -39.1% (2y) | -60.8% |
Balance sheet
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Shareholders' equity | 25 | 29 | 85 | 90 |
| Borrowings | 12 | 16 | 20 | 18 |
| Cash & equivalents | 2 | 1 | 44 | 30 |
| Total assets | 41 | 54 | 117 | 121 |
| Fixed assets | 15 | 20 | 25 | 26 |
| Capital work in progress | 0 | 1 | 3 | 6 |
| Investments | 0 | 0 | 0 | 0 |
| Receivables | 17 | 21 | 24 | 28 |
| Inventory | 6 | 7 | 15 | 20 |
| Payables | 4 | 7 | 9 | 8 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Cash from operations | 3 | 6 | -2 | -4 |
| Cash from investing | -6 | -9 | -24 | -20 |
| Cash from financing | 3 | 3 | 56 | -4 |
| Capex | 5 | 9 | 11 | 9 |
| Free cash flow | -2 | -3 | -13 | -13 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ROE % | 16.7% | 14.0% | 3.6% | 5.1% |
| ROCE % | 18.6% | 15.8% | 5.3% | 7.3% |
| Debtor days | 76 | 81 | 110 | 110 |
| Inventory days | 38 | 35 | 104 | 117 |
| Payable days | 22 | 36 | 61 | 48 |
| Cash conversion cycle (days) | 92 | 80 | 153 | 179 |
| Working capital days | 57 | 48 | 288 | 248 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 53.64% |
| FIIs | 6.84% |
| Public (non-institutions) | 39.52% |
| Quarter | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Apr 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 54.07% | 54.07% | 54.07% | 54.07% | 54.07% | 53.64% | 53.64% | 53.64% |
| Promoter group | % |
|---|---|
| Sushil Kumar Aggarwal | 19.08% |
| Anita Aggarwal | 16.50% |
| Sahil Aggarwal | 10.40% |
| Nikhil Aggarwal | 2.17% |
| Sushil Kumar Aggarwal HUF | 1.73% |
| Sahil Aggarwal HUF | 1.73% |
| Kundita Aggarwal | 1.73% |
| Gautam Rajgarhia | 0.29% |
| Sanjana Rajgarhia | 0.00% |
| Jay Prakash Aggarwal | 0.00% |
| Shiv Shankar Aggarwal | 0.00% |
| Sunita Aggarwal | 0.00% |
| Hemalatha Kanodia | 0.00% |
| Shakun Jindal | 0.00% |
| Inaya Aggarwal | 0.00% |
| Public holders above 1% | % |
|---|---|
| NAV Capital VCC-NAV Capital Emerging Star Fund | 6.32% |
| Nksquared | 5.02% |
| Vandana Poornima Pai | 1.45% |
10,242 shareholders. Pledged: – of promoter shares.
Peers in Plastic Products - Consumer
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SHAILY | ₹13,731 cr | 77.6x | 19.2x | 28.0% | 27.9% | 28.7% | +17.7% | 0.06% |
| SAFARI | ₹6,017 cr | 36.4x | 5.4x | 15.9% | 19.8% | 12.7% | +19.1% | 0.29% |
| VIPIND | ₹3,710 cr | – | 12.8x | -83.6% | -43.7% | -10.7% | -3.7% | 0.01% |
| NILKAMAL | ₹2,444 cr | 19.6x | 1.6x | 8.1% | 10.8% | 8.9% | +6.5% | 1.22% |
| BAIKAKAJI | ₹605 cr | 18.0x | 3.9x | 17.5% | 28.4% | 14.3% | – | – |
| PILITA | ₹165 cr | 78.1x | 2.0x | 2.8% | 4.6% | 6.2% | +8.3% | – |
| PRIMAPLA | ₹124 cr | 6.3x | 0.7x | 9.4% | 13.2% | 17.8% | +4.8% | 8.68% |
| AVROIND | ₹75 cr | 17.8x | 0.8x | 4.9% | 6.7% | 2.2% | +5.8% | – |
| TOKYOPLAST | ₹69 cr | 197.0x | 1.1x | 0.6% | 3.2% | 8.1% | +1.6% | – |
| ATHARVA | ₹51 cr | 22.9x | 7.1x | 89.5% | 132.9% | 17.9% | – | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-05-05 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share |
| 2024-09-23 | Other | Annual General Meeting |
| 2023-09-22 | Other | Annual General Meeting |
| 2022-09-21 | Other | Annual General Meeting |
| 2022-04-29 | Other | Extra Ordinary General Meeting |
Documents
- Annual report FY26
- Annual report FY26
- Annual report FY25
- Annual report FY25
- Annual report FY24
- 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 | Consumer Discretionary |
| Industry | Plastic Products - Consumer |
| Sub-industry | Plastic Products - Consumer |
| Symbol | AVROIND |
| BSE code | 543512 |
| ISIN | INE652Z01025 |
| 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.