Skip to main content
Swing Capital

Avro India Ltd

NSE: AVROIND BSE: 543512

Incorporated in 1996, Avro India Ltd manufactures and sells plastic moulded furniture and granules[1]

₹10.9
52W: ₹10 — ₹20.2
PE 36.9 · Book ₹6.56 · +66% vs book
Market Cap₹146 Cr
Stock P/E36.9Price to Earnings
ROCE7.58%Return on Capital
ROE5.37%Return on Equity
Div. Yield0%Face Value ₹1

Weaknesses

  • −Though the company is reporting repeated profits, it is not paying out dividend
  • −Promoter holding has decreased over last quarter: -0.43%
  • −Company has a low return on equity of 10.4% over last 3 years.
  • −Earnings include an other income of Rs.7.42 Cr.
  • −Debtor days have increased from 89.2 to 110 days.
  • −Working capital days have increased from 58.2 days to 84.3 days

Shareholding Pattern

Promoters53.64%
FIIs6.85%
DIIs0%
Public39.51%
CategorySep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Apr 2026
Promoters70.37%67.04%▼3.354.07%▼13.054.07%54.07%54.07%54.07%53.64%▼0.4
FIIs0.03%0%▼0.06.11%▲6.16.15%▲0.06.29%▲0.16.46%▲0.26.9%▲0.46.85%▼0.1
DIIs0%0%0.2%▲0.20.2%0.2%0%▼0.20%0%
Public29.6%32.95%▲3.439.63%▲6.739.58%▼0.139.44%▼0.139.47%▲0.039.03%▼0.439.51%▲0.5

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales18.9729.1822.5216.7218.0524.0619.4921.672124.29
Expenses17.4227.3621.7415.5216.4222.5518.7420.3920.0123.63
Operating Profit1.551.820.781.21.631.510.751.280.990.66
OPM %8.17%6.24%3.46%7.18%9.03%6.28%3.85%5.91%4.71%2.72%
Net Profit1.021.120.880.660.831.040.521.051.221.07
EPS ₹0.10.110.090.070.080.10.040.080.090.08

AI Insights

Revenue Trend

TTM revenue at ₹86.45Cr, up 11.1% YoY. OPM at 4.26%.

Debt Position

Borrowings at ₹23.4Cr. Debt-to-equity ratio: 0.32x. Healthy balance sheet.

Capex Cycle

CWIP at ₹3.15Cr (13% of fixed assets). Moderate ongoing capital expenditure.

Institutional Flow

DIIs: 0% (+0.00pp change). FIIs: 6.85% (+6.85pp change). Promoters hold 53.64%.

Margin & Efficiency

ROCE improving from 0% (Mar 2014) to 7.58% (Mar 2025). Working capital days: 84.28.

Valuation

PE 36.9x with 7.58% ROCE. Price is 66% above book value of ₹6.56. Dividend yield: 0%.

Recent Announcements