Ind-Agiv Commerce Ltd
Incorporated in 1986, Ind Agiv Commerce Ltd is in the business of Installation and commissioning of Audio Video System.[1]
- Market Cap ₹ 12.3 Cr.
- Current Price ₹ 40.2
- High / Low ₹ 86.4 / 34.1
- Stock P/E
- Book Value ₹ -5.23
- Dividend Yield 0.00 %
- ROCE -12.3 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -21.1% over past five years.
- Promoter holding is low: 28.7%
- Company has high debtors of 326 days.
- Promoter holding has decreased over last 3 years: -43.5%
- Working capital days have increased from 476 days to 806 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Services Services Commercial Services & Supplies Trading & Distributors
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4.48 | 6.39 | 6.62 | 8.74 | 11.83 | 11.24 | 7.99 | 5.31 | 12.28 | 8.22 | 3.53 | 2.45 | 0.36 | |
| 5.40 | 7.09 | 5.92 | 8.06 | 10.96 | 9.73 | 8.69 | 7.07 | 13.48 | 9.09 | 3.91 | 2.99 | 1.01 | |
| Operating Profit | -0.92 | -0.70 | 0.70 | 0.68 | 0.87 | 1.51 | -0.70 | -1.76 | -1.20 | -0.87 | -0.38 | -0.54 | -0.65 |
| OPM % | -20.54% | -10.95% | 10.57% | 7.78% | 7.35% | 13.43% | -8.76% | -33.15% | -9.77% | -10.58% | -10.76% | -22.04% | -180.56% |
| 1.56 | 1.56 | 0.18 | 0.58 | 0.54 | 0.76 | 0.53 | 3.50 | 0.38 | 0.16 | -0.24 | -0.52 | -0.52 | |
| Interest | 0.45 | 0.47 | 0.44 | 0.74 | 0.99 | 1.77 | 1.40 | 1.02 | 2.24 | 2.38 | 1.20 | 0.22 | 0.11 |
| Depreciation | 0.03 | 0.10 | 0.18 | 0.18 | 0.19 | 0.19 | 0.19 | 0.06 | 0.02 | 0.02 | 0.02 | 0.01 | 0.00 |
| Profit before tax | 0.16 | 0.29 | 0.26 | 0.34 | 0.23 | 0.31 | -1.76 | 0.66 | -3.08 | -3.11 | -1.84 | -1.29 | -1.28 |
| Tax % | 31.25% | 34.48% | 53.85% | 50.00% | 43.48% | 32.26% | -2.27% | 68.18% | -1.95% | 0.00% | 0.00% | 0.00% | |
| 0.11 | 0.20 | 0.13 | 0.17 | 0.13 | 0.20 | -1.72 | 0.21 | -3.02 | -3.11 | -1.84 | -1.29 | -1.28 | |
| EPS in Rs | 1.10 | 2.00 | 1.30 | 1.70 | 1.30 | 2.00 | -17.20 | 2.10 | -30.20 | -31.10 | -18.40 | -4.22 | -4.19 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 29.41% | 38.46% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -9% |
| 5 Years: | -21% |
| 3 Years: | -42% |
| TTM: | -91% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 11% |
| 3 Years: | 22% |
| TTM: | 70% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 14% |
| 3 Years: | 2% |
| 1 Year: | -56% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 3.06 |
| Reserves | 1.08 | 1.28 | 1.41 | 1.45 | 3.67 | 4.39 | 2.67 | 0.71 | -2.31 | -5.43 | -7.27 | -4.66 |
| 0.00 | 0.80 | 4.01 | 8.57 | 11.56 | 10.04 | 10.17 | 4.47 | 10.78 | 10.26 | 6.53 | 6.23 | |
| 12.91 | 7.06 | 4.59 | 1.44 | 1.69 | 9.54 | 7.63 | 9.26 | 17.42 | 24.24 | 27.50 | 13.00 | |
| Total Liabilities | 14.99 | 10.14 | 11.01 | 12.46 | 17.92 | 24.97 | 21.47 | 15.44 | 26.89 | 30.07 | 27.76 | 17.63 |
| 0.40 | 4.30 | 4.41 | 4.34 | 4.20 | 4.02 | 3.88 | 0.04 | 0.03 | 5.68 | 5.68 | 5.67 | |
| CWIP | 2.77 | 0.00 | 0.00 | 0.00 | 2.18 | 2.18 | 2.18 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.47 | 1.22 | 0.57 | 0.57 | 0.66 | 0.66 | 0.66 | 0.66 | 0.66 | 0.66 | 0.66 | 0.66 |
| 11.35 | 4.62 | 6.03 | 7.55 | 10.88 | 18.11 | 14.75 | 14.74 | 26.20 | 23.73 | 21.42 | 11.30 | |
| Total Assets | 14.99 | 10.14 | 11.01 | 12.46 | 17.92 | 24.97 | 21.47 | 15.44 | 26.89 | 30.07 | 27.76 | 17.63 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.82 | -1.34 | -3.29 | -5.03 | -2.99 | 1.14 | -0.06 | -8.06 | 2.88 | -0.23 | -2.59 | -6.36 | |
| -0.12 | -1.60 | -0.26 | -0.02 | 0.03 | 0.03 | 0.00 | 7.72 | 0.11 | 2.82 | 0.30 | -0.52 | |
| -2.44 | 0.80 | 3.84 | 4.43 | 2.82 | -1.03 | 0.00 | 0.00 | -2.24 | 0.00 | 0.00 | 5.97 | |
| Net Cash Flow | -0.75 | -2.14 | 0.28 | -0.62 | -0.14 | 0.14 | -0.05 | -0.34 | 0.76 | 2.59 | -2.29 | -0.91 |
| Free Cash Flow | 1.64 | -2.54 | -3.58 | -5.09 | -3.04 | 1.12 | -0.10 | -0.45 | 2.87 | -0.24 | -2.60 | -6.36 |
| CFO/OP | -198% | 189% | -470% | -734% | -344% | 76% | 9% | 458% | -240% | 26% | 682% | 1,178% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 100.21 | 102.82 | 69.47 | 70.16 | 94.10 | 113.66 | 210.59 | 213.78 | 242.84 | 441.37 | 988.50 | 326.27 |
| Inventory Days | 260.06 | 72.69 | 242.97 | 204.25 | 234.43 | 599.60 | 518.20 | 619.15 | 253.83 | 115.61 | 298.50 | 25.00 |
| Days Payable | 3.65 | 108.26 | 70.19 | 19.91 | 10.39 | 124.79 | 86.84 | 102.74 | 241.97 | 385.92 | 1,114.21 | 341.67 |
| Cash Conversion Cycle | 356.62 | 67.24 | 242.25 | 254.50 | 318.15 | 588.47 | 641.96 | 730.18 | 254.70 | 171.07 | 172.79 | 9.60 |
| Working Capital Days | -366.63 | -182.21 | 60.10 | 3.76 | 26.23 | 64.30 | 120.60 | 399.37 | 307.63 | 111.45 | 509.76 | 805.98 |
| ROCE % | 18.80% | 29.07% | 14.74% | 12.39% | 8.95% | 13.14% | -2.46% | 21.28% | -10.73% | -9.54% | -13.14% | -12.27% |
Insights
In beta| Mar 2018 | Mar 2019 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Audio Visual Sales Volume - METER METER |
|
|||
| Audio Visual Sales Volume - NOS NOS |
||||
| Audio Visual Sales Volume - PCS PCS |
||||
| Paint Revenue Share (% of Product Revenue) % |
||||
| Paint Sales Volume - CANS CANS |
||||
| Paint Sales Volume - KGS KGS |
||||
Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Management
- Board appointed Ravi Bhushan Prasad as Company Secretary and Compliance Officer effective September 22, 2026.
-
Appointment of Company Secretary and Compliance Officer
- Board appointed Ravi Bhushan Prasad as Company Secretary and Compliance Officer effective September 22, 2026.
-
Board Meeting Outcome for Appointment Of Company Secretary And Compliance Officer Of The Company With Effect From September 22, 2026
- Board appointed CS Ravi Bhushan Prasad as Company Secretary and Compliance Officer effective September 22, 2026.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Compliance Certificate under Reg. 74(5) of SEBI (DP) Regulations for the quarter ended June 30, 2026
-
Results-Delay in Financial Results
- Ind-Agiv explains delay in Q1 FY2026 unaudited results due to ERP issues and accountant resignation.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
-
Annual Report 2021
from bse
-
Annual Report 2020
from bse
-
Annual Report 2019
from bse
-
Annual Report 2018
from bse
-
Annual Report 2017
from bse
-
Annual Report 2016
from bse
-
Annual Report 2014
from bse
-
Annual Report 2013
from bse
-
Annual Report 2012
from bse
-
Annual Report 2011
from bse
Business Overview:[1][2]
IACL is in the business of Spray paint and Audio Video system integration. It has invested into
Presales and Design schematic so that it can offer a range, catering to consumer needs in all significant audio video system integration and
paint.