AVI Products India Ltd
₹ 24.8
-9.60%
19 Apr
- close price
About
Incorporated in 1989, AVI Products Ltd deals in Dental Consumables & Machinery and also sells Ice-Creams.
Key Points
- Market Cap ₹ 8.22 Cr.
- Current Price ₹ 24.8
- High / Low ₹ 35.0 / 22.0
- Stock P/E 37.4
- Book Value ₹ 21.0
- Dividend Yield 0.00 %
- ROCE 7.18 %
- ROE 4.73 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.18 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 0.06% over past five years.
- Promoter holding is low: 23.7%
- Company has a low return on equity of 4.58% over last 3 years.
* 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.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.22 | 1.08 | 1.86 | 1.79 | 1.78 | 2.07 | 3.60 | 3.43 | 4.10 | 2.38 | 3.34 | 3.61 | 4.59 | |
| 1.63 | 0.52 | 1.10 | 1.28 | 1.42 | 2.54 | 3.41 | 3.18 | 3.92 | 2.36 | 3.12 | 3.31 | 4.20 | |
| Operating Profit | -1.41 | 0.56 | 0.76 | 0.51 | 0.36 | -0.47 | 0.19 | 0.25 | 0.18 | 0.02 | 0.22 | 0.30 | 0.39 |
| OPM % | -640.91% | 51.85% | 40.86% | 28.49% | 20.22% | -22.71% | 5.28% | 7.29% | 4.39% | 0.84% | 6.59% | 8.31% | 8.50% |
| 1.44 | -0.25 | 0.00 | 0.04 | 0.09 | 0.13 | 0.00 | -0.04 | 0.06 | 0.15 | 0.03 | 0.08 | 0.10 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.01 | 0.01 | 0.03 | 0.03 | 0.05 | 0.05 | 0.04 | 0.03 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.01 | 0.03 | 0.05 | 0.06 | 0.05 | 0.06 | 0.05 | 0.04 | 0.06 | 0.13 |
| Profit before tax | 0.03 | 0.31 | 0.76 | 0.54 | 0.40 | -0.40 | 0.12 | 0.13 | 0.15 | 0.07 | 0.16 | 0.28 | 0.33 |
| Tax % | 0.00% | 0.00% | 25.00% | 31.48% | 32.50% | 0.00% | 8.33% | 15.38% | 13.33% | 14.29% | 25.00% | 25.00% | |
| 0.03 | 0.31 | 0.57 | 0.38 | 0.27 | -0.40 | 0.11 | 0.10 | 0.12 | 0.06 | 0.12 | 0.21 | 0.22 | |
| EPS in Rs | 0.09 | 0.89 | 1.64 | 1.09 | 2.59 | -3.83 | 1.05 | 0.96 | 1.15 | 0.57 | 0.46 | 0.81 | 0.72 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 0% |
| 3 Years: | -4% |
| TTM: | 16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -10% |
| 5 Years: | 14% |
| 3 Years: | 21% |
| TTM: | -4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | 48% |
| 1 Year: | -3% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 6% |
| 3 Years: | 5% |
| Last Year: | 5% |
Balance Sheet
Figures in Rs. Crores
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.48 | 3.48 | 3.48 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 | 2.58 | 2.58 | 3.31 |
| Reserves | -3.42 | -3.11 | -2.54 | 0.28 | 0.55 | 0.15 | 0.26 | 0.36 | 0.48 | 0.54 | 1.76 | 1.96 | 3.63 |
| 0.32 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.33 | 0.20 | 0.52 | 0.02 | 0.01 | 0.65 | |
| 0.31 | 0.30 | 0.58 | 0.69 | 0.27 | 0.34 | 0.66 | 0.70 | 0.65 | 0.57 | 0.43 | 0.17 | 0.18 | |
| Total Liabilities | 0.69 | 0.72 | 1.52 | 2.01 | 1.86 | 1.53 | 1.96 | 2.43 | 2.37 | 2.67 | 4.79 | 4.72 | 7.77 |
| 0.00 | 0.00 | 0.00 | 0.08 | 0.17 | 0.42 | 0.37 | 0.33 | 0.31 | 0.37 | 0.45 | 0.58 | 1.24 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.69 | 0.72 | 1.52 | 1.93 | 1.69 | 1.11 | 1.59 | 2.10 | 2.06 | 2.30 | 4.34 | 4.14 | 6.53 | |
| Total Assets | 0.69 | 0.72 | 1.52 | 2.01 | 1.86 | 1.53 | 1.96 | 2.43 | 2.37 | 2.67 | 4.79 | 4.72 | 7.77 |
Cash Flows
Figures in Rs. Crores
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.03 | 0.24 | 0.69 | 0.07 | 0.32 | -0.04 | 0.05 | -0.28 | 0.31 | -0.15 | 0.10 | -0.62 | |
| 0.06 | 0.00 | 0.00 | 0.00 | -0.25 | -0.31 | 0.00 | -0.05 | -0.11 | -0.13 | -0.09 | -1.51 | |
| -2.09 | -0.24 | -0.24 | -0.08 | 0.00 | 0.00 | 0.00 | 0.31 | -0.15 | 0.26 | 2.09 | -0.06 | |
| Net Cash Flow | 0.00 | 0.00 | 0.45 | -0.02 | 0.06 | -0.34 | 0.04 | -0.02 | 0.05 | -0.01 | 2.10 | -2.18 |
Ratios
Figures in Rs. Crores
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1,061.82 | 219.68 | 121.67 | 14.27 | 26.66 | 44.08 | 26.36 | 69.17 | 38.28 | 69.01 | 44.81 | 42.47 |
| Inventory Days | 7.02 | 9.61 | 80.42 | 121.67 | 100.86 | 140.20 | 127.75 | 202.38 | 144.70 | 351.40 | 276.41 | 282.96 |
| Days Payable | 49.13 | 153.68 | 191.78 | 97.33 | 57.63 | 58.01 | 66.92 | 66.86 | 37.80 | 40.81 | 26.58 | 13.39 |
| Cash Conversion Cycle | 1,019.70 | 75.60 | 10.31 | 38.61 | 69.88 | 126.27 | 87.19 | 204.69 | 145.17 | 379.60 | 294.64 | 312.03 |
| Working Capital Days | 597.27 | 125.05 | 33.36 | 173.32 | 155.84 | 96.98 | 53.74 | 122.38 | 92.59 | 236.18 | 179.22 | 251.76 |
| ROCE % | 37.37% | 142.50% | 111.76% | 47.79% | 28.87% | -28.06% | 10.44% | 13.86% | 10.43% | 7.33% | 6.50% | 7.18% |
Documents
Announcements
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Compliance Certificate For March 31 2024
1d - RTA Compliance certificate under Regulation 7(3) of SEBI LODR 2015
- Shareholder Meeting / Postal Ballot-Outcome of AGM 9 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr
- Closure of Trading Window 29 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 20 Mar
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Business Overview:[1][2]
Company trades in Dental and Healthcare products and in distribution of food and beverages products specifically in Ice Creams and Fast Food, offering Franchisees under the brand IFRUIT. Company also plans to open a chain of Quick Service Restaurants. Company markets Dental Consumables & Machinery through its E-Commerce portal Dentaldeal.in Under IFRUIT, company is operating an ice- cream business which designs and develops equipment and formats for various forms of ice-cream like Rolls ice-creams, Soft serve ice-creams, Hard ice-creams, Gelatos, Sorbets, etc.