AVI Products India Ltd

AVI Products India Ltd

₹ 25.0 -0.91%
28 May - close price
About

Incorporated in 1989, AVI Products Ltd deals in Dental Consumables & Machinery and also sells Ice-Creams.

Key Points

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.

  • Market Cap 8.26 Cr.
  • Current Price 25.0
  • High / Low 35.0 / 23.4
  • Stock P/E 37.6
  • 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 1.19 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.

Peer comparison

Sector: Trading Industry: Trading

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0.89 0.89 0.47 0.63 1.10 1.15 0.80 1.07 0.94 0.81 1.11 1.25 1.42
0.85 0.70 0.45 0.64 1.04 0.99 0.72 0.97 0.94 0.69 1.10 1.05 1.36
Operating Profit 0.04 0.19 0.02 -0.01 0.06 0.16 0.08 0.10 0.00 0.12 0.01 0.20 0.06
OPM % 4.49% 21.35% 4.26% -1.59% 5.45% 13.91% 10.00% 9.35% 0.00% 14.81% 0.90% 16.00% 4.23%
0.11 0.05 0.00 0.00 0.03 0.00 0.00 0.00 0.04 0.04 0.03 0.01 0.02
Interest 0.00 0.02 0.02 0.01 0.01 0.01 0.01 0.02 0.01 0.01 0.01 0.01 0.00
Depreciation 0.00 0.05 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.03 0.02 0.02 0.06
Profit before tax 0.15 0.17 -0.01 -0.03 0.07 0.14 0.06 0.07 0.02 0.12 0.01 0.18 0.02
Tax % 0.00% 5.88% 0.00% 0.00% 0.00% 28.57% 33.33% 14.29% 0.00% 58.33% 0.00% 27.78% 0.00%
0.15 0.15 -0.02 -0.03 0.06 0.10 0.05 0.06 0.02 0.06 0.01 0.14 0.01
EPS in Rs 1.44 1.44 -0.19 -0.29 0.23 0.39 0.19 0.23 0.08 0.23 0.04 0.42 0.03
Raw PDF
Upcoming result date: tomorrow

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: -3%
5 Years: 4%
3 Years: 14%
1 Year: -2%
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%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
24.90% 24.90% 23.91% 23.91% 23.91% 23.91% 23.91% 23.91% 23.91% 23.91% 23.68% 23.68%
75.10% 75.10% 76.09% 76.09% 76.09% 76.08% 76.08% 76.09% 76.08% 76.07% 76.31% 76.32%
No. of Shareholders 13,76913,76813,90813,93813,90813,90313,93413,99813,96213,99614,00714,045

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