Aspire & Innovative Advertising Ltd
Incorporated in 2017, Aspire & Innovative Advertising Ltd manufacturing and sale of electronic equipment, home appliances etc.[1]
- Market Cap ₹ 22.2 Cr.
- Current Price ₹ 14.6
- High / Low ₹ 36.6 / 10.2
- Stock P/E 8.66
- Book Value ₹ 34.5
- Dividend Yield 0.00 %
- ROCE 6.91 %
- ROE 5.03 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.42 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 10.3% over past five years.
- Company has a low return on equity of 13.1% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.3.06 Cr.
- Working capital days have increased from 54.4 days to 98.6 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
Consumer Discretionary Consumer Durables Consumer Durables Household Appliances
Part of Nifty SME Emerge
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 137 | 108 | 255 | 346 | 384 | 167 | 176 | |
| 135 | 105 | 249 | 338 | 371 | 164 | 174 | |
| Operating Profit | 3 | 3 | 7 | 7 | 13 | 3 | 2 |
| OPM % | 2% | 3% | 3% | 2% | 3% | 2% | 1% |
| 0 | 0 | 0 | 0 | 1 | 3 | 3 | |
| Interest | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Profit before tax | 3 | 3 | 6 | 7 | 13 | 5 | 3 |
| Tax % | 28% | 29% | 29% | 26% | 27% | 23% | 25% |
| 2 | 2 | 4 | 5 | 9 | 4 | 3 | |
| EPS in Rs | 2,000.00 | 2,280.00 | 39.33 | 47.79 | 8.38 | 2.56 | 1.69 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | -20% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | -21% |
| TTM: | -34% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -62% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 13% |
| Last Year: | 5% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 1 | 1 | 11 | 15 | 15 |
| Reserves | 3 | 5 | 9 | 14 | 26 | 34 | 37 |
| 0 | 1 | 1 | 9 | 13 | 9 | 18 | |
| 18 | 29 | 42 | 38 | 67 | 37 | 25 | |
| Total Liabilities | 21 | 35 | 53 | 63 | 117 | 96 | 95 |
| 0 | 1 | 1 | 0 | 1 | 1 | 1 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 5 | 0 | 2 | 0 | 0 | 0 | 1 |
| 16 | 34 | 50 | 62 | 115 | 94 | 93 | |
| Total Assets | 21 | 35 | 53 | 63 | 117 | 96 | 95 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 4 | -3 | 7 | -13 | -7 | 1 | -23 | |
| -4 | 5 | -2 | 2 | -1 | -0 | -1 | |
| -1 | 0 | 1 | 7 | 15 | 3 | 8 | |
| Net Cash Flow | -2 | 2 | 5 | -4 | 8 | 4 | -16 |
| Free Cash Flow | 3 | -4 | 6 | -13 | -8 | 0 | -23 |
| CFO/OP | 172% | -74% | 136% | -150% | -29% | 80% | -1,168% |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 23 | 50 | 11 | 20 | 57 | 67 | 79 |
| Inventory Days | 17 | 64 | 62 | 44 | 43 | 86 | 36 |
| Days Payable | 52 | 111 | 78 | 52 | 71 | 71 | 42 |
| Cash Conversion Cycle | -12 | 4 | -6 | 12 | 29 | 82 | 73 |
| Working Capital Days | -11 | 4 | -3 | 12 | 20 | 44 | 99 |
| ROCE % | 72% | 74% | 42% | 37% | 11% | 7% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Geographic Reach (Number of States) States |
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| Number of Permanent Employees Number |
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| Product Portfolio (SKUs) Number |
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| Revenue Share of Own Brands (Aspire Classico) % |
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| Trade Receivable Turnover Ratio Times |
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Extracted by Screener AI
Documents
Announcements
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Updates
30 May 2026 - FY26 revenue reached 177 crore; H2 revenue 117 crore, with new B2B, e-commerce and GeM initiatives.
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Outcome of Board Meeting
30 May 2026 - Board approved audited standalone results for H2/FY ended March 31, 2026; auditors issued unmodified opinion.
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Outcome of Board Meeting
27 May 2026 - Board appointed Mr. Sudhanshu Singhal and Mr. Harsh as additional directors on 27 May 2026.
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Structural Digital Database
25 May 2026 - SDD compliance certificate for 1 Apr 2025 to 31 Mar 2026 confirms no non-compliance.
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Resignation of Director/KMP/SMP
22 May 2026 - Aspire & Innovative Advertising Limited has informed about Resignation of Director/KMP/SMP
Business Overview:[1]
a) AIAL is in the business of trading of consumer durables like kitchen appliances, home appliances, white goods, mobile phones and its related accessories, solar products etc. of multiple brands viz. Bajaj, Prestige, Vivo, Samsung, Crompton, Whirlpool, Hindware, Havells, HP, Lenovo, Acer etc.
b) Company offers delivery of products in the rural and semi urban areas.
c) It provides one platform to bring multiple brands under one umbrella