Aspire & Innovative Advertising Ltd
Incorporated in 2017, Aspire & Innovative Advertising Ltd manufacturing and sale of electronic equipment, home appliances etc.[1]
- Market Cap ₹ 23.5 Cr.
- Current Price ₹ 15.5
- High / Low ₹ 38.6 / 10.2
- Stock P/E 8.95
- Book Value ₹ 33.3
- Dividend Yield 0.00 %
- ROCE 10.7 %
- ROE 9.03 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.47 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 22.5%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 3.96% over past five years.
- Earnings include an other income of Rs.3.03 Cr.
- Debtor days have increased from 48.2 to 67.2 days.
- Company's cost of borrowing seems high
* 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 | TTM | |
|---|---|---|---|---|---|---|---|
| 137 | 108 | 255 | 346 | 384 | 167 | 127 | |
| 135 | 105 | 249 | 338 | 371 | 164 | 125 | |
| 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 | 1 |
| Profit before tax | 3 | 3 | 6 | 7 | 13 | 5 | 3 |
| Tax % | 28% | 29% | 29% | 26% | 27% | 23% | |
| 2 | 2 | 4 | 5 | 9 | 4 | 3 | |
| EPS in Rs | 2,000.00 | 2,280.00 | 39.33 | 47.79 | 8.38 | 2.56 | 1.73 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | -13% |
| TTM: | -59% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | -3% |
| TTM: | -65% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -61% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 27% |
| 3 Years: | 22% |
| Last Year: | 9% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 1 | 1 | 11 | 15 | 15 |
| Reserves | 3 | 5 | 9 | 14 | 26 | 34 | 35 |
| 0 | 1 | 1 | 9 | 13 | 9 | 1 | |
| 18 | 29 | 42 | 38 | 67 | 37 | 30 | |
| Total Liabilities | 21 | 35 | 53 | 63 | 117 | 96 | 82 |
| 0 | 1 | 1 | 0 | 1 | 1 | 1 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 5 | 0 | 2 | 0 | 0 | 0 | 0 |
| 16 | 34 | 50 | 62 | 115 | 94 | 80 | |
| Total Assets | 21 | 35 | 53 | 63 | 117 | 96 | 82 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 4 | -3 | 7 | -13 | -7 | 1 | |
| -4 | 5 | -2 | 2 | -1 | -0 | |
| -1 | 0 | 1 | 7 | 15 | 3 | |
| Net Cash Flow | -2 | 2 | 5 | -4 | 8 | 4 |
| Free Cash Flow | 3 | -4 | 6 | -13 | -8 | 0 |
| CFO/OP | 172% | -74% | 136% | -150% | -29% | 80% |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 23 | 50 | 11 | 20 | 57 | 67 |
| Inventory Days | 17 | 64 | 62 | 44 | 43 | 86 |
| Days Payable | 52 | 111 | 78 | 52 | 71 | 71 |
| Cash Conversion Cycle | -12 | 4 | -6 | 12 | 29 | 82 |
| Working Capital Days | -11 | 4 | -3 | 12 | 20 | 44 |
| ROCE % | 72% | 74% | 42% | 37% | 11% |
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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Disclosure under SEBI Takeover Regulations
6 May 2026 - Promoters disclosed no encumbrance on company shares under SEBI Regulation 31(4).
-
General Updates
30 April 2026 - Company states it is not a Large Corporate for FY2025-26 and need not file related disclosures.
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Resignation of Director/KMP/SMP
28 April 2026 - Aspire & Innovative Advertising Limited has informed about Resignation of Director/KMP/SMP
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Resignation of Director/KMP/SMP
28 April 2026 - Aspire & Innovative Advertising Limited has informed about Resignation of Director/KMP/SMP
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General Updates
28 April 2026 - Ajay Bansal resigned as Non-Executive Independent Director of Aspire & Innovative Advertising effective 28 April 2026.
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