AVATAR Industries Ltd
AVATAR Industries Ltd (formerly ASL Industries) is a Mumbai-based listed holding/technology company. After a takeover and management change, legacy steel-parts manufacturing was shut and the main object changed to IT & computer services in May 2025. The name changed effective April 6, 2026. [1] [2]
- Market Cap ₹ 226 Cr.
- Current Price ₹ 217
- High / Low ₹ 258 / 63.0
- Stock P/E 612
- Book Value ₹ 34.0
- Dividend Yield 0.00 %
- ROCE 1.36 %
- ROE 1.05 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 6.39 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* 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 Automobile and Auto Components Auto Components Auto Components & Equipments
Part of Nifty SME Emerge
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| 0 | 103 | |
| 0 | 103 | |
| Operating Profit | -0 | -0 |
| OPM % | -0.2% | |
| 0 | 1 | |
| Interest | 0 | 0 |
| Depreciation | 0 | 0 |
| Profit before tax | 0 | 0 |
| Tax % | 11% | 23% |
| 0 | 0 | |
| EPS in Rs | 0.09 | 0.36 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 311% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 62% |
| 3 Years: | 78% |
| 1 Year: | 197% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 10 | 10 |
| Reserves | 25 | 25 |
| 0 | 0 | |
| 0 | 0 | |
| Total Liabilities | 35 | 36 |
| 0 | 0 | |
| CWIP | 0 | 0 |
| Investments | 0 | 0 |
| 35 | 36 | |
| Total Assets | 35 | 36 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| -0 | 0 | |
| 0 | 0 | |
| 0 | 0 | |
| Net Cash Flow | 0 | 0 |
| Free Cash Flow | 0 | 0 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -19% | -135% |
Ratios
Consolidated / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Debtor Days | 1 | |
| Inventory Days | ||
| Days Payable | ||
| Cash Conversion Cycle | 1 | |
| Working Capital Days | 122 | |
| ROCE % | 1% |
Insights
In beta| Feb 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Number of Employees count ・Standalone data |
|
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Extracted by Screener AI
Documents
Announcements
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Submitted Regulation 74(5) certificate for quarter ended 30 September 2026.
-
Shareholders meeting
- AVATAR Industries submitted 35th AGM voting results and scrutinizer’s report on 28 September 2026.
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Shareholders meeting
- AVATAR Industries held its 35th AGM on 28 September 2026; approved financials, director reappointment and auditor appointment.
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Trading Window
- Trading window closed from 1 October 2026 for half-year results ending 30 September 2026.
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Record Date
- Record date set for 35th AGM on 21 September 2026; AGM on 28 September 2026 via VC.
Annual reports
-
Annual Report 2026
from nse
-
Annual Report 2025
from nse
-
Annual Report 2024
from nse
-
Annual Report 2023
from nse
-
Annual Report 2022
from nse
-
Annual Report 2021
from nse
-
Annual Report 2020
from nse
-
Annual Report 2019
from nse
-
Annual Report 2018
from nse
Business Overview:
The Co. is focusing on AI enterprise solutions, software/IT, analytics, digital infrastructure and consulting—an early-stage strategy, not an established operating track record. [1] [2]