Avro India Ltd
Incorporated in 1996, Avro India Ltd manufactures and sells plastic moulded furniture and granules[1]
- Market Cap ₹ 116 Cr.
- Current Price ₹ 115
- High / Low ₹ 171 / 93.7
- Stock P/E 28.6
- Book Value ₹ 28.6
- Dividend Yield 0.00 %
- ROCE 17.4 %
- ROE 15.0 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.4.00 Cr.
* 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: Plastic products Industry: Plastics Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
8.23 | 6.12 | 8.03 | 9.93 | 13.79 | 26.73 | 48.69 | 43.94 | 52.95 | 64.44 | 79.71 | 93.37 | |
8.34 | 5.64 | 7.11 | 8.71 | 12.35 | 24.14 | 45.81 | 41.19 | 49.15 | 59.27 | 73.43 | 87.57 | |
Operating Profit | -0.11 | 0.48 | 0.92 | 1.22 | 1.44 | 2.59 | 2.88 | 2.75 | 3.80 | 5.17 | 6.28 | 5.80 |
OPM % | -1.34% | 7.84% | 11.46% | 12.29% | 10.44% | 9.69% | 5.91% | 6.26% | 7.18% | 8.02% | 7.88% | 6.21% |
0.38 | 0.06 | 0.01 | 0.06 | 0.06 | 0.08 | -0.01 | 0.41 | 0.30 | 0.46 | 2.33 | 4.00 | |
Interest | 0.22 | 0.22 | 0.37 | 0.44 | 0.39 | 0.30 | 0.22 | 0.30 | 0.26 | 0.42 | 0.96 | 1.38 |
Depreciation | 0.00 | 0.28 | 0.51 | 0.74 | 0.96 | 1.19 | 1.29 | 1.45 | 1.44 | 1.28 | 1.82 | 2.78 |
Profit before tax | 0.05 | 0.04 | 0.05 | 0.10 | 0.15 | 1.18 | 1.36 | 1.41 | 2.40 | 3.93 | 5.83 | 5.64 |
Tax % | 0.00% | 0.00% | 40.00% | 40.00% | 13.33% | 27.97% | 37.50% | 18.44% | 27.50% | 24.17% | 28.64% | 28.37% |
0.05 | 0.05 | 0.04 | 0.06 | 0.14 | 0.85 | 0.85 | 1.14 | 1.75 | 2.98 | 4.15 | 4.04 | |
EPS in Rs | 1.00 | 1.00 | 0.80 | 1.20 | 2.80 | 1.16 | 0.84 | 1.13 | 1.73 | 2.95 | 4.11 | 4.00 |
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: | 31% |
5 Years: | 14% |
3 Years: | 21% |
TTM: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | 59% |
5 Years: | 31% |
3 Years: | 33% |
TTM: | 0% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 65% |
3 Years: | 70% |
1 Year: | 1% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 14% |
3 Years: | 16% |
Last Year: | 15% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1.58 | 1.58 | 1.58 | 1.58 | 1.58 | 2.37 | 3.25 | 3.25 | 3.25 | 10.09 | 10.09 | 10.09 |
Reserves | 0.79 | 0.92 | 0.96 | 1.02 | 1.11 | 4.41 | 8.89 | 10.02 | 14.44 | 10.60 | 14.75 | 18.78 |
1.80 | 1.65 | 3.68 | 3.90 | 3.92 | 3.33 | 3.42 | 2.60 | 4.15 | 7.68 | 11.58 | 15.62 | |
0.29 | 0.65 | 0.55 | 1.54 | 3.54 | 5.60 | 4.50 | 3.79 | 3.05 | 8.94 | 4.57 | 9.96 | |
Total Liabilities | 4.46 | 4.80 | 6.77 | 8.04 | 10.15 | 15.71 | 20.06 | 19.66 | 24.89 | 37.31 | 40.99 | 54.45 |
1.70 | 1.76 | 3.05 | 3.56 | 3.92 | 7.61 | 8.35 | 8.15 | 10.45 | 12.15 | 14.62 | 20.32 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.44 | 0.77 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.14 | 0.37 | 0.78 | 0.36 | 1.05 | 0.97 |
2.76 | 3.04 | 3.72 | 4.48 | 6.23 | 8.10 | 11.57 | 11.14 | 13.66 | 24.80 | 24.88 | 32.39 | |
Total Assets | 4.46 | 4.80 | 6.77 | 8.04 | 10.15 | 15.71 | 20.06 | 19.66 | 24.89 | 37.31 | 40.99 | 54.45 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.16 | 1.37 | 1.94 | 2.51 | -2.05 | 2.24 | 0.07 | -0.58 | 2.90 | 6.06 | ||
0.00 | -1.80 | -1.22 | -1.32 | -1.62 | -2.02 | -1.42 | -1.17 | -2.48 | -5.73 | -8.91 | ||
0.00 | 1.66 | -0.23 | -0.35 | -0.89 | 4.27 | -1.13 | 1.29 | 3.12 | 2.93 | 2.67 | ||
Net Cash Flow | 0.00 | 0.02 | -0.08 | 0.27 | 0.01 | 0.20 | -0.31 | 0.19 | 0.06 | 0.10 | -0.18 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 46.57 | 70.38 | 54.09 | 64.69 | 85.23 | 71.28 | 61.25 | 67.45 | 74.38 | 105.58 | 76.20 | 80.65 |
Inventory Days | 52.96 | 85.52 | 93.89 | 84.68 | 56.80 | 29.11 | 12.01 | 14.45 | 14.50 | 41.45 | 40.24 | 35.42 |
Days Payable | 3.42 | 34.38 | 7.93 | 64.32 | 102.61 | 82.48 | 30.24 | 27.80 | 20.08 | 64.92 | 23.10 | 36.45 |
Cash Conversion Cycle | 96.11 | 121.51 | 140.05 | 85.06 | 39.42 | 17.91 | 43.01 | 54.10 | 68.80 | 82.11 | 93.34 | 79.61 |
Working Capital Days | 106.44 | 133.59 | 136.82 | 105.49 | 63.79 | 26.08 | 47.90 | 56.49 | 69.07 | 86.15 | 89.75 | 89.83 |
ROCE % | 5.32% | 8.10% | 8.02% | 8.24% | 17.46% | 14.65% | 10.56% | 13.79% | 17.01% | 20.53% | 17.35% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Jul - Certificate dated July 04, 2024 received from Registrar and Share Transfer Agent i.e. MAS Services Limited confirming compliance under Reg. 74(5) of SEBI (Depositories and …
- Closure of Trading Window 29 Jun
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Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Secretarial Compliance Report of Avro India Limited for the year ended March, 2024 under Reg. 24A(2) of SEBI (LODR) Regulations, 2015
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
28 May - Reg. 47(3) of SEBI (LODR) Regulations, 2015, the Company has published the Unaudited Financial Results of the quarter and financial year ended 31st March, 2024 …
- Financial Results For Quarter And Financial Year Ended March 31, 2024 27 May
Annual reports
Concalls
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Aug 2023Transcript PPT
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Jun 2023Transcript PPT
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Feb 2023Transcript PPT
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Dec 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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May 2022TranscriptNotesPPT
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May 2022TranscriptNotesPPT
Business Overview:[1]
AIL manufactures Plastic moulded Furniture under brand names AVRO & AVON and sell pan India through Online & Offline mode. It also recycles Plastic Packaging Waste material