AVROINDConsumer Discretionary

AVRO INDIA LIMITED

Plastic Products - Consumer · ISIN INE652Z01025 · BSE 543512 · NSE EQ · FV ₹1
Last price
₹8
-1.01%today
What this company does

AVRO INDIA LIMITED operates in Plastic Products - Consumer, part of the Consumer Discretionary sector. It booked ₹25 cr of revenue in its latest quarter (Q1 FY27) and kept 2.7% of sales as profit. It is the 6th largest of 8 Plastic Products - Consumer companies we track, by market value.

The Company is primarily engaged in the manufacturing and selling of plastic moulded furniture and granules.
In the report:
45out of 100
Equitytale Health Score
Mixed

Healthier than 45% of companies in Consumer Discretionary, on the 5 of 6 measures we could read for it. Each measure is ranked against the 326–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
37

At close. Not part of the score.

Profitability & returns33

How much profit it earns on the money it employs

Balance sheet59

How much it owes, and whether earnings cover the interest

Cash quality16

Whether reported profit actually arrives as cash

Valuation40

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Some things to watchPriced in line with peers
Strengths
Makes a profit
Sales up 17% vs last year
Promoters hold 54%
No promoter shares pledged
Watch-outs
! Thin 2.7% net margin
! Profit down 34% vs last year
! Low 3.1% return on equity
! Operating cash flow is negative

What if I invest in AVROIND?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹8 -1.01%
latest close · 2026-09-17
52-wk low ₹742 sessions so far52-wk high ₹10
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio39.2High
LowAverageHigh
P/B ratio1.18Moderate
Below bookModerateHigh
EV / EBITDA14.0Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity3.1%Weak
WeakFairStrong ▸15%
Return on capital4.6%Weak
WeakFairStrong
Net margin2.7%Thin
ThinDecentStrong
EBITDA margin8.5%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.20Comfortable
LowModerateHigh ▸1
Interest cover3.2×Okay
RiskyOkayStrong ▸5×
Current ratio3.59Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹105 cr
Book value
₹7
EPS
₹0.05
latest quarter
Net debt
₹16 cr
owes more than its cash
Enterprise value
₹121 cr
EBITDA
₹9 cr
annualised
EBIT
₹4 cr
annualised
Operating margin
4.4%
Return on assets
2.3%
Earnings yield
2.55%
P/S
1.04
Sales / share
₹7.6
Tax rate
9.3%
Face value
₹1
Shares
13.4 cr
Working capital
₹64 cr
Current assets
₹89 cr
Current liabilities
₹25 cr
Delivery %
65.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹1₹1, midpoint ₹1

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹25 cr
Other Income₹2 cr
Total Income₹27 cr
Cost of Materials₹17 cr
Purchases of Stock-in-Trade₹3 cr
Inventory Change (±)₹-2 cr
Employee Benefit Expense₹2 cr
Finance Costs₹34.9 L
Depreciation & Amortisation₹1 cr
Other Expenses₹6 cr
Total Expenses₹27 cr
Profit before Tax₹76.5 L
Tax Expense₹7.1 L
Net Profit₹69.3 L
Net margin on total income2.5%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹17 cr61.2%
Employee benefit expense₹2 cr9.1%
Finance costs₹34.9 L1.3%
Depreciation & amortisation₹1 cr3.8%
Other expenses₹6 cr21.9%
Tax expense₹7.1 L0.3%
Profit for the period₹69.3 L2.5%
Total income ₹27 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue25 cr27 cr25 cr
Total income28 cr30 cr27 cr
Expenses26 cr28 cr27 cr
Profit before tax2 cr2 cr76.5 L
Tax42.8 L59.8 L7.1 L
Net profit (owners' share)1 cr98.1 L69.3 L
Net margin (owners' share, on revenue)5.4%3.6%2.7%
EPS (₹)1.020.730.05
YoY (latest quarter): total income +17.9% · net profit -34.1%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹121 cr
Shareholder equity
₹90 cr
parent shareholders
Total debt
₹18 cr
Cash
₹2 cr
Cash flow · H1 FY26
Operating
₹-3 cr
Investing
₹-26 cr
Financing
₹3 cr
Peer comparison
Plastic Products - Consumer · by market value
CompanyPriceMarket capP/E
Shaily Engineering Plastics Limited₹3,107₹14,293 cr
Safari Industries (India) Limited₹1,511₹7,402 cr38.8
VIP Industries Limited₹304₹4,322 cr
Nilkamal Limited₹1,917₹2,861 cr29.4
PIL ITALICA LIFESTYLE LIMITED₹8₹182 cr193.8
AVRO INDIA LIMITEDthis company₹8₹105 cr39.2
Tokyo Plast International Limited₹76₹72 cr
Pearl Polymers Limited₹17₹28 cr3.0
Same industry · latest reported numbers · not a recommendation.
Corporate actions
ActionDetailEx-date
Stock splitStock Split From Rs.10/- to Rs.1/-5 May 2026
Who owns it · 2026-06-30
No pledge
Promoter
53.6%
FII / Foreign
6.8%
DII / Domestic
Retail / others
39.5%
Promoter stake down 16.7% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtNikhil Aggarwal · Promoter Group3.23 L · ₹1.5 cr11 Feb 25
BoughtNikhil Aggarwal · Promoter Group58,939 · ₹75.0 L19 Oct 24
BoughtGautam Rajgarhia · Promoter Group39,293 · ₹50.0 L19 Oct 24
Bulk / block deals
SoldNAUTILUS PRIVATE CAPITAL LTD · NSE70,000 @ ₹132.2122 Apr 26
BoughtMINERVA VENTURES FUND · NSE70,000 @ ₹132.2122 Apr 26
BoughtNAUTILUS PRIVATE CAPITAL LTD · NSE70,000 @ ₹145.1314 Jan 26
Stake changes
BoughtNKSQUARED→ 6.28% · 6.74 L11 Feb 25
BoughtNAV Capital VCC-NAV Capital Emerging Star Fund→ 7.53% · 8.09 L11 Feb 25
BoughtNKSQUARED→ 5.06% · 6.74 L11 Feb 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Special shareholder meeting · 30 Mar 2026
See the official result
1
To Ratify the material related party transaction pertaining to personal guarantees given by Mr. Sushil Kumar Aggarwal, Mrs. Anita Aggarwal, Mr. Sahil Aggarwal, Mr. Nikhil Aggarwal, Sushil Kumar Aggarwal HUF, Sahil Aggarwal HUF and Nikhil Aggarwal HUF to IDFC First Bank Limited on behalf of the Company for Rupees Twenty-One Crores and Eight Lakhs.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
53,349 votes for, 1 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 20 named members
owning 53.6% between them · as of 2026-06-30
Sushil Kumar Aggarwal19.08%
Anita Aggarwal16.50%
Sahil Aggarwal10.40%
Nikhil Aggarwal2.17%
Kundita Aggarwal1.73%
Sahil Aggarwal HUF1.73%
Sushil Kumar Aggarwal HUF1.73%
Gautam Rajgarhia0.29%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹1 cr raised in Apr 2026 by selling shares to selected investors

As of Jun 2026, the company says it has spent 2% of what it set aside.

Purchase of new machines for capacity expansion in both plastic furniture and recycling
0%
of what was set aside
Meeting working capital requirements
2%
of what was set aside
Enhancing Brand visibility
11%
of what was set aside
General corporate purposes
0%
of what was set aside

The rupee amounts in this company’s own breakdown don’t add up to the amount it says it raised — a common filing slip, where a table meant to be read in lakhs is entered as whole rupees. Rather than guess which is right, we show only the percentages, which are unaffected.

₹49 cr raised in Feb 2025 by selling shares to selected investors

As of Dec 2025, the company says it has spent 94% of what it set aside, leaving ₹3 cr still to be spent.

To Invest in a Greenfield Plastic Waste recycling project to be set up either within the Company or through investment in shares of any other Company undertaking the project
100%
₹40 cr of ₹40 cr
Long-Term Working Capital requirements
58%
₹5 cr of ₹8 cr
General corporate purpose
100%
₹6 cr of ₹6 cr
Spent by quarter: 16%93%94% (to Dec 2025)

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.