Avro India Limited

Avro India Limited

AVROIND.BO
Avro India LimitedIN flagBombay Stock Exchange
10.22
INR
+0.10
- -
1.35BMarket Cap
Avro India Limited
AVROIND.BO
(Bombay Stock Exchange)

Recent

price

10.22

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
0.59
0.61
0.8
0.98
1.88
3.66
4.86
4.36
5.28
6.42
7.93
9.26
7.3
- -
7.06
Revenue per Share
- -
- -
- -
0.01
0.02
0.12
0.08
0.11
0.17
0.3
0.41
0.4
0.28
- -
0.32
Basic EPS, GAAP
0.04
- -
-0.17
0.01
0.06
0.11
-0.43
0.05
-0.08
-0.37
-0.25
-0.31
-1.26
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.17
0.18
0.18
0.19
0.23
0.48
0.52
0.61
0.78
1.44
1.85
2.25
2.7
- -
- -
Book Value per Share
0.24
0.25
0.25
0.26
0.37
0.92
1.2
1.58
1.75
2.05
2.46
2.86
7.93
- -
- -
Tangible Book Value per Share
101
101
101
101
73
73
101
101
101
101
101
101
107
- -
133
Basic Weighted Avg Shares
60
61
80
99
138
269
490
440
533
647
800
934
783
946
940
Sales/Revenue/Turnover
3.54
3.74
5.1
4.73
3.61
5.53
3.26
3.2
4.58
5.99
5.67
3.4
1.65
-1.26
-1.1
Operating Margin (%)
3
3
5
7
10
12
13
15
14
13
18
28
39
46
45
Depreciation Expense
- -
- -
- -
1
1
9
9
11
17
30
42
40
30
46
43
Net Income, GAAP
54.06
- -
30.95
41.69
10.75
27.8
37.3
19.05
27.41
24.18
28.77
28.4
24.24
26.32
26.41
Effective Tax Rate (%)
0.05
0.8
0.46
0.56
0.99
3.17
1.74
2.58
3.28
4.6
5.19
4.32
3.88
4.86
4.58
Profit Margin (%)
10
11
20
11
6
6
50
56
75
95
124
117
618
642
642
Working Capital
2
3
25
21
18
14
10
10
5
12
28
45
56
62
62
LT Debt
25
25
25
26
27
68
121
160
177
207
248
289
850
- -
- -
Total Equity
- -
- -
5.4
4.31
6.76
12.79
7.67
6.52
8.69
11.63
9.95
5.65
1.31
-1.43
-1.24
Return on Invested Capital (%)
- -
- -
6.01
5.44
8.19
17.13
13.37
15.83
18.6
19.21
18.43
14.64
9.71
17.39
16.53
Return on Capital (%)
- -
2.78
2.03
3
7.61
32.39
19.34
19.86
24.89
26.59
25.05
19.54
11.78
31.76
29.78
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
162
- -
114
LT Borrowings
72
- -
62
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
133
- -
133
Market Capitalization
1,945
1,638
1,477

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
567
- -
891
Cash, Cash Equivalents & STI
237
- -
533
Accounts Receivable, Net
275
- -
284
Inventories
- -
- -
- -
Total Current Liabilities
294
- -
248
Payables & Accruals
- -
- -
- -
ST Debt
162
- -
114
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
6.97%
142.8%
-2.39%
Net Income, GAAP
89.06%
26.71%
51.12%
Sales/Revenue/Turnover
29.34%
13.31%
20.83%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
227
190
292
225
934
2025
167
180
241
195
783
2026
217
209
243
272
946

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
0.1
0.11
- -
0.4
2025
0.07
0.08
0.1
- -
0.28
2026
0.08
0.09
0.08
0.07
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Avro India Limited manufactures and sells plastic molded furniture and recycled plastic granules in India. The company offers an extensive range of products including chairs such as Moderna Hybrid Chair, Fantasy Chair, 4004 Chair, Venus Chair, 9956 Chair, molded plastic arm chairs, heavy plastic chairs, double insert chairs, orchid cushion chairs, signature gold chairs, and armless molded plastic chairs; stools including plastic stools, round rattan stools, rock stools, ludo stools, and tip top stools; tables such as plastic dining tables and dining table sets; and other items like kid's chairs, plastic baby desks, and almirahs under the AVON FURNITURE and AVRO FURNITURE brand names. These all-weather-proof products, designed for indoor and outdoor use in homes, gardens, auditoriums, schools, colleges, dhabas, restaurants, and hotels, carry a three-year guarantee on select items and are priced approximately 40% lower than national brands; they are distributed through over 30,000 retail touchpoints, 350 distributors covering 6,500+ ZIP codes across 28 states and union territories, and online platforms including Amazon, Flipkart, Meesho, JioMart, IndiaMart, and GeM. Incorporated in 1996 and headquartered at A-7/36-39, South of G.T. Road Industrial Area, Ghaziabad, Uttar Pradesh, Avro operates a fully integrated, zero-emission manufacturing facility using imported machines and molds, with backward integration into plastic waste recycling that processes up to 500 metric tons per month of PP plastic scrap into regenerated polymers, meeting most raw material needs and supporting a circular economy model. In recent developments, the company incorporated a wholly owned subsidiary, Avro Recycling Limited, in May 2025 with an initial investment of up to Rs 1 lakh to expand recycling operations; onboarded over 50 distributors in Q4 FY2024 and more than 100 in FY2025, extending reach beyond North India; listed 2,575,320 equity shares on NSE and BSE following in-principle approvals; increased plastic recycling capacity with two new extruder machines installed by early 2025; appointed Bollywood actor Sonu Sood as brand ambassador; and received awards including India's Best Circular Economy Champion in February 2025 and recognition in the top 100 SMEs of India in March 2025. Avro, listed on NSE (AVROIND) and BSE (543512), targets residential and commercial customers with durable, cost-effective, sustainable solutions amid growing demand for premium plastic furniture driven by urbanization.