AVRO India Ltd.

AVRO India Ltd.

5.45
INR
-0.25
(-4.39%)
0.37EPS
26.96P/E
1.38BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
0.61
0.8
0.98
1.88
3.66
4.86
4.36
5.28
6.42
7.93
9.26
7.3
0.68
9.46
Basic EPS, GAAP
- -
- -
0.01
0.02
0.12
0.08
0.11
0.17
0.3
0.41
0.4
0.28
0.03
0.38
Free Cash Flow per Basic Share
- -
-0.17
0.01
0.06
0.11
-0.43
0.05
-0.08
-0.37
-0.25
-0.31
-1.26
-0.02
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.25
0.25
0.26
0.27
0.67
1.2
1.58
1.75
2.05
2.46
2.86
6.39
6.72
- -
Tangible Book Value per Share
0.25
0.25
0.26
0.27
0.67
1.2
1.58
1.75
2.05
2.46
2.86
6.39
6.72
- -
Basic Weighted Avg Shares
101
101
101
73
73
101
101
101
101
101
101
107
1,331
103
Sales/Revenue/Turnover
61
80
99
138
269
490
440
533
647
800
934
783
910
977
Operating Margin (%)
3.74
5.1
4.73
3.61
5.53
3.26
3.2
4.58
5.99
5.67
3.4
1.65
-0.75
-2.3
Depreciation Expense
3
5
7
10
12
13
15
14
13
18
28
39
44
46
Net Income, GAAP
- -
- -
1
1
9
9
11
17
30
42
40
30
46
40
Effective Tax Rate (%)
- -
30.95
41.69
10.75
27.8
37.3
19.05
27.41
24.18
28.77
28.4
24.24
26.32
23.87
Profit Margin (%)
0.8
0.46
0.56
0.99
3.17
1.74
2.58
3.28
4.6
5.19
4.32
3.88
5.05
4.04
Working Capital
11
20
11
6
6
50
56
75
95
125
117
618
642
- -
LT Debt
3
25
21
18
14
10
10
5
12
28
45
56
62
- -
Total Equity
25
25
26
27
68
121
160
177
207
248
289
850
895
- -
Return on Invested Capital (%)
- -
5.41
4.6
7.11
12.33
6.2
6.2
8.59
11.67
10.1
6.16
1.13
-0.75
- -
Return on Capital (%)
- -
5.18
4.83
7.13
12.83
8.12
8.1
9.57
13.09
14.91
12.4
5.66
5.46
- -
Return on Common Equity (%)
1.97
1.45
2.16
5.17
18.01
9.03
8.08
10.38
15.51
18.24
15.04
5.34
5.27
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
114
- -
LT Borrowings
- -
62
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
133
133
134
Market Capitalization
1,637
1,476
1,385

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
891
- -
Cash, Cash Equivalents & STI
- -
314
- -
Accounts Receivable, Net
- -
284
- -
Inventories
- -
198
- -
Total Current Liabilities
- -
248
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
114
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
53.03%
50.61%
5.27%
Free Cash Flow
-0.56%
127.74%
-77.68%
Net Income, GAAP
89.06%
26.71%
51.12%
Sales/Revenue/Turnover
28.88%
12.38%
16.18%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
167
180
241
195
783
2026
217
209
243
272
910
2027
253
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.07
0.08
0.1
0.04
0.28
2026
0.08
0.09
0.08
0.07
0.03
2027
0.52
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Sahil Aggarwal
Full Time Employees
77
Sector
Consumer durables
Industry
Home furnishings
Address
A-7/36-39 Ghaziabad UP India 201009
IPO Date
Jul 26, 2018
Business
Avro India Limited Avro India Limited manufactures and sells plastic molded furniture and granules in India. The company offers a wide range of products including molded chairs, stools, tables, kids chairs, dining tables, and almirahs under the AVON FURNITURE and AVRO FURNITURE brand names; it utilizes advanced injection molding machinery such as Ferromatic and Haitian units and incorporates regenerated polymers from recycled plastic waste for sustainable production. Avro India Limited operates with pan-India presence through retailers, online platforms including Amazon, Flipkart, Meesho, and JioMart, and offline channels; it targets residential, commercial, and hospitality customers with competitively priced offerings that are 30-40% lower than major brands and provides a three-year guarantee on select products. Founded in 1996 and headquartered in Ghaziabad, Uttar Pradesh, the company, formerly known as Avon Moldplast Limited until its name change in November 2019, commenced manufacturing in Ghaziabad in 2003 and went public in 2018. Recent developments include the acquisition of a new injection molding machine in September 2025 for Rs 27.09 lakh, boosting annual production capacity from 42 million to 44 million pieces; a Rs 39.76 crore investment in its wholly-owned subsidiary Avro Recycling Limited through the allotment of 82,83,789 equity shares at Rs 48 per share; the incorporation of Avro Recycling Limited in April 2025 with initial investment; and plans for a 30,000 tpa greenfield recycling plant by FY27 to expand total recycling capacity to 48,000 tpa.