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Last Updated on: 30 May, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Avro India Ltd

About the Company - Avro India Ltd

Avro India Ltd. is a Public Limited Listed company incorporated on 01/07/1996 and has its registered office in the State of Uttar Pradesh, India. Company’s Corporate Identification Number(CIN) is L25200UP1996PLC101013 and registration number is 101013. Currently Company is involved in the business activities of Manufacture of furniture primarily of plastic. Company’s Total Operating Revenue is Rs. 64.74 Cr. and Equity Capital is Rs. 10.09 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Plastics - Plastic & Plastic ProductsA-7/36-39, South of G.T Road Industrial Area, Ghaziabad Uttar Pradesh 201009info@avrofurniture.com
http://www.avrofurniture.com
Management
NamePosition Held
Mr. Sushil Kumar AggarwalChairman & Wholetime Director
Mr. Sahil AggarwalManaging Director
Ms. Anita AggarwalNon Executive Director
Ms. Vandana GuptaIndependent Director
Mrs. Richa KalraIndependent Director
Mr. Sushil Kumar GoyalIndependent Director
Mr. Nikhil AggarwalWhole Time Director

Basic Stock Data of Avro India Ltd

Last Updated: May 27, 2024, 1:54 pm

Market Cap 139 Cr.
Current Price 138
High / Low171/93.7
Stock P/E34.6
Book Value 26.6
Dividend Yield0.00 %
ROCE20.5 %
ROE17.8 %
Face Value 10.0
PEG Ratio1.19

Competitors of Avro India Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Responsive Industries Ltd 8,364 Cr. 314365/15161.3 40.30.03 %4.51 %2.46 % 1.00
Mold-Tek Packaging Ltd 2,858 Cr. 8601,105/74139.9 1790.70 %19.6 %16.1 % 5.00
Pearl Polymers Ltd 61.7 Cr. 36.648.4/19.0 22.90.00 %17.4 %18.1 % 10.0
Kingfa Science & Technology (India) Ltd 2,398 Cr. 1,9802,595/1,40019.1 4380.00 %24.7 %19.1 % 10.0
Pil Italica Lifestyle Ltd 276 Cr. 11.817.6/8.1059.8 3.160.00 %8.46 %6.43 % 1.00
Industry Average2,791.54 Cr640.4836.02136.670.15%14.93%12.44%5.40

Avro India Ltd Quarterly Results

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales14.1912.1114.6019.6918.3020.2521.4821.1917.1122.7118.9729.18
Expenses13.5312.0513.4618.3915.6618.1519.4819.5316.5921.0417.4227.36
Operating Profit0.660.061.141.302.642.102.001.660.521.671.551.82
OPM %4.65%0.50%7.81%6.60%14.43%10.37%9.31%7.83%3.04%7.35%8.17%6.24%
Other Income0.050.030.070.030.340.070.090.631.540.630.810.85
Interest0.080.090.110.070.130.190.230.280.260.300.350.37
Depreciation0.400.290.290.290.410.400.400.450.560.530.640.75
Profit before tax0.23-0.290.810.972.441.581.461.561.241.471.371.55
Tax %43.48%-24.14%3.70%48.45%24.59%34.18%27.40%23.72%29.84%31.29%25.55%27.10%
Net Profit0.12-0.360.780.501.841.041.051.190.871.011.021.12
EPS in Rs0.12-0.360.770.501.821.031.041.180.861.001.011.11

Last Updated: May 7, 2024, 11:23 pm

Avro India Ltd Quarterly Chart

Avro India Ltd Profit & Loss

MonthMar 2011Mar 2012Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales8.168.236.128.039.9313.7926.7348.6943.9452.9564.4479.7179.98
Expenses8.208.345.647.118.7112.3524.1445.8141.1949.1559.2773.4374.58
Operating Profit-0.04-0.110.480.921.221.442.592.882.753.805.176.285.40
OPM %-0.49%-1.34%7.84%11.46%12.29%10.44%9.69%5.91%6.26%7.18%8.02%7.88%6.75%
Other Income0.170.380.060.010.060.060.08-0.010.410.300.462.333.61
Interest0.170.220.220.370.440.390.300.220.300.260.420.961.19
Depreciation0.000.000.280.510.740.961.191.291.451.441.281.822.18
Profit before tax-0.040.050.040.050.100.151.181.361.412.403.935.835.64
Tax %0.00%0.00%0.00%40.00%40.00%13.33%27.97%37.50%18.44%27.50%24.17%28.64%
Net Profit-0.040.050.050.040.060.140.850.851.141.752.984.154.09
EPS in Rs-0.801.001.000.801.202.801.160.841.131.732.954.114.05
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%

Avro India Ltd Profit & Loss Yearly Chart

Avro India Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:24%
3 Years:22%
TTM:8%
Compounded Profit Growth
10 Years:%
5 Years:37%
3 Years:54%
TTM:-21%
Stock Price CAGR
10 Years:%
5 Years:56%
3 Years:122%
1 Year:8%
Return on Equity
10 Years:%
5 Years:14%
3 Years:15%
Last Year:18%

Last Updated: April 9, 2024, 4:14 am

Avro India Ltd Balance Sheet

MonthMar 2011Mar 2012Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital1.581.581.581.581.581.582.373.253.253.2510.0910.0910.09
Reserves0.750.790.920.961.021.114.418.8910.0214.4410.6014.7516.79
Borrowings1.401.801.653.683.903.923.333.422.604.157.6811.5816.09
Other Liabilities0.570.290.650.551.543.545.604.503.793.058.944.579.83
Total Liabilities4.304.464.806.778.0410.1515.7120.0619.6624.8937.3140.9952.80
Fixed Assets1.951.701.763.053.563.927.618.358.1510.4512.1514.6216.86
CWIP0.000.000.000.000.000.000.000.000.000.000.000.440.01
Investments0.000.000.000.000.000.000.000.140.370.780.361.050.93
Other Assets2.352.763.043.724.486.238.1011.5711.1413.6624.8024.8835.00
Total Assets4.304.464.806.778.0410.1515.7120.0619.6624.8937.3140.9952.80

Avro India Ltd Reserves and Borrowings Chart

Avro India Ltd Cash Flow

MonthMar 2011Mar 2012Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 0.000.000.161.371.942.51-2.052.240.07-0.582.90
Cash from Investing Activity 0.000.00-1.80-1.22-1.32-1.62-2.02-1.42-1.17-2.48-5.73
Cash from Financing Activity 0.000.001.66-0.23-0.35-0.894.27-1.131.293.122.93
Net Cash Flow0.000.000.02-0.080.270.010.20-0.310.190.060.10

Avro India Ltd Financial Efficiency Indicators

MonthMar 2011Mar 2012Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days39.3646.5770.3854.0964.6985.2371.2861.2567.4574.38105.5876.20
Inventory Days45.1352.9685.5293.8984.6856.8029.1112.0114.4514.5041.4540.24
Days Payable25.393.4234.387.9364.32102.6182.4830.2427.8020.0864.9223.10
Cash Conversion Cycle59.1196.11121.51140.0585.0639.4217.9143.0154.1068.8082.1193.34
Working Capital Days79.17106.44133.59136.82105.4963.7926.0847.9056.4969.0786.1589.75
ROCE %5.32%8.10%8.02%8.24%17.46%14.65%10.56%13.79%17.01%20.53%

Avro India Ltd Financial Efficiency Indicators Chart

Avro India Ltd Share Holding Pattern

MonthSep 2020Mar 2021Sep 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters68.22%69.64%69.64%70.37%70.37%70.37%70.37%70.37%70.37%70.37%70.37%70.37%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.02%
Public31.77%30.36%30.36%29.63%29.63%29.63%29.62%29.62%29.62%29.64%29.63%29.60%
No. of Shareholders978187817481,1871,9864,5445,8467,0798,3568,843

Avro India Ltd Shareholding Pattern Chart

No. of Avro India Ltd Shareholders

This stock is not held by any mutual fund

Avro India Ltd ROCE Trend

Avro India Ltd EPS Trend

Avro India Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)4.122.955.573.492.62
Diluted EPS (Rs.)4.122.955.573.492.62
Cash EPS (Rs.)5.924.229.847.966.59
Book Value[Excl.RevalReserv]/Share (Rs.)24.6314.3736.4430.8727.38
Book Value[Incl.RevalReserv]/Share (Rs.)24.6320.5046.3740.8037.31
Revenue From Operations / Share (Rs.)79.3264.18163.71135.42150.78
PBDIT / Share (Rs.)8.535.5712.569.689.93
PBIT / Share (Rs.)6.734.308.285.215.96
PBT / Share (Rs.)5.783.897.474.314.63
Net Profit / Share (Rs.)4.122.955.573.492.62
PBDIT Margin (%)10.758.687.667.146.58
PBIT Margin (%)8.486.705.053.843.95
PBT Margin (%)7.286.064.563.183.06
Net Profit Margin (%)5.184.593.402.571.74
Return on Networth / Equity (%)16.7120.5215.2811.309.58
Return on Capital Employeed (%)24.4219.7817.1811.8314.56
Return On Assets (%)10.127.978.125.774.25
Long Term Debt / Equity (X)0.110.080.040.090.11
Total Debt / Equity (X)0.460.530.340.240.34
Asset Turnover Ratio (%)2.042.172.542.222.74
Current Ratio (X)1.941.622.182.161.74
Quick Ratio (X)1.461.291.931.891.54
Inventory Turnover Ratio (X)7.4113.5911.9310.9914.99
Interest Coverage Ratio (X)8.9713.5415.5910.7317.49
Interest Coverage Ratio (Post Tax) (X)5.338.177.924.877.75
Enterprise Value (Cr.)136.7269.2816.2119.2517.54
EV / Net Operating Revenue (X)1.711.070.300.430.35
EV / EBITDA (X)15.8912.323.976.115.43
MarketCap / Net Operating Revenue (X)1.570.950.230.380.30
Price / BV (X)5.064.281.051.691.68
Price / Net Operating Revenue (X)1.570.950.230.380.30
EarningsYield0.030.040.140.060.05

Avro India Ltd Profitability Ratios (%)

Avro India Ltd Liquidity Ratios

Avro India Ltd Liquidity Ratios (%)

Avro India Ltd Interest Coverage Ratios (%)

Avro India Ltd Valuation Ratios

Fair Value

Fair Value: ₹167.10

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 21.09% compared to the current price ₹138

Intrinsic Value: ₹215.70

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 56.31% compared to the current price ₹138

Last 5 Year EPS CAGR: 29.08%

*Investments are subject to market risks

Strength and Weakness of Avro India Ltd Stock

Unable to fetch valid data for stock valuation.

FAQ

What is the latest fair value of Avro India Ltd?

The latest fair value of Avro India Ltd is ₹167.10.

What is the Market Cap of Avro India Ltd?

The Market Cap of Avro India Ltd is 139 Cr..

What is the current Stock Price of Avro India Ltd as on 30 May 2024?

The current stock price of Avro India Ltd as on 30 May 2024 is ₹138.

What is the High / Low of Avro India Ltd stocks in FY 2024?

In FY 2024, the High / Low of Avro India Ltd stocks is 171/93.7.

What is the Stock P/E of Avro India Ltd?

The Stock P/E of Avro India Ltd is 34.6.

What is the Book Value of Avro India Ltd?

The Book Value of Avro India Ltd is 26.6.

What is the Dividend Yield of Avro India Ltd?

The Dividend Yield of Avro India Ltd is 0.00 %.

What is the ROCE of Avro India Ltd?

The ROCE of Avro India Ltd is 20.5 %.

What is the ROE of Avro India Ltd?

The ROE of Avro India Ltd is 17.8 %.

What is the Face Value of Avro India Ltd?

The Face Value of Avro India Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Avro India Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE