---
title: "Avon Corporation Ltd (344) — Share Price, Financials & Analysis"
symbol: "344"
company: "Avon Corporation Ltd"
canonical: "https://tapetide.com/stocks/344"
generated_at: "2026-10-13T10:58:01.891Z"
---

# Avon Corporation Ltd (344)

Canonical page: https://tapetide.com/stocks/344

## Company

- **Stock Type:** EQUITY
- **Listed Since:** 2008-07-03
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Avon Corporation Limited manufactures and supplies weighing systems and other accessories primarily for use in healthcare, pharma, government, retail, gym, and jewelry sectors.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 2.03% over past five years.
- Company has a low return on equity of -45.4% over last 3 years.
- Company has high debtors of 332 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| revenue growth | -51% | -22% | 2% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 |
| --- | --- | --- | --- | --- |
| Sales | 34.06 | 0.27 | 0.24 | 0.2 |
| Expenses | 211.25 | 0.66 | 0.43 | 0.73 |
| Operating Profit | -177.19 | -0.39 | -0.19 | -0.53 |
| OPM % | -520.23 | -144.44 | -79.17 | -265 |
| Other Income | -0.76 | 0 | 0 | 0 |
| Interest | 3.01 | 0.59 | 0.59 | 0.59 |
| Depreciation | -0.09 | 0.43 | 0.43 | 0.26 |
| Profit before tax | -180.87 | -1.41 | -1.21 | -1.38 |
| Tax % | -0.01 | 0 | 0 | 0 |
| Net Profit | -180.86 | -1.41 | -1.21 | -1.39 |
| EPS in Rs | -28.01 | -0.22 | -0.19 | -0.22 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 22 | 39 | 49 | 73 | 117 | 117 | 111 | 54 | 35 |
| Expenses | 21 | 36 | 45 | 67 | 101 | 96 | 96 | 169 | 213 |
| Operating Profit | 1 | 3 | 4 | 6 | 15 | 21 | 15 | -115 | -178 |
| OPM % | 4.2 | 9 | 9 | 9 | 13 | 18 | 14 | -212 | -513 |
| Other Income | 1 | 1 | 1 | 4 | 1 | 2 | 0 | 0 | -1 |
| Interest | 0 | 2 | 3 | 2 | 4 | 4 | 7 | 9 | 5 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 1 | 3 | 2 | 1 |
| Profit before tax | 1 | 2 | 3 | 8 | 12 | 18 | 6 | -126 | -185 |
| Tax % | 39 | 34 | 32 | 11 | 6 | 3 | 27 | 0 | — |
| Net Profit | 1 | 1 | 2 | 7 | 11 | 17 | 4 | -126 | -185 |
| EPS in Rs | — | — | — | 4.22 | 1.76 | 2.68 | 0.67 | -19.55 | -28.64 |
| Dividend Payout % | 20 | 26 | 21 | 5 | 17 | 4 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 1 | 3 | 3 | 17 | 65 | 65 | 65 | 65 |
| Reserves | 1 | 1 | 3 | 9 | 17 | 34 | 38 | -88 |
| Borrowings | 6 | 11 | 17 | 16 | 22 | 44 | 58 | 69 |
| Other Liabilities | 14 | 11 | 38 | 39 | 20 | 19 | 14 | 55 |
| Total Liabilities | 23 | 26 | 61 | 80 | 125 | 162 | 175 | 101 |
| Fixed Assets | 2 | 3 | 2 | 6 | 7 | 18 | 17 | 15 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 20 | 23 | 59 | 74 | 118 | 144 | 157 | 85 |
| Total Assets | 23 | 26 | 61 | 80 | 125 | 162 | 175 | 101 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 1 | -2 | -7 | -4 | -10 | -37 | -5 | -2 |
| Cash from Investing Activity | -1 | -1 | 1 | -4 | -2 | -12 | -3 | 0 |
| Cash from Financing Activity | 3 | 3 | 4 | 8 | 47 | 15 | 7 | 2 |
| Net Cash Flow | 2 | 1 | -2 | -1 | 35 | -34 | -1 | 0 |
| Free Cash Flow | -1 | -3 | -6 | -9 | -12 | -49 | -6 | -2 |
| CFO/OP | 152 | -29 | -161 | -58 | -60 | -169 | -20 | 2 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 154 | 57 | 308 | 260 | 173 | 226 | 203 | 332 |
| Inventory Days | 29 | 24 | 32 | 19 | 26 | 37 | 39 | 12 |
| Days Payable | 112 | 12 | 312 | 206 | 57 | 51 | 27 | 236 |
| Cash Conversion Cycle | 71 | 69 | 28 | 72 | 141 | 212 | 215 | 107 |
| Working Capital Days | 58 | 78 | 145 | 169 | 190 | 197 | 190 | -19 |
| ROCE % | — | 33 | 28 | 32 | 22 | 18 | 9 | -113 |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport//5329950313.pdf) |
| 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport//5329950312.pdf) |
| 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport//5329950311.pdf) |
| 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport//5329950310.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:58:01.891Z.