Aditya Vision Ltd
Aditya Vision Ltd
RetailKey Fundamentals
MicrocapSpeciality RetailRetailInsights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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54 extracted metrics + investor summaries across FY12–FY26.
Tapetide Score
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Technical Indicators
Key Insights
Strengths
2- Company has delivered good profit growth of 42.2% CAGR over last 5 years
- Company's median sales growth is 28.3% of last 10 years
Weaknesses
3- Stock is trading at 11.4 times its book value
- Company might be capitalizing the interest cost
- Promoter holding has decreased over last 3 years: -20.4%
Growth Rate
AI Analysis — Bull vs Bear
Aditya Vision Ltd is a Bihar-based consumer electronics retailer with a market cap of ₹8,342 Cr, trading at a PE of 69.2x and 11.7x book value. The company has demonstrated strong historical profit growth of 42% CAGR over 5 years and sales growth of 27% CAGR over 10 years, though recent TTM profit growth has decelerated to 9% while ROE has moderated from a 5-year average of 24% to 19% in the last year.
- Exceptional long-term profit compounding at 59% CAGR over 10 years demonstrates strong execution and scalability in a fragmented retail market
- 5-year compounded profit growth of 42% CAGR significantly outpaces revenue growth, indicating improving margins and operating leverage
- Consistent median sales growth of 28.3% over the last 10 years shows durable demand and successful store expansion strategy
- 5-year compounded sales growth of 29% CAGR reflects strong top-line momentum in underpenetrated consumer electronics markets
- Stock price CAGR of 58% over 1 year and 38% over 3 years indicates sustained market confidence in the growth trajectory
- 5-year average ROE of 24% demonstrates efficient capital deployment and strong return generation for shareholders
- 3-year compounded sales growth of 26% remains robust despite broader consumption slowdown, suggesting resilient business model
- PE ratio of 69.2x is significantly elevated relative to retail sector peers, leaving limited margin of safety if growth decelerates
- TTM profit growth has sharply decelerated to 9% from 23% (3-year CAGR) and 42% (5-year CAGR), raising questions about sustainability of premium valuation
- Promoter holding has decreased by 20.4% over the last 3 years, a substantial dilution that may signal reduced promoter confidence or funding needs
- Trading at 11.7x book value implies the market is pricing in aggressive future growth that may not materialize
- ROE has declined from 25% (10-year average) to 19% last year, indicating possible deterioration in capital efficiency as the company scales
- Potential capitalization of interest costs raises concerns about reported profitability being overstated relative to true operating economics
- Dividend yield of just 0.18% offers negligible income protection, making returns entirely dependent on capital appreciation
- Gap between TTM sales growth (18%) and 3-year CAGR (26%) suggests revenue momentum is fading, which at 69x PE could trigger a valuation re-rating
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
- Q1FY27 net profit surges 40% Aug 1
Standalone net profit jumped 40% YoY to ₹772.2 crore from ₹551.6 crore in Q1FY26, with revenue rising 26.8% to ₹1,192.68 crore and EPS improving to ₹5.98 from ₹4.29.
- 27th AGM scheduled Sep 02 Aug 2
Aditya Vision announced its 27th AGM on September 02, 2026 via video conferencing, with remote e-voting facility for shareholders.
- Q1FY27 earnings call published Aug 1
Audio recording of the Q1FY27 earnings call held on July 31, 2026 featuring Chairman Yashovardhan Sinha and WTD Yasham Vardhan has been made available to investors.
- New statutory auditors appointed Aug 1
Board approved appointment of M/s M S K A & Associates LLP as statutory auditors and re-appointed Nishant Prabhakar as Whole-time Director.
TL;DR: Aditya Vision delivered a strong Q1FY27 with 40% profit growth and nearly 27% revenue expansion, signaling robust consumer electronics demand. No headwinds surfaced in the latest filings. Governance actions like auditor appointment and AGM scheduling are routine. The growth trajectory appears healthy heading into the festive season quarters.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 641 | 313 | 413 | 376 | 889 | 376 | 508 | 487 | 940 | 458 | 649 | 625 | 1,193 |
| Expenses | 578 | 290 | 370 | 338 | 804 | 346 | 462 | 444 | 850 | 423 | 596 | 575 | 1,068 |
| Operating Profit | 63 | 23 | 43 | 38 | 85 | 30 | 47 | 42 | 90 | 35 | 53 | 51 | 124 |
| OPM % | 10% | 7% | 11% | 10% | 10% | 8% | 9% | 9% | 10% | 8% | 8% | 8% | 10% |
| Other Income | 1 | 2 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Interest | 9 | 6 | 7 | 16 | 7 | 6 | 9 | 11 | 9 | 10 | 9 | 11 | 11 |
| Depreciation | 6 | 7 | 8 | 7 | 8 | 10 | 9 | 10 | 9 | 10 | 10 | 11 | 12 |
| PBT | 49 | 12 | 29 | 16 | 72 | 16 | 31 | 24 | 73 | 17 | 36 | 31 | 103 |
| Tax % | 24% | 22% | 24% | 51% | 26% | 24% | 22% | 34% | 25% | 24% | 24% | 29% | 25% |
| Net Profit | 37 | 10 | 22 | 8 | 53 | 12 | 24 | 16 | 55 | 13 | 27 | 22 | 77 |
| EPS in Rs | 3.11 | 0.8 | 1.84 | 0.61 | 4.12 | 0.95 | 1.88 | 1.24 | 4.29 | 0.99 | 2.11 | 1.68 | 5.98 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 179 | 240 | 362 | 444 | 564 | 797 | 748 | 899 | 1,322 | 1,743 | 2,260 | 2,672 | 2,924 |
| Expenses | 177 | 237 | 357 | 437 | 547 | 772 | 695 | 816 | 1,189 | 1,573 | 2,052 | 2,442 | 2,661 |
| Operating Profit | 2 | 3 | 5 | 7 | 17 | 25 | 53 | 83 | 133 | 170 | 208 | 229 | 263 |
| OPM % | 1.3% | 1.3% | 1.3% | 1.6% | 3% | 3.2% | 7% | 9% | 10% | 10% | 9% | 9% | 9% |
| Other Income | 0 | 0 | 0 | 1 | 0 | 9 | 4 | 1 | 3 | 4 | 4 | 7 | 9 |
| Interest | 1 | 1 | 2 | 2 | 7 | 14 | 17 | 25 | 30 | 39 | 32 | 39 | 41 |
| Depreciation | 0 | 0 | 1 | 1 | 2 | 2 | 13 | 16 | 20 | 29 | 37 | 40 | 44 |
| PBT | 2 | 2 | 3 | 4 | 9 | 19 | 27 | 43 | 86 | 107 | 143 | 157 | 186 |
| Tax % | 33% | 33% | 33% | 33% | 33% | 25% | 25% | 18% | 25% | 28% | 26% | 25% | — |
| Net Profit | 1 | 1 | 2 | 3 | 6 | 14 | 20 | 35 | 64 | 77 | 106 | 117 | 139 |
| EPS in Rs | 37.67 | 0.11 | 0.12 | 0.2 | 0.41 | 0.99 | 1.7 | 2.93 | 5.33 | 6.01 | 8.2 | 9.05 | 10.76 |
| Div. Payout % | 0% | 0% | 0% | 0% | 12% | 25% | 29% | 20% | 14% | 23% | 13% | 14% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 10 | 14 | 14 | 14 | 14 | 12 | 12 | 12 | 13 | 13 | 13 |
| Reserves | 6 | 0 | 4 | 6 | 12 | 25 | 37 | 67 | 124 | 474 | 571 | 676 |
| Borrowings | 13 | 9 | 35 | 48 | 28 | 34 | 198 | 282 | 418 | 319 | 480 | 573 |
| Other Liabilities | 12 | 15 | 13 | 15 | 62 | 190 | 144 | 61 | 63 | 70 | 159 | 210 |
| Total Liabilities | 34 | 34 | 66 | 84 | 116 | 263 | 391 | 421 | 618 | 875 | 1,223 | 1,471 |
| Fixed Assets | 5 | 5 | 9 | 13 | 15 | 21 | 130 | 150 | 183 | 244 | 268 | 326 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 9 | 6 | 6 |
| Investments | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 27 | 30 | 56 | 70 | 101 | 242 | 261 | 271 | 427 | 622 | 949 | 1,139 |
| Total Assets | 34 | 34 | 66 | 84 | 116 | 263 | 391 | 421 | 618 | 875 | 1,223 | 1,471 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 4 | 4 | 6 | 8 | 4 | 5 | 38 | 32 | 18 | -6 | -41 | 75 |
| Investing | -3 | -1 | -5 | -5 | -3 | -6 | -33 | -23 | -84 | -48 | -45 | -49 |
| Financing | 3 | -3 | 8 | 1 | -3 | 3 | 2 | -8 | 69 | 68 | 94 | -21 |
| Net Cash Flow | 4 | 1 | 9 | 4 | -1 | 2 | 6 | 0 | 2 | 14 | 9 | 4 |
| Free Cash Flow | 1 | 3 | 0 | 2 | 1 | -3 | 1 | 13 | -12 | -40 | -78 | 39 |
| CFO/OP | 191 | 146 | 129 | 120 | 34 | 30 | 79 | 51 | 29 | 16 | -2 | 53 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | 43 | 40 | 46 | 36 | 53 | 94 | 109 | 101 | 96 | 108 | 134 | 136 |
| Days Payable | 13 | 22 | 12 | 11 | 42 | 94 | 74 | 28 | 18 | 15 | 28 | 32 |
| Cash Conversion Cycle | 31 | 18 | 34 | 24 | 11 | 0 | 35 | 74 | 79 | 93 | 105 | 104 |
| Working Capital Days | 28 | 18 | 2 | -2 | 0 | 4 | 5 | 10 | 1 | 59 | 54 | 52 |
| ROCE % | 12% | 14% | 12% | 10% | 26% | 51% | 28% | 23% | 25% | 22% | 19% | 17% |
Documents
Frequently Asked Questions about Aditya Vision Ltd
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Company Information
Aditya Vision Ltd, incorporated in 1999, is engaged in trading of electronic items and is a service oriented electronic retail chain dealing in consumer durables of all kinds.[1]