---
title: "Avro India Ltd (AVROIND) — Share Price, Financials & Analysis"
symbol: "AVROIND"
company: "Avro India Ltd"
canonical: "https://tapetide.com/stocks/AVROIND"
isin: "INE652Z01025"
nse_symbol: "AVROIND"
bse_code: "543512"
sector: "Consumer Goods"
industry: "Plastic Products"
market_cap_cr: 110.69
generated_at: "2026-09-13T18:57:15.397Z"
---

# Avro India Ltd (AVROIND)

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

## Company

- **NSE Symbol:** AVROIND
- **BSE Code:** 543512
- **ISIN:** INE652Z01025
- **Sector:** Consumer Goods
- **Industry:** Plastic Products
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2022-04-07
- **CEO:** Mr. Sahil Aggarwal
- **Employees:** 58
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** avrofurniture.com

## About

Incorporated in 1996, Avro India Ltd is 
engaged in the manufacturing of plastic 
furniture and recycling of plastic scrap.[1]

## Latest Price

- **Price:** ₹7.81
- **Change:** -0.53 (-6.35%)
- **Open:** ₹8.4
- **Day High:** ₹8.43
- **Day Low:** ₹7.72
- **Previous Close:** ₹8.34
- **Volume:** 891730
- **As Of:** 2026-09-11T10:28:06+00:00

## Key Fundamentals

Observed at 2026-09-11T04:34:47.947586Z.

- **Market Cap:** ₹110.69 Cr
- **Classification:** Microcap
- **P/E (reported):** 26.1
- **P/E (TTM):** 27.89
- **EPS (TTM):** ₹0.28
- **Book Value:** ₹6.77
- **Price to Book:** 1.23
- **Dividend Yield:** 0%
- **ROE:** 3.58%
- **ROCE:** 6.17%
- **Debt to Equity:** 0.2
- **Revenue (yearly):** ₹90.99 Cr
- **Net Income:** ₹3.98 Cr
- **EBITDA:** ₹3.19 Cr
- **52-Week High:** ₹15.99
- **52-Week Low:** ₹8
- **RSI (14):** 40.49

## Tapetide Score

- **Score:** 49 / 100
- **Score date:** 2026-09-04
- **Archetype:** Losing Momentum
- **What it means:** A capable business whose price trend has turned while the multiple is still demanding. Often a re-rating in progress rather than a broken company — watch whether earnings stay resilient.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Falling
- **Percentile:** 43.6 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 66.82 | 9% |
| growth | 57.92 | 9% |
| momentum | 16.32 | 12% |
| ownership | 49.76 | 24% |
| quality | 69.42 | 22% |
| valuation | 32.61 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 1.17 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -0.43%
- The company has delivered a poor sales growth of 11.4% over past five years.
- Company has a low return on equity of 6.56% over last 3 years.
- Earnings include an other income of Rs.8.49 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -137.95% | -181.56% | — |
| ebitda margin growth | -33.33% | -72.56% | -68.09% | -62.76% |
| net income growth | -30% | 32.67% | 1% | 20% |
| revenue growth | -8.05% | 9.76% | 5% | 11% |
| roce | — | -70.49% | -74.45% | 17.12% |
| roe | — | -74.41% | 11.43% | -63.77% |

## Financial Statements

### Quarterly Results

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

| Item | 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 | 18.97 | 29.18 | 22.52 | 16.72 | 18.05 | 24.06 | 19.49 | 21.67 | 21 | 24.29 | 24.03 | 23.5 |
| Expenses | 17.42 | 27.36 | 21.74 | 15.52 | 16.42 | 22.55 | 18.74 | 20.39 | 20.01 | 23.63 | 23.78 | 23.24 |
| Operating Profit | 1.55 | 1.82 | 0.78 | 1.2 | 1.63 | 1.51 | 0.75 | 1.28 | 0.99 | 0.66 | 0.25 | 0.26 |
| OPM % | 8.17 | 6.24 | 3.46 | 7.18 | 9.03 | 6.28 | 3.85 | 5.91 | 4.71 | 2.72 | 1.04 | 1.11 |
| Other Income | 0.81 | 0.85 | 1.71 | 0.58 | 0.88 | 1.4 | 1.58 | 1.59 | 1.85 | 2.4 | 2.47 | 1.77 |
| Interest | 0.35 | 0.37 | 0.37 | 0.36 | 0.37 | 0.41 | 0.46 | 0.41 | 0.33 | 0.49 | 0.38 | 0.35 |
| Depreciation | 0.64 | 0.75 | 0.87 | 0.73 | 0.91 | 1.09 | 1.2 | 1.03 | 1.05 | 1.17 | 1.18 | 0.92 |
| Profit before tax | 1.37 | 1.55 | 1.25 | 0.69 | 1.23 | 1.41 | 0.67 | 1.43 | 1.46 | 1.4 | 1.16 | 0.76 |
| Tax % | 25.55 | 27.1 | 29.6 | 4.35 | 32.52 | 26.95 | 23.88 | 26.57 | 16.44 | 24.29 | 25.86 | 9.21 |
| Net Profit | 1.02 | 1.12 | 0.88 | 0.66 | 0.83 | 1.04 | 0.52 | 1.05 | 1.22 | 1.07 | 0.86 | 0.69 |
| EPS in Rs | 0.1 | 0.11 | 0.09 | 0.07 | 0.08 | 0.1 | 0.04 | 0.08 | 0.09 | 0.08 | 0.06 | 0.05 |

### Profit & Loss

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

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 26.73 | 48.69 | 43.94 | 52.95 | 64.44 | 79.71 | 92.92 | 77.78 | 90.99 | 92.82 |
| Expenses | 24.14 | 45.81 | 41.19 | 49.15 | 59.27 | 73.43 | 87.09 | 72.66 | 87.81 | 90.66 |
| Operating Profit | 2.59 | 2.88 | 2.75 | 3.8 | 5.17 | 6.28 | 5.83 | 5.12 | 3.18 | 2.16 |
| OPM % | 9.69 | 5.91 | 6.26 | 7.18 | 8.02 | 7.88 | 6.27 | 6.58 | 3.49 | 2.33 |
| Other Income | 0.08 | -0.01 | 0.41 | 0.3 | 0.46 | 2.33 | 4 | 4.43 | 8.31 | 8.49 |
| Interest | 0.3 | 0.22 | 0.3 | 0.26 | 0.42 | 0.96 | 1.41 | 1.61 | 1.61 | 1.55 |
| Depreciation | 1.19 | 1.29 | 1.45 | 1.44 | 1.28 | 1.82 | 2.78 | 3.92 | 4.43 | 4.32 |
| Profit before tax | 1.18 | 1.36 | 1.41 | 2.4 | 3.93 | 5.83 | 5.64 | 4.02 | 5.45 | 4.78 |
| Tax % | 27.97 | 37.5 | 18.44 | 27.5 | 24.17 | 28.64 | 28.37 | 24.38 | 22.94 | — |
| Net Profit | 0.85 | 0.85 | 1.14 | 1.75 | 2.98 | 4.15 | 4.04 | 3.04 | 4.21 | 3.84 |
| EPS in Rs | 0.12 | 0.08 | 0.11 | 0.17 | 0.3 | 0.41 | 0.4 | 0.23 | 0.32 | 0.28 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 1.58 | 2.37 | 3.25 | 3.25 | 3.25 | 10.09 | 10.09 | 10.09 | 13.31 | 13.31 |
| Reserves | 1.11 | 4.41 | 8.89 | 10.02 | 14.44 | 10.6 | 14.75 | 18.78 | 71.72 | 75.8 |
| Borrowings | 3.92 | 3.33 | 3.42 | 2.6 | 4.15 | 7.68 | 11.58 | 15.62 | 19.9 | 17.66 |
| Other Liabilities | 3.54 | 5.6 | 4.5 | 3.79 | 3.05 | 8.94 | 4.57 | 9.96 | 12.49 | 16.01 |
| Total Liabilities | 10.15 | 15.71 | 20.06 | 19.66 | 24.89 | 37.31 | 40.99 | 54.45 | 117.42 | 122.78 |
| Fixed Assets | 3.92 | 7.61 | 8.35 | 8.15 | 10.45 | 12.15 | 14.62 | 20.32 | 24.54 | 63.23 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0.44 | 0.77 | 3.08 | 5.9 |
| Investments | 0 | 0 | 0.14 | 0.37 | 0.78 | 0.36 | 1.05 | 0.97 | 1.55 | 0.31 |
| Other Assets | 6.23 | 8.1 | 11.57 | 11.14 | 13.66 | 24.8 | 24.88 | 32.39 | 88.25 | 53.34 |
| Total Assets | 10.15 | 15.71 | 20.06 | 19.66 | 24.89 | 37.31 | 40.99 | 54.45 | 117.42 | 122.78 |

### Cash Flow

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 1.94 | 2.51 | -2.05 | 2.24 | 0.07 | -0.58 | 2.82 | 6.06 | -2.3 | 4.08 |
| Cash from Investing Activity | -1.32 | -1.62 | -2.02 | -1.42 | -1.17 | -2.48 | -5.73 | -8.91 | -23.73 | -30.39 |
| Cash from Financing Activity | -0.35 | -0.89 | 4.27 | -1.13 | 1.29 | 3.12 | 3.01 | 2.67 | 55.97 | -3.73 |
| Net Cash Flow | 0.27 | 0.01 | 0.2 | -0.31 | 0.19 | 0.06 | 0.1 | -0.18 | 29.94 | -30.03 |
| Free Cash Flow | 0.62 | 0.88 | -3.99 | 1.04 | -0.71 | -3.54 | -2.23 | -2.99 | -13.45 | -1.09 |
| CFO/OP | 137 | 110 | -57 | 96 | 20 | -1 | 75 | 131 | -26 | 183 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 85.23 | 71.28 | 61.25 | 67.45 | 74.38 | 105.58 | 76.2 | 81.04 | 110.33 | 112.44 |
| Inventory Days | 56.8 | 29.11 | 12.01 | 14.45 | 14.5 | 41.45 | 40.24 | 37.58 | 110.82 | 107.57 |
| Days Payable | 102.61 | 82.48 | 30.24 | 27.8 | 20.08 | 64.92 | 23.1 | 38.68 | 65.47 | 66.85 |
| Cash Conversion Cycle | 39.42 | 17.91 | 43.01 | 54.1 | 68.8 | 82.11 | 93.34 | 79.94 | 155.67 | 153.16 |
| Working Capital Days | 9 | 3.55 | 32.38 | 44.28 | 43.91 | 49.28 | 49.68 | 40.66 | 84.28 | 104.82 |
| ROCE % | 8.24 | 17.46 | 14.65 | 10.56 | 13.79 | 17.01 | 20.53 | 17.08 | 7.58 | 6.67 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 70.37% | 70.37% | 70.37% | 70.37% | 70.37% | 67.04% | 54.07% | 54.07% | 54.07% | 54.07% | 54.07% | 53.64% |
| FIIs | 0% | 0% | 0.02% | 0% | 0.03% | 0% | 6.11% | 6.15% | 6.29% | 6.46% | 6.9% | 6.84% |
| DIIs | 0% | 0% | 0% | 0.05% | 0% | 0% | 0.2% | 0.2% | 0.2% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 27.25% | 27.45% | 27.15% | 27.15% | 25.95% | 29.19% | 35.01% | 35.44% | 33.93% | 33.86% | 33.97% | 34.42% |
| Others | 2.38% | 2.18% | 2.46% | 2.43% | 3.64% | 3.77% | 4.61% | 4.13% | 5.5% | 5.62% | 5.06% | 5.1% |
| No. of Shareholders | 7079 | 8356 | 8843 | 9576 | 8171 | 7076 | 6770 | 6539 | 6354 | 6278 | 6481 | 9309 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 8.63 | Sell |
| EMA (10) | 8.54 | Sell |
| SMA (20) | 8.86 | Sell |
| EMA (20) | 8.72 | Sell |
| SMA (50) | 9.01 | Sell |
| EMA (50) | 9.14 | Sell |
| SMA (100) | 10.04 | Sell |
| EMA (100) | 9.9 | Sell |
| SMA (200) | 11.3 | Sell |
| EMA (200) | 11.2 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 34.2 | Neutral |
| MACD (12,26,9) | -0.21 | Sell |
| Stochastic (14,3,3) | 17.25 | Buy |
| ADX (14) | 19.85 | Neutral |
| Williams %R (14) | -95.67 | Buy |
| ATR (14) | 0.71 | High Volatility |
| ROC (12) | -14.83 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 44.39 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=56aa4fb7-399e-4c74-a38e-7bd8c6fb46dd.pdf) |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5d92967d-9e1f-4944-bc08-67d1393c4c46.pdf) |
| 2026-09-08 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fad4aeb7-ed76-47e0-8a34-56b248dd4b15.pdf) |
| 2026-09-08 | [Annual General Meeting On September 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8d6711bc-6197-428e-b9e8-a76f2b8cd73f.pdf) |
| 2026-09-08 | [Cutt Off Date For Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c2d4601a-0980-4da6-8804-e29ad69f0ab9.pdf) |
| 2026-09-08 | [Letter To Shareholders For Annual Report 2025-26 Web Link](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=929ade35-16b0-4456-b241-582d07ebcfb3.pdf) |
| 2026-09-04 | [Disclosure Under Reg. 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=60459dc4-2108-40bf-b755-3f9f88e4f949.pdf) |
| 2026-08-21 | [Disaclosure Under Reg. 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ab1ae85f-4e1e-4ec5-be50-dd09ef194b92.pdf) |
| 2026-08-17 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1ed2962d-22fa-4b1c-841e-89fb7c88438c.pdf) |
| 2026-08-14 | [Board Meeting Outcome for Outcome Of Board Meeting Held On August 14 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f10ef308-a913-4505-b88b-91d5610291c7.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Financial Results For Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f0349239-aba0-4e15-8a9f-22073cb2406a.pdf) |
| 2026-05-30 | [Financial Results For The Quarter And Financial Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=596a5e45-ee98-4eba-96cb-dd8d7fb63c92.pdf) |
| 2026-02-14 | [Financial Results For The Quarter And Nine Months Ended December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dd962489-2399-43a5-a66f-1272407d682f.pdf) |
| 2025-11-14 | [Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=07260315-ccd4-49c0-8ad3-1e1910ccfeea.pdf) |
| 2025-08-12 | [Financial Results For June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e047c976-50f8-43d2-b8d2-dff378d799f8.pdf) |
| 2025-05-27 | [Financial Results For Quarter And Financial Year Ended March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c5724098-5338-42d9-b6e4-de1a2d0b0fa2.pdf) |
| 2025-02-14 | [Financial Results For Quarter Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=41afaada-13b0-46f4-924b-1c299abb1b22.pdf) |
| 2024-11-13 | [Financial Results For The Quarter Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=66d60746-91b8-4ca8-9676-8c34fd9794ca.pdf) |
| 2024-08-14 | [Financial Results For The Quarter Ended June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=340b1a94-7ff9-40eb-892a-11b832bba450.pdf) |
| 2024-05-27 | [Financial Results For Quarter And Financial Year Ended March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b41fe5d3-f28c-42a9-ac86-af45483c76a6.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - March 5, 2026: Geopolitical update — polymer prices +20%, operations normal; 9MFY26 revenue Rs4,433 Cr. | [Update On Effect Of Company'S Current Manufacturing Operations In India And Overseas Due To Ongoing War 9h - March 5, 2026: Geopolitical update — polymer prices +20%, operations normal; 9MFY26 revenue Rs4,433 Cr.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/390230b0-45f6-4b2c-b4c0-cc9976746c0b.pdf) |
| 9 Mar - Reg. 47(3) of SEBI (LODR) Regulations, 2015 (Listing Regulations), the Company has published the information regarding the completion of dispatch of notice of Extraordinary General … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Mar - Reg. 47(3) of SEBI (LODR) Regulations, 2015 (Listing Regulations), the Company has published the information regarding the completion of dispatch of notice of Extraordinary General …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/98782a24-948d-4ee1-b9c7-13e6ea5b2d62.pdf) |
| 8 Mar - Per Reg. 47(3) of SEBI (LODR) Regulations, 2015 (Listing Regulations), the Company has published the intimation prior to dispatch of notice of ensuing Extraordinary General … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 8 Mar - Per Reg. 47(3) of SEBI (LODR) Regulations, 2015 (Listing Regulations), the Company has published the intimation prior to dispatch of notice of ensuing Extraordinary General …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e45b80fd-b962-4367-9a7b-6cb6728811df.pdf) |
| 6 Mar - EGM on March 30, 2026 at 1:00pm via VC; remote e-voting March 27-29; cut-off March 23. | [Intimation Of Extraordinary General Meeting Of Avro India Limited 6 Mar - EGM on March 30, 2026 at 1:00pm via VC; remote e-voting March 27-29; cut-off March 23.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/cf17058e-2523-4c75-bed5-f4c8cd1d127a.pdf) |
| 6 Apr - Avro India filed Regulation 74(5) compliance certificate for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr - Avro India filed Regulation 74(5) compliance certificate for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a4405c03-0c16-43a8-9cb3-013a3a6d7ffe.pdf) |
| 31 Mar - AVRO INDIA: trading window closed Apr 1, 2026 until 48 hours after audited results for FY ended Mar 31, 2026. | [Closure of Trading Window 31 Mar - AVRO INDIA: trading window closed Apr 1, 2026 until 48 hours after audited results for FY ended Mar 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bf43d0a3-12a7-450c-8d6e-80fd68759e58.pdf) |
| 28 Mar - In terms of Reg. 47(3) of SEBI (LODR) Regulations, 2015, the Company has published the information regarding the completionof dispatch of Notice of Extraordinary General … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 28 Mar - In terms of Reg. 47(3) of SEBI (LODR) Regulations, 2015, the Company has published the information regarding the completionof dispatch of Notice of Extraordinary General …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5e836074-843e-4461-94e9-4beb48c7f513.pdf) |
| 27 Mar - In terms of Reg. 47(3) of SEBI (LODR) Regulations, 2015, the Company has published the Corrigendum to Notice of Extraordinary General Meeting of the Company … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 27 Mar - In terms of Reg. 47(3) of SEBI (LODR) Regulations, 2015, the Company has published the Corrigendum to Notice of Extraordinary General Meeting of the Company …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/77ee1ae9-24b9-4078-bf8c-456da953d522.pdf) |
| 20 Apr - EGM approved stock split from ₹10 to ₹1 and related charter changes on April 18, 2026. | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 20 Apr - EGM approved stock split from ₹10 to ₹1 and related charter changes on April 18, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8b3125b4-4d60-4479-8ef1-c118e14be294.pdf) |
| 18 Apr - Board allotted 1,06,090 shares on warrant conversion; 4,24,361 warrants lapsed and were forfeited. | [Board Meeting Outcome for Outcome Of Board Meeting For Allotment Of Equity Shares Pursuant To Conversion Of Warrants 18 Apr - Board allotted 1,06,090 shares on warrant conversion; 4,24,361 warrants lapsed and were forfeited.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bdc83ce9-4d7a-4637-8102-2532e501b829.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| May 2022 | [Concall - May 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=708f6411-b63a-4a01-be3d-dbc40f2d8023.pdf) |
| May 2022 | [Concall - May 2022](https://archives.nseindia.com/corporate/AVROIND_02052022155758_Investorpresentation02052022.pdf) |
| May 2022 | [Concall - May 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7f9afd94-e18e-40db-b58a-190fbe01b03c.pdf) |
| May 2022 | [Concall - May 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/708f6411-b63a-4a01-be3d-dbc40f2d8023.pdf) |
| Mar 2025 | [Concall - Mar 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/923e5d54-98c9-4d25-897e-4a48fe963f63.pdf) |
| Jun 2023 | [Concall - Jun 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4bd72c84-566e-4a4a-a3af-1b0acb03daea.pdf) |
| Feb 2026 | [Concall - Feb 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/67646b0e-920c-4d7e-b9ac-650b58c6f44e.pdf) |
| Feb 2023 | [Concall - Feb 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/35ed5bb0-d235-4e0b-ba62-5b68e3b9c712.pdf) |
| Feb 2021 | [Concall - Feb 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a328dde0-81b1-4449-8d3a-17b7c971d06c.pdf) |
| Feb 2020 | [Concall - Feb 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/19aa40b1-e3e5-4267-93fc-e8c7866900da.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2025-03-05 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=923e5d54-98c9-4d25-897e-4a48fe963f63.pdf) |
| 2024-12-04 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f3daab9f-253e-4a21-8869-8b375ce0159c.pdf) |
| 2023-08-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2a4b6458-bdef-4e6f-abb2-c1a19c6b45c5.pdf) |
| 2023-06-01 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=20cc1d59-6121-4998-b1b9-61f33938e35e.pdf) |
| 2023-02-16 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8d82022b-3f73-4837-847d-6a99908f8b61.pdf) |
| 2022-12-02 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=63c2d1d9-0095-446a-8141-e1952c1cc393.pdf) |
| 2022-08-10 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8eb35c30-6e51-4add-9067-fa9ddf7da100.pdf) |
| 2022-05-18 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d77ce7aa-74bc-4f46-a301-99042b21301e.pdf) |
| 2022-05-02 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7f9afd94-e18e-40db-b58a-190fbe01b03c.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/AR_21406_AVROIND_2021_2022_05092022191524_09052022200008.zip) |
| from nse | [Annual Report 2021 from nse](https://archives.nseindia.com/annual_reports/SME_AR_18892_AVROIND_2020_2021_25082021155356_25082021160003.zip) |
| from nse | [Annual Report 2020 from nse](https://archives.nseindia.com/annual_reports/SME_AR_16825_AVROIND_2019_2020_21082020175834_21082020200002.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dab64e78-252b-4cbb-8c26-de52abd6706f.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d7fcbbd3-1314-48a8-8517-d9866e831a58.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/15323687-07f2-4821-b187-67247c176d85.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4b9f1cb5-99c7-44dd-b608-de06f021b79b.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/09fba843-e76d-47ce-86a5-fa8d5bfd55da.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/86158f8d-9443-452f-9fd3-dd7d4152f1e5.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/543512/76549543512.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2023-08-17 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2130bcc8-3eea-446e-b317-8d344d965ed9.pdf) |
| 2023-05-29 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4bd72c84-566e-4a4a-a3af-1b0acb03daea.pdf) |
| 2023-02-15 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=35ed5bb0-d235-4e0b-ba62-5b68e3b9c712.pdf) |
| 2022-11-19 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f8173925-a91a-4918-83cb-e65db9de0de6.pdf) |
| 2022-08-16 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=21f723ab-5a3b-4032-a8f7-2144d65b2e35.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2023-08-14 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cdd82e59-deef-43f6-a67f-a630ea1aa83c.pdf) |
| 2023-05-26 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1619d74c-70cf-4065-adb9-22a5a9157e3c.pdf) |
| 2023-02-14 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=731a74d5-fd12-4b8a-ac93-a66a77900c23.pdf) |
| 2022-11-18 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=afe311d6-7a43-46b3-a1da-90a3feaf8d4d.pdf) |
| 2022-05-13 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fe5ef602-1059-47c1-bb39-51f451dcd38b.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 2026-09-13T18:57:15.397Z.