AVATAR Industries logo

AVATAR Industries financials and balance sheet

NSE: AVATARAuto Components

Formerly ASL Industries
Last close ₹196.25down ₹10.25 (4.96%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹206.50.

52-week range of traded prices to 23 Oct 2026
₹62.95Low, 7 Apr 2026₹258.00High, 21 Aug 2026
Market cap
₹204 Cr
P/E
471.8
P/B
5.8
Dividend yield
Nonein the last 12 months
ROE
1.2%
ROCE
−0.4%
Debt to equity
0.00
Volume, NSE
4,000100.0% delivered

9 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.AVATAR Industries annual reports

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
Peak revenue ₹71 Cr, year to Mar 2018A loss in 2 of the 9 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin

Results for the year to Mar 2026

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Revenue0.0
  2. Employee costs−0.1
  3. Other expenses−0.1
  4. Operating profit−0.1
  5. Depreciation0.0
  6. Other income+0.7
  7. One-off items0.0
  8. Finance costs0.0
  9. Profit before tax0.5
  10. Tax−0.1
  11. Net profit0.4

What the company owns

  • Plant, investments and other assets₹35 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹35 Cr
  • Other liabilities₹0 Cr
  • Owed to suppliers₹0 Cr

Profit and loss

Standalone, ₹ crore, years to March.AVATAR Industries half-yearly results

₹ croreMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Filed 29 MayMar 2026Filed 26 May
Revenue from operations70.867.313.410.58.20.00.00.00.0
67.965.414.312.18.80.40.60.30.1
Materials and goods bought45.245.110.211.58.10.00.00.00.0
Employee costs4.13.70.80.30.50.30.20.10.1
Other expenses18.616.63.30.30.20.10.40.20.1
Operating profit before depreciation2.91.9−0.9−1.6−0.6−0.4−0.6−0.3−0.1
Operating margin4.1%2.8%−6.6%−15.7%−7.2%––––
Materials, % of revenue63.9%67.0%75.8%109.5%98.3%––––
Employee costs, % of revenue5.8%5.6%6.2%3.0%6.5%––––
Other expenses, % of revenue26.3%24.6%24.6%3.2%2.4%––––
Depreciation and amortisation3.43.80.30.20.00.00.00.00.0
Operating profit after depreciation−0.5−2.0−1.2−1.9−0.6−0.4−0.6−0.3−0.1
Other income0.30.20.91.82.52.61.30.40.7
Finance costs3.12.91.50.00.00.00.00.00.0
Profit before one-off items and tax−3.4−4.7−1.90.02.02.20.70.10.5
One-off items0.2−0.14.31.00.00.0−0.2–0.0
Profit before tax−3.2−4.72.41.02.02.20.50.10.5
−1.0−1.30.30.60.40.50.10.00.1
Net profit−2.2−3.42.10.41.51.60.40.10.4
Net margin−3.1%−5.1%16.0%3.8%18.5%––––

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2025Filed 29 MayMar 2026Filed 26 May
35.035.5
Share capital10.410.4
Reserves24.625.1
Borrowings0.00.0
0.10.2
Liabilities due after a year0.00.0
Total assets35.135.6
0.30.6
34.935.0
Net debt0.0−0.3
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2018, Mar 2019, Mar 2020, Mar 2021, Mar 2022, Mar 2023 and Mar 2024, so its lines and the ratios worked from it are blank there.

Cash flow

Standalone, ₹ crore, years to March.

₹ croreMar 2025Filed 29 MayMar 2026Filed 26 May
−0.150.69
−0.080.79
−0.160.25
Receivables0.020.00
Payables0.000.01
Other working capital−0.180.25
Tax paid−0.07−0.11
Capital spending0.000.00
Free cash flow−0.150.69
0.19−0.35
Cash from financing0.000.00
Dividends paid0.000.00
Shares bought back–0.00
Shares issued0.000.00
Net change in cash0.040.34
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2018, Mar 2019, Mar 2020, Mar 2021, Mar 2022, Mar 2023 and Mar 2024.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2022Mar 2023Mar 2024Mar 2025Filed 29 MayMar 2026Filed 26 May
Earnings per share–––₹0.08₹0.42
Diluted earnings per share–––₹0.08₹0.42
Book value per share–––₹33.64₹34.05
Shareholder yield–––0.0%0.0%
Market cap at the year end (₹ crore)39.627.150.540.580.4

Ratios

Standalone, years to March.AVATAR Industries PE ratio and valuation

RatioMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Filed 29 MayMar 2026Filed 26 May
Revenue growth−4.9%−80.0%−22.1%−21.6%−100.0%–––
Operating profit growth−35.1%–––––––
Net profit growth––−81.7%285.4%7.6%−78.0%−76.1%405.6%
Earnings per share growth–––––––425.0%
Return on capital employed––––––−0.8%−0.4%
Cash conversion––––––−172.5%158.6%
Debt to equity––––––0.000.00
Asset turnover––––––0.000.00
Assets per rupee of net worth––––––1.001.00
Interest cover is left blank for the years to Mar 2018, Mar 2019, Mar 2020 and Mar 2026: operating profit after depreciation is a loss, and a loss covers no interest bill. No balance sheet is on record for the years to Mar 2018, Mar 2019, Mar 2020, Mar 2021, Mar 2022, Mar 2023 and Mar 2024, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2026.

Return on assets, latest year
1.2%
Measure5 years3 years
Profit growth, yearly rate2.0%−35.7%
Return on capital employed, average–−0.6%
Asset turnover, average–0.00
Debt to equity, average–0.00

Where the cash came from and went

Standalone: the listed company alone, without its subsidiaries. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ croreLatest year
Cash from operations0.69
Cash from investing−0.35
Cash from financing0.00
Capital spending0.00
Dividends paid0.00
Shares bought back0.00
Shares issued for cash0.00
Borrowings raised0.00
Borrowings repaid0.00

Accounting checks

Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets––––––0.27
Effective tax ratePublished threshold 17.16 per cent11.9660.0622.4125.1725.189.02–
Tax charged less tax paid, % of profitOur threshold 10 percentage points–––––−70.06–
A threshold marked as ours has no published figure; it is the line we read the check against.