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AVI Products India

523896 BSE
₹55.02

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P/E
Not meaningful: loss-making over the last twelve months
View as Markdown
MCP
Close 2 Nov 2026 ₹55.02 +23.82 +76.3% 1Y
Start ₹31.20

Key Fundamentals

MicrocapCommercial ServicesServices

Price-based figures at the close · EPS basis: Standalone · TTM

ROCE
−20.60%
Debt to Equity
0.00
EPS (TTM)
−₹5.25
Book Value
₹15.58
Market Cap
—
P/E (TTM)
Not meaningful: loss-making over the last twelve months
P/B
3.53
ROE
−23.30%
Dividend Yield
0.00%
EBITDA
−₹1.80 Cr
52W High
₹341.90
52W Low
₹23.64

Peer Comparison

Services › Commercial Services › Trading & Distributors

AVI Products peer comparison
₹366.7516.85₹26,244 Cr2.821.79%16.90%18.40%₹1,28,133 Cr₹1,504 Cr
₹53.5017.95₹7,929 Cr3.780.00%−14.30%8.67%₹3 Cr₹447 Cr
₹583.9017.54₹4,034 Cr4.552.78%26.60%30.30%₹386 Cr₹234 Cr
₹1,386.6028.27₹1,806 Cr5.190.04%18.80%18.80%₹2,787 Cr₹74 Cr
₹12.62—₹1,031 Cr12.620.00%22.10%22.10%₹40 Cr₹0 Cr
₹584.75—₹802 Cr59.310.00%−13.70%−11.10%₹12 Cr−₹2 Cr
AVI Products (this company)
₹55.02—₹18 Cr3.530.00%−23.30%−20.60%₹1 Cr−₹2 Cr
Median 7 companies₹366.7517.74₹1,806 Cr4.550.00%16.90%18.40%₹40 Cr₹74 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company. 1 company is not shown because they are not listed on an exchange we cover.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

44 Weak

Data confidence 86/100

Category scores

Quality
35
Poor
Returns, margins, earnings quality 25% weight
Valuation
24
Poor
Cheap vs sector & own history 20% weight
Growth
8
Poor
Sales & profit trajectory 15% weight
Financial Health
73
Strong
Solvency, leverage, coverage 15% weight
Momentum
89
Strong
Trend strength, vol-adjusted 15% weight
Ownership
50
Average
FII/DII/promoter flows 10% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

3
  • Company has reduced debt.
  • Company is almost debt free.
  • Promoter holding has increased by 39.2% over last quarter.

Weaknesses

6
  • Stock is trading at 3.53 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -13.2% over past five years.
  • Company has a low return on equity of -5.84% over last 3 years.
  • Company's cost of borrowing seems high
  • Working capital days have increased from 637 days to 1,554 days

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bullish5311
OscillatorsBearish432
Moving AveragesStrong Bullish109

Key readings

RSI (14)
56.64
Neutral
MACD (12,26,9)
2.09
Bullish
SMA (50)
43.53
Bullish
SMA (200)
42.37
Bullish

As of

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10Y−4.11%
5Y−13.24%
3Y−31.31%
1Y−75.11%
TTM−85.82%

Net profit

Net profit growth by window
10YTurned to loss
5YTurned to loss
3YTurned to loss
1YTurned to loss
TTMLoss widened by ₹1.34 Cr

Operating cash flow

Operating cash flow growth by window
10YTurned negative
5YOutflow widened by ₹2.96 Cr
3YOutflow widened by ₹2.49 Cr
1YOutflow widened by ₹2.34 Cr
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10Y−146.72 pp
5Y−127.34 pp
3Y−134.81 pp
1Y−127.35 pp
TTM−306.02 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹2.07 Cr
Mar 2018₹3.60 Cr
Mar 2019₹3.43 Cr
Mar 2020₹4.10 Cr
Mar 2021₹2.38 Cr
Mar 2022₹3.34 Cr
Mar 2023₹3.61 Cr
Mar 2024₹4.85 Cr
Mar 2025₹4.70 Cr
Mar 2026₹1.17 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017−₹0.40 Cr
Mar 2018₹0.11 Cr
Mar 2019₹0.10 Cr
Mar 2020₹0.12 Cr
Mar 2021₹0.06 Cr
Mar 2022₹0.12 Cr
Mar 2023₹0.21 Cr
Mar 2024₹0.26 Cr
Mar 2025₹0.05 Cr
Mar 2026−₹1.94 Cr

Quarterly Results

₹ Cr
523896 quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
1.11
1.25
1.42
1.07
1.06
0.89
1.13
1.63
0.58
0.19
0.33
0.08
0
Expenses
1.1
1.05
1.36
1.06
1.01
0.83
1.2
1.62
0.96
0.72
0.79
0.7
0.28
Operating Profit
0.01
0.2
0.06
0.01
0.05
0.06
−0.07
0.01
−0.38
−0.53
−0.46
−0.62
−0.28
OPM %
0.9%
16%
4.23%
0.93%
4.72%
6.74%
−6.19%
0.61%
−65.52%
−278.95%
−139.39%
−775%
—
Other Income
0.03
0.01
0.02
0.15
0.05
0.01
0.11
0.08
0.04
0.02
0.06
0.09
0.08
Interest
0.01
0.01
0
0
0.01
0.01
0.02
0.02
0.02
0.02
0.02
0
0
Depreciation
0.02
0.02
0.06
0.05
0.04
0.04
0.05
0.04
0.04
0.02
0.02
0.02
0
PBT
0.01
0.18
0.02
0.11
0.05
0.02
−0.03
0.03
−0.4
−0.55
−0.44
−0.55
−0.2
Tax %
0%
27.78%
0%
18.18%
20%
0%
0%
33.33%
0%
0%
0%
3.64%
−10%
Net Profit
0.01
0.14
0.01
0.1
0.04
0.01
−0.03
0.02
−0.4
−0.55
−0.44
−0.57
−0.18
EPS (₹)
0.04
0.42
0.03
0.3
0.12
0.03
−0.09
0.06
−1.21
−1.66
−1.33
−1.72
−0.54

Profit & Loss

₹ Cr
523896 profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
1.79
1.78
2.07
3.6
3.43
4.1
2.38
3.34
3.61
4.85
4.7
1.17
0.6
Expenses
1.28
1.42
2.54
3.41
3.18
3.92
2.36
3.12
3.31
4.59
4.66
2.65
2.49
Operating Profit
0.51
0.36
−0.47
0.19
0.25
0.18
0.02
0.22
0.3
0.26
0.04
−1.48
−1.89
OPM %
28.49%
20.22%
−22.71%
5.28%
7.29%
4.39%
0.84%
6.59%
8.31%
5.36%
0.85%
−126.5%
−315%
Other Income
0.04
0.09
0.13
0
−0.04
0.06
0.15
0.03
0.08
0.21
0.24
−0.3
0.25
Interest
0
0.02
0.01
0.01
0.03
0.03
0.05
0.05
0.04
0.01
0.05
0.05
0.04
Depreciation
0.01
0.03
0.05
0.06
0.05
0.06
0.05
0.04
0.06
0.14
0.15
0.09
0.06
PBT
0.54
0.4
−0.4
0.12
0.13
0.15
0.07
0.16
0.28
0.32
0.08
−1.92
−1.74
Tax %
31.48%
32.5%
0%
8.33%
15.38%
13.33%
14.29%
25%
25%
21.88%
25%
1.04%
—
Net Profit
0.38
0.27
−0.4
0.11
0.1
0.12
0.06
0.12
0.21
0.26
0.05
−1.94
−1.74
EPS (₹)
1.09
2.59
−3.83
1.05
0.96
1.15
0.57
0.46
0.81
0.79
0.15
−5.87
−5.25
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
—

Balance Sheet

₹ Cr
523896 balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
1.04
1.04
1.04
1.04
1.04
1.04
1.04
2.58
2.58
3.31
3.31
3.31
Reserves
0.28
0.55
0.15
0.26
0.36
0.48
0.54
1.76
1.96
3.74
3.79
1.85
Borrowings
0
0
0
0
0.33
0.2
0.52
0.02
0.01
0.26
0.82
0.01
Other Liabilities
0.69
0.27
0.34
0.66
0.7
0.65
0.57
0.43
0.17
0.8
0.08
0.06
Total Liabilities
2.01
1.86
1.53
1.96
2.43
2.37
2.67
4.79
4.72
8.11
8
5.23
Fixed Assets
0.08
0.17
0.42
0.37
0.33
0.31
0.37
0.45
0.58
1.44
1.36
0.15
CWIP
0
0
0
0
0
0
0
0
0
0
0
0
Investments
0
0
0
0
0
0
0
0
0
0
0
0
Other Assets
1.93
1.69
1.11
1.59
2.1
2.06
2.3
4.34
4.14
6.67
6.64
5.08
Total Assets
2.01
1.86
1.53
1.96
2.43
2.37
2.67
4.79
4.72
8.11
8
5.23

Cash Flow

₹ Cr
523896 cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
0.07
0.32
−0.04
0.05
−0.28
0.31
−0.15
0.1
−0.62
0.31
−0.77
−3.11
Investing
0
−0.25
−0.31
0
−0.05
−0.11
−0.13
−0.09
−1.51
−0.9
0.14
0.82
Financing
−0.08
0
0
0
0.31
−0.15
0.26
2.09
−0.06
2.48
0.5
−0.86
Net Cash Flow
−0.02
0.06
−0.34
0.04
−0.02
0.05
−0.01
2.1
−2.18
1.9
−0.14
−3.16
Free Cash Flow
0.07
0.2
−0.35
0.05
−0.34
0.26
−0.28
−0.02
−0.82
−0.69
−0.87
−2.5
CFO/OP
65
89
9
26
−112
172
−700
27
−173
146
−1,925
209

Ratios

523896 financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
14.27
26.66
44.08
26.36
69.17
38.28
69.01
44.81
42.47
60.21
76.88
62.39
Inventory Days
122
101
140
128
202
145
351
276
283
252
241
284
Days Payable
97.33
57.63
58.01
66.92
66.86
37.8
40.81
26.58
13.39
71.61
5.89
9.24
Cash Conversion Cycle
38.61
69.88
126
87.19
205
145
380
295
312
240
312
337
Working Capital Days
173
156
96.98
53.74
122
74.78
156
177
251
166
192
1,554
ROCE %
47.79%
28.87%
−28.06%
10.44%
13.86%
10.43%
7.33%
6.5%
7.18%
5.56%
1.97%
−20.63%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view AVI Products insights

56 extracted metrics across FY10–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 62.83%
  • Public 34.17%
  • Others 3.00%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Documents

  • Q4 FY23 concall · Jun 2023
    PPT Recording
  • Q3 FY23 concall · Feb 2023
    PPT
  • Q2 FY23 concall · Nov 2022
    PPT
  • Q2 FY23 concall · Nov 2022
    PPT

Frequently Asked Questions about AVI Products India

What does AVI Products India Ltd do?
Incorporated in 1989, AVI Products India Ltd is in the business of trading of Dental Products and Equipment
Where is AVI Products India Ltd (APIL) listed?
AVI Products India Ltd trades under code 523896 on the BSE.
Which sector does AVI Products India Ltd belong to?
AVI Products India Ltd is classified under the Commercial Services sector, in the Trading & Distributors industry.
What is the 52-week high and low of AVI Products India Ltd?
Over the last 52 weeks AVI Products India Ltd has traded between ₹23.64 and ₹341.9 as of 2 Nov 2026.
What is the Return on Equity (ROE) of AVI Products India Ltd?
AVI Products India Ltd reported a return on equity of -23.30%. Its debt-to-equity ratio is 0.00.

Company Information

Incorporated in 1989, AVI Products India Ltd is in the business of trading of Dental Products and Equipment

Website aviphoto.in
Face Value ₹10

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