Bartronics
Information Technology
Avio Smart Market Stack Limited
ASMS NSE
₹5.44 No trade today
- P/E
- 23.65
Close 4 Nov 2026 ₹5.44 −7.51 −58.0% 1Y
Start ₹12.95
Key Fundamentals
MicrocapIT - ServicesInformation TechnologyPrice-based figures as of · EPS basis: Consolidated · TTM
- ROCE
- 15.50%
- Debt to Equity
- 0.26
- EPS (TTM)
- ₹0.23
- Book Value
- ₹1.12
- Market Cap
- —
- P/E (TTM)
- 23.65
- P/B
- 4.86
- ROE
- 19.00%
- Dividend Yield
- 0.00%
- EBITDA
- ₹5.70 Cr
- 52W High
- ₹16.70
- 52W Low
- ₹4.68
- Volume
- 0
Peer Comparison
Information Technology › IT Enabled Services
| ₹4,133.50 | 33.20 | ₹45,364 Cr | 6.19 | 0.47% | 21.50% | 26.70% | ₹11,565 Cr | ₹1,322 Cr | |
| ₹1,750.40 | 39.33 | ₹29,871 Cr | 10.73 | 0.00% | 31.40% | 31.50% | ₹3,347 Cr | ₹764 Cr | |
| ₹652.45 | 47.55 | ₹26,704 Cr | 6.91 | 1.81% | 16.30% | 20.90% | ₹5,926 Cr | ₹558 Cr | |
| ₹4,062.30 | 88.56 | ₹24,520 Cr | 11.48 | 0.07% | 32.80% | 37.50% | ₹2,702 Cr | ₹260 Cr | |
| ₹1,623.90 | 47.83 | ₹22,921 Cr | 5.07 | 0.00% | 13.80% | 16.80% | ₹2,836 Cr | ₹478 Cr | |
| ₹43.59 | 20.56 | ₹20,233 Cr | 1.99 | 0.35% | 10.60% | 13.40% | ₹7,617 Cr | ₹994 Cr | |
| ₹1,193.60 | 91.82 | ₹14,545 Cr | 10.89 | 0.00% | 24.90% | 30.20% | ₹537 Cr | ₹134 Cr | |
| Bartronics (this company) | ₹5.44 | 23.65 | ₹163 Cr | 4.86 | 0.00% | 19.00% | 15.50% | ₹107 Cr | ₹7 Cr |
| Median 8 companies | ₹1,408.75 | 43.44 | ₹23,720 Cr | 6.55 | 0.04% | 20.25% | 23.80% | ₹3,092 Cr | ₹518 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.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
47 Average
Data confidence 98/100
Category scores
- Quality
- 59
- Good
- Returns, margins, earnings quality 22% weight
- Valuation
- 31
- Poor
- Cheap vs sector & own history 24% weight
- Growth
- 99
- Strong
- Sales & profit trajectory 9% weight
- Financial Health
- 49
- Average
- Solvency, leverage, coverage 9% weight
- Momentum
- 19
- Poor
- Trend strength, vol-adjusted 12% weight
- Ownership
- 49
- Average
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
1- Company is expected to give good quarter
Weaknesses
6- Stock is trading at 5.23 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.50% over last 3 years.
- Contingent liabilities of Rs.115 Cr.
- Debtor days have increased from 38.8 to 90.7 days.
- Promoter holding has decreased over last 3 years: -24.2%
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bearish | 11 | 6 | 2 |
| Oscillators | Bullish | 1 | 6 | 2 |
| Moving Averages | Strong Bearish | 10 | 0 | 0 |
Oscillators
Bullish
Bearish
1
Neutral
6
Bullish
2
Overall
Strong Bearish
Bearish
11
Neutral
6
Bullish
2
Moving Averages
Strong Bearish
Bearish
10
Neutral
0
Bullish
0
Key readings
- RSI (14)
- 38.22
- Neutral
- MACD (12,26,9)
- −0.22
- Bullish
- SMA (50)
- 6.29
- Bearish
- SMA (200)
- 7.93
- Bearish
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
| 10Y | +9.49% |
|---|---|
| 5Y | +10.54% |
| 3Y | +25.19% |
| 1Y | +160.00% |
| TTM | +203.40% |
Net profit
| 10Y | Turned to profit |
|---|---|
| 5Y | Turned to profit |
| 3Y | −62.08% |
| 1Y | +200.00% |
| TTM | +442.31% |
Operating cash flow
| 10Y | Turned positive |
|---|---|
| 5Y | −12.94% |
| 3Y | Turned positive |
| 1Y | Turned positive |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | −19.00 pp |
|---|---|
| 5Y | −4.71 pp |
| 3Y | +1.04 pp |
| 1Y | +4.81 pp |
| TTM | +9.73 pp |
Revenue by year
| Mar 2017 | ₹72.00 Cr |
|---|---|
| Mar 2018 | ₹71.00 Cr |
| Mar 2019 | ₹68.00 Cr |
| Mar 2020 | ₹66.00 Cr |
| Mar 2021 | ₹63.00 Cr |
| Mar 2022 | ₹65.00 Cr |
| Mar 2023 | ₹53.00 Cr |
| Mar 2024 | ₹49.00 Cr |
| Mar 2025 | ₹40.00 Cr |
| Mar 2026 | ₹104 Cr |
Net profit by year
| Mar 2017 | −₹51.00 Cr |
|---|---|
| Mar 2018 | −₹43.00 Cr |
| Mar 2019 | −₹66.00 Cr |
| Mar 2020 | −₹51.00 Cr |
| Mar 2021 | −₹49.00 Cr |
| Mar 2022 | −₹50.00 Cr |
| Mar 2023 | ₹110 Cr |
| Mar 2024 | ₹1.00 Cr |
| Mar 2025 | ₹2.00 Cr |
| Mar 2026 | ₹6.00 Cr |
Quarterly Results
₹ Cr| Particulars | 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 | 12.07 | 12.43 | 11.92 | 12.41 | 13.57 | 8.85 | 8.71 | 8.91 | 8.83 | 12.4 | 48.34 | 34.39 | 11.97 |
| Expenses | 11.41 | 12.82 | 12.1 | 12.56 | 13.34 | 8.91 | 9.08 | 9.01 | 9.65 | 11.7 | 45.75 | 32.06 | 11.26 |
| Operating Profit | 0.66 | −0.39 | −0.18 | −0.15 | 0.23 | −0.06 | −0.37 | −0.1 | −0.82 | 0.7 | 2.59 | 2.33 | 0.71 |
| OPM % | 5.47% | −3.14% | −1.51% | −1.21% | 1.69% | −0.68% | −4.25% | −1.12% | −9.29% | 5.65% | 5.36% | 6.78% | 5.93% |
| Other Income | 0.04 | −0.29 | 0.25 | 0.75 | 0.85 | 0.32 | 0.06 | 1.52 | 0.03 | 0.32 | 0.15 | 0.42 | 0.87 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.07 | 0.27 |
| Depreciation | 0.19 | 0.14 | 0.07 | 0.04 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.06 | 0.05 | 0.08 |
| PBT | 0.51 | −0.82 | 0 | 0.56 | 1.07 | 0.25 | −0.33 | 1.4 | −0.8 | 1 | 2.68 | 2.62 | 1.23 |
| Tax % | 9.8% | 20.73% | — | −253.57% | 16.82% | 0% | 0% | 33.33% | −156.25% | 0% | 8.96% | 20.15% | −21.95% |
| Net Profit | 0.46 | −0.99 | −0.06 | 1.98 | 0.89 | 0.25 | −0.33 | 0.93 | 0.45 | 1 | 2.45 | 2.09 | 1.51 |
| EPS (₹) | 0.02 | −0.03 | 0 | 0.07 | 0.03 | 0.01 | −0.01 | 0.03 | 0.01 | 0.03 | 0.08 | 0.07 | 0.05 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 18m | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 39 | 42 | 72 | 71 | 68 | 66 | 63 | 65 | 53 | 49 | 40 | 104 | 107 |
| Expenses | 43 | 32 | 62 | 58 | 84 | 59 | 57 | 60 | 51 | 49 | 40 | 99 | 101 |
| Operating Profit | −4 | 10 | 10 | 13 | −16 | 7 | 6 | 6 | 2 | 0 | 0 | 5 | 6 |
| OPM % | −10% | 25% | 14% | 18% | −23% | 11% | 9% | 9% | 3.7% | −0.1% | −0.7% | 4.6% | 6% |
| Other Income | 4 | 19 | −3 | 2 | 0 | 3 | 0 | 0 | 158 | 1 | 0.69 | 1 | 2 |
| Interest | 70 | 54 | 52 | 52 | 52 | 52 | 52 | 52 | 26 | 0 | 0 | 0 | 0 |
| Depreciation | 57 | 11 | 6 | 6 | 5 | 5 | 4 | 4 | 4 | 0 | 0 | 0 | 0 |
| PBT | −128 | −35 | −51 | −43 | −74 | −47 | −50 | −51 | 130 | 0 | 2 | 5 | 8 |
| Tax % | −12% | −6% | −1% | −1% | −10% | 9% | −2% | −1% | 15% | −500% | 27% | −9% | — |
| Net Profit | −112 | −33 | −51 | −43 | −66 | −51 | −49 | −50 | 110 | 1 | 2 | 6 | 7 |
| EPS (₹) | −33.03 | −9.74 | −14.92 | −12.65 | −19.37 | −15.06 | −14.46 | −14.77 | 3.62 | 0.05 | 0.06 | 0.2 | 0.23 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | 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 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 30 | 30 | 30 | 30 |
| Reserves | 149 | 116 | 57 | 15 | −27 | −51 | −108 | −147 | −5 | −4 | −2 | 4 |
| Borrowings | 734 | 773 | 789 | 747 | 797 | 1,047 | 1,092 | 1,156 | 0 | 0 | 0 | 9 |
| Other Liabilities | 530 | 559 | 585 | 417 | 448 | 244 | 244 | 245 | 2 | 3 | 4 | 25 |
| Total Liabilities | 1,447 | 1,481 | 1,465 | 1,213 | 1,252 | 1,274 | 1,261 | 1,289 | 28 | 30 | 33 | 68 |
| Fixed Assets | 65 | 55 | 50 | 45 | 39 | 32 | 28 | 24 | 4 | 2 | 0 | 2 |
| CWIP | 14 | 14 | 14 | 14 | 14 | 12 | 12 | 12 | 0 | 0 | 0 | 0 |
| Investments | 302 | 302 | 302 | 302 | 306 | 302 | 302 | 302 | 0 | 0 | 5 | 14 |
| Other Assets | 1,066 | 1,111 | 1,100 | 852 | 893 | 928 | 919 | 951 | 24 | 28 | 27 | 53 |
| Total Assets | 1,447 | 1,481 | 1,465 | 1,213 | 1,252 | 1,274 | 1,261 | 1,289 | 28 | 30 | 33 | 68 |
Cash Flow
₹ Cr| Particulars | 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 | 107 | −5 | 4 | 64 | 31 | 61 | 2 | 4 | −9 | 0 | −2 | 1 |
| Investing | 8 | −2 | 1 | 0 | 20 | 11 | 0 | 0 | 1 | 1 | −1 | −10 |
| Financing | −114 | 8 | −3 | −64 | −52 | −69 | 0 | 0 | −2 | 0 | 0 | 8 |
| Net Cash Flow | 1 | 1 | 1 | 0 | 0 | 3 | 2 | 4 | −11 | 0 | −3 | 0 |
| Free Cash Flow | 105 | −7 | 3 | 63 | 31 | 65 | 2 | 4 | −9 | −1 | 2 | 0 |
| CFO/EBITDA | −2,708 | −51 | 35 | 494 | −195 | 861 | 35 | 70 | −472 | −4,775 | 669 | 29 |
Ratios
| Particulars | 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 | 7,924 | 7,686 | 4,451 | 3,248 | 3,533 | 3,822 | 3,932 | 3,907 | 16 | 3 | 22 | 91 |
| Inventory Days | 146 | 524 | 96 | 173 | 81 | 124 | — | 389 | — | — | — | 0 |
| Days Payable | 5,358 | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | 4,922 | 2,601 | 1,778 | 1,872 | — | 4,518 | — | — | — | 137 |
| Cash Conversion Cycle | 2,712 | −9,056 | −375 | 820 | 1,836 | 2,073 | 3,932 | −223 | 16 | 3 | 22 | −46 |
| Working Capital Days | −3,340 | −3,313 | −2,220 | −2,458 | −2,815 | −2,963 | −3,446 | −3,526 | 15 | −7 | −7 | 2 |
| ROCE % | −6% | 2% | 0% | 1% | −3% | 1% | 0% | 0% | 0% | 4% | 1% | 16% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Bartronics insights
64 extracted metrics across FY11–FY27.
Documents
- Intimation 23 Oct 2026
- General announcements 7 Oct 2026
Frequently Asked Questions about Bartronics
What does Avio Smart Market Stack Limited do?
Incorporated in 1990, Bartronics India Ltd provides Automatic Identification & Data Capture (AIDC) solutions
Where is Avio Smart Market Stack Limited (ASMS) listed?
Avio Smart Market Stack Limited trades as ASMS on the NSE and under code 532694 on the BSE.
Which sector does Avio Smart Market Stack Limited belong to?
Avio Smart Market Stack Limited is classified under the Information Technology sector, in the IT Enabled Services industry.
What is the PE ratio of Avio Smart Market Stack Limited?
Avio Smart Market Stack Limited trades at a PE ratio of 23.65 as of 4 Nov 2026, on earnings per share of ₹0.23, against a book value of ₹1.12 per share.
What is the 52-week high and low of Avio Smart Market Stack Limited?
Over the last 52 weeks Avio Smart Market Stack Limited has traded between ₹4.68 and ₹16.7 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Avio Smart Market Stack Limited?
Avio Smart Market Stack Limited reported a return on equity of 19.00%. Its debt-to-equity ratio is 0.26.
Company Information
Incorporated in 1990, Bartronics India Ltd provides Automatic Identification & Data Capture (AIDC) solutions
Website bartronics.com
CEO Mr. Nandaluru Vidhya Sagar Reddy
Employees 130
Listed 9 Feb 2023
Face Value ₹1
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