--- title: "Avery India (AVERY) Financials & Shareholding" symbol: "AVERY" company: "Avery India Ltd" canonical: "https://tapetide.com/stocks/AVERY" generated_at: "2026-11-05T01:44:41.577Z" --- # Avery India (AVERY) Canonical page: https://tapetide.com/stocks/AVERY ## Company - **In the F&O segment:** No ## Key Insights ### Strengths - Company is almost debt free. ### Weaknesses - Company has a low return on equity of 10.5% over last 3 years. - Earnings include an other income of Rs.8.97 Cr. ## Growth Rate Growth computed from the financial statements below. A window with no rate gives the reason instead of a figure. Annual windows: The latest annual results are more than two years old, so no annual growth is shown. Trailing twelve months: No quarterly results are reported. ## Financial Statements Not shown: Quarterly Results. Not this company's figures: left behind by an earlier update and not confirmed by the latest one. ### Profit & Loss Figures in ₹ crore unless the row name gives another unit. | Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Sales | 71 | 82 | 79 | 95 | 91 | 82 | 80 | 85 | | Expenses | 63 | 75 | 71 | 77 | 74 | 66 | 63 | 64 | | Operating Profit | 8 | 7 | 8 | 18 | 17 | 16 | 18 | 21 | | OPM % | 11% | 8% | 10% | 19% | 19% | 20% | 22% | 24% | | Other Income | 3 | 5 | 6 | 8 | 9 | 14 | 9 | 9 | | Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Depreciation | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | | Profit before tax | 10 | 10 | 13 | 25 | 25 | 28 | 25 | 28 | | Tax % | 36% | 38% | 38% | 33% | 32% | 34% | 34% | 35% | | Net Profit | 6 | 6 | 8 | 16 | 17 | 19 | 16 | 18 | | Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | ### Balance Sheet Figures in ₹ crore unless the row name gives another unit. | Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | | Reserves | 36 | 42 | 50 | 104 | 121 | 139 | 155 | 174 | | Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Other Liabilities | 27 | 29 | 16 | 19 | 22 | 20 | 21 | 22 | | Total Liabilities | 73 | 80 | 75 | 133 | 152 | 169 | 186 | 206 | | Fixed Assets | 4 | 5 | 6 | 7 | 7 | 7 | 6 | 6 | | CWIP | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | | Investments | 5 | 4 | 2 | 0 | 0 | 0 | 0 | 0 | | Other Assets | 63 | 70 | 67 | 125 | 144 | 162 | 180 | 199 | | Total Assets | 73 | 80 | 75 | 133 | 152 | 169 | 186 | 206 | ### Cash Flow Figures in ₹ crore unless the row name gives another unit. | Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Cash from Operating Activity | -7 | 8 | 6 | 13 | 10 | 7 | 10 | 11 | | Cash from Investing Activity | 2 | 0 | 3 | 5 | 6 | 13 | 7 | 7 | | Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Net Cash Flow | -6 | 7 | 10 | 18 | 15 | 20 | 17 | 18 | | Free Cash Flow | -8 | 6 | 5 | 11 | 7 | 10 | 9 | 10 | | CFO/EBITDA | -57 | 187 | 116 | 111 | 109 | 97 | 103 | 92 | ### Ratios | Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Debtor Days | 78 | 50 | 45 | 44 | 47 | 48 | 51 | 53 | | Inventory Days | 152 | 91 | 111 | 83 | 101 | 95 | 113 | 116 | | Days Payable | 166 | 105 | 109 | 81 | 107 | 107 | 116 | 123 | | Cash Conversion Cycle | 64 | 36 | 47 | 46 | 41 | 36 | 48 | 47 | | Working Capital Days | 72 | 57 | 63 | 24 | 24 | 26 | 24 | 28 | | ROCE % | — | 22% | 22% | — | 20% | 17% | 16% | 16% | ## Shareholding Pattern Not shown: Shareholding Pattern. Not this company's figures: left behind by an earlier update and not confirmed by the latest one. ## Frequently Asked Questions about Avery ### What does Avery India Ltd do? Avery India is a part of the global company Avery Weigh-Tronix and has been supplying and servicing weighing solutions to customers since 1911. As the leading electronic scale manufacturer in India, it manufactures world-class industrial weighing products to meet its customers needs. ## Company Information Avery India is a part of the global company Avery Weigh-Tronix and has been supplying and servicing weighing solutions to customers since 1911. As the leading electronic scale manufacturer in India, it manufactures world-class industrial weighing products to meet its customers needs. - **Website:** https://averyindia.co.in/ - **Face Value:** ₹10 --- Negative figures use an ASCII hyphen-minus (-) so they parse as numbers. Amounts are in Indian rupees; "Cr" is crore (10 million). Dates are Indian Standard Time. Financial statements, shareholding and filings are as reported by the company. Price, volume and 52-week levels are market data. Technical indicators are computed by Tapetide from daily prices. The Tapetide Score is Tapetide’s own analysis. Analyst ratings and forecasts are the published estimates of third-party analysts, not company statements. The AI sections are generated text. For research and information only, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser. Generated 5 Nov 2026, 07:14 IST.