AVI Products India Ltd
₹ 24.4
-0.20%
24 Dec
- close price
About
Incorporated in 1989, AVI Products Ltd deals in Dental Consumables & Machinery and also sells Ice-Creams.
Key Points
- Market Cap ₹ 8.09 Cr.
- Current Price ₹ 24.4
- High / Low ₹ 34.5 / 18.2
- Stock P/E 50.6
- Book Value ₹ 21.5
- Dividend Yield 0.00 %
- ROCE 5.56 %
- ROE 4.31 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.14 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 23.7%
- Company has a low return on equity of 4.40% over last 3 years.
- Debtor days have increased from 49.2 to 60.2 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: E-Commerce/App based Aggregator Industry: Trading
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.08 | 1.86 | 1.79 | 1.78 | 2.07 | 3.60 | 3.43 | 4.10 | 2.38 | 3.34 | 3.61 | 4.85 | 4.44 | |
| 0.52 | 1.10 | 1.28 | 1.42 | 2.54 | 3.41 | 3.18 | 3.92 | 2.36 | 3.12 | 3.31 | 4.59 | 4.26 | |
| Operating Profit | 0.56 | 0.76 | 0.51 | 0.36 | -0.47 | 0.19 | 0.25 | 0.18 | 0.02 | 0.22 | 0.30 | 0.26 | 0.18 |
| OPM % | 51.85% | 40.86% | 28.49% | 20.22% | -22.71% | 5.28% | 7.29% | 4.39% | 0.84% | 6.59% | 8.31% | 5.36% | 4.05% |
| -0.25 | 0.00 | 0.04 | 0.09 | 0.13 | 0.00 | -0.04 | 0.06 | 0.15 | 0.03 | 0.08 | 0.21 | 0.23 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.02 | 0.01 | 0.01 | 0.03 | 0.03 | 0.05 | 0.05 | 0.04 | 0.01 | 0.02 |
| Depreciation | 0.00 | 0.00 | 0.01 | 0.03 | 0.05 | 0.06 | 0.05 | 0.06 | 0.05 | 0.04 | 0.06 | 0.14 | 0.19 |
| Profit before tax | 0.31 | 0.76 | 0.54 | 0.40 | -0.40 | 0.12 | 0.13 | 0.15 | 0.07 | 0.16 | 0.28 | 0.32 | 0.20 |
| Tax % | 0.00% | 25.00% | 31.48% | 32.50% | 0.00% | 8.33% | 15.38% | 13.33% | 14.29% | 25.00% | 25.00% | 21.88% | |
| 0.31 | 0.57 | 0.38 | 0.27 | -0.40 | 0.11 | 0.10 | 0.12 | 0.06 | 0.12 | 0.21 | 0.25 | 0.16 | |
| EPS in Rs | 0.89 | 1.64 | 1.09 | 2.59 | -3.83 | 1.05 | 0.96 | 1.15 | 0.57 | 0.46 | 0.81 | 0.76 | 0.48 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 7% |
| 3 Years: | 27% |
| TTM: | 8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -8% |
| 5 Years: | 12% |
| 3 Years: | 46% |
| TTM: | -30% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 4% |
| 3 Years: | -16% |
| 1 Year: | -25% |
| Return on Equity | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 5% |
| 3 Years: | 4% |
| Last Year: | 4% |
Balance Sheet
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.48 | 3.48 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 | 2.58 | 2.58 | 3.31 | 3.31 |
| Reserves | -3.11 | -2.54 | 0.28 | 0.55 | 0.15 | 0.26 | 0.36 | 0.48 | 0.54 | 1.76 | 1.96 | 3.74 | 3.79 |
| 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.33 | 0.20 | 0.52 | 0.02 | 0.01 | 0.26 | 0.40 | |
| 0.30 | 0.58 | 0.69 | 0.27 | 0.34 | 0.66 | 0.70 | 0.65 | 0.57 | 0.43 | 0.17 | 0.80 | 0.83 | |
| Total Liabilities | 0.72 | 1.52 | 2.01 | 1.86 | 1.53 | 1.96 | 2.43 | 2.37 | 2.67 | 4.79 | 4.72 | 8.11 | 8.33 |
| 0.00 | 0.00 | 0.08 | 0.17 | 0.42 | 0.37 | 0.33 | 0.31 | 0.37 | 0.45 | 0.58 | 1.44 | 1.47 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.72 | 1.52 | 1.93 | 1.69 | 1.11 | 1.59 | 2.10 | 2.06 | 2.30 | 4.34 | 4.14 | 6.67 | 6.86 | |
| Total Assets | 0.72 | 1.52 | 2.01 | 1.86 | 1.53 | 1.96 | 2.43 | 2.37 | 2.67 | 4.79 | 4.72 | 8.11 | 8.33 |
Cash Flows
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.24 | 0.69 | 0.07 | 0.32 | -0.04 | 0.05 | -0.28 | 0.31 | -0.15 | 0.10 | -0.62 | 0.31 | |
| 0.00 | 0.00 | 0.00 | -0.25 | -0.31 | 0.00 | -0.05 | -0.11 | -0.13 | -0.09 | -1.51 | -0.90 | |
| -0.24 | -0.24 | -0.08 | 0.00 | 0.00 | 0.00 | 0.31 | -0.15 | 0.26 | 2.09 | -0.06 | 2.48 | |
| Net Cash Flow | 0.00 | 0.45 | -0.02 | 0.06 | -0.34 | 0.04 | -0.02 | 0.05 | -0.01 | 2.10 | -2.18 | 1.90 |
Ratios
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 219.68 | 121.67 | 14.27 | 26.66 | 44.08 | 26.36 | 69.17 | 38.28 | 69.01 | 44.81 | 42.47 | 60.21 |
| Inventory Days | 9.61 | 80.42 | 121.67 | 100.86 | 140.20 | 127.75 | 202.38 | 144.70 | 351.40 | 276.41 | 282.96 | 251.80 |
| Days Payable | 153.68 | 191.78 | 97.33 | 57.63 | 58.01 | 66.92 | 66.86 | 37.80 | 40.81 | 26.58 | 13.39 | 71.61 |
| Cash Conversion Cycle | 75.60 | 10.31 | 38.61 | 69.88 | 126.27 | 87.19 | 204.69 | 145.17 | 379.60 | 294.64 | 312.03 | 240.40 |
| Working Capital Days | 125.05 | 33.36 | 173.32 | 155.84 | 96.98 | 53.74 | 122.38 | 92.59 | 236.18 | 179.22 | 251.76 | 185.13 |
| ROCE % | 142.50% | 111.76% | 47.79% | 28.87% | -28.06% | 10.44% | 13.86% | 10.43% | 7.33% | 6.50% | 7.18% | 5.56% |
Documents
Announcements
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
18 Dec - Issuance of duplicate share certificates to shareholders.
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Announcement under Regulation 30 (LODR)-Change in RTA
16 Dec - Appointment of System Support Services as new RTA.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
21 Nov - Outcome of investor call discussing Q2 financial performance.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
19 Nov - Conference call on financial performance for Q2 FY 2024-25.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov - Newspaper Unaudited Financial Results for the Q E 30.09.2024
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1][2]
Company trades in Dental and Healthcare products and in distribution of food and beverages products specifically in Ice Creams and Fast Food, offering Franchisees under the brand IFRUIT. Company also plans to open a chain of Quick Service Restaurants. Company markets Dental Consumables & Machinery through its E-Commerce portal Dentaldeal.in Under IFRUIT, company is operating an ice- cream business which designs and develops equipment and formats for various forms of ice-cream like Rolls ice-creams, Soft serve ice-creams, Hard ice-creams, Gelatos, Sorbets, etc.