AVSL IndustriesShare price, financial results, shareholding and management
- Market cap
- ₹64 cr
- Stock P/E
- 30.1peers 12.6
- Book value
- ₹75
- Price to book
- 1.60
- EV / operating profit
- 10.7
- Market cap to sales
- 0.43
- ROCE · FY26
- 8.8%
- ROE · FY26
- 5.5%
- ROE, 3-year average
- 6.1%
- Operating margin · FY26
- 6.4%peers 12.4%
- Sales growth, 3 years
- 14.1%
- Profit growth, 3 years
- 28.5%
- Debt to equity
- 1.01peers 0.39
- Borrowings
- ₹40.3 cr
- Interest cover
- 1.7×
- Cash from business / op. profit
- 74%
- Debtor days
- 91
- Pledged
- 0.00%
- Promoter holding
- 71.99%
- Change in promoter holding
- 0.00 pts
- Shareholders
- 97
- 52-week high / low
- ₹126 / ₹120
- Dividend yield
- 0.00%
- Face value
- ₹10
Tap or hover on any figure for what it means. Our arithmetic on reported figures, at the latest close.
newboard is reading this company's filings. Its plain description, key points, management and study will appear here soon; the figures below are worked out from what it has filed.
AVSL Industries share price chart
Close on 1 Sept 2026 · 0.00% on the day · Vol 1,000
Daily prices to 1 Sept 2026, adjusted for splits and bonuses. Closing prices only: check the exchange for the live price.
Share price returns
To the close of 1 Sept 2026
- 3 months
- +0.0%
- 1 year
- -4.2%
- Traded a day, 20 days
- ₹0.01 cr
- Taken for delivery
- 100%
Business growth
Sales and net profit, from the reported results
| Sales | Profit | |
|---|---|---|
| FY26 on FY25 | +8% | -16% |
| 3 years, a year | +14% | +29% |
| Latest half, H2 FY26 | +4% | -22% |
AVSL Industries revenue and profit growth
Half-yearly results · Profit and lossSales have grown steadily. Last year profit fell even as sales rose, so the company kept less from each rupee of sales.
SME companies report every six months. In the latest half, sales were higher than in the same half a year before. Profit grew more slowly than sales, so each rupee of sales left a little less profit.
AVSL Industries half-yearly results
SME companies report every six months · ₹ crore
| H1FY23 | H2FY23 | H1FY24 | H2FY24 | H1FY25 | H2FY25 | H1FY26 | H2FY26 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 51 | 51 | 61 | 76 | 69 | 70.34 | 76.78 | 73.32 |
| Expenses | 49 | 49 | 59 | 71 | 58 | 65.61 | 71.89 | 68.59 |
| Operating profit | 2 | 2 | 2 | 5 | 11 | 4.74 | 4.89 | 4.73 |
| OPM | 3.3% | 3.8% | 3.2% | 7.0% | 16.0% | 6.7% | 6.4% | 6.5% |
| Interest | 1 | 1 | 1 | 2 | 1 | 2.21 | 1.86 | 2.15 |
| Depreciation | 1 | 1 | 1 | 1 | 9 | 1.58 | 1.64 | 1.81 |
| Profit before tax | 0 | 0 | 1 | 2 | 1 | 1.98 | 1.57 | 1.39 |
| Net profit | 0 | 0 | 0 | 2 | 1 | 1.42 | 1.02 | 1.11 |
AVSL Industries profit and loss
Full years to March, FY15 to FY26 · ₹ crore, consolidated where reported
| FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 14 | 67 | 78 | 102 | 84 | 82 | 82 | 100 | 101 | 137 | 139.13 | 150.10 |
| Expenses | 14 | 68 | 78 | 98 | 81 | 76 | 75 | 91 | 98 | 130 | 131.04 | 140.47 |
| Operating profit | 0 | -1 | 0 | 3 | 3 | 6 | 7 | 10 | 4 | 7 | 8.10 | 9.62 |
| OPM | -0.4% | -1.3% | 0.4% | 3.3% | 3.9% | 8.0% | 9.0% | 10.0% | 3.6% | 5.0% | 5.8% | 6.4% |
| Other income | 0 | 2 | 2 | 1 | 2 | 1 | 3 | 1 | 1 | 1 | 1.71 | 0.97 |
| Interest | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 3.52 | 4.01 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 2 | 2.83 | 3.45 |
| Exceptional and other items | · | -1 | · | · | -1 | 1 | · | -1 | · | · | · | · |
| Profit before tax | 0 | 0 | 1 | 3 | 3 | 6 | 8 | 8 | 1 | 3 | 3.43 | 2.96 |
| Tax rate | 40.0% | 32.0% | 0.0% | 33.3% | 33.3% | 33.3% | 25.0% | 25.0% | 0.0% | 33.3% | 26.2% | 28.4% |
| Net profit | 0 | 0 | 1 | 2 | 2 | 4 | 6 | 6 | 1 | 2 | 2.53 | 2.12 |
| EPS ₹ | 0.93 | 0.49 | 1.35 | 4.22 | 4.26 | 7.90 | 10.97 | 11.05 | 0.96 | 4.20 | 4.74 | 3.99 |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
The years to FY24 come rounded to the nearest crore in the source.
Exceptional and other items: profit before tax beyond operating profit, other income, interest and depreciation, such as one-off items or a share of associates' profit, as reported.
Earnings per share before FY23 is on the share count of that time, before later bonus or share issues, so it does not compare with the years after.
AVSL Industries profitability
Margins and returns on capitalLast year the company kept about as much from each rupee of sales as the year before. It earns a low return on the money it uses.
Operating margin, every year
Per cent of sales kept before interest, depreciation and tax
| FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | -0.4% | -1.3% | 0.4% | 3.3% | 3.9% | 8.0% | 9.0% | 10.0% | 3.6% | 5.0% | 5.8% | 6.4% |
| Tax rate | 40.0% | 32.0% | 0.0% | 33.3% | 33.3% | 33.3% | 25.0% | 25.0% | 0.0% | 33.3% | 26.2% | 28.4% |
| ROCE | · | 0.0% | 10.3% | 15.7% | 16.0% | 22.6% | 21.2% | 17.8% | 4.9% | 8.8% | 9.4% | 8.8% |
| ROE | · | 0.0% | 11.1% | 15.4% | 13.3% | 22.2% | 26.1% | 20.7% | 3.1% | 5.9% | 6.9% | 5.5% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
AVSL Industries debt and cash flow
Balance sheet · Cash flow · Working capitalThe company's own money, its net worth, has grown. Its loans are now larger than its own money. Last year the business brought in more cash than it showed as profit. Customers take about as long to pay as they did in FY24.
Bars below the line are cash going out.
AVSL Industries balance sheet
At each 31 March · ₹ crore
| FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 0.32 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5.33 | 5.33 |
| Reserves | 3 | 2 | 7 | 9 | 11 | 15 | 21 | 27 | 28 | 30 | 32.50 | 34.63 |
| Net worth | 3.32 | 6 | 12 | 14 | 16 | 20 | 26 | 32 | 33 | 35 | 37.83 | 39.96 |
| Borrowings | 0 | 9 | 12 | 13 | 7 | 19 | 20 | 23 | 34 | 35 | 39.91 | 40.32 |
| Other liabilities | 11.68 | 24 | 22 | 24 | 25 | 29 | 21 | 21 | 9 | 21 | 20.49 | 24.10 |
| Total liabilities | 15 | 39 | 46 | 51 | 48 | 68 | 67 | 76 | 76 | 91 | 98.23 | 104.38 |
| Fixed assets | 3 | 3 | 4 | 5 | 6 | 19 | 22 | 26 | 29 | 31 | 35.25 | 35.48 |
| Capital work in progress | 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 | 12 | 36 | 42 | 46 | 42 | 49 | 45 | 50 | 47 | 60 | 62.98 | 68.90 |
| Receivables | · | · | · | · | · | · | · | · | · | · | 36.37 | 37.37 |
| Inventory | · | · | · | · | · | · | · | · | · | · | 16.98 | 24.24 |
| Cash | · | · | · | · | · | · | · | · | · | · | 0.81 | 0.85 |
| Trade payables | · | · | · | · | · | · | · | · | · | · | 14.71 | 18.52 |
AVSL Industries cash flow
₹ crore
| FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 1 | -10 | -6 | 3 | 8 | 3 | 4 | 4 | -5 | 6 | 6.13 | 7.08 |
| Cash from investing | 0 | 0 | -2 | -2 | -2 | -14 | -4 | -5 | -4 | -4 | -7.16 | -3.96 |
| Cash from financing | 0 | 10 | 7 | 0 | -7 | 11 | 0 | 1 | 9 | -2 | 1.19 | -3.08 |
| Net cash flow | 1 | 0 | -1 | 1 | -1 | 0 | 0 | 0 | 0 | 0 | 0.16 | 0.04 |
| Capital spending | · | · | · | · | · | · | · | · | · | · | 7.51 | 3.86 |
Working capital
Days
| FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 114 | 123 | 148 | 140 | 136 | 142 | 127 | 99 | 90 | 100 | 95 | 91 |
| Inventory days | 157 | 68 | 25 | 14 | 36 | 54 | 60 | 77 | 82 | 64 | 59 | 82 |
| Days payable | 311 | 140 | 103 | 85 | 115 | 139 | 88 | 75 | 27 | 52 | 51 | 62 |
| Cash conversion cycle | -40 | 51 | 70 | 69 | 57 | 57 | 98 | 101 | 145 | 112 | 103 | 110 |
| Working capital days | -17 | 12 | 31 | 28 | 40 | 32 | 36 | 29 | 16 | 10 | 7 | 13 |
AVSL Industries peers and competitors
Listed SME companies in the same industryBy sales, AVSL Industries is number 61 of the 156 listed SME companies in industrial products.
Each company's latest full year and its latest close; companies the exchange puts in the same industry, whose businesses can differ a good deal. A list, not a comparison of their shares.
| Company | Market cap ₹ cr | P/E | Sales ₹ cr | Profit ₹ cr | Op. margin | Debt/equity |
|---|---|---|---|---|---|---|
| DCG Cables & Wires | 127 | 14.1 | 163 | 9 | 15.0% | 0.70 |
| Malpani Pipes And Fittings | 68 | 7.5 | 163 | 9 | 10.0% | 0.39 |
| Swashthik Plascon | 36 | 4.6 | 153 | 8 | 16.0% | 0.95 |
| AVSL Industries | 64 | 30.1 | 150 | 2.1 | 6.4% | 1.01 |
| Shree Marutinandan Tubes | 15 | 3.6 | 150 | 4 | 4.3% | 0.14 |
| Mittal Sections | 32 | 10.8 | 149 | 3 | 5.0% | 0.43 |
| RFBL Flexi Pack | 235 | 28.5 | 148 | 8.3 | 8.8% | 0.38 |
| Amic Forging | 2,378 | 84.9 | 141 | 28 | 33.0% | 0.03 |
| Sahasra Electronic Solutions | 1,176 | 97.0 | 139 | 12.1 | 13.1% | 0.28 |
| ALUWIND INFRA-TECH | 117 | 11.1 | 139 | 10.5 | 11.8% | 0.59 |
| Monolithisch India | 2,616 | 113.7 | 135 | 23 | 24.0% | 0.05 |
| Median of the 10 others | 122 | 12.6 | 149 | 9 | 12.4% | 0.39 |
AVSL Industries shareholding pattern
Promoters, FIIs, DIIs, HNIs and small holdersThe promoters own more than half the company. Big foreign and Indian funds own very little. The number of shareholders is about the same.
AVSL Industries shareholding pattern
Per cent of shares, from the patterns filed with the exchange. Tap + to see everyone holding 1% or more in that group. HNIs and small holders show only where the pattern was filed in full.
| Sep 22 | Mar 23 | Sep 23 | Mar 24 | Sep 24 | Mar 25 | Sep 25 | Mar 26 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 71.65% | 71.65% | 71.65% | 71.88% | 71.88% | 71.99% | 71.99% | 71.99% |
| Foreign investors (FIIs) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | - | - |
| Indian institutions (DIIs) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | - | - |
| HNIs (over ₹2 lakh each) | 22.22% | 21.65% | 21.67% | 21.67% | 21.67% | 21.67% | 21.09% | 21.09% |
| Small holders (up to ₹2 lakh) | 4.54% | 4.37% | 4.20% | 4.13% | 4.00% | 3.85% | 3.85% | 3.85% |
| Companies and others | 1.59% | 2.33% | 2.48% | 2.32% | 2.45% | 2.49% | 3.07% | 3.07% |
| Number of shareholders | 96 | 95 | 103 | 102 | 102 | 102 | 98 | 97 |
The named holders are at 31 March 2026, beside 30 Sept 2025, each under the group the pattern files them in.
AVSL Industries latest news and announcements
Announcements · Documents · Corporate actionsWhat changed recently
Each half-year is set against the same half a year earlier
- H2 FY26: sales ₹73.3 cr (+4%), net profit ₹1.1 cr (-22%) on H2 FY25.
- Shareholding, 31 March 2026: promoters unchanged at 71.99%.
AVSL Industries announcements
25 on record, latest first; each opens the filing on the exchange
- Structural Digital DatabaseSubmission of SDD Compliance Certificate for the quarter ended 30th September, 2026PDF ↗
- Shareholders meetingSrutinizers report of Annual General Meeting held on September 30, 2026. Further, the company has informed the Exchange regarding voting resultsPDF ↗
- Shareholders meetingProceedings of Annual General Meeting held on September 30, 2026PDF ↗
- General UpdatesGeneral UpdatesPDF ↗
- General UpdatesGeneral UpdatesPDF ↗
- Trading WindowClosure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015PDF ↗
- Copy of Newspaper PublicationCopy of Newspaper PublicationPDF ↗
- Updates'AVSL Industries Limited has informed the Exchange regarding 'ANNUAL REPORT 2026 & DISPATCH OF AGM 2026 NOTICES.'PDF ↗
- Updates'AVSL Industries Limited has informed the Exchange that Register of Members & Share Transfer Books of the Company will remain closed from 20-Sep-2026 to 30-Sep-PDF ↗
- Shareholders meetingNotice of Annual General Meeting to be held on September 30, 2026PDF ↗
- Outcome of Board MeetingHeld on September 05, 2026PDF ↗
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Certificate under SEBI (Depositories and Participants) Regulations, 2018PDF ↗
AVSL Industries annual reports, earnings calls and documents
Every document links to its source; “read” marks those this page is built from
AVSL Industries share split, bonus and dividends
From the corporate actions the company announces on the exchange
No share split, bonus issue or dividend is on record since listing.
Checks we ran on AVSL Industries' data · 10
Before any number shows, it goes through the same checks. A figure that fails is held back, never shown as if it were right.
- iThe shares traded on only 5 days in the past year, so the price, its range and the returns here rest on few trades.
- ✓Balance sheet totals add up for FY25 and FY26.
- ✓Market cap uses the share count in the latest shareholding pattern (53,31,120 shares).
- ✓The share capital in the FY26 results matches the share count in the shareholding pattern.
- ✓Promoter pledge figures are within possible limits in every shareholding pattern shown.
- ✓Promoter and public holdings add up to 100% in every shareholding pattern shown.
- ✓The two half-years of FY26 add up to the full-year sales.
- ✓Earnings per share moves in line with profit across the years shown.
- ✓Revenue and profit are reported for every year shown, FY15 to FY26.
- iPrices run to the close on 1 Sept 2026, from the exchange's daily figures.
Questions people ask about AVSL Industries
What does AVSL Industries do?
AVSL Industries is an SME company listed on NSE Emerge, in industrial products.
What is the share price of AVSL Industries?
₹120 at the close on 1 Sept 2026, from the exchange's daily figures.
What is the market cap of AVSL Industries?
₹64 cr at the close on 1 Sept 2026, on 53,31,120 shares.
What is the P/E of AVSL Industries?
30.1 times FY26 profit at the close on 1 Sept 2026 (our arithmetic).
What are AVSL Industries' revenue and profit?
Revenue ₹150 cr and profit after tax ₹2 cr in FY26.
Who are the promoters of AVSL Industries?
The promoter group; promoters held 71.99% at 31 March 2026.
What is AVSL Industries' website?
www.avsl.co.in
More SME companies like AVSL Industries
Other listed SME companies in industrial products, the closest in size first, each read from its own documents.
- Vigor Plast IndiaVIGOR · NSE Emerge · Industrial Products · listed 2025Market cap ₹63 cr
- Swastika CastalSWASTIKAAL · BSE SME · Industrial ProductsMarket cap ₹63 cr
- Malpani Pipes And FittingsMALPANI · BSE SME · Industrial ProductsMarket cap ₹63 cr
- Bulkcorp InternationalBULKCORP · NSE Emerge · Industrial Products · listed 2024Market cap ₹60 cr
- Super Iron FoundrySUPERIRON · BSE SME · Industrial ProductsMarket cap ₹68 cr
- Marco Cables & ConductorsMARCO · NSE Emerge · Industrial Products · listed 2023Market cap ₹68 cr
Every listed SME company in Industrial Products → · SME companies listed in 2016 →
Built from 25 exchange announcements, 8 shareholding patterns and 12 years of reported results. Every figure carries its source; where the documents are silent, the page says so.