AVSL Industries (AVSL)₹119.700.00%Plastic Products - Industrial
In the Mar 2026 quarter (standalone), AVSL Industries reported sales of ₹73.16 Cr, up 4.2% from Mar 2025, and net profit of ₹0.99 Cr, up 0.0% year on year. For the year to Mar 2026, sales were ₹150 Cr and net profit ₹1.99 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 51.16 | 61.18 | 76.17 | 69.17 | 70.21 | 77.28 | 73.16 |
| Expenses | 48.87 | 58.83 | 70.75 | 57.87 | 65.85 | 63.82 | 68.85 |
| Operating Profit | 1.99 | 1.99 | 4.99 | 10.99 | 4.99 | 11.99 | 4.99 |
| OPM % | 3.8% | 3.2% | 7.0% | 15.9% | 7.0% | 15.9% | 6.0% |
| Other Income | 0.99 | 0.00 | 0.00 | 0.99 | 0.99 | 0.00 | 0.99 |
| Interest | 0.99 | 0.99 | 1.99 | 0.99 | 2.01 | 1.99 | 1.99 |
| Depreciation | 1.01 | 1.01 | 1.01 | 9.03 | 2.01 | 9.02 | 2.01 |
| Profit before tax | 0.00 | 0.99 | 1.99 | 0.99 | 1.99 | 1.99 | 0.99 |
| Tax % | 0.0% | 39.0% | 27.0% | 23.0% | 28.0% | 36.0% | 35.0% |
| Exceptional items | −0.17 | 0.00 | −0.16 | −0.03 | 0.00 | −0.06 | −0.07 |
| Net Profit | 0.00 | 0.00 | 1.99 | 0.99 | 0.99 | 0.99 | 0.99 |
| EPS (Rs) | 0.65 | 0.85 | 3.33 | 2.07 | 2.65 | 1.90 | 1.68 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 14.03 | 67.24 | 78.24 | 102 | 84.21 | 82.20 | 82.22 | 100 | 101 | 137 | 139 | 150 |
| Expenses | 13.96 | 67.83 | 77.84 | 97.72 | 80.73 | 75.77 | 74.75 | 90.73 | 97.74 | 130 | 131 | 140 |
| Operating Profit | 0.00 | −0.99 | 0.00 | 2.99 | 2.99 | 5.99 | 6.99 | 9.99 | 3.99 | 6.99 | 7.99 | 9.99 |
| OPM % | −0.4% | −1.3% | 0.4% | 3.4% | 3.9% | 8.0% | 9.0% | 9.9% | 3.6% | 5.0% | 6.0% | 6.0% |
| Other Income | 0.00 | 1.99 | 1.99 | 0.99 | 1.99 | 0.99 | 2.99 | 0.99 | 0.99 | 0.99 | 1.99 | 0.99 |
| Interest | 0.00 | 0.00 | 0.99 | 0.99 | 1.01 | 0.99 | 0.99 | 0.99 | 1.99 | 2.99 | 4.01 | 3.99 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 1.01 | 1.01 | 2.01 | 2.01 | 3.01 | 3.01 |
| Profit before tax | 0.00 | 0.00 | 0.99 | 2.99 | 2.99 | 5.98 | 7.97 | 7.97 | 0.99 | 2.99 | 2.99 | 2.99 |
| Tax % | 40.0% | 32.1% | 37.0% | 31.0% | 33.0% | 29.0% | 27.0% | 27.0% | 9.0% | 30.0% | 26.0% | 28.0% |
| Exceptional items | 0.00 | 0.00 | −0.04 | 0.00 | 0.03 | −0.05 | 0.00 | −0.15 | −0.21 | −0.03 | 0.04 | −0.13 |
| Net Profit | 0.00 | 0.00 | 0.99 | 1.99 | 1.99 | 3.99 | 5.98 | 5.98 | 0.99 | 1.99 | 2.99 | 1.99 |
| EPS (Rs) | 0.92 | 0.48 | 1.34 | 4.35 | 4.24 | 7.87 | 10.94 | 11.01 | 0.95 | 4.19 | 4.74 | 3.98 |
| 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% |
| 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 | 0.31 | 3.99 | 4.99 | 4.99 | 4.99 | 4.99 | 4.99 | 4.99 | 4.99 | 4.99 | 4.99 | 4.99 |
| Reserves | 2.99 | 1.99 | 6.98 | 8.97 | 10.97 | 14.96 | 20.93 | 26.94 | 27.91 | 29.90 | 31.91 | 34.90 |
| Borrowings | 0.00 | 8.99 | 11.99 | 13.01 | 7.01 | 18.99 | 19.99 | 23.01 | 33.99 | 34.99 | 40.01 | 40.01 |
| Other Liabilities | 11.02 | 24.04 | 22.01 | 23.01 | 24.00 | 27.99 | 20.03 | 20.00 | 9.05 | 19.99 | 19.99 | 24.02 |
| Total Liabilities | 15.00 | 39.01 | 45.97 | 50.98 | 47.97 | 67.93 | 66.94 | 75.94 | 75.94 | 90.87 | 97.90 | 104 |
| Fixed Assets | 2.99 | 2.99 | 3.99 | 4.99 | 5.98 | 18.92 | 21.93 | 25.91 | 28.91 | 30.88 | 34.86 | 34.87 |
| 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 |
| 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 |
| Other Assets | 12.01 | 37.02 | 41.98 | 45.99 | 41.99 | 48.01 | 45.01 | 50.03 | 48.03 | 59.99 | 63.04 | 69.05 |
| Inventories | 5.19 | 11.43 | 4.97 | 3.40 | 6.98 | 9.31 | 10.40 | 15.98 | 17.75 | 18.09 | 16.99 | 24.25 |
| Trade receivables | 4.34 | 22.48 | 31.71 | 39.10 | 31.37 | 31.93 | 28.56 | 27.09 | 25.00 | 37.52 | 36.32 | 37.35 |
| Cash & equivalents | 1.19 | 1.06 | 0.95 | 2.02 | 0.91 | 0.16 | 0.68 | 0.59 | 0.09 | 0.65 | 0.82 | 0.86 |
| Total Assets | 15.00 | 39.01 | 45.97 | 50.98 | 47.97 | 67.93 | 66.94 | 75.94 | 75.94 | 90.87 | 97.90 | 104 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 0.99 | −9.99 | −5.99 | 2.99 | 7.99 | 2.99 | 3.99 | 4.01 | −4.99 | 5.99 | 5.99 | 6.99 |
| Cash from investing activity | 0.00 | 0.00 | −2.01 | −2.01 | −1.99 | −14.01 | −4.01 | −5.01 | −4.01 | −4.01 | −7.01 | −4.01 |
| Cash from financing activity | 0.00 | 10.01 | 7.01 | 0.00 | −7.02 | 11.02 | 0.00 | 1.01 | 9.01 | −2.01 | 2.01 | −3.01 |
| Net cash flow | 1.01 | 0.00 | 0.00 | 1.01 | −1.01 | −1.01 | 1.01 | 0.00 | 0.00 | 1.01 | 0.00 | 0.00 |
| Capex | 0.14 | 0.04 | 1.93 | 0.62 | 2.24 | 14.02 | 3.80 | 5.13 | 5.93 | 4.17 | 7.54 | 3.87 |
| Free cash flow | 1.01 | −10.02 | −8.02 | 2.01 | 6.01 | −11.03 | 0.00 | −2.01 | −10.03 | 2.01 | −1.01 | 3.01 |
| CFO / OP % | −2,240.0% | 1,198.0% | −1,832.0% | 102.0% | 288.0% | 76.0% | 82.0% | 58.9% | −144.0% | 104.9% | 88.0% | 71.9% |
| 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 | 113 | 122 | 147 | 139 | 135 | 141 | 126 | 98 | 89 | 99 | 94 | 90 |
| Inventory days | 156 | 67 | 24 | 13 | 35 | 53 | 59 | 76 | 81 | 63 | 58 | 81 |
| Days payable | 310 | 139 | 102 | 84 | 114 | 138 | 87 | 74 | 26 | 51 | 50 | 61 |
| Cash conversion cycle | −40 | 51 | 70 | 69 | 57 | 57 | 98 | 101 | 145 | 112 | 103 | 110 |
| Working capital days | −18 | 11 | 30 | 27 | 39 | 31 | 35 | 28 | 15 | 9 | 6 | 12 |
| ROCE % | 2.0% | 7.0% | 11.0% | 18.0% | 18.0% | 22.0% | 21.1% | 19.0% | 5.0% | 9.0% | 9.0% | 9.0% |
For the Mar 2026 quarter, AVSL Industries reported sales of ₹73.16 Cr, up 4.2% year on year and net profit of ₹0.99 Cr, up 0.0% year on year. The operating margin was 6.0%.
AVSL Industries' sales for the year to Mar 2026 were ₹150 Cr.
Net profit for the year to Mar 2026 was ₹1.99 Cr. Earnings per share over the same trailing period were ₹3.98.
AVSL Industries reported borrowings of ₹40.01 Cr at Mar 2026, against cash and equivalents of ₹0.86 Cr.
Cash from operations was ₹6.99 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹3.01 Cr.