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Latest filing: 2026-08-21 16:11
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Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
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21 announcements match the current filters (relevance ≥ 5).
Avro India forfeits ₹1.50 Cr as 3.23 lakh promoter convertible warrants lapse
Avro India announced the lapse and forfeiture of 3,23,450 convertible warrants originally allotted to the promoter group on February 11, 2025, at an issue price of ₹185.50 per warrant (total value ₹6.00 Cr). The warrant holder failed to pay the remaining 75% consideration within the stipulated 18-month tenure ending August 10, 2026. Consequently, the 25% upfront subscription money amounting to ₹1.50 Cr has been forfeited by the company with effect from August 11, 2026. There is no change to the paid-up share capital, and the forfeited amount will be retained by the company.
Confidence: HIGH
What changedPromoter group failed to exercise 3.23 lakh convertible warrants within the 18-month window, resulting in the forfeiture of ₹1.50 Cr upfront payment to the company.
Why it mattersThe company retains ₹1.50 Cr in cash (equal to ~8.3% of its ₹18 Cr market cap) without equity dilution, although an anticipated remaining cash infusion of ₹4.50 Cr will no longer be realized.
Warrants lapsed: 3,23,450Issue price per warrant: ₹185.50/-Total warrant value: ₹5,99,99,975Amount forfeited: ₹1,49,99,993.75/-Forfeited amount vs Market Cap: ~8.3%
📅 Short termNeutral to slightly positive on cash retention of ₹1.50 Cr without share dilution, though non-conversion at ₹185.50 reflects prevailing market price levels.
📈 Long termLimited operational impact; the company will need internal cash flows or alternate fundraising avenues if additional growth capital is required for its recycling subsidiary.
⚠ Risk flags
- Foregone planned capital infusion of ₹4.50 Cr
Key Highlights
3,23,450 convertible warrants allotted to promoter group on February 11, 2025, have lapsed unexercised
Upfront 25% subscription money amounting to ₹1,49,99,993.75 forfeited by the company
Original total warrant issuance value was ₹5,99,99,975 at an issue price of ₹185.50 per warrant
Company capital structure remains unchanged with zero equity dilution from these warrants
👀 What to Watch
Track the accounting treatment of the ₹1.50 Cr forfeited amount in the upcoming quarterly financials and monitor management's alternate capital-raising plans if funding is required for expansion.
Q1 Standalone PAT Drops 34.8% YoY to ₹0.69 Cr; Revenue Grows 8.4% to ₹23.50 Cr
Avro India reported standalone revenue from operations of ₹23.50 Cr for the quarter ended June 30, 2026, representing an 8.4% YoY increase from ₹21.67 Cr in Q1 FY26. However, net profit fell 34.8% YoY to ₹0.69 Cr compared to ₹1.05 Cr in the same period last year due to higher operational and material expenses. Profit before tax declined 47.5% YoY to ₹0.75 Cr from ₹1.43 Cr. Additionally, the company transferred property, plant, and equipment worth ₹12.62 Cr to its wholly owned subsidiary, AVRO Recycling Limited, and forfeited ₹1.35 Cr from 4,24,361 lapsed warrants.
Confidence: HIGH
What changedAvro India released its Q1 financial results showing higher top-line revenue but sharp margin compression, along with completing an internal asset transfer of ₹12.62 Cr to its recycling subsidiary.
Why it mattersOperating profitability continues to contract despite single-digit revenue growth, reflecting cost sensitivity in the plastic furniture business.
Revenue from Operations (Q1): ₹2,349.75 lakhsNet Profit (PAT) (Q1): ₹68.72 lakhsAsset transfer to subsidiary: ₹1,261.98 lakhsWarrant forfeiture amount: ₹135.00 lakhs
📅 Short termEarnings decline of nearly 35% YoY is likely to keep sentiment subdued in the near term.
📈 Long termLong-term performance depends on successful scaling of regenerated polymer manufacturing under the recycling subsidiary to protect operating margins.
⚠ Risk flags
- Raw material input cost volatility squeezing profit margins
- Lapse of ~80% of warrants indicating investor unwillingness to convert at prevailing valuations
Key Highlights
Revenue from operations increased 8.4% YoY to ₹2,349.75 lakhs from ₹2,166.81 lakhs in Q1 FY26
Net profit (PAT) dropped 34.8% YoY to ₹68.72 lakhs vs ₹105.46 lakhs in the prior-year period
Transferred Property, Plant, and Equipment (including CWIP) worth ₹1,261.98 lakhs to wholly owned subsidiary AVRO Recycling Limited
Allotted 1,06,090 equity shares on warrant conversion, while 4,24,361 warrants lapsed, resulting in ₹135.00 lakhs forfeited
👀 What to Watch
Monitor whether raw material cost pressures stabilize and watch for operational progress and margin contribution from subsidiary AVRO Recycling Limited in upcoming quarters.
100% Shareholder Approval for Sale of Plant & Machinery to Avro Recycling Subsidiary
Avro India Limited's shareholders have unanimously approved a special resolution to sell a substantial portion of the company's plant and machinery to its subsidiary, Avro Recycling Limited. The resolution, passed at the EGM on June 30, 2026, saw 50,713,469 votes in favor, representing 100% of valid votes cast. This asset transfer is a strategic move to operationalize the recycling subsidiary, which is central to the company's circular economy growth strategy. While the filing confirms the mandate, the specific transaction value and its immediate impact on the parent's TTM revenue of Rs 95 Cr remain to be detailed.
Confidence: HIGH
What changedThe company has received formal shareholder authorization to transfer a significant portion of its manufacturing assets to its new subsidiary, Avro Recycling Limited.
Why it mattersThis represents a major internal restructuring to focus on the 'circular economy' model; the success of the company's projected 22.7% growth rate depends heavily on the operationalization of this recycling unit.
Votes in Favour: 50,713,469Total Valid Votes: 50,713,638TTM Revenue: Rs 95 CrNet Worth: Rs 89 CrTransaction Value: not disclosed
📅 Short termNeutral. The market will likely wait for the financial terms of the sale to assess if the transfer is book-value neutral or involves any gain/loss for the parent company.
📈 Long termStrategic. Moving assets to a dedicated recycling subsidiary aligns with the company's goal to use regenerated polymers, which could improve long-term resource efficiency and brand differentiation.
⚠ Risk flags
- Related-party asset transfer
- Transaction value not disclosed
- Potential reduction in parent company's direct manufacturing capacity
Key Highlights
Special resolution passed to sell substantial plant and machinery to subsidiary Avro Recycling Limited.
100% of valid votes (50,713,469 shares) were cast in favor of the asset transfer.
A total of 48 members participated in the voting process via remote e-voting and EGM e-voting.
The transaction follows the incorporation of the recycling subsidiary on May 14, 2025.
The EGM was concluded within 41 minutes, with e-voting results finalized on the same day.
👀 What to Watch
Watch for subsequent disclosures regarding the valuation of the asset transfer and how the segregation of manufacturing assets affects the parent company's standalone margins versus the subsidiary's performance.
Avro India Receives NSE and BSE Approval to List 10.6 Lakh Equity Shares
Avro India Limited has received the final regulatory approvals from both the National Stock Exchange (NSE) and BSE Limited for the listing of 10,60,900 equity shares. These shares, with a face value of Rs. 10 each, were issued to non-promoters on a preferential basis. The NSE provided in-principle approval on June 15, 2026, while BSE granted its approval on June 17, 2026. This step marks the completion of the regulatory process for this specific capital issuance, allowing the new shares to be traded on the exchanges.
Key Highlights
Approval granted for listing 10,60,900 equity shares of Rs. 10 each
Shares were issued to non-promoters on a preferential allotment basis
NSE in-principle approval received via letter NSE/LIST/54992 dated June 15, 2026
BSE approval received via letter LOD/PREF/RB/FIP/399/2026-27 dated June 17, 2026
Listing approval is valid for seven working days from the date of grant
👀 What to Watch
Investors should monitor the impact of equity dilution on earnings per share (EPS) and track the company's utilization of the funds raised through this preferential issue.
Avro India to Sell Recycling Plant Assets to Subsidiary; EGM Set for June 30, 2026
Avro India Limited has convened an Extraordinary General Meeting (EGM) on June 30, 2026, to seek shareholder approval for selling a substantial portion of its plant and machinery. The assets, specifically the recycling plant located in Ghaziabad, are to be sold to the company's wholly-owned subsidiary, Avro Recycling Limited, on a going concern basis. The transaction value will be determined based on a fair value report from a Registered Valuer as of the EGM date. This internal restructuring requires a special resolution from the shareholders.
Key Highlights
Proposed sale of substantial recycling plant and machinery to wholly-owned subsidiary Avro Recycling Limited.
EGM scheduled for June 30, 2026, at 1:00 PM IST via video conferencing.
Cut-off date for e-voting eligibility is June 23, 2026, with remote voting open from June 27 to June 29.
Transaction to be executed on a going concern basis following an agreement dated June 06, 2026.
Valuation to be finalized by a Registered Valuer to ensure fair pricing of the asset transfer.
👀 What to Watch
Investors should monitor the final valuation of the asset transfer and the management's strategic rationale for segregating the recycling business into a separate subsidiary.
Avro India to Sell Plant & Machinery to Subsidiary Avro Recycling at Fair Value
Avro India Limited has announced that its Board of Directors approved the sale of specific plant and machinery to its wholly-owned subsidiary, Avro Recycling Limited. The transaction is scheduled to occur on June 30, 2026, and will be executed at fair market value. This internal asset transfer is subject to the final approval of the company's shareholders. While the consolidated financial position remains unchanged, this move indicates a strategic reallocation of assets toward its recycling business unit.
Key Highlights
Board approved the sale of plant and machinery to 100% subsidiary Avro Recycling Limited.
The transaction is slated for completion on June 30, 2026, at fair value.
The sale is contingent upon receiving approval from the company's shareholders.
The decision was finalized in a board meeting held on June 6, 2026, between 3:00 PM and 3:59 PM.
👀 What to Watch
Investors should monitor upcoming shareholder notices for details on asset valuation and the strategic rationale behind moving these assets to the recycling subsidiary.
Avro India Signs MoU with SODES for Plastic Waste Management in 2,50,000 Gram Panchayats
Avro India Limited has entered into a Memorandum of Understanding (MoU) with the Society of Digital Entrepreneurs (SODES) to implement 'Project Suddh'. This initiative aims to develop and deploy scalable rural plastic waste management systems across 2,50,000 gram panchayats throughout India. The agreement establishes a framework for commercial cooperation, technology deployment, and logistics coordination, marking a significant entry into large-scale sustainability projects.
Key Highlights
MoU signed with Society of Digital Entrepreneurs (SODES) on May 22, 2026.
Project Suddh targets plastic waste management infrastructure in 2,50,000 gram panchayats.
Framework includes commercial cooperation, technology deployment, and logistics coordination.
Strategic move to expand the company's footprint in rural India through sustainability initiatives.
👀 What to Watch
Investors should monitor the company's upcoming quarterly reports for details on the financial outlay and revenue model associated with this massive rural project. The scale of 2.5 lakh panchayats indicates significant long-term growth potential in the ESG and waste management space.
AVRO India FY26 Net Profit Jumps 38% to ₹4.21 Cr; Revenue Up 16% YoY
AVRO India Limited reported a robust financial performance for the fiscal year ended March 31, 2026, with annual revenue growing 16.2% to ₹9,099.23 Lakhs. Net profit for the full year surged by 38.3% to ₹420.71 Lakhs compared to ₹304.22 Lakhs in the previous year. The fourth quarter (Q4 FY26) also showed strong momentum, with net profit rising 67.6% year-on-year to ₹86.34 Lakhs. Furthermore, the company successfully implemented a 10-for-1 stock split in May 2026 to enhance market liquidity.
Key Highlights
Annual Revenue from Operations increased to ₹9,099.23 Lakhs in FY26 from ₹7,832.48 Lakhs in FY25.
Full-year Net Profit grew significantly to ₹420.71 Lakhs, representing a 38.3% year-on-year increase.
Q4 FY26 Net Profit stood at ₹86.34 Lakhs, a sharp rise from ₹51.51 Lakhs in Q4 FY25.
The company completed a stock split from a face value of ₹10 to ₹1 per share, effective May 05, 2026.
Total Comprehensive Income for the year improved to ₹409.06 Lakhs from ₹292.51 Lakhs in the prior year.
👀 What to Watch
Investors should view the strong bottom-line growth and successful stock split as positive indicators of scaling efficiency; monitor the stock for increased liquidity following the split.
AVRO India Sets May 5, 2026, as Record Date for 1:10 Stock Split
AVRO India Limited has officially fixed May 5, 2026, as the record date for its stock subdivision. The company will split its existing equity shares from a face value of Rs. 10 into ten shares with a face value of Rs. 1 each. This corporate action is designed to enhance the liquidity of the stock in the secondary market by making it more accessible to retail investors. Shareholders must hold the stock by the record date to be eligible for the increased share count.
Key Highlights
Record date for the stock split is Tuesday, May 05, 2026
Subdivision ratio of 1:10 (1 share of Rs. 10 FV becomes 10 shares of Rs. 1 FV)
Intimation provided under Regulation 42 of SEBI (LODR) Regulations
Aims to improve trading liquidity and retail participation in the stock
👀 What to Watch
Existing shareholders do not need to take any action as the split will be processed automatically; however, be aware that the market price will adjust downward by a factor of 10 on the ex-split date.
AVRO India Shareholders Approve 1:10 Stock Split and New Articles of Association
AVRO India Limited's shareholders have officially approved a 1:10 stock split during the Extraordinary General Meeting held on April 18, 2026. The face value of each equity share will be subdivided from Rs. 10 to Rs. 1 to enhance liquidity and retail participation. Additionally, the meeting saw the approval of a new set of Articles of Association and an amendment to the Capital Clause of the Memorandum of Association. All resolutions were passed with an overwhelming majority, with 99.999% of votes cast in favor.
Key Highlights
Approved 1:10 stock split, reducing face value from Rs. 10 to Rs. 1 per equity share
Stock split resolution received 5,399,440 votes in favor and only 1 vote against
Shareholders approved the adoption of a new set of Articles of Association aligned with the Companies Act, 2013
A total of 5,399,441 valid votes were polled across 23 participating members via remote and EGM e-voting
👀 What to Watch
Investors should monitor for the announcement of the record date for the stock split, which will increase the number of shares held while proportionally reducing the market price. No immediate action is required as the split will be processed automatically by the depository.
AVRO India Allots 1.06 Lakh Shares on Warrant Conversion; Forfeits 4.24 Lakh Lapsed Warrants
AVRO India Limited has allotted 1,06,090 equity shares at an issue price of Rs. 127.25 per share following the exercise of convertible warrants by non-promoter investors. While this results in a minor capital infusion, the company also announced the forfeiture of 4,24,361 warrants as holders failed to pay the remaining 75% balance within the stipulated 18-month period. The 25% upfront payment previously received for these lapsed warrants will be retained by the company, providing a small boost to reserves. Consequently, the paid-up equity capital has increased to Rs. 13.41 crore.
Key Highlights
Allotment of 1,06,090 equity shares at an issue price of Rs. 127.25 per share.
Forfeiture of 25% upfront money on 4,24,361 lapsed warrants due to non-payment of balance.
Total paid-up equity share capital increased from 1,33,11,050 to 1,34,17,140 shares.
The conversion involves four non-promoter individuals, including Sunil Duggal and Santosh Kumar Pandey.
The newly allotted shares will rank pari-passu with existing equity shares.
👀 What to Watch
Investors should monitor the stock's market price relative to the conversion price of Rs. 127.25, as the high lapse rate of warrants suggests a lack of incentive for the majority of holders. The forfeited amount is a one-time accounting gain for the company's reserves but does not impact operational cash flow.
Avro India Issues EGM Corrigendum; RPT Guarantee Value at 371.56% of Turnover
Avro India Limited has issued a corrigendum to its Extraordinary General Meeting (EGM) notice scheduled for March 30, 2026. The meeting seeks shareholder ratification for material related party transactions involving personal guarantees of ₹21.08 Crores provided by promoters to IDFC First Bank. The corrigendum clarifies that this transaction value represents a substantial 371.56% of the company's turnover for the preceding financial year. This update provides necessary regulatory clarity on the scale of promoter support relative to the company's financials.
Key Highlights
Ratification of personal guarantees worth ₹21.08 Crores provided by promoters to IDFC First Bank.
Transaction value represents 371.56% of the company's turnover for the immediate preceding financial year.
The corrigendum updates the counter-party's annual consolidated turnover representation to 10.35%.
Promoters involved include Mr. Sushil Kumar Aggarwal, Mrs. Anita Aggarwal, and associated HUFs.
EGM is scheduled to be held on March 30, 2026, at 01:00 PM via Video Conferencing.
👀 What to Watch
Investors should note the high level of promoter support required for the company's credit facilities and ensure the EGM resolutions are passed to maintain regulatory compliance. The high guarantee-to-turnover ratio indicates a significant reliance on promoter backing for the company's current scale.
Avro India Announces 1:10 Stock Split; EGM Scheduled for April 18, 2026
Avro India Limited has issued a notice for an Extraordinary General Meeting (EGM) to be held on April 18, 2026, primarily to seek approval for a 1:10 stock split. The proposal involves sub-dividing each equity share of face value Rs. 10 into ten equity shares of face value Rs. 1 each. This corporate action aims to enhance market liquidity and make the shares more accessible to retail investors. The company will also seek approval to adopt a new set of Articles of Association and amend the Capital Clause of its Memorandum of Association.
Key Highlights
Proposed sub-division of 1 equity share of face value Rs. 10 into 10 equity shares of face value Rs. 1 each.
Authorized Share Capital remains at Rs. 15 Crores, but total shares will increase from 1.5 Crore to 15 Crore.
EGM scheduled for April 18, 2026, with a cut-off date of April 11, 2026, for e-voting eligibility.
Outstanding convertible warrants will be adjusted proportionally to maintain total economic entitlement post-split.
👀 What to Watch
Investors should monitor the upcoming EGM results and the subsequent announcement of the record date for the split. The move is likely to increase liquidity and lower the per-share price, potentially attracting more retail participation.
AVRO India Announces 1:10 Stock Split to Enhance Liquidity
AVRO India's Board has approved a sub-division of its equity shares from a face value of Rs. 10 to Rs. 1 per share, resulting in a 1:10 stock split. This corporate action is intended to improve market liquidity and make the shares more affordable for retail investors. The company's authorized share capital will be adjusted to 15 crore shares of Rs. 1 each, while the paid-up capital will increase to 13.31 crore shares. An Extraordinary General Meeting (EGM) is scheduled for April 18, 2026, to obtain necessary shareholder approvals.
Key Highlights
Approved 1:10 stock split, reducing face value from Rs. 10 to Rs. 1 per share
Post-split paid-up share capital will increase from 1,33,11,050 to 13,31,10,500 equity shares
Authorized share capital maintained at Rs. 15 Crores, now divided into 15 Crore shares
Extraordinary General Meeting (EGM) to be held on April 18, 2026, for shareholder approval
Split process expected to be completed within 2 months of receiving shareholder consent
👀 What to Watch
Investors should note that while the split increases the number of shares held, it does not change the company's valuation or fundamentals. Monitor the upcoming EGM results and the subsequent announcement of the record date for the split.
AVRO India Announces 1:10 Stock Split to Enhance Liquidity
AVRO India's Board of Directors has approved a 1:10 stock split, sub-dividing each equity share of face value Rs. 10 into 10 equity shares of face value Re. 1. This move will increase the total number of paid-up equity shares from 1,33,11,050 to 13,31,10,500. The company aims to enhance market liquidity and make the stock more affordable for retail participants. An Extraordinary General Meeting (EGM) is scheduled for April 18, 2026, to obtain shareholder approval for this corporate action.
Key Highlights
Approved 1:10 stock split, reducing face value from Rs. 10 to Re. 1 per share
Paid-up share capital count to increase from 1.33 crore to 13.31 crore shares
Authorised share capital remains at Rs. 15 crore, restructured into 15 crore shares of Re. 1 each
Extraordinary General Meeting (EGM) scheduled for April 18, 2026, for shareholder voting
Expected completion of the split process within two months of shareholder approval
👀 What to Watch
Investors should monitor the record date announcement following the EGM on April 18. While the split increases share count and improves liquidity, it does not change the fundamental value of the company.
Avro India Board to Consider Stock Split on March 25, 2026
Avro India Limited has announced a Board of Directors meeting scheduled for March 25, 2026, to consider and approve a sub-division or split of the company's equity shares. Following this announcement, the trading window for dealing in the company's securities has been closed from March 21, 2026. The closure will remain in effect until 48 hours after the conclusion of the board meeting. Stock splits are generally intended to increase liquidity and make shares more affordable for retail investors.
Key Highlights
Board meeting scheduled for March 25, 2026, at 01:00 p.m. to discuss equity share sub-division.
Trading window closed effective from March 21, 2026, as per SEBI Insider Trading regulations.
Trading restriction applies to all designated persons and their immediate relatives until 48 hours post-meeting.
The proposal aims to potentially increase the liquidity of AVROIND shares on the NSE and BSE.
👀 What to Watch
Investors should monitor the outcome of the March 25 meeting for the specific split ratio, which may improve market liquidity and retail accessibility.
AVRO India Sets Record Processing 3 Lakh+ Cement Bags in 24 Hours; Recognized by Asia Book of Records
AVRO India Limited has achieved a major operational milestone by processing over 3,00,000 cement bags within a 24-hour period at its recycling facility. This achievement has been officially recognized by both the Asia Book of Records and the India Book of Records, establishing the company as a leader in flexible plastic recycling. The company utilizes Asia’s largest fully automatic flexible plastic washing plant to recycle difficult materials like woven sacks and jumbo bags. This technological capability allows AVRO to replace virgin polymer costing approximately ₹100/kg while significantly reducing greenhouse gas emissions.
Key Highlights
Processed over 3,00,000 cement bags in a single 24-hour period on March 10, 2026
Recognized by Asia Book of Records and India Book of Records as the only company in Asia to reach this benchmark
Operates Asia’s largest fully automatic flexible plastic washing plant for complex waste recycling
Reduces nearly 2.5 kg of greenhouse gas emissions per kg of recycled plastic produced
Replaces virgin polymer worth ₹100/kg, offering significant cost-saving potential and import substitution
👀 What to Watch
Investors should view this as a validation of the company's technological moat in the high-growth recycling and circular economy sector. Monitor how this operational efficiency and record-breaking capacity utilization translate into improved margins and revenue in upcoming quarterly results.
Avro India Launches 'Operation Shuddhi' Targeting ₹50,000 Crore Circular Economy
Avro India Limited has officially launched 'Operation Shuddhi', a nationwide initiative aimed at transforming plastic waste into a circular economy resource. The company targets engaging 500,000 citizens and catalyzing ₹50,000 crore in economic activity through recycling and repurposing. To support this mission, the company introduced a dedicated website and a Recycling App to manage the collection ecosystem across schools, hospitals, and industries. This move aligns the company with national sustainability goals and explores new revenue streams in the waste-to-wealth sector.
Key Highlights
Launched 'Operation Shuddhi' on March 10, 2026, to build a nationwide plastic recycling ecosystem.
Aims to engage 5,00,000 citizens to create a ₹50,000 Crore circular economy activity.
Introduced a new Recycling App and website to mobilize volunteers and streamline plastic collection.
Targeting large-scale livelihood generation by connecting hotels, religious institutions, and markets for waste repurposing.
👀 What to Watch
Investors should monitor the adoption rate of the new Recycling App and how the company plans to monetize this ecosystem. While the initiative significantly boosts the company's ESG profile, its direct impact on the bottom line will depend on the scale of the collection network.
Avro India EGM on March 30 to Ratify ₹21.08 Crore Promoter Personal Guarantees
Avro India Limited has convened an Extraordinary General Meeting (EGM) on March 30, 2026, to seek shareholder ratification for a material related party transaction. The transaction involves personal guarantees totaling ₹21.08 Crores provided by the company's promoters and their HUFs to IDFC First Bank Limited. These guarantees are intended to secure credit facilities for the company and are reported to be on an arm's length basis. The e-voting period for shareholders is set between March 27 and March 29, 2026.
Key Highlights
EGM scheduled for March 30, 2026, to ratify promoter guarantees for bank loans.
Total guarantee amount involved is ₹21.08 Crores provided to IDFC First Bank Limited.
Guarantors include Chairman Sushil Kumar Aggarwal, Managing Director Sahil Aggarwal, and other family entities.
Cut-off date for e-voting eligibility is March 23, 2026.
Remote e-voting window opens March 27, 2026, and closes March 29, 2026.
👀 What to Watch
Investors should note the promoter's financial commitment to the company's debt obligations; ensure participation in e-voting if holding shares by the cut-off date.
Avro India Q3 Standalone PAT at ₹1.07 Cr; Revenue Up 15.6% QoQ
Avro India Limited reported a standalone revenue of ₹24.29 crore for the quarter ended December 31, 2025, marking a 15.6% growth over the preceding quarter. Standalone net profit for Q3 stood at ₹1.07 crore, showing a slight sequential decline from ₹1.22 crore in Q2 FY26 due to increased raw material and other operating expenses. On a nine-month basis, the company demonstrated strong performance with standalone PAT rising 32.3% year-on-year to ₹3.34 crore. The company also presented consolidated results for the first time, reflecting the impact of its new subsidiary, Avro Recycling Limited, which helped push consolidated PAT to ₹1.36 crore for the quarter.
Key Highlights
Standalone Revenue from Operations increased to ₹2,428.70 Lacs in Q3 FY26 from ₹2,100.38 Lacs in Q2 FY26.
Standalone Net Profit for 9M FY26 grew to ₹334.37 Lacs compared to ₹252.69 Lacs in 9M FY25.
Consolidated Net Profit for Q3 FY26 stood at ₹135.57 Lacs, benefiting from the newly formed subsidiary Avro Recycling Limited.
Other income included a significant sales commission of ₹234.42 Lacs for the quarter ended December 2025.
Cost of materials consumed rose significantly to ₹1,601.23 Lacs in Q3 from ₹1,329.52 Lacs in the previous quarter.
👀 What to Watch
Investors should monitor the margin profile as raw material costs have risen, while also tracking the scaling of the new recycling subsidiary. The stock remains a watch for growth in the organized furniture and recycling sectors.
