Avi Products India Ltd (523896)
Latest quarterly results (Q4 FY26)
In its latest reported quarter, Q4 FY26, Avi Products' revenue was ₹0.1 Cr (-95.1% year on year, -75.8% on the previous quarter), and net profit ₹-0.6 Cr (against a profit a year earlier); the operating margin was -775.0%.
| Q4 FY26 (₹ Cr) | Value | YoY vs Q4 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹0.1 | -95.1% | -75.8% |
| Operating profit | ₹-0.6 | to loss | loss widened |
| Net profit | ₹-0.6 | to loss | loss widened |
| EPS (₹) | -1.72 | to loss | loss widened |
| Operating margin | -775.0% | — | — |
📢 Recent Corporate Announcements
Avi Products India Limited has submitted its Annual Report for FY 2025-26 along with the Notice for its 37th Annual General Meeting (AGM). The AGM is scheduled to be held virtually on September 24, 2026, with remote e-voting running from September 21 to September 23, 2026. Key agenda items include the adoption of FY26 audited financial statements and the appointment of M/s S A R A & Associates as statutory auditors for a 5-year term. The company reported zero contingent liabilities as of March 31, 2026.
- 37th Annual General Meeting scheduled for September 24, 2026, at 12:15 PM IST via video conferencing.
- Remote e-voting period opens on September 21, 2026 (9:00 AM) and closes on September 23, 2026 (5:00 PM).
- Proposal to appoint M/s S A R A & Associates as Statutory Auditors for a term of 5 years.
- Company disclosed zero contingent liabilities as on March 31, 2026.
Avi Products India Limited has submitted its Annual Report for FY 2025-2026 and announced its 37th Annual General Meeting (AGM) to be held on September 24, 2026, via video conferencing. The remote e-voting window will commence on September 21, 2026 (9:00 AM) and end on September 23, 2026 (5:00 PM). Key agenda items include adoption of FY26 standalone financial statements and the appointment of M/s S A R A & Associates as Statutory Auditors for a 5-year term. The company reported FY26 net loss of ₹1.94 Cr on revenue of ₹1.18 Cr against a market capitalization of ₹17 Cr.
- 37th Annual General Meeting scheduled for September 24, 2026 at 12:15 PM IST via video conferencing
- Remote e-voting open from September 21, 2026 (9:00 AM) to September 23, 2026 (5:00 PM)
- Proposed appointment of M/s S A R A & Associates, Chartered Accountants, as Statutory Auditors for a 5-year term
- Company disclosed zero contingent liabilities as on March 31, 2026
Avi Products India Limited has announced the closure of its Register of Members and Share Transfer Books from September 18, 2026, to September 24, 2026 (both days inclusive) for its 37th Annual General Meeting (AGM). The company has fixed September 17, 2026, as the cut-off date to determine shareholder eligibility for remote e-voting. This is a routine statutory and compliance intimation pursuant to Regulation 42 of SEBI LODR Regulations.
- Book closure scheduled from September 18, 2026 to September 24, 2026 (both days inclusive)
- Cut-off date for remote e-voting set as Thursday, September 17, 2026
- Book closure conducted for the purpose of the 37th Annual General Meeting
- Applies to equity shares with paid-up value of Rs. 10/- each
Avi Products India Limited has approved the convening of its 37th Annual General Meeting (AGM) on Thursday, September 24, 2026, via video conferencing. The company fixed the book closure period from September 18 to September 24, 2026, for AGM purposes. Remote e-voting will run from September 21, 2026 (9:00 AM) to September 23, 2026 (5:00 PM). The board also approved the FY 2025-26 Annual Report and appointed Aparna Tripathi & Associates as the e-voting scrutinizer.
- 37th Annual General Meeting scheduled for Thursday, September 24, 2026 at 12:15 PM IST via VC/OAVM
- Remote e-voting open from September 21, 2026 (9:00 AM) to September 23, 2026 (5:00 PM)
- Share transfer register closed from September 18, 2026 to September 24, 2026 (both days inclusive)
- Aparna Tripathi & Associates appointed as scrutinizer for the AGM e-voting process
Avi Products India Ltd has scheduled a meeting of its Board of Directors on Monday, August 24, 2026. The board will convene to determine the date, time, and book closure dates for the upcoming Annual General Meeting (AGM) for FY 2025-26. Additionally, the board will approve the AGM notice, the Board's Report for the year ended March 31, 2026, and appoint an e-voting scrutinizer. This is a routine administrative compliance filing with no immediate financial or operational impact.
- Board meeting scheduled for Monday, August 24, 2026
- Agenda includes fixing the date, time, and book closure for the FY 2025-2026 AGM
- Approval of Notice of AGM and Board's Report for the financial year ended March 31, 2026
- Appointment of scrutinizer for conducting e-voting at the AGM
Avi Products India has announced a significant leadership transition, appointing Parthh Kaushik Mehta as Managing Director for a five-year term effective August 5, 2026. This appointment follows an explicit 'change of control and management' of the company. The outgoing MD, Avinash Vora, will transition to an Executive Non-Independent Director role and is purchasing company-owned vehicles for ₹5.24 lakh. These changes occur against a backdrop of weak financials, with the company reporting a TTM revenue of just ₹1 Cr and a net loss of ₹2 Cr.
- Appointment of Parthh Kaushik Mehta as Managing Director for a 5-year term until August 2031
- Re-designation of promoter Avinash Vora from Managing Director to Executive Non-Independent Director
- Sale of company-owned cars to the outgoing MD/promoter for a consideration of ₹5,23,660
- The company explicitly cited 'Change of Control and Management' as the reason for the new MD appointment
- The car sale transaction represents approximately 5.2% of the company's TTM revenue of ₹1 Cr
Avi Products India Ltd has undergone a leadership transition following a change in corporate control and management. Mr. Parthh Kaushik Mehta, a real estate professional with 18 years of experience, has been appointed as Managing Director for a 5-year term effective August 05, 2026. The outgoing MD, Mr. Avinash Vora, will remain on the board as an Executive Non-Independent Director. Additionally, the company is divesting its vehicles to Mr. Vora for Rs 5.23 lakh, a transaction expected to conclude by October 31, 2026.
- Appointment of Mr. Parthh Kaushik Mehta as Managing Director for a 5-year term until August 2031
- Leadership change is explicitly attributed to a 'change of Control and Management' of the company
- Sale of company-owned cars to outgoing MD/Promoter for Rs 5,23,660
- Company reported a net loss of Rs 1.94 crore in FY26 against a total revenue of only Rs 1.18 crore
- New MD brings 18 years of experience primarily in real estate strategy and fundraising
Avi Products India Ltd has announced a significant leadership transition, appointing Mr. Parthh Kaushik Mehta as Managing Director for a five-year term effective August 05, 2026. This move follows a stated change in the control and management of the company. The outgoing Managing Director, Mr. Avinash Vora, will remain on the board as an Executive Non-Independent Director. Additionally, the company approved the sale of its cars to Mr. Vora for Rs 5.23 lakh, a related-party transaction expected to close by October 31, 2026.
- Mr. Parthh Kaushik Mehta appointed as Managing Director for a 5-year term until August 2031.
- Mr. Avinash Vora re-designated from MD to Executive Non-Independent Director for a 5-year term.
- Sale of company-owned cars to promoter Avinash Vora for a consideration of Rs 5,23,660.
- Management change is explicitly linked to a 'change of control' in the company.
- Company reported a TTM revenue of only Rs 1 Cr and a net loss of Rs 2 Cr for the trailing twelve months.
Avi Products India Ltd has appointed Mr. Parthh Kaushik Mehta as Managing Director for a five-year term effective August 5, 2026, following a change in the company's control and management. The outgoing MD, Mr. Avinash Vora, has been re-designated as an Executive Non-Independent Director. The board also approved the sale of company-owned cars to the promoter for ₹5.23 lakh. This management shift occurs as the company struggles with a TTM revenue of just ₹1 Cr and a TTM loss of ₹2 Cr.
- Appointment of Mr. Parthh Kaushik Mehta as Managing Director for a 5-year term until August 2031
- Sale of company-owned cars to promoter Mr. Avinash Vora for ₹5,23,660
- Management change attributed specifically to a 'change of Control and Management' of the company
- Company reported a TTM revenue of only ₹1 Cr against a market capitalization of ₹17 Cr
- New MD brings 18 years of experience primarily in the real estate sector
Avi Products India Ltd has appointed Parthh Kaushik Mehta as Managing Director for a five-year term effective August 5, 2026, following a formal change in control and management. Mr. Mehta brings 18 years of real estate experience, which is a significant shift for a company currently classified under Trading & Distributors. The board also approved the sale of company-owned cars to the outgoing MD, Avinash Vora, for Rs. 5.24 lakh. The company remains a micro-cap with a TTM revenue of only Rs 1 Cr and a TTM loss of Rs 2 Cr.
- Appointment of Parthh Kaushik Mehta as Managing Director for a 5-year term until August 2031.
- Sale of company-owned cars to promoter Avinash Vora for Rs. 5,23,660.
- Management change is explicitly linked to a 'change of control and management' of the company.
- Company reported a net loss of Rs 0.57 Cr in the March 2026 quarter on revenue of just Rs 0.08 Cr.
- New MD is a partner in PPMS Real Estates LLP, indicating a potential pivot toward the real estate sector.
Avi Products India Ltd has scheduled a board meeting for August 5, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. Additionally, the board will consider a proposal to sell a company-owned vehicle. This comes at a time when the company is under financial pressure, reporting a TTM net loss of ₹2 Cr on a very small revenue base of ₹1 Cr. Investors should note the significant revenue decline in recent quarters, with the March 2026 quarter generating only ₹0.08 Cr.
- Board meeting scheduled for August 05, 2026, to approve Q1 FY27 results.
- Proposal for the sale of a company car to be considered by the board.
- Trading window for insiders has been closed since July 01, 2026.
- Company reported a TTM revenue of only ₹1 Cr against a market cap of ₹17 Cr.
- Latest quarterly revenue (March 2026) stood at a marginal ₹0.08 Cr.
Financial Performance
Financial analysis data not yet available for this company.
Operational Drivers
Operational analysis data not yet available for this company.
Strategic Growth
Strategic growth analysis not yet available for this company.
External Factors
External factors analysis not yet available for this company.
Regulatory & Governance
Regulatory analysis not yet available for this company.
Risk Analysis
Risk analysis not yet available for this company.
