Financials Avro India Limited

Equities

AVROIND

INE652Z01017

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Delayed NSE India S.E. 03:11:31 2024-06-05 am EDT 5-day change 1st Jan Change
109 INR +3.07% Intraday chart for Avro India Limited -10.76% -1.53%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023
Capitalization 1 149.7 169.9 124.5 620.4 1,249
Enterprise Value (EV) 1 177.4 190.2 154.3 689.2 1,349
P/E ratio 17.6 x 15 x 6.87 x 20.8 x 30.1 x
Yield - - - - -
Capitalization / Revenue 0.31 x 0.39 x 0.23 x 0.96 x 1.56 x
EV / Revenue 0.36 x 0.43 x 0.29 x 1.06 x 1.69 x
EV / EBITDA 5.85 x 5.94 x 3.85 x 12.5 x 15.9 x
EV / FCF -3.87 x 111 x -11.6 x -14.7 x -30.6 x
FCF Yield -25.8% 0.9% -8.59% -6.81% -3.27%
Price to Book 1.23 x 1.28 x 0.82 x 3 x 5.03 x
Nbr of stocks (in thousands) 10,087 10,087 10,087 10,087 10,087
Reference price 2 14.84 16.84 12.34 61.50 123.8
Announcement Date 9/8/19 8/21/20 8/20/21 9/5/22 9/8/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 268.9 490.6 440.7 532.7 647.4 800.1
EBITDA 1 26.48 30.32 32 40.08 55.3 84.62
EBIT 1 14.56 17.42 17.47 26.17 42.49 66.44
Operating Margin 5.42% 3.55% 3.97% 4.91% 6.56% 8.3%
Earnings before Tax (EBT) 1 11.81 13.62 14.03 24.32 39.25 58.28
Net income 1 8.524 8.54 11.35 18.12 29.76 41.51
Net margin 3.17% 1.74% 2.58% 3.4% 4.6% 5.19%
EPS 2 1.160 0.8452 1.126 1.796 2.950 4.115
Free Cash Flow 1 3.365 -45.82 1.713 -13.24 -46.92 -44.07
FCF margin 1.25% -9.34% 0.39% -2.49% -7.25% -5.51%
FCF Conversion (EBITDA) 12.71% - 5.35% - - -
FCF Conversion (Net income) 39.48% - 15.09% - - -
Dividend per Share - - - - - -
Announcement Date 9/9/18 9/8/19 8/21/20 8/20/21 9/5/22 9/8/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 30.3 27.7 20.3 29.8 68.8 99.8
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.143 x 0.9133 x 0.6355 x 0.7438 x 1.244 x 1.18 x
Free Cash Flow 1 3.37 -45.8 1.71 -13.2 -46.9 -44.1
ROE (net income / shareholders' equity) 18% 9.03% 8.93% 12.8% 15.5% 18.2%
ROA (Net income/ Total Assets) 7.04% 6.09% 5.5% 7.8% 8.54% 10.6%
Assets 1 121.1 140.3 206.5 232.3 348.6 391.4
Book Value Per Share 2 9.230 12.00 13.20 15.00 20.50 24.60
Cash Flow per Share 2 0.4200 0.5100 0.2000 0.3800 0.4400 0.5400
Capex 1 17.3 22.9 16.9 8.36 31.9 53.9
Capex / Sales 6.43% 4.66% 3.84% 1.57% 4.93% 6.73%
Announcement Date 9/9/18 9/8/19 8/21/20 8/20/21 9/5/22 9/8/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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