Avro India Limited

NSEI:AVROIND Stock Report

Market Cap: ₹2.1b

Avro India Balance Sheet Health

Financial Health criteria checks 3/6

Avro India has a total shareholder equity of ₹302.5M and total debt of ₹219.3M, which brings its debt-to-equity ratio to 72.5%. Its total assets and total liabilities are ₹630.6M and ₹328.2M respectively. Avro India's EBIT is ₹58.0M making its interest coverage ratio 4. It has cash and short-term investments of ₹14.4M.

Key information

72.5%

Debt to equity ratio

₹219.27m

Debt

Interest coverage ratio4x
Cash₹14.36m
Equity₹302.48m
Total liabilities₹328.16m
Total assets₹630.64m

Recent financial health updates

Here's Why Avro India (NSE:AVROIND) Has A Meaningful Debt Burden

Mar 13
Here's Why Avro India (NSE:AVROIND) Has A Meaningful Debt Burden

Recent updates

Market Participants Recognise Avro India Limited's (NSE:AVROIND) Earnings Pushing Shares 28% Higher

Dec 15
Market Participants Recognise Avro India Limited's (NSE:AVROIND) Earnings Pushing Shares 28% Higher

Avro India Limited's (NSE:AVROIND) P/E Is Still On The Mark Following 33% Share Price Bounce

Aug 23
Avro India Limited's (NSE:AVROIND) P/E Is Still On The Mark Following 33% Share Price Bounce

Take Care Before Jumping Onto Avro India Limited (NSE:AVROIND) Even Though It's 29% Cheaper

Mar 28
Take Care Before Jumping Onto Avro India Limited (NSE:AVROIND) Even Though It's 29% Cheaper

Here's Why Avro India (NSE:AVROIND) Has A Meaningful Debt Burden

Mar 13
Here's Why Avro India (NSE:AVROIND) Has A Meaningful Debt Burden

Why Investors Shouldn't Be Surprised By Avro India Limited's (NSE:AVROIND) 25% Share Price Surge

Feb 07
Why Investors Shouldn't Be Surprised By Avro India Limited's (NSE:AVROIND) 25% Share Price Surge

Do Avro India's (NSE:AVROIND) Earnings Warrant Your Attention?

Apr 25
Do Avro India's (NSE:AVROIND) Earnings Warrant Your Attention?

Here's Why We Think Avro India (NSE:AVROIND) Is Well Worth Watching

Dec 30
Here's Why We Think Avro India (NSE:AVROIND) Is Well Worth Watching

Here's Why We Think Avro India (NSE:AVROIND) Is Well Worth Watching

May 14
Here's Why We Think Avro India (NSE:AVROIND) Is Well Worth Watching

Here's Why I Think Avro India (NSE:AVROIND) Is An Interesting Stock

Nov 08
Here's Why I Think Avro India (NSE:AVROIND) Is An Interesting Stock

Should You Be Adding Avro India (NSE:AVROIND) To Your Watchlist Today?

Jul 05
Should You Be Adding Avro India (NSE:AVROIND) To Your Watchlist Today?

Avro India Limited's (NSE:AVROIND) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

Mar 04
Avro India Limited's (NSE:AVROIND) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

Avro India Limited (NSE:AVROIND) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

Nov 19
Avro India Limited (NSE:AVROIND) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

Financial Position Analysis

Short Term Liabilities: AVROIND's short term assets (₹387.2M) exceed its short term liabilities (₹263.3M).

Long Term Liabilities: AVROIND's short term assets (₹387.2M) exceed its long term liabilities (₹64.9M).

Debt to Equity History and Analysis

Debt Level: AVROIND's net debt to equity ratio (67.7%) is considered high.

Reducing Debt: AVROIND's debt to equity ratio has increased from 24.7% to 72.5% over the past 5 years.

Debt Coverage: AVROIND's debt is not well covered by operating cash flow (19.4%).

Interest Coverage: AVROIND's interest payments on its debt are well covered by EBIT (4x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/31 20:13
End of Day Share Price 2024/12/31 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Avro India Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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