Integrated Filing — IndAS



General information about company

Scrip Code 543512
NSE Symbol AVROIND
MSEI Symbol NOTLISTED
ISIN INE652Z01025
Name of company AVRO INDIA LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 30-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 26-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment The Company's business activity falls within a single operating segment i.e. manufacturing of plastic products and trading of plastic products, plastic granuels LLDPE and scrap of plastics.
Start date and time of board meeting 30-05-2026   17:00:00
End date and time of board meeting 30-05-2026   20:28:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 2,715.56 9,463.74
Other income 259.81 904.40
Total income 2,975.37 10,368.14
2 Expenses
(a) Cost of materials consumed 1,306.33 5,714.95
(b) Purchases of stock-in-trade 330.17 763.93
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 155.67 (263.60)
(d) Employee benefit expense 213.91 681.34
(e) Finance costs 38.18 161.20
(f) Depreciation, depletion and amortisation expense 129.03 456.29
(f) Other Expenses
1 Other Expenses 644.11 2,230.08
Total other expenses 644.11 2,230.08
Total expenses 2,817.40 9,744.19
3 Total profit before exceptional items and tax 157.97 623.95
4 Exceptional items 0.00 0.00
5 Total profit before tax 157.97 623.95
6 Tax expense
7 Current tax 58.46 184.50
8 Deferred tax 1.38 (20.28)
9 Total tax expenses 59.84 164.22
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 98.13 459.73
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 98.13 459.73
17 Other comprehensive income net of taxes (10.71) (11.65)
18 Total Comprehensive Income for the period 87.42 448.08
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0.00 0.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0.00 0.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 1,331.11 1,331.11
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 7,000.71
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.73 3.45
Diluted earnings (loss) per share from continuing operations 0.7 3.25
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.73 3.45
Diluted earnings (loss) per share from continuing and discontinued operations 0.7 3.25
24 Debt equity ratio 0.200 0.200
25 Debt service coverage ratio 0.2300 0.7500
26 Interest service coverage ratio 5.5700 5.1600
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The above Consolidated financial reults for the quarter and year ended March 31, 2026 were reviewed by the Audit Committee and therafter approved and taken on record by the Board of Directors at their meeting held on May 30, 2026. The Statutory Auditor have expressed an Unmodified audit opinion. The information presented above is extracted from the audited consolidated financial sattements. The consolidated financial results have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards (Ind AS) as notified under Section 133 of the Companies Act, 2013 and other accounting principles generally aceepted in India and presented in accordamce with the requirements of regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as Amended). 2. Duirng the year ended March 31, 2026, the Company incorporated a wholly-owned subsidairy named Avro Recycling Limited on May 14, 2025. Apart from the aforesaid subsidiary, the Company did not have any other subsidiary, joint venture, or associate company as of March 31, 2026. 3. Based on the guiding prinicples given in Ind AS-108 Operating Segments, the Company's business activity falls within a single operating segment i.e. manufacturing of plastic products and trading of plastic products, plastic granuels LLDPE and scrap of plastics. 4. During the quarter ended March 31, 2026, the Company received one investor complaint, which was duly resolved during the said quarter. 5. The Board of Directors in the meeting hled on March 25, 2026 approved the split of equity shares from the face value of Rs. 10 per equity share to Rs.1 per equity share which was further approved by the shareholders of the company in Extraordinary General meeting held on April 18, 2026. The record date for the split of equity shares was May 05, 2026. The National Stock Exchange of India Limited vide its circular 0715/2026 dated April 30, 2026 and BSE Limited vide its notice no. 20260430-52 dated April 30, 2026 confirmed that ISIN i.e. INE652Z01025 shall be effective for all trades done on and from Ex-date May 05, 2026. 6. The Company had made following expenditure against Corporate Social Responsibility which is shown under the head Other expenses in the statement of Proifit and loss. (Rs in Lakhs) Particulars Quarter ended Year ended 31.03.2026 31.12.2025 31.03.2026 Audited Unaudited Audited Corporate Social Responsibility 10.17 - 10.17 7. Figures for the quarter ended March 31, 2026 is the balancing figures between the audited figures in respect of full financial year and the published year to date figures upto third quarter of respective fianncial year. 8. The consolidated financial results for the year ended March 31, 2026 are being presented for the first time due to whcih no comparitive figures for the previous corresponding year have been presented. 9. On November 21, 2025, the Government of India notified the four Labour Codes-the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020- consolidating various existing labour laws. The Ministry of Labour and Employment published the related Central rules and FAQs on May 08, 2026 to facilitate assessment of the financial impact arising from the changes in the regulations. The Gorup has assessed the applicability and potential financial impact of the aforesaid Labour Codes on the basis of the best information presently available. Based on such assessment and considering the current scale, the management belives that the potential impact on the financial results for the quarter and year ended March 31, 2026 is presently not material and accordingly no seperate impact has been recognised or disclosed in the financial results. The Group continues to monitor the Central Rules in conjunction with draft state rules and clarifications issued by the Government on various aspects of the Labour Codes and will provide appropriate accounting effect, if any, arising from such developments in future periods as considered nencessary. 10. Other Income for the quarter ended March 31, 2026 includes sales commission Rs. 201.62 lakhs (Preceeding Quarter ended December 31, 2025 Rs. 234.42 lakhs) and year ended March 31, 2026 Rs. 656.82 lakhs. 11. The subsidiary Company was incorporated on May 14, 2025 and has been consolidated from that date. Accordingly, the consolidated financial results for the year ended March 31, 2026 include the financial results of the Subsidiary for the period from May 14, 2025 to March 31, 2026.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 2,575.88
Capital work-in-progress 593.85
Investment property 0.00
Goodwill 0.00
Other intangible assets 0.58
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 0.00
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
Total of other non-current financial assets
Total non-current financial assets 0.00
Deferred tax assets (net) 26.53
Other non-current assets
1 Other non-current assets 2.69
Total of other non-current assets 2.69
Total non-current assets 3,199.53
2 Current assets
Inventories 1,984.75
Current financial asset
Current investments 30.97
Trade receivables, current 2,843.34
Cash and cash equivalents 208.74
Bank balance other than cash and cash equivalents 2,750.00
Loans, current 0.00
Other current financial assets
Total of other current financial assets 358.58
Total current financial assets 6,191.63
Current tax assets (net) 0.00
Other current assets
1 Other current assets 729.27
Total of other current assets 729.27
Total current assets 8,905.65
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 12,105.18
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,331.11
Other equity 7,619.42
Total equity attributable to owners of parent 8,950.53
Non controlling interest 0.00
Total equity 8,950.53
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 622.04
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
Total of other non-current financial liabilities
Total non-current financial liabilities 622.04
Provisions, non-current 49.76
Deferred tax liabilities (net) 0.00
Deferred government grants, Non-current 0.00
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 671.80
Current liabilities
Current financial liabilities
Borrowings, current 1,144.41
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 279.12
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 535.64
Total Trade payable 814.76
Other current financial liabilities
1 Other current financial liabilities 185.10
Total of other current financial liabilities 185.10
Total current financial liabilities 2,144.27
Other current liabilities 312.88
1 Other current liabilities 312.88
Total of other current liabilities 312.88
Provisions, current 2.49
Current tax liabilities (Net) 23.21
Deferred government grants, Current 0.00
Total current liabilities 2,482.85
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 3,154.65
Total equity and liabilites 12,105.18
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of net defined benefit liability/asset (14.31) (15.57)
Total Amount of items that will not be reclassified to profit and loss (14.31) (15.57)
2 Income tax relating to items that will not be reclassified to profit or loss (3.60) (3.92)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income (10.71) (11.65)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 623.95
Adjustments for reconcile profit (loss)
Adjustments for finance costs 150.00
Adjustments for decrease (increase) in inventories (486.88)
Adjustments for decrease (increase) in trade receivables, current (530.74)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (224.61)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current (186.86)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (70.31)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 106.77
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 456.29
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 22.04
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 82.46
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 0.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) (17.81)
Other adjustments for non-cash items 79.61
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (620.04)
Net cash flows from (used in) operations 3.91
Dividends received 0.00
Interest paid 0.00
Interest received (217.38)
Income taxes paid (refund) 197.92
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities (411.39)
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 140.23
Purchase of property, plant and equipment 905.51
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 146.40
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (1,418.00)
Net cash flows from (used in) investing activities (2,036.88)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 11,479.95
Repayments of borrowings 11,703.79
Payments of lease liabilities 0.00
Dividends paid 0.00
Interest paid 149.08
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (372.92)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (2,821.19)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (2,821.19)
Cash and cash equivalents cash flow statement at beginning of period 3,029.93
Cash and cash equivalents cash flow statement at end of period 208.74





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 S A A R K AND CO Yes 31-07-2028