5435122025-01-012025-03-315435122025-03-315435122024-03-315435122024-04-012025-03-315435122025-01-012025-03-31in-capmkt:OtherExpenses1Member5435122024-04-012025-03-31in-capmkt:OtherExpenses1Member5435122025-01-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15435122024-04-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15435122025-01-012025-03-31RelatedPartyTransactionDomain15435122024-12-31RelatedPartyTransactionDomain15435122025-03-31RelatedPartyTransactionDomain15435122025-01-012025-03-31RelatedPartyTransactionDomain25435122024-12-31RelatedPartyTransactionDomain25435122025-03-31RelatedPartyTransactionDomain25435122025-01-012025-03-31RelatedPartyTransactionDomain35435122024-12-31RelatedPartyTransactionDomain35435122025-03-31RelatedPartyTransactionDomain35435122025-01-012025-03-31RelatedPartyTransactionDomain45435122024-12-31RelatedPartyTransactionDomain45435122025-03-31RelatedPartyTransactionDomain45435122025-01-012025-03-31RelatedPartyTransactionDomain55435122024-12-31RelatedPartyTransactionDomain55435122025-03-31RelatedPartyTransactionDomain55435122025-01-012025-03-31RelatedPartyTransactionDomain65435122024-12-31RelatedPartyTransactionDomain65435122025-03-31RelatedPartyTransactionDomain65435122025-01-012025-03-31RelatedPartyTransactionDomain75435122024-12-31RelatedPartyTransactionDomain75435122025-03-31RelatedPartyTransactionDomain75435122025-01-012025-03-31RelatedPartyTransactionDomain85435122024-12-31RelatedPartyTransactionDomain85435122025-03-31RelatedPartyTransactionDomain85435122025-01-012025-03-31RelatedPartyTransactionDomain95435122024-12-31RelatedPartyTransactionDomain95435122025-03-31RelatedPartyTransactionDomain95435122025-01-012025-03-31RelatedPartyTransactionDomain105435122024-12-31RelatedPartyTransactionDomain105435122025-03-31RelatedPartyTransactionDomain105435122025-01-012025-03-31RelatedPartyTransactionDomain115435122024-12-31RelatedPartyTransactionDomain115435122025-03-31RelatedPartyTransactionDomain115435122025-01-012025-03-31RelatedPartyTransactionDomain125435122024-12-31RelatedPartyTransactionDomain125435122025-03-31RelatedPartyTransactionDomain125435122025-01-012025-03-31RelatedPartyTransactionDomain135435122024-12-31RelatedPartyTransactionDomain135435122025-03-31RelatedPartyTransactionDomain135435122025-01-012025-03-31RelatedPartyTransactionDomain145435122024-12-31RelatedPartyTransactionDomain145435122025-03-31RelatedPartyTransactionDomain145435122025-01-012025-03-31AuditorDomain15435122025-03-31Statement15435122025-01-012025-03-31Statement15435122025-03-31Statement25435122025-01-012025-03-31Statement25435122025-03-31StatementDynamic1I1Statement15435122025-03-31StatementDynamic1I2Statement15435122025-03-31StatementDynamic1I3Statement15435122025-03-31StatementDynamic1I4Statement15435122025-03-31StatementDynamic2I1Statement25435122025-03-31StatementDynamic2I2Statement25435122025-03-31StatementDynamic2I3Statement2iso4217:INRxbrli:pureiso4217:INRxbrli:shares543512AVROINDNOTLISTEDINE652Z01017AVRO INDIA LIMITEDMain BoardEquity2024-04-012025-03-312025-05-272025-05-22INRLakhsQuarterlyFourth quarterSingle segmentBased on the guiding principles given in Ind AS 108 Operating Segments, the Company business activity falls within a single operating segment i.e. manufacturing of plastic products and trading of plastic products, plastic granules LLDPE and scraps of plastics.2025-05-2712:45:002025-05-2716:50:00trueCash Flow IndirectDeclaration of unmodified opiniontruetrueNANAfalsetrue2025-04-14https://avrofurniture.com/pdf1/Policy%20on%20materiality%20of%20related%20party%20transactions.pdftrue2falseThe Company has not made any default on loans. The company has not issued debt securities.2025-01-012025-03-31AuditedStandalone1949390001745900021239800011501300010291000-328000011104000461100011965000543000002040040008394000-165300067410002161000-57100015900000515100000005151000-720005079000133111000100.380.33000.380.330.00230.00120.02621. The above Financial Results for the quarter and year ended March 31, 2025 were reviewed by the Audit Committee and thereafter approved and taken on record by the Board of Directors at their meeting held on May 27, 2025. The Statutory Auditor have expressed an unmodified audit opinion. The information presented above is extracted from the audited standalone financial statements. The financial statements are prepared in accordance with the Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and relevant amendment rules thereafter. <BR> <BR> 2. The Board of Directors, in its meeting held on August 28, 2024, approved a preferential allotment of 6,48,330 equity shares of face value Rs. 10 each at an issue price of Rs. 127.25 per share, aggregating to Rs 8.25 crore, to Promoter Group and Non-Promoters for cash consideration. In addition, 5,30,451 share warrants were issued to Non-Promoters at the same price, each warrant convertible into one equity share within 18 months from the date of allotment. An amount of Rs 1.69 crore, representing 25% of the warrant price, was received, and the balance Rs 5.06 crore is pending. These warrants were issued on October 19, 2024. The fair value of each warrant, determined in accordance with Ind AS 113 Fair Value Measurement, was Rs 49.04 and has been classified under Other Equity. No asset has been recognized for the difference between fair value and consideration received. The issuance of equity shares and warrants has been duly approved by BSE and NSE under applicable SEBI regulations, and trading in these shares commenced on January 6, 2025. <BR> <BR> 3. Further, in its meeting held on December 27, 2024, the Board approved a second preferential allotment of 25,75,320 equity shares at an issue price of Rs. 185.50 per share, aggregating to Rs. 47.71 crore, to Non-Promoters. Alongside, 3,23,450 share warrants were issued to the Promoter Group at Rs. 185.50 per warrant. The Company received Rs. 1.50 crore, being 25% of the warrant consideration, and Rs. 4.50 crore is pending. The allotment of shares and warrants was completed on February 11, 2025. The fair value of each warrant was Rs. 56.84, as per Ind AS 113, and the amount received has been recorded under Other Equity with no asset recognized for the fair value differential. Both BSE and NSE granted requisite approvals, and trading commenced on March 27, 2025. <BR> <BR> 4. As on March 31, 2025, the Company did not have any subsidiaries, joint ventures, or associate companies. However, a wholly-owned subsidiary named AVRO Recycling Limited was incorporated on May 14, 2025. <BR> <BR> 5. Based on the guiding principles given in Ind AS-108 Operating Segments, the Company business activity falls within a single operating segment i.e. manufacturing of plastic products and trading of plastic products, plastic granules LLDPE and scraps of plastics. <BR> <BR> 6. No Investors complaints have been received during the quarter ended March 31, 2025. Hence, there were no investor's complaints pending as on March 31, 2025. <BR> <BR> 7. The company had made following expenditure against Corporate Social Responsibility (CSR) which is shown under the head Other Expenses in the statement of profit and loss. <BR> <BR> Rs. in Lacs <BR> <BR> Particulars Quarter ended Year ended <BR> 31.03.2025 31.12.2024 31.03.2024 31.03.2025 31.03.2024 <BR> Audited Unaudited Audited Audited Audited <BR> Corporate Social Responsibility 10.15 - 8.00 10.15 8.00 <BR> <BR> <BR> 8. The figures for the corresponding previous periods have been regrouped wherever necessary to make them comparable.2024-04-012025-03-31AuditedStandalone7832480004600300082925100048620000066521000-2530700031067000159760003920300017378300078744300041808000-16530004015500010863000-11300009733000030422000000030422000-117100029251000133111000106552640002.842.76002.842.760.00230.00450.0359Other Expenses54300000Other Expenses17378300024538000030799000000002310001483500029124500014978600015472000235051000302993000120000000089940006825100000506880008829840001174229000133111000717134000850245000850245000562250005622500028380000590630001428040002110300067403000885060004962000236272000259130001830002553000264921000323984000117422900015763000-81199000-309000000-2037900000-163200001785700002887000039203000017830000247200000000000-136800018090000-53704000-1354900000094780000-230270000000000035000011188600000000000000000000000-125720000-23725600000500491000318750000000100373200096092900000154920000055967700029939400002993940003599000302993000Remeasurement of the net defined benefit liability/asset-97000-97000Remeasurement of the net defined benefit liability/asset-1565000-1565000-25000-394000-72000-1171000Avro India Limited******Sahil Aggarwal******Managing Director (KMP)Remuneration1200000Approved6000009000090000Avro India Limited******Sushil Kumar Aggarwal******Chairman & Whole Time Director (KMP)Remuneration1200000Approved6000009000090000Avro India Limited******Nikhil Aggarwal******Whole Time Director (KMP)Remuneration900000Approved4500007000070000Avro India Limited******Ghanshyam Singh******Chief Financial Officer (KMP)Any other transactionSalary815000Approved4370006800068000Avro India Limited******Sumit Bansal******Company Secretary (KMP)Any other transactionSalary800000Approved3810006100061000Avro India Limited******Akshita Aggarwal******Head Communication (Relative of KMP)Any other transactionSalary325000Approved1580002500025000Avro India Limited******Bonita Furniture Private Limited******Enterprise where significant influence exist by KMP and relative of KMPAny other transactionRent paid for Warehouse14868000Approved743400015810000Avro India Limited******Anita Aggarwal******Non-Executive DirectorAny other transactionSitting Fees20000Approved900040003000Avro India Limited******Pawan Dixit******Independent DirectorAny other transactionSitting Fees33000Approved1900070007000Avro India Limited******Vandana Gupta******Independent DirectorAny other transactionSitting Fees25000Approved100070008000Avro India Limited******Richa Kalra******Independent DirectorAny other transactionSitting Fees25000Approved20000300010000Avro India Limited******Sushil Kumar Goyal******Independent DirectorAny other transactionSitting Fees31000Approved1500070005000Avro India Limited******Mukul Jain******Independent DirectorAny other transactionSitting Fees10000Approved800007000Avro India Limited******Sunil Duggal******Independent DirectorAny other transactionSitting Fees5000Approved20000200010134000AuditedtrueS A A R K AND COtrue2025-07-31Preferential Issues2024-10-19993750002025-03-31falsefalseNoneNoneGhanshyam SinghChief Financial OfficerGhaziabad2024-05-27Preferential Issues2025-02-114927220002025-03-31falsefalseNoneNonePurchase of New Machines for capacity expansion in both plastic furniture and recyclingNo700000000601930000Meeting working capital requirementsNo500000000309570000Enhancing Brand VisibilityNo2000000009830000General Corporate PurposesNo10000000072420000To Invest in a Greenfield Plastic Waste recycling project to be set up either within the Company or through investment in shares of any other Company undertaking the projectNo397722000000Long-Term Working Capital requirementsNo800000000161280000General corporate purposeNo600000000564350000