AVATAR
AVATAR Industries financials
- Market cap
- ₹253 Cr
What AVATAR Industries Ltd does
The company's historical business was manufacturing forged products and operating a press shop for sheet-metal components. It recorded no operational/manufacturing revenue in FY 2024-25, with its total revenue coming solely from other income. After the close of FY 2024-25, shareholders approved via postal ballot (completed 3rd May 2025) a change in the company's main business activity to information technology and computer service activities. The company has no subsidiaries, associate companies or joint ventures.
Segments
- Forged products & press-shop sheet-metal manufacturing
- Information technology & computer services
- Business lines
- 1 active (transitioning from forging/press-shop manufacturing to IT services)
- Operational status (FY25)
- No manufacturing/operating revenue recorded
- Subsidiaries / associates / JVs
- None (standalone company)
Quarterly results
Q4 FY26: net profit up 250.0% against the same quarter last year.
| Line item | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBITDA | -0 | -0 | -0 | -0 | -0 +0% | -0 +77% | -0 +20% | -0 +88% |
| Net profit | 1 | 1 | 0 | -0 | 0 −85% | -0 −103% | 0 −46% | 0 +250% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +410.3% 1Y
1Y: ₹47.5 on 8 Sept 2025 → ₹242.4. High ₹254 (24 Aug 2026), low ₹45.5 (11 Sept 2025).
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr |
| Reserves | ₹21 Cr | ₹23 Cr | ₹24 Cr | ₹25 Cr | ₹25 Cr | ₹25 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹-0 Cr | ₹0 Cr | ₹0 Cr |
| Total liabilities | ₹32 Cr | ₹33 Cr | ₹35 Cr | ₹35 Cr | ₹35 Cr | ₹36 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹32 Cr | ₹33 Cr | ₹35 Cr | ₹35 Cr | ₹35 Cr | ₹35 Cr |
| Total assets | ₹32 Cr | ₹33 Cr | ₹35 Cr | ₹35 Cr | ₹35 Cr | ₹36 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Mar 2026
The ownership split has held steady since Mar 2025. The shareholder count shrank 10% to 160.
- Promoters
- 66.3%
- Public
- 33.7%
Since Mar 2025
- Promoters 0.00 pp
- Public 0.00 pp
How it drifted, 12 quarters
Over this window promoters fell from 70.9% to 66.3% — −4.6 pp.
Ownership split by quarter, oldest first. Sep '20: Promoters 70.9%, Public 29.1%.Mar '21: Promoters 70.9%, Public 29.1%.Sep '21: Promoters 71.0%, Public 29.0%.Mar '22: Promoters 26.2%, Public 73.8%.Sep '22: Promoters 26.2%, Public 73.8%.Mar '23: Promoters 26.2%, Public 73.8%.Sep '23: Promoters 26.2%, Public 73.8%.Mar '24: Promoters 26.2%, Public 73.8%.Sep '24: Public 100.0%.Mar '25: Promoters 66.3%, Public 33.7%.Sep '25: Promoters 66.3%, Public 33.7%.Mar '26: Promoters 66.3%, Public 33.7%.
Who bought this quarter
since Sep 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Avance Ventures Private Limited +0.98 pp 3.90% held
- Shipra Bathla +0.10 pp 1.19% held
- tANKIT GOYAL newly disclosed 0.00% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of AVATAR Industries Ltd above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Skybridge Incap Advisory Llp | 66.32% | unchanged |
| Tvisha Corporate Advisors Llp | 4.88% | unchanged |
| Avance Ventures Private Limited | 3.90% | +0.98 pp |
| Zuber Trading LLP | 2.30% | unchanged |
| Bhavesh Vora (Huf) | 1.92% | unchanged |
| Akarshika Traders Llp | 1.73% | unchanged |
| Sunayana Investment Company Limited | 1.57% | unchanged |
| Shipra Bathla | 1.19% | +0.10 pp |
| Dilip Kumar Goyal | 0.00% | unchanged |
| tANKIT GOYAL | 0.00% | newly disclosed |
| Dilip Kumar Goyal Huf | 0.00% | unchanged |
| Akshay Goyal | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse AVATAR Industries Ltd
Guides on how to read this kind of business and the numbers that matter.