AVI
AVI financials
- Market cap
- ₹205 Cr
Quarterly results
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 30 | 132 | 150 | 67 |
| EBITDA | 0 | 0 | -0 | 0 | 3 | 11 | 14 +27260% | 5 |
| Net profit | 0 | 0 | 1 | 0 | 2 | 7 | 10 +1284% | 4 |
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 +168.1% 1Y
1Y: ₹6.56 on 2 Jun 2025 → ₹17.59. High ₹29.4 (12 Mar 2026), low ₹5.8 (27 Oct 2025).
Financials, as filed
Revenue grew 1668.0% a year over 2 years, FY24 to FY26. Operating margin widened to 8.8%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹1 Cr | ₹0 Cr | ₹313 Cr |
| Operating profit | ₹0 Cr | ₹-0 Cr | ₹27 Cr |
| Operating margin | 0.0% | — | 8.8% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹0 Cr | ₹1 Cr | ₹19 Cr |
| Net margin | 0.0% | — | 6.2% |
| Cash from operations | — | ₹1 Cr | ₹-63 Cr |
| Free cash flow | — | ₹1 Cr | ₹-63 Cr |
| ROCE | — | — | 46.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹94 Cr |
| Reserves | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹3 Cr | ₹22 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹1 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹10 Cr | ₹59 Cr |
| Total liabilities | ₹5 Cr | ₹6 Cr | ₹5 Cr | ₹6 Cr | ₹18 Cr | ₹176 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 | ₹4 Cr |
| Other assets | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹6 Cr | ₹18 Cr | ₹171 Cr |
| Total assets | ₹5 Cr | ₹6 Cr | ₹5 Cr | ₹6 Cr | ₹18 Cr | ₹176 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 Jun 2026
Since Jun 2025, promoters added +1.10 pp while the public trimmed −1.09 pp. The shareholder count grew 244% to 27,671.
- Promoters
- 1.1%
- Public
- 98.9%
Since Jun 2025
- Promoters +1.10 pp
- Public −1.09 pp
How it drifted, 12 quarters
Over this window the public went from 74.8% to 98.9% — +24.1 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 25.2%, Public 74.8%.Dec '23: Promoters 25.2%, Public 74.8%.Mar '24: Promoters 25.2%, Public 74.8%.Jun '24: Promoters 25.2%, Public 74.8%.Sep '24: Promoters 25.2%, Public 74.8%.Dec '24: Promoters 25.2%, Public 74.8%.Mar '25: Promoters 25.2%, Public 74.8%.Jun '25: Public 100.0%.Sep '25: Public 100.0%.Dec '25: Promoters 25.2%, Public 74.8%.Mar '26: Promoters 1.1%, Public 98.9%.Jun '26: Promoters 1.1%, Public 98.9%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Kamlesh Bhikhabhai Patel newly disclosed 1.15% held
- Rootsparkle Trading Private Limited Trading Trading newly disclosed 1.10% held
- Setu Securities Private Limited newly disclosed 1.06% held
The same filing shows 7 holders trimming and 8 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of AVI above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Mayurrkumar Bhavsing Bamanya | 4.34% | unchanged |
| Shankarbhai Bachubhai Chauhan . | 4.30% | unchanged |
| Parmar Umeshabhai Ramsinhbhai . | 4.28% | unchanged |
| Arjunbhai Mangabhai Sangod . | 3.40% | unchanged |
| Santoshbhai Gohil | 3.28% | unchanged |
| Rahulkumar Rajubhai Gohil | 3.28% | unchanged |
| Sureshbhai Kanjibhai Parmar | 3.19% | −0.05 pp |
| Meet Rajendrakumar Patel | 3.07% | −1.73 pp |
| Kapilkumar Banglesha | 3.04% | −2.27 pp |
| Yogeshkumar Ramanbhai Bhabhor | 2.90% | −0.97 pp |
| Rajeshbhai Bachubhai Vasaiya | 2.71% | −0.96 pp |
| Sunilkumar Ukarbhai Bhabhor | 2.26% | −1.27 pp |
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 AVI
Guides on how to read this kind of business and the numbers that matter.