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Avio Smart Market Stack Ltd (ASMS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532694 NSE: ASMS IT - Software | Small Cap | Avio Smart Market Share Price

₹7.46 -0.06 (-0.80%)

As on 04-Jun'26 16:59

Avio Smart Market Stack Ltd (ASMS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532694 NSE: ASMS IT - Software | Small Cap | Avio Smart Market Share Price

₹7.46 -0.06 (-0.80%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹227 Cr.
Current Price
₹7.5
52-Week Low / High
₹7 / 18
TTM EPS
₹0.2
TTM Sales
₹104 Cr.
Book Value per Share
₹1.1
P/E Ratio
38.23
Higher than its 5-year historical median
Industry PE
22.2
Price to Book (P/B)
6.65
Lower than its 5-year historical median
Price to Sales (P/S)
2.19
Lower than its 5-year historical median
EV/EBITDA
41.36
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
6.38%
Outperforms industry median
Return on Capital Employed (ROCE)
8.90%
Outperforms industry median
Return on Assets (ROA)
6.19%
Operating Profit Margin
-0.6%
Net Profit Margin
4.36%
Gross Profit Margin
1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-18.02%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
26.81%
Asset Quality
Promoter Holding
67.50%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹4 Cr.
Equity
₹30.5 Cr.
Face Value
₹1
All Time Low / High
₹0.61 / 294.50

Avio Smart Market Stack stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Avio Smart Market Stack Ltd a good quality company?
Avio Smart Market Stack Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Avio Smart Market Stack Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Avio Smart Market Stack Ltd vs industry peers?
Avio Smart Market Stack Ltd revenue CAGR is -9.55%, compared to the industry median CAGR of 2.48%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Avio Smart Market Stack Ltd?
Promoters hold 67.50% of the Avio Smart Market Stack Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Avio Smart Market Stack Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -2% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Avio Smart Market Stack Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 2%0.1%1.1%-2.7%0.6%0.2%0.2%29.2%1%8.9%-
Value Creation
Index
-0.9-1.0-0.9-1.2NANANA1.1-0.9-0.4-

Growth Parameters

Sales 4372.67168.466.162.865.452.648.840104
Sales YoY Gr.-69%-2.2%-3.7%-3.3%-5%4.2%-19.6%-7.2%-18%-
Adj EPS -13.4-14.2-12.7-19.4-15.6-14.5-14.8-00.100.2
YoY Gr.-NANANANANANANANA-83.3%-
BVPS (₹) 43.926.914.42-5-21.7-33.10.80.90.91.1
Adj Net
Profit
-45.5-48.3-43.1-65.9-53.2-49.2-50.3-01.90.36
Cash Flow from Ops. -5.33.663.531.360.62.14-9.3-0.5-2.5-
Debt/CF from Ops. -146.3222.411.825.517.3517.1292.400-0.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -0.8%-9.6%-15.1%-18%
Adj EPS NANANA-83.3%
BVPS-34.8%NANA6.9%
Share Price -1.5% 16.6% -4.3% -46.2%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-27.4-40.1-61.3-237.41027.7108.253.90.17.31.119.5
Op. Profit
Mgn %
24.21418.1-23.510.79.58.63.7-0.1-0.74.6
Net Profit
Mgn %
-106-66.6-60.7-96.5-80.5-78.4-76.9-0.13.90.85.9
Debt to
Equity
5.28.615.3119.9-61.6-14.8-10.30000.2
Working Cap
Days
8,9375,2534,7654,2934,7315,1425,0173,23511816524
Cash Conv.
Cycle
3,2261,5671,5662,4512,6362,7632,7462,28872-0

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales43737168666365534940
Operating Expenses > + 33625884595760514940
Manufacturing Costs1111100413931
Material Costs619915934000
Employee Cost 511108766666
Other Costs > 22313860434849444
Operating Profit > 101013-167662-0-0
Operating Profit Margin (%) 24.2%13.9%18.1%-23.5%10.5%9.5%8.6%3.7%-0.1%-0.6%
Other Income > + 19020300111
Exceptional Items > 0-400000158-12
Interest > 545252525252522600
Depreciation > 11665544400
Profit Before Tax > -35-51-43-74-47-50-5113002
Tax > -2-0-0-84-1-119-11
Profit After Tax -33-51-43-66-51-49-5011012
PAT Margin (%) -77.2%-70.0%-60.7%-96.5%-77.5%-78.4%-76.9%209.4%2.8%4.4%
Adjusted EPS (₹)-9.7-14.9-12.7-19.4-15.1-14.5-14.83.60.10.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Avio Smart Market - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 15092497-17-74-113252728
Share Capital 34343434343434303030
Reserves 1165715-27-51-108-147-5-4-2
Debt +240238174175333360387000
Long Term Debt0000000000
Short Term Debt240238174175333360387000
Minority Interest0000000000
Trade Payables2632626575444445012
Others Liabilities 8148589099728959119480-0-0
Total Liabilities 1,4661,4501,1961,2281,2551,2411,268262730

Fixed Assets

Net Fixed Assets +55504539322824420
Gross Block3753763763763683683682140
Accumulated Depreciation3203263313373363403441720
CWIP 14141414121212000
Investments 302302302306302302302005
Inventories8543334000
Trade Receivables892879630660693677700202
Cash Equivalents 5666811154102
Others Assets 190193195200204208210161420
Total Assets 1,4661,4501,1961,2281,2551,2411,268262730

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -5464316124-9-0-3
PBT -35-51-43-74-47-50-51130-02
Adjustment 46585858545657-1280-3
Changes in Working Capital -16-3494754-4-2-112-1
Tax Paid 00000000-2-1
Cash Flow From Investing Activity + -21020110011-0
Capex -2-1-0030-0-0-04
Net Investments 000030000-5
Others 02120500111
Cash Flow From Financing Activity + 8-3-64-52-69-00-200
Net Proceeds from Shares 00000002800
Net Proceeds from Borrowing 0000000-3000
Interest Paid -5400000-5200-0
Dividend Paid -1-1-00000000
Others 62-3-63-52-69-05200-0
Net Cash Flow 11-0-0324-110-3

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-19.97-42.13-61.33-237.42N/AN/AN/A05.336.38
ROCE (%)2.040.081.07-2.66N/AN/AN/A29.170.968.9
Asset Turnover Ratio0.030.050.060.060.050.050.050.081.851.42
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/A-0.08-0-1.5
Working Capital Days
Receivable Days7,2904,292.503,771.703,2723,630.403,938.803,833.302,436.7010.1013.20
Inventory Days63.1031.7023.5019.601716.1018.4014.100.800.40
Payable Days04,930.106,568.301,653.102,536.306,164.704,432.5001,452.200

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Avio Smart Market Stack Ltd FAQs

The current trading price of Avio Smart Market on 04-Jun-2026 16:59 is ₹7.46.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Avio Smart Market stood at ₹227.2 Cr

The latest P/E ratio of Avio Smart Market as of 03-Jun-2026 is 38.23.

The latest P/B ratio of Avio Smart Market as of 03-Jun-2026 is 6.65.

The 52-week high of Avio Smart Market is ₹17.55 and the 52-week low is ₹6.93.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Avio Smart Market is ₹104 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Avio Smart Market Stack Ltd is a below average quality company.

The key valuation ratios of Avio Smart Market Stack Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Avio Smart Market Stack Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Avio Smart Market Stack Ltd

Bartronics India (BIL) is a provider of automatic identification and data capture (AIDC) solutions. Incorporated in 1990, the company is engaged in providing solutions in bar coding, AIDC technologies, RFID, POS and smart cards.

The company’s corporate office is located at Hyderabad, regional offices in Delhi, Jamshedpur, Bangalore and Chennai. BIL branch offices are located at Mumbai, Pune, Vishakapatnam and Coimbatore.

Company has business alliance with Watchdata Systems, SIL, Hayleys, Almoayyed Commercial Services, ST Microelectronics and IRIS Corporation.

The company has implemented number of projects across companies such as TISCO, Tata Motors, Voltas, Whirlpool, LML, Chennai Petroleum, TVS Suzuki, Wipro GE Medical Systems and many more.

The company has presence in four countries namely Bangladesh, Sri Lanka, Dubai and Mauritius.

Bartronics has made significant entry into retail sector through POS hardware solutions. The retail trade in India $7 billion and is growing at a rapid pace. This has been driven by a combination of queries received directly by the company as well as queries directed to the company by its principals (primarily Intermec, Synel and PSC).

Bartronics is well placed to capture the new opportunities provided by the requirements of the industry and specific applications within an industry with respect to the AIDC/RFID/Retail/Smart Cards related initiatives.

Products and Solutions

Products- The Company offers range of products in area of Automatic Identification and Data Collection (AIDC), Radio-Frequency Identification (RFID), handheld terminals, printers, scanners and red ice and blue ice.

The company has manufactured products like master control unit, SY-2000-vison, PRINT x 40I_V, 6 Zone Reader Long Range RFID Readers, 700 series color mobile computer, EasyCoder 4440 PRINTER, Magellan Vertical Scanner and many more.

Company’s provides solutions in area of Access control system, Patrol Management System, Retail Security System, Crowd Management System and many more.

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