āagman

Not investment advice. Data and computed figures, for information only.

Aditya Vision Ltd

NSE: AVL
₹568.00
−₹12.85 (−2.21%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹7,504 Cr
CMP
₹568.00
52-wk High / Low
₹705 / 437
P/E
53.6
P/B
10.9
Book Value
₹53.3
Div Yield
0.22%
ROCE
17.0%
ROE
18.7%
Face Value
₹1
D/E
0.83

Price+1.7% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
3
/ 9
3 of 9 F-score tests passed
Graham Number
₹104
√(22.5 × EPS × book value per share)
ROIC
11.2%
vs 7.6% sector median
Cash flow to profit
0.64
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+82
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
16.5%
ROE × earnings retention ratio
ROE stability
14.1
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −1.13DII +2.10
Latest quarter vs the previous one
Cash-accrual divergence
3.1%
of assets
Low = accruals track cash flow
Strengths
+ROCE has stayed above the sector median for 5 consecutive years (weakest: 17% vs the 2026 sector median of 13%)
+Price trades above its 200-day moving average (1.0x)
+FII holding rose by 14.5pp over the last year
Watch-outs
−Borrowings are up 6266.7% since FY2016 (9 to 573)
−Promoter holding fell by 20.5pp over the last year
−Piotroski F-Score of 3/9 is in the weak band (≤3)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Standalone basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales6413134133768893765084879404586496251,193
Expenses5782903703388043464624448504235965751,068
Operating Profit632343388530474290355351124
OPM %9.8%7.3%10.4%10.1%9.6%8.0%9.3%8.6%9.6%7.6%8.2%8.2%10.4%
Other Income1212222222222
Interest967167691191091111
Depreciation6787810910910101112
Profit before tax491229167216312473173631103
Net Profit3710228531224165513272277
EPS (₹)3.110.801.840.614.120.951.881.244.290.992.111.685.98

Profit & Loss

As of 30 Jun 2026
Standalone · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1792403624445647977488991,3221,7432,2602,6722,924
Expenses1772373574375477726958161,1891,5732,0522,4422,661
Operating Profit235717255383133170208229263
OPM %1.1%1.3%1.4%1.6%3.0%3.1%7.1%9.2%10.1%9.8%9.2%8.6%9.0%
Other Income0001094134479
Interest112271417253039323941
Depreciation00112213162029374044
Profit before tax2234919274386107143157186
Net Profit112361420356477106117139
EPS (₹)37.670.110.120.200.410.991.702.935.336.018.209.0510.76

Balance Sheet

As of 30 Jun 2026
Standalone · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital21014141414121212131313—
Reserves604612253767124474571676—
Borrowings13935482834198282418319480573—
Other Liabilities1215131562190144616370159210—
Total Liabilities343466841162633914216188751,2231,471—
Fixed Assets559131521130150183244268326—
CWIP000000008966—
Investments200000000000—
Other Assets273056701012422612714276229491,139—
Total Assets343466841162633914216188751,2231,471—

Cash Flows

As of 31 Mar 2026
Standalone · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity446845383218−6−4175
Cash from Investing Activity−3−1−5−5−3−6−33−23−84−48−45−49
Cash from Financing Activity3−381−332−8696894−21
Net Cash Flow4194−126021494

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %12.014.012.010.026.051.028.023.025.022.019.017.0
ROE %———————————18.7
EPS (₹)37.670.110.120.200.410.991.702.935.336.018.209.05
Book Value (₹)———————————53.3
Face Value (₹)———————————1
P/E———————————53.6
Div Yield %———————————0.22
NPM %0.60.40.60.71.11.72.73.94.84.44.74.4
OPM %1.31.31.31.63.03.27.09.010.010.09.09.0
D/E1.630.901.942.401.080.874.043.573.070.660.820.83
P/B———————————10.9

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+27.0%
5 years+29.0%
3 years+26.0%
TTM+27.0%
Compounded profit growth
10 years+59.0%
5 years+42.0%
3 years+23.0%
TTM+30.0%
Stock price CAGR
5 years+46.0%
3 years+29.0%
Last year+4.0%
Return on equity
10 years25.0%
5 years25.0%
3 years21.0%
Last year19.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters55.93%55.93%55.93%55.93%56.81%73.30%73.68%67.59%53.43%53.23%47.14%47.14%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.54%9.42%16.64%16.18%15.05%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.11%7.49%9.87%19.57%21.67%
Government————————————
Public44.07%44.07%44.07%44.07%43.19%26.70%26.32%31.74%29.66%20.25%17.11%16.13%
No. of shareholders44445658702823,6856,59611,03826,55233,94533,586
Change since Jun 2023 (pp)
Promoters −8.79FIIs +15.05DIIs +21.67Public −27.94

Documents

As of 11 Oct 2026
Announcements
Closure of Trading WindowAnnouncement Under Regulation 30 Of SEBI (LODR) Regulations, 2015-Opening Of ShowroomIntimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015-Opening Of ShowroomShareholder Meeting / Postal Ballot-Scrutinizer''s ReportShareholder Meeting / Postal Ballot-Outcome of AGM
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026PPTAug 2026RecordingMay 2026TranscriptMay 2026PPTMay 2026RecordingFeb 2026TranscriptFeb 2026PPTFeb 2026RecordingNov 2025TranscriptNov 2025PPTNov 2025RecordingAug 2025TranscriptAug 2025PPTAug 2025Recording

Corporate actions

As of 25 Aug 2026
25 Aug 2026DIVIDENDDividend - Rs 1.25 Per Share—
8 Jul 2025DIVIDENDAnnual General Meeting/Dividend - Rs 1.10 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman