Avana Electrosystems LTD

Avana Electrosystems Ltd (AVANA) is a micro-cap Capital Goods company valued at ₹385 crore operating in Heavy Electrical Equipment on the NSE and BSE.

Recent price move

Avana Electrosystems Ltd last traded at ₹170, down 3.24% on the day.

Recent developments

On 2026-03-31, the company reported its latest financials, showing revenue of ₹48 crore and net profit of ₹6 crore for the quarter, consistent with the prior year's quarter. Promoter holding fell by 26.36 percentage points to 73.64%, while foreign institutional holding and domestic institutional holding both increased by 1.10 and 8.54 percentage points respectively.

Financial performance

The company's business is improving, with annual revenue rising 37.5% and annual net profit growing 46.5% year-over-year. The latest quarter saw revenue of ₹48 crore and net profit of ₹6 crore, matching the prior year's quarter but showing a stable margin at 14.0%, up 0.9 percentage points from the prior year. Return on equity remains at 19.8%, while return on capital employed is higher at 27.8%.

Valuation multiples

The stock trades at 32.8 times earnings, 6.40 times book value.

Things to watch

The company's stock is 24.7% below its 52-week high, and it is not paying dividends despite reporting profits. Promoter holding has decreased significantly, which may signal a shift in ownership or confidence. The company remains almost debt-free, but its reliance on equity for growth could pose challenges if capital becomes harder to raise.

Where it stands

Avana Electrosystems Ltd has shown strong revenue and profit growth over the past few years, with a 44.1% revenue CAGR over three years and a 127.2% profit CAGR. The latest quarter's results were stable, but promoter holding dropped sharply. The stock is now 24.7% below its 52-week high, and the company has not paid dividends despite consistent profits.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.