Avio Smart Market Stack (ASMS) had a P/E of 26.3× on 6 Nov 2026, above the industry P/E of 17.7×, and the shares are 67% below their 52-week high. Its ROCE of 13% is the lowest among the 7 largest Information Technology Services peers, and sales grew 25% a year over 3 years while net profit fell 62%. Debt is 0.26× equity. It is a small-cap company with a market cap of ₹168 Cr, ranked 74th of 126 Information Technology Services companies by market cap; the shares fell 58% over the past year.
- ₹5.65
- ₹5.65
- ₹5.45
- ₹5.56
- 1.2 L
Health check
- ReturnsBehind
−58.4% over a year, better than 0 of 7 peers.
- Price tagPricier
P/E 26.3 vs industry 17.7.
- GrowthSteady
Sales +25.5%, profit −62.2% a year over 3 years.
- ProfitabilityWeak
ROCE 13.0% vs peer median 27.2%.
- Balance sheetFair
Debt 0.26× equity, interest covered 70.7×, Piotroski 5 of 9.
- Red flags1 to check
67% below its 52-week high.
Small cap
Defensive
Key metrics
- Market cap
- ₹168 Cr
- Small cap
- P/E
- 26.3
- Industry 17.7
- Price to book
- 4.81
- Peers 5.20
- Dividend yield
- 0.00%
- ROE
- 19.0%
- Peers 22.9%
- ROCE
- 13.0%
- Peers 27.2%
- Debt to equity
- 0.26
- Debt ₹8.75 Cr
- EPS (TTM)
- ₹0.21
- Face value ₹1
- OPM (TTM)
- 5.9%
- Net margin 6.5%
- Sales growth
- +35.5%
- Latest quarter vs a year ago
- Profit growth
- +106.8%
- Latest quarter vs a year ago
- Price to sales
- 1.57
- EV/EBITDA 23.1
Strengths and risks
Strengths
- Return on equity of 19.0%.
- Quarterly profit up 106.8% on a year ago.
- Quarterly sales up 35.5% on a year ago.
Risks to check
- 67% below its 52-week high.
About Avio Smart Market Stack
Avio Smart Market Stack Limited provides barcoding solutions, Automatic Identification and Data Capture technologies in India and internationally. It operates through three segments: Financial Inclusion and Digital Services; Agri Supply Chain and Technologies; and Diagnostics and Healthcare. The Financial Inclusion and Digital Services segment provides access to credit and allied financial products; and rural-focused lending and financial services…
- Headquarters
- Hyderabad
- Employees
- 158
- Sector
- Technology
- ISIN
- INE855F01042
- Website
- aviostack.in
Price range
- Avg volume (3M)
- 2.1 L
- 1-year return
- minus 58.4%
- From 52-week high
- minus 66.9%
Peers · Information Technology Services
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TCSTata Consultancy Services | 2,498.50 | plus 0.11% | 9,03,979 | 17.5 | 7.60 | 54.9% | 45.6% | 26.5% | 5.8% | 5.3% | 1.92% | minus 16.5% |
| INFYInfosys | 1,181.40 | plus 1.20% | 4,78,511 | 15.7 | 4.91 | 39.0% | 30.0% | 23.1% | 6.7% | 6.9% | 4.40% | minus 20.5% |
| HCLTECHHCL Technologies | 1,440.00 | plus 0.66% | 3,89,754 | 21.3 | 5.20 | 27.2% | 24.6% | 20.8% | 8.7% | 3.9% | 3.33% | minus 6.4% |
| WIPROWipro | 198.00 | minus 0.20% | 1,95,898 | 15.6 | 2.46 | 17.8% | 15.9% | 19.2% | 0.8% | 5.2% | 4.04% | minus 16.6% |
| TECHMTech Mahindra | 1,831.00 | plus 0.46% | 1,79,476 | 29.4 | 5.47 | 19.8% | 19.2% | 17.2% | 2.2% | −0.1% | 2.79% | plus 29.3% |
| LTMLTM | 4,338.00 | minus 1.25% | 1,28,620 | 24.6 | 4.97 | 25.4% | 21.0% | 17.9% | 8.4% | 4.4% | 1.80% | minus 21.8% |
| PERSISTENTPersistent Systems | 6,053.50 | minus 0.92% | 99,859 | 53.0 | 11.12 | 29.4% | 22.9% | 16.9% | 20.9% | 26.5% | 0.59% | plus 4.3% |
| ASMSAvio Smart Market Stack | 5.52 | minus 0.72% | 168 | 26.3 | 4.81 | 13.0% | 19.0% | 5.9% | 25.5% | −62.2% | 0.00% | minus 58.4% |
| Median of 7 peers | – | 0.11% | 1,95,898 | 21.3 | 5.20 | 27.2% | 22.9% | 19.2% | 6.7% | 5.2% | 2.79% | −16.5% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 8.8 | 12.4 | 48.3 | 34.4 | 12 | |
| 9.7 | 11.7 | 45.7 | 32.1 | 11.3 | |
| −0.8 | 0.7 | 2.6 | 2.3 | 0.7 | |
| −9.3% | 5.7% | 5.4% | 6.7% | 5.9% | |
| 0 | 0.3 | 0.2 | 0.4 | 0.3 | |
| 0 | 0 | 0 | 0.1 | 0.3 | |
| 0 | 0 | 0.1 | 0.1 | 0.1 | |
| – | – | – | 0 | – | |
| −0.8 | 1 | 2.7 | 2.6 | 0.6 | |
| 155.6% | – | 8.8% | 20.2% | −42.9% | |
| 0.4 | 1 | 2.4 | 2.1 | 0.9 | |
| 0.01 | 0.03 | 0.08 | 0.07 | 0.03 |
Profit & loss
- Sales CAGR 3Y
- +25.5%
- Profit CAGR 3Y
- −62.2%
- EPS CAGR 3Y
- −62.6%
- ROE
- 19.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 52.6 | 48.8 | 40 | 104 | |
| – | minus 7.2% | minus 18.0% | +159.7% | |
| 50.7 | 48.2 | 40.3 | 98.9 | |
| 2 | 0.7 | −0.3 | 5.1 | |
| 3.7% | 1.4% | −0.6% | 4.9% | |
| 0.6 | 0.7 | 0.7 | 0.7 | |
| 26.2 | – | 0 | 0.1 | |
| 4.2 | 0.4 | 0 | 0.1 | |
| 158 | −0.7 | 2.1 | −0 | |
| 130 | 0.2 | 2.4 | 5.5 | |
| 15.0% | −489.6% | 27.2% | −8.9% | |
| 110 | 1.4 | 1.7 | 5.9 | |
| – | minus 98.7% | +26.3% | +239.9% | |
| 3.62 | 0.05 | 0.06 | 0.19 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 30.5 | 30.5 | 30.5 | 30.5 | |
| −5 | −4 | −2.2 | 3.7 | |
| – | – | 0.2 | 8.8 | |
| 2.4 | 3.2 | 4.1 | 25.1 | |
| 27.8 | 29.7 | 32.6 | 68 | |
| 3.8 | 2 | 0.3 | 1.9 | |
| 5.1 | 0.4 | 12.4 | 21.2 | |
| 3.9 | 10.3 | 1.6 | 1.2 | |
| 14.9 | 17.1 | 18.3 | 43.7 | |
| 27.8 | 29.7 | 32.6 | 68 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −9.3 | −0.5 | −1.7 | 1.4 | |
| 0.6 | 1 | −1.3 | −10.2 | |
| −2.3 | – | 0.2 | 8.5 | |
| −11 | 0.5 | −2.8 | −0.4 | |
| −0 | −0 | −0.3 | −1.7 | |
| −9.3 | −0.5 | −2 | −0.4 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.