Aviva Industries (BSE: AVIVA) had a P/E of 9.6× on 6 Nov 2026. It earns ROCE of 3.4% and ROE of 6.0%. It carries very little debt. It is a small-cap company with a market cap of ₹208 Cr; the shares rose 21% over the past year.
- ₹64.00
- ₹64.00
- ₹64.00
- ₹64.00
- 205
Health check
- ReturnsStrong
+20.9% over the past year.
- Price tagNo peers
P/E 9.6, with no peers to compare.
- GrowthStrong
Sales +390.7%, profit +594.1% a year over 3 years.
- ProfitabilityWeak
ROCE 3.4%.
- Balance sheetSolid
Practically debt-free.
- Red flags1 to check
Return on equity is low at 6.0%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹208 Cr
- Small cap
- P/E
- 9.6
- Price to book
- 2.29
- Book value ₹27.94
- Dividend yield
- 0.00%
- ROE
- 6.0%
- Return on equity
- ROCE
- 3.4%
- Return on capital employed
- Debt to equity
- 0.01
- Debt ₹0.98 Cr
- EPS (TTM)
- ₹6.65
- OPM (TTM)
- 2.7%
- Net margin 2.0%
- Sales growth
- +860.2%
- Latest quarter vs a year ago
- Profit growth
- +175.8%
- Latest quarter vs a year ago
- Price to sales
- 1.41
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly profit up 175.8% on a year ago.
- Quarterly sales up 860.2% on a year ago.
Risks to check
- Return on equity is low at 6.0%.
About Aviva Industries
Aviva Industries Limited manufactures and trades in agriculture products in India. The company is also involved in the trading of textile products. Aviva Industries Limited was incorporated in 1984 and is based in Ahmedabad, India.
- Headquarters
- Ahmedabad
- Sector
- Basic Materials
- ISIN
- INE461H01011
- Website
- avivaindustries.com
Price range
- Avg volume (3M)
- 44
- 1-year return
- plus 20.9%
- From 52-week high
- minus 6.4%
Peers
We couldn’t find listed peers for this company.
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 3 | 13.8 | 65 | 39.8 | 29 | |
| 2.8 | 12.6 | 63.7 | 39 | 28.3 | |
| 0.2 | 1.2 | 1.3 | 0.8 | 0.6 | |
| 5.6% | 8.9% | 2.0% | 2.1% | 2.1% | |
| 0 | 0 | 0 | 0 | 0 | |
| – | – | – | – | 0 | |
| 0.2 | 1.2 | 1.3 | 0.8 | 0.6 | |
| – | 27.6% | 27.9% | 26.0% | 25.2% | |
| 0.2 | 0.9 | 0.9 | 0.6 | 0.5 | |
| 1.12 | 5.94 | 0.38 | 0.19 | 0.14 |
Profit & loss
- Sales CAGR 3Y
- +390.7%
- Profit CAGR 3Y
- +594.1%
- EPS CAGR 3Y
- +167.9%
- ROE
- 6.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.7 | 0.6 | 0 | 81.8 | |
| – | minus 16.7% | minus 94.4% | +255445.9% | |
| 0.7 | 0.6 | 0.1 | 79.2 | |
| −0 | −0 | −0.1 | 2.6 | |
| −1.6% | −6.0% | −270.0% | 3.2% | |
| 0 | 0 | −0 | −0 | |
| – | – | – | 0 | |
| −0 | – | – | – | |
| 0 | −0 | −0.1 | 2.6 | |
| 5.1% | – | – | 27.1% | |
| 0 | −0 | −0.1 | 1.9 | |
| 0.04 | -0.23 | -0.58 | 0.77 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1.5 | 1.5 | 1.5 | 24.5 | |
| 1.6 | 1.6 | 1.5 | 50.4 | |
| 0.8 | 0.8 | 0.8 | 0.9 | |
| 0.2 | 0.3 | 0.3 | 3.3 | |
| 4.1 | 4.2 | 4.1 | 79.1 | |
| 1.6 | 1.7 | 1.7 | 1.7 | |
| 0 | 0 | 0 | 2.8 | |
| 2.4 | 2.5 | 2.4 | 74.6 | |
| 4.1 | 4.2 | 4.1 | 79.1 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0 | −0 | 0 | −67.4 | |
| – | – | – | 0 | |
| −0 | – | 0 | 70.2 | |
| −0 | −0 | 0 | 2.8 | |
| – | – | – | −0 | |
| 0 | −0 | 0 | −67.4 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.