Ind Agiv Commerce (BSE: INDAGIV) is loss-making over the last 12 months, losing ₹1.27 Cr, so a P/E ratio does not apply. Its share price on 22 Oct 2026 was ₹39.00, 53% below its 52-week high. Sales fell 42% a year over 3 years. Its net worth is negative, as liabilities exceed assets, and borrowings are ₹7.71 Cr. It is a small-cap company with a market cap of ₹12 Cr; the shares fell 46% over the past year.
- ₹39.00
- ₹39.00
- ₹39.00
- ₹39.00
- 200
Health check
- ReturnsWeak
−45.8% over the past year.
- Price tagNegative equity
Book value is below zero, so P/E and P/B mislead here.
- GrowthShrinking
Sales −41.8% a year over 3 years.
- ProfitabilityDistorted
With negative net worth, return ratios are meaningless.
- Balance sheetStretched
Negative net worth: liabilities exceed assets.
- Red flags4 to check
Loss-making over the last twelve months.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹12 Cr
- Small cap
- P/E
- n/a
- Price to book
- −5.96
- Book value ₹−6.55
- Dividend yield
- 0.00%
- ROE
- n/a
- Return on equity
- ROCE
- 56.4%
- Return on capital employed
- Debt to equity
- n/a
- Debt ₹7.71 Cr
- EPS (TTM)
- −₹3.48
- OPM (TTM)
- −33.0%
- Net margin −106.8%
- Sales growth
- n/a
- Year-ago quarter not reported
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 10.05
- EV/EBITDA −50.7
Strengths and risks
Strengths
- Return on capital employed of 56.4%.
Risks to check
- Loss-making over the last twelve months.
- Negative net worth: liabilities exceed assets.
- 53% below its 52-week high.
- Interest coverage of only −0.1×.
About Ind Agiv Commerce
Ind Agiv Commerce Limited provides installation and commissioning services for audiovisual system integration and distributes paint products in India. It also offers solutions for meeting and training rooms, boardrooms, and auditoriums, as well as digital signage or video wall, multimedia or display systems, audiovisual venues, and interactive or control systems. The company was formerly known as Vishal Electro-Mach (India) Ltd and changed its name to Ind…
- Headquarters
- Mumbai
- Sector
- Technology
- ISIN
- INE115E01010
- Website
- agivavit.com
Price range
- Avg volume (3M)
- 74
- 1-year return
- minus 45.8%
- From 52-week high
- minus 53.2%
Peers
We couldn’t find listed peers for this company.
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 1.6 | 0.4 | 0.1 | 0 | – | |
| 1.6 | 0.8 | 0.1 | 0.1 | – | |
| 0 | −0.5 | −0 | −0.1 | −0.1 | |
| 2.6% | −132.3% | −22.9% | −9916.7% | – | |
| 0 | 0.3 | 0 | 0 | 0 | |
| 0.1 | 0.1 | 0 | – | 0 | |
| 0 | 0 | 0 | 0 | 0 | |
| – | – | – | −0.8 | – | |
| −0.1 | −0.3 | −0 | −0.8 | −0.1 | |
| −0.1 | −0.3 | −0 | −0.8 | −0.1 | |
| -1.06 | -3.03 | 0.17 | -0.31 | -0.31 |
Profit & loss
- Sales CAGR 3Y
- −41.8%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 13.1 | 8.9 | 3.9 | 2.6 | |
| – | minus 31.7% | minus 56.4% | minus 33.9% | |
| 14.1 | 9.8 | 4.3 | 3.1 | |
| −1 | −0.8 | −0.4 | −0.5 | |
| −7.8% | −9.5% | −11.4% | −19.6% | |
| −0.2 | 0.1 | −0.1 | 9.6 | |
| 2 | 2.5 | 1.2 | 9.6 | |
| 0.1 | −0 | −0 | 0 | |
| 0.3 | – | −0.2 | −0.8 | |
| −3 | −3.2 | −1.9 | −1.3 | |
| 2.0% | – | 0.2% | – | |
| −2.9 | −3.2 | −1.9 | −1.3 | |
| -28.95 | -31.60 | -18.96 | -4.12 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1 | 1 | 1 | 3.1 | |
| −2.7 | −7.7 | −7.7 | −5.1 | |
| 9.4 | 8.9 | 4.9 | 5.1 | |
| 22.2 | 31.2 | 32.1 | 16.5 | |
| 30 | 33.4 | 30.3 | 19.6 | |
| 0.1 | 0 | 0 | 0 | |
| 0.6 | 0.4 | 0.5 | 0.4 | |
| 3.5 | 2.9 | 0.6 | 0.2 | |
| 25.8 | 30 | 29.2 | 19 | |
| 30 | 33.4 | 30.3 | 19.6 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −8.1 | −1.9 | −3.8 | −6.4 | |
| 7.7 | 2.1 | 0 | 0 | |
| – | −0 | – | 6 | |
| −0.3 | 0.2 | −3.8 | −0.4 | |
| −0.4 | −0.4 | −0 | – | |
| −8.5 | −2.3 | −3.8 | −6.4 |
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.