Avatar Industries Limited - automotive in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L62099MH1992PLC464238 Incorporated 20 February 1992 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: ASLIND Public Limited Company automotive MSME · Medium
Data last updated
Market Cap
₹215 Cr
AVATAR-SM · NSE
Share Price
₹196.25
-4.96% today
Revenue
₹103 Cr
FY 2025-26
EBITDA
−₹0.20 Cr
Margin -0.2%
Net Profit
₹0.37 Cr
FY 2025-26 · +362.5% YoY
ROE
1.1%
ROCE 1.4%
Authorised capital
₹11 Cr
Registered with MCA
Paid-up capital
₹10.42 Cr
Issued & subscribed

About Avatar Industries Limited

Data last updated:

Avatar Industries Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Asl Enterprises Limited. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 20 February 1992 and has been in existence for over 34 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L62099MH1992PLC464238. The company has 1 GST registration on record, which is no longer active. It is a listed company as per MCA records. Its shares are listed on NSE: ASLIND.

The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹10.42 Cr. It was formerly known as Asl Industries Private Limited. It is led by directors including Richa Pravin Rathod (Managing Director) and Kiran Dilip Thakore.

Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Nesco IT Park 10th Floor Building 4, Mumbai, Maharashtra, India – 400063.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹102.87 Cr. For the same year it recorded a net profit of ₹37 Lakh (net margin 0.4%) and EBITDA of -₹20 Lakh (EBITDA margin -0.2%). The net worth stands at ₹35.42 Cr (up 1.1% YoY). Total assets are valued at ₹35.41 Cr (up 1.1% YoY).

The company has about 28 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: ASL Industries. As per MCA filings, the company has satisfied charges of ₹42.26 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending. The company has 88 deals on record (87 market trades, 1 ipo); the latest was in March 2026.

Avatar Industries Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-JH-06-0012842). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aslindustries.in.

Company details

CIN L62099MH1992PLC464238
Registration Number 464238
Incorporation Date 20 February 1992
ROC Mumbai
Listing Status Listed (NSE: ASLIND)
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2026
Parent Company Asl Enterprises Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-JH-06-0012842

Name history

Avatar Industries has undergone 2 name changes throughout its history. The company was previously known as Asl Industries Private Limited, and Avatar Industries Limited. The current legal name is Avatar Industries Limited.

Company NameStatus
Avatar Industries LimitedCurrent
Asl Industries Private LimitedPrevious

CIN history

Avatar Industries has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L62099MH1992PLC464238, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L62099MH1992PLC464238Current
U36900WB1992PLC099901Previous
L36900WB1992PLC099901Previous
L62099WB1992PLC099901Previous

Recognitions & Rankings of Avatar Industries

MSME (Udyam registered) Ministry of MSME
Category
Medium (2026-27)
Udyam number
UDYAM-JH-06-0012842

Contact details

Avatar Industries Limited's registered office is in Mumbai, Maharashtra.

  • Registered Address
    Nesco IT Park 10th Floor Building 4, Mumbai, Maharashtra, India – 400063
  • Industry
    Automotive, Auto Parts & Components
Comprehensive company report
Avatar Industries Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Avatar Industries operates one associated brand: ASL Industries. Each brand links to its own profile.

BrandDescriptionWebsite
Transmission components are manufactured and supplied to OEMs.aslindustries.in

Financials of Avatar Industries Limited

FY 2025-26 filings available

Avatar Industries Limited reported revenue of ₹102.87 Cr for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹103 Cr
EBITDA
−₹0.20 Cr
+25.9% YoY
Profit After Tax
₹0.37 Cr
+362.5% YoY
Net Worth
₹35.42 Cr
+1.1% YoY
Total Assets
₹35.41 Cr
+1.1% YoY
Total Debt
Nil

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25
Income statement
Revenue1030.00
EBITDA(0.20)(0.27)
EBITDA margin-0.2%-
Profit before tax0.480.09
Net profit0.370.08
Net profit margin+0.4%-
EPS (₹)0.360.08
Balance sheet
Total assets35.4135.04
Net worth35.4235.04
Total debt0.000.00
Cash & bank0.650.01
Net working capital35.1434.78
Cash flow
Cash from operations0.27(0.02)
Cash from investing0.000.06
Cash from financing0.000.00
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue0.000.000.000.008.2010.4613.42
Revenue growth----100.0%-21.6%-22.1%-80.1%
EBITDA(0.14)(0.27)(0.76)(0.42)(0.57)(1.64)(0.88)
EBITDA margin-----7.0%-15.7%-6.6%
Profit before tax0.540.090.482.181.970.982.43
Net profit0.430.080.361.631.53(0.03)(1.89)
Net profit margin----+18.7%-0.3%-14.1%
EPS (₹)0.420.080.341.571.450.382.06
Balance sheet
Total assets35.4735.0435.0334.7333.0931.5831.65
Net worth35.4835.0435.0334.7333.0931.5831.65
Total debt0.000.000.000.000.000.000.00
Cash & bank0.340.01(0.03)0.27(0.09)0.571.17
Net working capital34.8534.7834.7334.3532.6631.0127.46
Cash flow
Cash from operations0.69(0.02)(0.30)0.36(0.69)(4.25)(17.24)
Cash from investing(0.35)0.060.000.000.024.1342.89
Cash from financing0.000.000.000.000.000.00(24.96)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 23 Oct 2026
ParticularsFY 2025-26FY 2024-25
Revenue1030.00
Other income0.680.36
Total expenses1030.27
Employee cost0.050.06
EBITDA(0.20)(0.27)
EBITDA margin-0.2%-
Depreciation0.000.00
Interest0.000.00
Profit before tax0.480.09
Tax0.110.01
Net profit0.370.08
Net profit margin+0.4%-
EPS (₹)0.360.08
ParticularsFY 2025-26FY 2024-25
Equity & liabilities
Share capital10.4210.42
Reserves & surplus25.0024.62
Shareholders' funds (net worth)35.4235.04
Minority interest0.000.00
Secured loans0.000.00
Unsecured loans0.000.00
Total debt0.000.00
Total liabilities35.4135.04
Assets
Gross block0.000.00
Net block0.000.00
Capital work in progress0.000.00
Investments0.000.00
Inventories0.000.00
Sundry debtors0.190.00
Cash & bank balances0.650.01
Loans & advances34.4634.87
Total current assets35.3034.88
Total current liabilities0.160.10
Net working capital35.1434.78
Total assets35.4135.04
ParticularsFY 2025-26FY 2024-25
Opening cash0.01(0.03)
Net cash from operating activities0.27(0.02)
Net cash from investing activities0.000.06
Net cash from financing activities0.000.00
Net change in cash0.270.04
Closing cash0.650.01
ParticularsFY 2025-26FY 2024-25
Growth
EBITDA growth+25.9%-
PBT growth+433.3%+9997.0%
Net income growth+362.5%-
Profitability & leverage
Net income margin+0.4%-
Return on capital employed+1.4%+0.3%
Return on net worth+1.1%+0.3%
Debt / equity0.000.00
Long-term debt / equity0.000.00
Interest cover0.000.00
Efficiency & per share
Fixed asset turnover0.000.00
Inventory turnover0.000.00
Debtors turnover1,082.840.00
EPS (₹)0.360.08
Dividend per share (₹)0.000.00
Book value per share (₹)34.0033.64
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue0.000.000.000.008.2010.4613.42
Revenue growth----100.0%-21.6%-22.1%-80.1%
Other income0.680.361.252.612.552.845.21
Total expenses0.140.270.760.428.7712.1014.30
Employee cost0.050.060.210.080.090.080.60
EBITDA(0.14)(0.27)(0.76)(0.42)(0.57)(1.64)(0.88)
EBITDA margin-----7.0%-15.7%-6.6%
Depreciation0.000.000.010.010.010.220.35
Interest0.000.000.000.000.000.001.55
Profit before tax0.540.090.482.181.970.982.43
Tax0.110.010.120.550.440.590.29
Net profit0.430.080.361.631.53(0.03)(1.89)
Net profit margin----+18.7%-0.3%-14.1%
EPS (₹)0.420.080.341.571.450.382.06
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital10.4210.4210.4210.4210.4210.4210.42
Reserves & surplus25.0624.6224.6124.3122.6721.1621.23
Shareholders' funds (net worth)35.4835.0435.0334.7333.0931.5831.65
Secured loans0.000.000.000.000.000.000.00
Unsecured loans0.000.000.000.000.000.000.00
Total debt0.000.000.000.000.000.000.00
Total liabilities35.4735.0435.0334.7333.0931.5831.65
Assets
Gross block0.000.000.070.070.070.075.24
Net block0.000.000.020.020.030.042.73
Capital work in progress0.000.000.000.000.000.000.00
Investments0.350.000.040.040.040.040.04
Inventories0.000.000.000.000.000.007.85
Sundry debtors0.000.000.020.030.093.753.59
Cash & bank balances0.340.01(0.03)0.27(0.09)0.571.17
Loans & advances34.6734.8734.7034.4232.7227.1319.40
Total current assets35.0134.8834.6934.7232.7231.4532.01
Total current liabilities0.160.10(0.04)0.370.060.444.55
Net working capital34.8534.7834.7334.3532.6631.0127.46
Total assets35.4735.0435.0334.7333.0931.5831.65
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.01(0.03)0.27(0.09)0.570.700.02
Net cash from operating activities0.69(0.02)(0.30)0.36(0.69)(4.25)(17.24)
Net cash from investing activities(0.35)0.060.000.000.024.1342.89
Net cash from financing activities0.000.000.000.000.000.00(24.96)
Net change in cash0.340.04(0.30)0.36(0.67)(0.12)0.68
Closing cash0.340.01(0.03)0.27(0.09)0.571.17
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth----100.0%-21.6%-22.1%-80.1%
EBITDA growth+48.2%+64.5%-81.0%+26.3%+65.2%-86.4%-148.4%
PBT growth+500.0%-81.3%-78.0%+10.7%+101.0%-59.7%+9998.0%
Net income growth+437.5%-77.8%-77.9%+6.5%+5200.0%+98.4%+43.2%
Revenue CAGR (3Y)--100.0%-100.0%-100.0%-50.4%-47.1%-38.1%
EBITDA CAGR (3Y)-30.7%-22.1%-22.6%-21.9%---
Profitability & leverage
Net income margin----+18.7%+3.7%+16.0%
Return on capital employed+1.5%+0.3%+1.4%+6.4%+5.8%-0.1%-0.7%
Return on net worth+1.2%+0.3%+1.0%+4.8%+4.5%-0.1%-5.9%
Debt / equity0.000.000.000.000.000.000.42
Long-term debt / equity0.000.000.000.000.000.000.15
Interest cover0.000.000.000.000.000.00-126.02
Efficiency & per share
Fixed asset turnover0.000.000.000.00117.143.940.36
Inventory turnover0.000.000.000.000.002.661.21
Debtors turnover0.000.000.000.004.272.853.17
EPS (₹)0.420.080.341.571.450.382.06
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)34.0533.6433.6333.3431.7730.3130.38

To see the full year-wise statements and ratios of Avatar Industries Limited, buy the company report.

Board of directors of Avatar Industries Limited

Avatar Industries has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kiran Dilip ThakoreDirector27 Aug 20242 Years 1 MonthsCurrent
Dilip Kumar GoyalDirector24 Jun 199927 Years 3 MonthsCurrent
Yatish Shankar PoojaryDirector14 Aug 20251 Years 2 MonthsCurrent
Karina Kashiram JadhavDirector12 Feb 20260 Years 8 MonthsCurrent
Richa Pravin RathodManaging Director23 Apr 20260 Years 6 MonthsCurrent

Charges & borrowings

Open charges
None
Satisfied charges
₹42.26 Cr
Breakdown by lending institutions
Axis Bank Limited₹20.63 Cr
State Bank of India₹8.50 Cr
Small Industries Development Bank of India₹6.40 Cr
Tata Capital Financial Services Limited₹4.13 Cr
Union Bank of India₹1.40 Cr
Others₹1.20 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Mar 2017100093062Axis Bank Limited₹11.5 CrSatisfied
27 Mar 2017100093066Axis Bank Limited₹9.13 CrSatisfied
07 Jan 201510546818Tata Capital Financial Services Limited₹4.13 CrSatisfied
20 Apr 201110289181Tata Capital Limited₹1.2 CrSatisfied
10 Nov 200580018725State Bank of India₹8.5 CrSatisfied

To see the full charge records of Avatar Industries Limited, buy the company report.

Total charge records: 9 View all charges

Deals & funding

Avatar Industries Limited has 88 deals on record (87 market trades, 1 ipo); the latest was in March 2026.

Total deals
88
Market trades
87
IPO
1

Deals on record (5 of 88)

WhenDealAmountParties
Mar 2026Market trade₹1.14 CrSeller: Pro Fin Capital Services Limited
Aug 2023Market trade₹16.9 LakhBuyer: Sarvagay Textile LLP
Seller: Tango Commosales LLP
Aug 2023Market trade₹93.5 LakhBuyer: Skybridge Incap Advisory LLP , Hansraj Commosales LLP
Seller: Hansraj Commosales LLP , Sunayana Investment Company Limited
Aug 2023Market trade₹20 LakhBuyer: Hansraj Commosales LLP
Seller: an individual
Aug 2023Market trade₹36 LakhBuyer: Skybridge Incap Advisory LLP
Seller: an individual

To see the full deal history of Avatar Industries Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Avatar Industries Limited was last rated by Crisil on 24 Dec 2020.

Rating agencyRated onRating
Crisil24 Dec 2020

To see the full credit ratings and regulatory alerts of Avatar Industries Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Avatar Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Avatar Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Avatar Industries Limited, buy the company report.

Recent activity

Avatar Industries Limited has 18 board changes on record since 1999: 6 appointments and 12 cessations. The latest: Richa Pravin Rathod was appointed as Managing Director on 23 Apr 2026.

Appointed
Richa Pravin Rathod was appointed as Managing Director.
Filing
Avatar Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Appointed
Karina Kashiram Jadhav was appointed as Director.
Appointed
Manali Arun Karangutkar was appointed as Additional Director.
AGM
Avatar Industries Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Ceased
Yatish Shankar Poojary ceased to be Additional Director.
Appointed
Yatish Shankar Poojary was appointed as Director.
Ceased
Shiksha Sharma ceased to be Additional Director.
Ceased
Anupriya Sharma ceased to be Additional Director.
Ceased
Subhash Shankar Gurav ceased to be Additional Director.
Ceased
Ashish Lodha ceased to be Director.
Ceased
Kiran Dilip Thakore ceased to be Additional Director.

32 earlier events are in the company report.

Frequently asked questions

Avatar Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 20 February 1992 (34+ years old) and is registered under CIN L62099MH1992PLC464238. Listed on NSE: ASLIND.

Avatar Industries reported revenue of ₹102.87 Cr for FY 2025-26 based on consolidated financials.

Avatar Industries has 5 current directors:

The latest financial statements of Avatar Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.

No. Avatar Industries has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Avatar Industries is L62099MH1992PLC464238. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Avatar Industries is a listed company as per MCA records. Its shares are listed on NSE (symbol: ASLIND).

Avatar Industries has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.

Avatar Industries was incorporated on 20 February 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.

Avatar Industries has 88 deals on record (87 market trades, 1 ipo); the latest was in March 2026.