Bartronics India Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Strong return on equity (ROE 19%)
- Efficient capital deployment (ROCE 15.5%)
- Low debt relative to equity (D/E 0.3x)
- Near 52-week low — potential value zone (₹7)
Concerns
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| TCS Tata Consultancy Services Limited | ₹2,304 | ₹8.3L Cr | 15.5 | 7.78 | 51.8 | 63 | 0.11 |
| INFY Infosys Limited | ₹1,130 | ₹4.6L Cr | 14.7 | 5.02 | 31.9 | 40 | 0.1 |
| HCLTECH HCL Technologies Limited | ₹1,293 | ₹3.5L Cr | 19.4 | 4.67 | 23.8 | 30.4 | 0.07 |
| WIPRO Wipro Limited | ₹176 | ₹1.7L Cr | 13.2 | 2.1 | 15.5 | 17.8 | 0.23 |
| TECHM Tech Mahindra Limited | ₹1,597 | ₹1.6L Cr | 29.4 | 5.29 | 17.5 | 23.1 | 0.07 |
| LTM LTM Limited | ₹4,554 | ₹1.4L Cr | 24.1 | 5.62 | 23.1 | 29.6 | 0.1 |
| OFSS Oracle Financial Services Software Limited | ₹12,058 | ₹1.1L Cr | 30.8 | 13.41 | 32.6 | 45.3 | 0 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
ASMS · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 90.00% | 90.00% | 89.75% | 85.57% | 81.29% | 75.00% |
| FII | — | — | — | — | 3.19% | 3.97% |
| DII | 0.22% | 0.22% | 0.22% | 0.22% | 0.22% | 0.22% |
| Public | 9.77% | 9.78% | 10.03% | 14.22% | 15.30% | 20.81% |
Corporate Events
To consider and approve the financial results for the period ended March 31, 2026
Annual General Meeting
Annual General Meeting
Latest News
All newsAvio Smart to set up freeze-drying facility in Tripura
*Avio Smart to set up freeze-drying facility in Tripura*. Avio Smart Market Stack Limited signed an MoU with the Government of Tripura to establish a freeze-drying facility for fruits and vegetables. The project aims to boost agri-processing and reduce post-harvest losses. Details on investment size and timeline were not disclosed. 📊 *STOCKS:* AVIO | 🏢 *SECTOR:* Orders | #MEDIUMIMPACT #AgriTech
Avio appoints Sandeep Pandya to lead global healthcare expansion
*Avio appoints Sandeep Pandya to lead global healthcare expansion.* The move signals a strategic push into international diagnostics markets. Pandya brings **20+ years** of global healthcare experience. This leadership hire aims to scale the company’s footprint in emerging regions. 📊 *STOCKS:* AVIO | 🏢 *SECTOR:* Corporate | #MEDIUMIMPACT #Leadership
Avio Smart Market Stack sets record date for meeting
*Avio Smart Market Stack sets record date for meeting*. Avio Smart Market Stack Limited has announced **23-Sep-2026** as the record date for its upcoming meeting. The purpose is to determine eligibility for shareholders participating in the meeting. No financial impact is expected from this procedural step. 📊 *STOCKS:* $AVIO | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #RecordDate
Avio Smart Market Stack calls shareholder meeting for 2026
*Avio Smart Market Stack calls shareholder meeting for 2026.* The company has scheduled a shareholder meeting on **September 30, 2026**, as per an NSE filing. Purpose of the meeting not disclosed yet. Such events typically precede key corporate announcements or approvals. 📊 *STOCKS:* $AVIO | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #ShareholdersMeeting
Avio Smart partners with ProClime for biochar-based agriculture solutions
*Avio Smart partners with ProClime for biochar-based agriculture solutions*. Avio Smart Market Stack Limited announced a collaboration with ProClime to develop biochar-based soil solutions aimed at climate-resilient farming. The partnership focuses on sustainable agriculture tech, though financial details or revenue impact were not disclosed. This strategic move aligns with ESG trends but lacks immediate earnings visibility. 📊 *STOCKS:* $AVIOSMART | 🏢 *SECTOR:* Corporate | #LOWIMPACT #Sustainability
Avio Smart partners StandardWings for AI rural infrastructure
*Avio Smart partners StandardWings for AI rural infrastructure* — Avio Smart Market Stack Ltd partnered with StandardWings to develop AI-powered digital infrastructure targeting rural India. The collaboration aims to enhance connectivity and digital access in underserved areas. No financial details or revenue impact disclosed. 📊 *STOCKS:* AVIO | 🏢 *SECTOR:* Corporate | #LOWIMPACT #Partnership
Bartronics India shares unchanged after investor presentation.
*Bartronics India shares unchanged after investor presentation.* The company shared an investor presentation with no new financial updates or guidance. The filing contains routine business overview and operational metrics. No material announcements were made. 📊 *STOCKS:* BARTRONICS | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #InvestorPresentation
Bartronics unit explores healthcare vertical expansion via talks with Mediciti Institute
*Bartronics unit explores healthcare vertical expansion via talks with Mediciti Institute*. Avio Smart Market Stack, a subsidiary of Bartronics India, is in strategic discussions to strengthen its diagnostics and healthcare vertical with Mediciti Institute. The move aims to expand presence in the healthcare sector through potential collaborations. No financial details or binding agreements disclosed yet. 📊 *STOCKS:* BARTRONICS | 🏢 *SECTOR:* Corporate | #LOWIMPACT #StrategicDiscussions
Financials
Quarterly Results
| Metric | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹12.05 Cr 5.1% | ₹11.47 Cr 16.5% | ₹13.73 Cr 10.7% | ₹15.37 Cr 15.7% | ₹18.23 Cr 13.9% | ₹16 Cr 0.0% | ₹16 Cr 6.7% | ₹15 Cr |
| Op. Profit | ₹-0.14 Cr 22.2% | ₹-0.18 Cr 118.8% | ₹0.96 Cr 27.8% | ₹1.33 Cr 26.9% | ₹1.82 Cr 9.0% | ₹2 Cr 0.0% | ₹2 Cr 100.0% | ₹1 Cr |
| OPM | -1.2% 26.1% | -1.6% 122.5% | 7.0% 19.2% | 8.7% 13.3% | 10.0% 10.9% | 9.0% 0.0% | 9.0% 50.0% | 6.0% |
| Net Profit | ₹439.88 Cr 44088.0% | ₹-1 Cr 92.2% | ₹-12.9 Cr 5.0% | ₹-13.58 Cr 11.7% | ₹-12.16 Cr 1.3% | ₹-12 Cr 7.7% | ₹-13 Cr 0.0% | ₹-13 Cr |
| EPS (₹) | 14.44 4475.8% | -0.33 91.3% | -3.79 5.0% | -3.99 11.8% | -3.57 2.5% | -3.66 0.5% | -3.68 4.9% | -3.87 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2025 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Sep 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹40 Cr 23.1% | ₹52 Cr 20.0% | ₹65 Cr 3.2% | ₹63 Cr 4.5% | ₹66 Cr 4.3% | ₹69 Cr 8.0% | ₹75 Cr 11.8% | ₹85 Cr 22.0% | ₹109 Cr 28.8% | ₹153 Cr |
| Expenses | ₹40 Cr 20.0% | ₹50 Cr 16.7% | ₹60 Cr 5.3% | ₹57 Cr 3.4% | ₹59 Cr 30.6% | ₹85 Cr 39.3% | ₹61 Cr 18.7% | ₹75 Cr 22.7% | ₹97 Cr 58.7% | ₹235 Cr |
| Op. Profit | ₹0 Cr 100.0% | ₹2 Cr 66.7% | ₹6 Cr 0.0% | ₹6 Cr 14.3% | ₹7 Cr 143.8% | ₹-16 Cr 214.3% | ₹14 Cr 40.0% | ₹10 Cr 16.7% | ₹12 Cr 114.6% | ₹-82 Cr |
| OPM | -1.0% 125.0% | 4.0% 55.6% | 9.0% 0.0% | 9.0% 18.2% | 11.0% 145.8% | -24.0% 226.3% | 19.0% 58.3% | 12.0% 9.1% | 11.0% 120.8% | -53.0% |
| Other Income | ₹3 Cr 99.3% | ₹460 Cr | ₹0 Cr | ₹0 Cr 100.0% | ₹3 Cr | ₹0 Cr 100.0% | ₹2 Cr 166.7% | ₹-3 Cr 115.8% | ₹19 Cr 69.8% | ₹63 Cr |
| Interest | ₹0 Cr 100.0% | ₹26 Cr 50.0% | ₹52 Cr 0.0% | ₹52 Cr 0.0% | ₹52 Cr 0.0% | ₹52 Cr 0.0% | ₹52 Cr 0.0% | ₹52 Cr 7.1% | ₹56 Cr 9.8% | ₹51 Cr |
| Depreciation | ₹0 Cr 100.0% | ₹4 Cr 0.0% | ₹4 Cr 0.0% | ₹4 Cr 20.0% | ₹5 Cr 0.0% | ₹5 Cr 16.7% | ₹6 Cr 0.0% | ₹6 Cr 45.5% | ₹11 Cr 79.2% | ₹53 Cr |
| PBT | ₹2 Cr 99.5% | ₹432 Cr 947.1% | ₹-51 Cr 2.0% | ₹-50 Cr 6.4% | ₹-47 Cr 36.5% | ₹-74 Cr 76.2% | ₹-42 Cr 17.6% | ₹-51 Cr 41.7% | ₹-36 Cr 70.5% | ₹-122 Cr |
| Tax % | 27.0% 440.0% | 5.0% 600.0% | -1.0% 50.0% | -2.0% 122.2% | 9.0% 190.0% | -10.0% 900.0% | -1.0% 0.0% | -1.0% 83.3% | -6.0% 83.8% | -37.0% |
| Net Profit | ₹2 Cr 99.5% | ₹412 Cr 924.0% | ₹-50 Cr 2.0% | ₹-49 Cr 3.9% | ₹-51 Cr 22.7% | ₹-66 Cr 57.1% | ₹-42 Cr 17.6% | ₹-51 Cr 54.5% | ₹-33 Cr 57.1% | ₹-77 Cr |
| EPS (₹) | 0.06 99.6% | 13.54 191.7% | -14.77 2.1% | -14.46 4.0% | -15.06 22.7% | -19.48 58.5% | -12.29 18.0% | -14.98 52.4% | -9.83 56.3% | -22.51 |
| Div Payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Sep 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹30 Cr 11.8% | ₹34 Cr 0.0% | ₹34 Cr 0.0% | ₹34 Cr 0.0% | ₹34 Cr 0.0% | ₹34 Cr 0.0% | ₹34 Cr 0.0% | ₹34 Cr 0.0% | ₹34 Cr 0.0% | ₹34 Cr |
| Reserves | ₹498 Cr 1456.3% | ₹32 Cr 46.7% | ₹60 Cr 47.4% | ₹114 Cr 8.8% | ₹125 Cr 14.4% | ₹146 Cr 10.4% | ₹163 Cr 20.5% | ₹205 Cr 10.1% | ₹228 Cr 30.9% | ₹330 Cr |
| Borrowings | ₹0 Cr 100.0% | ₹1.2K Cr 5.9% | ₹1.1K Cr 4.3% | ₹1.0K Cr 45.1% | ₹720 Cr 7.6% | ₹669 Cr 7.5% | ₹723 Cr 2.6% | ₹705 Cr 12.8% | ₹625 Cr 10.7% | ₹700 Cr |
| Other Liabilities | ₹222 Cr 44.2% | ₹398 Cr 0.8% | ₹395 Cr 2.7% | ₹406 Cr 32.4% | ₹601 Cr 5.2% | ₹634 Cr 12.7% | ₹726 Cr 0.3% | ₹728 Cr 5.1% | ₹693 Cr 14.5% | ₹811 Cr |
| Total Liabilities | ₹750 Cr 53.7% | ₹1.6K Cr 2.6% | ₹1.6K Cr 1.4% | ₹1.6K Cr 8.1% | ₹1.5K Cr 0.2% | ₹1.5K Cr 9.9% | ₹1.6K Cr 1.6% | ₹1.7K Cr 5.9% | ₹1.6K Cr 15.8% | ₹1.9K Cr |
Assets | ||||||||||
| Fixed Assets | ₹199 Cr 8.7% | ₹218 Cr 2.2% | ₹223 Cr 1.8% | ₹227 Cr 3.0% | ₹234 Cr 2.1% | ₹239 Cr 3.6% | ₹248 Cr 3.9% | ₹258 Cr 3.4% | ₹267 Cr 17.3% | ₹323 Cr |
| CWIP | ₹0 Cr 100.0% | ₹12 Cr 0.0% | ₹12 Cr 0.0% | ₹12 Cr 14.3% | ₹14 Cr 0.0% | ₹14 Cr 0.0% | ₹14 Cr 0.0% | ₹14 Cr 0.0% | ₹14 Cr 7.7% | ₹13 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other Assets | ₹551 Cr 60.3% | ₹1.4K Cr 3.3% | ₹1.3K Cr 1.2% | ₹1.4K Cr 10.4% | ₹1.2K Cr 0.2% | ₹1.2K Cr 11.1% | ₹1.4K Cr 1.1% | ₹1.4K Cr 7.9% | ₹1.3K Cr 15.7% | ₹1.5K Cr |
| Total Assets | ₹750 Cr 53.7% | ₹1.6K Cr 2.6% | ₹1.6K Cr 1.4% | ₹1.6K Cr 8.1% | ₹1.5K Cr 0.2% | ₹1.5K Cr 9.9% | ₹1.6K Cr 1.6% | ₹1.7K Cr 5.9% | ₹1.6K Cr 15.8% | ₹1.9K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Sep 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹-4 Cr 200.0% | ₹4 Cr 100.0% | ₹2 Cr 96.7% | ₹61 Cr 577.8% | ₹9 Cr 325.0% | ₹-4 Cr 200.0% | ₹4 Cr 150.0% | ₹-8 Cr 106.5% | ₹123 Cr 30.9% | ₹94 Cr |
| Investing CF | ₹1 Cr | ₹0 Cr | ₹0 Cr 100.0% | ₹10 Cr 76.7% | ₹43 Cr 975.0% | ₹4 Cr 500.0% | ₹-1 Cr 120.0% | ₹5 Cr 120.8% | ₹-24 Cr 57.1% | ₹-56 Cr |
| Financing CF | ₹-2 Cr | ₹0 Cr | ₹0 Cr 100.0% | ₹-69 Cr 32.7% | ₹-52 Cr | ₹0 Cr 100.0% | ₹-2 Cr 150.0% | ₹4 Cr 103.4% | ₹-117 Cr 165.9% | ₹-44 Cr |
| Net Cash Flow | ₹-6 Cr 250.0% | ₹4 Cr 100.0% | ₹2 Cr 0.0% | ₹2 Cr | ₹0 Cr | ₹0 Cr 100.0% | ₹1 Cr 0.0% | ₹1 Cr 105.6% | ₹-18 Cr 200.0% | ₹-6 Cr |
| Free Cash Flow | ₹-4 Cr 200.0% | ₹4 Cr 100.0% | ₹2 Cr 96.9% | ₹65 Cr 622.2% | ₹9 Cr 1000.0% | ₹-1 Cr 133.3% | ₹3 Cr 133.3% | ₹-9 Cr 107.4% | ₹121 Cr 27.4% | ₹95 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Sep 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 2363d 60.9% | 6051d 0.8% | 6099d 3.0% | 5923d 17.8% | 5030d 15.6% | 4353d 11.9% | 4940d 26.5% | 3904d 8.4% | 3603d 14.5% | 3147d |
| Inventory Days | 21d 94.6% | 389d | — | 124d 61.0% | 77d 55.5% | 173d 80.2% | 96d 104.3% | 47d 11.3% | 53d 253.3% | 15d |
| Days Payable | 23400d 18.5% | 19744d | — | 3179d 35.6% | 4936d 39.7% | 8185d 50.8% | 5428d 209.6% | 1753d 37.2% | 2792d 82.7% | 1528d |
| Cash Conv. Cycle | -21016d 58.0% | -13304d 318.1% | 6099d 112.7% | 2867d 1576.6% | 171d 104.7% | -3659d 835.8% | -391d 117.8% | 2198d 154.4% | 864d 47.2% | 1635d |
| Working Capital Days | 2188d 214.7% | -1908d 4.5% | -1826d 27.0% | -1438d 3.0% | -1396d 21.7% | -1147d 17.4% | -977d 54.1% | -634d 3.4% | -613d 105.0% | -299d |
| ROCE | 0.0% | 0.0% | 0.0% 100.0% | 1.0% 150.0% | -2.0% 300.0% | 1.0% | 0.0% 100.0% | 8.0% 300.0% | -4.0% 50.0% | -8.0% |
Source: Screener.in · Lower days = better efficiency
About Bartronics India Limited
Incorporated in 1990, Bartronics India Ltd provides Automatic Identification & Data Capture (AIDC) solutions[1]
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