Avio Smart Market Stack Limited ASMS NSETECH
Company Overview
Avio Smart Market Stack Limited provides automatic identification, data capture, and financial inclusion services in India and internationally. The company offers a range of banking services, including financial inclusion, business correspondent, and business facilitation banking services. It also provides e-government solutions that include health insurance, public distribution system, smart card based driving license and vehicle registration, and pilgrim management system. In addition, the company provides Internet of Things solutions in healthcare, agriculture, smart cities, and industrial automation industries; technology, mobility, and enterprise solutions; and application development, management, software quality assurance, and IT infrastructure management services. The company was formerly known as Bartronics India Limited and changed its name to Avio Smart Market Stack Limited in February 2026. Avio Smart Market Stack Limited was incorporated in 1990 and is headquartered in Hyderabad, India.
Why Investors Should Care
Generates a return on equity of 17.4%, reflecting efficient use of shareholder capital.
Revenue has grown at a 25.5% CAGR over the past five years.
Carries low leverage with a debt-to-equity ratio of 0.26.
Recent Developments
- Mar 2026 Revenue of ₹103.96 Cr (+159.7% YoY); net profit ₹5.93 Cr.
- Trailing 12 Months Year-on-year growth — revenue +159.7%, earnings +239.9%.
- 5-Year Trend Long-term compounding — revenue CAGR 25.5%, profit CAGR -62.2%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 25.47% |
| 1 Year: | 159.66% |
Compounded Profit Growth
| 5 Years: | -62.24% |
| 1 Year: | 239.86% |
Stock Price Performance
| 1 Year: | -46.72% |
| 6 Months: | -38.15% |
| 3 Months: | -19.12% |
| 1 Month: | -12.59% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)43.55 · Neutral
P/E of 37.63 is above the sector median of 27.67 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 25.5% over 5 years.
CONS
- Earnings shrank at -62.2% CAGR over 5 years.
- Trading 57.7% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ASMS Avio Smart Market Stack Limited NSETECH | 7.15 | 37.63 | ₹217.77 Cr | 0.00% | 13.06% | 17.37% | 25.47% | -62.24% |
| 2 | TCS Tata Consultancy Services Limited NIFTY50NSEAITECH | 2,173.50 | 15.98 | ₹7.86 L Cr | 3.14% | 54.93% | 45.89% | 5.80% | 5.30% |
| 3 | INFY Infosys Limited NIFTY50NSEAITECH | 1,084.40 | 1,355.50 | ₹4.40 L Cr | 4.68% | 41.66% | 33.85% | 3.44% | 3.58% |
| 4 | HCLTECH HCL Technologies Limited NIFTY50NSEAITECH | 1,176.30 | 18.35 | ₹3.19 L Cr | 8.25% | 27.21% | 22.14% | 8.65% | 3.87% |
| 5 | WIPRO Wipro Limited NIFTY50NSEAITECH | 175.97 | 14.01 | ₹1.85 L Cr | 9.69% | 17.85% | 14.91% | 0.78% | 5.16% |
| 6 | TECHM Tech Mahindra Limited NIFTY50NSEAITECH | 1,474.20 | 27.20 | ₹1.44 L Cr | 3.51% | 19.82% | 16.24% | 2.16% | -0.14% |
| 7 | LTM LTM Limited NSETECH | 4,076.50 | 24.10 | ₹1.21 L Cr | 1.86% | 25.39% | 20.89% | 8.43% | 4.41% |
| 8 | LGEINDIA LG ELECTRONICS INDIA LTD NIFTY_MIDNSETECH | 1,535.10 | 61.82 | ₹1.04 L Cr | 0.00% | 27.64% | 21.98% | 0.98% | - |
| 9 | OFSS Oracle Financial Services Software Limited NIFTY_MIDNSEAITECH | 11,729.00 | 38.82 | ₹1.02 L Cr | 5.71% | 43.24% | 33.72% | 10.42% | 13.48% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 15.33 Cr | 18.20 Cr | 14.82 Cr | 16.22 Cr | 16.29 Cr | 18.23 Cr | 15.37 Cr | 13.73 Cr | 11.47 Cr | 12.05 Cr | 8.91 Cr | 8.83 Cr | 12.40 Cr | 48.34 Cr | 34.39 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | 8.07 Cr | 8.77 Cr | 10.07 Cr | 45.05 Cr | 31.27 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | 83.24 L | 6.52 L | 2.33 Cr | 3.29 Cr | 3.11 Cr |
| Operating Expenses | 14.00 Cr | 16.29 Cr | 13.98 Cr | 14.72 Cr | 14.78 Cr | 16.41 Cr | 14.04 Cr | 12.77 Cr | 11.65 Cr | 12.19 Cr | 94.66 L | 89.64 L | 1.64 Cr | 75.49 L | 84.69 L |
| Operating Income | 26.00 L | 84.00 L | -23.00 L | 43.00 L | 44.00 L | 75.00 L | 26.00 L | -9.00 L | -1.23 Cr | -1.15 Cr | -11.42 L | -83.12 L | 68.97 L | 2.54 Cr | 2.27 Cr |
| EBITDA | 1.33 Cr | 1.91 Cr | 84.00 L | 1.50 Cr | 1.51 Cr | 1.82 Cr | 1.33 Cr | 96.00 L | -18.00 L | -14.00 L | 1.42 Cr | -78.83 L | 1.02 Cr | 2.75 Cr | 2.74 Cr |
| Interest Expense | 13.10 Cr | 13.10 Cr | 13.10 Cr | 13.10 Cr | 13.10 Cr | 13.10 Cr | 13.10 Cr | 13.10 Cr | 0 | 0 | 43,000 | 41,000 | 39,000 | 38,000 | 6.64 L |
| Pretax Income | -12.83 Cr | -12.03 Cr | -13.31 Cr | -12.66 Cr | -12.61 Cr | -12.31 Cr | -12.84 Cr | -13.06 Cr | -1.16 Cr | 458.93 Cr | 1.40 Cr | -80.48 L | 1.00 Cr | 2.68 Cr | 2.62 Cr |
| Tax Provision | -15.01 L | 1.17 Cr | 15.04 L | 14.05 L | 14.00 L | 15.02 L | -73.96 L | 16.98 L | 16.00 L | 19.05 Cr | 47.14 L | -1.25 Cr | 0 | 23.71 L | 52.99 L |
| Net Income | -12.98 Cr | -10.86 Cr | -13.16 Cr | -12.52 Cr | -12.46 Cr | -12.16 Cr | -13.58 Cr | -12.90 Cr | -1.00 Cr | 439.88 Cr | 93.10 L | 44.71 L | 1.00 Cr | 2.44 Cr | 2.08 Cr |
| Diluted EPS | -3.81 | -3.19 | -3.87 | -3.68 | -3.66 | -3.57 | -3.99 | -3.79 | -0.33 | 14.44 | 0.03 | 0.01 | 0.03 | 0.08 | 0.07 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Sep 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 153.00 Cr | 108.00 Cr | 109.00 Cr | 85.00 Cr | 75.00 Cr | 69.00 Cr | 66.00 Cr | 63.00 Cr | - | 52.63 Cr | 48.84 Cr | 40.04 Cr | 103.96 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | 46.72 Cr | 44.37 Cr | 36.53 Cr | 95.16 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | - | 5.91 Cr | 4.47 Cr | 3.51 Cr | 8.80 Cr |
| Operating Expenses | 235.00 Cr | 156.00 Cr | 97.00 Cr | 75.00 Cr | 61.00 Cr | 85.00 Cr | 59.00 Cr | 57.00 Cr | - | 8.12 Cr | 3.94 Cr | 3.86 Cr | 4.13 Cr |
| Operating Income | -135.00 Cr | -105.00 Cr | 1.00 Cr | 4.00 Cr | 8.00 Cr | -21.00 Cr | 2.00 Cr | 2.00 Cr | - | -2.21 Cr | 53.30 L | -35.01 L | 4.66 Cr |
| EBITDA | -82.00 Cr | -48.00 Cr | 12.00 Cr | 10.00 Cr | 14.00 Cr | -16.00 Cr | 7.00 Cr | 6.00 Cr | - | 160.06 Cr | 68.09 L | 2.45 Cr | 5.68 Cr |
| Interest Expense | 51.00 Cr | 70.00 Cr | 56.00 Cr | 52.00 Cr | 52.00 Cr | 52.00 Cr | 52.00 Cr | 52.00 Cr | - | 26.19 Cr | 0 | 73,000 | 7.82 L |
| Pretax Income | -122.00 Cr | -113.00 Cr | -36.00 Cr | -51.00 Cr | -42.00 Cr | -74.00 Cr | -47.00 Cr | -50.00 Cr | - | 129.69 Cr | 23.45 L | 2.40 Cr | 5.46 Cr |
| Tax Provision | 45.14 Cr | 14.69 Cr | 2.16 Cr | 51.00 L | 42.00 L | 7.40 Cr | -4.23 Cr | 1.00 Cr | - | 19.47 Cr | -1.15 Cr | 65.12 L | -48.49 L |
| Net Income | -77.00 Cr | -99.00 Cr | -33.00 Cr | -51.00 Cr | -42.00 Cr | -66.00 Cr | -51.00 Cr | -49.00 Cr | - | 110.22 Cr | 1.38 Cr | 1.75 Cr | 5.93 Cr |
| Diluted EPS | -22.51 | -28.98 | -9.83 | -14.98 | -12.29 | -19.48 | -15.06 | -14.46 | - | 3.62 | 0.05 | 0.06 | 0.19 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Sep 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 1,875.00 Cr | 1,579.00 Cr | 1,672.00 Cr | 1,646.00 Cr | 1,483.00 Cr | 1,480.00 Cr | 1,600.00 Cr | 1,578.00 Cr | - | 27.80 Cr | 29.74 Cr | 32.55 Cr | 68.04 Cr |
| Current Assets | - | - | - | - | - | - | - | - | - | 8.46 Cr | 13.17 Cr | 4.41 Cr | 27.35 Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | - | - | 3.94 Cr | 4.42 Cr | 1.58 Cr | 1.20 Cr |
| Inventory | - | - | - | - | - | - | - | - | - | 16.40 L | 5.14 L | 2.45 L | 2.14 L |
| Receivables | - | - | - | - | - | - | - | - | - | 2.26 Cr | 45.04 L | 2.45 Cr | 25.83 Cr |
| Total Liabilities | - | - | - | - | - | - | - | - | - | 2.40 Cr | 3.23 Cr | 4.31 Cr | 33.87 Cr |
| Current Liabilities | - | - | - | - | - | - | - | - | - | 2.35 Cr | 2.81 Cr | 3.51 Cr | 25.65 Cr |
| Long Term Debt | - | - | - | - | - | - | - | - | - | 0 | 0 | 14.97 L | 7.69 Cr |
| Total Debt | 700.00 Cr | 625.00 Cr | 705.00 Cr | 723.00 Cr | 669.00 Cr | 720.00 Cr | 1,045.00 Cr | 1,090.00 Cr | - | 0 | 0 | 18.35 L | 8.75 Cr |
| Total Equity | 364.00 Cr | 262.00 Cr | 239.00 Cr | 197.00 Cr | 180.00 Cr | 159.00 Cr | 148.00 Cr | 94.00 Cr | - | 25.41 Cr | 26.50 Cr | 28.25 Cr | 34.18 Cr |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | 30.46 Cr | 30.46 Cr | 30.46 Cr | 30.46 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Sep 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 94.00 Cr | 123.00 Cr | -8.00 Cr | 4.00 Cr | -4.00 Cr | 9.00 Cr | 61.00 Cr | 2.00 Cr | - | -9.29 Cr | -48.10 L | -2.52 Cr | 1.37 Cr |
| Investing Cash Flow | -56.00 Cr | -24.00 Cr | 5.00 Cr | -1.00 Cr | 4.00 Cr | 43.00 Cr | 10.00 Cr | 0 | - | 58.65 L | 95.65 L | -49.62 L | -10.24 Cr |
| Financing Cash Flow | -44.00 Cr | -117.00 Cr | 4.00 Cr | -2.00 Cr | 0 | -52.00 Cr | -69.00 Cr | -0 | - | -2.25 Cr | 0 | 17.62 L | 8.49 Cr |
| Capital Expenditure | 1.00 Cr | -2.00 Cr | -1.00 Cr | -1.00 Cr | 3.00 Cr | 0 | 4.00 Cr | 0 | - | -22,000 | -4.38 L | -27.92 L | -1.74 Cr |
| Free Cash Flow | 95.00 Cr | 121.00 Cr | -9.00 Cr | 3.00 Cr | -1.00 Cr | 9.00 Cr | 65.00 Cr | 2.00 Cr | - | -9.29 Cr | -52.48 L | -2.80 Cr | -37.80 L |
| Net Change in Cash | -6.00 Cr | -18.00 Cr | 1.00 Cr | 1.00 Cr | -0 | 0 | 2.00 Cr | 2.00 Cr | - | -10.96 Cr | 47.55 L | -2.84 Cr | -37.69 L |
Ratios (Annual)
Figures in %.
| Metric | Sep 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | 11.2% | 9.2% | 8.8% | 8.5% |
| Operating Margin % | -88.2% | -97.2% | 0.9% | 4.7% | 10.7% | -30.4% | 3.0% | 3.2% | - | -4.2% | 1.1% | -0.9% | 4.5% |
| Net Margin % | -50.3% | -91.7% | -30.3% | -60.0% | -56.0% | -95.7% | -77.3% | -77.8% | - | 209.4% | 2.8% | 4.4% | 5.7% |
| ROE % | -21.2% | -37.8% | -13.8% | -25.9% | -23.3% | -41.5% | -34.5% | -52.1% | - | 433.8% | 5.2% | 6.2% | 17.4% |
| ROCE % | - | - | - | - | - | - | - | - | - | -8.7% | 2.0% | -1.2% | 11.0% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
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ASMS — Frequently Asked Questions
What is the current share price of Avio Smart Market Stack Limited (ASMS)?
As of 2026-07-15 09:52 IST, Avio Smart Market Stack Limited (ASMS) trades at ₹7.15 on NSE. Its 52-week range is ₹7.00 to ₹16.89.
What is the market capitalisation of ASMS?
Avio Smart Market Stack Limited (ASMS) has a market capitalisation of ₹217.77 Cr on NSE.
What is the P/E ratio of ASMS?
ASMS trades at a trailing price-to-earnings (P/E) ratio of 37.63. The industry average P/E is 27.67. Its price-to-book (P/B) ratio is 6.14.
What is the return on equity (ROE) of ASMS?
ASMS has a return on equity (ROE) of 17.37%. Its return on capital employed (ROCE) is 13.06%.
Is ASMS a good stock to buy?
This page provides a data-driven analysis of Avio Smart Market Stack Limited (ASMS), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.