Avio Smart Market Stack Ltd
- Market cap
- ₹ 164 Cr.
- P/E
- 27.6x
- P/B
- 4.94x
- 52-week range
- 4.68 – 16.7
- ROE
- 19%
- ROCE
- 16%
- Dividend yield
- 0%
- Debt / equity
- 0.26
- Sector
- IT - Services
- Industry
- IT Enabled Services
- Listed on
- NSE, BSE
About
Avio Smart Market Stack Limited, formerly Bartronics India Limited, is an India-based company. It is engaged in building a unified rural operating system integrating financial inclusion, agriculture, rural commerce, climate solutions, and healthcare to digitally enable farmers and underserved communities. Its financial inclusion ecosystem connects millions to banking, credit, insurance, and pension services. Its Avio Agritech enables farmers and agri-ecosystem participants with data-led tools and platforms to improve productivity, access services, and participate across the agri value chain. Its healthtech delivers diagnostic solutions, advanced biotech research, and scalable healthcare systems designed for impact across emerging markets. The Company supports diagnostic solutions through Huwel Life Sciences, which has developed over 100 validated diagnostic products for tuberculosis (TB), infectious diseases, antimicrobial resistance, viral threats, genetic disorders, and cancer.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
IT Enabled Services: 107 companies →Avio Smart Market Stack Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)27.6 against a typical 24.9: pricier than most peers (1st = cheapest).56th of 106
- Sales growth+34.3% against a typical +20.8% from a year earlier.29th of 85
- Profit growth−1.1% against a typical +5.6% from a year earlier.43rd of 77
- Share price, 3 months−22.1% against a typical −10%.72nd of 93
- Size₹ 164.3 Cr. market value against a typical ₹ 206.6 Cr. (1st = largest).55th of 100
Latest announcements
Exchange filings and their impact on the company.
- Board approved up to Rs 49 cr rights issue to fund Rs 14 cr AgriTech investment with 70% revenue share.
On October 23, 2026 the board approved raising up to Rs 49 crore via a rights issue of Rs 1 face value shares, with price, ratio and record date to be fixed later. Out of the proceeds, Rs 14 crore will be invested in Ampivo Smart Technologies to expand its Agri Kisan Setu AgriTech and carbon credits platform, raising the stake from 4.67% to 12.70% and giving 70% of revenues from customers the company brings in. The board also withdrew its earlier preferential allotment application for 11.13 crore shares due to non-compliance and will refile after corrections.
Fund raises
QIPs, preferential issues, warrants and rights issues, one row per filing, newest first. Open a row for details. All fund raise updates
| Stage | Details | |||||
|---|---|---|---|---|---|---|
| 23 Oct 2026 | Rights issue | Board approved | ₹ 49 Cr. | — | — |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 29 Oct 2026Upcoming | Fund Raising | To consider Fund Raising |
| 23 Oct 2026 | Fund Raising | To consider Fund Raising |
| 3 Sep 2026 | Fund Raising/Other business matters | To consider Fund Raising and other business matters |
| 12 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 29 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 2 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 8 Jan 2026 | Other business matters | To consider other business matters1. To consider and propose the reclassification of the authorised share capital of the Company and the consequent amendment to the Capital Clause of the Memorandum of Association of the Company, subject to the approval of the members of the Company.2. With reference to our earlier intimation dated 12th December, 2025, regarding the Notice of Postal Ballot, to consider and approve the amended Notice of Postal Ballot and other incidental matters thereto.3. To consider and approve the proposal for making an investment in M/s Shree Naga Narasimha Private Limited, in one or more tranches, for acquisition of up to 51% of its equity share capital, subject to completion of due diligence, and to authorise the Board to finalise and execute the terms and conditions thereof.4. Any other matter with the permission of the Chair. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 16 | 16 | 18 | 15 | 14 | 11 | 12 | 9 | 9 | 48 | 34 | 12 |
| Expenses | 15 | 15 | 16 | 14 | 13 | 12 | 12 | 9 | 10 | 46 | 32 | 12 |
| Operating Profit | 2 | 2 | 2 | 1 | 1 | −0 | −0 | −0 | −1 | 3 | 2 | 0 |
| OPM % | 9.3% | 9.3% | 10% | 8.7% | 7% | −1.6% | −1.2% | −1.1% | −9.3% | 5.4% | 6.8% | 1.1% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 460 | 2 | 0 | 0 | 0 | 1 |
| Interest | 13 | 13 | 13 | 13 | 13 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | −13 | −13 | −12 | −13 | −13 | −1 | 459 | 1 | −1 | 3 | 3 | 1 |
| Tax % | −1.1% | −1.1% | −1.2% | 5.8% | −1.3% | −13.8% | 4.2% | 33.3% | −156.3% | 9% | 20.2% | −41.5% |
| Net Profit | −13 | −12 | −12 | −14 | −13 | −1 | 440 | 1 | 0 | 2 | 2 | 1 |
| EPS in Rs | −3.68 | −3.66 | −3.57 | −3.99 | −3.79 | −0.33 | 14.44 | 0.03 | 0.01 | 0.08 | 0.07 | 0.03 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- −1%
- 5 Years
- 11%
- 3 Years
- 26%
- TTM
- 160%
- 10 Years
- −13%
- 5 Years
- 16%
- 3 Years
- 30%
- TTM
- 2,276%
- 10 Years
- −6%
- 5 Years
- 21%
- 3 Years
- −14%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Avio Smart Market Stack Ltd | ₹ 5.45 | ₹ 164 Cr. | 27.6x | 4.9x | 19% | — |
| Tata Consultancy Services | ₹ 2,528.00 | ₹ 9,14,653 Cr. | 15.7x | 7.7x | 48% | 18.2% |
| Infosys | ₹ 1,154.50 | ₹ 4,68,523 Cr. | 14.8x | 4.8x | 31.2% | 16.5% |
| HCL Technologies | ₹ 1,424.00 | ₹ 3,86,426 Cr. | 18.8x | 4.4x | — | 13% |
| Tech Mahindra | ₹ 1,789.40 | ₹ 1,75,385 Cr. | 27.9x | 5.2x | — | 8.7% |
| Billionbrains Garage Ventures | ₹ 181.65 | ₹ 1,13,960 Cr. | 61.3x | 13.3x | — | 46.5% |
Management
- Kosuri Kanaka
- Chief Financial Officer
- Diksha Omer
- Chief Compliance Officer, Company Secretary
- Udai Sagar Kanukolanu
- Managing Director, Director
Prices are delayed and for information only. Nothing on this page is investment advice.