AVI Products India Limited reported a net loss for the financial year ended March 31, 2026, as total assets declined significantly to ₹523.51 lakh from ₹799.48 lakh in the previous year. The company's board approved the standalone audited financial results for the quarter and year ended March 31, 2026, during a meeting held on May 30, 2026. The statutory auditors, SARA & Associates, issued an unmodified opinion on the results, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The financial statements reveal a challenging year for the company, with a profit before tax of (₹192.45) lakh compared to ₹7.18 lakh in the prior year. Cash and cash equivalents dropped to ₹3.37 lakh as of March 31, 2026, down from ₹319.00 lakh at the beginning of the period. The board decided not to declare a dividend for the financial year 2025-2026.

Financial Performance

The company's balance sheet shows a reduction in both current and non-current assets. Non-current assets fell to ₹16.39 lakh from ₹143.09 lakh, driven primarily by a decrease in property, plant, and equipment to ₹14.59 lakh. Current assets also decreased to ₹507.12 lakh from ₹656.39 lakh, with inventories reducing to ₹123.22 lakh and trade receivables to ₹20.34 lakh.

Cash Flow Analysis

The cash flow statement highlights a net decrease in cash and cash equivalents of ₹315.63 lakh for the year. Net cash generated by operating activities was negative at (₹311.25) lakh, while investing activities provided a net inflow of ₹81.93 lakh, largely due to the sale of property, plant, and equipment. Financing activities resulted in a net outflow of ₹86.31 lakh, primarily from the repayment of short-term borrowings amounting to ₹81.00 lakh.

Regulatory Disclosures

In a separate filing, AVI Products India Limited confirmed that Regulation 32(1) of the SEBI LODR Regulations, 2015, is not applicable as the company did not raise funds through public issue, rights issue, preferential issue, or QIP during the year. Additionally, the company declared it is not identified as a "Large Corporate" as of March 31, 2026, under the SEBI circular dated August 10, 2021, regarding fundraising by issuance of debt securities. Outstanding qualified borrowings at the start and end of the financial year were nil.

AVI Products India Limited has announced that its board of directors will meet on Saturday, May 30, 2026. The meeting is convened pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda for the Meeting

The board will deliberate on several key items during the session. The primary focus is the approval of the standalone audited financial results for the quarter and fiscal year ended March 31, 2026. Furthermore, the directors will evaluate the possibility of recommending a dividend for the financial year 2025-26. The agenda also includes provisions for any other business that may be permitted by the Chair.

Trading Window Closure

In accordance with the company's code of conduct for the prevention of insider trading, the trading window for dealing in the company's securities remains closed. This restriction applies to directors, promoters, the promoter group, designated persons, and their immediate relatives. The window closed effective April 1, 2026, and will remain shut until 48 hours after the declaration of the audited financial results. Consequently, the closure is expected to extend until June 2, 2026.

Key Meeting Details