1:10 Stock Split: Stock Jumps 8% After Company Sets Record Date for Share Split

Synopsis: Avro India Limited announced a split aimed at improving stock accessibility and liquidity, drawing investor attention and supporting sentiment around the company’s near-term market participation outlook.

The shares of this micro-cap company majorly engaged in manufacturing and plastic moulded furniture and granules, jumped over 8 percent after management announced  about the stock split 

With the market capitalization of Rs. 170 Crores, the shares of Avro India Ltd reached an intraday high of Rs. 136 per share raising nearly 9 percent from its previous day close of Rs. 125.20 per share and is trading at a P/E of 47.1 whereas industry P/E stands at 42.6 

What is the NEWS

Avro India Limited has announced a stock split where one equity share with a face value of Rs. 10 will be divided into ten shares with a face value of Rs. 1 each. The company has fixed May 5, 2026 as the record date to determine which shareholders will be eligible for this split. 

This move is generally done to make the stock more affordable by reducing its price per share, which can attract more retail investors and improve trading activity. While the overall value of investment remains the same, the increased number of shares in the market can lead to better liquidity and wider participation, which often supports positive sentiment around the stock.  

About the Company and Financials

Avro India Limited is an Indian manufacturing company engaged in the production of plastic moulded furniture and plastic granules. Incorporated in 1996 and headquartered in Ghaziabad, Uttar Pradesh, the company operates in the consumer durables segment, offering products like chairs, tables, stools, and storage solutions under its own brands. It sells through a mix of offline retail networks and online platforms across India.

The company follows a backward-integrated model where it processes plastic waste into granules and then uses them to manufacture furniture, helping control costs and improve efficiency. Over time, it has built a presence as one of the notable players in India’s plastic furniture market, supported by a wide distribution network and a growing product range.

Year on Year analysis: Revenue from operations has almost remained the same with a slight increase of 23 lakhs from Rs. 24.06 Crores to Rs. 24.29 Crores. Operating profit has decreased from Rs. 1.51 Crores to Rs. 0.66 Crores, down 56 percent and net profit has increased  from Rs. 1.04 Crores to Rs. 1.07 Crores, up 2.88  percent 

Quarter on Quarter analysis: Revenue from operations has increased from Rs. 21 Crores to Rs. 24.29 Crores, up 16 percent. Operating profit has decreased from Rs. 0.99 Crores to Rs. 0.66 Crores, down 33 percent and net profit has decreased   from Rs. 1.22 Crores to Rs. 1.07 Crores, down  12.2 percent 

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