Avery India Ltd

Provides industrial weighing systems and solutions for various industries.

1947 | Faridabad, Haryana (India) | Active
Last Updated:

Avery India Profile

Key Indicators

  • Authorised Capital ₹ 12.50 Cr
  • Paid Up Capital ₹ 8.97 Cr
  • Company Age 78 Year, 7 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.50 M
  • Satisfied Charges ₹ 7.00 Cr
  • Revenue Growth 13.35%
  • Profit Growth 3.98%
  • Ebitda 10.65%
  • Net Worth -11.64%
  • Total Assets -9.59%

About Avery India

Avery India Ltd (AIL) was founded in India on 26 February 1947 and has a glorious history of 78 years . Its registered office is in Faridabad, Haryana, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 12.50 Cr and a paid-up capital of Rs 8.97 Cr.

The company currently has active open charges totaling ₹1.50 M. The company has closed loans amounting to ₹7.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Avery India Ltd India is Pawan Arora as CFO. Lance Read, Basant Sandooja, and Rohit Gupta serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29196HR1947PLC043478

  • Company No.

    043478

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Feb 1947

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

What products or services does Avery India Ltd offer?

Avery India Ltd offers a wide range of products and services, including Weighbridges, Electronic Weighbridge, Weighing Scales & Measuring Tapes, VFD, PLC, HMI & Control Equipments, Industrial Automation Systems, Weighing Scale, Sensors & Transducers, Load Cell, Industrial Scale, Weighing Machines.

Who are the key members and board of directors at Avery India?

Executive Team (2)

NameDesignationAppointment DateStatus
Pawan Arora CFO22-Mar-2023Current
Basant Sandooja Country flag representing In Managing Director19-Aug-2010Current

Board Members (2)

NameDesignationAppointment DateStatus
Lance Read Country flag representing Gb Director 30-Sep-2014Current
Rohit Gupta Country flag representing In Director 30-Nov-2011Current

Financial Performance of Avery India.

Avery India Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 13.35% increase. The company also saw a slight improvement in profitability, with a 3.98% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.64%.

Avery India revenue growth over time
Avery India profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
13.35%
Revenue from Operations
15.57%
Total Assets
-9.59%
Profit or Loss
3.98%
Net Worth
-11.64%
EBITDA
10.65%

What is the Ownership and Shareholding Structure of Avery India?

In 2023, Avery India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.15 Cr

Satisfied Charges

₹7.00 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
21 Aug 2002Bank Of India₹1.50 MOpen
30 Sep 2002Bank Of India₹2.00 CrSatisfied
18 Jan 2002Bank Of India₹5.00 CrSatisfied

How Many Employees Work at Avery India?

Avery India has a workforce of 233 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Avery India Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avery India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Avery India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Avery India

Recent activity within the organization

  • Annual General Meeting

    Avery India Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Avery India Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Director Appointment

    Pawan Kumar Arora was appointed as a Cfo was appointed as a Cfo on 22 Mar 2023 & has been associated with this company since 1 year 11 months .

  • Director Appointment

    Lance Elliot Read was appointed as a Director was appointed as a Director on 30 Sep 2014 & has been associated with this company since 10 years 5 months .

  • Charges

    A charge registered on 30 Sep 2002 via Charge ID 90250547 with Bank Of India was fully satisfied on 13 Apr 2012.

  • Charges

    A charge registered on 18 Jan 2002 via Charge ID 90249244 with Bank Of India was fully satisfied on 13 Apr 2012.

Frequently asked questions

  • What is the Incorporation or founding date of Avery India Ltd?

    Avery India Ltd was incorporated on 26 Feb 1947.

  • What is authorized share capital and paid-up capital of Avery India Ltd?

    The authorized share capital of Avery India Ltd is ₹ 12.50 Cr and paid-up capital is ₹ 8.97 Cr.

  • Who are the current board members & directors of Avery India Ltd?

    Currently 4 directors are associated with Avery India Ltd.

    • Pawan Kumar Arora
    • Lance Elliot Read
    • Basant Kumar Sandooja
    • Rohit Gupta

  • What is the registered address of Avery India Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Avery India Ltd is Plot Nos 50-59 Sector-25 India, Ballabgarh, Haryana, 121004.

  • What is the corporate identification number (CIN) and company number of Avery India Ltd?

    The corporate identification number (CIN) of Avery India Ltd is U29196HR1947PLC043478 and the company number is 043478 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Avery India Ltd?

    The Official website of Avery India Ltd is https://www.averyweigh-tronix.com

  • What has been the recent revenue trend for Avery India Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Avery India Ltd has risen by 13.35%.

  • How many employees does Avery India Ltd currently have?

    As Per 2023 financial reports, 233 employees are currently employed by Avery India Ltd.

  • What change has been observed in the net worth of Avery India Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Avery India Ltd has experienced an downturn of -11.64%.

  • What are the total open charges for Avery India Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Avery India Ltd amount to ₹ 1.50 M.

  • When was the last Balance Sheet of Avery India Ltd filed with the ROC?

    The most recent Balance Sheet for Avery India Ltd was filed with the ROC on 31 Mar 2024.

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