AVLNSEAditya Vision LimitedMediumNeutral
Announced Fri, 8 May · 15:37 IST

Aditya Vision Limited has informed the Exchange about Investor Presentation

Mgmt Guided Margin PressureInvestor Communications View source PDF

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AI summary

Aditya Vision Limited, a consumer electronics retailer operating in the Hindi heartland (Bihar, Jharkhand, Uttar Pradesh, Chhattisgarh), reported FY26 revenue of Rs. 2,672 Cr, up 18% YoY, with PAT of Rs. 117 Cr (up 11% YoY). The company added 32 new stores in FY26, taking total count to 207 stores, having doubled its store count in just 3 years. Q4FY26 revenue was Rs. 625 Cr (up 28% YoY). However, both EBITDA margin (8.5% vs 9.0% in FY25) and PAT margin (4.4% vs 4.7% in FY25) declined, indicating margin pressure despite strong top-line growth. The company turned cash flow positive at Rs. 75 Cr in FY26. Management cited unseasonal rainfall and new BEE norms as headwinds but maintained confidence in its expansion strategy, planning entry into Madhya Pradesh in FY27.

Likely market impact

Strong revenue growth and store expansion are positives, but declining margins and the short-term drag from new store ramp-ups (taking ~3 years to mature) suggest profitability may remain under pressure in the near term. Cash generation has improved, providing balance sheet strength.