1:10 Stock Split: Stock in Focus After Board Approves Share Split

Synopsis: Avro India Limited approved a 1:10 stock split, reducing the face value from ₹10 to ₹1, aiming to improve liquidity, with the record date to be announced after shareholder approval.

This Micro-cap Consumer Durables Stock, engaged in manufacturing and selling plastic molded furniture, including chairs, tables, and household products across domestic and international markets, is in focus after the company board approved a share split of 1:10.

With a market capitalization of Rs. 154.61 crores, the share of Avro India Limited has reached an intraday high of Rs. 121 per equity share, rising nearly 0.83 percent from its previous day’s close price of Rs. 120. Since then, the stock has retreated and is currently trading at Rs. 116.15 per equity share. 

What is the News?

Avro India Limited has announced that its Board of Directors approved a 1:5 stock split during a meeting held on March 25, 2026. This decision is intended to make shares more affordable and encourage greater participation in the market. 

The board has decided to issue a stock split at a ratio of 1:10, meaning that each equity share with a face value of Rs. 10 will be divided into 10 equity shares with a face value of Re. 1 each, subject to shareholder approval.

For example, if a shareholder owns 1,000 shares valued at Rs. 10 each in Dhariwalcorp Limited, after the 1:10 stock split, their total holding will increase to 10,000 shares with a face value of Re. 1 each. The value of the holding will remain unchanged. The record date for determining eligible shareholders will be announced later, after receiving the necessary shareholder approvals for the proposed stock split.

Products and Services

Avro India manufactures a wide range of household and commercial plastic furniture, including chairs, tables, stools, and storage solutions. Its products are made from virgin-grade polymers using injection molding technology. The company serves retailers, distributors, and institutional buyers across India, emphasizing value-for-money and long product life.

Company Overview

Avro India Limited was founded in 2002 and is headquartered in Ghaziabad, Uttar Pradesh, India. It is an Indian company that manufactures molded plastic furniture and related products. Known for its affordable and durable designs, it caters to both domestic and institutional markets and is recognized as one of the leading organized players in India’s plastic furniture industry.

Recent Quarter Results

Coming into financial highlights, Avro India Limited’s revenue has increased from Rs. 20.90 crore in Q2 FY26 to Rs. 24.91 crore in Q3 FY26, which has grown by 19.19 percent. The net profit has also grown by 12.40 percent from Rs. 1.21 crore in Q2 FY26 to Rs. 1.36 crore in Q3 FY26.

In terms of return ratios, the company’s ROA stands at 2.91 percent. Avro India Limited has an earnings per share (EPS) of Rs. 2.72, and its debt-to-equity ratio is 0.27x.

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