Aveer Foods
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Aveer Foods scheduled its seventh annual general meeting for 29 September 2026 and submitted its annual report for the year ended 31 March 2026. The notice sought shareholder approval for up to ₹95 crore of sales, purchases, services and trademark-related transactions with Pravin Masalewale until the next annual meeting. It also proposed a ₹0.25 per share final dividend, the one-year reappointment of Bapu Gavhane as whole-time director and the appointment of Satish & Satish as secretarial auditor for five years. Revenue from operations was ₹143.25 crore and total comprehensive income was ₹3.66 crore in FY26, while cash and cash equivalents were ₹26.87 lakh at year-end.
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Aveer Foods scheduled its seventh annual general meeting for 29 September 2026 and submitted its annual report for the year ended 31 March 2026. The notice sought shareholder approval for up to ₹95 crore of sales, purchases, services and trademark-related transactions with Pravin Masalewale until the next annual meeting. It also proposed a ₹0.25 per share final dividend, the one-year reappointment of Bapu Gavhane as whole-time director and the appointment of Satish & Satish as secretarial auditor for five years. Revenue from operations was ₹143.25 crore and total comprehensive income was ₹3.66 crore in FY26, while cash and cash equivalents were ₹26.87 lakh at year-end.
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What does Aveer Foods do?
Smartlink Holdings Limited focuses on manufacturing food products like Pickles, Ketchups, Sauces, and Chutneys. Its growth depends on the availability of agricultural raw materials despite challenges in procurement due to environmental factors.
Who are the competitors of Aveer Foods?
Aveer Foods major competitors are NHC Foods, Ovobel Foods, Srivari Spices Foods, Chatha Foods, Shivashrit Foods, Coastal Corporation, Sayaji Industries. Market Cap of Aveer Foods is ₹248 Crs. While the median market cap of its peers are ₹262 Crs.
Is Aveer Foods financially stable compared to its competitors?
Aveer Foods seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Aveer Foods pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Aveer Foods latest dividend payout ratio is 2.56% and 3yr average dividend payout ratio is 2.56%
How has Aveer Foods allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Inventory
How strong is Aveer Foods balance sheet?
Balance sheet of Aveer Foods is strong. But short term working capital might become an issue for this company.
Is the profitablity of Aveer Foods improving?
The profit is oscillating. The profit of Aveer Foods is ₹3.62 Crs for TTM, ₹3.94 Crs for Mar 2025 and ₹1.25 Crs for Mar 2024.
Is the debt of Aveer Foods increasing or decreasing?
Yes, The net debt of Aveer Foods is increasing. Latest net debt of Aveer Foods is ₹0.38 Crs as of Mar-26. This is greater than Mar-25 when it was -₹13.61 Crs.
Is Aveer Foods stock expensive?
Aveer Foods is not expensive. Latest PE of Aveer Foods is 68.47, while 3 year average PE is 98.52. Also latest EV/EBITDA of Aveer Foods is 27.07 while 3yr average is 37.65.
Has the share price of Aveer Foods grown faster than its competition?
Aveer Foods has given better returns compared to its competitors. Aveer Foods has grown at ~5.38% over the last 2yrs while peers have grown at a median rate of 0.0%
Is the promoter bullish about Aveer Foods?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Aveer Foods is 74.88% and last quarter promoter holding is 74.88%.
Are mutual funds buying/selling Aveer Foods?
There is Insufficient data to gauge this.