Whalesbook
Dekho, AVI Polymers ka promoter group ab company ke 5% tak shares open market se buyback karne ka soch raha hai. Management keh raha hai ki ye company ke long-term strategy aur value par unka confidence dikhata hai. Ye khabar FY26 mein company ke zabardast financial comeback ke baad aayi hai. Pichhle saal sirf ₹0.06 crore ka revenue tha, jo badh kar iss baar ₹312.11 crore ho gaya hai! Profit bhi ₹20.33 crore raha, matlab company ne apne revenues mein 25 guna expansion dikhaya hai. Iska credit company ki AI subsidiaries KrishiBuddy aur AVI Health AI ko jaa raha hai, jo company ka focus tech ki taraf shift kar rahe hain.
Valuation ki baat karein toh, AVI Polymers abhi kaafi attractive lag raha hai. Iska P/E ratio 8.39 se 17.0x ke beech hai, jo Nifty Smallcap 250 index ke 29.8 ke P/E se kaafi kam hai. Company debt-free hai aur ROE 15.59% aur ROCE 19.97% hai. Lekin, ek bada risk ye hai ki koi bhi independent analyst is company ko cover nahi karta. Matlab, bahari analysis na hone se future prospects ko samajhna investors ke liye mushkil ho sakta hai.
Sabse interesting baat ye hai ki promoter ab buyback karne ki baat kar rahe hain, jabki pichhle ek saal mein unhone apna stake kaafi kam kar diya hai. March 2026 tak, promoter holdings 25.19% se gir kar sirf 1.10% reh gayi thi. Matlab, jitna bada stake unhone becha hai, uske comparison mein ye buyback plan kaafi chhota hai. Isse yeh sawal uthta hai ki promoter ka commitment kitna hai aur kya ye sirf opportunistic buying hai.
Company ne KrishiBuddy (agritech) aur AVI Health AI (healthcare) naam ki AI subsidiaries shuru ki hain. Ye AI ka use karke kheti mein precision aur health diagnostics mein help karne ka aim rakhti hain, jisse AVI Polymers ek multi-sector growth company ban sake. Par risk ye hai ki in new digital businesses se abhi koi khaas income nahi aa rahi hai, matlab ye paise kaise kamayengi ye abhi prove nahi hua hai. FY26 reports mein bhi inka clear revenue data nahi hai, jo execution aur profit risk badhata hai.
Overall, AVI Polymers mein investors ko kuch bade risks par dhyan dena chahiye. FY26 ke results acche hain, par pichhle numbers bahot kam the, toh inki sustainability par sawaal hai. AI mein paisa lagana futuristic hai, par execution risk hai aur income abhi sabit nahi hui hai. Analyst coverage nahi hona bhi ek badi pareshani hai. Pichhle teen saal revenue growth bhi kam rahi hai aur ₹2 crore ki potential liabilities bhi hain. Promoter ka stake kam karna toh ek clear warning sign tha. Management keh raha hai ki AI businesses jab cash generate karne lagenge toh dividends par bhi विचार kiya ja sakta hai, par jab tak clear revenue figures aur analyst projections nahi aate, outlook kaafi uncertain hai.