AMD Industries Limited (AMDIND) AI Stock Analysis

AMD Industries Limited

(NSE:AMDIND)

Select Model

Rating:39Underperform

Price Target:INR 43.00▼(-2.36% Downside)

Action:downgraded

Date:10/24/26

AMD Industries scores low primarily because of deteriorating fundamentals: flat revenue well below its FY2023 peak, collapsed margins, a projected FY2026 net loss with negative EBIT, and negligible returns on a ₹1.5B equity base. Positive operating and free cash flow plus reduced leverage provide some cushion, but cash generation is trending lower and is supported largely by depreciation rather than earnings. Technicals reinforce the caution, with the price below all key moving averages and negative MACD, though oversold RSI and stochastic readings leave room for a short-term bounce. Valuation offers no relief — a P/E of 26 on minimal earnings and no dividend yield. A sustained improvement in margins and revenue would be needed before the outlook improves.

Positive Factors

Long-term Revenue GrowthThe substantial increase in revenue over five years indicates that AMD Industries has expanded its packaging business and customer demand base. Although annual growth has been uneven, the higher revenue scale can support operating leverage and provide a broader platform for future growth.

Negative Factors

Volatile Revenue TrendThe uneven revenue path makes demand and capacity planning less predictable, even though the long-term revenue base is higher. Weak growth after the FY2024 contraction suggests that the company may not consistently capture volume expansion in beverage and food packaging markets.

AMD Industries Limited (AMDIND) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 842.19M
Dividend Yield: ―
Average Volume (3M): 7,721
Price to Earnings (P/E): 25.7
Beta (1Y): 1.41
Revenue Growth: 18.65%
EPS Growth: ―
Country: India
Employees: 261
Sector: General
Sector Strength: 55
Industry: Packaging & Containers

AMD Industries Limited Business Overview & Revenue Model

Company Description

AMD Industries Limited provides packing solutions in India and internationally. The company offers various types of crown caps, including PVC spun, moulded, and dry blend crown caps; double lip liner CSD closures; pet preforms; pet bottles; and jars...

How the Company Makes Money

AMD Industries Limited generates revenue primarily by selling packaging products—most notably PET bottles—to customers (typically beverage, packaged water, and other consumer-goods manufacturers). Its earnings are driven by (a) volume-based sales of...

AMD Industries Limited Financial Statement Overview

Summary

Financials are weak across the board. Revenue has stagnated near ₹2.76B, well below the ₹3.5B FY2023 peak, and profitability has essentially vanished — a net loss in FY2024, a razor-thin ₹10M profit in FY2025 (0.36% margin), and a projected ₹43.4M loss with negative EBIT in FY2026. EBITDA has fallen from ₹481M to ₹147M, and gross margins swing wildly, pointing to poor cost control or input-price exposure. The balance sheet is the steadier element: equity is stable at ~₹1.5B and debt-to-equity improved to 0.53, but return on equity is negligible to negative, showing very poor capital efficiency. Cash flow is the relative bright spot, with operating cash flow of ₹403M and free cash flow of ₹277M in FY2025, though both are projected to fall sharply in FY2026 and are flattered by heavy depreciation rather than genuine earnings.

Income Statement

22Negative

Balance Sheet

42Neutral

Cash Flow

50Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	3.18B	2.82B	2.76B	2.78B	3.50B	2.10B
Gross Profit	667.64M	522.13M	974.25M	278.86M	557.05M	661.76M
EBITDA	259.74M	182.08M	268.51M	222.90M	480.71M	271.57M
Net Income	32.73M	-43.38M	9.99M	-16.74M	192.06M	81.98M
Balance Sheet
Total Assets	0	3.29B	3.22B	3.24B	3.57B	2.96B
Cash, Cash Equivalents and Short-Term Investments	132.03M	132.03M	160.05M	30.49M	71.21M	45.46M
Total Debt	0	783.17M	825.36M	1.04B	1.03B	863.46M
Total Liabilities	-1.53B	1.76B	1.65B	1.68B	1.99B	1.55B
Stockholders Equity	1.53B	1.53B	1.57B	1.56B	1.58B	1.40B
Cash Flow
Free Cash Flow	111.99M	95.78M	276.67M	102.41M	-40.34M	-222.13M
Operating Cash Flow	161.28M	245.89M	402.86M	244.02M	114.92M	-160.42M
Investing Cash Flow	-31.23M	-110.27M	-120.73M	-127.83M	-148.67M	-57.05M
Financing Cash Flow	-40.96M	-85.78M	-312.37M	-156.91M	59.50M	257.76M

AMD Industries Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price44.04

Price Trends

50DMA54.21Negative

100DMA50.69Negative

200DMA47.05Negative

Market Momentum

MACD-2.90Positive

RSI34.58Neutral

STOCH25.24Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AMDIND, the sentiment is Negative. The current price of 44.04 is below the 20-day moving average (MA) of 48.52, below the 50-day MA of 54.21, and below the 200-day MA of 47.05, indicating a bearish trend. The MACD of -2.90 indicates Positive momentum. The RSI at 34.58 is Neutral, neither overbought nor oversold. The STOCH value of 25.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:AMDIND.

AMD Industries Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:AMDIND against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:KANPRPLA	82Outperform	INR 5.90B	10.95	―	0.87%	17.83%	102.49%
IN:RPPL	66Neutral	INR 1.57B	7.74	―	―	5.70%	106.34%
IN:BBTCL	56Neutral	INR 4.44B	7.32	―	0.46%	19.86%	―
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:EMMBI	45Neutral	INR 1.36B	16.18	―	0.44%	10.34%	9.03%
IN:AMDIND	39Underperform	INR 845.64M	25.70	―	―	18.65%	―

* General Sector Average

Performance Comparison

IN:AMDIND and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:AMDIND	AMD Industries Limited	44.00	-11.60	-20.86%
IN:BBTCL	B&B Triplewall Containers Ltd.	216.65	19.11	9.68%
IN:EMMBI	Emmbi Industries Limited	72.75	-36.43	-33.37%
IN:KANPRPLA	Kanpur Plastipack Limited	247.80	41.64	20.20%
IN:RPPL	Rajshree Polypack Ltd.	21.05	1.54	7.89%
IN:TIRUPATI	Shree Tirupati Balajee FIBC Ltd.	287.00	-527.25	-64.75%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 24, 2026

AMD Industries Limited AI Stock Analysis