AVT Natural Products Limited (AVTNPL) AI Stock Analysis

AVT Natural Products Limited

(NSE:AVTNPL)

Select Model

Rating:76.1Outperform

Price Target:INR 97.00▲(2.74% Upside)

Action:reiterated

Date:09/23/26

The score is driven primarily by fundamentally sound financials, including steady revenue and profit growth and a strong, conservatively leveraged balance sheet, offset by weaker recent cash flow and margin compression. Technicals add positively, with the stock in a clear uptrend and momentum supportive of the current price level, while valuation appears reasonable but not compellingly cheap or income-focused, keeping the overall rating in the upper mid-range rather than a top-tier level.

Positive Factors

Revenue recoveryThe return to 14.6% revenue growth in FY2026 indicates recovering demand for AVTNPL’s products after the prior-year decline. If sustained, renewed top-line momentum can improve operating leverage, support reinvestment, and strengthen the company’s earnings base over the next several quarters.

Negative Factors

Weak recent cash conversionRecent profits have not translated effectively into cash, with operating cash flow turning negative and free cash flow remaining negative across FY2025 and FY2026. Persistent weak conversion can constrain internally funded growth, increase reliance on financing, and reduce flexibility during demand or cost pressures.

AVT Natural Products Limited (AVTNPL) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 13.42B
Dividend Yield: 0.91%
Average Volume (3M): 53.24K
Price to Earnings (P/E): 16.0
Beta (1Y): 1.15
Revenue Growth: 40.77%
EPS Growth: 54.07%
Country: India
Employees: 315
Sector: General
Sector Strength: 55
Industry: Chemicals - Specialty

AVT Natural Products Limited Business Overview & Revenue Model

Company Description

AVT Natural Products Limited (AVTNPL), operating with its subsidiaries, is an Indian enterprise primarily involved in the production, distribution, and trading of oleoresins and enhanced tea products. Its extensive product range encompasses marigold...

How the Company Makes Money

AVTNPL primarily makes money by manufacturing and selling tea-derived and botanical ingredient products to other businesses. Its core revenue stream is the sale of tea extracts—especially black tea extract—produced from tea and processed into standar...

AVT Natural Products Limited Financial Statement Overview

Summary

Revenue and profits are growing with solid profitability and a conservatively leveraged balance sheet, but margin compression since 2022 and weak recent cash generation with negative free cash flow lower the overall quality of the financial profile.

Income Statement

78Positive

Balance Sheet

82Very Positive

Cash Flow

55Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	8.22B	7.13B	5.56B	5.17B	5.82B	5.54B
Gross Profit	3.68B	2.79B	2.19B	1.29B	1.69B	2.89B
EBITDA	1.20B	1.03B	864.86M	919.08M	1.21B	1.14B
Net Income	837.91M	648.06M	482.27M	532.88M	773.99M	728.50M
Balance Sheet
Total Assets	0	8.45B	7.47B	5.98B	5.24B	4.49B
Cash, Cash Equivalents and Short-Term Investments	1.47B	1.51B	1.73B	1.54B	785.55M	426.35M
Total Debt	0	1.14B	1.13B	425.97M	370.01M	251.93M
Total Liabilities	-5.59B	2.86B	2.41B	1.29B	932.33M	800.16M
Stockholders Equity	5.59B	5.59B	5.06B	4.70B	4.30B	3.69B
Cash Flow
Free Cash Flow	-14.08M	-202.97M	-506.98M	809.46M	430.75M	649.17M
Operating Cash Flow	89.27M	30.69M	-414.48M	985.16M	511.75M	743.62M
Investing Cash Flow	148.83M	10.23M	-95.92M	-730.48M	-368.17M	-289.07M
Financing Cash Flow	-185.90M	-67.81M	591.82M	-201.79M	-85.01M	-449.59M

AVT Natural Products Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price94.41

Price Trends

50DMA90.54Negative

100DMA80.88Positive

200DMA72.72Positive

Market Momentum

MACD-0.12Positive

RSI44.54Neutral

STOCH20.57Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AVTNPL, the sentiment is Negative. The current price of 94.41 is above the 20-day moving average (MA) of 92.20, above the 50-day MA of 90.54, and above the 200-day MA of 72.72, indicating a neutral trend. The MACD of -0.12 indicates Positive momentum. The RSI at 44.54 is Neutral, neither overbought nor oversold. The STOCH value of 20.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:AVTNPL.

AVT Natural Products Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:AVTNPL against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:AVTNPL	76Outperform	INR 13.38B	15.97	―	0.91%	40.77%	54.07%
IN:FINEORG	75Outperform	INR 154.84B	35.84	―	0.22%	7.26%	5.73%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:VIDHIING	55Neutral	INR 15.36B	25.51	―	2.27%	34.77%	25.92%
IN:SHK	51Neutral	INR 17.40B	19.49	―	1.59%	9.68%	-51.94%
IN:OAL	48Neutral	INR 19.29B	360.32	―	0.09%	13.55%	-77.69%
IN:CAMLINFINE	30Underperform	INR 16.15B	323.46	―	―	8.40%	―

* General Sector Average

Performance Comparison

IN:AVTNPL and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:AVTNPL	AVT Natural Products Limited	94.29	22.34	31.05%
IN:CAMLINFINE	Camlin Fine Sciences Limited	88.59	-107.81	-54.89%
IN:FINEORG	Fine Organic Industries Ltd.	5212.05	808.99	18.37%
IN:OAL	Oriental Aromatics Ltd.	587.25	247.55	72.87%
IN:SHK	S H Kelkar and Company Ltd	127.50	-93.88	-42.41%
IN:VIDHIING	Vidhi Specialty Food Ingredients Ltd	305.45	-31.53	-9.36%

AVT Natural Products Limited Corporate Events

AVT Natural Products Shareholders Approve 40th AGM Financials

Aug 19, 2026

AVT Natural Products Limited has reported the voting results of its 40th Annual General Meeting held on August 17, 2026, which was conducted via CDSL’s video conferencing platform with participation from both promoter group and public sharehold...

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: Sep 23, 2026

AVT Natural Products Limited AI Stock Analysis