What we do Avro India Ltd manufactures plastic molded furniture under the AVON brand, offering chairs, tables, stools, almirahs, and baby furniture using advanced imported machines. |
Founded in 1,996 |
Market share One of the largest product ranges in plastic molded furniture with three-year guarantees on select products, steadily increasing turnover. |
Problem solved Provides durable, affordable plastic furniture with eco-friendly use of regenerated polymers and in-house polymer manufacturing from recycled plastic waste. |
Top clients or who we serve B2C customers across India seeking quality plastic furniture and storage solutions; expanding product innovation for retail markets. |
Key management - |
Our journey and innovations Started in 1996 under different names, launched brand AVON in 2002, went public in 2018, pioneered regenerated polymer use, launched recycling plant in 2022, new product lines in 2023-25. |
Where we operate Manufacturing and sales primarily in India with products distributed nationwide. |
Top products or what we offer Plastic molded chairs, stools, tables, baby chairs and desks, cabinets, shoe racks, café stools, and almirahs. |
Top brands AVON Plastic Furniture - well-known in India for quality molded furniture with 3-year guarantees on select items. |
Raw materials needed Primary raw materials include regenerated and virgin polymers for plastic molding. |
Raw materials supplier Not specified; focus on in-house polymer manufacturing using recycled plastic waste. |
Recurring vs cyclical contribution Revenue is primarily recurring through continuous product sales in retail furniture segment. |
Our industry position Strong player in Indian plastic molded furniture with growing market presence and product innovation. |
Financial highlights Revenue Rs. 93.37 crore and net profit Rs. 4.04 crore for FY 2023-24; consistent growth in turnover year-over-year. |
Geographical revenue split Revenue concentrated within domestic Indian market; no export details provided. |
Order book - |
Whats driving growth Product range expansion, increased production capacity, use of recycled polymers, and new product launches. |
Our future plans Expanding recycling capacity and launching innovative plastic furniture products to capture larger retail market. |
Our green promise First to use regenerated polymers and operate in-house recycling to support sustainability in plastic manufacturing. |
Our people and values Committed workforce with emphasis on ethical governance, gender diversity on board, and employee training in technology. |
Key challenges ahead Managing raw material costs, scaling recycling operations, and sustaining innovation amidst competitive plastic furniture market. |
Interesting facts Pioneered use of regenerated polymers and initiated a 300 metric ton/month recycling plant in 2022. |
Risks and strategy Focus on mitigating financial and operational risks through strong governance, cost control, and market diversification. |
