AITMC Ventures Pvt. Ltd. (AVPL), founded in 2016 by Deep Sisai, has revolutionized traditional farming practices in India through the innovative use of drone technology. As a leader in agritech innovations, AVPL is committed to empowering farmers with advanced tools and training, thereby promoting sustainable agricultural practices and enhancing farm productivity.
AVPL stands as a prominent stakeholder in the agricultural sector, recognized for its significant contributions to modernizing Indian agriculture. It operates under the ethos of leveraging technology to improve the efficiency and outcomes of agricultural activities, specifically through drone technology.
Core Operations
1. Training and Development
2. Drone Technology Integration
3. Dronepreneurs Program
4. Farmers' City Mart Initiative
Market Impact and Growth
Strategic Partnerships
1. Collaboration with Punjab Kings
The partnership with Punjab Kings, one of IPL's cricket teams, serves as a strategic move to broaden the company's reach and influence across a wider audience.
2. United Phosphorus Ltd. Partnership
The collaboration with UPL in March 2023 aims to boost AVPL’s stakeholder engagement by setting up 50 facilities dedicated to training 50,000 agripreneurs, thereby significantly impacting the agricultural input supply chain.
3. Bharat Scouts and Guides Association
Partnering with Bharat Scouts and Guides illustrates AVPL's commitment to engaging youth in agricultural innovation through comprehensive skill development programs.
While AVPL faces challenges typical of the agritech sector, including the high initial cost of technology adoption and the need for continuous innovation, its future outlook remains robust.
Price Per Equity Share | ₹ 60 |
Lot Size | 1000 Shares |
52 Week High | ₹ 78 |
52 Week Low | ₹ 52 |
Depository | NSDL & CDSL |
PAN Number | AAPCA0994F |
ISIN Number | INE0QWL01025 |
CIN | U01611HR2016PLC066758 |
RTA | Bigshare Services |
Market Cap (in cr.) | ₹ 413 |
P/E Ratio | 46.51 |
P/B Ratio | 13.48 |
Debt to Equity | 0.08 |
ROE (%) | 28.93 |
Book Value | 4.45 |
Face Value | 2 |
Total Shares | 68755000 |
P&L Statement | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|
Revenue | 1168 | 1129 | 2145 | 4187 |
Cost of Material Consumed | 0 | 0 | 828 | 1857 |
Gross Margins | 100 | 100 | 61.4 | 55.65 |
Change in Inventory | 0 | 0 | 0 | 0 |
Employee Benefit Expenses | 109 | 193 | 316 | 439 |
Other Expenses | 914 | 726 | 224 | 646 |
EBITDA | 145 | 210 | 777 | 1245 |
OPM | 12.41 | 18.6 | 36.22 | 29.73 |
Other Income | 0.2 | 5 | 57 | 487 |
Finance Cost | 64 | 50 | 55 | 114 |
D&A | 60 | 90 | 114 | 326 |
EBIT | 85 | 120 | 663 | 919 |
EBIT Margins | 7.28 | 10.63 | 30.91 | 21.95 |
PBT | 21 | 74 | 668 | 1293 |
PBT Margins | 1.8 | 6.55 | 31.14 | 30.88 |
Tax | -8 | 24 | 225 | 409 |
PAT | 29 | 50 | 443 | 884 |
NPM | 2.48 | 4.43 | 20.65 | 21.11 |
EPS | 0.77 | 1.33 | 0.64 | 1.29 |
Financial Ratios | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|
Operating Profit Margin | 12.41 | 18.6 | 36.22 | 29.73 |
Net Profit Margin | 2.48 | 4.43 | 20.65 | 21.11 |
Earnings Per Share (Diluted) | 0.77 | 1.33 | 0.64 | 1.29 |