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Company Information |
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Full name Avon Cycles Ltd Legal Address G T Road, Dhandari Kalan, ; Ludhiana; Punjab; 141003 |
Status: Non-Listed Legal Form: Limited Liability Company Operational Status: Operational Financial Auditors: HK Chitkara & Co (2011) Tel: 0161-2511494-8 |
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Company Description |
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The company was incorporated in 1951 and manufactures bicycles, rims and steel tubes. The plant is located at Ludhiana in Punjab. Hansa Raj Pahwa is the Managing director of the company. The Exporter of bicycles & Bicycle Parts from the country offering a comprehensive range of over 40 models in some 85 countries around the world. This bicycle manufacturing company was awarded the 'Golden Trading House, status by the Govt, of India.. The company was incorporated in 1951 and manufactures |
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Company Analysis |
| According to the Individual - Audited financial statement for the Year of 2011, total net operating revenues increased with 6.32%, from INR 406.13 tens of millions to INR 431.79 tens of millions. Operating result decreased from INR 59.41 tens of millions to INR 49.28 tens of millions which means -17.05% change. The results of the period increased 10.38% reaching INR 33.83 tens of millions at the end of the period against INR 30.65 tens of millions last year. Return on equity (Net income/Total equity) went from 19.60% to 18.13%, the Return On Asset (Net income / Total Asset) went from 16.08% to 13.97% and the Net Profit Margin (Net Income/Net Sales) went from 7.55% to 7.83% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 29.73% compared to 21.89% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 1.92 to 1.87 when compared to the previous year. |
Key Executives |
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Companies with Similar Main Activities |

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2011 Y (non-cons) |
2010 Y (non-cons) |
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| Audited | Audited | |
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| EMIS | EMIS | |
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| Unit | Tens of Millions) | Tens of Millions |
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Total Assets |
242 |
206 |
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Current Assets |
XXX |
XXX |
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Total Liabilities |
XX |
XX |
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Shareholders Equity |
XXX |
XXX |
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Current Liabilities |
XXX |
XX |
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| * All the accounts are in INR. | ||
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Total Operating Revenue |
XXX |
XXX |
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Operational Profit (Loss) |
XX |
XX |
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Net Profit (Loss) |
XX |
XX |
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| * All the accounts are in INR. | ||
| Profitability Ratios | ||
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Return on Assets (ROA) |
XX.XX% |
XX.XX% |
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Annualised Return on Assets (ROA) |
XX.XX% |
XX.XX% |
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Return on Equity (ROE) |
XX.XX% |
XX.X% |
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Annualised Return on Equity (ROE) |
XX.XX% |
XX.X% |
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Return on Sales (ROS) |
X.XX% |
X.XX% |
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Return on Capital |
XX.XX% |
XX.XX% |
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Gross Profit Margin |
XX.XX% |
XX.XX% |
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Operating Profit Margin |
XX.XX% |
XX.XX% |
| Efficiency Ratios | ||
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Accounts Receivable Turnover |
X.XXx |
X.XXx |
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Inventory Turnover |
X.XXx |
X.XXx |
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Current asset turnover |
X.XXx |
X.XXx |
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Fixed-asset turnover |
X.XXx |
X.XXx |
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Asset Turnover |
X.XXx |
X.XXx |
| Valuation figures and ratios | ||
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Earning Before Interests and Taxes (EBIT) |
XXX |
XXX |
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EBITDA |
XXX |
XXX |
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Net Cash |
-XX |
-XX |
| Liquidity Ratios | ||
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Current Ratio |
XXX.XX% |
XXX.XX% |
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Quick ratio |
XXX.XX% |
XXX.XX% |
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Doom's day ratio |
XX.XX% |
X.X% |
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Cash Flow to Debt |
X.XX% |
X.X% |
| Leverage Ratios | ||
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Leverage ratio |
XXX.XX% |
XXX.XX% |
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Interest Coverage Ratio |
XX,XXX.X% |
XX,XXX.XX% |
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Debt to equity |
XXX.XX% |
XXX.XX% |
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Debt to total assets |
XXX% |
XXX% |
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Long Term Debt to Capital |
XX.XX% |
XX.XX% |
| Trend Ratios | ||
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Revenue Trend |
XXX.XX% |
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Net Income Trend |
XXX.XX% |
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Operating Income Trend |
XXX.X% |
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