Expansion Commercial Services & Supplies NSE: ASMS ·

Avio Smart Market Stack Signs MoU with Tripura for Freeze-Drying Facility to Create 1300 Jobs

NSE Filing 4 min read 11 views
Avio Smart Market Stack Signs MoU with Tripura for Freeze-Drying Facility to Create 1300 Jobs

Avio Smart Market Stack Ltd (532694) — Expansion · ASMS

Market Cap

₹214.73 Cr

Small Cap

Revenue TTM

₹103.96 Cr

Operating

Annual Profit Growth

240.37%

YoY Change

RSI

38.39

Neutral Zone

! Key Highlights

  • New freeze-drying facility for fruits and vegetables to be established in Tripura
  • Projected to create 1,300 total jobs, including 500 direct and 800 indirect roles
  • MoU signed during the Destination Tripura Business Conclave 2026
  • Aims to reduce post-harvest losses and improve market access for regional farmers
  • Leverages advanced technology to enhance shelf life and quality of local produce

Avio Smart Market Stack Limited has signed a Memorandum of Understanding with the Government of Tripura to establish a state-of-the-art freeze-drying facility. The project is designed to strengthen the regional horticulture value chain and generate significant employment in the Northeast.

What Is the Expansion?

Avio Smart Market Stack is establishing a state-of-the-art freeze-drying facility in Tripura specifically for processing fresh fruits and vegetables. Titled A Freeze-Drying Initiative on Fruits and Vegetables for Tripura, the project focuses on deploying advanced preservation technology to minimize post-harvest losses. The facility is expected to generate direct employment for approximately 500 people and indirect employment for another 800.

This initiative represents a strategic entry into the Northeast agri-processing sector, providing a platform for local farmers to access premium domestic and international markets through enhanced product quality and shelf life.

Strategic Rationale

  • Utilization of Tripura's rich agricultural base and proactive government support for infrastructure
  • Addressing significant regional post-harvest losses through high-end preservation technology
  • Strengthening the horticulture value chain to improve farmer incomes across the Northeast
  • Alignment with corporate goals to drive innovation in sustainable agriculture and climate technologies

Business Overview

Formerly known as Bartronics India Limited, Avio Smart Market Stack Limited has transformed into a leading IT services and digital solutions provider. The company now operates across six countries with a significant footprint in rural India, focusing on digital transformation and resilient ecosystems. Its shift toward agri-tech solutions like freeze-drying demonstrates a commitment to leveraging technology-driven agricultural solutions that improve grassroots infrastructure.

The company integrates its digital expertise with physical processing facilities to create end-to-end value chains in the food processing and horticulture sectors.

Financial Context

  • Annual operating revenue grew by 157.4% YoY to reach ₹103.96 Crores
  • Net profit for the fiscal year surged by 240.37% to ₹5.94 Crores
  • Maintains a high Trendlyne Durability Score of 70, indicating strong financial health
  • Promoter holding remains significant at 67.5% as of the latest reporting period

Avio Smart Market Stack Ltd (532694) — Financial Snapshot

BSE: 532694 · NSE: ASMS · Commercial Services & Supplies

Current Market Price ₹7.05 per share
Market Capitalisation ₹214.73 BSE Listed
Revenue (Annual) ₹103.96 Operating
Net Profit (Annual) ₹5.94 Consolidated
P/E Ratio (TTM) 35.85× Sector: 39.53×
Promoter Holding 67.5% -1.87% QoQ
FII Holding 1.67% Current Qtr

"This project reflects our commitment to strengthening India's agri-tech infrastructure at the grassroots level. Tripura's rich agricultural base, combined with the state government's proactive support, makes it an ideal location for our freeze-drying facility."

— Dr. Raja Krishna Murthy Morla, Head – Agri Tech Business, ASMS

Source Verified

Exchange filing by Avio Smart Market Stack Limited announcing a Memorandum of Understanding with the Government of Tripura for a new agri-processing facility. Financial metrics from Trendlyne.

View Filing