Bartronics to Rename as Avio Smart Market Stack Ltd (ASMS); Plans Brand Ambassador and Smart Agri Store Expansion Nationwide

Bartronics India Limited today announced a comprehensive strategic transformation aimed at accelerating its growth across rural commerce, agritech and digital platform businesses. The Board of Directors has approved a proposal to rename the Company as Avio Smart Market Stack Limited (ASMS), subject to statutory and regulatory approvals, marking a renewed vision to build a national, omni-format digital and physical ecosystem for India’s rural economy. As part of this transition, the Board has also approved the engagement of a national brand ambassador who will spearhead farmer-focused outreach and drive adoption of the Avio platform across key agricultural regions.

In a major expansion push, the Company plans to roll out its Smart Agri Store franchise model, which will serve as an on-ground extension of its digital marketplace. These stores will integrate agri-inputs, advisory services, digital onboarding and procurement linkages, creating a unified rural commerce experience under a single operating framework. The Company plans to initiate the Expression of Interest (EoI) process for franchise partners. To support these initiatives at scale, the Company plans to recruit senior professionals across agritech operations, marketplace development, rural commerce, technology, finance and supply chain, enabling a leadership framework equipped for national expansion.

Additionally, the Company plans to strengthen governance through the induction of directors with deep sectoral expertise, aligning its leadership capabilities with the Company’s expanded strategic scope and long-term ambitions. The Company confirmed that its new corporate website will go live in the next 2–3 days and reviewed progress under Project Avio, including development of the multilingual Avio Agritech mobile application and the unified digital marketplace infrastructure.

With these initiatives, Bartronics, soon to be Avio Smart Market Stack Limited (ASMS), is laying the groundwork to build one of India’s most comprehensive rural commerce ecosystems. By combining digital innovation, physical infrastructure, strategic partnerships and strengthened governance, the Company is positioning itself to unlock value for farmers, rural entrepreneurs, agri-input providers and market participants at a national scale. This transformation reflects a long-term commitment to empowering India’s rural economy through technology-led, inclusive and scalable market solutions.

Commenting on the decisions, Mr N. Vidhya Sagar Reddy, Managing Director, Bartronics India Limited, said, “The decisions taken today clearly define our commitment and proactive approach towards building a platform that operates seamlessly across digital and physical formats, with the ambition to scale nationally and become one of India’s largest market-enablement ecosystems for rural commerce and agriculture.”

About the Company

Bartronics is a leading brand specialised in digital Banking, financial inclusion and identity management technologies. With its focus on agritech, automation and intelligent systems, the company is expanding its global footprint while delivering sustainable impact through technology. The brand caters to 1 million+ customers.

Bartronics India reported a strong operational turnaround in Q2 FY26. Revenue from operations saw a sharp 40 per cent growth both year-on-year (YoY) and sequentially, rising to Rs 1,239.67 lakh, driven by improved field execution and productivity across financial inclusion schemes. The company achieved a net profit of Rs 100.43 lakh in Q2, significantly up from Rs 44.71 lakh in Q1, reflecting enhanced operating leverage and disciplined cost management. For the half-year, profit after Tax increased 27 per cent YoY to Rs 145.14 lakh, demonstrating a more resilient profitability profile.

In September 2025 Quarter (Q2FY26), FIIs bought 9,74,924 shares of the company and increased their stake to 1.68 per cent compared to the June 2025 Quarter (Q1FY26). The stock’s 52-week high is Rs 24.62 per share while its 52-week low is Rs 11 per share. The company has a market cap of over Rs 370 crore. From Rs 2.93 to Rs 13.61 per share, the stock gave multibagger returns of 365 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.