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London Stock Exchange · Industrials

Invest in Avation stock from India

Indian and foreign residents can buy Avation (AVAP) shares directly through Paasa.

By Paasa · Updated

Avation at a glance

Price
£1.42+£0.02 (1.43%)
Market cap
£84.92M
Day range
£1.39 – £1.44
P/E
14.94
Dividend yield
0.53%
Volume
352.99K
1 month
+2.90%
6 months
+13.15%
YTD
+3.65%
1 year
-13.68%
5 years
+30.28%

Live chart and statistics

Avation statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue$110.4M$112.5M$89.5M$92.7M$109.8M
Gross profit$72.4M$112.5M−$3.8M−$14.3M$3.1M
Operating income$55.7M$46.4M$83.2M$71.5M$90.2M
Net income$8.4M−$7.7M$19.7M$12.2M$17.1M
Earnings per share$0.13−$0.11$0.28$0.19$0.25
EBITDA$92.4M$98.9M$29.7M$20.5M$40.8M
Total assets$1.0B$1.1B$1.1B$1.2B$1.2B
Total debt$579.1M$652.3M$675.5M$756.0M$828.1M
Cash and short-term investments$111.0M$58.3M$34.3M$37.3M$122.9M
Shareholders' equity$264.6M$243.8M$256.4M$243.9M$227.1M
Operating cash flow$31.8M$91.5M$81.6M$48.4M$54.5M
Free cash flow−$8.5M$67.8M$81.6M$48.4M$54.5M
Capital expenditure−$40.3M−$23.7M−$5.0K−$6.0K−$17.0K

Fiscal years as reported, the latest ending 30 Jun 2026. Figures in USD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
DialightDIA.L£5.92£236.66M
AFC EnergyAFC.L£0.15£167.29M
Doric Nimrod Air ThreeDNA3.L£0.64£140.80M
SeverfieldSFR.L£0.39£114.57M
SIGSHI.L£0.09£109.36M
JourneoJNEO.L£5.41£95.62M
Robert WaltersRWA.L£1.39£91.43M
AlumascALU.L£2.45£88.10M

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Avation from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to GBP when you buy.

  3. Step 3

    Search AVAP and buy

    Find Avation by name or by its ticker, AVAP, and place your order.

Why invest in Avation from India

What Avation does

Avation Plc operates as an aircraft leasing company. It owns and manages a fleet of commercial passenger aircraft which it leases to international airlines including airBaltic, EVA Air, easyJet, Philippine Airlines, Air France, Air India, Flybe, Fiji Airways, Thomas Cook, Virgin Australia, Mandarin Airlines, and Vietjet Air. Avation operates in the Rental & Leasing Services industry within the Industrials sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy Avation stock from India?

Yes. Indian residents and NRIs can buy Avation (AVAP) shares directly through Paasa. Avation is listed on the London Stock Exchange, in the Rental & Leasing Services industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

How are Avation dividends taxed for Indian investors?

Avation trades on the London Stock Exchange but is domiciled in Singapore, so any withholding on its dividends follows that country's rules rather than those of the UK. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.

What tax do I pay in India when I sell Avation shares?

Non-residents are exempt from UK capital gains tax on the disposal of listed shares. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the GBP/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

Is there stamp duty when I buy Avation shares?

The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.

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