Avax Apparels and Ornaments Ltd
Incorporated in 2005, Avax Apparels and Ornaments Ltd deals in wearing apparels and silver ornaments.[1]
- Market Cap ₹ 25.7 Cr.
- Current Price ₹ 248
- High / Low ₹ 248 / 93.6
- Stock P/E 13.3
- Book Value ₹ 75.2
- Dividend Yield 0.00 %
- ROCE 43.8 %
- ROE 33.4 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 44.9%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 58.2 to 71.7 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | 0.00 | 0.29 | 14.70 | 22.06 | 34.36 | 39.55 | |
| 0.00 | 0.00 | 0.01 | 0.28 | 13.71 | 19.96 | 31.70 | 36.31 | |
| Operating Profit | 0.00 | 0.00 | -0.01 | 0.01 | 0.99 | 2.10 | 2.66 | 3.24 |
| OPM % | 3.45% | 6.73% | 9.52% | 7.74% | 8.19% | |||
| 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.10 | 0.10 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.07 | 0.16 | 0.20 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.09 | 0.32 | 0.46 |
| Profit before tax | 0.00 | 0.00 | 0.00 | 0.01 | 0.94 | 1.94 | 2.28 | 2.68 |
| Tax % | 0.00% | 26.60% | 28.87% | 28.51% | ||||
| 0.00 | 0.00 | 0.00 | 0.01 | 0.69 | 1.38 | 1.63 | 1.93 | |
| EPS in Rs | 0.00 | 0.00 | 0.00 | 0.92 | 9.02 | 18.03 | 15.69 | 18.57 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 391% |
| TTM: | 56% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 446% |
| TTM: | 18% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 160% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 45% |
| 3 Years: | 45% |
| Last Year: | 33% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 0.77 | 0.77 | 1.04 | 1.04 |
| Reserves | -0.01 | -0.01 | 0.00 | 0.01 | 1.00 | 2.38 | 5.57 | 6.77 |
| 0.00 | 0.00 | 0.00 | 0.30 | 0.00 | 0.72 | 0.66 | 2.34 | |
| 0.02 | 0.01 | 0.00 | 0.26 | 1.69 | 0.97 | 2.02 | 5.56 | |
| Total Liabilities | 0.02 | 0.01 | 0.01 | 0.58 | 3.46 | 4.84 | 9.29 | 15.71 |
| 0.00 | 0.00 | 0.00 | 0.03 | 0.18 | 0.95 | 1.83 | 1.58 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.01 | 0.00 | 0.01 | 0.55 | 3.28 | 3.89 | 7.46 | 14.13 | |
| Total Assets | 0.02 | 0.01 | 0.01 | 0.58 | 3.46 | 4.84 | 9.29 | 15.71 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | -0.14 | -0.36 | 0.10 | -0.57 | ||
| 0.00 | 0.00 | -0.03 | -0.18 | -0.87 | -1.20 | ||
| 0.00 | 0.00 | 0.30 | 0.73 | 0.69 | 1.68 | ||
| Net Cash Flow | 0.00 | 0.00 | 0.13 | 0.20 | -0.08 | -0.09 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 327.24 | 52.39 | 50.63 | 71.70 | |||
| Inventory Days | 0.00 | 17.34 | 8.46 | 4.43 | |||
| Days Payable | 40.56 | 7.33 | 17.01 | ||||
| Cash Conversion Cycle | 327.24 | 29.18 | 51.76 | 59.13 | |||
| Working Capital Days | -314.66 | 28.06 | 31.77 | 48.65 | |||
| ROCE % | 0.00% | 6.06% | 91.87% | 71.28% | 43.81% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 13 Jan
-
Announcement under Regulation 30 (LODR)-Meeting Updates
12 Jan - EGM on Jan 12, 2026: appointed Shruti Shri Agnihotri, approved Deepak Kumar as WTD, increased authorized share capital, amended MOA.
-
Shareholder Meeting / Postal Ballot-Outcome of EGM
12 Jan - Jan 12, 2026 EGM: appointed Shruti Shri Agnihotri independent director; approved Deepak Kumar as whole-time director; increased authorized capital.
-
Statement Of Grievance Redressal Mechanism As Per Regulation 13(3) Of The SEBI (LODR) Regulations, 2015
7 Jan - Statement of grievance redressal under Reg 13(3) for quarter ended Dec 31, 2025; nil complaints.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Jan - Certificate for the quarter ended December 31, 2025
Business Overview:[1]
AAOL operates in the wholesale trading and manufacturing of knitted cloth. The company
specializes in knitted cloth, which are used
for manufacturing of ladies and gents' jackets.
It also operates in the online retail business of Silver Ornaments