Avax Apparels and Ornaments Ltd
Incorporated in 2005, Avax Apparels and Ornaments Ltd deals in wearing apparels and silver ornaments.[1]
- Market Cap ₹ 31.2 Cr.
- Current Price ₹ 301
- High / Low ₹ 311 / 100
- Stock P/E 16.2
- 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| 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: | 159% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 45% |
| 3 Years: | 45% |
| Last Year: | 33% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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
Standalone Figures in Rs. Crores / View Consolidated
| 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
Standalone Figures in Rs. Crores / View Consolidated
| 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% |
Insights
In beta| Mar 2024 | Mar 2025 | |
|---|---|---|
| Number of Permanent Employees Number |
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| Revenue from Manufacturing ₹ in Lakhs |
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| Revenue from Silver Ornaments (Online Retail) ₹ in Lakhs |
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| Revenue from Trading Goods ₹ in Lakhs |
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| Trade Payables Turnover Ratio Ratio |
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| Trade Receivables Turnover Ratio Ratio |
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Documents
Announcements
-
Intimation Of Record Date For Stock Split/ Sub-Division Of Shares As Per Regulation 42 Of The SEBI (LODR) Regulations, 2015 Of Avax Apparels And Ornaments Limited ("The Company")
16 Mar - Record date March 27, 2026 for 1:2 stock split—₹10 to ₹5 per share.
-
Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
13 Mar - March 13, 2026: Equity share subdivision from ₹10 to ₹5; authorised shares increased to 1,00,00,000.
-
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
13 Mar - March 13, 2026 EGM approved face value split ₹10→₹5, bonus issue, redesignation/remuneration of two Joint MDs.
-
Announcement under Regulation 30 (LODR)-Meeting Updates
13 Mar - 13 Mar 2026 EGM: split face value ₹10→₹5, bonus shares, redesignation/remuneration for two joint MDs.
- Shareholder Meeting / Postal Ballot-Outcome of EGM 13 Mar
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