Avax Apparels and Ornaments Ltd
Incorporated in 2005, Avax Apparels and Ornaments Ltd deals in wearing apparels and silver ornaments.[1]
- Market Cap ₹ 26.3 Cr.
- Current Price ₹ 31.6
- High / Low ₹ 55.4 / 15.0
- Stock P/E 8.86
- Book Value ₹ 11.5
- Dividend Yield 0.00 %
- ROCE 41.9 %
- ROE 36.7 %
- Face Value ₹ 5.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 38.7%
- Promoter holding has increased by 10.0% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | 0.00 | 0.29 | 14.70 | 22.06 | 34.36 | 41.53 | |
| 0.00 | 0.00 | 0.01 | 0.28 | 13.71 | 19.96 | 31.70 | 36.75 | |
| Operating Profit | 0.00 | 0.00 | -0.01 | 0.01 | 0.99 | 2.10 | 2.66 | 4.78 |
| OPM % | 3.45% | 6.73% | 9.52% | 7.74% | 11.51% | |||
| 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.10 | 0.00 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.07 | 0.16 | 0.28 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.09 | 0.32 | 0.39 |
| Profit before tax | 0.00 | 0.00 | 0.00 | 0.01 | 0.94 | 1.94 | 2.28 | 4.11 |
| Tax % | 0.00% | 26.60% | 28.87% | 28.51% | 27.74% | |||
| 0.00 | 0.00 | 0.00 | 0.01 | 0.69 | 1.38 | 1.63 | 2.97 | |
| EPS in Rs | 0.00 | 0.00 | 0.00 | 0.12 | 1.11 | 2.23 | 1.94 | 3.58 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 41% |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 63% |
| TTM: | 82% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 109% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 41% |
| 3 Years: | 39% |
| Last Year: | 37% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 8.54 |
| 0.00 | 0.00 | 0.00 | 0.30 | 0.00 | 0.72 | 0.66 | 4.11 | |
| 0.02 | 0.01 | 0.00 | 0.26 | 1.69 | 0.97 | 2.02 | 0.83 | |
| Total Liabilities | 0.02 | 0.01 | 0.01 | 0.58 | 3.46 | 4.84 | 9.29 | 14.52 |
| 0.00 | 0.00 | 0.00 | 0.03 | 0.18 | 0.95 | 1.83 | 1.73 | |
| 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 | 12.79 | |
| Total Assets | 0.02 | 0.01 | 0.01 | 0.58 | 3.46 | 4.84 | 9.29 | 14.52 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | -0.14 | -0.36 | 0.10 | -0.52 | -2.50 | ||
| 0.00 | 0.00 | -0.03 | -0.18 | -0.87 | -1.20 | -0.29 | ||
| 0.00 | 0.00 | 0.30 | 0.73 | 0.69 | 1.63 | 3.19 | ||
| Net Cash Flow | 0.00 | 0.00 | 0.13 | 0.20 | -0.08 | -0.09 | 0.40 | |
| Free Cash Flow | 0.00 | 0.00 | -0.17 | -0.54 | -0.77 | -1.72 | -2.79 | |
| CFO/OP | 0% | -1,400% | -11% | 17% | 10% | -34% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 327.24 | 52.39 | 50.63 | 71.70 | 47.02 | |||
| Inventory Days | 0.00 | 17.34 | 8.46 | 4.43 | 30.38 | |||
| Days Payable | 40.56 | 7.33 | 17.01 | 0.00 | ||||
| Cash Conversion Cycle | 327.24 | 29.18 | 51.76 | 59.13 | 77.40 | |||
| Working Capital Days | -314.66 | 28.06 | 31.77 | 48.65 | 63.37 | |||
| ROCE % | 0.00% | 6.06% | 91.87% | 71.28% | 43.81% | 41.89% |
Insights
In beta| Mar 2024 | Mar 2025 | |
|---|---|---|
| Knitted Clothes Segment Revenue Share % of total revenue |
|
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| Manufacturing Revenue Share (Vertical Integration Mix) % of total revenue |
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| Plant & Machinery Gross Block (Manufacturing Capacity) Rs. Lakhs |
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| Purchases of Stock-in-Trade (Trading Goods Volume) Rs. Lakhs |
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| Raw Material (Yarn) Consumption (Manufacturing Input Volume) Rs. Lakhs |
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| Permanent Employees count |
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| Top 3 Customer Revenue Share % of total revenue |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Advertisement regarding 21st Annual General Meeting (AGM) of the Company
- Reg. 34 (1) Annual Report.
-
Notice Of 21St Annual General Meeting (AGM), E-Voting Period And Cut-Off Date For The Purpose Of E-Voting Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
- 21st AGM on 18 Sep 2026 via VC/OAVM; e-voting 15-17 Sep, cut-off 11 Sep, name change proposed.
-
Board Meeting Outcome for Output Of Meeting Of The Board Of Director Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
- Board approved proposed name change to Avax Limited, subject to MCA, shareholder and other approvals.
-
Board Meeting Intimation for Consider And Approval Of Change Of Name Of The Company And Consequent Alteration In The Memorandum Of Association And Articles Of Association Of The Company After Reservation Of The Proposed Name.
- Board meeting on 24 Aug 2026 to consider company name change and related charter amendments.
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