Avax Apparels and Ornaments Ltd
Incorporated in 2005, Avax Apparels and Ornaments Ltd deals in wearing apparels and silver ornaments.[1]
- Market Cap ₹ 42.4 Cr.
- Current Price ₹ 51.0
- High / Low ₹ 55.4 / 12.5
- Stock P/E 14.3
- 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: | 223% |
| 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 | 0.84 | |
| Total Liabilities | 0.02 | 0.01 | 0.01 | 0.58 | 3.46 | 4.84 | 9.29 | 14.53 |
| 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 | 12.80 | |
| Total Assets | 0.02 | 0.01 | 0.01 | 0.58 | 3.46 | 4.84 | 9.29 | 14.53 |
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 | -0.57 | 0.00 | ||
| 0.00 | 0.00 | -0.03 | -0.18 | -0.87 | -1.20 | 0.00 | ||
| 0.00 | 0.00 | 0.30 | 0.73 | 0.69 | 1.68 | 0.00 | ||
| Net Cash Flow | 0.00 | 0.00 | 0.13 | 0.20 | -0.08 | -0.09 | 0.00 | |
| Free Cash Flow | 0.00 | 0.00 | -0.17 | -0.54 | -0.77 | -1.77 | 0.00 | |
| CFO/OP | 0% | -1,400% | -11% | 17% | 8% | 0% |
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
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Statement Of Grievance Redressal Mechanism As Per Regulation 13(3) Of The SEBI (LODR) Regulations, 2015 For The Quarter Ended June 30, 2026
7 Jul - Quarter ended June 30, 2026 investor complaints statement shows nil complaints pending or received.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Jul - Certificate in pursuance to Reg. 74(5) of SEBI (DP) Regulation, 2018 for the quarter ended June 30, 2026
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Disclosure Under Regulation 7(2) And 6(2) Of SEBI (Prohibition Of Insider Trading) Regulations 2015
3 Jun - Promoter group member Davinderpal Singh Sodhi bought 80,000 shares on-market during 28 May-5 Jun 2026.
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Statement On Deviation Or Variation Of Funds As Per Regulation 32 Of The SEBI (LODR) Regulations, 2015 For The Half Year And Year Ended March 31, 2026 Of Avax Apparels And Ornaments Limited
25 May - Avax reports full IPO fund utilization of Rs. 191.80 lakh; no deviation or variation as of March 31, 2026.
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Non-Applicability Of Disclosure Of Related Party Transactions Under Regulation 23(9) Of SEBI (LODR) Regulations, 2015 For The Half Year And Year Ended March 31, 2026 Of Avax Apparels And Ornaments Limited
25 May - Avax says RPT disclosure under Regulation 23(9) not applicable for FY26; net worth 9.58 crore.
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