Avax Apparels and Ornaments Ltd
Incorporated in 2005, Avax Apparels and Ornaments Ltd deals in wearing apparels and silver ornaments.[1]
- Market Cap ₹ 44.0 Cr.
- Current Price ₹ 52.9
- High / Low ₹ 58.3 / 22.3
- Stock P/E 14.8
- 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 1.06% 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 | 0.02 | 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: | 141% |
| 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/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 0% | -1,400% | -11% | 17% | 10% | -34% |
Ratios
Standalone / 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 | Mar 2026 | |
|---|---|---|---|
| Manufacturing Revenue Share (Vertical Integration Mix) % of total revenue |
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| Purchases of Stock-in-Trade (Trading Goods 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
-
Statement Of Grievance Redressal Mechanism As Per Regulation 13(3) Of The SEBI (LODR) Regulations, 2015 For The Quarter Ended September 30, 2026
- Quarter ended September 30, 2026 investor complaints statement shows nil pending complaints.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Reg 74(5) certificate for quarter ended 30 September 2026; no physical share certificates received for dematerialization.
-
Announcement under Regulation 30 (LODR)-Change of Company Name
- MCA issued fresh incorporation certificate changing name to Avax Limited, effective October 6, 2026.
- Closure of Trading Window
-
Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
- AGM approved name change from Avax Apparels and Ornaments Limited to Avax Limited on September 18, 2026.
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