Avax Apparels and Ornaments (BSE 544337)₹51.00−3.77%Other Textile Products
In the Mar 2026 quarter (standalone), Avax Apparels and Ornaments reported sales of ₹21.39 Cr, up 10.4% from Mar 2025, and net profit of ₹1.76 Cr, up 144.4% year on year. For the year to Mar 2026, sales were ₹41.64 Cr and net profit ₹2.96 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|
| Sales | 15.04 | 19.38 | 20.26 | 21.39 |
| Expenses | 13.52 | 18.10 | 18.12 | 18.54 |
| Operating Profit | 1.44 | 1.20 | 2.02 | 2.74 |
| OPM % | 9.6% | 6.2% | 10.0% | 12.8% |
| Other Income | 0.00 | 0.11 | 0.00 | 0.00 |
| Interest | 0.06 | 0.12 | 0.10 | 0.20 |
| Depreciation | 0.13 | 0.17 | 0.27 | 0.10 |
| Profit before tax | 1.27 | 1.03 | 1.67 | 2.46 |
| Tax % | 27.9% | 28.5% | 27.8% | 27.9% |
| Net Profit | 0.90 | 0.72 | 1.19 | 1.76 |
| EPS (Rs) | 1.46 | 0.88 | 1.44 | 2.14 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 0.00 | 0.30 | 14.73 | 22.12 | 34.42 | 41.64 |
| Expenses | 0.00 | 0.27 | 13.68 | 19.92 | 31.64 | 36.67 |
| Operating Profit | 0.00 | 0.00 | 0.98 | 2.09 | 2.65 | 4.77 |
| OPM % | — | 3.4% | 6.7% | 9.5% | 7.7% | 11.4% |
| Other Income | 0.02 | 0.00 | 0.00 | 0.00 | 0.11 | 0.00 |
| Interest | 0.00 | 0.00 | 0.03 | 0.08 | 0.17 | 0.29 |
| Depreciation | 0.00 | 0.00 | 0.02 | 0.08 | 0.31 | 0.38 |
| Profit before tax | 0.00 | 0.02 | 0.95 | 1.95 | 2.29 | 4.12 |
| Tax % | — | 0.0% | 26.7% | 29.0% | 28.6% | 27.8% |
| Net Profit | 0.00 | 0.00 | 0.68 | 1.37 | 1.62 | 2.96 |
| EPS (Rs) | 0.00 | 0.13 | 1.12 | 2.24 | 1.95 | 3.59 |
| Dividend payout % | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.02 | 0.78 | 0.78 | 1.05 | 1.05 |
| Reserves | −0.01 | −0.01 | 0.00 | 0.00 | 0.99 | 2.37 | 5.56 | 8.51 |
| Borrowings | 0.00 | 0.00 | 0.00 | 0.29 | 0.00 | 0.71 | 0.65 | 4.10 |
| Other Liabilities | 0.00 | 0.00 | −0.01 | 0.27 | 1.69 | 0.98 | 2.03 | 0.84 |
| Total Liabilities | 0.00 | 0.00 | 0.00 | 0.58 | 3.46 | 4.84 | 9.29 | 14.50 |
| Fixed Assets | 0.00 | 0.00 | 0.00 | 0.04 | 0.19 | 0.96 | 1.84 | 1.74 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 0.00 | 0.00 | 0.00 | 0.54 | 3.27 | 3.88 | 7.45 | 12.76 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.63 | 0.46 | 0.38 | 2.99 |
| Trade receivables | 0.00 | 0.00 | 0.00 | 0.25 | 2.10 | 3.05 | 6.73 | 5.33 |
| Cash & equivalents | 0.00 | 0.00 | 0.02 | 0.15 | 0.35 | 0.27 | 0.18 | 0.58 |
| Total Assets | 0.00 | 0.00 | 0.00 | 0.58 | 3.46 | 4.84 | 9.29 | 14.50 |
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Cash from operating activity | −0.15 | −0.37 | 0.11 | −0.58 |
| Cash from investing activity | −0.02 | −0.17 | −0.86 | −1.19 |
| Cash from financing activity | 0.31 | 0.74 | 0.70 | 1.69 |
| Net cash flow | 0.12 | 0.19 | −0.07 | −0.08 |
| Capex | 0.02 | 0.17 | 0.86 | 1.19 |
| Free cash flow | −0.18 | −0.55 | −0.78 | −1.78 |
| CFO / OP % | −1,400.0% | −11.0% | 17.0% | 8.0% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor days | — | 327 | 52 | 51 | 72 | 47 |
| Inventory days | — | 0 | 16 | 7 | 3 | 29 |
| Days payable | — | — | 42 | 8 | 18 | 0 |
| Cash conversion cycle | — | 326 | 28 | 51 | 58 | 76 |
| Working capital days | — | −314 | 29 | 33 | 50 | 64 |
| ROCE % | 0.0% | 6.0% | 91.9% | 71.2% | 43.8% | 41.9% |
For the Mar 2026 quarter, Avax Apparels and Ornaments reported sales of ₹21.39 Cr, up 10.4% year on year and net profit of ₹1.76 Cr, up 144.4% year on year. The operating margin was 12.8%.
Avax Apparels and Ornaments' sales for the year to Mar 2026 were ₹41.64 Cr.
Net profit for the year to Mar 2026 was ₹2.96 Cr. Earnings per share over the same trailing period were ₹3.59.
Avax Apparels and Ornaments reported borrowings of ₹4.10 Cr at Mar 2026, against cash and equivalents of ₹0.58 Cr.
Cash from operations was −₹0.58 Cr in the year to Mar 2025; after capital spending, free cash flow was −₹1.78 Cr.