Avax Apparels and Ornaments

Avax Apparels and Ornaments (AVAX) is a micro-cap Textiles company valued at ₹44 crore operating in Textile Trading on the NSE and BSE.

Recent price move

Avax Apparels and Ornaments last traded at ₹53, unchanged on the day.

Recent developments

On 2026-03-31, the company reported its latest quarter results, showing a significant jump in net profit to ₹2 crore, up 142.5% from ₹1 crore in the same quarter a year earlier. The company has maintained consistent profit growth over the past three years, with a 63.2% compound annual growth rate in net profit.

Financial performance

The company's business is improving, with annual revenue rising 55.8% and annual net profit growing 18.1%. The latest quarter saw revenue increase 10.2% year-over-year, while net profit surged 142.5% compared to the same quarter a year earlier. However, the net profit margin narrowed 1.5 percentage points to 4.7%, despite strong revenue growth.

Valuation multiples

The stock trades at 27.3 times earnings, 2.89 times book value.

Things to watch

The company's net profit margin has declined 1.5 percentage points to 4.7%, which could signal pressure on profitability. The stock is 68.5% below its 52-week high, indicating a significant drop from recent peak levels. The company has not paid any dividends despite reporting profits, which may raise concerns about capital returns to shareholders.

Where it stands

Avax Apparels and Ornaments has delivered strong revenue and profit growth, with net profit rising 142.5% in the latest quarter. The company's net profit margin has narrowed, and it has not distributed any dividends. The stock is significantly below its 52-week high, reflecting a sharp decline from recent levels.

Summarised by DocStoX's model on 2026-11-01 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.