Avax Apparels

Why is Avax Apparels and Ornaments Ltd falling/rising?

As of 19-Jul, Avax Apparels and Ornaments Ltd's stock price is Rs 49.00, reflecting a 3.53% decline today and underperforming its sector by 3.59%. Despite a significant year-to-date increase of 265.81%, current trading conditions indicate a challenging environment for the stock.

As of 19-Jul, Avax Apparels and Ornaments Ltd's stock price is currently at Rs 49.00, showing no change from the previous trading session. However, the stock has experienced a decline today, opening down by 3.53% and reaching an intraday low of Rs 49, which is a decrease of 3.92%. This underperformance is further highlighted by the fact that the stock has underperformed its sector by 3.59%.<BR><BR>In terms of trading activity, there has been erratic trading behavior, with the stock not trading on one day out of the last 20 days. Additionally, investor participation appears to be falling, as evidenced by a significant drop in delivery volume, which decreased by 68.75% compared to the 5-day average. <BR><BR>Despite the stock's impressive year-to-date increase of 265.81% and a one-year increase of 547.12%, the current trading conditions, including the narrow trading range of Rs 0.2 and the stock's performance relative to moving averages, indicate a challenging environment for the stock at this moment. Overall, these factors contribute to the current decline in the stock price of Avax Apparels and Ornaments Ltd.

Which are the latest news on Avax Apparels?

What does Avax Apparels do?

Avax Apparels and Ornaments Ltd is a micro-cap company in the garments industry, originally incorporated in 2005 and previously known as Ethnic Designers. It has no recent sales or profit data, with a market cap of INR 44 Cr, a P/E ratio of 14.00, and a return on equity of 31.00%.

Overview:<BR>Avax Apparels and Ornaments Ltd operates in the garments and apparels industry and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was originally incorporated on June 2, 2005, as "Ethnic Designers Private Limited." It underwent a name change to "Avax Soft Technologies Private Limited" on October 11, 2021. There is no recent sales and profit data reported.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 44 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 14.00<BR>Industry P/E: 21<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.37<BR>Return on Equity: 31.00%<BR>Price-to-Book: 4.34<BR><BR>Contact Details:<BR>Registrar Address: Not available.

How big is Avax Apparels?

As of 10th June, Avax Apparels and Ornaments Ltd has a market capitalization of 44.00 Cr, classifying it as a Micro Cap company, with no valid financial data available for the latest four quarters. The latest balance sheet shows Shareholder's Funds of 6.61 Cr and Total Assets of 9.25 Cr as of March 2025.

As of 10th June, <BR><BR>Market Cap: Avax Apparels and Ornaments Ltd has a market capitalization of 44.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for the latest four quarters, including Net Sales and Net Profit.<BR><BR>Balance Sheet Snapshot: The latest reporting period is March 2025, with Shareholder's Funds amounting to 6.61 Cr and Total Assets valued at 9.25 Cr.

Who are the peers of the Avax Apparels?

Avax Apparels' peers include Mohite Industrie, Sambandam Spg., Wires & Fabriks, Dhanlaxmi Fabric, GTN Industries, MKP Mobility, K G Denim, H P Cotton Tex, Sri Ramakr. Mill, and PBM Polytex. Avax Apparels excels in management risk, growth, and returns compared to its peers, achieving a 1-year return of 564.01%.

Peers: The peers of Avax Apparels are Mohite Industrie, Sambandam Spg., Wires & Fabriks, Dhanlaxmi Fabric, GTN Industries, MKP Mobility, K G Denim, H P Cotton Tex, Sri Ramakr. Mill, and PBM Polytex.<BR><BR>Quality Snapshot: Excellent management risk is observed at Avax Apparels, while Average management risk is found at Wires & Fabriks, GTN Industries, MKP Mobility, K G Denim, H P Cotton Tex, Sri Ramakr. Mill, and the rest. Below Average management risk is noted at Mohite Industrie, Sambandam Spg., Dhanlaxmi Fabric, and PBM Polytex. In terms of growth, Avax Apparels shows Excellent growth, while Good growth is seen at Wires & Fabriks, H P Cotton Tex, and Sri Ramakr. Mill. Below Average growth is present at Mohite Industrie, Sambandam Spg., Dhanlaxmi Fabric, GTN Industries, K G Denim, and PBM Polytex. For capital structure, Avax Apparels has a Good rating, while Average capital structure is found at MKP Mobility, and Below Average capital structure is noted at Mohite Industrie, Sambandam Spg., Wires & Fabriks, Dhanlaxmi Fabric, GTN Industries, K G Denim, H P Cotton Tex, Sri Ramakr. Mill, and PBM Polytex.<BR><BR>Return Snapshot: Avax Apparels has the highest 1-year return at 564.01%, while Wires & Fabriks has the lowest at -35.71%. Compared to its peers, Avax Apparels significantly outperforms them. Additionally, the six-month returns are negative for Mohite Industrie, Wires & Fabriks, Dhanlaxmi Fabric, GTN Industries, MKP Mobility, K G Denim, H P Cotton Tex, and PBM Polytex.

When is the next results date for Avax Apparels and Ornaments Ltd?

The next results date for Avax Apparels and Ornaments Ltd is 25 May 2026.

The next results date for Avax Apparels and Ornaments Ltd is scheduled for 25 May 2026.

What is the bonus history of Avax Apparels?

Avax Apparels has announced a 3:1 bonus issue effective April 7, 2026, meaning shareholders will receive three additional shares for every share held. The record date and ex-date for this bonus are both April 7, 2026.

Avax Apparels has a recent bonus history that includes a 3:1 bonus issue, which is set to take effect on April 7, 2026. This means that for every share held, shareholders will receive three additional shares. The record date and ex-date for this bonus issue are both the same, April 7, 2026. If you have any more questions about Avax Apparels or need further details, feel free to ask!

Is Avax Apparels overvalued or undervalued?

As of December 4, 2025, Avax Apparels is considered overvalued with a valuation grade of expensive, a PE ratio of 14.84, and a recent stock decline of 2.21%, compared to its peers like Elitecon International and PTC India.

As of 4 December 2025, the valuation grade for Avax Apparels has moved from very expensive to expensive. The company is currently considered overvalued. Key ratios include a PE ratio of 14.84, an EV to EBITDA of 9.78, and a ROCE of 24.25%. <BR><BR>In comparison to its peers, Avax Apparels' PE ratio is significantly lower than that of Elitecon International, which stands at 197.4, indicating a substantial premium in that company. Additionally, PTC India, which is rated very attractive, has a PE ratio of 7.18, suggesting that Avax Apparels may not be a compelling investment at its current valuation. Recent stock performance shows a decline of 2.21% over the past week, while the Sensex has only dipped by 0.53%, further reinforcing the notion that Avax Apparels is overvalued in the current market context.

How has been the historical performance of Avax Apparels?

Avax Apparels has experienced significant growth in net sales and profitability over the past three years, with net sales reaching 34.36 Cr in March 2025, up from 14.70 Cr in March 2023. The company has shown a positive trend in operating profit, profit before tax, and total assets, indicating strong financial performance.

Answer:<BR>Avax Apparels has shown significant growth in its historical performance, particularly in net sales and profitability over the past three years.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2025, Avax Apparels reported net sales of 34.36 Cr, a substantial increase from 22.06 Cr in March 2024 and 14.70 Cr in March 2023. Total operating income mirrored this trend, reaching 34.36 Cr in March 2025, up from 22.06 Cr the previous year and 14.70 Cr two years prior. The company's total expenditure also rose to 31.70 Cr in March 2025, compared to 19.96 Cr in March 2024 and 13.71 Cr in March 2023. Operating profit, excluding other income, improved to 2.66 Cr in March 2025 from 2.10 Cr in March 2024 and 0.99 Cr in March 2023, while profit before tax increased to 2.28 Cr in March 2025, up from 1.94 Cr and 0.95 Cr in the prior years. Profit after tax also saw a rise, reaching 1.63 Cr in March 2025, compared to 1.38 Cr in March 2024 and 0.69 Cr in March 2023. The earnings per share (EPS) decreased slightly to 15.67 in March 2025 from 17.92 in March 2024, but the book value per share increased significantly to 63.6 from 41.13 in the previous year. Total assets grew to 9.25 Cr in March 2025, up from 4.84 Cr in March 2024 and 3.47 Cr in March 2023, while total liabilities also increased to 9.25 Cr in March 2025 from 4.84 Cr in March 2024. Overall, Avax Apparels has demonstrated a strong upward trajectory in sales and profitability, indicating a positive trend in its financial performance.

Who are the top shareholders of the Avax Apparels?

The top shareholders of Avax Apparels are Harish Kumar with 20.99%, Amandeep Singh with 10.51%, and individual investors holding a total of 40.22%. There are no institutional holdings from mutual funds or foreign investors.

The top shareholders of Avax Apparels include Harish Kumar, who holds the highest promoter share at 20.99%. The highest public shareholder is Amandeep Singh, with a holding of 10.51%. Additionally, individual investors collectively hold 40.22% of the shares. There are no institutional holdings from mutual funds or foreign institutional investors.

Has Avax Apparels declared dividend?

No Dividend History Available