Avax Apparels

Which are the latest news on Avax Apparels?

Why is Avax Apparels and Ornaments Ltd falling/rising?

As of 05-Sep, Avax Apparels and Ornaments Ltd's stock price has risen to Rs 37.95, reflecting a 3.15% increase, driven by strong buying interest and increased investor participation. The stock has outperformed its sector and is trading above its 200-day moving average, indicating positive long-term performance.

As of 05-Sep, Avax Apparels and Ornaments Ltd is experiencing a rise in its stock price, currently at Rs 37.95, which reflects an increase of Rs 1.16 or 3.15%. This upward movement can be attributed to several factors. The stock has outperformed its sector by 1.88% today and has shown a consecutive gain over the last two days, accumulating a total return of 4.55% during this period. Additionally, the stock opened with a significant gain of 4.78% today and reached an intraday high of Rs 38.6, indicating strong buying interest.<BR><BR>Investor participation has also increased, with delivery volume rising by 18.18% compared to the 5-day average, suggesting heightened interest from investors. Furthermore, the stock is trading above its 200-day moving average, which is often viewed as a positive indicator of long-term performance. Despite some erratic trading patterns, including not trading on one day out of the last 20, the overall sentiment appears to be bullish, contributing to the stock's rise.

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 currently has no available sales or profit data, with a market cap of INR 32 Cr and a P/E ratio of 11.00.

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 changed its name to "Avax Soft Technologies Private Limited" on October 11, 2021. There is no sales or profit data available for the latest quarter.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: INR 32 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 11.00 <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: 3.49 <BR><BR>Contact Details: <BR>Address: Not available <BR>Phone: Not available <BR>Email: Not available <BR>Website: Not available

Who are the peers of the Avax Apparels?

Avax Apparels' peers include Sri Ramakr. Mill, K G Denim, Morarjee Text., Trident Texofab, Gokak Textiles, Mohit Industries, Suryaamba Spinni, Super Spinning, and Akshar Spintex. Avax Apparels shows excellent management and growth, while its peers generally have below-average metrics, with Sri Ramakr. Mill achieving the highest 1-year return at 12.88%.

Peers: The peers of Avax Apparels are Sri Ramakr. Mill, K G Denim, Morarjee Text., Trident Texofab, Gokak Textiles, Mohit Industries, Suryaamba Spinni, Super Spinning, Akshar Spintex.<BR><BR>Quality Snapshot: Excellent management risk is observed at Avax Apparels, while Average management risk is found at Sri Ramakr. Mill and Suryaamba Spinni, and the rest have Below Average management risk. Growth is Excellent at Avax Apparels, Good at Sri Ramakr. Mill, and the rest have Below Average growth. Capital Structure is Good at Avax Apparels, Average at Suryaamba Spinni, and the rest have Below Average or do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Sri Ramakr. Mill at 12.88%, while the peer with the lowest is Trident Texofab at -90.61%. Avax Apparels does not have a 1-year return available for comparison. Additionally, K G Denim, Trident Texofab, Gokak Textiles, Mohit Industries, Suryaamba Spinni, Super Spinning, and Akshar Spintex all have negative six-month returns.

How big is Avax Apparels?

As of 14th August, Avax Apparels and Ornaments Ltd has a market capitalization of 42.00 Cr, classifying it as a Micro Cap company, with no recent financial data available for net sales or net profit. 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 14th August, <BR><BR>Market Cap: Avax Apparels and Ornaments Ltd has a market capitalization of 42.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for net sales or net profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The latest annual reporting period is March 2025, with Shareholder's Funds amounting to 6.61 Cr and Total Assets valued at 9.25 Cr.

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