Avax Apparels and Ornaments Ltd

Avax Apparels and Ornaments Ltd

₹ 114 -4.99%
21 Jan 1:45 p.m.
About

Incorporated in 2005, Avax Apparels and Ornaments Ltd is in the business trading
of fabric and online sale of jewellery[1]

Key Points

Business Verticals:[1]
a) Wholesale trading:
Company operates in the wholesale trading of knitted cloth. They buy from manufacturers and sell on wholesale basis to companies and readymade garment manufacturers in Punjab. The company specializes in knitted cloth, which are used for manufacturing of ladies and gents' jackets
b) Online retail of silver ornaments:
Company operates in the business of online
retail of silver ornaments. They offer a wide
range of designs and articles with a choice
of weight of products, such as silver rings,
silver ladies pajeb, silver gents kada, silver
plate set, silver glass, silver bangles, silver
bowls, silver chains, and other silver jewellery.

  • Market Cap 11.8 Cr.
  • Current Price 114
  • High / Low 147 / 114
  • Stock P/E 8.56
  • Book Value
  • Dividend Yield 0.00 %
  • ROCE 71.3 %
  • ROE 56.1 %
  • Face Value 10.0

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 61.7%
  • Debtor days have improved from 143 to 50.6 days.

Cons

* 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

Sector: Trading Industry: Trading

Part of BSE SME IPO

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.00 0.00 0.00 0.29 14.70 22.06
0.00 0.00 0.01 0.28 13.71 19.96
Operating Profit 0.00 0.00 -0.01 0.01 0.99 2.10
OPM % 3.45% 6.73% 9.52%
0.00 0.00 0.01 0.00 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.02 0.07
Depreciation 0.00 0.00 0.00 0.00 0.03 0.09
Profit before tax 0.00 0.00 0.00 0.01 0.94 1.94
Tax % 0.00% 26.60% 28.87%
0.00 0.00 0.00 0.01 0.69 1.38
EPS in Rs 0.00 0.00 0.00 0.92 9.02 18.03
Dividend Payout % 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 50%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 100%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 62%
Last Year: 56%

Balance Sheet

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 0.01 0.01 0.01 0.01 0.77 0.77
Reserves -0.01 -0.01 0.00 0.01 1.00 2.38
0.00 0.00 0.00 0.30 0.00 0.72
0.02 0.01 0.00 0.26 1.69 0.97
Total Liabilities 0.02 0.01 0.01 0.58 3.46 4.84
0.00 0.00 0.00 0.03 0.18 0.95
CWIP 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
0.01 0.00 0.01 0.55 3.28 3.89
Total Assets 0.02 0.01 0.01 0.58 3.46 4.84

Cash Flows

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.00 0.00 -0.14 -0.36 0.11
0.00 0.00 -0.03 -0.18 -0.87
0.00 0.00 0.30 0.73 0.68
Net Cash Flow 0.00 0.00 0.13 0.20 -0.08

Ratios

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 327.24 52.39 50.63
Inventory Days 0.00 17.34 8.46
Days Payable 40.56 7.33
Cash Conversion Cycle 327.24 29.18 51.76
Working Capital Days 62.93 28.06 43.68
ROCE % 0.00% 6.06% 91.87% 71.28%

Shareholding Pattern

Numbers in percentages

7 Recently
Jan 2025
41.97%
0.19%
57.84%
No. of Shareholders 138

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Annual reports

No data available.