As of 6 Nov 2026, Avax trades at 14.3× trailing earnings, and the shares are 12% below their 52-week high. It earns ROCE of 45% and ROE of 37%, and sales and net profit grew 41% and 62% a year over 3 years. Debt is 0.43× equity. It is a small-cap company with a market cap of ₹42 Cr; the shares rose 138% over the past year.
- ₹51.00
- ₹51.00
- ₹51.00
- ₹53.00
- 16K
Health check
- ReturnsStrong
+137.7% over the past year.
- Price tagNo peers
P/E 14.3, with no peers to compare.
- GrowthStrong
Sales +41.3%, profit +62.3% a year over 3 years.
- ProfitabilityStrong
ROCE 45.2%.
- Balance sheetSolid
Debt 0.43× equity, interest covered 22.4×.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹42 Cr
- Small cap
- P/E
- 14.3
- Price to book
- 4.43
- Book value ₹11.52
- Dividend yield
- 0.00%
- ROE
- 36.7%
- Return on equity
- ROCE
- 45.2%
- Return on capital employed
- Debt to equity
- 0.43
- Debt ₹4.11 Cr
- EPS (TTM)
- ₹3.57
- OPM (TTM)
- 12.4%
- Net margin 7.1%
- Sales growth
- +10.2%
- Latest quarter vs a year ago
- Profit growth
- +107.9%
- Latest quarter vs a year ago
- Price to sales
- 1.02
- EV/EBITDA 9.6
Strengths and risks
Strengths
- Return on equity of 36.7%.
- Return on capital employed of 45.2%.
- Quarterly profit up 107.9% on a year ago.
About Avax
Avax Limited distributes fabrics, garments, apparel, and imitation jewelry. The company trades finished and raw material cloth products, including cotton, crepe, denim, linen, satin, synthetic fabrics such as nylon, polyester, and spandex, and velvet fabrics. It also distributes knitted fabrics, including flat/jersey knit and purl knit, along with garments and knitwear. Additionally, the company retails ladies' apparel and imitation jewelry under the…
- Headquarters
- Delhi
- Employees
- 17
- Sector
- Consumer Cyclical
- ISIN
- INE0NQ401024
- Website
- avaxapparels.com
Price range
- Avg volume (3M)
- 5.1K
- 1-year return
- plus 137.7%
- From 52-week high
- minus 12.5%
Peers
We couldn’t find listed peers for this company.
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- +41.3%
- Profit CAGR 3Y
- +62.3%
- ROE
- 36.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 14.7 | 22.1 | 34.3 | 41.5 | |
| – | +50.0% | +55.7% | +20.9% | |
| 13.7 | 20 | 31.7 | 36.7 | |
| 1 | 2.1 | 2.7 | 4.8 | |
| 6.8% | 9.5% | 7.7% | 11.5% | |
| −0 | −0 | 0.1 | −0.1 | |
| 0 | 0.1 | 0.1 | 0.2 | |
| 0 | 0.1 | 0.3 | 0.4 | |
| 0.9 | 1.9 | 2.3 | 4.1 | |
| 26.5% | 28.8% | 28.4% | 27.8% | |
| 0.7 | 1.4 | 1.6 | 3 | |
| – | +99.0% | +18.1% | +81.8% | |
| 0.84 | 1.66 | 2.47 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.8 | 0.8 | 1 | 1 | |
| 1 | 2.4 | 5.6 | 8.5 | |
| – | 0.7 | 0.7 | 4.1 | |
| 1.7 | 1 | 2 | 0.8 | |
| 3.5 | 4.8 | 9.3 | 14.5 | |
| 0.3 | 0.9 | 1.8 | 1.7 | |
| 0.1 | – | – | – | |
| – | – | 0 | 0 | |
| 0.3 | 0.3 | 0.2 | 0.6 | |
| 2.7 | 3.6 | 7.3 | 12.3 | |
| 3.5 | 4.8 | 9.3 | 14.5 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0.4 | 0.1 | −0.5 | −2.5 | |
| −0.2 | −0.9 | −1.2 | −0.3 | |
| 0.7 | 0.7 | 1.6 | 3.2 | |
| 0.2 | −0.1 | −0.1 | 0.4 | |
| −0.2 | −0.9 | −1.2 | −0.3 | |
| −0.5 | −0.8 | −1.7 | −2.8 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.