Avax Apparels and Ornaments Limited
Quick Take
- • Trading at 9.5× trailing earnings
- • Strong ROE at 36.7%
- • Low leverage (D/E 0.43)
- • No dividend data
- • Operating margin 12.4% · Net margin 7.1%
- • Profit growth +876.20% YoY · Beta —
Shareholding Pattern
About the company
From latest AR & concallAvax Apparels and Ornaments Limited engages in the wholesale trading and manufacturing of knitted cloth in India. The company offers cotton, crepe, denim, linen, satin, synthetic, and velvet fabrics; and flat or jersey knit and purl knit fabrics for use in manufacturing ladies and gents' jackets. It is also involved in the trading of garments and knitted clothes, as well as the online retail business through avaxapparels.shop, an e-commerce portal. The company was formerly known as Avax Soft Technologies Limited and changed its name to Avax Apparels and Ornaments Limited in June 2023. Avax Apparels and Ornaments Limited was incorporated in 2005 and is based in Ludhiana, India.
