Income Statement AVAX APPAPAR Bombay S.E.

Stocks

544337

INE0NQ401016

Textiles & Leather Goods

Market Closed - Bombay S.E. Other stock markets 13:01:02 30/07/2026 +03			5-day change	1st Jan Change
51.10 ^INR	+0.20%		+2.20%	+83.11%

05-25

Avax Apparels and Ornaments Limited Reports Earnings Results for the Full Year Ended March 31, 2026

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Published financial data: AVAX APPAPAR

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	-	2.89M	147M	221M	344M
Other Revenues, Total	51K	-	-	-	-
Total Revenues	51K	2.89M	147M	221M	344M
Cost of Goods Sold, Total	-	2.72M	130M	194M	305M
Gross Profit	51K	170K	16.54M	26.53M	38.18M
Selling General & Admin Expenses, Total	-	10K	4.77M	4.81M	7.39M
Depreciation & Amortization - (IS)	-	-	275K	935K	3.24M
Other Operating Expenses	7K	25K	1.85M	712K	3.22M
Other Operating Expenses, Total	7K	35K	6.89M	6.46M	13.84M
Operating Income	44K	135K	9.65M	20.07M	24.34M
Interest Expense, Total	-	-	-194K	-625K	-1.36M
Interest And Investment Income	-	-	1K	-	-
Net Interest Expenses	-	-	-193K	-625K	-1.36M
Other Non Operating Income (Expenses)	1K	-1K	0	-38K	-177K
EBT, Excl. Unusual Items	45K	134K	9.45M	19.41M	22.8M
EBT, Incl. Unusual Items	45K	134K	9.45M	19.41M	22.8M
Income Tax Expense	-	33K	2.51M	5.59M	6.48M
Earnings From Continuing Operations	45K	101K	6.94M	13.82M	16.32M
Net Income to Company	45K	101K	6.94M	13.82M	16.32M
Net Income - (IS)	45K	101K	6.94M	13.82M	16.32M
Net Income to Common Incl Extra Items	45K	101K	6.94M	13.82M	16.32M
Net Income to Common Excl. Extra Items	45K	101K	6.94M	13.82M	16.32M
Per Share Items
Net EPS - Basic	0.01	0.02	1.13	2.26	2.47
Basic EPS - Continuing Operations	0.01	0.02	1.13	2.26	2.47
Basic Weighted Average Shares Outstanding	4.15M	4.15M	6.12M	6.12M	6.6M
Net EPS - Diluted	0.01	0.02	1.13	2.26	2.47
Diluted EPS - Continuing Operations	0.01	0.02	1.13	2.26	2.47
Diluted Weighted Average Shares Outstanding	4.15M	4.15M	6.12M	6.12M	6.6M
Normalized Basic EPS	0.01	0.02	0.97	1.98	2.16
Normalized Diluted EPS	0.01	0.02	0.97	1.98	2.16
Supplemental Items
EBITDA	-	-	9.91M	20.99M	27.56M
EBITA	44K	135K	9.65M	20.07M	24.34M
EBIT	44K	135K	9.65M	20.07M	24.34M
EBITDAR	-	-	10.49M	22.09M	28.03M
Total Revenues (As Reported)	51K	2.89M	147M	221M	345M
Effective Tax Rate - (Ratio)	-	24.63	26.55	28.8	28.44
Current Domestic Taxes	-	-	2.54M	5.62M	6.77M
Total Current Taxes	-	30K	2.54M	5.62M	6.77M
Deferred Domestic Taxes	-	-	-28K	-28K	-285K
Total Deferred Taxes	-	3K	-28K	-28K	-285K
Normalized Net Income	28.12K	83.75K	5.91M	12.13M	14.25M
Supplemental Operating Expense Items
Advertising Expense	-	1K	801K	8K	128K
Selling and Marketing Expenses	-	1K	801K	8K	128K
General and Administrative Expenses	-	-	-	-	-
Net Rental Expense, Total	-	9K	581K	1.1M	468K
Imputed Operating Lease Interest Expense	-	-	-	-	739K
Imputed Operating Lease Depreciation	-	-	-	-	-271K
Maintenance & Repair Expenses, Total	-	-	-	-	750K

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	69K	1.41M	3.4M	2.6M	1.68M
Total Cash And Short Term Investments	69K	1.41M	3.4M	2.6M	1.68M
Accounts Receivable, Total	-	2.58M	21.09M	30.63M	67.53M
Total Receivables	-	2.58M	21.09M	30.63M	67.53M
Inventory	-	-	6.17M	4.45M	3.66M
Prepaid Expenses	-	-	27K	-	31K
Other Current Assets, Total	-	541K	998K	1.22M	1.35M
Total Current Assets	69K	4.53M	31.69M	38.89M	74.25M
Gross Property Plant And Equipment	-	258K	1.99M	10.64M	22.63M
Accumulated Depreciation	-	-	-265K	-1.18M	-4.4M
Net Property Plant And Equipment	-	258K	1.73M	9.46M	18.23M
Long-term Investments	-	-	-	-	-
Other Intangibles, Total	-	-	47K	29K	45K
Deferred Tax Assets Long-Term	-	-	25K	53K	338K
Other Long-Term Assets, Total	-	975K	1.2M	21K	22K
Total Assets	69K	5.77M	34.69M	48.46M	92.88M
Liabilities
Accounts Payable, Total	-	2.55M	14.48M	3.91M	14.15M
Accrued Expenses, Total	6K	20K	28K	256K	1.35M
Short-term Borrowings	-	3M	-	7.15M	6.64M
Current Income Taxes Payable	-	30K	2.54M	5.68M	4.66M
Deferred Tax Liability Current	-	3K	-	-	-
Other Current Liabilities	-	-	-	-	-
Total Current Liabilities	6K	5.6M	17.04M	16.99M	26.79M
Other Non Current Liabilities	-	-	-	-1K	-
Total Liabilities	6K	5.6M	17.04M	16.99M	26.79M
Common Stock, Total	108K	108K	7.65M	7.65M	10.39M
Additional Paid In Capital	402K	402K	-	-	24.58M
Retained Earnings	-447K	-345K	10M	23.82M	31.12M
Total Common Equity	63K	165K	17.65M	31.47M	66.1M
Total Equity	63K	165K	17.65M	31.47M	66.1M
Total Liabilities And Equity	69K	5.77M	34.69M	48.46M	92.88M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	4.15M	4.15M	6.12M	6.12M	8.31M
ECS Total Common Shares Outstanding	4.15M	4.15M	6.12M	6.12M	8.31M
Book Value / Share	0.02	0.04	2.88	5.14	7.95
Tangible Book Value	63K	165K	17.6M	31.44M	66.05M
Tangible Book Value Per Share	0.02	0.04	2.88	5.14	7.95
Total Debt	0	3M	0	7.15M	6.64M
Net Debt	-69K	1.59M	-3.4M	4.55M	4.96M
Debt Equivalent Oper. Leases	-	72K	4.65M	8.78M	3.74M
Account Code - Inventory Valuation	-	5	5	5	5
Inventories - Finished Goods, Total	-	-	6.17M	4.45M	3.66M
Machinery, Total	-	258K	1.99M	10.64M	22.63M
Full Time Employees	-	8	7	8	8

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	45K	101K	6.94M	13.82M	16.32M
Depreciation & Amortization - CF	-	-	264K	917K	3.22M
Depreciation & Amortization, Total	-	-	264K	917K	3.22M
Amortization of Deferred Charges, Total - (CF)	-	-	11K	18K	14K
Other Operating Activities, Total	-	33K	165K	368K	-291K
Change In Accounts Receivable	-	-2.58M	-18.52M	-9.53M	-36.9M
Change In Inventories	-	-	-6.17M	1.72M	796K
Change In Accounts Payable	-	2.55M	11.93M	-10.57M	10.24M
Change in Other Net Operating Assets	-5K	-1.5M	1.81M	4.36M	924K
Cash from Operations	40K	-1.4M	-3.57M	1.1M	-5.68M
Capital Expenditure	-	-258K	-1.79M	-8.65M	-12.02M
Other Investing Activities, Total	-	-	1K	-	-
Cash from Investing	-	-258K	-1.79M	-8.65M	-12.02M
Short Term Debt Issued, Total	-	3M	-	7.15M	-
Total Debt Issued	-	3M	-	7.15M	-
Short Term Debt Repaid, Total	-	-	-3M	-	-515K
Total Debt Repaid	-	-	-3M	-	-515K
Issuance of Common Stock	-	-	16.56M	-	18.31M
Other Financing Activities, Total	-	-	-6.22M	-395K	-1.02M
Cash from Financing	-	3M	7.34M	6.76M	16.78M
Net Change in Cash	40K	1.34M	1.99M	-802K	-920K
Supplemental Items
Cash Interest Paid	-	-	194K	395K	1.02M
Cash Income Tax Paid (Refund)	-	-	2.54M	5.62M	7.79M
Levered Free Cash Flow	-61.5K	-699K	-6.34M	-10.77M	-20.38M
Unlevered Free Cash Flow	-61.5K	-699K	-6.22M	-10.38M	-19.53M
Change In Net Working Capital	89K	525K	10.73M	15.2M	25.97M
Net Debt Issued / Repaid	-	3M	-3M	7.15M	-515K

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	30.22	2.89	29.81	30.17	21.53
Return on Total Capital	67.9	5.23	57.94	44.59	27.33
Return On Equity %	111.11	88.6	77.96	56.27	33.45
Return on Common Equity	111.11	88.6	77.96	56.27	33.45
Margin Analysis
Gross Profit Margin %	100	5.89	11.25	12.03	11.11
SG&A Margin	-	0.35	3.25	2.18	2.15
EBITDA Margin %	-	-	6.74	9.51	8.02
EBITA Margin %	86.27	4.68	6.56	9.1	7.08
EBIT Margin %	86.27	4.68	6.56	9.1	7.08
Income From Continuing Operations Margin %	88.24	3.5	4.72	6.26	4.75
Net Income Margin %	88.24	3.5	4.72	6.26	4.75
Net Avail. For Common Margin %	88.24	3.5	4.72	6.26	4.75
Normalized Net Income Margin	55.15	2.9	4.02	5.5	4.15
Levered Free Cash Flow Margin	-120.59	-24.2	-4.31	-4.88	-5.93
Unlevered Free Cash Flow Margin	-120.59	-24.2	-4.23	-4.7	-5.68
Asset Turnover
Asset Turnover	0.56	0.99	7.27	5.31	4.86
Fixed Assets Turnover	-	-	148.06	39.42	24.82
Receivables Turnover (Average Receivables)	-	-	12.42	8.53	7
Inventory Turnover (Average Inventory)	-	-	-	36.53	75.3
Short Term Liquidity
Current Ratio	11.5	0.81	1.86	2.29	2.77
Quick Ratio	11.5	0.71	1.44	1.96	2.58
Operating Cash Flow to Current Liabilities	6.67	-0.25	-0.21	0.06	-0.21
Days Sales Outstanding (Average Receivables)	-	-	29.39	42.9	52.14
Days Outstanding Inventory (Average Inventory)	-	-	-	10.02	4.85
Average Days Payable Outstanding	-	-	-	17.49	10.82
Cash Conversion Cycle (Average Days)	-	-	-	35.43	46.16
Long Term Solvency
Total Debt/Equity	-	1.82K	-	22.72	10.04
Total Debt / Total Capital	-	94.79	-	18.51	9.12
Total Liabilities / Total Assets	8.7	97.14	49.12	35.06	28.84
EBIT / Interest Expense	-	-	49.73	32.12	17.88
EBITDA / Interest Expense	-	-	51.09	33.58	20.25
(EBITDA - Capex) / Interest Expense	-	-	41.85	19.74	11.42
Total Debt / EBITDA	-	-	-	0.34	0.24
Net Debt / EBITDA	-	-	-0.34	0.22	0.18
Total Debt / (EBITDA - Capex)	-	-	-	0.58	0.43
Net Debt / (EBITDA - Capex)	-	-	-0.42	0.37	0.32
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	5.56K	4.99K	50.05	55.75
Gross Profit, 1 Yr. Growth %	-	233.33	9.63K	60.4	43.92
EBITDA, 1 Yr. Growth %	-	-	-	111.77	31.3
EBITA, 1 Yr. Growth %	-833.33	206.82	7.05K	108.06	21.25
EBIT, 1 Yr. Growth %	-833.33	206.82	7.05K	108.06	21.25
Earnings From Cont. Operations, 1 Yr. Growth %	-215.38	124.44	6.78K	99.01	18.08
Net Income, 1 Yr. Growth %	-215.38	124.44	6.78K	99.01	18.08
Normalized Net Income, 1 Yr. Growth %	-850	197.78	6.96K	105.3	17.48
Diluted EPS Before Extra, 1 Yr. Growth %	-215.21	124.45	4.56K	99.11	9.48
Accounts Receivable, 1 Yr. Growth %	-	-	717.91	45.19	120.5
Inventory, 1 Yr. Growth %	-	-	-	-27.82	-17.87
Net Property, Plant and Equip., 1 Yr. Growth %	-	-	569.77	447.63	92.61
Total Assets, 1 Yr. Growth %	-38.94	8.26K	501.61	39.7	91.66
Tangible Book Value, 1 Yr. Growth %	250	161.9	10.57K	78.61	110.08
Common Equity, 1 Yr. Growth %	250	161.9	10.6K	78.3	110.03
Cash From Operations, 1 Yr. Growth %	-4.1K	-3.6K	155.22	-130.69	-685.57
Capital Expenditures, 1 Yr. Growth %	-	-	594.57	382.81	38.87
Levered Free Cash Flow, 1 Yr. Growth %	-5.49K	1.04K	808.92	69.81	89.35
Unlevered Free Cash Flow, 1 Yr. Growth %	-5.49K	1.04K	791.54	66.84	88.28
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	5.27K	774.13	52.87
Gross Profit, 2 Yr. CAGR %	-	-	1.7K	1.15K	51.94
EBITDA, 2 Yr. CAGR %	-	-	-	-	66.76
EBITA, 2 Yr. CAGR %	196.65	374.34	1.38K	1.12K	58.84
EBIT, 2 Yr. CAGR %	196.65	374.34	1.38K	1.12K	58.84
Earnings From Cont. Operations, 2 Yr. CAGR %	229.53	60.93	1.14K	1.07K	53.3
Net Income, 2 Yr. CAGR %	229.53	60.93	1.14K	1.07K	53.3
Normalized Net Income, 2 Yr. CAGR %	183.47	372.58	1.35K	1.1K	55.31
Diluted EPS Before Extra, 2 Yr. CAGR %	229.58	60.81	923.18	863.69	47.65
Accounts Receivable, 2 Yr. CAGR %	-	-	-	244.6	78.92
Inventory, 2 Yr. CAGR %	-	-	-	-	-23.01
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	-	505.63	224.78
Total Assets, 2 Yr. CAGR %	-31.52	614.33	2.14K	189.88	63.63
Tangible Book Value, 2 Yr. CAGR %	5.12	202.76	1.57K	1.28K	93.71
Common Equity, 2 Yr. CAGR %	5.12	202.76	1.57K	1.28K	93.52
Cash From Operations, 2 Yr. CAGR %	716.5	3.64K	844.46	-11.5	26.17
Capital Expenditures, 2 Yr. CAGR %	-	-	-	479.09	158.94
Levered Free Cash Flow, 2 Yr. CAGR %	-	2.38K	915.4	292.55	79.31
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	2.38K	905.64	285.36	77.23
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	1.53K	391.88
Gross Profit, 3 Yr. CAGR %	-	-	-	704.26	507.86
EBITA, 3 Yr. CAGR %	-	200	1.07K	669.8	464.94
EBIT, 3 Yr. CAGR %	-	200	1.07K	669.8	464.94
Earnings From Cont. Operations, 3 Yr. CAGR %	-	189.93	462.58	574.66	444.65
Net Income, 3 Yr. CAGR %	-	189.93	462.58	574.66	444.65
Normalized Net Income, 3 Yr. CAGR %	-	188.16	1.06K	655.55	454.15
Diluted EPS Before Extra, 3 Yr. CAGR %	-	189.97	394.09	492.92	366.75
Accounts Receivable, 3 Yr. CAGR %	-	-	-	-	196.95
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	-	313.39
Total Assets, 3 Yr. CAGR %	-	239.68	574.59	788.88	152.54
Tangible Book Value, 3 Yr. CAGR %	-	42.51	892.57	693.19	635.51
Common Equity, 3 Yr. CAGR %	-	42.51	893.46	693.43	635.68
Cash From Operations, 3 Yr. CAGR %	-	1.23K	1.43K	201.38	59.57
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-	259.78
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	1.67K	459.4	207.85
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	1.66K	452.55	203.51
Compound Annual Growth Rate Over Five Years
EBITA, 5 Yr. CAGR %	-	-	-	425.68	426.79
EBIT, 5 Yr. CAGR %	-	-	-	425.68	426.79
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	406.54	234.44
Net Income, 5 Yr. CAGR %	-	-	-	406.54	234.44
Normalized Net Income, 5 Yr. CAGR %	-	-	-	410.46	419.96
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	368.8	204.77
Total Assets, 5 Yr. CAGR %	-	-	-	218.82	282.8
Tangible Book Value, 5 Yr. CAGR %	-	-	-	253.43	416.32
Common Equity, 5 Yr. CAGR %	-	-	-	253.49	416.39
Cash From Operations, 5 Yr. CAGR %	-	-	-	349.01	463.47
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	608.72
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	602.7