Avax Apparels FY26 Net Profit Rises 82% to ₹296.73 Lakh

1 min read     Updated on 25 May 2026, 03:05 PM
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Avax Apparels and Ornaments Limited reported an 81.9% increase in net profit to ₹296.73 lakh for FY26, with revenue growing to ₹4,153.15 lakh. The Board approved the audited results and appointed auditors for FY26-27.

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Avax Apparels and Ornaments Limited announced its standalone audited financial results for the year ended March 31, 2026, reporting a significant rise in profitability. The company’s net profit for the fiscal year stood at ₹296.73 lakh, an increase of 81.9% compared to ₹163.18 lakh in the previous year.

Revenue from operations for FY26 grew to ₹4,153.15 lakh, up from ₹3,435.86 lakh in the corresponding period last year. Total income for the year was recorded at ₹4,153.15 lakh. The company’s total assets increased to ₹1,452.50 lakh as of March 31, 2026, compared to ₹928.82 lakh in the prior year.

Financial Performance

The profit before tax for the year improved to ₹411.15 lakh from ₹228.03 lakh in FY25. Total expenses for the year amounted to ₹3,742.00 lakh, higher than the ₹3,217.61 lakh reported in the previous year. Earnings per share (EPS) on a basic and diluted basis after the splitting of shares were reported at ₹14.28 for FY26, compared to ₹9.89 in the previous year.

Particulars Year Ended March 31, 2026 (₹ in lacs) Year Ended March 31, 2025 (₹ in lacs)
Revenue from Operations 4,153.15 3,435.86
Total Income 4,153.15 3,445.64
Total Expenses 3,742.00 3,217.61
Profit Before Tax 411.15 228.03
Net Profit 296.73 163.18

Board Decisions

The Board of Directors, in its meeting held on May 25, 2026, approved the standalone audited financial results for the half-year and year ended March 31, 2026. Additionally, the Board appointed M/s. Prince Kumar & Associates as the Internal Auditor for the financial year 2026-27. M/s. G Gupta and Associates were re-appointed as Secretarial Auditors for the same period.

The statutory auditors, M/s. NKSC & Co., issued an unmodified opinion on the standalone audited financial results for the half-year and year ended March 31, 2026. The company confirmed that the financial results were prepared in compliance with the Indian Accounting Standards (Ind AS) and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Avax Apparels and Ornaments

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-7.41%+10.82%+72.41%+200.66%+186.37%

Will Avax Apparels and Ornaments Limited sustain its 81.9% profit growth trajectory in FY27, and what key revenue drivers could support continued expansion?

Given the significant 56.4% increase in total assets, is the company planning major capital expenditures or acquisitions to further scale its operations in the apparel and ornaments sector?

How might rising input costs or supply chain disruptions in the textile and ornaments industry impact the company's expense management and profit margins in the coming fiscal year?

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