Announced Wed, 12 Nov · 14:27 IST

The Standalone Unaudited Financial Statement for the Half Year ended as on 30th September, 2025 with Limited Review Report thereon

Revenue Growth 20pctPat Growth 25pctNegative Operating CashflowResults View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Avax Apparels and Ornaments Ltd reported its H1 FY26 results (April–September 2025), with revenue from operations rising 34.6% year-on-year to Rs. 2,020.37 lakhs from Rs. 1,500.93 lakhs. Profit after tax grew about 32% YoY to Rs. 119.64 lakhs (from Rs. 90.62 lakhs), pushing basic EPS to Rs. 11.51 versus Rs. 11.84 in H1 FY25. However, the company saw a sharp rise in inventories (Rs. 36.58 lakhs to Rs. 240.08 lakhs) and trade receivables (Rs. 675.30 lakhs to Rs. 1,101.45 lakhs), which pushed net cash used in operating activities to negative Rs. 121.19 lakhs. Short-term borrowings also jumped to Rs. 233.74 lakhs from Rs. 66.35 lakhs, while total equity rose to Rs. 780.61 lakhs after the January 2025 IPO proceeds. NKSC & Co. issued an unqualified limited review opinion on the results.

Likely market impact

Strong top-line and profit growth is a positive signal, but the heavy working-capital absorption and rising short-term borrowings point to cash-flow strain that investors should monitor closely; near-term share price reaction may hinge on whether the inventory and receivables build-up converts into collections.