Avax Apparels and Ornaments Ltd
Standalone Audited Financial Statement result for 31st March 2026
RESULTS
▼ Concern Flagged
MEDIUM RISK
📅 Filed on BSE: 25 May 2026, 02:37 PM IST · BSE ID: aac731d6-e0a3-4a70-843d-6226eb8657fe
View Original BSE Filing (PDF)
💡
In Simple Terms
The company released its annual financial results, showing a net profit of Rs. 165.77 lacs, and appointed new auditors.
🤖 AI Summary
- Avax Apparels reported standalone audited net profit of Rs. 165.77 lacs for the year ended March 31, 2026.
- Total revenue from operations (net) for FY26 stood at Rs. 200.57 lacs, compared to Rs. 345.86 lacs in FY25.
- Board approved the appointment of M/s. Prince Kumar & Associates as Internal Auditor for the company.
- Re-appointment of M/s. G Gupta and Associates as Secretarial Auditors was also approved by the Board.
- The Independent Auditors provided an unmodified opinion on the company's standalone audited financial results.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue from operations (net) for the year ended March 31, 2026
Rs. 200.57 lacs
Net Profit for the year ended March 31, 2026
Rs. 165.77 lacs
Total Assets as at March 31, 2026
Rs. 1,452.50 lacs
Equity share capital as at March 31, 2026
Rs. 103.92 lacs
🏢 How This Affects the Company
The company's net profit decreased to Rs. 165.77 lacs in FY26 from Rs. 228.03 lacs in FY25, alongside a reduction in total assets to Rs. 1,452.50 lacs from Rs. 928.82 lacs.
The appointment of a new Internal Auditor and re-appointment of Secretarial Auditors strengthen the company's internal control and compliance frameworks.
The unmodified audit opinion on the financial results indicates no significant accounting discrepancies or concerns identified by the auditors.
👥 What This Means For Shareholders
✅
Action Required
No action required from shareholders based on this filing.
👤
Who Is Affected
All shareholders are affected by the disclosed financial performance, specifically the net profit decrease from Rs. 228.03 lacs to Rs. 165.77 lacs.
🔍
Management Signal
The appointment and re-appointment of auditors signal management's intent to maintain robust internal control and compliance mechanisms.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q1 FY27 financial results — check for revenue and profit recovery trends.
Updates on new business initiatives or expansion plans from the company.
Any further board decisions impacting corporate governance or operational strategy.
MEDIUM RISK
The decrease in revenue and net profit indicates business performance challenges requiring close monitoring.
💡 Investor Takeaway
Avax Apparels and Ornaments Limited reported a net profit of Rs. 165.77 lacs for FY26, down from Rs. 228.03 lacs in FY25. Total revenue from operations (net) also decreased to Rs. 200.57 lacs from Rs. 345.86 lacs. The auditors issued an unmodified opinion.
⚖️ Strengths & Concerns
✅ Positives
- Unmodified audit opinion on standalone financial results for the year ended March 31, 2026, provides assurance on financial reporting.
- Company strengthened governance by appointing a new Internal Auditor and re-appointing Secretarial Auditors.
⚠️ Concerns
- Revenue from operations (net) decreased to Rs. 200.57 lacs in FY26 from Rs. 345.86 lacs in FY25.
- Net profit decreased to Rs. 165.77 lacs for the year ended March 31, 2026, from Rs. 228.03 lacs in the prior year.
📅 Company Track Record
Avax Apparels and Ornaments Limited was incorporated in 2005. The current filing provides the first set of comprehensive standalone audited financial results available for the periods ended March 31, 2026, and March 31, 2025.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Avax Apparels and Ornaments Ltd.'s net profit for the year ended March 31, 2026?
Avax Apparels and Ornaments Ltd. reported a net profit of Rs. 165.77 lacs for the year ended March 31, 2026.
What was the total revenue from operations for Avax Apparels for FY26?
The total revenue from operations (net) for Avax Apparels and Ornaments Ltd. for the year ended March 31, 2026, was Rs. 200.57 lacs.
Were there any auditor appointments at Avax Apparels and Ornaments Ltd.?
Yes, the Board approved the appointment of M/s. Prince Kumar & Associates as Internal Auditor and re-appointed M/s. G Gupta and Associates as Secretarial Auditors.
What was the total assets of Avax Apparels as of March 31, 2026?
The total assets of Avax Apparels and Ornaments Limited as of March 31, 2026, stood at Rs. 1,452.50 lacs.
Questions based on this BSE filing only. For information purposes.