- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-03-0019458
About Avax Limited
Data last updated:
Avax Limited is a public limited company based in Delhi, India, a subsidiary of Raghunath Holdings And Finlease Private Limited. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 02 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L14101DL2005PLC137127. Its GSTIN is 03AABCE4977E1ZT (Punjab). Its shares are listed on BSE: 544337.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.16 Cr. It was formerly known as Avax Soft Technologies Private Limited and Ethnic Designers Private Limited. It is led by directors including Harinderpal Singh Sodhi (Managing Director) and Deepak Kumar (Managing Director).
Its last annual general meeting (AGM) was held on 18 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 611 6th Floor Jaina Tower II Distt Centre Janak Puri, Delhi, India – 110058.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹41.53 Cr, a growth of 20.9% compared to the previous year. For the same year it recorded a net profit of ₹2.95 Cr (net margin 7.1%) and EBITDA of ₹4.76 Cr (EBITDA margin 11.5%). The net worth stands at ₹9.58 Cr (up 44.9% YoY). Total assets are valued at ₹13.68 Cr (up 88.2% YoY).
The company is associated with 1 brand: Avaxapparels. As per MCA filings, the company has open charges of ₹5 Cr on record. The company has 33 deals on record (27 market trades, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹4.1 Lakh; the latest was in July 2026. Its 10 peer companies in the Consumer Products industry (Textile Retail and Distribution, Watches and Jewellery) are compared by revenue, 5 larger and 5 smaller; the largest is Fonte Fashions India Private Limited with revenue of ₹34.6 Cr.
Avax Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-03-0019458). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avaxapparels.com.
Name History of Avax Limited
Avax has undergone 2 name changes throughout its history. The company was previously known as Avax Soft Technologies Private Limited, and Ethnic Designers Private Limited. The current legal name is Avax Limited.
| Company Name | Status |
|---|---|
| Avax Limited | Current |
| Avax Soft Technologies Private Limited | Previous |
| Ethnic Designers Private Limited | Previous |
CIN History of Avax Limited
Avax has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L14101DL2005PLC137127, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L14101DL2005PLC137127 | Current |
| U51100DL2005PLC137127 | Previous |
| U51100DL2005PTC137127 | Previous |
| U14101DL2005PLC137127 | Previous |
| U51311DL2005PTC137127 | Previous |
Recognitions & Rankings of Avax
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address611 6th Floor Jaina Tower II Distt Centre Janak Puri, Delhi, India – 110058
- IndustryHome & Lifestyle, Textile Retail & Distribution
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Associated Brands with Avax Limited
Avax operates one associated brand: Avaxapparels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Knitted cloth is wholesaled and silver ornaments are retailed online. | avaxapparels.com |
Business Activity of Avax Limited
The main business activities of Avax are wholesale and retail trade; repair of motor vehicles and motorcycles and manufacturing. In detail, this covers wholesale trade, except of motor vehicles and motorcycles, retail trade, except of motor vehicles and motorcycles and manufacture of wearing apparel. 3 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | Locked |
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles | Locked |
| C | Manufacturing | 14 | Manufacture of wearing apparel | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Avax Limited FY 2025-26 filings available
Avax Limited reported revenue of ₹41.53 Cr (up 20.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 41.53 | 34.36 | 22.06 | 14.70 | 0.29 | 0.00 | 0.00 |
| Revenue growth | +20.9% | +55.8% | +50.1% | +4969.0% | - | - | - |
| EBITDA | 4.76 | 2.66 | 2.10 | 0.98 | 0.02 | 0.00 | 0.00 |
| EBITDA margin | +11.5% | +7.7% | +9.5% | +6.7% | +6.9% | - | - |
| Profit before tax | 4.09 | 2.28 | 1.94 | 0.93 | 0.02 | 0.01 | 0.00 |
| Net profit | 2.95 | 1.63 | 1.38 | 0.68 | 0.02 | 0.01 | 0.00 |
| Net profit margin | +7.1% | +4.7% | +6.3% | +4.6% | +6.9% | - | - |
| EPS (₹) | 14.28 | 15.70 | 18.06 | 9.07 | 0.94 | 0.42 | (0.36) |
| Balance sheet | |||||||
| Total assets | 13.68 | 7.27 | 3.86 | 1.76 | 0.32 | 0.01 | 0.00 |
| Net worth | 9.58 | 6.61 | 3.15 | 1.77 | 0.02 | 0.01 | 0.00 |
| Total debt | 4.11 | 0.66 | 0.72 | 0.00 | 0.30 | 0.00 | 0.00 |
| Cash & bank | 0.57 | 0.17 | 0.26 | 0.34 | 0.14 | 0.01 | 0.00 |
| Net working capital | 11.89 | 5.41 | 2.90 | 1.48 | 0.19 | 0.01 | (0.01) |
| Cash flow | |||||||
| Cash from operations | (2.50) | (0.52) | 0.10 | (0.36) | (0.14) | 0.00 | 0.00 |
| Cash from investing | (0.29) | (1.20) | (0.87) | (0.18) | (0.03) | 0.00 | 0.00 |
| Cash from financing | 3.19 | 1.63 | 0.69 | 0.73 | 0.30 | 0.00 | 0.00 |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 41.53 | 34.36 | 22.06 | 14.70 | 0.29 | 0.00 | 0.00 |
| Revenue growth | +20.9% | +55.8% | +50.1% | +4969.0% | - | - | - |
| Other income | 0.00 | 0.10 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 |
| Total expenses | 36.77 | 31.70 | 19.96 | 13.72 | 0.27 | 0.00 | 0.00 |
| Employee cost | 0.34 | 0.43 | 0.22 | 0.06 | 0.00 | 0.00 | 0.00 |
| EBITDA | 4.76 | 2.66 | 2.10 | 0.98 | 0.02 | 0.00 | 0.00 |
| EBITDA margin | +11.5% | +7.7% | +9.5% | +6.7% | +6.9% | - | - |
| Depreciation | 0.39 | 0.32 | 0.09 | 0.03 | 0.00 | 0.00 | 0.00 |
| Interest | 0.28 | 0.16 | 0.07 | 0.02 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 4.09 | 2.28 | 1.94 | 0.93 | 0.02 | 0.01 | 0.00 |
| Tax | 1.14 | 0.65 | 0.56 | 0.25 | 0.00 | 0.00 | 0.00 |
| Net profit | 2.95 | 1.63 | 1.38 | 0.68 | 0.02 | 0.01 | 0.00 |
| Net profit margin | +7.1% | +4.7% | +6.3% | +4.6% | +6.9% | - | - |
| EPS (₹) | 14.28 | 15.70 | 18.06 | 9.07 | 0.94 | 0.42 | (0.36) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 1.04 | 1.04 | 0.77 | 0.77 | 0.01 | 0.01 | 0.01 |
| Reserves & surplus | 8.54 | 5.57 | 2.38 | 1.00 | 0.01 | 0.00 | (0.01) |
| Shareholders' funds (net worth) | 9.58 | 6.61 | 3.15 | 1.77 | 0.02 | 0.01 | 0.00 |
| Secured loans | 4.11 | 0.66 | 0.72 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.30 | 0.00 | 0.00 |
| Total debt | 4.11 | 0.66 | 0.72 | 0.00 | 0.30 | 0.00 | 0.00 |
| Total liabilities | 13.68 | 7.27 | 3.86 | 1.76 | 0.32 | 0.01 | 0.00 |
| Assets | |||||||
| Gross block | 2.57 | 2.27 | 1.07 | 0.21 | 0.03 | 0.00 | 0.00 |
| Net block | 1.74 | 1.83 | 0.95 | 0.18 | 0.03 | 0.00 | 0.00 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Inventories | 2.98 | 0.37 | 0.45 | 0.62 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 5.35 | 6.75 | 3.06 | 2.11 | 0.26 | 0.00 | 0.00 |
| Cash & bank balances | 0.57 | 0.17 | 0.26 | 0.34 | 0.14 | 0.01 | 0.00 |
| Loans & advances | 3.83 | 0.14 | 0.12 | 0.11 | 0.05 | 0.00 | 0.00 |
| Total current assets | 12.73 | 7.43 | 3.89 | 3.18 | 0.45 | 0.01 | 0.00 |
| Total current liabilities | 0.84 | 2.02 | 0.99 | 1.70 | 0.26 | 0.00 | 0.01 |
| Net working capital | 11.89 | 5.41 | 2.90 | 1.48 | 0.19 | 0.01 | (0.01) |
| Total assets | 13.68 | 7.27 | 3.86 | 1.76 | 0.32 | 0.01 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.17 | 0.26 | 0.34 | 0.14 | 0.01 | 0.00 | 0.00 |
| Net cash from operating activities | (2.50) | (0.52) | 0.10 | (0.36) | (0.14) | 0.00 | 0.00 |
| Net cash from investing activities | (0.29) | (1.20) | (0.87) | (0.18) | (0.03) | 0.00 | 0.00 |
| Net cash from financing activities | 3.19 | 1.63 | 0.69 | 0.73 | 0.30 | 0.00 | 0.00 |
| Net change in cash | 0.40 | (0.09) | (0.08) | 0.20 | 0.13 | 0.00 | 0.00 |
| Closing cash | 0.57 | 0.17 | 0.26 | 0.34 | 0.14 | 0.01 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +20.9% | +55.8% | +50.1% | +4969.0% | - | - | - |
| EBITDA growth | +79.0% | +26.7% | +114.3% | +4800.0% | - | - | - |
| PBT growth | +79.4% | +17.5% | +108.6% | +4550.0% | +100.0% | +9997.0% | +9997.0% |
| Net income growth | +81.0% | +18.1% | +102.9% | +3300.0% | +100.0% | - | - |
| Revenue CAGR (3Y) | +41.4% | +391.2% | - | - | - | - | - |
| EBITDA CAGR (3Y) | +69.4% | +410.5% | - | - | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +7.1% | +4.7% | +6.3% | +4.6% | +6.9% | - | - |
| Return on capital employed | +41.9% | +43.8% | +71.3% | +90.6% | +5.6% | 0.0% | 0.0% |
| Return on net worth | +36.7% | +33.4% | +56.1% | +75.8% | +33.3% | 0.0% | 0.0% |
| Debt / equity | 0.29 | 0.14 | 0.15 | 0.17 | 10.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 6.41 | 6.84 | 3.48 | 2.11 | 0.00 | - | - |
| Efficiency & per share | |||||||
| Fixed asset turnover | 17.16 | 20.57 | 34.47 | 122.50 | 19.33 | 0.00 | 0.00 |
| Inventory turnover | 24.79 | 83.80 | 41.23 | 47.42 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 6.86 | 7.01 | 8.53 | 12.41 | 2.23 | 0.00 | 0.00 |
| EPS (₹) | 14.28 | 15.70 | 18.06 | 9.07 | 0.94 | 0.42 | (0.36) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 46.08 | 63.60 | 41.13 | 23.06 | 1.53 | 0.58 | 0.17 |
Board of Directors of Avax Limited
Avax has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harinderpal Singh Sodhi Also directs: Avax Industries Private Limited | Managing Director | 07 Nov 2022 | 3 Years 11 Months | Current |
| Deepika Garg | Whole-Time Director | 20 Sep 2022 | 4 Years 1 Months | Current |
| Pradeep Srivastava | Director | 23 Dec 2022 | 3 Years 9 Months | Current |
| Shruti Shri Agnihotri | Director | 15 Oct 2025 | 1 Years 0 Months | Current |
| Deepak Kumar Also directs: Avax Industries Private Limited | Managing Director | 15 Oct 2025 | 1 Years 0 Months | Current |
| Rajat Goel | Director | 01 Aug 2025 | 1 Years 2 Months | Current |
Peer Comparison of Avax Limited
Avax Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution, Watches and Jewellery). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avax Limited this company | ₹41.53 Cr (FY 2026) | •••• | •••• | 20.9% | •••• | Delhi, India |
| Fonte Fashions India Private Limited | ₹34.6 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Bangalore, Karnataka, India |
| Ashoka Dresses Private Limited | ₹34.59 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Surat, Gujarat, India |
| JMP Textiles Private Limited | ₹34.56 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | Delhi, India |
| Warwick Fabrics India Private Limited | ₹34.54 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Geneve Clothing Private Limited | ₹34.48 Cr (FY 2025) | •••• | •••• | 237.0% | •••• | Bangalore, Karnataka, India |
| Balarka Fabrics Private Limited | ₹34.46 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Surat, Gujarat, India |
| Vemb Lifestyle Private Limited | ₹34.41 Cr (FY 2019) | •••• | •••• | -45.0% | •••• | Mumbai, Maharashtra, India |
| Bhavana Textiles Private Limited | ₹34.39 Cr (FY 2025) | •••• | •••• | -60.0% | •••• | New Delhi, Delhi, India |
| Cosmos Nonwoven Private Limited | ₹34.28 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Gim Recypa Private Limited | ₹34.26 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Avax by revenue in the Consumer Products industry (Textile Retail and Distribution, Watches and Jewellery), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Avax Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Oct 2023 | Yes Bank Limited | ₹5 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of Avax Limited
Avax Limited has 33 deals on record (27 market trades, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹4.1 Lakh; the latest was in July 2026.
Deals on record (5 of 33)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2026 | Market trade | ₹25 Lakh | Buyer: Surya Kiran Investment and Capital Services Private Limited Seller: Ski Consultancy Services Limited |
| Feb 2026 | Market trade | ₹49.8 Lakh | Buyer: Ski Consultancy Services Limited , an individual Seller: an individual |
| Sep 2025 | Market trade | ₹11.8 Lakh | Buyer: Ski Capital Services Limited , an individual Seller: Ski Capital Services Limited , an individual |
| Jul 2025 | Market trade | ₹8 Lakh | Buyer: Ski Capital Services Limited |
| Jun 2025 | Market trade | ₹7.5 Lakh | Buyer: Ski Capital Services Limited |
Full deal history
All 33 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Avax Limited
Employment history and EPFO contributions of people linked to Avax.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Avax Limited
Avax Limited has 16 board changes on record since 2022: 7 appointments and 9 cessations. The latest: Shruti Shri Agnihotri ceased to be Additional Director on 11 Jan 2026.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Avax Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Avax Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Avax Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Avax Limited
Avax has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCE4977E1ZT | Punjab | Active | 30 Dec 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Avax Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Avax Limited
Frequently Asked Questions about Avax Limited
Avax is an active public limited company based in Delhi, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 02 June 2005 (21+ years old) and is registered under CIN L14101DL2005PLC137127. Listed on BSE: 544337.
Avax reported revenue of ₹41.53 Cr for FY 2025-26 (up 20.9% YoY) based on standalone financials.
Avax has 6 current directors:
- Harinderpal Singh Sodhi - Managing Director
- Deepak Kumar - Managing Director
- Deepika Garg - Whole-Time Director
- Pradeep Srivastava - Director
- Shruti Shri Agnihotri - Director
- Rajat Goel - Director
The GSTIN of Avax is 03AABCE4977E1ZT, registered in Punjab.
The CIN (Corporate Identification Number) of Avax is L14101DL2005PLC137127. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Avax is listed on BSE with code 544337.
Avax was incorporated on 02 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
Avax has 33 deals on record (27 market trades, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹4.1 Lakh; the latest was in July 2026.
The peers of Avax by revenue are Fonte Fashions India Private Limited, Ashoka Dresses Private Limited, JMP Textiles Private Limited, Warwick Fabrics India Private Limited, Geneve Clothing Private Limited and 5 more, all in the Consumer Products industry (Textile Retail and Distribution, Watches and Jewellery).
Shruti Shri Agnihotri ceased to be Additional Director on 11 Jan 2026. Deepak Kumar was appointed as Managing Director on 15 Oct 2025. Deepak Kumar ceased to be Additional Director on 15 Oct 2025. Avax has 16 board changes on record in total.
Yes, Avax is registered as a small enterprise under Udyam registration (number: UDYAM-DL-03-0019458).
