Garment Mantra Lifestyle Ltd (539216)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Garment Mantra's revenue was ₹62.0 Cr (+66.8% year on year, +1.7% on the previous quarter), and net profit ₹2.8 Cr (+13.0% year on year); the operating margin was -0.9%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹62.0 | +66.8% | +1.7% |
| Operating profit | ₹-0.6 | to loss | loss narrowed |
| Net profit | ₹2.8 | +13.0% | from loss |
| EPS (₹) | 0.05 | +25.0% | from loss |
| Operating margin | -0.9% | — | — |
📢 Recent Corporate Announcements
Garment Mantra Lifestyle Limited has commenced operations from a dedicated office and warehouse in Tirupur, Tamil Nadu. The facility covers approximately 5,000 square feet in total to serve its Corporate Apparel and White-Label business segments. The setup includes dedicated sourcing, design, and sampling teams alongside ready inventory space. The company reported TTM revenue of Rs 287 Cr with an operating margin of -0.8%, making execution in higher-margin white-label segments critical.
- Established a separate dedicated office and warehouse spread across approximately 5,000 square feet in Tirupur.
- Operations commenced on September 22, 2026, targeting corporate apparel and white-label clients.
- Facility houses dedicated design, sampling, customer servicing, and stock-keeping teams.
- No capex figure or projected revenue additions were disclosed in the filing.
Garment Mantra Lifestyle Limited has secured an international export order worth approximately ₹10.37 crore ($1.081 million) from Zaara Overseas F.Z.E. The order entails exporting polyester printed fabrics and cotton embroidery made-up dress materials, scheduled for completion by January 20, 2027. This order represents about 3.6% of the company's TTM revenue of ₹287 crore. Additionally, the company stated it has an unexecuted order book of approximately ₹30 crore to be executed by December 31, 2026.
- Received export order worth ₹103.70 million (~₹10.37 crore / $1.081 million) from Zaara Overseas F.Z.E.
- Order execution scheduled to be completed by January 20, 2027
- Company reports an additional unexecuted order book of ~₹300 million (~₹30 crore) scheduled by December 31, 2026
- Transaction confirmed as non-related party with no promoter interest
Garment Mantra Lifestyle has secured an international export order worth approximately ₹10.37 crore ($1.08 million) from Zaara Overseas F.Z.E. for polyester printed fabrics and cotton embroidery dress materials. The order is slated for execution by January 20, 2027, and represents roughly 3.6% of its TTM revenue of ₹287 crore. Additionally, the company reported an unexecuted order book of around ₹30 crore scheduled to be completed by December 31, 2026. The transaction does not involve promoter interests or related-party arrangements.
- Received international export order valued at ~₹103.70 million (~$10,80,920)
- Contract awarded by overseas entity Zaara Overseas F.Z.E.
- Execution timeline set for completion by January 20, 2027
- Company holds an additional unexecuted order book of around ₹300 million (~₹30 crore) deliverable by December 31, 2026
Garment Mantra Lifestyle has secured an international export order worth approximately ₹10.37 crore ($1.08 million) from Zaara Overseas F.Z.E. for polyester printed fabrics and cotton embroidery dress materials. The order is slated for execution by January 20, 2027, and represents roughly 3.6% of its TTM revenue of ₹287 crore. Additionally, the company reported an unexecuted order book of around ₹30 crore scheduled to be completed by December 31, 2026. The transaction does not involve promoter interests or related-party arrangements.
- Received international export order valued at ~₹103.70 million (~$10,80,920)
- Contract awarded by overseas entity Zaara Overseas F.Z.E.
- Execution timeline set for completion by January 20, 2027
- Company holds an additional unexecuted order book of around ₹300 million (~₹30 crore) deliverable by December 31, 2026
Garment Mantra Lifestyle Ltd has approved the withdrawal of its capital contribution from Twenty Twenty Trading LLP for a total consideration of Rs 37,000. The transaction involves selling the stake to Mrs. Shikha Aggarwal, who belongs to the promoter group, classifying it as a related party transaction. Given the company's TTM revenue of Rs 262 Cr and Net Worth of Rs 81 Cr, this transaction is financially immaterial. The disposal is expected to be completed within six months from July 28, 2026.
- Disinvestment of capital contribution totaling Rs 37,000 in Twenty Twenty Trading LLP.
- Transaction involves a related party, Mrs. Shikha Aggarwal, from the promoter group.
- Expected completion timeline is within 6 months from the board meeting date of July 28, 2026.
- The target entity contributed nil or undisclosed revenue/income to the company in FY26.
- The transaction is stated to be conducted at arm's length.
Garment Mantra Lifestyle Ltd has confirmed zero deviation in the utilization of funds raised through its Rights Issue of partly paid equity shares. The total amount raised across four tranches between May 2025 and April 2026 totals approximately ₹46.14 crore. The Audit Committee reviewed and approved this statement on July 28, 2026, for the quarter ended June 30, 2026. This filing is a standard regulatory requirement to ensure transparency in the use of proceeds from equity issues.
- Total funds raised through various Rights Issue tranches amount to approximately ₹46.14 crore
- The Second and Final Call on December 31, 2025, contributed the largest portion at ₹14.62 crore
- The final reminder cum forfeiture notice on April 30, 2026, accounted for ₹8.56 crore
- Audit Committee and auditors reported zero deviations or variations in fund usage for the quarter ended June 30, 2026
Garment Mantra Lifestyle reported a weak set of standalone results for Q1 FY27, with net profit falling 48.7% YoY to Rs 1.03 crore from Rs 2.01 crore. Revenue from operations also saw a slight decline of 4.9% YoY, coming in at Rs 20.13 crore. A significant corporate action was noted with the forfeiture of 1.40 crore partly paid-up shares due to non-payment of call money. The company also appointed Mr. B. Venkateswar as the Cost Auditor for the 2026-27 financial year.
- Standalone Revenue from operations decreased 4.9% YoY to Rs 20.13 crore in Q1 FY27.
- Standalone Net Profit declined sharply by 48.7% YoY to Rs 1.03 crore.
- Forfeited 1,40,55,863 partly paid-up equity shares on June 17, 2026, due to non-payment of call monies.
- Paid-up share capital increased to Rs 57.82 crore following the receipt of final call money on two tranches of rights shares.
- Subsidiary entities (Hylex Fashions and Twenty Twenty Trading) contributed a combined net profit of Rs 1.75 crore for the quarter.
Garment Mantra Lifestyle reported a significant turnaround in Q1 FY27, posting a PAT of ₹2.79 Cr compared to a loss of ₹4.92 Cr in the preceding quarter (Q4 FY26). Revenue grew 66.77% YoY to ₹61.97 Cr, driven by strong domestic summer demand and evolving global supply chains. Most notably, the company disclosed an unexecuted order book of ₹235 Cr, which represents approximately 89.7% of its TTM revenue of ₹262 Cr. With ₹230 Cr of these orders being confirmed exports, the company has high revenue visibility for the coming quarters.
- Consolidated Revenue reached ₹61.97 Cr, a 66.77% increase over Q1 FY26.
- Net Profit stood at ₹2.79 Cr, recovering from a significant loss of ₹4.92 Cr in Q4 FY26.
- Unexecuted order book of ₹235 Cr provides strong revenue visibility against a TTM revenue of ₹262 Cr.
- Export orders constitute ₹230 Cr (97.8%) of the total unexecuted order pipeline.
- EBITDA turned positive at ₹4.40 Cr, compared to an EBITDA loss of ₹5.79 Cr in the previous quarter.
Garment Mantra Lifestyle reported a standalone net profit of Rs 1.03 Cr for Q1 FY27, a recovery from the Rs 1.70 Cr loss in the preceding quarter but a 48.7% decline from Rs 2.01 Cr in the year-ago period. Standalone revenue from operations stood at Rs 20.13 Cr, down 4.9% YoY. A significant development was the forfeiture of 1.41 Cr partly paid-up shares on June 17, 2026, due to non-payment of call money. Subsidiaries Hylex Fashions and Twenty Twenty Trading LLP contributed a combined net profit of Rs 1.76 Cr to the group.
- Standalone Revenue from Operations reached Rs 20.13 Cr, a 4.9% decrease compared to Rs 21.18 Cr in June 2025.
- Standalone Net Profit stood at Rs 1.03 Cr, down from Rs 2.01 Cr in the same quarter last year.
- Forfeiture of 1,40,55,863 partly paid-up equity shares due to non-payment of final call money.
- Subsidiary entities reported an unaudited net profit of Rs 1.76 Cr for the quarter ended June 30, 2026.
- Paid-up share capital adjusted to Rs 57.82 Cr following rights issue allotments and subsequent forfeitures.
Garment Mantra Lifestyle reported a standalone net profit of Rs 1.03 Cr for the quarter ended June 30, 2026, representing a 48.7% decline from Rs 2.01 Cr in the same period last year. Standalone revenue from operations also saw a slight contraction of 4.9% YoY to Rs 20.13 Cr. A significant development was the forfeiture of 1.40 crore partly paid-up equity shares on June 17, 2026, due to non-payment of call money by shareholders. On a consolidated basis, the company's two subsidiaries contributed an additional net profit of Rs 1.76 Cr during the quarter.
- Standalone Net Profit decreased by 48.7% YoY to Rs 1.03 Cr from Rs 2.01 Cr.
- Standalone Revenue from Operations fell 4.9% YoY to Rs 20.13 Cr compared to Rs 21.18 Cr.
- Forfeited 1,40,55,863 partly paid-up equity shares in June 2026 following the Rights Issue.
- Subsidiary entities Hylex Fashions and Twenty Twenty Trading reported a combined net profit of Rs 1.76 Cr.
- Paid-up share capital increased to Rs 57.82 Cr as of June 30, 2026, following rights issue call money receipts.
Garment Mantra Lifestyle Ltd has scheduled a board meeting for July 28, 2026, to approve unaudited financial results for the quarter ended June 30, 2026. This follows a weak March 2026 quarter where the company reported a net loss of ₹4.91 Cr on revenue of ₹60.93 Cr. Investors will be monitoring for a recovery in operating margins, which currently stand at -0.1% on a TTM basis. The stock has faced significant pressure, declining 45.3% over the past 12 months.
- Board meeting scheduled for July 28, 2026, to review standalone and consolidated results
- Results pertain to the first quarter of the fiscal year ended June 30, 2026
- Company reported a net loss of ₹4.91 Cr in the immediate preceding quarter (March 2026)
- TTM revenue stands at ₹262 Cr against a relatively small market capitalization of ₹71 Cr
- Trading window remains closed for designated persons until 48 hours post-disclosure
Garment Mantra Lifestyle Ltd has scheduled a board meeting on July 28, 2026, to approve unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. This follows a weak March 2026 quarter where the company reported a net loss of ₹4.91 crore on revenue of ₹60.93 crore. Investors will be monitoring for a recovery in operating margins, which currently stand at -0.1% on a TTM basis. The stock has faced significant pressure, declining 45.3% over the past 12 months.
- Board meeting date set for July 28, 2026, to review Q1 results.
- Results cover the three-month period ended June 30, 2026.
- Company reported a net loss of ₹4.91 crore in the preceding quarter (March 2026).
- TTM revenue currently stands at ₹262 crore with a thin net profit of ₹4 crore.
- Trading window remains closed for designated persons until 48 hours post-disclosure.
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