LE Lavoir Ltd (539814)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, LE Lavoir's revenue was ₹1.8 Cr, and net profit ₹0.1 Cr; the operating margin was 14.5%.
| Q1 FY27 (₹ Cr) | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹1.8 | — | +28.2% |
| Operating profit | ₹0.3 | — | +74.3% |
| Net profit | ₹0.1 | — | -79.2% |
| EPS (₹) | 0.29 | — | -79.4% |
| Operating margin | 14.5% | — | — |
📢 Recent Corporate Announcements
LE Lavoir Limited concluded its Annual General Meeting on September 29, 2026, with a total voter turnout of 16.78% (5,82,052 shares polled out of 34,68,000). While routine matters including financial statement adoption and related party transactions with M/s. Grace Marketing were approved, two special resolutions to regularize independent directors Amit Kumar Bera and Samrat Mondal were overwhelmingly defeated with 98.10% votes cast against each. Promoters holding 1,21,751 shares voted entirely against both directorship resolutions while public non-institutions cast 4,49,241 votes against them.
- Voter turnout stood at 16.78% with 5,82,052 shares polled out of 34,68,000 total shares
- Special resolutions to appoint Amit Kumar Bera and Samrat Mondal as Independent Directors were rejected by 98.10% of votes cast
- Promoters voted 100% of their 1,21,751 polled shares against both rejected independent directors
- Material related-party transactions with M/s. Grace Marketing passed with 99.9979% approval
Shareholders of LE Lavoir Ltd voted against the appointment resolutions for two Additional Non-Executive and Independent Directors, Mr. Amit Kumar Bera and Mr. Samrat Mondal, at the 45th Annual General Meeting. Consequently, both directors ceased holding office effective September 29, 2026, as per the Scrutinizer's Report by M/s. Jitendra Parmar & Associates. With the company's promoter holding at just 3.51%, public and non-promoter shareholders hold dominant voting power. This rejection leaves vacancies on the board that the company must resolve to maintain regulatory governance standards.
- Requisite appointment resolutions failed to receive shareholder approval at the 45th AGM
- Mr. Amit Kumar Bera ceased to be Non-Executive & Independent Director effective 29th September, 2026
- Mr. Samrat Mondal ceased to be Non-Executive & Independent Director effective 29th September, 2026
- Both directors held directorships in G V Films Limited prior to cessation
Shareholders of LE Lavoir Ltd voted against the appointment resolutions for two Additional Non-Executive and Independent Directors, Mr. Amit Kumar Bera and Mr. Samrat Mondal, at the 45th Annual General Meeting. Consequently, both directors ceased holding office effective September 29, 2026, as per the Scrutinizer's Report by M/s. Jitendra Parmar & Associates. With the company's promoter holding at just 3.51%, public and non-promoter shareholders hold dominant voting power. This rejection leaves vacancies on the board that the company must resolve to maintain regulatory governance standards.
- Requisite appointment resolutions failed to receive shareholder approval at the 45th AGM
- Mr. Amit Kumar Bera ceased to be Non-Executive & Independent Director effective 29th September, 2026
- Mr. Samrat Mondal ceased to be Non-Executive & Independent Director effective 29th September, 2026
- Both directors held directorships in G V Films Limited prior to cessation
LE Lavoir Limited has signed a 5-year lease agreement dated September 24, 2026, for a 2,400 sq. ft. facility in Anjanapura Layout, Bengaluru. The facility will be utilized as a laundry processing unit, office, and warehouse, with operations commencing from October 1, 2026. The expansion aims to establish and scale the company's regional operational capabilities in Bengaluru. The company generated TTM revenue of ₹5 Cr and net profit of ₹2 Cr, making regional operational capacity additions a key driver to track for growth.
- Leased approximately 2,400 sq. ft. premises at Site No. 12, 2nd Block, Anjanapura Layout, Bengaluru
- Lease agreement executed on September 24, 2026, for a 5-year tenure starting October 1, 2026
- Facility will house laundry processing, office, and warehousing infrastructure to scale Bengaluru operations
LE Lavoir Limited has issued an addendum to the notice of its upcoming Annual General Meeting scheduled for 29th September, 2026. The addendum introduces resolutions to regularize the appointments of Mr. Manish Shrichand Bachani and Mr. Parin Shirishkumar Bhavsar as Non-Executive Independent Directors for five-year terms. Crucially, the company is also seeking shareholder approval for material related-party transactions totaling up to Rs 3.00 Crore with M/s. Grace Marketing, an entity under common control of Whole-time Director Swaroop Dylon. This transaction value is significant, representing 45.18% of the company's preceding annual turnover (TTM revenue is ~Rs 5 Cr).
- Approval sought for material Related Party Transactions up to Rs. 3.00 Crore with M/s. Grace Marketing
- The proposed transaction represents 45.18% of the company's immediately preceding annual turnover
- Transaction tenure spans one year from 01-04-2026 to 31-03-2027
- Appointment of two Independent Directors, Manish Shrichand Bachani and Parin Shirishkumar Bhavsar, for a 5-year term ending 21st September, 2031
- Annual General Meeting scheduled on Tuesday, 29th September, 2026 via Video Conferencing
LE Lavoir has appointed Mr. Manish Shrichand Bachani and Mr. Parin Shirishkumar Bhavsar as Additional Non-Executive Independent Directors for a 5-year term from September 22, 2026, to September 21, 2031. Following the appointments, the company reconstituted its Audit, Nomination & Remuneration, and Stakeholders Relationship Committees. Additionally, the Board approved material related-party transactions with M/s Grace Marketing, subject to shareholder approval at the upcoming AGM. The financial size of the related-party transaction was not disclosed in the filing.
- Appointment of two Independent Directors for a 5-year tenure effective September 22, 2026, to September 21, 2031
- Audit Committee, NRC, and SRC reconstituted with Mr. Himanshu Togadiya as Chairperson
- Approval of material related-party transactions with M/s Grace Marketing subject to shareholder approval
- Board meeting conducted in 1 hour, commencing at 3:00 P.M. and concluding at 4:00 P.M. on September 22, 2026
LE Lavoir has appointed Mr. Manish Shrichand Bachani and Mr. Parin Shirishkumar Bhavsar as Additional Non-Executive Independent Directors for a 5-year term from September 22, 2026, to September 21, 2031. Following the appointments, the company reconstituted its Audit, Nomination & Remuneration, and Stakeholders Relationship Committees. Additionally, the Board approved material related-party transactions with M/s Grace Marketing, subject to shareholder approval at the upcoming AGM. The financial size of the related-party transaction was not disclosed in the filing.
- Appointment of two Independent Directors for a 5-year tenure effective September 22, 2026, to September 21, 2031
- Audit Committee, NRC, and SRC reconstituted with Mr. Himanshu Togadiya as Chairperson
- Approval of material related-party transactions with M/s Grace Marketing subject to shareholder approval
- Board meeting conducted in 1 hour, commencing at 3:00 P.M. and concluding at 4:00 P.M. on September 22, 2026
LE Lavoir has appointed Mr. Manish Shrichand Bachani and Mr. Parin Shirishkumar Bhavsar as Additional Non-Executive Independent Directors for a 5-year term from September 22, 2026, to September 21, 2031. Following the appointments, the company reconstituted its Audit, Nomination & Remuneration, and Stakeholders Relationship Committees. Additionally, the Board approved material related-party transactions with M/s Grace Marketing, subject to shareholder approval at the upcoming AGM. The financial size of the related-party transaction was not disclosed in the filing.
- Appointment of two Independent Directors for a 5-year tenure effective September 22, 2026, to September 21, 2031
- Audit Committee, NRC, and SRC reconstituted with Mr. Himanshu Togadiya as Chairperson
- Approval of material related-party transactions with M/s Grace Marketing subject to shareholder approval
- Board meeting conducted in 1 hour, commencing at 3:00 P.M. and concluding at 4:00 P.M. on September 22, 2026
LE Lavoir Limited has announced the resignation of its Managing Director, Mr. Sachin Kapse (DIN: 08443704), effective August 28, 2026. The director cited personal reasons and an inability to devote time to company affairs, confirming there are no other material reasons for stepping down. The microcap trading firm has a market capitalization of Rs 26 Cr and recorded TTM revenue of Rs 5 Cr. The company has not yet announced a successor for the Managing Director role.
- Managing Director Sachin Kapse resigned with effect from August 28, 2026
- Resignation cited personal reasons and inability to devote time to the company
- No other material reasons were stated in the formal resignation letter
- Company market capitalization stands at Rs 26 Cr with promoter holding at 3.51%
LE Lavoir Limited announced that its Managing Director, Mr. Sachin Kapse (DIN: 08443704), has resigned from his position effective August 28, 2026, citing personal reasons and inability to devote time to the company. The company confirmed there are no other material reasons behind his departure. The leadership exit occurs at a time when the micro-cap company (market cap of Rs 26 Cr) has a very low promoter holding of 3.51% and has seen its stock decline 73.9% over the past 12 months.
- Managing Director Sachin Kapse resigned effective Friday, August 28, 2026
- Cited personal reasons and inability to devote time as the sole reason for resignation
- Confirmation provided stating no other material reasons exist for the departure
- Company market cap stands at Rs 26 Cr with low promoter holding of 3.51%
LE Lavoir Ltd reported its standalone financial results for Q1 FY27 (quarter ended June 30, 2026). Revenue from operations grew 137.4% YoY to ₹91.58 Lakhs compared to ₹38.57 Lakhs in Q1 FY26, driven by expansion into agricultural products. However, standalone net profit plunged 80.2% YoY to ₹5.03 Lakhs from ₹25.35 Lakhs, primarily due to higher material costs (₹44.63 Lakhs vs ₹5.80 Lakhs) and a steep drop in other income to ₹2.90 Lakhs from ₹31.45 Lakhs. Basic EPS for the quarter dropped to ₹0.14 compared to ₹0.78 in Q1 FY26 and ₹1.29 in Q4 FY26.
- Revenue from operations grew 137.4% YoY to ₹91.58 Lakhs (vs ₹38.57 Lakhs in Q1 FY26)
- Net profit after tax declined 80.2% YoY to ₹5.03 Lakhs (vs ₹25.35 Lakhs in Q1 FY26 and ₹41.83 Lakhs in Q4 FY26)
- Cost of materials consumed rose sharply to ₹44.63 Lakhs compared to ₹5.80 Lakhs in Q1 FY26
- Other income fell significantly to ₹2.90 Lakhs from ₹31.45 Lakhs in the year-ago period
- Segment mix: Agricultural Products contributed ₹47.78 Lakhs while Dry Cleaning & Laundry Services contributed ₹43.80 Lakhs to revenue
LE Lavoir reported a standalone revenue from operations of Rs 91.58 Lakhs for Q1 FY27, up 137.4% YoY compared to Rs 38.57 Lakhs in Q1 FY26. Despite top-line growth, net profit plunged 80.2% YoY to Rs 5.03 Lakhs from Rs 25.35 Lakhs due to a sharp escalation in operating expenses. Sequentially, net profit dropped 88.0% QoQ from Rs 41.83 Lakhs in Q4 FY26. The company also announced its 45th Annual General Meeting to be held on September 29, 2026.
- Standalone revenue from operations increased 137.4% YoY to Rs 91.58 Lakhs vs Rs 38.57 Lakhs in Q1 FY26.
- Net profit fell 80.2% YoY to Rs 5.03 Lakhs vs Rs 25.35 Lakhs in Q1 FY26 (and down 88% QoQ from Rs 41.83 Lakhs).
- Total expenses jumped 138.8% YoY to Rs 87.27 Lakhs from Rs 36.54 Lakhs in Q1 FY26.
- Agricultural products contributed Rs 47.78 Lakhs while Dry Cleaning & Laundry Services generated Rs 43.80 Lakhs to segment revenue.
LE Lavoir reported its Q1 FY27 standalone results with revenue from operations growing 137.4% YoY to ₹91.58 Lakhs compared to ₹38.57 Lakhs in Q1 FY26. Despite top-line growth, standalone net profit contracted by 80.2% YoY to ₹5.03 Lakhs from ₹25.35 Lakhs due to surging purchase and operating expenses. The newly expanded agricultural products segment contributed ₹47.78 Lakhs, surpassing the dry cleaning and laundry segment's ₹43.80 Lakhs. Additionally, the company scheduled its 45th AGM for September 29, 2026.
- Standalone revenue from operations grew 137.4% YoY to ₹91.58 Lakhs in Q1 FY27 vs ₹38.57 Lakhs in Q1 FY26
- Standalone net profit fell 80.2% YoY to ₹5.03 Lakhs compared to ₹25.35 Lakhs in the prior-year period
- Agricultural Products segment contributed ₹47.78 Lakhs to revenue, while Dry Cleaning & Laundry generated ₹43.80 Lakhs
- Total standalone expenses rose sharply to ₹87.27 Lakhs from ₹36.54 Lakhs in Q1 FY26
- 45th Annual General Meeting fixed for Tuesday, September 29, 2026
LE Lavoir Ltd has scheduled a board meeting for August 14, 2026, to approve its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company is a micro-cap entity with a market capitalization of just Rs 13 Cr and a TTM revenue of Rs 2 Cr. Investors should be aware of the extremely low promoter holding, which stood at 3.51% as of March 2026. The stock has faced significant pressure, declining 86.3% over the last 12 months.
- Board meeting scheduled for August 14, 2026, to review Q1 FY27 results.
- Company reported a TTM revenue of Rs 2 Cr and TTM PAT of Rs 2 Cr.
- Promoter holding is critically low at 3.51% as of the March 2026 quarter.
- Stock price has declined by 80.5% in the last 3 months and 86.3% in the last year.
- The meeting will be held via video conferencing at 6:00 P.M.
LE Lavoir Ltd has appointed Ms. Hardika Ladha as an Additional Non-Executive and Independent Director effective August 7, 2026. Ms. Ladha is an Associate Company Secretary with experience in corporate governance and legal compliance. The appointment was approved in a brief board meeting lasting 10 minutes. This change occurs against a backdrop of a very low promoter holding of 3.51% and a significant 87.6% decline in share price over the past year.
- Appointment of Ms. Hardika Ladha as Additional Non-Executive and Independent Director effective August 7, 2026
- Board meeting conducted via video conferencing lasted 10 minutes (3:30 P.M. to 3:40 P.M.)
- Company market capitalization stands at a micro-cap level of Rs 12 Cr
- Promoter holding remains exceptionally low at 3.51% as of March 2026
- Ms. Ladha is an Associate Company Secretary with no reported relationships to other directors
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