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Lovable Lingerie Limited (LOVABLE)

₹70.60 +0.54% last close, 16 Oct

📊 NSE: LOVABLE 🏢 Textiles - Products 📢 Latest filing: 09 Oct 2026 📝 Analysis written: 14 Dec 2025

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Lovable Lingerie's revenue was ₹12.8 Cr (-22.2% year on year, +103.6% on the previous quarter), and net profit ₹3.5 Cr (-1.7% year on year); the operating margin was 12.0%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹12.8	-22.2%	+103.6%
Operating profit	₹1.5	—	from loss
Net profit	₹3.5	-1.7%	+19.1%
EPS (₹)	2.36	-1.7%	+19.2%
Operating margin	12.0%	—	—

Full quarterly financials → Results calendar →

LOVABLE delivery percentage

NSE end-of-day data for Fri, 16 Oct 2026

On Fri, 16 Oct 2026, 44.18% of the LOVABLE shares traded on NSE were taken to delivery, against the stock's own 20-session average of 64.38%. That is lower than usual for this stock. Turnover was only ₹8 lakh, so a handful of trades can move this figure.

44.18%Delivery, 16 Oct

64.38%Own 20-session average

1.1×Volume vs its average

₹70.60NSE close · +0.54%

Delivery in the last 5 sessions: 65.3% · 57.7% · 78.9% · 50.5% · 44.2%

Delivery across the market →

A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed

📢 Recent Corporate Announcements

Lovable Lingerie Submits Reg 74(5) Demat Compliance Certificate for Q2 FY27

🟡 NEUTRAL ⭐ 1/10

ROUTINE 📅 09 Oct 2026, 04:55 PM

Lovable Lingerie Limited submitted its compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate was issued by MUFG Intime India Pvt. Ltd. (formerly Link Intime India Pvt. Ltd.), the company's Registrar and Share Transfer Agent. The RTA noted that no requests for dematerialisation were received from shareholders during the quarter ended September 30, 2026. This is a regular administrative compliance filing with no impact on business operations or financials.

Compliance certificate submitted for the second quarter and half year ended September 30, 2026
Issued under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
RTA confirmed zero requests were received from shareholders for dematerialisation during the quarter ended September 30, 2026

💡 No investor action required as this is a recurring regulatory filing; focus on upcoming Q2 FY27 financial results.

Lovable Lingerie Issues Intimation Letters for Annual Report to Unregistered Email Holders

🟡 NEUTRAL ⭐ 1/10

ROUTINE 📅 09 Sep 2026, 06:13 PM

Lovable Lingerie Limited has made a regulatory disclosure under Regulation 30 and Regulation 36(1)(b) of SEBI LODR Regulations, 2015. The company informed the exchanges that it has dispatched letters to shareholders whose email addresses are not registered with the company or depository participants. These letters contain the web link to access the Integrated Annual Report on the company's website. This is a purely procedural compliance update with zero financial impact.

Filing submitted under Regulation 36(1)(b) of SEBI LODR Regulations on September 09, 2026
Letters dispatched to shareholders without registered email addresses to access the Integrated Annual Report
Digital signature recorded at 14:19:15 +05'30' on September 09, 2026
Market cap context stands at Rs 104 Cr with TTM revenue of Rs 39 Cr

💡 Track the upcoming Annual General Meeting and the detailed disclosures within the Integrated Annual Report, particularly regarding sales volume recovery and inventory cycle management.

Lovable Lingerie Convenes 39th AGM on September 28, 2026; Issues FY26 Annual Report

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 04 Sep 2026, 08:46 PM

Lovable Lingerie Limited has issued the notice convening its 39th Annual General Meeting (AGM) on September 28, 2026, along with its Integrated Annual Report for FY 2025-26. Key business items include the adoption of the audited financial statements for FY26 and the re-appointment of Mrs. Taruna Reddy retiring by rotation. Shareholders will also vote on confirming the appointment of Mr. Kshatray Krishn Vinay Reddy as a Non-Executive Non-Independent Director, following his initial appointment as an Additional Director on August 13, 2026. The meeting is scheduled to be held through video conferencing.

39th Annual General Meeting scheduled for Monday, September 28, 2026 at 3:30 PM IST via VC/OAVM
Release and dispatch of Integrated Annual Report and audited accounts for FY 2025-26 to shareholders
Resolution proposed for the appointment of Mr. Kshatray Krishn Vinay Reddy as Non-Executive Non-Independent Director (effective August 13, 2026)
Re-appointment of Mrs. Taruna Reddy as a Director retiring by rotation placed for approval

💡 Shareholders may review the full FY26 Annual Report disclosures and cast their votes via remote e-voting prior to the AGM on September 28, 2026.

Lovable Lingerie Sets Cut-off Date as Sept 21, 2026 for 39th AGM and Remote E-Voting

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 04 Sep 2026, 07:48 PM

Lovable Lingerie Limited has announced the schedule for its 39th Annual General Meeting (AGM) to be conducted via video conferencing. The cut-off date to determine shareholder voting eligibility is set for Monday, September 21, 2026. The remote e-voting window will run from September 25, 2026 (9:00 AM IST) to September 27, 2026 (5:00 PM IST). Share transfer books and the register of members will remain closed from September 22 to September 28, 2026.

Cut-off/record date for e-voting eligibility set for September 21, 2026
Remote e-voting window active from September 25, 2026 (9:00 a.m. IST) to September 27, 2026 (5:00 p.m. IST)
Book closure scheduled from September 22, 2026 to September 28, 2026 (both days inclusive)
Filing pertains to the company's 39th Annual General Meeting

💡 Shareholders holding shares on the cut-off date (September 21, 2026) can participate in e-voting and review the AGM notice/resolutions once published.

Lovable Lingerie Schedules 39th AGM on Sept 28, 2026; Sets Sept 21 Cut-Off Date

🟡 NEUTRAL ⭐ 2/10

BOARD_MEETING 📅 31 Aug 2026, 04:58 PM

Lovable Lingerie Limited has announced that its 39th Annual General Meeting (AGM) will be held on Monday, September 28, 2026, at 3:30 PM IST via Video Conferencing. The Board approved the Annual Report and Board's Report for FY26. The cut-off date to determine e-voting eligibility has been set for September 21, 2026, with the remote e-voting window running from September 25 to September 27, 2026. Mrs. Poonam Somani has been appointed as the scrutinizer for the e-voting process.

39th AGM scheduled for September 28, 2026 at 03:30 PM IST via VC/OAVM
Cut-off date for e-voting eligibility fixed as September 21, 2026
Remote e-voting window open from September 25, 2026 (09:00 AM) to September 27, 2026 (05:00 PM)
Appointed Mrs. Poonam Somani (C.P. No. 8642) as the Scrutinizer for the voting process

💡 Shareholders seeking to participate or vote should ensure shareholding is settled by the cut-off date of September 21, 2026.

Lovable Lingerie Appoints Mr. Kshatray Reddy as Non-Executive Director

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 13 Aug 2026, 07:01 PM

Lovable Lingerie Limited has appointed Mr. Kshatray Krishn Vinay Reddy as an Additional Non-Executive Non-Independent Director, effective August 13, 2026. Mr. Reddy is the son of the current Managing Director, Mr. L. Vinay Reddy, and brings experience as a Finance Manager at Microtex Clothing Pvt Limited since 2024. This appointment comes at a time when the company is struggling with a negative operating margin of -6.1% and a significant revenue decline from Rs 63.76 Cr in FY24 to Rs 42.17 Cr in FY26.

Appointment of Mr. Kshatray Krishn Vinay Reddy effective from August 13, 2026
Appointee has served as Finance Manager at Microtex Clothing Pvt Limited since 2024
Direct relationship disclosed: Appointee is the son of Managing Director Mr. L. Vinay Reddy
Board meeting for the appointment concluded within 75 minutes (04:30 PM to 05:45 PM)

💡 Investors should monitor if this addition to the board leads to improved financial oversight, given the company's high inventory holding period of 4-6 months and low ROCE of 0.6%.

Q1 Revenue drops 22% YoY to ₹12.79 Cr; PAT stable at ₹3.49 Cr

🟡 NEUTRAL ⭐ 6/10

EARNINGS 📅 13 Aug 2026, 06:54 PM

Lovable Lingerie reported a 22.2% YoY decline in revenue from operations to ₹12.79 Cr for Q1 FY27. Despite the top-line contraction, Profit After Tax (PAT) remained relatively stable at ₹3.49 Cr (vs ₹3.55 Cr YoY), significantly bolstered by 'Other Income' of ₹2.69 Cr. The company showed sequential improvement in operating performance, turning an operating profit of ₹1.24 Cr compared to an operating loss of ₹1.46 Cr in the preceding March 2026 quarter. The board also appointed Mr. Kshatray Krishn Vinay Reddy as an Additional Non-Executive Director.

Revenue from operations fell 22.2% YoY to ₹12.79 Cr from ₹16.44 Cr in Q1 FY26
Other Income of ₹2.69 Cr accounted for 17.4% of the total income for the quarter
Total expenses were reduced by 31.3% YoY to ₹11.55 Cr, helping maintain margins
Profit After Tax (PAT) stood at ₹3.49 Cr with an EPS of ₹2.36
Operating profit (excluding other income) stood at ₹1.24 Cr for the quarter

💡 Investors should monitor the company's ability to reverse the revenue decline in a competitive market and observe if the improved operating margins can be sustained without heavy reliance on non-operating income.

₹12.79 Cr Revenue in Q1 FY27: Lovable Lingerie Reports 22% YoY Revenue Decline

🟡 NEUTRAL ⭐ 6/10

EARNINGS 📅 13 Aug 2026, 06:50 PM

Lovable Lingerie reported a 22.2% YoY decline in revenue from operations to ₹12.79 Cr for the quarter ended June 30, 2026. Despite the top-line contraction, Profit After Tax (PAT) remained relatively stable at ₹3.49 Cr compared to ₹3.55 Cr in Q1 FY26, largely supported by 'Other Income' of ₹2.69 Cr. Sequentially, revenue showed a strong recovery, rising 103.6% from ₹6.28 Cr in Q4 FY26. The company also appointed Mr. Kshatray Krishn Vinay Reddy as an Additional Non-Executive Director.

Revenue from operations decreased 22.2% YoY to ₹12.79 Cr from ₹16.44 Cr.
Profit After Tax (PAT) stood at ₹3.49 Cr, a marginal 1.7% decline from ₹3.55 Cr in the year-ago period.
Other Income contributed ₹2.69 Cr, accounting for 17.4% of the total income for the quarter.
Total expenses were reduced by 31.3% YoY to ₹11.55 Cr, primarily through lower material costs and selling expenses.
Earnings Per Share (EPS) for the quarter was ₹2.36, compared to ₹2.40 in Q1 FY26.

💡 Investors should monitor the sustainability of the sequential revenue recovery and whether the company can reverse the long-term trend of declining annual revenues (from ₹63.76 Cr in FY24 to ₹42.17 Cr in FY26).

Lovable Lingerie Reports Zero Dematerialization Requests for Quarter Ended June 30, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 07 Jul 2026, 04:59 PM

Lovable Lingerie Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The company's Registrar and Share Transfer Agent (RTA), MUFG Intime India Private Limited, confirmed that no requests for dematerialization were received from shareholders during the quarter ended June 30, 2026. This is a standard procedural filing required to maintain the integrity of the company's share register and depository records. There is no impact on the company's financial position or operations.

Zero (0) requests were received from shareholders for dematerialization during the quarter ended June 30, 2026
Compliance certificate issued by MUFG Intime India Private Limited (formerly Link Intime India)
The filing covers the first quarter (Q1) of the 2026-27 financial cycle
Confirms that the name of depositories remains substituted in the register of members for existing demat holdings

💡 This is a routine administrative filing. Investors should instead monitor the company's upcoming quarterly financial results to track recovery in operating margins, which were -6.1% on a TTM basis.

Lovable Lingerie to Close Trading Window from July 1, 2026, for Q1 Results

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 25 Jun 2026, 04:58 PM

Lovable Lingerie Limited has announced the closure of its trading window for all designated persons and insiders starting July 1, 2026. This move is a standard regulatory requirement under SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the declaration of financial results. The closure pertains to the unaudited financial results for the first quarter ending June 30, 2026. The window will remain closed until 48 hours after the results are made public.

Trading window closure effective from July 1, 2026
Closure is in relation to Q1 FY2026-27 financial results ending June 30, 2026
Window to reopen 48 hours after the official declaration of results
Restriction applies to all insiders, designated persons, and their immediate relatives

💡 This is a routine regulatory announcement and requires no immediate action from retail investors. Monitor the upcoming announcement of the board meeting date for the actual Q1 financial performance results.

Lovable Lingerie Re-appoints M/S ASSP & Co. as Internal Auditor for FY 2026-27

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 29 May 2026, 09:33 PM

Lovable Lingerie Limited has re-appointed M/S ASSP & Co. as its internal auditor for the financial year 2026-27. The decision was finalized during a board meeting on May 29, 2026, based on the Audit Committee's recommendation. The audit firm's team includes experienced partners with up to 22 years of professional background in accounting and audit services. This appointment is a standard regulatory procedure to ensure continued internal financial controls and compliance.

Re-appointment of M/S ASSP & Co. as Internal Auditor for the 2026-2027 financial year
Audit team features senior partners with 22 years and 12 years of professional experience
Board meeting held on May 29, 2026, commenced at 5:15 P.M. and concluded at 6:30 P.M.
The firm will handle internal audit, statutory compliance, and MIS preparation for the company

💡 This is a routine administrative update and requires no specific action from investors. Monitor upcoming quarterly results for operational performance.

Lovable Lingerie FY26 PAT Rises to ₹3.35 Cr Driven by Tax Credits; Q4 Revenue Drops 22%

🟡 NEUTRAL ⭐ 7/10

EARNINGS 📅 29 May 2026, 08:15 PM

Lovable Lingerie reported a stagnant top-line for FY26 with revenue at ₹42.17 crore compared to ₹42.19 crore in FY25. While Profit After Tax (PAT) for the full year rose to ₹3.35 crore from ₹1.79 crore, this growth was primarily driven by a significant deferred tax credit of ₹7.35 crore rather than operational performance. The fourth quarter was particularly weak, with revenue from operations declining 22% year-on-year to ₹6.28 crore. Additionally, the company faced a substantial loss of ₹4.64 crore from discontinued operations during the fiscal year.

FY26 Revenue from operations remained flat at ₹42.17 crore vs ₹42.19 crore in FY25.
Full-year PAT increased to ₹3.35 crore, aided by a deferred tax credit of ₹7.35 crore.
Q4 FY26 revenue fell 22% YoY to ₹6.28 crore from ₹8.04 crore in the previous year's quarter.
Loss from discontinued operations stood at ₹4.64 crore for FY26.
Total expenses for the full year were reduced to ₹46.66 crore from ₹56.22 crore in FY25.

💡 Investors should note that the bottom-line growth is non-operational and stems from tax adjustments. Given the stagnant revenue and losses in discontinued segments, a cautious approach is advised until core operational growth resumes.

Lovable Lingerie Promoters Declare Zero Share Encumbrance for FY 2025-26

🟢 POSITIVE ⭐ 4/10

REGULATORY 📅 26 May 2026, 12:55 PM

The promoter group of Lovable Lingerie Limited has filed a formal declaration under SEBI Takeover Regulations for the financial year ended March 31, 2026. The filing confirms that the promoters and Persons Acting in Concert (PAC) have not created any encumbrance or pledge on their shareholding, directly or indirectly. This annual disclosure is a mandatory requirement to ensure transparency regarding the status of promoter holdings. The declaration includes key members such as Vinay Jaipal Reddy and other family entities, indicating that the promoter stake remains free of debt-related liens.

Promoter group confirms zero encumbrance of shares for the full financial year ending March 31, 2026.
Compliance submitted under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Declaration covers all 7 identified promoter group members and Persons Acting in Concert (PAC).
The filing ensures that no promoter shares are currently pledged as collateral for loans or other obligations.

💡 Investors can take comfort in the fact that the promoter holding is unencumbered, which is a sign of financial stability. No immediate action is required as this is a routine but positive regulatory disclosure.

Lovable Lingerie Clarifies Recent Stock Price Movement; No Undisclosed Material Events

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 25 Apr 2026, 02:22 PM

Lovable Lingerie Limited has responded to surveillance queries from the NSE and BSE regarding recent significant fluctuations in its stock price. In a formal filing dated April 25, 2026, the company stated that there is no undisclosed material information or impending announcements that would impact trading behavior. Management clarified that the recent price and volume movements are purely market-driven and not linked to any internal corporate developments. The company reaffirmed its commitment to maintaining transparency and complying with SEBI (LODR) Regulations, 2015.

Company responded to NSE and BSE surveillance letters dated April 24, 2026, regarding price volatility.
Management confirmed no undisclosed material information or pending announcements exist as of April 25, 2026.
The recent price movement is attributed to market-driven factors rather than internal company news.
Clarification was officially signed and submitted by Managing Director Lattupalli Vinay Reddy.

💡 Investors should note that the recent price volatility lacks fundamental news backing and may be speculative. Exercise caution and avoid trading based on price action alone without new material disclosures.

Lovable Lingerie Reports Zero Demat Requests for Quarter Ended March 31, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 08 Apr 2026, 04:30 PM

Lovable Lingerie Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by the Registrar and Share Transfer Agent (RTA) MUFG Intime India Pvt. Ltd., confirms that no requests for dematerialization were received from shareholders during the quarter ended March 31, 2026. This is a standard regulatory filing ensuring the company's share register is maintained according to SEBI norms. The announcement has no material impact on the company's financial or operational performance.

Compliance certificate filed for the fourth quarter ended March 31, 2026.
RTA MUFG Intime India Pvt. Ltd. confirmed zero dematerialization requests were received during the period.
The filing confirms adherence to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.
No security certificates were required to be mutilated or cancelled as no requests were processed.

💡 No action is required as this is a routine administrative filing. Investors should monitor the company's upcoming quarterly financial results for fundamental insights.

View All LOVABLE Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Total revenue from operations for H1 FY26 was INR 25.36 Cr, representing a 1.76% decline compared to INR 25.81 Cr in H1 FY25. Segment-specific growth is not disclosed.

Geographic Revenue Split

The company operates through 4 branches and a network of 180 distributors and 3,000 dealers across 21 cities, including presence in Large Format Stores like Shoppers Stop and Lifestyle.

Profitability Margins

Operating Profit Margin declined from 9.33% in FY24 to -7.72% in FY25 due to lower sales and exceptional items. Net Profit Margin fell from 6.72% to 4.23% over the same period.

EBITDA Margin

Historical PBILDT margins were 8.60% in FY17, a significant decline from 16.83% in FY16, primarily due to outdated stock sales and higher raw material costs.

Credit Rating & Borrowing

The company maintains a comfortable capital structure with low gearing (0.049x in FY25). Finance costs for H1 FY26 were INR 19.46 Lacs compared to INR 18.42 Lacs in H1 FY25.

⚙️ Operational Drivers

Raw Materials

Specific raw material names are not disclosed, but the company reported margin pressure due to rising raw material costs and loss on sale of outdated stock.

Import Sources

The CIF value of imports was INR 4.59 Lacs in FY25, up 62.7% from INR 2.82 Lacs in FY24. Specific source countries are not disclosed.

Raw Material Costs

Raw material costs increased in recent periods, contributing to a decline in PBILDT margins from 16.83% to 8.60% historically.

Logistics & Distribution

Selling and distribution expenses for H1 FY26 were INR 5.99 Cr, compared to INR 11.48 Cr for the full year FY25.

📈 Strategic Growth

Growth Strategy

The company focuses on its extensive distribution network of 180 distributors and 3,000 dealers serving 11,000 multi-brand outlets and direct marketing through 4 branches in 21 cities.

Products & Services

Women's innerwear, specifically lingerie, brassieres, and panties.

Brand Portfolio

Lovable.

Market Expansion

Presence in 21 cities via Large Format Stores like Shoppers Stop and Lifestyle.

🌍 External Factors

Industry Trends

The lingerie industry is facing stiff competition from both large organized players and the unorganized segment, leading to pricing pressure.

Competitive Landscape

Faces intense competition from large organized and unorganized segments, leading to a decline in debtors turnover from 3.13 to 1.94.

Competitive Moat

The company's moat is its established brand name 'Lovable' and a deep distribution network of 11,000 multi-brand outlets, though this is challenged by high inventory requirements.