Garment Mantra Lifestyle Ltd

Garment Mantra Lifestyle Ltd

₹ 7.19 -3.49%
16 Jul 11:23 a.m.
About

Incorporated in 2005, Garment Mantra Ltd is in the business of manufacturing, selling and distribution of fabrics, hosiery garments, and providing related services

Key Points

Business Overview:[1][2][3]
Company deals in garment manufacturing and selling of both Knitted Fabrics and Knitted Garments viz., 100% cotton, 100% polyester, blended (cotton and polyester) and printed polyester fabrics in the production of garments. Company has 10 retail stores and 5000+ SKUs with brands like Hylex, Monk and Helicon brands

  • Market Cap 72.2 Cr.
  • Current Price 7.19
  • High / Low 9.22 / 3.78
  • Stock P/E 50.5
  • Book Value 3.84
  • Dividend Yield 0.00 %
  • ROCE 5.78 %
  • ROE 3.83 %
  • Face Value 1.00

Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -19.9%
  • The company has delivered a poor sales growth of 4.52% over past five years.
  • Promoter holding is low: 30.2%
  • Company has a low return on equity of 3.18% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Textiles Industry: Textiles - Products

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
46.85 11.58 32.81 31.92 27.61 22.96 23.96 17.32 42.39 18.64 23.78 20.83 41.60
42.38 10.10 30.15 28.90 31.08 22.12 23.21 16.59 41.68 17.73 22.78 19.95 40.11
Operating Profit 4.47 1.48 2.66 3.02 -3.47 0.84 0.75 0.73 0.71 0.91 1.00 0.88 1.49
OPM % 9.54% 12.78% 8.11% 9.46% -12.57% 3.66% 3.13% 4.21% 1.67% 4.88% 4.21% 4.22% 3.58%
0.01 0.04 0.04 0.04 0.07 0.04 0.06 0.09 0.11 0.02 0.01 0.09 0.04
Interest 0.45 0.36 0.41 0.37 0.45 0.45 0.44 0.52 0.56 0.55 0.53 0.51 0.52
Depreciation 0.10 0.07 0.07 0.07 0.12 0.07 0.07 0.07 0.15 0.09 0.09 0.09 0.13
Profit before tax 3.93 1.09 2.22 2.62 -3.97 0.36 0.30 0.23 0.11 0.29 0.39 0.37 0.88
Tax % 30.03% 25.69% 26.13% 25.95% 26.70% 25.00% 26.67% 26.09% 54.55% 27.59% 25.64% -16.22% 44.32%
2.76 0.81 1.64 1.94 -2.90 0.27 0.22 0.17 0.06 0.22 0.29 0.43 0.50
EPS in Rs 0.27 0.08 0.16 0.19 -0.29 0.03 0.02 0.02 0.01 0.02 0.03 0.04 0.05
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
10 14 15 52 64 79 84 93 106 104 107 105
9 14 15 50 62 77 81 88 97 100 104 101
Operating Profit 1 0 1 2 2 2 3 5 9 4 3 4
OPM % 6% 3% 5% 4% 3% 3% 4% 6% 9% 4% 3% 4%
0 0 0 0 0 0 0 0 0 0 0 0
Interest 0 0 0 1 1 1 1 2 2 2 2 2
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 0 0 0 1 1 1 2 3 8 2 1 2
Tax % 33% 39% 33% 31% 40% 35% 31% 29% 27% 24% 56% 26%
0 0 0 1 1 1 1 2 5 1 0 1
EPS in Rs 1.17 1.00 0.06 0.14 0.14 0.21 0.26 0.60 0.54 0.15 0.04 0.14
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 22%
5 Years: 5%
3 Years: 0%
TTM: -2%
Compounded Profit Growth
10 Years: 28%
5 Years: 7%
3 Years: -36%
TTM: 225%
Stock Price CAGR
10 Years: %
5 Years: 24%
3 Years: -15%
1 Year: 56%
Return on Equity
10 Years: 9%
5 Years: 8%
3 Years: 3%
Last Year: 4%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 1 1 2 3 3 3 3 3 10 10 10 10
Reserves 0 0 1 2 2 3 4 7 22 24 26 29
2 3 9 9 11 14 17 18 19 24 23 42
2 2 5 9 8 11 6 22 11 9 11 16
Total Liabilities 6 6 16 22 24 31 31 50 61 68 69 97
2 1 2 2 2 2 2 3 3 3 4 4
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 11 12 14 14
4 4 14 20 22 29 28 46 47 52 52 79
Total Assets 6 6 16 22 24 31 31 50 61 68 69 97

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0 -0 -3 -2 -2 -3 -1 -3 5 3 5 3
-0 -0 -3 0 -0 0 -0 -1 -10 -1 -1 1
1 0 -0 2 1 -1 1 5 5 -2 -3 17
Net Cash Flow -0 0 -6 -0 -1 -3 0 0 0 0 0 21

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 91 15 77 58 63 33 38 70 83 83 88 93
Inventory Days 52 98 307 95 65 103 87 117 88 100 94 117
Days Payable 106 56 140 69 47 55 27 56 32 32 36 58
Cash Conversion Cycle 37 58 243 83 80 81 98 132 140 152 145 153
Working Capital Days 46 46 211 75 74 77 88 123 123 150 140 146
ROCE % 17% 13% 9% 16% 13% 12% 13% 20% 24% 6% 5% 6%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
49.14% 49.14% 49.14% 49.14% 49.14% 49.14% 49.82% 50.10% 50.10% 50.10% 50.10% 30.18%
50.86% 50.86% 50.86% 50.86% 50.86% 50.86% 50.19% 49.89% 49.89% 49.89% 49.91% 69.83%
No. of Shareholders 7501,0421,0262,7275,6586,7056,6846,5276,4246,6246,92332,809

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