Garment Mantra Lifestyle Ltd

Garment Mantra Lifestyle Ltd

₹ 6.64 -0.60%
25 Jun 11:59 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 66.7 Cr.
  • Current Price 6.64
  • High / Low 9.22 / 3.78
  • Stock P/E 27.1
  • Book Value 3.71
  • Dividend Yield 0.00 %
  • ROCE 7.86 %
  • ROE 6.85 %
  • 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%
  • Promoter holding is low: 30.2%
  • Company has a low return on equity of 6.76% over last 3 years.
  • Company might be capitalizing the interest cost

* 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

Consolidated Figures in Rs. Crores / View Standalone

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
58.37 21.95 68.61 57.49 55.85 39.07 35.37 28.16 69.37 27.34 33.10 33.36 70.33
52.87 19.59 63.48 52.08 59.85 37.36 34.00 26.65 67.91 25.83 31.46 30.65 68.06
Operating Profit 5.50 2.36 5.13 5.41 -4.00 1.71 1.37 1.51 1.46 1.51 1.64 2.71 2.27
OPM % 9.42% 10.75% 7.48% 9.41% -7.16% 4.38% 3.87% 5.36% 2.10% 5.52% 4.95% 8.12% 3.23%
0.03 0.00 0.00 0.01 0.20 0.04 0.04 0.09 0.09 0.02 0.01 0.09 0.05
Interest 1.21 0.72 1.03 0.79 1.04 0.81 0.80 1.14 1.03 0.94 0.93 0.90 1.40
Depreciation 0.27 0.18 0.18 0.16 0.44 0.16 0.22 0.19 0.33 0.19 0.17 0.22 0.21
Profit before tax 4.05 1.46 3.92 4.47 -5.28 0.78 0.39 0.27 0.19 0.40 0.55 1.68 0.71
Tax % 31.36% 26.03% 27.04% 25.06% 30.11% 28.21% 25.64% -29.63% 36.84% 30.00% 27.27% 16.67% 47.89%
1.23 1.08 2.86 3.35 -3.70 0.56 0.30 0.35 0.11 0.29 0.41 1.40 0.37
EPS in Rs 0.11 0.10 0.26 0.31 -0.37 0.05 0.03 0.02 0.01 0.03 0.04 0.13 0.04
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
150 168 204 172 164
141 153 195 166 156
Operating Profit 9 15 9 6 8
OPM % 6% 9% 4% 4% 5%
0 0 0 0 0
Interest 3 4 4 4 4
Depreciation 1 1 1 1 1
Profit before tax 6 11 5 2 3
Tax % 29% 29% 21% 44% 26%
4 8 4 1 2
EPS in Rs 1.00 0.78 0.36 0.09 0.25
Dividend Payout % 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: -1%
TTM: -5%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -32%
TTM: 167%
Stock Price CAGR
10 Years: %
5 Years: 23%
3 Years: -14%
1 Year: 34%
Return on Equity
10 Years: %
5 Years: %
3 Years: 7%
Last Year: 7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 3 10 10 10 10
Reserves 7 21 24 25 27
35 39 44 41 78
48 26 23 24 34
Total Liabilities 92 96 101 100 149
6 6 7 7 6
CWIP 0 0 0 0 0
Investments 1 1 1 1 1
86 89 94 92 142
Total Assets 92 96 101 100 149

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-4 5 8 6 3
-3 -10 -1 -1 -1
7 5 -5 -7 33
Net Cash Flow 1 1 1 -2 35

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 58 72 57 92 90
Inventory Days 165 138 106 108 145
Days Payable 87 57 38 41 69
Cash Conversion Cycle 136 153 125 159 166
Working Capital Days 126 133 123 143 159
ROCE % 24% 11% 7%

Shareholding Pattern

Numbers in percentages

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

Documents

Concalls