Game Changers Texfab Ltd
Incorporated in 2015, TradeUNO Fabrics is engaged in the B2B marketplace for fabrics.[1]
- Market Cap ₹ 197 Cr.
- Current Price ₹ 110
- High / Low ₹ 162 / 102
- Stock P/E 13.0
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 71.2 %
- ROE 80.6 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 65.4%
Cons
- Debtor days have increased from 66.5 to 84.2 days.
* 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
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 35 | 100 | 98 | 115 | 118 | |
| 34 | 99 | 91 | 97 | 94 | |
| Operating Profit | 1 | 1 | 7 | 19 | 23 |
| OPM % | 2% | 1% | 7% | 16% | 20% |
| 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 1 | 1 | 2 | 2 |
| Depreciation | 0 | 0 | 0 | 1 | 1 |
| Profit before tax | 0 | 1 | 6 | 16 | 20 |
| Tax % | 25% | 13% | 25% | 25% | |
| 0 | 1 | 4 | 12 | 15 | |
| EPS in Rs | 48.70 | 169.87 | 1,368.59 | 9.64 | 12.14 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 49% |
| TTM: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 332% |
| TTM: | 183% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 65% |
| Last Year: | 81% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.03 | 0.03 | 0.03 | 13 | 13 |
| Reserves | 3 | 5 | 9 | 8 | 17 |
| 5 | 7 | 10 | 10 | 14 | |
| 4 | 10 | 22 | 21 | 16 | |
| Total Liabilities | 12 | 22 | 41 | 51 | 59 |
| 1 | 1 | 6 | 6 | 6 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 11 | 20 | 36 | 45 | 53 | |
| Total Assets | 12 | 22 | 41 | 51 | 59 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -0 | -2 | 3 | 3 | |
| -0 | -0 | -1 | -2 | |
| 0 | 2 | -2 | -2 | |
| Net Cash Flow | 0 | 0 | 0 | -0 |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 78 | 51 | 64 | 84 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 78 | 51 | 64 | 84 |
| Working Capital Days | 9 | 9 | 27 | 57 |
| ROCE % | 12% | 42% | 71% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Sep 2025 | |
|---|---|---|---|---|
| Revenue from Top 10 Customers Percentage |
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| Working Capital Cycle Days |
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| Number of Experience Centers Number |
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| Number of Product Designs Number |
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| Number of Suppliers Number |
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| Number of B2B Customers Number |
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| Number of B2C Customers Number |
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Documents
Announcements
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Board Meeting Outcome For Proposed Incorporation Of A Subsidiary Company
24 Feb - Board approved Game Changers Attirex Pvt Ltd (INR10 lakh capital); GC Texfab holds 80%; Feb 23, 2026.
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Monitoring Agency Report For The Quarter Ended 31 December 2025
24 Feb - Monitoring report for quarter ended 31 Dec 2025: Rs54.83 crore IPO proceeds, utilisation details disclosed.
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Announcement Under Regulation 30 Of SEBI (LODR) - Incorporation Of A Subsidiary Company
19 Feb - Incorporation of Game Changers Retails Pvt Ltd on 18 Feb 2026; GC Texfab holds 80%; capital INR 10,00,000.
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Board Meeting Outcome for Proposed Incorporation Of A Subsidiary Company
12 Jan - Board approved incorporation of Game Changers Retails Pvt Ltd on Jan 12, 2026; paid-up capital INR10,00,000; 80% held.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 1 Dec 2025
Concalls
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Dec 2025TranscriptPPT
Business Profile[1]
The company operates a tech-enabled, asset-light fabric sourcing and marketplace platform serving both B2B and B2C customers. It sources fabrics based on customer specifications through 6 deemed manufacturing units and a network of 500+ suppliers, without owning any manufacturing assets.