Lorenzini Apparels Ltd
Incorporated in 2007, Lorenzini Apparels Ltd manufactures, designs, and markets ready-made garments[1]
- Market Cap ₹ 122 Cr.
- Current Price ₹ 7.09
- High / Low ₹ 13.9 / 6.45
- Stock P/E
- Book Value ₹ 2.90
- Dividend Yield 0.00 %
- ROCE 17.0 %
- ROE 13.9 %
- 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 3 years: -6.74%
- Working capital days have increased from 129 days to 181 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 Garments & Apparels
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 13.16 | 14.12 | 12.08 | 16.43 | 23.31 | 25.47 | 34.97 | 25.49 | 24.43 | 43.76 | 54.76 | 63.42 | 60.91 | |
| 12.72 | 13.62 | 11.60 | 15.57 | 22.17 | 24.30 | 33.57 | 24.39 | 21.24 | 36.02 | 44.38 | 52.82 | 57.46 | |
| Operating Profit | 0.44 | 0.50 | 0.48 | 0.86 | 1.14 | 1.17 | 1.40 | 1.10 | 3.19 | 7.74 | 10.38 | 10.60 | 3.45 |
| OPM % | 3.34% | 3.54% | 3.97% | 5.23% | 4.89% | 4.59% | 4.00% | 4.32% | 13.06% | 17.69% | 18.96% | 16.71% | 5.66% |
| 0.00 | 0.04 | 0.03 | 0.01 | 0.00 | 0.00 | 0.11 | 0.23 | 0.17 | 0.19 | 1.86 | 1.22 | -1.59 | |
| Interest | 0.19 | 0.20 | 0.33 | 0.39 | 0.34 | 0.24 | 0.47 | 0.59 | 0.94 | 1.27 | 1.78 | 1.76 | 0.97 |
| Depreciation | 0.21 | 0.30 | 0.23 | 0.15 | 0.22 | 0.23 | 0.36 | 0.48 | 1.86 | 2.89 | 3.21 | 2.31 | 1.67 |
| Profit before tax | 0.04 | 0.04 | -0.05 | 0.33 | 0.58 | 0.70 | 0.68 | 0.26 | 0.56 | 3.77 | 7.25 | 7.75 | -0.78 |
| Tax % | 175.00% | -50.00% | -20.00% | 36.36% | 24.14% | 8.57% | 47.06% | 69.23% | 80.36% | 33.16% | 26.90% | 24.77% | |
| -0.05 | 0.06 | -0.03 | 0.21 | 0.44 | 0.64 | 0.37 | 0.08 | 0.12 | 2.52 | 5.30 | 5.84 | -3.09 | |
| EPS in Rs | 0.06 | 0.03 | 0.04 | 0.02 | 0.01 | 0.01 | 0.16 | 0.34 | 0.34 | -0.18 | |||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 13% |
| 3 Years: | 37% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 56% |
| 5 Years: | 69% |
| 3 Years: | 249% |
| TTM: | -124% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 69% |
| 3 Years: | 8% |
| 1 Year: | -42% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 13% |
| 3 Years: | 17% |
| Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
| Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 2.28 | 10.14 | 10.14 | 10.14 | 10.14 | 10.14 | 10.14 | 15.67 | 17.27 | 17.27 |
| Reserves | 0.30 | 0.45 | 0.41 | 0.86 | 0.59 | 1.22 | 1.59 | 1.67 | 2.73 | 5.27 | 10.29 | 30.32 | 32.74 |
| 1.10 | 2.30 | 1.96 | 2.23 | 0.93 | 3.26 | 5.98 | 8.94 | 14.54 | 15.88 | 16.21 | 9.57 | 13.14 | |
| 5.01 | 2.81 | 2.75 | 4.73 | 6.31 | 7.00 | 8.96 | 6.75 | 8.14 | 10.23 | 20.00 | 15.49 | 21.72 | |
| Total Liabilities | 6.42 | 5.57 | 5.13 | 10.10 | 17.97 | 21.62 | 26.67 | 27.50 | 35.55 | 41.52 | 62.17 | 72.65 | 84.87 |
| 0.71 | 1.90 | 1.82 | 1.88 | 1.72 | 1.70 | 2.22 | 2.30 | 8.51 | 8.23 | 5.98 | 4.06 | 2.97 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.30 | 0.32 | 0.32 | 0.33 | 0.40 | 9.90 | 13.51 | 18.75 |
| 5.71 | 3.67 | 3.31 | 8.22 | 16.25 | 19.62 | 24.13 | 24.88 | 26.71 | 32.89 | 46.29 | 55.08 | 63.15 | |
| Total Assets | 6.42 | 5.57 | 5.13 | 10.10 | 17.97 | 21.62 | 26.67 | 27.50 | 35.55 | 41.52 | 62.17 | 72.65 | 84.87 |
Cash Flows
Figures in Rs. Crores
| Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.65 | 1.19 | -2.43 | -6.25 | 0.41 | 0.09 | 0.34 | 3.11 | 1.96 | 2.27 | -4.95 | ||
| -1.37 | -0.63 | -0.13 | -0.22 | -0.51 | -0.90 | -0.55 | -0.78 | -1.31 | -8.83 | -2.89 | ||
| 1.00 | -0.51 | 2.15 | 7.26 | -0.48 | 1.16 | -0.03 | -1.84 | -1.28 | 6.96 | 7.96 | ||
| Net Cash Flow | 0.28 | 0.04 | -0.41 | 0.79 | -0.58 | 0.35 | -0.25 | 0.49 | -0.63 | 0.40 | 0.12 |
Ratios
Figures in Rs. Crores
| Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 8.88 | 17.84 | 10.58 | 61.31 | 38.36 | 67.50 | 69.72 | 78.04 | 76.20 | 71.98 | 77.79 | 65.90 |
| Inventory Days | 225.72 | 54.04 | 88.84 | 182.32 | 271.94 | 270.53 | 216.87 | 336.62 | 644.20 | 353.36 | 350.31 | 361.16 |
| Days Payable | 188.41 | 103.34 | 110.35 | 126.22 | 95.33 | 124.73 | 108.43 | 122.43 | 214.51 | 120.32 | 109.37 | 66.20 |
| Cash Conversion Cycle | 46.18 | -31.46 | -10.93 | 117.41 | 214.98 | 213.29 | 178.16 | 292.23 | 505.89 | 305.02 | 318.72 | 360.86 |
| Working Capital Days | 12.20 | -18.87 | -29.01 | 59.32 | 151.89 | 144.45 | 116.48 | 169.68 | 141.94 | 115.02 | 90.32 | 181.41 |
| ROCE % | 16.67% | 10.89% | 18.58% | 10.80% | 7.15% | 7.11% | 4.42% | 6.23% | 17.10% | 20.64% | 17.01% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Total Employee Headcount Numbers |
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| Actual Production Volume Pieces |
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| Capacity Utilization Rate % |
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| Installed Production Capacity Pieces |
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Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
25 Feb - Submission of newspaper advertisement pertaining to Postal Ballot Notice dated February 14, 2026.
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 24 Feb
- Postal Ballot Notice For The Approval Of Shareholders. 24 Feb
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Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Feb - Submission of newspaper advertisement pertaining to unaudited financial results for the quarter ended 31st December,2025
-
Announcement under Regulation 30 (LODR)-Change in Management
14 Feb - Appointed Ish Sadana and Monam Kapoor as independent directors for five-year terms, effective Feb 14, 2026, subject to shareholder approval.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
Business Overview:[1]
LPL is in the business of manufacturing, designing and marketing of ready-made garments offering a range of formal, semiformal and casual wear for men and women. Its garment manufacturing process includes cutting, stitching, sewing, finishing, inspection and packing. It also outsources garment manufacturing to third party contractors