Indore-based vertically integrated fashion-accessories company designing, manufacturing and retailing licensed travel gear, bags and lifestyle accessories (Tommy Hilfiger, United Colors of Benetton, Juicy Couture, Off-White) plus own brands
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 11 | 11 | 11 | 11 | 12 | 12 | 12 | 12 |
| Reserves | 14 | 7 | 8 | 17 | 54 | 68 | 65 | 71 |
| Borrowings | 24 | 35 | 32 | 35 | 80 | 140 | 184 | 182 |
| Other Liabilities | 35 | 23 | 25 | 32 | 48 | 53 | 66 | 98 |
| Total Liabilities | 84 | 75 | 76 | 95 | 194 | 273 | 327 | 362 |
| AssetsFixed Assets | 4 | 7 | 10 | 15 | 46 | 59 | 93 | 105 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 23 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 80 | 68 | 66 | 79 | 148 | 191 | 234 | 257 |
| Total Assets | 84 | 75 | 76 | 95 | 194 | 273 | 327 | 362 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 4 | 6 | -1 | 13 | 12 | -3 | -3 | -12 |
| Cash from Investing | -2 | -1 | 2 | -5 | -9 | -19 | -28 | -18 |
| Cash from Financing | -2 | -3 | -2 | -8 | -3 | 22 | 30 | 30 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 3 | 5 | 0 | 8 | 3 | -22 | -31 | -31 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
BCONCEPTS · CYCLICAL_UNMODELABLE
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