Mumbai ethnic-wear maker (Libas brand) for weddings and festive occasions, diversified into Gangji-brand rock salt and KNG bamboo innerwear.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 12 | 12 | 18 | 26 | 26 | 26 | 26 | 26 |
| Reserves | 26 | 25 | 29 | 47 | 52 | 55 | 56 | 59 |
| Borrowings | 16 | 18 | 10 | 10 | 15 | 14 | 13 | 13 |
| Other Liabilities | 10 | 10 | 16 | 11 | 6 | 16 | 10 | 16 |
| Total Liabilities | 65 | 66 | 72 | 94 | 99 | 111 | 106 | 114 |
| AssetsFixed Assets | 4 | 3 | 1 | 1 | 1 | 1 | 1 | 1 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 60 | 62 | 70 | 92 | 97 | 110 | 105 | 113 |
| Total Assets | 65 | 66 | 72 | 94 | 99 | 111 | 106 | 114 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -1 | -1 | 3 | 6 | -13 | -3 | 9 | — |
| Cash from Investing | -1 | 0 | 1 | 1 | 0 | 0 | 0 | — |
| Cash from Financing | 2 | 3 | -1 | -11 | 17 | 4 | -2 | — |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -1 | -2 | 3 | 7 | -13 | -3 | 9 | — |
| 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.
LIBAS · CYCLICAL_UNMODELABLE
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