LIBAS
Libas Consumer Products financials
- Market cap
- ₹28 Cr
- Sector
- Textiles
What Libas Consumer Products Limited does
Libas Consumer Products is a Mumbai-based company, established in 1995, engaged in two businesses: Ethnic Fashion and Gangji Rock Salt. Its Libas brand manufactures ready-wear and customised family ethnic wear for weddings and festive occasions at production facilities in Mumbai and Bhiwandi. The company also makes bamboo-based organic men's innerwear under the KNG brand. Separately, it manufactures and trades rock salt under the Gangji brand from an ultra-modern unit in Bharuch, sourcing through tie-ups with organic farmers.
Segments
- Ethnic Fashion
- Gangji Rock Salt
- Innerwear (KNG)
- Ethnic-wear manufacturing capacity
- 35,000–40,000 pieces
- Rock-salt manufacturing capacity
- 3,000 MT/month (Bharuch unit)
- Manufacturing facilities
- Mumbai & Bhiwandi (ethnic wear), Bharuch (rock salt)
- Organic farmer tie-ups (rock-salt sourcing)
- 15,000+
- Business segments
- 3 (Ethnic Fashion, Rock Salt, Innerwear)
- Brands
- Libas, KNG, Gangji
Quarterly results
Q1 FY27: revenue down 30.2%, net profit up 103.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20 | 22 | 31 | 18 | 21 +3% | 22 +2% | 17 −45% | 13 −30% |
| EBITDA | 2 | -2 | 2 | 1 | 1 −36% | 1 +169% | -2 −197% | 1 −36% |
| Net profit | 2 | -2 | 2 | -2 | 1 −38% | 1 +161% | -1 −142% | 0 +103% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −14.2% 1Y
1Y: ₹13.05 on 10 Sept 2025 → ₹11.2. High ₹13.67 (18 Sept 2025), low ₹9.46 (10 Mar 2026).
Financials, as filed
Revenue grew 2.5% a year over 2 years, FY24 to FY26. Operating margin widened to 2.7%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹74 Cr | ₹92 Cr | ₹78 Cr |
| Operating profit | ₹-1 Cr | ₹4 Cr | ₹2 Cr |
| Operating margin | -0.8% | 4.6% | 2.7% |
| Interest | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹5 Cr | ₹3 Cr | ₹0 Cr |
| Net margin | 7.0% | 2.9% | 0.3% |
| Cash from operations | ₹-3 Cr | ₹9 Cr | — |
| Free cash flow | ₹-3 Cr | ₹9 Cr | — |
| ROCE | 7.2% | 4.6% | 4.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹12 Cr | ₹18 Cr | ₹26 Cr | ₹26 Cr | ₹26 Cr | ₹26 Cr |
| Reserves | ₹25 Cr | ₹29 Cr | ₹47 Cr | ₹52 Cr | ₹56 Cr | ₹59 Cr |
| Borrowings | ₹18 Cr | ₹10 Cr | ₹10 Cr | ₹15 Cr | ₹13 Cr | ₹13 Cr |
| Other liabilities | ₹10 Cr | ₹16 Cr | ₹11 Cr | ₹6 Cr | ₹10 Cr | ₹16 Cr |
| Total liabilities | ₹66 Cr | ₹72 Cr | ₹94 Cr | ₹99 Cr | ₹106 Cr | ₹114 Cr |
| Fixed assets | ₹3 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹62 Cr | ₹70 Cr | ₹92 Cr | ₹97 Cr | ₹105 Cr | ₹113 Cr |
| Total assets | ₹66 Cr | ₹72 Cr | ₹94 Cr | ₹99 Cr | ₹106 Cr | ₹114 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, promoters added +1.23 pp while the public trimmed −1.23 pp. The shareholder count shrank 8% to 20,398.
- Promoters
- 31.9%
- Public
- 68.1%
Since Jun 2025
- Promoters +1.23 pp
- Public −1.23 pp
How it drifted, 12 quarters
Over this window promoters went from 30.7% to 31.9% — +1.2 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 30.7%, Public 69.3%.Dec '23: Promoters 30.7%, Public 69.3%.Mar '24: Promoters 30.7%, Public 69.3%.Jun '24: Promoters 30.7%, Public 69.3%.Sep '24: Promoters 30.7%, Public 69.3%.Dec '24: Promoters 30.7%, Public 69.3%.Mar '25: Promoters 30.7%, Public 69.3%.Jun '25: Promoters 30.7%, Public 69.3%.Sep '25: Promoters 30.7%, Public 69.3%.Dec '25: Promoters 30.7%, Public 69.3%.Mar '26: Promoters 31.6%, Public 68.5%.Jun '26: Promoters 31.9%, Public 68.1%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Rakesh Kumar Mandal +1.36 pp 3.79% held
- Riyaz Eqbal Ahmed Ganji +0.38 pp 16.71% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Libas Consumer Products Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Riyaz Eqbal Ahmed Ganji | 16.71% | +0.38 pp |
| Reshma Ganji | 15.19% | unchanged |
| Rakesh Kumar Mandal | 3.79% | +1.36 pp |
| Durgam Distributors Private Limited | 1.06% | unchanged |
| Seetharam K Shetty | 0.03% | unchanged |
| Pushpalatha S Shetty | 0.00% | unchanged |
| Aman Riyaz Ganji | 0.00% | unchanged |
| Nishant Mitrasen Mahimtura | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Libas Consumer Products Limited
Guides on how to read this kind of business and the numbers that matter.