Manufactures garments for global apparel brands such as Levi's, Adidas, Puma, Skechers and Tchibo from a facility with annual capacity of 46.5 lakh garments, with a 22-year Levi's partnership contributing roughly Rs 100 cr per year. Runs an integrated design-to-shelf model with a virtual design centre, 3D simulations, AI tools, and sustainability credentials including GOTS, WRAP, SEDEX, SA8000, GRS and a 500 kW rooftop solar plant covering 50% of energy demand. A new smart-knitting partnership with Ningbo Cixing will add 600 machines over 3 years to the existing 352, creating India's first knit-to-shape facility. Operates a domestic retail presence through a dealer network being expanded from 200 to 300 for Pan-India reach, and has launched 'NUEMO', a multi-brand retail chain in Tier 2 and Tier 3 towns offering men's, women's and kids' apparel. Materials (25.3% of revenue) and employees (17.4% of revenue) are the largest cost items, with a working capital cycle of 210–240 days. FY26 revenue was Rs 316.44 cr with an EBITDA margin of 9.29%, and the company is rated Crisil BBB stable / A3+ on Rs 102 cr of bank facilities. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Manufacturing for global apparel brands, Domestic branded retail and distribution, Multi-brand retail (NUEMO). Asset-heavy garment manufacturer with long-tenure B2B brand contracts, a growing domestic retail footprint, and a long working capital cycle of 210–240 days.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 115 | 200 | 212 | 296 | 316 |
| EBITDA (ex other income) | — | 13 | 21 | 28 | 28 |
| margin % | — | 6.7 | 9.8 | 9.3 | 8.7 |
| Owners' profit | — | 2 | 5 | 8 | 10 |
| EPS, as reported (₹) | 0.34 | 1.46 | 3.13 | 5.45 | 6.48 |
| ROE % · ROCE % | — · 7.5 | 3.5 · 11.0 | 7.0 · 13.7 | 10.9 · 18.7 | 10.8 · 16.2 |
| Debt / equity (x) | — | 1.23 | 1.24 | 1.53 | 1.36 |
| Cash from operations | 13 | 14 | 21 | (10) | 14 |
| Capex | — | (17) | (19) | (11) | (17) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 81 | 100 | 68 | 64 | 83 | 96 | 73 | 68 |
| Profit before tax | 3 | 4 | 1 | 3 | 3 | 4 | 2 | 3 |
| Net profit | 2 | 3 | 2 | 2 | 3 | 3 | 2 | 2 |
| EPS (₹) | 1.59 | 4.04 | 1.06 | 1.37 | 1.76 | 2.25 | 1.05 | 1.44 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| PAGE INDUSTRIES LTD | 39,474 | 52.2 | 26.27 | — | 50.8 | 58.6 | — | 21.1 |
| ARVIND LIMITED | 15,120 | 36.5 | 3.65 | 15.8 | 10.3 | 11.9 | 12.9 | 9.4 |
| GOKALDAS EXPORTS LTD. | 5,773 | 56.0 | 2.67 | 15.3 | 4.6 | 6.0 | 26.9 | 12.1 |
| PEARL GLOBAL IND LIMITED | 5,506 | 17.7 | 3.83 | 11.0 | 18.8 | 16.8 | 27.5 | 11.2 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 1 Sept 2026 · Active Clothing commissions 1 MW solar power system at facility | capex operations | medium | — | — |
| 1 Sept 2026 · Notice of 24th Annual General Meeting on September 25, 2026 | compliance | minimal | — | — |
| 31 Aug 2026 · Active Clothing Co submits 24th Annual Report for FY 2025-26 | compliance | medium | — | — |
| 31 Aug 2026 · Active Clothing expands sweater and T-shirt manufacturing capacity | capex operations | high | — | — |
| 31 Aug 2026 · 24th AGM on Sept 25, 2026; book closure Sept 19 to Sept 25, 2026 | board shareholder meetings | low | — | — |
| 31 Aug 2026 · Active Clothing Co 24th AGM on Sept 25, 2026; book closure from Sept 19 | board shareholder meetings | low | — | — |
| 31 Aug 2026 · Board approves Director Report and 24th AGM Notice | board shareholder meetings | low | — | — |
| 25 Aug 2026 · Board meeting on 31 Aug 2026 to approve Director's Report and AGM notice | board shareholder meetings | low | — | — |
| 24 Aug 2026 · Active Clothing gets Pan-India distribution rights for Levi’s, Nike, Jordan Kids, Ben Sherman | business updates | high | — | — |
| 17 Aug 2026 · Newspaper publication of Q1 FY27 financial results | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| LUX INDUSTRIES LIMITED |
| 3,443 |
| 32.3 |
| 1.89 |
| 19.2 |
| 5.8 |
| 7.3 |
| 8.4 |
| 8.2 |
| KEWAL KIRAN CLOTHING LTD | 3,051 | 20.6 | 2.73 | 11.2 | 13.6 | 16.6 | 32.0 | 24.0 |
| S. P. APPARELS LIMITED | 2,582 | 24.5 | 2.75 | 12.4 | 10.7 | 14.2 | 19.3 | 15.9 |
| KITEX GARMENTS LTD | 2,473 | — | 2.00 | 36.2 | (1.1) | 0.3 | 7.9 | 11.3 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 16.3 | 17.7 | 19 of 39 | 53% |
| P/B | 1.8 | 1.6 | 19 of 35 | 47% |
| ROCE | 8.8 | 8.4 | 22 of 44 | 51% |
| ROE | 10.8 | 5.8 | 13 of 37 | 67% |
| Debt / Equity | 1.4 | 0.3 | 35 of 37 | 6% |
| EBITDA margin | 10.8 | 10.4 | 17 of 35 | 53% |
| Revenue growth | 4.8 | 7.9 | 21 of 37 | 44% |
| Profit growth | 5.0 | 6.8 | 21 of 37 | 44% |
| Market cap | 164 | 158 | 21 of 44 | 54% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
