Manufactures and exports garments, with material exposure to the US market where tariffs on Indian garment imports forced additional price concessions. FY26 revenue stood at Rs 172.06 crore, up 4.1% from Rs 165.26 crore in FY25, but the business posted a net loss of Rs 15.72 crore after absorbing Rs 18.70 crore in extra discounts and price reductions to retain customers. Q1 FY27 revenue dropped 35% year-on-year to Rs 26.42 crore, with another Rs 3.55 crore in tariff-linked discounts in that quarter. The cost structure is dominated by materials at 43.1% of revenue and employee costs at 35.3% of revenue, consistent with a labour-intensive garment manufacturing setup. The auditor has flagged a material uncertainty related to going concern, with accumulated losses of Rs 57.31 crore as of June 30, 2026, and total equity shrinking to Rs 9.62 crore at FY26 end. Operating cash flow was positive at Rs 30.74 crore in FY26. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Sale of garments. Labour-intensive garment manufacturer and exporter facing US tariff headwinds
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 328 | 364 | 343 | 165 | 172 |
| EBITDA (ex other income) | 22 | 21 | 19 | (7) | (6) |
| margin % | 6.6 | 5.9 | 5.7 | (4.0) | (3.4) |
| Owners' profit | 9 | 6 | 2 | (18) | (16) |
| EPS, as reported (₹) | 1.22 | 1.30 | 0.40 | (3.26) | (2.63) |
| ROE % · ROCE % | 58.6 · 33.3 | 23.0 · 25.9 | 5.4 · 21.1 | (88.9) · (41.3) | (163.4) · (38.4) |
| Debt / equity (x) | 4.92 | 3.06 | 1.58 | 2.84 | 5.34 |
| Cash from operations | 12 | 15 | 29 | 3 | 31 |
| Capex | (1) | (6) | (1) | (0) | (0) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 39 | 38 | 52 | 41 | 43 | 45 | 43 | 26 |
| Profit before tax | (4) | (3) | (2) | (7) | (4) | (3) | (2) | (2) |
| Net profit | (4) | (3) | (2) | (7) | (4) | (3) | (2) | (2) |
| EPS (₹) | (0.74) | (0.60) | (0.41) | (1.13) | (0.66) | (0.57) | (0.31) | (0.37) |
| 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 % |
|---|---|---|---|---|
| 11 Sept 2026 · Newspaper publication of 37th AGM notice | compliance | minimal | — | — |
| 11 Sept 2026 · Celebrity Fashions 37th AGM notice published, set for Sep 30 2026 | compliance | minimal | — | — |
| 8 Sept 2026 · Book Closure for 37th AGM - Sep 23 to Sep 30, 2026 | corporate actions | low | — | — |
| 8 Sept 2026 · Celebrity Fashions files FY25-26 Annual Report and 37th AGM Notice | board shareholder meetings | medium | — | — |
| 8 Sept 2026 · Celebrity Fashions 37th AGM notice and FY26 Annual Report filed | board shareholder meetings | medium | — | — |
| 5 Aug 2026 · Celebrity Fashions publishes Q1FY27 un-audited results in newspapers | compliance | minimal | — | — |
| 1 Aug 2026 · Q1 FY27 Results: Revenue Down 35%, Loss Narrows to Rs 2.37 Cr | results | high | — | — |
| 28 Jul 2026 · Board Meeting on Aug 1 to Consider Q1 FY27 Results | results | low | — | — |
| 10 Jul 2026 · RTA confirmation on share dematerialization for quarter ended June 2026 | compliance | minimal | — | — |
| 26 Jun 2026 · Trading window closure from July 1, 2026 ahead of Q1 results | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | 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 |
| 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/B | 4.6 | 1.6 | 31 of 35 | 12% |
| ROCE | (62.8) | 8.4 | 44 of 44 | 0% |
| ROE | (163.4) | 5.8 | 37 of 37 | 0% |
| Debt / Equity | 5.3 | 0.3 | 37 of 37 | 0% |
| EBITDA margin | (0.5) | 10.4 | 31 of 35 | 12% |
| Revenue growth | (35.0) | 7.9 | 34 of 37 | 8% |
| Profit growth | 64.8 | 6.8 | 7 of 37 | 83% |
| Market cap | 44 | 158 | 34 of 44 | 23% |
| 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.
