BSE: 544437
MARC LOIRE FASHIONS LIMITED
Marc Loire Fashions Limited is a footwear business that sells shoes through its own Exclusive Brand Outlets (EBOs) and conducts related-party purchase and sale of goods with three entities — Akash Overseas, Daresouls Private Limited, and Toobs Fashion Private Limited. The company listed on the BSE SME platform in July 2025 via an IPO of 21 lakh shares at Rs. 100, raising Rs. 2,100 lakhs, of which Rs. 526.88 lakhs was earmarked for opening 15 new EBOs and Rs. 935.22 lakhs for working capital. It has so far opened at least one new store at Majlis Park, Adarsh Nagar, Delhi (January 2026) and closed a Faridabad store (April 2026), leaving it with 3 operational stores. FY26 revenue from operations was Rs. 3,539.41 lakhs, down 16.2% from Rs. 4,225.74 lakhs in FY25, with the company reporting a 62.3% drop in profit after tax to Rs. 177.20 lakhs; operating cash flow turned negative at Rs. -1,286.95 lakhs and inventories nearly doubled to Rs. 1,900.89 lakhs. The cost structure shows employee cost at 3.1% of revenue and other operating expenses at 40.1% of revenue, with no material cost line disclosed separately. Unutilised IPO funds of Rs. 579.52 lakhs sit in escrow accounts and zero coupon bonds as of March 2026. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Footwear sales through own Exclusive Brand Outlets (EBOs), Sale and purchase of goods with related parties. Small, asset-light footwear retailer and wholesaler on BSE SME, in post-IPO retail expansion phase.
Exhibit 1: Financial summary, FY26–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY26 |
|---|---|
| Revenue | 35 |
| EBITDA (ex other income) | — |
| margin % | — |
| Owners' profit | — |
| EPS, as reported (₹) | 0.02 |
| ROE % · ROCE % | — · 7.5 |
| Debt / equity (x) | — |
| Cash from operations | (13) |
| Capex | (1) |
Exhibit 2: Quarterly performance, last 2 quarters
| ₹ crore | Q2 FY26 | Q4 FY26 |
|---|---|---|
| Revenue | 15 | 20 |
| Profit before tax | 2 | 1 |
| Net profit | — | — |
| EPS (₹) | 0.02 | 0.01 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| METRO BRANDS LIMITED | 22,682 | 55.8 | 11.19 | 23.3 | 20.5 | 16.3 | — | 33.4 |
| BATA INDIA LTD | 8,727 | 59.7 | 5.47 | 11.8 | 8.4 | 6.5 | 15.5 | 22.7 |
| RELAXO FOOT LTD. | 6,994 | 37.7 | 3.17 | — | 8.1 | 9.9 | — | 17.2 |
| REDTAPE LIMITED | 5,749 | 23.4 | 5.63 | 12.8 | 23.6 | 24.3 | — | 20.5 |
| CAMPUS ACTIVEWEAR LIMITED | 5,624 | 108.9 | 13.15 | 23.8 | 25.2 | 29.5 | — | 18.4 |
| SREELEATHERS LIMITED | 602 | 18.4 | 1.21 | — | 5.8 | 7.5 | — | 16.3 |
| LIBERTY SHOES LTD | 332 | 38.7 | 1.42 | — | 4.8 | 4.3 | — | 7.9 |
| LEHAR FOOTWEARS LIMITED | 307 | 14.7 | 2.32 | — | 15.7 | 19.3 | — | 8.9 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 1392.3 | 47.2 | 10 of 10 | 0% |
| ROCE | 7.2 | 7.5 | 7 of 11 | 40% |
| Market cap | 30 | 3113 | 10 of 10 | 0% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 21 Oct 2026 · Quarterly Share Capital Reconciliation filed for Sep 2026 | compliance | minimal | — | — |
| 16 Oct 2026 · Marc Loire Fashions Reports Zero Investor Complaints in Q2 FY27 | compliance | minimal | — | — |
| 16 Oct 2026 · RTA confirmation certificate submitted under SEBI Reg 74(5) for Q2 FY26-27 | compliance | minimal | — | — |
| 12 Oct 2026 · Authorised share capital raised from Rs 8 crore to Rs 20 crore | corporate actions | medium | — | — |
| 12 Oct 2026 · Authorised Share Capital increased from Rs 8 crore to Rs 20 crore | corporate actions | medium | — | — |
| 12 Oct 2026 · EGM approves increase in authorised share capital with 100 percent votes in favour | board shareholder meetings | low | — | — |
| 10 Oct 2026 · EGM held to approve increase in authorised share capital to Rs 20 crore | board shareholder meetings | medium | — | — |
| 9 Oct 2026 · New Company Secretary appointed after predecessor's exit | management changes | medium | — | — |
| 9 Oct 2026 · Company Secretary change at Marc Loire | management changes | medium | — | — |
| 7 Oct 2026 · Company Secretary and Compliance Officer resigns | management changes | medium | — | — |
How to read this document
| 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 |
| 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 |
Sources, method and disclosures
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.