Lorenzini Apparels Ltd
NSE: LAL · Garments & Apparels · sector
₹8.59NSE close 2026-10-26
Key numbers
Market cap₹148 cr
Price₹8.59
52w high / low₹11 / ₹6
P/E26.9xSector median 15.0x
P/B2.9xSector median 1.5x
Book value₹3.0
Dividend yield–Sector median 0.84%
ROE11.2%Sector median 10.6%
ROCE11.8%Sector median 9.9%
OPM10.6%Sector median 8.6%
Debt / equity0.38xSector median 0.33x
EV/EBITDA19.0xSector median 9.3x
Interest cover6.0x
Current ratio2.43x
Sales growth 3y+18.5%Sector median +6.2%
Profit growth 3y+20.0%Sector median +11.5%
PEG1.69x
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 43 companies in Garments & Apparels (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹7 cr vs borrowings ₹20 cr (FY26): borrowings are higher by ₹13 cr.
- Operating profit covered interest 6.0x in the last 12 months.
- Operating cash flow was below net profit in 4 of the last 4 years (FY26, FY25, FY24, FY23).
- Net loss in 2 of the last 8 quarters.
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 23% of net profit in the last 12 months.
- Debtor days went from 78 (FY24) to 100 (FY26).
- No dividend in the last 4 financial years.
- Price ₹8.59 on 2026-10-26: -22.1% from the 52-week high, +54.5% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹32.61 · low ₹6.03
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 13 | 21 | 14 | 9 | 17 | 21 | 26 | 17 |
| EBITDA | 2 | 4 | 0 | 0 | 1 | 2 | 4 | 2 |
| OPM % | 13.8% | 19.9% | 2.5% | 5.0% | 4.5% | 9.1% | 16.1% | 10.2% |
| Other income | 15 | -8 | -5 | 2 | 2 | -0 | -2 | 2 |
| Net profit | 12 | -2 | -7 | 1 | 1 | 1 | 1 | 2 |
| EPS (₹) | 0.70 | 0.09 | -0.38 | 0.06 | 0.08 | 0.06 | 0.05 | 0.13 |
| Revenue YoY | +30.8% | -2.5% | +85.1% | +81.6% | ||||
| Profit YoY | -88.3% | – | – | +126.0% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|
| Revenue | 44 | 55 | 63 | 73 | 80 |
| EBITDA | 8 | 10 | 8 | 7 | 8 |
| Net profit | 3 | 5 | 6 | 4 | 6 |
| EPS (₹) | 0.16 | 0.34 | 0.34 | 0.25 | 0.32 |
| Revenue growth | +25.1% | +15.8% | +14.7% | +39.7% | |
| Profit growth | +110.3% | +10.2% | -25.5% | +12.4% | |
| Dividend / share (₹) | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +18.5% | – | +39.7% |
| Net profit | +20.0% | – | +12.4% |
| EPS | +15.9% | – | – |
| Share price | – | -39.3% (2y) | -18.5% |
Balance sheet
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Shareholders' equity | 15 | 26 | 48 | 52 |
| Borrowings | 11 | 16 | 8 | 20 |
| Cash & equivalents | 1 | 10 | 14 | 7 |
| Total assets | 42 | 62 | 73 | 88 |
| Fixed assets | 8 | 6 | 4 | 7 |
| Capital work in progress | 0 | 0 | – | – |
| Investments | 0 | 0 | 0 | 1 |
| Receivables | 9 | 12 | 11 | 20 |
| Inventory | 23 | 32 | 40 | 49 |
| Payables | 8 | 10 | 7 | 9 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Cash from operations | 2 | 2 | -5 | -14 |
| Cash from investing | -1 | -9 | -3 | 4 |
| Cash from financing | -1 | 7 | 8 | 10 |
| Capex | 1 | 1 | 0 | 5 |
| Free cash flow | 1 | 1 | -5 | -19 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ROE % | 16.4% | 20.4% | 12.3% | 8.4% |
| ROCE % | 19.2% | 20.6% | 15.9% | 10.0% |
| Debtor days | 72 | 78 | 66 | 100 |
| Inventory days | 353 | 350 | 361 | 348 |
| Payable days | 120 | 109 | 66 | 66 |
| Cash conversion cycle (days) | 305 | 319 | 361 | 382 |
| Working capital days | 121 | 157 | 260 | 233 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 56.17% |
| FIIs | 0.41% |
| Public (non-institutions) | 43.42% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 57.07% | 56.17% | 56.17% | 56.17% | 56.17% | 56.17% | 56.17% | 56.17% |
| Promoter group | % |
|---|---|
| Sandeep Jain | 52.41% |
| Parveen Jain | 3.76% |
| Sandeep Jain HUF | 0.00% |
| Public holders above 1% | % |
|---|---|
| Anshul Singh | 4.80% |
| Justride Enterprises Limited | 2.61% |
| Chillypot Trading Private | 2.21% |
| Pearl Dealers Private Limited | 2.21% |
| Hemant Arora | 1.70% |
| Chaubara Eats Private Limited | 1.53% |
| Sambhav Garg | 1.52% |
| Vistaar Trading Service Private Limited | 1.45% |
| ONE Tree Hill Properties | 1.33% |
| Orchard Road Properties | 1.33% |
| Mohinder Rustagi | 1.13% |
16,405 shareholders. Pledged: – of promoter shares.
Peers in Garments & Apparels
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| PAGEIND | ₹37,823 cr | 50.0x | 25.2x | 52.0% | 70.2% | 20.8% | +3.1% | 1.77% |
| ARVIND | ₹12,646 cr | 30.5x | 3.1x | 10.6% | 14.2% | 10.5% | +3.5% | 0.82% |
| PGIL | ₹11,177 cr | 36.0x | 7.7x | 23.7% | 21.2% | 9.6% | +16.7% | 0.54% |
| GOKEX | ₹4,743 cr | 46.0x | 2.2x | 4.9% | 8.9% | 8.8% | +21.5% | – |
| LUXIND | ₹3,206 cr | 30.1x | 1.8x | 5.7% | 7.5% | 6.2% | +7.2% | 0.05% |
| SBC | ₹3,034 cr | 75.0x | 30.3x | 47.3% | 15.2% | 8.6% | +27.2% | – |
| KKCL | ₹2,604 cr | 17.6x | 2.8x | 16.8% | 22.9% | 19.9% | +15.9% | 0.96% |
| KITEX | ₹2,206 cr | – | 2.1x | -2.8% | 1.0% | 3.5% | +6.2% | 0.45% |
| SPAL | ₹2,085 cr | 19.8x | 2.2x | 11.7% | 14.3% | 14.1% | +13.6% | 0.24% |
| LAL | ₹148 cr | 26.9x | 2.9x | 11.2% | 11.8% | 10.6% | +18.5% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-23 | Other | Annual General Meeting |
| 2024-03-28 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share |
| 2024-03-28 | Bonus | Bonus 6:11 |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Garments & Apparels |
| Sub-industry | Garments & Apparels |
| Symbol | LAL |
| BSE code | 540952 |
| ISIN | INE740X01023 |
| Face value | ₹1.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.