Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended 30th June, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results and Statement of Deviation
Audit Opinion:
Clean - No modifications. The independent auditors (Fadnis & Gupte LLP) issued an unmodified limited review report stating that nothing came to their attention causing them to believe the financial results contain material misstatements.
Auditor’s Comment:
No qualifications or adverse comments affecting earnings quality, internal controls, or going concern. For the consolidated results, the auditors noted reliance on the unaudited financial information of associate company 7E Wellness India Private Limited, which was reviewed by its own auditors and deemed not material to the group.
Key Financial Highlights [Rs. in Lacs]:
Standalone Results:
Revenue from Operations: 7,956.55 (Q1 FY27) vs 7,169.32 (Q1 FY26) - 11.0% YoY increase
Total Income: 8,070.34 (Q1 FY27) vs 7,225.92 (Q1 FY26)
EBITDA: Not explicitly disclosed
Net Profit: (290.24) loss (Q1 FY27) vs (271.59) loss (Q1 FY26) - 6.9% deterioration
EPS: (2.33) basic (Q1 FY27) vs (2.19) basic (Q1 FY26)
Other Equity: Not specified for current quarter
Cash and Cash Equivalents: Not disclosed
Debt: Not explicitly disclosed
Consolidated Results:
Revenue from Operations: Not explicitly tabulated but expenses suggest similar revenue base
Total Income: Not explicitly tabulated
EBITDA: Not explicitly disclosed
Net Profit: (283.14) loss (Q1 FY27) vs (271.59) loss (Q1 FY26)
EPS: (2.27) basic (Q1 FY27) vs (2.19) basic (Q1 FY26)
Other Equity: Not specified for current quarter
Cash and Cash Equivalents: Not disclosed
Debt: Not explicitly disclosed
Expense Analysis [Standalone, Rs. in Lacs]:
Cost of Material Consumed: 1,193.09 (Q1 FY27) vs 547.90 (Q1 FY26) - 117.8% increase
Purchase of stock-in-trade: 2,385.62 (Q1 FY27) vs 3,178.54 (Q1 FY26) - 24.9% decrease
Changes in inventories: 234.86 (Q1 FY27) vs (393.48) (Q1 FY26)
Employee benefit expenses: 1,222.04 (Q1 FY27) vs 1,189.34 (Q1 FY26) - 2.7% increase
Finance Cost: 454.27 (Q1 FY27) vs 331.73 (Q1 FY26) - 36.9% increase
Depreciation and amortization: 395.24 (Q1 FY27) vs 330.05 (Q1 FY26) - 19.8% increase
Other expenses: 2,501.01 (Q1 FY27) vs 2,347.06 (Q1 FY26) - 6.6% increase
Segment-wise Performance:
The company has identified "Travel Gear and fashion lifestyle accessories" as its single reportable operating segment for both standalone and consolidated financial statements.
Corporate Actions:
No dividend declarations, share splits, bonus issues, buybacks, or capital raising activities announced in this board meeting.
Fund Utilization Details:
Date of Raising Funds: 23.09.2025
Amount Raised: ₹9,74,89,500 (₹7,49,89,500 + ₹2,25,00,000)
Purpose: Working Capital, Expansion of Manufacturing Facility, Investment in Brand Building & Acquiring New Brands
Utilized Amount: ₹9,74,48,990.12
Monitoring Agency: Not Applicable
Deviation/Variation: No
Audit Committee Comments: No comment
Auditors Comments: No comments from auditors
Other Significant Information:
The company issued 6,10,000 share warrants convertible into equivalent equity shares to the promoter's group at Rs. 527.80 per warrant on September 23, 2025.
The consolidated financial results include Brand Concepts Limited and its associate entity 7E Wellness India Private Limited.
The group's share of net loss after tax of the associate was Rs. 8.57 lakhs for the quarter ended June 30, 2026.