Financial Performance Highlights (Q1 FY27)

  • Revenue: ₹14,204 million, representing 7.9% year-over-year growth
  • Sales Volume: 61.2 million pieces, growing 5.7% YoY
  • EBITDA: ₹2,890 million with margin of 20.3%
  • Profit Before Tax (PBT): ₹2,586 million with margin of 18.2%
  • Profit After Tax (PAT): ₹1,928 million with margin of 13.6%

Comparative Financial Performance

| Metric | Q1FY27 | Q4FY26 | Q1FY26 | YoY Change |

| Revenue | ₹14,204M | ₹12,526M | ₹13,166M | +7.9% |

| EBITDA Margin | 20.3% | 20.8% | 22.4% | -210 bps |

| PBT Margin | 18.2% | 19.0% | 20.5% | -230 bps |

| PAT Margin | 13.6% | 14.3% | 15.3% | -170 bps |

Management Commentary

Mr. V.S. Ganesh, Managing Director, stated that the company delivered steady revenue growth of 7.9% in Q1 FY27 and maintained strong profit margins. He noted encouraging consumer demand trends, positive acceptance of product enhancements and new product lines, and focused operational excellence initiatives.

Operational Challenges

  • Input costs, particularly cotton and synthetic products, witnessed temporary inflation
  • Short-term logistics disruptions affected ability to fully service demand
  • Company absorbed meaningful part of input cost inflation through strategic sourcing and supply chain initiatives

Business Outlook

Consumer demand is expected to remain strong through the year, supported by encouraging market trends and continued brand relevance. Newer product lines, particularly for younger consumers, are planned to address evolving preferences. Focus on operational excellence, digitalization across key value streams, and gradual ramp-up of new production facilities is expected to enhance efficiency and long-term growth.

Manufacturing Capabilities

  • 16 manufacturing units across 2.9 million sq ft
  • Facilities located in Karnataka (14), Tamil Nadu (1), and Odisha (1)
  • 64% in-house manufacturing capacity
  • Total production capacity: 280 million pieces
  • New facilities at Orissa and KR Pet are scaling up progressively

Market Coverage & Distribution

  • Presence in 2,732 cities & towns
  • 115,208 Multi Brand Outlets
  • 1,604 Exclusive Brand Stores (including 29 Exclusive Woman stores, 33 Exclusive Juniors stores, 35 Factory Outlets)
  • 930 Large Format Stores with 1,390 points of sale
  • 3,989 distributor accounts
  • 759 team strength

Digital and Social Media Reach

Digital transformation journey advancing with work on core ERP, distribution management system, and HRMS platform ongoing.

Brand Portfolio

  • Exclusive licensee of JOCKEY International Inc. for India, Sri Lanka, Bangladesh, Nepal, Oman, Qatar, Maldives, Bhutan, UAE, Saudi Arabia, Kuwait, and Bahrain
  • Exclusive licensee of Speedo (Pentland Group) for India
  • Speedo brand available in 663 stores and 36 EBOs across 150+ cities

Sustainability Initiatives

  • 7th Sustainability Report published
  • Renewable energy reached 33% of total consumption
  • Scope 1 & 2 GHG intensity declined to 5.42 tCO₂e per million minutes produced (42% reduction from FY 2019-20 base year)
  • Achieved zero waste to landfill
  • 80% women employees out of total 21,377 employees

Shareholding Pattern (as of June 2026)

  • Promoters: 42.89%
  • FPI: 18.91%
  • Mutual Funds: 23.70%
  • Insurance Companies and Other DIIs: 5.69%
  • Others (incl. SWF, pension funds): 8.81%
  • Market Capitalization: approximately ₹462 billion