E-Land Apparel Ltd.
Snapshot View

4.68 -0.24 ▼-4.9%

04 August 2021, 04:00:00 P.M.
Volume: 8,539

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile Compare with Industry peers
Website http://www.mudralifestyle.com
Financial Indicators
Market Cap 23.61 Cr.
Earnings per share (EPS) -11.04 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 24.57 Trailing Twelve Months Ending 2021-03
Book Value / Share -87.30 Trailing Twelve Months Ending 2021-03
Price to Book Value -0.06 Calculated using Price: 4.92
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 4.80 Cr. 47,990,469 Shares
FaceValue 10
Company Profile

Mudra Lifestyle Limited, a Mudra group company was originally incorporated as Bombay Fine Fabrics Private Limited on March 31, 1997. The name of the company was changed to Mudra Textiles Private Limited with effect from October 10, 2001, to Mudra Textile Limited with effect from. December 1, 2005 and was further changed to Mudra Lifestyle Limited on December 2, 2005.

Murarilal B Agrawal, Ravindra B Agarwal,and Vishwambharlal K Bhoot are the founders of the Mudra group. The group started its business in 1986 in women fabric. In 1997 Mudra Lifestyle was incorporated to carry on the same business. In October 2004, with a view to consolidate business of the Group, East Coast Polytex, a Partnership Firm in the Group engaged in the business of weaving and two other Partnership Firms viz Mudra Exports (India) and Mudra Impex engaged in the business of Garmenting were taken over by Mudra Lifestyle Limited. Further w.e.f April 01, 2005 Picanova Fabrics Private Limited, Mudra Synthetics Private Limited and Venus Processors Private Limited were amalgamated with the Company.

Mudra Lifestyle Limited  made an Initial Public Offer of 9,580,000 equity shares ef Rs. 10 each at a premium of Rs. 88 per share i.e. at a price of Rs. 90 per share for cash aggregating Rs 862.20 million comprising reservation of 4,79,000 equity shares for eligible employees an a competitive basis. Net offer to the public of 9,101,880 equity shares. The Issue opened for subscription on February 8, 2007 and closed for subscription on February 14, 2007.

Mudra Lifestyle boasts of one of the most modern processing and finishing houses in India. We have facilities spread over 9 units. Its state-of-art machinery includes Sulzer, Picanol, Rapier, Vematex & Somet looms. It also has two computer aided design studios to develop numerous designs every day. It has the installed capacity to weave over 12 million metres of grey cloth, process around 30 million metres of grey fabric and make over 1.5 million pieces of garments.

At present the company has 177 automatic looms producing approximately 10.62 million meters of woven fabric per annum and 700 sewing machines with production capacity of 3.15 million garments per annum. Our manufacturing facilities, having area of around 165,888 square feet, are spread across five locations at Bhiwandi (Kalher and Sonale) in Thane district, Bangalore, Daman and Navi Mumbai. Manufacturing facilities are fully backed by the facilities for product development, design studio and efficient sampling infrastructure to provide quality services to its customers in India and abroad.

Product range of the company include:

  • Finished fabric- Mudra Lifestyle develops trendiest designs of fabrics for Shirtings and suitings at its state of the art design studio. The fabrics are then woven using most modern technologies and undergo specialised treatments and processes to provide durability and comfort to the wearer.  It develops trendiest designs of fabrics for shirts, skirts and women's dresses at its state of the art design studio. Special attention is paid to see that kid's fabrics are made durable to withstand the tough wear & tear. 
  • Garments  - Mens Wear -Shirts  - Ladies Wear – Tops, Skirts  - Kids Wear

Different divisions of the company:

  • Weaving Unit- With the use of advanced and sophisticated weaving procedures, Mudra has an excellent translation result of fibre into fabric. The units are equipped with state-of-the-art Sulzer Projectiles, Picanol, Rapier and Vamatex Looms with Electronic Dobby ideally located within the vicinity of Mumbai.
  • Processing Unit- Processing includes Grey Inspection, Singeing, Desizing, Mercerization, Continuous Bleaching, Stenter Finishing, Sanforizing, Calendering, Folding and Quality Inspection. Mudra’s multi-dimensional processing capability begins with quality dyeing, processing and finishing of yarn with a wide range of finishes like Teflon, Hydro-phobic, Hydro-philic, Brushing & Peaching. Mudra’s well-equipped plant can handle upto 2.4 million meters per month of dyeing and finishing of cotton and blenched fabric.
  • Readymades- Mudra has entered into the segment of Garment manufacturing with the aim to integrate its activities. It has garment manufacturing plants in Bangalore and Daman, India. The unit houses has high-tech automated machines, which includes automatic cutting, steam ironing, fusing, high-tech stitching, inter-locking and button stitching for complete garment processing. With an annual capacity of 3.15 million garments, Mudra offers high quality garments for buyers in over 30 countries worldwide. It caters to national brands like Raymonds and Arvind Mills. Some of the international houses Mudra is associated with are Wal-Mart and its brands, like Weekends, George, Non stop, Metropolis and other brands like Tricos, American Juliet & Liver Pool.

Milestones of the company:

  • 1986 The Group commenced the business of woven fabric
  • 1993 East Coast Polytex was formed to start manufacturing facilities for woven fabric at Daman
  • 1997 Mudra Exports (India) was formed to export woven fabric and garment. Mudra Lifestyle Limited was incorporated for undertaking business of woven fabrics.         Mudra Synthetics Private Limited was incorporated for undertaking business of woven fabrics at Sonale in Thane District.
  • 1998 Picanova Fabrics Private Limited was incorporated for undertaking business of woven fabrics at Sonale in Thane District.
  • 2001 Mudra Impex was formed to start manufacturing facilities for garment at Daman and export the same. Acquisition of Venus Processors Private Limited engaged in Processing, printing and dyeing.
  • 2004 Takeover of partnership firms by Mudra Lifestyle LimitedStart of Garmenting Unit at Bangalore.
  • 2005 Awarded contract to Gherzi Eastern Limited for technical appraisal of the Expansion Project
  • 2006 Consolidation of group companies. The company sales cross Rs. 100 crore

Recent developments

Mudra Lifestyle’s weaving division's Mega Expansion Project (Phase I) has been completed and has commenced operation from March 19, 2009. The company has also started the work on Phase II of the project, including the civil work for Phase II, which will be operative in the month of September 2009.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-4.88%
1 Week
+9.86%
1 Month
+7.83%
3 Month
+12.23%
6 Month
-9.83%
1 Year
+29.64%
2 Year
-29.52%
5 Year
-86.11%
9 years 2012-09 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) -475.81
Return on Capital Employed (%) -46.71 -4.79 0.72 -6.03 -12.84 -69.20
Return on Assets (%) -44.83 -8.40 -2.99 -16.37 -9.01 -46.29 -58.78 -36.60 -44.75

Balance Sheet View Details

Particulars 9 years 2012-09 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 9 -48 -108 -164 -186 -98 -235 -306 -359
Non Curr. Liab. 438 448 278 298 296 155 303 386 443
Curr. Liab. 231 237 84 89 81 98 43 36 34
Minority Int.
Equity & Liab. 678 637 254 223 191 155 112 115 119
Non Curr. Assets 468 458 66 57 65 54 51 50 73
Curr. Assets 210 179 188 166 126 101 61 65 46
Misc. Exp. not W/O
Total Assets 678 637 254 223 191 155 112 115 119

Profit Loss View Details

Particulars 9 years 2012-09 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 309 130 322 175 235 215 184 172 149
Other Income 5 4 17 7 4 1 5 4 3
Total Income 314 134 339 182 239 216 188 176 152
Total Expenditure -544 -145 -391 -202 -251 -259 -206 -176 -152
PBIDT -230 -11 -53 -21 -12 -42 -18 0 0
Interest -69 -28 -37 -4 -4 -34 -22 -39 -48
Depreciation -41 -12 -25 -3 -3 -4 -2 -2 -4
Taxation 13 -3 21 -26
Exceptional Items 80 14 -36
PAT -328 -55 -13 -39 -19 -80 -78 -42 -52

Cash Flow View Details

Particulars 9 years 2012-09 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -191 -48 -48 -22 -3 62 222 18 14
Cash Fr. Inv. 8 -1 350 43 9 9 17 10 -18
Cash Fr. Finan. 218 -11 -304 -11 -19 -69 -241 -25 -1
Net Change 35 -60 -2 9 -12 2 -1 3 -4
Cash & Cash Eqvt 68 7 6 15 3 5 4 7 2

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 65.84 65.84 65.84 65.84 65.84 65.84 65.84 65.84 65.84
Public 34.16 34.16 34.16 34.16 34.16 34.16 34.16 34.16 34.16
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Sat, 17 Jul 2021
Shareholding for the Period Ended June 30 2021
E-Land Apparel Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Fri, 16 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Dear Sir/Madam
In accordance with Regulation 74 (5) of the SEBI (Depositories and Participants) Regulations 2018 for the quarter ended June 30 2021 based on the certificate received from Big Share Services Private Limited (RTA) which is enclosed herewith we hereby confirm that within 15 days of receipt of the securities received for dematerialization that:
a) The securities comprised in the said Certificate(s) of Security have been listed on the Stock Exchanges; and
b) The said Certificate (s) after due verification have been mutilated and cancelled and the name of the depository has been substituted in our records as the registered owner.
Kindly take the same on your records
Wed, 14 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- Jaeho Song
Designation :- Managing Director / Whole Time Director

Technical Scans View Details

Tue, 03 Aug 2021
High Delivery Percentage High Delivery Percentage
Making Higher Highs for 3 days Making Higher Highs for 3 days
Closing Near 200 SMA Closing Near 200 SMA
Mon, 02 Aug 2021
High Delivery Percentage High Delivery Percentage
Close Crossing Last Month Close From Below Close Crossing Last Month Close From Below

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Page Industries Ltd. 36,766.24 32,760.50 -0.5%
Welspun India Ltd. 14,101.32 135.50 -3.6%
K.P.R. Mill Ltd. 13,617.50 1,986.20 +0.4%
Lux Industries Ltd. 12,712.05 4,175.00 -1.2%
Alok Industries Ltd. 12,065.53 23.70 -2.7%
Trident Ltd. 10,854.39 22.30 +4.7%
Vardhman Textiles Ltd. 10,805.72 1,967.30 +4.6%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Page Industries Ltd. Standalone 2021-03 107.95 32,760.50 -0.5%
Welspun India Ltd. Consolidated 2021-06 19.91 135.50 -3.6%
K.P.R. Mill Ltd. Consolidated 2021-06 21.86 1,986.20 +0.4%
Lux Industries Ltd. Consolidated 2021-06 48.49 4,175.00 -1.2%
Alok Industries Ltd. Consolidated 2021-06 2.90 23.70 -2.7%
Trident Ltd. Consolidated 2021-03 35.66 22.30 +4.7%
Vardhman Textiles Ltd. Consolidated 2021-06 13.70 1,967.30 +4.6%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Page Industries Ltd. Standalone 2021-03 41.55 32,760.50 -0.5%
Welspun India Ltd. Consolidated 2021-06 3.65 135.50 -3.6%
K.P.R. Mill Ltd. Consolidated 2021-06 5.41 1,986.20 +0.4%
Lux Industries Ltd. Consolidated 2021-06 11.89 4,175.00 -1.2%
Alok Industries Ltd. Consolidated 2021-06 -0.68 23.70 -2.7%
Trident Ltd. Consolidated 2021-03 3.26 22.30 +4.7%
Vardhman Textiles Ltd. Consolidated 2021-06 1.59 1,967.30 +4.6%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Page Industries Ltd. Standalone 2021-03 0.00 32,760.50 -0.5%
Welspun India Ltd. Consolidated 2020-03 1.16 135.50 -3.6%
K.P.R. Mill Ltd. Consolidated 2020-03 0.42 1,986.20 +0.4%
Lux Industries Ltd. Consolidated 2020-03 0.29 4,175.00 -1.2%
Alok Industries Ltd. Consolidated 2020-03 -2.39 23.70 -2.7%
Trident Ltd. Consolidated 2021-03 0.46 22.30 +4.7%
Vardhman Textiles Ltd. Consolidated 2020-03 0.37 1,967.30 +4.6%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Page Industries Ltd. Standalone 2021-03 39.96 32,760.50 -0.5%
Welspun India Ltd. Consolidated 2020-03 18.23 135.50 -3.6%
K.P.R. Mill Ltd. Consolidated 2020-03 20.61 1,986.20 +0.4%
Lux Industries Ltd. Consolidated 2020-03 27.03 4,175.00 -1.2%
Alok Industries Ltd. Consolidated 2020-03 0.00 23.70 -2.7%
Trident Ltd. Consolidated 2021-03 9.57 22.30 +4.7%
Vardhman Textiles Ltd. Consolidated 2020-03 9.97 1,967.30 +4.6%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Page Industries Ltd. Standalone 2021-03 55.51 32,760.50 -0.5%
Welspun India Ltd. Consolidated 2020-03 13.95 135.50 -3.6%
K.P.R. Mill Ltd. Consolidated 2020-03 19.67 1,986.20 +0.4%
Lux Industries Ltd. Consolidated 2020-03 28.73 4,175.00 -1.2%
Alok Industries Ltd. Consolidated 2020-03 10.23 23.70 -2.7%
Trident Ltd. Consolidated 2021-03 9.55 22.30 +4.7%
Vardhman Textiles Ltd. Consolidated 2020-03 9.65 1,967.30 +4.6%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Page Industries Ltd. Standalone 2021-03 2,832.96 32,760.50 -0.5%
Welspun India Ltd. Consolidated 2020-03 6,741.09 135.50 -3.6%
K.P.R. Mill Ltd. Consolidated 2020-03 3,352.63 1,986.20 +0.4%
Lux Industries Ltd. Consolidated 2020-03 1,206.13 4,175.00 -1.2%
Alok Industries Ltd. Consolidated 2020-03 3,328.79 23.70 -2.7%
Trident Ltd. Consolidated 2021-03 4,530.62 22.30 +4.7%
Vardhman Textiles Ltd. Consolidated 2020-03 6,735.00 1,967.30 +4.6%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Page Industries Ltd. Standalone 2021-03 340.58 32,760.50 -0.5%
Welspun India Ltd. Consolidated 2020-03 524.36 135.50 -3.6%
K.P.R. Mill Ltd. Consolidated 2020-03 376.68 1,986.20 +0.4%
Lux Industries Ltd. Consolidated 2020-03 122.48 4,175.00 -1.2%
Alok Industries Ltd. Consolidated 2020-03 1,311.22 23.70 -2.7%
Trident Ltd. Consolidated 2021-03 303.80 22.30 +4.7%
Vardhman Textiles Ltd. Consolidated 2020-03 578.83 1,967.30 +4.6%