Lovable Lingerie Ltd.
Snapshot View

119.50 -6.25 ▼-5.0%

04 August 2021, 04:00:00 P.M.
Volume: 7,337

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile Compare with Industry peers
Website http://www.lovableindia.in
Financial Indicators
Market Cap 176.86 Cr.
Earnings per share (EPS) 0.45 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 263.97 Trailing Twelve Months Ending 2021-03
Industry PE 23.94 Trailing Twelve Months Ending 2021-03
Book Value / Share 113.37 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.05 Calculated using Price: 119.50
Dividend Yield 0.42 Period Ending 2020-03
No. of Shares Subscribed 1.48 Cr. 14,800,000 Shares
FaceValue 10
Company Profile

Lovable Lingerie Limited was originally incorporated as Hybo Knit Private Limited on September 29, 1987. The name of the company was subsequently changed to Lovable Lingerie Private Limited on November 30, 1995 and changed to public limited company pursuant to the special resolution passed by the members of the company on February 8, 2010. The company has filed an application with the RoC dated August 21, 2010 for rectification of the company’s name from “Lovable Lingeries Limited” to “Lovable Lingerie Limited”. From the date of commencement of commercial operations of the company, the production capacity of the company has increased from an initial installed capacity of 70,000 pieces per annum to manufacture brassieres and panties to 67.50 lacs pieces per annum to manufacture brassieres and panties. Its registered office and corporate office is located at A - 46, Street No. 2, MIDC, Andheri (East), Mumbai - 400 093, Maharashtra, India.

Business profile:

Lovable Lingerie Limited is one of India’s leading women’s innerwear manufacturers. Its products include brassieres, panties, slips / camisoles, home wear, shape wear, foundation garments and sleepwear products. On December 26, 1995, the company was licensed the brand “Lovable” from Lovable World Trading Company, USA. Subsequently, by an agreement dated December 23, 2000, the company acquired the brand “Lovable” from Lovable World Trading Company, USA on an exclusive basis for the territories of India, Nepal, Sikkim and Bhutan. The innerwear products manufactured under the brand “Lovable” cater to the premium segment market in India.

Lovable and Daisy Dee are its flagship brands. Its brand Lovable is amongst the top three most preferred brand in women’s innerwear in India. As part of its growth strategy, the company has diversified their portfolio of brands and acquired brands like “Daisy Dee” from Maxwell Industries Limited through a memorandum of understanding dated March 18, 2004 to cater the mid segment market in India and also acquired the brand “College Style” from Levitus Trading Limited, Hong Kong through a deed of assignment dated March 17, 2009 to cater to the young segment of India. The company has also in the past marketed the “Vanity Fair” brand of women’s innerwear garments, which was licensed from VF Corporation Inc., USA.

Milestones

 2010
Conversion of the Company from a private limited company to a public limited company.
 Company established another manufacturing unit in Roorkee, Uttarakhand, which began commercial operations in February 2010.
Company entered into a joint venture agreement dated July 15, 2010 with Lifestyle Galleries of London Limited (UK).
Total installed capacity increased from 60 lac pieces per annum to 67.50 lac pieces per annum.

2009
Company entered into deed of assignment dated March 17, 2009 with Levitus Trading Limited (Hong Kong) to acquire the trademark ‘College Style’.

2007
Management withdrew the scheme of amalgamation with Maxwell Industries Limited
Company discontinued manufacture of products under the ‘Vanity Fair’ brand.

2006
Management approved the scheme of amalgamation with Maxwell Industries Limited
Total installed capacity increased from 50 lac pieces per annum in 2005 to 60 lac pieces per annum in 2006.

2005
The total installed capacity increased from 26 lac pieces in 2004 to 50 lac pieces in 2005.

2004
 Company entered into a memorandum of understanding dated March 18, 2004 with Maxwell Industries Limited to acquire the brand ‘Daisy Dee’ with effect from April 01, 2004.

2002
Company entered into a memorandum of understanding with Vanity Fair, Inc to acquire the license for the brand ‘Vanity Fair’ with effect from July 2002.

2000

Company entered into an agreement with Lovable World Trading Co, Inc. (United States of America) on December 23, 2000, to acquire the ownership of the brands ‘Lovable’ and ‘Celebrity’.

1995
Entered into a license agreement with Lovable World Trading Co, Inc. (United States of America) dated December 26, 1995 whereby our Company was given a non-transferable, non-assignable exclusive license to use the trademarks ‘Lovable’ and ‘Celebrity’ within the territories of India, Nepal, Sikkim and Bhutan, for manufacture and/or distribution and/or sale of all women’s garments including undergarments.
The name of Company was changed from Hybo Knit Private Limited to Lovable Lingerie Private Limited.
Commenced commercial operations by setting up a manufacturing unit in Bengaluru with an installed capacity of 70,000 pieces per annum.

1987
Incorporated as Hybo Knit Private Limited

 

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-4.97%
1 Week
-2.69%
1 Month
+3.02%
3 Month
+35.18%
6 Month
+39.03%
1 Year
+142.15%
2 Year
+91.35%
5 Year
-54.86%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 14.43 11.34 11.62 10.51 11.87 6.01 -1.23 0.49 1.89
Return on Capital Employed (%) 18.47 14.94 15.80 14.22 16.78 8.39 -1.97 1.99 2.41
Return on Assets (%) 12.59 9.52 9.57 8.66 10.11 5.17 -1.05 0.42 1.54

Balance Sheet View Details

Particulars 9 years 2012-03 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 159 174 190 185 205 222 165 165 167
Non Curr. Liab. 2 13 11 9 7 9 9 10 18
Curr. Liab. 24 25 30 31 21 32 17 27 19
Minority Int.
Equity & Liab. 185 211 231 225 234 263 191 202 205
Non Curr. Assets 129 124 146 116 120 144 87 92 90
Curr. Assets 57 88 85 108 114 119 104 110 115
Misc. Exp. not W/O 0
Total Assets 185 211 231 225 234 263 191 202 205

Profit Loss View Details

Particulars 9 years 2012-03 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 133 151 160 172 197 197 176 176 142
Other Income 6 4 7 6 6 7 4 2 1
Total Income 139 156 166 179 203 204 180 178 144
Total Expenditure -110 -128 -132 -148 -166 -178 -167 -168 -136
PBIDT 30 28 34 31 37 26 13 9 7
Interest 0 0 -2 -1 -1 -1 -1 0 0
Depreciation -2 -2 -3 -2 -3 -3 -3 -2 -2
Taxation -6 -7 -8 -7 -9 -5 3 -2 -1
Exceptional Items -4 -14 -4 -2
PAT 22 19 21 20 23 13 -2 1 3

Cash Flow View Details

Particulars 9 years 2012-03 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. 4 13 3 3 8 -1 -1 13 4
Cash Fr. Inv. -15 -14 4 31 2 -11 72 -15 -1
Cash Fr. Finan. 0 3 -6 -35 -8 9 -66 0 7
Net Change -11 1 0 -1 2 -3 4 -3 10
Cash & Cash Eqvt 3 4 3 2 4 1 5 2 12

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 63.85 63.85 63.85 63.95 63.95 63.95 63.95 63.95 63.95
Public 36.15 36.15 36.15 36.05 36.05 36.05 36.05 36.05 36.05
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

Fri, 30 Jul 2021
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
With reference to the captioned subject and in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we would like to inform you that Ms. Divya Shrimali has tendered her resignation from the post of Company Secretary and Compliance Officer of the company due to personal reason.

The Company has accepted her resignation and relieved her from responsibilities w.e.f. close of business hour of 31st July 2021.

You are requested to take the above information on your record.
Sat, 24 Jul 2021
Disclosure Of Related Party Transactions Pursuant To Regulation 23(9) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015.
Pursuant to the Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 please find enclosed herewith disclosure of Related Party Transactions for the half year ended March 31 2020.
Mon, 12 Jul 2021
Announcement under Regulation 30 (LODR)-Strikes /Lockouts / Disturbances
As per the requirement of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 this is to inform you that there was a fire in one of the factories of the Company situated at No.46/2 Guruprasanna Industrial Area Doddakalsandra Post Konanakunte Cross Kanakapura Main Road Bangalore-560062 on Sunday July 11 2021 in the evening. The fire was controlled with the help of the Fire Department but stock of raw materials i.e fabric and machinery got burnt in the fire. Fortunately no casualties have happened.
The stock and machinery was fully insured and the incident is not expected to have any significant impact on the business operations of the Company. The productive capacity is estimated to be resorted in approximately one month.
This is for your information and record.

Technical Scans View Details

Tue, 03 Aug 2021
High Delivery Percentage High Delivery Percentage
Opening at High Opening at High
Close Within 52 Week High Zone Close Within 52 Week High Zone
CCI Overbought Zone CCI Overbought Zone
Mon, 02 Aug 2021
Close Crossing Last Month Close From Below Close Crossing Last Month Close From Below

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