DOLLAR - Dollar Industries Limited Share Price

Textiles & Apparels

₹378.35-2.60(-0.68%)

Market Closed as of Apr 28, 2025, 15:30 IST

What does Dollar Industries Limited do?

Garments & Apparels•Textiles•Small Cap

Dollar Industries Limited manufactures and sells hosiery products in knitted inner wears, casual wears, and thermal wears in India and internationally. The company offers vests, briefs, trunks, gym vests, socks, tank tops, crew necks, polos, henley, bermudas, capri, track pants, and joggers for men; camisoles, panties, leggings, socks, and casual wears for women; and T-shirts, socks, and trousers for children, as well as safety mask and PPE suits. It also operates power generation unit sourced from windmill and solar energies. The company offers its products under the BigBoss, J-Class, Athleisure, Missy, Champion, Force NXT, Force Gowear, Pepe jeans, Lehar, Ultra, Wintercare, and Doller Protect brands. It exports its products in the United Arab Emirates, Oman, Qatar, Kuwait, Bahrain, Yemen, Iraq, Nepal, Myanmar, Nigeria, Jordan, Georgia, Sri Lanka, Somalia, Tanzania, Sudan, Afghanistan, Mozambique, Saudi Arabia, and Kenya. Dollar Industries Limited was founded in 1972 and is headquartered in Kolkata, India.

Industry Group:Textiles & Apparels

Employees:2,160

Website:www.dollarglobal.in

Summary of Latest Earnings Report from Dollar Industries

Summary of Dollar Industries's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

Earnings Outlook

Last updated: Feb 25

The management of Dollar Industries highlighted a positive outlook, emphasizing sustained growth and strategic initiatives. Key points include:

Growth Guidance: Targeting 12"“13% YoY operating income growth for FY '25, with confidence in achieving INR 2,000 crores revenue by FY '26 and EBITDA margins of 13"“14%.
Project Lakshya: Expanded to 315 distributors (from 290 in March '24), contributing 31% of domestic sales (vs. 26% in FY '24). Aims to drive 65"“70% of revenue by FY '26, supported by expansion into Madhya Pradesh, Himachal Pradesh, and Jharkhand.
Segmental Performance:
- Thermal Segment: Grew 46% YoY in Q3, contributing 14% to revenue.
- Force NXT (Premium): 13.8% value growth in Q3.
- E-commerce/Modern Trade: Surpassed FY '26 target (8"“10%) early, contributing 11% of Q3 sales.
Regional Expansion: Southern India's contribution rose to 8.3% (5% YoY growth), bolstered by Mahesh Babu's brand ambassadorship. Targeting 13"“15% share in 2"“3 years.
Financial Metrics:
- Q3 Revenue: INR 381 crores (+14.8% YoY); 9M revenue at INR 1,161 crores (+8.3%).
- Margins: Gross margin expanded 172 bps YoY to 35.6% in Q3; EBITDA margin improved 109 bps to 10.9%.
- PAT: INR 20 crores (+12.8% YoY) in Q3.
Sustainability & Debt: Renewable energy capacity reached 8 MW; plans to add 2"“3 MW more. Targeting debt-free status by FY '27 through improved working capital (targeting 135"“140 days by FY '27) and operational efficiencies.
New Verticals: Rainwear (+90% YoY in 9M) and women's segment (8.2% contribution) showing strong potential.

Management remains focused on premiumization, expanding distribution, and leveraging digital channels for long-term growth.

Q&A Session

Last updated: Feb 25

Question 1: Sir, my first question is on working capital. So if you look at the revenue coming in from the Lakshya areas, it has increased from 26% to almost 31% on a Y-o-Y basis. However, the working capital days have increased from 155 to 171 days. So just wanted some clarification on this plan?

Answer: The rise in working capital days is due to seasonal inventory buildup for Q2/Q3 summer demand and pre-stocking for Q4. Inventory days are expected to normalize by FY25 year-end, reducing the working capital cycle. Debtor days remain stable, and Project Lakshya's expansion (lower receivables vs. non-Lakshya distributors) will improve cash flow over time.

Question 2: Secondly, in the Lakshya area, is it possible to quantify at what gross and EBITDA margins would we be operating?

Answer: Margins for Project Lakshya are comparable to non-Lakshya segments at the company level. No significant difference in EBITDA or gross margins exists, as revenue contribution patterns align with existing operations.

Question 3: And lastly, any guidance you would want to give for next year?

Answer: Guidance for FY25 is 12"“13% revenue growth and ~11% EBITDA. For FY26, the target is INR 2,000 crore revenue with EBITDA margins of 13"“14%, driven by Project Lakshya expansion, premiumization, and e-commerce growth.

Question 4: So we are planning to go from around 31% revenue contribution to 70% in 15 months. Is there some more guidance you can provide on how the company will achieve it given that it is more than doubling in a very short span of time and seems, in a way, ambitious?

Answer: Project Lakshya's rapid scale-up will involve hiring a dedicated business head, onboarding new distributors, and expanding into Madhya Pradesh, Himachal Pradesh, and Jharkhand. By FY26, 65"“70% revenue share is achievable due to improved retailer coverage and reduced receivables.

Question 5: So could you give us a target for March '25 as what would we expect in the cash conversion cycle in number of days?

Answer: Working capital days are projected to reduce to 140"“145 by FY26 and 135 by FY27, driven by lower debtor days (75"“77 days under Lakshya vs. 110"“112 days otherwise) and optimized inventory (95"“97 days).

Question 6: I had another question regarding the QIP. Given that we will be releasing a lot of cash from our operating activities due to Project Lakshya, why do we need the QIP?

Answer: The QIP plan is deferred due to market conditions. Future fundraising, if pursued, will focus on growth (e.g., new categories like rainwear, D2C expansion) rather than debt repayment. Debt reduction will rely on internal accruals.

Question 7: Sir, our growth rate in e-commerce is pretty good. Are we doing anything for quick commerce as of now?

Answer: The company partners with Swiggy Instamart, Zepto, and Blinkit, and collaborates with Flipkart/Myntra's quick commerce channels. Early traction is modest, but growth is expected as visibility improves.

Question 8: In the last call, you had mentioned that we are now completely done with our capex. Is that understanding still correct?

Answer: Major capex (factories, spinning plants) is complete. Residual solar capacity additions (2"“3 MW) will occur over 6"“12 months. No significant capex planned beyond FY25.

Question 9: How is the demand in the athleisure segment?

Answer: Athleisure contributes ~12"“13% to total sales, growing steadily post-COVID. Growth is supported by low base effects but remains slower vs. premium segments like Force NXT.

Question 10: How does Project Lakshya's scale-up to 65"“70% revenue in 15 months align with current progress?

Answer: Existing states (e.g., Maharashtra, Northeast) and new additions (MP, Himachal, Jharkhand) will drive growth. Distributor onboarding is tied to retailer density mapping, with gradual ramp-up expected in FY26.

Income Statement for Dollar Industries

Standalone figures (in Rs. Crores) / View Consolidated Data

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-15.3%	378	446	322	488	330	412
Other Income	654.5%	1.83	1.11	0.66	2.05	1.22	0.53
Total Income	-15%	380	447	323	490	331	413
Cost of Materials	-14.3%	193	225	186	210	206	214
Employee Expense	0%	26	26	23	24	22	22
Finance costs	3.6%	6.77	6.57	6.17	5.9	4.67	3.82
Depreciation and Amortization	5.6%	9.44	8.99	8.41	6.64	6.16	4.26
Other expenses	-9.9%	147	163	136	171	139	158
Total Expenses	-14.6%	353	413	304	446	308	378
Profit Before exceptional items and Tax	-21.2%	27	34	18	44	23	34
Total profit before tax	-21.2%	27	34	18	44	23	34
Current tax	-19.2%	7.07	8.51	5.37	10	4.07	9.41
Deferred tax	43.6%	0.08	-0.63	-0.56	1.47	0.81	-0.69
Total tax	-10.6%	7.15	7.88	4.81	12	4.88	8.72
Total profit (loss) for period	-28%	19	26	14	32	18	26
Other comp. income net of taxes	-14.9%	0	0.13	0.13	0.15	0	0.33
Total Comprehensive Income	-30.8%	19	27	14	32	18	26
Earnings Per Share, Basic	-33.6%	3.43	4.66	2.39	5.65	3.12	4.51
Earnings Per Share, Diluted	-33.6%	3.43	4.66	2.39	5.65	3.12	4.51

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	11.1%	1,549	1,394	1,350	1,037	969	1,029
Other Income	-6.7%	4.47	4.72	6.53	3.48	4.71	2.21
Total Income	11.1%	1,554	1,399	1,357	1,040	974	1,031
Cost of Materials	26.8%	810	639	770	465	424	475
Employee Expense	15.8%	89	77	64	45	42	34
Finance costs	30.8%	18	14	9.62	8.79	15	16
Depreciation and Amortization	17.6%	21	18	17	15	14	11
Other expenses	28%	590	461	455	409	374	426
Total Expenses	8.1%	1,435	1,327	1,160	923	894	920
Profit Before exceptional items and Tax	68.6%	119	71	197	117	80	111
Total profit before tax	68.6%	119	71	197	117	80	111
Current tax	107.7%	28	14	52	30	22	36
Deferred tax	110.3%	1.21	-1.04	-0.78	0.14	-1.21	-0.68
Total tax	133.3%	29	13	51	30	20	36
Total profit (loss) for period	54.4%	89	58	146	87	59	75
Other comp. income net of taxes	-2.9%	0.65	0.66	0.74	0.23	-0.56	0.62
Total Comprehensive Income	53.4%	90	59	147	88	59	76
Earnings Per Share, Basic	59.2%	15.76	10.27	25.72	15.39	10.48	13.27
Earnings Per Share, Diluted	59.2%	15.76	10.27	25.72	15.39	10.48	13.27

Consolidated figures (in Rs. Crores) / View Standalone Data

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-14.8%	381	447	334	500	332	413
Other Income	414.3%	1.72	1.14	0.69	2.08	1.23	0.53
Total Income	-14.8%	382	448	334	502	333	413
Cost of Materials	-13.7%	196	227	188	218	210	214
Employee Expense	4%	27	26	23	24	22	22
Finance costs	3.4%	7.35	7.14	6.72	6.26	4.87	3.89
Depreciation and Amortization	5.6%	9.45	9	8.42	6.65	6.17	4.27
Other expenses	-9.8%	149	165	141	175	140	159
Total Expenses	-14%	356	414	313	456	310	379
Profit Before exceptional items and Tax	-21.2%	27	34	21	46	23	34
Exceptional items before tax	39.7%	0.56	0.27	0	0	-0.13	-0.69
Total profit before tax	-21.2%	27	34	21	46	23	33
Current tax	-18.2%	7.06	8.41	6.08	11	4.11	9.23
Deferred tax	43.6%	0.08	-0.63	-0.56	1.46	0.81	-0.69
Total tax	-9.6%	7.14	7.79	5.51	13	4.92	8.54
Total profit (loss) for period	-24%	20	26	16	34	18	25
Other comp. income net of taxes	-14.9%	0	0.13	0.13	0.2	0	0.33
Total Comprehensive Income	-26.9%	20	27	16	34	18	25
Earnings Per Share, Basic	-31.3%	3.52	4.67	2.7	5.83	3.12	4.38
Earnings Per Share, Diluted	-31.3%	3.52	4.67	2.7	5.83	3.12	4.38

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	12.8%	1,572	1,394	1,350	1,037	969	1,029
Other Income	-6.7%	4.5	4.75	6.53	3.48	4.71	2.21
Total Income	12.7%	1,577	1,399	1,357	1,040	974	1,031
Cost of Materials	28.2%	824	643	770	465	424	475
Employee Expense	15.8%	89	77	64	45	42	34
Finance costs	30.8%	18	14	9.62	8.79	15	16
Depreciation and Amortization	17.6%	21	18	17	15	14	11
Other expenses	30%	599	461	452	409	374	426
Total Expenses	9.5%	1,453	1,327	1,157	923	894	920
Profit Before exceptional items and Tax	74.3%	123	71	200	117	80	111
Total profit before tax	74.3%	123	71	200	117	80	111
Current tax	47.4%	29	20	52	30	22	36
Deferred tax	102.8%	1.21	-6.58	-0.78	0.14	-1.21	-0.68
Total tax	141.7%	30	13	51	30	20	36
Total profit (loss) for period	76.5%	91	52	147	85	57	74
Other comp. income net of taxes	3.2%	0.7	0.69	0.77	0.25	-0.55	0.62
Total Comprehensive Income	75%	92	53	148	86	57	74
Earnings Per Share, Basic	80.4%	15.9	9.26	25.93	15.04	10.11	12.98
Earnings Per Share, Diluted	80.4%	15.9	9.26	25.93	15.04	10.11	12.98

Cash Flow for Dollar Industries

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	15.4%	16	14	9.62
Change in inventories	-194.9%	-114.83	123	-141.26
Depreciation	17.6%	21	18	17
Impairment loss / reversal	-	0	0	3.08
Unrealised forex losses/gains	-7.2%	-0.19	-0.11	-0.46
Adjustments for interest income	1.9%	0.48	0.47	0
Net Cashflows from Operations	-92%	14	164	43
Interest received	-	0	0	-0.11
Income taxes paid (refund)	-7.4%	26	28	45
Other inflows (outflows) of cash	104.6%	5.48	3.19	2.31
Net Cashflows From Operating Activities	-105.3%	-6.33	140	0.34
Cashflows used in obtaining control of subsidiaries	-142.9%	0	3.33	0
Proceeds from sales of PPE	-433.3%	0.04	0.82	0.16
Purchase of property, plant and equipment	42.6%	78	55	58
Purchase of intangible assets	455.9%	3.42	0.32	0.05
Purchase of intangible assets under development	-	0	0	1.53
Interest received	1.9%	0.48	0.47	0.11
Other inflows (outflows) of cash	-	-0.1	0	0
Net Cashflows From Investing Activities	-35.7%	-81.28	-59.62	-61.85
Proceeds from borrowings	-	128	0	82
Repayments of borrowings	-92.2%	4.37	44	0
Payments of lease liabilities	-27.7%	3.84	4.93	4.56
Dividends paid	0%	17	17	14
Interest paid	15.4%	16	14	8.73
Net Cashflows from Financing Activities	207.5%	88	-79.93	55
Net change in cash and cash eq.	0%	-0.04	-0.04	-6.76

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	15.4%	16	14	9.62
Change in inventories	-211.1%	-128.96	118	-141.26
Depreciation	17.6%	21	18	17
Unrealised forex losses/gains	-7.2%	-0.19	-0.11	-0.46
Adjustments for interest income	4%	0.52	0.5	0
Net Cashflows from Operations	-103.5%	-4.58	161	43
Interest received	-	0	0	-0.11
Income taxes paid (refund)	-7.4%	26	28	45
Other inflows (outflows) of cash	-43.2%	5.37	8.7	2.31
Net Cashflows From Operating Activities	-119%	-25.57	141	0.34
Proceeds from sales of PPE	-	0.04	0	0.16
Purchase of property, plant and equipment	42.6%	78	55	58
Proceeds from sales of investment property	-455.6%	0	0.82	0
Purchase of intangible assets	455.9%	3.42	0.32	0.05
Purchase of intangible assets under development	-	0	0	1.53
Interest received	-2%	0.48	0.49	0.11
Other inflows (outflows) of cash	103.2%	1.07	-1.17	0
Net Cashflows From Investing Activities	-38.5%	-80.13	-57.58	-61.85
Proceeds from borrowings	-	149	0	82
Repayments of borrowings	-92.2%	4.37	44	0
Payments of lease liabilities	-	3.84	0	4.56
Dividends paid	0%	17	17	14
Interest paid	15.4%	16	14	8.73
Other inflows (outflows) of cash	-249.3%	0	1.67	0
Net Cashflows from Financing Activities	234.6%	108	-78.52	55
Net change in cash and cash eq.	-78.2%	1.95	5.35	-6.76

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Category	DOLLAR	Textiles
PE	22.51	44.21
PS	1.3	2.7
Growth	12.5 %	11 %

Share Holdings

Understand Dollar Industries ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

As of 2025-03-31

Shareholder Name	Holding %
DOLLAR HOLDINGS PRIVATE LIMITED	46.28%
V K MERCANTILE PRIVATE LIMITED	13.85%
SALASARJI MERCANTILE LLP	1.99%
KRISHAN KUMAR GUPTA	1.73%
NITU GUPTA	1.52%
BINAY KUMAR GUPTA	1.3%
ANANT GUPTA	1.18%
BUOYANT CAPITAL AIF - BUOYANT OPPORTUNIT	1.08%
GAURAV GUPTA	1.07%
AJAY UPADHYAYA	1.06%
DYNAVISION VENTURES LLP	1.03%
JATINDER AGARWAL	1.01%
ANKIT GUPTA	0.95%
AAYUSH GUPTA	0.95%
RUCHI GUPTA	0.93%
SEEMA GUPTA	0.88%
VINOD KUMAR GUPTA	0.73%
ANITA GUPTA	0.62%
BAJRANG KUMAR GUPTA	0.25%
R A Dealcom Private Limited	0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Balance Sheet for Dollar Industries

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	20.5%	0.3	0.12	0.18	0.16	0.26	0.21
Loans, current	-	0	0	0	0	0	0
Total current financial assets	-2.3%	471	482	446	431	397	405
Inventories	14.2%	533	467	409	352	469	475
Total current assets	9.3%	1,123	1,028	937	848	933	942
Property, plant and equipment	11%	234	211	142	83	79	81
Capital work-in-progress	93.8%	32	17	52	85	69	50
Non-current investments	0%	0.1	0.1	0.1	0.1	0.32	0.32
Loans, non-current	-	0	0	0	0	0	0
Total non-current financial assets	19.9%	2.81	2.51	2.67	2.35	3.14	3.54
Total non-current assets	5.7%	315	298	260	232	209	174
Total assets	8.4%	1,437	1,326	1,197	1,079	1,141	1,116
Borrowings, non-current	6.9%	32	30	0.1	0.14	0.3	0.7
Total non-current financial liabilities	0%	42	42	13	11	0.3	0.7
Provisions, non-current	10.8%	9.8	8.94	7.71	7.29	6.74	5.96
Total non-current liabilities	2%	52	51	21	19	19	11
Borrowings, current	16.9%	299	256	205	161	243	205
Total current financial liabilities	19.2%	567	476	429	337	415	416
Provisions, current	0%	0.06	0.06	0.07	0.06	0.16	0.13
Current tax liabilities	-74.7%	1.69	3.73	3.38	0	0	8.2
Total current liabilities	18%	572	485	436	343	418	429
Total liabilities	16.3%	623	536	456	362	437	440
Equity share capital	0%	11	11	11	11	11	11
Total equity	2.9%	814	791	741	718	705	676
Total equity and liabilities	8.4%	1,437	1,326	1,197	1,079	1,141	1,116

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	16.8%	2.32	2.13	0.26	0.17	0.26	0.21
Loans, current	-	0	0	0	0	0	0
Total current financial assets	-1.4%	489	496	451	433	397	405
Inventories	14.2%	556	487	416	358	469	475
Total current assets	9.5%	1,165	1,064	950	855	933	942
Property, plant and equipment	10.4%	234	212	142	83	79	81
Capital work-in-progress	93.8%	32	17	52	85	69	50
Goodwill	0%	0.04	0.04	0.04	0.04	0	0
Non-current investments	0%	0.1	0.1	0.1	0.1	0.32	0.32
Loans, non-current	-	0	0	0	0	0	0
Total non-current financial assets	19.9%	2.81	2.51	2.67	2.35	3.14	3.54
Total non-current assets	6%	300	283	245	218	202	169
Total assets	8.8%	1,466	1,347	1,195	1,073	1,135	1,111
Borrowings, non-current	6.9%	32	30	0.1	0.14	0.3	0.7
Total non-current financial liabilities	0%	42	42	13	11	0.3	0.7
Provisions, non-current	10.8%	9.8	8.94	7.71	7.29	6.74	5.96
Total non-current liabilities	2%	52	51	21	19	19	11
Borrowings, current	17.5%	324	276	210	161	243	205
Total current financial liabilities	19.6%	599	501	435	338	415	416
Provisions, current	0%	0.06	0.06	0.07	0.06	0.16	0.13
Current tax liabilities	-68.1%	1.97	4.04	3.49	-	0	8.2
Total current liabilities	18%	604	512	442	346	418	429
Total liabilities	16.5%	656	563	463	365	437	440
Equity share capital	0%	11	11	11	11	11	11
Non controlling interest	34.9%	3.32	2.72	-	1.55	-	-
Total equity	3.2%	809	784	732	709	698	671
Total equity and liabilities	8.8%	1,466	1,347	1,195	1,073	1,135	1,111

Investor Care
Dividend Yield	0.69%
Dividend/Share (TTM)	3
Shares Dilution (1Y)	0.00%
Diluted EPS (TTM)	16.72

Financial Health
Current Ratio	1.93
Debt/Equity	0.44
Debt/Cashflow	-0.08

Valuation
Market Cap	2.16 kCr
Price/Earnings (Trailing)	22.51
Price/Sales (Trailing)	1.3
EV/EBITDA	11.38
Price/Free Cashflow	-27.56
MarketCap/EBT	16.78

Fundamentals
Revenue (TTM)	1.67 kCr
Rev. Growth (Yr)	14.93%
Rev. Growth (Qtr)	-14.63%
Earnings (TTM)	95.97 Cr
Earnings Growth (Yr)	12.3%
Earnings Growth (Qtr)	-24.47%

Profitability
Operating Margin	7.68%
EBT Margin	7.73%
Return on Equity	11.86%
Return on Assets	6.55%
Free Cashflow Yield	-3.63%

DOLLAR - Dollar Industries Limited Share Price

What does Dollar Industries Limited do?

Summary of Latest Earnings Report from Dollar Industries

Income Statement for Dollar Industries

Cash Flow for Dollar Industries

Sector Comparison: DOLLAR vs Textiles & Apparels

Comparative Metrics

Performance Comparison

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Balance Sheet for Dollar Industries

Investor Care

Financial Health

Valuation

Fundamentals

Profitability

Is Dollar Industries Better than it's peers?

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
PAGEIND	Page IndustriesGarments & Apparels	49.75 kCr	4.88 kCr	+5.55%	+25.43%	73.89	10.19	+6.67%	+24.84%
KITEX	Kitex GarmenetsGarments & Apparels	4.61 kCr	872.79 Cr	+27.71%	+242.31%	37.31	5.29	+53.20%	+216.67%
LUXIND	LUX IndustriesGarments & Apparels	4.16 kCr	2.51 kCr	+3.86%	+2.43%	24.25	1.66	+7.06%	+71.03%
RUPA	RUPA & Co.Garments & Apparels	1.53 kCr	1.24 kCr	+6.55%	-28.41%	19.86	1.23	+0.27%	+19.44%
MONTECARLO	Monte Carlo FashionsGarments & Apparels	1.24 kCr	1.13 kCr	+10.62%	-11.54%	17.13	1.1	+1.14%	-26.60%