Company Overview

Lorenzini Apparels Limited is an India-based company engaged in the manufacturing, designing, and marketing of readymade garments. Originally incorporated as "Lorenzini Apparels Private Limited" on May 09, 2007, it converted into a Public Limited Company on March 30, 2017. The company is promoted by Sandeep Jain and Deepika Jain.

The company offers a diverse range of formal, semi-formal, and casual wear for men, and casual wear for women. Its product line includes jeans, trousers, shorts, shirts, t-shirts, sweatshirts, jackets, and blazers for men, and jeggings, capris, shorts, skirts, tops, shirts, jackets, blazers, sweatshirts, sweaters, and dresses for women. Products are sold under the brand names Monteil, Monteil & Munero, and Monteil and Calgari, distributed through exclusive stores/outlets in India and its website. The brand's distribution network spans across Delhi, Uttar Pradesh, and Haryana.

Manufacturing and Operations

The garment manufacturing process encompasses cutting, stitching, sewing, finishing, inspection, and packing. Lorenzini Apparels also outsources manufacturing on a job work basis from third-party contractors. Its own manufacturing unit is located at Tuglakabad Extension, New Delhi. The company provides contractors with technical specifications, designs, patterns, quality standards, and fabric requirements, who then procure raw materials and manage the manufacturing process.

The company serves its customers through both retail and e-commerce channels. In FY25, Lorenzini expanded its offline retail presence by opening new stores in Jammu and Jaipur. It is also developing its own e-commerce website to enhance its digital footprint and enable direct online purchases.

Market Position and Stock Performance

Lorenzini Apparels Ltd has a market capitalization of ₹207 crore as of June 2025. The stock's 52-week high is ₹35.90 and the 52-week low is ₹8.45. The stock trades on the NSE under the symbol LAL and on the BSE under code 540952, with ISIN INE740X01023.

In terms of recent stock performance, Lorenzini Apparels' share price has increased by 4.68% in the last month and 0.24% in the last 3 months, but has seen a decrease of 45.66% over the last 12 months on the BSE.

Financial Performance and Growth

FY25 Annual Results

Lorenzini Apparels demonstrated strong full-year growth. Net sales increased by 16% from ₹54.76 crore in FY24 to ₹63.42 crore in FY25. Net profit also grew by 10% to ₹5.84 crore in FY25. A notable achievement was the debt reduction of ₹9.57 crore during the year, with ₹9.42 crore repaid.

Key Financial Highlights for FY25:

• Net Sales: ₹63.42 crore (16% growth YoY)

• Net Profit: ₹5.84 crore (10% growth YoY)

• Debt Reduction: ₹9.57 crore

Quarterly Performance

For Q4FY25, net sales reached ₹13.92 crore, a 37% increase year-on-year from ₹10.16 crore in Q4FY24. However, the company reported a net loss of ₹6.57 crore for the quarter, contrasting with a profit of ₹0.32 crore in the same period last year.

In Q3FY25 (December 2024), the company reported a net loss of ₹1.62 crore against a net profit of ₹2.37 crore in the previous year's quarter. Sales for Q3FY25 rose by 67.74% to ₹21.27 crore compared to ₹12.68 crore in Q3FY24.

Long-term growth metrics show promising trends:

• The company has delivered a profit growth of 73.6% CAGR over the last 5 years.

• Revenue has grown at a yearly rate of 15.92% over the last 5 years, outperforming the industry average of 7.62%.

Key Financial Ratios

Current Valuation Metrics (as of April 2025):

• P/E Ratio: 15.88

• P/B Ratio: 0.28

• Book Value per Share: ₹2.76

• Face Value per Share: ₹1.00

• Dividend Yield: 0.00%

• ROE (Return on Equity): 15.9%

• ROCE (Return on Capital Employed): 17.4%

Shareholding Pattern

Promoter holding in Lorenzini Apparels Ltd slightly decreased to 56.17% as of March 2025 from 57.07% as of August 2024. For the first time in FY25, Foreign Institutional Investors (FIIs) acquired a stake, purchasing 28.11 lakh shares, equivalent to a 1.63% stake. As of March 2025, promoters own 56.17% of the company, FIIs hold 1.63%, and public shareholders own the remaining 42.20%.

Industry Position and Outlook

Lorenzini Apparels Ltd operates within the Consumer Discretionary sector, specifically the Apparel & Accessories sub-sector. Its peers in the broader Industrials sector include companies like Mahalaxmi Rubtec, Virat Industries, True Green, Aarnav Fashions, Indian CardCloth, and Active Clothing.

The company remains focused on strategic expansion and digital transformation to solidify its market position in the competitive ready-made garments industry. With established brands and a growing retail footprint, Lorenzini Apparels is well-positioned to capitalize on evolving consumer preferences in the Indian fashion market.