Synopsis:
Garment Mantra Lifestyle jumped sharply after its wholly owned subsidiary secured a fresh export order valued at Rs 9.32 crore with AL Rahmat Textiles L.L.C. This contract is for dyed and printed fabrics and made-up dress materials.
The shares of this textile manufacturer jumped 3 percent after the company announced that it had secured an export order worth Rs 9.3 crore. In this article, we will dive more into the details of the order.
With a market capitalisation of Rs 89 crore, the shares of Garment Mantra Lifestyle Ltd reached a day’s high of Rs 1.57 per share, up 3 percent from its previous day’s closing price of Rs 1.53 per share. Over the past five years, the stock has corrected by over 32 percent, as compared to NIFTY 50’s positive return of 97 percent.
About the Order
Garment Mantra Lifestyle, through a stock exchange filing, announced that its wholly owned subsidiary has been awarded a fresh export order by AL Rahmat Textiles L.L.C. amounting to Rs 9.32 crore. The order comprises dyed and printed fabrics as well as made-up dress materials and is slated for completion by February 28, 2026.
The company has already made export shipments totalling close to Rs 55 crore in the first half of the financial year and is currently carrying a pending order book of around Rs 35 crore. Such a strong pipeline offers good revenue visibility for the rest of FY26 and is a positive indication of the continuation of global customer demand.
Q2 Highlights
Garment Mantra Lifestyle reported a revenue of Rs 65.02 crore in Q2 FY26, representing an 88 percent growth from Rs 34.61 crore in Q2 FY25. Additionally, it recorded a growth of 75 percent from its previous quarter figure of Rs 37.16 crore.
Coming to its profitability front, the company reported a net profit of Rs 2.64 crore in Q2 FY26 as compared to Rs 68 lakh in Q2 FY25, which is a staggering growth of 288 percent. Additionally, it recorded a slight growth of 7 percent from its previous quarter figure of Rs 2.47 crore.
Garment Mantra Lifestyle Limited makes and sells fabrics and hosiery garments in India and other countries. Its products include polyester, knitted, and woven fabrics, as well as garments like T-shirts, pajama sets, frocks, and capri sets. The company also provides accessories, including watches, belts, handbags, and wallets for all ages. It runs retail stores under the “Price Mantra” brand. The company exports its products too.
Written by Satyajeet Mukherjee
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