Meenakshi (India) (544831) — concall transcript

🔮 What's Next
Target utilization of 70% in FY27 and 80% long-term; CAPEX of ₹40-50 crores by FY30 including a ₹20 crore factory in FY28; EBITDA margin recovery to ~17% by FY28; and D2C capabilities expansion pending resolution of patent issues.

💡 Investor Takeaway
The company is strategically expanding into higher-margin premium segments and international markets while managing geopolitical risks through geographic diversification, with a clear focus on scaling capacity and margins despite tariff challenges.

Meenakshi (India) Ltd's Q1 FY27 earnings call highlighted strong PAT growth of 153% YoY to [amount not verified] and core EBITDA margin of 3.4%, driven by premium apparel recovery and debt-free operations. Management emphasized strategic expansion into women's wear, athleisure, and D2C (paused due to patent issues), with CAPEX plans of ₹40-50 crores by FY30 including a ₹20 crore factory in FY28. Capacity will scale from 18 lakh to 38 lakh pieces annually, targeting 70% FY27 utilization and 80% long-term. Geopolitical risks are being mitigated via Sri Lankan contingency production and MOUs, while the U.S. market remains stable post-tariff adjustments. The company serves 12-20 major clients (top 5 contributing 70% of revenue), with 60% revenue from Europe and the U.S. (Europe slightly higher post-tariff shifts). EBITDA margin recovery to ~17% by FY28 is targeted despite tariff headwinds, supported by the LDP model for customer flexibility. Historical FY25 EBITDA included a ₹12.5 crore land sale exceptional item, and recycled fiber capacity remains limited in India.

📄 View Original Announcement (PDF)

📊 Stock Analysis — 544831 ✨ Ask AI About This

About Meenakshi (India) Ltd (544831)

Textiles · Textiles · Listed on BSE

Market Cap: ₹444.26 Cr P/E: 26.4 ROE: 28.5% ROCE: 33.2%

View full 544831 stock details →

📡 Get AI alerts when 544831 files next

Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions

Track 544831 — Free

💡 Ask AI about this filing

"How will the ₹20 crore factory in FY28 specifically boost athleisure and bottom ware production capacity?" "What is the expected timeline and cost for resolving the patent issues delaying D2C entry?" "What specific margin improvements are anticipated from the LDP model implementation?"

Ask AI Free →

📊 More 544831 filings

See all 544831 filings →

🔥 Also filed on 30 June 2026

SHIRPUR-G Shirpur Gold Refinery Limited Announcement REFEX Refex Industries Limited Corporate Action ROLLT Rollatainers Limited Announcement SAMMAANCAP Sammaan Capital Limited Corporate Action RUSTOMJEE Keystone Realtors Limited Announcement ZEEMEDIA Zee Media Corporation Limited Corporate Action

View all today's announcements →

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

📡 Get AI alerts for your stocks — summarized by AI daily

Set up your AI Radar — pick stocks, get daily email summaries of new filings.

Set up AI Radar — Free

Free account · 2 AI queries/day

About · Privacy Policy · Terms of Service · Pricing

Today's Announcements · Screener · Insights · AI Chat

Data provided by CMOTS Internet Technologies Pvt Ltd