Celebrity Fashions LimitedQ1 FY27 Results & Financial Update
Celebrity Fashions Limited: Q1 FY27 standalone results and company financials – revenue ₹26.42 Cr, PAT ₹-2.37 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
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Celebrity Fashions price & chart
Quarter overview
Quarterly earnings analysis
Celebrity Fashions Limited reported revenue from operations of INR 26.42 crore for the quarter ended 30th June 2026, alongside other income of INR 0.71 crore, bringing total income to INR 27.13 crore. Total expenses for the period stood at INR 29.50 crore, resulting in a net loss (Profit Before and After Tax) of INR 2.37 crore for Q1 FY27. This compares to a net loss of INR 6.73 crore in the corresponding quarter of the previous year and a net loss of INR 1.62 crore in the immediately preceding quarter ended 31st March 2026. Basic and diluted earnings per share for the quarter stood at a negative INR 0.37.
A key operational factor impacting the quarter's financial performance was the ongoing adjustment to customer pricing and discounts. In order to retain existing customer relationships, the company was constrained to absorb additional discounts and price reductions amounting to INR 3.55 crores for the quarter. These concessions were originally extended to mitigate the impact of tariffs imposed by the U.S. Government on imports from India effective April and August 2025. Although those specific tariffs and related penalties were subsequently withdrawn by U.S. authorities, prevailing business challenges and broader industry conditions meant major customers did not revoke or reverse the discounts already negotiated, directly affecting top-line realization.
Cost of material consumed for the quarter was reported at INR 9.20 crore, while changes in inventories of finished goods, work-in-progress, and stock-in-trade stood at INR 3.80 crore. Employee benefits expense represented a major cost component at INR 10.77 crore, reflecting the labor-intensive nature of garment manufacturing, though down from INR 18.65 crore in Q1 FY25. Other expenses were controlled at INR 3.49 crore for the quarter.
Finance costs for Q1 FY27 stood at INR 1.26 crore, compared to INR 1.41 crore in the year-ago period and INR 1.54 crore in the preceding quarter. Depreciation and amortisation expenses were stable at INR 0.98 crore. The company recorded zero tax expense for the quarter.
Statutory auditors SRSV & Associates highlighted a material uncertainty related to the going concern assumption, noting that the company's accumulated losses stood at INR 57.31 crore as of 30th June 2026. However, the auditors noted that management provided sufficient evidence to satisfy the continuance of the company as a going concern, and their conclusion was not modified in respect of this matter.
Profit after tax was ₹-2.37 Cr for the reported quarter. EPS was ₹-0.37 for the reported quarter.
01 · Business model
What does Celebrity Fashions do?
Celebrity Fashions Limited operates exclusively in the garments sector, manufacturing and supplying apparel products primarily for international and domestic markets. The company manages an integrated manufacturing setup based out of Tamil Nadu, handling everything from design to final garment production for global fashion brands.
Its economic model relies heavily on long-term client relationships with major retail customers, particularly in export markets such as the United States, positioning it as an export-oriented garment vendor subject to global trade policies and tariff fluctuations.
The company's primary revenue engine is the sale of manufactured garments, operating out of production facilities located in export processing zones such as MEPZ Tambaram, Chennai. Cost structures are heavily weighted toward raw material consumption (fabrics and accessories) and direct employee benefits associated with labor-intensive apparel manufacturing.
02 · Historical context
What shaped the business before this quarter
As of 30th June 2026, the company's accumulated losses reached INR 57.31 crores, prompting statutory attention regarding its going concern status.
The company faced tariff headwinds from U.S. import policies originally introduced in April and August 2025, which triggered customer-specific pricing concessions that extended into FY27.
03 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹26.42 Cr |
| Total income | ₹27.13 Cr |
| Profit before tax | ₹-2.37 Cr |
| Profit after tax | ₹-2.37 Cr |
| EPS | ₹-0.37 |
Financial interpretation
What the reported numbers mean
Profit after tax represented -9.0% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to -9.0% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Total income exceeded operating revenue by ₹0.71 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
04 · Why it moved
Why the quarter looked the way it did
What drove revenue
Revenue from operations was recorded at INR 26.42 crore for Q1 FY27, impacted by permanent concessions granted to retain key international buyers.
Other income provided a supplementary boost of INR 0.71 crore during the quarter.
What drove margins
The company absorbed INR 3.55 crores in additional discounts and price reductions during the quarter to maintain client relationships following U.S. tariff actions.
Employee benefits expense remained substantial at INR 10.77 crore, reflecting operational headcount requirements in garment manufacturing.
Cost of material consumed was INR 9.20 crore, while inventory adjustments contributed INR 3.80 crore to the cost structure.
05 · Demand, customers & order book
Where demand is coming from
Management noted that despite the withdrawal of U.S. tariffs and penalties, major customers did not reverse previously negotiated price reductions, requiring the company to absorb INR 3.55 crores in concessions during the quarter to safeguard long-term customer relationships.
06 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
The company operates exclusively in a single segment: garments, in accordance with Ind AS 108 Operating Segments.
07 · Pressure points & risks
What is not going smoothly
Statutory auditors drew attention to accumulated losses of INR 57.31 crores as of 30th June 2026, though a going concern assessment was successfully established.
Absorbing INR 3.55 crores in customer discounts directly compressed reported revenue and profitability for the quarter.
08 · Cash flow & balance sheet
Profit is one thing. Cash and funding tell another part of the story.
Capital allocation & funding
Finance costs for the quarter were INR 1.26 crore, reflecting ongoing debt servicing obligations.
09 · Beyond the numbers
What changed beyond the numbers
Statutory Audit Review
The financial results for Q1 FY27 were reviewed by the audit committee, approved by the board on 1st August 2026, and subjected to limited review by statutory auditors SRSV & Associates.
10 · Previous-quarter changes
What changed since the previous quarter
Revenue moved from INR 43.49 crore in Q4 FY26 to INR 26.42 crore in Q1 FY27, while the net loss widened from INR 1.62 crore to INR 2.37 crore.
11 · Key Q&A
The quarter, answered directly
What does Celebrity Fashions do?
Celebrity Fashions Limited operates exclusively in the garments sector, manufacturing and supplying apparel products primarily for international and domestic markets. The company manages an integrated manufacturing setup based out of Tamil Nadu, handling everything from design to final garment production for global fashion brands.
What is the clearest takeaway from Q1 FY27?
Celebrity Fashions Limited reported revenue from operations of INR 26.42 crore for the quarter ended 30th June 2026, alongside other income of INR 0.71 crore, bringing total income to INR 27.13 crore. Total expenses for the period stood at INR 29.50 crore, resulting in a net loss (Profit Before and After Tax) of INR 2.37 crore for Q1 FY27. This compares to a net loss of INR 6.73 crore in the corresponding quarter of the previous year and a net loss of INR 1.62 crore in the immediately preceding quarter ended 31st March 2026. Basic and diluted earnings per share for the quarter stood at a negative INR 0.37.
What drove revenue or demand?
Revenue from operations was recorded at INR 26.42 crore for Q1 FY27, impacted by permanent concessions granted to retain key international buyers.
What mattered most for margins or profitability?
The company absorbed INR 3.55 crores in additional discounts and price reductions during the quarter to maintain client relationships following U.S. tariff actions.
What changed operationally beyond the headline numbers?
The financial results for Q1 FY27 were reviewed by the audit committee, approved by the board on 1st August 2026, and subjected to limited review by statutory auditors SRSV & Associates.
What are the main pressure points disclosed for the quarter?
Statutory auditors drew attention to accumulated losses of INR 57.31 crores as of 30th June 2026, though a going concern assessment was successfully established.
12 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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13 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Going Concern and Accumulated Loss Mitigation: Monitor future disclosures for management steps to address accumulated losses of INR 57.31 crores and improve operational profitability.
- 02
Customer Realisation and Pricing Stability: Track whether pricing concessions granted to mitigate past U.S. tariffs stabilize or if future order renewals restore operating margins.
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