Libas Consumer Products LimitedQ1 FY27 Results & Financial Update

Libas Consumer Products Limited: Q1 FY27 consolidated results and company financials – revenue ₹12.70 Cr, PAT ₹0.05 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.

NSE: LIBASPublished 18 Oct 2026Updated 18 Oct 2026~6 min read
Quarter at a glanceCurrent reported figures.Change figures appear when a comparable reported period is available.
Revenue from operations₹12.70 CrReported Q1 FY27
Profit after tax₹0.05 CrReported Q1 FY27
EPS₹0.18Reported Q1 FY27

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Quarterly Results AnalysisExplore Libas Consumer Products Q1 FY27 quarterly results and earnings: revenue, profit (PAT), EBITDA, margins, YoY and QoQ growth, order book or business updates where reported, financial performance and management commentary. Reported figures and Nivata calculations are shown separately; no buy, sell or hold recommendation is provided.

Quarter overview

Quarterly earnings analysis

01

For the quarter ended June 30, 2026, Libas Consumer Products Limited reported consolidated revenue from operations of INR 12.7008 crore, reflecting total income of INR 12.7008 crore after accounting for minimal other income.

02

Consolidated profit before tax (PBT) for Q1 FY27 stood at INR 0.3562 crore, supported by segment results from the rock salt division offsetting losses in the garment fashion segment.

03

Consolidated net profit after tax (PAT) for the quarter reached INR 0.0489 crore, resulting in basic and diluted earnings per share of INR 0.18 for the period.

04

The statutory auditors issued a qualified review report drawing attention to material inventory management deficiencies, noting that inventory was overstated by INR 7.0084 crore due to obsolete stock, which correspondingly overstates the profit for the period.

05

Additional auditor qualifications highlighted non-compliance with labour laws regarding the recognition of gratuity liability and delays in filing statutory tax deducted at source (TDS) returns for the first quarter by the statutory deadline.

06

The subsidiary in Ajman, UAE (Libas Consumer Products Limited FZE LLC) contributed total revenue of INR 2.5391 crore and a net loss of INR 0.8647 crore to the consolidated entity during the quarter.

07

Profit after tax was ₹0.05 Cr for the reported quarter. EPS was ₹0.18 for the reported quarter.

01 · Business model

What does Libas Consumer Products do?

Libas Consumer Products Limited operates as a lifestyle consumer goods and apparel company spanning fashion, lifestyle products, and alternative merchandise categories such as rock salt and coconuts.

The company structures its operations across distinct business segments, with the primary revenue lines divided between garment trading and fashion lifestyle offerings alongside specialized rock salt trading.

Geographically, the company serves domestic markets in India while extending its footprint internationally through its wholly owned foreign subsidiary, Libas Consumer Products Limited FZE LLC based in Ajman, UAE.

The underlying economic model relies on multi-segment wholesale and retail distribution of apparel and specialty commodities, managing input procurement, inventory positioning, and working capital across retail outlets and international channels.

02 · Historical context

What shaped the business before this quarter

Fire Incident at Retail Store

Previously on May 4, 2025, a fire incident at a Libas store located at Cumballa Hill Road, Mumbai, resulted in inventory damage estimated at approximately INR 2.40 crore, which was recorded as an exceptional item in the Q1 FY25 financial results.

Tax Regime Transition

The company previously exercised the tax calculation option under Section 115BAA of the Income Tax Act, 1961, to compute income tax at the revised rate of 25.17% inclusive of surcharge and cess.

03 · Financial snapshot

Current-quarter financial snapshot

MetricQ1 FY27
Revenue from operations₹12.70 Cr
Total income₹12.70 Cr
Profit before tax₹0.36 Cr
Profit after tax₹0.05 Cr
EPS₹0.18

Financial interpretation

What the reported numbers mean

Profit conversion

Profit after tax represented 0.4% 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.

Pre-tax earnings

Profit before tax was equivalent to 2.8% 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.

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

Consolidated Top Line

Consolidated revenue from operations for Q1 FY27 was recorded at INR 12.7008 crore, driven by activity across the company's established trading segments.

Segment Top-Line Contribution

Garment segment revenue contributed INR 7.7994 crore, while the rock salt trading segment generated INR 4.9014 crore during the quarter.

What drove margins

Material Consumption Costs

Cost of materials consumed formed the largest expense component at INR 9.7982 crore on a consolidated basis for the quarter.

Other Operating Expenses

Other expenses stood at INR 1.6741 crore, reflecting general overheads and operational costs across the group.

Finance Costs and Depreciation

Finance costs were recorded at INR 0.3098 crore, while depreciation and amortization expenses accounted for INR 0.0286 crore.

05 · Segments, products & geography

Which parts of the business are doing the work

Segments and products

Garment Segment Performance

The garment fashion lifestyle segment generated revenue of INR 7.7994 crore but recorded a segment loss of INR 1.7718 crore before unallocated items and interest.

Rock Salt Segment Performance

The rock salt trading segment recorded revenue of INR 4.9014 crore and delivered a positive segment result (PBIT) of INR 2.4379 crore.

Geography and market mix

International Subsidiary Operations

The wholly owned subsidiary Libas Consumer Products Limited FZE LLC in Ajman, UAE, reported total revenue of INR 2.5391 crore and a net loss of INR 0.8647 crore for the quarter ended June 30, 2026.

06 · Reported developments

What changed operationally

Rock Salt Segment Profitability

The rock salt trading division continued to provide stable positive segment results of INR 2.4379 crore, supporting overall profitability during the quarter.

07 · Pressure points & risks

What is not going smoothly

Garment Segment Losses

The garment fashion lifestyle segment registered a segment loss of INR 1.7718 crore during the quarter.

08 · Beyond the numbers

What changed beyond the numbers

Reported update

Undisputed Statutory Dues

The financial results notes disclose various outstanding undisputed tax and statutory liabilities, including profession tax (INR 2.78 lakhs), TCS collected not paid (INR 1.50 lakhs), GST (INR 2.79 lakhs), TDS on purchases (INR 4.61 lakhs), and income tax for FY 23-24 (INR 1.27 lakhs).

Reported update

MSME Creditor Disclosure

The company noted that it does not maintain relevant information regarding creditors classified as micro and small enterprises, leading to MSME creditors being clubbed with general trade creditors.

Reported update

Contingent Liabilities

Contingent liabilities include longstanding ESI contribution and return-filing cases pending in Sewree Court and E.I. Court Bandra, Mumbai.

09 · Key Q&A

The quarter, answered directly

What does Libas Consumer Products do?

Libas Consumer Products Limited operates as a lifestyle consumer goods and apparel company spanning fashion, lifestyle products, and alternative merchandise categories such as rock salt and coconuts.

What is the clearest takeaway from Q1 FY27?

For the quarter ended June 30, 2026, Libas Consumer Products Limited reported consolidated revenue from operations of INR 12.7008 crore, reflecting total income of INR 12.7008 crore after accounting for minimal other income.

What drove revenue or demand?

Consolidated revenue from operations for Q1 FY27 was recorded at INR 12.7008 crore, driven by activity across the company's established trading segments.

What mattered most for margins or profitability?

Cost of materials consumed formed the largest expense component at INR 9.7982 crore on a consolidated basis for the quarter.

What changed operationally beyond the headline numbers?

The financial results notes disclose various outstanding undisputed tax and statutory liabilities, including profession tax (INR 2.78 lakhs), TCS collected not paid (INR 1.50 lakhs), GST (INR 2.79 lakhs), TDS on purchases (INR 4.61 lakhs), and income tax for FY 23-24 (INR 1.27 lakhs).

What are the main pressure points disclosed for the quarter?

The garment fashion lifestyle segment registered a segment loss of INR 1.7718 crore during the quarter.

10 · Scenario calculator

Earnings sensitivity: what if growth and margins change?

Starting point

Build your own next-quarter scenario

Reported values are prefilled where a comparable basis is available. Otherwise, the field starts at 0. You can overwrite every field.

Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.

Scenario output
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Scenario profit after tax₹0 cr
Profit change vs base₹0 cr (0%)
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Growth needed to keep profit flat after this margin move0%

The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.

11 · Next filing checkpoints

What the next disclosure can confirm or change

  1. 01

    Inventory and Audit Qualification Resolution: Monitor future filings for management measures addressing the auditor's qualification regarding the INR 7.0084 crore inventory overstatement and obsolete stock.

  2. 02

    Statutory Compliance Rectification: Track resolution of statutory filing delays, gratuity recognition compliance, and clearance of undisputed tax dues noted by the auditors.

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Need the concepts first?

Use Nivata’s plain-English guides to understand the accounting terms used in this brief before interpreting them.

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