šŸ’° Financial Performance

Revenue Growth by Segment

Total revenue for FY25 was INR 27.22 Cr. Segment-specific growth percentages are not disclosed, but the company operates primarily in the women's apparel segment.

Geographic Revenue Split

The company has an expanding presence both domestically in India and in exports, though the specific percentage split between these regions is not disclosed.

Profitability Margins

Operating Profit Margin was 17.90% in FY25, down from 20.11% in FY24 (-10.99% change). Net Profit Margin was 11.10% in FY25 compared to 12.32% in FY24 (-9.92% change).

EBITDA Margin

EBITDA for FY25 was INR 5.29 Cr (529.33 Lakhs), representing an EBITDA margin of approximately 19.44%.

Credit Rating & Borrowing

The company reported an Interest Coverage Ratio of 6.56 in FY25, a 2.5% increase from 6.40 in FY24, indicating strong ability to meet interest obligations.

āš™ļø Operational Drivers

Raw Materials

Cotton is specifically identified as a key raw material subject to price volatility. Other materials include fabrics for kurtis, pants, and co-ord sets.

Key Suppliers

Not disclosed, but the company relies on a select network of suppliers and job workers for manufacturing inputs.

Capacity Expansion

Current installed capacity is up to 4,77,000 pieces of quality garments per year across 2 manufacturing units.

Raw Material Costs

Raw material price volatility, especially cotton, is cited as a major operational risk. Procurement strategies include bulk procurement and maintaining inventory buffers.

Manufacturing Efficiency

The company utilizes advanced technology in its Rajasthan-based units to meet production demands and maintain quality standards.

Logistics & Distribution

Not disclosed, but the company uses diversified logistics as a risk mitigation strategy against environmental disruptions.

šŸ“ˆ Strategic Growth

Expected Growth Rate

Not disclosed

Growth Strategy

Growth will be achieved through the acquisition of a 60% stake in Herble Prints Private Limited to expand the textile business globally, investing in infrastructure and technology, expanding the customer base, and improving functional efficiency.

Products & Services

Women's apparel including kurtis, pants, tops, co-ord sets, dupattas, and gowns.

Brand Portfolio

Signoria

New Products/Services

The company continuously updates its portfolio with over 950+ designs to maintain market relevance.

Market Expansion

Plans to expand the 'Signoria' brand footprint across India and into global textile markets through its new subsidiary.

Strategic Alliances

Acquired 60% of total issued and paid-up equity share capital of Herble Prints Private Limited.

šŸŒ External Factors

Industry Trends

The industry is seeing increased digital penetration and a rise in fashion-conscious consumers. Signoria is positioning itself by expanding its e-commerce presence and digital sales channels.

Competitive Landscape

Operates in a highly fragmented and competitive women's ethnic and contemporary apparel sector.

Competitive Moat

Competitive advantages include a strong brand identity ('Signoria'), a large design library (950+), inclusive sizing, and an experienced management team. These are sustained through continuous design innovation and quality control.

Macro Economic Sensitivity

Sensitive to uncertainties arising from pandemics, natural disasters, and geopolitical events that disrupt supply chains and demand.

Consumer Behavior

Shift toward fashionable attire that blends comfort and style, with increasing demand for ethnic wear through digital channels.

Geopolitical Risks

Geopolitical events are monitored for potential disruptions to supply chain and demand.

āš–ļø Regulatory & Governance

Industry Regulations

Operations are impacted by textile industry policies, labor statutes, and export/import duties.

Environmental Compliance

The company follows sustainable and environmentally aligned practices to mitigate regulatory risks.

Taxation Policy Impact

Subject to GST laws and frequent policy changes in the textile industry.

Legal Contingencies

The company reported no pending litigations as of March 31, 2025, that would impact its financial position.

āš ļø Risk Analysis

Key Uncertainties

Raw material price volatility and substantial working capital requirements are primary uncertainties. The Current Ratio dropped 25.72% to 1.55 in FY25 due to increased current liabilities.

Geographic Concentration Risk

Manufacturing is concentrated in Jaipur, Rajasthan, making it sensitive to regional industrial policies.

Third Party Dependencies

High reliance on select suppliers and job workers for manufacturing and input sourcing.

Technology Obsolescence Risk

Risk of falling behind in digital disruptions; mitigated by investments in ERP and modern marketing tools.

Credit & Counterparty Risk

Delays in collection from customers may stress liquidity, requiring prudent credit assessment.