Synopsis:
Mittal Life Style Limited, a Textile Stock, reports 28.68% YoY revenue growth and a 3133.33% YoY net profit surge in Q2 FY26 results.
This Penny Textile Stock, engaged in the business of trading and supplying a wide range of denim and bottom-weight fabrics, catering primarily to the textile industry across India, jumped 7 percent after the company reported September quarterly results with a 3133.33 percent YoY increase in net profit.
With a market capitalization of Rs. 67.92 crores, the share of Mittal Life Style Limited has reached an intraday high of Rs. 1.58 per equity share, rising nearly 6.76 percent from its previous day’s close price of Rs. 1.48. Since then, the stock has retreated and is currently trading at Rs. 1.52 per equity share.
Q2 FY26 Result Walkthrough
Coming into the quarterly results of Mittal Life Style Limited, the company’s consolidated revenue from operations increased by 28.68 percent YOY, from Rs. 19.49 crore in Q2 FY25 to Rs. 25.08 crore in Q2 FY26, and grew by 16.76 percent QoQ from Rs. 21.48 crore in Q1 FY26.
In Q2 FY26, Mittal Life Style Limited’s consolidated net profit increased by 120.45 percent YOY, reaching Rs. 0.97 crore compared to Rs. 0.44 crore during the same period last year. As compared to Q1 FY26, the net profit has increased by 3133.33 percent, from Rs. 0.03 crore.
The basic earnings per share increased by 100 percent and stood at Rs. 0.02 as against Rs. 0.01 recorded in the same quarter in the previous year, FY2025. Mittal Life Style Limited’s standalone revenue and net profit have grown at a CAGR of 11.6 percent and 133.79 percent, respectively, over the last three years.
In terms of return ratios, the company’s ROCE and ROE stand at 4.27 percent and 3.08 percent, respectively. Mittal Life Style Limited has an earnings per share (EPS) of Rs. 0.05, and its debt-to-equity ratio is 0.14x.
Company Overview
Mittal Life Style Limited was established in 2005 and is based in Mumbai, India. It is a reputed trading house specializing in denim and bottom-weight fabrics. The company procures high-quality denim from various composite mills and supplies it mainly to the textile industry, catering to brands and garment manufacturers across the country.
The company has a wide range of denim fabrics, with over 200 regular types available, and maintains strong relationships with its mill suppliers and logistics partners to ensure timely delivery.
The company offers a diverse portfolio of fabrics including fashion fabrics, cotton canvas denims, dupion bottom fabrics, polyester fabrics, cotton fabric, and knit fabrics. It also provides technical advice and market insights to help customers make informed fabric choices and stay updated with market trends. Its geographical presence includes offices and warehouses in Mumbai and Bhiwandi, Maharashtra.
Written By – Nikhil Naik
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