Game Changers Texfab Q2 FY26 Share Price & Earnings Call Analysis
- Market cap
- ₹169 Cr
- P/E
- 9.23
- ROE
- 33.53%
- PEG
- 0.05
- Price to sales
- 1.20
- Debt to equity
- 0.15
- 52W high / low
- ₹160 / ₹80.2
- EBITDA margin
- 19.62%
- Net profit margin
- 13.15%
- Promoter holding
- 69.02%
- Sales (last year)
- ₹139 Cr
Game Changers Texfab Ltd runs an asset-light, technology-enabled fabric sourcing, distribution and omnichannel retail platform under TradeUNO, apparel under Fall in Love and a developing technical-textiles portfolio; manufacturing is outsourced to third-party “deemed manufacturing” units.[1]
Guidance scorecard · Q2 FY26 call
What Game Changers Texfab Ltd's management guided
and where it ranks in Textiles & Apparels
Textiles & Apparels
RevenueQ2 FY26 call
20–40%- Revenue growth expected at a 30% CAGR as per management commentary.
- Profit After Tax (PAT) growth targeted at 60%+ CAGR.
- Segmental strategy to increase B2C revenue from current 13-14% to 20-25% by 2028.
- Technical textile segment to grow from 2% to around 15% of revenue by 2028.
- B2B fabric business expected to reduce its share from 85% to 70-75% by 2028 as retail experience centers ramp up.
- Expansion of 10 experience centers over the next 2.5 years to support growth.
2 more points from Game Changers Texfab Ltd's call on revenue
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MarginsQ2 FY26 call
FlatSee what Game Changers Texfab Ltd said on margins — free account, 30 seconds.
CapexQ2 FY26 call
Planned- Planned CapEx of nearly ₹15.5 crores within the next 1.5 months as loan processing completes.
- Expansion of 10 experience centers over next 2.5 years, including large 8-10,000 sq.ft stores stocked with ~10,000 items each.
- Upcoming store openings targeted: Lajpat Nagar (possession expected February; operational by March 25), Chandigarh, Old Gurgaon, Dubai, and Bangladesh.
- Working capital limits set to increase from ₹9.5 crores to ₹25 crores to support larger orders and inventory.
FundraisingQ2 FY26 call
PlannedSee what Game Changers Texfab Ltd said on fundraising — free account, 30 seconds.
Order bookQ2 FY26 call
- The company is targeting a revenue of ₹100 crore from a new customer with ₹3,000 crore revenue and 225 stores across India.
- Working capital limits are expected to increase from ₹9.5 crore to ₹25 crore to support larger orders.
- Expansion plans include opening 2-3 stores in the next 6-9 months, with a total of 10 experience centers planned over 2.5 years.
- Working capital cycle has increased temporarily from 68 days to 97 days due to extended credit to select exporters impacted by US tariffs.
- The company is charging higher margins to cover additional interest costs and expects the cycle to return to 68 days once tariffs ease.
2 more points from Game Changers Texfab Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Textiles & Apparels
on management's own guidance
- Strong growth2
- Strong growth1
- Sumeet IndustrieGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Textiles & Apparels companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹560 Cr | 90.6 | |
| 2 | 40%+ | Flat | ₹421 Cr | 27.7 | |
| 3 | Sumeet Industrie | 20–40% | Up 2%+ | ₹751 Cr | 30.3 |
| 4 | 20–40% | Up 2%+ | ₹305 Cr | 20.4 | |
| 5 | 20–40% | Up 0–2% | ₹2,823 Cr | 17.5 | |
| 6 | 20–40% | Up 0–2% | ₹1,225 Cr | 69.7 |
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Pro shows every company guiding 40%+ revenue growth →Full Textiles & Apparels rankingFinancials of Game Changers Texfab Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Game Changers Texfab Ltd
Quarterly Results
Quarter-by-quarter operating performance
Financials of Game Changers Texfab Ltd
Profit & Loss
Annual income statement trend
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Sales + | 35 | 100 | 98 | 115 | 139 |
| Expenses + | 34 | 99 | 91 | 97 | 112 |
| Operating Profit | 1 | 1 | 7 | 19 | 27 |
| OPM % | 2% | 1% | 7% | 16% | 19% |
| Other Income + | 0 | 0 | 0 | 0 | 1 |
| Interest | 0 | 1 | 1 | 2 | 2 |
| Depreciation | 0 | 0 | 0 | 1 | 1 |
| Profit before tax | 0 | 1 | 6 | 16 | 25 |
| Tax % | 25% | 13% | 25% | 25% | 26% |
| Net Profit + | 0 | 1 | 4 | 12 | 18 |
| EPS in Rs | 48.70 | 169.87 | 1,368.59 | 9.64 | 10.19 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Financials of Game Changers Texfab Ltd
Balance Sheet
Capital structure and asset base
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0.03 | 0.03 | 0.03 | 13 | 18 |
| Reserves | 3 | 5 | 9 | 8 | 70 |
| Borrowings + | 5 | 7 | 10 | 10 | 13 |
| Other Liabilities + | 4 | 10 | 22 | 21 | 9 |
| Total Liabilities | 12 | 22 | 41 | 51 | 110 |
| Fixed Assets + | 1 | 1 | 6 | 6 | 9 |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 5 |
| Other Assets + | 11 | 20 | 36 | 45 | 96 |
| Total Assets | 12 | 22 | 41 | 51 | 110 |
Financials of Game Changers Texfab Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Cash from Operating Activity + | -0 | -2 | 3 | 3 | -40 |
| Cash from Investing Activity + | -0 | -0 | -1 | -2 | -8 |
| Cash from Financing Activity + | 0 | 2 | -2 | -2 | 50 |
| Net Cash Flow | 0 | 0 | 0 | -0 | 2 |
| Free Cash Flow | -0 | -2 | 2 | 2 | -43 |
| CFO/OP | -46% | -138% | 59% | 39% | -124% |
Financials of Game Changers Texfab Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 78 | 51 | 64 | 84 | 129 |
| Inventory Days | 67 | ||||
| Days Payable | 18 | ||||
| Cash Conversion Cycle | 78 | 51 | 64 | 84 | 178 |
| Working Capital Days | 9 | 9 | 27 | 57 | 211 |
| ROCE % | 12% | 42% | 71% | 40% |
Continue your research
What Game Changers Texfab Ltd's management said in earlier quarters
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