Rupa & Company Limited reports strong performance for Q3 & 9M FY22

• Revenue growth of 19% YoY at Rs. 1,019 Cr in 9M FY22
• EBITDA growth of 17% YoY at Rs. 194 Cr in 9M FY22
• EBITDA margin at 19.1% in 9M FY22
• PAT grew 30% YoY at Rs. 143 Cr in 9M FY22
• PAT margin at 14% in 9M FY22

Our Group Chairman, Mr. Prahlad Rai Agarwala has been conferred the ‘Padma Shri’
- one of the highest civilian honour of the country. The selection comes as a recognition of his distinguished service to the industry.

 

Kolkata, 9th February 2022; Rupa & Company Limited, one of the leading and largest knitwear brands in India, engaged in the manufacturing, marketing, selling and distribution of men's and women's innerwear, thermal wear and fashion wear announced its Unaudited Financial Results for the Quarter and nine month ended on 31st December 2021

Key Financial Highlights: Q3 FY22  

Particulars (Rs. Crs.)		Q3FY22		Q3 FY21		Y-o-Y		9M FY22		9M FY21		Y-o-Y
Revenues		433.2		345.6		25%		1,018.7		858.7		19%
EBITDA		80.9		64.3		26%		194.3		166.7		17%
EBITDA Margins (%)		18.7%		18.6%				19.1%		19.4%
Profit After Tax		58.3		43.4		34%		142.5		109.4		30%
PAT Margins (%)		13.5%		12.6%				14.0%		12.7%

 

 

 

 

 

 

 

 

 

 

 

 

* On Consolidated Basis

Commenting on the Results, Mr. Dinesh Kumar Lodha, CEO said  “We are extremely proud to announce that we continue to build upon the momentum in our growth trajectory.  On an already higher base, in Q3 FY22 we have registered double digit growth in Revenues, EBITDA and PAT at 25%, 26% and 34% respectively. As previously defined in our growth strategy, we continue to see robust demand for our attractively priced high-quality products.

The Company has added trendy & stylish products to expand the SKUs in sub brands. We are encouraged by the performance of Athleisure segment which is growing at a fast pace owing to the customer preference.

The Company is making in-roads in previously untapped geographies (X-factor Markets) and also increasing its penetration in established markets. Going forward, in response to growing demand from international markets, we intend to rapidly grow our exports business.

We have always been committed to our long-term goal of providing the highest level of consumer satisfaction with our products and brands and we are confident of achieving robust operational and financial performance going ahead.”

About Rupa & Company Limited

Rupa, today is one of the leading knitwear brands in India, covering the entire range of knitted garments from innerwear to casual wear. Rupa has a broad & unparalleled product portfolio of innerwear, thermal wear, and casual and athleisure wear. The Company has a bouquet of brands across all price segments – economy, mid-premium, premium as well as the super-premium across men, women, and kids.

The Company has 4 state of the art manufacturing facilities in Domjur (West Bengal), Tirupur (Tamil Nadu), Bengaluru (Karnataka) and Ghaziabad (NCR) with a capacity of 7,00,000 finished goods per day.

The Company has PAN India presence with over 1,200 dealers and over 1,25,000 retail touchpoints.

Safe Harbor Statement

Any forward-looking statements about expected future events, financial and operating results of the Company are based on certain assumptions which the Company does not guarantee the fulfilment of. These statements are subject to risks and uncertainties. Actual results might differ substantially or materially from those expressed or implied. Important developments that could affect the Company’s operations include a downtrend in the industry, global or domestic or both, significant changes in political and economic environment in India or key markets abroad, tax laws, litigation, labour relations, exchange rate fluctuations, technological changes, investment and business income, cash flow projections, interest, and other costs. The Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date thereof.