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Libas Designs

NSEI:LIBAS
Snowflake Description

Proven track record with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LIBAS
NSEI
₹406M
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Libas Designs Limited engages in the process of fabrication of fabric into garments and other products in India. The last earnings update was 166 days ago. More info.


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LIBAS Share Price and Events
7 Day Returns
-0.6%
NSEI:LIBAS
-2.5%
IN Luxury
-2.1%
IN Market
1 Year Returns
-21.9%
NSEI:LIBAS
-8.9%
IN Luxury
-8.6%
IN Market
LIBAS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Libas Designs (LIBAS) -0.6% 18.4% 1.2% -21.9% - -
IN Luxury -2.5% -2% -3.9% -8.9% 47.6% 187.3%
IN Market -2.1% -4.5% -3.5% -8.6% 40.3% 78.7%
1 Year Return vs Industry and Market
  • LIBAS underperformed the Luxury industry which returned -8.9% over the past year.
  • LIBAS underperformed the Market in India which returned -8.6% over the past year.
Price Volatility
LIBAS
Industry
5yr Volatility vs Market

LIBAS Value

 Is Libas Designs undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Libas Designs. This is due to cash flow or dividend data being unavailable. The share price is ₹54.15.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Libas Designs's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Libas Designs's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:LIBAS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹2.59
NSEI:LIBAS Share Price ** NSEI (2019-02-18) in INR ₹54.15
India Luxury Industry PE Ratio Median Figure of 237 Publicly-Listed Luxury Companies 11.54x
India Market PE Ratio Median Figure of 2,715 Publicly-Listed Companies 15.16x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Libas Designs.

NSEI:LIBAS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NSEI:LIBAS Share Price ÷ EPS (both in INR)

= 54.15 ÷ 2.59

20.93x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Libas Designs is overvalued based on earnings compared to the IN Luxury industry average.
  • Libas Designs is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Libas Designs's expected growth come at a high price?
Raw Data
NSEI:LIBAS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 20.93x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-0.6%per year
India Luxury Industry PEG Ratio Median Figure of 27 Publicly-Listed Luxury Companies 1.09x
India Market PEG Ratio Median Figure of 606 Publicly-Listed Companies 1.1x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Libas Designs, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Libas Designs's assets?
Raw Data
NSEI:LIBAS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹20.28
NSEI:LIBAS Share Price * NSEI (2019-02-18) in INR ₹54.15
India Luxury Industry PB Ratio Median Figure of 307 Publicly-Listed Luxury Companies 0.69x
India Market PB Ratio Median Figure of 3,587 Publicly-Listed Companies 1.04x
NSEI:LIBAS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NSEI:LIBAS Share Price ÷ Book Value per Share (both in INR)

= 54.15 ÷ 20.28

2.67x

* Primary Listing of Libas Designs.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Libas Designs is overvalued based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Libas Designs's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Libas Designs has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

LIBAS Future Performance

 How is Libas Designs expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Libas Designs, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-0.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Libas Designs expected to grow at an attractive rate?
  • Libas Designs's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Libas Designs's earnings are expected to decrease over the next 1-3 years, this is below the India market average.
  • Unable to compare Libas Designs's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:LIBAS Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:LIBAS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -0.6%
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 18.3%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:LIBAS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:LIBAS Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 441 18 29
2017-03-31 241 -86 10
2016-03-31 215 4 9

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Libas Designs's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if Libas Designs is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:LIBAS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Libas Designs Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:LIBAS Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 2.59
2017-03-31 0.92
2016-03-31 6.07

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Libas Designs will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Libas Designs's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Libas Designs has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

LIBAS Past Performance

  How has Libas Designs performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Libas Designs's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Libas Designs has delivered over 20% year on year earnings growth in the past 5 years.
  • Libas Designs's 1-year earnings growth exceeds its 5-year average (180.4% vs 46.3%)
  • Libas Designs's earnings growth has exceeded the IN Luxury industry average in the past year (180.4% vs 14.1%).
Earnings and Revenue History
Libas Designs's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Libas Designs Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:LIBAS Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 440.81 29.11 55.09
2017-03-31 241.00 10.38 34.01
2016-03-31 214.65 9.10 12.85
2015-03-31 176.80 3.52 28.19
2014-03-31 140.73 3.33 24.96
2013-03-31 106.69 2.94 23.64
2012-03-31 91.75 2.69 21.50

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Libas Designs has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Libas Designs used its assets more efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Libas Designs's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Libas Designs's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Libas Designs has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

LIBAS Health

 How is Libas Designs's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Libas Designs's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Libas Designs is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Libas Designs's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Libas Designs's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Libas Designs Company Filings, last reported 10 months ago.

NSEI:LIBAS Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 228.16 121.31 37.42
2017-03-31 201.71 107.10 99.91
2016-03-31 35.32 74.82 2.94
2015-03-31 30.22 44.80 2.19
2014-03-31 26.68 35.14 2.24
2013-03-31 23.33 17.96 1.27
2012-03-31 20.72 13.09 2.55
  • Libas Designs's level of debt (53.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (77.1% vs 53.2% today).
  • Debt is not well covered by operating cash flow (14.9%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.5x coverage).
X
Financial health checks
We assess Libas Designs's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Libas Designs has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

LIBAS Dividends

 What is Libas Designs's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Libas Designs dividends.
If you bought ₹2,000 of Libas Designs shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Libas Designs's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Libas Designs's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:LIBAS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 109 Stocks 0.7%
India Market Average Dividend Yield Market Cap Weighted Average of 1397 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Libas Designs has not reported any payouts.
  • Unable to verify if Libas Designs's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Libas Designs's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Libas Designs has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Libas Designs's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Libas Designs afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Libas Designs has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

LIBAS Management

 What is the CEO of Libas Designs's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Reshma Ganji
COMPENSATION ₹1,800,000
AGE 45
CEO Bio

Mrs. Reshma Riyaz Ganji serves as Managing Director of Libas Designs Limited and also has been its Director since July 26, 2016. Mrs. Ganji is a Mumbai based International Fashion Designer and having experience of more than 20 years in this field. She is the first Indian Female Designer to represent India at the World Trade Center (New York). She has also received the 'No. 1 Fashion Designer Brand Award' in 2015 for Libas. Mrs. Ganji has done her graduation from Mumbai University.

CEO Compensation
  • Reshma's compensation has been consistent with company performance over the past year.
  • Reshma's remuneration is about average for companies of similar size in India.
Management Team

Nishant Mahimtura

TITLE
Chairman & CFO
COMPENSATION
₹1M
AGE
71
TENURE
2.4 yrs

Reshma Ganji

TITLE
MD & Director
COMPENSATION
₹2M
AGE
45

Riyaz Ganji

TITLE
Executive Director
COMPENSATION
₹2M
AGE
48
Board of Directors Tenure

Average tenure and age of the Libas Designs board of directors in years:

2.4
Average Tenure
50
Average Age
  • The average tenure for the Libas Designs board of directors is less than 3 years, this suggests a new board.
Board of Directors

Nishant Mahimtura

TITLE
Chairman & CFO
COMPENSATION
₹1M
AGE
71

Reshma Ganji

TITLE
MD & Director
COMPENSATION
₹2M
AGE
45
TENURE
2.6 yrs

Riyaz Ganji

TITLE
Executive Director
COMPENSATION
₹2M
AGE
48
TENURE
14.3 yrs

Anand Taggarsi

TITLE
Non-Executive & Independent Director
AGE
52
TENURE
2.4 yrs

Reema Varde

TITLE
Non-Executive & Independent Director
AGE
37
TENURE
2.4 yrs

Vivek Kamath

TITLE
Non-Executive & Independent Director
AGE
57
TENURE
2.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Libas Designs's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Libas Designs has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

LIBAS News

Simply Wall St News

How Does Investing In Libas Designs Limited (NSE:LIBAS) Impact The Volatility Of Your Portfolio?

The second type is the broader market volatility, which you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks on the market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.

Simply Wall St -

Here's What Libas Designs Limited's (NSE:LIBAS) P/E Is Telling Us

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … Libas Designs has a price to earnings ratio of 19.36, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

What Do You Get For Owning Libas Designs Limited (NSE:LIBAS)?

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Return On Capital Employed (ROCE): What is it? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

Why Libas Designs Limited (NSE:LIBAS) Looks Like A Quality Company

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … To keep the lesson grounded in practicality, we'll use ROE to better understand Libas Designs Limited (NSE:LIBAS). … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Libas Designs Limited (NSE:LIBAS): Time For A Financial Health Check

While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Assessing first and foremost the financial health is. … Here are few basic financial health checks you should consider before taking the plunge.

Simply Wall St -

What Do You Get For Owning Libas Designs Limited (NSE:LIBAS)?

and want to begin learning the link between Libas Designs Limited (NSE:LIBAS)’s return fundamentals and stock market performance. … Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital … This is because the actual cash flow generated by the business dictates the potential for income (dividends) and capital appreciation (price increases), which are the two ways to achieve positive returns when buying a stock.

Simply Wall St -

What does Libas Designs Limited's (NSEI:LIBAS) Balance Sheet Tell Us Abouts Its Future?

How does LIBAS’s operating cash flow stack up against its debt? … Additionally, LIBAS has produced ₹4.0M in operating cash flow in the last twelve months, resulting in an operating cash to total debt ratio of 0.07x, indicating that LIBAS’s operating cash is not sufficient to cover its debt. … At its current level of cash flow coverage, LIBAS has room for improvement to better cushion for events which may require debt repayment.

Simply Wall St -

LIBAS Company Info

Map
Description

Libas Designs Limited engages in the process of fabrication of fabric into garments and other products in India. The company offers sherwanis, suits, jackets, shirts, pants, and Indo Western products for men; sarees, suits, lehenga, gowns, and anarkari for women; accessories comprising jewelries, belts, mojaris, cufflinks, and saffa; jute bags, such as carry, gifts, bottle, lunch, and grocery bags; and formal shoes and accessories for men and women. It also provides beauty services. The company markets its products under the LIBAS RIYAZ GANGJI, Gangji Jewels, and LIBAS reshma riyaz gangji brands. Libas Designs Limited was incorporated in 2004 and is based in Mumbai, India.

Details
Name: Libas Designs Limited
LIBAS
Exchange: NSEI
Founded: 2004
₹406,125,000
7,500,000
Website: http://www.libasfashion.com
Address: Libas Designs Limited
401, Crecent Royal,
4th Floor,
Mumbai,
Maharashtra, 40005,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NSEI LIBAS Equity Shares National Stock Exchange of India IN INR 09. Jan 2017
Number of employees
Current staff
Staff numbers
0
Libas Designs employees.
Industry
Apparel, Accessories and Luxury Goods
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/19 13:37
End of day share price update: 2019/02/18 00:00
Last earnings filing: 2018/09/06
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.