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Insight card · Q3 FY27

Revenue up +8.2% , but gross margin slipped 2.4 pts

Risk 41% · Watch
auto · 0.9s

Net revenue grew ₹4.21 Cr quarter-on-quarter, led by the wholesale channel. However, blended gross margin fell to 31.4% as raw-material costs rose faster than pricing. Collections are healthy, but two large receivables now exceed 60 days.

Net revenue

₹4.21 Cr

▲ 8.2%

Gross margin

31.4%

▼ 2.4 pts

Days rec.

58

▲ 6

model v2
41%likelihood of a margin breach in next 90 days
LowWatchCritical
•Two receivables (₹3.1 L) past 60 days — flag for dunning.
•Cotton input cost +14% vs plan; reprice 6 top SKUs.
Revenue (₹ Cr)Margin %
MetricQ2Q3Δ
Net revenue₹3.89 Cr₹4.21 Cr+8.2%
Gross profit₹1.25 Cr₹1.32 Cr+5.6%
Gross margin32.1%31.4%−2.4 pts
Operating cost₹0.94 Cr₹1.07 Cr+13.8%
EBITDA₹0.31 Cr₹0.25 Cr−19.4%

Formula

Gross margin = (Net revenue − COGS) ÷ Net revenue

= (4.21 − 2.88) ÷ 4.21 = 31.4%

Sourced from Tally GL · reconciled 0.4s ago

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cost_sheet_q3.xlsx

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