Marc Loire Fashions reported a profit after tax of Rs 1.77 crore for FY26, down from Rs 4.71 crore in the previous year. The decline is attributed to one-time IPO-related expenses following its BSE SME listing in July 2025. Revenue from operations stood at Rs 35.39 crore, with e-commerce driving over half of sales. The company has set a target of 15 retail stores by March 2027 and aims for 20-22% revenue growth in FY27.
Marc Loire Fashions FY26 Financial Results
Revenue: Rs 35.39 crore | Profit After Tax: Rs 1.77 crore
Reader Takeaway: Expansion into physical retail is the core growth driver; monitor margin recovery against rising operational costs.
What just happened
Marc Loire Fashions Ltd has released its financial results for FY 2025-26, the first full reporting cycle following its successful IPO and BSE SME listing on July 7, 2025. The company reported a net profit of Rs 1.77 crore on a revenue of Rs 35.39 crore. This represents a decline from the previous year’s profit of Rs 4.71 crore, primarily due to non-recurring costs associated with the public offering.
Why this matters
As a newly public entity, Marc Loire is transitioning from a digital-first footwear brand to an omnichannel player. The shift is evident in its sales mix, where e-commerce accounted for 53% of revenue, while physical store operations contributed 6.41%. The company is now aggressively pushing for an offline presence, targeting a total of 15 stores by March 31, 2027.
Guidance for FY 2026-27
Management has provided clear targets for the upcoming fiscal year:
- Revenue Growth: 20-22% expansion driven by category and brand visibility.
- Offline Mix: Aiming for offline sales to contribute up to 40% of total revenue.
- Profitability: Targeted EBITDA margins are set between 15% and 17%.
Risks to watch
- Competitive Landscape: The fashion footwear segment faces intense domestic and global competition which may pressure pricing.
- Input Costs: Volatility in the price of raw materials like synthetic leather and rubber could impact operating margins.
- Operational Execution: Success depends heavily on the company's ability to scale physical retail without eroding current margins.
Governance Update
The board saw a transition in leadership late in 2025. Independent Directors Mr. Saurav Gupta and Ms. Yamini Soni joined the board on November 15, 2025, succeeding Mr. Saurabh Shashwat and Ms. Rojina Thapa, who resigned shortly thereafter.