---
title: "Game Changers Texfab Ltd (544594) — Share Price, Financials & Analysis"
symbol: "544594"
company: "Game Changers Texfab Ltd"
canonical: "https://tapetide.com/stocks/544594"
isin: "INE1GUJ01014"
nse_symbol: "GAMECHANGERSTEXFABLTD"
bse_code: "544594"
sector: "Textiles"
industry: "Textiles & Apparels"
market_cap_cr: 195.48
generated_at: "2026-09-13T19:41:52.844Z"
---

# Game Changers Texfab Ltd (544594)

Canonical page: https://tapetide.com/stocks/544594

## Company

- **NSE Symbol:** GAMECHANGERSTEXFABLTD
- **BSE Code:** 544594
- **ISIN:** INE1GUJ01014
- **Sector:** Textiles
- **Industry:** Textiles & Apparels
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2025-11-04
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** tradeuno.com

## About

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]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:48:47.988661Z.

- **Market Cap:** ₹195.48 Cr
- **Classification:** SME
- **P/E (reported):** 11
- **Book Value:** ₹49.07
- **Price to Book:** 2.28
- **Dividend Yield:** 0%
- **ROE:** 57.43%
- **ROCE:** 70.9%
- **Debt to Equity:** 0.15
- **Revenue (yearly):** ₹138.75 Cr
- **Net Income:** ₹18.26 Cr
- **EBITDA:** ₹27.05 Cr
- **52-Week High:** ₹161.95
- **52-Week Low:** ₹87
- **RSI (14):** 14.67

## Key Insights

### Strengths

- Company has a good return on equity (ROE) track record: 3 Years ROE 45.4%

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 92.4 to 129 days.
- Working capital days have increased from 98.3 days to 211 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 28.24% | 277.72% | 3.27% |
| ebitda margin growth | 14% | 20.55% | 181.86% | 712.55% |
| net income growth | 9.1% | 50.91% | 223% | — |
| revenue growth | 85.9% | 20.03% | 11% | 31.64% |
| roce | — | 47.37% | 232.4% | 39.41% |
| roe | — | 20.25% | 38.83% | 408.23% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 55 | 60 | 57 | 82 |
| Expenses | 48 | 49 | 45 | 67 |
| Operating Profit | 7 | 11 | 12 | 15 |
| OPM % | 14 | 18 | 21 | 18 |
| Other Income | 0 | 0 | 0 | 0 |
| Interest | 0 | 1 | 1 | 1 |
| Depreciation | 0 | 1 | 1 | 1 |
| Profit before tax | 7 | 9 | 11 | 14 |
| Tax % | 23 | 27 | 25 | 27 |
| Net Profit | 5 | 7 | 8 | 10 |
| EPS in Rs | 1660.26 | 5.5 | 6.64 | 5.55 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | 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 % | 2.2 | 1.3 | 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 | 48.7 | 169.87 | 1368.59 | 9.64 | 10.19 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | 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 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | 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 |

### Ratios

| Item | 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 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2025 | Jun 2025 | Sep 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 98.67% | 98.67% | 69.02% | 69.02% | 69.02% |
| FIIs | 0% | 0% | 7.65% | 0.59% | 0.08% |
| DIIs | 0% | 0% | 5.51% | 0.68% | 0.68% |
| Government | 0% | 0% | 0% | 0% | 0% |
| Public | 0% | 0% | 13.38% | 17.96% | 18.06% |
| Others | 1.33% | 1.33% | 4.44% | 11.75% | 12.16% |
| No. of Shareholders | 19 | 19 | 905 | 398 | 419 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 5 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 111.99 | Sell |
| EMA (10) | 112 | Sell |
| SMA (20) | 114.49 | Sell |
| EMA (20) | 112.53 | Sell |
| SMA (50) | 107.04 | Buy |
| EMA (50) | 110.23 | Sell |
| SMA (100) | 108.09 | Buy |
| EMA (100) | 111.01 | Sell |
| SMA (200) | 117.2 | Sell |
| EMA (200) | 117.13 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 47 | Neutral |
| MACD (12,26,9) | 0.18 | Sell |
| Stochastic (14,3,3) | 25.95 | Neutral |
| ADX (14) | 12.1 | Neutral |
| Williams %R (14) | -87.38 | Buy |
| ATR (14) | 5.21 | High Volatility |
| ROC (12) | -10.45 | Sell |
| Stoch RSI (14) | 8.19 | Buy |
| UO (7,14,28) | 40.91 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-04 | [Board Meeting Outcome for Outcome Of The Board Meeting Held On 04.09.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c6568f4c-5f95-469c-84ab-765904206154.pdf) |
| 2026-09-04 | [Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c7868895-61ff-4663-963f-7713c331e0c2.pdf) |
| 2026-09-04 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=169ec72f-e210-4438-92f0-3cb008ccd478.pdf) |
| 2026-09-04 | [Notice Of 11Th Annual General Meeting Of The Game Changers Texfab Limited](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ebee2fbc-0681-46e5-83f3-7b7880a2bf8f.pdf) |
| 2026-09-04 | [Letter To Shareholders Of Game Changers Texfab Limited](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e2c735eb-40a1-4b2e-86c4-9fe56e21e4ae.pdf) |
| 2026-08-26 | [Inauguration Of The CompanyS New Flagship Experience Centre At Lajpat Nagar New Delhi](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6a2434fe-6c05-49da-9f67-242a71bd92f0.pdf) |
| 2026-08-21 | [Intimation Of Key Business Developments - Inauguration Of New Flagship Experience Centre Participation In International Trade Exhibitions And Receipt Of Export Orders.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a41c98ce-9939-43e3-a75b-4981633393b4.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f6a4c4fc-397d-4df4-a08f-98a718d8bf94.pdf) |
| 2026-08-11 | [Reply To BSE Email For Clarification On Price Movement](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=284dda51-934b-4692-aeac-9c28c0be3b62.pdf) |
| 2026-07-09 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e555a8bc-ae8f-45a8-850a-a101307c96e3.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8h - CIN changed to L14101DL2015PLC278723; MCA listing status updated to Yes. | [Intimation Regarding Updated CIN In Master Data On MCA Portal 8h - CIN changed to L14101DL2015PLC278723; MCA listing status updated to Yes.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/8d4df81b-c3af-4481-b69e-fb978d99e9cb.pdf) |
| 6 May - Monitoring agency report for quarter ended March 31, 2026 shows no deviation; ₹54.83 crore IPO proceeds partly unutilized. | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report 6 May - Monitoring agency report for quarter ended March 31, 2026 shows no deviation; ₹54.83 crore IPO proceeds partly unutilized.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/1042dbf2-9485-4c24-83b1-d90c716d74f4.pdf) |
| 6 May - Board approved RPT disclosure, monitoring agency report, and appointed Nitesh Kumar & Associates as internal auditor for FY26-27. | [Announcement under Regulation 30 (LODR)-Change in Management 6 May - Board approved RPT disclosure, monitoring agency report, and appointed Nitesh Kumar & Associates as internal auditor for FY26-27.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/1ca8e549-d3bd-4889-aafe-dc8525fa4172.pdf) |
| 6 May - Board approved audited FY26 standalone and consolidated results; unmodified audit opinion; IPO listed November 4, 2025. | [Board Meeting Outcome for Outcome Of Board Meeting Pursuant To Regulation 30 And Regulation 33 Of The SEBI (LODR) Regulations 2015 6 May - Board approved audited FY26 standalone and consolidated results; unmodified audit opinion; IPO listed November 4, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/0c40a1a0-ddfe-4b08-9a39-8e321fdb4a73.pdf) |
| 6 May - Board approved audited FY26 standalone and consolidated results; auditors issued unmodified opinion. | [Standalone And Consolidated Financial Results For Half Year And Year Ended On March 31 2026 6 May - Board approved audited FY26 standalone and consolidated results; auditors issued unmodified opinion.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/36a91457-9caa-4a20-a96a-bf93dc24091a.pdf) |
| 30 Apr - Board meeting on May 6, 2026 to approve audited FY26 standalone and consolidated results. | [Board Meeting Intimation for Prior Intimation Of Board Meeting Under Regulation 29 Of The SEBI (LODR) Regulations 2015 30 Apr - Board meeting on May 6, 2026 to approve audited FY26 standalone and consolidated results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fc2e931c-ade8-4bd2-beb5-1b269caf2708.pdf) |
| 30 Apr - Board meeting on May 6, 2026 to approve audited FY26 standalone and consolidated results. | [Board Meeting Intimation for Prior Intimation Of Board Meeting Under Regulation 29 Of The SEBI (LODR) Regulations 2015 30 Apr - Board meeting on May 6, 2026 to approve audited FY26 standalone and consolidated results.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/fc2e931c-ade8-4bd2-beb5-1b269caf2708.pdf) |
| 29 Apr - Company states Regulation 24A not applicable; no annual secretarial compliance report for year ended 31 March 2026. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 29 Apr - Company states Regulation 24A not applicable; no annual secretarial compliance report for year ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/3a243e33-8eef-4bbc-9acb-90186887a6d0.pdf) |
| 26 Mar - Game Changers Texfab: Trading window closed from April 1, 2026 until 48 hours after March 31, 2026 financial results. | [Closure of Trading Window 26 Mar - Game Changers Texfab: Trading window closed from April 1, 2026 until 48 hours after March 31, 2026 financial results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/83755006-7c9b-4f07-83e6-34a3d03bb609.pdf) |
| 24 Feb - Non-deal roadshow with analysts on Feb 26, 2026, 15:30-17:00 IST in Mumbai; no unpublished price-sensitive information. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 24 Feb - Non-deal roadshow with analysts on Feb 26, 2026, 15:30-17:00 IST in Mumbai; no unpublished price-sensitive information.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c3e198ea-68c8-48bf-84f8-b7d773e4e79d.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-05-21 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8f6ebae4-2176-4a74-91bd-04918628428d.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-06 | [Standalone And Consolidated Financial Results For Half Year And Year Ended On March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=36a91457-9caa-4a20-a96a-bf93dc24091a.pdf) |
| 2025-11-25 | [Outcome Of Board Meeting Under Regulation 30 And 33 Of SEBI(LODR) Regulations 2015 For Unaudited Financial Statements Of The Company For Half Year Ended On September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fdd297c8-7025-4fdc-9609-7499d28c342d.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5f8ad7f3-77e2-4653-a00b-624c8fdb8217.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8f6ebae4-2176-4a74-91bd-04918628428d.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/8f6ebae4-2176-4a74-91bd-04918628428d.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2025-12-01 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=92a04991-a4bb-4609-99e6-a7a66f744c98.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:41:52.844Z.