Forcas Studio Limited
Incorporated in April 2010, Forcas Studio Limited sells men's clothing, including shirts, jeans, t-shirts, trousers, cotton pants, sportswear, party wear, fashion wear, and boxers.
What Forcas files
- Others33
- Investor Meet24
- Updates9
- Board Meeting7
- PPTs4
- Important2
FORCAS Studio launched its FTX fashion brand on Flipkart Minutes, tapping into quick commerce. This omnichannel move offers customers 20-minute deliveries, aiming to boost market reach and drive sustainable growth.
Forcas Studio's board approved a new ESOP scheme, enabling the grant of up to 0.02 Cr stock options, convertible into 0.02 Cr equity shares (face value Rs. 10), pending shareholder approval. This initiative aims to incentivize eligible employees.
Forcas Studio clarified significant share price movement, stating they are unaware of the reasons and that it is purely market-driven. Management confirms no connection to the price fluctuations, reiterating adherence to all disclosure norms.
Forcas Studio Ltd saw strong performance: Revenue up 39% to ₹197.65 Cr, EBITDA up 56.5% to ₹21.02 Cr, and PAT up 58% to ₹13.64 Cr. Own brands grew 41%, with TRIBE up 2.1x. Expanded distribution, Quick Commerce, and entered Women's Wear.
FORCAS Promoters confirmed that no company shares were encumbered or pledged during the past financial year. This indicates stability in their holdings and aligns with good governance practices.