Has Lifestyle results and financials

BSE: 780014

Has Lifestyle Limited · Face value ₹10 · Listed Dec 2014

Latest announcements

Routine notices left out.

Results for the half year to Mar 2026

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

Revenue
₹9.58 Cr+42.3% on a year ago · +9.6% on the half year before
Net profit
−₹0.14 Cr
Earnings per share
−₹0.28
Net margin
−1.4%

From revenue to net profit, ₹ crore

  1. Revenue9.6
  2. Other income+0.2
  3. Finance costs0.0
  4. Profit before tax0.7
  5. Tax−0.8
  6. Net profit−0.1

Has Lifestyle results by half year

Standalone: the listed company alone, without its subsidiaries. Latest half year to Mar 2026. Results for the half year to Sep 2026 are due by 14 Nov 2026, 45 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by half year, ₹ crore

  • Revenue
  • Net profit
  • Loss
6.32.3Sep 236.40.5Mar 246.60.6Sep 246.70.3Mar 258.74.0Sep 259.6−0.1Mar 26
Peak revenue ₹9.58 Cr, half year to Mar 2026; lowest ₹6.31 Cr, half year to Sep 2023A loss in the half year to Mar 2026, −₹0.14 Cr

Operating and net margin by half year, per cent

  • Operating margin
  • Net margin
45.4%−1.4%2.2%4.5%36.1%7.7%8.7%4.2%45.4%−1.4%Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26
₹ croreSep 2021Mar 2022Sep 2022Mar 2023Filed 30 MaySep 2023Mar 2024Sep 2024Mar 2025Sep 2025Filed 13 NovMar 2026Filed 27 May
Revenue from operations63,4364,35,4365,70,0886,01,5606677910
93,305–5,25,678–––6–8–
Materials and goods bought21,7041,20,7101,66,8671,81,381222233
Employee costs6,799–34,895–––1–1–
Other expenses64,802–3,23,915–––4–5–
Operating profit before depreciation−29,869–44,410–––0–0–
Operating margin−47.1%–7.8%–––2.2%–4.5%–
Depreciation and amortisation21,331–16,445–––0–0–
Other income1,31,2861,37,22765,8211,26,949211140
Finance costs291135810000000
Profit before tax79,7951,62,06893,7051,00,458211041
−90240,356−26429,666010001
Tax rate−1.1%24.9%−0.3%29.5%0.1%51.2%0.4%41.1%−0.2%119.9%
Net profit80,6981,21,71293,96970,792201040
Net margin127.2%28.0%16.5%11.8%36.1%7.7%8.7%4.2%45.4%−1.4%
Earnings per share₹1.70₹2.56₹1.98₹1.49₹4.79₹1.05₹1.20₹0.60₹8.34−₹0.28
Earnings per share in rupees, restated for later splits and bonuses.

10 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
5.40.2Mar 179.00.1Mar 1812,11,565−3,90417,179Mar 1913,89,254−3,05010,319Mar 202,87,425−3,3776,200Mar 214,98,8712,02,4102,040Mar 2211,71,6481,64,7610Mar 23132.80Mar 24130.90Mar 25183.80Mar 26
Peak revenue ₹13,89,254 Cr, year to Mar 2020; lowest ₹5.36 Cr, year to Mar 2017A loss in 3 of the 10 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
40.6%−6.5%−6.5%2.9%6.4%0.1%6.3%3.0%0.6%−0.3%−0.2%−1.2%40.6%14.1%21.9%6.4%20.9%Mar 17Mar 19Mar 21Mar 23Mar 25Mar 26

Results for the year to Mar 2026

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Revenue18
  2. Materials and goods−5.5
  3. Employee costs−2.0
  4. Other expenses−9.7
  5. Operating profit1.2
  6. Depreciation−0.4
  7. Other income+4.0
  8. Finance costs−0.1
  9. Profit before tax4.6
  10. Tax−0.8
  11. Net profit3.8

What the company owns

  • Plant, investments and other assets₹19 Cr
  • Cash and bank₹2 Cr
  • Inventory₹0 Cr
  • Receivables₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹17 Cr
  • Other liabilities₹4 Cr
  • Owed to suppliers₹1 Cr

Profit and loss

Standalone, ₹ crore, years to March.

₹ croreMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Filed 30 MayMar 2024Mar 2025Mar 2026Filed 27 May
Revenue from operations5912,11,56513,89,2542,87,4254,98,87111,71,648131318
–10––––11,37,825121317
Materials and goods bought233,43,1654,03,27590,0561,42,4143,48,248445
Employee costs––––––99,221122
Other expenses––––––6,90,3567710
Operating profit before depreciation–−1––––33,823101
Operating margin–−6.5%––––2.9%6.4%0.1%6.3%
Materials, % of revenue––––––29.7%29.6%31.7%30.0%
Employee costs, % of revenue––––––8.5%11.0%12.4%10.7%
Other expenses, % of revenue––––––58.9%53.0%55.8%53.0%
Depreciation and amortisation00––––32,349000
Operating profit after depreciation–−1––––1,474101
Other income1144,51617,44866,4972,68,5131,92,770314
Finance costs–01,5341,00673642681000
Profit before tax00−7,751−4,597−4,5572,41,8631,94,163315
00−3,847−1,547−1,18039,45329,402101
Net profit00−3,904−3,050−3,3772,02,4101,64,761314
Net margin3.0%0.6%−0.3%−0.2%−1.2%40.6%14.1%21.9%6.4%20.9%
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the year to Mar 2018 they do not, so they are left blank. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2017: the statement does not state its finance costs, which operating profit is worked out from, so operating profit is not given. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2019, Mar 2020, Mar 2021 and Mar 2022: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Filed 30 MayMar 2024Mar 2025Mar 2026Filed 27 May
5,63,8825,60,8325,57,4557,59,8659,24,626121317
Share capital4,75,4114,75,4114,75,4114,75,4114,75,411555
Reserves88,47185,42182,0442,84,4544,49,2157812
17,17910,3196,2002,0400000
74,49943,03440,97390,05273,588111
3,54,0404,08,8063,86,0773,76,1823,36,192333
Total assets9,92,42010,12,6729,84,50512,26,09913,34,406151721
5,49,5916,64,5417,29,4598,58,67010,32,89981317
4,42,8293,48,1312,55,0463,67,4293,01,507844
Net debt−1,03,619−67,032−59,067−93,988−1,32,996−1−1−2
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Standalone, ₹ crore, years to March.

₹ croreMar 2021Mar 2022Mar 2023Filed 30 MayMar 2024Mar 2025Mar 2026Filed 27 May
1,27,330–2,83,476−265
1,30,968–3,12,938−265
78,941–86,426−550
Receivables66,160–−6,168−100
Inventories7,586–−4,927000
Payables−768–−7,525000
Other working capital5,962–1,05,046−541
Tax paid−2,724–−29,855−10−1
Interest paid−736––000
Capital spending0–1,519010
Free cash flow1,27,330–2,81,957−254
−1,17,421–−2,06,4382−5−4
−21,993–−40,071−100
Dividends paid0–0000
Shares issued0–0000
Net change in cash−12,083–36,968−110
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2017, Mar 2018, Mar 2019, Mar 2020 and Mar 2022. Interest paid is left blank for the year to Mar 2023: the line is filed below nought and is smaller than the rounding of its section's total, so the statement does not show which way it moved cash.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Filed 30 MayMar 2024Mar 2025Mar 2026Filed 27 May
Earnings per share₹0.33₹0.11−₹0.08−₹0.06−₹0.07₹4.26₹3.47₹5.84₹1.80₹8.05
Diluted earnings per share₹0.33₹0.11−₹0.08−₹0.06−₹0.07₹4.26₹3.47₹5.84₹1.80₹8.05
Book value per share––₹11,86,094.38₹11,79,678.47₹11,72,575.20₹15,98,333.38₹19,44,899.44₹25.31₹27.12₹35.16

Ratios

Standalone, years to March.

RatioMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Filed 30 MayMar 2024Mar 2025Mar 2026Filed 27 May
Revenue growth33.8%68.5%1,34,25,926.7%14.7%−79.3%73.6%134.9%−100.0%4.5%37.8%
Operating profit growth–––––––−100.0%−98.6%9,875.9%
Net profit growth−7.0%−67.3%––––−18.6%−100.0%−69.2%347.3%
Earnings per share growth−8.3%−66.7%––––−18.5%68.3%−69.2%347.2%
––−0.7%−0.5%−0.6%30.7%19.6%0.0%6.9%25.9%
–––0.1 pts−0.1 pts31.3 pts−11.2 pts−19.6 pts6.9 pts19.0 pts
From the net margin–––0.2 pts−2.4 pts21.5 pts−20.1 pts10.8 pts0.0 pts15.4 pts
From asset turnover–––−0.1 pts2.3 pts11.8 pts10.9 pts−30.4 pts7.7 pts3.9 pts
From borrowing–––0.0 pts0.0 pts−2.0 pts−2.0 pts0.0 pts−0.9 pts−0.4 pts
Return on capital employed––––––0.2%4.7%−1.7%4.5%
Cash conversion––––––172.1%−84.8%683.0%123.2%
Interest cover––––––18.321.6–10.3
Debt to equity––0.030.020.010.000.000.000.000.00
Receivable days––26197122062
Inventory days––2319552716161522
Payable days––––––––4935
Cash conversion cycle, days––––––––−29−11
Working capital days––7560189133301834424
Asset turnover––1.221.390.290.450.920.000.830.98
Assets per rupee of net worth––1.761.781.791.681.521.441.281.27
Sales per rupee of plant––4.175.481.473.2710.1112.479.0411.97
Capital spending to depreciation––––––0.050.463.041.16
Interest cover is left blank for the years to Mar 2018 and Mar 2025: operating profit after depreciation is a loss, and a loss covers no interest bill. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2026.

Return on assets, latest year
20.5%
Cash from operations against operating profit
407.6%
Measure10 years5 years3 years
Revenue growth, yearly rate16.4%−85.5%−97.5%
Profit growth, yearly rate36.5%–−97.1%
Return on equity, average–16.6%10.9%
Return on capital employed, average–1.9%2.5%
Operating margin, average–3.9%4.3%
Net margin, average10.6%20.8%16.4%
Asset turnover, average–0.640.60
Cash conversion cycle, days, average––−20
Interest cover, average––16.0
Debt to equity, average–0.000.00

Where the cash came from and went

Standalone: the listed company alone, without its subsidiaries. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ crore3 yearsLatest year
Cash from operations8.204.72
Cash from investing−7.18−3.99
Cash from financing−0.80−0.25
Capital spending1.300.48
Dividends paid0.000.00
Shares issued for cash0.000.00
Borrowings raised0.000.00
Borrowings repaid0.970.18

Accounting checks

Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Receivables growth less revenue growthOur threshold 0 percentage points–––−30.58−12.81−159.11618.880.01−73.58−90.21
Inventory growth less cost-of-goods growthOur threshold 0 percentage points–––−17.7241.89−81.27−97.470.00−5.7663.76
Other current assets growth less revenue growthOur threshold 5 per cent of revenue–––−2.71−2.5217.96−9.73−11,48,772.48−30.780.76
Effective tax ratePublished threshold 17.16 per cent1.86−116.67–––16.3115.1415.8519.0117.38
Tax charged less tax paid, % of profitOur threshold 10 percentage points––––––−0.230.111.98−0.30
A threshold marked as ours has no published figure; it is the line we read the check against.

Business segments

In the year to Mar 2026 the company reports one business segment, Fresh Juices, which carries all its revenue.

Who owns Has Lifestyle, filing by filing

Per cent of the company's shares. Every filing on record, from Mar 2017; the latest is the filing of 31 Mar 2025.

31 Mar 2025 filing

  • Promoters89.90%
  • Individuals and others10.10%

Shareholding pattern, per cent, from Sep 2022

  • Promoters
  • Individuals and others
89.90%10.10%89.90%89.90%89.90%10.10%10.10%10.10%Sep 22Mar 23Mar 25
Per centMar 2017Sep 2017Mar 2018Sep 2018Mar 2021Sep 2021Sep 2022Mar 2023Mar 202531 Mar
55.83%67.40%69.50%72.02%86.22%87.72%89.90%89.90%89.90%
Indian promoters55.83%67.40%69.50%72.02%86.22%87.72%89.90%89.90%89.90%
44.17%32.60%30.50%27.98%13.78%12.28%10.10%10.10%10.10%
Shares in issue47,54,10647,54,10647,54,10647,54,10647,54,10647,54,10647,54,10647,54,10647,54,106
Shares locked in14,50,82214,50,822–––––––
Promoters' shares locked in9,50,8229,50,822–––––––
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state.

Number of Has Lifestyle shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

13Mar 1712Sep 1712Mar 1812Sep 1810Mar 2110Sep 219Sep 229Mar 239Mar 25
ShareholdersMar 2017Sep 2017Mar 2018Sep 2018Mar 2021Sep 2021Sep 2022Mar 2023Mar 202531 Mar
All shareholders131212121010999
222222222
Indian promoters222222222
1110101088777
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state.

Has Lifestyle promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing of 31 Mar 2025; the largest is TEAM INDIA MANAGERS LTD, 76.51%.

Holder
TEAM INDIA MANAGERS LTDIndian companies, trusts and others76.51%36,37,356
HEMANG MANOJ BHATT .Individuals and Hindu undivided families13.39%6,36,500
No promoter shares are reported as pledged.

Largest public holders of Has Lifestyle, filing by filing

Per cent, on the same shares as the split above.

HolderMar 2017Sep 2017Mar 2018Sep 2018Mar 2021Sep 2021Sep 2022Mar 2023Mar 202531 Mar
DINESH NAGINDAS SHAH .Resident individuals, over ₹2 lakh at face value5.15%5.15%5.15%5.15%5.15%5.15%5.15%5.15%5.15%
ANJU SARAOGIResident individuals, over ₹2 lakh at face value1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%
RITADEVI MURARILAL AGARWALResident individuals, over ₹2 lakh at face value–3.16%1.05%1.05%1.05%1.05%1.05%1.05%1.05%
AJCON GLOBAL SERVICES LIMITEDOther non-institutions10.52%10.52%10.52%7.99%3.68%2.18%–––
LTS INVESTMENT FUND LTDInstitutions Foreign Portfolio Investor9.98%9.98%9.98%9.98%–––––
CHOICE EQUITY BROKING PRIVATE LIMITEDOther non-institutions14.51%––––––––
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.

Company details

BSE code
780014
ISIN
INE888Q01016
CIN
L74999MH2006PLC166037
Corporate identity number, the registrar of companies' code for it
Incorporated
2006
Registered office
35-B, Khatau Building, 2nd Floor, Alkesh Dinesh Modi Marg, Near BSE, Fort, Mumbai 400001, Maharashtra
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments