Mittal Life Style Ltd. (MITTAL) AI Stock Analysis

Mittal Life Style Ltd.

(NSE:MITTAL)

Select Model

Rating:61Neutral

Price Target:INR 0.70▲(3.88% Upside)

Action:reiterated

Date:09/08/26

The score is led by improving operating performance and a strong revenue ramp, but is held back by weak cash-flow quality (free cash flow still negative) and increased FY2026 leverage. Technicals are mixed with short-term strength but negative MACD and price below longer-term averages. Valuation is a positive offset due to the very low P/E based on the provided data.

Positive Factors

Revenue GrowthSteady revenue expansion, including a roughly 27% FY2026 increase, indicates improving demand and business scale. If sustained, this growth can support greater operating leverage, broaden the company’s commercial base, and create a stronger foundation for future earnings generation.

Negative Factors

Negative Free Cash FlowPersistently negative free cash flow, including approximately -54.7M in FY2026, means operating performance has not yet translated into sustainable internally funded cash generation. Continued investment or working-capital needs may therefore require external funding and constrain financial flexibility.

Mittal Life Style Ltd. (MITTAL) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 31.52M
Dividend Yield: ―
Average Volume (3M): 1.19M
Price to Earnings (P/E): 1.0
Beta (1Y): 1.09
Revenue Growth: 10.44%
EPS Growth: 78.76%
Country: India
Employees: 14
Sector: General
Sector Strength: 55
Industry: Manufacturing - Textiles

Mittal Life Style Ltd. Business Overview & Revenue Model

Company Description

Mittal Life Style Limited is an Indian firm that primarily specializes in providing bottom-weight fabrics and denims. The company's diverse product range, which serves the textile industry, includes various materials such as fashion fabrics, sturdy c...

Mittal Life Style Ltd. Financial Statement Overview

Summary

Income statement trends are improving with strong revenue growth and better operating profit, but net income was roughly flat despite the FY2026 jump in sales and margins remain thin. Balance sheet strength improved historically, yet FY2026 shows a sharp rise in debt that increases risk. Cash flow is the main drag: operating cash flow only turned positive in FY2026 and free cash flow remains negative, indicating ongoing funding needs.

Income Statement

62Positive

Balance Sheet

74Positive

Cash Flow

41Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	885.82M	914.54M	720.21M	673.78M	635.70M	518.17M
Gross Profit	76.73M	66.95M	40.33M	25.67M	15.25M	805.39K
EBITDA	85.55M	71.17M	39.30M	24.35M	8.37M	3.13M
Net Income	29.51M	22.91M	23.02M	17.16M	5.26M	1.79M
Balance Sheet
Total Assets	0	1.10B	671.88M	378.37M	336.22M	196.11M
Cash, Cash Equivalents and Short-Term Investments	21.87M	21.87M	178.21M	106.47M	115.60M	72.41M
Total Debt	0	189.61M	42.84M	7.83M	0	7.54M
Total Liabilities	-643.07M	457.80M	95.27M	51.09M	26.36M	35.92M
Stockholders Equity	643.07M	643.07M	576.61M	327.28M	309.87M	160.19M
Cash Flow
Free Cash Flow	-20.06M	-54.74M	-164.90M	-27.58M	-102.50M	48.74M
Operating Cash Flow	65.39M	247.47M	-32.58M	-20.55M	-92.82M	48.92M
Investing Cash Flow	-91.41M	-496.67M	-173.82M	8.85M	-37.06M	-70.18M
Financing Cash Flow	-7.53M	205.80M	244.19M	-372.00K	145.30M	21.29M

Mittal Life Style Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price0.67

Price Trends

50DMA0.76Negative

100DMA0.85Negative

200DMA0.91Negative

Market Momentum

MACD-0.03Negative

RSI34.28Neutral

STOCH25.40Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MITTAL, the sentiment is Negative. The current price of 0.67 is below the 20-day moving average (MA) of 0.68, below the 50-day MA of 0.76, and below the 200-day MA of 0.91, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 34.28 is Neutral, neither overbought nor oversold. The STOCH value of 25.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:MITTAL.

Mittal Life Style Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:MITTAL against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:BANG	63Neutral	INR 406.26M	8.62	―	―	18.99%	17.98%
IN:MITTAL	61Neutral	INR 29.30M	0.99	―	―	10.44%	78.76%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:SHIVAMILLS	53Neutral	INR 471.58M	14.73	―	―	-14.13%	―
IN:CELEBRITY	44Neutral	INR 394.39M	-3.17	―	―	-7.00%	33.30%
IN:SVPGLOB	42Neutral	INR 519.92M	1.13	―	―	-100.00%	―

* General Sector Average

Performance Comparison

IN:MITTAL and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:MITTAL	Mittal Life Style Ltd.	0.66	-0.82	-55.41%
IN:BANG	Bang Overseas Limited	29.96	-25.30	-45.78%
IN:CELEBRITY	Celebrity Fashions Limited	6.11	-4.42	-41.98%
IN:FLFL	Future Lifestyle Fashions Ltd.	0.83	-0.69	-45.39%
IN:SHIVAMILLS	Shiva Mills Ltd.	54.57	-15.82	-22.47%
IN:SVPGLOB	SVP Global Textiles Limited	4.11	0.41	11.08%

Mittal Life Style Ltd. Corporate Events

Mittal Life Style Files SEBI Compliance Certificate for September Quarter

Oct 12, 2026

Mittal Life Style Limited has submitted a compliance certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate, issued...

Mittal Life Style Withdraws Record Date for Share Consolidation After NSE Observation

Aug 21, 2026

Mittal Life Style Ltd. has withdrawn the previously announced record date of August 25, 2026 for its proposed consolidation of equity share capital. The move follows an observation from the National Stock Exchange that the consolidation would change...

Mittal Life Style Delays Equity Share Consolidation Pending Tribunal Nod

Aug 21, 2026

Mittal Life Style Limited has paused its planned consolidation of equity shares, which would have converted every 10 shares of Re.1 each into a single share of Rs.10, despite shareholder approval at its 21st Annual General Meeting. The move was initi...

Mittal Life Style Posts Modest Q1 FY27 Profit, Raises Capital via Preferential Allotment

Aug 10, 2026

Mittal Life Style Ltd. reported its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, with revenue from operations of about Rs 1,576.7 lakh and total revenue of Rs 1,614 lakh. The board also noted profit con...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 08, 2026

Mittal Life Style Ltd. AI Stock Analysis