Lovable Lingerie Ltd Research Report By Karvy

High Potential being a Branded Organized Player, but Challenge Remains in Converting Potential into Performance: LLL is a focused player in the women innerwear segment of Indian apparel industry, with strong brand recall value. There are very few organized players in this industry in India and the market growth is in sector is more than 13%, Lovable has immense opportunities in this sector. We believe that if the company is able to sort out it’s issues related to distributors, it would be able to post improved revenues in the coming years, with the possibility of converting its potential into performance.

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