Indian Card Clothing Company Limited (INDIANCARD)

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Indian Card Clothing Company Limited (INDIANCARD) · mywealthgrid

About

Indian Card Clothing Company Limited operates in Other Textile Products within the Consumer Discretionary sector.

Face value: ₹10

Market cap

₹111 Cr

P/E

17.4×

P/B

0.3×

Dividend yield

ROE

1.4%

ROCE

Debt / equity

OPM

-24.7%

EPS (TTM)

₹10.7

Book value

₹577.4

52-week high

—

52-week low

—

2,526 historical price candles were omitted because the exchange source has not been verified.

₹188.4+2.5%1Y

Quick read

rule-based

Pros

+Almost debt-free (debt/equity 0)
+High promoter holding of 67.3% with no pledge

Cons

−Revenue shrank over the last 5 years (-5.1% a year)

Research score

Structured signal from quality, growth, valuation and momentum.

50/100

Business quality: 29
Growth: 38
Valuation: 84

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	73	58	61	55	67	66	55	42	42
COGS	26	23	22	18	24	19	16	12	12
Gross profit	47	35	40	37	42	47	39	30	30
	55	50	42	36	41	46	44	44	41
	-8	-16	-2	1	2	1	-5	-14	-10
OPM %	-10.6%	-27.6%	-3.3%	1%	2.4%	1.7%	-9.6%	-32.3%	-24.7%
Depreciation	5	4	4	4	5	5	5	5	5
Interest	2	3	3	2	2	2	2	3	1
	6	3	5	3	226	10	20	121	21
Profit before tax	—	—	-4	-2	221	5	7	100	5
Tax	-5	1	1	1	31	1	-1	8	1
Tax %	—	—	23.2%	34.1%	13.8%	26.9%	-6.7%	8%	25.3%
	-18	-20	-5	-2	191	4	8	92	4
PAT margin %	-25%	-35.6%	-8.3%	-4.5%	286.7%	5.7%	14.4%	218.6%	8.9%
EPS (₹)	-40.1	-45.1	-11.1	-4.4	321.4	6.2	13.4	154.6	6.3
EPS adjusted (₹)	-40.1	-45.1	-11.2	-4.1	321	6.2	13.4	154.9	8
	—	—	—	—	7.8%	405.8%	0%	0%	—
Annual report	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	5	5	5	6	6	6	6	6	6
Reserves	80	59	54	66	257	233	240	332	337
Minority interest	5	5	5	5	5	0	—	—	—
	12	12	18	22	19	21	21	13	0
	49	30	18	16	15	22	25	25	24
Total equity & liabilities	151	111	100	114	301	281	292	377	367
	37	34	33	42	51	25	28	27	23
CWIP	1	0	1	0	0	1	0	1	1
Investments	65	27	15	8	30	173	189	256	271
	49	49	52	64	220	82	74	93	72
Total assets	151	111	100	114	301	281	292	377	367

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Card Clothing	43.16	-9.82	58.86	17.14	41.72	-23.54
Realty	20.92	16.75

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	60.1%	64.6%	67%	63.5%	70.9%	70.4%	71.6%	72.3%
EBITDA margin %	-27.6%	-3.3%	1%	2.4%	1.7%	-9.6%	-32.3%	-24.7%
EBIT margin %	-35%	-10.1%	-6.5%	-4.4%	-5.8%	-18.5%	-44.1%	-36%
PAT margin %	-35.6%	-8.3%	-4.5%	286.7%	5.7%	14.4%	218.6%	8.9%
Working capital
Receivable days	70	67	78	75	86	74	75	94
Inventory days	264	231	240	154	213	213	317	390
Payable days	—	153	149	117	179	238	331	228
NWC days	—	145	169	112	120	50	61	257
Leverage
Current ratio	1.84	1.93	3.41	17.3	8.2	4.03	3.53	8.98
Debt to EBITDA	—	—	38	11.99	18.8	—	—	—
Debt to equity	0.19	0.3	0.3	0.07	0.09	0.09	0.04	0
Interest coverage	-6.5	-1.6	-0.2	1.4	4.1	4.5	9.3	7.3
Asset turnover	0.52	0.61	0.48	0.22	0.23	0.19	0.11	0.11
Return ratios
Return on assets %	-18.5%	-5.1%	-2.1%	63.3%	1.3%	2.7%	24.4%	1%
Return on capital employed %	-18.4%	-5.8%	-0.4%	1.4%	3.2%	3.6%	8.2%	2%
Return on equity %	-32.1%	-8.7%	-3.4%	72.7%	1.6%	3.2%	27.2%	1.1%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	67.33%	67.33%	67.33%	67.33%	67.33%	67.33%	67.33%	67.33%	67.33%	67.33%	67.33%	67.33%
	0.25%	0.25%	0.26%	0.25%	0.22%	0.22%	0.14%	0.14%	0.01%	0%	0%	0%
	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	32.39%	32.39%	32.38%	32.39%	32.42%	32.42%	32.5%	32.5%	32.63%	32.64%	32.64%	32.64%
No. of shareholders	—	—	—	—	—	—	—	—	10,374	10,201	10,045	9,912

Promoter holding up 0 percentage points since Sep 2023.

19 deals · 5 Sept 2023 – 18 Dec 2024

Date	Client	Type	Venue	Side	Quantity	Price	Value
18 Dec 2024	ASHOK JAIN	Bulk	NSE	Sell	63,000	₹431.63	₹2.72 Cr
18 Dec 2024	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Sell	40,262	₹432.05	₹1.74 Cr
18 Dec 2024	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Buy	40,262	₹431.47	₹1.74 Cr
18 Dec 2024	INDRA KIRAN VENTURES	Bulk	NSE	Sell	33,348	₹437.71	₹1.46 Cr
18 Dec 2024	INDRA KIRAN VENTURES	Bulk	NSE	Buy	13,348	₹424.16	₹0.57 Cr
9 Dec 2024	ASHOK JAIN	Bulk	NSE	Buy	30,000	₹316.66	₹0.95 Cr
21 Aug 2024	SANJANABEN SUKHABHAI KHANT	Bulk	NSE	Buy	59,967	₹301.48	₹1.81 Cr
21 Aug 2024	SANJANABEN SUKHABHAI KHANT	Bulk	NSE	Sell	59,967	₹301.71	₹1.81 Cr
21 Aug 2024	TRIMURTI CAPITAL BROKING LLP	Bulk	NSE	Sell	34,238	₹303.00	₹1.04 Cr
21 Aug 2024	TRIMURTI CAPITAL BROKING LLP	Bulk	NSE	Buy	34,238	₹301.99	₹1.03 Cr

1–10 of 19

1 / 2

Mr. Prashant Kunjbihari TrivediNon-Executive - Non Independent Director-Chairperson
Mr. Mehul Kunjbihari TrivediNon-Executive - Non Independent Director
Mr. Darshan Vijaysinh BhatiaNon-Executive - Independent Director
Mr. Chirag Manubhai ShahNon-Executive - Independent Director
Mr. Gurudas Vishwas ArasNon-Executive - Independent Director
Mr. Jyoteendra Mansukhlal KotharyNon-Executive - Non Independent Director
Mr. Sanjeevkumar Walchand KarkamkarExecutive Director
Ms. Shivangi Kishore KanvindeNon-Executive - Independent Director
Mr. Amogh BarveCompany Secretary and Compliance Officer & Head Legal & Corporate Affairs

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Indian Card Clothing Company Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

32 announcementsExport CSV

3 Sept 2026, 8:55 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

3 Sept 2026, 8:25 pmCompany Update

Disclosure Under Regulation 30 SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

General PDF

2 Sept 2026, 10:57 pmAGM/EGM

Notice Of The 72Nd Annual General Meeting (AGM) Of The Company, The Record Date And Book Closure

AGM PDF

2 Sept 2026, 10:42 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

1 Sept 2026, 10:51 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Directorate

Change in Directorate PDF

1 Sept 2026, 9:45 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

14 Aug 2026, 7:12 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

14 Aug 2026, 6:44 pmCompany Update

Announcement under Regulation 30 (LODR)-Acquisition

Acquisition PDF

Date	Category	Subject	Filing
3 Sept 2026, 8:55 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
3 Sept 2026, 8:25 pm	Company Update General	Disclosure Under Regulation 30 SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	60.1%	64.6%	67%	63.5%	70.9%	70.4%	71.6%	72.3%
EBITDA margin %	-27.6%	-3.3%	1%	2.4%	1.7%	-9.6%	-32.3%	-24.7%
EBIT margin %	-35%	-10.1%	-6.5%	-4.4%	-5.8%	-18.5%	-44.1%	-36%
PAT margin %	-35.6%	-8.3%	-4.5%	286.7%	5.7%	14.4%	218.6%	8.9%
Working capital
Receivable days	70	67	78	75	86	74	75	94
Inventory days	264	231	240	154	213	213	317	390
Payable days	—	153	149	117	179	238	331	228
NWC days	—	145	169	112	120	50	61	257
Leverage
Current ratio	1.84	1.93	3.41	17.3	8.2	4.03	3.53	8.98
Debt to EBITDA	—	—	38	11.99	18.8	—	—	—
Debt to equity	0.19	0.3	0.3	0.07	0.09	0.09	0.04	0
Interest coverage	-6.5	-1.6	-0.2	1.4	4.1	4.5	9.3	7.3
Asset turnover	0.52	0.61	0.48	0.22	0.23	0.19	0.11	0.11
Return ratios
Return on assets %	-18.5%	-5.1%	-2.1%	63.3%	1.3%	2.7%	24.4%	1%
Return on capital employed %	-18.4%	-5.8%	-0.4%	1.4%	3.2%	3.6%	8.2%	2%
Return on equity %	-32.1%	-8.7%	-3.4%	72.7%	1.6%	3.2%	27.2%	1.1%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
K.p.r. Mill LimitedKPRMILLKPRMILL	₹36,607 Cr	₹37,203 Cr	₹6,820 Cr	₹1,332 Cr	19.1%	₹912 Cr	13%	21.4%	16.2%	181
Welspun Living LimitedWELSPUNLIVWELSPUNLIV	₹22,941 Cr	₹24,744 Cr	₹9,934 Cr	₹884 Cr	8.4%	₹278 Cr	2.3%	6.6%	4.2%	108
Vardhman Textiles LimitedVTLVTL	₹15,322 Cr	₹17,177 Cr	₹10,186 Cr	₹1,387 Cr	12.6%	₹848 Cr	7.6%	8.6%	7.3%	259
Trident LimitedTRIDENTTRIDENT	₹11,293 Cr	₹13,061 Cr	₹6,781 Cr	₹877 Cr	13%	₹395 Cr	5.6%	10.6%	8%	103
Indo Count Industries LimitedICILICIL	₹8,789 Cr	₹9,862 Cr	₹4,390 Cr	₹424 Cr	9.5%	₹151 Cr	3.1%	10%	5.5%	215
Garware Technical Fibres LimitedGARFIBRESGARFIBRES	₹7,630 Cr	₹7,671 Cr	₹1,644 Cr	₹306 Cr	18.6%	₹190 Cr	13%	21.6%	15.3%	172
Kusumgar LimitedKUSUMGARKUSUMGAR	₹6,222 Cr	₹6,445 Cr	₹692 Cr	₹188 Cr	27.2%	₹98 Cr	14.2%	43.8%	35.2%	—
Filatex India LimitedFILATEXFILATEX	₹4,712 Cr	₹4,840 Cr	₹4,256 Cr	₹346 Cr	8.3%	₹191 Cr	4.4%	17.4%	12.9%	-4
Jindal Worldwide LimitedJINDWORLDJINDWORLD	₹4,594 Cr	₹5,152 Cr	₹2,300 Cr	₹124 Cr	5.9%	₹80 Cr	3.1%	13.5%	7.9%	112
Sanathan Textiles LimitedSANATHANSANATHAN	₹4,257 Cr	₹5,744 Cr	₹4,401 Cr	₹323 Cr	7.5%	₹61 Cr	2%	6.9%	4.2%	-25
Raymond Lifestyle LimitedRAYMONDLSLRAYMONDLSL	₹3,823 Cr	₹5,023 Cr	₹6,973 Cr	₹671 Cr	9.6%	₹43 Cr	0.7%	4%	0.5%	102
Alok Industries LimitedALOKINDSALOKINDS	₹3,505 Cr	₹29,610 Cr	₹3,775 Cr	₹66 Cr	0.8%	₹-711 Cr	-20%	-4%	—	93

₹ Cr	Mar 2018	Mar 2019	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	0	-35	-15	-0	3	2	-17	-16
	2	36	-2	167	-121	-21	57	-4
	-2	-1	17	-5	-31	-2	-12	-15
Net cash flow	0	1	-0	162	-149	-21	28	-34
Free cash flow	-0	-39	-15	-7	-3	-4	-33	-20
CFO / Operating profit %	—	—	—	-5.6%	266.7%	—	—	—

Indian Card Clothing Company Limited

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Segment results

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

16

1

Segment results

Compounded sales growth

Compounded profit growth

Return on equity

Card Clothing · revenue

Indian Card Clothing Company Limited

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Not in the F&O segment

Ratio timeline

No fund holdings on record

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Dividends16

Board meetings1

Profit & loss

Balance sheet

Segment results

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Card Clothing · revenue

16

1