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Indian Card Clothing Company

INDIANCARD NSE
₹191.94 No trade today
P/E
19.06
View as Markdown
MCP
Close 4 Nov 2026 ₹191.94 −56.61 −22.8% 1Y
Start ₹248.55

Key Fundamentals

MicrocapTextilesConsumer Discretionary

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
0.98%
Debt to Equity
0.01
EPS (TTM)
₹10.07
Book Value
₹577.29
Market Cap
—
P/E (TTM)
19.06
P/B
0.33
ROE
0.23%
Dividend Yield
13.16%
EBITDA
₹11.80 Cr
52W High
₹278.25
52W Low
₹153.00
Volume
0

Peer Comparison

Consumer Discretionary › Textiles › Textile Products › Other Textile Products

Indian Card Clothing Company peer comparison
₹1,174.8044.02₹39,972 Cr6.460.43%15.70%19.60%₹6,820 Cr₹913 Cr
₹264.5790.61₹25,018 Cr4.930.04%4.48%6.26%₹9,934 Cr₹287 Cr
₹529.8518.08₹14,989 Cr1.460.98%6.86%8.55%₹10,186 Cr₹860 Cr
₹23.8930.63₹12,083 Cr2.912.10%7.91%9.79%₹6,781 Cr₹395 Cr
₹525.3569.03₹9,390 Cr4.420.32%5.52%8.19%₹4,390 Cr₹150 Cr
₹753.6035.40₹7,222 Cr5.231.22%16.10%22.00%₹1,644 Cr₹210 Cr
₹584.9545.34₹5,974 Cr12.250.00%18.60%18.80%₹701 Cr₹131 Cr
₹191.9419.06₹112 Cr0.3313.16%0.23%0.98%₹42 Cr₹6 Cr
Median 8 companies₹527.6039.71₹10,736 Cr4.680.71%7.39%9.17%₹5,586 Cr₹249 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

50 Average

Data confidence 100/100

Category scores

Quality
30
Poor
Returns, margins, earnings quality 22% weight
Valuation
56
Good
Cheap vs sector & own history 24% weight
Growth
45
Weak
Sales & profit trajectory 9% weight
Financial Health
77
Strong
Solvency, leverage, coverage 9% weight
Momentum
49
Average
Trend strength, vol-adjusted 12% weight
Ownership
51
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

3
  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.33 times its book value

Weaknesses

5
  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -4.88% over past five years.
  • Company has a low return on equity of 1.22% over last 3 years.
  • Earnings include an other income of Rs.26.8 Cr.
  • Working capital days have increased from 129 days to 275 days

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallNeutral676
OscillatorsBullish072
Moving AveragesStrong Bearish604

Key readings

RSI (14)
49.55
Neutral
MACD (12,26,9)
−2.04
Bullish
SMA (50)
199.04
Bearish
SMA (200)
209.69
Bearish

As of

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10Y−6.13%
5Y−4.88%
3Y−14.01%
1Y0.00%
TTM+1.20%

Net profit

Net profit growth by window
10Y−16.05%
5YTurned to profit
3Y−0.27%
1Y−95.95%
TTM−78.12%

Operating cash flow

Operating cash flow growth by window
10YTurned negative
5YOutflow widened by ₹13.82 Cr
3YTurned negative
1YOutflow narrowed by ₹1.46 Cr
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10Y−30.13 pp
5Y−25.78 pp
3Y−26.40 pp
1Y+7.61 pp
TTM−2.43 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹64.53 Cr
Mar 2018₹71.52 Cr
Mar 2019₹57.61 Cr
Mar 2020₹61.31 Cr
Mar 2021₹53.98 Cr
Mar 2022₹66.51 Cr
Mar 2023₹66.11 Cr
Mar 2024₹55.46 Cr
Mar 2025₹42.03 Cr
Mar 2026₹42.03 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017₹8.60 Cr
Mar 2018−₹18.15 Cr
Mar 2019−₹20.49 Cr
Mar 2020−₹5.10 Cr
Mar 2021−₹2.44 Cr
Mar 2022₹191 Cr
Mar 2023₹3.75 Cr
Mar 2024₹7.97 Cr
Mar 2025₹91.87 Cr
Mar 2026₹3.72 Cr

Quarterly Results

₹ Cr
INDIANCARD quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales
15.04
15.51
12.63
12.27
10.02
11.23
10.56
10.22
9.65
10.73
10.41
11.24
9.78
13.14
Expenses
14.76
15.28
15.37
15.34
14.22
13.69
13.87
13.84
12.5
14.08
13.51
15.16
12.82
15.73
Operating Profit
0.28
0.23
−2.74
−3.07
−4.2
−2.46
−3.31
−3.62
−2.85
−3.35
−3.1
−3.92
−3.04
−2.59
OPM %
1.86%
1.48%
−21.69%
−25.02%
−41.92%
−21.91%
−31.34%
−35.42%
−29.53%
−31.22%
−29.78%
−34.88%
−31.08%
−19.71%
Other Income
3.42
8
4.71
3.72
78.37
12.37
4.49
25.92
7.16
11.38
3.89
1.46
10.06
8.95
Interest
0.44
0.65
0.46
0.6
0.55
0.66
0.79
0.73
0.32
0.25
0.22
0.17
0.36
—
Depreciation
1.17
1.21
1.54
1.02
1.16
1.23
1.24
1.32
1.11
1.15
1.23
1.22
1.03
1.11
PBT
2.09
6.37
−0.03
−0.97
72.47
8.03
−0.85
20.25
2.88
6.63
−0.66
−3.85
5.63
4.8
Tax %
13.88%
13.19%
2666.67%
−250.52%
7.77%
2.74%
−70.59%
13.68%
20.14%
18.25%
−9.09%
−12.21%
19.01%
10.63%
Net Profit
1.8
5.54
−0.83
1.46
66.84
7.81
−0.25
17.48
2.29
5.41
−0.61
−3.38
4.56
4.29
EPS (₹)
3.03
9.32
−1.4
2.46
113
13.15
−0.42
29.42
3.85
9.11
−1.03
−5.69
7.68
—

Sep 2026: from the results filed on 3 Nov 2026, ahead of the full statement, so some rows are blank.

Profit & Loss

₹ Cr
INDIANCARD profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
85.09
79.13
64.53
71.52
57.61
61.31
53.98
66.51
66.11
55.46
42.03
42.03
42.16
Expenses
79.46
74.85
68.71
79.17
73.49
63.25
53.41
64.9
65
60.2
55.62
52.42
55.57
Operating Profit
5.63
4.28
−4.18
−7.65
−15.88
−1.94
0.57
1.61
1.11
−4.74
−13.59
−10.39
−13.41
OPM %
6.62%
5.41%
−6.48%
−10.7%
−27.56%
−3.16%
1.06%
2.42%
1.68%
−8.55%
−32.33%
−24.72%
−31.81%
Other Income
2.88
30.4
23.92
−7.46
3.17
4.8
3.45
226
9.94
19.29
121
21.05
26.79
Interest
1.2
0.93
1.88
2.45
2.62
2.8
1.73
2.03
2.14
2.15
2.73
0.96
1
Depreciation
10.48
7.75
6.3
5.44
4.3
4.2
4.11
4.52
6.92
4.94
4.94
4.73
4.63
PBT
−3.17
26
11.56
−23
−19.63
−4.14
−1.82
221
1.99
7.46
99.89
4.98
7.75
Tax %
−13.56%
17.73%
25.52%
−21.13%
4.43%
23.19%
34.62%
13.81%
9.55%
−6.84%
8.03%
25.35%
—
Net Profit
−2.74
21.39
8.6
−18.15
−20.49
−5.1
−2.44
191
3.75
7.97
91.87
3.72
5.98
EPS (₹)
−6.28
39.68
19.05
−40.06
−45.13
−11.12
−3.87
321
6.16
13.42
155
6.26
10.07
Div. Payout %
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
36.53%
62.98%
0%
0%
0%
0%
7.78%
405.74%
0%
0%
0%
—

Balance Sheet

₹ Cr
INDIANCARD balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
4.55
4.55
4.55
4.55
4.55
4.55
5.94
5.94
5.94
5.94
5.94
5.94
Reserves
86.51
96.69
99.7
80
59.24
54.31
65.56
257
233
240
332
337
Borrowings
14.4
7.69
11.74
12.16
12.68
17.65
21.81
19.19
20.87
24.97
16.87
3.18
Other Liabilities
28.26
41.38
32.14
54.13
34.29
23.72
21.12
19.78
21.99
20.86
21.46
20.39
Total Liabilities
134
150
148
151
111
100
114
301
281
292
377
367
Fixed Assets
60.91
46.04
41.93
37.14
34.29
32.64
41.96
50.54
48.54
35.39
33.61
25.88
CWIP
3.3
3.27
1.62
0.56
0.39
0.61
0.36
0.04
0.56
0.5
0.59
1.06
Investments
25.1
50.34
63.03
64.54
27
15.09
7.77
30.42
150
182
250
271
Other Assets
44.41
50.66
41.55
48.6
49.08
51.89
64.34
220
82.41
74.23
92.59
68.63
Total Assets
134
150
148
151
111
100
114
301
281
292
377
367

Cash Flow

₹ Cr
INDIANCARD cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
6.22
23.65
−13.93
0.16
−34.54
−11.47
−2.04
−0.09
2.96
1.55
−17.32
−15.86
Investing
−1.3
0.57
20.12
1.88
36.07
13.02
−1.95
167
−121
−20.7
57.65
−3.37
Financing
−3.99
−15.32
−17.48
−1.73
−0.88
2.38
17.07
−4.59
−30.84
−2.11
−11.85
−14.5
Net Cash Flow
0.93
8.91
−11.29
0.3
0.65
3.94
13.08
162
−149
−21.27
28.47
−33.73
Free Cash Flow
3.52
48.44
3.84
0.2
−38.98
−12.02
−13.51
214
−2.45
−4.11
62.8
−19.26
CFO/EBITDA
128
453
346
−16
215
562
−454
−6
356
−29
105
164

Ratios

INDIANCARD financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
54.86
55.03
66.91
66.86
69.88
66.68
78.71
74.96
85.52
74.24
75.38
94.14
Inventory Days
216
193
292
265
264
231
237
154
213
213
317
390
Days Payable
53.58
129
178
217
170
153
147
117
179
238
331
228
Cash Conversion Cycle
218
120
182
115
164
145
169
112
120
49.74
61
257
Working Capital Days
25.69
−11.95
19.4
−70.22
17.04
25.78
70.73
82.98
72.82
162
−48.81
275
ROCE %
−2.76%
−1.17%
−5.32%
−6.83%
−18.96%
−5.53%
−0.62%
1.37%
1.48%
2.45%
7.04%
0.98%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Indian Card Clothing Company insights

64 extracted metrics across FY11–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 67.33%
  • Public 28.44%
  • Others 4.17%
  • FIIs 0.03%
  • DIIs 0.03%

No promoter shares pledged as of Sep 2026

Change vs previous quarter

Documents

Frequently Asked Questions about Indian Card Clothing Company

What does Indian Card Clothing Company Ltd do?
Incorporated in1975, Indian Card Clothing Company is in the business of card clothing and real estate
Where is Indian Card Clothing Company Ltd (INDIANCARD) listed?
Indian Card Clothing Company Ltd trades as INDIANCARD on the NSE and under code 509692 on the BSE.
Which sector does Indian Card Clothing Company Ltd belong to?
Indian Card Clothing Company Ltd is classified under the Textiles sector, in the Textile Products industry.
What is the PE ratio of Indian Card Clothing Company Ltd?
Indian Card Clothing Company Ltd trades at a PE ratio of 19.06 as of 4 Nov 2026, on earnings per share of ₹10.07, against a book value of ₹577.29 per share.
What is the 52-week high and low of Indian Card Clothing Company Ltd?
Over the last 52 weeks Indian Card Clothing Company Ltd has traded between ₹153 and ₹278.25 as of 4 Nov 2026.
Does Indian Card Clothing Company Ltd pay dividends?
Indian Card Clothing Company Ltd has a dividend yield of 13.16%.
What is the Return on Equity (ROE) of Indian Card Clothing Company Ltd?
Indian Card Clothing Company Ltd reported a return on equity of 0.23%. Its debt-to-equity ratio is 0.01.

Company Information

Incorporated in1975, Indian Card Clothing Company is in the business of card clothing and real estate

CEO Mr. Darshan Sheth
Employees 219
Listed 8 Jan 1997
Face Value ₹10

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