Icdsltd
NSE: ICDSLTD · Other · sector
₹50.74NSE close 2026-10-26
Key numbers
Market cap₹66 cr
Price₹50.74
52w high / low₹78 / ₹36
P/E99.5xSector median 14.4x
P/B2.2xSector median 1.7x
Book value₹23.0
Dividend yield–Sector median 0.37%
ROE2.2%Sector median 13.8%
ROCE3.0%Sector median 19.6%
OPM-3.9%Sector median 10.4%
Debt / equity0.00xSector median 0.29x
EV/EBITDA–Sector median 8.4x
Interest cover15.1x
Current ratio6.27x
Sales growth 3y+7.5%Sector median +7.7%
Profit growth 3y+42.2%Sector median +16.6%
PEG2.34x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 688 companies in Other (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹8 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 15.1x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 3 of the last 5 years (FY25, FY24, FY22).
- Net loss in 3 of the last 8 quarters.
- Revenue was higher than a year earlier in 1 of the last 4 quarters.
- Other income was 212% of net profit in the last 12 months.
- Debtor days went from 29 (FY24) to 13 (FY26).
- No dividend in the last 5 financial years.
- Price ₹50.74 on 2026-10-26: -34.7% from the 52-week high, +39.4% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹65.86 · low ₹37.60
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | 0 | 0 | 2 | 0 | 0 | 0 | -0 | 0 |
| OPM % | 49.1% | 31.4% | 64.3% | 48.1% | 18.9% | 43.9% | -84.6% | 1.6% |
| Other income | 1 | 0 | -0 | 1 | -0 | 0 | 0 | 1 |
| Net profit | 1 | -1 | 1 | 1 | -0 | 0 | -0 | 1 |
| EPS (₹) | 0.50 | -0.59 | 0.64 | 1.06 | -0.24 | 0.35 | -0.32 | 0.72 |
| Revenue YoY | 0.0% | +11.8% | -77.9% | -20.8% | ||||
| Profit YoY | -149.2% | – | -150.0% | -32.6% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1 | 2 | 2 | 4 | 2 | 2 |
| EBITDA | 6 | 0 | 1 | 2 | 0 | -0 |
| Net profit | 6 | 0 | 2 | 1 | 1 | 1 |
| EPS (₹) | 4.48 | 0.29 | 1.56 | 1.08 | 0.84 | 0.51 |
| Revenue growth | +64.1% | +18.8% | +71.1% | -38.7% | -46.2% | |
| Profit growth | -93.5% | +434.2% | -31.0% | -22.1% | -68.7% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +7.6% | +18.0% | -46.2% |
| Net profit | +42.2% | – | -68.7% |
| EPS | +42.5% | – | – |
| Share price | – | +5.9% (2y) | +3.1% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 26 | 28 | 29 | 30 |
| Borrowings | – | 0 | 0 | 0 | 0 |
| Cash & equivalents | – | 9 | 8 | 7 | 8 |
| Total assets | – | 27 | 29 | 32 | 33 |
| Fixed assets | – | 0 | 0 | 0 | 0 |
| Capital work in progress | – | 0 | 0 | 0 | 0 |
| Investments | – | 1 | 1 | 1 | 1 |
| Receivables | – | 0 | 0 | 0 | 0 |
| Inventory | – | 0 | 0 | 0 | 0 |
| Payables | – | 0 | 0 | 0 | 0 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -1 | 6 | -6 | 1 | 2 |
| Cash from investing | 0 | -6 | 6 | -1 | -1 |
| Cash from financing | 0 | -0 | -0 | 0 | -0 |
| Capex | 0 | 0 | 0 | 0 | 0 |
| Free cash flow | -1 | 6 | -6 | 1 | 2 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 1.5% | 7.4% | 4.8% | 3.6% |
| ROCE % | – | 2.3% | 8.8% | 10.3% | 4.8% |
| Debtor days | – | 15 | 29 | 8 | 13 |
| Inventory days | – | 0 | 0 | 0 | 0 |
| Payable days | – | 22 | 11 | 6 | 10 |
| Cash conversion cycle (days) | – | -7 | 18 | 2 | 3 |
| Working capital days | – | 1,610 | 2,322 | 992 | 1,935 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 51.39% |
| DIIs | 4.87% |
| of which Insurance | 0.01% |
| Public (non-institutions) | 43.73% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 51.39% | 51.39% | 51.39% | 51.39% | 51.39% | 51.39% | 51.39% | 51.39% |
| Promoter group | % |
|---|---|
| Teaching Fraternity and Education Trust | 16.15% |
| Music and Fine Arts Education Trust | 11.34% |
| The Academy of General Education | 6.67% |
| Sharath Investments Private Limited | 3.88% |
| T Satish U PAI | 3.24% |
| Manipal Technologies Limited | 2.92% |
| Kasturba Medical College Trust | 1.69% |
| Manipal Institute of Technology Trust | 1.60% |
| DR Ramdas M PAI | 1.42% |
| T. Ashok PAI | 1.37% |
| Manipal Finance Corporation Ltd | 1.27% |
| Vasanthi R PAI | 0.90% |
| Vijayalaxmi N PAI | 0.84% |
| T Satish U PAI HUF | 0.82% |
| Ranjan Ramdas PAI | 0.60% |
| Public holders above 1% | % |
|---|---|
| Mahendra Girdharilal Wadhwani | 7.20% |
| Lici ASM NON PAR | 4.85% |
| Saraswati Holding Corporation INC | 3.07% |
| Dipak Kanayalal Shah | 1.57% |
| Kanara Consumer Products Limited | 1.31% |
| Manipal Holdings Private Limited | 1.21% |
8,424 shareholders. Pledged: 0.00% of promoter shares.
Peers in Other
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TSFINV | ₹8,585 cr | 17.6x | 1.4x | 8.4% | 3.6% | 20.5% | +121.7% | 2.30% |
| KRISHANA | ₹6,339 cr | 39.9x | 11.3x | 41.6% | 23.2% | 12.6% | +95.7% | 0.05% |
| MARINE | ₹5,431 cr | 84.2x | 11.0x | 14.3% | 18.0% | 10.8% | +25.6% | 0.07% |
| ZOTA | ₹4,139 cr | – | 6.0x | -22.5% | -12.4% | -0.5% | +56.7% | 0.07% |
| AIMTRON | ₹3,319 cr | 71.7x | 17.1x | 28.0% | 31.8% | 21.8% | – | – |
| ACCORD | ₹2,984 cr | – | 261.7x | 12.4% | 12.0% | 2.4% | – | – |
| MONOLITH | ₹2,646 cr | 64.6x | 24.3x | 36.0% | 48.7% | 24.4% | – | – |
| UTSSAV | ₹2,390 cr | 40.2x | 14.1x | 43.4% | 54.7% | 7.9% | – | – |
| BETA | ₹2,200 cr | 40.6x | 5.0x | 16.4% | 17.0% | 20.8% | – | – |
| ICDSLTD | ₹66 cr | 99.5x | 2.2x | 2.2% | 3.0% | -3.9% | +7.5% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Rent on premises | ₹2 cr | 84.5% | ₹1 cr | 67.1% |
| Trading Activities | ₹0 cr | 11.7% | ₹-0 cr | -98.4% |
| Others | ₹0 cr | 3.8% | ₹0 cr | 100.0% |
| Financial Services (Recovery Activities) | ₹0 cr | – | ₹0 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-17 | Other | Annual General Meeting |
| 2023-09-20 | Other | Annual General Meeting |
| 2022-09-20 | Other | Annual General Meeting |
| 2021-09-23 | Other | Annual General Meeting |
| 2020-09-23 | Other | Annual General Meeting |
| 2019-09-19 | Other | Annual General Meeting |
| 2018-09-19 | Other | Annual General Meeting |
| 2017-09-20 | Other | Annual General Meeting |
| 2016-09-21 | Other | Annual General Meeting |
| 2015-09-23 | Other | Annual General Meeting |
| 2014-09-19 | Other | Annual General Meeting |
| 2013-09-18 | Other | Annual General Meeting |
| 2012-08-17 | Other | Annual General Meeting |
| 2011-09-12 | Other | Annual General Meeting |
| 2010-09-21 | Other | Annual General Meeting |
| 2009-09-23 | Other | Annual General Meeting |
| 2008-09-19 | Other | Annual General Meeting |
| 2007-08-16 | Other | Agm |
| 2006-08-09 | Other | Agm |
| 2005-08-12 | Other | Agm |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
Links go to the original files on the exchange website.
About the company
| Sector | |
| Industry | Other |
| Sub-industry | |
| Symbol | ICDSLTD |
| BSE code | – |
| ISIN | INE613B01010 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.