Indian Card Clothing Co.
NSE: INDIANCARD · Other · sector
₹184.02NSE close 2026-10-26
Key numbers
Market cap₹109 cr
Price₹184.02
52w high / low₹278 / ₹153
P/E18.2xSector median 14.4x
P/B0.3xSector median 1.7x
Book value₹577.3
Dividend yield0.00%Sector median 0.37%
ROE1.9%Sector median 13.8%
ROCE2.5%Sector median 19.6%
OPM-34.4%Sector median 10.4%
Debt / equity0.00xSector median 0.29x
EV/EBITDA–Sector median 8.4x
Interest cover8.7x
Current ratio8.97x
Sales growth 3y-14.0%Sector median +7.7%
Profit growth 3y+8.8%Sector median +16.6%
PEG33.92x
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 ₹90 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 8.7x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 5 of the last 5 years (FY26, FY25, FY24, FY23, FY22).
- Net loss in 3 of the last 8 quarters.
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 437% of net profit in the last 12 months.
- Debtor days went from 74 (FY24) to 94 (FY26).
- Dividend paid in 1 of the last 5 financial years.
- Price ₹184.02 on 2026-10-26: -33.9% from the 52-week high, +20.3% 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 ₹387.30 · low ₹167.20
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11 | 11 | 10 | 10 | 11 | 10 | 11 | 10 |
| EBITDA | -3 | -3 | 7 | -3 | -3 | -3 | -5 | -3 |
| OPM % | -26.5% | -31.3% | 70.7% | -29.6% | -31.2% | -32.0% | -42.7% | -31.0% |
| Other income | 13 | 4 | 15 | 7 | 11 | 4 | 2 | 10 |
| Net profit | 8 | -0 | 18 | 2 | 6 | -1 | -3 | 5 |
| EPS (₹) | 13.14 | 0.43 | 29.42 | 3.86 | 9.11 | -1.02 | -5.69 | 7.68 |
| Revenue YoY | -4.5% | -1.4% | +10.0% | +1.3% | ||||
| Profit YoY | -28.4% | – | -117.8% | +96.9% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 67 | 66 | 55 | 42 | 42 | 42 |
| EBITDA | 222 | -2 | -5 | 64 | -12 | -15 |
| Net profit | 191 | 4 | 8 | 92 | 5 | 6 |
| EPS (₹) | 321.36 | 6.16 | 13.41 | 154.63 | 6.26 | 10.08 |
| Revenue growth | -0.6% | -16.1% | -24.2% | 0.0% | +1.2% | |
| Profit growth | -98.1% | +117.8% | +1,054.5% | -94.9% | -76.8% | |
| Dividend / share (₹) | – | 50.00 | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -14.0% | -5.1% | +1.2% |
| Net profit | +8.8% | – | -76.7% |
| EPS | +0.5% | – | – |
| Share price | – | -13.7% (2y) | -24.7% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 238 | 246 | 338 | 343 |
| Borrowings | – | 21 | 21 | 13 | 0 |
| Cash & equivalents | – | 113 | 52 | 79 | 90 |
| Total assets | – | 281 | 292 | 377 | 367 |
| Fixed assets | – | 25 | 28 | 27 | 23 |
| Capital work in progress | – | 1 | 0 | 1 | 1 |
| Investments | – | 81 | 153 | 212 | 188 |
| Receivables | – | 15 | 11 | 9 | 11 |
| Inventory | – | 11 | 10 | 10 | 12 |
| Payables | – | 9 | 11 | 11 | 7 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -0 | 3 | 2 | -17 | -16 |
| Cash from investing | 167 | -121 | -21 | 57 | -4 |
| Cash from financing | -5 | -31 | -2 | -12 | -14 |
| Capex | 7 | 6 | 6 | 16 | 4 |
| Free cash flow | -7 | -3 | -4 | -33 | -20 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 1.5% | 3.2% | 27.2% | 1.4% |
| ROCE % | – | 2.3% | 3.6% | 29.2% | 1.7% |
| Debtor days | – | 86 | 74 | 75 | 94 |
| Inventory days | – | 213 | 213 | 317 | 390 |
| Payable days | – | 179 | 238 | 331 | 227 |
| Cash conversion cycle (days) | – | 120 | 49 | 61 | 257 |
| Working capital days | – | 709 | 386 | 657 | 997 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 67.33% |
| FIIs | 0.03% |
| DIIs | 0.03% |
| Public (non-institutions) | 32.61% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 67.33% | 67.33% | 67.33% | 67.33% | 67.33% | 67.33% | 67.33% | 67.33% |
| Promoter group | % |
|---|---|
| Multi-Act Industrial Enterprises Limited | 67.33% |
| Multi-Act Trade And Investments Private Limited | 0.00% |
| Public holders above 1% | % |
|---|---|
| Aman Kumar | 1.49% |
9,815 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% | – | – |
| INDIANCARD | ₹109 cr | 18.2x | 0.3x | 1.9% | 2.5% | -34.4% | -14.0% | 0.00% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Card Clothing | ₹43 cr | 67.2% | ₹-10 cr | -22.7% |
| Realty | ₹21 cr | 32.6% | ₹17 cr | 80.1% |
| Un-allocable | ₹0 cr | 0.2% | ₹0 cr | 100.0% |
| Exceptional items (Expense)/Income (Refer Note 3) | ₹0 cr | – | ₹-1 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-09 | Other | Annual General Meeting |
| 2023-09-15 | Other | Annual General Meeting |
| 2022-08-30 | Other | Annual General Meeting |
| 2022-07-07 | Dividend | Interim Dividend - Rs 25 Per Share |
| 2022-05-12 | Dividend | Special Dividend - Rs 25 Per Share |
| 2021-09-20 | Other | Annual General Meeting |
| 2020-09-16 | Other | Annual General Meeting |
| 2019-07-19 | Other | Annual General Meeting |
| 2018-07-18 | Other | Annual General Meeting |
| 2017-08-03 | Dividend | Annual General Meeting/Dividend - Rs 2/- Per Share |
| 2016-08-25 | Dividend | Interim Dividend - Rs 10/- Per Share |
| 2016-08-04 | Dividend | Annual General Meeting/ Dividend - Rs 2.50/- Per Share |
| 2016-05-31 | Dividend | Special Dividend Rs.12/- Per Share |
| 2015-07-29 | Dividend | Annual General Meeting/Dividend - Rs 2.50/- Per Share |
| 2014-07-24 | Dividend | Annual General Meeting / Final Dividend - Rs 3/- Per Share |
| 2013-07-22 | Dividend | Annual General Meeting / Dividend - Rs 3.50/- Per Share |
| 2012-08-01 | Dividend | Annual General Meeting And Dividend Rs.3.50/- Per Share |
| 2012-02-08 | Dividend | Special Interim Dividend Rs.10/- Per Share |
| 2011-08-16 | Dividend | Annual General Meeting And Dividend Rs.3/- Per Share |
| 2010-07-29 | Dividend | Annual General Meeting / Dividend Rs 3/- Per Share |
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 | INDIANCARD |
| BSE code | – |
| ISIN | INE061A01014 |
| 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.