Thomas Scott (India) Ltd
NSE: THOMASCOTT · Garments & Apparels · sector
₹288.15NSE close 2026-10-26
Key numbers
Market cap₹423 cr
Price₹288.15
52w high / low₹460 / ₹222
P/E12.6xSector median 15.0x
P/B3.1xSector median 1.5x
Book value₹93.6
Dividend yield–Sector median 0.84%
ROE20.2%Sector median 10.6%
ROCE20.5%Sector median 9.9%
OPM12.7%Sector median 8.6%
Debt / equity0.34xSector median 0.33x
EV/EBITDA11.6xSector median 9.3x
Interest cover10.2x
Current ratio2.23x
Sales growth 3y+59.5%Sector median +6.2%
Profit growth 3y+88.6%Sector median +11.5%
PEG0.34x
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 43 companies in Garments & Apparels (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹0 cr vs borrowings ₹46 cr (FY26): borrowings are higher by ₹46 cr.
- Borrowings rose in each of the last 3 years (₹5 cr → ₹46 cr).
- Operating profit covered interest 10.2x in the last 12 months.
- 4.59% of the promoters' shares are pledged (2.4% of all shares).
- Operating cash flow was below net profit in 4 of the last 5 years (FY26, FY25, FY24, FY23).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 1% of net profit in the last 12 months.
- Debtor days went from 98 (FY24) to 123 (FY26).
- No dividend in the last 5 financial years.
- Price ₹288.15 on 2026-10-26: -37.3% from the 52-week high, +29.9% 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 ₹489.45 · low ₹195.36
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 41 | 45 | 48 | 54 | 111 | 66 | 78 | 66 |
| EBITDA | 4 | 6 | 7 | 6 | 15 | 8 | 10 | 9 |
| OPM % | 10.6% | 12.2% | 13.9% | 11.3% | 13.1% | 11.4% | 12.8% | 12.9% |
| Other income | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | 3 | 3 | 4 | 3 | 8 | 5 | 6 | 5 |
| EPS (₹) | 5.45 | 7.96 | 4.98 | 2.50 | 11.48 | 3.39 | 4.22 | 3.71 |
| Revenue YoY | +172.5% | +45.9% | +63.4% | +22.1% | ||||
| Profit YoY | +189.0% | +65.7% | +44.7% | +56.8% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 32 | 63 | 91 | 161 | 255 | 321 |
| EBITDA | 1 | 5 | 13 | 19 | 32 | 41 |
| Net profit | 1 | 3 | 10 | 13 | 19 | 25 |
| EPS (₹) | 1.14 | 5.22 | 12.58 | 11.58 | 13.35 | 22.80 |
| Revenue growth | +94.3% | +45.1% | +76.8% | +58.3% | +71.0% | |
| Profit growth | +357.1% | +247.9% | +27.7% | +50.8% | +82.7% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +59.5% | +64.0% | +71.0% |
| Net profit | +88.6% | – | +82.7% |
| EPS | +36.8% | – | – |
| Share price | – | +3.4% (2y) | -23.2% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 14 | 51 | 106 | 137 |
| Borrowings | – | 5 | 6 | 13 | 46 |
| Cash & equivalents | – | 7 | 0 | 0 | 0 |
| Total assets | – | 68 | 69 | 141 | 238 |
| Fixed assets | – | 4 | 8 | 11 | 13 |
| Capital work in progress | – | 1 | 0 | 0 | 4 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 26 | 24 | 58 | 86 |
| Inventory | – | 25 | 29 | 60 | 86 |
| Payables | – | 28 | 11 | 17 | 45 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 3 | -18 | -8 | -39 | -27 |
| Cash from investing | -1 | -3 | 2 | -6 | -8 |
| Cash from financing | 1 | 25 | 6 | 45 | 34 |
| Capex | 1 | 3 | 4 | 6 | 0 |
| Free cash flow | 2 | -22 | -13 | -45 | -27 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 20.1% | 19.8% | 12.1% | 14.1% |
| ROCE % | – | 21.2% | 20.8% | 15.0% | 16.2% |
| Debtor days | – | 149 | 98 | 131 | 123 |
| Inventory days | – | 250 | 172 | 227 | 249 |
| Payable days | – | 278 | 64 | 64 | 130 |
| Cash conversion cycle (days) | – | 121 | 206 | 294 | 242 |
| Working capital days | – | 147 | 173 | 211 | 173 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 51.68% |
| FIIs | 0.36% |
| DIIs | 1.50% |
| Public (non-institutions) | 46.47% |
| Quarter | May 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 52.21% | 52.15% | 52.15% | 52.15% | 52.32% | 52.32% | 51.68% | 51.68% |
| Promoter group | % |
|---|---|
| Brijgopal Bang | 22.26% |
| Vandana Brijgopal Bang | 11.45% |
| Vedant Bang | 3.62% |
| Akshita Shrivardhan Bang | 2.69% |
| Laxminiwas Bang | 2.37% |
| Krishna Kumar Bang | 2.19% |
| Ramanuj DAS Bang | 1.89% |
| Rangnath Shivnarayan Bang | 1.10% |
| Narayan DAS Bang | 1.09% |
| Varadraj Rangnath Bang | 0.57% |
| Vasudev Rangnath Bang | 0.50% |
| Ashmi Jiten Shah | 0.35% |
| Jiten Raichand Shah | 0.28% |
| Trupti Jiten Shah | 0.28% |
| Avisha Jiten Shah | 0.21% |
| Public holders above 1% | % |
|---|---|
| Shankar Sharma | 6.55% |
| Mohit Khullar | 2.81% |
| Ashish Kacholia | 2.07% |
| Suresh Kumar Agarwal | 2.07% |
| Niveshaay Hedgehogs Fund | 1.17% |
10,993 shareholders. Pledged: 4.59% of promoter shares.
Peers in Garments & Apparels
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| PAGEIND | ₹37,823 cr | 50.0x | 25.2x | 52.0% | 70.2% | 20.8% | +3.1% | 1.77% |
| ARVIND | ₹12,646 cr | 30.5x | 3.1x | 10.6% | 14.2% | 10.5% | +3.5% | 0.82% |
| PGIL | ₹11,177 cr | 36.0x | 7.7x | 23.7% | 21.2% | 9.6% | +16.7% | 0.54% |
| GOKEX | ₹4,743 cr | 46.0x | 2.2x | 4.9% | 8.9% | 8.8% | +21.5% | – |
| LUXIND | ₹3,206 cr | 30.1x | 1.8x | 5.7% | 7.5% | 6.2% | +7.2% | 0.05% |
| SBC | ₹3,034 cr | 75.0x | 30.3x | 47.3% | 15.2% | 8.6% | +27.2% | – |
| KKCL | ₹2,604 cr | 17.6x | 2.8x | 16.8% | 22.9% | 19.9% | +15.9% | 0.96% |
| KITEX | ₹2,206 cr | – | 2.1x | -2.8% | 1.0% | 3.5% | +6.2% | 0.45% |
| SPAL | ₹2,085 cr | 19.8x | 2.2x | 11.7% | 14.3% | 14.1% | +13.6% | 0.24% |
| THOMASCOTT | ₹423 cr | 12.6x | 3.1x | 20.2% | 20.5% | 12.7% | +59.5% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-20 | Other | Annual General Meeting |
| 2023-09-20 | Other | Annual General Meeting |
| 2022-09-23 | Other | Annual General Meeting |
| 2021-09-22 | Other | Annual General Meeting |
| 2020-12-22 | Other | Annual General Meeting |
| 2019-09-20 | Other | Annual General Meeting |
| 2018-09-19 | Other | Annual General Meeting |
| 2017-09-21 | Other | Annual General Meeting |
| 2016-09-21 | Other | Annual General Meeting |
| 2015-09-22 | Other | Annual General Meeting |
| 2014-09-18 | Other | Annual General Meeting |
| 2013-09-12 | Other | Annual General Meeting |
| 2012-09-25 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY25
- Annual report FY25
- Annual report FY24
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Garments & Apparels |
| Sub-industry | Garments & Apparels |
| Symbol | THOMASCOTT |
| BSE code | 533941 |
| ISIN | INE480M01011 |
| 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.