Thomas Scott India Receives Quality Grade Change Amid Strong Performance Metrics

Thomas Scott India, a microcap player in the Garments & Apparels industry, has recently undergone an evaluation revision. This adjustment reflects the company's performance metrics and market position relative to its peers. Over the past five years, Thomas Scott has demonstrated robust sales growth of 73.51% and an impressive EBIT growth of 92.63%. The company's EBIT to interest ratio stands at 5.24, indicating a solid ability to cover interest expenses.
In terms of leverage, Thomas Scott maintains a debt to EBITDA ratio of 0.70 and a net debt to equity ratio of 0.25, suggesting a conservative capital structure. The sales to capital employed ratio is recorded at 2.48, while the tax ratio is at 32.32%. The company also shows a return on capital employed (ROCE) of 14.56% and a return on equity (ROE) of 11.35%.

When compared to its peers, Thomas Scott holds a competitive position, with several competitors rated below average. This context highlights the company's relative strength in the market, despite the recent evaluation adjustment. The performance indicators suggest that Thomas Scott is navigating its industry landscape effectively, even as it faces challenges.