Thomas Scott India Upgraded to Quality Grade Amid Strong Growth Metrics in Apparel Sector

Thomas Scott India, a microcap player in the Garments & Apparels industry, has recently undergone an evaluation revision, reflecting its current market standing. The company has demonstrated notable sales growth over the past five years at 49.24%, alongside a robust EBIT growth of 77.19%. Its EBIT to interest ratio stands at 3.81, indicating a solid ability to cover interest expenses. Additionally, Thomas Scott maintains a favorable debt profile, with negative net debt and a net debt to equity ratio of 0.53.
In terms of operational efficiency, the sales to capital employed ratio is recorded at 2.64, while the tax ratio is at 28.29%. The company has a return on capital employed (ROCE) of 7.32% and a return on equity (ROE) of 10.57%.

When compared to its peers, Thomas Scott holds a competitive edge in sales growth and EBIT growth metrics. However, several competitors, such as Kamdhenu and Banganga Paper, are positioned differently in the market, with varying performance indicators. This context highlights the dynamic landscape within the Garments & Apparels sector, where Thomas Scott's performance metrics stand out amidst its peers.