Indian CardCloth

Which are the latest news on Indian CardCloth?

Why is Indian Card Clothing Company Ltd falling/rising?

As of 05-Sep, the stock price of Indian Card Clothing Company Ltd is at 218.40, reflecting a 5.33% increase. However, the stock has struggled long-term, with a year-to-date decline of 10.66% and trading below moving averages, indicating potential challenges in maintaining its recent upward trend.

As of 05-Sep, the stock price of Indian Card Clothing Company Ltd is rising, currently at 218.40, reflecting a change of 11.05 (5.33%) upward. This increase comes despite the stock's overall underperformance in the market, as indicated by its performance metrics over various periods. For instance, over the past week, the stock has shown a modest gain of 1.70%, while the benchmark Sensex has declined by 0.97%. <BR><BR>However, it is important to note that the stock has been struggling in the longer term, with a year-to-date decline of 10.66% and a one-year drop of 14.15%. Additionally, the stock has been trading below its moving averages across multiple time frames, indicating a general downward trend. The recent trading activity has also been erratic, with the stock not trading on three out of the last twenty days, and a significant drop in delivery volume by 40.32% compared to the five-day average.<BR><BR>Despite the current rise in price, these factors suggest that the stock may face challenges in sustaining this upward movement in the future.

Who are in the management team of Indian CardCloth?

The management team of Indian CardCloth includes Prashant K Trivedi (Chairman), M K Trivedi (Deputy Chairman), and several independent directors: Sudhir Merchant, Sangeeta Pandit, Darshan Bhatia, and Chirag Manubhai Shah, along with Alok Siddhi Misra (Whole Time Director & CFO). This team combines executive leadership with independent oversight.

The management team of Indian CardCloth includes the following members:<BR><BR>1. **Prashant K Trivedi** - Chairman & Non-Executive Director<BR>2. **M K Trivedi** - Deputy Chairman<BR>3. **Sudhir Merchant** - Independent Non-Executive Director<BR>4. **Sangeeta Pandit** - Independent Non-Executive Director<BR>5. **Darshan Bhatia** - Independent Non-Executive Director<BR>6. **Chirag Manubhai Shah** - Independent Director<BR>7. **Alok Siddhi Misra** - Whole Time Director & CFO<BR><BR>This team brings a mix of executive and independent oversight to the company. If you have any more questions about Indian CardCloth or its operations, feel free to ask!

What does Indian CardCloth do?

Indian Card Clothing Company Ltd operates in the card clothing and real estate sectors within the Garments & Apparels industry, reporting net sales of 10 Cr and a net profit of 5 Cr for June 2026, with a market cap of INR 125 Cr. The company has a P/E ratio of 17.00 and a return on equity of 1.41%.

Overview:<BR>Indian Card Clothing Company Ltd operates in the card clothing and real estate segments within the Garments & Apparels industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>The company was incorporated in July 1955 as a private limited company and converted into a public limited company in January 1976. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 10 Cr (Quarterly Results - Jun 2026)<BR>Net Profit: 5 Cr (Quarterly Results - Jun 2026)<BR>Market-cap: INR 125 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 17.00<BR>Industry P/E: 59<BR>Dividend Yield: 0.00%<BR>Debt Equity: -0.25<BR>Return on Equity: 1.41%<BR>Price to Book: 0.36<BR><BR>Contact Details:<BR>Address: Katariya Capital A-19, Lane No 5 Koregaon Park Pune Maharashtra : 411001<BR>Tel: 91-20-67436700<BR>Email: investor@cardindia.com<BR>Website: http://www.cardindia.com

Who are the peers of the Indian CardCloth?

Peers of Indian CardCloth include Premco Global, BSL, Binayaka Tex Pr, APM Industries, Bhilwara Spinner, Weizmann, Loyal Textile, Suryalak. Cott., and Lagnam Spintex, with Indian CardCloth showing average management risk and a 1-year return of -22.22%.

Peers: The peers of Indian CardCloth are Premco Global, BSL, Binayaka Tex Pr, APM Industries, Bhilwara Spinner, Weizmann, Loyal Textile, Suryalak. Cott., and Lagnam Spintex.<BR><BR>Quality Snapshot: Below Average management risk is observed at Premco Global, BSL, Binayaka Tex Pr, APM Industries, Loyal Textile, Suryalak. Cott., Weizmann, and the rest. Average management risk is found at Indian CardCloth and Lagnam Spintex. Growth is Excellent at Bhilwara Spinner, Below Average at Premco Global, BSL, Binayaka Tex Pr, Indian CardCloth, APM Industries, Loyal Textile, Weizmann, Suryalak. Cott., and the rest. Lagnam Spintex has Below Average growth as well. Capital Structure is Good at Premco Global, APM Industries, and Weizmann, while it is Below Average at BSL, Binayaka Tex Pr, Indian CardCloth, Loyal Textile, Suryalak. Cott., and the rest.<BR><BR>Return Snapshot: APM Industries has the highest 1-year return at 70.13%, while BSL has the lowest at -24.67%. Indian CardCloth's 1-year return is -22.22%, which is better than BSL's but worse than APM Industries. Additionally, the six-month return is negative for Premco Global, BSL, Weizmann, Loyal Textile, and Lagnam Spintex.

How big is Indian CardCloth?

As of 31st August, Indian Card Clothing Company Ltd has a market capitalization of 125.00 Cr, with recent net sales of 42.16 Cr and a net profit of 5.98 Cr. Shareholder's funds are 338.25 Cr and total assets amount to 376.57 Cr as of March 2025.

As of 31st August, Indian Card Clothing Company Ltd has a market capitalization of 125.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest 4 quarters, the company reported Net Sales of 42.16 Cr and a Net Profit of 5.98 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 338.25 Cr and Total Assets of 376.57 Cr.

Should I buy, sell or hold Indian Card Clothing Company Ltd?

Are Indian Card Clothing Company Ltd latest results good or bad?

The latest results for Indian Card Clothing Company Ltd are concerning, with a net profit of -₹3.38 crore and ongoing operational losses for seven consecutive quarters, despite a 9.98% increase in revenue to ₹11.24 crore. The company's weak return on equity and high employee costs indicate significant challenges in achieving profitability.

The latest results for Indian Card Clothing Company Ltd indicate a challenging financial situation. In the fourth quarter of FY26, the company reported a net profit of -₹3.38 crore, which is a significant decline of 119.34% year-on-year. This marks the seventh consecutive quarter of operational losses, highlighting persistent issues in profitability.<BR><BR>On a more positive note, the revenue for the same quarter was ₹11.24 crore, reflecting a year-on-year increase of 9.98%. However, this revenue growth has not translated into operational profitability, as the operating profit (excluding other income) showed a loss of ₹3.92 crore, resulting in an operating margin of -34.88%.<BR><BR>The company's return on equity stands at a low 2.97%, indicating weak performance in generating returns for shareholders. Additionally, the high employee costs, which consume over 45% of net sales, present a structural challenge to achieving profitability.<BR><BR>Overall, while there is some revenue growth, the ongoing operational losses and deteriorating margins suggest that the latest results are more indicative of a struggling company rather than a successful one. The outlook remains concerning unless significant improvements in operational efficiency and profitability are achieved.

When is the next results date for Indian Card Clothing Company Ltd?

The next results date for Indian Card Clothing Company Ltd is 29 May 2026.

The next results date for Indian Card Clothing Company Ltd is scheduled for 29 May 2026.

How has been the historical performance of Indian CardCloth?

Indian CardCloth's historical performance shows declining net sales from 66.51 crore in March 2022 to 42.03 crore in March 2025, alongside fluctuating operating profits, but a significant increase in net profit to 91.87 crore in March 2025 due to a rise in other income. Total assets and liabilities both grew to 376.57 crore by March 2025, while cash flow from operations turned negative at -17.00 crore.

Answer:<BR>The historical performance of Indian CardCloth shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Indian CardCloth's net sales have declined from 66.51 crore in March 2022 to 42.03 crore in March 2025, reflecting a downward trend in total operating income as well, which decreased from 66.51 crore to 42.03 crore in the same period. The raw material costs peaked at 21.58 crore in March 2022 but fell to 10.97 crore by March 2025. Employee costs have increased from 16.90 crore in March 2021 to 20.85 crore in March 2025, contributing to a total expenditure that rose from 54.08 crore in March 2021 to 55.62 crore in March 2025. Operating profit (PBDIT) has fluctuated, moving from a profit of 1.60 crore in March 2022 to a loss of 13.59 crore in March 2025. However, other income surged to 43.88 crore in March 2025, leading to a profit before tax of 99.89 crore, a significant increase from 7.46 crore in March 2024. The profit after tax also saw a notable rise to 91.87 crore in March 2025, compared to just 7.97 crore in March 2024. Total assets increased from 299.67 crore in March 2022 to 376.57 crore in March 2025, while total liabilities also rose from 299.67 crore to 376.57 crore in the same timeframe. Cash flow from operating activities turned negative at -17.00 crore in March 2025, contrasting with a positive cash flow of 1.00 crore in March 2024. Overall, while Indian CardCloth has faced challenges in sales and operating profit, it has managed to improve its net profit significantly in the latest fiscal year.

Is Indian CardCloth overvalued or undervalued?

As of September 29, 2021, Indian CardCloth is considered risky but appears undervalued with a PE ratio of 9.18, a low Price to Book Value of 0.58, and a PEG ratio of 0.06, despite generating negative EBITDA and having lower valuation metrics compared to peers like LMW and Bajaj Steel Industries, while outperforming the Sensex over the past year.

As of 29 September 2021, the valuation grade for Indian CardCloth has moved from does not qualify to risky. The company appears to be undervalued based on its current financial ratios. The PE ratio stands at 9.18, while the Price to Book Value is notably low at 0.58, indicating potential undervaluation. Additionally, the EV to EBITDA ratio is -9.84, suggesting that the company is generating negative earnings before interest, taxes, depreciation, and amortization, which is a concerning sign.<BR><BR>When compared to peers, Indian CardCloth's valuation metrics are significantly lower than those of LMW, which has a PE ratio of 169.04, and Bajaj Steel Industries, which stands at 23.88. The PEG ratio of Indian CardCloth is exceptionally low at 0.06, further supporting the notion that it may be undervalued relative to its growth prospects. Despite a recent decline in stock performance compared to the Sensex over the past week, the company has outperformed the index over the past year, with a return of 30.55% compared to the Sensex's 7.58%.

What is the technical trend for Indian CardCloth?

As of May 29, 2025, Indian CardCloth's technical trend is bullish, supported by positive MACD and moving averages, despite some mixed signals from Bollinger Bands and KST.

As of 29 May 2025, the technical trend for Indian CardCloth has changed from mildly bullish to bullish. The weekly and monthly MACD indicators are both bullish, supporting the positive trend. Daily moving averages also indicate a bullish stance. While the Bollinger Bands show a mildly bullish signal on both weekly and monthly time frames, the KST is bullish weekly but mildly bearish monthly, indicating some mixed signals. The Dow Theory reflects a mildly bullish trend on the weekly chart, while the monthly shows no trend. Overall, the current technical stance is bullish with moderate strength, driven primarily by the bullish MACD and moving averages.

Who are the top shareholders of the Indian CardCloth?

The top shareholders of Indian CardCloth include Multi-act Industrial Enterprises Limited with 67.33%, individual investors with 28.31%, and two foreign institutional investors holding 0.14%. There are no mutual funds invested and no pledged promoter holdings.

The top shareholders of Indian CardCloth are primarily the promoters, with Multi-act Industrial Enterprises Limited holding the largest stake at 67.33%. Additionally, individual investors collectively own 28.31% of the company. There are also two foreign institutional investors (FIIs) holding a small portion, which accounts for 0.14%. Notably, there are no mutual funds currently invested in the company, and there are no pledged promoter holdings.

Has Indian CardCloth declared dividend?

Yes, Indian Card Clothing Company Ltd has declared a 250% dividend, amounting to ₹25 per share, with an ex-date of July 7, 2022. Despite this significant dividend, the dividend yield is 0%, but the company has shown strong price appreciation over various periods.

Indian Card Clothing Company Ltd has declared a 250% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 250%<BR>- Amount per share: 25<BR>- Ex-date: 07 Jul 22<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was 11.18%, with a dividend return of 0%, resulting in a total return of 11.18%.<BR><BR>For the 1-year period, the price return was 32.65%, with a dividend return of 0%, leading to a total return of 32.65%.<BR><BR>Over the 2-year period, the price return was 44.88%, with a dividend return of 0%, culminating in a total return of 44.88%.<BR><BR>In the 3-year period, the price return was 34.8%, with a dividend return of 10.30%, resulting in a total return of 45.1%.<BR><BR>For the 4-year period, the price return was 109.46%, with a dividend return of 31.34%, leading to a total return of 140.8%.<BR><BR>In the 5-year period, the price return was 250.68%, with a dividend return of 55.40%, culminating in a total return of 306.08%.<BR><BR>Overall, Indian Card Clothing Company Ltd has declared a significant dividend, but the dividend yield remains at 0%. The total returns over various periods indicate strong price appreciation, particularly in the longer term.