Indian CardCloth

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.

how big is Indian CardCloth?

As of Jun 06, Indian Card Clothing Company Ltd has a market capitalization of 196.68 Cr, with recent net sales of 42.03 Cr and net profit of 91.88 Cr over the last four quarters. The company's shareholder's funds are 246.25 Cr, and total assets amount to 288.38 Cr as of the latest annual period ending in Mar'24.

Market Cap: As of Jun 06, Indian Card Clothing Company Ltd has a market capitalization of 196.68 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, the company reported a sum of Net Sales of 42.03 Cr and a sum of Net Profit of 91.88 Cr. This data is on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: This is also on a Consolidated basis for the latest annual period ending in Mar'24. The Shareholder's Funds are reported at 246.25 Cr, while the Total Assets amount to 288.38 Cr.

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 net profit of 17 Cr for Q1 2025, with a market cap of Rs 197 Cr. The company has a P/E ratio of 9.00 and a negative debt-equity ratio of -0.18.

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 the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 10 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 17 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 197 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 9.00 <BR>Industry P/E: 91 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.18 <BR>Return on Equity: 6.29% <BR>Price to Book: 0.58 <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

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.

Who are the peers of the Indian CardCloth?

Peers of Indian CardCloth include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Indian Terrain, Suditi Industrie, Weizmann, Shri Techtex, and Lagnam Spintex. Indian CardCloth has below average management and capital structure ratings, with a 1-year return of 36.83%, higher than Vedant Fashions but lower than Suditi Industrie.

Peers: The peers of Indian CardCloth are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Indian Terrain, Suditi Industrie, Weizmann, Shri Techtex, and Lagnam Spintex.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent and Shri Techtex. Average management risk is noted at Trident and Weizmann, while Below Average management risk is seen at Indian CardCloth, Indian Terrain, Suditi Industrie, and Lagnam Spintex. Growth ratings show Excellent growth at K P R Mill Ltd, while Good growth is observed at Trent and Lagnam Spintex. Below Average growth is found at Page Industries, Vedant Fashions, Trident, Indian CardCloth, Indian Terrain, Suditi Industrie, and Weizmann, with Average growth at Shri Techtex. Capital Structure ratings reveal Excellent capital structure at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good capital structure is noted at Trident and Weizmann. Below Average capital structure is seen at Indian CardCloth, Indian Terrain, Suditi Industrie, and Lagnam Spintex.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Suditi Industrie at 329.99%, while Vedant Fashions has the lowest at -24.55%. Indian CardCloth's 1-year return of 36.83% is significantly higher than Vedant Fashions but lower than Suditi Industrie. Additionally, the peers with negative six-month returns include Vedant Fashions, Trident, Weizmann, and Indian Terrain.

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 in the management team of Indian CardCloth?

As of March 2023, the management team of Indian CardCloth includes Prashant K Trivedi (Chairman), M K Trivedi (Deputy Chairman), and Alok Siddhi Misra (Whole Time Director & CFO), along with several independent directors. The team features a blend of executive and non-executive roles.

As of March 2023, the management team of Indian CardCloth includes the following individuals:<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>As of March 2023, the management team consists of a mix of executive and non-executive directors, with key roles held by Prashant K Trivedi and Alok Siddhi Misra.

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.

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

The next results date for Indian Card Clothing Company Ltd is 11 February 2026.

The next results date for Indian Card Clothing Company Ltd is scheduled for 11 February 2026.

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

The latest results for Indian Card Clothing Company Ltd are poor, with a net loss of -₹0.61 crore in Q3 FY26, marking a significant decline in profitability and ongoing operational challenges, despite a strong balance sheet with no debt. Revenue has contracted for two consecutive quarters, raising concerns about the company's core business viability.

The latest results for Indian Card Clothing Company Ltd indicate a challenging situation. In Q3 FY26, the company reported a net profit of -₹0.61 crore, marking a significant decline of 111.28% quarter-on-quarter, which reflects a shift from profitability to a loss. Year-on-year, there was a 144.00% improvement compared to the previous year's loss, but this merely indicates a smaller loss than before.<BR><BR>Net sales for the quarter were ₹10.41 crore, down 2.98% from the previous quarter and 1.42% compared to the same quarter last year. This continues a trend of declining revenues, as it marks the second consecutive quarter of revenue contraction.<BR><BR>The operating margin was particularly concerning, at -31.99%, indicating ongoing operational inefficiencies. The company has now recorded six consecutive quarters of operating losses, which raises serious questions about its core business viability.<BR><BR>While the balance sheet appears strong with no debt and substantial cash reserves, the persistent operating losses and reliance on volatile other income for profitability suggest significant underlying issues. Overall, the results can be characterized as poor, reflecting ongoing operational challenges and a lack of sustainable profitability.

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

Why is Indian Card Clothing Company Ltd falling/rising?

As of 31-Mar, the stock price of Indian Card Clothing Company Ltd is at Rs. 156.05, reflecting a significant decline of 36.16% year-to-date. The company faces operational challenges, including losses and low cash reserves, contributing to its consistent underperformance and bearish trend.

As of 31-Mar, the stock price of Indian Card Clothing Company Ltd is falling, currently at Rs. 156.05, reflecting a decrease of Rs. 5.9 or 3.64%. This decline is part of a broader trend, as the stock has underperformed significantly over various periods, including a 10.70% drop over the past week and a 22.27% decrease over the past month. Year-to-date, the stock has fallen by 36.16%, compared to a 15.57% decline in the benchmark index, indicating a consistent underperformance.<BR><BR>Today, the stock hit a new 52-week low of Rs. 154, and it has been losing value for the last two days, with a total decline of 9.27% during this period. The stock is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend.<BR><BR>The company is facing significant operational challenges, including reported operating losses and a weak ability to service its debt, as evidenced by a poor EBIT to Interest ratio of -5.03. The latest financial results show a negative profit after tax of Rs. -0.61 crore, marking a drastic fall of 144.0%. Additionally, the inventory turnover ratio is at its lowest, and cash reserves are critically low at Rs. 11.50 crore.<BR><BR>Overall, the combination of poor financial performance, negative EBITDA, and consistent underperformance against benchmarks contributes to the stock's downward trajectory.

Which are the latest news on Indian CardCloth?