Indian CardCloth

Why is Indian Card Clothing Company Ltd falling/rising?

As of 11-Aug, the stock price of Indian Card Clothing Company Ltd is declining, currently at Rs 210.85, down 3.72%. The stock has underperformed its sector and has seen a significant drop in investor participation, indicating a lack of confidence among investors.

As of 11-Aug, the stock price of Indian Card Clothing Company Ltd is falling, currently at Rs 210.85, which represents a decrease of Rs 8.15 or 3.72%. The stock has been on a downward trend, having underperformed its sector by 1.91% today and experiencing a consecutive decline over the last four days, with a total drop of 5.45% during this period. Additionally, the stock reached an intraday low of Rs 210, reflecting a decline of 4.11%. <BR><BR>The performance over various time frames also indicates a negative trend, with the stock down 5.02% over the past week, 10.49% over the past month, and 20.78% over the past year, while the benchmark Sensex has shown relatively stable performance. Furthermore, there has been a significant drop in investor participation, with delivery volume on 10 August falling by 55.41% compared to the five-day average. This decline in trading activity suggests a lack of confidence among investors, contributing to the stock's falling price. Overall, these factors collectively explain the current downward movement in the stock price of Indian Card Clothing Company Ltd.

Which are the latest news on Indian CardCloth?

How big is Indian CardCloth?

As of 10th June, Indian Card Clothing Company Ltd has a market capitalization of 127.00 Cr, with net sales of 42.03 Cr and a net profit of 3.71 Cr reported over the latest four quarters.

As of 10th June, Indian Card Clothing Company Ltd has a market capitalization of 127.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Indian Card Clothing reported net sales of 42.03 Cr and a net profit of 3.71 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.

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, with Alok Siddhi Misra serving as Whole Time Director and CFO. This team offers a diverse range of skills and experience.

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>This team brings a diverse set of skills and experience to the company.

Who are the peers of the Indian CardCloth?

Peers of Indian CardCloth include Swadeshi Polytex, Binayaka Tex Pr, Bhandari Hosiery, BSL, Premco Global, Weizmann, Lorenzini Appar., Scoobee Garments, and Bhilwara Spinner. Indian CardCloth has average management risk and below average capital structure, with a 1-year return of -33.00%.

Peers: The peers of Indian CardCloth are Swadeshi Polytex, Binayaka Tex Pr, Bhandari Hosiery, BSL, Premco Global, Weizmann, Lorenzini Appar., Scoobee Garments, and Bhilwara Spinner.<BR><BR>Quality Snapshot: Excellent management risk is observed at Swadeshi Polytex and Lorenzini Appar., while Average management risk is found at Indian CardCloth, BSL, Premco Global, Weizmann, and Scoobee Garments. Below Average management risk is noted for Binayaka Tex Pr, Bhandari Hosiery, Bhilwara Spinner, and Amarjothi Spg. Excellent capital structure is seen at Premco Global, while Average capital structure is present at Amarjothi Spg. Below Average capital structure is noted for Indian CardCloth, Binayaka Tex Pr, Bhandari Hosiery, BSL, Weizmann, Scoobee Garments, and Bhilwara Spinner. Growth is Average at Swadeshi Polytex, while Below Average growth is found at Indian CardCloth, Binayaka Tex Pr, Bhandari Hosiery, BSL, Weizmann, Lorenzini Appar., Scoobee Garments, and Amarjothi Spg.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Bhilwara Spinner at -4.85%, while the lowest is Swadeshi Polytex at -47.84%. Indian CardCloth's 1-year return of -33.00% is better than Swadeshi Polytex but worse than Bhilwara Spinner. Additionally, the six-month returns for Swadeshi Polytex, Indian CardCloth, Binayaka Tex Pr, Bhandari Hosiery, BSL, Premco Global, Weizmann, Lorenzini Appar., Scoobee Garments, and Amarjothi Spg. are all negative.

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 11 Cr and a net loss of 3 Cr for March 2026, with a market cap of INR 127 Cr. The company has a P/E ratio of 26.00 and a negative debt-equity ratio of -0.25.

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 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 11 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: -3 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 127 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 26.00 <BR>Industry P/E: 86 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.25 <BR>Return on Equity: 1.41% <BR>Price to Book: 0.37 <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

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.