Indian Terrain

Why is Indian Terrain Fashions Ltd falling/rising?

As of 09-Aug, Indian Terrain Fashions Ltd's stock price is at 31.76, down 0.53%, indicating a potential trend reversal after two days of gains. Despite outperforming its sector today, the stock has a year-to-date decline of 8.21% and a significant drop of 43.21% over three years, coupled with reduced investor participation and a longer-term bearish trend.

As of 09-Aug, Indian Terrain Fashions Ltd's stock price is currently at 31.76, reflecting a decrease of 0.17, or 0.53%. The stock has shown a trend of falling after experiencing two consecutive days of gains, indicating a potential trend reversal. Although the stock outperformed its sector today by 1.48%, it has been underperforming over longer periods, with a year-to-date decline of 8.21% and a significant drop of 43.21% over the past three years compared to the Sensex. <BR><BR>Additionally, there has been a notable decline in investor participation, with delivery volume falling by 65.18% against the five-day average, which suggests reduced interest among investors. The overall trading activity in the sector has also decreased by 2%. While the stock's price is higher than its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below the 200-day moving average, indicating a longer-term bearish trend. These factors collectively contribute to the current decline in the stock price of Indian Terrain Fashions Ltd.

Which are the latest news on Indian Terrain?

Are Indian Terrain Fashions Ltd latest results good or bad?

Indian Terrain Fashions Ltd's latest results show strong revenue growth of 18.84% year-on-year, but the company continues to face profitability challenges, reporting a net loss of ₹0.83 crores and declining margins. Overall, while revenue expansion is promising, the persistent losses indicate unfavorable financial performance.

The latest results for Indian Terrain Fashions Ltd present a mixed picture. On one hand, the company achieved a notable revenue growth of 18.84% year-on-year, with net sales reaching ₹81.74 crores in Q1 FY27, compared to ₹68.78 crores in the same quarter last year. This indicates that the company is successfully expanding its market presence.<BR><BR>However, the financial performance is overshadowed by ongoing profitability issues. The company reported a net loss of ₹0.83 crores, continuing a trend of losses that have persisted in four of the last seven quarters. Additionally, the operating margin declined to 7.44% from 10.14% in the previous quarter, reflecting challenges in operational efficiency.<BR><BR>The profit after tax margin remains negative at -1.02%, which, while a slight improvement from the previous quarter, still raises concerns about the company's ability to convert revenue growth into sustainable profits. Furthermore, the return on capital employed (ROCE) and return on equity (ROE) are significantly low, indicating weak capital efficiency.<BR><BR>In summary, while Indian Terrain Fashions Ltd shows promise with revenue growth, the persistent losses and declining margins suggest that the overall financial results are not favorable. The company faces significant operational challenges that need to be addressed to achieve consistent profitability.

Should I buy, sell or hold Indian Terrain Fashions Ltd?

How big is Indian Terrain?

As of 10th June, Indian Terrain Fashions Ltd has a market capitalization of 167.00 Cr and reported net sales of 377.67 Cr with a net loss of 4.91 Cr over the latest four quarters. Shareholder's funds are 182.82 Cr, and total assets are valued at 423.74 Cr.

As of 10th June, Indian Terrain Fashions Ltd has a market capitalization of 167.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Indian Terrain reported net sales of 377.67 Cr. However, the net profit for the same period was a loss of 4.91 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025. Shareholder's funds stood at 182.82 Cr, while total assets were valued at 423.74 Cr.

Who are in the management team of Indian Terrain?

The management team of Indian Terrain includes V Rajagopal (Chairman & Executive Director), Charath Narsimhan, Rama Rajagopal, Vidyuth Rajagopal (Non-Independent Executive Directors), and N K Ranganath, Manoj Mohanka, Harsh Bahadur, Nidhi Reddy (Independent Non-Executive Directors). They oversee the company's operations and strategic direction.

The management team of Indian Terrain includes the following members:<BR><BR>1. V Rajagopal - Chairman & Executive Director<BR>2. Charath Narsimhan - Non-Independent Executive Director<BR>3. Rama Rajagopal - Whole Time Executive Director<BR>4. N K Ranganath - Independent Non-Executive Director<BR>5. Vidyuth Rajagopal - Non-Independent Executive Director<BR>6. Manoj Mohanka - Independent Non-Executive Director<BR>7. Harsh Bahadur - Independent Non-Executive Director<BR>8. Nidhi Reddy - Independent Non-Executive Director<BR><BR>This team plays a crucial role in overseeing the company's operations and strategic direction.

Who are the peers of the Indian Terrain?

Indian Terrain's peers include Sh. Dinesh Mills, Jasch Industries, S D Retail, Shri Techtex, N R Vandana, Avi Ansh, and Forcas Studio, with varying management risks and growth rates. Jasch Industries leads in 1-year returns at 8.17%, while Indian Terrain has the lowest at -21.98%.

Peers: The peers of Indian Terrain are Sh. Dinesh Mills, Jasch Industries, S D Retail, Shri Techtex, N R Vandana, Avi Ansh, and Forcas Studio.<BR><BR>Quality Snapshot: Excellent management risk is observed at Jasch Industries, Shri Techtex, N R Vandana, and Forcas Studio, while Average management risk is found at Sh. Dinesh Mills, Indian Terrain, and S D Retail. Below Average management risk is present at Avi Ansh. Growth is Excellent at Forcas Studio, Good at N R Vandana and Avi Ansh, and Below Average at Sh. Dinesh Mills, Jasch Industries, Indian Terrain, S D Retail, and Shri Techtex. Capital Structure is Excellent at Jasch Industries and Shri Techtex, Good at Sh. Dinesh Mills and S D Retail, and Below Average at Indian Terrain, N R Vandana, and Avi Ansh.<BR><BR>Return Snapshot: Jasch Industries has the highest 1-year return at 8.17%, while Indian Terrain has the lowest at -21.98%. Indian Terrain's return is significantly lower than that of Jasch Industries. Additionally, Sh. Dinesh Mills and Indian Terrain have negative six-month returns.

What does Indian Terrain do?

Indian Terrain Fashions Ltd is a Micro Cap company in India that specializes in retailing premium smart-casual clothing for men. Founded in 2009, it reported net sales of 107 Cr and a net profit of -1 Cr for the quarter ending March 2026.

Overview: <BR>Indian Terrain Fashions Ltd is engaged in the retailing of premium smart-casual clothing for men in India and operates within the Garments & Apparels industry, categorized as a Micro Cap company.<BR><BR>History: <BR>The company was incorporated in September 2009 as a subsidiary of Celebrity Fashions Limited. It was founded by Venky Rajagopal with the aim of managing its branded apparel business. 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: 107 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: -1 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 167 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 21 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.33 <BR>Return on Equity: -2.47% <BR>Price to Book: 0.90<BR><BR>Contact Details: <BR>Address: No 208 Velachery Tambaram Road, Narayanapuram Pallikaranai Chennai Tamil Nadu : 600100 <BR>Tel: 91-44-42279100 <BR>Email: response.itfl@indianterrain.com/inv <BR>Website: http://www.indianterrain.com

When is the next results date for Indian Terrain Fashions Ltd?

The next results date for Indian Terrain Fashions Ltd is 16 May 2026.

The next results date for Indian Terrain Fashions Ltd is scheduled for 16 May 2026.

How has been the historical performance of Indian Terrain?

Indian Terrain's historical performance shows significant declines in net sales, operating profit, and profit after tax from Mar'23 to Mar'25, with net sales dropping from 500.80 Cr to 340.60 Cr and profit after tax shifting from 7.09 Cr to a loss of 42.66 Cr. However, cash flow from operating activities turned positive at 19.00 Cr in Mar'25, indicating potential recovery.

Answer:<BR>The historical performance of Indian Terrain shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Indian Terrain's net sales have experienced a notable decline from Mar'23 to Mar'25, dropping from 500.80 Cr to 340.60 Cr, with a peak in Mar'24 at 456.01 Cr. The total operating income followed a similar trend, decreasing from 500.80 Cr in Mar'23 to 340.60 Cr in Mar'25. The company's operating profit (PBDIT) also saw a downturn, moving from a profit of 61.09 Cr in Mar'23 to a loss of 2.11 Cr by Mar'25. Profit before tax reflected a worsening situation, transitioning from a profit of 10.50 Cr in Mar'23 to a loss of 41.01 Cr in Mar'25. Consequently, profit after tax also fell sharply, from 7.09 Cr in Mar'23 to a loss of 42.66 Cr in Mar'25. The company's total assets decreased from 519.44 Cr in Mar'23 to 423.74 Cr in Mar'25, while total liabilities also declined from 502.21 Cr to 423.74 Cr during the same period. Cash flow from operating activities turned positive at 19.00 Cr in Mar'25, contrasting with negative cash flows in previous years, indicating a potential recovery in operational efficiency despite the overall financial challenges.

Is Indian Terrain overvalued or undervalued?

As of November 10, 2025, Indian Terrain is considered very expensive with a negative PE ratio of -17.10 and poor performance metrics compared to peers, reflecting a decline of 13.93% year-to-date despite a recent 7% weekly return.

As of 10 November 2025, the valuation grade for Indian Terrain has moved from risky to very expensive. This indicates a significant shift in perception regarding the company's valuation. The company is currently considered overvalued, with a PE ratio of -17.10, an EV to EBIT ratio of 131.60, and a Price to Book Value of 1.14. <BR><BR>In comparison to its peers, Indian Terrain's valuation metrics are notably higher; for instance, Elitecon International has a PE ratio of 359.8, while PTC India, which is rated very attractive, has a PE of 7.89. The negative ROE of -6.66% and ROCE of -9.68% further highlight the company's struggles relative to its peers. Additionally, while Indian Terrain has experienced a 7% return over the past week, its year-to-date performance shows a decline of 13.93%, contrasting sharply with the Sensex's positive return of 6.91% during the same period.

Who are the top shareholders of the Indian Terrain?

The top shareholders of Indian Terrain include promoter Rama Rajagopal with 16.51%, A R Foundations Private Limited at 8.11%, and individual investors holding 35.35%. Foreign institutional investors own 5.07%, and there are no pledged promoter holdings or mutual fund investments.

The top shareholders of Indian Terrain include several key players. The promoter with the highest holding is Rama Rajagopal, who owns 16.51% of the company. Additionally, A R Foundations Private Limited is the highest public shareholder, holding 8.11%. Individual investors collectively hold 35.35% of the shares. On the institutional side, foreign institutional investors (FIIs) hold 5.07% through five different entities, while there are no mutual funds currently invested in the company. Notably, there are no pledged promoter holdings.

Has Indian Terrain declared dividend?

No Dividend History Available