Indian Terrain

how big is Indian Terrain?

As of Jun 06, Indian Terrain Fashions Ltd has a market capitalization of 179.49 Cr, with net sales of 340.60 Cr and a net profit of -42.66 Cr over the latest four quarters. Shareholder's funds are 196.88 Cr, and total assets amount to 502.21 Cr.

Market Cap: As of Jun 06, Indian Terrain Fashions Ltd has a market capitalization of 179.49 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 340.60 Cr, while the sum of Net Profit for the same period is -42.66 Cr. This data is based on Standalone financials.<BR><BR>Balance Sheet Snapshot: This is Standalone data for the latest annual period ending Mar'24. Shareholder's Funds are reported at 196.88 Cr, and Total Assets amount to 502.21 Cr.

Who are in the management team of Indian Terrain?

As of March 2023, the management team of Indian Terrain includes V Rajagopal (Chairman & Executive Director), Charath Narsimhan, Rama Rajagopal, N K Ranganath, Vidyuth Rajagopal, Manoj Mohanka, Harsh Bahadur, and Nidhi Reddy, featuring a mix of executive and independent directors.

As of March 2023, the management team of Indian Terrain includes the following individuals:<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 comprises a mix of executive and independent directors, contributing to the governance and strategic direction of the company.

What does Indian Terrain do?

Indian Terrain Fashions Ltd is a fashion brand specializing in premium smart-casual clothing for young Indian men, incorporated in 2009. As of March 2025, it reported net sales of 90 Cr and a net profit of -2 Cr, with a market cap of Rs 179 Cr.

Overview: <BR>Indian Terrain Fashions Ltd is a leading fashion brand in the Garments & Apparels industry, specializing in premium smart-casual clothing for the upwardly-mobile young Indian man.<BR><BR>History: <BR>Indian Terrain was incorporated in September 2009 as a subsidiary of Celebrity Fashions Ltd. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 90 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -2 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 179 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 30 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.40 <BR>Return on Equity: -23.33% <BR>Price to Book: 1.00<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

Has Indian Terrain declared dividend?

No Dividend History Available

Who are the peers of the Indian Terrain?

Indian Terrain's peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Suditi Industrie, Sh. Dinesh Mills, Weizmann, and Lagnam Spintex, with varying management risk, growth, and capital structure ratings. Notably, Suditi Industrie has the highest 1-year return at 329.99%, while Indian Terrain has the lowest at -32.46%.

Peers: The peers of Indian Terrain are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Suditi Industrie, Sh. Dinesh Mills, Weizmann, 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 Average management risk is noted at Trident, Sh. Dinesh Mills, Weizmann, and Lagnam Spintex. Below Average management risk is present at Indian Terrain and Suditi Industrie. In terms of Growth, Excellent growth is seen at K P R Mill Ltd, while Good growth is noted at Lagnam Spintex, and Average growth is found at Trent and Suditi Industrie. Below Average growth is observed at Page Industries, Vedant Fashions, Trident, Indian Terrain, and Sh. Dinesh Mills, with the rest showing similar results. Capital Structure ratings show Excellent at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good is noted at Trident and Weizmann. Below Average capital structure is seen at 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 Indian Terrain has the lowest at -32.46%. This indicates that Indian Terrain's return is significantly lower than that of Suditi Industrie. Additionally, peers with negative six-month returns include Trent, Vedant Fashions, Trident, Sh. Dinesh Mills, and Weizmann.

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.

When is the next results date for Indian Terrain?

The next results date for Indian Terrain is 12 August 2025.

The next results date for Indian Terrain is scheduled for 12 August 2025.

Are Indian Terrain latest results good or bad?

Indian Terrain's latest results are poor, showing only 0.61% year-on-year revenue growth but a 23.18% sequential decline, along with a net loss of ₹6.19 crores and negative gross profit margins of -3.21%. The company faces significant operational challenges and declining profitability.

The latest results for Indian Terrain indicate a challenging financial situation. In the most recent quarter, the company reported a marginal year-on-year revenue growth of 0.61%, reaching ₹68.78 crores. However, this reflects a significant sequential decline of 23.18% compared to the previous quarter. The operating margins have also contracted sharply to 1.47%, down from 3.78% in the prior quarter, indicating difficulties in maintaining profitability.<BR><BR>The company posted a net loss of ₹6.19 crores, which is a substantial increase in losses compared to the previous quarter and represents a 59.47% decline year-on-year. This trend of persistent losses, coupled with negative gross profit margins of -3.21%, raises serious concerns about the company's operational viability.<BR><BR>Overall, the financial performance suggests that Indian Terrain is facing significant operational challenges, with weak returns and a lack of positive earnings despite several quarters of operations. The market sentiment appears to be cautious, reflecting the company's ongoing struggles in a competitive apparel retail environment. Therefore, the latest results can be characterized as poor, highlighting the need for strategic changes to improve profitability and operational efficiency.

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.

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.

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

Why is Indian Terrain Fashions Ltd falling/rising?

As of 18-Jan, Indian Terrain Fashions Ltd's stock price is Rs 31.51, down 3.34%, reflecting a significant downward trend with a year-to-date decline of 8.93% and a yearly drop of 27.83%. The stock is underperforming against benchmarks and trading below its moving averages, indicating weak long-term fundamentals and diminished investor confidence.

As of 18-Jan, Indian Terrain Fashions Ltd's stock price is falling, currently at Rs 31.51, which reflects a decrease of Rs 1.09 or 3.34%. The stock has been on a downward trend, having underperformed its sector by 2.79% today and experiencing consecutive falls over the last two days, resulting in a total decline of 4.69% during this period.<BR><BR>The stock's performance over various time frames indicates significant underperformance against the benchmark. Over the past week, it has decreased by 5.72%, and in the last month, it has fallen by 11.36%. Year-to-date, the stock is down 8.93%, and over the past year, it has seen a substantial decline of 27.83%, contrasting sharply with the Sensex, which has gained 8.47% during the same period.<BR><BR>Additionally, 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, indicating a bearish trend. Investor participation has also diminished, with delivery volume dropping by 56.71% compared to the 5-day average, suggesting a lack of confidence among investors.<BR><BR>Despite some positive operational results reported in September, such as the highest operating cash flow and net sales, the long-term fundamentals remain weak. The company's average Return on Capital Employed (ROCE) is low at 3.74%, and its ability to service debt is concerning, with a poor EBIT to Interest ratio of 0.25. This consistent underperformance against benchmarks over the last three years further supports the stock's decline.

Which are the latest news on Indian Terrain?