Intl. Combustion

Why is International Combustion (India) Ltd falling/rising?

As of 03-Aug, the stock price of International Combustion (India) Ltd is currently at 521.00, reflecting a significant decline of 32.81% over the past year, underperforming against the Sensex, which has only decreased by 2.43%. Despite increased investor participation, the stock continues to show bearish sentiment and remains below several key moving averages.

As of 03-Aug, the stock price of International Combustion (India) Ltd is falling, currently at 521.00, which reflects a decrease of 13.85 (-2.59%). The stock has been underperforming, having lost 15.96% over the last three days, and it has also seen a significant decline of 9.86% over the past week, while the benchmark Sensex has gained 2.35% during the same period. <BR><BR>In terms of year-to-date performance, the stock is down 11.76%, compared to a smaller decline of 7.72% for the Sensex. Over the past year, the stock has dropped 32.81%, while the Sensex has only decreased by 2.43%. The three-year performance shows a stark contrast, with the stock down 46.99% against a 20.54% increase in the Sensex. <BR><BR>Today's trading activity indicates that the stock has touched an intraday low of Rs 515.5, which is a decrease of 3.62%. The weighted average price suggests that more volume was traded closer to this low price, indicating bearish sentiment among investors. Although there has been a rise in investor participation, with delivery volume increasing by 48.49% against the five-day average, the overall performance remains negative, as the stock has underperformed its sector by 4.31%. <BR><BR>Additionally, while the stock is trading higher than its 100-day moving averages, it is lower than its 5-day, 20-day, 50-day, and 200-day moving averages, further indicating a downward trend. Overall, the combination of recent performance metrics and market sentiment contributes to the ongoing decline in the stock price of International Combustion (India) Ltd.

Which are the latest news on Intl. Combustion?

Should I buy, sell or hold International Combustion (India) Ltd?

When is the next results date for International Combustion (India) Ltd?

The next results date for International Combustion (India) Ltd is 30 July 2026.

The next results date for International Combustion (India) Ltd is scheduled for 30 July 2026.

What does Intl. Combustion do?

International Combustion (India) Limited is a micro-cap industrial manufacturing company, incorporated in 1936, with recent quarterly net sales of 86 Cr and a net profit of 1 Cr. It has a market cap of INR 115 Cr and key metrics include a dividend yield of 0.83% and a debt-equity ratio of -0.01.

Overview: <BR>International Combustion (India) Limited operates in the industrial manufacturing sector and is classified as a micro-cap company.<BR><BR>History: <BR>The company was incorporated in April 1936 and transitioned from a private limited company to a public limited company in 1974. The latest quarterly results reported net sales and net profit for March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 86 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 1 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 115 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 35 <BR>Dividend Yield: 0.83% <BR>Debt-Equity: -0.01 <BR>Return on Equity: -1.43% <BR>Price to Book: 0.88<BR><BR>Contact Details: <BR>Address: 11th Floor Plo No G-1 Sec-V, Block EP & GP Salt lake Electr Kolkata West Bengal : 700091 <BR>Tel: 91-33-33153000 <BR>Email: info@internationalcombustion.in <BR>Website: http://www.internationalcombustion.in

How big is Intl. Combustion?

As of 10th June, International Combustion (India) Ltd has a market capitalization of 115.00 Cr and reported net sales of 98.28 Cr with a net loss of 7.09 Cr over the latest four quarters.

As of 10th June, <BR><BR>Market Cap: International Combustion (India) Ltd has a market capitalization of 115.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 98.28 Cr, while the sum of Net Profit for the same period reflects a loss of 7.09 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2020, with Shareholder's Funds amounting to 94.25 Cr and Total Assets valued at 157.56 Cr.

Who are in the management team of Intl. Combustion?

The management team of Intl. Combustion includes S Bagaria (Chairman), Indrajit Sen (Managing Director), R L Gaggar, Sandipan Chakravortty, Nayantara Palchoudhuri, and Srikumar Menon (all Independent Directors), P R Sivasankar (Company Secretary), and Rana Pratap Singh (Whole-time Director), overseeing the company's operations and governance.

The management team of Intl. Combustion includes the following key members:<BR><BR>1. **S Bagaria** - Chairman (Non-Executive)<BR>2. **Indrajit Sen** - Managing Director<BR>3. **R L Gaggar** - Independent Director<BR>4. **Sandipan Chakravortty** - Independent Director<BR>5. **P R Sivasankar** - Company Secretary & Compliance Officer<BR>6. **Nayantara Palchoudhuri** - Independent Director<BR>7. **Rana Pratap Singh** - Whole-time Director<BR>8. **Srikumar Menon** - Independent Director<BR><BR>This team is responsible for overseeing the company's operations and governance.

Who are the peers of the Intl. Combustion?

Intl. Combustion's peers include Chemtech Industries, Rishi Laser, Cenlub Industrie, Rexnord Electric, Ducon Tech, Somi Conveyor Belt, Taylormade Renew, Rappid Valves, and Lakshya Powertec. Management risk varies from excellent at Rappid Valves to below average at Ducon Tech, with growth and capital structure ratings also differing among peers.

Peers: The peers of Intl. Combustion are Chemtech Indust., Rishi Laser, Cenlub Industrie, Rexnord Electr., Ducon Tech, Somi Conv.Belt., Taylormade Renew, Rappid Valves, and Lakshya Powertec.<BR><BR>Quality Snapshot: Excellent management risk is observed at Rappid Valves, while Average management risk is found at Chemtech Indust., Rishi Laser, Cenlub Industrie, Rexnord Electr., Intl. Combustion, Taylormade Renew, and Lakshya Powertec, and the rest. Below Average management risk is noted at Ducon Tech and Somi Conv.Belt. In terms of Growth, Excellent growth is seen at Rappid Valves and Lakshya Powertec, Good growth at Rishi Laser, Average growth at Chemtech Indust., Rexnord Electr., Intl. Combustion, and Taylormade Renew, and Below Average growth at Cenlub Industrie, Ducon Tech, Somi Conv.Belt., and the rest. For Capital Structure, Excellent capital structure is noted at Cenlub Industrie, Rexnord Electr., and Taylormade Renew, Good capital structure at Intl. Combustion and Lakshya Powertec, Average capital structure at Chemtech Indust., Somi Conv.Belt., and the rest, and Below Average capital structure at Ducon Tech.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Cenlub Industrie at -39.55%, while the peer with the lowest is Chemtech Indust. at -50.00%. Intl. Combustion's 1-year return of -44.11% is better than Chemtech Indust. but worse than Cenlub Industrie. Additionally, the six-month return is negative for Chemtech Indust., Rishi Laser, Intl. Combustion, Somi Conv.Belt., Taylormade Renew, and Ducon Tech.

Are International Combustion (India) Ltd latest results good or bad?

International Combustion (India) Ltd's latest results are concerning, with a net profit of ₹-2.65 crores in Q3 FY26, a 170.70% decline quarter-on-quarter, and a revenue drop of 12.80%. The company is facing significant operational challenges, reflected in a negative operating margin and a low return on equity, indicating a negative outlook and increased investment risk.

The latest results for International Combustion (India) Ltd are concerning. In Q3 FY26, the company reported a net profit of ₹-2.65 crores, which reflects a significant decline of 170.70% quarter-on-quarter. This loss indicates severe operational stress and a deterioration in profitability.<BR><BR>Revenue for the same quarter was ₹72.19 crores, down 12.80% from the previous quarter. Additionally, the operating margin fell to -0.68%, marking a quarterly low, which suggests that the company is struggling to maintain pricing power and manage costs effectively.<BR><BR>The return on equity (ROE) for the first half of FY26 is also troubling, at just 9.34%, which is the lowest in recent periods. This weak performance, combined with a lack of institutional interest and a significant drop in stock price—down 27.28% over the past year—paints a bleak picture for the company's future.<BR><BR>Overall, these results indicate that International Combustion is facing serious challenges, and the outlook appears negative, making it a risky investment at this time.

How has been the historical performance of Intl. Combustion?

Intl. Combustion experienced a decline in financial performance from Mar'19 to Mar'20, with net sales dropping from 134.16 Cr to 123.95 Cr, and profit before tax turning negative at -3.17 Cr. Overall, the company faced reduced revenues, profits, and negative cash flow during this period.

Answer:<BR>The historical performance of Intl. Combustion shows fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Intl. Combustion's net sales decreased from 134.16 Cr in Mar'19 to 123.95 Cr in Mar'20, following a general upward trend from 99.95 Cr in Mar'16 to a peak of 134.16 Cr in Mar'19. The total operating income mirrored this decline, falling to 123.95 Cr in Mar'20 from 134.16 Cr in the previous year. Operating profit (PBDIT) also saw a significant drop, declining from 12.42 Cr in Mar'19 to 4.52 Cr in Mar'20, while profit before tax turned negative at -3.17 Cr in Mar'20, down from a positive 4.13 Cr in Mar'19. This trend continued with profit after tax, which fell to -1.87 Cr in Mar'20 from 3.57 Cr in the prior year. The company's total liabilities decreased slightly from 160.70 Cr in Mar'19 to 157.56 Cr in Mar'20, while total assets also saw a decline from 160.70 Cr to 157.56 Cr during the same period. Cash flow from operating activities turned negative at -4.00 Cr in Mar'20, contrasting with a positive inflow of 5.00 Cr in Mar'19. Overall, the financial data indicates a challenging year for Intl. Combustion, marked by declining revenues and profits.

Is Intl. Combustion overvalued or undervalued?

As of July 31, 2025, Intl. Combustion is fairly valued with a PE ratio of 13.59, an EV to EBITDA of 9.16, and a Price to Book Value of 1.52, making it more attractive than peers like Rail Vikas and Tube Investments, despite a year-to-date decline of -11.24% compared to the Sensex's 3.90% gain, while still showing strong long-term returns of 253.94% over three years and 433.07% over five years.

As of 31 July 2025, the valuation grade for Intl. Combustion has moved from very attractive to attractive, indicating a shift in market perception. The company is currently assessed as fairly valued. Key ratios include a PE ratio of 13.59, an EV to EBITDA of 9.16, and a Price to Book Value of 1.52, which suggest a reasonable valuation relative to its earnings and asset base.<BR><BR>In comparison to its peers, Intl. Combustion's valuation appears more favorable than companies like Rail Vikas, which is considered expensive with a PE ratio of 56.68, and Tube Investments, also very expensive at a PE of 81.25. Despite a recent decline in stock performance year-to-date, where Intl. Combustion has returned -11.24% compared to a 3.90% gain in the Sensex, its long-term performance over three and five years shows significant outperformance, with returns of 253.94% and 433.07%, respectively.

Who are the top shareholders of the Intl. Combustion?

The top shareholders of Intl. Combustion include promoters, with Tradelink Securities Limited holding 14.38%. Individual investors collectively own 40.93%, while there are no mutual funds or foreign institutional investors currently involved.

The top shareholders of Intl. Combustion include the promoters, who hold the majority of the shares. Among them, Tradelink Securities Limited has the highest holding at 14.38%. In terms of individual public shareholders, V Naga Raja Naidu holds 1.15%. Additionally, individual investors collectively own 40.93% of the company's shares. Notably, there are no mutual funds or foreign institutional investors (FIIs) currently holding shares in the company.

What is the technical trend for Intl. Combustion?

As of June 5, 2025, Intl. Combustion's technical trend is mildly bearish, influenced by bearish daily moving averages and mixed signals from the MACD and Bollinger Bands across different time frames.

As of 5 June 2025, the technical trend for Intl. Combustion has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD remains bearish, indicating mixed signals across time frames. The Bollinger Bands show a mildly bullish stance on the weekly chart but are bearish on the monthly. Daily moving averages are bearish, which adds to the cautious outlook. The KST is bullish weekly but mildly bearish monthly, and Dow Theory indicates a mildly bearish trend on the weekly basis with no trend on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the bearish daily moving averages and mixed signals from the MACD and Bollinger Bands.

Has Intl. Combustion declared dividend?

International Combustion (India) Ltd has declared a 50% dividend, amounting to ₹5 per share, with an ex-date of August 28, 2024. While recent total returns have been negative, the company has shown significant growth over longer periods.

International Combustion (India) Ltd has declared a 50% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 50%<BR>- Amount per share: 5<BR>- Ex-date: 28 Aug 24<BR><BR>Dividend Yield: 0.57%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -7.7%, the dividend return was 0%, resulting in a total return of -7.7%.<BR><BR>Over the past year, the price return was -47.45%, with a dividend return of 0.29%, leading to a total return of -47.16%.<BR><BR>In the 2-year period, the price return was 66.29%, the dividend return was 1.54%, culminating in a total return of 67.83%.<BR><BR>For the 3-year period, the price return was 214.73%, the dividend return was 4.07%, resulting in a total return of 218.8%.<BR><BR>In the 4-year period, the price return was 315.95%, the dividend return was 4.58%, leading to a total return of 320.53%.<BR><BR>Over the last 5 years, the price return was 668.17%, with a dividend return of 8.03%, resulting in a total return of 676.2%.<BR><BR>Overall, while International Combustion has declared a dividend, the recent total returns over shorter periods have been negative, indicating potential challenges in the company's performance. However, the longer-term returns show significant growth, suggesting a recovery or strong performance in the past.