Intl. Combustion

how big is Intl. Combustion?

As of Jun 06, International Combustion (India) Ltd has a market capitalization of 209.69 Cr, with recent net sales of 98.28 Cr and a net profit of -7.09 Cr over the latest four quarters. Shareholder's funds are valued at 94.25 Cr, and total assets amount to 157.56 Cr.

Market Cap: As of Jun 06, International Combustion (India) Ltd has a market capitalization of 209.69 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest 4 quarters, the sum of Net Sales is 98.28 Cr, while the sum of Net Profit is -7.09 Cr. This data is Consolidated.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the reporting period ending in Mar'20. Shareholder's Funds are valued at 94.25 Cr, and Total Assets amount to 157.56 Cr.

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.

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.

Who are the peers of the Intl. Combustion?

Peers of Intl. Combustion include ATV Projects, Chemtech Industries, Ducon Tech, and others. Intl. Combustion shows good growth and capital structure, but its 1-year return is -46.72%, lower than peers like D & H India, which has a return of 75.47%.

Peers: The peers of Intl. Combustion are ATV Projects, Chemtech Indust., Ducon Tech, Cenlub Industrie, Tulive Developer, D & H India, Somi Conv.Belt., Tankup Engi., and BEW Engg.<BR><BR>Quality Snapshot: Excellent management risk is observed at Tankup Engi., while Average management risk is found at Chemtech Indust., Ducon Tech, Intl. Combustion, Cenlub Industrie, D & H India, Somi Conv.Belt., and BEW Engg, and the rest. Good growth is noted at Intl. Combustion, D & H India, and the rest have Below Average growth, except for Tulive Developer, which does not qualify. Excellent capital structure is seen at Cenlub Industrie, while Good capital structure is at Intl. Combustion, and Average capital structure is found at Chemtech Indust., Ducon Tech, Somi Conv.Belt., and BEW Engg, with the rest having Below Average.<BR><BR>Return Snapshot: D & H India has the highest 1-year return at 75.47%, while Chemtech Indust. has the lowest at -38.31%. Intl. Combustion's 1-year return of -46.72% is lower than both. Additionally, the six-month return is negative for Chemtech Indust., Ducon Tech, Cenlub Industrie, Somi Conv.Belt., and BEW Engg.

Who are in the management team of Intl. Combustion?

As of March 2022, the management team of Intl. Combustion includes S Bagaria (Chairman), Indrajit Sen (Managing Director), R L Gaggar, Sandipan Chakravortty, Nayantara Palchoudhuri, Srikumar Menon (all Independent Directors), P R Sivasankar (Company Secretary), and Rana Pratap Singh (Whole-time Director). They oversee the company's operations and strategic direction.

As of March 2022, the management team of Intl. Combustion includes the following 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 strategic direction.

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 868 Cr and a net profit of 68 Cr as of March 2025. Key financial metrics include a P/E ratio of 14.00 and a market cap of INR 204 Cr.

Overview:<BR>International Combustion (India) Limited operates in the industrial manufacturing sector and is categorized 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 entity in 1974, reducing foreign shareholding to 60%. The foreign holding further decreased to 39.12% in 1978. The latest quarterly results reported net sales and profit for March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 868 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 68 Cr (Quarterly Results - Mar 2025)<BR>- Market cap: INR 204 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 14.00<BR>- Industry P/E: 33<BR>- Dividend Yield: 0.59%<BR>- Debt Equity: 0.09<BR>- Return on Equity: 11.17%<BR>- Price to Book: 1.52<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

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.

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.

When is the next results date for Intl. Combustion?

Intl. Combustion is scheduled to declare its results on 04 November 2025.

Intl. Combustion is scheduled to declare its results on 04 November 2025.

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.

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.

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

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

As of 31-Mar, the stock price of International Combustion (India) Ltd is currently at Rs. 388.00, reflecting a short-term rise despite significant volatility and a long-term downward trend, with a year-to-date return of -49.75%. Increased investor participation and a temporary recovery today contrast with underlying issues such as low return on equity and declining profits.

As of 31-Mar, the stock price of International Combustion (India) Ltd is rising, currently at Rs. 388.00, reflecting an increase of Rs. 22.3 or 6.1%. This rise comes despite the stock's recent performance, which has shown significant volatility. Today, the stock opened with a loss of 5.39%, hitting a new 52-week low of Rs. 346, but it later rebounded to touch an intraday high of Rs. 389.9, indicating a recovery within the trading day.<BR><BR>The stock has outperformed its sector by 7.24% today, which may have contributed to the upward movement in price. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 253.11% against the 5-day average, suggesting growing interest among investors. However, it is important to note that the stock is trading below its moving averages across various time frames, indicating a longer-term downward trend.<BR><BR>Despite the current rise, the stock has faced significant challenges over the past year, with a return of -49.75% and a decline in profits by 71.9%. The company's low return on equity (ROE) of 2.5 and poor management efficiency, highlighted by a low ROE of 8.41%, suggest underlying issues that could affect future performance. Overall, while the stock is experiencing a short-term rise today, the broader context indicates ongoing struggles that investors should consider.

Which are the latest news on Intl. Combustion?