Intl. Conveyors

Why is International Conveyors Ltd falling/rising?

As of 24-Aug, the stock price of International Conveyors Ltd is at 76.80, down 0.76%. The stock has underperformed recently, with a year-to-date decline of 13.04%, and is currently below key moving averages, indicating a bearish trend and reduced investor interest.

As of 24-Aug, the stock price of International Conveyors Ltd is currently at 76.80, reflecting a change of -0.59, or a decrease of 0.76%. This decline can be attributed to several factors. Over the past week, the stock has underperformed, showing a decrease of 2.82%, while the benchmark Sensex has only fallen by 0.46%. Additionally, the stock has a year-to-date performance of -13.04%, which is significantly worse than the Sensex's decline of 9.21% over the same period.<BR><BR>Despite a recent three-day gain of 2.11%, the stock's overall performance remains weak, particularly when compared to longer-term metrics. It is currently below the 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, there has been a notable drop in investor participation, with delivery volume falling by 27.4% against the five-day average, suggesting reduced interest in trading the stock. Overall, these factors contribute to the stock's current downward movement.

Which are the latest news on Intl. Conveyors?

Should I buy, sell or hold International Conveyors Ltd?

Who are in the management team of Intl. Conveyors?

The management team of Intl. Conveyors includes Managing Director R K Dabriwala, Executive Director P. S. Deshpande, Company Secretary Dipti Sharma, and Directors Udit Sethia and Surbhit Dabriwala, along with several Independent Directors. This team is responsible for the company's governance and strategic direction.

The management team of Intl. Conveyors includes the following individuals:<BR><BR>1. **R K Dabriwala** - Managing Director<BR>2. **P. S. Deshpande** - Executive Director<BR>3. **Dipti Sharma** - Company Secretary & Compliance Officer<BR>4. **Udit Sethia** - Director<BR>5. **Surbhit Dabriwala** - Director<BR><BR>Additionally, the board features several Independent Directors:<BR>- **Mahadeo Prasad Jhunjhunwala**<BR>- **J S Vanzara**<BR>- **K T Reddy**<BR>- **Sunit Mehra**<BR>- **Jayanthi Talluri**<BR><BR>This team plays a crucial role in the governance and strategic direction of the company.

What does Intl. Conveyors do?

International Conveyors Ltd manufactures PVC conveyor belt solutions primarily for the mining sector and various industries. As of March 2026, it reported net sales of 97 Cr and a net profit of 4 Cr, with a market cap of INR 472 Cr.

Overview:<BR>International Conveyors Ltd is engaged in the manufacturing of Polyvinyl Chloride (PVC) Conveyor Belt solutions for the mining sector and various industries, operating within the Industrial Manufacturing sector as a Micro Cap company.<BR><BR>History:<BR>The company was incorporated in 1973 by entrepreneur Mr. R.K. Dabriwala. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 97 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 4 Cr (Quarterly Results - Mar 2026)<BR>- Market-cap: INR 472 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 7.00<BR>- Industry P/E: 36<BR>- Dividend Yield: 0.99%<BR>- Debt Equity: -0.53<BR>- Return on Equity: 16.11%<BR>- Price to Book: 1.13<BR><BR>Contact Details:<BR>Address: FaltaSEZ Sector2 Nr Pump House, No 3 Village & Mouza-Akalmegh Kolkata West Bengal : 743504<BR>Email: icltd@iclbelting.com<BR>Website: http://www.iclbelting.com

Who are the peers of the Intl. Conveyors?

Intl. Conveyors' peers include Kalyani Cast-Tec, Integra Engg., Fabtech Techn., Mazda, Bemco Hydraulics, United Drilling, Guj Apollo Inds, Fluidomat, and GP Eco Solutions, with varying management risk and growth ratings. Kalyani Cast-Tec leads in 1-year return at 57.23%, while Intl. Conveyors has a return of -13.50%.

Peers: The peers of Intl. Conveyors are Kalyani Cast-Tec, Integra Engg., Fabtech Techn., Mazda, Bemco Hydraulics, United Drilling, Guj Apollo Inds, Fluidomat, and GP Eco Solutions.<BR><BR>Quality Snapshot: Excellent management risk is observed at Kalyani Cast-Tec, Fluidomat, and the rest. Average management risk is found at Integra Engg., Intl. Conveyors, Bemco Hydraulics, United Drilling, and GP Eco Solutions. Below Average management risk is seen at Fabtech Techn., Mazda, and Guj Apollo Inds. Growth is rated as Excellent for GP Eco Solutions, Good for Kalyani Cast-Tec and Fluidomat, while Average growth is noted for Intl. Conveyors, Bemco Hydraulics, and United Drilling. Below Average growth is present at Integra Engg., Fabtech Techn., Mazda, and Guj Apollo Inds. Capital Structure is Excellent for Kalyani Cast-Tec, Integra Engg., Fabtech Techn., Mazda, and Fluidomat, while Good is noted for Intl. Conveyors, Bemco Hydraulics, and GP Eco Solutions, and Below Average for Guj Apollo Inds.<BR><BR>Return Snapshot: Kalyani Cast-Tec has the highest 1-year return at 57.23%, while Integra Engg. has the lowest at -34.09%. Intl. Conveyors' 1-year return of -13.50% is worse than Kalyani Cast-Tec's but better than Integra Engg.'s. Additionally, the six-month return is negative for Integra Engg., Guj Apollo Inds, and GP Eco Solutions.

How big is Intl. Conveyors?

As of 14th August, International Conveyors Ltd has a market capitalization of 484.23 Cr and reported net sales of 213.13 Cr and net profit of 68.38 Cr over the latest four quarters.

As of 14th August, <BR><BR>Market Cap: International Conveyors Ltd has a market capitalization of 484.23 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 213.13 Cr, while the sum of Net Profit for the same period is 68.38 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds are valued at 361.80 Cr, and Total Assets amount to 507.86 Cr.

Are International Conveyors Ltd latest results good or bad?

International Conveyors Ltd's latest results show strong revenue growth of 77.71% year-on-year, reaching ₹97.03 crores, but a concerning 69.38% drop in net profit to ₹3.99 crores due to negative other income raises questions about the sustainability of its earnings. While operating margins remain stable, the significant profit decline despite revenue growth is a red flag for investors.

International Conveyors Ltd's latest results present a mixed picture. On one hand, the company achieved impressive revenue growth, with net sales soaring by 77.71% year-on-year to ₹97.03 crores in Q4 FY26. This strong performance indicates robust demand for its conveyor belting products, particularly in the mining and manufacturing sectors.<BR><BR>However, the profitability aspect raises significant concerns. The net profit for the same quarter plummeted by 69.38% year-on-year to ₹3.99 crores, a stark decline that overshadowed the revenue growth. This drop in profit was primarily driven by a negative other income of ₹10.45 crores, which marked a significant reversal from the previous year. The volatility in other income has become a critical issue, leading to questions about the sustainability of the company's earnings.<BR><BR>While the operating profit before depreciation, interest, and tax (PBDIT) excluding other income reached its highest level at ₹18.63 crores, the overall profit decline despite strong revenue growth suggests that the quality of earnings is in question. The company's operating margin remained relatively stable at 19.20%, indicating disciplined cost management despite inflationary pressures.<BR><BR>In summary, while International Conveyors Ltd has demonstrated strong operational performance and revenue growth, the sharp decline in net profit due to volatile other income raises red flags for investors regarding the sustainability and quality of its earnings.

When is the next results date for International Conveyors Ltd?

The next results date for International Conveyors Ltd is 20 May 2026.

The next results date for International Conveyors Ltd is scheduled for 20 May 2026.

Is Intl. Conveyors overvalued or undervalued?

As of November 14, 2025, Intl. Conveyors is considered overvalued with a valuation grade of expensive, reflected by a PE ratio of 5.12 and an EV to EBITDA of 17.70, despite a strong five-year return of 207.48%, as it has underperformed the Sensex recently.

As of 14 November 2025, the valuation grade for Intl. Conveyors has moved from very expensive to expensive. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE ratio of 5.12, an EV to EBITDA of 17.70, and a PEG ratio of 0.13, which suggests that, despite a low PE, the overall valuation remains high relative to its earnings growth potential.<BR><BR>In comparison to peers, Intl. Conveyors has a significantly lower PE ratio than Rail Vikas, which stands at 58.94, and Tube Investments, which is at 94.36. However, the EV to EBITDA ratio of 17.70 is still on the higher side compared to the industry, indicating that the stock may not be as attractive as it appears. Furthermore, while Intl. Conveyors has shown a strong return over the past five years at 207.48%, it has underperformed the Sensex in the last year and over the last month, reinforcing the notion that the current valuation may not be justified.

How has been the historical performance of Intl. Conveyors?

Intl. Conveyors has shown fluctuating historical performance, with net sales increasing to 151.85 Cr in March 2025 from 133.93 Cr in March 2024, and significant improvements in operating profit and profit after tax. The company has demonstrated a recovery in profitability and operational efficiency in the latest fiscal year.

Answer:<BR>The historical performance of Intl. Conveyors shows a fluctuating trend in net sales and profits over the years, with a notable increase in recent periods.<BR><BR>Breakdown:<BR>Intl. Conveyors reported net sales of 151.85 Cr for the year ending March 2025, up from 133.93 Cr in March 2024, but down from 215.02 Cr in March 2023. The total operating income mirrored this trend, reaching 151.85 Cr in March 2025, compared to 133.93 Cr in the previous year and 215.02 Cr in March 2023. The company’s total expenditure, excluding depreciation, was 130.38 Cr in March 2025, an increase from 112.64 Cr in March 2024, but significantly lower than 185.63 Cr in March 2023. Operating profit (PBDIT) for March 2025 was 126.43 Cr, a substantial rise from 87.92 Cr in March 2024, and a marked improvement from 43.36 Cr in March 2023. Profit before tax also saw a significant increase to 116.27 Cr in March 2025 from 77.03 Cr in March 2024, while profit after tax rose to 91.71 Cr from 62.39 Cr in the prior year. The company’s total assets increased to 507.86 Cr in March 2025 from 439.24 Cr in March 2024, and total liabilities also rose to 507.86 Cr from 439.24 Cr. Cash flow from operating activities improved to 14.00 Cr in March 2025, compared to 12.00 Cr in March 2024, while cash flow from investing activities showed a positive shift to 43.00 Cr in March 2025 from a negative 47.00 Cr in March 2024. Overall, Intl. Conveyors has demonstrated a recovery in profitability and operational efficiency in the latest fiscal year.

Is Intl. Conveyors technically bullish or bearish?

As of October 24, 2025, the trend is mildly bullish due to a bullish MACD and moving averages, but mixed signals from the RSI and KST suggest a cautious outlook.

As of 24 October 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on both weekly and monthly time frames, and a bullish signal from the daily moving averages. However, the monthly RSI indicates bearish momentum, and the KST shows a mildly bearish signal on both weekly and monthly time frames. The Bollinger Bands are bullish weekly and mildly bullish monthly, while the Dow Theory suggests a mildly bullish stance on the monthly chart. Overall, the mixed signals indicate a cautious bullish outlook.

Who are the top shareholders of the Intl. Conveyors?

The top shareholder of Intl. Conveyors is I G E (India) Private Limited, holding 50.02%. Other notable shareholders include Deepshikha Khaitan with 1.18% and individual investors collectively owning 27.96%.

The top shareholders of Intl. Conveyors include I G E (India) Private Limited, which holds the largest stake at 50.02%. The company has no pledged promoter holdings, and there are three Foreign Institutional Investors (FIIs) holding a total of 0.02%. The highest public shareholder is Deepshikha Khaitan, with a holding of 1.18%. Additionally, individual investors collectively hold 27.96% of the company's shares.

What is the bonus history of the Intl. Conveyors?

Intl. Conveyors issued a 1:1 bonus on December 10, 2009, with a record date of December 11, 2009, allowing shareholders to receive an additional share for each share owned.

Intl. Conveyors has a bonus history that includes a notable 1:1 bonus issue announced on December 10, 2009. The record date for this bonus was December 11, 2009. This means that shareholders on record as of that date received an additional share for every share they owned. If you have any more questions about the company or its financial activities, feel free to ask!

Has Intl. Conveyors declared dividend?

International Conveyors Ltd has declared a 110% dividend (₹1.1 per share) with an ex-date of September 20, 2024. While recent returns have been volatile, the company has shown significant long-term growth, with a total return of 285.12% over the last five years.

International Conveyors Ltd has declared a 110% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 110%<BR>- Amount per share: 1.1<BR>- Ex-date: 20 Sep 24<BR><BR>Dividend Yield: 1.37%.<BR><BR>Total Returns by Period:<BR>Over the last 6 months, the price return was -6.59%, with a dividend return of 0%, resulting in a total return of -6.59%.<BR><BR>In the 1-year period, the price return was 3.07%, the dividend return was 1.38%, leading to a total return of 4.45%.<BR><BR>For the 2-year period, the price return was 34.11%, with a dividend return of 3.00%, resulting in a total return of 37.11%.<BR><BR>During the 3-year period, the price return was 31.43%, the dividend return was 5.78%, culminating in a total return of 37.21%.<BR><BR>Over the last 4 years, the price return was 51.04%, with a dividend return of 6.43%, leading to a total return of 57.47%.<BR><BR>In the 5-year period, the price return was 268.0%, the dividend return was 17.12%, resulting in a total return of 285.12%.<BR><BR>Overall, International Conveyors Ltd has declared a substantial dividend, and while recent returns have shown some volatility, the long-term performance indicates significant growth, particularly in the last five years.