Indian Card Clothing Company Ltd (INDIANCARD) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{
  "main_header": {
    "sid": 649947,
    "name": "Indian CardCloth",
    "stock_name": "Indian CardCloth",
    "full_name": "Indian Card Clothing Company Ltd",
    "name_url": "stocks-analysis/indian-cardcloth",
    "exchange": 1,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "249.15",
    "chg": 3.3,
    "chgp": "1.34%",
    "dir": 1,
    "prev_price": "245.85",
    "mcapval": "149.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 509692,
    "symbol": "INDIANCARD",
    "ind_name": "Garments & Apparels",
    "ind_code": 64,
    "indexname": "",
    "isin": "INE061A01014",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": "1.35 k",
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
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  "news": {
    "results": [
      {
        "title": "Indian CardCloth Sees Revision in Market Evaluation Amid Challenging Fundamentals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/indian-cardcloth-downgraded-to-strong-sell-amid-weak-fundamentals-and-bearish-outlook-3748204",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/IndianCardCloth_mojoScore_3748204.png",
        "date": "2025-12-05 10:10:27",
        "description": "Indian CardCloth, a microcap player in the Garments & Apparels sector, has undergone a notable revision in its market evaluation. This shift reflects a reassessment of the company’s financial health, valuation, and technical outlook, underscoring the challenges it faces in a competitive industry environment."
      },
      {
        "title": "Indian Card Clothing Q2 FY26: Operational Losses Deepen Despite Other Income Surge",
        "link": "https://www.marketsmojo.com/news/result-analysis/indian-card-clothing-q2-fy26-operational-losses-deepen-despite-other-income-surge-3708275",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/IndianCardCloth_quaterlyResult_3708275.png",
        "date": "2025-11-17 19:36:08",
        "description": "Indian Card Clothing Company Ltd. reported a consolidated net profit of ₹5.41 crores for Q2 FY26, marking a substantial 136.24% sequential improvement from ₹2.29 crores in Q1 FY26, yet declining 30.73% year-on-year from ₹7.81 crores in Q2 FY25. The micro-cap garments and apparels company, with a market capitalisation of ₹154.00 crores, continues to face severe operational headwinds, with core business losses widening to ₹3.35 crores even as other income surged to ₹11.38 crores, accounting for 171.64% of profit before tax."
      },
      {
        "title": "How has been the historical performance of Indian CardCloth?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-indian-cardcloth-3702830",
        "imagepath": "",
        "date": "2025-11-14 23:34:50",
        "description": "Answer:\nThe historical performance of Indian CardCloth shows significant fluctuations in key financial metrics over the years.\n\nBreakdown:\nIndian CardCloth's net sales have declined from 66.51 crore in March 2022 to 42.03 crore in March 2025, reflecting a downward trend in total operating income as well, which decreased from 66.51 crore to 42.03 crore in the same period. The raw material costs peaked at 21.58 crore in March 2022 but fell to 10.97 crore by March 2025. Employee costs have increased from 16.90 crore in March 2021 to 20.85 crore in March 2025, contributing to a total expenditure that rose from 54.08 crore in March 2021 to 55.62 crore in March 2025. Operating profit (PBDIT) has fluctuated, moving from a profit of 1.60 crore in March 2022 to a loss of 13.59 crore in March 2025. However, other income surged to 43.88 crore in March 2025, leading to a profit before tax of 99.89 crore, a significant ..."
      },
      {
        "title": "Are Indian CardCloth latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-indian-cardcloth-latest-results-good-or-bad-3702160",
        "imagepath": "",
        "date": "2025-11-14 19:26:52",
        "description": "The Indian Card Clothing Company has reported its financial results for the quarter ending June 2025, which reveal several operational trends. The company's Profit Before Tax (PBT) reached Rs -4.29 crore, marking the highest level in five quarters, which may suggest a potential positive trend in this area. However, the Profit After Tax (PAT) has experienced a significant decline, falling by 55% year-on-year to Rs 2.29 crore, indicating challenges in profitability.\n\nThe company's net sales for the quarter were reported at Rs 9.65 crore, reflecting a year-on-year decline of 3.69%, although this is an improvement from the previous year's decline. Additionally, the inventory turnover ratio decreased to 4.03 times, the lowest in the last five half-year periods, suggesting a slowdown in inventory movement. The non-operating income represented a substantial 249.48% of PBT, raising concerns regarding the sustainabi..."
      },
      {
        "title": "When is the next results date for Indian CardCloth?",
        "link": "https://www.marketsmojo.com/news/result-analysis/when-is-the-next-results-date-for-indian-cardcloth-3681024",
        "imagepath": "",
        "date": "2025-11-07 23:17:57",
        "description": "The next results date for Indian CardCloth is scheduled for 14 November 2025...."
      },
      {
        "title": "Why is Indian CardCloth falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-indian-cardcloth-fallingrising-3600374",
        "imagepath": "",
        "date": "2025-10-07 21:20:11",
        "description": "As of 07-Oct, Indian Card Clothing Company Ltd's stock price is currently at 255.05, reflecting a decrease of 3.25, or 1.26%. The stock has been underperforming, having fallen consecutively for the last three days with a total decline of 2.3%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock has shown a significant decline over the past month, down 8.26%, and year-to-date, it has decreased by 22.95%. While there has been a rise in investor participation, with delivery volume increasing by 19.51% against the 5-day average, the overall performance remains weak, and there are no positive factors available to counterbalance the negative trends.\n\nBroader Market Context: In comparison to the benchmark Sensex, which has increased by 2.07% over the past week, Indian Card Clothing Company Ltd's stock has declined by 1.60%. This u..."
      },
      {
        "title": "Why is Indian CardCloth falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-indian-cardcloth-fallingrising-3565982",
        "imagepath": "",
        "date": "2025-09-24 21:13:44",
        "description": "As of 24-Sep, Indian Card Clothing Company Ltd's stock price is currently at 269.50, reflecting an increase of 0.7, or 0.26%. The stock has shown a trend reversal by gaining after two consecutive days of decline, outperforming its sector by 1.47%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend overall. Additionally, the stock has experienced a significant drop in investor participation, with delivery volume falling by 30.46% compared to the 5-day average. Year-to-date, the stock is down 18.58%, while it has underperformed against the benchmark Sensex over the past month and year.\n\nIn the broader market context, the Sensex has shown a positive return of 4.58% year-to-date, contrasting sharply with Indian Card Clothing's significant decline. Over the past week, the stock has decreased by 1.73%, while the Sensex has only fallen by 1.18%...."
      },
      {
        "title": "Why is Indian CardCloth falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-indian-cardcloth-fallingrising-3559939",
        "imagepath": "",
        "date": "2025-09-23 21:24:40",
        "description": "As of 23-Sep, Indian Card Clothing Company Ltd is experiencing a decline in its stock price, currently at 268.80, which reflects a decrease of 0.4 or 0.15%. The stock has underperformed its sector by 0.99% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 2.4% during this period. Additionally, the stock is trading below its 5-day, 20-day, 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 15.75% compared to the 5-day average. Year-to-date, the stock has seen a significant decline of 18.79%, contrasting with the Sensex, which has gained 5.07%.\n\nIn the broader market context, the Indian Card Clothing Company Ltd's short-term performance has been notably weaker than the benchmark Sensex, which has only declined by 0.34% over the pas..."
      },
      {
        "title": "Why is Indian CardCloth falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-indian-cardcloth-fallingrising-3553080",
        "imagepath": "",
        "date": "2025-09-22 21:15:27",
        "description": "As of 22-Sep, Indian Card Clothing Company Ltd is experiencing a decline in its stock price, currently at Rs 269.20, reflecting a decrease of Rs 6.2 or 2.25%. The stock has underperformed today, opening with a loss of 3.05% and reaching an intraday low of Rs 267. It is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 4.57%, and year-to-date, it has fallen by 18.67%. The company's financial health is concerning, with reported operating losses and a weak ability to service its debt, as evidenced by a poor EBIT to Interest ratio of -3.69. Additionally, the company has reported a significant drop in profit after tax, with a 55% decline in the latest quarter, further contributing to investor pessimism.\n\nIn the broader market context, the Sensex has shown a positive return of 0.46% over the past week, contrasting sharply with Indian Card Clothing's ..."
      }
    ],
    "total": 109,
    "sid": "649947",
    "stock_news_url": "https://www.marketsmojo.com/news/indian-card-clothing-company-649947"
  },
  "announcements": [
    {
      "details": "Indian Card Clothing Company Limitedmited with respect to announcement dated 08-Nov-2019, regarding Board meeting held on November 08, 2019. On basis of above the Company is required to clarify following: 1. Brief profile (in case of appointment). The response of the Company is awaited.",
      "source": "NSE",
      "caption": "Indian Card Clothing Company Limited - Clarification",
      "datetime": "18-Nov-2019"
    },
    {
      "details": "Indian Card Clothing Company Limited has informed the Exchange regarding Notice of Postal Ballot",
      "source": "NSE",
      "caption": "Indian Card Clothing Company Limited - Shareholders meeting",
      "datetime": "04-Nov-2019"
    },
    {
      "details": "Indian Card Clothing Company Limited has informed the Exchange regarding Credit Rating that ICRA Limited, the Credit Rating Agency has reaffirmed the long-term rating at [ICRA]BB+ (pronounced ICRA double B plus) and short-term rating at [ICRA]A4+ (pronounced ICRA A four plus) assigned to the line of credit of the Company. The communication letter and rationale as received from ICRA Limited is enclosed.",
      "source": "NSE",
      "caption": "Indian Card Clothing Company Limited - Credit Rating",
      "datetime": "18-Oct-2019"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Indian Card Clothing Company Ltd has declared <strong>250%</strong> dividend, ex-date: 07 Jul 22",
          "dt": "2022-07-07",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Indian CardCloth Sees Revision in Market Evaluation Amid Challenging Fundamentals

2025-12-05 10:10:27

Indian CardCloth, a microcap player in the Garments & Apparels sector, has undergone a notable revision in its market evaluation. This shift reflects a reassessment of the company’s financial health, valuation, and technical outlook, underscoring the challenges it faces in a competitive industry environment.

Indian Card Clothing Q2 FY26: Operational Losses Deepen Despite Other Income Surge

2025-11-17 19:36:08

Indian Card Clothing Company Ltd. reported a consolidated net profit of ₹5.41 crores for Q2 FY26, marking a substantial 136.24% sequential improvement from ₹2.29 crores in Q1 FY26, yet declining 30.73% year-on-year from ₹7.81 crores in Q2 FY25. The micro-cap garments and apparels company, with a market capitalisation of ₹154.00 crores, continues to face severe operational headwinds, with core business losses widening to ₹3.35 crores even as other income surged to ₹11.38 crores, accounting for 171.64% of profit before tax.

How has been the historical performance of Indian CardCloth?

2025-11-14 23:34:50

Answer: The historical performance of Indian CardCloth shows significant fluctuations in key financial metrics over the years. Breakdown: Indian CardCloth's net sales have declined from 66.51 crore in March 2022 to 42.03 crore in March 2025, reflecting a downward trend in total operating income as well, which decreased from 66.51 crore to 42.03 crore in the same period. The raw material costs peaked at 21.58 crore in March 2022 but fell to 10.97 crore by March 2025. Employee costs have increased from 16.90 crore in March 2021 to 20.85 crore in March 2025, contributing to a total expenditure that rose from 54.08 crore in March 2021 to 55.62 crore in March 2025. Operating profit (PBDIT) has fluctuated, moving from a profit of 1.60 crore in March 2022 to a loss of 13.59 crore in March 2025. However, other income surged to 43.88 crore in March 2025, leading to a profit before tax of 99.89 crore, a significant ...

Are Indian CardCloth latest results good or bad?

2025-11-14 19:26:52

The Indian Card Clothing Company has reported its financial results for the quarter ending June 2025, which reveal several operational trends. The company's Profit Before Tax (PBT) reached Rs -4.29 crore, marking the highest level in five quarters, which may suggest a potential positive trend in this area. However, the Profit After Tax (PAT) has experienced a significant decline, falling by 55% year-on-year to Rs 2.29 crore, indicating challenges in profitability. The company's net sales for the quarter were reported at Rs 9.65 crore, reflecting a year-on-year decline of 3.69%, although this is an improvement from the previous year's decline. Additionally, the inventory turnover ratio decreased to 4.03 times, the lowest in the last five half-year periods, suggesting a slowdown in inventory movement. The non-operating income represented a substantial 249.48% of PBT, raising concerns regarding the sustainabi...

When is the next results date for Indian CardCloth?

2025-11-07 23:17:57

The next results date for Indian CardCloth is scheduled for 14 November 2025....

Why is Indian CardCloth falling/rising?

2025-10-07 21:20:11

As of 07-Oct, Indian Card Clothing Company Ltd's stock price is currently at 255.05, reflecting a decrease of 3.25, or 1.26%. The stock has been underperforming, having fallen consecutively for the last three days with a total decline of 2.3%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock has shown a significant decline over the past month, down 8.26%, and year-to-date, it has decreased by 22.95%. While there has been a rise in investor participation, with delivery volume increasing by 19.51% against the 5-day average, the overall performance remains weak, and there are no positive factors available to counterbalance the negative trends. Broader Market Context: In comparison to the benchmark Sensex, which has increased by 2.07% over the past week, Indian Card Clothing Company Ltd's stock has declined by 1.60%. This u...

Why is Indian CardCloth falling/rising?

2025-09-24 21:13:44

As of 24-Sep, Indian Card Clothing Company Ltd's stock price is currently at 269.50, reflecting an increase of 0.7, or 0.26%. The stock has shown a trend reversal by gaining after two consecutive days of decline, outperforming its sector by 1.47%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend overall. Additionally, the stock has experienced a significant drop in investor participation, with delivery volume falling by 30.46% compared to the 5-day average. Year-to-date, the stock is down 18.58%, while it has underperformed against the benchmark Sensex over the past month and year. In the broader market context, the Sensex has shown a positive return of 4.58% year-to-date, contrasting sharply with Indian Card Clothing's significant decline. Over the past week, the stock has decreased by 1.73%, while the Sensex has only fallen by 1.18%....

Why is Indian CardCloth falling/rising?

2025-09-23 21:24:40

As of 23-Sep, Indian Card Clothing Company Ltd is experiencing a decline in its stock price, currently at 268.80, which reflects a decrease of 0.4 or 0.15%. The stock has underperformed its sector by 0.99% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 2.4% during this period. Additionally, the stock is trading below its 5-day, 20-day, 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 15.75% compared to the 5-day average. Year-to-date, the stock has seen a significant decline of 18.79%, contrasting with the Sensex, which has gained 5.07%. In the broader market context, the Indian Card Clothing Company Ltd's short-term performance has been notably weaker than the benchmark Sensex, which has only declined by 0.34% over the pas...

Why is Indian CardCloth falling/rising?

2025-09-22 21:15:27

As of 22-Sep, Indian Card Clothing Company Ltd is experiencing a decline in its stock price, currently at Rs 269.20, reflecting a decrease of Rs 6.2 or 2.25%. The stock has underperformed today, opening with a loss of 3.05% and reaching an intraday low of Rs 267. It is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 4.57%, and year-to-date, it has fallen by 18.67%. The company's financial health is concerning, with reported operating losses and a weak ability to service its debt, as evidenced by a poor EBIT to Interest ratio of -3.69. Additionally, the company has reported a significant drop in profit after tax, with a 55% decline in the latest quarter, further contributing to investor pessimism. In the broader market context, the Sensex has shown a positive return of 0.46% over the past week, contrasting sharply with Indian Card Clothing's ...

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