Indian Card Clothing Company Ltd

Indian CardCloth Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Indian Card Clothing Company Ltd

₹ 271 -2.40%
18 Oct - close price
cardindia.com BSE: 509692 NSE: INDIANCARD
About

Incorporated in1975, Indian Card Clothing Company is in the business of card clothing and real estate[1]

Key Points

Business Overview:[1][2]
Company supplies high speed card clothing sets. It manufactures card clothing and card room accessories for complete range of carding machines and supplies to textile mills across India and global markets. ICC trades in card clothing’s suitable for all types of fibres which require carding.
At present, Mauritius based, Multi Act Industrial Limited (MAIL) is the holding company of ICC with a stake of 67.33% in the equity share capital of the company. MAIL is promoted by Trivedi Family and a few other shareholders

Website BSE NSE
  • Market Cap ₹ 161 Cr.
  • Current Price ₹ 271
  • High / Low ₹ 353 / 210
  • Stock P/E 11.1
  • Book Value ₹ 417
  • Dividend Yield 0.00 %
  • ROCE 3.30 %
  • ROE 2.99 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company is almost debt free.
  • Stock is trading at 0.65 times its book value
  • Company has delivered good profit growth of 18.8% CAGR over last 5 years

Cons

  • The company has delivered a poor sales growth of 1.19% over past five years.
  • Company has a low return on equity of 2.11% over last 3 years.
  • Earnings include an other income of Rs.91.4 Cr.
  • Working capital days have increased from 111 days to 190 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Textiles Industry: Textiles - Products

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
12 14 15 15 14 15 15 13 13 13 11 12 8
12 13 14 15 14 15 13 13 12 14 13 13 12
Operating Profit 0 0 1 0 0 0 2 1 1 -0 -2 -1 -4
OPM % 2% 4% 7% 2% 1% 2% 11% 4% 6% -1% -21% -9% -52%
0 0 1 224 2 2 4 3 3 8 5 1 78
Interest 1 0 0 1 1 1 1 1 0 1 0 1 1
Depreciation 1 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax -1 -0 1 223 0 0 3 2 3 6 0 -2 72
Tax % 16% 57% 15% 14% 55% 24% -19% 35% 14% 13% 176% -139% 8%
-1 -1 1 193 0 0 4 1 2 5 -0 1 67
EPS in Rs -2.09 -1.14 1.04 324.27 0.25 0.57 6.82 1.65 3.85 8.85 -0.57 1.13 112.07
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
62 69 68 66 52 59 46 51 45 56 57 49 44
52 62 64 61 55 67 62 52 43 53 54 52 52
Operating Profit 11 7 3 5 -4 -8 -15 -1 2 2 3 -3 -8
OPM % 17% 10% 5% 7% -7% -13% -33% -2% 5% 4% 4% -6% -17%
3 5 3 20 29 -8 3 5 3 226 10 17 91
Interest 1 2 1 1 2 2 3 3 2 2 2 2 2
Depreciation 5 7 10 7 6 5 4 4 4 4 7 5 5
Profit before tax 7 3 -5 17 18 -23 -19 -3 -0 222 4 7 77
Tax % 36% 24% -18% 19% 17% -22% 4% 32% 389% 14% 4% -6%
5 2 -4 14 15 -18 -20 -4 -1 191 6 8 72
EPS in Rs 10.17 5.19 -8.42 29.88 31.93 -39.13 -43.22 -9.18 -1.50 322.06 9.29 13.26 121.48
Dividend Payout % 34% 58% -30% 49% 38% 0% 0% 0% 0% 8% 269% 0%
Compounded Sales Growth
10 Years: -3%
5 Years: 1%
3 Years: 3%
TTM: -21%
Compounded Profit Growth
10 Years: 37%
5 Years: 19%
3 Years: 136%
TTM: 54%
Stock Price CAGR
10 Years: 8%
5 Years: 21%
3 Years: 14%
1 Year: 10%
Return on Equity
10 Years: -2%
5 Years: 1%
3 Years: 2%
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 5 5 5 5 5 5 5 5 6 6 6 6
Reserves 85 86 81 86 98 79 59 54 67 258 234 242
15 14 13 8 10 12 13 17 22 19 21 23
30 27 23 30 27 48 28 17 14 13 20 19
Total Liabilities 134 131 121 129 140 143 104 93 108 296 281 289
56 64 57 45 40 35 33 31 41 49 47 32
CWIP 17 3 3 3 1 1 0 1 0 0 1 0
Investments 28 29 27 52 65 66 29 17 10 34 156 186
33 35 35 29 34 41 42 45 58 213 77 70
Total Assets 134 131 121 129 140 143 104 93 108 296 281 289

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
8 6 4 12 -6 0 -35 -11 -2 2 3 1
-10 2 -1 5 17 1 36 13 -2 165 -121 -20
3 -7 -3 -17 -11 -1 -1 1 17 -5 -31 -2
Net Cash Flow 0 2 0 0 0 0 -0 4 13 162 -149 -21

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 56 67 49 51 70 66 71 72 81 77 91 81
Inventory Days 335 203 215 184 314 264 259 200 206 119 197 207
Days Payable 119 72 38 61 193 251 190 172 158 111 195 241
Cash Conversion Cycle 272 198 226 174 191 79 139 101 129 84 93 47
Working Capital Days 68 65 67 15 69 -47 65 74 86 73 71 190
ROCE % 7% 0% -5% -1% -0% -7% -19% -5% 1% 2% 2% 3%

Shareholding Pattern

Numbers in percentages

4 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
67.33% 67.33% 67.33% 67.33% 67.33% 67.33% 67.33% 67.33% 67.33% 67.33% 67.33% 67.33%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.25% 0.25% 0.26% 0.25%
0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03%
32.64% 32.64% 32.64% 32.64% 32.64% 32.64% 32.64% 32.65% 32.39% 32.39% 32.39% 32.39%
No. of Shareholders 7,8927,6207,3458,6739,8919,95710,0119,6609,97810,51010,80010,502

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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