Fundamental Analysis of Indian Card Clothing Company Ltd
About the Company -Indian Card Clothing Company Ltd
The Indian Card Clothing Company Ltd. is a Public Limited Listed company incorporated on 24/06/1955 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L29261PN1955PLC009579 and registration number is 009579. Currently Company is involved in the business activities of Manufacture of machinery for preparation of textile fibers, spinning machines, machines for preparing textile yarns, weaving machines (looms), including hand looms, knitting machines. Company’s Total Operating Revenue is Rs. 55.53 Cr. and Equity Capital is Rs. 5.94 Cr. for the Year ended 31/03/2022.
INDUSTRY
ADDRESS
CONTACT
Engineering - Heavy
14th Floor, 'B' Wing, AP-81, Koregaon Park Pune Maharashtra 411036
Indian Card Clothing Company Ltd Quarterly Results
Month
Sep 2020
Dec 2020
Mar 2021
Jun 2021
Sep 2021
Dec 2021
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Sales
13.78
14.84
17.49
15.00
16.63
17.11
18.17
16.77
17.21
17.12
15.01
15.04
15.51
Expenses
13.94
14.17
16.21
14.70
16.06
16.53
18.00
16.78
17.11
16.09
15.00
14.76
15.28
Operating Profit
-0.16
0.67
1.28
0.30
0.57
0.58
0.17
-0.01
0.10
1.03
0.01
0.28
0.23
OPM %
-1.16%
4.51%
7.32%
2.00%
3.43%
3.39%
0.94%
-0.06%
0.58%
6.02%
0.07%
1.86%
1.48%
Other Income
0.28
1.56
1.13
0.26
0.43
1.09
224.38
1.78
1.85
3.53
2.76
3.42
8.00
Interest
0.33
0.31
0.48
0.57
0.36
0.39
0.71
0.51
0.52
0.56
0.55
0.44
0.65
Depreciation
0.96
1.01
1.20
1.04
1.07
1.14
1.26
1.14
1.20
1.30
1.33
1.17
1.21
Profit before tax
-1.17
0.91
0.73
-1.05
-0.43
0.14
222.58
0.12
0.23
2.70
0.89
2.09
6.37
Tax %
-11.11%
21.98%
21.92%
-17.14%
-55.81%
0.00%
13.53%
175.00%
56.52%
-24.81%
58.43%
13.88%
13.19%
Net Profit
-1.31
0.71
0.58
-1.24
-0.66
0.13
192.45
-0.08
0.11
3.37
0.36
1.80
5.54
EPS in Rs
-2.70
1.25
0.96
-2.09
-1.11
0.50
324.06
-0.22
0.12
5.67
0.61
3.03
9.32
Last Updated: July 10, 2024, 6:12 pm
Indian Card Clothing Company Ltd Quarterly Chart
Indian Card Clothing Company Ltd Profit & Loss
Last Updated: July 10, 2024, 6:12 pm
Month
Mar 2012
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
TTM
Sales
82.28
74.28
74.04
85.09
79.13
64.53
71.52
57.61
61.31
53.98
66.51
66.11
58.19
Expenses
65.23
64.75
75.62
79.46
74.85
68.71
79.17
73.49
63.25
53.41
64.90
65.00
60.41
Operating Profit
17.05
9.53
-1.58
5.63
4.28
-4.18
-7.65
-15.88
-1.94
0.57
1.61
1.11
-2.22
OPM %
20.72%
12.83%
-2.13%
6.62%
5.41%
-6.48%
-10.70%
-27.56%
-3.16%
1.06%
2.42%
1.68%
-3.82%
Other Income
6.16
2.58
14.20
2.88
30.40
23.92
-7.46
3.17
4.80
3.45
226.16
9.94
18.89
Interest
1.31
1.19
1.60
1.20
0.93
1.88
2.45
2.62
2.80
1.73
2.03
2.14
2.10
Depreciation
5.53
5.69
7.75
10.48
7.75
6.30
5.44
4.30
4.20
4.11
4.52
7.62
5.25
Profit before tax
16.37
5.23
3.27
-3.17
26.00
11.56
-23.00
-19.63
-4.14
-1.82
221.22
1.29
9.32
Tax %
27.06%
49.33%
23.55%
13.56%
17.73%
25.52%
21.13%
-4.43%
-23.19%
-34.62%
13.81%
14.73%
Net Profit
11.94
2.65
2.51
-2.74
21.39
8.60
-18.15
-20.49
-5.10
-2.44
190.67
3.75
6.87
EPS in Rs
25.69
5.95
5.71
-6.28
39.68
19.05
-40.06
-45.13
-11.12
-3.87
321.37
6.16
11.56
Dividend Payout %
48.65%
58.76%
52.50%
-39.77%
36.53%
62.98%
0.00%
0.00%
0.00%
0.00%
7.78%
405.74%
Indian Card Clothing Company Ltd Profit & Loss Yearly Chart
Indian Card Clothing Company Ltd Growth
Compounded Sales Growth
10 Years:
-3%
5 Years:
-1%
3 Years:
1%
TTM:
-16%
Compounded Profit Growth
10 Years:
28%
5 Years:
19%
3 Years:
70%
TTM:
123%
Stock Price CAGR
10 Years:
8%
5 Years:
24%
3 Years:
8%
1 Year:
20%
Return on Equity
10 Years:
-3%
5 Years:
0%
3 Years:
2%
Last Year:
3%
Last Updated: July 25, 2024, 7:25 am
Indian Card Clothing Company Ltd Balance Sheet
Last Updated: July 10, 2024, 6:12 pm
Month
Mar 2012
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Sep 2023
Equity Capital
4.55
4.55
4.55
4.55
4.55
4.55
4.55
4.55
4.55
5.94
5.94
5.94
5.94
Reserves
87.60
89.60
90.81
86.51
96.69
99.70
80.00
59.24
54.31
65.56
256.51
232.53
239.82
Borrowings
11.61
16.78
15.43
14.40
7.69
11.74
12.16
12.68
17.65
21.81
19.19
20.87
22.88
Other Liabilities
30.25
34.27
31.48
28.26
41.38
32.14
54.13
34.29
23.72
21.12
19.78
21.99
22.07
Total Liabilities
134.01
145.20
142.27
133.72
150.31
148.13
150.84
110.76
100.23
114.43
301.42
281.33
290.71
Fixed Assets
59.47
59.94
67.97
60.91
46.04
41.93
37.14
34.29
32.64
41.96
50.54
48.54
52.56
CWIP
3.21
17.72
4.05
3.30
3.27
1.62
0.56
0.39
0.61
0.36
0.04
0.56
0.42
Investments
29.18
26.37
27.15
25.10
50.34
63.03
64.54
27.00
15.09
7.77
30.42
149.82
184.45
Other Assets
42.15
41.17
43.10
44.41
50.66
41.55
48.60
49.08
51.89
64.34
220.42
82.41
53.28
Total Assets
134.01
145.20
142.27
133.72
150.31
148.13
150.84
110.76
100.23
114.43
301.42
281.33
290.71
Indian Card Clothing Company Ltd Reserves and Borrowings Chart
Indian Card Clothing Company Ltd Cash Flow
Month
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Cash from Operating Activity
3.84
6.07
6.22
23.65
-13.93
0.16
-34.54
-11.47
-2.04
-0.09
2.96
1.55
Cash from Investing Activity
-10.75
2.25
-1.30
0.57
20.12
1.88
36.07
13.02
-1.95
166.76
-120.93
-20.78
Cash from Financing Activity
6.84
-6.58
-3.99
-15.32
-17.48
-1.73
-0.88
2.38
17.07
-4.59
-30.84
-2.11
Net Cash Flow
-0.07
1.74
0.93
8.91
-11.29
0.30
0.65
3.94
13.08
162.08
-148.81
-21.34
Indian Card Clothing Company Ltd Financial Efficiency Indicators
Month
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
64.03
78.97
54.86
55.03
66.91
66.86
69.88
66.68
78.71
74.96
85.52
74.24
Inventory Days
309.27
209.25
216.24
193.48
292.35
264.91
263.64
231.39
237.07
154.30
212.82
213.12
Days Payable
123.48
79.51
53.58
128.75
177.53
216.86
169.73
153.30
147.12
116.85
178.52
237.62
Cash Conversion Cycle
249.81
208.72
217.53
119.76
181.73
114.90
163.79
144.76
168.66
112.41
119.82
49.74
Working Capital Days
79.65
85.19
75.32
15.45
72.51
-13.68
78.69
84.06
92.97
83.58
73.38
236.53
ROCE %
4.82%
0.66%
-2.76%
-1.17%
-5.32%
-6.83%
-18.96%
-5.53%
-0.62%
1.37%
1.22%
Indian Card Clothing Company Ltd Financial Efficiency Indicators Chart
Indian Card Clothing Company Ltd Share Holding Pattern
Month
Jun 2021
Sep 2021
Dec 2021
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Promoters
67.33%
67.33%
67.33%
67.33%
67.33%
67.33%
67.33%
67.33%
67.33%
67.33%
67.33%
67.33%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.25%
0.25%
0.26%
DIIs
0.03%
0.03%
0.03%
0.03%
0.03%
0.03%
0.03%
0.03%
0.03%
0.03%
0.03%
0.03%
Public
32.64%
32.64%
32.64%
32.64%
32.64%
32.64%
32.64%
32.64%
32.65%
32.39%
32.39%
32.39%
No. of Shareholders
7,919
7,892
7,620
7,345
8,673
9,891
9,957
10,011
9,660
9,978
10,510
10,800
Indian Card Clothing Company Ltd Shareholding Pattern Chart
No. of Indian Card Clothing Company Ltd Shareholders
This stock is not held by any mutual fund
Indian Card Clothing Company Ltd ROCE Trend
Indian Card Clothing Company Ltd EPS Trend
Indian Card Clothing Company Ltd Key Financial Ratios
Month
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
FaceValue
10.00
10.00
10.00
10.00
10.00
Basic EPS (Rs.)
13.41
6.16
321.36
-4.42
-11.12
Diluted EPS (Rs.)
13.41
6.16
321.36
-4.42
-11.12
Cash EPS (Rs.)
21.72
14.68
324.35
2.81
-1.99
Book Value[Excl.RevalReserv]/Share (Rs.)
414.48
401.40
450.08
129.10
141.06
Book Value[Incl.RevalReserv]/Share (Rs.)
414.48
401.40
450.08
129.10
141.06
Revenue From Operations / Share (Rs.)
93.34
111.28
111.96
91.98
134.71
PBDIT / Share (Rs.)
24.58
23.07
12.29
6.38
-0.85
PBIT / Share (Rs.)
16.27
14.70
8.86
-0.53
-10.07
PBT / Share (Rs.)
12.56
6.64
372.35
-3.06
-9.10
Net Profit / Share (Rs.)
13.41
6.31
320.93
-4.11
-11.21
NP After MI And SOA / Share (Rs.)
13.41
6.16
321.36
-3.88
-11.12
PBDIT Margin (%)
26.33
20.73
10.97
6.94
-0.63
PBIT Margin (%)
17.43
13.21
7.91
-0.58
-7.47
PBT Margin (%)
13.45
5.96
332.58
-3.32
-6.75
Net Profit Margin (%)
14.36
5.67
286.65
-4.47
-8.32
NP After MI And SOA Margin (%)
14.36
5.53
287.04
-4.21
-8.25
Return on Networth / Equity (%)
3.23
1.53
72.74
-3.22
-8.60
Return on Capital Employeed (%)
3.54
3.31
1.82
-0.32
-6.03
Return On Assets (%)
2.72
1.30
63.34
-2.01
-5.05
Long Term Debt / Equity (X)
0.08
0.08
0.07
0.25
0.13
Total Debt / Equity (X)
0.08
0.08
0.07
0.30
0.29
Asset Turnover Ratio (%)
0.19
0.22
0.27
0.43
0.50
Current Ratio (X)
4.97
8.07
17.29
3.79
1.96
Quick Ratio (X)
4.47
7.44
16.47
3.05
1.39
Inventory Turnover Ratio (X)
1.21
1.97
1.94
1.08
1.37
Dividend Payout Ratio (NP) (%)
0.00
811.18
0.00
0.00
0.00
Dividend Payout Ratio (CP) (%)
0.00
344.04
0.00
0.00
0.00
Earning Retention Ratio (%)
0.00
-711.18
0.00
0.00
0.00
Cash Earning Retention Ratio (%)
0.00
-244.04
0.00
0.00
0.00
Interest Coverage Ratio (X)
6.81
6.39
1.61
2.19
-0.13
Interest Coverage Ratio (Post Tax) (X)
4.74
3.98
-5.59
-0.54
-1.98
Enterprise Value (Cr.)
144.53
102.56
3.12
80.55
53.29
EV / Net Operating Revenue (X)
2.61
1.55
0.04
1.47
0.86
EV / EBITDA (X)
9.90
7.48
0.42
21.24
-137.66
MarketCap / Net Operating Revenue (X)
2.64
1.90
2.52
1.47
0.63
Retention Ratios (%)
0.00
-711.18
0.00
0.00
0.00
Price / BV (X)
0.59
0.52
0.63
1.12
0.66
Price / Net Operating Revenue (X)
2.64
1.90
2.52
1.47
0.63
EarningsYield
0.05
0.02
1.14
-0.02
-0.12
Indian Card Clothing Company Ltd Profitability Ratios (%)
Indian Card Clothing Company Ltd Liquidity Ratios
Indian Card Clothing Company Ltd Liquidity Ratios (%)
Indian Card Clothing Company Ltd Interest Coverage Ratios (%)
Indian Card Clothing Company Ltd Valuation Ratios
Fair Value
Fair Value: 285.14
Calculation basis:
Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.
Undervalued: 3.69% compared to the current price 275
Intrinsic Value: 536.95
Calculation basis:
Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.
This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.
Undervalued: 95.26% compared to the current price 275
Last 5 Year EPS CAGR: 88.31%
*Investments are subject to market risks
Strength and Weakness of Indian Card Clothing Company Ltd Stock
Strength
Weakness
The company has higher reserves (120.98 cr) compared to borrowings (16.28 cr), indicating strong financial stability.
The company has shown consistent growth in sales (68.81 cr) and profit (18.65 cr) over the years.
The stock has a low average ROCE of -2.76%, which may not be favorable.
The stock has a high average Working Capital Days of 80.30, which may not be favorable.
The stock has a high average Cash Conversion Cycle of 154.30, which may not be favorable.
FAQ
What is the latest fair value of Indian Card Clothing Company Ltd?
The latest fair value of Indian Card Clothing Company Ltd is ₹285.14.
What is the Market Cap of Indian Card Clothing Company Ltd?
The Market Cap of Indian Card Clothing Company Ltd is 164 Cr..
What is the current Stock Price of Indian Card Clothing Company Ltd as on 27 July 2024?
The current stock price of Indian Card Clothing Company Ltd as on 27 July 2024 is 275.
What is the High / Low of Indian Card Clothing Company Ltd stocks in FY 2024?
In FY 2024, the High / Low of Indian Card Clothing Company Ltd stocks is 353/205.
What is the Stock P/E of Indian Card Clothing Company Ltd?
The Stock P/E of Indian Card Clothing Company Ltd is 20.4.
What is the Book Value of Indian Card Clothing Company Ltd?
The Book Value of Indian Card Clothing Company Ltd is 414.
What is the Dividend Yield of Indian Card Clothing Company Ltd?
The Dividend Yield of Indian Card Clothing Company Ltd is 0.00 %.
What is the ROCE of Indian Card Clothing Company Ltd?
The ROCE of Indian Card Clothing Company Ltd is 3.65 %.
What is the ROE of Indian Card Clothing Company Ltd?
The ROE of Indian Card Clothing Company Ltd is 3.31 %.
What is the Face Value of Indian Card Clothing Company Ltd?
The Face Value of Indian Card Clothing Company Ltd is 10.0.
Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Indian Card Clothing Company Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE