Indian Terrain Fashions Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹151.77Undervalued by 400.89%vs CMP ₹30.30

P/E (187.0) × ROE (2.7%) × BV (₹36.30) × DY (2.00%)

₹81.22Undervalued by 168.05%vs CMP ₹30.30
MoS: +62.7% (Strong)Confidence: 44/100 (Low)Models: 3 Under, 1 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹136.3345%Under (+349.9%)
Net Asset ValueAssets₹36.4421%Under (+20.3%)
EV/EBITDAEnterprise₹9.5118%Over (-68.6%)
Revenue MultipleRevenue₹67.5316%Under (+122.9%)
Consensus (4 models)₹81.22100%Undervalued
Key Drivers: P/E of 187 makes PE-ROE unreliable — asset/earnings models are better benchmarks. | ROE 2.7% is below cost of equity.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -10.2%

*Investments are subject to market risks

Analyst Summary

Indian Terrain Fashions Ltd operates in the Textiles - Readymade Apparels segment, current market price is ₹30.30, market cap is 153 Cr.. At a glance, stock P/E is 187, ROE is 2.74 %, ROCE is 8.80 %, book value is 36.3, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹81.22, which is about 168.1% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹341 Cr versus the prior period change of -25.2%, while latest net profit is about ₹-43 Cr with a prior-period change of -186.7%. The 52-week range shown on this page is 42.8/24.4, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisIndian Terrain Fashions Ltd. is a Public Limited Listed company incorporated on 29/09/2009 and has its registered office in the State of Tamil Nadu, India. Company's Corporate Identification Number(CI…

This summary is generated from the stock page data available for Indian Terrain Fashions Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

45
Indian Terrain Fashions Ltd scores 45/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health48/100 · Moderate
ROCE 8.8% AverageROE 2.7% WeakD/E 0.22 Low debtInterest Coverage 0.0x RiskyProfitable 1/5 years Inconsistent
Smart Money50/100 · Moderate
FII holding stable No changePromoter holding at 31.6% Stable
Earnings Quality40/100 · Moderate
OPM contracting (10% → 3%) Declining
Quarterly Momentum60/100 · Moderate
Revenue (4Q): -1% YoY FlatOPM: 11.8% (up 6.6% YoY) Margin expansion
Industry Rank25/100 · Weak
P/E 187.0 vs industry 67.4 Premium to peersROCE 8.8% vs industry 11.2% AverageROE 2.7% vs industry 16.4% Below peers3Y sales CAGR: 0% Slow

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily.

Share Price and Basic Stock Data

Last Updated: August 25, 2026, 7:01 am

Market Cap 153 Cr.
Current Price 30.3
Intrinsic Value₹81.22
High / Low 42.8/24.4
Stock P/E187
Book Value 36.3
Dividend Yield0.00 %
ROCE8.80 %
ROE2.74 %
Face Value 2.00
PEG Ratio-18.38

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Indian Terrain Fashions Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Indian Terrain Fashions Ltd 153 Cr. 30.3 42.8/24.4187 36.30.00 %8.80 %2.74 % 2.00
Active Clothing Co Ltd 182 Cr. 117 156/86.017.9 59.90.00 %10.6 %11.8 % 10.0
VIP Clothing Ltd 187 Cr. 20.8 41.6/14.019.7 21.60.00 %8.02 %5.18 % 2.00
Lovable Lingerie Ltd 107 Cr. 72.4 105/54.813.7 1220.00 %0.57 %4.45 % 10.0
Zodiac Clothing Company Ltd 202 Cr. 73.7 119/58.5 66.30.00 %8.03 %18.1 % 10.0
Industry Average4,516.80 Cr1,332.5367.39148.130.24%11.23%16.43%7.21

All Competitor Stocks of Indian Terrain Fashions Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 121.86125.9392.28140.36109.21114.1668.3685.8396.8889.5368.78100.96101.40
Expenses 109.94112.5186.53129.83104.65104.9479.8489.6191.8786.1567.7792.4589.43
Operating Profit 11.9213.425.7510.534.569.22-11.48-3.785.013.381.018.5111.97
OPM % 9.78%10.66%6.23%7.50%4.18%8.08%-16.79%-4.40%5.17%3.78%1.47%8.43%11.80%
Other Income 0.93-4.380.681.041.111.101.031.580.921.231.260.880.20
Interest 4.816.515.045.585.805.455.585.505.474.414.484.654.69
Depreciation 5.525.655.405.215.086.604.884.714.314.043.833.593.42
Profit before tax 2.52-3.12-4.010.78-5.21-1.73-20.91-12.41-3.85-3.84-6.041.154.06
Tax % 12.70%95.51%-30.17%1,157.69%-24.76%-101.73%-26.97%75.50%-10.65%-43.49%2.48%133.04%36.95%
Net Profit 2.20-6.10-2.80-8.25-3.920.03-15.27-21.78-3.44-2.17-6.19-0.382.56
EPS in Rs 0.50-1.38-0.63-1.86-0.890.01-3.45-4.92-0.75-0.47-1.22-0.070.51

Last Updated: February 5, 2026, 1:38 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 24, 2026, 12:46 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 232290325326401422370213336501456341361
Expenses 208257284286354372342232309448426344336
Operating Profit 24344140485128-19275330-325
OPM % 10%12%13%12%12%12%8%-9%8%11%7%-1%7%
Other Income 0155234117-0454
Interest 109797821241919222518
Depreciation 23234623232323221815
Profit before tax 122337333940-12-54-810-10-41-5
Tax % 21%21%11%31%35%35%-10%-43%-72%32%47%4%
Net Profit 101833232526-10-31-27-15-43-6
EPS in Rs 3.475.018.996.026.716.78-2.73-7.48-0.541.60-3.37-9.33-1.25
Dividend Payout % 0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)80.00%83.33%-30.30%8.70%4.00%-138.46%-210.00%93.55%450.00%-314.29%-186.67%
Change in YoY Net Profit Growth (%)0.00%3.33%-113.64%39.00%-4.70%-142.46%-71.54%303.55%356.45%-764.29%127.62%

Indian Terrain Fashions Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:2%
5 Years:-2%
3 Years:0%
TTM:-21%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-23%
Stock Price CAGR
10 Years:-12%
5 Years:0%
3 Years:-20%
1 Year:-43%
Return on Equity
10 Years:0%
5 Years:-8%
3 Years:-8%
Last Year:-22%

Last Updated: September 5, 2025, 7:20 am

Balance Sheet

Last Updated: July 2, 2026, 5:00 am

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital 7788888899910
Reserves 119154171196222209190188203188174174
Borrowings 3945443733123114109109143117102
Other Liabilities 506478136155164153167225182142153
Total Liabilities 216270301377418503466473546522442439
Fixed Assets 7273549531281119473624329
CWIP 002000000000
Investments 590003021221917908
Other Assets 150243264328335354333360457452399402
Total Assets 216270301377418503466473546522442439

Reserves and Borrowings Chart

Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity + 12231219514142210-141919
Cash from Investing Activity + -5941-8-17-3745318118-7
Cash from Financing Activity + 47-0-7-14-12-22-20-23-313-15-25
Net Cash Flow 164-3-12-45-4-13-3-013-13
Free Cash Flow 111-12-57192224-141618
CFO/OP 48%72%58%56%15%96%-76%84%18%-44%-659%55%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow24.00-5.00-4.00-4.0011.0018.00-95.00-133.00-82.00-56.00-113.00-120.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 121120132122162207248388243188222254
Inventory Days 17510811515913699121163143151123123
Days Payable 6669101103141126166242174195169143
Cash Conversion Cycle 230159146179157180203309212144176233
Working Capital Days 606682871011271401911179296118
ROCE %24%24%21%17%19%18%3%-10%3%11%3%-6%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters 34.24%34.24%34.24%34.24%34.24%34.96%34.97%31.55%31.55%31.55%31.55%31.55%
FIIs 6.05%6.39%6.57%6.00%5.99%5.81%5.67%5.13%5.12%5.07%5.07%5.07%
DIIs 0.00%0.00%0.00%0.00%0.00%0.00%0.06%0.05%0.05%0.04%0.04%0.29%
Public 59.72%59.38%59.19%59.77%59.77%59.21%59.30%63.27%63.28%63.35%63.35%63.09%
No. of Shareholders 21,90320,68720,96920,34923,16323,15622,87822,41122,14021,73421,31020,905

Shareholding Pattern Chart

No. of Shareholders

Indian Terrain Fashions Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 2.002.002.002.002.00
Basic EPS (Rs.) -9.48-3.371.62-0.54-7.90
Diluted EPS (Rs.) -9.48-3.371.62-0.54-7.90
Cash EPS (Rs.) -5.411.666.745.09-1.81
Book Value[Excl.RevalReserv]/Share (Rs.) 40.0044.4447.7547.8248.29
Book Value[Incl.RevalReserv]/Share (Rs.) 40.0044.4447.7547.8248.29
Revenue From Operations / Share (Rs.) 74.53102.94113.0581.8251.87
PBDIT / Share (Rs.) -0.467.6713.798.32-1.77
PBIT / Share (Rs.) -4.392.648.652.69-7.45
PBT / Share (Rs.) -8.97-2.292.37-1.88-13.20
Net Profit / Share (Rs.) -9.33-3.371.60-0.53-7.48
PBDIT Margin (%) -0.617.4512.1910.16-3.41
PBIT Margin (%) -5.882.567.653.28-14.35
PBT Margin (%) -12.04-2.222.09-2.29-25.44
Net Profit Margin (%) -12.52-3.271.41-0.65-14.42
Return on Networth / Equity (%) -23.33-7.583.35-1.11-15.49
Return on Capital Employeed (%) -8.734.5713.784.12-10.84
Return On Assets (%) -9.64-2.851.29-0.46-6.60
Long Term Debt / Equity (X) 0.010.010.020.040.04
Total Debt / Equity (X) 0.470.470.240.250.22
Asset Turnover Ratio (%) 0.700.850.980.710.44
Current Ratio (X) 1.721.591.611.641.73
Quick Ratio (X) 1.391.231.141.231.39
Inventory Turnover Ratio (X) 4.050.000.000.000.00
Interest Coverage Ratio (X) -0.101.552.791.82-0.30
Interest Coverage Ratio (Post Tax) (X) -1.040.311.590.88-0.30
Enterprise Value (Cr.) 183.12379.82229.48243.94168.32
EV / Net Operating Revenue (X) 0.530.830.450.720.78
EV / EBITDA (X) -86.7911.173.767.14-23.12
MarketCap / Net Operating Revenue (X) 0.410.690.390.580.58
Price / BV (X) 0.761.600.941.010.62
Price / Net Operating Revenue (X) 0.410.690.390.580.58
EarningsYield -0.30-0.040.03-0.01-0.24

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

[display_about_company_data title=”About the Company – Qualitative Analysis”]

FAQ

What is the intrinsic value of Indian Terrain Fashions Ltd and is it undervalued?

As of 08 September 2026, Indian Terrain Fashions Ltd's intrinsic value is ₹81.22, which is 168.05% higher than the current market price of ₹30.30, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (2.74 %), book value (₹36.3), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Indian Terrain Fashions Ltd?

Indian Terrain Fashions Ltd is trading at ₹30.30 as of 08 September 2026, with a FY2026-2027 high of ₹42.8 and low of ₹24.4. The stock is currently in the middle of its 52-week range. Market cap stands at ₹153 Cr..

How does Indian Terrain Fashions Ltd's P/E ratio compare to its industry?

Indian Terrain Fashions Ltd has a P/E ratio of 187, which is above the industry average of 67.39. This significantly elevated P/E suggests the market expects strong future growth, or the stock may be overpriced relative to current earnings.

Is Indian Terrain Fashions Ltd financially healthy?

Key indicators for Indian Terrain Fashions Ltd: ROCE of 8.80 % is on the lower side compared to the industry average of 11.23%; ROE of 2.74 % is below ideal levels (industry average: 16.43%). Dividend yield is 0.00 %.

Is Indian Terrain Fashions Ltd profitable and how is the profit trend?

Indian Terrain Fashions Ltd reported a net profit of ₹-43 Cr in Mar 2025 on revenue of ₹341 Cr. Compared to ₹-2 Cr in Mar 2022, the net profit shows a mixed trend.

Does Indian Terrain Fashions Ltd pay dividends?

Indian Terrain Fashions Ltd has a dividend yield of 0.00 % at the current price of ₹30.30. The company is currently not paying meaningful dividends.

Last Updated: August 25, 2026, 7:01 am
Author: Getaka|Social: XLinkedIn
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 Terrain Fashions 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