Thomas Scott India Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹248.59Fairly Valued by 4.02%vs CMP ₹259.00

P/E (21.6) × ROE (16.4%) × BV (₹86.00) × DY (2.00%)

₹190.10Overvalued by 26.60%vs CMP ₹259.00
MoS: -36.2% (Negative)Confidence: 58/100 (Moderate)Models: 1 Under, 1 Fair, 7 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹399.8323%Under (+54.4%)
Graham NumberEarnings₹154.0917%Over (-40.5%)
Earnings PowerEarnings₹34.6111%Over (-86.6%)
DCFCash Flow₹265.8711%Fair (+2.7%)
Net Asset ValueAssets₹86.567%Over (-66.6%)
EV/EBITDAEnterprise₹96.109%Over (-62.9%)
Earnings YieldEarnings₹122.707%Over (-52.6%)
ROCE CapitalReturns₹129.457%Over (-50%)
Revenue MultipleRevenue₹49.076%Over (-81.1%)
Consensus (9 models)₹190.10100%Overvalued
Key Drivers: EPS CAGR 60.8% lifts DCF — verify sustainability. | Wide model spread (₹35–₹400) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 60.8%

*Investments are subject to market risks

Analyst Summary

Thomas Scott India Ltd operates in the Textiles - Readymade Apparels segment, current market price is ₹259.00, market cap is 380 Cr.. At a glance, stock P/E is 21.6, ROE is 16.4 %, ROCE is 20.4 %, book value is 86.0, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹190.10, around 26.6% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹144 Cr versus the prior period change of 60.0%, while latest net profit is about ₹13 Cr with a prior-period change of 30.0%. The 52-week range shown on this page is 474/230, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisThomas Scott (India) Ltd. is a Public Limited Listed company incorporated on 22/10/2010 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN)…

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

Investment Snapshot

70
Thomas Scott India Ltd scores 70/100 (Strong)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health67/100 · Strong
ROCE 20.4% ExcellentROE 16.4% GoodD/E 1.05 High debtInterest Coverage 0.0x RiskyProfitable 4/5 years Consistent
Smart Money50/100 · Moderate
FII holding stable No changePromoter holding at 52.2% Stable
Earnings Quality55/100 · Moderate
OPM expanding (6% → 14%) ImprovingWorking capital: 234 days Capital intensive
Quarterly Momentum90/100 · Strong
Revenue (4Q): +61% YoY AcceleratingProfit (4Q): +54% YoY Strong
Industry Rank90/100 · Strong
P/E 21.6 vs industry 35.8 Cheaper than peersROCE 20.4% vs industry 11.4% Above peers3Y sales CAGR: 65% High growth

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 26, 2026, 12:25 am

Market Cap 380 Cr.
Current Price 259
Intrinsic Value₹186.69
High / Low 474/230
Stock P/E21.6
Book Value 86.0
Dividend Yield0.00 %
ROCE20.4 %
ROE16.4 %
Face Value 10.0
PEG Ratio0.36

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

View Share Price Target for Thomas Scott India Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Thomas Scott India Ltd 380 Cr. 259 474/23021.6 86.00.00 %20.4 %16.4 % 10.0
Bella Casa Fashion & Retail Ltd 349 Cr. 261 525/22017.5 1180.77 %17.2 %13.5 % 10.0
Gretex Industries Ltd 453 Cr. 292 301/180142 33.60.00 %5.30 %5.57 % 10.0
Active Clothing Co Ltd 216 Cr. 139 161/82.617.9 53.00.00 %11.7 %11.5 % 10.0
Zodiac Clothing Company Ltd 214 Cr. 78.0 125/58.5 71.00.00 %8.18 %16.2 % 10.0
Industry Average4,275.14 Cr1,402.5335.80143.320.26%11.36%15.66%7.21

All Competitor Stocks of Thomas Scott India Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 10.8823.9118.3822.9721.6525.7227.3440.6745.4047.6253.8956.9366.25
Expenses 11.6820.5317.1919.6720.0621.4324.4236.3639.8641.0147.7848.4658.42
Operating Profit -0.803.381.193.301.594.292.924.315.546.616.118.477.83
OPM % -7.35%14.14%6.47%14.37%7.34%16.68%10.68%10.60%12.20%13.88%11.34%14.88%11.82%
Other Income 0.010.010.730.001.680.190.000.520.190.020.010.00-0.10
Interest 0.290.560.530.610.600.060.250.490.550.720.350.560.67
Depreciation 0.170.210.230.240.260.430.530.760.690.230.560.610.69
Profit before tax -1.252.621.162.452.413.992.143.584.495.685.217.306.37
Tax % 3.20%-2.67%0.00%-1.22%0.41%-0.25%34.58%20.67%33.18%26.76%33.40%35.34%21.98%
Net Profit -1.302.681.152.482.404.001.392.833.004.163.474.724.97
EPS in Rs -2.364.221.463.162.844.081.292.512.663.292.373.223.39

Last Updated: March 3, 2026, 2:12 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 4:46 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 4917131720212221326290144225
Expenses 5120151620222321315778125196
Operating Profit -2-3-21-0-1-1115131929
OPM % -4%-20%-14%4%-1%-3%-4%4%4%8%14%13%13%
Other Income 000000000001-0
Interest 0000011101222
Depreciation 0000000001122
Profit before tax -2-3-21-1-1-2-013101625
Tax % 0%0%0%13%25%5%3%38%10%3%-0%19%
Net Profit -2-3-20-1-1-2-013101317
EPS in Rs -5.66-10.00-5.221.42-2.18-3.60-5.69-0.321.144.5310.2310.1112.27
Dividend Payout % 0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172018-20192019-20202020-20212022-20232023-20242024-2025
YoY Net Profit Growth (%)-50.00%33.33%100.00%0.00%-100.00%100.00%200.00%233.33%30.00%
Change in YoY Net Profit Growth (%)0.00%83.33%66.67%-100.00%-100.00%200.00%100.00%33.33%-203.33%

Thomas Scott India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:25%
5 Years:49%
3 Years:71%
TTM:92%
Compounded Profit Growth
10 Years:19%
5 Years:54%
3 Years:176%
TTM:31%
Stock Price CAGR
10 Years:44%
5 Years:132%
3 Years:107%
1 Year:47%
Return on Equity
10 Years:12%
5 Years:20%
3 Years:21%
Last Year:16%

Last Updated: September 5, 2025, 1:46 pm

Balance Sheet

Last Updated: December 10, 2025, 3:33 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 3333333366101315
Reserves 95454311584193112
Borrowings 000245640561327
Other Liabilities 956691115283549122227
Total Liabilities 2114131620232636456869141179
Fixed Assets 000001112481212
CWIP 0000000001001
Investments 0000000000000
Other Assets 2114131620222435436361129167
Total Assets 2114131620232636456869141179

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 1-10-2-20033-18-8-39
Cash from Investing Activity + -0000-0-1-0-0-1-72-6
Cash from Financing Activity + 0002210-3125645
Net Cash Flow 1-100-00-00300-0
Free Cash Flow 1-10-2-2-1-032-22-13-45
CFO/OP -51%29%-1%-288%855%-57%-32%421%245%-394%-66%-202%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-2.00-3.00-2.00-1.00-4.00-6.00-7.00-3.001.000.007.006.00

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 758110517121822124236119415198146
Inventory Days 5415717912410091119197352198172227
Days Payable 711151771671872092905766772196464
Cash Conversion Cycle 5812210712713110371-17-131129206309
Working Capital Days 8018118815512377423654109172234
ROCE %-15%-32%-23%8%-2%-5%-10%7%12%28%31%20%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 64.85%69.64%69.64%64.54%60.13%58.80%57.86%57.85%55.55%52.15%52.15%52.15%
FIIs 0.00%0.00%1.27%1.06%0.70%0.32%0.30%0.58%0.84%0.00%0.02%0.00%
DIIs 0.00%0.00%0.00%0.00%0.61%1.02%0.99%2.02%2.33%1.97%2.46%2.45%
Public 35.13%30.37%29.09%34.40%38.56%39.86%40.86%39.54%41.27%45.88%45.37%45.40%
No. of Shareholders 4,5454,5264,7865,0075,1375,4826,0458,0768,0119,5029,68510,201

Shareholding Pattern Chart

No. of Shareholders

Thomas Scott India 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 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 11.5812.585.221.14-0.34
Diluted EPS (Rs.) 11.5812.585.221.14-0.34
Cash EPS (Rs.) 11.8611.435.581.670.49
Book Value[Excl.RevalReserv]/Share (Rs.) 83.6751.7522.5618.5911.86
Book Value[Incl.RevalReserv]/Share (Rs.) 83.6751.7522.5618.5911.86
Revenue From Operations / Share (Rs.) 127.1793.1798.7858.6163.30
PBDIT / Share (Rs.) 15.8813.247.362.572.63
PBIT / Share (Rs.) 14.1312.046.312.041.80
PBT / Share (Rs.) 12.5410.214.691.26-0.23
Net Profit / Share (Rs.) 10.1110.234.531.14-0.33
PBDIT Margin (%) 12.4814.207.454.384.15
PBIT Margin (%) 11.1112.926.393.482.84
PBT Margin (%) 9.8610.954.742.15-0.37
Net Profit Margin (%) 7.9410.984.581.94-0.53
Return on Networth / Equity (%) 12.0719.7620.076.13-2.84
Return on Capital Employeed (%) 16.4522.5913.1510.8014.80
Return On Assets (%) 9.0814.544.221.38-0.31
Long Term Debt / Equity (X) 0.020.020.030.000.00
Total Debt / Equity (X) 0.120.110.320.001.05
Asset Turnover Ratio (%) 1.531.331.110.780.69
Current Ratio (X) 3.893.581.671.231.07
Quick Ratio (X) 2.031.831.010.700.77
Inventory Turnover Ratio (X) 3.611.501.441.351.44
Interest Coverage Ratio (X) 9.987.204.533.291.29
Interest Coverage Ratio (Post Tax) (X) 7.356.573.792.460.83
Enterprise Value (Cr.) 421.27293.9520.2524.386.07
EV / Net Operating Revenue (X) 2.623.220.320.750.28
EV / EBITDA (X) 20.9522.674.3317.216.81
MarketCap / Net Operating Revenue (X) 2.533.160.350.850.09
Price / BV (X) 3.855.691.572.680.50
Price / Net Operating Revenue (X) 2.533.160.350.850.09
EarningsYield 0.030.030.120.02-0.05

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Thomas Scott (India) Ltd. is a Public Limited Listed company incorporated on 22/10/2010 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L18109MH2010PLC209302 and registration number is 209302. Currently Company is involved in the business activities of Wholesale of textiles, fabrics, yarn, household linen, articles of clothing, floor coverings and tapestry, sports clothes. Company's Total Operating Revenue is Rs. 161.03 Cr. and Equity Capital is Rs. 12.66 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Textiles - Readymade Apparels405-406, Kewal Industrial Estate, Senapati Bapat Marg, Mumbai Maharashtra 400013Contact not found
Management
NamePosition Held
Mr. Brijgopal BangChairman & Managing Director
Mr. Vedant BangManaging Director - E-Comm
Mrs. Vandana BangNon Executive Director
Mrs. Kavita ChhajerIndependent Director
Mrs. Anuradha ParaskarIndependent Director
Mrs. Swati SahukaraIndependent Director

FAQ

What is the intrinsic value of Thomas Scott India Ltd and is it undervalued?

As of 26 April 2026, Thomas Scott India Ltd's intrinsic value is ₹190.10, which is 26.60% lower than the current market price of ₹259.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (16.4 %), book value (₹86.0), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Thomas Scott India Ltd?

Thomas Scott India Ltd is trading at ₹259.00 as of 26 April 2026, with a FY2026-2027 high of ₹474 and low of ₹230. The stock is currently near its 52-week low. Market cap stands at ₹380 Cr..

How does Thomas Scott India Ltd's P/E ratio compare to its industry?

Thomas Scott India Ltd has a P/E ratio of 21.6, which is below the industry average of 35.80. This is broadly in line with or below the industry average.

Is Thomas Scott India Ltd financially healthy?

Key indicators for Thomas Scott India Ltd: ROCE of 20.4 % indicates efficient capital utilization; ROE of 16.4 % shows strong shareholder returns. Dividend yield is 0.00 %.

Is Thomas Scott India Ltd profitable and how is the profit trend?

Thomas Scott India Ltd reported a net profit of ₹13 Cr in Mar 2025 on revenue of ₹144 Cr. Compared to ₹1 Cr in Mar 2022, the net profit shows an improving trend.

Does Thomas Scott India Ltd pay dividends?

Thomas Scott India Ltd has a dividend yield of 0.00 % at the current price of ₹259.00. The company is currently not paying meaningful dividends.

Last Updated: April 26, 2026, 12:25 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 Thomas Scott India 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