Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Thomas Scott India Ltd

About the Company - Thomas Scott India Ltd

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. 32.32 Cr. and Equity Capital is Rs. 5.51 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - Readymade Apparels50, Kewal Industrial Estate, Mumbai Maharashtra 400013investor.tsil@banggroup.com
http://www.thomasscott.org
Management
NamePosition Held
Mr. Brijgopal BangManaging Director
Mr. Vedant BangWhole Time Director
Mrs. Swati SahukaraIndependent Director
Mrs. Anuradha ParaskarIndependent Director
Mr. Subrata Kumar DeyIndependent Director

Thomas Scott (India) Ltd. Share Price Update

Share PriceValue
Today₹310.70
Previous Day₹317.00

Basic Stock Data of Thomas Scott India Ltd

Market Cap 249 Cr.
Current Price 317
High / Low324/32.4
Stock P/E28.5
Book Value 25.6
Dividend Yield0.00 %
ROCE30.4 %
ROE26.5 %
Face Value 10.0

Data Source: screener.in

Competitors of Thomas Scott India Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Swan Energy Ltd 19,104 Cr. 724764/19368.9 95.80.01 %2.19 %3.53 % 1.00
Visagar Polytex Ltd 41.9 Cr. 1.432.12/0.68 0.550.00 %2.69 %7.86 % 1.00
Monte Carlo Fashions Ltd 1,390 Cr. 671918/53013.9 3562.96 %20.4 %18.1 % 10.0
Globe Textiles (India) Ltd 62.0 Cr. 4.106.00/2.1011.9 3.790.00 %11.4 %8.58 % 2.00
Pearl Global Industries Ltd 2,856 Cr. 656735/18818.3 1681.33 %19.2 %21.1 % 5.00
Industry Average25.18 Cr411.3122.6124.830.86%11.18%11.83%3.8

Thomas Scott India Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales0.977.1913.245.269.467.909.7012.8915.1110.8823.9118.3821.99
Expenses1.326.9012.304.539.357.679.4811.9613.9611.6820.5317.1919.68
Operating Profit-0.350.290.940.730.110.230.220.931.15-0.803.381.192.31
OPM %-36.08%4.03%7.10%13.88%1.16%2.91%2.27%7.21%7.61%-7.35%14.14%6.47%10.50%
Other Income0.000.000.090.000.100.030.010.000.000.010.010.730.99
Interest0.200.150.130.150.120.070.100.070.100.290.560.530.61
Depreciation0.070.070.080.070.080.080.070.120.160.170.210.230.24
Profit before tax-0.620.070.820.510.010.110.060.740.89-1.252.621.162.45
Tax %-8.06%-71.43%6.10%11.76%-600.00%-18.18%133.33%4.05%10.11%-3.20%-2.67%0.00%-1.22%
Net Profit-0.670.120.770.450.070.13-0.020.710.79-1.302.681.152.48
EPS in Rs-1.980.352.271.330.210.38-0.041.291.43-2.364.221.463.16

Thomas Scott India Ltd Quarterly Chart

Thomas Scott India Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales14.6321.0249.2817.1012.9816.9620.0121.4721.6921.3732.0362.1275.16
Expenses22.7523.4251.1020.4814.8616.3120.2122.0122.5120.5730.7557.4569.08
Operating Profit-8.12-2.40-1.82-3.38-1.880.65-0.20-0.54-0.820.801.284.676.08
OPM %-55.50%-11.42%-3.69%-19.77%-14.48%3.83%-1.00%-2.52%-3.78%3.74%4.00%7.52%8.09%
Other Income-0.760.320.010.100.150.040.020.000.000.090.140.011.74
Interest0.190.020.030.010.000.120.400.570.790.690.431.031.99
Depreciation0.480.110.080.090.040.020.020.050.280.280.290.670.85
Profit before tax-9.55-2.21-1.92-3.38-1.770.55-0.60-1.16-1.89-0.080.702.984.98
Tax %0.00%0.00%0.00%0.00%0.00%12.73%-25.00%-5.17%-2.65%-37.50%10.00%3.36%
Net Profit-9.54-2.20-1.92-3.39-1.770.48-0.74-1.22-1.93-0.110.632.885.01
EPS in Rs-28.14-6.49-5.66-10.00-5.221.42-2.18-3.60-5.69-0.321.144.536.48
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Thomas Scott India Ltd Profit & Loss Yearly Chart

YoY Net Profit Growth
Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)76.94%12.73%-76.56%47.79%127.12%-254.17%-64.86%-58.20%94.30%672.73%357.14%
Change in YoY Net Profit Growth (%)0.00%-64.21%-89.29%124.35%79.33%-381.29%189.30%6.67%152.50%578.43%-315.58%

Active Clothing Co Ltd Growth

Compounded Sales Growth
10 Years:11%
5 Years:25%
3 Years:42%
TTM:77%
Compounded Profit Growth
10 Years:13%
5 Years:43%
3 Years:52%
TTM:4739%
Stock Price CAGR
10 Years:45%
5 Years:114%
3 Years:259%
1 Year:615%
Return on Equity
10 Years:-9%
5 Years:1%
3 Years:16%
Last Year:27%

Thomas Scott India Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital3.393.393.393.393.393.393.393.393.393.395.516.367.85
Reserves12.8010.598.675.293.514.623.882.660.730.633.176.8212.25
Borrowings0.590.000.000.000.002.064.015.386.334.200.034.597.43
Other Liabilities1.158.309.045.305.916.188.9411.2215.1028.2136.7450.3337.16
Total Liabilities17.9322.2821.1013.9812.8116.2520.2222.6525.5536.4345.4568.1064.69
Fixed Assets0.650.350.200.110.070.050.091.101.301.451.954.173.90
CWIP0.070.000.000.000.000.000.000.000.000.000.340.642.01
Investments0.000.000.000.000.000.000.000.000.000.000.000.000.00
Other Assets17.2121.9320.9013.8712.7416.2020.1321.5524.2534.9843.1663.2958.78
Total Assets17.9322.2821.1013.9812.8116.2520.2222.6525.5536.4345.4568.1064.69

Thomas Scott India Ltd Reserves and Borrowings Chart

Thomas Scott India Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 2.02-0.040.92-0.980.02-1.87-1.710.310.263.373.13-18.42
Cash from Investing Activity 0.120.00-0.060.000.000.02-0.04-1.06-0.48-0.43-1.13-3.18
Cash from Financing Activity -0.13-0.590.000.000.001.941.550.800.16-2.811.0025.23
Net Cash Flow2.01-0.630.86-0.980.020.09-0.200.06-0.050.123.003.63

Thomas Scott India Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days128.98156.1174.9680.90105.17170.88218.16220.84241.65361.41193.61150.54
Inventory Days226.61173.9853.93156.53178.55123.7799.6691.30119.00197.41351.97250.43
Days Payable16.07144.8170.99115.19177.03167.41186.63209.11290.01575.98676.91277.50
Cash Conversion Cycle339.53185.2857.90122.23106.69127.24131.20103.0270.64-17.16-131.33123.47
Working Capital Days367.74231.6479.55180.58188.41199.07196.45168.47148.59108.1254.36133.26
ROCE %-101.01%-13.00%-14.52%-32.50%-22.72%7.90%-1.87%-5.20%-10.05%6.53%13.11%30.44%

Thomas Scott India Ltd Financial Efficiency Indicators Chart

Thomas Scott India Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters68.03%68.03%68.03%68.03%60.92%60.94%61.05%61.06%64.85%69.64%69.64%64.54%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.27%1.06%
Public31.97%31.97%31.97%31.97%39.08%39.06%38.94%38.94%35.13%30.37%29.09%34.40%
No. of Shareholders4,3364,3514,3044,9864,7654,6994,7244,6334,5454,5264,7865,007

Thomas Scott India Ltd Shareholding Pattern Chart

No. of Thomas Scott India Ltd Shareholders

This stock is not held by any mutual fund

Thomas Scott India Ltd ROCE Trend

Thomas Scott India Ltd EPS Trend

Thomas Scott India Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)5.221.14-0.34-5.71-3.59
Diluted EPS (Rs.)5.221.14-0.34-5.71-3.59
Cash EPS (Rs.)5.581.670.49-4.89-3.45
Book Value[Excl.RevalReserv]/Share (Rs.)22.5618.5911.8612.1617.86
Book Value[Incl.RevalReserv]/Share (Rs.)22.5618.5911.8612.1617.86
Revenue From Operations / Share (Rs.)98.7858.6163.3064.1763.77
PBDIT / Share (Rs.)7.362.572.63-2.42-1.60
PBIT / Share (Rs.)6.312.041.80-3.24-1.73
PBT / Share (Rs.)4.691.26-0.23-5.57-3.41
Net Profit / Share (Rs.)4.531.14-0.33-5.71-3.59
PBDIT Margin (%)7.454.384.15-3.77-2.50
PBIT Margin (%)6.393.482.84-5.05-2.71
PBT Margin (%)4.742.15-0.37-8.67-5.34
Net Profit Margin (%)4.581.94-0.53-8.89-5.62
Return on Networth / Equity (%)20.076.13-2.84-46.93-20.09
Return on Capital Employeed (%)13.1510.8014.80-26.11-9.58
Return On Assets (%)4.221.38-0.31-7.57-5.37
Long Term Debt / Equity (X)0.030.000.000.000.00
Total Debt / Equity (X)0.320.001.051.540.88
Asset Turnover Ratio (%)1.110.780.690.901.01
Current Ratio (X)1.671.231.071.121.28
Quick Ratio (X)1.010.700.770.830.98
Inventory Turnover Ratio (X)1.441.351.440.630.08
Interest Coverage Ratio (X)4.533.291.29-1.04-0.95
Interest Coverage Ratio (Post Tax) (X)3.792.460.83-1.45-1.14
Enterprise Value (Cr.)20.2524.386.077.798.34
EV / Net Operating Revenue (X)0.320.750.280.350.38
EV / EBITDA (X)4.3317.216.81-9.48-15.43
MarketCap / Net Operating Revenue (X)0.350.850.090.060.14
Price / BV (X)1.572.680.500.360.50
Price / Net Operating Revenue (X)0.350.850.090.060.14
EarningsYield0.120.02-0.05-1.28-0.39

Thomas Scott India Ltd Profitability Ratios (%)

Thomas Scott India Ltd Liquidity Ratios

Thomas Scott India Ltd Liquidity Ratios (%)

Thomas Scott India Ltd Interest Coverage Ratios (X)

Thomas Scott India Ltd Valuation Ratios

Fair Value / Intrinsic Value of Thomas Scott India Ltd

Fair Value: ₹197.21

The stock is overvalued by 37.79% compared to the current price ₹317

*Investments are subject to market risks

Strength and Weakness of Thomas Scott India Ltd

StrengthWeakness
  1. The company has higher reserves (5.82 cr) compared to borrowings (2.66 cr), indicating strong financial stability.
  1. The stock is trading at a high valuation with an average P/B ratio of 1.04 and average Dividend Yield of -1.50%.
  2. The stock has a low average ROCE of -11.91%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 171.35, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 101.56, which may not be favorable.
  5. The company has not shown consistent growth in sales (29.68) and profit (-1.03).

Should I Buy Thomas Scott India Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Thomas Scott India Ltd:
    1. Net Profit Margin: 4.58%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 13.15% (Industry Average ROCE: 18.43%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. Interest Coverage Ratio (Post Tax): 3.79
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    4. Quick Ratio: 1.01
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    5. ✗ Stock P/E: 26.4 (Industry average Stock P/E: 16.18)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    6. ✓ Total Debt / Equity: 0.32
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

About the Author

Author Avatar
Getaka

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 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