| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 9.8 | 9.7 | +1.3% |
| EBITDA | −3.0 | −2.9 | — |
| EBITDA margin | −31.0% | −29.6% | −1.4 pts |
| Profit before tax | 5.6 | 2.9 | +96.0% |
| Net profit | 4.6 | 2.3 | +98.9% |
| EPS | ₹7.68 | ₹3.86 | +99.0% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 114 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 89.3 | 89.3 | 78.1 | 40.7 | 102 | ||
| 0.0 | 0.0 | 13.0 | 21.1 | 20.9 | ||
| 24.6 | — | — | — | — | ||
| 42.2 | 42.0 | 42.0 | 55.5 | 66.1 | ||
| — | −0.0% | −24.2% | −16.1% | — | ||
| −13.6 | −10.4 | −13.6 | −5.3 | 1.1 | ||
| −32.3% | −24.7% | −32.3% | −9.6% | 1.7% | ||
| −18.3 | −15.1 | −18.5 | −10.3 | −3.8 | ||
| 6.0 | 3.7 | 91.9 | 8.0 | 3.7 | ||
| 14.2% | 8.9% | 218.6% | 14.4% | 5.7% | ||
| ₹10.73 | ₹7.95 | ₹154.86 | ₹13.41 | ₹6.16 | ||
| — | −94.9% | +1,055.0% | +117.5% | — | ||
| — | −15.9 | −17.3 | 1.5 | 3.0 | ||
| — | −3.9 | −15.8 | −5.7 | −5.8 | ||
| −19.8 | −19.8 | −33.1 | −4.2 | −2.8 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 113.9 | |
| - Cash, Equiv & ST Investments | 102.2 | 40.7 | 78.1 | 89.3 | 89.3 | |
| + Total Debt | 20.9 | 21.1 | 13.0 | 0.0 | 0.0 | |
| Enterprise Value | — | — | — | — | 24.6 | |
| Revenue | 66.1 | 55.5 | 42.0 | 42.0 | 42.2 | |
| Growth %, YoY | — | -16.1 | -24.2 | -0.0 | — | |
| EBITDA | 1.1 | -5.3 | -13.6 | -10.4 | -13.6 | |
| Margin % | 1.70 | -9.58 | -32.33 | -24.71 | -32.33 | |
| EBIT | -3.8 | -10.3 | -18.5 | -15.1 | -18.3 | |
| Net Income | 3.7 | 8.0 | 91.9 | 3.7 | 6.0 | |
| Margin % | 5.67 | 14.36 | 218.58 | 8.85 | 14.21 | |
| EPS, Adj (current shares) | 6.16 | 13.41 | 154.86 | 7.95 | 10.73 | |
| Growth %, YoY | — | +117.5 | +1,055.0 | -94.9 | — | |
| Cash from Operations | 3.0 | 1.5 | -17.3 | -15.9 | — | |
| Capital Expenditures | -5.8 | -5.7 | -15.8 | -3.9 | — | |
| Free Cash Flow | -2.8 | -4.2 | -33.1 | -19.8 | -19.8 | |
Prices at the previous close · figures from the company's filings with NSE
Indian Card Clothing (NSE: INDIANCARD) had a market capitalisation of ₹114 crore at the previous close (₹191.78 a share), a PE ratio of 17.9 on the last four quarters' profit and a price-to-book ratio of 0.33. In FY26 its consolidated net profit was ₹4.7 crore on revenue of ₹42 crore; in Q1 FY27 (April–June 2026) it was ₹4.5 crore, up 96.6% year on year. Its debt-to-equity ratio was 0.00 on 31 March 2026. Promoters held 67.33% of the shares on 30 September 2026.
Indian Card Clothing's PE ratio is 17.9 at the previous close (₹191.78 a share): a market capitalisation of ₹114 crore divided by consolidated net profit of ₹6.4 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹4.7 crore) it is 24.1.
Indian Card Clothing's price-to-book (PB) ratio is 0.33 at the previous close: a market capitalisation of ₹114 crore divided by shareholders' equity (book value) of ₹343 crore on 31 March 2026. That is a book value of ₹577.30 per share against a share price of ₹191.78.
Indian Card Clothing's book value per share was ₹577.30 on 31 March 2026: shareholders' equity of ₹343 crore divided by the 59.41 lakh shares in issue, up 1.4% from ₹569.35 a year earlier. The share price at the previous close was ₹191.78.
Indian Card Clothing's market capitalisation was ₹114 crore at the previous close: 59.41 lakh shares at ₹191.78 each.
No. Indian Card Clothing had borrowings of ₹2.9 lakh on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.00. Its cash and current investments were ₹89.5 crore, so it held net cash of ₹89.5 crore.
Indian Card Clothing's basic earnings per share (EPS) were ₹6.26 in FY26, against ₹154.63 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹10.08.
Indian Card Clothing's debt-to-equity ratio was 0.00 on 31 March 2026: borrowings of ₹2.9 lakh against total equity of ₹343 crore. A year earlier, on 31 March 2025, it was 0.04.
Indian Card Clothing's net worth — shareholders' equity in its consolidated balance sheet — was ₹343 crore on 31 March 2026, up 1.4% from ₹338 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹114 crore at the previous close.
Promoters held 67.33% of Indian Card Clothing on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Indian Card Clothing's return on equity (ROE) was 1.4% and its return on capital employed (ROCE) was −4.3%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 31.5% and ROCE −6.0%.
On 30 September 2026, Indian Card Clothing's shares were held by promoters 67.33%, foreign portfolio investors (FII/FPI) 0.03%, domestic institutions (DII) 0.03% and retail and other non-institutional investors 32.61%. Over the year, FII holding was up 0.02 percentage points from 0.01% and DII holding was unchanged.
In FY26, Indian Card Clothing generated ₹15.9 crore of cash from operations and spent ₹3.9 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹19.8 crore. In FY25 it was −₹33.1 crore.
Indian Card Clothing's latest results are for Q1 FY27 (April–June 2026), filed on 14 August 2026: consolidated net profit ₹4.5 crore, up 96.6% from ₹2.3 crore in Q1 FY26; revenue from operations ₹9.8 crore, up 1.3% year on year.
In FY26 (April 2025–March 2026), Indian Card Clothing's consolidated net profit was ₹4.7 crore, down 94.9% from ₹92 crore in FY25, on revenue from operations of ₹42 crore (unchanged). Over three years, from FY23, net profit was up 28.9%.
In FY26, Indian Card Clothing earned net profit of ₹4.7 crore on revenue of ₹42 crore, against ₹2.4 crore on ₹657 crore for BSL. Indian Card Clothing's operating margin was −36.0% (BSL 4.9%) and its return on equity 1.4% (BSL 2.0%).
Indian Card Clothing will announce its Q2 FY27 results (July–September 2026) on Tuesday, 3 November 2026, the date of the board meeting it has notified to the exchanges.
On FY26 consolidated figures, against BSL, Weizmann and Salona Cotspin: Indian Card Clothing's operating margin of −36.0% is the lowest of the four (BSL 4.9%, Weizmann 7.7%, Salona Cotspin 4.1%; peer average 5.6%); its return on equity of 1.4% is the lowest of the four (BSL 2.0%, Weizmann 9.3%, Salona Cotspin 1.9%; peer average 4.4%); its revenue growth over three years of −14.0% a year is the lowest of the four (BSL 11.7% a year, Weizmann −2.1% a year, Salona Cotspin 6.8% a year; peer average 5.5% a year).
From Indian Card Clothing's own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.