On 6 Nov 2026, Indian Card Clothing Company was priced at ₹187.87, or 18.6× trailing earnings, against an industry P/E of 17.0×, and the shares are 32% below their 52-week high. Sales fell 12% a year over 3 years while net profit grew 0.5%; its ROCE of 1.7% is the lowest among the 7 largest Textile Manufacturing peers, though net profit is above operating profit, which points to a one-off gain. It carries very little debt. It is a small-cap company with a market cap of ₹112 Cr, ranked 113th of 246 Textile Manufacturing companies by market cap; the shares fell 25% over the past year.
- ₹189.00
- ₹193.00
- ₹186.00
- ₹189.59
- 191
Health check
- ReturnsBehind
−25.3% over a year, better than 0 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthSlow
Sales −12.2%, profit +0.5% a year over 3 years.
- ProfitabilityWeak
ROCE 1.7% vs peer median 10.7%.
- Balance sheetFair
Practically debt-free, Piotroski 5 of 9.
- Red flags4 to check
Return on equity is low at 1.4%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹112 Cr
- Small cap
- P/E
- 18.6
- Industry 17.0
- Price to book
- 0.32
- Peers 3.81
- Dividend yield
- 0.00%
- ROE
- 1.4%
- Peers 10.1%
- ROCE
- 1.7%
- Peers 10.7%
- Debt to equity
- 0.03
- Debt ₹10 Cr
- EPS (TTM)
- ₹10.08
- Face value ₹10
- OPM (TTM)
- −32.3%
- Net margin 12.7%
- Sales growth
- +1.3%
- Latest quarter vs a year ago
- Profit growth
- +98.9%
- Latest quarter vs a year ago
- Price to sales
- 2.92
- EV/EBITDA −0.3
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly profit up 98.9% on a year ago.
Risks to check
- Return on equity is low at 1.4%.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- 32% below its 52-week high.
- Interest coverage of only −11.5×.
About Indian Card Clothing Company
The Indian Card Clothing Company Limited manufactures and sells card clothing in India. It operates through Card Clothing and Realty segments. The company's products include cotton and synthetic products, such as cylinder wires, doffer wires, lickerin wires, and flat tops; metallic wires for non-woven cards; woolen, sundry, and fancy fillets; and rasing fillets and brush sheets for various fibres, rasing fillets, humbugs, and hand cleaning cards. It also…
- Headquarters
- Pune
- Employees
- 202
- Sector
- Consumer Cyclical
- ISIN
- INE061A01014
- Website
- cardindia.com
Price range
- Avg volume (3M)
- 2.2K
- 1-year return
- minus 25.3%
- From 52-week high
- minus 32.5%
Peers · Textile Manufacturing
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KPRMILLK.P.R. Mill | 1,164.40 | minus 0.25% | 39,883 | 38.3 | 6.41 | 20.0% | 18.0% | 22.1% | 2.3% | 2.1% | 0.43% | plus 10.5% |
| WELSPUNLIVWelspun Living | 241.30 | minus 4.75% | 22,717 | 52.8 | 4.47 | 5.8% | 8.8% | 28.7% | 5.7% | 0.9% | 0.04% | plus 96.2% |
| VTLVardhman Textiles | 508.80 | minus 4.89% | 14,729 | 14.3 | 1.38 | 8.6% | 7.3% | 13.7% | −0.8% | −2.1% | 0.98% | plus 22.2% |
| ARVINDArvind | 494.75 | minus 0.58% | 12,969 | 28.4 | 3.10 | 15.4% | 11.1% | 10.9% | 3.4% | 0.8% | 0.91% | plus 57.3% |
| TRIDENTTrident | 23.88 | plus 0.08% | 12,168 | 25.4 | 2.53 | 10.7% | 10.1% | 14.9% | 1.8% | −5.1% | 2.09% | minus 16.6% |
| ICILIndo Count Industries | 489.85 | minus 2.25% | 9,702 | 39.8 | 3.81 | 9.5% | 5.5% | 9.7% | 11.6% | −22.9% | 0.31% | plus 78.7% |
| GARFIBRESGarware Technical Fibres | 715.65 | minus 2.13% | 6,988 | 29.8 | 4.97 | 19.3% | 15.3% | 19.2% | 5.6% | 4.9% | 1.26% | minus 3.9% |
| INDIANCARDIndian Card Clothing Company | 187.87 | minus 0.91% | 112 | 18.6 | 0.32 | 1.7% | 1.1% | −32.3% | −12.2% | 0.5% | 0.00% | minus 25.3% |
| Median of 7 peers | – | −2.13% | 12,969 | 29.8 | 3.81 | 10.7% | 10.1% | 14.9% | 3.4% | 0.8% | 0.91% | 22.2% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 9.7 | 10.7 | 10.4 | 11.2 | 9.8 | |
| 12.5 | 14.1 | 13.7 | 15.2 | 12.8 | |
| −2.9 | −3.3 | −3.3 | −3.9 | −3 | |
| −29.6% | −31.2% | −31.9% | −34.9% | −31.0% | |
| 7.2 | 11.4 | 4.1 | 2.3 | 10.1 | |
| 0.3 | 0.3 | 0.2 | 0.2 | 0.4 | |
| 1.1 | 1.2 | 1.2 | 1.2 | 1 | |
| – | – | – | −0.9 | – | |
| 2.9 | 6.6 | −0.7 | −3.9 | 5.6 | |
| 20.1% | 18.3% | 9.3% | 12.3% | 18.9% | |
| 2.3 | 5.4 | −0.6 | −3.4 | 4.6 | |
| 3.86 | 9.11 | -1.02 | -5.69 | 7.68 |
Profit & loss
- Sales CAGR 3Y
- −12.2%
- Profit CAGR 3Y
- +0.5%
- EPS CAGR 3Y
- +0.5%
- ROE
- 1.4%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 59.8 | 46.9 | 39.7 | 40.5 | |
| – | minus 21.6% | minus 15.3% | +2.0% | |
| 63 | 58.5 | 54.7 | 51.6 | |
| −3.2 | −11.6 | −15 | −11.1 | |
| −5.4% | −24.7% | −37.8% | −27.4% | |
| 8.6 | 10.2 | 7.2 | 6.8 | |
| 1.6 | 1.8 | 2.3 | 1 | |
| 5 | 4.9 | 4.9 | 4.7 | |
| 5.2 | 15.6 | 115 | 14.9 | |
| 3.9 | 7.5 | 99.9 | 5 | |
| 4.9% | −6.8% | 8.0% | 25.3% | |
| 3.7 | 8 | 91.9 | 3.7 | |
| – | +117.5% | +1053.3% | minus 96.0% | |
| 6.16 | 13.41 | 154.63 | 6.26 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 5.9 | 5.9 | 5.9 | 5.9 | |
| 233 | 240 | 332 | 337 | |
| 20.9 | 25 | 16.9 | 3.2 | |
| 22 | 20.9 | 21.4 | 20.4 | |
| 281 | 292 | 377 | 367 | |
| 28.3 | 29.2 | 41 | 40.4 | |
| 3.2 | 0.7 | 14.2 | 14.8 | |
| 81.5 | 155 | 212 | 188 | |
| 112 | 51.4 | 78.5 | 89.3 | |
| 55.9 | 55.7 | 30.5 | 33.6 | |
| 281 | 292 | 377 | 367 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3 | 1.5 | −17.3 | −15.9 | |
| −121 | −20.8 | 57.5 | −3.5 | |
| −30.8 | −2.1 | −11.8 | −14.5 | |
| −149 | −21.3 | 28.3 | −33.9 | |
| −5.8 | −5.7 | −15.8 | −3.9 | |
| −2.8 | −4.2 | −33.1 | −19.8 | |
| −29.5 | −0.2 | −0 | −0 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.