Indian Card Clothing Company Ltd
Incorporated in1975, Indian Card Clothing Company is in the business of card clothing and real estate[1]
- Market Cap ₹ 168 Cr.
- Current Price ₹ 282
- High / Low ₹ 353 / 205
- Stock P/E 18.2
- Book Value ₹ 414
- Dividend Yield 0.00 %
- ROCE 1.22 %
- ROE 1.44 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.66 times its book value
- Company has delivered good profit growth of 21.8% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 138%
Cons
- The company has delivered a poor sales growth of -1.56% over past five years.
- Company has a low return on equity of 0.29% over last 3 years.
- Earnings include an other income of Rs.18.9 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Textiles Industry: Textile Machinery
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
82.28 | 74.28 | 74.04 | 85.09 | 79.13 | 64.53 | 71.52 | 57.61 | 61.31 | 53.98 | 66.51 | 66.11 | 58.19 | |
65.23 | 64.75 | 75.62 | 79.46 | 74.85 | 68.71 | 79.17 | 73.49 | 63.25 | 53.41 | 64.90 | 65.00 | 60.41 | |
Operating Profit | 17.05 | 9.53 | -1.58 | 5.63 | 4.28 | -4.18 | -7.65 | -15.88 | -1.94 | 0.57 | 1.61 | 1.11 | -2.22 |
OPM % | 20.72% | 12.83% | -2.13% | 6.62% | 5.41% | -6.48% | -10.70% | -27.56% | -3.16% | 1.06% | 2.42% | 1.68% | -3.82% |
6.16 | 2.58 | 14.20 | 2.88 | 30.40 | 23.92 | -7.46 | 3.17 | 4.80 | 3.45 | 226.16 | 9.94 | 18.89 | |
Interest | 1.31 | 1.19 | 1.60 | 1.20 | 0.93 | 1.88 | 2.45 | 2.62 | 2.80 | 1.73 | 2.03 | 2.14 | 2.10 |
Depreciation | 5.53 | 5.69 | 7.75 | 10.48 | 7.75 | 6.30 | 5.44 | 4.30 | 4.20 | 4.11 | 4.52 | 7.62 | 5.25 |
Profit before tax | 16.37 | 5.23 | 3.27 | -3.17 | 26.00 | 11.56 | -23.00 | -19.63 | -4.14 | -1.82 | 221.22 | 1.29 | 9.32 |
Tax % | 27.06% | 49.33% | 23.55% | 13.56% | 17.73% | 25.52% | 21.13% | -4.43% | -23.19% | -34.62% | 13.81% | 14.73% | |
11.94 | 2.65 | 2.51 | -2.74 | 21.39 | 8.60 | -18.15 | -20.49 | -5.10 | -2.44 | 190.67 | 3.75 | 6.87 | |
EPS in Rs | 25.69 | 5.95 | 5.71 | -6.28 | 39.68 | 19.05 | -40.06 | -45.13 | -11.12 | -3.87 | 321.37 | 6.16 | 11.56 |
Dividend Payout % | 48.65% | 58.76% | 52.50% | -39.77% | 36.53% | 62.98% | 0.00% | 0.00% | 0.00% | 0.00% | 7.78% | 405.74% |
Compounded Sales Growth | |
---|---|
10 Years: | -1% |
5 Years: | -2% |
3 Years: | 3% |
TTM: | -16% |
Compounded Profit Growth | |
---|---|
10 Years: | 5% |
5 Years: | 22% |
3 Years: | 35% |
TTM: | 70% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 21% |
3 Years: | 21% |
1 Year: | 14% |
Return on Equity | |
---|---|
10 Years: | -4% |
5 Years: | -4% |
3 Years: | 0% |
Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4.55 | 4.55 | 4.55 | 4.55 | 4.55 | 4.55 | 4.55 | 4.55 | 4.55 | 5.94 | 5.94 | 5.94 | 5.94 |
Reserves | 87.60 | 89.60 | 90.81 | 86.51 | 96.69 | 99.70 | 80.00 | 59.24 | 54.31 | 65.56 | 256.51 | 232.53 | 239.82 |
11.61 | 16.78 | 15.43 | 14.40 | 7.69 | 11.74 | 12.16 | 12.68 | 17.65 | 21.81 | 19.19 | 20.87 | 22.88 | |
30.25 | 34.27 | 31.48 | 28.26 | 41.38 | 32.14 | 54.13 | 34.29 | 23.72 | 21.12 | 19.78 | 21.99 | 22.07 | |
Total Liabilities | 134.01 | 145.20 | 142.27 | 133.72 | 150.31 | 148.13 | 150.84 | 110.76 | 100.23 | 114.43 | 301.42 | 281.33 | 290.71 |
59.47 | 59.94 | 67.97 | 60.91 | 46.04 | 41.93 | 37.14 | 34.29 | 32.64 | 41.96 | 50.54 | 48.54 | 52.56 | |
CWIP | 3.21 | 17.72 | 4.05 | 3.30 | 3.27 | 1.62 | 0.56 | 0.39 | 0.61 | 0.36 | 0.04 | 0.56 | 0.42 |
Investments | 29.18 | 26.37 | 27.15 | 25.10 | 50.34 | 63.03 | 64.54 | 27.00 | 15.09 | 7.77 | 30.42 | 149.82 | 184.45 |
42.15 | 41.17 | 43.10 | 44.41 | 50.66 | 41.55 | 48.60 | 49.08 | 51.89 | 64.34 | 220.42 | 82.41 | 53.28 | |
Total Assets | 134.01 | 145.20 | 142.27 | 133.72 | 150.31 | 148.13 | 150.84 | 110.76 | 100.23 | 114.43 | 301.42 | 281.33 | 290.71 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-5.16 | 3.84 | 6.07 | 6.22 | 23.65 | -13.93 | 0.16 | -34.54 | -11.47 | -2.04 | -0.09 | 2.96 | |
8.81 | -10.75 | 2.25 | -1.30 | 0.57 | 20.12 | 1.88 | 36.07 | 13.02 | -1.95 | 166.76 | -120.93 | |
-4.65 | 6.84 | -6.58 | -3.99 | -15.32 | -17.48 | -1.73 | -0.88 | 2.38 | 17.07 | -4.59 | -30.84 | |
Net Cash Flow | -1.00 | -0.07 | 1.74 | 0.93 | 8.91 | -11.29 | 0.30 | 0.65 | 3.94 | 13.08 | 162.08 | -148.81 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 60.24 | 64.03 | 78.97 | 54.86 | 55.03 | 66.91 | 66.86 | 69.88 | 66.68 | 78.71 | 74.96 | 85.52 |
Inventory Days | 247.42 | 309.27 | 209.25 | 216.24 | 193.48 | 292.35 | 264.91 | 263.64 | 231.39 | 237.07 | 154.30 | 212.82 |
Days Payable | 78.18 | 123.48 | 79.51 | 53.58 | 128.75 | 177.53 | 216.86 | 169.73 | 153.30 | 147.12 | 116.85 | 178.52 |
Cash Conversion Cycle | 229.48 | 249.81 | 208.72 | 217.53 | 119.76 | 181.73 | 114.90 | 163.79 | 144.76 | 168.66 | 112.41 | 119.82 |
Working Capital Days | 71.42 | 79.65 | 85.19 | 75.32 | 15.45 | 72.51 | -13.68 | 78.69 | 84.06 | 92.97 | 83.58 | 73.38 |
ROCE % | 12.61% | 4.82% | 0.66% | -2.76% | -1.17% | -5.32% | -6.83% | -18.96% | -5.53% | -0.62% | 1.37% | 1.22% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 10 May
- Update On Sell Of Commercial Buildings Of The Company Situated At Powai - Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('Listing Regulations') 10 May
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 7 May
- Announcement under Regulation 30 (LODR)-Meeting Updates 6 May
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 18 Apr
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
Business Overview:[1][2]
Company supplies high speed card clothing sets. It manufactures card clothing and card room accessories for complete range of carding machines and supplies to textile mills across India and global markets. ICC trades in card clothing’s suitable for all types of fibres which require carding.
At present, Mauritius based, Multi Act Industrial Limited (MAIL) is the holding company of ICC with a stake of 67.33% in the equity share capital of the company. MAIL is promoted by Trivedi Family and a few other shareholders