Indian Terrain Fashions Ltd
₹ 67.2
0.52%
05 Dec
10:02 a.m.
About
Indian Terrain is in the business of branded apparels in India. ITFL operates within India and offers a variety of ranges from Shirts, Trousers, Shorts, and T-shirts, etc. [1]
The company started its operations in 2000 with celebrity fashions limited and the company got demerged from Celebrity Fashions Limited into a separate listed entity in April 2010. The company started with 20 Exclusive brand Outlets. [2]
Key Points
- Market Cap ₹ 298 Cr.
- Current Price ₹ 67.2
- High / Low ₹ 88.4 / 41.4
- Stock P/E
- Book Value ₹ 45.2
- Dividend Yield 0.00 %
- ROCE 12.0 %
- ROE 5.20 %
- Face Value ₹ 2.00
Pros
- Company's working capital requirements have reduced from 202 days to 140 days
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 4.52% over past five years.
- Promoter holding is low: 34.2%
- Company has a low return on equity of -3.99% over last 3 years.
- Promoters have pledged 50.4% of their holding.
- Company has high debtors of 188 days.
- Company's cost of borrowing seems high
* 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: Textiles - Products
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 141 | 157 | 232 | 290 | 325 | 326 | 401 | 422 | 370 | 213 | 336 | 501 | 480 | |
| 129 | 141 | 208 | 257 | 284 | 286 | 354 | 372 | 342 | 232 | 309 | 445 | 438 | |
| Operating Profit | 12 | 15 | 24 | 34 | 41 | 40 | 48 | 51 | 28 | -19 | 27 | 56 | 42 |
| OPM % | 9% | 10% | 10% | 12% | 13% | 12% | 12% | 12% | 8% | -9% | 8% | 11% | 9% |
| 1 | 1 | 0 | 1 | 5 | 5 | 2 | 3 | 4 | 11 | 7 | -0 | -2 | |
| Interest | 10 | 10 | 10 | 9 | 7 | 9 | 7 | 8 | 21 | 24 | 19 | 22 | 22 |
| Depreciation | 1 | 1 | 2 | 3 | 2 | 3 | 4 | 6 | 23 | 23 | 23 | 23 | 22 |
| Profit before tax | 2 | 5 | 12 | 23 | 37 | 33 | 39 | 40 | -12 | -54 | -8 | 10 | -4 |
| Tax % | 24% | 14% | 21% | 21% | 11% | 31% | 35% | 35% | 10% | 43% | 72% | 32% | |
| 2 | 4 | 10 | 18 | 33 | 23 | 25 | 26 | -10 | -31 | -2 | 7 | -15 | |
| EPS in Rs | 0.63 | 1.47 | 3.47 | 5.01 | 8.99 | 6.02 | 6.71 | 6.78 | -2.73 | -7.48 | -0.54 | 1.60 | -3.37 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 5% |
| 3 Years: | 11% |
| TTM: | 3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | -15% |
| 3 Years: | 42% |
| TTM: | -163% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | -13% |
| 3 Years: | 23% |
| 1 Year: | -22% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | -1% |
| 3 Years: | -4% |
| Last Year: | 5% |
Balance Sheet
Figures in Rs. Crores
| 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 | 6 | 6 | 6 | 7 | 7 | 8 | 8 | 8 | 8 | 8 | 8 | 9 | 9 |
| Reserves | 15 | 20 | 30 | 119 | 154 | 171 | 196 | 222 | 209 | 188 | 186 | 203 | 192 |
| 61 | 61 | 56 | 39 | 45 | 44 | 37 | 33 | 123 | 114 | 109 | 109 | 116 | |
| 37 | 35 | 48 | 50 | 64 | 78 | 136 | 155 | 164 | 155 | 169 | 225 | 195 | |
| Total Liabilities | 119 | 121 | 141 | 216 | 270 | 301 | 377 | 418 | 503 | 466 | 473 | 546 | 512 |
| 9 | 8 | 8 | 7 | 27 | 35 | 49 | 53 | 128 | 111 | 94 | 73 | 69 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 59 | 0 | 0 | 0 | 30 | 21 | 22 | 19 | 17 | 15 |
| 110 | 113 | 133 | 150 | 243 | 264 | 328 | 335 | 354 | 333 | 360 | 457 | 428 | |
| Total Assets | 119 | 121 | 141 | 216 | 270 | 301 | 377 | 418 | 503 | 466 | 473 | 546 | 512 |
Cash Flows
Figures in Rs. Crores
| 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 | 6 | 14 | 12 | 23 | 12 | 19 | 5 | 14 | 14 | 22 | 12 | |
| -1 | 0 | 1 | -59 | 41 | -8 | -17 | -37 | 4 | 5 | 3 | 18 | |
| -1 | -10 | -14 | 47 | -0 | -7 | -14 | -12 | -22 | -20 | -23 | -33 | |
| Net Cash Flow | 3 | -3 | 0 | 1 | 64 | -3 | -12 | -45 | -4 | -1 | 3 | -3 |
Ratios
Figures in Rs. Crores
| 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 | 162 | 161 | 121 | 120 | 132 | 122 | 162 | 207 | 248 | 388 | 243 | 188 |
| Inventory Days | 202 | 196 | 175 | 108 | 115 | 159 | 136 | 99 | 121 | 163 | 143 | 151 |
| Days Payable | 171 | 161 | 66 | 69 | 101 | 103 | 141 | 126 | 166 | 242 | 174 | 195 |
| Cash Conversion Cycle | 193 | 197 | 230 | 159 | 146 | 179 | 157 | 180 | 203 | 309 | 212 | 144 |
| Working Capital Days | 151 | 157 | 115 | 115 | 120 | 126 | 132 | 154 | 193 | 282 | 182 | 140 |
| ROCE % | 15% | 16% | 24% | 24% | 21% | 17% | 19% | 18% | 3% | -10% | 3% | 12% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
10 Nov - Press Release titled "Indian Terrain Fashions Limited announces Q2 FY24 Results"
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Announcement under Regulation 30 (LODR)-Investor Presentation
9 Nov - Investor Presentation for the quarter and half year ended 30th September 2023
- Intimation On Approval Of Release Of Entire Pledge On The Promoter'S Equity Shares 9 Nov
-
Announcement under Regulation 30 (LODR)-Change in Management
9 Nov - Changes in the Key Managerial Personnel of the Company.
- Unaudited Standalone Financial Results For The Quarter And Half Year Ended 30Th September 2023 9 Nov
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Nov 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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Jun 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Aug 2022TranscriptNotesPPT
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Jun 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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May 2021TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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Aug 2018TranscriptNotesPPT
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May 2018TranscriptNotesPPT
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Dec 2017TranscriptNotesPPT
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Sep 2017TranscriptNotesPPT
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May 2017TranscriptNotesPPT
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Feb 2017TranscriptNotesPPT
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Dec 2016TranscriptNotesPPT
Product Portfolio
The Co primarily caters to Men Clothing in the mid-premium and premium segments. It operates in India with apparel offerings ranging from Shirts, Trousers, Shorts, and T-shirts selling under the brand ‘Indian Terrain’. It also oversees the Boy's wear segment with fashion accessories mainly belts, socks, wallets, and face masks. [1]