The Indian Card Clothing Company Limited manufactures and sells flexible and metallic card clothing products in India and internationally.
Mediocre balance sheet with weak fundamentals.
Share Price & News
How has Indian Card Clothing's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 509692's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 509692 underperformed the Indian Luxury industry which returned 13.7% over the past year.
Return vs Market: 509692 exceeded the Indian Market which returned 6.4% over the past year.
Price Volatility Vs. Market
How volatile is Indian Card Clothing's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Indian Card Clothing undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 509692's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 509692's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 509692 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.
PE vs Market: 509692 is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 509692's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 509692 is overvalued based on its PB Ratio (0.8x) compared to the IN Luxury industry average (0.5x).
How is Indian Card Clothing forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Indian Card Clothing has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of 509692’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Indian Card Clothing competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has Indian Card Clothing performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 509692 is currently unprofitable.
Growing Profit Margin: 509692 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 509692 is unprofitable, and losses have increased over the past 5 years at a rate of -40.7% per year.
Accelerating Growth: Unable to compare 509692's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 509692 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (6.4%).
Return on Equity
High ROE: 509692 has a negative Return on Equity (-16.74%), as it is currently unprofitable.
How is Indian Card Clothing's financial position?
Financial Position Analysis
Short Term Liabilities: 509692's short term assets (₹464.8M) exceed its short term liabilities (₹345.2M).
Long Term Liabilities: 509692's short term assets (₹464.8M) exceed its long term liabilities (₹70.5M).
Debt to Equity History and Analysis
Debt Level: 509692's debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: 509692's debt to equity ratio has increased from 15.5% to 19.3% over the past 5 years.
Inventory Level: 509692 has a high level of physical assets or inventory.
Debt Coverage by Assets: 509692's debt is covered by short term assets (assets are 3.7x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 509692 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 509692 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Indian Card Clothing's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 509692's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 509692's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 509692's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 509692's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 509692 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 509692's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Alok Misra 0
Mr. Alok Misra has been a Chief Executive Officer at The Indian Card Clothing Company Limited since May 7, 2019. He serves as Executive President of Manufacturing, Cables and Wires at Polycab India Limited ...
|Chief Financial Officer||1.3yrs||₹3.61m||no data|
|Vice President of Sales & Marketing||0yrs||no data||no data|
|Vice President of SCM & Materials||0yrs||no data||no data|
|Vice President of Operations - Nalagarh||0yrs||no data||no data|
|Chief Executive Officer||0.8yrs||no data||no data|
|Company Secretary and Head of Legal & Corporate Affairs||0.8yrs||₹1.66m||no data|
|Head of Human Resource||0yrs||no data||no data|
|Vice President of Operations - Nalagarh||0yrs||no data||no data|
Experienced Management: 509692's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
|Non-Executive Independent Director||35yrs||₹365.00k||no data|
|Chairman of the Board||0yrs||₹180.00k||no data|
|Deputy Chairman||0yrs||₹185.00k||no data|
|Chairman Emeritius||8.5yrs||₹60.00k||no data|
|Non-Executive Independent Director||25.4yrs||₹345.00k||no data|
|Independent Non-Executive Director||5.3yrs||₹240.00k||no data|
|Additional Non-Executive Non Independent Director||1.6yrs||₹810.00k||no data|
|Independent Director||1.3yrs||₹60.00k||no data|
Experienced Board: 509692's board of directors are considered experienced (6.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Indian Card Clothing Company Limited's company bio, employee growth, exchange listings and data sources
- Name: The Indian Card Clothing Company Limited
- Ticker: 509692
- Exchange: BSE
- Founded: 1955
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹495.950m
- Shares outstanding: 4.55m
- Website: https://www.cardindia.com
- The Indian Card Clothing Company Limited
- Plot No. 265
- MIDC, Sector 10
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|509692||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jan 1997|
|INDIANCARD||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Jan 1997|
The Indian Card Clothing Company Limited manufactures and sells flexible and metallic card clothing products in India and internationally. It operates in two segments, Card Clothing and Real Estate. The company’s products include cotton and synthetic products comprising 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, yarn rasing fillets, humbugs, and hand cleaning cards. It also provides various card clothing accessories, including Web catcher; Accura carding systems for ERM and RSK; Accura carding elements; and XTRAC systems. The company was incorporated in 1955 and is headquartered in Pune, India. The Indian Card Clothing Company Limited is a subsidiary of Multi Act Industrial Enterprises Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 12:56|
|End of Day Share Price||2020/02/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.