Indian Card Clothing Co. Ltd. (INDIANCARD) AI Stock Analysis

• Market Cap: ₹1.79B
• Dividend Yield: N/A
• Average Volume (3M): 2.67K
• Price to Earnings (P/E): 2.0
• Beta (1Y): 0.75
• Revenue Growth: -24.21%
• EPS Growth: 1053.28%
• Country: IN
• Employees: 235
• Sector: Consumer Goods
• Sector Strength: N/A
• Industry: Apparel - Manufacturers
• EPS (TTM): 29.42
• Shares Outstanding: 5,941,120
• 10 Day Avg. Volume: 4,386
• 30 Day Avg. Volume: 2,675
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹305.00
• Price Target Upside: 12.96% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 50 Neutral
• Price Target: ₹290.00 ▲(7.41% Upside)

Indian Card Clothing Co. Ltd. has a mixed outlook. The financial performance is concerning due to negative cash flow and operational inefficiencies, despite strong gross margins. The technical analysis indicates a bearish trend, while the valuation suggests the stock may be undervalued. The absence of earnings call data and corporate events limits further insights.

Indian Card Clothing Co. Ltd. Business Overview & Revenue Model

Company Description

Indian Card Clothing Co. Ltd. (INDIANCARD) is a leading manufacturer and supplier in the textile industry, specializing in providing innovative solutions for card clothing and carding equipment. The company operates primarily in the textile machinery sector, producing high-quality card clothing products that cater to the needs of spinning mills and textile manufacturers globally. With a strong focus on research and development, Indian Card Clothing Co. Ltd. aims to enhance the efficiency and productivity of its clients through its advanced products and services.

How the Company Makes Money

Indian Card Clothing Co. Ltd. generates revenue by manufacturing and selling card clothing and carding equipment to textile manufacturers. The company's primary revenue streams include the sale of card clothing products, which are essential components used in the carding process of textile production. Additionally, the company may earn income through the provision of maintenance and support services for its equipment. Indian Card Clothing Co. Ltd. may also engage in strategic partnerships and collaborations with other industry players to expand its market reach and enhance its product offerings, contributing to its overall earnings.

Indian Card Clothing Co. Ltd. Financial Statement Overview

Summary

Indian Card Clothing Co. Ltd. has a strong gross margin and improving net margins, but faces challenges with persistent operational losses and negative cash flow. The robust balance sheet with low leverage contrasts with liquidity risks from cash flow issues.

Income Statement

The company has experienced significant fluctuations in revenue over the past few years. The net profit margin has improved notably, turning positive in 2025, driven by a substantial increase in net income, but EBIT remains negative, indicating operational inefficiencies. Gross profit margins are strong, but the company struggles with consistent profitability at the EBIT and EBITDA levels.

Balance Sheet

The balance sheet shows a strong equity position with a high equity ratio, reflecting financial stability. However, the company has a low debt-to-equity ratio, suggesting conservative leverage usage. Return on equity has improved significantly, indicating better returns for shareholders, but the company's assets have increased sharply, which could imply inefficiencies.

Cash Flow

The cash flow situation is concerning, with negative free cash flow and operating cash flow in the latest period, suggesting liquidity issues. Free cash flow has been consistently negative, indicating ongoing cash utilization issues. The operating cash flow to net income ratio shows divergence, indicating potential non-cash income components or other operational cash flow issues.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	420.31M	554.57M	661.14M	619.35M	491.09M
Gross Profit	301.07M	390.64M	448.53M	355.63M	292.05M
EBITDA	1.08B	131.54M	103.64M	2.28B	40.19M
Net Income	918.69M	79.66M	36.62M	1.91B	-23.04M
Balance Sheet
Total Assets	3.77B	2.92B	2.81B	3.01B	1.14B
Cash, Cash Equivalents and Short-Term Investments	798.23M	510.15M	1.12B	1.88B	291.51M
Total Debt	168.75M	249.76M	208.67M	191.89M	218.12M
Total Liabilities	383.17M	458.31M	428.61M	340.17M	377.31M
Stockholders Equity	3.38B	2.46B	2.38B	2.62B	715.02M
Cash Flow
Free Cash Flow	-331.21M	-41.73M	-28.49M	-67.01M	-137.71M
Operating Cash Flow	-173.22M	15.49M	29.56M	-889.00K	-20.41M
Investing Cash Flow	574.76M	-207.78M	-1.21B	1.67B	-19.46M
Financing Cash Flow	-118.50M	-21.12M	-308.38M	-45.93M	170.92M

Indian Card Clothing Co. Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 270.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:INDIANCARD, the sentiment is Negative. The current price of 270 is below the 20-day moving average (MA) of 297.62, below the 50-day MA of 311.66, and below the 200-day MA of 293.86, indicating a bearish trend. The MACD of -10.62 indicates Positive momentum. The RSI at 30.72 is Neutral, neither overbought nor oversold. The STOCH value of 15.29 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:INDIANCARD.

Indian Card Clothing Co. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INCREDIBLE	66 Neutral	₹1.89B	14.36		―	2.61%	134.72%
RPPL	64 Neutral	₹1.76B	25.52		0.16%	20.17%	51.93%
Sector *	57 Neutral	$3.22B	9.46	-34.32%	2.94%	-25.56%	-353.61%
UMANGDAIRY	52 Neutral	₹1.89B	312.72		―	-20.29%	-54.86%
INDIANCARD	50 Neutral	₹1.79B	1.95		―	-24.21%	1053.28%
UMAEXPORTS	49 Neutral	₹1.56B	44.68		―	12.50%	-65.62%

Indian Card Clothing Co. Ltd. Corporate Events

Indian Card Clothing Co. Ltd. Attributes Share Price Movement to Market Conditions

Indian Card Clothing Co. Ltd. has clarified recent significant movements in its share price, attributing them to market conditions rather than any undisclosed information or activities by the company’s promoters. The company emphasizes that it has complied with all necessary disclosure regulations and that the price changes are purely market-driven, with no internal factors influencing the fluctuations.