Indian Terrain Fashions Limited (IN:INDTERRAIN)
:INDTERRAIN
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Indian Terrain Fashions Limited
(INDTERRAIN)
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Rating:48Neutral
Price Target:
₹24.50
▼(-29.39% Downside)
Action:ReiteratedDate:04/01/26
The score is primarily held back by weak financial performance (declining revenue, losses, and negative free cash flow) and bearish technicals (trading below key moving averages with negative MACD). Valuation is relatively neutral with a mid-range P/E but lacks dividend support and is tempered by poor profitability.
Positive Factors
Diversified go-to-market channels
A multi-channel retail model (company stores, franchised EBOS, wholesale and online) provides durable revenue flexibility. Company-owned outlets capture full retail margin while franchises scale with low capital, and online expands reach, reducing single-channel dependency over months.
Negative Factors
Declining revenue and profitability
Sustained top-line contraction and negative EBIT/EBITDA margins indicate structural demand or execution issues. Without durable revenue recovery, operating leverage will continue to depress margins, constrain reinvestment and weaken the company's ability to restore normalized profitability over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified go-to-market channels
A multi-channel retail model (company stores, franchised EBOS, wholesale and online) provides durable revenue flexibility. Company-owned outlets capture full retail margin while franchises scale with low capital, and online expands reach, reducing single-channel dependency over months.
Read all positive factors
Indian Terrain Fashions Limited (INDTERRAIN) vs. iShares MSCI India ETF (INDA)
Market Cap
₹1.43B
Dividend YieldN/A
Average Volume (3M)7.84K
Price to Earnings (P/E)17.3
Beta (1Y)1.36
Revenue Growth-5.67%
EPS Growth71.26%
CountryIN
Employees273
SectorConsumer Cyclical
Sector Strength84
IndustryApparel - Manufacturers
Share Statistics
EPS (TTM)0.51
Shares Outstanding50,667,366
10 Day Avg. Volume3,058
30 Day Avg. Volume7,842
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)0.77
Price to Sales (P/S)0.41
P/FCF Ratio-48.10
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Indian Terrain Fashions Limited Business Overview & Revenue Model
Company Description
Indian Terrain Fashions Limited manufactures and sells apparel in India. It offers shirts, T-shirts, sweaters, jackets, denims, sweatshirts, shorts, trousers, jeans, and joggers, as well as accessories comprising belts, wallets, and socks for men ...
How the Company Makes Money
Indian Terrain Fashions Limited primarily makes money by selling branded apparel and related products under the Indian Terrain label. Revenue is generated through (1) sales to consumers via its own retail stores (company-operated outlets), where t...
Indian Terrain Fashions Limited Financial Statement Overview
Summary
Income Statement
42
Neutral
Balance Sheet
56
Neutral
Cash Flow
45
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.56B | 3.41B | 4.56B | 5.01B | 3.36B | 2.13B |
| Gross Profit | 1.26B | 883.90M | 1.20B | 1.46B | 1.24B | 729.40M |
| EBITDA | 222.00M | -21.10M | 339.90M | 551.90M | 341.80M | -101.20M |
| Net Income | -121.80M | -426.60M | -149.30M | 70.90M | -22.00M | -307.50M |
Balance Sheet | ||||||
| Total Assets | 4.39B | 4.42B | 5.22B | 5.46B | 4.73B | 4.66B |
| Cash, Cash Equivalents and Short-Term Investments | 415.20M | 439.80M | 92.40M | 170.60M | 213.80M | 217.90M |
| Total Debt | 1.09B | 1.17B | 1.43B | 1.09B | 1.09B | 1.14B |
| Total Liabilities | 2.57B | 2.60B | 3.26B | 3.35B | 2.76B | 2.67B |
| Stockholders Equity | 1.83B | 1.83B | 1.97B | 2.12B | 1.97B | 1.98B |
Cash Flow | ||||||
| Free Cash Flow | 42.40M | -29.10M | -146.90M | 110.90M | 211.50M | 119.00M |
| Operating Cash Flow | 52.80M | 3.30M | -140.50M | 121.90M | 224.80M | 141.00M |
| Investing Cash Flow | -77.00M | 62.10M | 109.50M | 184.00M | 34.10M | 48.80M |
| Financing Cash Flow | -100.80M | 60.70M | 29.90M | -331.10M | -232.30M | -197.60M |
Indian Terrain Fashions Limited Technical Analysis
Negative
34.70
Price Trends
31.72
Negative
33.76
Negative
35.28
Negative
Market Momentum
-1.31
Negative
45.32
Neutral
43.10
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:INDTERRAIN, the sentiment is Negative. The current price of 34.7 is above the 20-day moving average (MA) of 28.60, above the 50-day MA of 31.72, and below the 200-day MA of 35.28, indicating a bearish trend. The MACD of -1.31 indicates Negative momentum. The RSI at 45.32 is Neutral, neither overbought nor oversold. The STOCH value of 43.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:INDTERRAIN.
Indian Terrain Fashions Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | ₹47.38B | 4.93 | ― | 0.31% | 20.18% | 16.17% | |
62 Neutral | ₹69.92B | 20.98 | ― | ― | 65.91% | 139.39% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
54 Neutral | ₹45.11B | -25.69 | ― | ― | -12.59% | -328.41% | |
48 Neutral | ₹1.43B | 17.32 | ― | ― | -5.67% | 71.26% | |
46 Neutral | ₹2.17B | -3.18 | ― | ― | -11.18% | -22.17% |
* Consumer Cyclical Sector Average
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Indian Terrain Fashions Limited Corporate Events
Indian Terrain Publishes Notice on Special Window for Transfer and Demat of Physical Shares
Feb 8, 2026
Indian Terrain Fashions Limited has announced that it has published newspaper advertisements about the opening of a special window for the transfer and dematerialisation of physical securities, in line with a recent SEBI circular and stock exchang...
Indian Terrain Returns to Profit in Q3 FY26 on Margin Gains and Working Capital Efficiency
Feb 5, 2026
Indian Terrain Fashions Limited reported a solid set of Q3 FY 2025-26 results, underscoring clear progress in its turnaround with a return to profitability. Revenue from operations rose 4.7% year-on-year to ₹101.4 crore, while EBITDA more th...
Indian Terrain Reports No Requests Under Special Window for Physical Share Transfers
Jan 6, 2026
Indian Terrain Fashions Limited has reported to the stock exchanges that, during the special window period mandated by securities regulations for re-lodgment of transfer requests of physical shares, it did not receive any requests from July 2025 u...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.