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    Industrial - Machinery
The Indian Card Clothing Company Limited

The Indian Card Clothing Company Limited

INDIANCARD.NS
The Indian Card Clothing Company LimitedIN flagNational Stock Exchange of India
238.00
INR
-2.90
- -
1.41BMarket Cap
The Indian Card Clothing Company Limited
INDIANCARD.NS
(National Stock Exchange of India)

Recent

price

238.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
127.87
180.78
163.31
182.47
186.96
173.88
141.82
143.7
111.83
115.11
94.12
104.25
100.65
78.92
70.74
70.73
70.73
Revenue per Share
6.07
25.68
5.96
5.71
-6.28
39.69
19.06
-40.05
-45.14
-11.12
-4.42
321.36
6.16
13.41
154.63
6.26
6.26
Basic EPS, GAAP
-3.34
-20.84
-39.4
8.48
6.45
50.47
-33.25
-0.38
-85.69
-33.77
-26.39
-11.28
-4.8
-7.02
-55.75
-33.26
- -
Free Cash Flow per Basic Share
3
13
3.5
3.5
3
20.48
30.9
2.01
0.17
0.05
0.05
0.04
49.64
0.31
0.04
0.01
- -
Dividend per Share
10
147.68
145.93
147.48
138.04
160.24
158.49
116.02
70.87
59.75
50.36
365.59
321.76
335.17
489.79
10
10
Book Value per Share
192.41
207.14
212.31
215.22
205.67
234.85
240.61
197.51
151.91
141.05
147.01
450.08
401.4
414.19
568.93
576.19
576.22
Tangible Book Value per Share
5
5
5
5
5
5
5
5
5
5
5
6
6
6
6
6
6
Basic Weighted Avg Shares
582
823
743
830
851
791
645
654
509
524
491
619
598
469
420
420
420
Sales/Revenue/Turnover
-34.12
14.06
8.43
0.01
-5.44
-3.97
-16.25
-24.29
-46.09
-23.77
-14.66
-7.87
-13.73
-35.28
-44.08
-35.96
-43.25
Operating Margin (%)
57
55
57
77
105
78
63
54
43
42
41
45
50
49
49
47
47
Depreciation Expense
28
117
27
26
-29
181
87
-182
-205
-51
-23
1,909
37
80
919
37
37
Net Income, GAAP
17.99
27.06
49.37
23.44
- -
17.73
25.5
- -
- -
- -
- -
13.81
4.92
- -
8.03
25.25
25.25
Effective Tax Rate (%)
4.75
14.21
3.65
3.13
-3.36
22.83
13.44
-27.87
-40.36
-9.66
-4.69
308.27
6.12
16.99
218.58
8.85
8.85
Profit Margin (%)
68
163
64
261
211
325
635
423
237
228
386
2,037
1,260
763
731
1,212
1,212
Working Capital
115
46
25
29
20
9
3
9
23
78
184
191
208
243
30
20
20
LT Debt
878
945
966
979
936
1,070
1,095
899
692
642
767
2,674
2,385
2,462
3,383
3,430
3,430
Total Equity
-16.5
8.38
2.97
0.01
- -
-2.33
-6.7
- -
- -
- -
- -
-2.19
-2.87
- -
-5.49
-3.24
-3.89
Return on Invested Capital (%)
21.22
26.12
3.45
4.63
- -
18.54
11.5
- -
- -
- -
- -
130.63
2.25
- -
35.48
2.8
44.31
Return on Capital (%)
60.71
32.57
4.06
3.89
-4.4
26.61
11.96
-29.18
-48.31
-17.03
-8.62
156.83
1.79
4.08
37.49
2.51
62.61
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
24
- -
12
LT Borrowings
- -
- -
- -
LT Finance Leases
25
- -
20
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
- -
6
Market Capitalization
1,546
1,436
930

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
1,309
- -
1,356
Cash, Cash Equivalents & STI
942
- -
914
Accounts Receivable, Net
104
- -
108
Inventories
112
- -
125
Total Current Liabilities
189
- -
144
Payables & Accruals
- -
- -
- -
ST Debt
24
- -
12
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
25.35%
55.96%
1.4%
Free Cash Flow
2,300.2%
118.19%
-40.32%
Net Income, GAAP
-788.88%
-1,481.92%
-95.95%
Sales/Revenue/Turnover
-5.19%
-1.86%
-0.01%
Total Cash Common Dividend
12,492.65%
25,026.13%
-83.8%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
150
155
126
37
469
2025
100
112
106
102
420
2026
97
107
104
112
420

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.03
9.32
-1.39
- -
13.41
2025
112.5
13.14
-0.43
29.42
154.63
2026
3.86
9.11
-1.02
-5.69
6.26

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.31
2025
- -
- -
- -
- -
0.04
2026
- -
- -
- -
- -
0.01
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Business
The Indian Card Clothing Company Limited manufactures and supplies precision-engineered card clothing products and carding solutions for the textile industry; its core offerings include cylinder wires, doffer wires, lickerin wires, and flat tops for cotton and synthetic fibers; metallic wires for non-woven cards; woolen, sundry, and fancy fillets; rasing fillets, brush sheets, humbugs, and hand cleaning cards for various fibers; as well as card room accessories and high-speed card clothing sets compatible with all types of carding machines and fibers. Founded in 1955 and headquartered in Pune, India, the company operates manufacturing facilities in Pune, Maharashtra, and Nalagarh, Himachal Pradesh, with sales to textile mills across India and global markets; it also engages in real estate activities. Multi-Act Industrial Enterprises Limited, based in Mauritius, serves as the holding company with a 67.33% stake, while the company holds 100% equity in UK-based Garnett Wires Limited, which specializes in card clothing for the non-woven segment. In recent developments, the company approved a Rs. 10 crore investment in CFM Asset Reconstruction Private Limited through subscription to equity shares on October 31, 2025; appointed Ms. Shivangi Kishore Kanvinde as an additional independent director effective November 11, 2024; and noted the cessation of Dr. Sangeeta Pandit's second term as independent director effective November 12, 2024.