Mallcom (India) Limited

Mallcom (India) Limited

MALLCOM.NS
Mallcom (India) LimitedIN flagNational Stock Exchange of India
974.90
INR
+1.90
- -
6.08BMarket Cap
Mallcom (India) Limited
MALLCOM.NS
(National Stock Exchange of India)

Recent

price

974.90

P/E

ratio

- -

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
430.02
441.63
405.09
373.18
459.44
442.74
493.06
559.09
628.01
651.92
753.53
823.74
Revenue per Share
10.87
15.03
16.15
13.53
24.02
30.26
45.3
52.28
59.19
58.2
92.04
85.78
Basic EPS, GAAP
28.14
-11.79
36.34
0.74
20.55
51.44
-12.58
-36.15
12.19
-31.98
-123.35
- -
Free Cash Flow per Basic Share
1.5
1.5
- -
- -
- -
- -
2
3
3
3
3
- -
Dividend per Share
13.8
2.41
3.72
4.11
4.43
6.02
7.05
12.42
18.47
19.73
21.5
- -
Book Value per Share
85.57
98.25
112.39
124.61
147.87
176.12
228.09
275.85
325.57
380.56
478.51
- -
Tangible Book Value per Share
6
6
6
6
6
6
6
6
6
6
6
6
Basic Weighted Avg Shares
2,683
2,756
2,528
2,329
2,867
2,763
3,077
3,489
3,919
4,068
4,702
5,139
Sales/Revenue/Turnover
5.2
5.91
6.22
7.14
8.44
8.78
11.17
10.88
10.97
11.2
8.3
7.51
Operating Margin (%)
47
59
53
54
57
56
58
83
83
79
96
114
Depreciation Expense
68
94
101
84
150
189
283
326
369
363
574
535
Net Income, GAAP
36.36
33.48
33.53
37.63
33.93
25.37
24.41
25.73
27.44
26.93
22.51
21.49
Effective Tax Rate (%)
2.53
3.4
3.99
3.63
5.23
6.84
9.19
9.35
9.43
8.93
12.21
10.41
Profit Margin (%)
251
275
279
363
479
662
814
1,030
961
1,121
969
- -
Working Capital
148
132
55
36
36
36
36
60
40
37
25
- -
LT Debt
540
619
706
790
932
1,102
1,468
1,722
2,032
2,375
2,986
- -
Total Equity
- -
8.98
8.35
8.2
11.76
12.57
14.85
13.14
12.01
10.67
8.12
- -
Return on Invested Capital (%)
- -
16.79
19.79
19.53
32.84
44.48
54.72
52.91
45.85
37.8
52.8
84.9
Return on Capital (%)
- -
185.52
527.39
345.69
561.99
579.02
693.21
536.9
383.2
304.72
446.5
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Jun'26
Sep'26
Dec'26
ST Debt
- -
1,128
- -
LT Borrowings
- -
23
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
6
- -
Market Capitalization
8,080
7,820
7,493

Working Capital

FRC

in mil. unless spec.
Jun'26
Sep'26
Dec'26
Total Current Assets
- -
2,672
- -
Cash, Cash Equivalents & STI
- -
137
- -
Accounts Receivable, Net
- -
753
- -
Inventories
- -
1,445
- -
Total Current Liabilities
- -
1,683
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,128
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.79%
22.23%
25.74%
Free Cash Flow
204.12%
-29.5%
285.67%
Net Income, GAAP
26.78%
26.96%
58.15%
Sales/Revenue/Turnover
6.25%
11.3%
15.59%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
945
1,083
956
1,084
4,068
2025
1,024
1,291
1,177
1,210
4,702
2026
1,224
1,393
1,311
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13.66
14.67
10.95
- -
58.2
2025
13.67
16.19
14.46
- -
92.04
2026
15.79
5.99
16.27
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3
2025
- -
- -
- -
- -
3
2026
- -
- -
- -
- -
- -
Business
Mallcom (India) Limited operates as a leading manufacturer and distributor of personal protective equipment (PPE) and industrial safety products. Its core products include safety helmets, bump caps, face masks, safety goggles, ear plugs, leather and synthetic gloves, medical garments, belts, night vests, safety shoes, rainwear, safety apparel, harnesses, and accessories. The company serves various sectors including industrial, healthcare, hospitality, and general workwear markets. Mallcom also manufactures diverse protective clothing ranging from lightweight to heavy-duty and extreme condition wear, supported by in-house expertise in materials such as textiles, leather, rubber, and plastic. It markets its products primarily in India, the Middle East, Southeast Asia, and Europe. Founded in 1982 and headquartered in Kolkata, India, Mallcom has recently expanded its manufacturing footprint with new facilities in West Bengal and Gujarat, including a fully integrated garment manufacturing unit in Chandipur, West Bengal, and a safety shoe manufacturing unit in Ghatakpukur, West Bengal. The company is advancing the Greenfield project at Sanand-II, Gujarat, aimed at expanding production capacity for its Protech workwear line with significant capital investment ongoing. These expansions reflect its strategic emphasis on scaling capacity and enhancing product availability. The company also resolved earlier supply chain disruptions, resulting in improved operational efficiency and higher turnover. In FY2025-2026, Mallcom reported notable sales growth and is focused on sustaining around 15% growth, supported by planned product launches, increased branded product sales, and a balanced market distribution. Mallcom (India) Limited operates through subsidiaries including Mallcom VSFT Gloves Private Limited and Best Safety Private Limited, expanding its manufacturing capabilities. The company maintains strong domestic and international presence, with continuous investments in infrastructure and technology to support product innovation and quality compliance with global safety standards. Recent financial performance reflects solid growth in both top-line sales and branded product penetration, underscoring Mallcom’s position as a key player in the PPE industry in India and abroad.