Indian CardCloth Share Price ₹209 | P/E 18.4

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Indian CardCloth

Quarter-by-quarter operating performance

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales +	17.12	15.01	15.04	15.51	12.63	12.27	10.02	11.23	10.56	10.22	9.65	10.73	10.41
Expenses +	16.09	15.00	14.76	15.28	15.37	15.34	14.22	13.69	13.87	13.84	12.50	14.08	13.74
Operating Profit	1.03	0.01	0.28	0.23	-2.74	-3.07	-4.20	-2.46	-3.31	-3.62	-2.85	-3.35	-3.33
OPM %	6.02%	0.07%	1.86%	1.48%	-21.69%	-25.02%	-41.92%	-21.91%	-31.34%	-35.42%	-29.53%	-31.22%	-31.99%
Other Income +	3.53	2.76	3.42	8.00	4.71	3.72	78.37	12.37	4.49	25.92	7.16	11.38	4.12
Interest	0.56	0.55	0.44	0.65	0.46	0.60	0.55	0.66	0.79	0.73	0.32	0.25	0.22
Depreciation	1.30	1.33	1.17	1.21	1.54	1.02	1.16	1.23	1.24	1.32	1.11	1.15	1.23
Profit before tax	2.70	0.89	2.09	6.37	-0.03	-0.97	72.46	8.02	-0.85	20.25	2.88	6.63	-0.66
Tax %	-24.81%	58.43%	13.88%	13.19%	2,666.67%	-250.52%	7.77%	2.74%	-70.59%	13.68%	20.14%	18.25%	-9.09%
Net Profit +	3.37	0.36	1.80	5.54	-0.83	1.46	66.84	7.81	-0.25	17.48	2.29	5.41	-0.61
EPS in Rs	5.67	0.61	3.03	9.32	-1.40	2.46	112.50	13.15	-0.42	29.42	3.85	9.11	-1.03

Financials of Indian CardCloth

Annual income statement trend

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales +	74	85	79	65	72	58	61	54	67	66	55	42	41
Expenses +	76	79	75	69	79	73	63	53	65	65	60	56	54
Operating Profit	-2	6	4	-4	-8	-16	-2	1	2	1	-5	-14	-13
OPM %	-2%	7%	5%	-6%	-11%	-28%	-3%	1%	2%	2%	-9%	-32%	-32%
Other Income +	14	3	30	24	-7	3	5	3	226	10	19	121	49
Interest	2	1	1	2	2	3	3	2	2	2	2	3	2
Depreciation	8	10	8	6	5	4	4	4	5	7	5	5	5
Profit before tax	3	-3	26	12	-23	-20	-4	-2	221	2	7	100	29
Tax %	24%	-14%	18%	26%	-21%	4%	23%	35%	14%	10%	-7%	8%
Net Profit +	3	-3	21	9	-18	-20	-5	-2	191	4	8	92	25
EPS in Rs	5.71	-6.28	39.68	19.05	-40.06	-45.13	-11.12	-3.87	321.37	6.16	13.42	154.63	41.35
Dividend Payout %	52%	-40%	37%	63%	0%	0%	0%	0%	8%	406%	0%	0%

Financials of Indian CardCloth

Capital structure and asset base

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	5	5	5	5	5	5	5	6	6	6	6	6	6
Reserves	91	87	97	100	80	59	54	66	257	233	240	332	341
Borrowings +	15	14	8	12	12	13	18	22	19	21	25	17	5
Other Liabilities +	31	28	41	32	54	34	24	21	20	22	21	21	24
Total Liabilities	142	134	150	148	151	111	100	114	301	281	292	377	376
Fixed Assets +	68	61	46	42	37	34	33	42	51	49	35	34	33
CWIP	4	3	3	2	1	0	1	0	0	1	0	1	1
Investments	27	25	50	63	65	27	15	8	30	150	182	250	274
Other Assets +	43	44	51	42	49	49	52	64	220	82	74	93	67
Total Assets	142	134	150	148	151	111	100	114	301	281	292	377	376

Financials of Indian CardCloth

Operating, investing and financing cash movement

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	6	6	24	-14	0	-35	-11	-2	-0	3	2	-17
Cash from Investing Activity +	2	-1	1	20	2	36	13	-2	167	-121	-21	58
Cash from Financing Activity +	-7	-4	-15	-17	-2	-1	2	17	-5	-31	-2	-12
Net Cash Flow	2	1	9	-11	0	1	4	13	162	-149	-21	28
Free Cash Flow	4	4	48	4	0	-39	-12	-14	214	-2	-4	63
CFO/OP	-370%	128%	453%	346%	-16%	215%	562%	-454%	-6%	356%	-29%	105%

Financials of Indian CardCloth

Working capital efficiency and return ratios

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	79	55	55	67	67	70	67	79	75	86	74	75
Inventory Days	209	216	193	292	265	264	231	237	154	213	213	317
Days Payable	80	54	129	178	217	170	153	147	117	179	238	331
Cash Conversion Cycle	209	218	120	182	115	164	145	169	112	120	50	61
Working Capital Days	37	26	-12	19	-70	17	26	71	83	73	162	-49
ROCE %	1%	-3%	-1%	-5%	-7%	-19%	-6%	-1%	1%	1%	2%	7%

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Indian CardCloth Share Price & Earnings Call Analysis