International Conveyors Ltd
NSE: INTLCONV BSE: 509709
Incorporated in 1973, International Conveyors Ltd is engaged in the manufacturing of Conveyor Belting[1]
₹79
52W: ₹59.8 — ₹115
PE 7.02 · Book ₹61.1 · +29% vs bookMarket Cap₹504 Cr
Stock P/E7.02Price to Earnings
ROCE26.7%Return on Capital
ROE25%Return on Equity
Div. Yield0.96%Face Value ₹1
Strengths
- +Company is expected to give good quarter
- +Company has delivered good profit growth of 64.9% CAGR over last 5 years
Weaknesses
- −The company has delivered a poor sales growth of 9.05% over past five years.
- −Earnings include an other income of Rs.53.8 Cr.
- −Working capital days have increased from 69.0 days to 163 days
Shareholding Pattern
Promoters69.86%
FIIs0.85%
DIIs0.54%
Public28.74%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 68.61% | 68.61% | 68.6%▼0.0 | 69.13%▲0.5 | 69.98%▲0.9 | 70.07%▲0.1 | 69.65%▼0.4 | 69.86%▲0.2 |
| FIIs | 0.01% | 0.01% | 0%▼0.0 | 0.02%▲0.0 | 0.16%▲0.1 | 0.19%▲0.0 | 0.37%▲0.2 | 0.85%▲0.5 |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0.53%▲0.5 | 0.52%▼0.0 | 0.54%▲0.0 |
| Public | 31.39% | 31.38%▼0.0 | 31.4%▲0.0 | 30.85%▼0.5 | 29.85%▼1.0 | 29.2%▼0.7 | 29.45%▲0.3 | 28.74%▼0.7 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 42 | 22 | 32 | 29 | 32 | 26 | 53 | 34 | 40 | 35 |
| Expenses | 33 | 19 | 29 | 24 | 26 | 26 | 42 | 28 | 30 | 29 |
| Operating Profit | 9 | 3 | 3 | 5 | 6 | 1 | 11 | 5 | 10 | 5 |
| OPM % | 22% | 13% | 10% | 18% | 19% | 2% | 21% | 16% | 25% | 15% |
| Net Profit | 22 | 19 | 6 | 31 | 28 | 20 | -3 | 52 | -19 | 30 |
| EPS ₹ | 3.5 | 3.01 | 0.98 | 4.96 | 4.4 | 3.18 | -0.51 | 8.24 | -2.96 | 4.63 |
AI Insights
Revenue Trend
TTM revenue at ₹161Cr, up 14.2% YoY. OPM at 20%.
Debt Position
Borrowings at ₹123Cr. Debt-to-equity ratio: 0.32x. Healthy balance sheet.
Institutional Flow
DIIs: 0.54% (+0.54pp change). FIIs: 0.85% (+0.78pp change). Promoters hold 69.86%.
Margin & Efficiency
ROCE improving from 14% (Mar 2014) to 27% (Mar 2025). Working capital days: 163.
Valuation
PE 7.02x with 26.7% ROCE. Price is 29% above book value of ₹61.1. Dividend yield: 0.96%.
Recent Announcements
- Board Meeting Intimation for Approval Of Audited Financial Results (Standalone & Consolidated) For The Quarter And Year Ended March 31, 2026 And Recommendation Of Final Dividend For The Financial Year Ended March 31, 2026. 14 May - Board meets May 20, 2026 to approve FY26 audited results, annual accounts, and possible final dividend.
- Announcement under Regulation 30 (LODR)-Acquisition 11 May - International Conveyors acquired 87,105 Jain Resource Recycling shares for cash consideration of ₹5 crore on May 11, 2026.
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 4 May
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 4 May
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 29 Apr - International Conveyors confirms non-applicability of SEBI Large Corporate framework; outstanding borrowing was Rs 8.71 crore on Mar 31, 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse