Thomas Scott India Ltd
NSE: THOMASCOTT BSE: 533941Textile
Incorporated in 2010, Thomas Scott (India) Ltd is in the business of apparel, textile and retail market[1]
₹262
52W: ₹230 — ₹474
PE 21.9 · Book ₹86 · +205% vs bookMarket Cap₹384 Cr
Stock P/E21.9Price to Earnings
ROCE20.4%Return on Capital
ROE16.4%Return on Equity
Div. Yield0%Face Value ₹10
Strengths
- +Company is expected to give good quarter
- +Company has delivered good profit growth of 54.0% CAGR over last 5 years
- +Company's median sales growth is 24.3% of last 10 years
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Promoter holding has decreased over last 3 years: -12.5%
Shareholding Pattern
Promoters52.32%
FIIs0.05%
DIIs2.45%
Public45.18%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 58.8% | 57.86%▼0.9 | 57.85%▼0.0 | 55.55%▼2.3 | 52.15%▼3.4 | 52.15% | 52.15% | 52.32%▲0.2 |
| FIIs | 0.32% | 0.3%▼0.0 | 0.58%▲0.3 | 0.84%▲0.3 | 0%▼0.8 | 0.02%▲0.0 | 0%▼0.0 | 0.05%▲0.1 |
| DIIs | 1.02% | 0.99%▼0.0 | 2.02%▲1.0 | 2.33%▲0.3 | 1.97%▼0.4 | 2.46%▲0.5 | 2.45%▼0.0 | 2.45% |
| Public | 39.86% | 40.86%▲1.0 | 39.54%▼1.3 | 41.27%▲1.7 | 45.88%▲4.6 | 45.37%▼0.5 | 45.4%▲0.0 | 45.18%▼0.2 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 22.97 | 21.65 | 25.72 | 27.34 | 40.67 | 45.4 | 47.62 | 53.89 | 56.93 | 66.25 |
| Expenses | 19.67 | 20.06 | 21.43 | 24.42 | 36.36 | 39.86 | 41.01 | 47.78 | 48.46 | 58.42 |
| Operating Profit | 3.3 | 1.59 | 4.29 | 2.92 | 4.31 | 5.54 | 6.61 | 6.11 | 8.47 | 7.83 |
| OPM % | 14.37% | 7.34% | 16.68% | 10.68% | 10.6% | 12.2% | 13.88% | 11.34% | 14.88% | 11.82% |
| Net Profit | 2.48 | 2.4 | 4 | 1.39 | 2.83 | 3 | 4.16 | 3.47 | 4.72 | 4.97 |
| EPS ₹ | 3.16 | 2.84 | 4.08 | 1.29 | 2.51 | 2.66 | 3.29 | 2.37 | 3.22 | 3.39 |
AI Insights
Revenue Trend
TTM revenue at ₹225Cr, up 56.3% YoY. OPM at 13%.
Debt Position
Borrowings at ₹27Cr. Debt-to-equity ratio: 0.24x. Healthy balance sheet.
Capex Cycle
CWIP at ₹1Cr (8% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 2.45% (+2.45pp change). FIIs: 0.05% (+0.05pp change). Promoters hold 52.32%.
Margin & Efficiency
ROCE improving from -15% (Mar 2014) to 20% (Mar 2025). Working capital days: 234.
Valuation
PE 21.9x with 20.4% ROCE. Price is 205% above book value of ₹86. Dividend yield: 0%.
Recent Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 29 Apr - Thomas Scott confirms it is not a large corporate under SEBI debt norms.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 3 Apr - Submitted Regulation 74(5) depository certificate for quarter ended March 31, 2026.
- Closure of Trading Window 24 Mar - Trading window closed from 1 April 2026 until 48 hours after audited results for year ending March 31, 2026.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 17 Mar - Thomas Scott to participate in 11th Annual Valorem Conference on 23 Mar 2026; no UPSI.
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 14 Mar - EGM on 12 March 2026 approved RPTs with Bang Overseas and Vedanta Creations; increased NRI investment limits.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse