INTLCONVIndustrials

International Conveyors Limited

Industrial Products · ISIN INE575C01027 · BSE 509709 · NSE EQ · FV ₹1
Last price
₹76
+1.46%today
What this company does

International Conveyors Limited operates in Industrial Products, part of the Industrials sector. It booked ₹35 cr of revenue in its latest quarter (Q1 FY27) and kept 339.2% of sales as profit.

Your Company is engaged in the manufacturing and marketing of solid woven fabric reinforced PVC impregnated and PVC covered fire retardant, anti-static Conveyor Belting in India since 1978 having a rich and valuable experience of around 45 years guided by core human values.
In the report:
85out of 100
Equitytale Health Score
Fortress

Healthier than 85% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 51–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
46

At close. Not part of the score.

Profitability & returns100

How much profit it earns on the money it employs · highest in its sector on what we could measure

Balance sheet78

How much it owes, and whether earnings cover the interest

Cash quality69

Whether reported profit actually arrives as cash

Growth & consistency63

Whether sales and profit have grown, and how steadily

Valuation96

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 339% net margin
Profit up 130% vs last year
Promoters hold 70%
No promoter shares pledged
Strong 113% return on equity
Watch-outs
! Operating cash flow is negative

What if I invest in INTLCONV?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹76 +1.46%
latest close · 2026-09-17
1-year return
+4.4%
52-wk low ₹5252-wk high ₹102
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio1.0Low
LowAverageHigh
P/B ratio1.15Moderate
Below bookModerateHigh
EV / EBITDA0.9Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity112.9%Strong
WeakFairStrong ▸15%
Return on capital131.5%Strong
WeakFairStrong
Net margin339.2%Strong
ThinDecentStrong
EBITDA margin436.5%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.17Comfortable
LowModerateHigh ▸1
Interest cover82.2×Strong
RiskyOkayStrong ▸5×
Current ratio4.92Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹488 cr
Book value
₹67
EPS
₹18.79
latest quarter
Net debt
₹64 cr
owes more than its cash
Enterprise value
₹552 cr
EBITDA
₹617 cr
annualised
EBIT
₹615 cr
annualised
Operating margin
435.2%
Return on assets
84.3%
Earnings yield
98.26%
P/S
3.45
Sales / share
₹22.1
Tax rate
21.1%
Face value
₹1
Shares
6.4 cr
Working capital
₹397 cr
Current assets
₹498 cr
Current liabilities
₹101 cr
Delivery %
60.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks underpricedMedium confidence
Median of 3 models ₹116 vs market price ₹76 — price is 34% below it
Safety cushion+34.1%(target ≥ +20%)
Models span ₹70₹121, midpoint ₹116
Model ₹116
Price ₹76
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹35 cr
Other Income₹147 cr
Total Income₹182 cr
Cost of Materials₹26 cr
Purchases of Stock-in-Trade₹13 cr
Inventory Change (±)₹-28 cr
Employee Benefit Expense₹3 cr
Finance Costs₹2 cr
Depreciation & Amortisation₹45 L
Other Expenses₹14 cr
Total Expenses₹31 cr
Profit before Tax₹152 cr
Tax Expense₹32 cr
Net Profit₹120 cr
Net margin on total income65.7%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹11 cr6.2%
Employee benefit expense₹3 cr1.6%
Finance costs₹2 cr1.0%
Depreciation & amortisation₹45 L0.2%
Other expenses₹14 cr7.7%
Tax expense₹32 cr17.6%
Profit for the period₹120 cr65.7%
Total income ₹182 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue35 cr97 cr35 cr
Total income71 cr87 cr182 cr
Expenses32 cr81 cr31 cr
Profit before tax39 cr6 cr152 cr
Tax9 cr2 cr32 cr
Net profit (owners' share)30 cr4 cr120 cr
Net margin (owners' share, on revenue)84.0%4.1%339.2%
EPS (₹)4.680.6318.79
YoY (latest quarter): total income +79.9% · net profit +130.1%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹569 cr
Shareholder equity
₹424 cr
parent shareholders
Total debt
₹73 cr
Cash
₹9 cr
Cash flow · H1 FY26
Operating
₹-6 cr
Investing
₹-21 cr
Financing
₹23 cr
Peer comparison
Industrial Products · by market value
CompanyPriceMarket capP/E
INDO-MIM Limited₹993₹48,086 cr50.1
Aditya Infotech Limited₹3,378₹39,814 cr70.0
Syrma SGS Technology Limited₹1,618₹31,158 cr77.9
Honeywell Automation India Limited₹33,915₹29,845 cr49.7
Kaynes Technology India Limited₹3,520₹23,596 cr104.5
Jyoti CNC Automation Limited₹981₹22,305 cr97.7
LMW Limited₹18,170₹19,406 cr87.4
Tega Industries Limited₹1,920₹14,425 cr
LLOYDS ENGINEERING WORKS LIMITED₹80₹11,801 cr42.7
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.65%
trailing 12 months
Dividend / share (TTM)
₹0.5
Last dividend
₹0.5
ex 17 Sep 2026
ActionDetailEx-date
Dividend₹0.5 / share17 Sep 2026
Dividend₹0.75 / share17 Sep 2025
Dividend₹1.1 / share20 Sep 2024
Dividend₹1.1 / share22 Sep 2023
Dividend₹1 / share22 Sep 2022
Dividend₹1 / share16 Sep 2021
Who owns it · 2026-06-30
No pledge
Promoter
70.2%
FII / Foreign
0.6%
DII / Domestic
0.5%
Retail / others
28.6%
Promoter stake down 0.4% over the last 12 quarters.
Smart-money activity
Insider trades
SoldI.G.E. (India) Private Limited · Promoters24.15 L · ₹19.0 cr30 Mar 26
BoughtAmaranth Daksha Private Limited · Promoter Group24.15 L · ₹19.0 cr30 Mar 26
BoughtUdit Sethia · Director4.02 L · ₹1.1 cr22 Dec 25
Bulk / block deals
BoughtGRAVITON RESEARCH CAPITAL LLP · NSE4.03 L @ ₹106.624 Sep 24
SoldGRAVITON RESEARCH CAPITAL LLP · NSE4.03 L @ ₹106.9724 Sep 24
BoughtGRAVITON RESEARCH CAPITAL LLP · NSE3.62 L @ ₹90.8616 Sep 24
Stake changes
BoughtCTL Trusteeship Limited acting as Debenture Trustee on behalf of Debenture Holders→ 50.69% · 3.23 cr17 Jun 26
SoldI G E ( India) Private LTd · promoter→ 65.84% · 24.15 L30 Mar 26
BoughtAmaranth Daksh Pvt LTd and Elpro International Limited · promoter→ 69.86% · 25.61 L30 Mar 26
Promoter pledges
PledgedCTL Trusteeshi p Limited acting as Debenture Trustee on behalf of Debenture Holders6.28 L · 0.00% held17 Jun 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 24 Sep 2025
See the official result
1
Adoption of audited financial statements of the Company for the financial year ended 31st March, 2025, and the reports of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
10.40 L votes for, 405 against
2
Declaration of dividend on Equity Shares for the financial year ended 31st March, 2025.The Board of Directors has recommended a Dividend Of Rs 0.75 per equity share of Re 1 each fully paid up.
Backed by 100% of shareholders other than promotersneeded 50%
10.40 L votes for, 354 against
3
To appoint a Director in place of Shri Surbhit Dabriwala (DIN-00083077), who retires by rotation and being eligible, offers himself for re-appointment
Promoters had a personal stake in this
Backed by 99% of shareholders other than promotersneeded 50%
10.35 L votes for, 5,427 against
4
Appointment of M/s Rajesh Kumar Shaw & Co., Company Secretaries, to conduct Secretarial Audit for a term of 5 (Five) consecutive years and authorize the Board of Directors to fix remuneration.
Backed by 100% of shareholders other than promotersneeded 50%
10.40 L votes for, 405 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 11 named members
owning 70.2% between them · as of 2026-06-30
I G E (INDIA) PRIVATE LIMITED45.92%
SURBHIT DABRIWALA12.67%
AMARANTH DAKSHA PRIVATE LIMITED3.79%
DABRI PROPERTIES & TRADING CO PVT. LTD.2.80%
ELPRO INTERNATIONAL LIMITED2.06%
SMITI SOMANY1.24%
R.C.A LIMITED0.98%
YAMINI DABRIWALA0.56%
Business done with them
FY2025 · 4 of the group
The company paid ₹174 cr to companies in the promoter group last year — about 114.8% of its ₹152 cr revenue.
I G E (INDIA) PRIVATE LIMITED
Contribution made to them · Interest on loan Received, Loan Given, Repayment of Loan & Reimbursement of Expense
also owns 45.92% of the company
₹129 cr
company paid
R. C. A. LIMITED
Contribution made to them · Rent, Interest on Loan received, Inter Corporate Deposit Loan given and Repayment of Loan
also owns 0.98% of the company
₹45 cr
company paid
DABRI PROPERTIES & TRADING CO PRIVATE LTD
Contribution made to them · Interest on Loan Received
also owns 2.80% of the company
₹69.7 L
company paid
ELPRO INTERNATIONAL LIMITED
Contribution made to them · Purchase of Materials/Services
also owns 2.06% of the company
₹28.7 L
company paid

The company also transacted with 3 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.