THOMASCOTTConsumer Discretionary

Thomas Scott (India) Limited

Garments & Apparels · ISIN INE480M01011 · BSE 533941 · NSE EQ · FV ₹10
Last price
₹235
+0.47%today
What this company does

Thomas Scott (India) Limited operates in Garments & Apparels, part of the Consumer Discretionary sector. It booked ₹66 cr of revenue in its latest quarter (Q1 FY27) and kept 8.3% of sales as profit.

In the report:
63out of 100
Equitytale Health Score
Mixed

Healthier than 63% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 69–421 companies that reported it.

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

Price momentum
oversold
RSI (14)
29

At close. Not part of the score.

Profitability & returns76

How much profit it earns on the money it employs

Balance sheet57

How much it owes, and whether earnings cover the interest

Cash quality16

Whether reported profit actually arrives as cash

Growth & consistency88

Whether sales and profit have grown, and how steadily

Valuation52

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

Governance & risk87

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 22% vs last year
Profit up 57% vs last year
Promoters hold 52%
Strong 16% return on equity
Watch-outs
! 4.6% of promoter stake pledged
! Operating cash flow is negative

What if I invest in THOMASCOTT?

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 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — 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 We do not publish price targets or predict returns.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
₹235 +0.47%
latest close · 2026-09-17
1-year return
+1142.9%
52-wk low ₹1752-wk high ₹368
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 ratio15.8Average
LowAverageHigh
P/B ratio2.51Moderate
Below bookModerateHigh
EV / EBITDA11.5Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity15.8%Strong
WeakFairStrong ▸15%
Return on capital22.6%Strong
WeakFairStrong
Net margin8.3%Decent
ThinDecentStrong
EBITDA margin13.0%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.34Comfortable
LowModerateHigh ▸1
Interest cover8.0×Strong
RiskyOkayStrong ▸5×
Current ratio2.23Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹345 cr
Book value
₹94
EPS
₹3.71
latest quarter
Net debt
₹46 cr
owes more than its cash
Enterprise value
₹391 cr
EBITDA
₹34 cr
annualised
EBIT
₹31 cr
annualised
Operating margin
12.0%
Return on assets
9.2%
Earnings yield
6.32%
P/S
1.31
Sales / share
₹179.5
Tax rate
21.0%
Face value
₹10
Shares
1.5 cr
Working capital
₹121 cr
Current assets
₹219 cr
Current liabilities
₹98 cr
Delivery %
59.9%
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
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹12₹30, midpoint ₹21

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₹66 cr
Other Income₹0.36 L
Total Income₹66 cr
Cost of Materials₹24 cr
Purchases of Stock-in-Trade₹19 cr
Inventory Change (±)₹-17 cr
Employee Benefit Expense₹4 cr
Finance Costs₹98.9 L
Depreciation & Amortisation₹65.3 L
Other Expenses₹27 cr
Total Expenses₹59 cr
Exceptional Items₹-3.7 L
Profit before Tax₹7 cr
Tax Expense₹1 cr
Net Profit₹5 cr
Net margin on total income8.3%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹26 cr39.4%
Employee benefit expense₹4 cr6.1%
Finance costs₹98.9 L1.5%
Depreciation & amortisation₹65.3 L1.0%
Other expenses₹27 cr41.6%
Tax expense₹1 cr2.2%
Profit for the period₹5 cr8.3%
Total income ₹66 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue66 cr78 cr66 cr
Total income66 cr78 cr66 cr
Expenses60 cr69 cr59 cr
Profit before tax6 cr8 cr7 cr
Tax1 cr2 cr1 cr
Net profit (owners' share)5 cr6 cr5 cr
Net margin (owners' share, on revenue)7.5%7.7%8.3%
EPS (₹)3.394.223.71
YoY (latest quarter): total income +22.1% · net profit +56.9%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹238 cr
Shareholder equity
₹137 cr
parent shareholders
Total debt
₹46 cr
Cash
₹5.4 L
Cash flow · H1 FY25
Operating
₹-15 cr
Investing
₹-4 cr
Financing
₹20 cr
Peer comparison
Garments & Apparels · by market value
CompanyPriceMarket capP/E
Page Industries Limited₹35,020₹39,061 cr50.6
Arvind Limited₹542₹14,198 cr66.4
Gokaldas Exports Limited₹728₹5,331 cr30.1
Pearl Global Industries Limited₹1,143₹5,279 cr13.1
Lux Industries Limited₹1,043₹3,263 cr35.4
Kewal Kiran Clothing Limited₹490₹3,036 cr20.4
S. P. Apparels Limited₹1,003₹2,522 cr25.4
Kitex Garments Limited₹121₹2,406 cr
SBC Exports Limited₹48₹2,298 cr60.3
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-09-01
4.6% pledged
Promoter
51.7%
FII / Foreign
0.1%
DII / Domestic
1.6%
Retail / others
46.6%
Promoter stake down 6.2% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtVedant Bang · Promoters25,000 · ₹62.5 L11 Mar 26
SoldVandana Bang · Promoter Group6.25 L · ₹5.1 cr7 May 25
BoughtVandana Bang · Promoter Group6.25 L · ₹5.1 cr7 May 25
Bulk / block deals
BoughtSILVERLEAF CAPITAL SERVICES PRIVATE LIMITED · NSE95,347 @ ₹355.7510 Aug 26
SoldSILVERLEAF CAPITAL SERVICES PRIVATE LIMITED · NSE95,347 @ ₹355.8210 Aug 26
SoldSTELLAR WEALTH PARTNERS INDIA FUND I LP · NSE62,568 @ ₹297.42 Jun 25
Stake changes
BoughtVedant Brijgopal Bang · promoter→ 3.67% · 25,00011 Mar 26
BoughtShankar Sharma→ 8.99% · 6.50 L7 May 25
BoughtVandana Bang along with PAC · promoter→ 225.95%7 May 25
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.

Special shareholder meeting · 12 Mar 2026
See the official result
1
To approve the Material Related Party Transaction with Bang Overseas Limited
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
69,681 votes for, 11 against
2
To approve the Material Related Party Transaction with Vedanta Creations Limited
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
69,681 votes for, 11 against
3
To approve the increase in investment limits for non-resident Indian and overseas citizens of India
Backed by 100% of shareholders other than promotersneeded 75%
69,682 votes for, 10 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 — 35 named members
owning 51.7% between them · as of 2026-09-01
BRIJGOPAL BANG22.26%
VANDANA BRIJGOPAL BANG11.45%
VEDANT BANG3.62%
AKSHITA SHRIVARDHAN BANG2.69%
LAXMINIWAS BANG2.37%
KRISHNA KUMAR BANG2.19%
RAMANUJ DAS BANG1.89%
RANGNATH SHIVNARAYAN BANG1.10%

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.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

Money raised in May 2025 by selling shares to selected investors

The company has not broken this money down into purposes in its filing for Mar 2026, so there is nothing to measure it against yet.

The amount this filing states as raised is many times the whole company’s market value, so it is almost certainly entered in the wrong unit. We show the purposes and how far along each one is, and leave the rupee figures out rather than repeat a number that cannot be right.

Money raised in Mar 2025 by selling shares to selected investors

The company has not broken this money down into purposes in its filing for Mar 2025, so there is nothing to measure it against yet.

The amount this filing states as raised is many times the whole company’s market value, so it is almost certainly entered in the wrong unit. We show the purposes and how far along each one is, and leave the rupee figures out rather than repeat a number that cannot be right.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

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