Manufacturer of card clothing — a wire-based component used in textile spinning/carding — sold in India and exported, with a UK manufacturing subsidiary, Garnett Wire Limited.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Reserves | 54 | 66 | 257 | 233 | 240 | 332 | 341 | 337 |
| Borrowings | 18 | 22 | 19 | 21 | 25 | 17 | 5 | 3 |
| Other Liabilities | 24 | 21 | 20 | 22 | 21 | 21 | 24 | 20 |
| Total Liabilities | 100 | 114 | 301 | 281 | 292 | 377 | 376 | 367 |
| AssetsFixed Assets | 33 | 42 | 51 | 49 | 35 | 34 | 33 | 26 |
| CWIP | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Investments | 15 | 8 | 30 | 150 | 182 | 250 | 274 | 271 |
| Other Assets | 52 | 64 | 220 | 82 | 74 | 93 | 67 | 69 |
| Total Assets | 100 | 114 | 301 | 281 | 292 | 377 | 376 | 367 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -35 | -11 | -2 | -0 | 3 | 2 | -17 | -16 |
| Cash from Investing | 36 | 13 | -2 | 167 | -121 | -21 | 58 | -4 |
| Cash from Financing | -1 | 2 | 17 | -5 | -31 | -2 | -12 | -14 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -39 | -12 | -14 | 214 | -2 | -4 | 63 | -19 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
INDIANCARD · CYCLICAL_UNMODELABLE
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