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    Mallcom (India) Limited

    Kolkata-based integrated manufacturer of head-to-toe personal protective equipment (PPE) — helmets, gloves, safety shoes, garments and masks — exported to 55+ countries.

    Capital Goods
    Industrials
    View MALLCOM earnings calls

    Overview

    Price

    Market Cap

    ₹648 Cr

    Sector

    Capital Goods

    Industrials

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital66666666
    Reserves104135162197231292305312
    Borrowings3657539193116115120
    Other Liabilities5154546058786574
    Total Liabilities197253275354388493492512
    AssetsFixed Assets435263107124129218224
    CWIP315158107420
    Investments2119027151376
    Other Assets130167197212239277265282
    Total Assets197253275354388493492512

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating2138191536235
    Cash from Investing-14-21-12-2-75-10-43-32
    Cash from Financing-7-1418-133-415-6
    SummaryCapital Expenditure
    Free Cash Flow1332-5-228-18-500
    FCF Margin

    Valuation

    Assumptions

    Current — MALLCOM
    Price
    ₹1,099
    EPS (TTM)
    ₹48.15
    PE (TTM)
    22.8
    Profit growth
    -6.9%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (20.0×) and current (22.8×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹1,099
    vs
    Fair value · 15% return
    ₹267
    76%Overvalued

    At -6.9% growth and a 20× exit, ₹1099 only delivers your return if you pay ₹267. The price is currently baking in 20% growth.

    EPS grows -6.9%/yr for 5 years, then fades to 6% over 2, exits at 20×.

    YearGrowthEPS (₹)
    FY27-6.9%44.83
    FY28-6.9%41.73
    FY29-6.9%38.85
    FY30-6.9%36.17
    FY31-6.9%33.68
    FY32-0.5% ·fade33.53
    FY336.0% ·fade35.54

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Mallcom (India) Limited

    Guides on how to read this kind of business and the numbers that matter.