THOMASCOTT

Thomas Scott (India) financials

Market cap
₹420 Cr
Sector
Textiles
Calls analysed
4
Latest concall · Q1 FY27 · call held 17 Aug 2026

Thomas Scott (India) Limited Q1 FY27

Revenue from Operations ₹66 cr +22%EBITDA ₹9 cr +43%EBITDA Margin 13.07% Profit After Tax ₹5 cr +54%

What went well

  • Revenue from operations grew 22% year-on-year to INR 66 crores.
  • EBITDA increased 43% year-on-year to INR 9 crores, with EBITDA margins at 13.07%.
  • Profit after tax grew 54% year-on-year to INR 5 crores, achieving PAT margins of 8.21%.

What to watch

  • Subdued price elasticity to demand in Q1, reflecting cautious consumer sentiment against a challenging global macroeconomic backdrop.
  • Finance costs increased approximately 3x YoY to INR 1 crore due to elevated working capital loans taken after a fire incident involving INR 21 crore worth of stock.
Read the full call →

Guidance record · Q1 FY27

what the last two calls moved 13 tracked 3 delivered 4 missed 6 open
  • ROCE went quiet said Q4 FY26 Promised: What we are working on as well is in terms of improving our working capital, increasing our return on capital employed through smarter intervention. Q1 FY27: No specific ROCE figure was disclosed for the quarter to track progress against the FY26 baseline of 22.31%.
  • Revenue Growth at risk said Q4 FY26 Promised: So, we are working to make the top line growth continue the same as last year. So, we are working to increase our revenue growth in that fashion. Q1 FY27: Q1 revenue grew 22% YoY. This is significantly below the pace required to achieve the full-year target of ~58%. Management reiterated the goal to match the growth pace of the 'last two years'.
  • Long-term Receivable Days on track said Q3 FY26 Promised: long-term receivable days would settle at somewhere around 60-days Q1 FY27: Management noted that elevated working capital loans and finance costs persist due to the pending insurance claim, which is the root cause of working capital pressure. No specific update on receivable days was provided.

All 13 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 22.1%, net profit up 56.8% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue41 45 48 54 57 +40%66 +46%78 +63%66 +22%
EBITDA4 6 7 6 8 +97%8 +41%11 +67%9 +40%
Net profit3 3 4 3 5 +67%5 +66%6 +45%5 +57%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −30.2% 1Y

₹250₹300₹350₹400₹450Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 14 Nov 2025Q3 FY26 — 16 Feb 2026Q4 FY26 — 3 Jun 2026Q1 FY27 — 17 Aug 2026

1Y: ₹340.15 on 10 Sept 2025 → ₹237.55. High ₹452.9 (13 Nov 2025), low ₹235.5 (30 Mar 2026).

How the price took the results

close before → close after

Q1 FY27
−13.2%
17 Aug
Q4 FY26
−3.7%
3 Jun
Q3 FY26
−2.1%
16 Feb
Q2 FY26
−7.6%
14 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue grew 59.5% a year over 3 years, FY23 to FY26. Operating margin widened to 13.1%.

Year endingFY23FY24FY25FY26
Revenue₹63 Cr₹89 Cr₹161 Cr₹255 Cr
Operating profit₹5 Cr₹10 Cr₹19 Cr₹33 Cr
Operating margin7.4%11.7%12.0%13.1%
Interest₹1 Cr₹2 Cr₹2 Cr₹3 Cr
Depreciation₹1 Cr₹1 Cr₹2 Cr₹3 Cr
Net profit₹3 Cr₹10 Cr₹11 Cr₹19 Cr
Net margin4.6%11.3%7.1%7.5%
Cash from operations₹-18 Cr₹-8 Cr₹-39 Cr₹-27 Cr
Free cash flow₹-22 Cr₹-13 Cr₹-45 Cr₹-34 Cr
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹3 Cr₹6 Cr₹6 Cr₹10 Cr₹15 Cr₹15 Cr
Reserves₹1 Cr₹5 Cr₹8 Cr₹41 Cr₹112 Cr₹123 Cr
Borrowings₹4 Cr₹0 Cr₹5 Cr₹6 Cr₹27 Cr₹46 Cr
Other liabilities₹28 Cr₹35 Cr₹49 Cr₹12 Cr₹27 Cr₹54 Cr
Total liabilities₹36 Cr₹45 Cr₹68 Cr₹69 Cr₹179 Cr₹238 Cr
Fixed assets₹1 Cr₹2 Cr₹4 Cr₹8 Cr₹12 Cr₹13 Cr
Capital work in progress₹0 Cr₹0 Cr₹1 Cr₹0 Cr₹1 Cr₹4 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Other assets₹35 Cr₹43 Cr₹63 Cr₹61 Cr₹167 Cr₹221 Cr
Total assets₹36 Cr₹45 Cr₹68 Cr₹69 Cr₹179 Cr₹238 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, the public trimmed −0.69 pp while DIIs added +0.48 pp. The shareholder count grew 10% to 10,486.

Promoters
52.3%
FIIs
0.0%
DIIs
2.5%
Public
45.2%

Since Jun 2025

  • Public −0.69 pp
  • DIIs +0.48 pp
  • Promoters +0.17 pp

How it drifted, 12 quarters

Over this window promoters fell from 69.6% to 52.3% — −17.3 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 69.6%, FIIs 1.3%, Public 29.1%.Dec '23: Promoters 64.5%, FIIs 1.1%, Public 34.4%.Mar '24: Promoters 60.1%, FIIs 0.7%, DIIs 0.6%, Public 38.6%.Jun '24: Promoters 58.8%, FIIs 0.3%, DIIs 1.0%, Public 39.9%.Sep '24: Promoters 57.9%, FIIs 0.3%, DIIs 1.0%, Public 40.9%.Dec '24: Promoters 57.9%, FIIs 0.6%, DIIs 2.0%, Public 39.5%.Mar '25: Promoters 55.5%, FIIs 0.8%, DIIs 2.3%, Public 41.3%.Jun '25: Promoters 52.1%, DIIs 2.0%, Public 45.9%.Sep '25: Promoters 52.1%, FIIs 0.0%, DIIs 2.5%, Public 45.4%.Dec '25: Promoters 52.1%, DIIs 2.5%, Public 45.4%.Mar '26: Promoters 52.3%, FIIs 0.1%, DIIs 2.5%, Public 45.2%.Jun '26: Promoters 52.3%, FIIs 0.0%, DIIs 2.5%, Public 45.2%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Thomas Scott (India) Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Brijgopal Bang 22.54%unchanged
Vandana Brijgopal Bang 11.59%unchanged
Shankar Sharma 6.67%−1.45 pp
Vedant Bang 3.67%unchanged
Mohit Khullar 3.20%−1.57 pp
Akshita Shrivardhan Bang 2.73%unchanged
Laxminiwas Bang 2.40%unchanged
Krishna Kumar Bang 2.22%unchanged
Ashish Kacholia 2.10%unchanged
Suresh Kumar Agarwal 2.10%unchanged
Niveshaay Hedgehogs Fund AIF2.03%unchanged
Ramanuj Das Bang 1.91%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

All earnings calls (4)

Read the Q1 FY27 call →

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