Thomas Scott (India) Limited (THOMASCOTT) AI Stock Analysis

• Market Cap: ₹5.22B
• Dividend Yield: N/A
• Average Volume (3M): 3.13K
• Price to Earnings (P/E): 32.5
• Beta (1Y): 1.25
• Revenue Growth: 94.00%
• EPS Growth: -3.52%
• Country: IN
• Employees: 480
• Sector: Services
• Sector Strength: N/A
• Industry: Apparel - Manufacturers
• EPS (TTM): 2.50
• Shares Outstanding: 14,670,380
• 10 Day Avg. Volume: 2,597
• 30 Day Avg. Volume: 3,125
• PEG Ratio: -3.51
• Price to Book (P/B): 3.27
• Price to Sales (P/S): 2.15
• P/FCF Ratio: -7.33
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹383.00
• Price Target Upside: 7.60% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 65 Neutral
• Price Target: ₹383.00 ▲(7.60% Upside)

The overall stock score of 65 reflects strong financial performance driven by revenue growth and profitability, but is tempered by significant cash flow challenges. Technical analysis shows a balanced outlook with short-term bullish momentum. However, the high P/E ratio suggests overvaluation, impacting the stock's attractiveness.

Thomas Scott (India) Limited Business Overview & Revenue Model

Company Description

Thomas Scott (India) Limited manufactures and trades in garments and fabrics in India. It offers men's formal and casual wear. The company offers its products under the Hammersmith, Bang & Scott, Italian Gold, and Thomas Scott brands. Thomas Scott (India) Limited was incorporated in 2010 and is based in Mumbai, India.

How the Company Makes Money

Thomas Scott (India) Limited generates revenue primarily through the sale of its apparel products. The company's key revenue streams include wholesale distribution to retailers, direct sales through branded stores, and online sales via e-commerce platforms. Additionally, THOMASCOTT may engage in strategic partnerships with fashion designers and retailers to expand its market reach and enhance its brand visibility. The company's earnings are influenced by factors such as consumer fashion trends, seasonal demand, and competitive pricing strategies.

Thomas Scott (India) Limited Financial Statement Overview

Summary

Thomas Scott (India) Limited demonstrates strong revenue growth and profitability improvements, but cash flow issues pose a significant concern. The balance sheet shows stability with low leverage, yet the negative cash flows need to be addressed to ensure sustainable financial health.

Income Statement

Thomas Scott (India) Limited shows a strong revenue growth trajectory with a significant increase from 2021 to 2025. Gross profit and EBIT margins have improved, indicating enhanced operational efficiency. While the net profit margin has also risen, the volatility in EBIT indicates some operational challenges.

Balance Sheet

The company's debt-to-equity ratio is relatively stable, reflecting prudent financial management and low leverage. The return on equity (ROE) has improved over the years, showcasing better utilization of equity capital. However, the equity ratio indicates a lower proportion of equity financing, which could pose risks if liabilities increase.

Cash Flow

Cash flow performance is weak, with consistently negative operating and free cash flows, indicating liquidity challenges. The operating cash flow to net income ratio is concerning, suggesting that earnings are not being efficiently converted into cash flows.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.88B	1.61B	912.62M	627.89M	322.93M	214.60M
Gross Profit	802.67M	487.31M	283.97M	262.54M	95.09M	36.23M
EBITDA	233.10M	201.12M	129.03M	46.81M	14.17M	8.91M
Net Income	134.66M	127.98M	100.22M	28.79M	6.29M	-1.15M
Balance Sheet
Total Assets	0.00	1.41B	689.16M	681.02M	454.48M	364.36M
Cash, Cash Equivalents and Short-Term Investments	3.35M	3.35M	4.13M	67.96M	31.69M	1.68M
Total Debt	0.00	134.78M	58.97M	250.57M	312.00K	42.04M
Total Liabilities	-1.06B	349.88M	182.22M	537.59M	351.95M	324.17M
Stockholders Equity	1.06B	1.06B	506.94M	143.43M	102.53M	40.20M
Cash Flow
Free Cash Flow	0.00	-473.30M	-128.83M	-218.10M	19.06M	29.32M
Operating Cash Flow	0.00	-413.03M	-83.98M	-184.22M	31.28M	33.65M
Investing Cash Flow	0.00	-59.37M	20.64M	-31.85M	-11.28M	-4.33M
Financing Cash Flow	0.00	471.20M	64.84M	252.34M	10.02M	-28.14M

Thomas Scott (India) Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 355.95
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:THOMASCOTT, the sentiment is Positive. The current price of 355.95 is above the 20-day moving average (MA) of 348.68, above the 50-day MA of 341.76, and below the 200-day MA of 361.36, indicating a neutral trend. The MACD of 0.58 indicates Positive momentum. The RSI at 52.93 is Neutral, neither overbought nor oversold. The STOCH value of 23.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:THOMASCOTT.

Thomas Scott (India) Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
THOMASCOTT	65 Neutral	₹5.22B	32.49	―	―	94.00%	-3.52%
BSL	61 Neutral	₹1.66B	26.29	―	0.50%	-1.25%	-43.95%
BYKE	57 Neutral	₹3.54B	79.68	―	―	15.06%	-43.56%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
MBLINFRA	53 Neutral	₹6.45B	2.02	―	―	9.74%	-129.44%
GBGLOBAL	51 Neutral	₹32.48M	―	―	―	-11.82%	-38.53%
CCHHL	44 Neutral	₹2.88B	58.10	―	―	14.67%	―