Want to see IN:THOMASCOTT full AI Analyst Report?
Top Page
Thomas Scott (India) Limited
(THOMASCOTT)
Select Model
Select Model
Rating:62Neutral
Price Target:
₹318.00
▲(3.33% Upside)
Action:Reiterated
Date:10/02/26
The score is most constrained by weak cash-flow quality (negative operating and free cash flow over multiple years) alongside higher leverage, despite strong revenue growth and solid operating profitability. Technicals remain supportive with the stock trading above major moving averages, while valuation appears moderate based on the P/E.
Positive Factors
Strong Revenue Growth
Rapid revenue expansion indicates growing demand for the company’s apparel offering and broader market reach. If maintained, this scale can support stronger brand visibility, improve operating leverage, and provide a durable base for earnings growth over the next several quarters.
Negative Factors
Persistent Cash Burn
Persistent negative operating and free cash flow shows that reported earnings are not converting into internally generated funding. This can force reliance on external financing or working-capital support, limiting flexibility and increasing vulnerability if growth slows or funding costs rise.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
Rapid revenue expansion indicates growing demand for the company’s apparel offering and broader market reach. If maintained, this scale can support stronger brand visibility, improve operating leverage, and provide a durable base for earnings growth over the next several quarters.
Read all positive factors
Thomas Scott (India) Limited (THOMASCOTT) vs. iShares MSCI India ETF (INDA)
Market Cap
₹4.40B
Dividend YieldN/A
Average Volume (3M)2.92K
Price to Earnings (P/E)20.8
Beta (1Y)1.48
Revenue Growth42.24%
EPS Growth31.44%
CountryIN
Employees1,825
SectorGeneral
Sector StrengthN/A
IndustryApparel - Footwear & Accessories
Share Statistics
EPS (TTM)14.52
Shares Outstanding14,670,380
10 Day Avg. Volume3,402
30 Day Avg. Volume2,915
Financial Highlights & Ratios
PEG Ratio1.15
Price to Book (P/B)2.48
Price to Sales (P/S)1.34
P/FCF Ratio-8.94
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Thomas Scott (India) Limited Business Overview & Revenue Model
Company Description
Thomas Scott (India) Limited manufactures and trades in textile and textile related products in India. The company offers men's formal and casual wear, as well as semi-formal wear, such as business casual shirts. It sells its products under the Ha...
How the Company Makes Money
Thomas Scott (India) Limited primarily makes money by selling branded apparel under the Thomas Scott label. Its revenue is generated from the sale of garments through distribution/retail channels and, where applicable, online marketplaces/e-commer...
Thomas Scott (India) Limited Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
68
Positive
Cash Flow
33
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.67B | 2.55B | 1.61B | 912.62M | 627.89M | 322.93M |
| Gross Profit | 1.18B | 1.06B | 487.31M | 283.97M | 262.54M | 95.09M |
| EBITDA | 348.53M | 323.09M | 201.12M | 129.03M | 46.81M | 14.17M |
| Net Income | 211.37M | 193.04M | 127.98M | 100.22M | 28.79M | 6.29M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 2.38B | 1.41B | 689.16M | 681.02M | 454.48M |
| Cash, Cash Equivalents and Short-Term Investments | 2.77M | 2.77M | 3.35M | 4.13M | 67.96M | 31.69M |
| Total Debt | 0.00 | 464.43M | 134.78M | 58.97M | 250.57M | 312.00K |
| Total Liabilities | -1.37B | 1.00B | 349.88M | 182.22M | 537.59M | 351.95M |
| Stockholders Equity | 1.37B | 1.37B | 1.06B | 506.94M | 143.43M | 102.53M |
Cash Flow | ||||||
| Free Cash Flow | -222.64M | -380.78M | -473.30M | -128.83M | -218.10M | 19.06M |
| Operating Cash Flow | -200.45M | -294.23M | -413.03M | -83.98M | -184.22M | 31.28M |
| Investing Cash Flow | -22.34M | -76.33M | -59.37M | 20.64M | -31.85M | -11.28M |
| Financing Cash Flow | 223.11M | 370.24M | 471.20M | 64.84M | 252.34M | 10.02M |
Thomas Scott (India) Limited Technical Analysis
Positive
307.75
Price Trends
279.45
Positive
285.84
Positive
292.49
Positive
Market Momentum
-3.93
Negative
68.17
Neutral
71.69
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 307.75 is above the 20-day moving average (MA) of 248.13, above the 50-day MA of 279.45, and above the 200-day MA of 292.49, indicating a bullish trend. The MACD of -3.93 indicates Negative momentum. The RSI at 68.17 is Neutral, neither overbought nor oversold. The STOCH value of 71.69 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
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | ₹6.26B | 15.22 | ― | 0.21% | 3.90% | -4.63% | |
69 Neutral | ₹3.70B | 9.75 | ― | 17.01% | -36.83% | -1.24% | |
66 Neutral | ₹3.49B | 9.64 | ― | ― | -6.94% | 140.06% | |
62 Neutral | ₹4.40B | 20.80 | ― | ― | 42.24% | 31.44% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
50 Neutral | ₹3.63B | 9.79 | ― | 0.94% | 2.91% | 89.10% | |
47 Neutral | ₹2.94B | -18.88 | ― | ― | 107.63% | 30.42% |
* General Sector Average
IN:THOMASCOTT
Thomas Scott (India) Limited
299.95
-56.00
-15.73%
IN:ASHIMASYN
Ashima Limited
15.36
-7.41
-32.54%
IN:BANSWRAS
Banswara Syntex Ltd
106.15
-20.62
-16.27%
IN:GINNIFILA
Ginni Filaments Limited.
40.70
-4.55
-10.06%
IN:NDL
Nandan Denim Limited
2.57
-0.81
-23.96%
IN:ORBTEXP
Orbit Exports Ltd
244.00
59.89
32.53%
Thomas Scott (India) Limited Corporate Events
Thomas Scott (India) Limited posts Q1 FY 2026-27 earnings call recording for investors
Aug 17, 2026
Thomas Scott (India) Limited has notified the stock exchanges that the audio recording of its Q1 and FY 2026-27 earnings call held on August 17, 2026 is now available on the company’s website. By formally hosting and disclosing access to the...
Thomas Scott (India) Publishes Q1 FY27 Unaudited Results in Newspapers
Aug 16, 2026
Thomas Scott (India) Limited is an Indian listed company whose stock trades on BSE and NSE under the symbol THOMASCOTT, operating under SEBI’s disclosure and listing framework for public companies. Its regulatory environment obliges it to re...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.