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Earnings Call

Thomas Scott (India) Earnings Call: Key Takeaways

Thomas Scott delivered strong revenue growth of 63% YoY in Q4 FY26, driven by a pivot toward a digital-first, multi-brand platform model and premiumization across its apparel portfolio.

Why this was an Alfa AlertManagement guided continued revenue growth at the historical pace (~60% CAGR) for FY27, exceeding the 50% growth threshold.
Highlights
Revenue growth63% YoY Q4 growth driven by online channels and international brands.
MarginsEBITDA margins expanded 105 bps to 13.1% through premiumization.
Demand visibilityStrong healthy demand across channels; premium segment showing high traction.
Management confidenceConfident, focusing on 'test and scale' digital-first model success.

Growth

Revenue grew 63% YoY in Q4 and 38% for FY26; EBITDA increased 72% YoY with margins expanding to 13.1%.

Outlook

Management expects continued 50-60% revenue growth in FY27, focusing on footwear and women's wear expansion.

Risks

High receivables at ₹86cr (34% of revenue) and a ₹22cr fire insurance claim pending represent significant liquidity/working capital pressure.

Source

Earnings Call filed with NSE, NSE: THOMASCOTT. Summary written with AI assistance from the document.

Read the document ↗

Thomas Scott (India) Ltd: key numbers

Share price
₹248.65
Market cap
₹369.3 Cr
Revenue (annual)
₹254.9 Cr
Net profit (annual)
₹19.30 Cr
P/E (TTM)
17.5×Sector 55.7×
Promoter holding
51.68%-0.64% QoQ
FII holding
0.12%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Thomas Scott (India) Ltd issued the notice for its 16th Annual General Meeting scheduled for September 29, 2026.