NSE: CLCIND · BSE: 521082
CLC INDUSTRIES LIMITED
Operates in India's textiles and apparel sector, classified under "Other Textile Products" on Indian exchanges. In FY26, revenue from operations reached Rs 39,581.15 lakhs, up from Rs 6,162.30 lakhs in FY25, with filings attributing the jump to increased manufacturing activity. The business posted a net loss of Rs 876.48 lakhs and negative operating cash flow of Rs 825.35 lakhs, while carrying negative other equity of Rs 914.59 lakhs reflecting accumulated losses. Materials account for 21.7% of revenue, employee costs 0.5%, other operating expenses 7.9%, depreciation 0.9% and capex 0.7%. Promoter Manjeet Cotton Private Limited sold 5,19,720 shares in March 2026 at a Rs 17 floor price, reducing its stake from 95% to 90% to help meet minimum public shareholding norms. The company has disputed income tax demands totalling Rs 1,708.74 lakhs across multiple assessment years. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Textiles & Apparels. Small, loss-making textile business with negative equity
Exhibit 1: Financial summary, FY17–FY19 (all audited; no estimate years)
| ₹ crore · consolidated | FY17 | FY19 |
|---|---|---|
| Revenue | 480 | 245 |
| EBITDA (ex other income) | (183) | (53) |
| margin % | (38.1) | (21.7) |
| Owners' profit | (115) | 0 |
| EPS, as reported (₹) | (12.86) | (4.05) |
| ROE % · ROCE % | — · — | 4.3 · 2.0 |
| Debt / equity (x) | — | (0.37) |
| Cash from operations | — | — |
| Capex | — | — |
Exhibit 2: Quarterly performance, last 3 quarters
| ₹ crore | Q4 FY19 | Q1 FY20 | Q2 FY20 |
|---|---|---|---|
| Revenue | 29 | 13 | 12 |
| Profit before tax | 1 | (19) | (13) |
| Net profit | 1 | (19) | (13) |
| EPS (₹) | 0.30 | (2.07) | (1.43) |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| KPR MILL LTD. | 39,922 | 38.4 | 6.42 | 31.9 | 9.7 | 12.8 | 13.5 | 25.7 |
| WELSPUN LIVING LIMITED | 22,824 | 52.1 | 4.49 | 30.9 | 6.5 | 6.1 | 5.1 | 11.9 |
| VARDHMAN TEXTILES LIMITED | 14,767 | 14.3 | 1.33 | 13.4 | 6.0 | 6.8 | 10.0 | 19.6 |
| TRIDENT LIMITED | 12,205 | 25.5 | 2.50 | 16.0 | 6.8 | 7.4 | 8.1 | 18.2 |
| INDO COUNT INDUSTRIES LTD | 9,784 | 40.1 | 3.84 | 27.4 | 7.7 | 8.0 | 10.5 | 13.9 |
| GARWARE TECH FIBRES LTD | 7,001 | 29.9 | 4.98 | 24.5 | 8.8 | 10.8 | 8.1 | 17.3 |
| SANATHAN TEXTILES LIMITED | 4,725 | 77.9 | 2.52 | 21.8 | 4.1 | 3.5 | — | 8.1 |
| ALOK INDUSTRIES LIMITED | 4,181 | — | — | 1050.9 | 1.6 | (9.7) | (0.7) | 3.8 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| EBITDA margin | (133.0) | 6.9 | 201 of 208 | 3% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 2 Nov 2026 · Q2 and half-year profit turnaround; shareholder vote on related-party limits | board shareholder meetings | low | — | — |
| 26 Oct 2026 · Board to approve Q2 and half-year results on 2 November 2026 | board shareholder meetings | low | — | — |
| 17 Oct 2026 · Insider trading compliance certificate filed for Q2 FY27 | compliance | minimal | — | — |
| 12 Sept 2026 · 34th AGM: All 10 resolutions passed, including 7 related party transactions | board shareholder meetings | low | — | — |
| 19 Aug 2026 · CLC Industries publishes 34th AGM notice in newspapers | compliance | minimal | — | — |
| 17 Aug 2026 · CLC Industries FY26 Annual Report and AGM Notice filed with exchanges | investor communications | medium | — | — |
| 8 Aug 2026 · Newspaper publication of Q1 FY27 audited financial results | compliance | minimal | — | — |
| 7 Aug 2026 · Record date for MT purpose set as 04-Sep-2026 | corporate actions | medium | — | — |
| 7 Aug 2026 · CLC Industries Q1 FY27: revenue drops sharply but swings to profit | results | high | — | — |
| 27 Jul 2026 · Board meeting on Aug 7 to consider Q1 FY27 unaudited results | results | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.