INDTERRAIN · Indian Terrain Fashions Ltd · Apparel/Accessories
INDTERRAIN · Indian Terrain Fashions Ltd · Apparel/Accessories
As of 06 Nov close
52-week range
33.4% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 53 days old
Revenue (latest Q)
₹82 Cr
Revenue YoY
PAT YoY
+86.6%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
0.8
P/S (TTM)
0.4
Sector P/E
Not available from data source
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| INDTERRAIN (this stock) | 408.4 | 0.8 | +0.1% | +0.2% | 0.55 | 0.0% |
| Page Industries | 61.1 | 25.7 | +14.1% | +50.3% | 0.18 | +1.7% |
| Vardhman Textiles | 21.4 | 1.5 | +8.3% | +8.1% | 0.18 | +0.9% |
| Pearl Global Industries | 34.7 | 6.6 | +5.4% | +21.2% | 23.18 | +0.8% |
Promoter
stable
FII
stable
MF
0.29% (-3.33pp)
falling 1q
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: Indian Terrain Fashions Limited reported its investor presentation for the quarter ended 30th June 2026, highlighting a revenue increase of 18.8% year-on-year to ₹81.74 crore. The presentation noted a gross margin expansion to 41.0%, up 193 basis points, and a significant rise in EBITDA to ₹7.57 crore, reflecting a 233.5% increase. Management commented on a return to positive Profit Before Tax at ₹0.14 crore, compared to a loss of ₹6.04 crore in the same quarter last year. The company emphasized operational discipline, improved channel performance, and a focus on omni-channel presence. Despite a softening consumer sentiment from mid-May, management indicated a commitment to profitable growth through product innovation and category expansion. The presentation also discussed challenges such as rising input costs and cautious consumer spending, while expressing a constructive view on demand for the upcoming festive season.
The tone reflected both positive financial results and caution regarding market conditions.
Sourced from an exchange-filed presentation, dated 01 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Indian Terrain Fashions Limited reported revenue of ₹81.74 crore for Q1 FY'27, up 18.8% YoY, driven by growth in Online, Large Format Outlets, and Exclusive Retail channels. Gross margin expanded by 193 bps to 41.0%, lifting EBITDA to ₹7.57 crore, a 233.5% increase YoY, and returning Profit Before Tax to ₹0.14 crore from a loss of ₹6.04 crore. Gross working capital days reduced by 33 days YoY to 294. Management attributed the performance to disciplined merchandising, channel optimization, and cost control. The company noted a shift in consumer spending toward branded apparel and a focus on profitable growth. Looking ahead, management highlighted plans to expand the order book, innovate product offerings, and capitalize on premium casualwear opportunities, while monitoring input costs and consumer sentiment. The company's store network includes 176 exclusive doors across India and one international store, with an omni-channel presence across multiple formats. The stock is listed on NSE and BSE with a market cap of ₹165.43 crore.
The document highlights strong revenue growth, margin expansion, and improved profitability, with management emphasizing disciplined operations and strategic initiatives.
Sourced from an exchange-filed presentation, dated 01 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation for Indian Terrain Fashions Limited reported on the company's financial results for the quarter and financial year ended March 31, 2026. Management highlighted that FY'26 was a year of execution, stabilization, and recovery, with a shift in focus towards building a sustainable business with stronger margins. Revenue from operations for Q4 grew by 19%, and full-year revenue increased to ₹377.7 Cr, up from ₹340.6 Cr in FY'25. EBITDA improved significantly by 160% in Q4, and the company achieved a profit before tax of ₹3.5 Cr in Q4 compared to a loss in the previous year. The presentation noted ongoing improvements in inventory productivity and operational efficiencies, alongside a focus on omni-channel expansion and brand visibility. Management expressed cautious optimism regarding growth prospects, supported by improving consumer sentiment and premiumization trends.
Management emphasized recovery and improvements in financial performance.
Sourced from an exchange-filed presentation, dated 16 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation from Indian Terrain Fashions Limited reported on the company's Q3 FY'26 performance, highlighting stable revenues of ₹101.4 Cr and a return to profitability with a positive PAT of ₹2.5 Cr after six quarters of losses. Management noted that the recovery was supported by improved consumer sentiment, festive demand, and strategic decisions such as rationalizing underperforming stores. The presentation detailed a focus on higher-margin channels and operational efficiency, with significant growth in online sales. Key metrics showed improvements in gross margins and EBITDA, reflecting the impact of ongoing initiatives. The document also outlined positive industry trends and a favorable macroeconomic environment, suggesting a supportive backdrop for future growth. Management set a goal of continuing to enhance revenue quality and channel profitability while expanding the store network selectively.
Management emphasized recovery and growth in financial performance.
Sourced from an exchange-filed presentation, dated 16 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation by Indian Terrain Fashions Limited for the quarter and nine months ended December 31, 2025, reported stable revenues of ₹101.4 crore, marking a 4.7% year-over-year increase. Management highlighted a return to profitability with a profit before tax (PBT) of ₹4.1 crore and a positive profit after tax (PAT) of ₹2.5 crore, ending six consecutive quarters of losses. The presentation noted improvements in gross margins and working capital efficiency, driven by strategic initiatives such as rationalizing underperforming stores and enhancing channel mix. Management emphasized the positive impact of festive demand and GST reforms on consumer spending. The company plans to focus on sustainable growth through disciplined expansion and improved product offerings, while also enhancing brand visibility through collaborations and customer engagement initiatives. Overall, the document conveyed a sense of recovery and optimism regarding future performance.
Management emphasized recovery and profitability improvements.
Sourced from an exchange-filed presentation, dated 05 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedIndian Terrain Fashions Limited reported improved financial performance for FY2025-26, with revenue from operations increasing by 10.88% year-over-year, driven by better channel mix and operational efficiencies. Management emphasized profitability improvements through stronger gross margins, cost rationalization, and inventory optimization. Strategic priorities include expanding MBO networks, enhancing online profitability, and improving inventory productivity. The board highlighted a shift toward sustainable growth with disciplined capital allocation and a focus on long-term value creation, while no dividend was declared for the year.
- Shift from scale-focused growth to sustainable business with stronger margins and disciplined capital allocation
- Expansion of MBO networks and omni-channel formats for scalable growth
- Improvements in inventory productivity and operational efficiencies
- Focus on product innovation and brand-building initiatives
- Emphasis on long-term value creation through agile merchandising and strategic execution
Key takeaway: Indian Terrain Fashions Limited is transitioning to a more sustainable and profitable business model through operational improvements, strategic expansion, and a focus on long-term value creation.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (1 item); Regulatory Action (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
1 occurrenceEarlier (1-3 years ago)
The auditors reported that the Company has not made provision for ₹1.73 Crore towards interest payable to vendors under MSME, and the management response is that suppliers have received all payments and have not raised such claims.
Regulatory Action
1 occurrenceEarlier (1-3 years ago)
The company was fined ₹11,800 (including tax) for a delay in intimating the stock exchange about a board meeting held on 12 August 2022, violating Regulation 29(1)(a) of SEBI regulations.
Routine disclosures
Contingent Liability
1 occurrenceEarlier (1-3 years ago)
As of 31st March 2024, the Company had a provision of ₹7.85 crores for possible or actual taxation disputes, litigation, and claims. This provision is based on management's judgment and involves significant uncertainty.
Related-Party Transaction
1 occurrenceEarlier (1-3 years ago)
The company had significant transactions with related parties that conflicted with its interests and required member approval under SEBI Listing Regulations, but no such approvals were obtained during the year ended 31 March 2024.
Management & Board Governance
1 occurrenceEarlier (1-3 years ago)
Mr. Charath Ram Narsimhan resigned as Managing Director & CEO on 14th August 2023. Mr. M Thiyagarajan resigned as Chief Financial Officer on 14th August 2023. Mr. E Elamugilan resigned as Company Secretary & Compliance Officer on 09th November 2023. Mr. Vidyuth Venkatesh Rajagopal resigned as Joint Managing Director on 31st March 2024.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
1.64% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).