statements

The stock has been placed in Additional Surveillance Measure (ASM) list LTASM - I.

International Combustion (India) Ltd.

BSE: 505737

Sector: Capital Goods

Industry Group: Industrial Manufacturing

Industry: Industrial Products

485.00-7.4 (-1.50%)

26 Aug, 11:00 AM

Overview Analysis Statements

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Income Statement

Abridged

Understanding Income Statement

International Combustion (India) Ltd. income statement covering revenue, operating profit, EBITDA, PAT and EPS across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	2012 Mar 31	C 2013 Mar 31	2014 Mar 31	2015 Mar 31	2016 Mar 31	R 2017 Mar 31	2018 Mar 31	2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31	TTM Jun 30
	2012 Mar 31	C 2013 Mar 31	2014 Mar 31	2015 Mar 31	2016 Mar 31	R 2017 Mar 31	2018 Mar 31	2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31	TTM Jun 30
Period length: Source:	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M IR
EPS - Basic - ex Extraordinary Items	0.00	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	-	-
Cost of Operating Revenue	58.85	71.57	59.52	47.66	47.55	48.06	53.95	68.19	65.51	66.59	103.07	137.64	176.09	179.31	181.63	170.07
EPS - Diluted - ex Extraordinary Items	0.00	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	-	-
EBIT	11.79	7.48	-0.82	-0.59	-2.89	-1.74	-2.55	4.87	-2.25	-5.71	5.99	13.14	33.32	17.08	-0.31	-4.38
EBITDA	15.56	11.55	3.37	3.92	1.00	3.33	2.69	10.01	2.63	-1.36	10.67	17.34	38.32	23.43	6.48	2.42
EBITDA Margin	14.5	9.7	3.4	4.4	1.1	3.1	2.5	7.5	2.1	-1.2	6.3	7.8	12.9	8.0	2.2	0.8
Supplementary
Financing Income/(Expense) - Net	1.39	-0.22	1.50	1.11	-0.89	-4.02	-3.97	-3.16	-3.16	-2.06	-1.38	-1.78	-2.77	-4.40	-3.17	-3.25
Gross Profit	48.53	48.10	39.20	41.03	44.93	60.52	53.69	65.97	58.44	42.96	65.82	84.92	120.69	113.67	111.78	129.36
Gross Margin	45.2	40.2	39.7	46.3	48.6	55.7	49.9	49.2	47.2	39.2	39.0	38.2	40.7	38.8	38.1	43.2
Profit before Taxes	23.20	7.31	0.66	0.62	-2.19	2.91	-3.76	4.08	-3.15	-6.61	5.27	12.10	32.07	16.35	-3.20	-6.74
Profit after Tax	16.46	4.48	0.80	0.98	-0.99	2.33	-2.51	3.53	-1.85	-5.17	4.15	8.31	19.95	14.95	-2.39	-5.45
PAT Margin	15.3	3.7	0.8	1.1	-1.1	2.2	-2.3	2.6	-1.5	-4.7	2.5	3.7	6.7	5.1	-0.8	-1.8
Total Operating Expenses	95.59	112.19	99.54	89.27	95.36	110.32	110.19	129.29	126.20	115.26	162.91	209.41	263.46	275.90	293.72	303.81
Operating Profit	11.79	7.48	-0.82	-0.59	-2.89	-1.74	-2.55	4.87	-2.25	-5.71	5.99	13.14	33.32	17.08	-0.31	-4.38
Operating Margin	11.0	6.2	-0.8	-0.7	-3.1	-1.6	-2.4	3.6	-1.8	-5.2	3.5	5.9	11.2	5.8	-0.1	-1.5
Income Taxes	6.74	2.83	-0.13	-0.36	-1.20	0.57	-1.25	0.56	-1.30	-1.45	1.12	3.79	12.11	1.40	-0.80	-1.29
Total Revenue	107.38	119.67	98.72	88.69	92.48	108.58	107.64	134.16	123.95	109.55	168.89	222.56	296.78	292.98	293.40	299.43

Balance Sheet

Abridged

Understanding Balance Sheet

International Combustion (India) Ltd. balance sheet covering assets, liabilities, equity and borrowings across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	2012 Mar 31	C 2013 Mar 31	2014 Mar 31	2015 Mar 31	R 2016 Mar 31	R 2017 Mar 31	2018 Mar 31	2019 Mar 31	R 2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31
	2012 Mar 31	C 2013 Mar 31	2014 Mar 31	2015 Mar 31	R 2016 Mar 31	R 2017 Mar 31	2018 Mar 31	2019 Mar 31	R 2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31
Source:	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR
Total Assets	142.94	135.53	125.39	135.90	154.04	164.01	157.57	160.78	159.64	142.28	148.52	169.09	223.37	230.37	234.12
Total Shareholders' Equity	90.31	93.35	93.68	92.33	94.14	96.31	93.66	96.99	94.73	89.35	93.97	101.44	120.56	133.76	130.73
Total Current Liabilities	48.02	38.14	27.84	33.69	32.87	45.32	49.00	55.21	62.17	51.38	52.68	66.67	92.68	89.96	99.60
Accumulated Depreciation & Impairment	26.47	30.07	32.81	-	-	-	-	-	19.18	23.32	27.71	31.60	33.58	38.93	48.57
Long-Term Investments	0.74	2.35	1.01	20.50	23.04	23.91	16.14	23.91	10.61	7.17	5.50	0.02	0.95	0.37	0.02
Total Non-Current Liabilities	4.62	4.04	3.86	9.88	27.02	22.39	14.91	8.57	2.74	1.56	1.87	0.97	10.13	6.66	3.79
Long Term Debt	0.14	0.06	-	6.67	24.01	19.62	13.18	7.08	0.54	0.20	1.02	-	7.19	2.54	-
Property Plant & Equipment - Gross	60.19	60.99	61.47	-	-	-	-	-	64.03	64.57	66.51	74.58	93.26	98.58	107.31
Property Plant & Equipment - Net	33.72	30.92	28.66	28.37	44.17	50.50	46.55	43.67	44.85	41.26	38.79	42.98	59.69	59.65	58.74
Total Liabilities & Equity	142.94	135.53	125.39	135.90	154.04	164.01	157.57	160.78	159.64	142.28	148.52	169.09	223.37	230.37	234.12
Total Current Assets	106.10	99.77	93.22	84.63	85.55	89.00	94.02	92.44	101.33	89.83	100.66	122.29	160.12	168.29	171.36
Total Non-Current Assets	36.84	35.76	32.17	51.27	68.49	75.02	63.55	68.34	58.30	52.46	47.86	46.80	63.24	62.08	62.76
Total Liabilities	52.63	42.18	31.71	43.56	59.89	67.71	63.91	63.79	64.91	52.94	54.55	67.64	102.81	96.61	103.39
Total Equity	90.31	93.35	93.68	92.33	94.14	96.31	93.66	96.99	94.73	89.35	93.97	101.44	120.56	133.76	130.73

Cash Flow

Abridged

Understanding Cash Flow Statement

International Combustion (India) Ltd. cash flow statement covering operating, investing and financing activities across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	2012 Mar 31	C 2013 Mar 31	2014 Mar 31	2015 Mar 31	R 2016 Mar 31	R 2017 Mar 31	2018 Mar 31	2019 Mar 31	C 2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31
	2012 Mar 31	C 2013 Mar 31	2014 Mar 31	2015 Mar 31	R 2016 Mar 31	R 2017 Mar 31	2018 Mar 31	2019 Mar 31	C 2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31
Period length: Source:	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR
Capital Expenditures - Net	2.94	0.83	1.43	5.80	17.16	9.97	4.16	1.66	6.18	1.03	2.03	9.90	21.03	5.68	6.60
Dividends Paid - Cash - Total	1.37	1.38	1.39	0.44	0.45	0.02	0.02	0.02	0.31	0.03	-	-	-	-	-
Capital Expenditures - Gross	13.49	0.83	1.54	5.82	17.22	9.97	4.16	1.66	6.18	1.03	2.03	9.90	21.03	5.68	6.60
Working Capital - Increase/(Decrease)	-7.84	-6.05	3.66	-7.05	-7.35	6.68	3.88	-5.03	-5.86	12.95	-1.61	-10.82	-29.34	-7.92	18.12
Free Cash Flow to Equity	2.55	-0.45	0.40	0.77	-1.00	-2.44	-8.08	-4.44	-9.55	-4.15	-0.37	-2.73	-0.06	3.25	7.72
Free Operating CF	-8.42	1.44	4.41	-9.61	-23.36	-2.57	-1.08	0.55	-12.52	7.96	4.83	-6.98	-18.12	1.82	13.40
Free Operating CF net dividend	-9.79	0.07	3.02	-10.04	-23.81	-2.59	-1.10	0.53	-12.83	7.94	4.83	-6.98	-18.12	1.82	13.40
Operating CF bef Changes in Working Cap	12.92	8.33	2.29	3.26	1.21	0.73	-0.80	7.24	-0.48	-3.96	8.47	13.73	32.25	15.43	1.87
Debt - LT & ST - Issuance/(Retirement) - Total	0.41	-1.90	-4.12	10.36	22.30	0.12	-7.00	-4.99	2.97	-12.11	-5.21	4.25	18.05	1.43	-5.68
Net Cash Flow from Financing Activities	-0.96	-3.27	-5.52	9.93	21.86	0.10	-7.03	-5.00	2.66	-12.14	-5.22	3.77	17.35	0.25	-6.62
Net CF from Investing Activities	1.66	-6.49	-1.48	-6.03	-15.22	-7.92	3.87	2.69	4.74	3.03	1.14	-9.27	-19.13	-7.76	-13.08
Net CF from Operating Activities	5.08	2.28	5.95	-3.79	-6.14	7.41	3.08	2.21	-6.34	9.00	6.87	2.91	2.92	7.50	20.00

Business Segment Analysis

FY End:

Mar 26

International Combustion (India) Ltd. business segment breakdown covering revenue, operating income and assets across key divisions for the selected financial year.

Capex

Geared motpor & Gear box (41.9%)₹ 2.41 CrMineral & Material processing and handling Equipment (28.6%)₹ 1.64 CrBuilding material (19.9%)₹ 1.14 CrUnallocated (9.7%)₹ 0.56 CrEliminations (0.0%)₹ 0.00 Cr

Revenue / Sales

Mineral & Material processing and handling Equipment (58.2%)₹ 170.71 CrGeared motpor & Gear box (26.9%)₹ 79.01 CrBuilding material (14.9%)₹ 43.68 Cr

Assets

Mineral & Material processing and handling Equipment (39.5%)₹ 92.58 CrGeared motpor & Gear box (29.3%)₹ 68.69 CrUnallocated (16.4%)₹ 38.47 CrBuilding material (14.7%)₹ 34.38 Cr

Regional Segment Analysis

FY End:

Mar 26

International Combustion (India) Ltd. geographic revenue split showing domestic and international market performance across revenue and income for the selected financial year.

Revenue / Sales

Within India (97.1%)₹ 281.71 CrOutside India (2.9%)₹ 8.36 Cr

Historical Segment Analysis

Track how International Combustion (India) Ltd. segment contributions have evolved over multiple financial years to see which divisions are growing, shrinking or gaining strategic importance.

Capex

Sales

Assets

Business

Regional

Business

	2012 Mar 31	2013 Mar 31	2014 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31
	2012 Mar 31	2013 Mar 31	2014 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31
Geared motpor & Gear box	2	0	0	3	0	0	1	9	3	2
Mineral & Material processing and handling Equipment	4	0	1	2	0	1	2	14	2	2
Building material	-	-	-	0	0	1	0	0	0	1
Unallocated	10	0	0	0	0	0	4	0	3	1
Eliminations	0	-	0	0	0	0	0	0	0	0

Frequently Asked Questions

What is the revenue of International Combustion (India) Ltd.?

The latest trailing twelve month revenue of International Combustion (India) Ltd. is ₹ 299.43 Cr, reflecting a 1-year growth of 2.08% and a 3-year CAGR of 6.41%. Annual and quarterly revenue trends are available in the Income Statement section.

What is the net profit of International Combustion (India) Ltd.?

The latest trailing twelve month net profit (PAT) of International Combustion (India) Ltd. is ₹ -5.45 Cr, with a 3-year earnings CAGR of -33.81%. Detailed profit history across annual and quarterly periods is in the Income Statement section.

What is the EBITDA of International Combustion (India) Ltd.?

The trailing twelve month EBITDA of International Combustion (India) Ltd. is approximately ₹ -4.38 Cr (based on an operating margin of -1.46%). EBITDA reflects core operating profitability before interest, taxes, depreciation and amortisation.

What is the EPS of International Combustion (India) Ltd.?

The trailing twelve month Earnings Per Share (EPS) of International Combustion (India) Ltd. is -22.81. EPS trends across annual and quarterly periods are visible in the Income Statement section.

What is the debt level of International Combustion (India) Ltd.?

The debt-to-equity ratio of International Combustion (India) Ltd. stands at 0.21. The interest coverage ratio is -1.35x, reflecting the company's ability to service debt from operating earnings. The full breakdown of total borrowings is in the Balance Sheet section.

What is the book value per share of International Combustion (India) Ltd.?

The estimated book value per share of International Combustion (India) Ltd. is 538.78 (derived from a P/B ratio of 0.90 and market price of ₹ 485.00), reflecting the net asset value attributable to each share. See the Balance Sheet section for a full breakdown.

What is the cash flow from operations of International Combustion (India) Ltd.?

The trailing twelve month operating cash flow of International Combustion (India) Ltd. is ₹ 20.00 Cr. Annual and quarterly cash flow data is available in the Cash Flow section of the Statements tab.

Does International Combustion (India) Ltd. report consolidated or standalone financials?

International Combustion (India) Ltd. reports consolidated financials. You can toggle between consolidated and standalone views using the switch at the top of each statement section.