M

Mallcom (India) Limited

MALLCOM
Market snapshot · 2026-08-11 05:01 UTC

1,007.45

+₹2.20 (+0.22%)

MARKET CAP

₹628.65 Cr

STOCK P/E

23.5x

52W HIGH

₹1,520.00

52W LOW

₹929.00

BOOK VALUE

₹510.25

EPS

₹42.86

ROE

SECTOR

Industrials

DEBT/EQUITY

37.78

VOLUME

504

P/B RATIO

1.97x

PEG RATIO

Sector

Industrials

Themes

Business Support Services
D
Dividend
₹1,455.00₹1,330.03₹1,205.05₹1,080.08₹955.10VolumeDAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Mallcom (India) is a personal protective equipment manufacturer serving Indian and international markets. Helmets, masks and goggles drive head-protection revenue, while industrial, safety and specialty gloves form its core hand-protection franchise. Protective clothing, including flame-retardant, rainwear and high-visibility products, adds adjacent revenue. June 2026 standalone sales declined 8.7% year-on-year to ₹108.2 crore, indicating near-term growth pressure rather than operating acceleration. Revenue grew 10.9%, but profit fell 47.7% as margins declined, pointing to weaker earnings quality. Debt-to-equity of 37.78x implies heavy leverage, which can magnify pressure on returns and financial risk. At 23.2x earnings, valuation appears fair relative to the company’s weaker profit trajectory, not clearly discounted. The key investor question is whether international PPE demand and product mix can restore margins while leverage remains elevated.

Valuation Metrics

Trading 10.0% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -1.01). Confidence: 85%.

Forward Valuation Outlook

Forward outlook is unavailable because live next-12-month estimate data is not available for this ticker right now.

P/E
Strongly Undervalued

5Y Average

24.41

Current

23.51

Overvalued

30.30

Undervalued

24.28

P/S
Undervalued

5Y Average

1.24

Current

1.19

Overvalued

1.43

Undervalued

1.05

EV/EBITDA
Undervalued

5Y Average

13.69

Current

13.18

Overvalued

15.89

Undervalued

10.98

Peers & Comparison

Sector: Industrials · Theme: Business Support Services

Business Support Services Peers8 peers
Avg P/E: 51.4x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
JINKUSHAL INDUSTRIES LTD
JKIPLBusiness Support Services
+146.0%3.4%
31.0x
Undervalued
-40% vs avg
-17.4%
AWFIS SPACE SOLUTIONS LTD
AWFISBusiness Support Services
+20.7%4.7%
27.4x
Undervalued
-47% vs avg
-52.7%
HYBRID FINANCIAL SERVICE
HYBRIDFINBusiness Support Services
+0.6%44.1%
19.4x
Undervalued
-62% vs avg
+14.2%
BLUSPRING ENTERPRISES LTD
BLUSPRINGBusiness Support Services
+19.1%-0.3%
+38.1%
SIS LIMITED
SISBusiness Support Services
+29.7%0.9%
45.2x
Fair
-12% vs avg
+19.5%
KFIN TECHNOLOGIES LIMITED
KFINTECHBusiness Support Services
+30.1%24.4%
47.6x
Fair
-7% vs avg
-14.5%
ARTEMIS MED SERVICE LTD
ARTEMISMEDBusiness Support Services
+12.7%10.2%
138.1x
Premium
+169% vs avg
+31.9%
HANDSON GBL MNGMNT LTD
HGMBusiness Support Services
+129.8%-5.1%
-7.3%
WHY THESE PEERS

Comparable-scale peer data is limited — showing nearest stored business/industry peers instead of an empty comparison.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹108 CrJun 2026

Latest net profit

₹6.31 CrJun 2026

Latest EPS

₹10.11Jun 2026

Net margin

11.9%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%4.0%8.0%12.0%16.0%0.00 Cr40 Cr80 Cr120 Cr160 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr40 Cr80 Cr120 Cr160 Cr₹0₹5₹10₹15₹20
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr30 Cr60 Cr90 Cr120 Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-200 Cr0.00 Cr200 Cr400 Cr600 Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +90.89103.9492.01118.8899.18125.00113.48133.28118.44133.17127.46141.63108.18
Expenses +77.2689.5381.61102.8785.38109.8598.33117.53101.76122.58107.96128.6895.33
Operating Profit13.6314.4110.4016.0113.8015.1515.1515.7516.6810.5919.5012.9512.85
OPM %15.00%13.86%11.30%13.47%13.91%12.12%13.35%11.82%14.08%7.95%15.30%9.14%11.88%
Other Income +0.910.981.250.980.652.130.5525.390.170.32-0.110.240.20
Interest1.050.880.801.161.301.051.062.301.882.031.971.911.49
Depreciation2.002.542.61-0.851.631.842.032.171.962.542.903.093.12
Profit before tax11.4911.978.2416.6811.5214.3912.6136.6713.016.3414.528.198.44
Tax %25.24%27.65%25.49%27.76%25.78%30.92%25.22%16.20%25.13%25.24%25.21%26.74%25.12%
Net Profit +8.598.666.1412.058.559.949.4330.739.744.7510.865.996.31
EPS in Rs13.7713.889.8419.3113.7015.9315.1149.2515.617.6117.409.6010.11
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +73.68%73.68%73.68%73.68%73.68%
FIIs +0.78%0.26%0.01%
DIIs +0.31%0.01%0.26%
Public +25.53%25.75%26.32%26.30%26.05%
Others0.01%0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +

Events Timeline

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Aug 04, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 03, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Jul 31, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Jul 31, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Change in Directorate

Jul 30, 2026PDFCompany Reports Open