Thomas Scott (India) Limited

BSE: 533941 NSE: BE : THOMASCOTT
Thomas Scott (India) Limited - appreal & fashion in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L18109MH2010PLC209302 Incorporated 22 October 2010 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: BE : THOMASCOTT · BSE: 533941 Public Limited Company appreal and fashion
Data last updated
Market Cap
₹446 Cr
THOMASCOTT · NSE
Share Price
₹278.85
-7.11% today
Revenue
₹255 Cr
FY 2025-26 · +58.3% YoY
EBITDA
₹32.06 Cr
Margin 12.6%
Net Profit
₹20.46 Cr
FY 2025-26 · +59.6% YoY
P/E (TTM)
20.1x
P/B 3.2x
ROE
15.9%
ROCE 19.6%
Debt / Equity
0.25
Interest cover 9.1x

About Thomas Scott (India) Limited

Data last updated:

Thomas Scott (India) Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 22 October 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L18109MH2010PLC209302. Its GSTIN is 27AADCT6867E1Z1 (Maharashtra). The company holds 5 GST registrations, all of them active. Its shares are listed on BSE: 533941 and NSE: BE : THOMASCOTT.

The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹14.67 Cr. It is led by directors including Brijgopal Balaram Bang (Managing Director) and Vedant Bang (Managing Director).

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹254.89 Cr, a growth of 58.3% compared to the previous year. For the same year it recorded a net profit of ₹20.46 Cr (net margin 8%) and EBITDA of ₹32.06 Cr (EBITDA margin 12.6%). The net worth stands at ₹137.3 Cr (up 29.6% YoY). Total assets are valued at ₹184.38 Cr (up 53.9% YoY).

The company has about 54 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Thomas Scott. As per MCA filings, the company has open charges of ₹59.45 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thomasscott.org.

Company Details of Thomas Scott (India) Limited
CIN L18109MH2010PLC209302
Registration Number 209302
Incorporation Date 22 October 2010
ROC Mumbai
Listing Status Listed (BSE: 533941, NSE: BE : THOMASCOTT)
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Brijgopal Balaram Bang Managing Director Vedant Bang Managing Director Anuradha Paraskar Shirish Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    thomasscott.org
  • Social Media
    Locked
  • Registered Address
    447 Kewal Industrial Estate Senapati Bapat Marg, Lower Parel (West), Mumbai, Maharashtra, India – 400013
  • Industry
    Appreal & Fashion, Leather, Apparel, Textile
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Financials, compliance, directors, charges, ownership and filings for Thomas Scott (India) Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

CIN History of Thomas Scott (India) Limited

Thomas Scott (India) has one previous CIN (Corporate Identification Number): U18109MH2010PLC209302. The current CIN is L18109MH2010PLC209302, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L18109MH2010PLC209302Current
U18109MH2010PLC209302Previous

Associated Brands with Thomas Scott (India) Limited

Thomas Scott (India) operates one associated brand: Thomas Scott. Each brand links to its own profile.

BrandDescriptionWebsite
Thomas Scott
Casual wear apparel for men is contract-manufactured.thomasscott.org

Competitors & Alternatives of Thomas Scott (India) Limited

Brands and companies operating in the same space as Thomas Scott (India) Limited include Gokaldas Exports, Versace, Radhamani Group and 6 more.

CompetitorDescriptionLocationFounded
Gokaldas Exports Gokaldas Exports Apparel and clothing are manufactured and exported on contract.Bengaluru, India1979
Versace Versace Apparel and fashion accessories are designed and marketed by Versace.Milan, Italy1978
Radhamani Group Radhamani Group Sustainable garment manufacturing solutions are provided comprehensively.Bengaluru, India2008
Vince Vince Fashion apparel and accessories are sold online by Vince.New York, United States2002
Brand Concepts Brand Concepts Contract manufacturing of bags, belts, wallets, and accessories is conducted.Indore, India2007
Cupid Cupid Contract manufacturer of male & female condomsNashik, India1993
Shahi Shahi Garments are contract-manufactured by Shahi in apparel production.Faridabad, India1974
Eastman Exports Eastman Exports Apparel products are manufactured under contract in India.Tiruppur, India2003
Bhaane Bhaane Online retailer offering apparel, accessories, and fashion items for consumers.Delhi, India2012

Business Activity of Thomas Scott (India) Limited

The main business activities of Thomas Scott (India) are trade and manufacturing. In detail, this covers wholesale trading and textile, leather and other apparel products. 2 activity segments are registered with the MCA.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG1Wholesale TradingLocked
CManufacturingC2Textile, leather and other apparel productsLocked
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Auditor Details of Thomas Scott (India) Limited

Thomas Scott (India) Limited is audited by Bharat Gupta & Co. for the financial year 2023.

NameStatusAppointment DateCessation Date
Bharat Gupta & Co.LockedLockedLocked
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Board of Directors of Thomas Scott (India) Limited

Thomas Scott (India) has 6 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Brijgopal Balaram Bang
Also directs: Bang Apparels & Garments LLP, Bang Overseas Limited, Vedanta Creations Limited and 1 more
Managing Director22 Oct 201015 Years 11 MonthsCurrent
Anuradha Paraskar Shirish
Also directs: Bang Overseas Limited, Chembond Chemicals Limited
Director15 Feb 20188 Years 7 MonthsCurrent
Vedant Bang
Also directs: Bang Overseas Limited, Vedanta Creations Limited
Managing Director15 Feb 20224 Years 7 MonthsCurrent
Usha Manish Ghelani
Also directs: Arco Leasing Limited
Director01 Sep 20251 Years 1 MonthsCurrent
Kavita Akshay Chhajer
Also directs: Bang Overseas Limited, Bhalchandram Clothing Limited, GHV Infra Projects Limited and 3 more
Director15 Aug 20242 Years 1 MonthsCurrent
Vandana Brijgopal Bang
Also directs: Bang Apparels & Garments LLP, Bang Overseas Limited
Director30 Jun 20242 Years 3 MonthsCurrent
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Financials of Thomas Scott (India) Limited FY 2025-26 filings available

Thomas Scott (India) Limited reported revenue of ₹254.89 Cr (up 58.3% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹255 Cr
+58.3% YoY
EBITDA
₹32.06 Cr
+65.3% YoY
Profit After Tax
₹20.46 Cr
+59.6% YoY
Net Worth
₹137 Cr
+29.6% YoY
Total Assets
₹184 Cr
+53.9% YoY
Total Debt
₹46.45 Cr
+244.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue25516191.2662.8032.3221.4621.76
Revenue growth+58.3%+76.5%+45.3%+94.3%+50.6%-1.4%-
EBITDA32.0619.3912.754.661.280.80(0.83)
EBITDA margin+12.6%+12.0%+14.0%+7.4%+4.0%+3.7%-3.8%
Profit before tax27.0815.8810.002.980.70(0.08)(1.89)
Net profit20.4612.8210.022.900.61(0.11)(1.94)
Net profit margin+8.0%+8.0%+11.0%+4.6%+1.9%-0.5%-8.9%
EPS (₹)13.1610.1110.234.531.14(0.34)(5.71)
Balance sheet
Total assets18412056.8834.6210.468.3210.54
Net worth13710650.7014.3510.254.024.12
Total debt46.4513.485.904.590.034.206.33
Cash & bank0.280.340.416.803.170.170.05
Net working capital16610447.7929.477.946.508.88
Cash flow
Cash from operations(26.76)(39.30)(8.40)(18.42)3.133.370.26
Cash from investing(7.62)(5.92)2.06(6.81)(1.13)(0.43)(0.48)
Cash from financing34.3445.106.4825.231.00(2.81)0.16
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue65.8277.8166.2556.9353.8947.6245.4040.67
Revenue growth (YoY)+22.1%+63.4%+45.9%+40.0%+97.1%---
Other income0.000.030.210.000.010.020.190.52
Total expenses57.3067.8558.7348.4747.7841.0039.8536.37
EBITDA8.529.967.528.466.116.625.554.30
EBITDA margin+12.9%+12.8%+11.4%+14.9%+11.3%+13.9%+12.2%+10.6%
Depreciation0.650.690.690.610.560.230.690.76
Interest0.991.110.670.560.350.720.550.49
Profit before tax6.888.196.377.295.215.694.503.57
Tax1.442.191.402.581.741.521.490.74

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 05 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue65.8277.8166.2556.9353.8947.6245.4040.67
Revenue growth (YoY)+22.1%+63.4%+45.9%+40.0%+97.1%---
Other income0.000.030.210.000.010.020.190.52
Total expenses57.3067.8558.7348.4747.7841.0039.8536.37
EBITDA8.529.967.528.466.116.625.554.30
EBITDA margin+12.9%+12.8%+11.4%+14.9%+11.3%+13.9%+12.2%+10.6%
Depreciation0.650.690.690.610.560.230.690.76
Interest0.991.110.670.560.350.720.550.49
Profit before tax6.888.196.377.295.215.694.503.57
Tax1.442.191.402.581.741.521.490.74
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue25516191.2662.8032.3221.4621.76
Revenue growth+58.3%+76.5%+45.3%+94.3%+50.6%-1.4%-
Other income0.250.730.220.020.140.090.01
Total expenses22314278.5158.1431.0420.6622.59
Employee cost20.5313.907.986.223.311.152.06
EBITDA32.0619.3912.754.661.280.80(0.83)
EBITDA margin+12.6%+12.0%+14.0%+7.4%+4.0%+3.7%-3.8%
Depreciation2.552.221.170.670.290.280.28
Interest2.682.021.801.030.430.690.79
Profit before tax27.0815.8810.002.980.70(0.08)(1.89)
Tax7.773.09(0.02)0.100.070.030.05
Net profit20.4612.8210.022.900.61(0.11)(1.94)
Net profit margin+8.0%+8.0%+11.0%+4.6%+1.9%-0.5%-8.9%
EPS (₹)13.1610.1110.234.531.14(0.34)(5.71)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital14.6712.669.806.365.513.393.39
Reserves & surplus12187.3032.486.823.170.630.73
Shareholders' funds (net worth)13710650.7014.3510.254.024.12
Secured loans46.2112.434.933.920.000.000.00
Unsecured loans0.241.050.970.670.034.206.33
Total debt46.4513.485.904.590.034.206.33
Total liabilities18412056.8834.6210.468.3210.54
Assets
Gross block20.8017.0010.916.043.192.452.01
Net block12.9911.747.874.171.951.451.29
Capital work in progress3.940.130.250.640.340.000.00
Investments0.000.000.000.000.000.000.00
Inventories85.8359.8929.2825.0718.109.606.11
Sundry debtors86.2257.7024.3425.6216.9921.1614.36
Cash & bank balances0.280.340.416.803.170.170.05
Loans & advances46.487.205.805.474.673.683.36
Total current assets21912559.8362.9642.9334.6123.88
Total current liabilities53.2521.1412.0433.4934.9928.1115.00
Net working capital16610447.7929.477.946.508.88
Total assets18412056.8834.6210.468.3210.54
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.090.200.050.050.170.050.10
Net cash from operating activities(26.76)(39.30)(8.40)(18.42)3.133.370.26
Net cash from investing activities(7.62)(5.92)2.06(6.81)(1.13)(0.43)(0.48)
Net cash from financing activities34.3445.106.4825.231.00(2.81)0.16
Net change in cash(0.03)(0.12)0.150.013.000.12(0.05)
Closing cash0.280.340.416.803.170.170.05
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+58.3%+76.5%+45.3%+94.3%+50.6%-1.4%-
EBITDA growth+65.3%+52.1%+173.6%+264.1%+60.0%+196.4%-
PBT growth+70.5%+58.8%+235.6%+325.7%+9998.0%+95.8%-62.9%
Net income growth+59.6%+27.9%+245.5%+375.4%+654.6%+94.3%-
Revenue CAGR (3Y)+59.5%+70.8%+62.0%+42.4%+14.3%+1.6%+7.7%
EBITDA CAGR (3Y)+90.2%+147.4%+151.7%----
Profitability & leverage
Net income margin+7.6%+7.9%+11.0%+4.6%+2.0%-0.5%-8.9%
Return on capital employed+19.6%+19.4%+20.0%+9.5%+5.7%0.0%0.0%
Return on net worth+15.9%+15.5%+21.9%+9.0%+3.6%0.0%0.0%
Debt / equity0.250.120.160.190.301.291.15
Long-term debt / equity0.010.020.030.020.000.000.00
Interest cover9.0811.7615.5425.8143.43132.69-71.17
Efficiency & per share
Fixed asset turnover13.4911.5410.7713.6111.469.6212.19
Inventory turnover3.503.613.362.912.332.733.98
Debtors turnover3.543.933.652.951.691.211.59
EPS (₹)13.1610.1110.234.531.14(0.34)(5.71)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)92.3978.9443.1620.7315.7511.8612.16
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Shareholding Pattern of Thomas Scott (India) Limited

Shareholding for the quarter ended Sep 2026: promoters hold 52.30%, foreign institutional investors hold 0.00%, domestic institutional investors hold 2.50% and retail and other public shareholders hold 45.20%.

Promoters: 52.30%DII (Domestic Institutional): 2.50%Retail & Others: 45.20%
Sep 2026
QUARTER
52.30% Promoters
2.50% DII (Domestic Institutional)
45.20% Retail & Others
Promoter holding - history
Now 52.30% · Sep 2026High 52.30% · Jun 2026Low 52.20% · Dec 2025
51%51.8%52.5%53.3%54%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 52.20%Mar 2026: 52.20%Jun 2026: 52.30%Sep 2026: 52.30%52.30%52.20%52.30%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters52.30%52.30%52.20%52.20%
Public47.70%47.70%47.80%47.80%

Charges & Borrowings of Thomas Scott (India) Limited

Open charges
₹59.45 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹40.50 Cr
Hdfc Bank Limited₹18.95 Cr
Latest charge details
DateLenderAmountStatus
29 Mar 2026Hdfc Bank Limited₹2.69 CrOpen
09 Jan 2026Hdfc Bank Limited₹15 CrOpen
23 Dec 2025Others₹50 LakhOpen
07 Jun 2024Hdfc Bank Limited₹1.26 CrOpen
09 Mar 2023Others₹40 CrOpen

Total charge records: 5 View all charges

Employees and EPFO Compliance at Thomas Scott (India) Limited

Thomas Scott (India) Limited has a workforce of 54 employees as of Apr 04, 2024.

Employee count
54
Active EPFO establishments
3
Employee growth
45.95%
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GST Compliance of Thomas Scott (India) Limited

Thomas Scott (India) has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.

Total GSTINs
5
Active
5
GSTINStateStatusRegistered on
27AADCT6867E1Z1MaharashtraActive01 Jul 2017
06AADCT6867E1Z5HaryanaActive13 Nov 2021
29AADCT6867E1ZXKarnatakaActive04 Jan 2022
36AADCT6867E1Z2TelanganaActive01 Jun 2022
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GST registrations and filing compliance

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Credit Ratings, Litigation & Regulatory Alerts for Thomas Scott (India) Limited

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MSME Payment Delays by Thomas Scott (India) Limited

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Subsidiaries & Group Companies of Thomas Scott (India) Limited

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MCA Filings & Documents of Thomas Scott (India) Limited

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Recent Activity on Thomas Scott (India) Limited

Charges
30 Mar 2026
A charge with Hdfc Bank Limited of Rs. 15.00 Cr registered on 09 Jan 2026 with Charge ID 101224371 was modified on 30 Mar 2026.
Charges
29 Mar 2026
A charge with Hdfc Bank Limited amounted to Rs. 2.69 Cr with Charge ID 101276733 was registered on 29 Mar 2026.
Charges
09 Jan 2026
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Cr with Charge ID 101224371 was registered on 09 Jan 2026.
Charges
23 Dec 2025
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 101229633 was registered on 23 Dec 2025.
Activity
29 Sep 2025
Thomas Scott (India) Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Directors
01 Sep 2025
Usha Manish Ghelani was appointed as a Director on 01 Sep 2025 & has been associated with this company since 1 year 1 month.

Frequently Asked Questions about Thomas Scott (India) Limited

Thomas Scott (India) is an active public limited company based in Mumbai, Maharashtra, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 22 October 2010 (16+ years old) and is registered under CIN L18109MH2010PLC209302. Listed on BSE: 533941 and NSE: BE : THOMASCOTT.

Thomas Scott (India) reported revenue of ₹254.89 Cr for FY 2025-26 (up 58.3% YoY) based on standalone financials.

Thomas Scott (India) has 6 current directors:

The GSTIN of Thomas Scott (India) is 27AADCT6867E1Z1, registered in Maharashtra. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 06AADCT6867E1Z5 (Haryana), 29AADCT6867E1ZX (Karnataka), 36AADCT6867E1Z2 (Telangana).

The CIN (Corporate Identification Number) of Thomas Scott (India) is L18109MH2010PLC209302. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Thomas Scott (India) is listed on both BSE (code: 533941) and NSE (symbol: BE : THOMASCOTT).

Thomas Scott (India) was incorporated on 22 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.

Thomas Scott (India) can be reached through the website thomasscott.org. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Thomas Scott (India) is at 447 Kewal Industrial Estate Senapati Bapat Marg, Lower Parel West, Mumbai, Maharashtra, India – 400013.

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