The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
ICDS Limited is an India-based non-banking financial services company. The Company is engaged in trading activities of shares and securities, rental revenue from investment properties, marketing of the insurance products of life and general insurance companies. The Company…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A weak, fast-growing business, fully valued.
ICDS is scored on the nbfc / financials framework. It keeps a fat 27.7% of every rupee of sales as net profit.
Over the last 3 years revenue compounded at 13%/yr and profit at 42%/yr. Book value has grown 6%/yr. Return on equity is a weak 3.6%.
At 56× earnings, the stock sits at the 68th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price already implies ~30%/yr earnings growth sustained for a decade — a demanding bar. The books come through clean — a forensic grade of A.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 89.34 | — | — |
| P/B | 1.94 | 1.4 | worse |
| EV/EBITDA | 44.29 | 13.86 | worse |
| ROE | 3.65 | — | — |
| ROCE | 4.68 | — | — |
| ROA | 1.97 | — | — |
| Quick Ratio | 6.27 | 34.9 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| 3M India | 58.2 | 16.6 | 27.2% |
| NAVA | 15.4 | 1.7 | 9.0% |
| DCM Shriram | 10.1 | 1.7 | 16.3% |
Not applicable for this sector.
Revenue is on a 2-year growth streak. 13% CAGR over 3 years — steady double-digit compounder. Growth is decelerating — latest year grew slower than the year before.
Profit is growing faster than revenue (42% vs 13%) — margin expansion is at work.
Operating margin has expanded from 19% to 35% — the business is keeping more of each rupee earned.
ROE at 4% — modest; the capital isn't working hard. Low variance across years — a predictable business that earns steadily on its equity base.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. 43% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 1.5× PAT — earnings are well-backed by cash; strong accrual quality.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 198% sequentially — momentum is building. Wide quarterly swings (79% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 76% above earlier ones.
2 of 4 quarters loss-making — quarterly profitability is uneven. Profit jumped 321% QoQ — check if this is operating leverage or a one-off item. Quarterly net margins are expanding (-89% → 54%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 51.4% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.