Thomas Scott Q3 FY26 Revenue Jumps 46% YoY to ₹66 Cr, PAT Up 67%
Thomas Scott reported a 46% YoY increase in Q3 FY26 revenue to ₹66 crore and a 67% YoY rise in PAT to ₹5 crore. Nine-month revenue grew 56% to ₹177 crore. The company experienced an inventory loss of ₹21.85 crore due to a warehouse fire, with a net write-off of ₹31.22 lakh. EBITDA margins are targeted between 12-15%.
The announcement details significant financial performance improvements, including substantial revenue and profit growth. It also addresses a material event (warehouse fire) and its financial implications, along with management's strategies and future outlook, which are highly relevant to investors.
The company reported strong year-on-year growth in revenue, EBITDA, and profit after tax for both the quarter and nine-month period. Despite a warehouse fire incident, the financial performance remained robust, and the company expressed confidence in its growth trajectory.
Thomas Scott (India) Limited announced its financial results for the third quarter and nine months ended December 31, 2025. The company reported its highest-ever quarterly sales performance, with revenue from operations reaching ₹66 crore, a 46% increase year-on-year. EBITDA for the quarter stood at ₹8 crore, up 41% year-on-year, with margins at 11.92%. Profit after tax (PAT) was ₹5 crore, a 67% increase year-on-year, with PAT margins at 7.54%.
For the nine months ended FY2026, revenue from operations was ₹177 crore, a 56% increase year-on-year. EBITDA for the period was ₹22 crore, up 75% year-on-year, with margins at 12.65%. Net profit for the nine months rose 82% year-on-year to ₹13 crore, with PAT margins at 7.4%.
The company experienced an accidental fire at its Bhiwandi warehouse on November 25, 2025, resulting in the loss of inventory and fixed assets. The affected inventory was insured, and the insurance claim process is underway. The carrying value of the inventory lost was approximately ₹21.85 crore. A net amount of ₹31.22 lakh was written off in the P&L, representing the portion not covered by insurance.
In terms of segment performance, the Thomas Scott brand recorded revenues of ₹27 crore (up 91% YoY). The licensed and other brand segment reported ₹34 crore (up 18% YoY), and the Contract Manufacturing Business contributed ₹5 crore (up 113% YoY).
During the earnings conference call held on February 16, 2026, management discussed inventory management strategies, including a 'high-width, low-depth' approach for new styles and end-of-season sales. They also addressed trade receivables, attributing the increase to marketplace payment cycles, B2B2C models, customer returns accounting, and revenue concentration in the final month of the quarter. The company targets long-term receivable days of around 60 days.
The company's winter wear collection contributed 15-20% to the revenue this quarter, with December seeing a contribution as high as 35%. Management indicated that while they do not provide forward-looking revenue projections, they expect a similar growth trajectory and aim to maintain EBITDA margins between 12% to 15%. The primary demographic for the Thomas Scott brand is 25-40 years old, with a secondary target of 20-25 years.
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Thomas Scott (India) Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Thomas Scott (India) Limited. Read the original for the full detail.