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International Conveyors

International Conveyors

NSE: INTLCONVBSE 509709Industrialswww.iclbelting.com
View MapTV Chart
80.53
1.41+1.78%
DAY80
₹80.53
83
52W60
₹80.53
115
Open81.90
Prev Close79.12
Bid80.51100
Ask80.56100
Volume43.5K16%vs 20D avg
Market Cap₹515.86 Cr
Promoter Hold.70.1%
Face Value₹1
Fwd P/E
PEG
EV/EBITDA2.85
P/S2.38
ROA4.49%
Beta0.76
Div Payout6.98%
Valuation

International Conveyors Ltd valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for International Conveyors Ltd, framed against the sector median so the premium or discount is obvious at a glance.

International Conveyors Ltd trades at a P/E of 7.39× and P/B of 1.19×.

Key MetricsLive · as of 15 Jun 2026
the price tag

Valuation

Market Cap
₹515.86 Cr
P/E Ratio
good7.39
P/B Ratio
good1.19
EPS
10.74
the engine

Profitability

ROE
good17.4%
ROCE
good27.1%
Net Margin
good32.08%
Op Margin
good18.13%
the trajectory

Growth

EPS YoY
watch-69.4%
Revenue YoY
good77.7%
Qtr Sales
watch-12.2%
Qtr Profit
good63.4%
the balance sheet

Financial Health

Debt / Equity
watch17.29
Book Value
66.53
Div Yield
avg0.95%
Promoter Hold.
good70.1%
Financials

International Conveyors Ltd financials: P&L, balance sheet, cash flow, ratios.

Twelve years of audited numbers for International Conveyors Ltd, switchable between annual and quarterly views, consolidated or standalone.

International Conveyors Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹515.86 Cr and reported EPS of ₹10.74.

Period2019202120222023202420252026
Revenue from Operations
86
169
205
215
134
152
213
Other Income
9
9
14
14
67
105
59
Total Income
94
178
219
229
201
257
272
Cost of Goods Sold (COGS)
55
98
130
129
65
83
118
Gross Profit
31
71
75
86
69
69
95
+Operating Expenses
31
52
56
56
47
48
55
EBITDA
-0
20
20
29
21
21
40
+Non-Operating Expenses
12
7
6
6
11
10
10
Profit Before Tax (PBT)
-4
22
27
37
77
116
89
+Tax Expense
2
6
11
8
15
25
21
Profit After Tax (PAT)
-6
17
16
29
62
92
68
Earnings Per Share (EPS)
-0.85
2.46
2.40
4.36
9.84
14.47
10.72
Diluted Shares Outstanding (Nos.)
7
7
7
7
6
6
6
+Additional Disclosures
153
272
372
316
201
228
299
Sales Growth %
97.84
21.21
4.80
-37.71
13.38
40.36
YoY Sales Growth %
21.21
4.80
-37.71
13.38
40.36
Material Cost %
56
50
62
56
45
46
41
Employee Cost %
13
9
9
8
16
13
6
Other Cost %
23
22
18
18
20
19
20
OPM %
-0
12
10
14
16
14
19
Tax %
-41
25
40
23
19
21
23
Profit Growth %
-2.65
77.50
117.24
46.99
-25.44
Gross Margin %
0.00
0.00
0.00
0.00
0.00
0.00
0.00
EBITDA Margin %
-0.00
0.00
0.00
0.00
0.00
0.00
0.00
Interest Coverage Ratio
-0.00
0.00
0.00
0.00
0.00
0.00
0.00
Additional Fields
-2
18
17
27
19
20
39
all values in ₹ Cr unless suffixed · source: company filings
Segment Analysis

International Conveyors segment analysis: revenue and profit mix.

Disclosed business segments at International Conveyors with their share of revenue and profit, switchable between consolidated and standalone reporting.

International Conveyors discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Investment Thesis

International Conveyors Ltd investment thesis: bull case, bear case, and the flip lines.

Why someone would buy International Conveyors Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.

International Conveyors Ltd's investment case rests on 10 positive markers and 8 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • The company boasts impressive profitability with a Return on Equity (ROE) of 26.40% and Return on Capital Employed (ROCE) of 27.10%, indicating efficient capital utilization and strong returns for shareholders.

  • Despite a slight dip in sales, the company reported a robust 63.40% growth in quarterly profit, demonstrating strong operational efficiency and effective cost management.

  • With a low Price-to-Earnings (P/E) ratio of 5.53, the company appears significantly undervalued compared to its peers, which average much higher P/E multiples.

  • Promoter holding stands strong at 70.07%, reflecting high confidence from the management in the company's future prospects and long-term stability.

  • The company maintains a very healthy balance sheet with a low debt-to-equity ratio of 0.24, indicating minimal financial risk and strong solvency.

bear case

What can break it.

  • The company experienced a -12.20% decline in quarterly sales, which could signal challenges in demand or market share, requiring close monitoring of revenue trends.

  • FII and DII holdings are very low at 0.19% and 0.53% respectively, suggesting a lack of significant institutional investor confidence or visibility in the market.

  • The stock has traded between a 52-week high of 115.00 and a low of 61.20, indicating potential price volatility that investors should be aware of.

  • With a market cap of 619.00 Cr, the company is relatively small, which might limit its liquidity and appeal to larger institutional investors.

  • The presence of several peers with varying sales and profit growth rates indicates a competitive landscape, potentially impacting market share and pricing power.

flip conditions

What would change my mind.

  • Trim if P/E re-rates above 10. The valuation cushion thins from there.

  • Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.

  • Watch interest coverage if debt-to-equity climbs above 17.79. Balance sheet risk re-prices growth multiples fast.

  • Exit if ROE slips below 12%. The operating engine is no longer compounding capital efficiently.

Shareholding

International shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in International — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

Loading shareholding data...

Peers

International Conveyors Ltd peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — International Conveyors Ltd is highlighted for quick read-across.

Technicals

International Conveyors Ltd technical analysis: indicators, pivots and CPR.

Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for International Conveyors Ltd — derived from the live tape, not yesterday's close.

International Conveyors Ltd last traded at ₹80.53 with an intraday range of ₹79.7–₹82.5 — live indicator, pivot and CPR signals below.

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹80.53
LevelPrice (₹)Distance% Δ
R487.72+7.19+8.93%
R384.92+4.39+5.45%
R283.71+3.18+3.95%
R182.12+1.59+1.97%
PIVOT80.910.380.47%
CURRENT80.53
S173.72-6.81-8.46%
S276.52-4.01-4.98%
S378.11-2.42-3.01%
S479.32-1.21-1.50%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 80.72P: 80.91TC: 81.10
R1
R2
R3
R4
indicator
LTP: 80.53
PDH: 79.90
PDL: 77.65
● Market Sentiment

INTLCONV is trading Below CPR, indicating Bearishness

● CPR Width

CPR is Average

● Opening Range

Day's range: 80.29 ~ 81.9

● Price Position

Trading Above opening range, showing Bullishness

Delivery & Volume

International Conveyors Ltd delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for International Conveyors Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in International Conveyors Ltd stood at 49.4% of traded volume, against a 20-day average of 57.8%.

Avg Delivery (20D)57.8%-8.4 ppt latest vs avg
Highest Delivery76.3%on 29 May
Avg Volume (20D)51.9 K20-day run-rate
Conviction Trend↑ Strengthening-8.4 ppt latest read
Volume & Delivery · last 20 sessions
Filings & Concalls

International Conveyors announcements: results, concalls, ratings, M&A.

Filings International Conveyors sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

International Conveyors files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 44 documents below.

  1. 14 Apr 2026Certificate under SEBI (Depositories and Participants) Regulations, 2018View PDF

    Certificate under SEBI (Depositories and Participants) Regulations, 2018

    International Conveyors Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

  2. 09 Apr 2026AcquisitionView PDF

    Acquisition

    International Conveyors Limited has informed the Exchange about Acquisition

  3. 08 Apr 2026AcquisitionView PDF

    Acquisition

    International Conveyors Limited has informed the Exchange about Acquisition

  4. 03 Apr 2026General UpdatesView PDF

    General Updates

    International Conveyors Limited has informed the Exchange about General Updates

  5. 01 Apr 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    International Conveyors Limited has informed the Exchange about Copy of Newspaper Publication

§ 10b · Reports & Decks

Investor decks & rating reports.

Insider Activity

International Conveyors insider trading: promoter and management activity.

Promoter, director and designated-employee transactions in International Conveyors as reported to SEBI — buying and selling signals from the people who know the business best.

International Conveyors insider activity below tracks 28 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).

InsiderCategoryTxn DateActionQuantityValue (₹)Price
Amaranth Daksha Private LimitedInsider30 Mar 2026buy+24.15 L₹19 Cr₹78.68
I.G.E. (India) Private LimitedInsider30 Mar 2026buy+24.15 L₹19 Cr₹78.68
Amaranth Daksha Private LimitedInsider30 Mar 2026buy+24.15 L₹19 Cr₹78.68
I.G.E. (India) Private LimitedInsider30 Mar 2026buy+24.15 L₹19 Cr₹78.68
Amaranth Daksha Private LimitedInsider30 Mar 2026buy+24.15 L₹19 Cr₹78.68
I.G.E. (India) Private LimitedInsider30 Mar 2026buy+24.15 L₹19 Cr₹78.68
Amaranth Daksha Private LimitedInsider30 Mar 2026buy+24.15 L₹19 Cr₹78.68
I.G.E. (India) Private LimitedInsider30 Mar 2026buy+24.15 L₹19 Cr₹78.68
Elpro International LimitedInsider13 Jun 2025buy+33.7 K₹28.87 L₹85.68
Elpro International LimitedInsider12 Jun 2025buy+59.9 K₹51.88 L₹86.56
Corporate Actions

International Conveyors dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue International Conveyors has declared, sequenced by announce and record date.

International Conveyors corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

About the Company

About International Conveyors Ltd: business, sector, key facts.

What International Conveyors Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

International Conveyors Ltd operates in the Industrials, listed as NSE: INTLCONV, BSE: 509709.

INTLCONV
Industrials

International Conveyors Ltd

NSE · INTLCONV·BSE · 509709·www.iclbelting.com

INTLCONV, or International Conveyors Limited, is a prominent Indian company specializing in the manufacturing and marketing of PVC conveyor belting products. Their operations span both domestic and international markets, with a diversified business model encompassing four distinct segments: Conveyor Belting, Wind Energy, Trading Goods, and Investments.

The core of INTLCONV's business lies within its Conveyor Belting segment. This segment focuses on the production and sale of high-quality PVC conveyor belts, particularly notable for their mineplast fire-resistant variety. This specialized belting is designed for heavy-duty applications in various industries, including coal, potash, phosphate, fertilizer, clay, gypsum, and salt mining, as well as the timber industry. The durability and fire-resistant properties of these belts are key selling points, ensuring safety and efficiency in demanding operational environments.

Beyond the core conveyor belting manufacturing, INTLCONV also engages in the trading of complementary products. This Trading Goods segment involves the import and export of a range of conveyor belting types, such as ply conveyor belting and steel cord conveyor belting, alongside essential fittings and accessories. This diversification allows INTLCONV to offer a comprehensive solution to its customers, providing a one-stop shop for their conveyor belt needs.

Diversifying further, INTLCONV participates in the renewable energy sector through its Wind Energy segment. This segment focuses on the generation, supply, and sale of wind power, contributing to the company's commitment to sustainability and broader energy solutions. This move highlights a strategic expansion beyond its core manufacturing business into related sectors with growth potential.

Finally, INTLCONV maintains an Investments segment, indicating engagement in various financial ventures and strategic investments. While the specifics of this segment are not detailed, it demonstrates a proactive approach to capitalizing on opportunities for long-term growth and diversification beyond its operational activities. This integrated approach to business underscores INTLCONV's strategy of building a resilient and multifaceted organization.

company facts
Founded / IPO
Employees
SectorIndustrials
HeadquartersKolkata, India
Market Cap₹515.86 Cr
Listed OnNSE
leadership11 on record
Mr. Ashok Kumar Gulgulia
Chief Financial Officer
Mr. Yogesh Kajaria
Chairman & MD
Ms. Dipti Sharma
Compliance Officer, Company Secretary
Ms. Dipti Sharma
Company Secretary & Compliance Officer
Ms. Jayanthi Talluri
Non-Executive Independent Director
Shri. Ashok Gulgulia
Chief Financial Officer
Shri. Narayan Atal
Additional Non-Executive Independent Director
Shri. Sunit Mehra
Non-Executive Independent Director
Shri. Surbhit Dabriwala
Non-Executive Director
Shri. Udit Sethia
Non-Executive Director
Shri. Yogesh Kajaria
Executive Chairman of the Board, Managing Director
§ ∞ · Plainly Answered

Questions investors ask about International Conveyors Ltd (INTLCONV).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of International Conveyors Ltd (INTLCONV)?

The current share price of International Conveyors Ltd (INTLCONV) is ₹80.53. Today, the stock has gained by ₹1.41 (1.78%), trading in a range of ₹79.7 to ₹82.5. The stock opened at ₹81.9 with a trading volume of 43,485 shares.

02Is International Conveyors Ltd stock a good investment for long-term?

International Conveyors Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹515.86 crores, P/E ratio of 7.39, ROE of 17.40%, and ROCE of 27.10%. The dividend yield stands at 0.95%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of International Conveyors Ltd stock?

The 52-week high price of International Conveyors Ltd (INTLCONV) is ₹114.54, while the 52-week low is ₹60. Currently trading at ₹80.53, the stock is 37.6% away from its 52-week low and 29.7% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy International Conveyors Ltd stock at the current price?

Whether to buy International Conveyors Ltd stock at ₹80.53 depends on multiple factors. The stock is currently trading with a P/E ratio of 7.39 and P/B ratio of 1.19. Today's performance shows a gain of 1.78%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of International Conveyors Ltd and when is the next dividend?

International Conveyors Ltd offers a dividend yield of 0.95%, which means for every ₹100 invested at the current price of ₹80.53, you can expect to receive approximately ₹0.95 annually as dividends. The face value of the stock is ₹1.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of International Conveyors Ltd?

International Conveyors Ltd's key financial metrics include: P/E Ratio: 7.39, P/B Ratio: 1.19, ROE: 17.40%, ROCE: 27.10%, Dividend Yield: 0.95%, EPS: ₹10.74, Book Value: ₹66.53, and Debt-to-Equity: 17.29. The company's market cap stands at ₹515.86 crores. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is International Conveyors Ltd stock performing today in the market?

International Conveyors Ltd stock opened at ₹81.9 and is currently trading at ₹80.53, showing a gain of ₹1.41 (1.78%). The intraday high is ₹82.5 and low is ₹79.7. The trading volume stands at 43,485 shares, indicating moderate market participation today.

08What is the P/E ratio of International Conveyors Ltd and what does it indicate?

International Conveyors Ltd has a Price-to-Earnings (P/E) ratio of 7.39, which means investors are willing to pay ₹7.39 for every ₹1 of earnings. With an EPS of ₹10.74, this P/E ratio suggests the stock may be undervalued or facing growth challenges. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about International Conveyors Ltd (INTLCONV) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.