Thomas Scott (India) Limited was incorporated in October 2010 with the objective of taking over the Retail Division and Business of Bang Overseas Limited under the brand name "Thomas Scott". The company is engaged in the apparel, textile, and retail market, operating in only one business segment: trading of readymade garments and fabrics. Since its inception, the brand THOMAS SCOTT has established itself as a high-quality and stylish fashion retailer, and currently has 31 retail outlets across India stocking menswear, including formalwear and casualwear.
The company offers premium shirting & semi-formal Business casual shirts through its various brands, providing a range of men's formal wear & casual wear available in different colors, sizes, designs, and patterns. Apart from this, the company offers customized products based on customer specifications.
Thomas Scott operates through multiple brand categories to cater to different market segments. Its Hammersmith brand has four categories, which include Dress Shirts Luxury, Dress Shirts Exotica, Dress Shirts Classic, and Smart Shirts. The Company's Bang & Scott brand includes yarn-dyed cotton shirting fabric and men's shirts from India and Macedonia [Europe], with Bang & Scott's products being distributed in the United States, Europe, South Africa, Middle East, and Asian countries.
The company focuses on quality manufacturing and sourcing. It imports raw materials from the most reliable sources in European markets and also offers a semi-formal, yet thoroughly smart selection of Business casual shirts. In 2023, the Company developed two highly efficient manufacturing units in Bangalore and Europe (Macedonia), using modern machinery for manufacturing of flawless quality products and acquired a set of highly professional designers who were well-versed with the characteristics of different fabrics used in clothes.
The company has shown strong financial growth in recent periods. Net profit of Thomas Scott India rose 25.00% to ₹3.00 crore in the quarter ended December 2024 as against ₹2.40 crore during the previous quarter ended December 2023, while sales rose 109.70% to ₹45.40 crore in the quarter ended December 2024 as against ₹21.65 crore during the previous quarter ended December 2023. The company's revenue surged 109.7% year-on-year, and net profit increased by 25%.
- Q4 FY24 Performance:
- Revenue: ₹45.40 Cr
- Net Profit: ₹3.00 Cr
- Annual Performance FY24:
- Revenue: ₹161 Cr
- Net Profit: ₹12.8 Cr
- Growth Metrics:
- Revenue growth (last 5 years): 33.44% (vs industry avg of 24.39%)
- Market share increase (last 5 years): 0.12% to 0.24%
The market cap of Thomas Scott (India) Ltd (THOMASCOTT) is ₹523.22 Cr as of 19th May 2025. The 52-week high of Thomas Scott (India) Ltd (THOMASCOTT) is ₹509 and the 52-week low is ₹185.59, with the P/E (price-to-earnings) ratio of Thomas Scott (India) Ltd (THOMASCOTT) at 52.27.
The stock has demonstrated significant growth momentum. Thomas Scott India Ltd share price moved up by 44.57% in the last 12 months on BSE and moved up by 554.40% in the last 3 years on BSE. Search interest for Thomas Scott India Ltd Stock has increased by 188% in the last 30 days, reflecting an upward trend in search activity.
The company is led by experienced management. Mr. Brijgopal Bang is a Commerce Graduate and also completed his Master of Management Studies (MMS) from Bombay University in the year 1992. He is the promoter and Managing Director of the Company. In the main management, Brijgopal Bang is Chairman and Rashi Bang is the Company Secretary for Thomas Scott India Ltd.
Shareholding Pattern (as of May 2025):
- Promoter Holding: 52.21% (down from 57.85% in Dec 2024)
- FII: 0.8%
- DII: 2.4%
- Public: 41.3%
Notably, Ashish Kacholia acquired a 2.43% stake in Thomas Scott India Ltd, valued at ₹9.5 crores, indicating institutional interest in the company.
The company seeks to continuously strive to meet the demands of its growing customer base. It plans to further expand its network of outlets and introduce lifestyle products such as sunglasses, belts, jewellery, and fragrances. It also plans to offer casual and formal women's wear. Thomas Scott India Limited aims to provide an end-to-end, high-quality fashion service, with all its processes, such as supply chain management and logistics, managed via its centralized warehousing hub.
The company's focus on premium positioning, quality manufacturing, international sourcing, and retail expansion positions it well in the growing Indian apparel market. With strong financial performance and strategic expansion plans, Thomas Scott India continues to strengthen its presence in the premium menswear segment while exploring new product categories and markets.
