Thomas Scott Q3FY26 Results: Revenue Surges 46% to ₹663 Million with Strong Growth
Thomas Scott (India) Limited has released its Q3FY26 earnings call transcript, revealing strong financial performance with 46% revenue growth to ₹663 million and robust segment performance across its diversified business verticals, while successfully managing recovery from a warehouse fire incident.

*this image is generated using AI for illustrative purposes only.
Thomas Scott (India) Limited has delivered robust financial performance in Q3FY26, showcasing significant revenue growth and operational expansion across its diversified business verticals. The company's latest investor presentation reveals strong momentum in both B2C and B2B segments.
Q3FY26 Financial Performance
The company reported impressive quarterly results with revenue from operations reaching ₹663 million, marking a substantial 46.0% year-on-year growth from ₹454 million in Q3FY25. Quarter-on-quarter growth stood at 16.5% compared to ₹569 million in Q2FY26.
| Financial Metrics: | Q3FY26 | Q3FY25 | Y-o-Y Growth |
|---|---|---|---|
| Revenue from Operations: | ₹663 Mn | ₹454 Mn | 46.0% |
| EBITDA: | ₹79 Mn | ₹56 Mn | 41.1% |
| PAT: | ₹50 Mn | ₹30 Mn | 66.7% |
| EBITDA Margin: | 11.92% | 12.33% | (41) bps |
| PAT Margin: | 7.54% | 6.61% | 93 bps |
Nine-Month Performance Highlights
The company's nine-month performance for FY26 demonstrates sustained growth trajectory with revenue reaching ₹1,771 million, representing a remarkable 56.2% increase from ₹1,134 million in 9M-FY25.
| 9M Performance: | 9M-FY26 | 9M-FY25 | Growth |
|---|---|---|---|
| Revenue: | ₹1,771 Mn | ₹1,134 Mn | 56.2% |
| EBITDA: | ₹224 Mn | ₹128 Mn | 75.0% |
| PAT: | ₹131 Mn | ₹72 Mn | 81.9% |
| EBITDA Margin: | 12.65% | 11.29% | 136 bps |
Earnings Call Transcript Released
Following the strong quarterly results, Thomas Scott (India) Limited has released the complete transcript of its earnings conference call held on February 16, 2026. The transcript was submitted to BSE and NSE on February 17, 2026, under Regulation 30 compliance requirements.
| Earnings Call Details: | Information |
|---|---|
| Call Date: | February 16, 2026 |
| Time: | 12:00 PM IST |
| Transcript Release: | February 17, 2026 |
| Compliance: | SEBI Regulation 30 |
Fire Incident and Recovery
During the earnings call, Managing Director Vedant Bang disclosed details about an unforeseen fire incident at the company's Bhiwandi warehouse on November 25, 2025. The incident resulted in inventory loss with a carrying value of ₹21.85 crores, which was adequately covered under the company's insurance policy.
| Fire Incident Details: | Information |
|---|---|
| Date: | November 25, 2025 |
| Location: | Bhiwandi warehouse, Maharashtra |
| Inventory Loss: | ₹21.85 crores |
| Insurance Coverage: | Fully covered |
| Net P&L Impact: | ₹31.22 lakhs |
The management emphasized that there was no loss of life and the supply chain operations were quickly restored with minimal disruption to customers and channel partners. The company estimates potential revenue impact of 15-20% for the quarter, though actual impact was minimized through enhanced operational efforts.
Segment Performance and Business Updates
The company's own brand Thomas Scott recorded revenues of ₹27 crores, marking a 91% year-on-year growth, reflecting strong direct-to-consumer franchise performance. The licensed and other brand segment reported revenue of ₹34 crores, up 18% year-on-year, while contract manufacturing contributed ₹5 crores with 113% growth.
| Segment Performance: | Q3FY26 Revenue | Y-o-Y Growth |
|---|---|---|
| Thomas Scott Brand: | ₹27 crores | 91% |
| Licensed Brands: | ₹34 crores | 18% |
| Contract Manufacturing: | ₹5 crores | 113% |
Manufacturing Capacity and Operations
Thomas Scott operates through three key business verticals with a diversified revenue stream. The company's 9M-FY26 category-wise revenue split shows Men's Apparel dominating at 83%, followed by Women's Accessories at 8%, Kids Apparel at 6%, and Women's Apparel at 3%.
| Manufacturing Capacity: | Details |
|---|---|
| Manufacturing Units: | 4 |
| Shirts Capacity: | 60,000 pieces/month |
| Bottoms Capacity: | 60,000 pieces/month |
| Bags Capacity: | 20,000 pieces/month |
| Fulfillment Centers: | 4 |
| Daily Fulfillment Capacity: | 15,000 pieces |
The company maintains a robust distribution network across India with manufacturing zones in Maharashtra and Bangalore, along with six retail outlets located in Bengaluru for its Thomas Scott brand offline presence. Winter wear collection contributed 15-20% to quarterly revenue, reaching 35% in December.
Historical Stock Returns for Thomas Scott
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.18% | -16.42% | -18.15% | -26.02% | -23.90% | +3,688.41% |




























