Elevated receivables and working capital strain
Trade receivables rose to ₹71 crore (~100 days), driven by revenue concentration in month-end and B2B2C models. Management targets 60 days long-term but no timeline given.
medium · analyst_questionThomas Scott Ltd — Q3 FY26
Thomas Scott delivered a strong Q3 FY26 with revenue of ₹56 crore (+46% YoY) and PAT of ₹5 crore (+67% YoY), despite a warehouse fire that management estimates cost 15-20% of po...
bullish
high
Financial stats pending filing verification
Risk Intelligence
Material risks this quarter
Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
Warehouse fire impact and insurance claim uncertainty
A fire at the Dandi warehouse caused inventory loss of ₹21.85 crore (fully insured). Management estimates 15-20% revenue loss but claim settlement timeline is unclear.
medium · management_commentaryInventory obsolescence risk from high SKU count
SKU count reached 31,216, raising concerns about slow-moving inventory. Management relies on test-and-scale and end-of-season sales, but tail inventory risk persists.
low · analyst_question