Indo Count Industries Ltd
ICILIndo Count Industries Ltd
ICILPrice Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
20.78 | 3.08 | 0.68% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
38.56 | 6.70 | 0.73% |
Forecast & Ratings
Detailed Forecast from 1 analyst
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Indo Count Industries Limited is a home textile company engaged in the activity of manufacture of textile products. The Company is involved in the manufacture of bedding, quilts, pillows, sleeping bags and others.
Investor Presentation
View olderÂPeers
Compare with peersÂVedant Fashions Ltd
KPR Mill Ltd
Aditya Birla Real Estate Ltd
Swan Energy Ltd
Trident Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 2,110.60 | 2,257.80 | 1,958.17 | 1,944.70 | 2,134.77 | 2,557.02 | 2,982.23 | 3,042.98 | 3,600.79 | 3,815.41 | ||||||||||
Raw Materials | 1,092.48 | 1,130.38 | 1,110.65 | 1,036.02 | 1,108.01 | 1,405.09 | 1,438.69 | 1,426.22 | 1,725.60 | 3,211.95 | ||||||||||
Power & Fuel Cost | 70.76 | 73.66 | 85.36 | 94.27 | 81.57 | 64.66 | 87.27 | 170.64 | 198.73 | |||||||||||
Employee Cost | 89.60 | 106.76 | 117.10 | 134.61 | 135.93 | 135.33 | 164.16 | 242.29 | 282.76 | |||||||||||
Selling & Administrative Expenses | 121.50 | 109.17 | 83.04 | 99.84 | 108.70 | 117.06 | 271.47 | 291.65 | 358.91 | |||||||||||
Operating & Other expenses | 271.74 | 409.38 | 299.86 | 413.73 | 561.17 | 424.02 | 446.33 | 426.48 | 432.05 | |||||||||||
EBITDA | 464.52 | 428.45 | 262.16 | 166.23 | 139.39 | 410.86 | 574.31 | 485.70 | 602.74 | 603.46 | ||||||||||
Depreciation/Amortization | 30.14 | 33.13 | 33.06 | 35.27 | 43.46 | 43.15 | 40.91 | 64.73 | 82.58 | 93.77 | ||||||||||
PBIT | 434.38 | 395.32 | 229.10 | 130.96 | 95.93 | 367.71 | 533.40 | 420.97 | 520.16 | 509.69 | ||||||||||
Interest & Other Items | 55.08 | 42.12 | 34.74 | 35.60 | 39.25 | 28.08 | 47.36 | 62.38 | 69.85 | 88.80 | ||||||||||
PBT | 379.30 | 353.20 | 194.36 | 95.36 | 56.68 | 339.63 | 486.04 | 358.59 | 450.31 | 420.89 | ||||||||||
Taxes & Other Items | 127.90 | 120.96 | 68.32 | 35.12 | -17.10 | 89.00 | 127.43 | 81.81 | 112.38 | 111.54 | ||||||||||
Net Income | 251.40 | 232.24 | 126.04 | 60.24 | 73.78 | 250.63 | 358.61 | 276.78 | 337.93 | 309.35 | ||||||||||
EPS | 12.74 | 11.76 | 6.39 | 3.05 | 3.74 | 12.70 | 18.17 | 14.00 | 17.06 | 15.62 | ||||||||||
DPS | 0.40 | 0.80 | 0.80 | 0.60 | 0.60 | 1.50 | 2.00 | 2.00 | 2.20 | 2.20 | ||||||||||
Payout ratio | 0.03 | 0.07 | 0.13 | 0.20 | 0.16 | 0.12 | 0.11 | 0.14 | 0.13 | 0.14 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFInvestor Presentation
Peers & Comparison
Consumer DiscretionaryTextiles
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Indo Count Industries Ltd | 19.03 | 3.08 | 0.68% |
Vedant Fashions Ltd | 84.12 | 21.75 | 0.59% |
KPR Mill Ltd | 41.54 | 7.68 | 0.51% |
Aditya Birla Real Estate Ltd | 602.13 | 7.43 | 0.18% |
Price Comparison
Compare ICIL with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 1.29%
Top 5 Mutual Funds holding Indo Count Industries Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
HSBC India Export Opportunities Fund - Direct Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2647% | Percentage of the fund’s portfolio invested in the stock 0.96% | Change in the portfolio weight of the stock over the last 3 months 0.96% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 41/48 (-19) |
JM Small Cap Fund - Direct Plan - Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.1163% | Percentage of the fund’s portfolio invested in the stock 1.29% | Change in the portfolio weight of the stock over the last 3 months -0.06% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 63/91 (-3) |
Groww Nifty Total Market Index Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0006% | Percentage of the fund’s portfolio invested in the stock 0.02% | Change in the portfolio weight of the stock over the last 3 months 0.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 588/801 (+2) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividend Cuts
ICIL has increased or maintained dividend levels over the last 5 years
Dividend Yield
Current dividend yield is 0.68%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹6.78 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 24, 2024
Dividend/Share
₹2.20
Ex DateEx Date
Jul 24, 2024
Cash Dividend
Ex DateEx DateAug 11, 2023
Dividend/Share
₹2.00
Ex DateEx Date
Aug 11, 2023
Cash Dividend
Ex DateEx DateSep 19, 2022
Dividend/Share
₹2.00
Ex DateEx Date
Sep 19, 2022
Cash Dividend
Ex DateEx DateAug 26, 2021
Dividend/Share
₹1.50
Ex DateEx Date
Aug 26, 2021
Cash Dividend
Ex DateEx DateJul 22, 2020
Dividend/Share
₹0.60
Ex DateEx Date
Jul 22, 2020
Net profit of Indo Count Industries declined 28.59% to Rs 81.54 crore in the quarter ended September 2024 as against Rs 114.18 crore during the previous quarter ended September 2023. Sales rose 2.67% to Rs 1035.85 crore in the quarter ended September 2024 as against Rs 1008.96 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1035.851008.96 3 OPM %15.2016.31 - PBDT135.90171.07 -21 PBT110.79150.84 -27 NP81.54114.18 -29 Powered by Capital Market - Live
Indo Count Industries will hold a meeting of the Board of Directors of the Company on 7 November 2024Powered by Capital Market - Live
Indo Count Industries announced another strategic move to broaden its Utility Bedding segment. Indo Count Global, Inc. (ICG), a 100% U.S. based subsidiary of Indo Count Industries has acquired Modern Home Textiles, Inc., manufacturer of wide range of pillows and other filled products (Utility Bedding) having its facility located at Phoenix, Arizona with an annual capacity to produce 8 mn. pillows. ICG also acquired last month majority stake in Fluvitex USA, Inc., a pillow and quilt manufacturing company based in Columbus, Ohio which has the capacity to produce 5 mn. pillows and 1.5 mn. quilts. This back-to-back acquisition is a stepping stone to establish an integrated utility bedding business for the North American Market. These acquisitions have different locations one in Midwest and the other one on the West Coast thus providing an efficient distribution base to both existing and prospective customers. With these two acquisitions, the total manufacturing capacity in USA will be 13 mn. Pillows and an additional capacity of 1.5 mn. Quilts annually. At full capacity, the total expected revenue is USD 85 mn. plus. The Customer base in both Fluvitex and Modern Home Textile are not overlapping, thus providing a strong projected growth. These investments by Indo Count Global, USA are part of a larger plan to build significant capacities in pillow manufacturing to service the utility bedding customers in North America.Powered by Capital Market - Live
The key equity indices reversed all losses and traded with small gains in mid-morning trade. The Nifty marched above the 25,400 level after hitting the day's low of 25,352.25 in morning trade. IT shares advanced after declining in the previous trading session. At 11:30 IST, the barometer index, the S&P BSE Sensex, added 92.63 points or 0.12% to 83,079.37. The Nifty 50 index rose 34.45 points or 0.14% to 25,418.20. In the broader market, the S&P BSE Mid-Cap index shed 0.02% and the S&P BSE Small-Cap index fell 0.41%. The market breadth was weak. On the BSE, 1,565 shares rose and 2,000 shares fell. A total of 138 shares were unchanged. IPO Update : The initial public offer (IPO) of Western Carriers (India) received 12,88,93,197 bids for shares as against 2,08,68,467 shares on offer, according to stock exchange data at 15:15 IST on Tuesday (17 September 2024). The issue was subscribed 6.18 times. The issue opened for bidding on Friday (13 September 2024) and it will close on Wednesday (18 September 2024). The price band of the IPO is fixed between Rs 163 to Rs 172 per share. An investor can bid for a minimum of 87 equity shares and in multiples thereof. The initial public offer (IPO) of Northern Arc Capital received 9,92,54,442 bids for shares as against 2,14,78,290 shares on offer, according to stock exchange data at 15:15 IST on Tuesday (17 September 2024). The issue was subscribed 4.62 times. The issue opened for bidding on Monday (16 September 2024) and it will close on Thursday (19 September 2024). The price band of the IPO is fixed between Rs 249 to 263 per share. An investor can bid for a minimum of 57 equity shares and in multiples thereof. The initial public offer (IPO) of Arkade Developers received 20,51,50,000 bids for shares as against 2,37,75,719 shares on offer, according to stock exchange data at 15:15 IST on Tuesday (17 September 2024). The issue was subscribed 8.63 times. The issue opened for bidding Monday (16 September 2024) and it will close on Thursday (19 September 2024). The price band of the IPO is fixed between Rs 121 to 128 per share. An investor can bid for a minimum of 110 equity shares and in multiples thereof. Buzzing Index : The Nifty IT index rose 0.40% to 43,526.40. The index fell 0.10% in the past trading session. Tech Mahindra (up 0.79%), Mphasis (up 0.76%), LTIMindtree (up 0.72%), L&T Technology Services (up 0.47%) and Persistent Systems (up 0.47%), HCL Technologies (up 0.31%), Tata Consultancy Services (up 0.19%), Coforge (up 0.16%), Infosys (up 0.02%) advanced. Stocks in Spotlight : Indo Count Industries added 1.75% after the company said that its wholly owned subsidiary Indo Count Global has acquired majority stake of 81% in Fluvitex USA, Inc. JK Tyre & Industries fell 1.07%. The company's board approved the plan to merge Cavendish Industries with the company. HEG declined 1.89% after the Gulshan Sakhuja resigned as CFO with effect from 16 Monday 2024. Global Markets : Asia-Pacific stocks traded mixed on Tuesday as investors awaited for the Federal Reserve to kick off its monetary loosening cycle. Regional markets were influenced by a mixed performance on Wall Street, where technology stocks pulled down the Nasdaq Composite. Conversely, the Dow Jones Industrial Average reached a new high, driven by optimism about lower interest rates. Trading volumes were subdued due to market holidays in China and South Korea. Sentiment towards China was dampened by concerns about a potential escalation in trade tensions with the West. The Fed is set to meet Tuesday and Wednesday and is widely anticipated to lower rates for the first time since it began its hiking cycle in March 2022. Markets are pricing in at least 100 basis points of cuts this year. In the United States, the S&P 500 gained 0.13%, while the Dow Jones Industrial Average rose 0.55%, notching a record close. The tech-heavy Nasdaq Composite declined by 0.52%. Apple shares fell by 2.8% following analyst reports suggesting weaker demand for iPhone 16 Pro models compared to the previous year. Chip stocks, such as Nvidia, which led the market rebound last week, also faced selling pressure as investors took profits.Powered by Capital Market - Live
The agreement also grants Indo Count Global an exclusive option to buy the balance 19% stake within the next 5 years. i.e. by September 30, 2029. The acquisition is funded by internal accruals and debt. The said stake in Fluvitex USA is being acquired from its promoter shareholder Masias Invest, S.L., a renowned Spanish textile machinery firm since 1944. Fluvitex is a pillow & quilt manufacturing company based in Columbus, Ohio with an annual production capacity of 5 million pillows of different types and 1.5 million quilts. Fluvitex's strategic location allows efficient distribution across the USA and Canada with a revenue potential of more than USD 50 million. The acquisition would provide Indo Count with a manufacturing footprint in the USA, thus enabling the company to offer a diverse range of bedlinen products, including pillows, quilts, decorative pillows and other fashion-filled products to the large North American market. Mohit Jain, executive vice chairman, commented: 'Acquiring Fluvitex is a critical move as it allows Indo Count to establish a fully integrated Utility Bedding business in the USA. Fluvitex's state-of-the-art manufacturing facility and its strategic location will significantly enhance our ability to serve North American customers with a broader product range. This, along with the recent Wamsutta brand acquisition, represents a key milestone in Indo Count's strategy to build a globally comprehensive Bedding portfolio.' Indo Count Industries is the largest global home textile bed linen manufacturer. The company's consolidated net profit rose 5.51% to Rs 77.80 crore on a 26.97% increase in sales to Rs 941.43 crore in Q1 FY25 over Q1 FY24. Powered by Capital Market - Live
Indo Count Industries announced that Abhay Karhade has been appointed as Vice President- Information Technology, being part of the Senior Management Personnel w.e.f. 16 August 2024.Powered by Capital Market - Live
Varun Beverages Ltd leads losers in ‘A’ group
Indo Count Industries consolidated net profit rises 5.51% in the June 2024 quarter
Net profit of Indo Count Industries rose 5.51% to Rs 77.80 crore in the quarter ended June 2024 as against Rs 73.74 crore during the previous quarter ended June 2023. Sales rose 26.97% to Rs 941.43 crore in the quarter ended June 2024 as against Rs 741.43 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales941.43741.43 27 OPM %15.4116.85 - PBDT132.62115.70 15 PBT107.6197.00 11 NP77.8073.74 6 Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 13.11%, vs industry avg of 2.96%
Increasing Market Share
Over the last 5 years, market share increased from 1.36% to 2.09%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 41.18%, vs industry avg of -9.62%