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Indo Count Industries Ltd

ICIL

Indo Count Industries Ltd

ICIL
Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹6,429 cr, stock is ranked 697
High RiskStock is 3.22x as volatile as Nifty
336.303.59% (+11.65)
336.303.59% (+11.65)

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Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹6,429 cr, stock is ranked 697
High RiskStock is 3.22x as volatile as Nifty
Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹6,429 cr, stock is ranked 697
High RiskStock is 3.22x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
20.783.080.68%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
38.566.700.73%

Forecast & Ratings

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 1 analyst

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

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

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Nov 7, 2024

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 13.11%, vs industry avg of 2.96%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 1.36% to 2.09%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 41.18%, vs industry avg of -9.62%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue2,110.602,257.801,958.171,944.702,134.772,557.022,982.233,042.983,600.793,815.41
Raw Materialssubtract1,092.481,130.381,110.651,036.021,108.011,405.091,438.691,426.221,725.603,211.95
Power & Fuel Costsubtract70.7673.6685.3694.2781.5764.6687.27170.64198.73
Employee Costsubtract89.60106.76117.10134.61135.93135.33164.16242.29282.76
Selling & Administrative Expensessubtract121.50109.1783.0499.84108.70117.06271.47291.65358.91
Operating & Other expensessubtract271.74409.38299.86413.73561.17424.02446.33426.48432.05
Depreciation/Amortizationsubtract30.1433.1333.0635.2743.4643.1540.9164.7382.5893.77
Interest & Other Itemssubtract55.0842.1234.7435.6039.2528.0847.3662.3869.8588.80
Taxes & Other Itemssubtract127.90120.9668.3235.12-17.1089.00127.4381.81112.38111.54
EPS12.7411.766.393.053.7412.7018.1714.0017.0615.62
DPS0.400.800.800.600.601.502.002.002.202.20
Payout ratio0.030.070.130.200.160.120.110.140.130.14

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

May 29PDF
Mar 14PDF
Mar 4PDF
Mar 1PDF
FY 2023

Annual report

PDF

Investor Presentation

May 30PDF
Feb 6PDF
Nov 14PDF
Aug 1PDF
FY 2024

Annual report

PDF

Investor Presentation

Aug 7PDF
FY 2025

Annual Report Pending

Investor Presentation

Nov 7PDF
 

Peers & Comparison

Comparing 3 stocks from 
Consumer DiscretionaryTextiles

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Indo Count Industries Ltd19.033.080.68%
Vedant Fashions Ltd84.1221.750.59%
KPR Mill Ltd41.547.680.51%
Aditya Birla Real Estate Ltd602.137.430.18%

Price Comparison

Compare ICIL with any stock or ETF
Compare ICIL with any stock or ETF
ICIL
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding58.74%3.25%0.42%10.69%26.89%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep9.14%10.25%10.66%10.74%10.69%10.69%

Mutual Funds Holding Trend

Increased Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

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)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
HSBC India Export Opportunities Fund - Direct Growth

Growth
0.2647%0.96%0.96%41/48 (-19)
JM Small Cap Fund - Direct Plan - Growth

Growth
0.1163%1.29%-0.06%63/91 (-3)
Groww Nifty Total Market Index Fund - Growth - Direct Plan

Growth
0.0006%0.02%0.00%588/801 (+2)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividend Cuts

Dividends are the portion of earnings that a company distributes to all its shareholders every year

ICIL has increased or maintained dividend levels over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

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

Final
Final | Div/Share: ₹2.20

Dividend/Share

₹2.20

Ex DateEx Date

Jul 24, 2024

Cash Dividend

Ex DateEx DateAug 11, 2023

Final
Final | Div/Share: ₹2.00

Dividend/Share

₹2.00

Ex DateEx Date

Aug 11, 2023

Cash Dividend

Ex DateEx DateSep 19, 2022

Final
Final | Div/Share: ₹2.00

Dividend/Share

₹2.00

Ex DateEx Date

Sep 19, 2022

Cash Dividend

Ex DateEx DateAug 26, 2021

Final
Final | Div/Share: ₹1.50

Dividend/Share

₹1.50

Ex DateEx Date

Aug 26, 2021

Cash Dividend

Ex DateEx DateJul 22, 2020

Final
Final | Div/Share: ₹0.60

Dividend/Share

₹0.60

Ex DateEx Date

Jul 22, 2020

News & Opinions
Earnings
Indo Count Industries consolidated net profit declines 28.59% in the September 2024 quarter

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

3 weeks agoCapital Market - Live
Corporate
Indo Count Industries declare Quarterly Result

Indo Count Industries will hold a meeting of the Board of Directors of the Company on 7 November 2024Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Indo Count Global expands its presence in the US with two acquisitions

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

1 month agoCapital Market - Live
Live Market Update
Barometers pare losses; IT share slides

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

2 months agoCapital Market - Live
Spotlight
Indo Count edges higher after acquiring pillow & quilt maker Fluvitex USA

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

2 months agoCapital Market - Live
Corporate
Indo Count Industries appoints senior management personnel

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

3 months agoCapital Market - Live
जैन सा'ब के GEMS... | Indo Count: Sandeep Jain’s Investment Secrets and Future Predictions!
3 months agoZee Business

Varun Beverages Ltd leads losers in ‘A’ group

4 months agoBusiness Standard

Indo Count Industries consolidated net profit rises 5.51% in the June 2024 quarter

4 months agoBusiness Standard
Earnings
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

4 months agoCapital Market - Live