Indo Count Industries Limited (ICIL) AI Stock Analysis

• Market Cap: ₹47.68B
• Dividend Yield: 0.81%
• Average Volume (3M): 18.26K
• Price to Earnings (P/E): 23.1
• Beta (1Y): 1.18
• Revenue Growth: 10.96%
• EPS Growth: -39.76%
• Country: IN
• Employees: 3,626
• Sector: Consumer Goods
• Sector Strength: N/A
• Industry: Apparel - Manufacturers
• EPS (TTM): 1.90
• Shares Outstanding: 198,054,340
• 10 Day Avg. Volume: 21,913
• 30 Day Avg. Volume: 18,263
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹272.00
• Price Target Upside: 9.66% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 58 Neutral
• Price Target: ₹272.00 ▲(9.66% Upside)

The stock score of Indo Count Industries Limited is primarily influenced by stable financial performance, with commendable revenue and cash flow growth. However, technical analysis indicates bearish momentum, which weighs down the overall score. Valuation is moderate, providing a balanced view of the stock’s current market standing. The absence of significant earnings call insights or corporate events means these factors do not influence the score.

Indo Count Industries Limited Business Overview & Revenue Model

Company Description

Indo Count Industries Limited (ICIL) is a leading Indian textile manufacturer specializing in the production of bed linen, sheets, and other home textile products. The company operates in the home textiles sector, focusing on the design, manufacture, and export of high-quality bedding solutions. With a strong presence in international markets, ICIL is recognized for its innovative product offerings and commitment to sustainability.

How the Company Makes Money

ICIL makes money primarily through the manufacturing and export of home textile products, with a significant focus on bed linens and sheets. The company's revenue streams are primarily driven by its sales to large retail chains, specialty stores, and e-commerce platforms globally. A major portion of its income is derived from international markets, particularly the United States and Europe, where it has established a strong distribution network. Additionally, ICIL has strategic partnerships with global retailers, which help to expand its market reach and enhance its product offerings. The company's emphasis on innovation, quality, and sustainable practices also contributes to its competitive advantage and revenue generation.

Indo Count Industries Limited Financial Statement Overview

Summary

Indo Count Industries Limited demonstrates robust growth and profitability in the apparel manufacturing sector. Revenue growth and cash flow improvements are commendable, though operating margins face pressure. The company maintains a strong equity base but has moderate financial leverage risks.

Income Statement

Indo Count Industries Limited shows a steady revenue growth trajectory with a Revenue Growth Rate of 26.9% in the latest year. The Gross Profit Margin stands at 42.2%, indicating strong production efficiency, though it slightly decreased from the previous year. The Net Profit Margin is at 5.9%, reflecting moderate profitability. EBIT and EBITDA Margins are 10.1% and 13.8%, respectively, showing robust operational efficiency. However, the declining EBIT margin over the years indicates pressure on operating profits.

Balance Sheet

The company's financial leverage is noticeable, with a Debt-to-Equity Ratio of 0.64, signaling moderate financial risk due to debt levels. Return on Equity stands at 10.8%, which is healthy but slightly declining, reflecting potential challenges in generating returns for shareholders. The Equity Ratio of 53.4% indicates a solid equity base, providing a stable financial foundation.

Cash Flow

The Free Cash Flow Growth Rate is strong at 220.6%, highlighting significant improvements in cash-generating ability. The Operating Cash Flow to Net Income Ratio is 1.16, indicating efficient conversion of net income into cash. The Free Cash Flow to Net Income Ratio of 0.14 reflects cautious cash management, though it suggests limited free cash flow compared to net income.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2022	Mar 2023	Mar 2021
Income Statement
Total Revenue	42.22B	41.51B	32.71B	28.42B	30.12B	23.49B
Gross Profit	21.69B	17.53B	15.01B	14.82B	14.29B	8.95B
EBITDA	6.51B	5.73B	6.03B	5.74B	4.77B	4.02B
Net Income	3.27B	2.46B	3.38B	3.59B	2.77B	2.51B
Balance Sheet
Total Assets	0.00	42.60B	35.69B	32.64B	30.48B	22.96B
Cash, Cash Equivalents and Short-Term Investments	3.66B	2.52B	2.28B	4.02B	2.37B	2.90B
Total Debt	0.00	14.49B	9.56B	13.19B	8.76B	5.77B
Total Liabilities	-21.98B	19.82B	14.80B	16.71B	12.55B	10.05B
Stockholders Equity	21.98B	22.78B	20.89B	15.87B	17.93B	12.85B
Cash Flow
Free Cash Flow	0.00	343.91M	107.27M	-4.89B	4.13B	-555.39M
Operating Cash Flow	0.00	2.86B	1.46B	-371.23M	7.55B	-197.02M
Investing Cash Flow	0.00	-4.97B	-1.09B	-2.58B	-4.74B	-1.89B
Financing Cash Flow	0.00	2.25B	-473.51M	6.46B	-5.74B	1.85B

Indo Count Industries Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 248.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ICIL, the sentiment is Negative. The current price of 248.05 is below the 20-day moving average (MA) of 271.46, below the 50-day MA of 277.24, and below the 200-day MA of 305.24, indicating a bearish trend. The MACD of -13.41 indicates Positive momentum. The RSI at 38.35 is Neutral, neither overbought nor oversold. The STOCH value of 34.53 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ICIL.

Indo Count Industries Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PGIL	68 Neutral	₹57.59B	22.88		0.92%	30.23%	23.88%
ARVIND	64 Neutral	₹76.62B	20.84		1.28%	10.23%	18.42%
ICIL	58 Neutral	₹47.68B	23.15		0.81%	10.96%	-39.76%
Sector *	57 Neutral	$3.22B	9.46	-34.32%	2.94%	-25.56%	-353.61%
GOKEX	54 Neutral	₹51.45B	29.13		0.12%	39.03%	21.61%
KITEX	53 Neutral	₹33.97B	25.69		0.30%	49.50%	74.50%
SANGAMIND	50 Neutral	₹18.54B	94.48		0.55%	11.71%	-53.79%

Indo Count Industries Limited Corporate Events

Indo Count Industries Releases 2024-25 Sustainability Report

Indo Count Industries Limited has submitted its Business Responsibility and Sustainability Report for the financial year 2024-25 to the stock exchanges. This report, in compliance with SEBI regulations, highlights the company’s commitment to sustainable practices and corporate responsibility, potentially enhancing its reputation and stakeholder trust in the textile industry.

Indo Count Industries to Hold Virtual AGM in August 2025

Indo Count Industries Limited has announced that its 36th Annual General Meeting (AGM) will be held on August 19, 2025, through video conferencing or other audio-visual means. This decision follows the Ministry of Corporate Affairs’ circulars allowing AGMs to be conducted virtually, ensuring compliance with regulatory requirements. The company has advertised this information in the Times of India and Kesari newspapers, ensuring stakeholders are informed of the virtual meeting details.

Indo Count Industries Confirms Compliance with SEBI Regulations

Indo Count Industries Limited has submitted a confirmation certificate in compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ending June 30, 2025. The certificate, issued by their Registrar and Share Transfer Agent, MUFG Intime India Pvt. Ltd., confirms that securities received for dematerialisation have been processed appropriately and listed on the stock exchanges. This announcement ensures stakeholders of the company’s adherence to regulatory requirements, potentially reinforcing trust in its operational transparency.