Indo Count Industries Limited (ICIL) AI Stock Analysis

• Market Cap: ₹49.07B
• Dividend Yield: 0.74%
• Average Volume (3M): 43.91K
• Price to Earnings (P/E): 57.2
• Beta (1Y): 1.91
• Revenue Growth: 10.86%
• EPS Growth: -47.15%
• Country: IN
• Employees: 3,626
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Apparel - Manufacturers
• EPS (TTM): 1.20
• Shares Outstanding: 198,054,340
• 10 Day Avg. Volume: 15,379
• 30 Day Avg. Volume: 43,915
• PEG Ratio: -0.79
• Price to Book (P/B): 2.33
• Price to Sales (P/S): 1.28
• P/FCF Ratio: 154.44
• 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: ₹400.00
• Price Target Upside: 34.03% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 16.62
• Revenue Forecast (FY): ₹47.64B

• Rating: 57 Neutral
• Price Target: ₹233.00 ▼(-21.93% Downside)
• Action: Reiterated Date: 03/24/26
• Date: Action: Reiterated 03/24/26

The score is supported primarily by solid financial performance, led by strong revenue and cash flow growth and a stable equity base. It is held back by weak technicals (broad downtrend with negative MACD despite oversold readings) and an expensive valuation (high P/E with a low dividend yield).

Positive Factors

Strong free cash flow generation

Sustained, large free cash flow growth and OCF/NI >1 indicate the business converts profits into cash reliably. This durable cash generation supports capex, working capital for export cycles, deleveraging or shareholder returns and improves financial flexibility over the next 2–6 months.

Negative Factors

Moderate financial leverage

A D/E near 0.64 is moderate but material for a manufacturing exporter; interest and principal obligations reduce flexibility. If operating margins compress or working capital needs rise, leverage could constrain investment or require higher cash retention over the coming months.

Indo Count Industries Limited Business Overview & Revenue Model

Company Description

Indo Count Industries Limited manufactures and sells home textile products in India. The company offers bed sheets; fashion bedding products, such as matching and complementary sheets, comforters, duvet covers, quilts, pillows, shams, and skirts; ...

Read more

Indo Count Industries Limited manufactures and sells home textile products in India. The company offers bed sheets; fashion bedding products, such as matching and complementary sheets, comforters, duvet covers, quilts, pillows, shams, and skirts; ...

How the Company Makes Money

ICIL makes money primarily by selling home textile products—especially bed linen (e.g., sheets, pillowcases, duvet covers and related bedding items)—to customers in domestic and international markets, with a significant emphasis on exports. Its re...

Read more

ICIL makes money primarily by selling home textile products—especially bed linen (e.g., sheets, pillowcases, duvet covers and related bedding items)—to customers in domestic and international markets, with a significant emphasis on exports. Its re...

Indo Count Industries Limited Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	41.95B	41.51B	32.71B	27.82B	28.42B	23.49B
Gross Profit	20.38B	17.53B	15.01B	5.23B	14.82B	8.95B
EBITDA	4.95B	5.73B	5.98B	4.77B	5.74B	4.02B
Net Income	1.63B	2.46B	3.38B	2.77B	3.59B	2.51B
Balance Sheet
Total Assets	42.45B	42.60B	35.69B	30.48B	32.64B	22.96B
Cash, Cash Equivalents and Short-Term Investments	2.86B	2.52B	2.28B	2.37B	4.02B	2.90B
Total Debt	12.43B	14.49B	9.56B	8.76B	13.19B	5.77B
Total Liabilities	19.36B	19.82B	14.80B	12.55B	16.71B	10.05B
Stockholders Equity	23.08B	22.78B	20.89B	17.93B	15.87B	12.85B
Cash Flow
Free Cash Flow	2.52B	343.91M	107.27M	4.13B	-4.89B	-555.39M
Operating Cash Flow	3.61B	2.86B	1.46B	7.55B	-371.23M	-197.02M
Investing Cash Flow	-973.30M	-4.97B	-975.46M	-4.74B	-2.58B	-1.89B
Financing Cash Flow	-3.08B	2.25B	-473.51M	-5.74B	6.46B	1.85B

Indo Count Industries Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 298.45
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• 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 298.45 is above the 20-day moving average (MA) of 245.45, above the 50-day MA of 262.66, and above the 200-day MA of 273.37, indicating a neutral trend. The MACD of -5.67 indicates Negative momentum. The RSI at 47.19 is Neutral, neither overbought nor oversold. The STOCH value of 55.84 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
ARVIND	69 Neutral	₹95.79B	21.31	―	1.18%	8.84%	41.74%
PGIL	66 Neutral	₹68.52B	34.81	―	0.77%	24.93%	20.57%
SANGAMIND	63 Neutral	₹21.31B	25.56	―	0.45%	13.88%	-0.56%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
KITEX	59 Neutral	₹31.11B	-96.49	―	0.27%	20.41%	-6.50%
ICIL	57 Neutral	₹49.07B	57.24	―	0.74%	10.86%	-47.15%
GOKEX	56 Neutral	₹44.66B	92.98	―	―	22.27%	7.09%

Indo Count Industries Limited Corporate Events