ICILTextiles

Indo Count Industries Limited

Other Textile Products · ISIN INE483B01026 · BSE 521016 · NSE EQ · FV ₹2
Last price
₹436
+0.82%today
What this company does

Indo Count Industries Limited operates in Other Textile Products, part of the Textiles sector. It booked ₹1,207 cr of revenue in its latest quarter (Q1 FY27) and kept 5.2% of sales as profit. It is the 5th largest of 9 Other Textile Products companies we track, by market value.

In the report:
54out of 100
Equitytale Health Score
Mixed

Healthier than 54% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 1,201–2,858 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
52

At close. Not part of the score.

Profitability & returns47

How much profit it earns on the money it employs

Balance sheet40

How much it owes, and whether earnings cover the interest

Cash quality86

Whether reported profit actually arrives as cash

Growth & consistency47

Whether sales and profit have grown, and how steadily

Valuation32

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 26% vs last year
Profit up 67% vs last year
Promoters hold 59%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 5.2% net margin

What if I invest in ICIL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 4% a year, it would become
₹14.72 lakh

The slider starts at 4%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹436 +0.82%
latest close · 2026-09-17
1-year return
+84.5%
52-wk low ₹12052-wk high ₹475
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio34.1High
LowAverageHigh
P/B ratio3.66High
Below bookModerateHigh
EV / EBITDA14.9Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity10.7%Fair
WeakFairStrong ▸15%
Return on capital14.9%Fair
WeakFairStrong
Net margin5.2%Decent
ThinDecentStrong
EBITDA margin13.3%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.46Comfortable
LowModerateHigh ▸1
Interest cover3.6×Okay
RiskyOkayStrong ▸5×
Current ratio1.71Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹8,625 cr
Book value
₹119
EPS
₹3.19
latest quarter
Net debt
₹960 cr
owes more than its cash
Enterprise value
₹9,585 cr
EBITDA
₹642 cr
annualised
EBIT
₹460 cr
annualised
Operating margin
9.5%
Return on assets
5.6%
Earnings yield
2.93%
P/S
1.79
Sales / share
₹243.8
Tax rate
24.3%
Face value
₹2
Shares
19.8 cr
Working capital
₹994 cr
Current assets
₹2,390 cr
Current liabilities
₹1,396 cr
Delivery %
36.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹76₹81, midpoint ₹78

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹1,207 cr
Other Income₹17 cr
Total Income₹1,224 cr
Cost of Materials₹478 cr
Purchases of Stock-in-Trade₹91 cr
Inventory Change (±)₹-30 cr
Employee Benefit Expense₹170 cr
Finance Costs₹32 cr
Depreciation & Amortisation₹45 cr
Other Expenses₹355 cr
Total Expenses₹1,141 cr
Profit before Tax₹84 cr
Tax Expense₹20 cr
Net Profit₹63 cr
Net margin on total income5.2%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹539 cr44.0%
Employee benefit expense₹170 cr13.9%
Finance costs₹32 cr2.6%
Depreciation & amortisation₹45 cr3.7%
Other expenses₹355 cr29.0%
Tax expense₹20 cr1.7%
Profit for the period₹63 cr5.2%
Total income ₹1,224 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue1,063 cr1,058 cr1,207 cr
Total income1,074 cr1,088 cr1,224 cr
Expenses1,041 cr1,058 cr1,141 cr
Profit before tax33 cr30 cr84 cr
Tax9 cr6 cr20 cr
Net profit (owners' share)24 cr24 cr63 cr
Net margin (owners' share, on revenue)2.3%2.3%5.2%
EPS (₹)1.231.233.19
YoY (latest quarter): total income +26.5% · net profit +67.3%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹4,492 cr
Shareholder equity
₹2,355 cr
parent shareholders
Total debt
₹1,074 cr
Cash
₹114 cr
Cash flow · H1 FY26
Operating
₹361 cr
Investing
₹-97 cr
Financing
₹-308 cr
Peer comparison
Other Textile Products · by market value
CompanyPriceMarket capP/E
K.P.R. Mill Limited₹1,095₹37,441 cr36.2
Welspun Living Limited₹212₹20,051 cr31.4
Vardhman Textiles Limited₹561₹15,986 cr12.9
Trident Limited₹23₹11,762 cr18.6
Indo Count Industries Limitedthis company₹436₹8,625 cr34.1
Garware Technical Fibres Limited₹800₹7,809 cr30.5
Kusumgar Limited₹552₹5,790 cr33.0
Jindal Worldwide Limited₹49₹4,913 cr38.3
Filatex India Limited₹90₹4,012 cr20.7
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.34%
trailing 12 months
Dividend / share (TTM)
₹1.5
Last dividend
₹1.5
ex 17 Aug 2026
ActionDetailEx-date
Dividend₹1.5 / share17 Aug 2026
Dividend₹2 / share11 Aug 2025
Dividend₹2.2 / share24 Jul 2024
Dividend₹2 / share11 Aug 2023
Dividend₹2 / share19 Sep 2022
Dividend₹1.5 / share26 Aug 2021
Who owns it · 2026-06-30
No pledge
Promoter
58.7%
FII / Foreign
10.1%
DII / Domestic
5.8%
Retail / others
25.3%
Smart-money activity
Insider trades
SoldMrs. Radha Devendra Pal Garg · Immediate relative4,500 · ₹13.3 L23 Nov 23
SoldMrs. Sonal Garg Parikh · Immediate relative2,000 · ₹5.8 L23 Nov 23
SoldMrs. Sonal Garg Parikh · Immediate relative3,000 · ₹6.1 L9 Jun 23
Bulk / block deals
short · NSE2031 Aug 26
short · NSE2528 Aug 26
short · NSE30026 Aug 26
Stake changes
BoughtELM PARK FUND LIMITED→ 5.03% · 1.00 L27 Jan 21
SoldELM PARK FUND LIMITED→ 4.97% · 1.40 L21 Jan 21
BoughtELM PARK FUND LIMITED→ 5.05% · 1.22 L5 Oct 20
Promoter pledges
ReleasedState Bank of Hyderabad1.39 L · 0.35% held30 Sep 15
ReleasedICICI Bank, IDBI Bank22,900 · 0.06% held30 Sep 15
ReleasedState Bank of India21,076 · 0.05% held30 Sep 15
What shareholders were asked to approve
4 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 25 Aug 2026
See the official result
1
Adoption of Audited Standalone and Consolidated Financial Statements
Backed by 100% of shareholders other than promotersneeded 50%
2.57 cr votes for, 1,573 against · 0% of mutual funds and other big investors said no
2
Declaration of Dividend
Backed by 100% of shareholders other than promotersneeded 50%
2.57 cr votes for, 1,573 against · 0% of mutual funds and other big investors said no
3
Re-appointment of Mr. Mohit Jain (DIN: 01473966), who retires by rotation
Promoters had a personal stake in this
Backed by 99% of shareholders other than promotersneeded 50%
2.55 cr votes for, 2.50 L against · 1% of mutual funds and other big investors said no
4
Re-appointment of Mrs. Ambika Sharma (DIN: 08201798) as a Non-Executive Independent Director of the Company
Backed by 97% of shareholders other than promotersneeded 75%
2.50 cr votes for, 7.02 L against · 3% of mutual funds and other big investors said no
5
Approval of waiver of recovery of excess managerial remuneration paid/payable to Mr. Anil Kumar Jain, Executive Chairman for the Financial Year 2025-26
⚑ Passed only because promoters voted yesPromoters had a personal stake in this
Backed by 49% of shareholders other than promotersneeded 75%
1.25 cr votes for, 1.32 cr against · 53% of mutual funds and other big investors said no
6
Approval of waiver of recovery of excess managerial remuneration paid/payable to Mr. Mohit Jain, Executive Vice-Chairman for the Financial Year 2025-26
⚑ Passed only because promoters voted yesPromoters had a personal stake in this
Backed by 51% of shareholders other than promotersneeded 75%
1.31 cr votes for, 1.26 cr against · 50% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 14 named members
owning 58.8% between them · as of 2026-06-30
Sandridge Investments Limited31.31%
Indocount Securities Limited15.67%
Gayatri Devi Jain3.38%
Shikha Jain2.65%
Yarntex Exports Ltd1.17%
Neha Singhvi1.15%
Shivani Patodia1.10%
Anil Kumar Jain0.94%
Business done with them
FY2025 · 1 of the group
The company paid ₹15 cr to companies in the promoter group last year — about 0.3% of its ₹4,151 cr revenue.
Anil Kumar Jain
Other payments to them · Remuneration expenses
also owns 0.94% of the company
₹15 cr
company paid

The company also transacted with 9 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.