Indo Count Industries has published the full transcript of its investors’ conference call held on August 13, 2026, regarding its standalone and consolidated financial results for the quarter ended June 30, 2026 (Q1FY27). This disclosure follows the earlier upload of the audio recording and is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The transcript provides detailed management commentary on the company’s performance, including record revenue achievement, margin improvements, and strategic updates on its US manufacturing operations and sustainability initiatives.

Key Financial Highlights

The company reported a strong start to FY27, delivering its highest-ever quarterly revenue. Total income for Q1FY27 stood at ₹1,224 crore, a 13% sequential increase from ₹1,088 crore in Q4FY26 and a 27% year-on-year growth. This performance was driven by higher volumes in core businesses and the continued scale-up of new business segments.

EBITDA for the quarter reached ₹160 crore, up 38% sequentially from ₹116 crore in the previous quarter. The EBITDA margin expanded by 241 basis points to 13.1% from 10.7% in Q4FY26, reflecting improved operating leverage. Net profit (PAT) rose significantly to ₹63 crore from ₹24 crore in the prior quarter, aided by lower finance costs and the absence of a one-off IGST refund expense incurred previously.

Business Segment Updates

Core Business Recovery

Core business volumes showed early signs of recovery, with Q1FY27 volumes standing at 23 million meters, a 12% sequential increase from 20.5 million meters in Q4FY26. Core business revenue was ₹837 crore, up 4% sequentially. Management noted that while container availability constraints due to the West Asia conflict impacted throughput, the external environment is stabilizing. The company reaffirmed its FY27 volume guidance of 105 million to 110 million meters and core business revenue of approximately ₹4,000 crore.

Non-US core business contributed approximately 30% of revenue during the quarter. Management highlighted that the UK Free Trade Agreement (FTA) restores a level playing field, while the expected EU FTA will further open markets. The company anticipates non-US market revenues to grow by over 20% in FY27.

New Business Momentum

The new business segment, comprising utility bedding and the US brand business, continued to strengthen with Q1FY27 revenue reaching ₹387 crore. This growth was supported by established facilities in Ohio and Arizona, the newly commissioned greenfield facility in North Carolina, and the launch of the Wamsutta brand in July 2025. On an annualized basis, this represents nearly 60% of the company’s targeted $275 million new business ambition for 2028. The company remains on track to achieve its FY27 new business revenue target of ₹1,500 crore.

Operational Developments

Bhilad Plant Update

The Bhilad, Gujarat manufacturing facility faced temporary disruptions due to heavy rainfall and flooding starting July 23, 2026. Operations partially resumed on August 12, 2026, with full normalization expected in phases. Management confirmed that the company is adequately insured against property, inventory, and loss of profit damages, and the insurance claim process has been initiated.

Sustainability and Awards

Indo Count participated in Bharat Tex 2026, receiving positive responses from global and domestic customers. The company received three awards from the Confederation of Indian Textile Industry (CITI) for its sustainability efforts, including energy efficiency and responsible sourcing.

What the Numbers Show

The significant sequential jump in net profit (from ₹24 crore to ₹63 crore) outpaced the growth in total income (13%) and EBITDA (38%). This divergence highlights the impact of non-operational factors, specifically the absence of the one-off IGST refund expense recorded in the previous quarter and lower finance costs. While operational leverage drove EBITDA margin expansion to 13.1%, the bottom-line benefit was amplified by these one-time adjustments, suggesting that pure operational PAT growth may be more modest than the headline figure implies.

Accessing the Transcript

Investors can access the full transcript via the company’s official website. The filing is referenced under ICIL/34/2026-27. Satnam Saini, Company Secretary and Senior General Manager – Legal at Indo Count Industries, confirmed the disclosure.

The company is listed on the National Stock Exchange of India Ltd. and BSE Limited.

Indo Count Industries Limited has appointed Pankaj Saxena as President-Retail, effective August 12, 2026. The Board of Directors approved the elevation during its meeting on the same date, acting on the recommendation of the Nomination and Remuneration Committee. This appointment categorizes Saxena as a Senior Management Personnel of the company.

The move underscores the company’s focus on strengthening its domestic retail operations. Saxena currently heads the Domestic Retail Division, where he is responsible for driving strategic initiatives and enhancing overall business performance. His role expansion is intended to leverage his extensive industry experience to support the company’s long-term growth trajectory.

Regulatory Disclosure

The company made the disclosure pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was issued under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Satnam Saini, Company Secretary and Senior General Manager Legal, signed the disclosure filed with the National Stock Exchange of India Ltd. and BSE Limited.

Executive Profile

Pankaj Saxena brings over 27 years of diverse experience across multiple sectors, including textiles, retail, information technology, and pharmaceuticals. His expertise spans both B2B and B2C business models, with a specific focus on suiting and shirting fabrics, home textiles, and apparels.

Saxena’s background includes driving business growth and expanding market presence in competitive environments. The company noted that his leadership capabilities will contribute significantly to Indo Count Industries’ continued success in the retail segment.