Indo count industries has announced its participation in a virtual investor summit scheduled for March 11, 2026, as part of regulatory disclosure requirements under SEBI regulations.

Event Details

The company has informed stock exchanges about the upcoming investor engagement through an official communication dated March 5, 2026. The virtual summit is organized by Arihant Capital Market Ltd under the Bharat Connect Conference March 2026 initiative.

Regulatory Compliance

The announcement has been made pursuant to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015. Company officials emphasized that all discussions during the investor meeting will be based exclusively on publicly available information.

The company has specifically stated that no unpublished price-sensitive information (UPSI) is intended to be discussed during the interactions with investors and analysts. This adherence to regulatory guidelines ensures transparency and compliance with market disclosure norms.

Operational Flexibility

Indo Count Industries has noted that the schedule may be subject to changes due to exigencies on the part of participants, hosts, or the company itself. This provision allows for operational flexibility while maintaining commitment to investor engagement.

The communication was signed by Satnam Saini, Company Secretary and GM - Legal, and has been shared with both National Stock Exchange of India Ltd and BSE Limited for their information and records.

Indo Count Industries Limited delivered a resilient performance in Q3 FY26, maintaining stability despite challenging tariff conditions that impacted the broader textile industry. The company reported total income of INR1,074 crores compared to INR1,082 crores in the previous quarter, demonstrating operational strength amid external headwinds.

Financial Performance Overview

The company's financial metrics for Q3 FY26 reflected the impact of tariff challenges while showcasing underlying business resilience:

The EBITDA decline was primarily attributed to partial tariff absorption and new Labor Code impact of approximately INR9.2 crores. Adjusted EBITDA for the quarter stood at INR112 crores, representing an adjusted margin of 10.4%.

Strategic Manufacturing Expansion

A significant milestone was achieved with the commencement of commercial production at the company's new greenfield pillow manufacturing facility in Kernersville, North Carolina. This third US manufacturing unit represents the largest facility among the three, with key specifications:

The existing two utility bedding facilities are currently operating at approximately 65% capacity utilization, with the expanded infrastructure expected to support segment scaling.

New Business Segment Momentum

The new business segment emerged as a key growth driver, demonstrating strong performance metrics:

• Revenue Contribution: 20% of total top line in Q3 FY26
• Sequential Growth: 16% increase to INR210 crores
• Annualized Run Rate: Nearly USD100 million
• Year-over-Year Growth: Doubled compared to same period last year

The utility bedding business, which began operations just 16-17 months ago, is expected to contribute approximately USD175 million to consolidated revenue over the next few years. The company's branded portfolio, including the relaunched Wamsutta brand alongside licensed brands Fieldcrest, Waverly, and GAIAM, continues to receive positive customer feedback and strong product reviews.

Trade Policy Developments

Significant trade developments are expected to transform the company's operating environment. India's conclusion of an FTA with Europe and trade deal with the United States represent structural advantages for the textile sector. The EU FTA will provide duty-free access to Europe's USD30 billion home textile market, creating a level playing field with competing countries.

For the US market, tariff uncertainty has meaningfully eased, with the company already engaging customers regarding the transition from the previous 50% tariff environment to the new 18% structure.

Operational Metrics and Outlook

The company maintained its commitment to long-term growth targets while navigating current challenges:

• Debt Reduction: Net debt decreased by INR215 crores compared to March 2025
• Geographic Diversification: Non-US markets contribute approximately 30% of core business revenue
• ESG Leadership: S&P Global ESG score improved to 78 from 45 over two years
• Market Recognition: Won TEXPROCIL Export Award Gold Trophy for sixth consecutive year

Management expects margin pressure to gradually ease as operating conditions normalize and competitive positioning strengthens. The incubation costs for new businesses, currently impacting margins by 150-200 basis points, are expected to diminish by the end of Q4 FY26.

With presence across 50-plus countries spanning five continents, the company remains positioned to capitalize on evolving trade agreements while maintaining its long-term vision of doubling revenues by 2028 through a balanced mix of businesses, geographies, and manufacturing footprint expansion.