Indo Count Industries
293.93
-2.23(-0.75%)
Market Cap₹5,821.41 Cr
PE Ratio51.52
IndustryTextiles
Company Performance:
1D-0.75%
1M+17.83%
6M+16.48%
1Y-2.96%
5Y+136.18%
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More news about Indo Count Industries
31Dec 25
Indo Count Industries Clarifies No Material Information Behind Volume Movement
Indo Count Industries Limited responded to BSE's inquiry about volume movement on December 31, 2025, confirming no pending material announcements. The company emphasized its adherence to SEBI Regulation 30 disclosure requirements and stated that share volume movements are market-driven, maintaining transparency with investors and regulatory authorities.
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30Dec 25
Avendus Expects 34% Upside on Indo Count Shares, Issues Reduce Rating on Welspun Living
Avendus initiated coverage on home textile stocks with a 'buy' rating on Indo Count Industries at ₹348 target price (33.7% upside) and 'reduce' rating on Welspun Living at ₹135 target. Both companies face US market challenges with 50% tariffs currently in place, though demand moderation may be cyclical rather than structural according to the brokerage.
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30Dec 25
Avendus Securities Initiates Buy Rating on Indo Count Industries with ₹348 Price Target
Avendus Securities has started covering Indo Count Industries, a mid-cap textile company, with a Buy recommendation. The brokerage has set a price target of ₹348 per share, indicating potential upside for the stock. This coverage initiation brings increased institutional focus to Indo Count Industries and suggests positive long-term prospects for the company based on Avendus' analysis.
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29Dec 25
Avendus Spark Initiates 'Buy' Rating on Indo Count Industries with ₹348 Price Target
Avendus Spark has initiated coverage on Indo Count Industries with a 'Buy' rating and a price target of ₹348 per share. This positive recommendation reflects the brokerage's confidence in the textile company's business fundamentals and growth prospects. The initiation of coverage may influence investor sentiment towards the stock.
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15Dec 25
IndoCount Industries Appoints Arul Sakthivel as Vice President-Information Technology
Indo Count Industries Limited has appointed Mr. Arul Sakthivel as Vice President-Information Technology, effective December 15, 2025. Mr. Sakthivel brings over 30 years of experience in IT project management across various industries. He holds degrees in Science, Computer Applications, and Financial Management. His expertise includes project management, solution deployment, infrastructure management, cybersecurity, data center operations, and business continuity planning.
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12Dec 25
IndoCount Industries VP-IT Abhay Karhade Resigns for Better Prospects
IndoCount Industries Limited announced the resignation of Mr. Abhay Karhade, Vice President-Information Technology and Senior Management Personnel, effective December 12, 2025. The departure was attributed to better prospects, with proper regulatory disclosures made to NSE and BSE under SEBI LODR Regulations. Mr. Karhade expressed willingness to assist during transition and wished success to the organization's ongoing initiatives.
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19Nov 25
Indo Count Industries Navigates Q2 FY26 Amid US Tariff Challenges, Expands Brand Portfolio
Indo Count Industries posted robust quarter-on-quarter growth in Q2 FY26, with volume increasing by 7% to 25.20 million meters and total income rising 12% to ₹1082 crore. The company faces headwinds from a 50% US tariff imposed in August 2025, including an additional 25% Russian oil penalty. To mitigate this, Indo Count has partnered with customers to maintain market share, temporarily affecting margins. The company has expanded its brand portfolio, signing a licensing agreement with Tommy Hilfiger for utility bedding products. The utility bedding and US branded segments now contribute 17% of revenues, up from 13% in the previous quarter. Indo Count remains optimistic about its growth trajectory, reiterating its guidance of achieving approximately $275 million in revenues from the utility bedding segment and US brand business over the next three years.
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11Nov 25
Indo Count Industries Reports Q2 FY26 Results with Revenue Growth and Profit Decline
Indo Count Industries reported mixed financial results for Q2 FY2026. Standalone revenue increased to ₹82,796.20 lakhs, up from the previous quarter but down year-over-year. Net profit stood at ₹4,226.87 lakhs, slightly up quarter-on-quarter but significantly down year-over-year. Consolidated revenue rose to ₹1,06,213.79 lakhs, showing growth both quarterly and annually. However, consolidated net profit at ₹3,902.57 lakhs was marginally higher than the previous quarter but lower than the year-ago period. The results indicate revenue growth amid profitability challenges in the textile industry.
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11Jul 25
Indo Count Revives Iconic Wamsutta Brand with Direct-to-Consumer Strategy
Indo Count Industries Limited (ICIL) has relaunched the 180-year-old American brand Wamsutta through a direct-to-consumer (D2C) approach. The brand, acquired by ICIL's US subsidiary in April 2024, is now exclusively available at wamsutta.com in the United States. The relaunch focuses on premium bedding and bath products, emphasizing quality, simplicity, and timeless design. This move is part of ICIL's strategy to strengthen its presence in the premium segment of the U.S. home textiles market and leverage legacy brands for scalable growth through digital channels.
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23Jun 25
Indo Count Industries Expands Footprint with New Subsidiary in Shanghai
Indo Count Industries has set up a new step-down subsidiary, Indo Count (Shanghai) Commercial Co. Ltd., in Shanghai, China. This strategic move aims to strengthen the company's global presence, particularly in the East Asian market. The subsidiary is expected to provide better access to the Chinese market, optimize supply chain operations, and enable quicker response to local market demands.
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31May 25
Indo Count Industries Aims to Double Revenue by FY28
Indo Count Industries Ltd. has announced plans to double its revenue by fiscal year 2028. The company's growth strategy focuses on brands and value-added segments, which are expected to contribute USD 275 million to revenue. This approach suggests a shift towards premium market segments, product innovation, and potential market expansion.
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30May 25
Indo Count Industries Reports Decline in Q4 Financial Performance
Indo Count Industries, a major textile player, released its Q4 FY23 results showing significant declines across key financial metrics. Revenue decreased by 6.42% to ₹10.20 billion, while EBITDA fell by 50.36% to ₹819.00 million. The EBITDA margin contracted to 8.01% from 15.12% in the previous year. Most notably, net profit plummeted by 87.81% to ₹112.00 million, compared to ₹919.00 million in Q4 FY22. The company also experienced a sequential decline in profitability from the previous quarter.
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Indo Count Industries
293.93
-2.23
(-0.75%)
1 Year Returns:-2.96%
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