loader2
Login Open ICICI 3-in-1 Account
  • Text Size
  • Text to Speech
  • Color Contrast
  • Pause Animations
Open ICICI 3-in-1 Account

Indo Count Industries Results: Latest Quarterly Results & Analysis

Open Free Trading Account Online with ICICIDIRECT
+91
Indo Count Industries Ltd. 12 Aug 2026 16:26 PM
Result PDF

Q1FY27 Quarterly Result Announced for Indo Count Industries Ltd.

Textiles company Indo Count Industries announced Q1FY27 results

Consolidated Financial Highlights:

  • Revenue from Operations: The company reported revenue of Rs 1,20,696.20 lakh in Q1FY27, marking a YoY growth of 25.89% compared to Rs 95,870.60 lakh in Q1FY26 (restated) and a QoQ growth of 14.11% from Rs 1,05,767.65 lakh in Q4FY26.
  • Total Income: Total income for the quarter stood at Rs 1,22,401.10 lakh, an increase of 26.54% YoY from Rs 96,731.91 lakh in Q1FY26 and a 12.53% increase QoQ from Rs 1,08,772.16 lakh in Q4FY26.
  • Profit Before Tax (PBT): PBT reached Rs 8,350.94 lakh in Q1FY27, reflecting a YoY growth of 65.24% from Rs 5,053.77 lakh in Q1FY26 and a significant sequential increase of 176.90% from Rs 3,015.84 lakh in Q4FY26.
  • Net Profit: The company earned a net profit of Rs 6,322.44 lakh in Q1FY27, representing a YoY increase of 62.03% compared to Rs 3,901.98 lakh in Q1FY26 and a QoQ jump of 161.24% from Rs 2,420.19 lakh in Q4FY26.
  • Total Comprehensive Income: Total comprehensive income for Q1FY27 was Rs 8,485.24 lakh, compared to Rs 4,295.33 lakh in Q1FY26 and Rs 1,746.69 lakh in Q4FY26.
  • Earnings Per Share (EPS): Basic and Diluted EPS for Q1FY27 stood at Rs 3.19, compared to Rs 1.97 in Q1FY26 and Rs 1.23 in Q4FY26.

Standalone Financial Highlights:

  • Revenue from Operations: Standalone revenue for Q1FY27 was Rs 81,943.66 lakh, up 11.75% YoY from Rs 73,326.67 lakh in Q1FY26 and up 8.12% QoQ from Rs 75,788.88 lakh in Q4FY26.
  • Total Income: Standalone total income stood at Rs 83,972.19 lakh in Q1FY27, reflecting a growth of 12.77% YoY from Rs 74,464.90 lakh in Q1FY26 and 6.24% QoQ from Rs 79,038.91 lakh in Q4FY26.
  • Profit Before Tax (PBT): Standalone PBT reached Rs 9,087.42 lakh in Q1FY27, showing a YoY growth of 67.90% from Rs 5,412.36 lakh in Q1FY26 and a QoQ increase of 102.58% from Rs 4,485.92 lakh in Q4FY26.
  • Net Profit: Standalone net profit for the quarter was Rs 6,678.27 lakh, representing an increase of 65.79% YoY from Rs 4,028.08 lakh in Q1FY26 and an 81.52% increase QoQ from Rs 3,679.14 lakh in Q4FY26.
  • EPS: Basic and Diluted standalone EPS for Q1FY27 was Rs 3.37, compared to Rs 2.03 in Q1FY26 and Rs 1.86 in Q4FY26.

Business Highlights

  • Business Combinations: In the previous year, the Group's wholly owned subsidiary, Indo Count Global Inc., USA (ICG), acquired an 81% controlling stake in Fluvitex USA Inc. for USD 19.63 million (equivalent to Rs 16,446.35 lakh) and a 100% controlling stake in Modern Home Textile, Inc., USA for USD 11.89 million (equivalent to Rs 9,996.17 lakh). The comparative figures for Q1FY26 have been retrospectively adjusted to reflect these acquisitions.
  • Utilization of IPO Proceeds: As of June 30, 2026, the company has utilized Rs 699.92 million of the total Rs 2,296.25 million raised through its IPO. Major utilization include Rs 562.23 million for pre-payment/re-payment of borrowings and Rs 85.73 million for general corporate purposes. Unutilized proceeds of Rs 1,596.33 million are temporarily invested in short-term deposits.
  • Dividend: During the quarter, the company paid a final dividend of Rs 4.00 per fully paid-up ordinary share (face value of Rs 2.00 each) for the year ended March 31, 2026, totaling Rs 1,473 crore.
  • Labour Codes Impact: In FY26, the Group assessed the incremental impact of new Labour Codes as past service cost, amounting to a gratuity provision of Rs 881.92 lakh and compensated absences of Rs 78.78 lakh.

Anil Kumar Jain, Executive Chairman, said: “The global textile industry is entering a new phase with evolving trade agreements and changing sourcing patterns, creating a favourable environment for Indian exporters. The implementation of the India-UK Free Trade Agreement, along with the progress on trade negotiations with the US and the EU, is expected to strengthen India's competitiveness and expand long-term opportunities for the textile industry.

Q1FY27 provided a steady start toward achieving our near-term goal for FY27, supported by the normalization of the US tariff scenario and a higher contribution from our new business, which continues to scale and contribute meaningfully to our overall performance.

Indo Count has consistently prioritized sustainable and environmentally responsible growth, with a strong focus on energy efficiency, responsible sourcing of raw materials, and the integration of ESG principles across its operations. Reflecting these continued efforts, We have been recognized with three prestigious CITI awards for initiatives in energy-efficient textile manufacturing, innovation-led integration of ESG principles, and responsible cotton sourcing.

While near-term global uncertainties remain, we believe Indo Count is well positioned to benefit from the evolving trade landscape. Backed by a resilient business model, we remain committed to executing our Indo Count 2.0 strategy by strengthening our global presence, expanding our value-added businesses and creating sustainable value for all our stakeholders.”

Result PDF

Result PDF

Textiles company Indo Count Industries announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

  • Revenue from Operations: Stood at Rs 1,05,767.65 lakh in Q4FY26, reflecting an increase of 3.43% YoY compared to Rs 1,02,256.32 lakh in Q4FY25, but marking a slight decline of 0.48% QoQ from Rs 1,06,282.84 lakh in Q3FY26. For the full year FY26, revenue stood at Rs 4,14,134.88 lakh, marginally down by 0.24% YoY from Rs 4,15,139.13 lakh in FY25.
  • Total Income: Reported at Rs 1,08,772.16 lakh in Q4FY26, growing by 5.75% YoY against Rs 1,02,853.06 lakh in Q4FY25, and an increase of 1.25% QoQ from Rs 1,07,424.21 lakh in Q3FY26. For FY26, total income was Rs 4,21,084.62 lakh, recording a growth of 0.48% YoY from Rs 4,19,089.98 lakh in FY25.
  • Net Profit: Profit for the period was Rs 2,420.19 lakh in Q4FY26, representing a YoY growth of 14.98% from Rs 2,104.94 lakh in Q4FY25, and a marginal decline of 0.93% QoQ from Rs 2,442.91 lakh in Q3FY26. For FY26, the net profit stood at Rs 12,667.62 lakh, registering a decline of 49.33% YoY from Rs 24,999.83 lakh in FY25.

Standalone Financial Highlights:

  • Revenue from Operations: Recorded at Rs 75,788.88 lakh in Q4FY26, down by 12.37% YoY from Rs 86,484.02 lakh in Q4FY25, and down by 2.74% QoQ from Rs 77,925.70 lakh in Q3FY26. For FY26, revenue stood at Rs 3,09,837.44 lakh, declining by 17.85% YoY from Rs 3,77,164.98 lakh in FY25.
  • Total Income: Stood at Rs 79,038.91 lakh in Q4FY26, declining by 9.53% YoY from Rs 87,365.04 lakh in Q4FY25, and down by 0.42% QoQ from Rs 79,368.56 lakh in Q3FY26. For FY26, total income fell by 16.81% YoY to Rs 3,17,900.92 lakh from Rs 3,82,121.43 lakh in FY25.
  • Net Profit: Surged to Rs 3,679.14 lakh in Q4FY26, marking a substantial YoY growth of 350.04% from Rs 817.52 lakh in Q4FY25, and a QoQ growth of 45.57% from Rs 2,527.39 lakh in Q3FY26. For FY26, net profit recorded a YoY decline of 39.04% to Rs 14,461.46 lakh from Rs 23,721.59 lakh in FY25.

Business Highlights & Segment Performance:

  • Segment Performance: The Group is primarily engaged in the manufacturing of textile products, which is evaluated as a single reportable segment (i.e., Textile Business).
  • Business Combinations & Acquisitions:
    • The Company's wholly-owned subsidiary, Indo Count Global Inc., USA, acquired an 81% controlling stake in Fluvitex USA. Inc., Ohio, for an all-cash consideration of USD 19.63 million (equivalent to Rs 16,446.35 lakh). The Company holds an exclusive option to purchase the remaining 19% stake by September 30, 2029, for a fixed consideration of USD 4.6 million (equivalent to Rs 3,938.52 lakh).
    • Indo Count Global Inc. also acquired a 100% controlling stake in Modern Home Textile, Inc., USA, Arizona, for an all-cash consideration of USD 11.89 million (equivalent to Rs 9,996.17 lakh).
  • Dividend: The Board of Directors recommended a Final Dividend of Rs 1.50/- per share (i.e., 75% of the face value of Rs 2/- each) for the financial year ended 31st March 2026.
  • Other Updates: The finance cost for the year includes an interest component of Rs 1,281.81 lakh paid on the delayed refund of IGST by the Holding Company to the Maharashtra State GST authorities.

Anil Kumar Jain, Executive Chairman, said: “India has been consolidating its position in the global textile market on the back of strong cotton production, upgraded textile technology and skilled labour pool, despite being uncompetitive due to tariffs in some geographies. The free trade agreements with Australia, New Zealand, Japan, EU and the UK and the on-going negotiation with the USA is expected to create a favourable long-term environment for Indian textile exporters.

We continued our transformational journey of expanding product offerings, strengthening retailer partnerships, and widening our presence across the home textile segment. A key milestone during the year was the commencement of our greenfield manufacturing facility in the United States, our largest market, enhancing customer proximity, supply chain responsiveness, and improving our strategic presence in the utility bedding segment. Further strengthening our long-term brand strategy, we relaunched the Wamsutta brand and expanded our portfolio through signing the renowned Tommy Hilfiger for Utility Bedding, reinforcing our positioning in the premium home textile segment.

While the ongoing West Asia conflict is impacting the global economy, the potential impact will need to be closely monitored.”

Result PDF

Textiles company Indo Count Industries announced Q3FY26 results

  • Total Income: Rs 1,07,424.21 lakh against Rs 1,16,760.63 lakh during Q3FY25, change -8%.
  • Revenue from operations: Rs 1,06,282.84 lakh against Rs 1,15,154.65 lakh during Q3FY25, change -8%.
  • PBT: Rs 3,349.69 lakh against Rs 9,486.1 lakh during Q3FY25, change -65%.
  • PAT: Rs 2,442.91 lakh against Rs 7,077.26 lakh during Q3FY25, change -65%.
  • EPS: Rs 1.23 for Q3FY26.

Result PDF

Textiles company Indo Count Industries announced Q2FY26 results

Financial Highlights:

  • Total Income: Rs 1,082 crore compared to Rs 1,045 crore during Q2FY25, change 4%.
  • EBITDA: Rs 123 crore compared to Rs 165 crore during Q2FY25, change -26%.
  • EBITDA Margin: 11.4% for Q2FY26.
  • PBT: Rs 52 crore compared to Rs 110 crore during Q2FY25, change -53%.
  • PAT: Rs 39 crore compared to Rs 80 crore during Q2FY25, change -52%.
  • EPS: Rs 1.97 for Q2FY26.

Performance Highlights:

  • Sustained Momentum in a Challenging Environment: Volume grew by 7% and Revenue by 12% on QoQ basis.
  • Licensed Brand Portfolio Enhanced: Tommy Hilfiger added to the Utility Bedding Portfolio.
  • Positive Traction Continues in New Businesses: Recorded revenue of Rs. 181 crore, up by ~40% on QoQ basis.
  • Net debt to equity stood at 0.34x as on 30th September 2025.
  • Near term challenges persist; long term growth roadmap intact.

Anil Kumar Jain, Executive Chairman, said: “FY26 began in a highly fluid tariff environment with US tariff rates moving from 10% to 25% and subsequently to 50%. Navigating the business under such volatility has been challenging. However, our approach has remained consistent to maintain our market share and ensure our manufacturing facilities continue to operate optimally.

Despite these challenging times, we delivered volume growth on QoQ basis. In the short term, we chose to share a portion of the additional tariff cost with customers on a case-by-case basis, which impacted margins this quarter. We anticipate this situation to prevail until the tariff structure stabilizes. During this period, we are enhancing operating efficiencies and expanding our presence in other markets, while maintaining a balance between market share and profitability.

We are delighted to announce the addition of the globally renowned ‘Tommy Hilfiger’ brand to our licensed brand portfolio for the utility bedding segment. This marks our sixth licensed brand, further reinforcing our strong brand equity and the trust we enjoy with leading global partners. In addition, our successfully launched legacy brand, Wamsutta, has begun to gain traction in the U.S. market.

As we move forward, we believe our new business segments will play a significant role in the Indo Count 2.0 growth journey.”

Result PDF

Textiles company Indo Count Industries announced Q1FY26 results

  • Revenue: Rs 967 crore grew by 2% on YoY basis; margins expanded by 372bps on QoQ basis to 12.26%.
  • EBITDA: Rs 119 crore compared to Rs 154 crore during Q1FY25, change -22.8%.
  • EBITDA Margin: 12.26% for Q1FY26.
  • PAT: Rs 38 crore compared to Rs 78 crore during Q1FY25, change -51.4%.
  • EPS: Rs 1.91 for Q1FY26.

Anil Kumar Jain, Executive Chairman, said: “FY26 began with uncertainties surrounding US tariffs, contributing to broader global challenges. While the impact of the tariff situation started becoming evident by late February 2025, Q1FY26 was the first full quarter following the temporary tariff phase. Despite the continued uncertainty, we remained focused on working closely with our customers and aligning our production with their sourcing strategies. This led to a lower volume offtake and temporarily subdued revenues for this quarter.

While the trade deal is yet to be finalised, we view the current headwinds as near-term challenges. Indo Count have successfully managed such challenges firmly since its inception and has converted them into opportunities that drive long-term growth. Our commitment remains unwavering to ensure sustainable success for our team, stakeholders, and the broader community.

We take immense pride in the re-launch of our legacy brand, Wamsutta, through the D2C channel in the USA market, which received an overwhelming response. As a 180-year-old heritage brand, Wamsutta has made a strong comeback with its premium bedding and bath offering, and we are confident that we will make further strides with the Brand.

We are present in 50 countries and have been growing our presence through focused efforts in the last few years. With governments signing new Free Trade Agreements (FTAs), our market share and contribution from ROW markets will improve in the near future.”

Result PDF

Textiles company Indo Count Industries announced Q3FY25 results

  • Total Income: Rs 1,168 crore compared to Rs 727 crore during Q3FY24, change 61%.
  • EBITDA: Rs 165 crore compared to Rs 118 crore during Q3FY24, change 40%.
  • EBITDA margin: 14.2% for Q3FY25.
  • PBT: Rs 100 crore compared to Rs 79 crore during Q3FY24, change 27%.
  • PAT: Rs 75 crore compared to Rs 58 crore during Q3FY24, change 30%.
  • EPS: Rs 3.81 for Q3FY25.

Anil Kumar Jain, Executive Chairman, said: “At Indo count we have outperformed in challenging times especially in some of our end markets. We are making significant progress towards expanding our portfolio with value-added products through our strategic investments and prudent capital allocation.

Our relentless focus on serving both existing and new customers, with the enhanced product portfolio on back of recent acquisitions and value-added solutions, will help us strengthen our leadership position in the market.

In the medium term, we see tailwinds in business and have strengthened our leadership team with key hires to drive growth and bring in the right expertise. Focus is also on expanding the brands and utility bedding business which is expected to be a key driver for the next phase of growth. Our optimism remains high for the next 3 years with the strategic initiatives we have executed over the last few quarters.”

Result PDF

Textiles company Indo Count Industries announced H1FY25 results

Financial Highlights:

  • Total Income: Rs 1,995 crore compared to Rs 1,780 crore during H1FY24, change 12%.
  • EBITDA: Rs 166 crore compared to Rs 189 crore during H1FY24.
  • EBITDA Margin: 15.9% for H1FY25.
  • PBT: Rs 111 crore compared to Rs 151 crore during H1FY24.
  • PAT: Rs 29 crore compared to Rs 37crore during H1FY24.
  • EPS: Rs 4.12 for H1FY25.

Other Highlights:

  • Total Income for H1FY25 stood at Rs 1,995 crore; reflecting a growth of 12.1% YoY.
  • Acquired U.S. based quilt and pillow manufacturer FLUVITEX USA, gaining entry into US utility bedding manufacturing.
  • Acquired Modern Home Textiles, Inc., manufacturer of wide range of pillows and other filled products located at Phoenix, Arizona.
  • Launched Fieldcrest & Waverly in the September US Market Week.
  • CARE Ratings upgraded long term rating outlook from Stable to Positive.

Anil Kumar Jain, Executive Chairman, Indo Count Industries, said: "We are pleased to report that our H1FY25 results have been encouraging, showcasing strong momentum across our business. While supply chain challenges persist, we remain confident in our growth trajectory.

Through our strategic acquisitions, we have successfully established a manufacturing footprint in the US, marking the beginning of a new journey into the utility bedding segment. These opportunities are expected to drive long-term growth and will continue to yield positive results in the years to come.

With our proactive acquisitions and strategic investments, we are confident in our ability to achieve remarkable success in coming years.”

Result PDF

Textiles company Indo Count Industries announced Q1FY25 results:

  • Robust Volume Growth of 26% YoY at 25.3 million meters
  • Robust Revenue Growth of 27% YoY at Rs 950 crore
  • Sales Volume for Q1FY25 stood at 25.3 million Mtrs V/s 20.0 million Mtrs In Q1FY24, Growth of 26%
  • Our FY25 volume guidance of 110-115 million Mtrs and Margin guidance of 16% - 18% remainsintact
  • Maintained EBIDTA guidance despite higher expenses related to logistics and brand building
  • FY25 Volume Guidance of 110-115 million. Mtrs. & Margin Guidance of 16%-18% on track
  • Acquisition of US National Brand Wamsutta completed for Rs 85 crore via internal accruals
  • Awarded Gold Trophy by TEXPROCIL for the fifth consecutive year for made-ups exports 

Commenting on the results  Anil Kumar Jain, Executive Chairman said, “The company has achieved remarkable growth in both volume and value, despite facing geopolitical and logistical challenges. With both ongoing and new strategies progressing seamlessly as planned, we are on a path to robust growth.

The company's long-term aspirations are becoming more solidified, reflecting a strong foundation for future achievements. A steadfast commitment to elevating each product category to new heights will ensure a bright and prosperous future.”

Result PDF

Textiles company Indo Count Industries announced FY24 results:

  • Volumes: 96.8 million Mtrs, up by 30% YoY
  • Total Income: Rs 3,601 crore, up by 18% YoY
  • EBITDA: Rs 603 crore, up by 24% YoY
  • PAT: Rs 338 crore, up by 22% YoY
  • Final Dividend @ Rs 2.20 per equity shares of Rs 2 each @110%

Commenting on the results, Anil Kumar Jain, Executive Chairman, said, “Our company has demonstrated remarkable performance in FY24, as evidenced through our results.

The strategic focus on moving towards value-added products through brands and distribution, leveraging capital allocation, optimizing operations and providing overall better solutions to the end customers has been instrumental in driving our growth.

Moreover, concerted efforts to embed robust ESG practices across ecospace, with a strong emphasis on sustainability, reaffirms our dedication to responsible business conduct thereby helping us maintain leadership position.”

Result PDF

Textiles company Indo Count Industries announced Q1FY24 results:

  • Sales volume for Q1FY24 stood at 20.03 million metres V/s 19.10 million metres in Q1FY23
  • Timely completion of capex - Globally largest bed linen company
  • FY24 volume guidance of 85-90 million metres & margin guidance of 16-18% on track
  • Total Income of Rs 747 crore in Q1FY24 compared to Rs 722 crore in Q1FY23
  • EBITDA of Rs 130 crore in Q1FY24 compared to Rs 141 crore in Q1FY23
  • PAT of Rs 74 crore in Q1FY24 compared to Rs 77 crore in Q1FY23
  • EPS of Rs 3.72 in Q1FY24 compared to Rs 3.91 in Q1FY23

Commenting on the results, Anil Kumar Jain - Executive Chairman said, “We have laid a strong foundation and are optimistic about the future. Going forward, as we capitalize on the demand in our largest market, we expect this to replicate in other geographies.

The global economy is improving & the upcoming festive season is expected to fare better.

With our capabilities and capacities along with the right product offerings Indo Count is on track to benefit from the growing opportunities in the Home Textile Industry.”

 

 

Result PDF

Trending News

EIL Eyes $1B Order Pipeline in Saudi Arabia and UAE

Engineers India Ltd (EIL) expects an order pipeline of around US$1 billion over the next 2–3 years from oil and petroleum-product pipelines and strategic storage projects in Saudi Arabia and the UAE

Published on 21-Sep-2026 09:16

L&T targets $20-30B modular market over 5 years after huge Australia project win

Larsen & Toubro (L&T) is targeting a US$20–30 billion addressable opportunity in modularisation over the next five years, against a global market estimated at US$100–150 billion, implying ~20% share of the addressable market. 

Published on 21-Sep-2026 09:15

ACE Eyes 15% Export Revenue Share in 3 Years, Explores M&As

Action Construction Equipment (ACE) expects exports to increase to ~15% of revenue over the next 2–3 years, from 7–8% in H1FY27, as it expands beyond traditional markets in Africa, Latin America and SAARC into North America, Australia and Europe. 

Published on 21-Sep-2026 09:14

POWERGRID Approves ₹5,000 Crore Bond Fundraise

POWERGRID’s Committee of Directors for Bonds has approved raising up to ₹5,000 crore through private placement of unsecured, non-convertible, non-cumulative, redeemable and taxable POWERGRID Bonds – LXXXIV (84th) Issue 2026-27

Published on 21-Sep-2026 09:12

Maruti Suzuki launches automatic S-CNG variants for Swift, Dzire, and Baleno starting at ₹7.92 lakh

In a press release, Maruti Suzuki announced the launch of automatic S-CNG variants of the Swift, Dzire and Baleno, addressing customers seeking both CNG’s running-cost benefits and automatic driving convenience. 

Published on 21-Sep-2026 09:11

India's Textile Exports Jump 16.1% to ₹29,776 Cr in August, Apr-Aug Exports Reach ₹1.43 Lakh Cr

India’s textile exports increased 16.1% YoY to Rs.29,776cr in August 2026, taking cumulative April-August exports to Rs.1.43 lakh cr (+10.3% YoY). 

Published on 21-Sep-2026 09:10

Disclaimer – I ICICI Securities Ltd. ( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is acting as a distributor to solicit bond related products. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein mentioned are solely for informational and educational purpose.
Download App

Download Our App

Get it on google Play Store Download on the App Store
market app