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Indo Count Industries Results: Latest Quarterly Results & Analysis

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Indo Count Industries Ltd. 11 Nov 2025 16:24 PM

Q2FY26 Quarterly Result Announced for Indo Count Industries Ltd.

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

Textiles company Indo Count Industries announced Q4FY23 & FY23 results:

  • Achieved Volume of 74.7 million metres for FY23 is within Guidance
  • Revenue for Q4FY23 & FY23 increased by 17.3% and 3.8% respectively
  • Achieved EBITDA margin of 18.1% in Q4FY23 and 16.0% in FY23
  • Completion of Capex: Largest Global Bed Linen Player with a capacity of 153 million metres
  • Our Domestic brand Layersrecognized as the FEMINA POWER BRANDS of the Year 2022-23
  • The Net Debt Equity Ratio has improved to 0.33 as of 31-03-23 from 0.57 as at 31-03-22
  • Final Dividend at Rs 2 per equity share of Rs 2 each at 100%

Commenting on the results, Anil Kumar Jain - Executive Chairman said, “The company has demonstrated sustained performance despite a challenging global macro environment. With capacities in place, we have built a solid foundation and are confident of growing our market share. We are also growing our domestic brand business as the Indian economy is in a sweet spot.

Our commitment towards ESG and sustainable initiatives are driving innovation, value creation, and providing us opportunities to scale up our customer services.”

 

Result PDF

Textiles firm Indo Count Industries announced Q3FY23 results:

  • Q3FY23 & 9MFY23:
    • Revenue for 9MFY23 stood at Rs 2,233 crore
    • PAT for 9MFY23 Stood at Rs 182 crore
    • Volume Guidance for FY23 is 73-75 million Mtrs
    • Domestic brand, “Boutique Living”, has received the Best Brand Award 2022 by The Economic Times
    • The Company has a strong balance sheet and is capacity and capability ready to increase the global market share
    • Company’s plan to reduce net debt on track
    • CARE Ratings upgraded long-term rating from CARE A ; Positive, to CARE AA-; Stable

Commenting on the results, Mr. Anil Kumar Jain - Executive Chairman said, “The quarter gone by has been challenging for us and the industry. Rising inflation in our key markets and the steep hike in the interest rates by the central banks, as a countermeasure, impacted consumers' discretionary spending and in turn our exports.

As sentiments improve, we expect better demand trends to emerge and become conducive to our business.

With FTAs, various Government initiatives for the textile sector, and a reduction in raw material and freight rates, we are optimistic about the long-term growth of the Indian Textile Industry. As a leading exporter, we have invested in capacity additions, and are market ready for the upcoming opportunities in the sector.”

Result PDF

Textiles company Indo Count Industries announced Q2FY23 results:

  • Registered YoY volume growth of 7% in H1FY23 and 8% in Q2FY23
  • Total income up by 6% in H1FY23 and 11% in Q2FY23 on YoY basis
  • Healthy EBITDA margins of 16.6% in H1FY23 and 14.1% in Q2FY23
  • Launched Health & wellness licensed brand GAIAM in the USA
  • Domestic brands Boutique living and Layers growing at good pace
  • E-commerce business showing strong momentum
  • Reduced net debt to Rs 762 crore (September 2022) from Rs 906 crore (March 2022)

Anil Kumar Jain, Executive Chairman, said, "In midst of global challenges, we have continued to sustain the business momentum across markets and categories. Our several years of experience put us in an advantageous position to be able to manage our operations and working capital in an efficient manner. We strive to grow our business with continuous investments. Our relentless focus on existing and new customers post our acquisition and disciplined approach to creating customer-centric value-added solutions will help us maintain a leadership position.”

 

Result PDF

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