Indo Count Industries Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: August 28, 2025, 8:42 pm

Market Cap	4,650 Cr.
Current Price	235
High / Low	439/211
Stock P/E	22.6
Book Value	115
Dividend Yield	0.85 %
ROCE	13.5 %
ROE	11.3 %
Face Value	2.00
PEG Ratio	-50.80

Quick Insight

Indo Count Industries Ltd, within the textiles-spinning-cotton blended sector, exhibits a price of 235 with a market capitalization of 4,650 Cr. Trading at a P/E ratio of 22.6, the company demonstrates a ROE of 11.3% and ROCE of 13.5%. Operating profit margin stands at 11%, with a net profit of 246 Cr. Notably, the company holds reserves worth 2,238 Cr, while carrying borrowings of ₹1,449 Cr. With a current ratio of 236 days, a P/BV ratio of 3.35x, and an interest coverage ratio of 8.63x, Indo Count Industries Ltd appears to be managing its financials efficiently, maintaining a healthy balance between profitability and debt obligations.

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Indo Count Industries Ltd

Competitors of Indo Count Industries Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Mohite Industries Ltd	52.7 Cr.	2.62	16.4/2.33	23.8	5.67	0.00 %	8.00 %	4.74 %	1.00
Hisar Spinning Mills Ltd	19.5 Cr.	52.2	84.0/40.7	6.10	67.5	0.00 %	15.1 %	12.3 %	10.0
Rudra Ecovation Ltd	447 Cr.	39.0	82.6/32.0		9.22	0.00 %	3.03 %	5.31 %	1.00
H P Cotton Textile Mills Ltd	40.1 Cr.	102	185/82.0	13.6	41.5	0.00 %	19.2 %	17.2 %	10.0
Gujarat Hy-Spin Ltd	42.4 Cr.	25.3	27.5/12.4	423	11.4	0.00 %	4.09 %	0.52 %	10.0
Industry Average	2,972.56 Cr	171.56		35.81	123.78	0.39%	11.50%	10.28%	7.02

All Competitor Stocks of Indo Count Industries Ltd

Quarterly Result

Metric	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025
Sales	722	849	657	807	741	1,009	713	1,093	941	1,036	1,152	1,023	959
Expenses	581	729	584	663	616	844	609	928	796	878	1,002	941	849
Operating Profit	141	120	73	144	125	165	104	165	145	157	149	82	110
OPM %	20%	14%	11%	18%	17%	16%	15%	15%	15%	15%	13%	8%	11%
Other Income	0	0	5	3	5	25	14	0	9	9	16	6	9
Interest	14	21	20	7	15	18	18	20	21	30	36	36	31
Depreciation	16	15	16	16	19	20	22	22	25	25	30	36	38
Profit before tax	110	84	41	123	97	151	79	124	108	111	100	16	49
Tax %	30%	20%	9%	23%	24%	24%	26%	26%	28%	26%	24%	28%	23%
Net Profit	77	67	38	95	74	114	58	92	78	82	75	11	38
EPS in Rs	3.91	3.39	1.90	4.78	3.72	5.77	2.93	4.64	3.93	4.12	3.81	0.57	1.91

Last Updated: August 20, 2025, 9:10 am

Below is a detailed analysis of the quarterly data for Indo Count Industries Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:

For Sales, as of Jun 2025, the value is 959.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,023.00 Cr. (Mar 2025) to 959.00 Cr., marking a decrease of 64.00 Cr..
For Expenses, as of Jun 2025, the value is 849.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 941.00 Cr. (Mar 2025) to 849.00 Cr., marking a decrease of 92.00 Cr..
For Operating Profit, as of Jun 2025, the value is 110.00 Cr.. The value appears strong and on an upward trend. It has increased from 82.00 Cr. (Mar 2025) to 110.00 Cr., marking an increase of 28.00 Cr..
For OPM %, as of Jun 2025, the value is 11.00%. The value appears strong and on an upward trend. It has increased from 8.00% (Mar 2025) to 11.00%, marking an increase of 3.00%.
For Other Income, as of Jun 2025, the value is 9.00 Cr.. The value appears strong and on an upward trend. It has increased from 6.00 Cr. (Mar 2025) to 9.00 Cr., marking an increase of 3.00 Cr..
For Interest, as of Jun 2025, the value is 31.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 36.00 Cr. (Mar 2025) to 31.00 Cr., marking a decrease of 5.00 Cr..
For Depreciation, as of Jun 2025, the value is 38.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 36.00 Cr. (Mar 2025) to 38.00 Cr., marking an increase of 2.00 Cr..
For Profit before tax, as of Jun 2025, the value is 49.00 Cr.. The value appears strong and on an upward trend. It has increased from 16.00 Cr. (Mar 2025) to 49.00 Cr., marking an increase of 33.00 Cr..
For Tax %, as of Jun 2025, the value is 23.00%. The value appears to be improving (decreasing) as expected. It has decreased from 28.00% (Mar 2025) to 23.00%, marking a decrease of 5.00%.
For Net Profit, as of Jun 2025, the value is 38.00 Cr.. The value appears strong and on an upward trend. It has increased from 11.00 Cr. (Mar 2025) to 38.00 Cr., marking an increase of 27.00 Cr..
For EPS in Rs, as of Jun 2025, the value is 1.91. The value appears strong and on an upward trend. It has increased from 0.57 (Mar 2025) to 1.91, marking an increase of 1.34.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: July 22, 2025, 3:38 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	1,468	1,717	2,063	2,153	1,859	1,934	2,080	2,519	2,842	3,012	3,557	4,151
Expenses	1,306	1,468	1,646	1,828	1,696	1,778	1,897	2,141	2,403	2,556	2,995	3,618
Operating Profit	161	249	417	325	163	156	183	379	439	455	562	534
OPM %	11%	14%	20%	15%	9%	8%	9%	15%	15%	15%	16%	13%
Other Income	28	39	48	103	99	10	-44	32	135	30	41	40
Interest	50	65	55	42	35	36	39	28	47	62	70	123
Depreciation	20	16	30	33	33	35	43	43	41	65	83	117
Profit before tax	120	207	379	353	194	95	57	340	486	359	450	334
Tax %	8%	30%	34%	34%	36%	37%	-29%	27%	26%	23%	25%	26%
Net Profit	110	146	251	232	125	60	73	249	359	277	338	246
EPS in Rs	6.20	7.38	12.74	11.76	6.39	3.05	3.74	12.70	18.17	13.97	17.06	12.42
Dividend Payout %	-0%	-0%	3%	7%	13%	20%	16%	12%	11%	14%	13%	16%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	32.73%	71.92%	-7.57%	-46.12%	-52.00%	21.67%	241.10%	44.18%	-22.84%	22.02%	-27.22%
Change in YoY Net Profit Growth (%)	0.00%	39.19%	-79.49%	-38.55%	-5.88%	73.67%	219.43%	-196.92%	-67.02%	44.86%	-49.24%

Indo Count Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	9%
5 Years:	15%
3 Years:	13%
TTM:	11%

Compounded Profit Growth
10 Years:	4%
5 Years:	10%
3 Years:	-12%
TTM:	-40%

Stock Price CAGR
10 Years:	2%
5 Years:	27%
3 Years:	12%
1 Year:	-44%

Return on Equity
10 Years:	18%
5 Years:	18%
3 Years:	15%
Last Year:	11%

Last Updated: Unknown

Balance Sheet

Last Updated: August 11, 2025, 4:35 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	35	39	39	39	39	39	39	39	39	40	40	40
Reserves	254	382	591	807	917	935	947	1,245	1,551	1,753	2,049	2,238
Borrowings	437	386	409	311	384	337	349	577	1,319	876	956	1,449
Other Liabilities	285	435	352	367	359	313	361	433	352	379	524	533
Total Liabilities	1,011	1,242	1,392	1,524	1,699	1,625	1,696	2,296	3,262	3,048	3,569	4,260
Fixed Assets	346	388	484	533	543	574	575	561	631	1,110	1,355	1,890
CWIP	0	15	11	12	24	16	6	8	24	183	35	50
Investments	0	0	0	0	0	46	0	167	2	143	133	135
Other Assets	664	839	898	979	1,132	988	1,115	1,560	2,606	1,611	2,046	2,185
Total Assets	1,011	1,242	1,392	1,524	1,699	1,625	1,696	2,296	3,262	3,048	3,569	4,260

Below is a detailed analysis of the balance sheet data for Indo Count Industries Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 40.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 40.00 Cr..
For Reserves, as of Mar 2025, the value is 2,238.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,049.00 Cr. (Mar 2024) to 2,238.00 Cr., marking an increase of 189.00 Cr..
For Borrowings, as of Mar 2025, the value is 1,449.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 956.00 Cr. (Mar 2024) to 1,449.00 Cr., marking an increase of 493.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 533.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 524.00 Cr. (Mar 2024) to 533.00 Cr., marking an increase of 9.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 4,260.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,569.00 Cr. (Mar 2024) to 4,260.00 Cr., marking an increase of 691.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 1,890.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,355.00 Cr. (Mar 2024) to 1,890.00 Cr., marking an increase of 535.00 Cr..
For CWIP, as of Mar 2025, the value is 50.00 Cr.. The value appears strong and on an upward trend. It has increased from 35.00 Cr. (Mar 2024) to 50.00 Cr., marking an increase of 15.00 Cr..
For Investments, as of Mar 2025, the value is 135.00 Cr.. The value appears strong and on an upward trend. It has increased from 133.00 Cr. (Mar 2024) to 135.00 Cr., marking an increase of 2.00 Cr..
For Other Assets, as of Mar 2025, the value is 2,185.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,046.00 Cr. (Mar 2024) to 2,185.00 Cr., marking an increase of 139.00 Cr..
For Total Assets, as of Mar 2025, the value is 4,260.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,569.00 Cr. (Mar 2024) to 4,260.00 Cr., marking an increase of 691.00 Cr..

Notably, the Reserves (2,238.00 Cr.) exceed the Borrowings (1,449.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	34	236	153	216	42	215	140	-20	-37	755	146	394
Cash from Investing Activity +	2	-103	-113	-78	-52	-101	16	-189	-258	-474	-98	-485
Cash from Financing Activity +	-13	-114	-61	-148	17	-106	-40	185	646	-574	-47	105
Net Cash Flow	23	19	-21	-10	7	8	116	-23	352	-293	1	14

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-276.00	-137.00	8.00	14.00	-221.00	-181.00	-166.00	-198.00	438.00	-421.00	-394.00	533.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	27	27	43	53	56	48	43	75	63	48	46	52
Inventory Days	142	148	159	149	206	188	168	206	288	240	275	229
Days Payable	85	96	67	61	67	51	41	67	45	57	74	46
Cash Conversion Cycle	84	79	136	141	196	185	169	214	307	231	248	236
Working Capital Days	-0	15	44	73	106	91	64	89	44	61	74	58
ROCE %	26%	39%	47%	36%	18%	10%	15%	23%	22%	15%	18%	14%

Financial Efficiency Indicators Chart

No valid data available for the Shareholding

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Motilal Oswal Nifty Microcap 250 Index Fund	78,565	0.48	2.24	78,565	2025-04-22 17:25:31	0%
Groww Nifty Total Market Index Fund	179	0.02	0.01	179	2025-04-22 17:25:31	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	2.00	2.00	2.00	2.00	2.00
Basic EPS (Rs.)	17.06	13.97	18.16	12.70	3.74
Diluted EPS (Rs.)	17.06	13.97	18.16	12.70	3.74
Cash EPS (Rs.)	21.23	17.24	20.24	14.81	5.90
Book Value[Excl.RevalReserv]/Share (Rs.)	105.48	90.52	80.68	65.35	50.30
Book Value[Incl.RevalReserv]/Share (Rs.)	105.48	90.52	80.68	65.35	50.30
Revenue From Operations / Share (Rs.)	179.60	152.06	143.97	127.62	105.38
PBDIT / Share (Rs.)	30.43	24.52	29.09	21.00	12.05
PBIT / Share (Rs.)	26.26	21.25	27.02	18.81	9.85
PBT / Share (Rs.)	22.74	18.11	24.62	17.20	2.87
Net Profit / Share (Rs.)	17.06	13.97	18.17	12.62	3.70
NP After MI And SOA / Share (Rs.)	17.06	13.97	18.16	12.70	3.74
PBDIT Margin (%)	16.94	16.12	20.20	16.45	11.43
PBIT Margin (%)	14.62	13.97	18.76	14.74	9.34
PBT Margin (%)	12.65	11.90	17.10	13.48	2.72
Net Profit Margin (%)	9.50	9.19	12.61	9.88	3.51
NP After MI And SOA Margin (%)	9.50	9.19	12.61	9.94	3.54
Return on Networth / Equity (%)	16.17	15.43	22.58	19.51	7.48
Return on Capital Employeed (%)	21.77	20.02	30.20	26.50	17.56
Return On Assets (%)	9.46	9.04	10.98	10.91	4.35
Long Term Debt / Equity (X)	0.06	0.11	0.05	0.01	0.03
Total Debt / Equity (X)	0.43	0.46	0.82	0.43	0.33
Asset Turnover Ratio (%)	1.07	0.95	1.04	1.28	1.20
Current Ratio (X)	1.81	1.79	1.51	1.92	1.88
Quick Ratio (X)	0.84	0.85	0.79	1.11	0.98
Inventory Turnover Ratio (X)	1.63	1.40	1.51	2.22	2.11
Dividend Payout Ratio (NP) (%)	11.72	14.26	8.26	4.72	16.05
Dividend Payout Ratio (CP) (%)	9.41	11.56	7.41	4.03	10.10
Earning Retention Ratio (%)	88.28	85.74	91.74	95.28	83.95
Cash Earning Retention Ratio (%)	90.59	88.44	92.59	95.97	89.90
Interest Coverage Ratio (X)	8.63	7.79	12.13	14.76	6.06
Interest Coverage Ratio (Post Tax) (X)	5.84	5.44	8.57	10.00	5.37
Enterprise Value (Cr.)	7804.20	2949.12	4055.41	3043.06	656.22
EV / Net Operating Revenue (X)	2.19	0.97	1.43	1.21	0.31
EV / EBITDA (X)	12.95	6.07	7.06	7.34	2.76
MarketCap / Net Operating Revenue (X)	1.97	0.73	1.11	1.04	0.22
Retention Ratios (%)	88.27	85.73	91.73	95.27	83.94
Price / BV (X)	3.35	1.24	1.98	2.03	0.47
Price / Net Operating Revenue (X)	1.97	0.73	1.11	1.04	0.22
EarningsYield	0.04	0.12	0.11	0.09	0.15

After reviewing the key financial ratios for Indo Count Industries Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 2.00.
For Basic EPS (Rs.), as of Mar 24, the value is 17.06. This value is within the healthy range. It has increased from 13.97 (Mar 23) to 17.06, marking an increase of 3.09.
For Diluted EPS (Rs.), as of Mar 24, the value is 17.06. This value is within the healthy range. It has increased from 13.97 (Mar 23) to 17.06, marking an increase of 3.09.
For Cash EPS (Rs.), as of Mar 24, the value is 21.23. This value is within the healthy range. It has increased from 17.24 (Mar 23) to 21.23, marking an increase of 3.99.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 105.48. It has increased from 90.52 (Mar 23) to 105.48, marking an increase of 14.96.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 105.48. It has increased from 90.52 (Mar 23) to 105.48, marking an increase of 14.96.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 179.60. It has increased from 152.06 (Mar 23) to 179.60, marking an increase of 27.54.
For PBDIT / Share (Rs.), as of Mar 24, the value is 30.43. This value is within the healthy range. It has increased from 24.52 (Mar 23) to 30.43, marking an increase of 5.91.
For PBIT / Share (Rs.), as of Mar 24, the value is 26.26. This value is within the healthy range. It has increased from 21.25 (Mar 23) to 26.26, marking an increase of 5.01.
For PBT / Share (Rs.), as of Mar 24, the value is 22.74. This value is within the healthy range. It has increased from 18.11 (Mar 23) to 22.74, marking an increase of 4.63.
For Net Profit / Share (Rs.), as of Mar 24, the value is 17.06. This value is within the healthy range. It has increased from 13.97 (Mar 23) to 17.06, marking an increase of 3.09.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 17.06. This value is within the healthy range. It has increased from 13.97 (Mar 23) to 17.06, marking an increase of 3.09.
For PBDIT Margin (%), as of Mar 24, the value is 16.94. This value is within the healthy range. It has increased from 16.12 (Mar 23) to 16.94, marking an increase of 0.82.
For PBIT Margin (%), as of Mar 24, the value is 14.62. This value is within the healthy range. It has increased from 13.97 (Mar 23) to 14.62, marking an increase of 0.65.
For PBT Margin (%), as of Mar 24, the value is 12.65. This value is within the healthy range. It has increased from 11.90 (Mar 23) to 12.65, marking an increase of 0.75.
For Net Profit Margin (%), as of Mar 24, the value is 9.50. This value is within the healthy range. It has increased from 9.19 (Mar 23) to 9.50, marking an increase of 0.31.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 9.50. This value is within the healthy range. It has increased from 9.19 (Mar 23) to 9.50, marking an increase of 0.31.
For Return on Networth / Equity (%), as of Mar 24, the value is 16.17. This value is within the healthy range. It has increased from 15.43 (Mar 23) to 16.17, marking an increase of 0.74.
For Return on Capital Employeed (%), as of Mar 24, the value is 21.77. This value is within the healthy range. It has increased from 20.02 (Mar 23) to 21.77, marking an increase of 1.75.
For Return On Assets (%), as of Mar 24, the value is 9.46. This value is within the healthy range. It has increased from 9.04 (Mar 23) to 9.46, marking an increase of 0.42.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.06. This value is below the healthy minimum of 0.2. It has decreased from 0.11 (Mar 23) to 0.06, marking a decrease of 0.05.
For Total Debt / Equity (X), as of Mar 24, the value is 0.43. This value is within the healthy range. It has decreased from 0.46 (Mar 23) to 0.43, marking a decrease of 0.03.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.07. It has increased from 0.95 (Mar 23) to 1.07, marking an increase of 0.12.
For Current Ratio (X), as of Mar 24, the value is 1.81. This value is within the healthy range. It has increased from 1.79 (Mar 23) to 1.81, marking an increase of 0.02.
For Quick Ratio (X), as of Mar 24, the value is 0.84. This value is below the healthy minimum of 1. It has decreased from 0.85 (Mar 23) to 0.84, marking a decrease of 0.01.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 1.63. This value is below the healthy minimum of 4. It has increased from 1.40 (Mar 23) to 1.63, marking an increase of 0.23.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 11.72. This value is below the healthy minimum of 20. It has decreased from 14.26 (Mar 23) to 11.72, marking a decrease of 2.54.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 9.41. This value is below the healthy minimum of 20. It has decreased from 11.56 (Mar 23) to 9.41, marking a decrease of 2.15.
For Earning Retention Ratio (%), as of Mar 24, the value is 88.28. This value exceeds the healthy maximum of 70. It has increased from 85.74 (Mar 23) to 88.28, marking an increase of 2.54.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 90.59. This value exceeds the healthy maximum of 70. It has increased from 88.44 (Mar 23) to 90.59, marking an increase of 2.15.
For Interest Coverage Ratio (X), as of Mar 24, the value is 8.63. This value is within the healthy range. It has increased from 7.79 (Mar 23) to 8.63, marking an increase of 0.84.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 5.84. This value is within the healthy range. It has increased from 5.44 (Mar 23) to 5.84, marking an increase of 0.40.
For Enterprise Value (Cr.), as of Mar 24, the value is 7,804.20. It has increased from 2,949.12 (Mar 23) to 7,804.20, marking an increase of 4,855.08.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 2.19. This value is within the healthy range. It has increased from 0.97 (Mar 23) to 2.19, marking an increase of 1.22.
For EV / EBITDA (X), as of Mar 24, the value is 12.95. This value is within the healthy range. It has increased from 6.07 (Mar 23) to 12.95, marking an increase of 6.88.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 1.97. This value is within the healthy range. It has increased from 0.73 (Mar 23) to 1.97, marking an increase of 1.24.
For Retention Ratios (%), as of Mar 24, the value is 88.27. This value exceeds the healthy maximum of 70. It has increased from 85.73 (Mar 23) to 88.27, marking an increase of 2.54.
For Price / BV (X), as of Mar 24, the value is 3.35. This value exceeds the healthy maximum of 3. It has increased from 1.24 (Mar 23) to 3.35, marking an increase of 2.11.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 1.97. This value is within the healthy range. It has increased from 0.73 (Mar 23) to 1.97, marking an increase of 1.24.
For EarningsYield, as of Mar 24, the value is 0.04. This value is below the healthy minimum of 5. It has decreased from 0.12 (Mar 23) to 0.04, marking a decrease of 0.08.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Indo Count Industries Ltd as of August 30, 2025 is: 236.95

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of August 30, 2025, Indo Count Industries Ltd is Undervalued by 0.83% compared to the current share price 235.00

Intrinsic Value of Indo Count Industries Ltd as of August 30, 2025 is: 235.90

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of August 30, 2025, Indo Count Industries Ltd is Undervalued by 0.38% compared to the current share price 235.00

Last 5 Year EPS CAGR: -0.44%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 23.58%, which is a positive sign. The company has higher reserves (1,139.08 cr) compared to borrowings (649.17 cr), indicating strong financial stability. The company has shown consistent growth in sales (2.00 cr) and profit (281.17 cr) over the years.	The stock has a high average Working Capital Days of 59.92, which may not be favorable. The stock has a high average Cash Conversion Cycle of 185.50, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Indo Count Industries Ltd:
1. Net Profit Margin: 9.5%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 21.77% (Industry Average ROCE: 11.5%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 16.17% (Industry Average ROE: 10.28%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 5.84
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.84
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 22.6 (Industry average Stock P/E: 35.81)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.43
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Indo Count Industries Ltd. is a Public Limited Listed company incorporated on 07/11/1988 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L72200PN1988PLC068972 and registration number is 068972. Currently Company is involved in the business activities of Manufacture of bedding, quilts pillows, sleeping bags etc.. Company's Total Operating Revenue is Rs. 3771.65 Cr. and Equity Capital is Rs. 39.61 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Textiles - Spinning - Cotton Blended	Office No. 1, Plot No. 266, Village Alte, Kolhapur District Maharashtra 416109	info@indocount.com http://www.indocount.com

Management
Name	Position Held
Mr. Anil Kumar Jain	Executive Chairman
Mr. Mohit Jain	Executive Vice Chairman
Mr. Kailash R Lalpuria	Executive Director & CEO
Mr. Kamal Mitra	Director - Works
Mr. Siddharth Mehta	Lead Independent Director
Dr. Sanjay Kumar Panda	Independent Director
Mr. Akash Kagliwal	Independent Director
Mr. L Viswanathan	Independent Director
Mrs. Ambika Sharma	Independent Director

FAQ

What is the intrinsic value of Indo Count Industries Ltd?

Indo Count Industries Ltd's intrinsic value (as of 29 August 2025) is 236.95 which is 0.83% higher the current market price of ₹235.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹4,650 Cr. market cap, FY2025-2026 high/low of 439/211, reserves of ₹2,238 Cr, and liabilities of 4,260 Cr.

What is the Market Cap of Indo Count Industries Ltd?

The Market Cap of Indo Count Industries Ltd is 4,650 Cr..

What is the current Stock Price of Indo Count Industries Ltd as on 29 August 2025?

The current stock price of Indo Count Industries Ltd as on 29 August 2025 is 235.

What is the High / Low of Indo Count Industries Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Indo Count Industries Ltd stocks is 439/211.

What is the Stock P/E of Indo Count Industries Ltd?

The Stock P/E of Indo Count Industries Ltd is 22.6.

What is the Book Value of Indo Count Industries Ltd?

The Book Value of Indo Count Industries Ltd is 115.

What is the Dividend Yield of Indo Count Industries Ltd?

The Dividend Yield of Indo Count Industries Ltd is 0.85 %.

What is the ROCE of Indo Count Industries Ltd?

The ROCE of Indo Count Industries Ltd is 13.5 %.

What is the ROE of Indo Count Industries Ltd?

The ROE of Indo Count Industries Ltd is 11.3 %.

What is the Face Value of Indo Count Industries Ltd?

The Face Value of Indo Count Industries Ltd is 2.00.