I

Indo Count Industries Limited

ICILNSE
Market snapshot · 2026-08-11 11:05 UTC

423.20

₹-1.80 (-0.42%)

MARKET CAP

₹8.38K Cr

STOCK P/E

66.1x

52W HIGH

₹463.80

52W LOW

₹216.90

BOOK VALUE

₹118.92

EPS

₹6.40

ROE

5.46%

SECTOR

Consumer Discretionary

DEBT/EQUITY

56.99

VOLUME

3.94L

P/B RATIO

3.56x

PEG RATIO

1.06

Sector

Consumer Discretionary

Themes

TextilesMukul Agrawal Portfolio
D
Dividend
E
Earnings
₹426.60₹376.08₹325.55₹275.03₹224.50VolumeDEEEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for ICIL.

6.00 analysts

Price Forecast

Current
₹423.20
High Target
₹558.00
▲ +31.9%
Median Target
₹479.50
▲ +13.3%
Low Target
₹351.00
▼ -17.1%
Now₹423.20High ₹558.00Median ₹479.50Low ₹351.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
6 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹301.39 - ₹630.1080%
6M₹266.38 - ₹755.9080%
12M₹227.58 - ₹994.7580%
Realized vol: +57.5% · Drift: +28.3%

Revenue Forecast

₹ Cr
Mar '26Current₹758.0
Sep 2026 ETrend estimate range
High₹740.4Base₹685.5Low₹630.7
Jun '25: ₹733.0 · Sep '25: ₹828.0 · Dec '25: ₹779.0 · Mar '26: ₹758.0 · Sep '26: ₹685.5 · Dec '26: ₹645.0
Jun '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E733.0828.0779.0758.0685.5645.0
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Mar '26Current₹1.86
Sep 2026 ETrend estimate range
High₹3.58Base₹3.20Low₹2.81
Jun '25: ₹2.03 · Sep '25: ₹2.13 · Dec '25: ₹1.28 · Mar '26: ₹1.86 · Sep '26: ₹3.20 · Dec '26: ₹1.92
Jun '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E2.032.131.281.863.201.92
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
58%
Analyst Consensus
Positive

From 6 analysts

Mean upside+11.4%

Fundamentals

Weakening

Fundamentals institutional score is 39 using EVA spread proxy -6.5%; growth durability 77.1.

Valuation

Premium valuation

Valuation institutional score is 34 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Neutral

Analyst View institutional score is 65 using mean target upside 11.4%; dispersion penalty 17.6; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 78 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Positive catalysts emerging

Recent news flow is skewing constructive on impact and recency. Based on 6 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. analyst consensus and technical structure provide support, while fundamentals and valuation remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals WeakeningValuation Premium valuationAnalyst Consensus NeutralTechnical Structure Strong TrendMarket Sentiment Positive catalysts emerging

Key Data Points

Mean Target Price471.3 target
Mean Upside+11.4%
Technical Score78%
Fundamental Score39%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 42.5% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +2.05). Confidence: 82%.

Live forward EPS implies next-12-month EPS of ₹22.62. Applying the stock's normalized valuation corridor produces a fair range of ₹951.17 to ₹1,260.16, with base value near ₹1,050.02 (+148.1% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹22.62

Forward P/E

18.7x

Base Fair Value

₹1,050.02

Fair Range

₹951.17 - ₹1,260.16

Upside To Base

+148.1%

Estimate Source

Live forward EPS

Growth Estimate

+62.5%

P/E
Strongly Overvalued

5Y Average

40.23

Current

66.13

Overvalued

55.71

Undervalued

42.05

EV/EBITDA
Strongly Overvalued

5Y Average

16.68

Current

27.42

Overvalued

20.38

Undervalued

10.94

P/B
Strongly Overvalued

5Y Average

2.59

Current

3.56

Overvalued

2.98

Undervalued

2.20

Peers & Comparison

Sector: Consumer Discretionary · Theme: Textiles

Textiles Peers3 peers
Avg P/E: 37.1x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
-24.9%
-23.4%
GARWARE TECH FIBRES LTD
GARFIBRESTextiles
+31.4%12.8%
37.1x
Fair
0% vs avg
-1.4%
ALOK INDUSTRIES LIMITED
ALOKINDSTextiles
+6.5%-18.8%
-32.9%
WHY THESE PEERS

INDO COUNT INDUSTRIES LTD trades at a premium (66.1x vs peer avg 37.1x), implying higher growth or quality expectations from the Textiles cohort. Peers include ADITYA BIRLA REAL EST LTD, GARWARE TECH FIBRES LTD, ALOK INDUSTRIES LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹758 CrMar 2026

Latest net profit

₹37 CrMar 2026

Latest EPS

₹1.86Mar 2026

Net margin

9.0%Mar 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.0%3.0%6.0%9.0%12.0%0.00 Cr250 Cr500 Cr750 Cr1.00K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.00 Cr250 Cr500 Cr750 Cr1.00K Cr₹0₹1₹1₹2₹2
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr200 Cr400 Cr600 Cr800 Cr

Latest reported period: Mar 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-1.50K Cr0.00 Cr1.50K Cr3.00K Cr4.50K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +6876769606961,0019069911,009865733828779758
Expenses +557561811598840767841887813645747716691
Operating Profit130115149971621391501225288816367
OPM %19%17%16%14%16%15%15%12%6%12%10%8%9%
Other Income +4625141111119911221432
Interest12141717192029292822222031
Depreciation16161819192020212123232423
Profit before tax1069113977124109112901254573545
Tax %30%26%25%26%26%28%26%26%31%26%26%27%18%
Net Profit +74671045692798367840422537
EPS in Rs3.733.395.272.854.663.994.193.380.412.032.131.281.86
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +58.74%58.74%58.74%58.74%58.74%
FIIs +9.89%9.98%9.86%9.86%10.14%
DIIs +5.15%5.31%6.03%5.72%5.82%
Public +26.22%25.95%25.37%25.66%25.30%
Others0.02%0.02%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Aug 10, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Aug 10, 2026PDFCompany Reports Open

Board Meeting Intimation for Notice Of Board Meeting To Be Held On 12Th August, 2026

Aug 07, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 05, 2026PDFCompany Reports Open