NSE: ICIL | BSE: 521016

Mid-range Performer

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310.40 -3.10 (-0.99%)

26.78% Fall from 52W High

173.9K NSE+BSE Volume

NSE 03 Dec, 2025 3:53 PM (IST)

6,147.6

Market Cap

High in industry

Beta 1Year

Very High Volatility

Indo Count Industries Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for ICIL, BSE:521016 Indo Count Industries Ltd.

Indo Count Industries Ltd.

11 Aug 2017

310.40

-0.99%

Result Review of Indo Count Industries

Buy: Indo Count Industries Ltd.

Target

IDBI Capital

EBITDA margin fell sharply to 16.4% (our estimate 18.4%). The company has been guiding to maintain its EBITDA margin of atleast 20%; hence, EBITDA margin of 16.4% is a sharp miss in our view. We cut our FY18/19 sales/EBITDA/PAT estimates to factor in weak Q1FY18 and lower guidance; Maintain Buy with lower target price of Rs153. Key Highlights and Investment Rationale Top-line growth disappoints again: Indo Count's net sales were impacted by lower off-take from some of its customers. Although there was no loss of customers, Indo...

Indo Count has gained 34.50% in the last 3 Months

Indo Count Industries Ltd.

19 Jun 2017

310.40

-0.99%

Indo Count Industries ltd. Q4FY17 Update

Buy: Indo Count Industries Ltd.

Choice India

Over the FY13-17 period ICIL's revenue, EBITDA and PAT have grown at a CAGR of 16.1%, 44.6% and 67.8% respectively. The company's focus going forward for the current year will be towards efficient utilization of all resources, increased global market share in bedding, promote domestic brand pan India. The company has completed phase 1 capex of increasing its capacity expansion from 68 mn meters to 90 mn meters. Under phase 2 capex, the company is awaiting land approvals from regulatory authorities for its in-house weaving capacity. Going forward the management has guided for EBITDA margins of 20%. For FY18, the company's target...

Indo Count Industries Ltd. is trading above all available SMAs

Indo Count Industries Ltd.

12 Jun 2017

310.40

-0.99%

Indocount - Company Update

Not Rated: Indo Count Industries Ltd.

Axis Direct

Indocount's turnaround story is exemplary and reaffirms how a focused and able leadership can transform a business. An asset-light business model, geographic and category expansions and increasing contribution of value added products have been the hallmark of ICNT's journey over past 3-4 years.

ICICI Direct released a Buy report for Indo Count Industries Ltd. with a price target of 370.0 on 13 Nov, 2025.

Indo Count Industries Ltd.

17 May 2017

310.40

-0.99%

Result Update Q4FY17 Indo Count Industries Ltd.

Buy: Indo Count Industries Ltd.

Target

Religare

Indo Count Industries Ltd. (ICIL) reported a subdued Q4FY17 results on expected lines. Net sales came in flat yoy at Rs 512.9Crs. EBITDA and PAT stood at Rs 90.1crs and Rs 48.1crs respectively.

Indo Count has gained 34.50% in the last 3 Months

Indo Count Industries Ltd.

17 May 2017

310.40

-0.99%

Indo Count Industries Ltd. - Subdued Quarter; Result Update Q4FY17

Buy: Indo Count Industries Ltd.

Target

Edelweiss

Indo Count Industries (ICIL) has reported a poor set of numbers this quarter in continuation with its previous 3 quarters' trend. Sales at INR 513 cr were flat and much below our...

Indo Count Industries Ltd. is trading above all available SMAs

Indo Count Industries Ltd.

17 May 2017

310.40

-0.99%

Result Review of Indo Count Industries

Buy: Indo Count Industries Ltd.

IDBI Capital

Management maintains 20% EBITDA margin guidance: Management expects volumes to grow by ~10% in FY18 while it expects EBITDA margin to be atleast 20% during FY18. The company expects cotton prices to moderate from Q4FY17 levels which should aid cost benefits. Indo Count has hedged 60% of its FY18 receivables. Although INR has appreciated recently against the USD, Indo Count expects to maintain margins with improved product mix, cost efficiencies and operating...

ICICI Direct released a Buy report for Indo Count Industries Ltd. with a price target of 370.0 on 13 Nov, 2025.

Indo Count Industries Ltd.

24 Feb 2017

310.40

-0.99%

Indo Count Industries Ltd: Weak Q3FY17; Capacity Expansion i... (Feb 24, 2017)

Buy: Indo Count Industries Ltd.

Target

Karvy

Weak Q3FY17; Capacity Expansion is as Per Schedule: Weak Q3FY17, margins declined by 213bps QoQ - Indo Count recorded revenueof Rs. 5029 Mn with a de-growth of 12.7% QoQ. EBITDA stood at Rs. 1020 Mn with a decline of 12.4% and the EBITDA margins stood at 20.3% with a dip of 213 bps QoQ. As a result of the topline and margin decline, Indo Count reported PAT ofRs. 562 Mn with a drop of 10.4% against Q2FY17.

Indo Count has gained 34.50% in the last 3 Months

Indo Count Industries Ltd.

17 Feb 2017

310.40

-0.99%

Result Update Q3FY17 Indo Count Industries Ltd.

Buy: Indo Count Industries Ltd.

Religare

Indo count reported dismal Q3FY17 on account of subdued demand during the quarter. Net sales came in at Rs 502.8crs. EBITDA and PAT stood at Rs 101.9crs and Rs 56.3crs respectively. Higher raw material cost and operating expenses weighed on margins of the company.