Indo Count Industries Limited (ICIL), established in 1988, has emerged as a global leader in the home textiles and bedding industry. Renowned for its high-quality bed linens, fashion bedding, and institutional textiles, the company is a prominent player in both domestic and international markets. With a commitment to innovation and technology, Indo Count ensures complete control over its supply chain, encompassing product development, manufacturing, and marketing. The company’s focus on excellence has enabled it to establish a robust global presence, exporting products to numerous countries worldwide. A major milestone in its journey was the acquisition of GHCL’s home textile business, which reinforced its standing as the world’s largest manufacturer of bed linen. Despite challenges like supply chain disruptions and escalating raw material costs, Indo Count has consistently demonstrated resilience and sustained growth. Its strategic initiatives and commitment to market leadership have solidified its reputation as a trusted name in the global home textiles sector.
Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | |
Promoters + | 58.74% | 58.74% | 58.74% | 58.74% | 58.74% |
FIIs + | 10.66% | 10.74% | 10.69% | 10.69% | 10.35% |
DIIs + | 0.79% | 1.06% | 2.16% | 3.67% | 4.57% |
Public + | 29.80% | 29.45% | 28.40% | 26.89% | 26.34% |
No. of Shareholders | 67,626 | 73,384 | 69,110 | 77,053 | 74,189 |
The shareholding pattern of Indo Count Industries shows a consistent distribution with notable trends across different categories of stakeholders from December 2023 to December 2024. Promoters maintained a steady holding of 58.74% throughout the period, reflecting their strong commitment to the company. Foreign Institutional Investors (FIIs) saw a marginal decrease, starting at 10.66% in December 2023 and dropping to 10.35% by December 2024. In contrast, Domestic Institutional Investors (DIIs) showed significant growth in their stake, rising from 0.79% in December 2023 to 4.57% by December 2024, indicating increased confidence from domestic institutions. Public shareholding gradually decreased from 29.80% to 26.34% during the same timeframe, suggesting a shift in ownership dynamics. The number of shareholders fluctuated, peaking at 77,053 in September 2024, before settling at 74,189 in December 2024. These changes highlight evolving investor interest and confidence in Indo Count Industries.
Recent News on expansion plans
Indo Count Industries Limited is taking a significant step forward in its expansion plans by establishing a greenfield manufacturing facility in North Carolina, USA. This strategic initiative is aimed at bolstering its utility bedding business across the United States, which represents the largest market for home textiles globally. By setting up operations in North Carolina, Indo Count aims to enhance its market presence, improve supply chain efficiencies, and cater to the growing demand for high-quality bedding products in the region. This move underscores the company’s commitment to strengthening its footprint in international markets and driving long-term growth.
Below are the trading platforms that you can use to purchase Indo Count Industries shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
When | Maximum Price | Minimum Price |
March 2025 | 417.99 | 321.53 |
April 2025 | 413.85 | 318.35 |
May 2025 | 401.80 | 309.07 |
June 2025 | 419.88 | 322.98 |
July 2025 | 411.64 | 316.65 |
August 2025 | 424.38 | 326.44 |
September 2025 | 429.47 | 330.36 |
October 2025 | 440.63 | 338.95 |
November 2025 | 451.65 | 347.42 |
December 2025 | 471.97 | 363.06 |
As we move into 2025, the maximum and minimum prices of Indo Count Industries Share are expected to exhibit a dynamic trend. By March 2025, the maximum price is projected to reach ₹417.99, with a minimum of ₹321.53. As we advance towards the end of the year, December 2025 is anticipated to witness higher price levels, with the maximum price estimated at ₹471.97 and the minimum at ₹363.06.
When | Maximum Price | Minimum Price |
January 2026 | 486.13 | 373.95 |
February 2026 | 473.98 | 364.60 |
March 2026 | 483.46 | 371.89 |
April 2026 | 493.33 | 379.48 |
May 2026 | 488.44 | 375.72 |
June 2026 | 500.65 | 385.12 |
July 2026 | 490.84 | 377.57 |
August 2026 | 506.02 | 389.24 |
September 2026 | 516.14 | 397.03 |
October 2026 | 529.56 | 407.35 |
November 2026 | 542.80 | 417.54 |
December 2026 | 556.37 | 427.97 |
As we step into 2026, the maximum and minimum prices of Indo Count Industries Share are expected to follow an upward trend. In January 2026, the maximum price is projected to be ₹486.13, with a minimum of ₹373.95. Progressing towards the year-end, December 2026 is anticipated to see further growth, with the maximum price reaching ₹556.37 and the minimum rising to ₹427.97.
When | Maximum Price | Minimum Price |
January 2027 | 561.93 | 432.25 |
February 2027 | 576.34 | 443.34 |
March 2027 | 598.82 | 460.63 |
April 2027 | 587.07 | 451.60 |
May 2027 | 569.97 | 438.44 |
June 2027 | 595.62 | 458.17 |
July 2027 | 583.94 | 449.19 |
August 2027 | 602.00 | 463.08 |
September 2027 | 623.07 | 479.29 |
October 2027 | 639.27 | 491.75 |
November 2027 | 655.26 | 504.04 |
December 2027 | 671.64 | 516.64 |
When | Maximum Price | Minimum Price |
January 2028 | 685.07 | 526.98 |
February 2028 | 702.64 | 540.49 |
March 2028 | 730.04 | 561.57 |
April 2028 | 715.72 | 550.56 |
May 2028 | 694.88 | 534.52 |
June 2028 | 726.15 | 558.58 |
July 2028 | 711.91 | 547.62 |
August 2028 | 733.93 | 564.56 |
September 2028 | 759.62 | 584.32 |
October 2028 | 779.37 | 599.51 |
November 2028 | 798.85 | 614.50 |
December 2028 | 818.82 | 629.86 |
When | Maximum Price | Minimum Price |
January 2029 | 835.20 | 642.46 |
February 2029 | 856.61 | 658.93 |
March 2029 | 890.02 | 684.63 |
April 2029 | 872.57 | 671.21 |
May 2029 | 847.15 | 651.66 |
June 2029 | 885.28 | 680.98 |
July 2029 | 867.92 | 667.63 |
August 2029 | 894.76 | 688.28 |
September 2029 | 926.08 | 712.37 |
October 2029 | 950.16 | 730.89 |
November 2029 | 973.91 | 749.16 |
December 2029 | 998.26 | 767.89 |
When | Maximum Price | Minimum Price |
January 2030 | 1,018.22 | 783.25 |
February 2030 | 1,044.33 | 803.33 |
March 2030 | 1,085.06 | 834.66 |
April 2030 | 1,063.78 | 818.29 |
May 2030 | 1,032.80 | 794.46 |
June 2030 | 1,079.28 | 830.21 |
July 2030 | 1,058.11 | 813.93 |
August 2030 | 1,090.84 | 839.11 |
September 2030 | 1,129.02 | 868.48 |
October 2030 | 1,158.37 | 891.06 |
November 2030 | 1,187.33 | 913.33 |
December 2030 | 1,217.01 | 936.17 |
As we progress through 2030, the share price of Indo Count Industries is anticipated to demonstrate significant growth. In January 2030, the maximum share price is expected to reach ₹1,018.22, while the minimum is likely to stand at ₹783.25. By December 2030, this upward momentum is projected to continue, with the maximum share price soaring to ₹1,217.01 and the minimum rising to ₹936.17, reflecting the company’s strong market trajectory.
Financial Condition of Indo Count Industries
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
Sales + | 2,080 | 2,519 | 2,842 | 3,012 | 3,557 | 4,222 |
Expenses + | 1,897 | 2,141 | 2,403 | 2,556 | 2,995 | 3,605 |
Operating Profit | 183 | 379 | 439 | 455 | 562 | 617 |
OPM % | 9% | 15% | 15% | 15% | 16% | 15% |
Other Income + | -44 | 32 | 135 | 30 | 41 | 34 |
Interest | 39 | 28 | 47 | 62 | 70 | 107 |
Depreciation | 43 | 43 | 41 | 65 | 83 | 102 |
Profit before tax | 57 | 340 | 486 | 359 | 450 | 442 |
Tax % | -29% | 27% | 26% | 23% | 25% | |
Net Profit + | 73 | 249 | 359 | 277 | 338 | 327 |
EPS in Rs | 3.74 | 12.7 | 18.17 | 13.97 | 17.06 | 16.5 |
Dividend Payout % | 16% | 12% | 11% | 14% | 13% |
The financial performance of Indo Count Industries reflects steady growth and resilience over the years. From March 2020 to the trailing twelve months (TTM), the company’s sales have grown significantly, rising from ₹2,080 crore in 2020 to ₹4,222 crore in TTM, showcasing a robust demand for its products. Correspondingly, operating profit improved from ₹183 crore in 2020 to ₹617 crore in TTM, supported by consistent operating profit margins (OPM), which increased from 9% in 2020 to 15%-16% in recent years.
Indo Count Industries has managed its expenses efficiently, with controlled increases from ₹1,897 crore in 2020 to ₹3,605 crore in TTM. Other income has fluctuated, with a notable peak of ₹135 crore in 2022. However, higher interest and depreciation costs in recent years have slightly impacted profit before tax, which stands at ₹442 crore in TTM compared to ₹486 crore in 2022.
Net profit reflects the company’s ability to navigate challenges, growing from ₹73 crore in 2020 to ₹338 crore in 2024, with TTM figures slightly adjusting to ₹327 crore. The earnings per share (EPS) have similarly improved, reaching ₹16.5 in TTM compared to ₹3.74 in 2020, signifying enhanced value for shareholders. The dividend payout ratio has remained stable, ranging between 11% and 16%, demonstrating Indo Count Industries’ commitment to rewarding its investors while reinvesting in growth opportunities.
FAQs
What is Indo Count Industries current market capitalization?
Indo Count Industries current market capitalization is ₹6,788 Crores.
Indo Count Industries share price targets for 2025 range from ₹309.07 to ₹471.97.
Indo Count Industries share price targets for 2030 range from ₹936.17 to ₹1,217.01 by December.
What is the current Price/Earnings (P/E) ratio of Indo Count Industries?
Indo Count Industries current Price/Earnings (P/E) ratio is 20.8.
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Conclusion
Indo Count Industries has established itself as a global leader in the home textiles sector, renowned for its high-quality bed linens and strategic market presence. The company’s robust financial performance, consistent promoter holding, and growing interest from domestic institutional investors underscore its resilience and market confidence. With strategic initiatives like the acquisition of GHCL’s home textile business and the establishment of a greenfield facility in North Carolina, Indo Count is well-positioned for long-term growth. Share price projections for 2025 to 2030 indicate a steady upward trajectory, reflecting investor optimism and the company’s strong fundamentals. Despite challenges such as rising raw material costs and supply chain disruptions, Indo Count Industries continues to innovate and expand, securing its reputation as a trusted name in the global home textiles market.
What did we learn?
- 1 Shareholdings Patterns of Indo Count Industries
- 2 Recent News on expansion plans
- 3 How to Purchase Indo Count Industries Shares in India?
- 4 Indo Count Industries Share Price Prediction 2025 – 2030
- 4.1 Indo Count Industries Share Price Target 2025
- 4.2 Indo Count Industries Share Price Prediction 2026
- 4.3 Indo Count Industries Share Price Prediction 2027
- 4.4 Indo Count Industries Share Price Target 2028
- 4.5 Indo Count Industries Share Price Prediction 2029
- 4.6 Indo Count Industries Share Price Prediction 2030
- 5 Financial Condition of Indo Count Industries
- 6 FAQs
- 7 Conclusion