Indo Count Industries Ltd.
Snapshot View

264.20 -3.80 ▼-1.4%

30 July 2021, 04:00:00 P.M.
Volume: 49,665

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile Compare with Industry peers
Website http://www.indocount.com
Financial Indicators
Market Cap 5,215.30 Cr.
Earnings per share (EPS) 12.70 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 20.81 Trailing Twelve Months Ending 2021-03
Industry PE 24.02 Trailing Twelve Months Ending 2021-03
Book Value / Share 65.07 Trailing Twelve Months Ending 2021-03
Price to Book Value 4.06 Calculated using Price: 264.20
Dividend Yield 0.23 Period Ending 2020-03
No. of Shares Subscribed 19.74 Cr. 197,399,670 Shares
FaceValue 2
Company Profile

Indo Count Industries was originally incorporated in 1988 as a public limited company by the name of Vishnu Aluminium Ltd. and changed its name to present in March 1990. A Fresh Certificate of Incorporation was issued on April 20, 1990. The company was promoted by Anil Kumar Jain, Sunil Jain and associates. Indo Count Industries Ltd. is engaged in the manufacturing of 100% grey combed cotton yarn and knitted fabric.

The Spinning and Knitting mill of the company commenced production of combed cotton yarn with a capacity of 12096 spindles in 1991. The plant is located at Kolhapur in South West of India, an area having a strong textile culture and is ideally placed in close proximity to India's cotton growing belt. Latest machines have been imported from Rieter, Schlafhorst, Volkmann, Mayer & Cie, Luwa and Uster.

Indo Count’s performance has been a revelation. Plant capacity has made a quantum jump from a moderate 12096 spindles in 1991 to the present 56448 spindles and has also diversified into Dyed Yarns, Corespun Yarns and Knitted Fabrics. All this has been achieved against a back drop of world wide recessionary pressures.

As an ISO 9002 and 100% Export Oriented Unit, Indo Count’s customer base has widely expanded and it has carved a brand presence in all the major markets like UK, Italy, Germany, Switzerland, Scandinavia, Israel, Canada, Chile, Japan and South Korea which are some of the many. Indo Count yarn is known as 'Rieter Yarn', a status which was conferred by Rieter Machine Works Ltd. This authorization was based on the Swiss company's appraisal that Indo Count's machinery is well maintained and that the quality levels are consistent. The company had a business opportunity in television manufacturing. It started manufacturing for LG, Samsung and TCL.

Expanding its gamut of operations Indo Count set up a manufacturing unit for world-class home textiles, ‘Home Textiles Division’. It commenced its operations in May 2006.The unit is engaged in manufacturing of Bed Sheet Sets, Pillow Cases, Duvet covers, Comforters, Window Covering and Hospital Linen.

Product range of the company includes:

  • Cotton yarn
  • Knitted fabrics
  • Dyed yarn and core-spun yarn

Indo Count is manufacturing 100% cotton yarns and knitted fabric of the highest international quality standards. All the goods are being exported since the inception. The yarns are used for both knitting and weaving by some of the best names in the industry

Awards

  • An ISO 9002 certified company

2013-Indo Count Industries has awarded the Company with Bronze Trophy for the Third Highest Exports of Bed Linen/Bed Sheets/Quilts in Madeups for its outstanding performance for the financial year 2012-13
-Trophy for Asia Pacific international Award

2014-The Company has won the BRONZE TROPHY- For the 3rd Highest Exports of Made-ups in Bed Linen/ Bed Sheets/ Quilts under the category III for the year 2013-14.
-The Company has won the GOLD TROPHY- For Special Achievement Award in Made-ups from The Cotton Textiles Export Promotion Council of India (Texprocil) for the year 2013-14
-The Company has been ranked 29th in the Textile & Garments Industry in India and 454th (previous year rank 581) among the listed companies in India.
-Indo Count UK Ltd is established in Manchester and Indo Australia Pty Ltd is created in Melbourne. Both house showrooms, design studios and warehousing.

2015 - Export Excellence Award -Indo Count Inds. - Grant of Silver Trophy

Milestones

1988 Mr. Anil Kumar Jain incorporates Indo Count Industries Ltd.
1991 Spinning EOU production commences.
1995 Rights issue for expansion.
2005 Land purchase for HT.
2006 The Home Textile Division is set up, the first in the state of Maharashtra.
2008 Indo Count acquires Pranavaditya Spinning Mills Ltd. (PSML) increasing its total spindlage to 80,016 spindles and producing 14,000 tons of cotton yarn per year.
2011 Indo Count expands into the U.S.A. by establishing Indo Count Global Inc. (ICGL) with offices and showroom in Manhattan, and warehousing and EDI operations in Charlotte, NC.
2012 Production expands to 45 million meters per year.
2014 Indo Count UK Ltd is established in Manchester and Indo Australia Pty Ltd is created in Melbourne. Both house showrooms, design studios and warehousing.
2015 The Brownfield expansion increases capacity to 68 million meters per year.
2016 3 brands launched in USA (BOUTIQUE LIVING / PURE / REVIVAL)
2016 ICIL launches BL in India.
2016 ICIL takes the license of prestigious brands like Harlequin/Sanderson/Scion

-Indo Count Industries 'Launches 3 New Brands in US Market'.
-Indo Count Ind gets gold seal from Cotton Egypt Association for being a key supplier to global retailers for Egyptian cotton sheets.
-Launch of Domestic Home Textile Brand 'BOUTIQUE LIVING'.
-3 brands launched in USA (BOUTIQUE LIVING / PURE / REVIVAL)
-ICIL launches BL in India.
-ICIL takes the license of prestigious brands like Harlequin/Sanderson/Scion

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-1.42%
1 Week
+16.75%
1 Month
+55.14%
3 Month
+100.53%
6 Month
+92.01%
1 Year
+299.40%
2 Year
+688.66%
5 Year
+46.87%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) -6.70 63.27 96.46 60.30 51.04 31.74 13.90 6.20 7.46
Return on Capital Employed (%) 8.03 19.84 31.33 41.57 48.76 36.20 18.35 9.88 7.25
Return on Assets (%) -0.35 4.00 12.16 13.03 18.32 16.07 7.77 3.60 4.40

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 179 196 292 424 630 846 956 975 986
Non Curr. Liab. 152 117 85 106 146 141 173 180 114
Curr. Liab. 324 504 616 706 607 528 563 463 589
Minority Int. 1 1 5 6 8 8 7 7 7
Equity & Liab. 656 818 998 1,242 1,392 1,524 1,699 1,625 1,696
Non Curr. Assets 372 364 352 415 506 548 571 600 590
Curr. Assets 284 454 645 827 886 975 1,128 1,024 1,105
Misc. Exp. not W/O 0 0 0 0
Total Assets 656 818 998 1,242 1,392 1,524 1,699 1,625 1,696

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 780 1,187 1,468 1,717 2,063 2,153 1,859 1,934 2,080
Other Income 27 30 30 65 49 109 100 10 55
Total Income 807 1,217 1,498 1,782 2,111 2,262 1,958 1,945 2,135
Total Expenditure -744 -1,097 -1,309 -1,468 -1,657 -1,831 -1,696 -1,778 -1,897
PBIDT 63 120 189 314 455 431 262 166 238
Interest -35 -50 -50 -65 -55 -42 -35 -36 -39
Depreciation -19 -18 -20 -16 -30 -33 -33 -35 -43
Taxation 1 -7 -9 -61 -128 -121 -69 -36 16
Exceptional Items -12 -16 -26 -98
PAT -2 30 110 146 241 234 125 60 73

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 45 19 34 236 153 216 42 215 140
Cash Fr. Inv. 4 -15 2 -103 -113 -78 -52 -101 16
Cash Fr. Finan. -57 -2 -13 -114 -61 -148 17 -106 -40
Net Change -8 1 23 19 -21 -10 7 8 116
Cash & Cash Eqvt 7 9 31 51 19 9 16 23 139

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 58.94 58.94 58.94 58.94 58.94 58.94 58.94 58.94 58.94
Public 41.06 41.06 41.06 41.06 41.06 41.06 41.06 41.06 41.06
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 30 Jul 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to Regulation 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and based on intimation sent by Link Intime India Pvt. Ltd. (Registrar and Transfer Agent) to us on July 30 2021 (copy of intimation enclosed) we provide the following details of share certificate reported to have been lost / misplaced by the Shareholders vide folio nos: 0041651 & 0041652.
Fri, 30 Jul 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
We wish to inform the Exchanges that the Investors Conference Call to discuss the financial and operational performance for the quarter ended June 30 2021 (Q1 FY 22) will be held on Wednesday August 4 2021 at 2.00 P.M. (IST).
Wed, 28 Jul 2021
Clarification sought from Indo Count Industries Ltd
The Exchange has sought clarification from Indo Count Industries Ltd on July 28 2021 with reference to significant movement in price in order to ensure that investors have latest relevant information about the company and to inform the market so that the interest of the investors is safeguarded.

The reply is awaited.

Technical Scans View Details

Fri, 30 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone

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