# Indo Count Industries share price today (Indo Count Industries Ltd, NSE: ICIL)

> Indo Count Industries share price today: ₹466.85 at the NSE close on 3 November 2026, up 64.7% in a year. Indo Count Industries (NSE: ICIL) is worth ₹9,248 crore, trades at a P/E of 61.3 and has closed between ₹224.50 and ₹466.85 over the past 52 weeks. > Indo Count Industries Ltd's share price has risen faster than its earnings: +64.7% in a year, against −49.3% for earnings per share. ICIL · Textiles - Home Textile · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/indo-count-industries-ltd

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## Key numbers

- Business trend: Getting worse, from the last 12 quarters
- Price: ₹466.85 (+64.7% in a year)
- P/E: 61.3× (higher than 98% of the last 11 years)
- Revenue (Jun 2026): ₹1,207 Cr (+25.9% on a year ago)
- Profit (Jun 2026): ₹63.0 Cr (+61.5% on a year ago)
- Operating margin: 12.0% (flat on a year ago)
- ROCE: 8%, FY26
- ROIC: 5.8%, against a 12.0% cost of capital: −6.2 points

The main question: the share price moved +64.7% in a year while yearly earnings per share moved −49.3%. The difference came from the market paying a higher multiple. ## What is the Indo Count Industries share price today? Indo Count Industries Ltd's share price was ₹466.85 at the close on 3 November 2026. It has been rising for 22 weeks. That is 25.2% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹225 and ₹467, and at that close it was at the high of that range. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 37 weeks in a row. Over the last 11 years the share price moved +137% while the NIFTY 500 moved +243%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Indo Count Industries this quarter? One change stood out: highest quarterly revenue in 16 quarters. 1. Highest quarterly revenue in 16 quarters Revenue of ₹1,207 crore in the June 2026 quarter is the highest of the last 16 quarters. Why: Revenue hit a record because demand was good, Bhilad production was back to normal, and US retail demand improved. Next results: check whether core meter volumes and prices improve together. From the earnings call on 28 Sep 2026. ## What are Indo Count Industries' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Indo Count Industries reported revenue of ₹1,207 crore, up 25.9% from ₹959 crore a year earlier, and a profit of ₹63.0 crore, up 61.5% from ₹39.0 crore. ### Indo Count Industries results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹1,207 crore | ₹959 crore | +25.9% |
| Profit | ₹63.0 crore | ₹39.0 crore | +61.5% |
| Earnings per share | ₹3.19 | ₹1.97 | +61.9% |
| Operating margin | 12.0% | 12.0% | 0.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Indo Count Industries' management discussed these results on a call held on 28 September 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Indo Count Industries share price history? Indo Count Industries closed at ₹466.85 on 3 November 2026, up 64.7% from ₹283.45 a year earlier (31 October 2025) and up 88.0% over five years. Its highest weekly close since April 2016 was ₹466.85 on 3 November 2026. ### Indo Count Industries share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹394.40 | +18.4% |
| 1 month ago · 1 Oct 2026 | ₹444.00 | +5.1% |
| 6 months ago · 30 Apr 2026 | ₹277.36 | +68.3% |
| 1 year ago · 31 Oct 2025 | ₹283.45 | +64.7% |
| 3 years ago · 3 Nov 2023 | ₹282.65 | +65.2% |
| 5 years ago · 4 Nov 2021 | ₹248.35 | +88.0% |
| 10 years ago · 4 Nov 2016 | ₹151.92 | +207.3% |
| Earliest weekly close in our records · 1 Apr 2016 | ₹197.29 | +136.6% |
| Highest weekly close since April 2016, also the 52-week high · 3 Nov 2026 | ₹466.85 | 0.0% |
| Lowest weekly close since April 2016 · 27 Mar 2020 | ₹23.90 | +1,853.3% |
| 52-week low (weekly close) · 23 Jan 2026 | ₹224.50 | +108.0% |

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (561 weekly closes from 1 April 2016 to 3 November 2026.)

## What is the latest news on Indo Count Industries? 3 Nov 2026: Indo Count Industries closed at ₹466.85, up 18.4% on the week and up 5.1% on the month. 28 Sep 2026: Indo Count Industries held its results call for April to June 2026. Management guided: FY27 top line ₹5,500 crore, including new-business revenue ₹1,500 crore, and consolidated operating margin 13%. ### Earlier

- 17 Aug 2026: ex-date for a dividend of ₹1.50 a share. - Results for April to June 2026: Revenue up 25.9% and profit up 61.5% on a year earlier. ## What dividend does Indo Count Industries pay? Indo Count Industries paid ₹1.50 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.32% at the ₹466.85 close on 3 November 2026. The last was a dividend of ₹1.50 a share, ex-date 17 August 2026. ### Indo Count Industries dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 17 Aug 2026 | ₹1.50 | Dividend | same day |
| 11 Aug 2025 | ₹2 | Dividend | same day |
| 24 Jul 2024 | ₹2.20 | Dividend | n/a |
| 11 Aug 2023 | ₹2 | Dividend | n/a |
| 19 Sep 2022 | ₹2 | Dividend | 20 Sep 2022 |
| 26 Aug 2021 | ₹1.50 | Dividend | 27 Aug 2021 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Indo Count Industries Ltd paid out 23% of its profit as dividends in FY26, and it paid a dividend in 11 of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Indo Count Industries management say on the latest results call? On the call for April to June 2026, held on 28 September 2026, Indo Count Industries' management guided: FY27 top line ₹5,500 crore, including new-business revenue ₹1,500 crore, and consolidated operating margin 13%. > “We do not need any growth capex; we will have some normal maintenance capex over the next 2-3 years. - Manish Bhatia”
> CFO, on the call for April to June 2026

### What management guided

- FY27 production 105-110 million meters. - CY28 consolidated revenue ₹8,000 crore, production 140-145 million meters and 90-95% utilisation. - CY28 new-business revenue US$275 million, split US$175 million utility and US$100 million brands. - CY28 operating margin 15% for core and utility, 16-17% for brands. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/2207-28-Sep-2026.pdf). (From the call for April to June 2026, 28 September 2026.)

## What to watch in Indo Count Industries' next results? When Indo Count Industries reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Core meter volumes and realization to improve together, with price normalization converting into profitability. - What to check (from the call)
- Core meter volumes and realization to improve together, with price normalization converting into profitability. - FTA inquiries and customer visits to convert into UK and broader non-US orders after the stated lag. - New-business scale to show improving utility and brand contribution without further growth capital spending. - Bhilad insurance assessment to quantify losses while normal production and the no-major-impact stance persist. ## Which stock lists is Indo Count Industries on? Indo Count Industries is on one of our India lists: Momentum stocks. [Momentum stocks Market cap cr: 9096.65415064465](https://www.sectoralpha.in/momentum-stocks-india)

## Is Indo Count Industries profitable? Indo Count Industries Ltd earned ₹63.0 Cr of net profit in the Jun 2026 quarter, +61.5% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹127 Cr. Over 10 years profit has grown −6.6% a year on average. That is 5.2% of the quarter's revenue. The same quarter a year earlier earned ₹39.0 Cr. For the full year, FY26 profit was ₹127 Cr (−49.2% on the year before). Why profit moved: revenue changed +25.9% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed −10.4% and revenue +6.0%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Indo Count Industries make, and is it growing? Indo Count Industries Ltd reported ₹1,207 Cr of revenue in the Jun 2026 quarter, +25.9% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 10 years it has grown 7.2% a year on average. The last full year, FY26, came in at ₹4,141 Cr. The last four reported quarters add to ₹4,390 Cr. FY26 revenue was ₹4,141 Cr, −0.2% on the year before. Recent pace: the last four quarters grew +6.0% on average, against 7.2% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +5.3%, against +8.1% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −28.9%, against −33.8% a year (accelerating). ## How much of every ₹100 of sales does Indo Count Industries keep? Indo Count Industries Ltd's operating margin was 12.0% in the Jun 2026 quarter, about the same as the same quarter a year ago. Across 13 years it has been between 8.0% and 20.0%. The latest quarter is within that range. In the latest quarter it moved +0.0 percentage points on the same quarter a year ago. Why the margin moved: operating margin changed +0.3 percentage points on the year while gross margin changed +1.7 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Indo Count Industries' profit turning into cash? Over the last 3 years, 156% of Indo Count Industries Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹573 Cr of operating cash against ₹127 Cr of profit. After ₹303 Cr of spending on assets, ₹270 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 156% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle. What to look at next: the bigger use of cash is spending on new assets, at 3.2× depreciation over three years. The next section checks what that spending is building. ## Where does Indo Count Industries' cash go? Indo Count Industries Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 215 days in FY26, up from 214 days in FY21. It spent ₹1,154 Cr on assets over the last 3 years. Customers take 45 days to pay, and stock sits for 241 days on average. At FY26 sales of ₹4,141 Cr, each day of that cycle ties up about ₹11.3 Cr, so roughly ₹2,439 Cr is tied up in the business at any time. FY26: customers took 45 days to pay and stock sat for 241 days, about 7.9 months of sales sitting as stock, for a full cycle of 215 days, longer than FY21's 214. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 241 days. Customers pay about 45 days after that. Suppliers are paid at 72 days. Together that makes the 215-day cycle. Spending on assets: ₹1,154 Cr over the last 3 years, against ₹358 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹5.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Indo Count Industries' P/E ratio, and how does it compare with its own history? Indo Count Industries Ltd's P/E is 61.3×, about the highest it has ever been. Its usual P/E (the middle reading) is 13.5×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −49.3% while the price moved +64.7%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +13.5% a year; about −15.7% a year came from earnings growth and about +29.2 percentage points from the multiple (the market paying more); over 10 years the price moved +11.9% a year; about −5.0% a year came from earnings growth and about +16.9 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Indo Count Industries business getting better or worse? Indo Count Industries Ltd's business is getting worse. Profit and EPS growth are shrinking: profit growth is −28.9% in the latest quarter, against +27.7% at its best in 12 quarters, with ROCE steady at 11.2%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does Indo Count Industries earn on its capital? Indo Count Industries Ltd earned a ROCE of 8% in FY26. Its return on capital used (ROIC) is 6.2 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 3.1% net margin and 0.92× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 3.1% net margin × 0.92× asset turnover × 1.91× leverage (assets divided by equity) ≈ 5.4% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 5.8% − 12.0% = −6.2 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Indo Count Industries have too much debt? Indo Count Industries Ltd has total debt of ₹1,342 Cr against shareholder equity of ₹2,355 Cr as of Jun 2026, so its debt is 0.57× its equity. Year by year, that ratio went from 0.83 in FY22 to 0.57 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Indo Count Industries shareholding pattern? Domestic institutions raised their stake in Indo Count Industries Ltd by 2.4 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 6.1% of the company. Promoters moved +0.0 points over the same period, to 58.7%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +2.4 points over 8 quarters, to 6.1%; Promoters: +0.0 points over 8 quarters, to 58.7%; Foreign institutions: +0.0 points over 8 quarters, to 10.7%. Why the owners changed: domestic institutions drove it (+2.4 points). They raised their stake step by step. ## How far is Indo Count Industries from balance-sheet trouble? For Indo Count Industries Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Indo Count Industries rank in its industry? 53.7 out of 100, rank 2 of 5 in Textiles - Home Textile, with 96% of the evidence available. Indo Count Industries Ltd scores 53.7 out of 100 against the 5 companies it is compared with in Textiles - Home Textile, ranking 2. Relative strength against the index is 38.5%, and revenue and profit growth are weak. The four parts add up to the total exactly: 15.1 + 10 + 10.4 + 18.2 = 53.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Indo Count Industries compared with? Indo Count Industries ranks 2 of 5 Textiles - Home Textile companies on the 4-Factor Sector Score, with 53.7 out of 100. 1. [Welspun Living Ltd](https://www.sectoralpha.in/stocks/welspun-living-ltd) WELSPUNLIV · leader · Evidence leans up · 82% evidence 54.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.5/35 · Revenue 5% · Profit 22.8% · Operating margin change 6 points · 95% evidence Capital efficiency 7.7/25 · ROCE 6.3% · Operating margin 12% · 76% evidence Valuation 5.8/20 · P/E 47.1× · PEG n/a · 50% evidence Relative strength 20.0/20 · Lead over its industry 45.2% · Lead over NIFTY 500 49.1% · 1 year 69.1% · 100% evidence · 12 of 12 weeks ahead Exact sum: 20.5 + 7.7 + 5.8 + 20 = 54 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. Indo Count Industries Ltd this page ICIL · leader · Evidence leans up · 96% evidence 53.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.1/35 · Revenue 5.3% · Profit -28.9% · Operating margin change 0 points · 88% evidence Capital efficiency 10.0/25 · ROCE 8.2% · Operating margin 12% · 100% evidence Valuation 10.4/20 · P/E 58× · PEG 0.89 · 100% evidence Relative strength 18.2/20 · Lead over its industry 35.2% · Lead over NIFTY 500 38.5% · 1 year 56.2% · 100% evidence · 12 of 12 weeks ahead Exact sum: 15.1 + 10 + 10.4 + 18.2 = 53.7 · What this means: Relative strength against the index is 38.5%, and revenue and profit growth are weak. 3. [Trident Ltd](https://www.sectoralpha.in/stocks/trident-ltd) TRIDENT · basing · Evidence leans down · 96% evidence 49.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.5/35 · Revenue -2.5% · Profit -9.4% · Operating margin change 0 points · 88% evidence Capital efficiency 14.4/25 · ROCE 9.8% · Operating margin 17% · 100% evidence Valuation 16.4/20 · P/E 27.3× · PEG 0.81 · 100% evidence Relative strength 1.5/20 · Lead over its industry -14.8% · Lead over NIFTY 500 -11.6% · 1 year -26.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 17.5 + 14.4 + 16.4 + 1.5 = 49.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Himatsingka Seide Ltd](https://www.sectoralpha.in/stocks/himatsingka-seide-ltd) HIMATSEIDE · quiet · Evidence leans down · 81% evidence 49.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.8/35 · Revenue -8.2% · Profit -15.6% · Operating margin change -4.2 points · 88% evidence Capital efficiency 10.1/25 · ROCE 8.8% · Operating margin 14.2% · 100% evidence Valuation 19.1/20 · P/E 12.2× · PEG 0.13 · 100% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -35.5% · 1 year -55.7% · 25% evidence · 0 of 12 weeks ahead Exact sum: 12.8 + 10.1 + 19.1 + 7.5 = 49.5 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 5. [Faze Three Ltd](https://www.sectoralpha.in/stocks/faze-three-ltd) FAZE3Q · quiet · Evidence leans down · 81% evidence 43.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.8/35 · Revenue 24.9% · Profit -34.1% · Operating margin change -2.3 points · 88% evidence Capital efficiency 10.7/25 · ROCE 10.1% · Operating margin 9.3% · 100% evidence Valuation 11.6/20 · P/E 34.6× · PEG 1.19 · 100% evidence Relative strength 9.1/20 · Lead over its industry n/a · Lead over NIFTY 500 -6.2% · 1 year -12.1% · 25% evidence · 0 of 12 weeks ahead Exact sum: 11.8 + 10.7 + 11.6 + 9.1 = 43.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Textiles - Home Textile](https://www.sectoralpha.in/sectors/textiles-home-textile), all 5 compared on one page. ## Which companies are close to Indo Count Industries in size? Indo Count Industries is the 3rd largest of 5 Textiles - Home Textile companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Welspun Living and Trident. Just below it: Faze Three and Himatsingka Seide. ### Textiles - Home Textile companies close in size

1. [Welspun Living Ltd](https://www.sectoralpha.in/stocks/welspun-living-ltd) ₹20,698 crore
2. [Trident Ltd](https://www.sectoralpha.in/stocks/trident-ltd) ₹10,788 crore
3. Indo Count Industries Ltd ₹8,756 crore
4. [Faze Three Ltd](https://www.sectoralpha.in/stocks/faze-three-ltd) ₹1,053 crore
5. [Himatsingka Seide Ltd](https://www.sectoralpha.in/stocks/himatsingka-seide-ltd) ₹684 crore

[All 5 Textiles - Home Textile companies, largest first](https://www.sectoralpha.in/sectors/textiles-home-textile#all-companies)

### Companies close in size in other industries

1. [Titagarh Rail Systems Ltd](https://www.sectoralpha.in/stocks/titagarh-rail-systems-ltd) ₹8,810 crore · Railways
2. [KEC International Ltd](https://www.sectoralpha.in/stocks/kec-international-ltd) ₹8,775 crore · Power - Transmission/Equipment
3. Indo Count Industries Ltd ₹8,756 crore
4. [Healthcare Global Enterprises Ltd](https://www.sectoralpha.in/stocks/healthcare-global-enterprises-ltd) ₹8,742 crore · Hospitals
5. [Jaiprakash Power Ventures Ltd](https://www.sectoralpha.in/stocks/jaiprakash-power-ventures-ltd) ₹8,718 crore · Power - Generation/Distribution

## What else do people ask about Indo Count Industries? ### What is Indo Count Industries's share price today? Indo Count Industries Ltd's share price is ₹466.85, +64.7% over the past year. The whole company is worth ₹9,248 Cr on the market. It is at its highest price of the past 52 weeks (range ₹225 to ₹467), 25.2% above its 200-day average. The price has been rising for 22 weeks (as of 3 November 2026). ### What were Indo Count Industries's latest quarterly results? Indo Count Industries Ltd reported revenue of ₹1,207 Cr and net profit of ₹63.0 Cr for the Jun 2026 quarter. Revenue rose 25.9% and profit rose 61.5% compared with a year earlier. Earnings per share were ₹3.19. The operating margin was 12.0%, 0.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Indo Count Industries's market cap? Indo Count Industries Ltd's market capitalisation is ₹9,248 Cr at a share price of ₹466.85. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Indo Count Industries performing? Indo Count Industries Ltd's share price has been rising for 22 weeks. In its latest quarter, revenue rose 25.9% and profit rose 61.5% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 37 weeks running (as of 3 November 2026). ### Will Indo Count Industries's share price go up? This page does not forecast Indo Count Industries Ltd's share price. What it shows instead: the share price is ₹466.85, and it has been rising for 22 weeks. Its P/E of 61.3× is higher than 98% of its own last 11 years (as of 3 November 2026). ### Who owns Indo Count Industries? Promoters own 58.7% of Indo Count Industries Ltd, foreign institutions 10.7%, domestic institutions 6.1% and the public 24.5% (latest quarter). The biggest change over the last two years: Domestic institutions raised their stake by 2.4 percentage points over 8 quarters (as of 3 November 2026). ### Does Indo Count Industries have too much debt? Indo Count Industries Ltd has a moderate amount of debt: its debt is 0.57× its equity, and its operating profit is 3 times its interest bill. FY26 borrowings were ₹1,342 Cr against equity of ₹2,356 Cr. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is Indo Count Industries in its business cycle? Indo Count Industries Ltd's FY26 operating margin was 10.0%, against a 13-year range of 8.0% to 20.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 12.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Indo Count Industries story? The main question: the share price moved +64.7% in a year while yearly earnings per share moved −49.3%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Indo Count Industries a stock worth studying right now? What the numbers show: Indo Count Industries Ltd's share price has risen faster than its earnings: +64.7% in a year, against −49.3% for earnings per share. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Indo Count Industries share price forecast for 2026? What management itself guided: FY27 top line ₹5,500 crore, including new-business revenue ₹1,500 crore, and consolidated operating margin 13%. ## Lists

- Momentum stocks: https://www.sectoralpha.in/momentum-stocks-india

This is research, not advice. We’re not SEBI-registered.