Indo Count Industries Limited has informed the Exchange about General Updates
ICIL · price
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Indo Count reported FY26 total income of Rs. 4,211 Crs, flat YoY (+0.5%), as US tariff volatility (10%→25%→50%→10%) weighed on core business revenue which fell to Rs. 3,419 Crs. EBITDA declined 20% to Rs. 461 Crs with margins compressing to 11% (vs 13.8% in FY25), impacted by tariff sharing, product mix changes, and under-absorption of fixed costs. PAT dropped nearly 50% to Rs. 127 Crs. The company highlighted that no customer or order was lost during the year. New businesses scaled sharply from USD 33 million to USD 90 million, partially offsetting core weakness. The North Carolina greenfield facility (31 mn pillows p.a.) was commissioned in January 2026. For FY27, management targets ~Rs. 5,500 Crs revenue (+31%) and ~13% EBITDA margin, driven by volume growth to 105-110 Mn meters, improved operating leverage, and higher contribution from Utility Bedding and branded segments.
The stock faces pressure from margin compression and near-halving of PAT, but the FY27 guidance (31% revenue growth, margin recovery to ~13%) signals a turnaround, supported by new business scaling and completed US capex. Investors will focus on margin recovery trajectory and new business profitability.