Indo Count Industries Limited

BSE:521016 Stock Report

Market Cap: ₹78.8b

Indo Count Industries Dividends and Buybacks

Dividend criteria checks 4/6

Indo Count Industries is a dividend paying company with a current yield of 0.38% that is well covered by earnings.

Key information

0.4%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield0.9%
Dividend Growth13.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio23%

Recent dividend and buyback updates

Recent updates

Narrative Update Jul 22

521016: Future Returns Will Reflect Higher Payouts And Improved Earnings Multiple

The analyst price target for Indo Count Industries has been revised from ₹376 to ₹457.40, with analysts pointing to updated assumptions around revenue growth, profit margins and future P/E expectations as key drivers of the change. What's in the News Indo Count Industries has scheduled a board meeting on May 30, 2026, to consider and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.
New Narrative Jul 07

Ramp Up Risks And Heavy U.S. Reliance Will Pressure Future Margins

Catalysts About Indo Count Industries Indo Count Industries is a home textile manufacturer with a focus on bed linen and utility bedding, serving large global retailers and brands. What are the underlying business or industry changes driving this perspective?
Narrative Update Jul 07

521016: Higher Future Earnings Multiple And Dividend Plans Will Support Upside

Indo Count Industries' analyst price target has been revised from ₹418 to ₹558 as analysts factor in updated assumptions on the discount rate, revenue growth, profit margin and future P/E for the stock. What’s in the News for Indo Count Industries A board meeting is scheduled for May 30, 2026 to consider and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, and to consider recommending a final dividend on equity shares, subject to shareholder approval at the upcoming AGM.
New Narrative Jun 23

Branded And Utility Bedding Expansion Will Shape A Stronger Long Term Outlook

Catalysts About Indo Count Industries Indo Count Industries is a home textiles manufacturer focused on bed linen, fashion bedding and utility bedding for large global retailers and brands. What are the underlying business or industry changes driving this perspective?
Narrative Update Jun 23

521016: Future Returns Will Reflect Dividend Payout And Stable Earnings Expectations

Analysts have kept the fair value estimate for Indo Count Industries steady at ₹376, reflecting slightly adjusted assumptions on discount rate, revenue growth, profit margin and future P/E that together support a broadly unchanged price target. What's in the News for Indo Count Industries A board meeting was held on May 30, 2026 to consider and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, and to consider recommending a final dividend on equity shares, subject to shareholder approval.
Narrative Update Jun 05

521016: Future Returns Will Reflect Dividend Payout And Strengthening Fundamentals

Analysts have lifted their price target on Indo Count Industries from ₹353 to ₹376, citing updated assumptions around higher revenue growth, slightly stronger profit margins, a marginally lower discount rate, and a modestly lower future P/E multiple. What's in the News The board of Indo Count Industries met on May 30, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.
Narrative Update Apr 29

521016: Future Returns Will Reflect CEO Exit And Upcoming Earnings Results

Analysts have kept their fair value estimate for Indo Count Industries broadly unchanged at about ₹353 per share, reflecting only minor adjustments in discount rate, revenue growth, profit margin and future P/E assumptions in their latest price target update. What's in the News Indo Count Industries reported that Executive Director & CEO, Mr. Kailash R.
Narrative Update Apr 15

521016: Future Returns Will Reflect CEO Vacancy Resolution And Upcoming Earnings Results

Analysts have adjusted their price target for Indo Count Industries slightly lower from ₹361 to about ₹353, citing updated views on the discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Executive Director & CEO, Mr. Kailash R.
Narrative Update Apr 01

521016: Future Returns Will Reflect CEO Office Vacancy And Upcoming Results

Analysts have kept Indo Count Industries' fair value steady at ₹361, with only minor adjustments to the discount rate, revenue growth, profit margin and forward P/E assumptions resulting in an unchanged price target. What's in the News The office of Executive Director & CEO Mr. Kailash R.
Narrative Update Mar 17

521016: Future Returns Will Reflect CEO Vacancy Trigger And Imminent Results Update

Analysts have maintained their fair value estimate for Indo Count Industries at ₹361, reflecting only very small adjustments to assumptions around discount rate, revenue, profit margin and future P/E that do not materially change their overall price target view. What's in the News Executive Director & CEO Mr. Kailash R.
Narrative Update Mar 03

521016: Future Returns Will Reflect CEO Board Change And Upcoming Results Review

Analysts have nudged their price target for Indo Count Industries up from ₹344.33 to ₹361.00, citing updated fair value work that reflects revised assumptions around revenue growth, discount rate and future P/E, while profit margin expectations remain broadly steady. What's in the News Prolonged absence of Executive Director & CEO Mr. Kailash R.
Narrative Update Feb 17

521016: Future Returns Will Reflect Measured Assumptions And Upcoming Results Review

Analysts have increased their fair value estimate for Indo Count Industries from about ₹338 to roughly ₹344, reflecting updated assumptions around revenue growth, profit margins, and a slightly lower discount rate, while at the same time applying a more conservative forward P/E multiple. What's in the News Board meeting scheduled for February 13, 2026, to review and approve unaudited standalone financial results for the quarter and nine months ended December 31, 2025.
Narrative Update Feb 02

521016: Future Returns Will Reflect Steady Assumptions And Upcoming Board Meeting

Analysts have slightly adjusted their price target on Indo Count Industries to align with updated assumptions on discount rate and forward P/E, keeping fair value around ₹338 while fine tuning the risk and valuation inputs behind that figure. What's in the News A board meeting is scheduled for November 11, 2025 to review and approve the unaudited standalone financial results for the quarter and half year ended September 30, 2025 (Key Developments).
Narrative Update Jan 19

521016: Future Returns Will Reflect Stable Assumptions And Upcoming Board Review

Analysts have kept their fair value estimate for Indo Count Industries steady at ₹338.00, with only marginal tweaks to assumptions such as discount rate, revenue growth, profit margin, and future P/E feeding into the unchanged price target. What's in the News Board meeting scheduled for November 11, 2025, to review and approve the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (Key Developments).
Narrative Update Jan 05

521016: Future Returns Will Reflect Higher Margins And Repriced Risk Premium

Analysts have raised their price target for Indo Count Industries by ₹5 to ₹338, citing updated assumptions around revenue growth, profit margins, and a lower future P/E multiple as key drivers of the revised valuation. What's in the News A board meeting is scheduled for Nov 11, 2025, to review and approve unaudited standalone financial results for the quarter and half year ended Sep 30, 2025 (Key Developments).
Narrative Update Dec 18

521016: Future Returns Will Reflect Stable Margins And Rising Risk Premium

Analysts have modestly raised their price target on Indo Count Industries to ₹333.0, reflecting slightly higher discount rate assumptions while keeping long term growth and profitability expectations broadly unchanged. What's in the News Indo Count Industries has scheduled a board meeting for November 11, 2025 to consider and approve its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025, and to take up other business matters (Key Developments).
Narrative Update Dec 04

521016: Future Returns Will Reflect Stable Margins And Modest Risk Shift

Analysts have marginally increased their price target for Indo Count Industries to Rs 333.0 from Rs 333, citing a slightly higher required return and modestly richer forward valuation multiples while keeping medium term growth and margin assumptions broadly unchanged. What's in the News Board meeting scheduled for November 11, 2025, to review unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (Key Developments) Management to consider additional business matters alongside the financial review at the November 11, 2025, board meeting (Key Developments) Valuation Changes Fair Value: Maintained effectively flat at ₹333.0, reflecting no meaningful change in the analyst assessed intrinsic value.
Narrative Update Nov 20

521016: Improved Margins And Discount Rate Will Balance Risk And Opportunity

Narrative Update: Analyst Price Target Revision for Indo Count Industries Analysts have raised their fair value estimate for Indo Count Industries from ₹300 to ₹333 per share. They cite modest improvements in projected profit margins and a slightly reduced discount rate as key factors behind the upward revision.
Narrative Update Aug 15

Home Textiles Will Capture Premium Trends And Expand Internationally

A downward revision in Indo Count Industries’ revenue growth and net profit margin forecasts has prompted analysts to lower the consensus price target from ₹352.50 to ₹310.00. What's in the News Board meeting scheduled to consider and approve unaudited Q1 FY26 standalone and consolidated financial results.
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New Narrative Feb 09

Acquisitions Of Fluvitex USA Inc And Modern Home Textiles Will Expand US Market Presence

Indo Count expands into premium and branded segments to boost revenue and margins through product diversification.

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 521016's dividend payments have been volatile in the past 10 years.

Growing Dividend: 521016's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Indo Count Industries Dividend Yield vs Market
How does 521016 dividend yield compare to the market?
SegmentDividend Yield
Company (521016)0.4%
Market Bottom 25% (IN)0.3%
Market Top 25% (IN)1.4%
Industry Average (Luxury)0.6%
Analyst forecast (521016) (up to 3 years)0.9%

Notable Dividend: 521016's dividend (0.38%) is higher than the bottom 25% of dividend payers in the Indian market (0.29%).

High Dividend: 521016's dividend (0.38%) is low compared to the top 25% of dividend payers in the Indian market (1.44%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (23.4%), 521016's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (8%), 521016's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/23 02:38
End of Day Share Price 2026/07/23 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Indo Count Industries Limited is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAsian Markets Securities Private Limited
Gnanasundaram SaminathanAvendus Spark
Vijayaraghavan SwaminathanAvendus Spark