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Indo Count Industries Limited manufactures and sells home textile products in India. The last earnings update was 290 days ago. More info.
7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
---|---|---|---|---|---|---|
Indo Count Industries (ICIL) | -17.4% | -39.9% | -47% | -68.8% | -82.1% | 307.6% |
IN Luxury | -2.1% | -1.1% | -3.2% | -8.5% | 49.4% | 189.7% |
IN Market | -2.4% | -4.1% | -4% | -9% | 41.6% | 79.8% |
Below are the data sources, inputs and calculation used to determine the intrinsic value for Indo Count Industries.
Data Point | Source | Value |
---|---|---|
Valuation Model | 2 Stage Free Cash Flow to Equity | |
Levered Free Cash Flow | Average of 4 Analyst Estimates (S&P Global) | See below |
Discount Rate (Cost of Equity) | See below | 13.5% |
Perpetual Growth Rate | 10-Year IN Government Bond Rate | 7.6% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
Data Point | Calculation/ Source | Result |
---|---|---|
Risk-Free Rate | 10-Year IN Govt Bond Rate | 7.6% |
Equity Risk Premium | S&P Global | 7.5% |
Luxury Unlevered Beta | Simply Wall St/ S&P Global | 0.57 |
Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.574 (1 + (1- 35%) (60.79%)) |
0.801 |
Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.8 |
Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.801 * 7.45%) |
13.52% |
Discounted Cash Flow Calculation for NSEI:ICIL using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Indo Count Industries is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.
2019 | 2020 | 2021 | 2022 | 2023 | |
Levered FCF (INR, Millions) | 692.50 | -374.00 | 267.00 | 292.24 | 319.87 |
Source | Analyst x2 | Analyst x2 | Analyst x1 | Est @ 9.45% | Est @ 9.45% |
Present Value Discounted (@ 13.52%) |
610.04 | -290.24 | 182.53 | 176.00 | 169.70 |
Present value of next 5 years cash flows | ₹848.04 |
Calculation | Result | |
---|---|---|
Terminal Value |
= FCF2023
× (1 + g) ÷ (Discount Rate – g)
= ₹319.87 × (1 + 7.55%) ÷ (13.52% – 7.55%) |
₹5,766.03 |
Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)5
= ₹5,766.03 ÷ (1 + 13.52%)5 |
₹3,059.04 |
Calculation | Result | |
---|---|---|
Total Equity Value |
= Present value of next 5 years cash flows +
Terminal Value
= ₹848.04 + ₹3,059.04 |
₹3,907.08 |
Equity Value per Share (INR) |
= Total value / Shares Outstanding
= ₹3,907.08 / 197.40 |
₹20.56 |
Calculation | Result | |
---|---|---|
Non-primary Listing Adjustment Factor |
1 share in NSEI:ICIL
represents 1.03896x
of
BSE:521016
(This could be a different class, a depositary receipt, a different currency, or all of these things.) |
1.03896x |
Value per Share (Listing Adjusted, INR) |
= Value per Share (INR) x Listing Adjustment Factor
= ₹ 19.79 x 1.03896 |
₹20.56 |
Value per share (INR) | From above. | ₹20.56 |
Current discount | Discount to share price of
₹32.00
= -1 x (₹32.00 - ₹20.56) / ₹20.56 |
-55.6% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Data Point | Source | Value |
---|---|---|
Earnings Per Share * | Company Filings (2018-03-31) in INR | ₹6.38 |
BSE:521016 Share Price ** | BSE (2019-02-15) in INR | ₹30.8 |
India Luxury Industry PE Ratio | Median Figure of 238 Publicly-Listed Luxury Companies | 11.72x |
India Market PE Ratio | Median Figure of 2,718 Publicly-Listed Companies | 15.15x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Indo Count Industries.
Calculation | Outcome | |
---|---|---|
PE Ratio | = BSE:521016 Share Price ÷ EPS (both in INR) = 30.8 ÷ 6.38 |
4.82x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
Data Point | Source | Value |
---|---|---|
PE Ratio | See PE Ratio Section | 4.82x |
Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts |
6.1%per year |
India Luxury Industry PEG Ratio | Median Figure of 27 Publicly-Listed Luxury Companies | 1.11x |
India Market PEG Ratio | Median Figure of 606 Publicly-Listed Companies | 1.1x |
*Line of best fit is calculated by linear regression .
Calculation | Outcome | |
---|---|---|
PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 4.82x ÷ 6.1% |
0.79x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
Data Point | Source | Value |
---|---|---|
Book Value per Share | Company Filings (2018-03-31) in INR | ₹48.45 |
BSE:521016 Share Price * | BSE (2019-02-15) in INR | ₹30.8 |
India Luxury Industry PB Ratio | Median Figure of 307 Publicly-Listed Luxury Companies | 0.7x |
India Market PB Ratio | Median Figure of 3,587 Publicly-Listed Companies | 1.04x |
Calculation | Outcome | |
---|---|---|
PB Ratio | = BSE:521016 Share Price ÷ Book Value per Share (both in INR) = 30.8 ÷ 48.45 |
0.64x |
* Primary Listing of Indo Count Industries.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
Data Point | Source | Value (per year) |
---|---|---|
NSEI:ICIL Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts | 6.1% |
NSEI:ICIL Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts | 8.6% |
India Luxury Industry Earnings Growth Rate | Market Cap Weighted Average | 18.4% |
India Luxury Industry Revenue Growth Rate | Market Cap Weighted Average | 15% |
India Market Earnings Growth Rate | Market Cap Weighted Average | 18.5% |
India Market Revenue Growth Rate | Market Cap Weighted Average | 11.7% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Data Point | Source | Value |
---|---|---|
Past Financials | Company Filings (10 months ago) | See Below |
Future Estimates | Average of up to 4 Analyst Estimates (S&P Global) | See Below |
Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
---|---|---|---|---|
2021-03-31 | 24,422 | 967 | 1,499 | 2 |
2020-03-31 | 22,051 | 1,688 | 1,266 | 3 |
2019-03-31 | 20,800 | 1,696 | 1,092 | 3 |
Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * |
---|---|---|---|
2018-03-31 | 18,585 | 423 | 1,260 |
2017-03-31 | 21,528 | 2,159 | 2,322 |
2016-03-31 | 20,627 | 1,528 | 2,514 |
*GAAP earnings excluding extraordinary items.
Data Point | Source | Value |
---|---|---|
Past Financials | Company Filings (10 months ago) | See Below |
Future Estimates | Average of up to 4 Analyst Estimates (S&P Global) | See Below |
All data from Indo Count Industries Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
Date (Data in INR Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
---|---|---|---|---|
2021-03-31 | 7.05 | 7.10 | 7.00 | 2.00 |
2020-03-31 | 6.15 | 7.06 | 5.60 | 3.00 |
2019-03-31 | 4.94 | 6.03 | 4.30 | 3.00 |
Date (Data in INR Millions) | EPS * |
---|---|
2018-03-31 | 6.38 |
2017-03-31 | 11.76 |
2016-03-31 | 12.74 |
*GAAP earnings excluding extraordinary items.
How has Indo Count Industries performed over the past 5 years?
All data from Indo Count Industries Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
Date (Data in INR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
---|---|---|---|---|
2018-03-31 | 18,585.16 | 1,260.39 | 1,330.91 | |
2017-03-31 | 21,528.18 | 2,322.39 | 1,310.44 | |
2016-03-31 | 20,626.96 | 2,513.93 | 1,103.84 | |
2015-03-31 | 17,168.92 | 1,455.42 | 874.61 | |
2014-03-31 | 14,676.31 | 1,098.42 | 1,534.79 | |
2013-03-31 | 11,867.78 | 292.16 | 1,205.91 | |
2012-03-31 | 7,797.13 | -21.82 | 688.28 |
*GAAP earnings excluding extraordinary items.
How is Indo Count Industries's financial health and their level of debt?
All data from Indo Count Industries Company Filings, last reported 10 months ago.
Date (Data in INR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
---|---|---|---|
2018-03-31 | 9,637.71 | 3,839.82 | 180.74 |
2017-03-31 | 8,543.34 | 3,108.61 | 134.52 |
2016-03-31 | 6,387.16 | 4,092.11 | 398.41 |
2015-03-31 | 4,295.40 | 3,832.89 | 508.07 |
2014-03-31 | 2,971.19 | 4,340.72 | 313.30 |
2013-03-31 | 1,969.31 | 4,109.88 | 86.12 |
2012-03-31 | 1,800.23 | 3,553.82 | 71.41 |
What is Indo Count Industries's current dividend yield, its reliability and sustainability?
Data Point | Source | Value |
---|---|---|
Past Annualized Dividend Yield | S&P Global Market Data | See Below |
Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
Future Dividends per Share Estimates | Average of up to 4 Analyst Estimates (S&P Global) | See Below |
India Luxury Industry Average Dividend Yield | Market Cap Weighted Average of 109 Stocks | 0.7% |
India Market Average Dividend Yield | Market Cap Weighted Average of 1397 Stocks | 1.4% |
India Minimum Threshold Dividend Yield | 10th Percentile | 0.3% |
India Bottom 25% Dividend Yield | 25th Percentile | 0.6% |
India Top 25% Dividend Yield | 75th Percentile | 2.1% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
Date (Data in ₹) | Dividend per Share (annual) | Avg. No. Analysts |
---|---|---|
2021-03-31 | 0.40 | 1.00 |
2020-03-31 | 0.70 | 3.00 |
2019-03-31 | 0.67 | 3.00 |
Date (Data in ₹) | Dividend per share (annual) | Avg. Yield (%) |
---|---|---|
2018-08-14 | 0.800 | 1.354 |
2018-02-14 | 0.800 | 0.965 |
2017-05-15 | 0.800 | 0.627 |
2017-02-13 | 0.800 | 0.431 |
2016-07-04 | 0.400 | 0.244 |
2015-10-26 | 0.400 | 0.205 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
Mr. Kailash Ramniwas Lalpuria has been Whole-Time Director of Indo Count Industries Ltd., since May 4, 2018 and its Chief Executive Officer since February 8, 2019. Mr. Lalpuria was a Group President of Indo Count Industries Ltd., since November 13, 2017. He served as an Executive Director at Indo Count Industries Ltd. from November 11, 2010 to November 13, 2017. A qualified Chartered Accountant, Mr. Lalpuria is a Science graduate from st. Xavier's College in Mumbai and has more than 35 years of experience in the Textile Sector. His expertise includes Strategic Growth of Organization, Planning Joint Ventures, Developing Overseas Sales Team, Contribution in overall Value Chain, New Areas of Business Development, Commercial Aspects of Export Business, Sales & Marketing and Customer Relationship Management. He has the entrepreneur skills to conceptualize business and establish it as a successful enterprise. He is also Director of Confederation of Indian Industry (CII) and on committees of TEXPROCIL and FICCI.
Average tenure and age of the Indo Count Industries board of directors in years:
Indo Count Industries Limited (NSE:ICIL) has paid a dividend to shareholders in the last few years. … Does Indo Count Industries tick all the boxes of a great dividend stock? … View our latest analysis for Indo Count Industries
Simply Wall St - – Full articleIn particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Return On Capital Employed (ROCE): What is it? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.
Simply Wall St - – Full articleEvery investor in Indo Count Industries Limited (NSE:ICIL) should be aware of the most powerful shareholder groups. … Indo Count Industries is not a large company by global standards. … See our latest analysis for Indo Count Industries
Simply Wall St - – Full articleIndo Count Industries Limited (NSE:ICIL) is currently trading at a trailing P/E of 12.7x, which is lower than the industry average of 16.3x. … Although some investors may jump to the conclusion that this is a great buying opportunity, understanding the assumptions behind the P/E ratio might change your mind. … See our latest analysis for Indo Count Industries
Simply Wall St - – Full articleIn this analysis, my focus will be on developing a perspective on Indo Count Industries Limited’s (NSE:ICIL) latest ownership structure, a less discussed, but important factor. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … See our latest analysis for Indo Count Industries
Simply Wall St - – Full articleHow far off is Indo Count Industries Limited (NSE:ICIL) from its intrinsic value? … by taking the foreast future cash flows of the company and discounting them back to today's value. … If you are reading this and its not July 2018 then I highly recommend you check out the latest calculation for Indo Count Industries by following the link below.
Simply Wall St - – Full articleI am writing today to help inform people who are new to the stock market. … and want to begin learning the link between Indo Count Industries Limited (NSE:ICIL)’s return fundamentals and stock market performance. … Indo Count Industries Limited (NSE:ICIL) delivered an ROE of 13.00% over the past 12 months, which is an impressive feat relative to its industry average of 7.44% during the same period.
Simply Wall St - – Full articleIndo Count Industries Limited (NSE:ICIL) is a stock with outstanding fundamental characteristics. … When we build an investment case, we need to look at the stock with a holistic perspective. … In the case of ICIL, it.
Simply Wall St - – Full articleWith top line and bottom line expected to decline going forward, risk exists around the sustainability of its current operations. … ICIL has managed its cash well at a current level of ₹231.30M. … However, comparing ICIL's current share price to its peers based on its industry and earnings level, it's undervalued by 134.77%, with a PE ratio of 7.95x vs.
Simply Wall St - – Full articleWell, let’s take a look at whether it is solely because of industry tailwinds, or if Indo Count Industries has experienced some company-specific growth. … This suggests that whatever recent headwind the industry is enduring, it’s hitting Indo Count Industries harder than its peers.What does this mean? … Though Indo Count Industries's past data is helpful, it is only one aspect of my investment thesis.
Simply Wall St - – Full article
Indo Count Industries Limited manufactures and sells home textile products in India. It offers bed sheets, including flat sheets, fitted sheets, and pillow cases; fashion bedding products, such as comforters, bed sheets, shams, quilts, coverlets, and decorative pillows; utility bedding products comprising mattress pads and protectors, and pillow shells; and institutional bedding products, which include basic white sheets, shams and pillows, bed skirts, and duvet covers. The company also produces cotton yarns, as well as provides bed linens. In addition, it operates showrooms in the United Kingdom, the United States, and Australia. The company sells its products primarily under the Harlequin, Scion, Sanderson, Boutique Living, Revival, The Pure Collection, Heirlooms of India, Boutique Living Coastal, Atlas, Morris & Co., and Haven brands through multi brand outlets, large format stores, merchants, importers, and e-commerce platform. It exports its products to approximately 54 countries. The company was incorporated in 1988 and is headquartered in Mumbai, India.
Name: | Indo Count Industries Limited |
ICIL | |
Exchange: | NSEI |
Founded: | 1988 |
₹6,316,789,440 | |
197,399,670 | |
Website: | http://www.indocount.com |
Address: |
Indo Count Industries Limited 301, Arcadia, 3rd Floor, Mumbai, Maharashtra, 400021, India |
Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
---|---|---|---|---|---|---|---|
BSE | 521016 | Equity Shares | Mumbai Stock Exchange | IN | INR | 31. Aug 1995 | |
NSEI | ICIL | Equity Shares | National Stock Exchange of India | IN | INR | 31. Aug 1995 |
Textiles | |
Consumer Durables |
Area | Date (UTC time) |
---|---|
Company Analysis updated: | 2019/02/18 12:54 |
End of day share price update: | 2019/02/15 00:00 |
Last estimates confirmation: | 2019/02/08 |
Last earnings filing: | 2018/05/04 |
Last earnings reported: | 2018/03/31 |
Last annual earnings reported: | 2018/03/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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 here.