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Indo Count Industries Ltd (ICIL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 521016 NSE: ICIL Textile | Small Cap | Indo Count Inds Share Price

₹325.45 -10.45 (-3.11%)

As on 10-Jun'26 16:59

Indo Count Industries Ltd (ICIL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 521016 NSE: ICIL Textile | Small Cap | Indo Count Inds Share Price

₹325.45 -10.45 (-3.11%)

As on 10-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹6,653 Cr.
Current Price
₹325.5
52-Week Low / High
₹217 / 361
TTM EPS
₹6.4
TTM Sales
₹4,141 Cr.
Book Value per Share
₹118.9
P/E Ratio
52.52
Higher than its 5-year historical median
Industry PE
36.2
Price to Book (P/B)
2.82
Higher than its 5-year historical median
Price to Sales (P/S)
1.61
Higher than its 5-year historical median
EV/EBITDA
16.47
Higher than its 5-year historical median
Dividend Yield
0.79%
Profitability Efficiency
Return on Equity (ROE)
11.27%
Outperforms industry median
Return on Capital Employed (ROCE)
14.06%
Outperforms industry median
Return on Assets (ROA)
6.29%
Operating Profit Margin
12.8%
Net Profit Margin
5.93%
Gross Profit Margin
10.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
16.71%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-5.28%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-27.2%
Asset Quality
Promoter Holding
58.74%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹2,316 Cr.
Equity
₹39.6 Cr.
Face Value
₹2
All Time Low / High
₹0.52 / 450.45

Indo Count Industries stock performance

Key Ratios
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Quality

Very Good
Check detailed performance

Valuation

Overvalued

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Price Trend

Strong
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Q.1 Is Indo Count Industries Ltd a good quality company?
Indo Count Industries Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

View More

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

View More
How does Indo Count Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Indo Count Industries Ltd vs industry peers?
Indo Count Industries Ltd revenue CAGR is 14.82%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Indo Count Industries Ltd?
Promoters hold 58.74% of the Indo Count Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Indo Count Industries Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 5.4% based on the current price.
View More

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Indo Count Industries Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation ⓘ

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % ⓘ49.9%36.2%18.4%9.9%7.3%23.1%22.5%15.2%18.5%14.1%-
Value Creation
Index ⓘ		2.61.60.3-0.3-0.50.70.60.10.40.0-

Growth Parameters ⓘ
Sales ⓘ2,0632,1531,8591,9342,0802,5192,8423,0123,5574,1514,141
Sales YoY Gr.-4.4%-13.7%4.1%7.5%21.1%12.8%6%18.1%16.7%-
Adj EPS ⓘ11.88.43.24.15.812.214.713.516.311.76.4
YoY Gr.--28.6%-62.2%28%42.5%110.2%20.4%-8%20.9%-28.6%-
BVPS (₹) ⓘ31.942.948.449.449.965.180.690.5105.5115118.9
Adj Net
Profit ⓘ		23316662.780.4114241290267323231127
Cash Flow from Ops. ⓘ15321642.3215140-19.7-37.1755146394-
Debt/CF from Ops. ⓘ2.71.49.11.62.5-29.1-35.11.16.33.1-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ8.1%14.8%13.5%16.7%
Adj EPS ⓘ-0.1%15%-7.4%-28.6%
BVPSⓘ15.3%18.2%12.6%9%
Share Price 5.9% 13.4% 18.4% 16.9%

Key Financial Parameters ⓘ

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity % ⓘ		44.222.578.311.721.220.215.816.710.65.5
Op. Profit
Mgn % ⓘ		20.6158.89.79.215.215.815.115.812.89.4
Net Profit
Mgn % ⓘ		11.87.73.34.15.59.510.28.99.15.63.1
Debt to
Equity ⓘ		0.70.40.40.40.40.50.80.50.40.50.1
Working Cap
Days ⓘ		14615520219316517823722017217397
Cash Conv.
Cycle ⓘ		729812812110611314814111311739

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales2,0632,1531,8591,9342,0802,5192,8423,0123,5574,151
Operating Expenses ⓘ + 1,6461,8311,6961,7781,8972,1432,4082,5572,9983,622
Manufacturing Costs345399403440441548556591783857
Material Costs1,0451,1561,0441,0311,1391,2701,3531,3611,5141,849
Employee Cost 90107117135136135164242283403
Other Costs ⓘ 166169132173181189335363418513
Operating Profit ⓘ 417322163156183377434454559530
Operating Profit Margin (%) 20.2%15.0%8.7%8.1%8.8%15.0%15.3%15.1%15.7%12.8%
Other Income ⓘ + 48109100105538140314444
Exceptional Items ⓘ 0000-98-40000
Interest ⓘ 554235363928476270123
Depreciation ⓘ 303333354343416583117
Profit Before Tax ⓘ 3793551949557340486359450334
Tax ⓘ 1281216936-16901278211288
Profit After Tax 2512341256073249359277338246
PAT Margin (%) 12.2%10.9%6.7%3.1%3.5%9.9%12.6%9.2%9.5%5.9%
Adjusted EPS (₹)12.211.96.43.13.712.718.214.017.112.4
Dividend Payout Ratio (%)3.30%6.70%12.50%19.70%16.10%11.80%11%14.30%12.90%16.10%

Valuation of Indo Count Inds - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 6308469569759861,2851,5911,7932,0892,278
Share Capital ⓘ 39393939393939404040
Reserves ⓘ 5918079179359471,2451,5511,7532,0492,238
Debt +3943043713143295561,2737958551,150
Long Term Debt57214957361985198136270
Short Term Debt3362823222572935371,188596719880
Minority Interest8877760000
Trade Payables130134192144129235165213308231
Others Liabilities ⓘ 229232173185245214233248317601
Total Liabilities ⓘ 1,3921,5241,6991,6251,6962,2963,2623,0483,5694,260

Fixed Assets

Net Fixed Assets ⓘ +4845335435745755616311,1101,3551,890
Gross Block8278989379991,0431,0481,1141,6411,9582,598
Accumulated Depreciation343365394425468487483530603708
CWIP ⓘ 1112241668241833550
Investments ⓘ 0004601672143133135
Inventories4564725915315247181,0688951,1431,163
Trade Receivables243311287255242516494397452592
Cash Equivalents 2919253415040400108103117
Others Assets ⓘ 169177229168199286644211349313
Total Assets ⓘ 1,3921,5241,6991,6251,6962,2963,2623,0483,5694,260

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity ⓘ + 15321642215140-20-37755146394
PBT ⓘ 37935319495155343486359450334
Adjustment ⓘ 78686523-82141102105125216
Changes in Working Capital ⓘ -220-120-16313492-429-484379-331-55
Tax Paid ⓘ -84-86-54-38-26-75-141-88-99-101
Cash Flow From Investing Activity ⓘ + -113-78-52-10116-189-258-474-98-485
Capex -122-85-56-59-33-33-444-339-135-251
Net Investments -0-0-0-4646-166169-14210-0
Others ⓘ 973431017727-234
Cash Flow From Financing Activity ⓘ + -61-14817-106-40185646-574-47105
Net Proceeds from Shares ⓘ 0000000000
Net Proceeds from Borrowing ⓘ -12-36279-21-1766113-50142
Interest Paid ⓘ -55-42-35-36-39-28-46-63-68-120
Dividend Paid ⓘ -4-14-19-10-14-12-30-39-40-44
Others ⓘ 10-5543-6935242656-585110126
Net Cash Flow ⓘ -21-1078116-23352-293114

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)53.1831.7513.96.27.4621.9524.9516.3617.4111.27
ROCE (%)49.9336.2118.359.887.2523.0522.4615.2418.4614.06
Asset Turnover Ratio1.571.481.161.171.281.271.030.981.11.08
PAT to CFO Conversion(x)0.610.920.343.581.92-0.08-0.12.730.431.6
Working Capital Days
Receivable Days32.704758.6050.9042.8054.4064.1052.8042.4045.10
Inventory Days74.3078.70104105.3090.7089.20113.40116.20101.7099.60
Payable Days55.7041.705759.4043.8052.305450.8062.8053.20

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Indo Count Industries Ltd FAQs

The current trading price of Indo Count Inds on 10-Jun-2026 16:59 is ₹325.4.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 09-Jun-2026 the market cap of Indo Count Inds stood at ₹6,652.7 Cr

The latest P/E ratio of Indo Count Inds as of 09-Jun-2026 is 46.00.

The latest P/B ratio of Indo Count Inds as of 09-Jun-2026 is 2.87.

The 52-week high of Indo Count Inds is ₹360.6 and the 52-week low is ₹217.2.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Indo Count Inds is ₹3,098 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Indo Count Industries Ltd is a good quality company.

The key valuation ratios of Indo Count Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Indo Count Industries Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Indo Count Industries Ltd

Indo Count Industries, established in 1988, has lived its vision each year in its decades of journey to feature among the leading home textile players in the world. The company 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 is a specialized end-to-end bedding provider that is solely focused on creating all-encompassing sleep experiences. The company is also the preferred partner for some of the best-known retail, hospitality and fashion brands in the world. The company is fast, agile, and respond to the needs of clients with solutions that make a difference in consumers’ lives. The company has state-of-the-art manufacturing facilities that house cutting-edge technology to produce high-quality, luxurious bed sheets, bed linen, and quilts.

Business area of the company

The company is one of the world’s leading home textile companies. The company offers a wide range of products including bed sheets, bed linen, utility bedding, pillowcases, fashion and institutional bedding, comforters, quilts, and decorative pillows.

Brands

  • Pure Earth
  • Boutique Living
  • Heirlooms of India
  • The Pure Collection
  • Atlas
  • Linen Closet
  • Simply Put

Products

  • Bed Sheets
  • Fashion Bedding
  • Utility Bedding
  • Institutional Bedding
  • Success Story
  • Bedding

Awards

  • 2005-06: Bronze Trophy for Highest Export of Knitted Fabrics by Texprocil
  • 2007-08: Gold Trophy for Highest Export in Other Made-ups by Texprocil
  • 2007-08: Bronze Trophy for Third Highest Export in Made-ups by Texprocil
  • 2008: Plaque for Best Home Vendor by Belk Inc., U.S.A.
  • 2008-09: Bronze Trophy for Third Highest Export in Bed-linen by Texprocil
  • 2008-09: Silver Trophy for Highest Export in Other Made-ups by Texprocil
  • 2010: Trophy for Eminent Exporter for Excellence by I.I.M., New Delhi
  • 2009-10: Gold Trophy Special Achievement in Made-ups by Texprocil
  • 2009-10: Bronze Trophy for Third Highest Export in Cotton Made-ups by Texprocil
  • 2009-10: Trophy for Best Exporter Award by Govt. of Maharashtra
  • 2010-11: Bronze Trophy for Third Highest Export in Cotton Made-ups by Texprocil
  • 2010-11: Bronze Trophy for Third Highest Exporter by Govt. of Maharashtra
  • 2011: Trophy for Outstanding Export Achievement by Citizen Integration Society
  • 2012: Trophy for International Achievers Award by Global Achievers Foundation
  • 2011-12: Bronze Trophy for Third Highest Export in Bed-linen by Texprocil
  • 2011-12: Gold Trophy for Special Achievement in Made-ups by Texprocil
  • 2012-13: Bronze Trophy for Third Highest Export in Bed-linen by Texprocil
  • 2013: Trophy for Asia Pacific Internataional Award by Global Achievers Foundation
  • 2013-14: Gold Trophy for Special Achievement in Made-ups by Texprocil
  • 2013-14: Bronze Trophy for Third Highest Export in Bed-linen by Texprocil
  • 2013-14: Silver Plaque for Second Highest Export of Yarn by Texprocil (awarded to PSML)
  • 2014: Plaque for Udyog Rattan Award by Institute of Economic Studies
  • 2015: Trophy for Export Excellence Award by Fed. of Indian Exporters Orgn.
  • 2014-15: Silver Trophy for Second Highest Exporter in Made-ups by Texprocil
  • 2014-15: Plaque for Best Human Response Award by Rotary Club, Pune
  • 2016: Top 100 Best CEO - 2015 by Business Today
  • 2016: Egyptian Cotton Gold Seal by Cotton Egypt Association
  • 2016: Silver Trophy for Second Highest Exports in Made-Ups (2015-16) by Texprocil
  • 2016: Anil Kumar Jain, Executive Chairman - Best CEO (Textiles & Apparel) Award - 2016 by Business Today
  • 2017: Indo Count – India’s Fastest Growing Companies by BW Business World magazine
  • 2017: Mohit Jain, MD honoured with 'India's Most Trusted CEOs 2017' by World Consulting and Research Corporation (WCRC)
  • 2017: Mohit Jain, Managing Director coveted with 40 under 40 - India’s hottest Young Business Leaders 2017 Award by Economic Times
  • 2017: Gold Trophy for the Highest Exports of Bed Linen/Bed Sheets/Quilts by TEXPROCIL
  • 2018: 'Vasundhara Award'in recognition of Indo Count’s contribution towards the conservation and protection of the environment, energy and natural resources by Maharashtra Pollution Control Board
  • 2018: Best Collaboration in Design and Product Development by Kohl’s
  • 2018: Platinum Certification Status for 2017 in Sheets and TOB category by JC Penney
  • 2018: Anil Kumar Jain, Executive Chairman featured in Top 100 Best CEO - 2017 by Business Today
  • 2019: Enterprenuer of the year Award to Mr. Mohit Jain by Maharashtra Industrial and Economic Development Association (MIEDA)
  • 2019: Pride of Maharashtra Award under the category of “Best Company of the year” award by Maharashtra Industrial and Economic Development Association (MIEDA)
  • 2019: State Exports Award for largest Exports in LSI category during 2016-17 by Minister of State for Industries and Development Commissioner, Govt of Maharashtra
  • 2019: Mohit Jain, Executive Vice Chairman was awarded 'Young Inspirations of India'award by CII and Texvalley
  • 2020: Silver Plaque for the second highest export performance in yarn-counts 50S and below in Category I (2018- 19) by Texprocil
  • 2020: Gold Trophy for the Special Achievement Award in Made-ups (2018- 19) by Texprocil
  • 2020: Gold Trophy for the highest export performance in made ups bed linen/bed sheets/quilts under Category III (2018- 19) by Texprocil
  • 2021: Mohit Jain, Executive Vice Chairman, honoured with the “Economic Times Business Leader - Youth Icon Textiles Award” by Economic Times
  • 2021: GOLD TROPHY for the Special Achievement Award in Cotton Made-Ups for 2019-20 by Texprocil
  • 2021: GOLD TROPHY for the Highest Export Performance in Cotton Made Ups-Bed Linen/Bed Sheets/Quilts for 2019-20 by Texprocil
  • 2021: GOLD TROPHY for the Highest Export Performance in Cotton Made Ups-Bed Linen/Bed Sheets/Quilts for 2020-21 by Texprocil
  • 2021: ‘Top Performer’ supplier at the Walmart’s Global Sourcing Sustainability Summit and GIGA GURU status 2020 in Project “Gigaton” on sustainability by Walmart
  • 2021: Healthcare CSR Award of the Year by Navabharat Times (Conferred by Hon’ble Governor of Maharashtra)
  • 2021: Mahatma Award 2021 under the CSR Excellence Category for the year 2021 by Dr. Kiran Bedi
  • 2021: Sustainable Business of the Year Award under Global Sustainability Leadership Awards 2021 by World Sustainability
  • 2021: Excellence in Water Management 2021 by CII (Confederation of Indian Industry)
  • 2022: Winner in Within the Fence Category in National Award for Excellence in Water Management 2022 by Confederation of Indian Industry (CII)
  • 2022: Mahatma Award for Lifetime Achievement in Corporate Social Responsibility, Sustainability and Social Impact conferred to Anil Kumar Jain, Executive Chairman by Aditya Birla Group
  • 2022: Industrial Excellence Award conferred to Shri Anil Kumar Jain, Executive Chairman by The Textile Association of India
  • 2022: Best Brand Award 2022 (Boutique Living) by The Economic Times
  • 2023: First Runner-Up in the “Contribution towards Zero Carbon Emission” by CITI Textile Sustainability Awards
  • 2023: Highest Foreign Exchange Earner in Maharashtra for FY 2018-19 by Federation of Indian Export Organizations (FIEO)
  • 2023: Highest Foreign Exchange Earner in Maharashtra for FY 2019-20 by Federation of Indian Export Organizations (FIEO)
  • 2023: 17th Set of FIEO Niryat Shree Award (FY20-21) Federation of Indian Export Organizations (FIEO)
  • 2023: ‘Indo Count Foundation’, the CSR arm of Indo Count Industries Ltd awarded in Best CSR in Healthcare (Implementing Organization)-2nd Runner Up by ASSOCHAM
  • 2023: ‘Boutique Living’ awarded E-Retail Brand of the Year, 2023 by Economic Times
  • 2024: Runner-Up - Best Sustainable Retail Practices by CITI Birla Economic & Textile Research Foundation for the year 2023-24
  • 2024: Winner - Innovative Material Management in Textile Mills by CITI Birla Economic & Textile Research Foundation for the year 2023-24
  • 2024: Winner - Best Practices adopted by Textile Mills, especially in Social Responsibility & Green Practices by CITI Birla Economic & Textile Research Foundation for the year 2023-24
  • 2024: Runner Up- Water Sustainability Award, Excellence in Water Use Efficiency - Industrial Sector by UNDP, Ministry of JAL Shakti and TERI (Energy and Resource Institute)
  • 2024: Gold Trophy for the Highest Export Performance in Cotton Made-ups – Bed Linen / Bed Sheets / Quilts under Category III for the year 2021-22 by Texprocil
  • 2024: Gold Trophy for the Highest Export Performance in Cotton Made-ups – Bed Linen / Bed Sheets / Quilts under Category III for the year 2022-23 by Texprocil
  • 2024: GOLD TROPHY for the Special Achievement Award in Cotton Made-ups for the year 2022-23 by Texprocil
  • 2024: Best Environment Friendly Initiative Award by Brand Honchos, Global CSR and ESG Awards
  • 2024: Best Wastewater Treatment Initiative Award by Brand Honchos, Global CSR and ESG Awards
  • 2024: CSR Appreciation Award - Indian CSR One Decade Celebration by CSR One Decade Celebration Council
  • 2024: Mohit Jain, Executive Vice Chairman, wins Family Entrepreneur Of The Year Award by Entrepreneur India Awards
  • 2024: Home Excellence Award for Supplier/Manufacturer demonstrating Excellence in Expansion of Business and for Ongoing Investment in Sustainability and CSR by HFPA, Home Textiles Today
  • 2024: Anil Kumar Jain, Executive Chairman, honoured with Vastra Ratna Award (Global Achiever), in recognition of his contribution towards promoting excellence in the Indian Cotton Textiles sector by Texprocil, on the occasion of their '70th year Jubilee celebration'
  • 2024: Winner - ‘CII 18th National Award for Excellence in Water Management, 2024’ in the 'Within the Fence' category by CII Water Institute
  • 2025: Winner - Excellence in Waste Reduction and Circular Innovation Leadership by CITI Textile Sustainability Awards 2024-25, CITI Birla Economic & Textile Research Foundation Awards 2024-25
  • 2025: Winner - BSL Best Sustainable Retail Practices by CITI Textile Sustainability Awards 2024-25

Milestones

  • 1988: Anil Kumar Jain incorporates Indo Count Industries Ltd.
  • 1991: Initial Public Offer (IPO) and Spinning EOU production commences.
  • 1992-1995: Rights issue for expansion.
  • 2005: Land purchased for Home Textiles (CAPEX).
  • 2007: Forayed into Home Textiles business by setting up state-of-the-art manufacturing facility in Kolhapur.
  • 2007: Production capacity of 36 million meters per annum
  • 2007: Acquired Pranavaditya Spinning Mills Limited (PSML) for 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 Count Australia Pty Ltd is established in Melbourne. Both house showrooms, design studios and warehousing.
  • 2015: The Brownfield expansion increases capacity to 68 million meters per annum.
  • 2016: Established Indo Count Retail Ventures Private Limited and entered the domestic Indian Market by launching the brand “Boutique Living”
  • 2016: 3 brands launched in USA (BOUTIQUE LIVING / PURE / REVIVAL)
  • 2016: ICIL takes the license of prestigious brands like Harlequin/Sanderson/Scion
  • 2017: Established a wholly owned subsidiary in Dubai, UAE.
  • 2017: Increased in capacity of 90 million meters per annum.
  • 2020: Transfer of Domestic Retail Business in Indo Count Industries Limited
  • 2022: Indo Count acquires GHCL’s Home Textiles unit In Bhilad, making it the largest Global Bed Linen player with a capacity of 153 million meters
  • 2022: PSML, Alte, is completely revamped and amalgamated into Indo Count as a state-of-the-art Spinning factory 
  • 2023: A world-class, state-of-the-art Fashion Bedding unit is set up at Kagal MIDC, Kolhapur
  • 2024: Indo Count Global acquires the iconic heritage brand Wamsutta (Since 1846) in the US
  • 2024: It further adds licences for the brands Fieldcrest and Waverly
  • 2024: Indo Count secures a score of 66 on S&P Global ESG scores 
  • 2024: Indo Count Global acquires Fluvitex USA, a pillow and quilt manufacturing facility in Groveport, Ohio, USA 
  • 2024: It also acquires Modern Home Textiles, a pillow manufacturing facility in Phoenix, Arizona, USA 
  • 2025: It commences establishment of its greenfield pillow manufacturing facility in Kernersville, North Carolina, USA 

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