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Indo Count Industries Ltd

Q2 FY27Textiles & Apparels

Indo Count Industries Q2 Results 2026: PAT ₹132 Cr

Q2 FY27 earnings call: what management said on revenue, margins and capex.

Revenue
₹1,673Cr
Net profit
₹132Cr
Margin
13.9%

Indo Count Industries Ltd Q2 FY27 key numbers

Revenue
Core U.S. business volume is expected to return to FY25 levels (~106 million meters) with new non-U.S. core business growing faster, possibly shifting revenue contribution to closer to 60% non-U.S. from current 30%.

As stated in Indo Count Industries Ltd's Q2 FY27 earnings call transcript · published 12 Nov 2026. Reported figures, not investment advice.

Price₹556
Market cap₹11.0K Cr
P/E45.3

The short version

Indo Count targets to double its revenue from INR4,000 crores in FY25 to INR8,000 crores by calendar year 2028 (CY28). Indo Count Industries aims to double revenue from INR4,000 crores in FY25 to INR8,000 crores by calendar year 2028, indicating strong top-line growth.

From Indo Count Industries Ltd's Q2 FY27 earnings-call transcript · updated 12 Nov 2026.

How did Indo Count Industries' revenue grow in the September 2026 quarter?

Good growth
  • Indo Count targets to double its revenue from INR4,000 crores in FY25 to INR8,000 crores by calendar year 2028 (CY28).
  • The company expects growth driven by both core and new businesses, supported by increasing utilization and brand expansions like Wamsutta and Tommy Hilfiger licenses.
  • Core U.S. business volume is expected to return to FY25 levels (~106 million meters) with new non-U.S. core business growing faster, possibly shifting revenue contribution to closer to 60% non-U.S. from current 30%.
  • The branded business aims to exceed the $100 million revenue target by FY28.

2 more points from Indo Count Industries Ltd's call on revenue

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What happened to Indo Count Industries' margins in Q2 FY27?

See what Indo Count Industries Ltd said on profitability & margins — free account, 30 seconds.

What capex is Indo Count Industries planning?

Capex planned
  • Total capex guidance is INR 250 crores planned over 12 to 18 months starting FY27.
  • As of H1 FY27, INR 40 crores spent; majority of the remaining INR 200 crores expected in H2 FY27, with some spillover into FY28.
  • Two major projects underway: effluent treatment and spinning capacities.
  • Spinning capex likely to be mostly completed within the current fiscal year.
  • Effluent treatment capex will likely spill over into the next year (FY28).
  • Board may consider further capacity expansion at the appropriate time.
  • No immediate new growth capex needed to achieve CY28 revenue guidance of INR 8,000 crores.

2 more points from Indo Count Industries Ltd's call on capex

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Top-ranked in Textiles & Apparels

Ranked on what management guided this quarter

Guidance-ranked
1Virat Industries
Rev 1Mar 1
2Purple United
Rev 1Mar 3
3
Rev 2Mar 1
4
Rev 2Mar 1
5
Rev 2Mar 2
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Is Indo Count Industries raising money or cutting debt?

See what Indo Count Industries Ltd said on fundraising & capital structure — free account, 30 seconds.

How big is Indo Count Industries' order book?

Order book rising
  • The order book position is described as "healthy" by K. Muralidharan (Page 7).
  • Despite the recent U.S. midterm elections, the company expects a stable and positive business environment moving forward (Page 7).
  • Guidance remains firm with confidence to exceed revenue and EBITDA targets for FY27, indicating strong order inflow and execution capabilities (Page 5 and 7).

What the Q2 FY27 call signalled

3 of 4 strong

RevenueGood growth
MarginMargins steady
CapexCapex planned
Order bookOrder book rising

Indo Count Industries Ltd — Quarterly revenue & net profit

Revenue Net profit
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27
Sep 2026Q2 FY27

Indo Count Industries Ltd Q2 FY27 results — key figures

Indo Count Industries Ltd Q2 FY27 reported results vs year-ago quarter, ₹ crore
₹ CrQ2 FY27
Revenue1,673
Operating profit (EBITDA)233
Operating margin13.9%
Profit before tax176
Net profit (PAT)132
EPS (₹)6.66

Source: Indo Count Industries Ltd's results filing to NSE (consolidated), ₹ crore.

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹1.7K Cr, net profit ₹132 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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More Q2 FY27 results in Textiles & Apparels

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What Indo Count Industries's management said in earlier quarters

Earlier calls (8)

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Frequently Asked Questions

What were Indo Count Industries Ltd Q2 FY27 results?

Indo Count targets to double its revenue from INR4,000 crores in FY25 to INR8,000 crores by calendar year 2028 (CY28). Indo Count Industries aims to double revenue from INR4,000 crores in FY25 to INR8,000 crores by calendar year 2028, indicating strong top-line growth.

What is Indo Count Industries Ltd share price analysis?

Indo Count Industries Ltd currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 45.3 with a market cap of ₹11,032 Cr. Investors should review the full earnings analysis for detailed insights.

Is Indo Count Industries Ltd planning capital expenditure?

Total capex guidance is INR 250 crores planned over 12 to 18 months starting FY27.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.