Indo Count Industries Ltd Share Price ₹344

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Indo Count Industries Ltd

Quarter-by-quarter operating performance

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales +	657	807	741	1,009	713	1,093	941	1,036	1,152	1,023	959	1,062	1,063
Expenses +	584	663	616	844	609	928	796	879	1,006	941	848	958	972
Operating Profit	73	144	125	165	104	165	145	157	146	82	111	104	91
OPM %	11%	18%	17%	16%	15%	15%	15%	15%	13%	8%	12%	10%	9%
Other Income +	5	3	5	25	14	0	9	9	16	6	9	19	11
Interest	20	7	15	18	18	20	21	30	36	36	31	32	30
Depreciation	16	16	19	20	22	22	25	25	32	36	38	39	39
Profit before tax	41	123	97	151	79	124	108	110	95	16	51	52	34
Tax %	9%	23%	24%	24%	26%	26%	28%	27%	25%	28%	23%	25%	27%
Net Profit +	38	95	74	114	58	92	78	80	71	11	39	39	24
EPS in Rs	1.90	4.78	3.72	5.77	2.93	4.64	3.93	4.06	3.57	0.57	1.97	1.97	1.23

Financials of Indo Count Industries Ltd

Annual income statement trend

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales +	1,468	1,717	2,063	2,153	1,859	1,934	2,080	2,519	2,842	3,012	3,557	4,151	4,106
Expenses +	1,306	1,468	1,646	1,828	1,696	1,778	1,897	2,141	2,403	2,556	2,995	3,616	3,719
Operating Profit	161	249	417	325	163	156	183	379	439	455	562	535	388
OPM %	11%	14%	20%	15%	9%	8%	9%	15%	15%	15%	16%	13%	9%
Other Income +	28	39	48	103	99	10	-44	32	135	30	41	38	45
Interest	50	65	55	42	35	36	39	28	47	62	70	123	129
Depreciation	20	16	30	33	33	35	43	43	41	65	83	117	153
Profit before tax	120	207	379	353	194	95	57	340	486	359	450	334	152
Tax %	8%	30%	34%	34%	36%	37%	-29%	27%	26%	23%	25%	26%
Net Profit +	110	146	251	232	125	60	73	249	359	277	338	246	114
EPS in Rs	6.20	7.38	12.74	11.76	6.39	3.05	3.74	12.70	18.17	13.97	17.06	12.42	5.74
Dividend Payout %	0%	0%	3%	7%	13%	20%	16%	12%	11%	14%	13%	16%

Financials of Indo Count Industries Ltd

Capital structure and asset base

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	35	39	39	39	39	39	39	39	39	40	40	40	40
Reserves	254	382	591	807	917	935	947	1,245	1,551	1,753	2,049	2,238	2,269
Borrowings +	437	386	409	311	384	337	349	577	1,319	876	956	1,449	1,243
Other Liabilities +	285	435	352	367	359	313	361	433	352	379	524	533	693
Total Liabilities	1,011	1,242	1,392	1,524	1,699	1,625	1,696	2,296	3,262	3,048	3,569	4,260	4,245
Fixed Assets +	346	388	484	533	543	574	575	561	631	1,110	1,355	1,890	1,903
CWIP	0	15	11	12	24	16	6	8	24	183	35	50	108
Investments	0	0	0	0	0	46	0	167	2	143	133	135	155
Other Assets +	664	839	898	979	1,132	988	1,115	1,560	2,606	1,611	2,046	2,185	2,079
Total Assets	1,011	1,242	1,392	1,524	1,699	1,625	1,696	2,296	3,262	3,048	3,569	4,260	4,245

Financials of Indo Count Industries Ltd

Operating, investing and financing cash movement

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	34	236	153	216	42	215	140	-20	-37	755	146	394
Cash from Investing Activity +	2	-103	-113	-78	-52	-101	16	-189	-258	-474	-98	-485
Cash from Financing Activity +	-13	-114	-61	-148	17	-106	-40	185	646	-574	-47	105
Net Cash Flow	23	19	-21	-10	7	8	116	-23	352	-293	1	14
Free Cash Flow	16	151	31	128	-14	155	107	-56	-489	416	11	143
CFO/OP	36%	115%	57%	93%	59%	162%	90%	15%	24%	185%	44%	92%

Financials of Indo Count Industries Ltd

Working capital efficiency and return ratios

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	27	27	43	53	56	48	43	75	63	48	46	52
Inventory Days	142	148	159	149	206	188	168	206	288	240	275	229
Days Payable	85	96	67	61	67	51	41	67	45	57	74	46
Cash Conversion Cycle	84	79	136	141	196	185	169	214	307	231	248	236
Working Capital Days	-0	15	44	73	106	91	64	89	44	61	74	58
ROCE %	26%	39%	47%	36%	18%	10%	15%	23%	22%	15%	18%	14%