Indo Count Industries Limited
Indo Count Industries Limited manufactures and sells home textile products in India and internationally. The company offers bed sheets; fashion bedding products, such as matching and complementary sheets, comforters, duvet covers, quilts, pillows, shams, and skirts; utility bedding products comprising mattress pads, down alt comforters, filled pillows, and protectors; institutional bedding produc… Read more
Indo Count Industries Limited (ICIL) - Net Assets
Latest net assets as of September 2025: ₹23.08 Billion INR
Based on the latest financial reports, Indo Count Industries Limited (ICIL) has net assets worth ₹23.08 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹42.45 Billion) and total liabilities (₹19.36 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹23.08 Billion |
| % of Total Assets | 54.38% |
| Annual Growth Rate | 14.11% |
| 5-Year Change | 76.54% |
| 10-Year Change | 256.59% |
| Growth Volatility | 33.54 |
Indo Count Industries Limited - Net Assets Trend (2002–2025)
This chart illustrates how Indo Count Industries Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Indo Count Industries Limited (2002–2025)
The table below shows the annual net assets of Indo Count Industries Limited from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹22.78 Billion | +9.02% |
| 2024-03-31 | ₹20.89 Billion | +16.53% |
| 2023-03-31 | ₹17.93 Billion | +12.57% |
| 2022-03-31 | ₹15.93 Billion | +23.44% |
| 2021-03-31 | ₹12.90 Billion | +29.92% |
| 2020-03-31 | ₹9.93 Billion | +1.14% |
| 2019-03-31 | ₹9.82 Billion | +1.87% |
| 2018-03-31 | ₹9.64 Billion | +12.81% |
| 2017-03-31 | ₹8.54 Billion | +33.76% |
| 2016-03-31 | ₹6.39 Billion | +48.70% |
| 2015-03-31 | ₹4.30 Billion | +44.57% |
| 2014-03-31 | ₹2.97 Billion | +50.87% |
| 2013-03-31 | ₹1.97 Billion | +9.39% |
| 2012-03-31 | ₹1.80 Billion | -7.58% |
| 2011-03-31 | ₹1.95 Billion | +45.39% |
| 2010-03-31 | ₹1.34 Billion | -27.79% |
| 2009-03-31 | ₹1.86 Billion | +130.42% |
| 2008-03-31 | ₹805.14 Million | -25.43% |
| 2007-03-31 | ₹1.08 Billion | +14.06% |
| 2006-03-31 | ₹946.62 Million | +25.82% |
| 2005-03-31 | ₹752.34 Million | -31.38% |
| 2003-03-31 | ₹1.10 Billion | +0.18% |
| 2002-03-31 | ₹1.09 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Indo Count Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2254051900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹22.54 Billion | 98.97% |
| Common Stock | ₹396.11 Million | 1.74% |
| Other Comprehensive Income | ₹-326.25 Million | -1.43% |
| Other Components | ₹165.37 Million | 0.73% |
| Total Equity | ₹22.78 Billion | 100.00% |
Indo Count Industries Limited Competitors by Market Cap
The table below lists competitors of Indo Count Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Spok Holdings Inc
NASDAQ:SPOK
|
$206.30 Million |
|
OVH GROUPE (PROM.)EO 1
F:7U7
|
$206.34 Million |
|
Ce Link Ltd
SHE:300787
|
$206.34 Million |
|
Donga Socio Holdings
KO:000640
|
$206.35 Million |
|
Studio City International Holdings Ltd
NYSE:MSC
|
$206.25 Million |
|
Barrett Business Services Inc
NASDAQ:BBSI
|
$205.95 Million |
|
Redtape Limited
NSE:REDTAPE
|
$205.94 Million |
|
Beijing Fengshangshiji Culture Medi
SHE:300860
|
$205.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Indo Count Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 20,890,657,000 to 22,775,749,000, a change of 1,885,092,000 (9.0%).
- Net income of 2,460,040,000 contributed positively to equity growth.
- Dividend payments of 435,720,000 reduced retained earnings.
- Share repurchases of 3,496,100,000 reduced equity.
- Other comprehensive income decreased equity by 139,234,000.
- Other factors increased equity by 3,496,106,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹2.46 Billion | +10.8% |
| Dividends Paid | ₹435.72 Million | -1.91% |
| Share Repurchases | ₹3.50 Billion | -15.35% |
| Other Comprehensive Income | ₹-139.23 Million | -0.61% |
| Other Changes | ₹3.50 Billion | +15.35% |
| Total Change | ₹- | 9.02% |
Book Value vs Market Value Analysis
This analysis compares Indo Count Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.02x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 36.34x to 2.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹6.39 | ₹232.35 | x |
| 2006-03-31 | ₹7.37 | ₹232.35 | x |
| 2007-03-31 | ₹7.69 | ₹232.35 | x |
| 2008-03-31 | ₹5.36 | ₹232.35 | x |
| 2009-03-31 | ₹8.64 | ₹232.35 | x |
| 2010-03-31 | ₹11.56 | ₹232.35 | x |
| 2011-03-31 | ₹11.12 | ₹232.35 | x |
| 2012-03-31 | ₹10.08 | ₹232.35 | x |
| 2013-03-31 | ₹11.03 | ₹232.35 | x |
| 2014-03-31 | ₹16.44 | ₹232.35 | x |
| 2015-03-31 | ₹22.69 | ₹232.35 | x |
| 2016-03-31 | ₹31.94 | ₹232.35 | x |
| 2017-03-31 | ₹42.87 | ₹232.35 | x |
| 2018-03-31 | ₹48.45 | ₹232.35 | x |
| 2019-03-31 | ₹49.38 | ₹232.35 | x |
| 2020-03-31 | ₹49.95 | ₹232.35 | x |
| 2021-03-31 | ₹65.07 | ₹232.35 | x |
| 2022-03-31 | ₹80.12 | ₹232.35 | x |
| 2023-03-31 | ₹90.52 | ₹232.35 | x |
| 2024-03-31 | ₹105.48 | ₹232.35 | x |
| 2025-03-31 | ₹114.99 | ₹232.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Indo Count Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.80%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.93%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 1.87x
- Recent ROE (10.80%) is below the historical average (10.85%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 5.80% | 2.49% | 1.04x | 2.25x | ₹-31.63 Million |
| 2006 | 6.58% | 2.93% | 0.68x | 3.33x | ₹-32.38 Million |
| 2007 | 6.71% | 2.88% | 0.57x | 4.12x | ₹-35.53 Million |
| 2008 | -23.29% | -6.77% | 0.61x | 5.65x | ₹-268.00 Million |
| 2009 | -29.26% | -19.59% | 0.47x | 3.21x | ₹-724.27 Million |
| 2010 | -8.59% | -4.27% | 0.61x | 3.27x | ₹-357.92 Million |
| 2011 | 5.46% | 1.49% | 1.03x | 3.56x | ₹-87.92 Million |
| 2012 | -1.22% | -0.29% | 1.09x | 3.82x | ₹-200.70 Million |
| 2013 | 15.00% | 2.63% | 1.33x | 4.29x | ₹97.71 Million |
| 2014 | 37.70% | 7.97% | 1.36x | 3.47x | ₹807.91 Million |
| 2015 | 34.36% | 9.16% | 1.28x | 2.93x | ₹1.03 Billion |
| 2016 | 39.88% | 13.28% | 1.36x | 2.21x | ₹1.88 Billion |
| 2017 | 27.45% | 11.83% | 1.29x | 1.80x | ₹1.48 Billion |
| 2018 | 13.18% | 7.43% | 1.00x | 1.78x | ₹304.02 Million |
| 2019 | 6.18% | 3.34% | 1.11x | 1.67x | ₹-372.34 Million |
| 2020 | 7.48% | 3.86% | 1.13x | 1.72x | ₹-248.22 Million |
| 2021 | 19.51% | 10.67% | 1.02x | 1.79x | ₹1.22 Billion |
| 2022 | 22.60% | 12.62% | 0.87x | 2.06x | ₹2.00 Billion |
| 2023 | 15.44% | 9.95% | 0.91x | 1.70x | ₹975.07 Million |
| 2024 | 16.18% | 10.33% | 0.92x | 1.71x | ₹1.29 Billion |
| 2025 | 10.80% | 5.93% | 0.97x | 1.87x | ₹182.47 Million |
Industry Comparison
This section compares Indo Count Industries Limited's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $-15,328,366,560
- Average return on equity (ROE) among peers: 8.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Indo Count Industries Limited (ICIL) | ₹23.08 Billion | 5.80% | 0.84x | $206.29 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $2.56 Billion | 0.07% | 2.01x | $18.42 Million |
| Akshar Spintex Limited (AKSHAR) | $362.57 Million | 3.43% | 1.02x | $3.77 Million |
| Alok Industries Limited (ALOKINDS) | $-206.30 Billion | 0.00% | 0.00x | $179.15 Million |
| Alps Industries Limited (ALPSINDUS) | $2.04 Billion | 0.00% | 5.49x | $155.37K |
| Ambika Cotton Mills Limited (AMBIKCO) | $5.65 Billion | 12.02% | 0.11x | $40.48 Million |
| Arvind Limited (ARVIND) | $34.04 Billion | 11.88% | 1.03x | $623.55 Million |
| Axita Cotton Limited (AXITA) | $362.65 Million | 42.51% | 2.00x | $21.73 Million |
| AYM Syntex Limited (AYMSYNTEX) | $789.26 Million | 14.66% | 2.84x | $26.36 Million |
| Banswara Syntex Limited (BANSWRAS) | $2.69 Billion | 3.12% | 2.99x | $11.94 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $4.51 Billion | -4.87% | 1.72x | $6.49 Million |