Indo Count Industries Limited Net Assets

Latest as of September 2025: Rs23.08 Billion INR ≈ $249.63 Million USD

Indo Count Industries Limited net assets. Based on the latest financial reports, Indo Count Industries Limited (ICIL) has net assets worth Rs23.08 Billion INR (≈ $249.63 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs42.45 Billion ≈ $459.03 Million USD) and total liabilities (Rs19.36 Billion ≈ $209.40 Million USD). 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. Also explore Indo Count Industries Limited annual equity growth to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs23.08 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

Net Assets of Indo Count Industries Limited (2002–2025)

Net assets of Indo Count Industries Limited from 2002 to 2025. This chart illustrates how Indo Count Industries Limited's net assets have evolved over time, based on quarterly financial data. See Indo Count Industries Limited balance sheet independence to measure how much of total assets are equity-financed.

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. For live market cap and overall valuation, see Indo Count Industries Limited (ICIL) market capitalisation.

Year	Net Assets	Change
2025-03-31	Rs22.78 Billion ≈ $246.31 Million	+9.02%
2024-03-31	Rs20.89 Billion ≈ $225.92 Million	+16.53%
2023-03-31	Rs17.93 Billion ≈ $193.87 Million	+12.57%
2022-03-31	Rs15.93 Billion ≈ $172.23 Million	+23.44%
2021-03-31	Rs12.90 Billion ≈ $139.52 Million	+29.92%
2020-03-31	Rs9.93 Billion ≈ $107.39 Million	+1.14%
2019-03-31	Rs9.82 Billion ≈ $106.17 Million	+1.87%
2018-03-31	Rs9.64 Billion ≈ $104.23 Million	+12.81%
2017-03-31	Rs8.54 Billion ≈ $92.39 Million	+33.76%
2016-03-31	Rs6.39 Billion ≈ $69.07 Million	+48.70%
2015-03-31	Rs4.30 Billion ≈ $46.45 Million	+44.57%
2014-03-31	Rs2.97 Billion ≈ $32.13 Million	+50.87%
2013-03-31	Rs1.97 Billion ≈ $21.30 Million	+9.39%
2012-03-31	Rs1.80 Billion ≈ $19.47 Million	-7.58%
2011-03-31	Rs1.95 Billion ≈ $21.06 Million	+45.39%
2010-03-31	Rs1.34 Billion ≈ $14.49 Million	-27.79%
2009-03-31	Rs1.86 Billion ≈ $20.06 Million	+130.42%
2008-03-31	Rs805.14 Million ≈ $8.71 Million	-25.43%
2007-03-31	Rs1.08 Billion ≈ $11.68 Million	+14.06%
2006-03-31	Rs946.62 Million ≈ $10.24 Million	+25.82%
2005-03-31	Rs752.34 Million ≈ $8.14 Million	-31.38%
2003-03-31	Rs1.10 Billion ≈ $11.86 Million	+0.18%
2002-03-31	Rs1.09 Billion ≈ $11.84 Million	--

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.

Indo Count Industries Limited Net Assets Breakdown (March 2025)

Indo Count Industries Limited net assets breakdown by equity component as of March 2025.

Component	Amount	Percentage
Retained Earnings	Rs22.54 Billion	98.97%
Common Stock	Rs396.11 Million	1.74%
Other Comprehensive Income	Rs-326.25 Million	-1.43%
Other Components	Rs165.37 Million	0.73%
Total Equity	Rs22.78 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
Shenzhen Shenbao Industrial Co Ltd SHE:000019	$947.15 Million
Beijing Sanyuan Foods Co Ltd SHG:600429	$947.35 Million
TAG Colonia-Immobilien AG HM:KBU	$947.61 Million
Harbin Electric Coporation Jiamusi Electric Machine Co Ltd SHE:000922	$947.83 Million
Blue Jet Healthcare Limited NSE:BLUEJET	$946.52 Million
Shenzhen Das Intellitech Co Ltd SHE:002421	$946.44 Million
Harbin Gloria Pharmaceuticals SHE:002437	$946.27 Million
Hanmi Financial Corporation NASDAQ:HAFC	$946.11 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	Rs2.46 Billion	+10.8%
Dividends Paid	Rs435.72 Million	-1.91%
Share Repurchases	Rs3.50 Billion	-15.35%
Other Comprehensive Income	Rs-139.23 Million	-0.61%
Other Changes	Rs3.50 Billion	+15.35%
Total Change	Rs-	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: 3.84x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 69.15x to 3.84x 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	Rs6.39	Rs442.10	x
2006-03-31	Rs7.37	Rs442.10	x
2007-03-31	Rs7.69	Rs442.10	x
2008-03-31	Rs5.36	Rs442.10	x
2009-03-31	Rs8.64	Rs442.10	x
2010-03-31	Rs11.56	Rs442.10	x
2011-03-31	Rs11.12	Rs442.10	x
2012-03-31	Rs10.08	Rs442.10	x
2013-03-31	Rs11.03	Rs442.10	x
2014-03-31	Rs16.44	Rs442.10	x
2015-03-31	Rs22.69	Rs442.10	x
2016-03-31	Rs31.94	Rs442.10	x
2017-03-31	Rs42.87	Rs442.10	x
2018-03-31	Rs48.45	Rs442.10	x
2019-03-31	Rs49.38	Rs442.10	x
2020-03-31	Rs49.95	Rs442.10	x
2021-03-31	Rs65.07	Rs442.10	x
2022-03-31	Rs80.12	Rs442.10	x
2023-03-31	Rs90.52	Rs442.10	x
2024-03-31	Rs105.48	Rs442.10	x
2025-03-31	Rs114.99	Rs442.10	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	Rs-31.63 Million
2006	6.58%	2.93%	0.68x	3.33x	Rs-32.38 Million
2007	6.71%	2.88%	0.57x	4.12x	Rs-35.53 Million
2008	-23.29%	-6.77%	0.61x	5.65x	Rs-268.00 Million
2009	-29.26%	-19.59%	0.47x	3.21x	Rs-724.27 Million
2010	-8.59%	-4.27%	0.61x	3.27x	Rs-357.92 Million
2011	5.46%	1.49%	1.03x	3.56x	Rs-87.92 Million
2012	-1.22%	-0.29%	1.09x	3.82x	Rs-200.70 Million
2013	15.00%	2.63%	1.33x	4.29x	Rs97.71 Million
2014	37.70%	7.97%	1.36x	3.47x	Rs807.91 Million
2015	34.36%	9.16%	1.28x	2.93x	Rs1.03 Billion
2016	39.88%	13.28%	1.36x	2.21x	Rs1.88 Billion
2017	27.45%	11.83%	1.29x	1.80x	Rs1.48 Billion
2018	13.18%	7.43%	1.00x	1.78x	Rs304.02 Million
2019	6.18%	3.34%	1.11x	1.67x	Rs-372.34 Million
2020	7.48%	3.86%	1.13x	1.72x	Rs-248.22 Million
2021	19.51%	10.67%	1.02x	1.79x	Rs1.22 Billion
2022	22.60%	12.62%	0.87x	2.06x	Rs2.00 Billion
2023	15.44%	9.95%	0.91x	1.70x	Rs975.07 Million
2024	16.18%	10.33%	0.92x	1.71x	Rs1.29 Billion
2025	10.80%	5.93%	0.97x	1.87x	Rs182.47 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: $-17,714,722,300
Average return on equity (ROE) among peers: -0.18%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Indo Count Industries Limited (ICIL)	Rs23.08 Billion	5.80%	0.84x	$946.93 Million
Aarvee Denims & Exports Limited (AARVEEDEN)	$1.68 Billion	-38.29%	3.24x	$38.07 Million
Akshar Spintex Limited (AKSHAR)	$261.57 Million	10.21%	1.86x	$3.58 Million
Alok Industries Limited (ALOKINDS)	$-197.76 Billion	0.00%	0.00x	$433.87 Million
Alps Industries Limited (ALPSINDUS)	$-3.55 Billion	0.00%	0.00x	$14.51 Million
Axita Cotton Limited (AXITA)	$523.70 Million	32.53%	0.54x	$29.76 Million
AYM Syntex Limited (AYMSYNTEX)	$2.98 Billion	2.68%	1.28x	$157.35 Million
Banswara Syntex Limited (BANSWRAS)	$5.09 Billion	22.15%	1.10x	$35.74 Million
Bannari Amman Spinning Mills Limited (BASML)	$4.92 Billion	10.66%	1.54x	$16.52 Million
Bombay Dyeing & Mfg Company Limited (BOMDYEING)	$3.70 Billion	-52.54%	5.56x	$197.03 Million
Cheviot Company Limited (CHEVIOT)	$5.00 Billion	10.81%	0.09x	$67.92 Million

About Indo Count Industries Limited

NSE:ICIL India Textile Manufacturing

Market Cap

$946.93 Million

Rs87.56 Billion INR

Market Cap Rank

#8785 Global

#429 in India

Share Price

Rs442.10

Change (1 day)

-1.60%

52-Week Range

Rs224.50 - Rs476.55

All Time High

Rs476.55