On consolidated basisQuarter ended March 2025 compared with Quarter ended March 2024.
Net sales (including other operating income) of Indo Count Industries has declined 6.47% to Rs 1022.56 crore.
Operating profit margin has declined from 15.12% to 8.01%, leading to 50.43% decline in operating profit to Rs 81.93 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 42.93% to 40.17%. Purchase of finished goods cost fell from 2.82% to 1.93%. Employee cost increased from 7.46% to 13.26%. Other expenses rose from 31.92% to 35.48%.
Other income rose 2,387.50% to Rs 5.97 crore. PBIDT fell 46.90% to Rs 87.9 crore. Provision for interest rose 83.97% to Rs 36.15 crore. Loan funds rose to Rs 1,448.72 crore as of 31 March 2025 from Rs 955.93 crore as of 31 March 2024. Inventories rose to Rs 1,162.59 crore as of 31 March 2025 from Rs 1,142.52 crore as of 31 March 2024. Sundry debtors were higher at Rs 591.83 crore as of 31 March 2025 compared to Rs 451.75 crore as of 31 March 2024. Cash and bank balance rose to Rs 117.20 crore as of 31 March 2025 from Rs 103.17 crore as of 31 March 2024. Investments rose to Rs 134.57 crore as of 31 March 2025 from Rs 132.67 crore as of 31 March 2024 .
PBDT fell 64.53% to Rs 51.75 crore. Provision for depreciation rose 64% to Rs 36.13 crore. Fixed assets increased to Rs 1,854.53 crore as of 31 March 2025 from Rs 1,357.49 crore as of 31 March 2024. Intangible assets increased from Rs 32.22 crore to Rs 85.60 crore.
Profit before tax down 87.39% to Rs 15.62 crore. Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 4.42 crore, compared to Rs 31.91 crore. Effective tax rate was 28.30% compared to 25.77%.
Minority interest was nil in both the periods. Net profit attributable to owners of the company decreased 87.82% to Rs 11.20 crore.
Equity capital stood at Rs 39.61 crore as of 31 March 2025 to Rs 39.61 crore as of 31 March 2024. Per share face Value remained same at Rs 2.00.
Promoters' stake was 58.74% as of 31 March 2025 ,compared to 58.74% as of 31 March 2024 .
Full year results analysis.
Net sales (including other operating income) of Indo Count Industries has increased 16.71% to Rs 4151.39 crore.
Operating profit margin has declined from 15.72% to 12.86%, leading to 4.51% decline in operating profit to Rs 533.81 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 44.09% to 42.34%. Purchase of finished goods cost rose from 1.70% to 2.58%. Employee cost increased from 8.29% to 10.35%. Other expenses rose from 31.09% to 31.96%.
Other income fell 9.63% to Rs 39.51 crore. PBIDT fell 4.88% to Rs 573.32 crore. Provision for interest rose 76.32% to Rs 123.16 crore. Loan funds rose to Rs 1,448.72 crore as of 31 March 2025 from Rs 955.93 crore as of 31 March 2024. Inventories rose to Rs 1,162.59 crore as of 31 March 2025 from Rs 1,142.52 crore as of 31 March 2024. Sundry debtors were higher at Rs 591.83 crore as of 31 March 2025 compared to Rs 451.75 crore as of 31 March 2024. Cash and bank balance rose to Rs 117.20 crore as of 31 March 2025 from Rs 103.17 crore as of 31 March 2024. Investments rose to Rs 134.57 crore as of 31 March 2025 from Rs 132.67 crore as of 31 March 2024 .
PBDT fell 15.53% to Rs 450.16 crore. Provision for depreciation rose 41.17% to Rs 116.58 crore. Fixed assets increased to Rs 1,854.53 crore as of 31 March 2025 from Rs 1,357.49 crore as of 31 March 2024. Intangible assets increased from Rs 32.22 crore to Rs 85.60 crore.
Profit before tax down 25.92% to Rs 333.58 crore. Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 87.58 crore, compared to Rs 112.39 crore. Effective tax rate was 26.25% compared to 24.96%.
Minority interest was nil in both the periods. Net profit attributable to owners of the company decreased 27.20% to Rs 246.00 crore.
Equity capital stood at Rs 39.61 crore as of 31 March 2025 to Rs 39.61 crore as of 31 March 2024. Per share face Value remained same at Rs 2.00.
Promoters' stake was 58.74% as of 31 March 2025 ,compared to 58.74% as of 31 March 2024 .
Operational highlights:
Sales Volume for FY25 stood at 106.4 Mn Mtrs v/s 96.8 Mn Mtrs in FY24
Dividend:
The Board has recommended Final Dividend Rs. 2/- per equity shares of Rs.2/- each i.e. 100% for FY 2024-25.
Management Commentary:
Commenting on the results, Mr. Anil Kumar Jain, Executive Chairman, said, 'FY25 was a pivotal year in Indo Count's journey, marked by strategic transformation and deepening of our presence in US market. We strengthened our foundation through brand-led initiatives, portfolio expansion, and capacity enhancement in the utility segment.
The recently announced India-UK Free Trade Agreement presents a promising opportunity to further accelerate our growth and strengthen our presence in the UK market, reinforcing our global expansion strategy.
While the near term may pose challenges due to uncertain macro and geopolitical environment, we remain focused on long-term value creation aligning our execution with evolving market needs and consumer preferences. Looking ahead at FY26, we are well- positioned to build on this foundation with a sharper focus on execution, integration, and expanding our footprint in high-potential categories and geographies.'
| Indo Count Industries : Consolidated Results |
| | Quarter ended | Year ended |
|---|
| Particulars | 202503 | 202403 | Var.(%) | 202503 | 202403 | Var.(%) |
|---|
| Net Sales (including other operating income) | 1,022.56 | 1,093.26 | -6.47 | 4,151.39 | 3,557.07 | 16.71 | | OPM (%) | 8.01 | 15.12 | -711 bps | 12.86 | 15.72 | -286 bps | | OP | 81.93 | 165.29 | -50.43 | 533.81 | 559.03 | -4.51 | | Other Inc. | 5.97 | 0.24 | 2,387.50 | 39.51 | 43.72 | -9.63 | | PBIDT | 87.90 | 165.53 | -46.90 | 573.32 | 602.75 | -4.88 | | Interest | 36.15 | 19.65 | 83.97 | 123.16 | 69.85 | 76.32 | | PBDT | 51.75 | 145.88 | -64.53 | 450.16 | 532.90 | -15.53 | | Depreciation | 36.13 | 22.03 | 64.00 | 116.58 | 82.58 | 41.17 | | PBT | 15.62 | 123.85 | -87.39 | 333.58 | 450.32 | -25.92 | | Share of Profit/(Loss) from Associates | 0 | 0 | - | 0 | 0 | - | | PBT before EO | 15.62 | 123.85 | -87.39 | 333.58 | 450.32 | -25.92 | | EO Income | 0 | 0 | - | 0 | 0 | - | | PBT after EO | 15.62 | 123.85 | -87.39 | 333.58 | 450.32 | -25.92 | | Taxation | 4.42 | 31.91 | -86.15 | 87.58 | 112.39 | -22.07 | | PAT | 11.2 | 91.94 | -87.82 | 246 | 337.93 | -27.20 | | Minority Interest (MI) | 0 | 0 | - | 0 | 0 | - | | Net profit | 11.2 | 91.94 | -87.82 | 246 | 337.93 | -27.20 | | P/(L) from discontinued operations net of tax | 0 | 0 | - | 0 | 0 | - | | Net profit after discontinued operations | 11.2 | 91.94 | -87.82 | 246 | 337.93 | -27.20 | | EPS (Rs)* | 0.57 | 4.64 | -87.82 | 12.42 | 17.06 | -27.20 | | | * EPS is on current equity of Rs 39.61 crore, Face value of Rs 2, Excluding extraordinary items. | | # EPS is not annualised | | bps : Basis points | | EO : Extraordinary items | | Figures in Rs crore | | Source: Capitaline Corporate Database |
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