- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
**1. Business Performance:**
Indo Count reported Q3 FY26 revenue of 1,074 Cr, down 0.7% QoQ and 8.0% YoY. New businesses (utility bedding & USA brand) were a bright spot, contributing 20% of revenue (210 Cr) and growing 16% QoQ, offsetting tariff impacts on core business. Adjusted EBITDA was 112 Cr with a 10.4% margin, reflecting tariff impact and new business incubation costs. Net profit stood at 24 Cr.
**2. Growth Drivers or Strategy:**
The company is aggressively diversifying with Indo Count 2.0, expanding from a single business to multiple value-added segments and product offerings. Key strategies include leveraging new trade deals (EU-FTA, USA), establishing a multi-location manufacturing network in the USA, and reviving iconic brands like Wamsutta. The goal is to grow the USA addressable market from $4Bn to $15Bn.
**3. Recent Developments:**
A new greenfield pillow manufacturing facility in the USA began commercial operations in January 2026, marking their third facility there. Indo Count also saw its S&P Global ESG Score sharply rise to 78, placing it in the top 3 percentile globally within its industry.
**4. Key Financial Metrics:**
Q3 FY26: Revenue 1,074 Cr (-0.7% QoQ), Adj. EBITDA 112 Cr (10.4% margin), PAT 24 Cr, EPS 1.23.
9M FY26: Revenue 3,123 Cr (-1.2% YoY), Adj. EBITDA 354 Cr (11.3% margin), PAT 102 Cr, EPS 5.17.
**5. Management Commentary / Outlook:**
Management expects improved momentum from eased tariff uncertainty and new USA facility. They aim to double revenues by 2028, with new brands and utility bedding segments targeted to contribute ~$275 million. Strategic focus includes ongoing investments in talent, innovation, and core business growth.