Indo Count Industries (NSE:ICIL) EV-to-EBIT: 28.43 (As of Aug. 15, 2026) — 147% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:ICIL Indo Count Industries Ltd NSE:ICIL
78 GF Score
Price ₹379.90
GF Value ₹358.34
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Indo Count Industries EV-to-EBIT?

Indo Count Industries NSE:ICIL -2.88% 78 EV-to-EBIT is 28.43 as of Aug. 15, 2026, which is 147% above its 10-year median of 11.53. GuruFocus rates NSE:ICIL with a GF Score™ of 78/100 and a GF Value™ of ₹358.34 (Fairly Valued). The stock has 5 warning signs investors should review. Among 810 Manufacturing - Apparel & Accessories companies, Indo Count Industries ranks worse than 79.51% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Indo Count Industries's Enterprise Value is ₹85,589 Mil. Indo Count Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹3,011 Mil. Therefore, Indo Count Industries's EV-to-EBIT for today is 28.43.

The historical rank and industry rank for Indo Count Industries's EV-to-EBIT or its related term are showing as below:

NSE:ICIL' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.89   Med: 11.53   Max: 35.92
Current: 28.43

During the past 13 years, the highest EV-to-EBIT of Indo Count Industries was 35.92. The lowest was 4.89. And the median was 11.53.

NSE:ICIL's EV-to-EBIT is ranked worse than
79.51% of 810 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 13.305 vs NSE:ICIL: 28.43

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Indo Count Industries's Enterprise Value for the quarter that ended in Mar. 2026 was ₹59,782 Mil. Indo Count Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹3,011 Mil. Indo Count Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.04%.


Indo Count Industries  (NSE:ICIL) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Indo Count Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=3010.677/59781.9617
=5.04 %

Indo Count Industries's Enterprise Value for the quarter that ended in Mar. 2026 was ₹59,782 Mil.
Indo Count Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹3,011 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Indo Count Industries EV-to-EBIT Related Terms


Indo Count Industries EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Indo Count Industries's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Indo Count Industries EV-to-EBIT Chart

Indo Count Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.62 6.93 14.99 13.73 20.29

Indo Count Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.73 14.22 17.70 19.35 20.29

Indo Count Industries EV-to-EBIT Competitor Comparison

For the Textile Manufacturing subindustry, Indo Count Industries's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Indo Count Industries EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Indo Count Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Indo Count Industries's EV-to-EBIT falls into.


NSE:ICIL
78GF Score
Indo Count Industries Ltd NSE:ICIL
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indo Count Industries EV-to-EBIT Calculation

Indo Count Industries's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=85588.527/3010.677
=28.43

Indo Count Industries's current Enterprise Value is ₹85,589 Mil.
Indo Count Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹3,011 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 28.43 mean?
Indo Count Industries (NSE:ICIL) has a EV-to-EBIT of 28.43 as of Aug. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Indo Count Industries and its competitors. This is 147% above median its historical median of 11.53. Over the past decade, Indo Count Industries' EV-to-EBIT has ranged from 4.89 to 35.92. According to the industry distribution chart, Indo Count Industries ranks #644 out of 810 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 79.5%.
Is Indo Count Industries' EV-to-EBIT too high?
Indo Count Industries' current EV-to-EBIT of 28.43 is 147% above median its 10-year median of 11.53. Over the past 10 years, this metric has ranged from a low of 4.89 to a high of 35.92. The Manufacturing - Apparel & Accessories industry median EV-to-EBIT is 13.31. Indo Count Industries' value of 28.43 is 113.7% above this industry median. Based on the distribution chart, Indo Count Industries ranks #644 out of 810 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Indo Count Industries has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indo Count Industries' EV-to-EBIT compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Indo Count Industries ranks #644 out of 810 companies for EV-to-EBIT. This places Indo Count Industries in the lower half of its industry. The industry median EV-to-EBIT is 13.31. Indo Count Industries' value of 28.43 is 113.7% above this benchmark. Historically, Indo Count Industries' own EV-to-EBIT has ranged from 4.89 to 35.92 over the past decade. While the company's 10-year median is 11.53 vs. the industry median of 13.31, Indo Count Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Manufacturing - Apparel & Accessories company?
The median EV-to-EBIT among Manufacturing - Apparel & Accessories companies is 13.31, based on 810 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Indo Count Industries's current EV-to-EBIT of 28.43 is 113.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Indo Count Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median EV-to-EBIT is 13.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo Count Industries's current EV-to-EBIT is 28.43, which is 147% above median its own 10-year median of 11.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Count Industries stock overvalued right now?
Based on GuruFocus' analysis, Indo Count Industries (NSE:ICIL) is currently considered Fairly Valued. The stock's GF Value™ is ₹358.34, compared to a current price of ₹379.90 — trading 6% above its estimated fair value. The current EV-to-EBIT is 28.43, which is 147% above median its 10-year median of 11.53 and 113.7% above the Manufacturing - Apparel & Accessories industry median of 13.31. Indo Count Industries' overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Indo Count Industries (NSE:ICIL), the current EV-to-EBIT is 28.43 as of Aug. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Indo Count Industries (NSE:ICIL) Overvalued in 2026?

Based on GuruFocus' analysis, Indo Count Industries stock appears to be overvalued. The current stock price of ₹379.90 is trading 6% above its estimated GF Value™ of ₹358.34. GuruFocus considers Indo Count Industries to be Fairly Valued.

Key valuation signals for NSE:ICIL:

  • EV-to-EBIT: 28.43 (147% above median its 10-year median of 11.53)
  • GF Value™: ₹358.34 vs. price of ₹379.90 (6% above fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 113.7% above the Manufacturing - Apparel & Accessories median (#644 of 810)

No single metric tells the full story. See the NSE:ICIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indo Count Industries Business Description

Other Exchanges 521016:India
Address NCPA Marg, 301, 3rd Floor, Arcadia, Nariman Point, Mumbai, MH, IND, 400021
Indo Count Industries Ltd is an India-based company principally engaged in the manufacturing and sale of textile products. The company manufactures and exports bed sheets, bed linen, utility bedding, pillowcases, fashion bedding, institutional bedding, comforters, quilts, decorative pillows, etc. Its products are marketed through brands like Pure Earth, Boutique Living, Atlas, Simply Put, Linen Closet, The Pure Collection, and Heirlooms of India. The company operates in a single segment and derives a majority of its revenue by exporting its products to countries like the United States of America, UAE, the United Kingdom, and others.
78GF Score

Get the complete analysis for NSE:ICIL

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹379.90
Price
₹358.34
GF Value