Indo Count Industries (NSE:ICIL) Dividend Payout Ratio: 0.00 (As of Mar. 2026)


NSE:ICIL Indo Count Industries Ltd NSE:ICIL
79 GF Score
Price ₹441.05
GF Value ₹355.81
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Indo Count Industries Dividend Payout Ratio?

Indo Count Industries NSE:ICIL +0.95% 79 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates NSE:ICIL with a GF Score™ of 79/100 and a GF Value™ of ₹355.81 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 415 Manufacturing - Apparel & Accessories companies, Indo Count Industries ranks better than 62.65% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Indo Count Industries's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

The historical rank and industry rank for Indo Count Industries's Dividend Payout Ratio or its related term are showing as below:

NSE:ICIL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.12   Max: 0.32
Current: 0.32


During the past 13 years, the highest Dividend Payout Ratio of Indo Count Industries was 0.32. The lowest was 0.05. And the median was 0.12.

NSE:ICIL's Dividend Payout Ratio is ranked better than
62.65% of 415 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs NSE:ICIL: 0.32

As of today (2026-07-03), the Dividend Yield % of Indo Count Industries is 0.46%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Indo Count Industries was 2.52%. The lowest was 0.22%. And the median was 0.77%.

Indo Count Industries's Dividends per Share for the months ended in Mar. 2026 was ₹0.00.

During the past 12 months, Indo Count Industries's average Dividends Per Share Growth Rate was -9.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 22.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 23.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Indo Count Industries was 55.40% per year. The lowest was -9.10% per year. And the median was 19.80% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Indo Count Industries (NSE:ICIL) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Indo Count Industries Dividend Payout Ratio Related Terms


Indo Count Industries Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Indo Count Industries's Dividend Payout Ratio 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 Dividend Payout Ratio Chart

Indo Count Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.15 0.12 0.17 0.31

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
Dividend Payout Ratio 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 0.00 0.00 1.02 0.00 0.00

Indo Count Industries Dividend Payout Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Indo Count Industries's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Indo Count Industries's Dividend Payout Ratio falls into.


NSE:ICIL
79GF Score
Indo Count Industries Ltd NSE:ICIL
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indo Count Industries Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Indo Count Industries's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=2/ 6.4
=0.31

Indo Count Industries's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0/ 1.23
=0.00

* 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 Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.00 mean?
Indo Count Industries (NSE:ICIL) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Indo Count Industries and its competitors. Over the past decade, Indo Count Industries' Dividend Payout Ratio has ranged from 0.05 to 0.32. According to the industry distribution chart, Indo Count Industries ranks #155 out of 415 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 37.3%.
Is Indo Count Industries' Dividend Payout Ratio too high?
Indo Count Industries' current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.32. Based on the distribution chart, Indo Count Industries ranks #155 out of 415 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Indo Count Industries has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indo Count Industries' Dividend Payout Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Indo Count Industries ranks #155 out of 415 companies for Dividend Payout Ratio. This puts Indo Count Industries in the upper half of its industry. The industry median Dividend Payout Ratio is 0.44. Historically, Indo Count Industries' own Dividend Payout Ratio has ranged from 0.05 to 0.32 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Manufacturing - Apparel & Accessories company?
The median Dividend Payout Ratio among Manufacturing - Apparel & Accessories companies is 0.44, based on 415 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Indo Count Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Dividend Payout Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo Count Industries's current Dividend Payout Ratio is 0.00. 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 Modestly Overvalued. The stock's GF Value™ is ₹355.81, compared to a current price of ₹441.05 — trading 24% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Indo Count Industries' overall GF Score™ is 79/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Indo Count Industries (NSE:ICIL), the current Dividend Payout Ratio is 0.00 as of Mar. 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 ₹441.05 is trading 24% above its estimated GF Value™ of ₹355.81. GuruFocus considers Indo Count Industries to be Modestly Overvalued.

Key valuation signals for NSE:ICIL:

  • Dividend Payout Ratio: 0.00
  • GF Value™: ₹355.81 vs. price of ₹441.05 (24% above fair value)
  • GF Score™: 79/100 with 9 warning signs

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.
79GF Score

Get the complete analysis for NSE:ICIL

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹441.05
Price
₹355.81
GF Value