Indo Cotspin (BSE: ICL) is loss-making over the last 12 months, losing ₹0.01 Cr, so a P/E ratio does not apply. Its share price on 5 Nov 2026 was ₹31.50, 28% below its 52-week high. Sales grew 23% a year over 3 years. It is a small-cap company with a market cap of ₹22 Cr, ranked 195th of 246 Textile Manufacturing companies by market cap; the shares rose 12% over the past year.
- ₹32.56
- ₹32.56
- ₹29.20
- ₹31.50
- 2.4K
Health check
- ReturnsIn line
+12.1% over a year, better than 3 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- GrowthUnder pressure
Sales +23.0% a year over 3 years, but loss-making now.
- ProfitabilityWeak
ROCE 1.3% vs peer median 10.7%.
- Balance sheetStretched
Piotroski 3 of 9.
- Red flags3 to check
Loss-making over the last twelve months.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹22 Cr
- Small cap
- P/E
- 225.0
- Industry 17.0
- Price to book
- n/a
- Peers 3.81
- Dividend yield
- 0.00%
- ROE
- −0.1%
- Peers 10.1%
- ROCE
- 1.3%
- Peers 10.7%
- Debt to equity
- n/a
- EPS (TTM)
- ₹0.14
- OPM (TTM)
- 2.5%
- Net margin 0.0%
- Sales growth
- −63.2%
- Latest quarter vs a year ago
- Profit growth
- +880.4%
- Latest quarter vs a year ago
- Price to sales
- 0.91
Strengths and risks
Strengths
- Quarterly profit up 880.4% on a year ago.
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at −0.1%.
- Quarterly sales down 63.2% on a year ago.
About Indo Cotspin
Indo Cotspin Ltd engages in manufacturing, exporting, importing, trading, and supplying non-woven products in India and internationally. It offers non-woven fabrics, carpets, felts, designer carpets, textiles, and others. The company was founded in 1995 and is based in Panipat, India.
- Headquarters
- Panipat
- Sector
- Consumer Cyclical
- ISIN
- INE407P01017
- Website
- indocotspin.com
Price range
- Avg volume (3M)
- 518
- 1-year return
- plus 12.1%
- From 52-week high
- minus 28.5%
Peers · Textile Manufacturing
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KPRMILLK.P.R. Mill | 1,164.40 | minus 0.25% | 39,883 | 38.3 | 6.41 | 20.0% | 18.0% | 22.1% | 2.3% | 2.1% | 0.43% | plus 10.5% |
| WELSPUNLIVWelspun Living | 241.30 | minus 4.75% | 22,717 | 52.8 | 4.47 | 5.8% | 8.8% | 28.7% | 5.7% | 0.9% | 0.04% | plus 96.2% |
| VTLVardhman Textiles | 508.80 | minus 4.89% | 14,729 | 14.3 | 1.38 | 8.6% | 7.3% | 13.7% | −0.8% | −2.1% | 0.98% | plus 22.2% |
| ARVINDArvind | 494.75 | minus 0.58% | 12,969 | 28.4 | 3.10 | 15.4% | 11.1% | 10.9% | 3.4% | 0.8% | 0.91% | plus 57.3% |
| TRIDENTTrident | 23.88 | plus 0.08% | 12,168 | 25.4 | 2.53 | 10.7% | 10.1% | 14.9% | 1.8% | −5.1% | 2.09% | minus 16.6% |
| ICILIndo Count Industries | 489.85 | minus 2.25% | 9,702 | 39.8 | 3.81 | 9.5% | 5.5% | 9.7% | 11.6% | −22.9% | 0.31% | plus 78.7% |
| GARFIBRESGarware Technical Fibres | 715.65 | minus 2.13% | 6,988 | 29.8 | 4.97 | 19.3% | 15.3% | 19.2% | 5.6% | 4.9% | 1.26% | minus 3.9% |
| ICLIndo Cotspin | 31.50 | 0.00% | 22 | 225.0 | – | 1.3% | −0.1% | 2.5% | 23.0% | – | 0.00% | plus 12.1% |
| Median of 7 peers | – | −2.13% | 12,969 | 29.8 | 3.81 | 10.7% | 10.1% | 14.9% | 3.4% | 0.8% | 0.91% | 22.2% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 6.6 | 10.1 | 6 | 2 | 2.4 | |
| 6.4 | 10 | 5.9 | 1.9 | 2.3 | |
| 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | |
| 2.2% | 1.6% | 1.9% | 5.3% | 5.5% | |
| 0 | 0 | 0 | 0 | 0.1 | |
| 0 | 0 | 0 | 0 | 0 | |
| 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |
| 0 | 0 | −0 | 0 | 0.1 | |
| 35.2% | 55.6% | −2.5% | 52.7% | 9.0% | |
| 0 | 0 | −0 | 0 | 0.1 | |
| 0.01 | – | – | 0.01 | 0.13 |
Profit & loss
- Sales CAGR 3Y
- +23.0%
- ROE
- −0.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 13.2 | 16.6 | 24.9 | 24.6 | |
| – | +25.8% | +50.0% | minus 1.3% | |
| 12.6 | 15.7 | 24.2 | 24 | |
| 0.6 | 0.9 | 0.8 | 0.6 | |
| 4.6% | 5.4% | 3.1% | 2.4% | |
| −0 | 0 | 0.3 | 0 | |
| 0 | 0 | 0 | 0.1 | |
| 0.6 | 0.8 | 0.6 | 0.5 | |
| 0.3 | −0 | 0 | −0 | |
| 0.3 | 0.1 | 0.6 | 0 | |
| 9.4% | −5.1% | 28.6% | 176.5% | |
| 0.3 | 0.1 | 0.4 | −0 | |
| – | minus 73.8% | +502.8% | minus 102.2% | |
| 0.35 | 0.01 | 0.58 | -0.01 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4.2 | 4.2 | 7.1 | 7.1 | |
| 2.6 | 2.6 | 0.1 | 0.1 | |
| 0.1 | 0.1 | 0 | 0.7 | |
| 3.5 | 1.1 | 0.5 | 3.5 | |
| 10.4 | 8 | 7.7 | 11.4 | |
| 4.4 | 3.1 | 2.6 | 5.9 | |
| 1.8 | 2.5 | 1.8 | 1.7 | |
| 4.2 | 2.4 | 3.4 | 3.8 | |
| 10.4 | 8 | 7.7 | 11.4 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1 | 0.2 | −0.8 | 3.1 | |
| −0.1 | −0.1 | 0.1 | −4 | |
| 0 | −0 | −0 | 0.6 | |
| 1 | 0.1 | −0.7 | −0.2 | |
| −2.9 | −0.4 | −0 | −3.9 | |
| −1.9 | −0.2 | −0.8 | −0.8 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.