ICIL
Indo Count Industries Limited
Each stock's 10,000-path forecast, rendered as light.
Indo Count Industries Limited (ICIL) Stock Analysis & Case Study
Is ICIL a good buy? The data-driven verdict.
Indo Count Industries Limited (ICIL) trades at ₹427,on the numbers it high-risk on the numbers, a Downstox Snapshot Score of 28/100.
On the numbers, Indo Count Industries Limited (ICIL) high-risk on the numbers, a Downstox Snapshot Score of 28/100, weighing expensive at 66.1× earnings, ROE of 5.5%, a 48% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
ICIL fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How ICIL ranks against the 2,373 companies in our screener
- ICIL's market cap of 8,449 Cr ranks in the 73rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ICIL's book value of ₹119 ranks in the 57th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ICIL's promoter holding of 58.7% ranks in the 49th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ICIL's 3-year profit (PAT) growth of -23.0% ranks in the 10th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ICIL's 3-year revenue growth of 11.0% ranks in the 53rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ICIL's debt-to-equity ratio of 0.57x is lower than 31% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is ICIL overvalued? ICIL P/E vs peers
ICIL trades at 66.1× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
ICIL share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of ICIL history (9%/yr drift, 55%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| ICIL 2027 | ₹205 | ₹413 | ₹831 | -3% |
| ICIL 2028 | ₹150 | ₹400 | ₹1,072 | -6% |
| ICIL 2029 | ₹116 | ₹388 | ₹1,292 | -9% |
| ICIL 2030 | ₹91 | ₹376 | ₹1,558 | -12% |
| ICIL 2031 | ₹75 | ₹364 | ₹1,774 | -15% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability ICIL goes up, or doubles?
The bull case for ICIL
- Indo Count Industries Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,292.
The bear case & risks
- ICIL's P/E of 66.1x is lower than 18% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ICIL's return on equity of 5.5% ranks in the 31st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- High historical volatility (55%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹116.
ICIL volatility & expected range, how bumpy is the ride?
Over the last 9.8 years ICIL compounded at 9%/year with annualized volatility of 55%. That volatility implies a 1-year 80% range of ₹205-₹831, the honest backbone behind any single price target.
ICIL price forecast, the full 60-month probability fan
ICIL price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds ICIL hits common targets within the simulated horizon?
Full multi-horizon detail on the ICIL price target & forecast page.
ICIL Piotroski F-Score: 5/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. ICIL scores 5/8, mixed financial health.
ICIL MTF margin & leverage across 11 brokers
Margin Trading Facility lets you buy ICIL with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 40.92% | 2.4× |
| Zerodha | 40.87% | 2.4× |
| Groww | 41.13% | 2.4× |
| Dhan | 40.87% | 2.4× |
| Kotak NeoCHEAPEST | 40.82% | 2.4× |
| Paytm Money | 41.05% | 2.4× |
| Pocketful | 41.83% | 2.4× |
| Fyers | 41.67% | 2.4× |
| Anand Rathi | 40.87% | 2.4× |
| Bajaj Broking | 45.00% | 2.2× |
| Share India | 41.09% | 2.4× |
Compare every broker on the ICIL MTF page.
About Indo Count Industries Limited: sector, index & market-cap context
Indo Count Industries Limited (ICIL) is a small-cap NSE-listed company, with a market capitalisation of ₹8,449 Cr. See more stocks on our screener.
How the ICIL Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Indo Count Industries Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
ICIL analysis, FAQs
Is Indo Count Industries Limited (ICIL) a good buy?
On the numbers, Indo Count Industries Limited (ICIL) high-risk on the numbers, a Downstox Snapshot Score of 28/100, weighing expensive at 66.1× earnings, ROE of 5.5%, a 48% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is ICIL overvalued or undervalued?
ICIL trades at 66.1× earnings, expensive versus the ~22× long-run Nifty average.
What is the ICIL share price target for 2031?
ICIL's probability-weighted 2031 median target is ₹364, with an 80% range of ₹75-₹1,774 (10,000-path Monte-Carlo).
What is the probability ICIL doubles in 5 years?
The modelled probability of ICIL reaching ₹853 (2×) within 5 years is 25%.
What is the bull case for ICIL?
Indo Count Industries Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.
What are the risks in ICIL?
ICIL's P/E of 66.1x is lower than 18% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. ICIL's return on equity of 5.5% ranks in the 31st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. High historical volatility (55%/yr) means a wide, bumpy range of outcomes, size positions accordingly.