New business revenue target of $275 million by FY28
Management reaffirmed the target for new business (utility bedding + brands) to reach $275 million by FY28, with current run rate at $100 million.
INDOCOUNT / guidance tracker
Keep management guidance in view.
Indo Count Industries · forward-looking guidance across the available source record.
Research layer active
Guidance tracker
What management said would happen.
revenue
Incubation cost drag to end by Q4 FY26
The 150-200 bps margin impact from new business incubation is expected to be fully absorbed by end of March 2026.
Capex of ₹125-150 crore for FY27
Management guided for maintenance and balancing capex of ₹125-150 crore in FY27, with no major new investments planned.
Revenue doubling by FY28
Long-term aspiration to double revenue by FY28, supported by core business recovery, new business scale-up, and trade deal tailwinds.