Incredible Industries Ltd
INCREDIBLE NSE
Incredible Industries Ltd
Industrial ProductsNSE: INCREDIBLE BSE: 538365 Iron & Steel Products
Key Fundamentals
MicrocapIron & Steel ProductsIndustrial ProductsMarket Cap
₹161 Cr
Volatility
Moderate
P/E Ratio
13.29
EBITDA
₹22.72 Cr
Return on Equity
8.6%
Debt to Equity
0.22
Book Value
₹33.6
52W High
₹52.87
52W Low
₹28.1
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Incredible Industries Ltd insights
29 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
2- Stock is trading at 0.98 times its book value
- Company has delivered good profit growth of 26.0% CAGR over last 5 years
Weaknesses
3- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 11.7% over past five years.
- Company has a low return on equity of 7.14% over last 3 years.
Growth Rate
Revenue Growth
11.02% ↗
Net Income Growth
-9.36% ↗
Cash Flow Change
56.74% ↗
ROE
91.11% ↗
ROCE
0.91% ↗
EBITDA Margin (Avg.)
-7.53% ↗
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 228 | 209 | 159 | 222 | 183 | 181 | 162 | 230 | 220 | 212 | 189 | 219 | 213 |
| Expenses | 224 | 206 | 154 | 215 | 178 | 178 | 158 | 221 | 213 | 208 | 185 | 211 | 206 |
| Operating Profit | 4.09 | 3.23 | 4.38 | 7.65 | 5.06 | 3.09 | 3.73 | 9.44 | 6.53 | 3.83 | 4.18 | 8.18 | 6.72 |
| OPM % | 1.79% | 1.55% | 2.76% | 3.44% | 2.77% | 1.71% | 2.3% | 4.1% | 2.97% | 1.81% | 2.21% | 3.73% | 3.15% |
| Other Income | 1.28 | 0.26 | 0.55 | 0.1 | 0.11 | 0.1 | 0.48 | 0.07 | 0.07 | 0.3 | 0.71 | 0.36 | 0.31 |
| Interest | 1.58 | 1.66 | 1.5 | 1.17 | 1.11 | 0.82 | 0.74 | 0.81 | 0.41 | 0.7 | 0.55 | 0.88 | 0.77 |
| Depreciation | 1.41 | 1.42 | 1.42 | 1.41 | 1.34 | 1.34 | 1.34 | 1.33 | 1.24 | 1.24 | 1.19 | 1.34 | 0.96 |
| PBT | 2.38 | 0.41 | 2.01 | 5.17 | 2.72 | 1.03 | 2.13 | 7.37 | 4.95 | 2.19 | 3.15 | 6.32 | 5.3 |
| Tax % | 44.12% | -29.27% | 51.24% | 39.46% | 40.07% | -95.15% | -42.25% | 20.76% | 24.85% | 31.96% | 43.17% | 28.48% | 25.09% |
| Net Profit | 1.33 | 0.53 | 0.98 | 3.12 | 1.62 | 2 | 3.03 | 5.84 | 3.72 | 1.49 | 1.79 | 4.52 | 3.96 |
| EPS in Rs | 0.28 | 0.11 | 0.21 | 0.67 | 0.35 | 0.43 | 0.65 | 1.25 | 0.8 | 0.32 | 0.38 | 0.97 | 0.85 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 411 | 410 | 372 | 478 | 666 | 496 | 484 | 531 | 736 | 816 | 753 | 840 | 834 |
| Expenses | 373 | 383 | 349 | 453 | 649 | 484 | 469 | 515 | 718 | 797 | 732 | 818 | 811 |
| Operating Profit | 39 | 27 | 23 | 25 | 17 | 12 | 15 | 17 | 18 | 19 | 21 | 23 | 23 |
| OPM % | 9% | 7% | 6% | 5% | 2.6% | 2.4% | 3.1% | 3.1% | 2.4% | 2.4% | 2.8% | 2.7% | 2.8% |
| Other Income | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | 1 | 1 | 2 |
| Interest | 20 | 19 | 17 | 15 | 9 | 5 | 4 | 6 | 5 | 6 | 4 | 3 | 3 |
| Depreciation | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 6 | 6 | 6 | 5 | 5 | 5 |
| PBT | 16 | 5 | 3 | 7 | 5 | 1 | 5 | 6 | 7 | 10 | 13 | 17 | 17 |
| Tax % | 32% | 54% | 34% | 30% | 28% | 23% | 34% | 40% | 31% | 40% | 6% | 31% | — |
| Net Profit | 11 | 2 | 2 | 5 | 4 | 1 | 4 | 4 | 5 | 6 | 12 | 12 | 12 |
| EPS in Rs | 2.3 | 0.49 | 0.49 | 1.04 | 0.81 | 0.22 | 0.78 | 0.76 | 1.05 | 1.28 | 2.67 | 2.46 | 2.52 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 47 | 47 | 47 | 47 | 47 | 47 | 47 | 47 | 47 | 47 | 47 | 47 |
| Reserves | 54 | 56 | 58 | 63 | 67 | 68 | 71 | 75 | 80 | 86 | 98 | 110 |
| Borrowings | 105 | 72 | 90 | 72 | 34 | 23 | 41 | 48 | 49 | 43 | 23 | 34 |
| Other Liabilities | 93 | 96 | 81 | 103 | 55 | 29 | 34 | 32 | 33 | 34 | 26 | 30 |
| Total Liabilities | 299 | 270 | 276 | 285 | 203 | 166 | 193 | 202 | 209 | 210 | 194 | 221 |
| Fixed Assets | 55 | 57 | 54 | 50 | 47 | 47 | 42 | 46 | 43 | 38 | 32 | 26 |
| CWIP | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 11 | 35 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 242 | 213 | 222 | 235 | 156 | 119 | 151 | 155 | 166 | 167 | 150 | 160 |
| Total Assets | 299 | 270 | 276 | 285 | 203 | 166 | 193 | 202 | 209 | 210 | 194 | 221 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 27 | 53 | -2 | 34 | 42 | 25 | -13 | 20 | 10 | 24 | 37 | 10 |
| Investing | -1 | -3 | 0 | 1 | 5 | -6 | -1 | -11 | -3 | -4 | -4 | -36 |
| Financing | -29 | -51 | 3 | -33 | -47 | -21 | 14 | -9 | -7 | -13 | -22 | 9 |
| Net Cash Flow | -3 | 0 | 0 | 2 | 0 | -3 | 0 | 0 | 1 | 7 | 11 | -18 |
| Free Cash Flow | 25 | 49 | -3 | 34 | 42 | 19 | -14 | 10 | 8 | 18 | 31 | -13 |
| CFO/OP | 78 | 217 | -5 | 134 | 244 | 216 | -77 | 137 | 73 | 143 | 193 | 61 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 67 | 73 | 86 | 67 | 42 | 28 | 40 | 25 | 14 | 20 | 21 | 14 |
| Inventory Days | 129 | 85 | 101 | 84 | 33 | 45 | 28 | 37 | 27 | 25 | 29 | 24 |
| Days Payable | 75 | 68 | 60 | 44 | 10 | 13 | 7 | 12 | 9 | 9 | 7 | 7 |
| Cash Conversion Cycle | 121 | 90 | 127 | 107 | 66 | 60 | 61 | 50 | 32 | 36 | 42 | 31 |
| Working Capital Days | 55 | 51 | 57 | 62 | 51 | 55 | 76 | 71 | 51 | 40 | 39 | 37 |
| ROCE % | 18% | 13% | 11% | 12% | 9% | 4% | 7% | 7% | 7% | 9% | 10% | 11% |
Documents
1
Announcement under Regulation 30 (LODR)-Credit Rating
30 Apr - Infomerics withdrew Incredible Industries’ bank facility ratings on 30 April 2026 at company request. 30 Apr - Infomerics withdrew Incredible Industries’ bank facility ratings on 30 April 2026 at company request.
2
Announcement under Regulation 30 (LODR)-Credit Rating
30 Apr - Infomerics withdrew Incredible Industries’ bank facility ratings on 30 April 2026 at company request. 30 Apr - Infomerics withdrew Incredible Industries’ bank facility ratings on 30 April 2026 at company request.
3
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
18 Apr - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. 18 Apr - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.
4
Announcement under Regulation 30 (LODR)-Credit Rating
13 Apr - IVRPL downgraded Incredible Industries' bank facilities on 10 April 2026 to IVR BBB-/A3, issuer not cooperating. 13 Apr - IVRPL downgraded Incredible Industries' bank facilities on 10 April 2026 to IVR BBB-/A3, issuer not cooperating.
Frequently Asked Questions about Incredible Industries Ltd
What does Incredible Industries Ltd do?
Incorporated in 1979, Incredible Industries does manufacturing and sale of iron and steel related rolled products[1]
Where is Incredible Industries Ltd (INCREDIBLE) listed?
Incredible Industries Ltd is listed on the Indian stock exchanges. It is listed on NSE: INCREDIBLE and BSE: 538365. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Incredible Industries Ltd belong to?
Incredible Industries Ltd operates in the Industrial Products sector within the Iron & Steel Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Incredible Industries Ltd?
Incredible Industries Ltd has a market capitalisation of approximately ₹161.33 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Incredible Industries Ltd?
The Price-to-Earnings (PE) ratio of Incredible Industries Ltd is 13.29. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Incredible Industries Ltd?
Over the past 52 weeks, Incredible Industries Ltd has traded between a low of ₹28.1 and a high of ₹52.87. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Incredible Industries Ltd?
Incredible Industries Ltd has a Return on Equity (ROE) of 8.60%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Incredible Industries Ltd on Tapetide?
On Tapetide, you can view Incredible Industries Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1979, Incredible Industries does manufacturing and sale of iron and steel related rolled products[1]
Website incredibleindustries.co.in
CEO Mr. Rama Shankar Gupta
Employees 195
Listed 2016-07-01
Face Value ₹ 10
Issued Size 4,67,63,750