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Incredible Industries Limited

Incredible Industries Limited

INCREDIBLE.NS
Incredible Industries LimitedIN flagNational Stock Exchange of India
33.25
INR
+0.09
- -
1.55BMarket Cap
Incredible Industries Limited
INCREDIBLE.NS
(National Stock Exchange of India)

Recent

price

33.25

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
94.29
87.94
87.47
77.22
100.19
138.45
103.26
101.11
108.61
150.93
167.18
163.49
185.33
184.88
Revenue per Share
0.93
2.3
0.49
0.49
1.04
0.82
0.22
0.78
0.76
1.05
1.28
2.7
2.54
2.53
Basic EPS, GAAP
7.94
5.12
10.2
-0.62
7.22
8.91
4.04
-2.95
2.12
1.69
3.96
6.78
-2.94
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
19.2
21.47
21.96
22.45
23.49
24.3
24.47
25.25
26.01
27.06
28.34
31.35
10.31
10.29
Book Value per Share
19.2
21.47
21.96
22.45
23.49
24.3
24.48
25.26
26.03
27.08
28.36
31.41
34.65
34.57
Tangible Book Value per Share
47
47
47
47
47
47
47
47
47
47
47
46
45
45
Basic Weighted Avg Shares
4,409
4,112
4,090
3,611
4,685
6,475
4,829
4,728
5,079
7,058
7,818
7,561
8,403
8,403
Sales/Revenue/Turnover
6.79
8.58
5.93
5.56
4.69
2.12
1.28
2
2.19
1.72
1.76
2.11
2.11
2.11
Operating Margin (%)
37
33
35
37
37
37
57
57
56
56
57
54
50
50
Depreciation Expense
43
108
23
23
49
38
10
36
36
49
60
125
115
115
Net Income, GAAP
27.64
31.81
54.08
33.79
30.33
28.25
23.58
33.94
39.85
31.26
40.13
5.65
30.67
30.67
Effective Tax Rate (%)
0.99
2.62
0.56
0.64
1.04
0.59
0.21
0.77
0.7
0.7
0.76
1.65
1.37
1.37
Profit Margin (%)
701
704
640
658
899
958
763
1,025
1,050
1,052
1,010
1,001
1,017
1,017
Working Capital
295
165
45
2
- -
- -
4
187
223
151
59
4
135
135
LT Debt
898
1,004
1,027
1,050
1,098
1,136
1,145
1,181
1,217
1,266
1,326
1,453
1,571
1,571
Total Equity
- -
12.15
5.96
7.18
8.11
5.89
3.28
4.17
4.02
4.78
4.63
8.64
6.79
6.79
Return on Invested Capital (%)
- -
6.47
1.77
6.39
7.73
5.97
2.98
4.28
4.18
4.93
5.3
9.17
10.66
10.66
Return on Capital (%)
- -
11.32
2.24
2.21
4.53
3.41
0.88
3.12
2.97
3.95
4.61
9
12.01
12.01
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
180
- -
208
LT Borrowings
- -
- -
135
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
47
- -
47
Market Capitalization
2,142
1,865
1,299

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
1,431
- -
1,440
Cash, Cash Equivalents & STI
162
- -
165
Accounts Receivable, Net
385
- -
320
Inventories
418
- -
508
Total Current Liabilities
387
- -
423
Payables & Accruals
- -
- -
- -
ST Debt
180
- -
208
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.37%
5.9%
8.17%
Free Cash Flow
-170.85%
-26.23%
-142.46%
Net Income, GAAP
43.65%
31.81%
-7.77%
Sales/Revenue/Turnover
9.37%
13%
11.13%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,282
2,090
1,587
1,860
7,818
2025
1,829
1,812
1,619
2,302
7,561
2026
2,198
2,121
1,890
2,194
8,403

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.29
0.11
0.22
- -
1.28
2025
0.35
0.43
0.65
1.27
2.7
2026
0.8
0.33
0.39
1.02
2.54

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Incredible Industries Limited manufactures and sells iron and steel rolled products in India, including thermo-mechanically treated (TMT) bars such as Fe 500 SD grade, wire rods, rounds, H.B. wires, billets, link edge, annealing products, torkari, and wire nails; it also generates electricity through a 1.50 megawatt windmill at Dhule, Maharashtra, under a power purchase agreement with Maharashtra State Electricity Distribution Company Limited. The company operates a rolling mill with 170,000 metric tons per annum capacity at Raturia Industrial Area, Angadpur, Durgapur, West Bengal, sourcing raw materials via backward integration with nearby group entities producing sponge iron and billets, and maintains a strong presence in Eastern and North Eastern India with expanding nationwide footprint serving construction, infrastructure, real estate, and engineering sectors. Incorporated in 1979 and headquartered at 14 Netaji Subhas Road, Kolkata, West Bengal, the company, formerly known as Adhunik Industries Limited, changed its name to Incredible Industries Limited in May 2021; it holds ISO 9001:2015, 14001:2015, and 45001:2018 certifications and lists on BSE, NSE, and Calcutta Stock Exchange. Recent developments include unaudited financial results for the quarter and half-year ended September 30, 2025, approved in November 2025, alongside an intimation for the execution of an agreement to sell its windmill asset (K-342), the appointment of Mr. Raj Prakash as non-executive director effective November 14, 2025, and sustained revenue growth with standalone net sales reaching Rs 230.22 crore for March 2025, up 3.54% year-over-year.