Incredible Indus

Who are the top shareholders of the Incredible Indus?

The top shareholders of Incredible Indus include Mahananda Suppliers Limited with 35.5%, followed by Vrindavan Advisory Services LLP at 9.27%, and individual investors holding 11.49%. There are no mutual funds or foreign institutional investors currently involved.

The top shareholders of Incredible Indus primarily consist of promoters, with Mahananda Suppliers Limited holding the largest stake at 35.5%. The total pledged promoter holdings amount to 68.0349%. In terms of public shareholders, the highest is Vrindavan Advisory Services LLP, which owns 9.27%. Additionally, individual investors collectively hold 11.49% of the company. Notably, there are currently no mutual funds or foreign institutional investors (FIIs) holding shares in Incredible Indus.

What does Incredible Indus do?

Incredible Industries Ltd manufactures steel-related rolled products and operates in the Iron & Steel Products industry. As of March 2025, it reported net sales of 230 Cr and a net profit of 6 Cr, with a market cap of Rs 208 Cr.

Overview: <BR>Incredible Industries Ltd is engaged in the manufacturing of steel-related rolled products and operates within the Iron & Steel Products industry, classified as a Micro Cap company.<BR><BR>History: <BR>Incredible Industries Ltd was incorporated on August 23, 1979, originally under the name Adhunik Industries Limited, which was changed on May 6, 2021. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 230 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 6 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 208 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 17.00 <BR>Industry P/E: 33 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.20 <BR>Return on Equity: 9.17% <BR>Price to Book: 1.56 <BR><BR>Contact Details: <BR>Address: 14 Neraji Subbash Road, Kolkata West Bengal: 700001 <BR>Tel: 91-33-22434355/22428551 <BR>Email: info@adhunikgroup.co.in <BR>Website: http://www.incredibleindustries.co.in

Has Incredible Indus declared dividend?

No Dividend History Available

Who are the peers of the Incredible Indus?

Peers of Incredible Indus include APL Apollo Tubes, Welspun Corp, Shyam Metalics, and Jindal Saw, among others. Incredible Indus has below-average management risk and a 1-year return of 1.40%, significantly lower than Rajas. Tube Mfg's 1471.89%.

Peers: The peers of Incredible Indus are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Rajas. Tube Mfg, Sh. Bajrang All., Shah Metacorp, Alliance Integ., and Surani Steel Tub.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, and Ratnamani Metals. Average management risk is noted at Jindal Saw, Rajas. Tube Mfg, while Below Average management risk is present at Incredible Indus, Sh. Bajrang All., Shah Metacorp, Alliance Integ., and Surani Steel Tub. Growth is Excellent at APL Apollo Tubes and Jindal Saw, Average at Shyam Metalics and Ratnamani Metals, Below Average at Welspun Corp, Incredible Indus, Rajas. Tube Mfg, Sh. Bajrang All., Shah Metacorp, Alliance Integ., and Surani Steel Tub. Capital Structure is Excellent at APL Apollo Tubes, Good at Welspun Corp, Average at Incredible Indus, and Below Average at Jindal Saw, Rajas. Tube Mfg, Sh. Bajrang All., Shah Metacorp, Alliance Integ., and Surani Steel Tub.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Rajas. Tube Mfg at 1471.89%, while the lowest is Alliance Integ. at -83.92%. Incredible Indus has a 1-year return of 1.40%, which is significantly lower than Rajas. Tube Mfg and higher than Alliance Integ. Additionally, the six-month returns are negative for Ratnamani Metals, Jindal Saw, Shah Metacorp, Alliance Integ., and Surani Steel Tub.

What is the technical trend for Incredible Indus?

As of June 6, 2025, Incredible Indus shows a mildly bearish trend overall, despite some bullish signals from the MACD and OBV, primarily due to bearish indicators from the RSI and moving averages.

As of 6 June 2025, the technical trend for Incredible Indus has changed from mildly bullish to mildly bearish. The weekly MACD is mildly bullish, but the monthly MACD indicates a mildly bearish stance. The weekly RSI is bearish, while the monthly RSI shows no signal. Moving averages on the daily time frame are mildly bearish, and the KST reflects a mildly bullish trend on the weekly but is mildly bearish on the monthly. Bollinger Bands are mildly bullish in both weekly and monthly time frames. Dow Theory shows no trend in both weekly and monthly assessments. Despite a bullish signal from the OBV on both time frames, the overall stance is mildly bearish, driven primarily by the bearish signals from the RSI and moving averages.

Who are in the management team of Incredible Indus?

As of March 2022, the management team of Incredible Indus includes Rama Shankar Gupta (Chairman & Managing Director), along with directors Asit Baran Dasgupta, Sonam Agarwal, Shilpi Modi, Niket Agarwal, and Sanjay Kaloya, and Bharat Agarwal as Company Secretary & Compliance Officer. They oversee the company's operations and strategic direction.

As of March 2022, the management team of Incredible Indus includes the following members:<BR><BR>1. Asit Baran Dasgupta - Independent Director<BR>2. Bharat Agarwal - Company Secretary & Compliance Officer<BR>3. Sonam Agarwal - Independent Director<BR>4. Shilpi Modi - Independent Director<BR>5. Rama Shankar Gupta - Chairman & Managing Director<BR>6. Niket Agarwal - Director<BR>7. Sanjay Kaloya - Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

How big is Incredible Indus?

As of 24th July, Incredible Industries Ltd has a market capitalization of 192.00 Cr, with recent net sales of 756.15 Cr and a net profit of 12.49 Cr. The balance sheet for March 2024 shows shareholder's funds of 132.61 Cr and total assets of 210.04 Cr.

As of 24th July, Incredible Industries Ltd has a market capitalization of 192.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 756.15 Cr and a Net Profit of 12.49 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 132.61 Cr and Total Assets of 210.04 Cr.

Is Incredible Indus overvalued or undervalued?

As of November 17, 2025, Incredible Indus is considered fairly valued with a PE ratio of 14.84 and a PEG ratio of 0.18, making it an attractive investment option despite recent underperformance compared to the Sensex.

As of 17 November 2025, the valuation grade for Incredible Indus has moved from very attractive to attractive, indicating a shift in market perception. The company is currently considered fairly valued. Key ratios include a PE ratio of 14.84, an EV to EBITDA of 8.98, and a PEG ratio of 0.18, which suggests that the stock may still offer growth potential relative to its price.<BR><BR>In comparison to peers, Incredible Indus has a lower PE ratio than JSW Steel, which stands at 46.87, and a more favorable PEG ratio compared to Tata Steel's 0.23. This positions Incredible Indus competitively within the iron and steel products industry. Despite recent underperformance against the Sensex, with a year-to-date return of -3.16% compared to the Sensex's 8.72%, the company's solid fundamentals and attractive valuation ratios suggest it remains a viable investment option.

How has been the historical performance of Incredible Indus?

Incredible Indus experienced fluctuating financial performance, with net sales declining to 756.14 Cr in March 2025 from 818.16 Cr in March 2024, while profitability metrics improved, including a profit after tax increase to 12.49 Cr and an EPS rise to 2.67. Despite a decrease in total assets and liabilities, cash flow from operations rose significantly to 37.00 Cr.

Answer:<BR>The historical performance of Incredible Indus shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Incredible Indus reported net sales of 756.14 Cr in March 2025, a decline from 818.16 Cr in March 2024, but an increase from 740.61 Cr in March 2023. The total operating income mirrored this trend, reaching 756.14 Cr in March 2025, down from 818.16 Cr in the previous year. The raw material cost was 711.55 Cr in March 2025, which also decreased from 762.53 Cr in March 2024. Operating profit (PBDIT) increased to 22.07 Cr in March 2025 from 21.54 Cr in March 2024, indicating improved operational efficiency. Profit before tax rose to 13.23 Cr in March 2025, up from 9.97 Cr in March 2024, while profit after tax surged to 12.49 Cr from 5.97 Cr in the same period. The earnings per share (EPS) significantly improved to 2.67 in March 2025, compared to 1.28 in March 2024. Total assets decreased to 194.06 Cr in March 2025 from 210.04 Cr in March 2024, and total liabilities also fell to 194.06 Cr from 210.04 Cr. Cash flow from operating activities increased to 37.00 Cr in March 2025, up from 23.00 Cr in March 2024, contributing to a net cash inflow of 10.00 Cr in March 2025, compared to 6.00 Cr in March 2024. Overall, while sales and total assets showed a decline, profitability metrics and cash flow from operations demonstrated positive growth trends for Incredible Indus.

When is the next results date for Incredible Industries Ltd?

The next results date for Incredible Industries Ltd is 05 February 2026.

The next results date for Incredible Industries Ltd is scheduled for 05 February 2026.

Are Incredible Industries Ltd latest results good or bad?

Incredible Industries Ltd's latest results are concerning, showing a 59.95% decline in net profit quarter-over-quarter and a 25.50% decrease year-on-year, alongside a drop in operating margin to 1.80%. Despite a 17.09% year-on-year revenue growth, the sequential decline indicates ongoing operational challenges and pressures on profitability.

Incredible Industries Ltd's latest results indicate a challenging performance. For Q2 FY26, the company reported a net profit of ₹1.49 crore, which represents a significant decline of 59.95% compared to the previous quarter. This sharp drop in profitability is concerning, especially as it also reflects a year-on-year decrease of 25.50%.<BR><BR>On the revenue front, while there was a year-on-year growth of 17.09%, the sequential decline of 3.47% from the previous quarter suggests that the company is facing volume pressures. The operating margin also fell to 1.80%, down from 2.97% in Q1 FY26, indicating ongoing challenges in maintaining profitability amidst rising costs and competitive pressures.<BR><BR>Overall, the financial performance reveals significant operational challenges, particularly in profitability and margin stability, which could be viewed as negative indicators for the company's future prospects. The combination of declining profits, margin compression, and underperformance relative to the broader steel products sector raises concerns about the company's competitive position and operational effectiveness.

Should I buy, sell or hold Incredible Industries Ltd?

Why is Incredible Industries Ltd falling/rising?

As of 17-Mar, the stock price of Incredible Industries Ltd is currently at Rs 34.49, reflecting a 4.04% increase today. Despite this rise, the stock has declined over the past week and month, and concerns about long-term fundamentals may impact its future performance.

As of 17-Mar, the stock price of Incredible Industries Ltd is rising, currently at Rs 34.49, reflecting an increase of Rs 1.34 or 4.04%. This rise is supported by the stock outperforming its sector by 0.8% today and reaching an intraday high of Rs 34.98, which is a 5.52% increase. Additionally, the stock is trading at a discount compared to its peers' average historical valuations, which may attract investors looking for value.<BR><BR>Despite the positive movement today, the stock has shown a decline over the past week and month, with returns of -0.89% and -6.38%, respectively. However, it has performed well over the past year, generating a return of 5.64%, which is higher than the Sensex's return of 2.56% in the same period. The company's profits have also risen by 31.4% over the past year, contributing to a favorable PEG ratio of 0.4, indicating potential for growth relative to its earnings.<BR><BR>On the downside, there are concerns regarding long-term fundamental strength, as indicated by a weak Return on Capital Employed (ROCE) of 8.04% and a decline in net sales over the last quarter. The recent drop in delivery volume by 48.67% against the 5-day average suggests a decrease in investor participation, which could impact future price movements. Overall, while the stock is currently rising, it faces challenges that could affect its performance in the longer term.

Why is Incredible Industries Ltd falling/rising?

As of 18-Mar, Incredible Industries Ltd's stock price is Rs 33.37, down 3.25%, reflecting a broader trend of underperformance with significant declines over various time frames. Despite an attractive valuation, weak fundamentals and disappointing recent financial results have led to decreased investor confidence and a bearish trend.

As of 18-Mar, Incredible Industries Ltd's stock price is falling, currently at Rs 33.37, which reflects a decrease of Rs 1.12 or 3.25%. This decline is part of a broader trend, as the stock has underperformed significantly over various time frames, including a 1-week drop of 3.69% and a 1-month decline of 10.30%. Year-to-date, the stock has decreased by 17.40%, while the benchmark Sensex has only fallen by 9.99% during the same period.<BR><BR>Today's trading activity shows high volatility, with the stock opening up 5.77% but quickly reaching a day's low of Rs 32.12, indicating a wide trading range of Rs 4.36. The stock is also trading below its moving averages across multiple time frames, suggesting a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 78.84% compared to the 5-day average, which further indicates a lack of confidence among investors.<BR><BR>Despite having a relatively attractive valuation with a Price to Book Value of 1 and a PEG ratio of 0.4, the company's fundamentals show weaknesses. The Return on Capital Employed (ROCE) is low at 8.04%, and net sales have only grown at an annual rate of 14.23% over the last five years. Recent financial results have also been disappointing, with a 34.79% decline in profit after tax over the latest six months and an 8.3% drop in net sales compared to the previous quarter's average.<BR><BR>Overall, these factors contribute to the stock's decline, as investors react to both the poor short-term performance and the concerning long-term growth prospects.

Why is Incredible Industries Ltd falling/rising?

As of 19-Mar, the stock price of Incredible Industries Ltd is at 32.60 with no change. The stock has declined 19.31% year-to-date, underperforming the Sensex, and is facing downward pressure due to reduced investor participation and trading below moving averages.

As of 19-Mar, the stock price of Incredible Industries Ltd is currently at 32.60, with no change observed (0.00%). Over the past week, the stock has decreased by 0.46%, while the benchmark Sensex has fallen by 2.40%. In the last month, the stock has seen a decline of 6.08%, compared to a 10.05% drop in the Sensex. Year-to-date, the stock is down 19.31%, which is a larger decline than the Sensex's 12.92% decrease.<BR><BR>Despite today's performance indicating that Incredible Industries Ltd has outperformed its sector by 3.28%, the stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant drop in investor participation, with delivery volume on March 18 falling by 69.73% compared to the 5-day average. The sector itself, which includes Steel/Sponge Iron/Pig Iron, has also experienced a decline of 3.29%.<BR><BR>Overall, the combination of declining stock performance relative to both the market and sector, along with reduced investor participation, suggests that Incredible Industries Ltd is currently facing downward pressure on its stock price.

Why is Incredible Industries Ltd falling/rising?

As of 20-Mar, Incredible Industries Ltd's stock price is rising to 33.58, up 3.01%, driven by sector gains and attractive valuations. However, concerns about long-term fundamentals persist due to declining net sales and a weak return on capital employed.

As of 20-Mar, Incredible Industries Ltd's stock price is rising, currently at 33.58, reflecting an increase of 0.98 or 3.01%. This upward movement can be attributed to several factors. Firstly, the stock's performance today is in line with the sector, which has seen gains of 2.93%. Additionally, the stock is trading at a discount compared to its peers' average historical valuations, which may attract investors looking for value. <BR><BR>Despite a year-to-date decline of 16.88%, the company has shown a significant profit increase of 31.4% over the past year, indicating strong underlying earnings growth. The stock's price-to-book value is also considered very attractive at 1, further supporting its valuation appeal. <BR><BR>However, it is important to note that there are concerns regarding long-term fundamentals, as indicated by a weak return on capital employed (ROCE) of 8.04% and a decline in net sales. The latest quarterly results showed a drop in net sales by 8.3% compared to the previous four-quarter average, and a significant decrease in profit after tax (PAT) by 34.79%. <BR><BR>In summary, while the stock is currently rising due to sector performance and attractive valuation metrics, there are underlying weaknesses that could impact its long-term growth prospects.

Which are the latest news on Incredible Indus?

Which are the latest news on Incredible Indus?

Which are the latest news on Incredible Indus?