Incredible Indus

Why is Incredible Industries Ltd falling/rising?

As of 09-Jun, Incredible Industries Ltd's stock price is at 35.50, down 0.84%, and has underperformed its sector. The stock has declined 16.27% over the past year, with falling profits and weak long-term growth prospects contributing to its negative momentum.

As of 09-Jun, Incredible Industries Ltd's stock price is currently at 35.50, reflecting a decrease of 0.3 or 0.84%. The stock has been experiencing a downward trend, having underperformed its sector by 1.19% today and showing a consecutive decline over the last two days, resulting in a total drop of 2.39% in that period. <BR><BR>In terms of performance over various time frames, the stock has generated a return of -16.27% over the past year, which is significantly worse than the broader market's decline of -10.34%. This underperformance is compounded by a decrease in profits, which have fallen by 7.8% over the same period. Additionally, the stock's moving averages indicate a mixed performance; while it is above the 50-day moving average, it is below the 5-day, 20-day, 100-day, and 200-day moving averages, suggesting a lack of momentum.<BR><BR>Despite a rise in investor participation, with delivery volume increasing by 104.03% against the 5-day average, the overall sentiment remains negative due to weak long-term fundamentals. The Return on Capital Employed (ROCE) stands at 10.1, which, while attractive, is overshadowed by a weak long-term growth outlook, as evidenced by net sales growth of only 11.21% and operating profit growth of 13.54% over the last five years.<BR><BR>In summary, the combination of recent price declines, poor performance relative to the market, falling profits, and weak long-term growth prospects are contributing to the stock's current downward trajectory.

Which are the latest news on Incredible Indus?

Should I buy, sell or hold Incredible Industries Ltd?

When is the next results date for Incredible Industries Ltd?

The next results date for Incredible Industries Ltd is 29 May 2026.

The next results date for Incredible Industries Ltd is scheduled for 29 May 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.

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.

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 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.

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.

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 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.