Incredible Indus

Why is Incredible Industries Ltd falling/rising?

As of 18-Jul, Incredible Industries Ltd's stock price is declining, currently at 33.38, reflecting a total drop of -17.38% year-to-date and -18.59% over the past year, significantly underperforming the benchmark Sensex. The stock's weak financial fundamentals and declining investor participation further contribute to its downward trend.

As of 18-Jul, Incredible Industries Ltd's stock price is falling, currently at 33.38, which reflects a change of -0.51 (-1.5%). The stock has been on a downward trend, having underperformed its sector by -0.33% today and experiencing a consecutive decline over the last three days, resulting in a total drop of -1.43% during this period. <BR><BR>The stock's performance over various time frames indicates a significant decline, with a year-to-date drop of -17.38% compared to a -8.30% decline in the benchmark Sensex. Over the past year, the stock has generated returns of -18.59%, which is considerably worse than the -4.99% return of the Sensex. Additionally, the stock has shown weak long-term fundamental strength, with a Return on Capital Employed (ROCE) of only 8.57%, and its profits have decreased by -7.8% over the past year.<BR><BR>Investor participation has also been declining, as evidenced by a 60.72% drop in delivery volume compared to the five-day average. This lack of investor interest, combined with poor financial performance and flat results in recent earnings, contributes to the stock's falling price. Overall, the combination of underperformance against benchmarks, declining investor participation, and weak financial fundamentals supports the conclusion that Incredible Industries Ltd's stock is currently in a downward trajectory.

Which are the latest news on Incredible Indus?

How big is Incredible Indus?

As of 10th June, Incredible Industries Ltd has a market capitalization of 164.00 Cr, with Net Sales of 840.30 Cr and a Net Profit of 11.52 Cr reported in the latest four quarters. Shareholder's Funds are 145.25 Cr and Total Assets are valued at 194.06 Cr for the annual period ending in March 2025.

As of 10th June, Incredible Industries Ltd has a market capitalization of 164.00 Cr, which categorizes it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 840.30 Cr and a Net Profit of 11.52 Cr.<BR><BR>For the latest annual period ending in March 2025, the Shareholder's Funds amounted to 145.25 Cr, while Total Assets were valued at 194.06 Cr.

Who are in the management team of Incredible Indus?

The management team of Incredible Indus includes Rama Shankar Gupta (Chairman & Managing Director), Asit Baran Dasgupta, Sonam Agarwal, and Shilpi Modi (Independent Directors), Bharat Agarwal (Company Secretary & Compliance Officer), and directors Niket Agarwal and Sanjay Kaloya.

The management team of Incredible Indus includes the following individuals:<BR><BR>1. **Rama Shankar Gupta** - Chairman & Managing Director<BR>2. **Asit Baran Dasgupta** - Independent Director<BR>3. **Sonam Agarwal** - Independent Director<BR>4. **Shilpi Modi** - Independent Director<BR>5. **Bharat Agarwal** - Company Secretary & Compliance Officer<BR>6. **Niket Agarwal** - Director<BR>7. **Sanjay Kaloya** - Director<BR><BR>If you need more details about their roles or contributions, feel free to ask!

Who are the peers of the Incredible Indus?

Peers of Incredible Indus include Sh. Bajrang All., Rudra Global, Rathi Steel, Bansal Roofing, Kanishk Steel, National Fitting, Jay Bee Laminati, Kritika Wires, Surani Steel Tub, and Kataria Indust. Bansal Roofing shows the best 1-year return at 10.11%, while Incredible Indus has a return of -19.10%.

Peers: The peers of Incredible Indus are Sh. Bajrang All., Rudra Global, Rathi Steel, Bansal Roofing, Kanishk Steel, National Fitting, Jay Bee Laminati, Kritika Wires, Surani Steel Tub, and Kataria Indust.<BR><BR>Quality Snapshot: Below Average management risk is observed at Sh. Bajrang All., Kanishk Steel, Kritika Wires, Surani Steel Tub, and Incredible Indus, while Average management risk is found at Rudra Global, Rathi Steel, National Fitting, and Kataria Indust. Good management risk is noted at Bansal Roofing and Jay Bee Laminati. Growth is rated as Good for Rudra Global, Bansal Roofing, and Jay Bee Laminati, while Average growth is seen at Rathi Steel and Kritika Wires, and the rest have Below Average growth. Capital Structure is Excellent for National Fitting, Good for Bansal Roofing and Jay Bee Laminati, Average for Incredible Indus, and Below Average for Sh. Bajrang All., Rudra Global, Rathi Steel, Kanishk Steel, Kritika Wires, Surani Steel Tub, and Kataria Indust.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Bansal Roofing at 10.11%, while Rudra Global has the lowest at -55.17%. Incredible Indus has a 1-year return of -19.10%, which is better than Rudra Global but worse than Bansal Roofing. Additionally, the six-month return is negative for Rudra Global, Rathi Steel, Kanishk Steel, National Fitting, and Surani Steel Tub.

What does Incredible Indus do?

Incredible Industries Ltd is a micro-cap company in the Iron & Steel Products industry, manufacturing steel-related rolled products and generating electricity through wind power. As of March 2026, it reported net sales of 219 Cr and a net profit of 5 Cr, with a market cap of INR 164 Cr.

Overview: <BR>Incredible Industries Ltd is a micro-cap company in the Iron & Steel Products industry, engaged in the manufacturing of steel-related rolled products and the generation of electricity through wind power.<BR><BR>History: <BR>Incorporated on August 23, 1979, as Adhunik Industries Limited, the company changed its name to Incredible Industries Limited on May 6, 2021. The latest quarterly results reported net sales and profit for March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 219 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 5 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 164 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 14.00 <BR>Industry P/E: 26 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.11 <BR>Return on Equity: 7.33% <BR>Price to Book: 1.06 <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

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.

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.

Has Incredible Indus declared dividend?

No Dividend History Available