Incredible Indus

Market Cap: Micro Cap
Industry: Iron & Steel Products
ISIN: INE452L01012
NSEID: INCREDIBLE
BSEID: 538365

INR

40.00

-0.29 (-0.72%)

BSENSE

Dec 15

BSE+NSE Vol: 10.95 k

{
  "main_header": {
    "sid": 180856,
    "name": "Incredible Indus",
    "stock_name": "Incredible Indus",
    "full_name": "Incredible Industries Ltd",
    "name_url": "stocks-analysis/incredible-indus",
    "exchange": 1,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "40.00",
    "chg": -0.29,
    "chgp": "-0.72%",
    "dir": -1,
    "prev_price": "40.29",
    "mcapval": "195.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 538365,
    "symbol": "INCREDIBLE",
    "ind_name": "Iron & Steel Products",
    "ind_code": 23,
    "indexname": "",
    "isin": "INE452L01012",
    "curr_date": "Dec 15",
    "curr_time": "",
    "bse_nse_vol": "10.95 k",
    "exc_status": "Active",
    "traded_date": "Dec 15, 2025",
    "traded_date_str": "2025 12 15",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/incredible-indus-180856-1&utm_source=Spage_Header_Score",
    "mojoone": {
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  "news": {
    "results": [
      {
        "title": "Incredible Industries Sees Shift in Market Assessment Amid Mixed Financial and Technical Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/marketsmojo-upgrades-incredible-industries-to-hold-on-improved-technicals-and-financial-performance-3755960",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/IncredibleIndus_mojoScore_3755960.png",
        "date": "2025-12-11 08:10:26",
        "description": "Incredible Industries, a key player in the Iron & Steel Products sector, has experienced a notable shift in market assessment driven by evolving technical indicators and a complex financial backdrop. While the company’s recent quarterly results reflect positive earnings growth and attractive valuation metrics, longer-term fundamentals and market performance present a more nuanced picture for investors."
      },
      {
        "title": "Why is Incredible Indus falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-incredible-indus-fallingrising-3754350",
        "imagepath": "",
        "date": "2025-12-10 00:34:16",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Recent Price Movement and Market Context</strong></p>\n<p>In the latest trading session, Incredible Industries outperformed its sector by 1.35%, marking a positive deviation from the broader market trend. The stock has recorded gains for two consecutive days, accumulating a 5.2% return over this short period. This recent momentum contrasts with the stock’s performance over the past month and year, where it has declined by 12.46% and 19.49% respectively. Meanwhile, the Sensex has advanced 1.74% over one month and 3.87% over one year, highlighting a divergence between the stock and the benchmark index.</p>\n<p>Despite the short-term gains, the year-to-date (YTD) performance of Incredible Industries remains negative at -13.65%, whereas the Sensex has delivered a robust 8.35% return. Over a five-y..."
      },
      {
        "title": "Incredible Industries Faces Market Assessment Shift Amid Mixed Financial and Technical Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/incredible-industries-downgraded-to-sell-amid-technical-weakness-and-fundamental-concerns-3730375",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/IncredibleIndus_mojoScore_3730375.png",
        "date": "2025-11-26 08:10:38",
        "description": "Incredible Industries, a key player in the Iron & Steel Products sector, has experienced a notable shift in market assessment following recent developments across quality, valuation, financial trends, and technical indicators. The stock’s performance and underlying fundamentals present a complex picture for investors navigating the current market environment."
      },
      {
        "title": "How has been the historical performance of Incredible Indus?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-incredible-indus-3729580",
        "imagepath": "",
        "date": "2025-11-25 22:51:27",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Revenue and Profitability Trends</strong></p>\n<p>Over the past seven years, Incredible Indus’s net sales have exhibited variability, peaking at ₹818.16 crores in the fiscal year ending March 2024 before moderating to ₹756.14 crores in March 2025. The company’s total operating income mirrors this trend, reflecting a recovery from a low base of ₹493.94 crores in March 2021 to a more robust scale in recent years. Raw material costs have consistently represented the largest expenditure, accounting for the majority of operating costs, with a slight reduction in absolute terms in the latest fiscal year.</p>\n<p>Operating profit (PBDIT) excluding other income has shown a steady upward trajectory, rising from ₹11.82 crores in March 2020 to ₹21.30 crores in March 2025. This improvement is reflected in..."
      },
      {
        "title": "Why is Incredible Indus falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-incredible-indus-fallingrising-3712975",
        "imagepath": "",
        "date": "2025-11-18 22:21:32",
        "description": "As of 18-Nov, Incredible Industries Ltd is experiencing a decline in its stock price, currently at Rs 43.50, which represents a decrease of Rs 1.19 or 2.66%. The stock has been underperforming, having lost value for four consecutive days, resulting in a total drop of 5.91% during this period. Today, it opened with a loss of 2.51% and reached an intraday low of Rs 43.4. Additionally, the stock has shown a significant decrease in investor participation, with delivery volume falling by 87.79% compared to the five-day average. The stock's performance over the past week and month has also been negative, with returns of -0.68% and -6.03%, respectively, indicating a consistent downward trend.\n\nIn the broader market context, the Sensex has shown a positive return of 0.96% over the past week and 0.86% over the past month, contrasting sharply with Incredible Industries' performance. This suggests that the stock is no..."
      },
      {
        "title": "Is Incredible Indus overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-incredible-indus-overvalued-or-undervalued-3709699",
        "imagepath": "",
        "date": "2025-11-18 08:19:14",
        "description": "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.\n\nIn 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...."
      },
      {
        "title": "How has been the historical performance of Incredible Indus?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-incredible-indus-3703214",
        "imagepath": "",
        "date": "2025-11-14 23:50:28",
        "description": "Answer:\nThe historical performance of Incredible Indus shows a fluctuating trend in net sales, with a peak of 818.16 Cr in Mar'24 and a decline to 756.14 Cr in Mar'25. The total operating income followed a similar pattern, decreasing from 818.16 Cr in Mar'24 to 756.14 Cr in Mar'25. Raw material costs have also seen a decrease, from 762.53 Cr in Mar'24 to 711.55 Cr in Mar'25. Operating profit (PBDIT) increased from 21.54 Cr in Mar'24 to 22.07 Cr in Mar'25, indicating improved operational efficiency. Profit before tax rose significantly from 9.97 Cr in Mar'24 to 13.23 Cr in Mar'25, leading to a profit after tax of 12.49 Cr in Mar'25, up from 5.97 Cr in Mar'24. The earnings per share (EPS) also improved from 1.28 in Mar'24 to 2.67 in Mar'25. On the balance sheet, total liabilities decreased from 210.04 Cr in Mar'24 to 194.06 Cr in Mar'25, while total assets also declined from 210.04 Cr to 194.06 Cr in the same..."
      },
      {
        "title": "Why is Incredible Indus falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-incredible-indus-fallingrising-3693450",
        "imagepath": "",
        "date": "2025-11-12 22:16:32",
        "description": "As of 12-Nov, Incredible Industries Ltd is experiencing a price increase, currently at Rs 46.23, reflecting a rise of 2.43 or 5.55%. The stock has shown a positive trend today, outperforming its sector by 6.38% and reversing a three-day decline. It opened with a significant gain of 5.48% and reached an intraday high of Rs 46.23. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. However, there has been a slight decline in investor participation, with delivery volume falling by 1.53% compared to the 5-day average, which may suggest some caution among investors.\n\nIn the broader market context, Incredible Industries Ltd has outperformed the Sensex over the past week, gaining 5.24% compared to the benchmark's 1.21%. Over the last month, the stock has also shown a modest increase of 2.66%, slightly ahead of the Sensex's 2..."
      },
      {
        "title": "When is the next results date for Incredible Indus?",
        "link": "https://www.marketsmojo.com/news/result-analysis/when-is-the-next-results-date-for-incredible-indus-3691102",
        "imagepath": "",
        "date": "2025-11-11 23:18:18",
        "description": "The next results date for Incredible Indus is scheduled for 14 November 2025...."
      }
    ],
    "total": 5357,
    "sid": "180856",
    "stock_news_url": "https://www.marketsmojo.com/news/incredible-industries-180856"
  },
  "announcements": [
    {
      "details": "Adhunik Industries Limited has informed the Exchange regarding 'Newspaper Publication'.",
      "source": "NSE",
      "caption": "Adhunik Industries Limited - Updates",
      "datetime": "15-Nov-2019"
    },
    {
      "details": " <table><tr><td>Adhunik Industries Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 16, 2019. Further, the company has informed the Exchange regarding voting results. </td></tr></table>",
      "source": "NSE",
      "caption": "Shareholders meeting",
      "datetime": "17-Sep-2019"
    },
    {
      "details": " <table><tr><td>Adhunik Industries Limited has informed the Exchange regarding 'Pursuant to the provision of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, please find enclosed a copy of Order No. WTM/MPB/ISD/61/2019 dated August 29,2019 passed by Securities and Exchange Board of India ('SEBI'), which is self-explanatory.This is in lieu of earlier submission made by us today in the matter.'. </td></tr></table>",
      "source": "NSE",
      "caption": "Updates",
      "datetime": "30-Aug-2019"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
      "data": []
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Incredible Industries Sees Shift in Market Assessment Amid Mixed Financial and Technical Signals

2025-12-11 08:10:26

Incredible Industries, a key player in the Iron & Steel Products sector, has experienced a notable shift in market assessment driven by evolving technical indicators and a complex financial backdrop. While the company’s recent quarterly results reflect positive earnings growth and attractive valuation metrics, longer-term fundamentals and market performance present a more nuanced picture for investors.

Why is Incredible Indus falling/rising?

2025-12-10 00:34:16

Recent Price Movement and Market Context

In the latest trading session, Incredible Industries outperformed its sector by 1.35%, marking a positive deviation from the broader market trend. The stock has recorded gains for two consecutive days, accumulating a 5.2% return over this short period. This recent momentum contrasts with the stock’s performance over the past month and year, where it has declined by 12.46% and 19.49% respectively. Meanwhile, the Sensex has advanced 1.74% over one month and 3.87% over one year, highlighting a divergence between the stock and the benchmark index.

Despite the short-term gains, the year-to-date (YTD) performance of Incredible Industries remains negative at -13.65%, whereas the Sensex has delivered a robust 8.35% return. Over a five-y...

Incredible Industries Faces Market Assessment Shift Amid Mixed Financial and Technical Signals

2025-11-26 08:10:38

Incredible Industries, a key player in the Iron & Steel Products sector, has experienced a notable shift in market assessment following recent developments across quality, valuation, financial trends, and technical indicators. The stock’s performance and underlying fundamentals present a complex picture for investors navigating the current market environment.

How has been the historical performance of Incredible Indus?

2025-11-25 22:51:27

Revenue and Profitability Trends

Over the past seven years, Incredible Indus’s net sales have exhibited variability, peaking at ₹818.16 crores in the fiscal year ending March 2024 before moderating to ₹756.14 crores in March 2025. The company’s total operating income mirrors this trend, reflecting a recovery from a low base of ₹493.94 crores in March 2021 to a more robust scale in recent years. Raw material costs have consistently represented the largest expenditure, accounting for the majority of operating costs, with a slight reduction in absolute terms in the latest fiscal year.

Operating profit (PBDIT) excluding other income has shown a steady upward trajectory, rising from ₹11.82 crores in March 2020 to ₹21.30 crores in March 2025. This improvement is reflected in...

Why is Incredible Indus falling/rising?

2025-11-18 22:21:32

As of 18-Nov, Incredible Industries Ltd is experiencing a decline in its stock price, currently at Rs 43.50, which represents a decrease of Rs 1.19 or 2.66%. The stock has been underperforming, having lost value for four consecutive days, resulting in a total drop of 5.91% during this period. Today, it opened with a loss of 2.51% and reached an intraday low of Rs 43.4. Additionally, the stock has shown a significant decrease in investor participation, with delivery volume falling by 87.79% compared to the five-day average. The stock's performance over the past week and month has also been negative, with returns of -0.68% and -6.03%, respectively, indicating a consistent downward trend. In the broader market context, the Sensex has shown a positive return of 0.96% over the past week and 0.86% over the past month, contrasting sharply with Incredible Industries' performance. This suggests that the stock is no...

Is Incredible Indus overvalued or undervalued?

2025-11-18 08:19:14

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. 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?

2025-11-14 23:50:28

Answer: The historical performance of Incredible Indus shows a fluctuating trend in net sales, with a peak of 818.16 Cr in Mar'24 and a decline to 756.14 Cr in Mar'25. The total operating income followed a similar pattern, decreasing from 818.16 Cr in Mar'24 to 756.14 Cr in Mar'25. Raw material costs have also seen a decrease, from 762.53 Cr in Mar'24 to 711.55 Cr in Mar'25. Operating profit (PBDIT) increased from 21.54 Cr in Mar'24 to 22.07 Cr in Mar'25, indicating improved operational efficiency. Profit before tax rose significantly from 9.97 Cr in Mar'24 to 13.23 Cr in Mar'25, leading to a profit after tax of 12.49 Cr in Mar'25, up from 5.97 Cr in Mar'24. The earnings per share (EPS) also improved from 1.28 in Mar'24 to 2.67 in Mar'25. On the balance sheet, total liabilities decreased from 210.04 Cr in Mar'24 to 194.06 Cr in Mar'25, while total assets also declined from 210.04 Cr to 194.06 Cr in the same...

Why is Incredible Indus falling/rising?

2025-11-12 22:16:32

As of 12-Nov, Incredible Industries Ltd is experiencing a price increase, currently at Rs 46.23, reflecting a rise of 2.43 or 5.55%. The stock has shown a positive trend today, outperforming its sector by 6.38% and reversing a three-day decline. It opened with a significant gain of 5.48% and reached an intraday high of Rs 46.23. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. However, there has been a slight decline in investor participation, with delivery volume falling by 1.53% compared to the 5-day average, which may suggest some caution among investors. In the broader market context, Incredible Industries Ltd has outperformed the Sensex over the past week, gaining 5.24% compared to the benchmark's 1.21%. Over the last month, the stock has also shown a modest increase of 2.66%, slightly ahead of the Sensex's 2...

When is the next results date for Incredible Indus?

2025-11-11 23:18:18

The next results date for Incredible Indus is scheduled for 14 November 2025....

View All News

Announcement

Adhunik Industries Limited - Updates

15-Nov-2019 | Source : NSE

Adhunik Industries Limited has informed the Exchange regarding 'Newspaper Publication'.

Shareholders meeting

17-Sep-2019 | Source : NSE

Adhunik Industries Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 16, 2019. Further, the company has informed the Exchange regarding voting results.

Updates

30-Aug-2019 | Source : NSE

Adhunik Industries Limited has informed the Exchange regarding 'Pursuant to the provision of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, please find enclosed a copy of Order No. WTM/MPB/ISD/61/2019 dated August 29,2019 passed by Securities and Exchange Board of India ('SEBI'), which is self-explanatory.This is in lieu of earlier submission made by us today in the matter.'.