INCREDIBLE INDUSTRIES LIMITED

BSE: INCREDIBLE538365ISIN INE452L01012

Industrials
Iron & Steel Products

Share price

₹30.49-0.21 (-0.68%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹51.50
52W low: ₹26.00
Off 52W high: -40.80%
1M return: -4.12%
3M return: -5.02%
6M return: -13.70%
1Y return: -30.59%
20D avg volume: 1,109
50 DMA: ₹32.08
200 DMA: ₹34.23

Key ratios Standalone

Market cap: ₹142.58 Cr
Current price: ₹30.49
52W high / low: ₹51.50 / ₹26.00
Face value: ₹10.00
P/E: 12.10
P/B: 1.05
EPS (TTM): ₹2.52
Book value / share: ₹29.04
ROE: 8.64%
ROCE: 10.70%
Operating margin: 3.30%
Net margin: 1.86%
Debt / equity: 0.21
Net debt: ₹32.90 Cr
Interest cover: 7.54
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 30.0 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	213.03	219.44	188.97	212.13	219.76	230.22	161.87	181.17	182.89	—
	0.31	0.36	0.71	0.30	0.07	0.07	0.48	0.10	0.11	—
	213.34	219.79	189.69	212.44	219.83	230.29	162.35	181.27	182.99	—
	208.04	213.47	186.54	210.25	214.88	222.92	160.23	180.25	180.28	—
	185.91	207.39	176.78	185.50	192.86	209.41	155.45	165.14	181.55	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	2.21	2.48	2.47	2.68	2.31	2.75	1.98	2.12	1.93	—
	0.77	0.88	0.55	0.70	0.41	0.81	0.74	0.82	1.11	—
	0.96	1.34	1.19	1.24	1.24	1.33	1.34	1.34	1.34	—
	8.61	2.20	14.22	9.42	9.51	4.38	6.02	14.80	5.69	—
	5.30	6.32	3.15	2.19	4.95	7.37	2.12	1.02	2.72	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	5.30	6.32	3.15	2.19	4.95	7.37	2.12	1.02	2.72	—
	1.34	1.80	1.36	0.70	1.23	1.53	0.90	0.98	1.10	—
	3.96	4.52	1.79	1.49	3.72	5.84	3.02	2.00	1.62	—
	0.87	1.02	0.39	0.33	0.80	1.27	0.65	0.43	0.35	—
Key metrics
	7.03	8.54	4.89	4.13	6.60	9.51	4.20	3.18	5.17	—
	3.30%	3.90%	2.60%	1.90%	3.00%	4.10%	2.60%	1.80%	2.80%	—
	1.90%	2.10%	0.90%	0.70%	1.70%	2.50%	1.90%	1.10%	0.90%	—
	—	4.00%	—	1.90%	—	5.40%	—	—	—	—
	-3.10%	-4.70%	16.70%	17.10%	20.20%	—	—	—	—	—
	6.50%	-22.60%	-40.70%	-25.50%	129.60%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	833.57	840.30	756.14	—
	1.68	1.45	0.77	—
	835.26	841.74	756.91	—
	818.30	825.13	743.68	—
	755.58	762.53	711.55	—
	0.00	0.00	0.00	—
	9.84	9.93	8.78	—
	2.90	2.54	3.48	—
	4.73	5.02	5.36	—
	34.45	35.36	30.90	—
	16.96	16.61	13.23	—
	0.00	0.00	0.00	—
	16.96	16.61	13.23	—
	5.20	5.09	0.75	—
	11.76	11.52	12.49	—
	2.61	2.54	2.70	—
Key metrics
	24.59	24.17	22.07	—
	2.95%	2.90%	2.90%	—
	1.41%	1.40%	1.70%	—
	—	10.70%	11.10%	—
	5.11%	11.10%	—	—
	-19.34%	-7.80%	—	—
	—	-13.31	31.35	—
	—	0.84	2.99	—
	—	0.21	0.13	—
	—	32.90	1.32	—
	—	30.0	40.1	—
Balance sheet
	—	221.47	194.06	—
	—	143.97	143.67	—
	—	0.08	18.18	—
	—	32.01	42.35	—
	—	50.80	54.65	—
	—	44.64	26.14	—
	—	26.24	32.30	—
	—	13.90	13.98	—
	—	42.27	43.54	—
	—	32.98	19.50	—
	—	19.49	19.50	—
	—	13.49	0.00	—
	—	157.12	145.25	—
Cash flow
	—	9.62	37.35	—
	—	-36.26	-4.45	—
	—	8.54	-22.32	—
	—	22.93	6.00	—

Compounded growth

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +5.11%
Profit YoY (TTM): -19.34%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 74.97%

Quarter	September 2026	June 2026
Promoter %	74.97%	74.97%

Holder	Type	Holding	Previous	Change
MAHANANDA SUPPLIERS LIMITED	Promoter Group	35.50%	35.50%	0.00%
SUNGROWTH SHARE AND STOCKS LIMITED	Promoter Group	31.83%	31.83%	0.00%
VRINDAVAN ADVISORY SERVICES LLP	Public	9.27%	9.27%	0.00%
ADMIRABLE ADVISORY SERVICES LLP	Public	2.92%	2.92%	0.00%
DEEPAK HOTILAL THAKUR	Public	2.50%	2.50%	0.00%
MUNESH HOTILAL THAKUR	Public	2.33%	2.33%	0.00%
Late Meena Agarwal	Promoter Group	1.20%	1.20%	0.00%
Vaibhav Agarwal	Promoter Group	1.12%	1.12%	0.00%
Sonika Agarwal	Promoter Group	1.10%	1.10%	0.00%
Sachin Kumar Agarwal	Promoter Group	1.06%	1.06%	0.00%
Aakarsh Agarwal	Promoter Group	1.05%	1.05%	0.00%
Chirag Agarwal	Promoter Group	0.94%	0.94%	0.00%
Chandrakanta Agarwal	Promoter Group	0.73%	0.73%	0.00%
Rita Agarwal	Promoter Group	0.16%	0.16%	0.00%
Jugal Kishore Agarwal HUF (Karta- Jugal Kishore Agarwal)	Promoter Group	0.11%	0.11%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Welspun Corp Limited	63,062	2,390.60	26.60	16.70%	+13.62% TTM	+9.55% TTM	+158.46%
APL Apollo Tubes Limited	61,038	2,198.30	46.60	28.20%	+15.83% TTM	+24.90% TTM	+23.52%
Shyam Metalics and Energy Limited S	34,361	1,231.00	58.56	12.00%	+6.12% TTM	+12.47% TTM	+38.81%
Ratnamani Metals & Tubes Ltd	17,199	2,453.80	33.44	16.30%	-16.31% TTM	-8.61% TTM	+0.53%
Jindal Saw Ltd.	16,202	253.35	32.58	10.80%	-0.73% TTM	-55.61% TTM	+48.64%
Usha Martin Ltd.	14,798	485.60	29.16	18.20%	+8.54% TTM	+25.85% TTM	+2.31%
GODAWARI POWER AND ISPAT LTD.	13,845	205.65	17.14	17.90%	+8.43% TTM	+8.78% TTM	-26.21%
GALLANTT ISPAT LIMITED	12,753	528.55	31.30	18.00%	+5.52% TTM	-17.31% TTM	-5.83%
Jayaswal Neco Industries Ltd S	8,906	91.72	12.94	24.20%	+18.34% TTM	+82.81% TTM	+21.19%
Aeroflex Industries Limited	7,504	567.10	83.87	16.50%	+55.03% TTM	+87.04% TTM	+210.65%
Maharashtra Seamless Ltd.	7,450	556.00	10.11	13.00%	-12.21% TTM	-16.12% TTM	-3.03%
Sunflag Iron & Steel Co. Ltd.	7,070	392.30	34.35	3.70%	+9.35% TTM	+4.58% TTM	+48.12%
Shivalik Bimetal Controls Ltd.	6,178	1,072.50	58.24	25.00%	+27.78% TTM	+33.44% TTM	+130.55%
Technocraft Industries (India) Ltd.	6,166	2,719.40	17.69	19.30%	+12.39% TTM	+33.31% TTM	+12.14%
Man Industries (India) Ltd	5,756	767.35	28.17	16.10%	+10.75% TTM	+26.33% TTM	+94.91%
Goodluck India Limited	5,412	542.70	24.86	19.40%	+18.76% TTM	+31.22% TTM	+32.51%
SAMBHV STEEL TUBES LIMITED	4,886	165.80	25.04	17.50%	—	—	+41.23%
Bansal Wire Industries Limited	4,681	59.80	5.97	16.20%	+20.27% TTM	+2.82% TTM	-2.99%
Surya Roshni Ltd.	4,492	206.40	14.41	15.00%	+11.69% TTM	+8.34% TTM	-31.93%
Electrosteel Castings Ltd.	4,241	68.60	35.12	5.10%	-15.69% TTM	-78.91% TTM	-23.36%
Venus Pipes & Tubes Limited S	3,813	1,840.60	40.76	22.80%	+21.73% TTM	+15.01% TTM	+45.10%
Kalyani Steels Ltd	3,774	864.65	13.40	16.20%	-1.11% TTM	+8.01% TTM	+1.58%
Kirloskar Industries Ltd	3,479	3,308.30	10.24	—	+3.82% TTM	-0.15% TTM	-12.15%
Vardhman Special Steels Ltd S	3,454	356.90	21.41	13.50%	+14.75% TTM	+68.58% TTM	+20.94%
Ratnaveer Precision Engineering Limited S	3,192	380.35	41.84	13.30%	+21.02% TTM	+45.53% TTM	—
INCREDIBLE INDUSTRIES LIMITED S	143	30.49	12.10	10.70%	+5.11% TTM	-19.34% TTM	-30.59%

Filings & corporate actions

Recent announcements

Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026.8 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation for Closure of Trading Window22 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Disclosure of Voting results of 47th Annual General Meeting of the Company held on 18th September, 2026.19 Sep 2026 · AGM/EGM / AGM
Disclosure of proceedings of 47th Annual General Meeting of the Company held on 18th September, 2026.18 Sep 2026 · Company Update / Meeting Updates
Disclosure of proceedings of 47th Annual General Meeting of the Company held on 18th September, 2026.18 Sep 2026 · AGM/EGM / AGM
Dispatch of letter to shareholders whose e-mail addresses are not registered with Company/ Registrar & Share Transfer Agent/ Depository Participants.26 Aug 2026 · Company Update / General
Newspaper Publication of notice of 47th Annual General Meeting and Remote E-Voting Information.26 Aug 2026 · Company Update / Newspaper Publication
Submission of 47th Annual Report of the Company for the Financial Year 2025-26 along with notice of 47th Annual General Meeting.25 Aug 2026 · AGM/EGM / AGM
In accordance with Regulation 34 of the SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith 47th Annual Report of the Company for the ....25 Aug 2026 · Others / Reg. 34 (1) Annual Report
Newspaper Publication of notice of 47th Annual General Meeting (AGM) to be held through Video Conferencing/ Other Audio Visual Means (''VC/OAVM'') and information on Book Closure.19 Aug 2026 · Company Update / Newspaper Publication
Newspaper publication of Unaudited Financial Result for the quarter ended 30th June, 2026.11 Aug 2026 · Company Update / Newspaper Publication
Intimation regarding Annual General Meeting of the Company.10 Aug 2026 · AGM/EGM / AGM
Intimation regarding Book Closure date.10 Aug 2026 · Corp. Action / Book Closure
Unaudited Financial Result for the quarter ended 30th June, 2026.10 Aug 2026 · Result / Financial Results
Outcome of Board Meeting of the Company held on today, the 10th August, 2026.10 Aug 2026 · Company Update / Meeting Updates
Outcome of Board Meeting of the Company held on today, the 10th August, 202610 Aug 2026 · Board Meeting / Outcome of Board Meeting
Intimation of Closure of Trading Window of the Company3 Aug 2026 · Insider Trading / SAST / Closure of Trading Window
Incredible Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2026 ,inter alia, to consider and approve Pursuant to Regulation ....3 Aug 2026 · Board Meeting / Board Meeting
Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended June 30, 2026.10 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for external credit rating assigned and reaffirmed to the Company from Acuite ....8 Jul 2026 · Company Update / Credit Rating
Intimation for Closure of Trading Window23 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper publication of Audited Financial Result for the quarter and year ended 31st March, 2026.30 May 2026 · Company Update / Newspaper Publication
Audited Financial Results for the quarter and year ended 31st March, 2026.29 May 2026 · Result / Financial Results
Annual Secretarial Compliance Report for the year ended March 31, 2026.29 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Outcome of Board Meeting of the Company held on today, the 29th May, 2026.29 May 2026 · Company Update / Meeting Updates
Outcome of Board Meeting of the Company held on today, the 29th May, 202629 May 2026 · Board Meeting / Outcome of Board Meeting
Outcome of Board Meeting of the Company held on today, the 29th May, 202629 May 2026 · Board Meeting / Outcome of Board Meeting
Closure of Trading Window of the Company21 May 2026 · Insider Trading / SAST / Closure of Trading Window
Incredible Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve Pursuant to Regulation ....21 May 2026 · Board Meeting / Board Meeting
Withdrawal of Credit rating provided by Infomerics Valuation and Rating Private Limited.30 Apr 2026 · Company Update / Credit Rating
Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.18 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Revision in Credit Rating provided by Infomerics Valuation and Rating Private Limited.13 Apr 2026 · Company Update / Credit Rating
Disclosure pursuant to Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulation, 2015.27 Mar 2026 · Company Update / General
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Chandrakanta Agarwal27 Mar 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for RND Steels Ltd27 Mar 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Intimation for closure of Trading Window23 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Result of Postal Ballot and Remote e-voting11 Feb 2026 · AGM/EGM / Postal Ballot
Result of Postal Ballot and Remote e-voting11 Feb 2026 · AGM/EGM / Postal Ballot
Result of Postal Ballot and Remote e-voting.11 Feb 2026 · AGM/EGM / Postal Ballot
Newspaper Publication of Unaudited Financial Result for the quarter and nine months ended 31st December, 2025.6 Feb 2026 · Company Update / Newspaper Publication

Board meetings

10 Aug 2026 Board Meeting - Financial Results