Incon Engineers Ltd
Incorporated in 1970, Incon Engineers Ltd manufactures Chemical process equipment and agricultural Equipment[1]
- Market Cap ₹ 6.40 Cr.
- Current Price ₹ 14.8
- High / Low ₹ 17.7 / 9.31
- Stock P/E
- Book Value ₹ -1.25
- Dividend Yield 0.00 %
- ROCE -64.2 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 0.00% over past five years.
- Company has high debtors of 417 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.59 | 0.73 | 0.51 | 0.18 | 0.88 | 0.50 | 0.21 | 2.46 | 1.21 | 0.13 | 0.00 | 0.21 | 0.41 | |
| 0.58 | 0.85 | 0.71 | 0.52 | 0.89 | 0.72 | 0.54 | 1.72 | 1.30 | 0.68 | 0.66 | 0.69 | 0.84 | |
| Operating Profit | 0.01 | -0.12 | -0.20 | -0.34 | -0.01 | -0.22 | -0.33 | 0.74 | -0.09 | -0.55 | -0.66 | -0.48 | -0.43 |
| OPM % | 1.69% | -16.44% | -39.22% | -188.89% | -1.14% | -44.00% | -157.14% | 30.08% | -7.44% | -423.08% | -228.57% | -104.88% | |
| 0.08 | 0.03 | 0.09 | 0.10 | 0.09 | 0.12 | 0.12 | 0.15 | 0.14 | 0.22 | 0.24 | 0.16 | 0.17 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.08 | 0.03 | 0.00 | 0.03 | 0.07 | 0.08 |
| Depreciation | 0.05 | 0.06 | 0.05 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.00 |
| Profit before tax | 0.04 | -0.15 | -0.16 | -0.27 | 0.05 | -0.12 | -0.23 | 0.79 | 0.00 | -0.35 | -0.47 | -0.41 | -0.34 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 8.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | ||
| 0.04 | -0.14 | -0.16 | -0.27 | 0.05 | -0.13 | -0.24 | 0.79 | -0.01 | -0.36 | -0.47 | -0.41 | -0.34 | |
| EPS in Rs | 0.09 | -0.32 | -0.37 | -0.62 | 0.12 | -0.30 | -0.55 | 1.83 | -0.02 | -0.83 | -1.09 | -0.95 | -0.78 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -12% |
| 5 Years: | 0% |
| 3 Years: | -44% |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -22% |
| 3 Years: | % |
| TTM: | 28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 29% |
| 3 Years: | -4% |
| 1 Year: | -12% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.71 | 5.71 | 5.71 | 5.71 | 5.71 | 5.71 | 5.71 | 5.71 | 5.71 | 5.71 | 5.71 | 5.71 | 5.71 |
| Reserves | -4.75 | -4.90 | -5.06 | -5.30 | -5.27 | -5.40 | -5.61 | -4.82 | -4.82 | -5.18 | -5.66 | -6.07 | -6.25 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 | 1.75 | 0.00 | 0.11 | 0.52 | 0.85 | 0.90 | |
| 0.24 | 0.27 | 0.23 | 0.41 | 0.43 | 0.45 | 0.88 | 1.40 | 0.31 | 0.22 | 0.18 | 0.46 | 0.23 | |
| Total Liabilities | 1.20 | 1.08 | 0.88 | 0.82 | 0.87 | 0.76 | 1.23 | 4.04 | 1.20 | 0.86 | 0.75 | 0.95 | 0.59 |
| 0.79 | 0.69 | 0.65 | 0.62 | 0.59 | 0.57 | 0.55 | 0.55 | 0.53 | 0.51 | 0.49 | 0.47 | 0.47 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.41 | 0.39 | 0.23 | 0.20 | 0.28 | 0.19 | 0.68 | 3.49 | 0.67 | 0.35 | 0.26 | 0.48 | 0.12 | |
| Total Assets | 1.20 | 1.08 | 0.88 | 0.82 | 0.87 | 0.76 | 1.23 | 4.04 | 1.20 | 0.86 | 0.75 | 0.95 | 0.59 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.07 | 0.09 | -0.02 | -0.02 | 0.12 | -0.13 | -0.29 | -1.38 | 1.85 | -0.17 | -0.46 | -0.43 | |
| 0.00 | -0.02 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | -0.01 | 0.00 | 0.03 | 0.00 | 0.13 | |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 | 1.48 | -1.84 | 0.11 | 0.40 | 0.29 | |
| Net Cash Flow | -0.07 | 0.07 | -0.02 | -0.01 | 0.12 | -0.13 | -0.04 | 0.09 | 0.01 | -0.03 | -0.06 | -0.01 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 35.00 | 7.16 | 0.00 | 0.00 | 0.00 | 0.00 | 381.32 | 57.31 | 84.23 | 417.14 | |
| Inventory Days | 730.00 | 112.31 | 84.23 | 1,460.00 | 13.04 | 56.15 | 125.35 | 7.16 | 91.25 | 1,338.33 | ||
| Days Payable | 252.69 | 56.15 | 112.31 | 547.50 | 26.07 | 84.23 | 77.42 | 35.78 | 182.50 | 365.00 | ||
| Cash Conversion Cycle | 477.31 | 91.15 | -20.92 | 912.50 | -13.04 | -28.08 | 0.00 | 429.25 | 28.69 | -7.02 | 1,390.48 | |
| Working Capital Days | 55.68 | -20.00 | -100.20 | -385.28 | -124.43 | -211.70 | -295.48 | 304.17 | 81.45 | 280.77 | -1,373.10 | |
| ROCE % | 4.26% | -11.30% | -21.92% | -50.94% | 11.76% | -32.00% | -69.70% | 58.19% | 1.70% | -45.75% | -72.73% | -64.15% |
Documents
Announcements
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Report On Re-Lodgement Of Transfer Requests Of Physical Shares Under Special Window
9 Dec - No physical-share transfer re-lodgement requests received under SEBI special window as of Dec 6, 2025.
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Announcement Under Regulation 30 (LODR)
11 Nov - Published extract of unaudited results for quarter ended 30.09.2025; advertisement dated 11.11.2025.
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Submission Of Report On Re-Lodgment Of Transfer Requests Of Physical Shares Under Special Window
10 Nov - SEBI special-window re-lodgement report: zero physical share transfer requests received/processed/approved/rejected as of Nov 7-10, 2025.
- Financial Result For The Quarter Ended On 30Th September, 2025 10 Nov
-
Board Meeting Outcome for Outcome Of Board Meeting
10 Nov - Unaudited Q2 results (30 Sep 2025); H1 loss ₹18.26 lakh before tax; limited review.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1]
IEL is a design and consultancy organization which manufactures Industrial and Medical Gas, Ultra-fine Grinding of powders, Fluid Energy Mills, etc. Company has undertaken projects viz.
a) Design and manufacture of India's largest Medium Pressure Carbide-to-water Acetylene Generator (125Cu.M/hr).
b) Design and manufacture of Nitrous Oxide Plants for Medical use.
c) Design and manufacture of largest Hot Air Generator having capacity of 40 Lac K Cal/hr.