Incredible Industries Ltd
Incorporated in 1979, Incredible Industries does manufacturing and sale of iron and steel related rolled products[1]
- Market Cap ₹ 151 Cr.
- Current Price ₹ 33.0
- High / Low ₹ 53.4 / 30.0
- Stock P/E 11.8
- Book Value ₹ 32.2
- Dividend Yield 0.00 %
- ROCE 9.73 %
- ROE 8.97 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 1.03 times its book value
- Company has delivered good profit growth of 65.3% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 8.73% over past five years.
- Company has a low return on equity of 5.94% over last 3 years.
* 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 Products Iron & Steel 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 441 | 411 | 410 | 372 | 478 | 666 | 496 | 484 | 531 | 736 | 816 | 753 | 851 | |
| 406 | 373 | 383 | 349 | 453 | 649 | 484 | 469 | 515 | 718 | 797 | 732 | 827 | |
| Operating Profit | 35 | 39 | 27 | 23 | 25 | 17 | 12 | 15 | 17 | 18 | 19 | 21 | 24 |
| OPM % | 8% | 9% | 7% | 6% | 5% | 3% | 2% | 3% | 3% | 2% | 2% | 3% | 3% |
| 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | 1 | 1 | |
| Interest | 26 | 20 | 19 | 17 | 15 | 9 | 5 | 4 | 6 | 5 | 6 | 4 | 2 |
| Depreciation | 4 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 6 | 6 | 6 | 5 | 5 |
| Profit before tax | 6 | 16 | 5 | 3 | 7 | 5 | 1 | 5 | 6 | 7 | 10 | 13 | 18 |
| Tax % | 28% | 32% | 54% | 34% | 30% | 28% | 23% | 34% | 40% | 31% | 40% | 6% | |
| 4 | 11 | 2 | 2 | 5 | 4 | 1 | 4 | 4 | 5 | 6 | 12 | 13 | |
| EPS in Rs | 0.93 | 2.30 | 0.49 | 0.49 | 1.04 | 0.81 | 0.22 | 0.78 | 0.76 | 1.05 | 1.28 | 2.67 | 2.75 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 9% |
| 3 Years: | 12% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 65% |
| 3 Years: | 52% |
| TTM: | 31% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -9% |
| 5 Years: | 9% |
| 3 Years: | 17% |
| 1 Year: | 1% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 5% |
| 3 Years: | 6% |
| Last Year: | 9% |
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 | 47 | 47 | 47 | 47 | 47 | 47 | 47 | 47 | 47 | 47 | 47 | 47 | 47 |
| Reserves | 43 | 54 | 56 | 58 | 63 | 67 | 68 | 71 | 75 | 80 | 86 | 98 | 104 |
| 115 | 105 | 72 | 90 | 72 | 34 | 23 | 41 | 48 | 49 | 43 | 23 | 18 | |
| 47 | 93 | 96 | 81 | 103 | 55 | 29 | 34 | 32 | 33 | 34 | 26 | 26 | |
| Total Liabilities | 252 | 299 | 270 | 276 | 285 | 203 | 166 | 193 | 202 | 209 | 210 | 194 | 194 |
| 56 | 55 | 57 | 54 | 50 | 47 | 47 | 42 | 46 | 43 | 38 | 32 | 30 | |
| CWIP | 3 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 11 | 13 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 194 | 242 | 213 | 222 | 235 | 156 | 119 | 151 | 155 | 166 | 167 | 150 | 152 | |
| Total Assets | 252 | 299 | 270 | 276 | 285 | 203 | 166 | 193 | 202 | 209 | 210 | 194 | 194 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 39 | 27 | 53 | -2 | 34 | 42 | 25 | -13 | 20 | 10 | 24 | 37 | |
| -2 | -1 | -3 | -0 | 1 | 5 | -6 | -1 | -11 | -3 | -4 | -4 | |
| -36 | -29 | -51 | 3 | -33 | -47 | -21 | 14 | -9 | -7 | -13 | -22 | |
| Net Cash Flow | 0 | -3 | -0 | -0 | 2 | -0 | -3 | 0 | -0 | 1 | 7 | 11 |
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 | 64 | 67 | 73 | 86 | 67 | 42 | 28 | 40 | 25 | 14 | 20 | 21 |
| Inventory Days | 69 | 129 | 85 | 101 | 84 | 33 | 45 | 28 | 37 | 27 | 25 | 29 |
| Days Payable | 34 | 75 | 68 | 60 | 44 | 10 | 13 | 7 | 12 | 9 | 9 | 7 |
| Cash Conversion Cycle | 99 | 121 | 90 | 127 | 107 | 66 | 60 | 61 | 50 | 32 | 36 | 42 |
| Working Capital Days | 49 | 55 | 51 | 57 | 62 | 51 | 55 | 76 | 71 | 51 | 40 | 39 |
| ROCE % | 15% | 18% | 13% | 11% | 12% | 9% | 4% | 7% | 7% | 7% | 9% | 10% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Production Volume - Rolled Products Metric Tonnes (MT) |
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| Capacity Utilization - Rolling Mill Percentage (%) |
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| Installed Capacity - Rolling Mill Metric Tonnes Per Annum (MTPA) |
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| Captive Wind Power Capacity MW |
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| Number of SKUs Maintained Count |
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| Upcoming Installed Capacity - SMS Unit (Brownfield Project) Tonnes Per Annum (TPA) |
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Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 11 Feb
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 11 Feb
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Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot
11 Feb - Appointed Mr. Raj Prakash Verma (DIN 09305391) as Non-Executive Director; postal ballot passed Feb 10, 2026.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
6 Feb - Newspaper Publication of Unaudited Financial Result for the quarter and nine months ended 31st December, 2025.
- Un-Audited Financial Result For The Quarter And Nine Months Ended 31St December, 2025. 5 Feb
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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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
from bse
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Financial Year 2011
from bse
Business Overview:[1][2][3]
IIL (Formerly Adhunik Industries Limited) is an ISO- 9001:2015, 14001:2015 & OHSAS 45001:2018 certified Iron and Steel company. It manufactures rolled products, mainly thermo-mechanically treated bars, rounds and wire rods in Kolkata. Further, company is also involved in generation of electricity through Wind Power