Incredible Industries Ltd

Incredible Industries Ltd

₹ 37.0 1.73%
08 Jun 10:03 a.m.
About

Incorporated in 1979, Incredible Industries does manufacturing and sale of iron and steel related rolled products[1]

Key Points

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

  • Market Cap 173 Cr.
  • Current Price 37.0
  • High / Low 53.4 / 26.0
  • Stock P/E 15.0
  • Book Value 33.6
  • Dividend Yield 0.00 %
  • ROCE 10.6 %
  • ROE 7.62 %
  • Face Value 10.0

Pros

  • Stock is trading at 1.05 times its book value
  • Company has delivered good profit growth of 26.0% 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 11.7% over past five years.
  • Company has a low return on equity of 7.14% 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.

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Quarterly Results

Figures in Rs. Crores

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
208.89 228.18 208.96 158.66 222.35 182.89 181.17 161.87 230.22 219.76 212.13 188.98 219.43
202.16 224.09 205.73 154.28 214.70 177.83 178.08 158.14 220.78 213.23 208.30 184.80 211.25
Operating Profit 6.73 4.09 3.23 4.38 7.65 5.06 3.09 3.73 9.44 6.53 3.83 4.18 8.18
OPM % 3.22% 1.79% 1.55% 2.76% 3.44% 2.77% 1.71% 2.30% 4.10% 2.97% 1.81% 2.21% 3.73%
0.10 1.28 0.26 0.55 0.10 0.11 0.10 0.48 0.07 0.07 0.30 0.71 0.36
Interest 1.31 1.58 1.66 1.50 1.17 1.11 0.82 0.74 0.81 0.41 0.70 0.55 0.88
Depreciation 1.44 1.41 1.42 1.42 1.41 1.34 1.34 1.34 1.33 1.24 1.24 1.19 1.34
Profit before tax 4.08 2.38 0.41 2.01 5.17 2.72 1.03 2.13 7.37 4.95 2.19 3.15 6.32
Tax % 28.43% 44.12% -29.27% 51.24% 39.46% 40.07% -95.15% -42.25% 20.76% 24.85% 31.96% 43.17% 28.48%
2.92 1.33 0.53 0.98 3.12 1.62 2.00 3.03 5.84 3.72 1.49 1.79 4.52
EPS in Rs 0.62 0.28 0.11 0.21 0.67 0.35 0.43 0.65 1.25 0.80 0.32 0.38 0.97
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
411 410 372 478 666 496 484 531 736 816 753 840
373 383 349 453 649 484 469 515 718 797 732 818
Operating Profit 39 27 23 25 17 12 15 17 18 19 21 23
OPM % 9% 7% 6% 5% 3% 2% 3% 3% 2% 2% 3% 3%
1 1 1 1 1 0 0 0 0 2 1 1
Interest 20 19 17 15 9 5 4 6 5 6 4 3
Depreciation 3 3 4 4 4 6 6 6 6 6 5 5
Profit before tax 16 5 3 7 5 1 5 6 7 10 13 17
Tax % 32% 54% 34% 30% 28% 23% 34% 40% 31% 40% 6% 31%
11 2 2 5 4 1 4 4 5 6 12 12
EPS in Rs 2.30 0.49 0.49 1.04 0.81 0.22 0.78 0.76 1.05 1.28 2.67 2.46
Dividend Payout % -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: 7%
5 Years: 12%
3 Years: 5%
TTM: 12%
Compounded Profit Growth
10 Years: 18%
5 Years: 26%
3 Years: 33%
TTM: -8%
Stock Price CAGR
10 Years: -7%
5 Years: 5%
3 Years: 15%
1 Year: -20%
Return on Equity
10 Years: 4%
5 Years: 6%
3 Years: 7%
Last Year: 8%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 47 47 47 47 47 47 47 47 47 47 47 47
Reserves 54 56 58 63 67 68 71 75 80 86 98 110
105 72 90 72 34 23 41 48 49 43 23 34
93 96 81 103 55 29 34 32 33 34 26 30
Total Liabilities 299 270 276 285 203 166 193 202 209 210 194 221
55 57 54 50 47 47 42 46 43 38 32 26
CWIP 2 -0 -0 -0 -0 0 -0 -0 0 5 11 35
Investments 0 0 0 0 0 -0 -0 -0 -0 -0 -0 -0
242 213 222 235 156 119 151 155 166 167 150 160
Total Assets 299 270 276 285 203 166 193 202 209 210 194 221

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
27 53 -2 34 42 25 -13 20 10 24 37 10
-1 -3 -0 1 5 -6 -1 -11 -3 -4 -4 -36
-29 -51 3 -33 -47 -21 14 -9 -7 -13 -22 9
Net Cash Flow -3 -0 -0 2 -0 -3 0 -0 1 7 11 -18
Free Cash Flow 25 49 -3 34 42 19 -14 10 8 18 31 -13
CFO/OP 78% 217% -5% 134% 244% 216% -77% 137% 73% 143% 193% 61%

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 67 73 86 67 42 28 40 25 14 20 21 14
Inventory Days 129 85 101 84 33 45 28 37 27 25 29 24
Days Payable 75 68 60 44 10 13 7 12 9 9 7 7
Cash Conversion Cycle 121 90 127 107 66 60 61 50 32 36 42 31
Working Capital Days 55 51 57 62 51 55 76 71 51 40 39 37
ROCE % 18% 13% 11% 12% 9% 4% 7% 7% 7% 9% 10% 11%

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 (%)
Installed Capacity - Rolling Mill
Metric Tonnes Per Annum (MTPA)
Captive Wind Power Capacity
MW
Number of SKUs Maintained
Count
Upcoming Installed Capacity - SMS Unit (Brownfield Project)
Tonnes Per Annum (TPA)

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

6 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
74.96% 74.96% 74.96% 74.96% 74.96% 74.96% 74.96% 74.96% 74.96% 74.96% 74.96% 74.97%
25.04% 25.04% 25.05% 25.04% 25.05% 25.05% 25.03% 25.04% 25.04% 25.04% 25.04% 25.04%
No. of Shareholders 6,7526,6426,5616,1756,2496,7187,2867,4507,5557,3347,2657,188

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