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INCREDIBLE INDUSTRIES LIMITEDINCREDIBLECorporate

Steel - Medium / Small Latest results: Mar 2026 13 quarters of data
₹31.05
MCap ₹145 Cr · P/E 12.6
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🏭 Metal sector
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹219 Cr
Sales · Mar 2026
-4.7% YoY
₹8 Cr
Operating Profit · Mar 2026
-13.3% YoY
3.7%
OPM % · Mar 2026
-9.8% YoY
₹5 Cr
Net Profit · Mar 2026
-22.6% YoY
₹0.97
EPS · Mar 2026
-22.4% YoY

📝 INCREDIBLE INDUSTRIES LIMITED — results explained

Quarter ended March 2026 (Q4 FY26)

INCREDIBLE INDUSTRIES LIMITED reported revenue of ₹219 crore for the quarter ended March 2026 (Q4 FY26), down 4.7% from ₹230 crore in the same quarter last year, and up 16.1% sequentially over the December 2025 quarter.

Net profit fell 22.6% year-on-year to ₹5 crore, from ₹6 crore. Earnings per share (EPS) came in at ₹0.97.

Operating profit stood at ₹8 crore — an operating margin (OPM) of 3.7%, compared with 4.1% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, INCREDIBLE INDUSTRIES LIMITED posted revenue of ₹840 crore, a growth of 11.1% over FY25, with a net profit of ₹12 crore (down 7.8% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹840 crore with a net profit of ₹12 crore.

Valuation snapshot

At the current price of ₹31.05, INCREDIBLE has a market capitalisation of ₹145 crore and a trailing P/E of about 12.6.

Within the Steel - Medium / Small industry, it is the 25th-largest of the 56 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 74.96%, public shareholders 25.04% of INCREDIBLE INDUSTRIES LIMITED.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹145 Cr
Current Price ?
₹31.1
P/E ?
12.60below ind
Industry P/E ?
20.50
P/B ?
0.92
P/S ?
0.17
P/FCF ?
-11.17
Enterprise Value ?
₹179 Cr
EV/EBITDA ?
7.89
PEG ?
0.38
Earnings Yield ?
9.9%
Dividend Yield ?
0.00%
Profitability & Returns
Sales (TTM) ?
₹840 Cr
OPM ?
2.7%
Profit after tax (TTM) ?
₹12 Cr
EPS (TTM) ?
₹2.46
ROCE ?
11.0%
ROE ?
7.3%
ROA ?
5.2%
Growth
Sales — latest qtr ?
₹219 Cr
PAT — latest qtr ?
₹5 Cr
YoY qtr sales growth ?
-4.7%
YoY qtr profit growth ?
-22.6%
Sales growth (3y) ?
5%
Sales growth (5y) ?
12%
Profit growth (3y) ?
33%
Profit growth (5y) ?
26%
Financial Health
Debt ?
₹34 Cr
Debt to Equity ?
0.22
Interest Coverage ?
7.0
Current Ratio ?
N/A
Ownership
Promoter holding ?
74.96%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
-6.4%
Return 6 months ?
-14.8%

🗓️ Quarterly results (13 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026 YoY % QoQ %
Sales 209228209159222183181162230220212189219 -4.7% +16.1%
Operating Profit 7434853497448 -13.3% +95.7%
Other Income 0101000000010 +414.3% -49.3%
Interest 1222111110111 +8.6% +60.0%
Depreciation 1111111111111 +0.8% +12.6%
Profit Before Tax 4202531275236 -14.2% +100.6%
Net Profit 3111322364125 -22.6% +152.5%
EPS 0.620.280.110.210.670.350.430.651.250.800.320.380.97 -22.4% +155.3%
OPM % 3.2% 1.8% 1.5% 2.8% 3.4% 2.8% 1.7% 2.3% 4.1% 3.0% 1.8% 2.2% 3.7% -9.8% +68.2%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹756 Cr ₹840 Cr ₹840 Cr +11.1%
Operating Profit ₹21 Cr ₹23 Cr ₹23 Cr +6.6%
OPM % 2.82% 2.70% 2.70% -4.3%
NPM % 1.65% 1.37% 1.37% -17.0%
Other Income ₹1 Cr ₹1 Cr ₹1 Cr +89.5%
Depreciation ₹5 Cr ₹5 Cr ₹5 Cr -6.4%
Interest ₹3 Cr ₹3 Cr ₹3 Cr -27.0%
EBIT ₹16 Cr ₹18 Cr ₹18 Cr +10.9%
PBT ₹13 Cr ₹17 Cr ₹17 Cr +25.4%
Tax — — — —
Net Profit ₹12 Cr ₹12 Cr ₹12 Cr -7.8%
EPS ₹2.68 ₹2.47 ₹2.47 -7.8%
Material Cost — — — —
Employee Cost — — — —
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 47474747 +0.0%
Reserves 808698110 +12.2%
Borrowings 49432334 +47.8%
Other Liabilities 33342630 +15.4%
Total Liabilities 209210194221 +13.9%
Fixed Assets 43383226 -18.8%
CWIP 051135 +218.2%
Investments 0000 —
Other Assets 166167150160 +6.7%
Total Assets 209210194221 +13.9%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
CFO/OP 73%143%193%61% -68.4%
Cash from Operating Activity 10243710 -73.0%
Cash from Investing Activity -3-4-4-36 -800.0%
Cash from Financing Activity -7-13-229 +140.9%
Net Cash Flow 1711-18 -263.6%
Free Cash Flow 81831-13 -141.9%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 14202114 -33.3%
Inventory Days 27252924 -17.2%
Days Payable 9977 +0.0%
Cash Conversion Cycle 32364231 -26.2%
Working Capital Days 51403937 -5.1%
ROCE % 7%9%10%11% +10.0%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 74.96%74.96%74.96%74.97%74.96% -0.0%
Public 25.04%25.04%25.04%25.04%25.04% +0.0%
No. of Shareholders 7,5557,3347,2657,1887,118 -1.0%

⚖️ Peer comparison

Industry: Steel - Medium / Small · top 25 of 56 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 NSLNISP NMDC Steel ₹42.65 12,499 135.8 13,939 84 10.8% 0.6% 60.4% 102.5% 8.8% 94.3%
2 MAHSEAMLES Maharashtra Seamless ₹713.65 9,563 13.0 4,620 737 15.0% 16.0% -12.0% -9.8% -4.7% 15.7%
3 SUNFLAG Sunflag Iron ₹443.60 7,995 38.8 3,995 206 11.9% 5.1% 11.4% 25.0% 5.5% 4.8%
4 AEROFLEX Aeroflex Industries ₹565.00 7,477 109.5 503 67 23.4% 13.4% 17.3% 5.6% 73.1% 168.5%
5 TIIL Technocraft Industries ₹3,180.20 7,210 21.2 2,931 349 18.2% 11.9% 6.3% 11.6% 27.2% 67.3%
6 MANINDS Man Industries ₹865.65 6,493 31.5 3,875 204 13.7% 5.3% 1.7% 11.4% 41.9% 122.4%
7 GOODLUCK Goodluck India ₹526.15 5,247 8.7 4,404 210 10.0% 4.8% 4.2% 10.1% 30.9% 67.4%
8 BANSALWIRE Bansal Wire ₹308.10 4,823 9.0 4,388 531 8.5% 12.1% 18.6% 276.0% 24.4% -47.9%
9 DEEDEV DEE Development ₹634.65 4,775 54.6 1,213 81 16.9% 6.6% 38.1% 78.8% 31.6% 22.4%
10 KSL Kalyani Steels ₹957.20 4,189 15.8 1,867 264 19.7% 14.2% -6.9% 0.6% 4.9% 10.6%
11 VENUSPIPES Venus Pipes ₹1,962.30 4,065 39.1 1,211 104 16.3% 8.6% 21.7% 9.2% 16.1% 5.6%
12 VSSL Vardhman Special ₹398.45 3,852 26.9 1,807 144 10.6% 8.0% -0.5% 31.9% 12.0% 105.9%
13 JTLIND JTL INDUSTRIES ₹87.38 3,435 28.8 2,314 122 8.2% 5.3% 11.5% 4.4% 32.7% 113.7%
14 RATNAVEER Ratnaveer Precision ₹343.70 2,885 42.6 1,119 67 18.2% 6.0% 19.8% 36.2% 18.9% 20.0%
15 INTERARCH Interarch Building ₹1,700.60 2,860 20.7 1,639 139 11.5% 8.5% 7.3% 28.6% 20.6% 0.9%
16 PENIND Pennar Industries ₹187.68 2,533 17.8 3,645 142 12.4% 3.9% 12.2% 15.7% 2.9% 10.7%
17 RAJRATAN Rajratan Global ₹457.40 2,322 29.1 1,228 80 12.3% 6.5% 23.8% 21.2% 28.9% 64.0%
18 PRAKASH Prakash Industries ₹117.24 2,100 6.7 3,474 313 15.0% 9.0% -13.3% -6.2% -0.5% -21.7%
19 MSPL MSP Steel ₹33.33 1,889 49.7 2,958 38 6.2% 1.3% -2.1% 217.0% 16.2% 22.1%
20 MAHASTEEL Mahamaya Steel ₹1,115.00 1,832 183.1 943 10 2.6% 1.1% 10.1% 26.3% 29.3% 22.6%
21 HITECH Hi-Tech Pipes ₹75.00 1,520 20.3 4,821 75 3.8% 1.6% 36.9% 4.2% 78.5% -4.2%
22 MANAKCOAT Manaksia Coated ₹130.80 1,395 32.3 897 41 9.4% 4.5% 13.2% 164.5% 4.9% 0.7%
23 STEELXIND STEEL EXCHANGE ₹10.36 1,321 40.3 1,029 31 13.0% 3.1% -7.4% 2.6% -10.1% 46.9%
24 MWL Mangalam Worldwide ₹42.77 1,270 22.9 1,292 55 9.5% 4.2% 13.9% 72.1% 13.7% 25.6%
25 INCREDIBLE INCREDIBLE INDUSTRIES ₹33.17 155 13.4 840 12 2.7% 1.4% 11.1% -7.8% -4.7% -22.6%
❓ Frequently asked questions
What was INCREDIBLE INDUSTRIES LIMITED's revenue in Q4 FY26?
INCREDIBLE INDUSTRIES LIMITED reported revenue of ₹219 crore for the quarter ended March 2026 (Q4 FY26), down 4.7% from ₹230 crore in the same quarter last year, and up 16.1% sequentially over the December 2025 quarter.
What was INCREDIBLE INDUSTRIES LIMITED's net profit in Q4 FY26?
Net profit fell 22.6% year-on-year to ₹5 crore, from ₹6 crore. Earnings per share (EPS) came in at ₹0.97.
What is INCREDIBLE's market capitalisation and P/E ratio?
At the current price of ₹31.05, INCREDIBLE has a market capitalisation of ₹145 crore and a trailing P/E of about 12.6.
Who owns INCREDIBLE INDUSTRIES LIMITED? (shareholding pattern)
As of Sep 2026, promoters held 74.96%, public shareholders 25.04% of INCREDIBLE INDUSTRIES LIMITED.
TTM ends 2026-03-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI