| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 213 | 220 | −3.1% |
| EBITDA | 6.7 | 6.5 | +3.0% |
| EBITDA margin | 3.2% | 3.0% | +0.2 pts |
| Profit before tax | 5.3 | 4.9 | +7.1% |
| Net profit | 4.0 | 3.7 | +6.7% |
| EPS | ₹0.87 | ₹0.80 | +8.7% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 137 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 0.1 | 0.1 | 18.2 | 7.6 | 0.7 | ||
| 33.0 | 33.0 | 19.5 | 35.9 | 40.4 | ||
| 170 | — | — | — | — | ||
| 834 | 840 | 756 | 818 | 741 | ||
| — | +11.1% | −7.6% | +10.5% | — | ||
| 22.9 | 22.7 | 21.3 | 19.3 | 17.8 | ||
| 2.7% | 2.7% | 2.8% | 2.4% | 2.4% | ||
| 18.2 | 17.7 | 15.9 | 13.7 | 12.1 | ||
| 11.8 | 11.5 | 12.5 | 6.0 | 4.9 | ||
| 1.4% | 1.4% | 1.7% | 0.7% | 0.7% | ||
| ₹2.52 | ₹2.46 | ₹2.67 | ₹1.28 | ₹1.05 | ||
| — | −7.8% | +109.2% | +21.6% | — | ||
| — | 9.6 | 37.3 | 23.8 | 10.4 | ||
| — | −22.9 | −6.0 | −5.3 | −2.5 | ||
| −13.3 | −13.3 | 31.3 | 18.5 | 7.9 | ||
From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 137.3 | |
| - Cash, Equiv & ST Investments | 0.7 | 7.6 | 18.2 | 0.1 | 0.1 | |
| + Total Debt | 40.4 | 35.9 | 19.5 | 33.0 | 33.0 | |
| Enterprise Value | — | — | — | — | 170.2 | |
| Revenue | 740.6 | 818.2 | 756.1 | 840.3 | 833.6 | |
| Growth %, YoY | — | +10.5 | -7.6 | +11.1 | — | |
| EBITDA | 17.8 | 19.3 | 21.3 | 22.7 | 22.9 | |
| Margin % | 2.40 | 2.37 | 2.82 | 2.70 | 2.75 | |
| EBIT | 12.1 | 13.7 | 15.9 | 17.7 | 18.2 | |
| Net Income | 4.9 | 6.0 | 12.5 | 11.5 | 11.8 | |
| Margin % | 0.66 | 0.73 | 1.65 | 1.37 | 1.41 | |
| EPS, Adj (current shares) | 1.05 | 1.28 | 2.67 | 2.46 | 2.52 | |
| Growth %, YoY | — | +21.6 | +109.2 | -7.8 | — | |
| Cash from Operations | 10.4 | 23.8 | 37.3 | 9.6 | — | |
| Capital Expenditures | -2.5 | -5.3 | -6.0 | -22.9 | — | |
| Free Cash Flow | 7.9 | 18.5 | 31.3 | -13.3 | -13.3 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
INCREDIBLE INDUSTRIES (NSE: INCREDIBLE) had a market capitalisation of ₹140 crore at the 30 October 2026 close (₹29.96 a share), a PE ratio of 11.9 on the last four quarters' profit and a price-to-book ratio of 0.89. In FY26 its consolidated net profit was ₹11.5 crore on revenue of ₹840 crore; in Q1 FY27 (April–June 2026) it was ₹4 crore, up 6.7% year on year. Its debt-to-equity ratio was 0.21 on 31 March 2026. Promoters held 74.96% of the shares on 30 September 2026.
INCREDIBLE INDUSTRIES's PE ratio is 11.9 at the 30 October 2026 close (₹29.96 a share): a market capitalisation of ₹140 crore divided by consolidated net profit of ₹11.8 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹11.5 crore) it is 12.2.
INCREDIBLE INDUSTRIES's price-to-book (PB) ratio is 0.89 at the 30 October 2026 close: a market capitalisation of ₹140 crore divided by shareholders' equity (book value) of ₹157 crore on 31 March 2026. That is a book value of ₹33.60 per share against a share price of ₹29.96.
INCREDIBLE INDUSTRIES's book value per share was ₹33.60 on 31 March 2026: shareholders' equity of ₹157 crore divided by the 4.68 crore shares in issue, up 8.2% from ₹31.06 a year earlier. The share price at the 30 October 2026 close was ₹29.96.
INCREDIBLE INDUSTRIES's market capitalisation was ₹140 crore at the 30 October 2026 close: 4.68 crore shares at ₹29.96 each.
No. INCREDIBLE INDUSTRIES had borrowings of ₹33 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.21. Its cash and current investments were ₹16.3 crore, so its net debt was ₹16.7 crore.
INCREDIBLE INDUSTRIES's basic earnings per share (EPS) were ₹2.54 in FY26, against ₹2.70 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹2.61.
INCREDIBLE INDUSTRIES's debt-to-equity ratio was 0.21 on 31 March 2026: borrowings of ₹33 crore against total equity of ₹157 crore. A year earlier, on 31 March 2025, it was 0.13.
INCREDIBLE INDUSTRIES's net worth — shareholders' equity in its consolidated balance sheet — was ₹157 crore on 31 March 2026, up 8.2% from ₹145 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹140 crore at the 30 October 2026 close.
Promoters held 74.96% of INCREDIBLE INDUSTRIES on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, INCREDIBLE INDUSTRIES's return on equity (ROE) was 7.6% and its return on capital employed (ROCE) was 10.7%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 9.0% and ROCE 10.8%.
On FY26 consolidated figures, against Shah Alloys, Mangalam Worldwide and Rudra Global Infra Products: INCREDIBLE INDUSTRIES's operating margin of 2.1% is the third highest of the four (Shah Alloys −4.2%, Mangalam Worldwide 6.7%, Rudra Global Infra Products 5.2%; peer average 2.5%); its return on equity of 7.6% is the lowest of the four (Shah Alloys 205.9%, Mangalam Worldwide 18.0%, Rudra Global Infra Products 9.8%; peer average 77.9%).
At the 30 October 2026 closing prices, on FY26 net profit, INCREDIBLE INDUSTRIES's PE ratio is 12.2, the second highest of the four: Shah Alloys 1.3, Mangalam Worldwide 2.2 and Rudra Global Infra Products 13.1, a peer average of 5.5. Each is the company's market capitalisation at that price divided by its FY26 net profit.
On 30 September 2026, INCREDIBLE INDUSTRIES's shares were held by promoters 74.96% and retail and other non-institutional investors 25.04%.
In FY26, INCREDIBLE INDUSTRIES generated ₹9.6 crore of cash from operations and spent ₹22.9 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹13.3 crore. In FY25 it was ₹31.3 crore.
INCREDIBLE INDUSTRIES has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
INCREDIBLE INDUSTRIES's latest results are for Q1 FY27 (April–June 2026), filed on 10 August 2026: consolidated net profit ₹4 crore, up 6.7% from ₹3.7 crore in Q1 FY26; revenue from operations ₹213 crore, down 3.1% year on year.
In FY26 (April 2025–March 2026), INCREDIBLE INDUSTRIES's consolidated net profit was ₹11.5 crore, down 7.8% from ₹12.5 crore in FY25, on revenue from operations of ₹840 crore (up 11.1%). Over three years, from FY23, net profit was up 134.7%.
In FY26, INCREDIBLE INDUSTRIES earned net profit of ₹11.5 crore on revenue of ₹840 crore, against ₹108 crore on ₹37.3 crore for Shah Alloys. INCREDIBLE INDUSTRIES's operating margin was 2.1% (Shah Alloys −4.2%) and its return on equity 7.6% (Shah Alloys 205.9%). At the 30 October 2026 close, INCREDIBLE INDUSTRIES's market capitalisation was ₹140 crore against ₹141 crore for Shah Alloys, and its PE ratio on FY26 profit 12.2 against 1.3.
From INCREDIBLE INDUSTRIES's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.