INCREDIBLE INDUSTRIES enterprise value

Share price at each year-end

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	—	—	—	—
32.9	32.9	1.3	28.3	39.7
₹36.42	—	—	—	—

190	190	165	169	167
17.3%	17.3%	11.8%	21.3%	24.2%
0.19×	—	—	—	—

0.20×	—	—	—	—
7.43×	—	—	—	—
9.37×	—	—	—	—
834	840	756	818	741
22.9	22.7	21.3	19.3	17.8
18.2	17.7	15.9	13.7	12.1
—	9.6	37.3	23.8	10.4
−13.3	−13.3	31.3	18.5	7.9
—	−14.1	31.1	16.1	6.2
—	22.9	6.0	5.3	2.5

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From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.

alphave

INCREDIBLE₹29.39

INCREDIBLE INDUSTRIES LIMITED

· Capital Goods & Defence

₹ CrorePeersSHAHALLOYS MWL RUDRA VSTL VMSTMT SMLT HISARMETAL ZENITHSTLMcap ₹137 Cr

HighlightsEnterprise Value Multiples Per ShareAnnuals · FY-end closes

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	—	—	—	—	137.4
- 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	—	—	—	—	170.3
Net Debt (memo)	39.7	28.3	1.3	32.9	32.9
EV per Share	—	—	—	—	36.42

Total Capital	167.0	168.5	164.7	190.1	190.1
Total Debt/Total Capital	24.18	21.32	11.84	17.35	17.35
Total Debt/EV	—	—	—	—	0.19

EV/Sales	—	—	—	—	0.20
EV/EBITDA	—	—	—	—	7.43
EV/EBIT	—	—	—	—	9.37
Reference Items — Trailing FY Values
Sales	740.6	818.2	756.1	840.3	833.6
EBITDA	17.8	19.3	21.3	22.7	22.9
EBIT	12.1	13.7	15.9	17.7	18.2
Operating Cash Flow	10.4	23.8	37.3	9.6	—
Free Cash Flow	7.9	18.5	31.3	-13.3	-13.3
FCFF (free cash flow to the firm)	6.2	16.1	31.1	-14.1	—
Capital Expenditure	2.5	5.3	6.0	22.9	—

Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · StandaloneFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.