In ₹ Crore except Per Share Latest Annual	INCREDIBLE FY26	SHAHALLOYS FY26	MWL FY26	RUDRA FY26	Peer Average
Valuation — at last close
P/E	11.57×	◆ 1.30×	2.25×	13.64×	5.73× +102%
P/B	0.87×	1.25×	◆ 0.38×	1.33×	0.99× -11%
EV/EBITDA	6.78×	40.59×	◆ 3.79×	8.63×	17.67× -62%
Market Cap	₹137 Cr	₹140 Cr	₹113 Cr	₹185 Cr	₹146 Cr -6%
Growth
Revenue CAGR 3Y	◆ 4.30%	-60.96%	—	—	-60.96% +107%
Revenue CAGR 5Y	◆ 11.21%	-40.55%	—	—	-40.55% +128%
Net Income CAGR 3Y	32.89%	—	—	—	—
Revenue YoY (latest Q)	-3.06%	-98.72%	◆ 14.68%	—	-42.02% +93%
Net Income YoY (latest Q)	6.66%	-87.31%	◆ 18.71%	—	-34.30% +119%
Profitability
EBITDA Margin	2.70%	◆ 13.36%	7.52%	5.93%	8.94% -70%
Net Income Margin	1.37%	◆ 289.05%	4.15%	2.17%	98.46% -99%
Return on Common Equity	7.62%	◆ 205.85%	18.03%	9.75%	77.88% -90%
Return on Capital Employed	10.74%	-2.71%	◆ 23.23%	18.94%	13.15% -18%
Return on Assets	5.54%	◆ 53.56%	6.41%	3.33%	21.10% -74%
Credit & Quality
Total Debt/Equity	◆ 0.21×	0.56×	0.76×	0.97×	0.76× -72%
Interest Coverage	◆ 6.97×	-0.44×	2.19×	2.40×	1.38× +404%
Scale — latest FY
Revenue / Total Income	₹840 Cr	₹37.3 Cr	₹1,208 Cr	₹623 Cr	₹623 Cr +35%
Net Income	₹11.5 Cr	₹108 Cr	₹50.1 Cr	₹13.5 Cr	₹57.1 Cr -80%
Total Assets	₹221 Cr	₹208 Cr	₹929 Cr	₹406 Cr	₹514 Cr -57%
EPS	₹2.54	₹54.42	₹16.87	₹1.35	₹24.21 -90%
Book Value per Share	₹33.6	₹56.76	₹100.9	₹13.82	₹57.16 -41%

◆ best value in the comp set per metric · Δ = subject vs average of the other companies.

« ‹ › »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%.