Incredible Industries Ltd Stock Price Today (NSE: INCREDIBLE)
Fundamental Score
Incredible Industries Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Incredible Industries Ltd share price today is ₹28.58, down 4.97% on NSE/BSE as of 30 March 2026. Incredible Industries Ltd (INCREDIBLE) is a Small-cap company in the Iron & Steel Products sector with a market capitalisation of ₹186.97 (Cr). The 52-week high for INCREDIBLE share price is ₹52.87 and the 52-week low is ₹29.10. At a P/E ratio of 13.28x, INCREDIBLE is currently trading below its industry average P/E of 22.05x. The company has a Return on Equity (ROE) of 8.97% and a debt-to-equity ratio of 0.12.
Incredible Industries Ltd Share Price Chart — NSE/BSE Historical Performance
Returns & Performance
ROE
ROCE
OPM (5Y)
Div Yield
Incredible Industries Ltd Valuation Check
P/E Ratio
Industry P/E
Market Cap
Growth Engine
Profit Growth (Q)
Sales Growth (Q)
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Balance Sheet Health
Debt to Equity
Int. Coverage
Free Cash Flow (5Y)
Shareholding
Promoter
FII
DII
Pledged
Institutional Deep-Dive
Bull Run Research Hub
Is Incredible Share Price a Value Opportunity for Conservative Investors?
In the Iron & Steel Products sector, a key differentiator often overlooked is the efficiency of converting raw materials into finished goods. This directly impacts margins and ultimately shareholder returns. Evaluating the Incredible share price of ₹35.72 reveals certain factors worthy of conservative value investors' attention. We are conducting a thorough, objective analysis based on publicly available information, not offering any buy or sell advice.
At first glance, a PE ratio of 13.28 might appear reasonable compared to the overall market. However, digging deeper into the company's fundamentals is crucial. One metric to assess is Return on Capital Employed (ROCE), which currently stands at 9.73%. While positive, this ROCE suggests the company's ability to generate returns on its invested capital is moderate. A higher ROCE would typically indicate a stronger economic moat and greater competitive advantage.
Compared to its peers, such as
Azad India, understanding the quality of management and their capital allocation decisions becomes paramount. How effectively are they deploying capital to improve ROCE and generate sustainable growth? Is management prioritizing shareholder value or engaging in potentially risky ventures? This fundamental assessment forms a crucial aspect of our 80-parameter audit.The 9.73% ROCE has implications for the long-term sustainability of the business. A company needs a reasonably high ROCE to reinvest earnings effectively and compound shareholder value over time. If the ROCE is consistently low, it may indicate difficulties in maintaining or expanding the company's market share and profitability. The current ROCE may not be sufficient to create a significant competitive advantage. This analysis is part of a rigorous 80-parameter fundamental audit verified by Sweta Mishra, ensuring objectivity and focus on capital safety.
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Incredible Industries Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of INCREDIBLE across key market metrics for learning purposes.
Positive Indicators
8 factors identified
Attractive Valuation (P/E: 13.28 vs Industry: 22.05)
Observation: Trading at discount to industry peers.
Analysis: P/E below industry average may present value opportunity.
Strong Revenue Growth (17.09%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential.
Excellent EPS Growth (65.29% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential.
Strong Profit Growth Track Record (65.29% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model.
Conservative Debt Levels (D/E: 0.12)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (7.26x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Strong Cash Generation (₹53.87 Cr over 5Y)
Observation: Healthy free cash flow generation supports growth and returns.
Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.
Balanced Promoter Holding (74.96%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Risk Factors
6 factors identified
Below-Average Return on Equity (8.97%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Suboptimal ROCE (9.73%)
Observation: Returns on capital employed are below expectations.
Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.
Margin Pressure Concerns (2.72%)
Observation: Operating margins are below industry standards.
Analysis: OPM <5% may indicate pricing pressures or cost management challenges.
Profit Decline Concern (-25.50%)
Observation: Significant year-over-year profit contraction observed.
Analysis: Declining profitability requires investigation into underlying causes.
High Share Pledging Risk (68.03%)
Observation: Significant promoter share pledging creates potential overhang.
Analysis: High pledging levels may create selling pressure during market downturns.
No Dividend Distribution
Observation: Company does not currently pay dividends to shareholders.
Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.
Incredible Industries Ltd Financial Statements
Comprehensive financial data for Incredible Industries Ltd including income statement, balance sheet and cash flow
About INCREDIBLE (Incredible Industries Ltd)
Incredible Industries Ltd is a dynamic force in the Indian iron and steel sector, producing a diverse portfolio of essential construction and manufacturing materials. At the heart ...of their operations lies the creation of high-quality steel products, including robust TMT bars engineered for superior strength and earthquake resistance, alongside versatile wire rods that form the backbone of countless infrastructural projects. Further broadening their reach, Incredible Industries also delivers high-tensile H.B. wires catering to specialized applications, ensuring reliability and durability. Beyond these core offerings, the company provides comprehensive support services, reinforcing their commitment to client satisfaction and establishing them as a trusted partner in the industry. Incredible Industries Ltd's product line extends beyond conventional steel solutions to incorporate a range of specialized offerings. They meticulously craft billets, the semi-finished steel blocks vital for further processing, ensuring consistency and precision. The company also manufactures linkedge, annaling, torkari, and wire nail products, demonstrating their versatility and adaptability to evolving market demands. By embracing innovation and investing in advanced manufacturing processes, Incredible Industries aims to deliver cost-effective solutions that meet the diverse needs of their customer base. Their commitment to quality control throughout the entire production chain ensures consistent and reliable performance across their entire range of products. Beyond their core manufacturing activities, Incredible Industries Ltd also demonstrates a commitment to sustainable practices through renewable energy generation. The company harnesses the power of wind energy, contributing to a greener future and reducing their environmental footprint. Furthermore, their active involvement in export markets allows them to showcase the quality and competitiveness of Indian steel on the global stage. By maintaining a focus on innovation, sustainability, and customer satisfaction, Incredible Industries Ltd aims to remain a leading player in the iron and steel industry, contributing to the growth and development of India's infrastructure and manufacturing sectors.
Company Details
Key Leadership
Latest News
INCREDIBLE Share Price: Frequently Asked Questions
What is the current share price of Incredible Industries Ltd (INCREDIBLE)?
As of 30 Mar 2026, 12:03 pm IST, Incredible Industries Ltd share price is ₹28.58. The INCREDIBLE stock has a market capitalisation of ₹186.97 (Cr) on NSE/BSE.
Is INCREDIBLE share price Overvalued or Undervalued?
INCREDIBLE share price is currently trading at a P/E ratio of 13.28x, compared to the industry average of 22.05x. Based on this relative valuation, the Incredible Industries Ltd stock appears to be Undervalued against its sector peers.
What is the 52-week high and low of INCREDIBLE share price?
The 52-week high of INCREDIBLE share price is ₹52.87 and the 52-week low is ₹29.10. These values are updated daily from NSE/BSE price data.
What factors affect the Incredible Industries Ltd share price?
Key factors influencing INCREDIBLE share price include quarterly earnings growth (Sales Growth: 17.09%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is Incredible Industries Ltd a good stock for long-term investment?
Incredible Industries Ltd shows a 5-year Profit Growth of 65.29% and an ROE of 8.97%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.12 before investing in INCREDIBLE shares.
How does Incredible Industries Ltd compare with its industry peers?
Incredible Industries Ltd competes with major peers in the Iron & Steel Products. Investors should compare INCREDIBLE share price P/E of 13.28x and ROE of 8.97% against the industry averages to determine competitive standing.
What is the P/E ratio of INCREDIBLE and what does it mean?
INCREDIBLE share price has a P/E ratio of 13.28x compared to the industry average of 22.05x. Investors pay ₹13 for every ₹1 of annual earnings.
How is INCREDIBLE performing according to Bull Run's analysis?
INCREDIBLE has a Bull Run fundamental score of 33.2/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.
What sector and industry does INCREDIBLE belong to?
INCREDIBLE operates in the Iron & Steel Products industry. This classification helps understand the competitive landscape and sector-specific trends affecting Incredible Industries Ltd share price.
What is Return on Equity (ROE) and why is it important for INCREDIBLE?
INCREDIBLE has an ROE of 8.97%, which suggests challenges in generating returns from shareholders equity. ROE measures how efficiently Incredible Industries Ltd generates profits from shareholders capital.
How is INCREDIBLE debt-to-equity ratio and what does it indicate?
INCREDIBLE has a debt-to-equity ratio of 0.12, which indicates conservative financing with low financial risk.
What is INCREDIBLE dividend yield and is it a good dividend stock?
INCREDIBLE offers a dividend yield of 0.00%, meaning you receive ₹0.00 annual dividend for every ₹100 invested in Incredible Industries Ltd shares.
How has INCREDIBLE share price grown over the past 5 years?
INCREDIBLE has achieved 5-year growth rates of: Sales Growth 8.73%, Profit Growth 65.29%, and EPS Growth 65.29%.
What is the promoter holding in INCREDIBLE and why does it matter?
Promoters hold 74.96% of INCREDIBLE shares, with 68.03% pledged. High promoter holding often indicates strong management confidence in Incredible Industries Ltd.
What is INCREDIBLE market capitalisation category?
INCREDIBLE has a market capitalisation of ₹187 crores, placing it in the Small-cap category.
How volatile is INCREDIBLE stock?
INCREDIBLE has a beta of N/A. A beta > 1 suggests the Incredible Industries Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is INCREDIBLE operating profit margin trend?
INCREDIBLE has a 5-year average Operating Profit Margin (OPM) of 2.72%, indicating the company's operational efficiency.
How is INCREDIBLE quarterly performance?
Recent quarterly performance shows Incredible Industries Ltd YoY Sales Growth of 17.09% and YoY Profit Growth of -25.50%.
What is the institutional holding pattern in INCREDIBLE?
INCREDIBLE has FII holding of 0.00% and DII holding of 0.00%. Significant institutional holding often suggests professional confidence in the Incredible Industries Ltd stock.