AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Meeting Updates 18 Sep - 47th AGM held on 18 Sep 2026; shareholders approved audited results, auditor appointment, and related-party transaction.
Source: Bse
INCREDIBLE INDUSTRIES LIMITED (INCREDIBLE)
Small CapConsumer stocks · Small cap · NSE
INCREDIBLE INDUSTRIES LIMITED operates in Steel, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 04:45 am ISTDetails
Quote21 Oct, 04:45 am IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 01:08 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Consumer P/E 22.2 (n=441)
Technical timing lens
Trend score and candlestick chart
27Bearishfull bear SMA stack · SMA20 -3.2% / mo · MACD − · near 52W low · sector -3.7pp vs Nifty 500 (3M)
Stock trend: 20
Sector RS: 36
Sector 3M: -9.3% vs Nifty 500 -5.6%
Consumer FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
INCREDIBLED candles · FIT view-11.8%Latest close ₹30.66 on 2026-10-19
Bar
-4.1%
RSI
44
MACD hist
-0.07
52W pos
13%
2026-10-19O ₹31.98H ₹31.98L ₹30.10C ₹30.66Vol 7,544 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
INCREDIBLENifty Consumer DurablesNifty 500
- INCREDIBLE
- -5.5%
- Nifty 500
- -5.6%
- Nifty Consumer Durables
- -9.7%
- Vs Nifty 500
- +0.1 pp
Chart stats
19 Oct 2026- From 52W high
- -37.2%
- 52W range position
- 12%
- ATR (14)
- 5.7%
- Volume vs 20D
- 1.08x
- Avg traded value
- ₹0 Cr
- 20D price channel
- ₹29.6 - ₹34
₹48.9
₹28.1 - ₹48.9
₹1.7
Latest completed session
20-session average
39.6% annualized volatility
Research snapshot
What the evidence says now
Investable fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · UNDERVALUED61
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue -3.1% · PAT +6.5% YoY
Technical
Bearish27
Price trend and sector-relative-strength timing.
Valuation
Legacy model+63.5%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence66
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100Rev -3% YoY · margin compression · PAT +6% YoY · operating leverage
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹213 Cr | -3.1% | -2.9% |
| EBITDA | ₹6.7 Cr | +2.9% | -17.8% |
| Operating margin | 3.1% | +18 bps | -58 bps |
| PAT | ₹4 Cr | +6.5% | -12.4% |
| PAT margin | 1.9% | +17 bps | -20 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 12.00
- P/B
- 0.94
- EV/EBITDA
- 6.25
- Market Cap
- 141.00Cr
Profitability
- ROE
- 7.23%
- ROCE
- 10.40%
- ROA
- 5.43%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 12.00%
- EPS 5Y
- 25.00%
- Revenue 3Y
- 4.00%
- EPS 3Y
- 31.00%
Balance Sheet
- Debt/Equity
- 0.22
- Interest Coverage
- 7.67×
- Altman Z
- 5.62
- Book Value
- 33.60
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 9/5
- OCF
- 10.00 Cr
- EPS TTM
- 2.52
Shareholding
- Promoter Hold
- 74.97%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 22%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 838+11.3% vs prev
Net Profit
₹ CrLatest: 12.0+0.0% vs prev
Return on Equity
%Latest: 7.6-7.7% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 44.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~3.3% over last month) — short-term momentum negative.
- RSI(14) at 44 — sideways, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 36% off 52W high · 9% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
30
RS percentile
Stage 4 Downtrend
1M return
-5.3%
3M return
-5.5%
6M return
-13.7%
1Y return
-30.2%
RS 1D
+2
RS 20D
+1
Sector rank
#9
Industry rank
-
Stage evidence
- Price is 8.2% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -0.8%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 69-0.23%
RS vs Nifty 50069
Valuation & peers
U-Score 61 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 61 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Deep Value
Fundamental score breakdown
U band · UNDERVALUEDValuation26/30
Growth21/25
Quality2/20
Balance Sheet11/15
Cash Flow4/10
Piotroski
7/9 (+5)
Penalties
-8
Raw sum
61
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
61/100 · legacy band UNDERVALUED
Positive drivers
- Piotroski is strong at 7/9.
- Fair-value margin of safety is positive at 63.5%.
- Valuation contributes 26/30 to the score.
Main drags
- Penalty bucket subtracts 8 points.
- Quality is weaker at 2/20; verify the latest quarterly trend.
- Cash flow is weaker at 4/10; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
12.0
PB
0.9
EV/EBITDA
6.3
ROE
7.2%
ROCE
10.4%
FCF Yield
—
Debt/Equity
0.2
MoS
+63.5%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
61
Previous: 61
Legacy U-Score band
UNDERVALUED
Previous: UNDERVALUED
Margin of safety
+63.5%
Previous: +63.5%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
61
61
61
61
61
61
61
61
61
61
61
61
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹43.65
+29.8% MoS
Growth-justified P/E
33.3
Growth-justified Value
₹83.92
+63.5% MoS
PEG
0.44
Comparable companies
Peers
Business-comparable peers in Consumer — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
TIIL
Small
Technocraft Industries (India) Limited
Steel Products
match 30
60
18.8
15.3%
+57%
UNDERVALUED
ANKITMETAL
Small
Ankit Metal & Power Limited
Metals / Mining
match 21
0
—
-65.2%
—
OVERVALUED
LAGNAM
Small
Lagnam Spintex Limited
Textiles
match 19
59
5.1
11.2%
+82%
FAIR VALUE
SHBAJRG
Small
Shri Bajrang Alliance Limited
Agro Processing
match 19
53
3.3
12.3%
+84%
FAIR VALUE
SRTL
Small
Shree Ram Twistex Limited
Textiles
match 18
53
10.0
10.4%
+59%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
INCREDIBLE INDUSTRIES LIMITED operates in Steel, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
66Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 49th percentile of the scored universe and 52nd percentile within Consumer. Main check: results consistency is weak at 35/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
3 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
49th percentile
overall median 67 · Consumer: 52nd pctile, median 66 · Small: 54th pctile, median 66
Evidence depth
Financial-only
3 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
67
acceptable · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
44
weak · capital discipline
Results
35
weak · quarterly consistency
Trust positives
- ▸Promoter holding is 75%.
- ▸Promoter pledge is zero.
- ▸9 years of positive FCF.
- ▸OPM spread across recent quarters is 2.4%.
Trust risks
- ▸2 latest quarters had PAT decline worse than 25% YoY.
- ▸ROE is low at 7.2%.
- ▸1/4 latest quarters had positive YoY PAT growth.
- ▸Profit margin is 2.8%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching INCREDIBLE INDUSTRIES LIMITED
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportSep 2026
Sep 2026 · Dispatch Of Letter To Shareholders Whose E-Mail Addresses Are Not Registered With Company/ Registrar & Share Transfer Agent/ Depository Participants. 26 Aug - 47th AGM on 18 September 2026 via VC/OAVM; annual report and notice available online.
Source: Bse
Annual reportSep 2026
Sep 2026 · Submission Of 47Th Annual Report Of The Company For The Financial Year 2025-26 Along With Notice Of 47Th Annual General Meeting 25 Aug - Submitted FY2025-26 annual report and AGM notice; AGM on 18 September 2026 via VC/OAVM.
Source: Bse
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Meeting Updates 10 Aug - Board approved Q1 FY27 results, fixed AGM on 18 September 2026, and appointed new statutory auditor.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 26 Aug - Newspaper Publication of notice of 47th Annual General Meeting and Remote E-Voting Information.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 19 Aug - Newspaper Publication of notice of 47th Annual General Meeting (AGM) to be held through Video Conferencing/ Other Audio Visual Means (''VC/OAVM'') and information on Book …
Source: Bse
Credit ratingJul 2026
Jul 2026 · Announcement under Regulation 30 (LODR)-Credit Rating 8 Jul - Acuite assigned BBB Stable rating on 105 crore term loan and reaffirmed other 42 crore facilities on 07 July 2026.
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Aug - Newspaper publication of Unaudited Financial Result for the quarter ended 30th June, 2026.
Source: Bse
AnnouncementMay 2026
May 2026 · Announcement under Regulation 30 (LODR)-Meeting Updates 29 May - Board approved audited FY26 results on 29 May 2026; no dividend recommended.
Source: Bse
AnnouncementMay 2026
May 2026 · Board Meeting Outcome for Outcome Of Board Meeting Of The Company Held On Today The 29Th May 2026 29 May - Board approved audited FY26 results on 29 May 2026; no dividend recommended, audit opinion unmodified.
Source: Bse
Credit ratingApr 2026
Apr 2026 · Announcement under Regulation 30 (LODR)-Credit Rating 30 Apr - Infomerics withdrew Incredible Industries’ bank facility ratings on 30 April 2026 at company request.
Source: Bse
Credit ratingApr 2026
Apr 2026 · Announcement under Regulation 30 (LODR)-Credit Rating 13 Apr - IVRPL downgraded Incredible Industries' bank facilities on 10 April 2026 to IVR BBB-/A3, issuer not cooperating.
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.