Incredible Industries Limited (INCREDIBLE) AI Stock Analysis

• Market Cap: ₹2.05B
• Dividend Yield: N/A
• Average Volume (3M): 11.11K
• Price to Earnings (P/E): 14.1
• Beta (1Y): 0.53
• Revenue Growth: 10.59%
• EPS Growth: 82.10%
• Country: IN
• Employees: 194
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Steel
• EPS (TTM): 0.32
• Shares Outstanding: 46,763,752
• 10 Day Avg. Volume: 1,455
• 30 Day Avg. Volume: 11,111
• PEG Ratio: 0.13
• Price to Book (P/B): 1.19
• Price to Sales (P/S): 0.23
• P/FCF Ratio: 6.09
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: ₹43.00 ▲(4.47% Upside)

The overall stock score of 60 reflects a stable financial position with a strong balance sheet and cash flow generation. However, bearish technical indicators and concerns about revenue consistency and net profit margins weigh down the score. The reasonable valuation provides some support, but the lack of a dividend yield may deter certain investors.

Positive Factors

Cash Generation Ability

Strong free cash flow growth indicates robust cash generation from operations, enabling future investments and debt servicing, supporting long-term business stability.

Balance Sheet Health

A strong balance sheet with a solid equity base and prudent leverage enhances financial stability and provides flexibility for strategic initiatives.

EPS Growth

Substantial EPS growth reflects improved profitability and operational efficiency, enhancing shareholder value and supporting long-term growth prospects.

Negative Factors

Revenue Growth Consistency

Inconsistent revenue growth suggests potential market or operational challenges, which may hinder sustained expansion and affect long-term performance.

Net Profit Margin Volatility

Volatile net profit margins indicate challenges in maintaining consistent profitability, which could impact financial predictability and investor confidence.

Operating Cash Flow Consistency

Inconsistent operating cash flow conversion may signal inefficiencies in cash management, potentially affecting liquidity and investment capacity.

Incredible Industries Limited Business Overview & Revenue Model

Company Description

Incredible Industries Limited (INCREDIBLE) is a diversified company operating across various sectors, including technology, consumer goods, and renewable energy. The company focuses on developing innovative products and services that enhance everyday life, with a commitment to sustainability and quality. Core offerings include advanced consumer electronics, eco-friendly household products, and cutting-edge renewable energy solutions designed to meet the evolving needs of modern consumers and businesses alike.

How the Company Makes Money

INCREDIBLE generates revenue through a multi-faceted model that includes direct sales of consumer products, subscription services for its technology platforms, and long-term contracts in the renewable energy sector. Key revenue streams consist of retail sales through both physical and online channels, partnerships with major retailers, and licensing agreements for its proprietary technology. Additionally, INCREDIBLE has established significant partnerships with environmental organizations and government bodies that facilitate funding and incentives, contributing to its earnings from renewable energy projects.

Incredible Industries Limited Financial Statement Overview

Summary

Incredible Industries Limited demonstrates a stable financial position with strengths in its balance sheet and cash flow generation. However, there are concerns about revenue consistency and net profit margins, which need improvement for sustained growth.

Income Statement

Incredible Industries Limited shows a mixed performance in its income statement. The gross profit margin has been relatively stable, reflecting efficient cost management. However, the net profit margin has been volatile due to fluctuating net income, indicating potential challenges in maintaining consistent profitability. Revenue growth has been inconsistent, with a notable decline in the latest year, suggesting market or operational challenges. The EBIT and EBITDA margins show some improvement, but the overall profitability needs strengthening.

Balance Sheet

The balance sheet of Incredible Industries Limited is relatively strong, with a solid equity base as indicated by a high equity ratio. The debt-to-equity ratio is manageable, suggesting prudent leverage. Return on equity has improved, reflecting better utilization of equity to generate profits. However, the company should monitor its debt levels to ensure long-term financial stability.

Cash Flow

Cash flow analysis reveals a positive trend in operating cash flow, indicating good cash generation from core operations. Free cash flow has shown significant growth, which is a positive sign for future investments and debt servicing. However, the operating cash flow to net income ratio indicates some inconsistency in converting income into cash, which could be a concern if not addressed.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	7.93B	7.56B	8.20B	7.41B	5.36B	4.93B
Gross Profit	591.05M	468.45M	584.09M	520.50M	494.74M	570.73M
EBITDA	235.07M	220.77M	212.89M	180.19M	171.99M	155.28M
Net Income	145.82M	124.87M	59.68M	49.07M	35.61M	36.27M
Balance Sheet
Total Assets	0.00	1.94B	2.10B	2.09B	2.02B	1.93B
Cash, Cash Equivalents and Short-Term Investments	202.83M	202.83M	76.09M	6.74M	22.00K	1.64M
Total Debt	0.00	231.09M	432.09M	491.48M	476.02M	410.03M
Total Liabilities	-1.45B	488.10M	774.34M	826.26M	799.38M	750.83M
Stockholders Equity	1.45B	1.45B	1.33B	1.27B	1.22B	1.18B
Cash Flow
Free Cash Flow	0.00	283.21M	184.96M	79.05M	99.14M	-137.98M
Operating Cash Flow	0.00	343.25M	238.29M	104.09M	196.13M	-126.21M
Investing Cash Flow	0.00	-49.05M	-41.43M	-25.85M	-108.70M	-9.36M
Financing Cash Flow	0.00	-188.42M	-127.61M	-71.52M	-89.05M	135.80M

Incredible Industries Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 41.16
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:INCREDIBLE, the sentiment is Negative. The current price of 41.16 is below the 20-day moving average (MA) of 44.43, below the 50-day MA of 45.38, and above the 200-day MA of 40.86, indicating a neutral trend. The MACD of -0.87 indicates Positive momentum. The RSI at 42.03 is Neutral, neither overbought nor oversold. The STOCH value of 30.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:INCREDIBLE.

Incredible Industries Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RPPL	63 Neutral	₹1.37B	12.11	―	―	10.14%	73.18%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
INCREDIBLE	60 Neutral	₹2.05B	14.09	―	―	10.59%	82.10%
INDIANCARD	47 Neutral	₹1.50B	6.02	―	―	-10.80%	-66.88%

Incredible Industries Limited Corporate Events

Incredible Industries Announces Trading Window Closure Ahead of Financial Results

Incredible Industries Limited has announced the closure of its trading window as per SEBI regulations, in anticipation of a board meeting scheduled for November 14, 2025. This meeting will discuss and approve the unaudited financial results for the quarter and half-year ending September 30, 2025. The trading window closure impacts designated persons and their immediate relatives, restricting their ability to trade in the company’s securities until 48 hours after the financial results are declared.