Incredible Industries Limited (INCREDIBLE) AI Stock Analysis

• Market Cap: ₹2.10B
• Dividend Yield: N/A
• Average Volume (3M): 2.30K
• Price to Earnings (P/E): 14.4
• Beta (1Y): 0.59
• Revenue Growth: 2.61%
• EPS Growth: 133.15%
• Country: IN
• Employees: 194
• Sector: Consumer Goods
• Sector Strength: N/A
• Industry: Steel
• EPS (TTM): 0.79
• Shares Outstanding: 46,763,752
• 10 Day Avg. Volume: 2,268
• 30 Day Avg. Volume: 2,301
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ₹48.00
• Price Target Upside: 7.02% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 74 Outperform
• Price Target: ₹48.00 ▲(7.02% Upside)

Incredible Industries Limited has a strong financial foundation with a solid balance sheet and positive cash flow trends. Technical indicators support a bullish outlook, with the stock trading above key moving averages. The valuation is reasonable, though the lack of a dividend yield may deter some investors. The absence of earnings call data and corporate events does not impact the score.

Incredible Industries Limited Business Overview & Revenue Model

Company Description

Incredible Industries Limited (INCREDIBLE) is a diversified conglomerate operating across various sectors, including technology, manufacturing, and renewable energy. The company is renowned for its innovative solutions and sustainable practices, providing a range of products and services from cutting-edge software and hardware technologies to eco-friendly manufacturing processes and renewable energy solutions.

How the Company Makes Money

INCREDIBLE makes money through a multi-faceted revenue model that includes the sale of its proprietary technology products, licensing of its software solutions, and revenue from manufacturing contracts. The company also generates substantial income from its renewable energy projects, including solar and wind farms, which sell electricity to national grids and private entities. Key revenue streams include direct sales, licensing fees, and long-term energy supply agreements. Strategic partnerships with technology firms and government bodies further enhance its revenue potential by opening up new markets and securing large-scale contracts.

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. While there are areas of concern in revenue consistency and net profit margins, the company maintains a solid equity base and manageable debt levels. Continued focus on improving profitability and cash conversion will be key to sustaining growth and financial health.

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 2022	Dec 2022	Dec 2021
Income Statement
Total Revenue	7.48B	7.56B	8.20B	5.36B	7.41B	4.93B
Gross Profit	586.77M	468.45M	584.09M	490.11M	520.50M	560.97M
EBITDA	203.19M	220.77M	212.89M	171.99M	181.88M	155.28M
Net Income	97.69M	124.87M	59.68M	35.61M	49.07M	36.27M
Balance Sheet
Total Assets	0.00	1.94B	2.10B	2.02B	2.09B	1.93B
Cash, Cash Equivalents and Short-Term Investments	30.59M	202.83M	76.09M	22.00K	107.63M	1.64M
Total Debt	0.00	231.09M	432.09M	476.02M	491.48M	410.03M
Total Liabilities	-1.36B	488.10M	774.34M	799.38M	826.26M	750.83M
Stockholders Equity	1.36B	1.45B	1.33B	1.22B	1.27B	1.18B
Cash Flow
Free Cash Flow	0.00	283.21M	184.96M	99.14M	79.05M	-137.98M
Operating Cash Flow	0.00	343.25M	238.29M	196.13M	104.09M	-126.21M
Investing Cash Flow	0.00	-49.05M	-41.43M	-108.70M	-25.85M	-9.36M
Financing Cash Flow	0.00	-188.42M	-127.61M	-89.05M	-71.52M	135.80M

Incredible Industries Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 44.85
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:INCREDIBLE, the sentiment is Positive. The current price of 44.85 is above the 20-day moving average (MA) of 40.53, above the 50-day MA of 41.13, and above the 200-day MA of 41.28, indicating a bullish trend. The MACD of 0.45 indicates Negative momentum. The RSI at 60.59 is Neutral, neither overbought nor oversold. The STOCH value of 87.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:INCREDIBLE.

Incredible Industries Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INCREDIBLE	74 Outperform	₹2.10B	14.38		―	2.61%	133.15%
Sector *	57 Neutral	$3.18B	7.69	-34.32%	3.09%	-25.56%	-353.61%
CAPRIHANS	―	₹1.88B	―		―	―	―
RPPL	64 Neutral	₹1.56B	15.96		0.16%	18.96%	113.59%
INDIANCARD	50 Neutral	₹1.51B	5.55		―	-17.38%	-62.57%
TAINWALCHM	―	₹1.95B	28.75		1.40%	―	―
UMANGDAIRY	52 Neutral	$1.89B	312.72		―	-20.29%	-54.86%

Incredible Industries Limited Corporate Events

Incredible Industries Ensures Regulatory Compliance with SEBI Submission

Incredible Industries Limited has submitted a confirmation certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ending March 31, 2025. This submission, processed through their Registrar and Share Transfer Agent, Maheshwari Datamatics Private Limited, ensures compliance with regulatory requirements, reflecting the company’s commitment to maintaining transparency and adherence to financial regulations.