Incredible Industries Ltd

Materials / Iron & Steel

₹00.984

INCREDIBLE

Company Overview

Incredible Industries Limited was formerly incorporated on August 23, 1979, in the name of Adhunik Industries Limited. The company name was changed from Adhunik Industries Limited to Incredible Industries Limited on May 6, 2021. Over its decades-long journey in the steel sector, the company has evolved into a leading rolled products manufacturer in the domestic iron & steel industry.

The company is engaged in the manufacturing of steel-related rolled products such as TMT, Wire rods, and H.B. Wire, and provides related services. Beyond its core steel operations, the company is also involved in the generation of electricity through Wind Power, showcasing its commitment to renewable energy initiatives.

Business Operations and Manufacturing

The company's manufacturing plant is located in Durgapur, West Bengal, situated in the industrially rich belt, providing access to raw materials and essential transportation networks for steel manufacturing operations.

It has been producing high-quality TMT Bar, Wire Rod, and HB Wire for over five decades, earning a trusted name across various user industries. The company's extensive experience in steel manufacturing has enabled it to build strong relationships within the industry ecosystem. Incredible Industries sources its raw materials from nearby plants and maintains strong associations with many renowned suppliers for its raw material requirements.

Market Presence and Reach

Incredible Industries enjoys a strong presence in Eastern and North-Eastern India, with an expanding footprint across other parts of the country. This geographical expansion strategy allows the company to tap into diverse markets and customer segments nationwide. It plays an active role in supporting India's booming infrastructure, real estate, and engineering industries.

The company operates with a focus on sustainable manufacturing practices, highly committed to reducing its environmental impact through innovative processes. This environmental consciousness aligns with modern industrial standards and regulatory requirements.

Financial Performance and Market Position

Key Financial Metrics (as of May 27, 2025)

- Market Capitalisation: ₹186.59 Crore

- PE Ratio: 18.57 (as of May 20, 2025)

- PB Ratio: 0.75 (as of May 20, 2025)

- 52-Week High: ₹63.62

- 52-Week Low: ₹28.50

Recent Financial Results

The company has shown varying performance across different quarters. Net profit of Incredible Industries rose 209.18% to ₹3.03 crore in the quarter ended December 2024, compared to ₹0.98 crore in the quarter ended December 2023. Sales increased by 2.02% to ₹161.87 crore in the quarter ended December 2024, against ₹158.66 crore during the previous quarter ended December 2023.

For the September 2024 quarter, Net profit rose 277.36% to ₹2.00 crore compared to ₹0.53 crore in the quarter ended September 2023. Sales declined 13.30% to ₹181.17 crore in the quarter ended September 2024, as against ₹208.96 crore during the previous quarter ended September 2023.

Stock Information and Trading Details

- BSE: 538365

- NSE: INCREDIBLE

- ISIN: INE452L01012

The stock is actively traded on both major Indian exchanges and is accessible to retail and institutional investors. As on May 27, 2025, Incredible Industries Ltd (INCREDIBLE)'s share price on NSE is ₹40.30.

Management and Corporate Structure

- Chairman: RAMA SHANKAR GUPTA

- Company Secretary: Bharat Agarwal

Promoter holding in Incredible Industries Ltd has remained stable at 74.96% as of March 2025, compared to 74.96% as of June 2024. This stable promoter holding indicates strong management confidence and commitment to the company's long-term vision.

Industry Position and Competitive Landscape

Incredible Industries Ltd (INCREDIBLE) belongs to the Materials sector and the Iron & Steel sub-sector. The company operates in a highly competitive steel industry landscape, competing with both large integrated steel players and specialized manufacturers. Over the last 5 years, revenue has grown at a yearly rate of 4.1%, compared to the industry average of 9.87%. Over the same period, market share decreased from 0.13% to 0.1%.

The steel industry in India is experiencing significant growth driven by infrastructure development, urbanization, and industrial expansion. Incredible Industries' positioning in this sector, particularly with its focus on TMT bars and wire rods, places it in segments crucial for construction and infrastructure projects across the country.

Office Information :

Address:

SF-B-02, Art Guild House, Phoenix Market City, LBS Marg, Kurla (West), Mumbai – 400070.

Office Timings:

Mon–Fri | 9:30 AM to 6:30 PM

Phone Number:

18002104545

Email:

info@allvest.co

Company Details

Broking services are offered by Allvest Securities Private Limited (Allvest). Registered and Corporate Office address is Unit No. 2, Second Floor, B Wing, Art Guild House, Phoenix Market City, Kurla West, Mumbai – 400070. Contact: 18002104545. CIN: U66120MH2025PTC440678
Allvest is registered as Stock Broker with SEBI having Registration number: INZ000330839 and is registered as Trading Cum Self Clearing Member with National Stock Exchange of India Ltd and NSE Clearing Ltd (Member Code: 90469), as a Trading Member with BSE Ltd (Member Code :6973), as a Trading Member with Multi Commodity Exchange of India Limited (Member Code :57650). Allvest is also registered with SEBI as a Depository Participant having Registration No.: IN-DP-837-2026 and with NSDL having DP ID: IN304949
Name of Compliance Officer/Principal Officer: Mr. Amit Bansal, E-mail: complianceofficer.aspl@allvest.co
For any Client query relating to Stock Broking/DP operations, please call on 18002104545 or write to support@allvest.co.

For any Client Grievance relating to Stock Broking/DP operations, please write to grievance.aspl@allvest.co.
Allvest is a registered as a Distributor with Association of Mutual Funds in India (AMFI) having registration no. ARN346229 (Valid till 24/11/2028) and Association of Portfolio Managers in India (APMI) having registration no. APRN08247 (Valid till 12/01/2027).
Allvest also acts as a Third Party Distributor for various financial products which includes PMS, AIF, Mutual Funds, IPO, NCD, Offer for Sale (OFS) etc. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism.
Pursuant to SEBI Circular Number SEBI/MRD/SEC/Cir-42/2003 dated November 19, 2003, clients are hereby informed that Allvest may also undertake proprietary trades in the cash and derivatives segment with Exchanges.
Investments in securities market are subject to market risks, read all the investment related documents carefully before investing.
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determine the merits and risks of such investment. Past performance is not necessarily a guide to future performance.
Trading Accounts would be opened after all procedure relating to client registration, IPV and client due diligence is completed.
Margin Trading facility is offered by Allvest in terms of the provisions of SEBI Circular CIR/MRD/DP/54/2017 dated June 13, 2017, and the terms and conditions mentioned in rights and obligations statement issued.
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- Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 01, 2020.
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Procedure to file a complaint on SEBI SCORES: Register on SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances. You may refer the website https://scores.sebi.gov.in/ for more information. You may also download the SEBI Scores app to log a complaint Android: https://play.google.com store apps sebiscores iOS: https://apps.apple.com app sebiscores.

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Advisory for Investors

It has been observed that certain fraudsters have been sending investors bulk messages on the pretext of providing investment tips and luring the investors to invest in bogus entities by promising huge profits. Investors are advised not to act on the basis of such SMS tips without adequate due diligence. Investors are advised to take an informed investment decision based on authentic sources. Investors are advised to invest after conducting appropriate analysis of respective companies and not to blindly follow rumours, tips etc.
Clients/Investors to abstain them from dealing in any schemes of unauthorised collective investments / portfolio management, indicative/ guaranteed/fixed returns / payments etc.

KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund, etc...), you need not undergo the same process again when you approach another intermediary. Clients are required to ensure the following 6 KYC attributes are updated for their Demat and Trading account: Name, Address, PAN, Valid Mobile Number, Valid E-mail ID, and Income Range at all times
Prevent unauthorized transactions in your account. Update your mobile numbers/email IDs with your stockbrokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day.... Issued in the interest of Investors
ASBA - No need to issue cheques while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investors account.

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List Of KMP

Mr. Jay Manoj Desai

Designated Director

7718004533 ceo.aspl@allvest.co

Mr. Amit Bansal

Designated Director /
Compliance Officer

7718004533 complianceofficer.aspl@allvest.co

Sr. No

Name of KMP

Designation

Mobile Number

Email ID

Mr. Jay Manoj Desai

Designated Director

18002104545

ceo.aspl@allvest.co

Mr. Amit Bansal

Designated Director /
Compliance Officer

18002104545

complianceofficer.aspl@allvest.co

Escalation Matrix

Level 1 - If issue of client stands unresolved in 10 days, Client can contact the Compliance Officer for redressal of issues by sending email at grievance.aspl@allvest.co or can call on 18002104545 between 9:30 a.m. to 6:00 p.m.
Level 2 - If client is not satisfied with the resolution provided through the Level 1 method of handling complaint, the investor / client can escalate the issues to the next higher level i.e. to the Designated Director of ASPL. Such escalation can be made by writing email to the Designated Director at ceo.aspl@allvest.co.
Level 3 - If client is still aggrieved and not satisfied with the resolution of its Complaint than Client can approach respective Exchange to lodge their compliant. Further Client may also lodge its complaint at SEBI SCORES Portal.

*Investment in the securities market is subject to market risk. Read all related documents carefully before investing.