INCREDIBLE INDUSTRIES LIMITED (INCREDIBLE) - Net Assets
Based on the latest financial reports, INCREDIBLE INDUSTRIES LIMITED (INCREDIBLE) has net assets worth Rs1.51 Billion INR (≈ $16.28 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs1.94 Billion ≈ $21.02 Million USD) and total liabilities (Rs437.98 Million ≈ $4.74 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how tangible is INCREDIBLE INDUSTRIES LIMITED's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs1.51 Billion |
| % of Total Assets | 77.46% |
| Annual Growth Rate | 4.52% |
| 5-Year Change | 22.97% |
| 10-Year Change | 41.44% |
| Growth Volatility | 3.01 |
INCREDIBLE INDUSTRIES LIMITED - Net Assets Trend (2013–2025)
This chart illustrates how INCREDIBLE INDUSTRIES LIMITED's net assets have evolved over time, based on quarterly financial data. See INCREDIBLE INDUSTRIES LIMITED (INCREDIBLE) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for INCREDIBLE INDUSTRIES LIMITED (2013–2025)
The table below shows the annual net assets of INCREDIBLE INDUSTRIES LIMITED from 2013 to 2025. For live valuation and market cap data, see INCREDIBLE INDUSTRIES LIMITED market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs1.45 Billion ≈ $15.71 Million |
+9.53% |
| 2024-03-31 | Rs1.33 Billion ≈ $14.34 Million |
+4.72% |
| 2023-03-31 | Rs1.27 Billion ≈ $13.69 Million |
+4.03% |
| 2022-03-31 | Rs1.22 Billion ≈ $13.16 Million |
+3.05% |
| 2021-03-31 | Rs1.18 Billion ≈ $12.77 Million |
+3.19% |
| 2020-03-31 | Rs1.14 Billion ≈ $12.38 Million |
+0.73% |
| 2019-03-31 | Rs1.14 Billion ≈ $12.29 Million |
+3.46% |
| 2018-03-31 | Rs1.10 Billion ≈ $11.88 Million |
+4.61% |
| 2017-03-31 | Rs1.05 Billion ≈ $11.35 Million |
+2.24% |
| 2016-03-31 | Rs1.03 Billion ≈ $11.11 Million |
+2.26% |
| 2015-03-31 | Rs1.00 Billion ≈ $10.86 Million |
+11.83% |
| 2014-03-31 | Rs898.00 Million ≈ $9.71 Million |
+5.09% |
| 2013-03-31 | Rs854.50 Million ≈ $9.24 Million |
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Equity Component Analysis
This analysis shows how different components contribute to INCREDIBLE INDUSTRIES LIMITED's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 153.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs982.31 Million | 67.63% |
| Common Stock | Rs467.64 Million | 32.20% |
| Other Comprehensive Income | Rs2.56 Million | 0.18% |
| Total Equity | Rs1.45 Billion | 100.00% |
INCREDIBLE INDUSTRIES LIMITED Competitors by Market Cap
The table below lists competitors of INCREDIBLE INDUSTRIES LIMITED ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LQwD FinTech Corp
V:LQWD
|
$17.54 Million |
|
Carawine Resources Ltd
AU:CWX
|
$17.54 Million |
|
Genus PLC
LSE:GNS
|
$17.57 Million |
|
Youngsin Metal Industrial Co. Ltd
KQ:007530
|
$17.58 Million |
|
Smart Concrete Public Company Limited
BK:SMART
|
$17.53 Million |
|
Little Green Pharma Ltd
AU:LGP
|
$17.53 Million |
|
Tashin Holdings Bhd
KLSE:0211
|
$17.52 Million |
|
Mitchells & Butlers PLC
LSE:MAB
|
$17.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in INCREDIBLE INDUSTRIES LIMITED's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,326,063,000 to 1,452,503,000, a change of 126,440,000 (9.5%).
- Net income of 124,872,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 1,568,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs124.87 Million | +8.6% |
| Other Comprehensive Income | Rs1.57 Million | +0.11% |
| Other Changes | Rs-999.00 | -0.0% |
| Total Change | Rs- | 9.53% |
Book Value vs Market Value Analysis
This analysis compares INCREDIBLE INDUSTRIES LIMITED's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.11x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.90x to 1.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | Rs18.27 | Rs34.67 | x |
| 2014-03-31 | Rs19.20 | Rs34.67 | x |
| 2015-03-31 | Rs21.47 | Rs34.67 | x |
| 2016-03-31 | Rs21.96 | Rs34.67 | x |
| 2017-03-31 | Rs22.45 | Rs34.67 | x |
| 2018-03-31 | Rs23.49 | Rs34.67 | x |
| 2019-03-31 | Rs24.30 | Rs34.67 | x |
| 2020-03-31 | Rs24.48 | Rs34.67 | x |
| 2021-03-31 | Rs25.26 | Rs34.67 | x |
| 2022-03-31 | Rs26.03 | Rs34.67 | x |
| 2023-03-31 | Rs27.08 | Rs34.67 | x |
| 2024-03-31 | Rs28.36 | Rs34.67 | x |
| 2025-03-31 | Rs31.21 | Rs34.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently INCREDIBLE INDUSTRIES LIMITED utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.60%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.65%
- • Asset Turnover: 3.90x
- • Equity Multiplier: 1.34x
- Recent ROE (8.60%) is above the historical average (4.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 4.48% | 0.92% | 1.61x | 3.00x | Rs-47.21 Million |
| 2014 | 4.84% | 0.99% | 1.75x | 2.81x | Rs-46.30 Million |
| 2015 | 10.72% | 2.62% | 1.37x | 2.98x | Rs7.24 Million |
| 2016 | 2.21% | 0.55% | 1.52x | 2.63x | Rs-79.95 Million |
| 2017 | 2.19% | 0.61% | 1.36x | 2.63x | Rs-81.97 Million |
| 2018 | 4.43% | 1.01% | 1.69x | 2.60x | Rs-61.23 Million |
| 2019 | 3.36% | 0.57% | 3.30x | 1.79x | Rs-75.49 Million |
| 2020 | 0.88% | 0.20% | 3.01x | 1.45x | Rs-104.39 Million |
| 2021 | 3.07% | 0.74% | 2.55x | 1.64x | Rs-81.86 Million |
| 2022 | 2.93% | 0.66% | 2.66x | 1.66x | Rs-86.11 Million |
| 2023 | 3.88% | 0.66% | 3.54x | 1.65x | Rs-77.56 Million |
| 2024 | 4.50% | 0.73% | 3.90x | 1.58x | Rs-72.93 Million |
| 2025 | 8.60% | 1.65% | 3.90x | 1.34x | Rs-20.38 Million |
Industry Comparison
This section compares INCREDIBLE INDUSTRIES LIMITED's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $4,962,007,503
- Average return on equity (ROE) among peers: 3.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| INCREDIBLE INDUSTRIES LIMITED (INCREDIBLE) | Rs1.51 Billion | 4.48% | 0.29x | $17.53 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $1.20 Billion | 5.37% | 2.25x | $2.37 Million |
| APL Apollo Tubes Limited (APLAPOLLO) | $4.72 Billion | 13.50% | 1.73x | $5.59 Billion |
| Bansal Wire Industries Ltd (BANSALWIRE) | $12.69 Billion | 11.40% | 0.71x | $514.95 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $987.90 Million | -40.30% | 5.23x | $39.02 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $6.61 Billion | 14.56% | 0.24x | $158.98 Million |
| Electrotherm (India) Limited (ELECTHERM) | $587.16 Million | 32.01% | 5.36x | $149.04 Million |
| Grand Foundry Limited (GFSTEELS) | $-56.35 Million | 0.00% | 0.00x | $4.48 Million |
| Goodluck India Limited (GOODLUCK) | $13.47 Billion | 12.24% | 0.88x | $487.00 Million |
| Godawari Power And Ispat limited (GPIL) | $9.28 Billion | -9.55% | 2.75x | $1.90 Billion |
| Hariom Pipe Industries Limited (HARIOMPIPE) | $133.55 Million | 0.35% | 1.68x | $138.11 Million |
About INCREDIBLE INDUSTRIES LIMITED
Incredible Industries Limited manufactures and sells iron and steel products in India. The company offers steel related rolled products, such as TMT bars, wire rods, H.B. wires, etc., as well as related services. It also offers billets, linkedge, annaling, torkari, and wire nail products. In addition, the company engages in the generation of electricity through wind power. It also exports its pro… Read more