INCREDIBLE INDUSTRIES LIMITED Net Assets
INCREDIBLE INDUSTRIES LIMITED net assets. Based on the latest financial reports, INCREDIBLE INDUSTRIES LIMITED (INCREDIBLE) has net assets worth Rs1.57 Billion INR (≈ $16.99 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs2.21 Billion ≈ $23.95 Million USD) and total liabilities (Rs643.54 Million ≈ $6.96 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. Also explore net asset momentum of INCREDIBLE INDUSTRIES LIMITED to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs1.57 Billion |
| % of Total Assets | 70.94% |
| Annual Growth Rate | 4.8% |
| 5-Year Change | 29.07% |
| 10-Year Change | 49.64% |
| Growth Volatility | 3.05 |
Net Assets of INCREDIBLE INDUSTRIES LIMITED (2013–2026)
Net assets of INCREDIBLE INDUSTRIES LIMITED from 2013 to 2026. This chart illustrates how INCREDIBLE INDUSTRIES LIMITED's net assets have evolved over time, based on quarterly financial data. See how leveraged is INCREDIBLE INDUSTRIES LIMITED's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for INCREDIBLE INDUSTRIES LIMITED (2013–2026)
The table below shows the annual net assets of INCREDIBLE INDUSTRIES LIMITED from 2013 to 2026. For live market cap and overall valuation, see INCREDIBLE market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs1.57 Billion ≈ $16.99 Million |
+8.17% |
| 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
INCREDIBLE INDUSTRIES LIMITED Net Assets Breakdown (March 2026)
INCREDIBLE INDUSTRIES LIMITED net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs467.64 Million | 29.76% |
| Other Components | Rs1.10 Billion | 70.24% |
| Total Equity | Rs1.57 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 |
|---|---|
|
Inbest Prime VII Inmuebles SOCIMI S.A.
MC:YINB7
|
$14.70 Million |
|
Samjin LND Co. Ltd
KQ:054090
|
$14.71 Million |
|
Banco Santander Río S.A
BA:BRIO6
|
$14.72 Million |
|
Shinjin Sm Co.Ltd
KQ:138070
|
$14.72 Million |
|
T3 Defense Inc.
NYSE:DFNS
|
$14.68 Million |
|
Galileo Mining Ltd
AU:GAL
|
$14.68 Million |
|
Starbreeze AB (publ)
ST:STAR-B
|
$14.68 Million |
|
Powerhouse Ventures Ltd
AU:PVL
|
$14.67 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 2025 to 2026, total equity changed from 1,452,503,000 to 1,571,168,000, a change of 118,665,000 (8.2%).
- Net income of 115,164,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 2,558,999.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs115.16 Million | +7.33% |
| Other Comprehensive Income | Rs-2.56 Million | -0.16% |
| Other Changes | Rs6.06 Million | +0.39% |
| Total Change | Rs- | 8.17% |
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: 0.84x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.59x to 0.84x 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 | Rs29.05 | x |
| 2014-03-31 | Rs19.20 | Rs29.05 | x |
| 2015-03-31 | Rs21.47 | Rs29.05 | x |
| 2016-03-31 | Rs21.96 | Rs29.05 | x |
| 2017-03-31 | Rs22.45 | Rs29.05 | x |
| 2018-03-31 | Rs23.49 | Rs29.05 | x |
| 2019-03-31 | Rs24.30 | Rs29.05 | x |
| 2020-03-31 | Rs24.48 | Rs29.05 | x |
| 2021-03-31 | Rs25.26 | Rs29.05 | x |
| 2022-03-31 | Rs26.03 | Rs29.05 | x |
| 2023-03-31 | Rs27.08 | Rs29.05 | x |
| 2024-03-31 | Rs28.36 | Rs29.05 | x |
| 2025-03-31 | Rs31.21 | Rs29.05 | x |
| 2026-03-31 | Rs34.65 | Rs29.05 | 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): 7.33%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.37%
- • Asset Turnover: 3.79x
- • Equity Multiplier: 1.41x
- Recent ROE (7.33%) is above the historical average (4.53%), 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 |
| 2026 | 7.33% | 1.37% | 3.79x | 1.41x | Rs-41.95 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: $1,040,938,729
- Average return on equity (ROE) among peers: 0.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| INCREDIBLE INDUSTRIES LIMITED (INCREDIBLE) | Rs1.57 Billion | 4.48% | 0.41x | $14.69 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $-7.34 Billion | 0.00% | 0.00x | $3.13 Million |
| APL Apollo Tubes Limited (APLAPOLLO) | $18.33 Billion | 19.65% | 0.85x | $6.46 Billion |
| Bansal Wire Industries Ltd (BANSALWIRE) | $2.23 Billion | 25.69% | 2.12x | $101.62 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $669.63 Million | -78.16% | 9.03x | $37.49 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $1.40 Billion | 1.17% | 3.29x | $117.24 Million |
| Electrotherm (India) Limited (ELECTHERM) | $-10.82 Billion | 0.00% | 0.00x | $81.89 Million |
| Grand Foundry Limited (GFSTEELS) | $-56.35 Million | 0.00% | 0.00x | $12.74 Million |
| Goodluck India Limited (GOODLUCK) | $786.55 Million | 20.98% | 2.40x | $184.94 Million |
| Godawari Power And Ispat limited (GPIL) | $5.08 Billion | 11.02% | 1.22x | $1.35 Billion |
| Hariom Pipe Industries Limited (HARIOMPIPE) | $133.09 Million | 4.92% | 1.35x | $109.68 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