Incredible Industries FY26 net profit falls to ₹1,151.64 lakh

2 min read     Updated on 31 May 2026, 05:17 AM
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Incredible Industries reported a decline in net profit to ₹1,151.64 lakh for FY26 from ₹1,248.72 lakh in the previous year, despite revenue increasing to ₹84,029.78 lakh. For Q4FY26, net profit dropped to ₹452.11 lakh from ₹584.07 lakh in the same quarter last year. The Board approved the audited financial results on May 29, 2026, and did not recommend any dividend. The company's paid-up equity share capital remained at ₹4,676.38 lakh, and EPS for FY26 was ₹2.54. The auditors issued an unmodified opinion on the results.

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Incredible Industries reported a net profit of ₹1,151.64 lakh for the financial year ended March 31, 2026, a decline from ₹1,248.72 lakh in the previous year. Revenue from operations rose to ₹84,029.78 lakh in FY26 from ₹75,614.48 lakh in FY25. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, in a meeting held on May 29, 2026. The company published these results in newspapers, including Business Standard and Aaj Kaal, on May 30, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

For the quarter ended March 31, 2026, the company recorded a net profit of ₹452.11 lakh, down from ₹584.07 lakh in the corresponding period of the previous year. Revenue from operations for the quarter stood at ₹21,943.49 lakh, compared to ₹23,022.25 lakh in Q4FY25. Total income for the quarter was ₹21,979.04 lakh. The company recognized an estimated liability of ₹25.14 lakh towards gratuity for past service cost in the quarter ended March 31, 2026, following the finalisation of Central Rules under the Labour Codes.

The Board of Directors did not recommend any dividend for the year ended March 31, 2026. The company’s paid-up equity share capital remained unchanged at ₹4,676.38 lakh with a face value of ₹10 per share. Earnings per share (EPS) for FY26 was reported at ₹2.54, compared to ₹2.70 in the previous year.

Financial Performance

The following table outlines the key financial metrics for Incredible Industries for the quarter and year ended March 31, 2026:

Particulars Quarter Ended 31/03/2026 (₹ in lacs) Quarter Ended 31/03/2025 (₹ in lacs) Year Ended 31/03/2026 (₹ in lacs) Year Ended 31/03/2025 (₹ in lacs)
Revenue From Operations 21,943.49 23,022.25 84,029.78 75,614.48
Total Income 21,979.04 23,029.43 84,174.35 75,691.08
Total Expenses 21,346.70 22,292.22 82,513.21 74,367.63
Profit Before Tax 632.34 737.21 1,661.14 1,323.45
Net Profit 452.11 584.07 1,151.64 1,248.72

Assets and Liabilities

Total assets as of March 31, 2026, stood at ₹22,147.11 lakh, an increase from ₹19,406.03 lakh in the previous year. Non-current assets rose to ₹7,749.77 lakh, driven by capital work-in-progress of ₹3,533.88 lakh related to the SMS Project and rolling mill upgradation. Current assets were recorded at ₹14,397.34 lakh. Total equity and liabilities increased to ₹22,147.11 lakh, with equity share capital at ₹4,676.38 lakh and other equity at ₹11,035.30 lakh.

Auditor's Report

M/s. R. Gopal & Associates, Chartered Accountants, issued an audit report with an unmodified opinion on the financial results for the quarter and year ended March 31, 2026. The auditors confirmed that the financial results are presented in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and provide a true and fair view in conformity with Indian Accounting Standards (Ind AS).

Historical Stock Returns for Incredible Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.87%-5.91%-8.28%-10.06%-23.92%+22.10%

What is the expected timeline for the completion of the SMS Project and rolling mill upgradation?

How will the company address the declining net profit margins despite the increase in annual revenue?

Are there plans to resume dividend payouts in the next fiscal year?

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Incredible Industries board meets May 29 to consider Q4 results

0 min read     Updated on 22 May 2026, 07:12 AM
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Incredible Industries Limited has scheduled a board meeting for May 29, 2026, at its Kolkata corporate office to approve the audited financial results for the quarter and fiscal year ending March 31, 2026. Additionally, the board will consider recommending a dividend for the financial year 2025-26. The trading window for designated persons and their immediate relatives remains closed from April 1, 2026, until 48 hours after the results are declared.

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Incredible Industries Limited has informed the exchanges that its board of directors will meet on Friday, May 29, 2026. The meeting is scheduled to take place at the corporate office located at Lansdowne Towers, 2/1 A. Sarat Bose Road, Kolkata.

Agenda for the Meeting

The primary agenda for the upcoming board meeting includes the discussion, consideration, and approval of the audited financial results for the quarter and year ended March 31, 2026. Furthermore, the board will deliberate on and recommend a dividend, if any, for the financial year 2025-26.

Trading Window Closure

Pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's code of conduct, the trading window for dealing in the securities of the company remains closed. This closure is effective for designated persons and their immediate relatives from April 1, 2026, until 48 hours after the declaration of the audited financial results.

Key Details Information
Meeting Date May 29, 2026
Financial Period Quarter and year ended March 31, 2026
Dividend Consideration FY 2025-26
Trading Window Closure April 1, 2026 to 48 hours post-result declaration

Historical Stock Returns for Incredible Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.87%-5.91%-8.28%-10.06%-23.92%+22.10%

How might Incredible Industries Limited's FY 2025-26 financial performance compare to industry peers, and what revenue growth trends could influence the board's dividend decision?

If the board recommends a dividend for FY 2025-26, how could the payout ratio signal management's confidence in future cash flow generation and capital allocation strategy?

What potential impact could the audited financial results announcement have on Incredible Industries Limited's stock price and trading volumes once the trading window reopens?

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1 Year Returns:-23.92%