Outcome of Board Meeting of the Company held on today, the 29th May, 2026
INCREDIBLE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Incredible Industries Ltd reported audited financial results for Q4 and fiscal year ended March 31, 2026. Total income for the year increased 11% to Rs. 8,407.44 Lacs from Rs. 7,569.11 Lacs. Profit before tax grew 25.5% to Rs. 166.14 Lacs. However, profit after tax declined 7.8% to Rs. 115.16 Lacs due to higher tax outgo (Rs. 52.83 Lacs vs Rs. 38.42 Lacs). Basic EPS stands at Rs. 2.54 compared to Rs. 2.70 in the previous year. The company spent Rs. 2,293.02 Lacs on capital expenditure, primarily on its SMS project and rolling mill upgrade at Durgapur. Cash and cash equivalents declined significantly from Rs. 1,817.68 Lacs to Rs. 832 Lacs. The Board did not recommend any dividend for FY2026. Statutory auditors issued an unmodified opinion.
Revenue growth of 11% shows business expansion, but the decline in PAT and EPS despite higher PBT due to tax increases may concern investors. Heavy capex explains the cash depletion. No dividend means no immediate income for shareholders.