Share Price and Basic Stock Data
Last Updated: October 16, 2025, 7:40 pm
| PEG Ratio | 7.80 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Incap Ltd operates in the electronics equipment and components industry, focusing on manufacturing and supplying electronic components. The company reported a market capitalization of ₹58.6 Cr and a stock price of ₹114. Over the recent quarters, Incap’s revenue has displayed fluctuations, with sales recorded at ₹5.99 Cr in June 2022, peaking at ₹16.89 Cr in December 2024. The trailing twelve months (TTM) revenue stands at ₹38.89 Cr, indicating a recovery from previous years when sales were as low as ₹20.58 Cr in FY 2019. The sales trajectory highlights a potential rebound, although the most recent quarter (June 2023) saw a decline to ₹4.88 Cr. The company’s ability to leverage new market opportunities while managing operational challenges will be critical in maintaining sales growth moving forward.
Profitability and Efficiency Metrics
Incap Ltd’s profitability metrics reveal a mixed performance. The operating profit margin (OPM) for the trailing twelve months is 5.12%, reflecting a modest efficiency in managing costs relative to sales. However, the OPM has fluctuated significantly, with a high of 9.12% in December 2022 and a low of -9.72% in March 2023. The net profit for the most recent fiscal year was recorded at ₹0.80 Cr, with an earnings per share (EPS) of ₹1.56. Return on equity (ROE) stood at 4.95%, while return on capital employed (ROCE) was reported at 7.61%. These figures suggest that while Incap is generating profits, the returns on its equity and capital employed are relatively low compared to industry benchmarks, indicating room for improvement in overall profitability and operational efficiency.
Balance Sheet Strength and Financial Ratios
Incap Ltd’s balance sheet shows a total borrowing of ₹5.39 Cr against reserves of ₹11.11 Cr, resulting in a debt-to-equity ratio of 0.33. This indicates a manageable level of debt, suggesting that the company is not over-leveraged. The interest coverage ratio (ICR) is reported at 4.13x, indicating that Incap can comfortably meet its interest obligations. Liquidity ratios are also favorable, with a current ratio of 1.57 and a quick ratio of 1.39, suggesting adequate short-term liquidity. However, the cash conversion cycle (CCC) of 98.87 days indicates inefficiencies in managing working capital, which may affect cash flow. The price-to-book value ratio stands at 3.08x, suggesting that the market values the company significantly above its book value, which could be a point of concern for investors if earnings do not grow in tandem.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Incap Ltd reveals a strong promoter holding of 67.59%, indicating substantial confidence from the management in the company’s prospects. The public shareholding stands at 32.40%, with a total of 3,287 shareholders. This relatively stable ownership structure can be seen as a positive indicator of investor confidence. However, the absence of foreign institutional investors (FIIs) and domestic institutional investors (DIIs) could suggest a lack of interest from larger institutional players. The gradual increase in the number of shareholders over recent quarters, peaking at 3,480 in March 2025, reflects growing retail investor interest, which may support the stock’s performance in the future. Nevertheless, the lack of institutional backing could pose risks in terms of liquidity and stock volatility.
Outlook, Risks, and Final Insight
If margins sustain and operational efficiencies improve, Incap Ltd could enhance its profitability metrics and investor appeal. However, several risks loom, including the volatility in sales and the significant fluctuations in operating margins. The company’s ability to manage its cash conversion cycle effectively will be crucial to maintaining a healthy liquidity position. Furthermore, the absence of institutional investors may limit the stock’s upward momentum in a bullish market environment. If Incap can capitalize on emerging market trends and leverage its existing operational strengths, it may position itself for more robust growth in the coming years. Overall, while the company has a solid foundation, strategic focus on cost management and market expansion will be pivotal in navigating the challenges ahead.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Incap Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Incap Ltd | 60.5 Cr. | 118 | 161/70.0 | 54.0 | 32.2 | 0.85 % | 7.61 % | 4.95 % | 10.0 |
| Gujarat Poly Electronics Ltd | 72.3 Cr. | 84.5 | 112/71.9 | 16.2 | 13.2 | 0.00 % | 12.5 % | 20.8 % | 10.0 |
| Cosmo Ferrites Ltd | 278 Cr. | 231 | 385/196 | 20.5 | 0.00 % | 0.74 % | 20.5 % | 10.0 | |
| BCC Fuba India Ltd | 275 Cr. | 179 | 219/75.1 | 65.5 | 15.1 | 0.00 % | 18.7 % | 17.4 % | 10.0 |
| PG Electroplast Ltd | 16,160 Cr. | 569 | 1,055/465 | 59.6 | 99.9 | 0.04 % | 19.4 % | 14.9 % | 1.00 |
| Industry Average | 3,740.11 Cr | 1,172.49 | 85.68 | 157.74 | 0.17% | 11.17% | 15.55% | 7.92 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5.99 | 5.58 | 3.73 | 5.76 | 4.88 | 6.62 | 3.91 | 3.96 | 4.66 | 7.09 | 16.89 | 4.94 | 9.97 |
| Expenses | 5.74 | 5.17 | 3.39 | 6.32 | 4.66 | 6.13 | 3.58 | 4.39 | 4.31 | 6.48 | 16.42 | 4.67 | 9.46 |
| Operating Profit | 0.25 | 0.41 | 0.34 | -0.56 | 0.22 | 0.49 | 0.33 | -0.43 | 0.35 | 0.61 | 0.47 | 0.27 | 0.51 |
| OPM % | 4.17% | 7.35% | 9.12% | -9.72% | 4.51% | 7.40% | 8.44% | -10.86% | 7.51% | 8.60% | 2.78% | 5.47% | 5.12% |
| Other Income | 0.10 | 0.03 | 0.02 | 0.88 | 0.06 | 0.04 | -0.02 | 0.80 | 0.00 | 0.00 | 0.00 | 0.19 | 0.00 |
| Interest | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 | 0.06 | 0.13 | -0.06 | 0.03 | 0.07 | 0.18 | 0.18 | 0.13 |
| Depreciation | 0.10 | 0.10 | 0.10 | 0.10 | 0.08 | 0.08 | 0.08 | 0.15 | 0.09 | 0.09 | 0.09 | 0.11 | 0.08 |
| Profit before tax | 0.21 | 0.29 | 0.21 | 0.17 | 0.15 | 0.39 | 0.10 | 0.28 | 0.23 | 0.45 | 0.20 | 0.17 | 0.30 |
| Tax % | 0.00% | 0.00% | 0.00% | 135.29% | 0.00% | 0.00% | 0.00% | 89.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Net Profit | 0.21 | 0.29 | 0.22 | -0.05 | 0.15 | 0.39 | 0.10 | 0.02 | 0.23 | 0.45 | 0.20 | 0.17 | 0.30 |
| EPS in Rs | 0.41 | 0.56 | 0.43 | -0.10 | 0.29 | 0.76 | 0.19 | 0.04 | 0.45 | 0.88 | 0.39 | 0.33 | 0.58 |
Last Updated: August 19, 2025, 1:30 pm
Below is a detailed analysis of the quarterly data for Incap Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 9.97 Cr.. The value appears strong and on an upward trend. It has increased from 4.94 Cr. (Mar 2025) to 9.97 Cr., marking an increase of 5.03 Cr..
- For Expenses, as of Jun 2025, the value is 9.46 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4.67 Cr. (Mar 2025) to 9.46 Cr., marking an increase of 4.79 Cr..
- For Operating Profit, as of Jun 2025, the value is 0.51 Cr.. The value appears strong and on an upward trend. It has increased from 0.27 Cr. (Mar 2025) to 0.51 Cr., marking an increase of 0.24 Cr..
- For OPM %, as of Jun 2025, the value is 5.12%. The value appears to be declining and may need further review. It has decreased from 5.47% (Mar 2025) to 5.12%, marking a decrease of 0.35%.
- For Other Income, as of Jun 2025, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 0.19 Cr. (Mar 2025) to 0.00 Cr., marking a decrease of 0.19 Cr..
- For Interest, as of Jun 2025, the value is 0.13 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.18 Cr. (Mar 2025) to 0.13 Cr., marking a decrease of 0.05 Cr..
- For Depreciation, as of Jun 2025, the value is 0.08 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.11 Cr. (Mar 2025) to 0.08 Cr., marking a decrease of 0.03 Cr..
- For Profit before tax, as of Jun 2025, the value is 0.30 Cr.. The value appears strong and on an upward trend. It has increased from 0.17 Cr. (Mar 2025) to 0.30 Cr., marking an increase of 0.13 Cr..
- For Tax %, as of Jun 2025, the value is 0.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00%.
- For Net Profit, as of Jun 2025, the value is 0.30 Cr.. The value appears strong and on an upward trend. It has increased from 0.17 Cr. (Mar 2025) to 0.30 Cr., marking an increase of 0.13 Cr..
- For EPS in Rs, as of Jun 2025, the value is 0.58. The value appears strong and on an upward trend. It has increased from 0.33 (Mar 2025) to 0.58, marking an increase of 0.25.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 3:05 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 40.15 | 46.00 | 30.06 | 28.57 | 28.37 | 20.58 | 38.33 | 20.91 | 23.16 | 21.06 | 19.36 | 33.58 | 38.89 |
| Expenses | 36.63 | 42.95 | 26.81 | 24.66 | 25.01 | 19.42 | 37.61 | 20.80 | 22.54 | 20.59 | 18.74 | 31.85 | 37.03 |
| Operating Profit | 3.52 | 3.05 | 3.25 | 3.91 | 3.36 | 1.16 | 0.72 | 0.11 | 0.62 | 0.47 | 0.62 | 1.73 | 1.86 |
| OPM % | 8.77% | 6.63% | 10.81% | 13.69% | 11.84% | 5.64% | 1.88% | 0.53% | 2.68% | 2.23% | 3.20% | 5.15% | 4.78% |
| Other Income | 0.44 | 1.19 | 0.35 | 0.38 | 1.05 | 1.05 | 0.89 | 1.22 | 1.18 | 1.02 | 0.88 | 0.19 | 0.19 |
| Interest | 0.75 | 0.60 | 0.71 | 0.44 | 0.15 | 0.39 | 0.56 | 0.18 | 0.20 | 0.21 | 0.20 | 0.49 | 0.56 |
| Depreciation | 0.91 | 0.56 | 0.38 | 0.30 | 0.37 | 0.45 | 0.46 | 0.47 | 0.44 | 0.39 | 0.38 | 0.38 | 0.37 |
| Profit before tax | 2.30 | 3.08 | 2.51 | 3.55 | 3.89 | 1.37 | 0.59 | 0.68 | 1.16 | 0.89 | 0.92 | 1.05 | 1.12 |
| Tax % | 33.48% | 36.04% | 38.65% | 33.52% | 26.74% | 29.20% | 27.12% | 13.24% | 31.03% | 25.84% | 27.17% | 23.81% | |
| Net Profit | 1.53 | 1.98 | 1.53 | 2.36 | 2.85 | 0.97 | 0.44 | 0.58 | 0.80 | 0.66 | 0.67 | 0.80 | 1.12 |
| EPS in Rs | 2.98 | 3.86 | 2.98 | 4.60 | 5.55 | 1.89 | 0.86 | 1.13 | 1.56 | 1.29 | 1.31 | 1.56 | 2.18 |
| Dividend Payout % | 33.53% | 25.91% | 33.53% | 21.74% | 18.00% | 52.89% | 0.00% | 88.45% | 64.12% | 77.73% | 76.57% | 64.12% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 29.41% | -22.73% | 54.25% | 20.76% | -65.96% | -54.64% | 31.82% | 37.93% | -17.50% | 1.52% | 19.40% |
| Change in YoY Net Profit Growth (%) | 0.00% | -52.14% | 76.98% | -33.49% | -86.73% | 11.33% | 86.46% | 6.11% | -55.43% | 19.02% | 17.89% |
Incap Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | -3% |
| 3 Years: | 13% |
| TTM: | 103% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -9% |
| 5 Years: | 13% |
| 3 Years: | 6% |
| TTM: | 51% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 26% |
| 3 Years: | 27% |
| 1 Year: | -3% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 4% |
| 3 Years: | 4% |
| Last Year: | 5% |
Last Updated: September 5, 2025, 3:46 pm
Balance Sheet
Last Updated: October 10, 2025, 4:18 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.13 | 5.13 | 5.13 | 5.13 | 5.13 | 5.13 | 5.13 | 5.13 | 5.13 | 5.13 | 5.13 | 5.13 |
| Reserves | 3.40 | 4.76 | 5.68 | 7.42 | 9.65 | 9.98 | 10.22 | 10.35 | 10.69 | 10.84 | 10.94 | 11.11 |
| Borrowings | 1.45 | 4.66 | 1.37 | 0.15 | 0.41 | 0.88 | 0.68 | 1.83 | 1.88 | 1.19 | 2.75 | 5.39 |
| Other Liabilities | 16.91 | 20.50 | 8.69 | 6.52 | 7.20 | 8.58 | 19.37 | 19.04 | 11.64 | 10.93 | 8.61 | 8.31 |
| Total Liabilities | 26.89 | 35.05 | 20.87 | 19.22 | 22.39 | 24.57 | 35.40 | 36.35 | 29.34 | 28.09 | 27.43 | 29.94 |
| Fixed Assets | 4.49 | 5.25 | 5.49 | 4.28 | 4.47 | 4.95 | 4.65 | 4.19 | 3.49 | 3.67 | 3.43 | 7.33 |
| CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Investments | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.21 | 2.21 | 2.57 |
| Other Assets | 22.40 | 29.80 | 15.38 | 14.94 | 17.92 | 17.62 | 28.75 | 30.16 | 23.85 | 22.21 | 21.79 | 20.04 |
| Total Assets | 26.89 | 35.05 | 20.87 | 19.22 | 22.39 | 24.57 | 35.40 | 36.35 | 29.34 | 28.09 | 27.43 | 29.94 |
Below is a detailed analysis of the balance sheet data for Incap Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 5.13 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 5.13 Cr..
- For Reserves, as of Mar 2025, the value is 11.11 Cr.. The value appears strong and on an upward trend. It has increased from 10.94 Cr. (Mar 2024) to 11.11 Cr., marking an increase of 0.17 Cr..
- For Borrowings, as of Mar 2025, the value is 5.39 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 2.75 Cr. (Mar 2024) to 5.39 Cr., marking an increase of 2.64 Cr..
- For Other Liabilities, as of Mar 2025, the value is 8.31 Cr.. The value appears to be improving (decreasing). It has decreased from 8.61 Cr. (Mar 2024) to 8.31 Cr., marking a decrease of 0.30 Cr..
- For Total Liabilities, as of Mar 2025, the value is 29.94 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 27.43 Cr. (Mar 2024) to 29.94 Cr., marking an increase of 2.51 Cr..
- For Fixed Assets, as of Mar 2025, the value is 7.33 Cr.. The value appears strong and on an upward trend. It has increased from 3.43 Cr. (Mar 2024) to 7.33 Cr., marking an increase of 3.90 Cr..
- For CWIP, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Investments, as of Mar 2025, the value is 2.57 Cr.. The value appears strong and on an upward trend. It has increased from 2.21 Cr. (Mar 2024) to 2.57 Cr., marking an increase of 0.36 Cr..
- For Other Assets, as of Mar 2025, the value is 20.04 Cr.. The value appears to be declining and may need further review. It has decreased from 21.79 Cr. (Mar 2024) to 20.04 Cr., marking a decrease of 1.75 Cr..
- For Total Assets, as of Mar 2025, the value is 29.94 Cr.. The value appears strong and on an upward trend. It has increased from 27.43 Cr. (Mar 2024) to 29.94 Cr., marking an increase of 2.51 Cr..
Notably, the Reserves (11.11 Cr.) exceed the Borrowings (5.39 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 2.07 | -1.61 | 1.88 | 3.76 | 2.95 | 0.28 | 0.04 | -1.72 | -1.26 | -0.72 | -2.13 | -3.66 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 86.36 | 102.28 | 103.09 | 79.98 | 80.41 | 88.32 | 67.99 | 129.87 | 81.01 | 107.80 | 184.95 | 154.35 |
| Inventory Days | 102.81 | 152.58 | 109.52 | 71.58 | 63.81 | 95.52 | 53.05 | 76.45 | 67.45 | 60.93 | 81.02 | 31.06 |
| Days Payable | 36.66 | 53.10 | 65.76 | 105.71 | 129.56 | 192.49 | 640.07 | 602.23 | 290.83 | 275.87 | 195.91 | 86.54 |
| Cash Conversion Cycle | 152.51 | 201.76 | 146.85 | 45.85 | 14.66 | -8.64 | -519.03 | -395.92 | -142.37 | -107.14 | 70.06 | 98.87 |
| Working Capital Days | 20.55 | 13.81 | 66.66 | 39.09 | 26.50 | 1.60 | -85.80 | -132.49 | -55.47 | -33.10 | 53.17 | 45.33 |
| ROCE % | 25.74% | 30.00% | 24.09% | 31.27% | 28.97% | 11.29% | 7.18% | 4.62% | 6.80% | 5.91% | 6.17% | 7.61% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 1.56 | 1.30 | 1.29 | 1.56 | 1.14 |
| Diluted EPS (Rs.) | 1.56 | 1.30 | 1.29 | 1.56 | 1.14 |
| Cash EPS (Rs.) | 2.30 | 2.05 | 2.05 | 2.42 | 2.06 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 31.65 | 31.31 | 31.12 | 30.83 | 30.16 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 31.65 | 31.31 | 31.12 | 30.83 | 30.16 |
| Dividend / Share (Rs.) | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Revenue From Operations / Share (Rs.) | 65.42 | 37.72 | 41.02 | 45.12 | 40.73 |
| PBDIT / Share (Rs.) | 3.67 | 2.88 | 2.86 | 3.42 | 2.52 |
| PBIT / Share (Rs.) | 2.93 | 2.13 | 2.09 | 2.57 | 1.60 |
| PBT / Share (Rs.) | 2.04 | 1.79 | 1.74 | 2.25 | 1.33 |
| Net Profit / Share (Rs.) | 1.56 | 1.30 | 1.29 | 1.56 | 1.14 |
| PBDIT Margin (%) | 5.61 | 7.62 | 6.96 | 7.59 | 6.19 |
| PBIT Margin (%) | 4.47 | 5.64 | 5.10 | 5.69 | 3.93 |
| PBT Margin (%) | 3.11 | 4.75 | 4.23 | 4.99 | 3.26 |
| Net Profit Margin (%) | 2.38 | 3.45 | 3.14 | 3.46 | 2.79 |
| Return on Networth / Equity (%) | 4.92 | 4.16 | 4.15 | 5.07 | 3.77 |
| Return on Capital Employeed (%) | 8.70 | 6.54 | 6.40 | 7.65 | 4.85 |
| Return On Assets (%) | 2.67 | 2.44 | 2.36 | 2.73 | 1.60 |
| Long Term Debt / Equity (X) | 0.04 | 0.02 | 0.03 | 0.06 | 0.07 |
| Total Debt / Equity (X) | 0.33 | 0.17 | 0.07 | 0.11 | 0.11 |
| Asset Turnover Ratio (%) | 1.17 | 0.69 | 0.73 | 0.70 | 0.58 |
| Current Ratio (X) | 1.57 | 2.02 | 1.95 | 1.93 | 1.53 |
| Quick Ratio (X) | 1.39 | 1.75 | 1.77 | 1.74 | 1.42 |
| Inventory Turnover Ratio (X) | 13.02 | 4.44 | 5.15 | 4.47 | 4.77 |
| Dividend Payout Ratio (NP) (%) | 0.00 | 76.65 | 77.39 | 63.96 | 87.79 |
| Dividend Payout Ratio (CP) (%) | 0.00 | 48.76 | 48.67 | 41.30 | 48.57 |
| Earning Retention Ratio (%) | 0.00 | 23.35 | 22.61 | 36.04 | 12.21 |
| Cash Earning Retention Ratio (%) | 0.00 | 51.24 | 51.33 | 58.70 | 51.43 |
| Interest Coverage Ratio (X) | 4.13 | 8.51 | 7.99 | 10.91 | 9.22 |
| Interest Coverage Ratio (Post Tax) (X) | 2.75 | 4.86 | 4.61 | 5.98 | 5.16 |
| Enterprise Value (Cr.) | 52.31 | 28.11 | 6.22 | 6.67 | -6.11 |
| EV / Net Operating Revenue (X) | 1.56 | 1.45 | 0.29 | 0.28 | -0.29 |
| EV / EBITDA (X) | 27.76 | 19.03 | 4.24 | 3.79 | -4.72 |
| MarketCap / Net Operating Revenue (X) | 1.49 | 1.73 | 0.83 | 0.84 | 0.47 |
| Retention Ratios (%) | 0.00 | 23.34 | 22.60 | 36.03 | 12.20 |
| Price / BV (X) | 3.08 | 2.08 | 1.11 | 1.24 | 0.64 |
| Price / Net Operating Revenue (X) | 1.49 | 1.73 | 0.83 | 0.84 | 0.47 |
| EarningsYield | 0.01 | 0.01 | 0.03 | 0.04 | 0.05 |
After reviewing the key financial ratios for Incap Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 1.56. This value is below the healthy minimum of 5. It has increased from 1.30 (Mar 24) to 1.56, marking an increase of 0.26.
- For Diluted EPS (Rs.), as of Mar 25, the value is 1.56. This value is below the healthy minimum of 5. It has increased from 1.30 (Mar 24) to 1.56, marking an increase of 0.26.
- For Cash EPS (Rs.), as of Mar 25, the value is 2.30. This value is below the healthy minimum of 3. It has increased from 2.05 (Mar 24) to 2.30, marking an increase of 0.25.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 31.65. It has increased from 31.31 (Mar 24) to 31.65, marking an increase of 0.34.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 31.65. It has increased from 31.31 (Mar 24) to 31.65, marking an increase of 0.34.
- For Dividend / Share (Rs.), as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 65.42. It has increased from 37.72 (Mar 24) to 65.42, marking an increase of 27.70.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 3.67. This value is within the healthy range. It has increased from 2.88 (Mar 24) to 3.67, marking an increase of 0.79.
- For PBIT / Share (Rs.), as of Mar 25, the value is 2.93. This value is within the healthy range. It has increased from 2.13 (Mar 24) to 2.93, marking an increase of 0.80.
- For PBT / Share (Rs.), as of Mar 25, the value is 2.04. This value is within the healthy range. It has increased from 1.79 (Mar 24) to 2.04, marking an increase of 0.25.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 1.56. This value is below the healthy minimum of 2. It has increased from 1.30 (Mar 24) to 1.56, marking an increase of 0.26.
- For PBDIT Margin (%), as of Mar 25, the value is 5.61. This value is below the healthy minimum of 10. It has decreased from 7.62 (Mar 24) to 5.61, marking a decrease of 2.01.
- For PBIT Margin (%), as of Mar 25, the value is 4.47. This value is below the healthy minimum of 10. It has decreased from 5.64 (Mar 24) to 4.47, marking a decrease of 1.17.
- For PBT Margin (%), as of Mar 25, the value is 3.11. This value is below the healthy minimum of 10. It has decreased from 4.75 (Mar 24) to 3.11, marking a decrease of 1.64.
- For Net Profit Margin (%), as of Mar 25, the value is 2.38. This value is below the healthy minimum of 5. It has decreased from 3.45 (Mar 24) to 2.38, marking a decrease of 1.07.
- For Return on Networth / Equity (%), as of Mar 25, the value is 4.92. This value is below the healthy minimum of 15. It has increased from 4.16 (Mar 24) to 4.92, marking an increase of 0.76.
- For Return on Capital Employeed (%), as of Mar 25, the value is 8.70. This value is below the healthy minimum of 10. It has increased from 6.54 (Mar 24) to 8.70, marking an increase of 2.16.
- For Return On Assets (%), as of Mar 25, the value is 2.67. This value is below the healthy minimum of 5. It has increased from 2.44 (Mar 24) to 2.67, marking an increase of 0.23.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.04. This value is below the healthy minimum of 0.2. It has increased from 0.02 (Mar 24) to 0.04, marking an increase of 0.02.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.33. This value is within the healthy range. It has increased from 0.17 (Mar 24) to 0.33, marking an increase of 0.16.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.17. It has increased from 0.69 (Mar 24) to 1.17, marking an increase of 0.48.
- For Current Ratio (X), as of Mar 25, the value is 1.57. This value is within the healthy range. It has decreased from 2.02 (Mar 24) to 1.57, marking a decrease of 0.45.
- For Quick Ratio (X), as of Mar 25, the value is 1.39. This value is within the healthy range. It has decreased from 1.75 (Mar 24) to 1.39, marking a decrease of 0.36.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 13.02. This value exceeds the healthy maximum of 8. It has increased from 4.44 (Mar 24) to 13.02, marking an increase of 8.58.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 76.65 (Mar 24) to 0.00, marking a decrease of 76.65.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 48.76 (Mar 24) to 0.00, marking a decrease of 48.76.
- For Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 23.35 (Mar 24) to 0.00, marking a decrease of 23.35.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 51.24 (Mar 24) to 0.00, marking a decrease of 51.24.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 4.13. This value is within the healthy range. It has decreased from 8.51 (Mar 24) to 4.13, marking a decrease of 4.38.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 2.75. This value is below the healthy minimum of 3. It has decreased from 4.86 (Mar 24) to 2.75, marking a decrease of 2.11.
- For Enterprise Value (Cr.), as of Mar 25, the value is 52.31. It has increased from 28.11 (Mar 24) to 52.31, marking an increase of 24.20.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.56. This value is within the healthy range. It has increased from 1.45 (Mar 24) to 1.56, marking an increase of 0.11.
- For EV / EBITDA (X), as of Mar 25, the value is 27.76. This value exceeds the healthy maximum of 15. It has increased from 19.03 (Mar 24) to 27.76, marking an increase of 8.73.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.49. This value is within the healthy range. It has decreased from 1.73 (Mar 24) to 1.49, marking a decrease of 0.24.
- For Retention Ratios (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 30. It has decreased from 23.34 (Mar 24) to 0.00, marking a decrease of 23.34.
- For Price / BV (X), as of Mar 25, the value is 3.08. This value exceeds the healthy maximum of 3. It has increased from 2.08 (Mar 24) to 3.08, marking an increase of 1.00.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.49. This value is within the healthy range. It has decreased from 1.73 (Mar 24) to 1.49, marking a decrease of 0.24.
- For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Incap Ltd:
- Net Profit Margin: 2.38%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 8.7% (Industry Average ROCE: 11.17%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 4.92% (Industry Average ROE: 15.55%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 2.75
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.39
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 54 (Industry average Stock P/E: 85.68)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.33
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 2.38%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Electronics - Equipment/Components | 1-58, Nidamanuru, NTR District, Vijayawada Andhra Pradesh 521104 | investorsincap@gmail.com http://www.incaplimited.in |
| Management | |
|---|---|
| Name | Position Held |
| Mr. C Bhagavantha Rao | Executive Chairman & CFO |
| Mrs. C Neelima | Managing Director |
| Mr. C Rakesh | Independent Director |
| Mr. P Ram Rao | Director |
| Mrs. P Himabindu | Director |
FAQ
What is the intrinsic value of Incap Ltd?
Incap Ltd's intrinsic value (as of 16 October 2025) is 69.44 which is 41.15% lower the current market price of 118.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 60.5 Cr. market cap, FY2025-2026 high/low of 161/70.0, reserves of ₹11.11 Cr, and liabilities of 29.94 Cr.
What is the Market Cap of Incap Ltd?
The Market Cap of Incap Ltd is 60.5 Cr..
What is the current Stock Price of Incap Ltd as on 16 October 2025?
The current stock price of Incap Ltd as on 16 October 2025 is 118.
What is the High / Low of Incap Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Incap Ltd stocks is 161/70.0.
What is the Stock P/E of Incap Ltd?
The Stock P/E of Incap Ltd is 54.0.
What is the Book Value of Incap Ltd?
The Book Value of Incap Ltd is 32.2.
What is the Dividend Yield of Incap Ltd?
The Dividend Yield of Incap Ltd is 0.85 %.
What is the ROCE of Incap Ltd?
The ROCE of Incap Ltd is 7.61 %.
What is the ROE of Incap Ltd?
The ROE of Incap Ltd is 4.95 %.
What is the Face Value of Incap Ltd?
The Face Value of Incap Ltd is 10.0.