Incredible Industries Ltd.
Snapshot View

30.95 -1.60 ▼-4.9%

05 August 2021, 02:18:00 P.M.
Volume: 14,215

Overview View Details

Sector Iron & Steel Compare with Sector peers
Industry Steel & Iron Products Compare with Industry peers
Website
Financial Indicators
Market Cap 152.22 Cr.
Earnings per share (EPS) 0.78 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 41.99 Trailing Twelve Months Ending 2021-03
Industry PE 15.76 Trailing Twelve Months Ending 2021-03
Book Value / Share 25.26 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.29 Calculated using Price: 32.55
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 4.68 Cr. 46,763,750 Shares
FaceValue 10
Company Profile

Adhunik Industries is one of the major key players among the various players in the rolling mill industry in the Durgapur region of West Bengal. It operates with a vision to become industry leader in zone which inspires its stakeholders and a well defined business plan with planned strategy give hope to achieve its vision. Adhunik Group, the Rs 3500 crore conglomerate, is one of the fastest growing groups in India.

Business area of the company

It is engaged in mining, steel, power, and value added steel products, catering to a vast and quality-focused customer base. The Group has steel manufacturing facilities in Orissa and Jharkhand. Besides, it has a chain of value-added products including carbon and alloy steel billets, auto-grade steel rolled products, rounds and flats, TMT bars and wire rods, sponge iron, pig iron, Ferro alloys products including Ferro manganese, Silico manganese, Ferro silicon and stainless steel products. In the mining sector, it has iron ore and manganese ore mines in Jharkhand and Odisha, respectively. The Group has mining resources including iron ore, coal, manganese ore and lime stone which are the key inputs of production. The Group has a Pellet and Beneficiation plant in Jharkhand to utilize the low grade iron ore fines and convert them into value added product Pellet.

Group companies

Adhunik Corporation: It is one of the group company of Adhunik Group and has set up a mini Integrated Steel Plant for manufacturing of Sponge Iron through DRI route and Alloy Steel Billets of all grade in Angadpur, Durgapur. The Company has set up 2 DRI plants and Induction furnaces with ladle furnace and continuous casting machine. The Company is an ISO- 9001:2008, 14001:2004 & 18001:2007 company.

Adhunik Alloys & Power: It is a part of the Adhunik Group, located at Kandra in Jharkhand, is an integrated steel plant based on Sponge Iron Technology. The steel plant is based on green technology, where waste heat recovery of DRI and washery rejects are used to generate green power. The plant has its own Railway siding. The Company has also been allotted the North Dhandu Coal block in Latehar district, Jharkhand. Allotment of iron ore mines is in an advanced stage of necessary approvals and development. These resources are to be used on a captive basis for the production of steel.. With captive co-generation of power, private railway siding and captive iron ore and coal mining rights, the current expansion project shall assist in achieving low production cost, thereby allowing to withstand fluctuation in sales prices in future due to cyclic nature of steel industry.

Adhunik Metaliks: The flagship of the Group, has emerged as one of the fastest growing alloy, special and construction steel manufacturing companies in the country with significant presence in the mining and power sectors through its subsidiaries. It has completed almost all major capital expenditure for both backward and forward integration and emerged as an integrated manufacturer of special steel with downstream utilization of products.. The Company's shares are listed on National Stock Exchange and Bombay Stock Exchange. It has been allotted a captive iron ore mine at Keonjhar and captive coal mines at Talcher and Angul in Orissa. The company has also started operations and dispatches from it captive iron ore mines

Adhunik Power & Natural Resources: Inaugurated its first unit of 2 x270 MW coal fired thermal power plant on 16th October 2012 at Padampur village of Saraikela-Kharsawan district of Jharkhand. The Company signed an MoU for 1080 MW with Government of Jharkhand.

Products

  • HB Wire: The Company is producing H. B. Wire rod products by further processing of wire rods. Typical end-users of these products are tools and tackles industry and auto industry.
  • Wire rod: The Company is producing wire rods products also. Typical end-users of these products are real estate developers, construction units, forging units, wire drawing units and engineering industries.
  • Tmt bars: High Strength TMT has replaced the conventional steel bar due to its high strength, less consumption per cuM3 of RCC and therefore economical. Adhunik TMT is produced under stringent quality control and it is the best for use under most severe conditions and major constructions like bridges, flyovers, high-rise buildings and even in areas of high humidity, cyclone prone areas, seismic prone areas, etc. due to its high corrosion and seismic resistant and high strength properties.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-4.92%
1 Week
-13.31%
1 Month
-23.39%
3 Month
+30.32%
6 Month
+37.86%
1 Year
+62.89%
2 Year
-64.05%
5 Year
-77.70%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 7.48 4.58 4.96 11.32 2.24 2.21 4.53 3.41 0.88
Return on Capital Employed (%) 13.76 12.18 15.29 17.58 12.82 11.04 11.79 8.64 4.46
Return on Assets (%) 2.36 1.47 1.71 3.90 0.80 0.84 1.73 1.56 0.55

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 82 85 90 100 103 105 110 114 114
Non Curr. Liab. 68 53 39 28 19 16 31 30 10
Curr. Liab. 113 118 123 171 148 155 144 60 42
Minority Int.
Equity & Liab. 263 256 252 299 270 276 285 203 166
Non Curr. Assets 73 64 59 58 58 55 51 48 48
Curr. Assets 190 192 193 241 212 221 234 155 119
Misc. Exp. not W/O
Total Assets 263 256 252 299 270 276 285 203 166

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 354 414 441 411 410 374 481 670 502
Other Income 2 1 1 1 1 1 1 1 0
Total Income 355 415 442 412 411 375 481 671 502
Total Expenditure -324 -385 -406 -373 -383 -351 -456 -653 -490
PBIDT 31 30 36 39 28 24 26 18 12
Interest -20 -21 -26 -20 -19 -17 -15 -9 -5
Depreciation -4 -4 -4 -3 -3 -4 -4 -4 -6
Taxation -2 -1 -2 -5 -3 -1 -2 -2 0
Exceptional Items
PAT 6 4 4 11 2 2 5 4 1

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -5 25 39 27 53 -2 34 42 25
Cash Fr. Inv. -5 5 -2 -1 -3 0 1 5 -6
Cash Fr. Finan. 5 -30 -36 -29 -51 3 -33 -47 -21
Net Change -5 -1 0 -3 0 0 2 0 -3
Cash & Cash Eqvt 6 1 1 8 1 1 3 3 0

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 74.96 74.96 74.96 74.96 74.96 74.96 74.96 74.96 74.96
Public 25.04 25.04 25.04 25.04 25.04 25.04 25.04 25.04 25.04
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 68.03 68.03 68.03 68.03 68.04 68.03 68.03 68.03 68.03

Announcements View Details

Wed, 28 Jul 2021
Update on board meeting
The Board Meeting to be held on 29/07/2021 has been revised to 09/08/2021 This is further to our letter dated 21st July 2021 regarding intimation of the Board Meeting of the Company inter alia to discuss consider approve and take on record the Unaudited Financial Results of the Company for the quarter ended 30th June 2021.
Now we wish to inform you that due to unavoidable circumstances the meeting of the Board of Directors of the Company scheduled to be held on Thursday 29th July 2021 to discuss consider approve and take on record the Unaudited Financial Results of the Company for the quarter ended 30th June 2021 has been postponed and is re-scheduled to be held on Monday 9th August 2021.
We further inform that the Trading Window for dealing in securities of the Company shall continue to remain closed for all the Designated persons and their immediate relatives from Thursday 1st July 2021 till 48 hours after the declaration of Unaudited Financial Results of the Company for the quarter ended 30th June 2021.
Wed, 28 Jul 2021
Closure of Trading Window
We inform that the Trading Window for dealing in securities of the Company shall continue to remain closed for all the Designated persons and their immediate relatives from Thursday 1st July 2021 till 48 hours after the declaration of Unaudited Financial Results of the Company for the quarter ended 30th June 2021.
Wed, 21 Jul 2021
Board Meeting Intimation for Intimation Of Board Meeting
Incredible Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/07/2021 inter alia to consider and approve Pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 this is to inform you that the next meeting of the Board of Directors of Incredible Industries Limited (Formerly Adhunik Industries Limited) is scheduled to be held on Thursday the 29th day of July 2021 at the corporate office of the Company at 2/1A Sarat Bose Road Lansdowne Towers Kolkata -700 020 to inter-alia discuss consider approve and take on record the Unaudited Financial Results of the Company for the quarter ended 30th June 2021.
We request you to kindly take the above information on record.

Technical Scans View Details

Wed, 04 Aug 2021
High Delivery Percentage High Delivery Percentage
Close Crossing Last Week Low Close Crossing Last Week Low
Close Crossing Last Month Low Close Crossing Last Month Low
Making Lower Lows for 3 days Making Lower Lows for 3 days
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index

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