Integrated Filing — IndAS



General information about company
Scrip Code 538365
NSE Symbol INCREDIBLE
MSEI Symbol NOTLISTED
ISIN INE452L01012
Name of company INCREDIBLE INDUSTRIES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 28-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Iron & Steel
Start date and time of board meeting 28-May-2025   14:30:00
End date and time of board meeting 28-May-2025   16:35:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-02-14
Indicate Company website link for updated RPT policy of the Company www.incredibleindustries.co.in
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 2302225000 7561448000
Other income 718000 7660000
Total income 2302943000 7569108000
2 Expenses
(a) Cost of materials consumed 2094109000 7115548000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 42424000 -163950000
(d) Employee benefit expense 27532000 87779000
(e) Finance costs 8052000 34802000
(f) Depreciation, depletion and amortisation expense 13301000 53619000
(f) Other Expenses
1 Other Expenses 43804000 308965000
Total other expenses 43804000 308965000
Total expenses 2229222000 7436763000
3 Total profit before exceptional items and tax 73721000 132345000
4 Exceptional items 0 0
5 Total profit before tax 73721000 132345000
6 Tax expense
7 Current tax 11315000 27696000
8 Deferred tax 3999000 -20223000
9 Total tax expenses 15314000 7473000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 58407000 124872000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 58407000 124872000
17 Other comprehensive income net of taxes 1194000 1568000
18 Total Comprehensive Income for the period 59601000 126440000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 467638000 467638000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 984865000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1.27 2.7
Diluted earnings (loss) per share from continuing operations 1.27 2.7
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 1.27 2.7
Diluted earnings (loss) per share from continuing and discontinued operations 1.27 2.7
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 323007000
Capital work-in-progress 113679000
Investment property 0
Goodwill 0
Other intangible assets 0
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 0
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 4096000
Total non-current financial assets 4096000
Deferred tax assets (net) 0
Other non-current assets 63132000
Total non-current assets 503914000
2 Current assets
Inventories 546470000
Current financial asset
Current investments 0
Trade receivables, current 423525000
Cash and cash equivalents 181768000
Bank balance other than cash and cash equivalents 21066000
Loans, current 0
Other current financial assets 2500000
Total current financial assets 628859000
Current tax assets (net) 0
Other current assets 261360000
Total current assets 1436689000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 1940603000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 467638000
Other equity 984865000
Total equity attributable to owners of parent 1452503000
Non controlling interest
Total equity 1452503000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 4553000
Total non-current financial liabilities 4553000
Provisions, non-current 9334000
Deferred tax liabilities (net) 38777000
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 52664000
Current liabilities
Current financial liabilities
Borrowings, current 194993000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 21779000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 118059000
Total Trade payable 139838000
Other current financial liabilities 39501000
Total current financial liabilities 374332000
Other current liabilities 37570000
Provisions, current 23534000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 435436000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 488100000
Total equity and liabilites 1940603000
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block
Textual Information(1) CWIP and Other Non Current Assets is pertaining to the amount spent by the Company pertaining to its SMS Project and upgradation, addition and modification in the Rolling Mill at Raturia, Angadpur, Durgapur-713 215 which is expected to be completed in the F. Y.- 2026-27.



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of defined benefit plans 1595000 2095000
Total Amount of items that will not be reclassified to profit and loss 1595000 2095000
2 Income tax relating to items that will not be reclassified to profit or loss 401000 527000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income 1194000 1568000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 132345000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 34802000
Adjustments for decrease (increase) in inventories -22455000
Adjustments for decrease (increase) in trade receivables, current 16580000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 244722000
Adjustments for decrease (increase) in other non-current assets -54001000
Adjustments for other financial assets, non-current 2072000
Adjustments for other financial assets, current 74102000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -48077000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -5395000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 53619000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 0
Adjustments for provisions, non-current -158000
Adjustments for other financial liabilities, current 10374000
Adjustments for other financial liabilities, non-current -23777000
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 4585000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 2095000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 279918000
Net cash flows from (used in) operations 412263000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 38792000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 373471000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment 60049000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 4585000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 10996000
Net cash flows from (used in) investing activities -44468000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 164419000
Payments of lease liabilities 24000000
Dividends paid 0
Interest paid 34802000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -223221000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 105782000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 105782000
Cash and cash equivalents cash flow statement at beginning of period 75985000
Cash and cash equivalents cash flow statement at end of period 181767000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 R. Gopal & Associates Yes 30-Apr-2027


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 INCREDIBLE INDUSTRIES LIMITED ADHUNIK CORPORATION LIMITED COMMON DIRECTORSHIP Purchase of goods or services 7500000000 Yearly limit (2024-25) pertaining to Omnibus approval of material Related Party Transaction 2092993000 99964000 13180000
2 INCREDIBLE INDUSTRIES LIMITED ADHUNIK CORPORATION LIMITED COMMON DIRECTORSHIP Sale of goods or services 500000000 Yearly limit (2024-25) pertaining to Omnibus approval of material Related Party Transaction 146617000 0 0
3 INCREDIBLE INDUSTRIES LIMITED SANJAY KALOYA OTHER RELATED PARTY Any other transaction DIRECTOR SITTING FEES 30000 Audit Committee had approved the Sitting Fees of per Board Meeting or per Audit Committee Meeting. 30000 0 0
4 INCREDIBLE INDUSTRIES LIMITED NIKET AGARWAL OTHER RELATED PARTY Any other transaction DIRECTOR SITTING FEES 30000 Audit Committee had approved the Sitting Fees of per Board Meeting or per Audit Committee Meeting. 30000 0 0
5 INCREDIBLE INDUSTRIES LIMITED SHILPI MODI OTHER RELATED PARTY Any other transaction DIRECTOR SITTING FEES 45000 Audit Committee had approved the Sitting Fees of per Board Meeting or per Audit Committee Meeting. 45000 0 0
6 INCREDIBLE INDUSTRIES LIMITED SONAM AGARWAL OTHER RELATED PARTY Any other transaction DIRECTOR SITTING FEES 45000 Audit Committee had approved the Sitting Fees of per Board Meeting or per Audit Committee Meeting. 45000 0 0
7 INCREDIBLE INDUSTRIES LIMITED DEEPAK KUMAR AGARWALLA OTHER RELATED PARTY Any other transaction DIRECTOR SITTING FEES 45000 Audit Committee had approved the Sitting Fees of per Board Meeting or per Audit Committee Meeting. 45000 0 0
8 INCREDIBLE INDUSTRIES LIMITED RAMA SHANKAR GUPTA OTHER RELATED PARTY Remuneration NA 3000000 302000 102000
9 INCREDIBLE INDUSTRIES LIMITED AMIT AGRAWAL OTHER RELATED PARTY Remuneration NA 891000 276000 107000
10 INCREDIBLE INDUSTRIES LIMITED BHARAT AGARWAL OTHER RELATED PARTY Remuneration NA 816000 150000 0
11 INCREDIBLE INDUSTRIES LIMITED MAYANK AGARWAL PROMOTER GROUP Remuneration 9400000 Audit Committee had approved the Remuneration. 9400000 0 192000
Total value of transaction during the reporting period 2253912000