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Incredible Industries Ltd. (India)

Main Activities: Iron and Steel Mills and Ferroalloy Manufacturing
Full name: Incredible Industries Ltd. Profile Updated: April 18, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Incredible Industries Ltd. (IIL), formerly known as Adhunik Industries Limited, is a well-known company in the iron and steel industry in the eastern part of India. Based in Kolkata, the company specializes in producing high-quality TMT bars. IIL has established itself as a leading TMT bar manufacturer in Kolkata since its inception. The company holds accreditations such as ISO 9001:2015, 14001:2015, and OHSAS 45001:2018. It is listed on the Calcutta Stock Exchange Limited, BSE Limited, and NSE Limited. IIL has a dedicated research and development team and follows stringent quality control procedures. Their flagship product, Fe 500 SD, is known for its superior quality and is suitable for use in severe conditions and major construction projects. The company's primary focus is on manufacturing rolled products, including TMT bars, rounds, and wire rods. They operate a rolling mill with a capacity of 1,70,000 million tons per annum (MTPA) in the Raturia Industrial Area, Angadpur, Durgapur, West Bengal. Additionally, IIL has a windmill with a capacity of 1.50 megawatts (MW) in Dhule, Maharashtra, and has a Power Purchase Agreement with Maharashtra State Electricity Distribution Company Limited (MSEDCL) for power supply. IIL benefits from backward linkage with other group companies located near Durgapur, which are involved in the manufacturing of sponge iron and billets. Incredible Industries Limited is a public company incorporated on August 23, 1979. It is registered at the Registrar of Companies in Kolkata and is classified as a non-government company. The authorized share capital of the company is Rs. 1,000,000,000, and the paid-up capital is Rs. 467,637,500. The company is engaged in the manufacture of basic iron and steel products. The most recent Annual General Meeting (AGM) of Incredible Industries Limited was held on an unspecified date, and the balance sheet was last filed on March 31, 2022. The board of directors of Incredible Industries Limited includes Asit Baran Dasgupta, Shilpi Modi, Niket Agarwal, Rama Shankar Gupta, Sanjay Kaloya, and Sonam Agarwal. The Corporate Identification Number (CIN) of Incredible Industries Limited is L27100WB1979PLC032200, and its registration number is 32200. The company's registered address is 14 N S Road, 2nd Floor, Kolkata, West Bengal, with an email address of bharatagarwal@adhunikgroup.co.in. Currently, Incredible Industries Limited is an active company.

Legal Address
14, Netaji Subhas Road,, 2nd Floor,
Kolkata; West Bengal; Postal Code: 700001

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Website: http://www.adhunikindustries.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1979
Key Executives
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Chairman
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Independent Director
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Managing Director
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Managing Director
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Chief Financial Officer
Ownership Details
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74.96%
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13.68%
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11.36%
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
68.5%
Total operating revenue
68.5%
Operating profit (EBIT)
30.93%
EBITDA
18.18%
Net Profit (Loss) for the Period
141.53%
Total equity
0%
Operating Profit Margin (ROS)
-0.36%
Net Profit Margin
0.14%
Return on Equity (ROE)
3.57%

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