1 Jul 2026, 2:30 pmCompany Update
Clarification On Price Movement
General PDF
Incap Ltd operates in Other Electrical Equipment within the Industrials sector.
2,194 historical price candles were omitted because the exchange source has not been verified.
Structured signal from quality, growth, valuation and momentum.
₹ crore, by fiscal year
% of revenue, by fiscal year
Comparable companies from the narrowest available industry classification.
Reported profit and loss, balance sheet, cash flow and growth history.
Annual operating, return, leverage and working-capital ratios.
Current futures and options contracts with compact option-chain pages.
Mutual-fund schemes that disclosed a holding in the company.
Annual reports, exchange filings, offer documents, ratings and earnings-call material.
Upcoming dates and the company’s corporate-action history.
Latest exchange announcements, filings and downloadable documents.
Standalone figures
| Ratio | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | 51.4% | 46% | 42.8% | — | — | 19% |
| EBITDA margin % | 11.8% | 1.7% | 0.4% | 2.5% | 2.1% | 3.7% | 5% | 3.8% |
| EBIT margin % | 10.5% | 0.5% | -1.9% | 0.6% | 0.2% | 1.8% | 3.9% | 2.2% |
| PAT margin % | 10.1% | 1.6% | 2.8% | 3.5% | 3.1% | 3.5% | 2.4% | 1.1% |
| Working capital | ||||||||
| Receivable days | — | — | 130 | 81 | 108 | 185 | 154 | 86 |
| Inventory days | — | — | 76 | 67 | 61 | 56 | 26 | 88 |
| Payable days | — | — | 602 | 291 | 276 | 136 | 73 | 81 |
| NWC days | — | — | -396 | -142 | -107 | 105 | 108 | 92 |
| Leverage | ||||||||
| Current ratio | — | — | 1.53 | 1.93 | 1.95 | — | — | 1.65 |
| Debt to EBITDA | — | — | 22.88 | 3.24 | 2.73 | 3.83 | 3.21 | 0.67 |
| Debt to equity | — | — | 0.12 | 0.12 | 0.08 | 0.17 | 0.33 | 0.05 |
| Interest coverage | 31 | 2.2 | 5.9 | 8.2 | 5.9 | 4.1 | 3.2 | 2.6 |
| Asset turnover | — | — | 0.58 | 0.79 | 0.75 | 0.71 | 1.12 | 1.15 |
| Return ratios | ||||||||
| Return on assets % | — | — | 1.6% | 2.7% | 2.3% | 2.4% | 2.7% | 1.2% |
| Return on capital employed % | — | — | 4.9% | 7.7% | 6.3% | — | — | 5.1% |
| Return on equity % | — | — | 3.7% | 5.1% | 4.1% | 4.2% | 4.9% | 2.1% |
Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.
| Holder (%) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 66.82% | 66.89% | 66.91% | 66.91% | 66.91% | 66.91% | 66.91% | 67.59% | 66.91% | 66.91% | 66.91% | 66.91% | |
| FII | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DII | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
| 33.18% | 33.11% | 33.09% | 33.09% | 33.09% | 33.09% | 33.09% | 32.41% | 33.09% | 33.09% | 33.09% | 33.09% | |
| No. of shareholders | — | — | — | — | — | — | — | — | 3,450 | 3,375 | 3,333 | 3,260 |
Promoter holding up 0.09 percentage points since Sep 2023.
| Date | Client | Type | Venue | Side | Quantity | Price | Value |
|---|---|---|---|---|---|---|---|
| 25 Feb 2026 | SHEENAM SACHAR | Bulk | BSE | Buy | 27,925 | ₹93.15 | ₹0.26 Cr |
Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.
Current officeholders as filed with BSE. A person holding two offices is listed once per office.
Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.
No scheme among the 32 fund houses on record reported a position in Incap Ltd. Portfolios are published monthly by each AMC; coverage is still partial.
Documents link to external sources (exchange filings, company investor pages).
Clarification sought from Incap Ltd
Corporate Action-Board to consider Dividend
Board Meeting Outcome for Outcome Of The Board Meeting To Fix AGM Data And Audited Financial Results
Audited Financial Results For The Quarter And Year Ended On 31St March, 2026
Board Meeting Intimation for Board Of Directors Meeting Of The Company Will Be Held On May, 30, 2026 Inter-Alia Consider, Approve And Take On Record Audited Financial Results Of The Company
Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations 2015
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
| Date | Category | Subject | Filing |
|---|---|---|---|
| 1 Jul 2026, 2:30 pm | Company Update General | Clarification On Price Movement | |
| 30 Jun 2026, 6:04 pm | Company Update Clarification | Clarification sought from Incap Ltd | — |
| 30 May 2026, 3:31 pm | Corp. Action Dividend/AGM | Corporate Action-Board to consider Dividend | |
| 30 May 2026, 3:23 pm | Board Meeting Outcome of Board Meeting | Board Meeting Outcome for Outcome Of The Board Meeting To Fix AGM Data And Audited Financial Results | |
| 30 May 2026, 3:20 pm | Result Financial Results | Audited Financial Results For The Quarter And Year Ended On 31St March, 2026 | |
| 11 May 2026, 3:05 pm | Board Meeting | Board Meeting Intimation for Board Of Directors Meeting Of The Company Will Be Held On May, 30, 2026 Inter-Alia Consider, Approve And Take On Record Audited Financial Results Of The Company | |
| 23 Apr 2026, 10:40 am | Company Update Reg. 40 (10) - PCS Certificate for Transfer / Transmission / Transposition | Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations 2015 | |
| 13 Apr 2026, 12:16 pm | Company Update Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 | Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 |
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|---|---|---|---|---|---|---|---|---|---|---|
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| Premier Energies LimitedPREMIERENEPREMIERENE | ₹39,863 Cr | ₹43,480 Cr | ₹8,466 Cr | ₹2,543 Cr | 30.4% | ₹1,665 Cr | 19.3% | 36.3% | 42.4% | 115 |
| Mtar Technologies LimitedMTARTECHMTARTECH | ₹24,015 Cr | ₹24,384 Cr | ₹1,080 Cr | ₹228 Cr | 19.5% | ₹133 Cr | 10.7% | 17.2% | 12.1% | 419 |
| Emmvee Photovoltaic Power LimitedEMMVEEEMMVEE | ₹21,177 Cr | ₹21,355 Cr | ₹5,578 Cr | ₹1,932 Cr | 34.3% | ₹1,274 Cr | 21.4% | 43.6% | 51.1% | 159 |
| Diamond Power Infrastructure LimitedDIACABSDIACABS | ₹18,182 Cr | ₹20,711 Cr | ₹2,298 Cr | ₹270 Cr | 11.7% | ₹197 Cr | 8.3% | 12.4% | — | 93 |
| Avalon Technologies LimitedAVALONAVALON | ₹15,232 Cr | ₹15,415 Cr | ₹1,764 Cr | ₹201 Cr | 10.8% | ₹134 Cr | 7.1% | 23.4% | 16.9% | 160 |
| Fujiyama Power Systems LimitedUTLSOLARUTLSOLAR | ₹12,327 Cr | ₹12,788 Cr | ₹3,403 Cr | ₹639 Cr | 18.5% | ₹294 Cr | 11.5% | 29.6% | 23.9% | 123 |
| Genus Power Infrastructures LimitedGENUSPOWERGENUSPOWER | ₹8,518 Cr | ₹10,817 Cr | ₹5,173 Cr | ₹973 Cr | 19.2% | ₹652 Cr | 12.5% | 31% | 29% | 188 |
| Waaree Renewable Technologies LimitedWAAREERTLWAAREERTL | ₹8,436 Cr | ₹8,517 Cr | ₹3,652 Cr | ₹697 Cr | 19.2% | ₹511 Cr | 14.4% | 84.1% | 68.9% | 37 |
| Ram Ratna Wires LimitedRAMRATRAMRAT | ₹5,752 Cr | ₹6,407 Cr | ₹6,047 Cr | ₹310 Cr | 5.1% | ₹127 Cr | 2.1% | 30.4% | 20.1% | 33 |
| Vikram Solar LimitedVIKRAMSOLRVIKRAMSOLR | ₹5,594 Cr | ₹5,694 Cr | ₹5,232 Cr | ₹800 Cr | 19.1% | ₹357 Cr | 9.8% | 31.4% | 21.3% | 11 |
| ₹ Cr | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| 29 | 28 | 38 | 21 | 23 | 21 | 19 | 34 | 32 | |
| COGS | -15 | -15 | -10 | 10 | 13 | 12 | -13 | -27 | 26 |
| Gross profit | — | — | — | 11 | 11 | 9 | — | — | 6 |
| 40 | 40 | 48 | 11 | 10 | 9 | 32 | 59 | 5 | |
| 4 | 3 | 1 | 0 | 1 | 0 | 1 | 2 | 1 | |
| OPM % | 13.6% | 11.8% | 1.7% | 0.4% | 2.5% | 2.1% | 3.7% | 5% | 3.8% |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Interest | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | |
| Profit before tax | 4 | 4 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Tax | — | — | — | 0 | 0 | 0 | — | — | 0 |
| Tax % | — | — | — | 14.7% | 30.2% | 25.8% | — | — | 33.3% |
| 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | |
| PAT margin % | 8.2% | 10.1% | 1.6% | 2.8% | 3.5% | 3.1% | 3.5% | 2.4% | 1.1% |
| EPS (₹) | — | — | — | — | — | — | — | — | 0 |
| EPS adjusted (₹) | — | — | — | 1.1 | 1.6 | 1.3 | 1.3 | 1.6 | 0.7 |
| Annual report | Annual report for Mar 2017 | Annual report for Mar 2018 | Annual report for Mar 2020 | Annual report for Mar 2021 | Annual report for Mar 2022 | Annual report for Mar 2023 | Annual report for Mar 2024 | Annual report for Mar 2025 | — |
| ₹ Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 5 | 5 | 5 | 5 | 5 | 5 |
| Reserves | 10 | 11 | 11 | 11 | 11 | 11 |
| Minority interest | — | 0 | 0 | — | 0 | — |
| 2 | 2 | 1 | 3 | 5 | 1 | |
| 19 | 12 | 11 | 9 | 8 | 11 | |
| Total equity & liabilities | 36 | 29 | 28 | 27 | 30 | 28 |
| 4 | 3 | 4 | — | — | 7 | |
| CWIP | — | — | — | — | — | 0 |
| Investments | 2 | 2 | 2 | 2 | 3 | 3 |
| 30 | 24 | 22 | 25 | 27 | 18 | |
| Total assets | 36 | 29 | 28 | 27 | 30 | 28 |
| ₹ Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| 3 | -4 | -1 | -6 | -2 | 5 | |
| 1 | 1 | 0 | 1 | -5 | -0 | |
| 0 | -1 | -1 | 1 | 2 | -5 | |
| Net cash flow | 4 | -3 | -2 | -5 | -5 | -0 |
| Free cash flow | 3 | -4 | -2 | -6 | -6 | 5 |
| CFO / Operating profit % | — | -660.3% | -236.4% | -841.7% | -125.6% | 409.1% |