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Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	410	374	487	670	502	494	536	741	818	756	840
COGS	-351	-340	422	612	449	437	487	689	762	695	772
Gross profit	—	—	66	59	53	57	49	52	56	61	68
	735	693	40	41	41	42	32	34	37	40	45
	25	21	25	17	12	15	17	18	19	21	23
OPM %	6.2%	5.6%	5.2%	2.6%	2.4%	3.1%	3.1%	2.4%	2.4%	2.8%	2.7%
Depreciation	3	—	4	4	6	6	6	6	6	5	5
Interest	18	15	15	9	5	4	6	5	6	3	3
	1	1	1	1	0	0	0	0	2	1	1
Profit before tax	5	3	7	5	1	5	6	7	10	13	17
Tax	3	1	2	2	0	2	2	2	4	1	5
Tax %	54.1%	33.6%	30.4%	28.2%	23.5%	33.9%	39.9%	31.2%	40.1%	5.7%	30.7%
	2	2	5	4	1	4	4	5	6	12	12
PAT margin %	0.6%	0.6%	1%	0.6%	0.2%	0.7%	0.7%	0.7%	0.7%	1.7%	1.4%
EPS (₹)	0.5	0.5	1	0.8	0.2	0.8	0.8	1.1	1.3	2.7	2.5
EPS adjusted (₹)	—	—	—	0.8	0.2	0.8	0.8	1.1	1.3	2.7	2.5
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	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	Annual report for Mar 2026

₹ Cr	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	47	47	47	47	47	47	47	47
Reserves	—	68	71	75	80	86	98	110
Minority interest	—	—	—	0	—	0	—	0
	—	20	41	40	40	36	20	33
	—	32	34	40	42	41	29	31
Total equity & liabilities	—	166	193	202	209	210	194	221
	47	47	42	46	43	38	32	26
CWIP	—	0	0	0	0	5	11	35
Investments	—	0	0	0	0	0	0	0
	—	119	151	155	166	167	150	160
Total assets	—	166	193	202	209	210	194	221

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	25	-13	20	10	24	37	10
	-6	-1	-11	-3	-4	-4	-36
	-21	14	-9	-7	-13	-22	9
Net cash flow	-3	0	-0	1	7	11	-18
Free cash flow	19	-14	10	8	19	31	-13
CFO / Operating profit %	209.1%	-83.5%	117.4%	58.7%	123.2%	175.4%	42.3%

Incredible Industries Limited

Profit & loss